Answer:
1. The world is shifting to electric vehicles
2. The business is over the profitability hump
3. Optionality could lead to massive new sources of revenue
Explanation
THE EXPLANATION FOR NUMBER 1: In the first half of 2021, global electric vehicle (EV) sales were 2.6 million units. It doesn't sound like a lot. But unit growth was up 160% over the same period last year. That's more than six times faster than the overall auto market.
THE EXPLANATION FOR NUMBER 2:In 2017, famed investor Jim Chanos said about Tesla: "We think the equity is worthless." As silly as the projection looks in hindsight, Tesla CEO Elon Musk has since admitted that the company was about a month away from bankruptcy at the time. Those days are long gone. The company is now solidly profitable with industry-leading gross margins.
EXPLANATION FOR NUMBER 3:
While the company should be praised for the turnaround, many shareholders have their eyes fixed on new markets the company could disrupt. Led by sanguine analysis from Cathie Wood's ARK Invest, and the stock's inclusion in several of ARK's high-profile exchange-traded funds, Tesla now sports a market capitalization of $777 billion.
hope this helps sorry this is alot
Answer:
B) determines the target federal funds rate and the direction of open market operation policies.
Explanation:
The Federal Open Market Committee (FOMC) is made up of 12 members:
- the seven members of the Board of Governors of the FED
- president of the Federal Reserve Bank of New York
- four of the remaining eleven federal reserve bank presidents
Its main roles are to:
- set monetary policy
- set target federal funds rate
- implement the open market operation policies
Answer:
The substitution effect will cause a decrease in the consumption of peanut butter and the income effect will cause an increase in the consumption of peanut butter.
Explanation:
Inferior goods are those whose demand drops as income increases. People tend to prefer other goods but are forced to use the inferior good because of income constraints.
If peanut butter is an inferior good and the price rises substitution effect will tend to cause a decrease in demand and consumption of peanut butter. This is because consumers will seek other alternatives.
Income effect acts in opposite direction to substitution effect, and will cause an increase in consumption of peanut butter.
If his starting balance is the $225.91
then his balance would be
-131.71
