Answer: b. When population exceeds real GDP growth
Explanation:
Gross domestic growth(GDP) is the monetary value of all finished goods and services done within in a country over a period of time. When the population of a country exceeds what it produces there would be record in decline in productivity of the country. This is a serious problem as it could lead to other factors as scarcity(having high demand and low supply), it could lead to poverty as there won't be much jobs as production is not commensurate with population.
Limited government licenses that create a monopoly do so because the license is an entry barrier.
Hence, option C is correct.
What do you mean by monopoly in economics?
Monopoly can be defined as a situation where there is a dominance of a single seller in the market. It is opposite to the concept of perfect competition. An unregulated monopoly possesses market power and can influence prices in the overall sector.
The main features revolves around
- Only One Seller and Various Buyers.
- No Produce Replacement Option
- Very Difficult to Enter in Market.
- Pricing Control.
- Government Driven.
- Natural Monopoly.
There are usually three types of monopoly
- Natural Monopolies.
- State Monopolies.
- Un-natural Monopolies.
To know more about monopoly from the given link
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Answer:
Monthly payment = $769.27
Explanation:
First we have to determine the future value of the ordinary annuity:
Payment = $235.15
N = 20 * 12 = 240
Rate = 3.2% / 12 = 0.267%
Using a financial calculator and the FV function, the FV = $78,910.41
Again, using the financial calculator or Excel, you can determine the monthly payment:
N = 10 / 12 = 120
Rate = 0.267%
PV = $78,910.41
FV = $0
Monthly payment = $769.27
Answer:
e. $82,854
Explanation:
Assuming compounding occurs only once a year, the future value of a $39,500 investment for 30 years at a rate of 2.50% per year is determined by:
At the end of 30 years, Brandon will have $82,854.
The answer is alternative e. $82,854
Answer:
$1,015.96
Explanation:
The Price of the Bond (PV) can be calculated as follows :
Fv = $1,000
Pmt = ($1,000 × 8.04%) ÷ 2 = $40.20
n = 9 × 2 = 18
p/yr = 2
i = 7.79%
pv = ?
Using a financial calculator to input the values as shown above, the Price of the Bond (PV) is $1,015.96
