Answer:
b. rise in demand results in an increase in price
Explanation:
Price elasticity of demand in economics measures the degree of the responsiveness of the quantity demanded of a good or service to increase in its price.
Therefore reverse elasticity will be the measure of the degree of responsiveness of price to changes in quantity demanded.
Therefore in the options given in the scenario, an increase in price resulting from a rise in demand is most likely the appropriate definition of a reverse elasticity
Answer:
<em>In theory, both are riskless but in practicality they aren't completely risk free.</em>
Explanation:
<em>In investment theory</em>, the investment in government bonds is <em>riskless </em>, irrespective of the investment maturity period because they are backed by the government.
However, <em>in practicality</em> every investment involves risk whether it's a short term or long term. However, a short term investment like the one specified in <em>statement 2</em> involves lower time frame and thereby lower volatility, hence it implies <em>lower risk</em>. The investment specified in <em>statement 1</em> is of longer term and hence can involve higher volatility, hence it implies <em>higher risk.</em>
<em><u>Note</u></em><em>- All the governments are prone to risk practically</em> because they are also part of the global financial and economic system and hence, they have to manage their budget balances prudently. Every investment thereby involves <em>risk</em>, it's just the <em>financial backing</em> of the <em>government financial</em> <em>instruments</em> which makes them less risky as compared to the other financial instruments.
Answer:
Yes
Explanation:
Emails show an agreement between the defendant and the plaintiff and as long as they are proved to be actually between the parties, it is considered evidence.
Answer:
Participative.
Explanation:
Participative leadership is the process of influencing people to direct their efforts toward the achievement of some particular goal or goals. Participative leadership can be different depending on organization, purpose and situation but there are common patterns in all types:
- Leader always facilitates the conversation.
- Leaders share any information and necessary knowledge for decision-making.
- Leaders encourage others to share their ideas.
- Leader must take all information and solutions by the team and synthesize.
- The leader comes up with best solution based on group information and communicates the solution to the group.
Participative leadership consist of one of the four types of participative decision making.
* Democratic (Participative) – Encourages participation of all members but final decision is made by leader.
* Collective – All decisions are taken by the group and responsibility for the decisions also rest on entire group.
* Autocratic – Possible solutions are brainstormed collectively but leaders are responsible for final decision. Different from democratic as autocratic is goal oriented while democratic is people oriented.
* Consensus – Leader gives up responsibility and control of decision making to the group.
Answer: 283.322 HUF
Explanation:
Following the information given in the question, the following can be deduced:
Spot rate = 267.767
Foreign currency interest rate (rf) = 1.6%
Home currency interest rate (rh) = 3.5%
Number of years (n) = 3
Therefore, the expected exchange rate 3 years from now will be calculated as:
= Spot × (1+(rh - rf))^n
= 267.767 × [1 + (35% - 16%)]³
= 267.767 × [1 + (0.035 - 0.016)]³
= 267.767 × 1.0581
= 283.322 HUF
Therefore, the expected exchange rate 3 years from now will be 283.322 HUF.
