Answer:
The correct answer is option E.
Explanation:
The Philips curve shows the inverse relationship between inflation and unemployment. The Philips curve, in the short run, is downward sloping L shaped indicating this inverse relationship.
But according to economists, in the long run, there is no trade-off between inflation rate and unemployment. The inflation and unemployment are related in the short run, they are not related in the long run.
The long-run Phillips curve is a vertical line at the point of the natural rate of unemployment.
Geraldine Fadsi's job in the entertainment industry is to bring together entertainers and organizations looking to hire entertainers. Fadsi is paid a commission, usually by the entertainer. Fadsi is acting as an agent
Who is called an agent?
In the language of the law, someone who has been given the authority to act on behalf of another person or entity is referred to as an agent. To represent a client in discussions and other interactions with third parties, an agent may be hired.
What is the duty of agent?
The agent owes the principal a responsibility to act in the principal's best interests while acting within the scope of the agent's authority whenever the agent is designated to arrange or negotiate a transaction on the principal's behalf.
Learn more about agents: brainly.com/question/7495533
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Its really never appropriate to use other people's software, but if they say you can then there's your chance to use other peoples stuff.
Have a great day! :D
Answer:
The correct option is $1.14
Explanation:
D1=D0*(1+g)
D1 is year 1 dividend
g growth rate of dividend of 15%
D1=$0.54*(1+15%)
D1=$0.54*(1+0.15)
D1=$0.54*1.15
D1=$0.621
00
D2=$0.621*1.15
D2=$0.71415
We need to apply the discount factor to each of the dividends,the discount factor is 1/(1+r)^n
r is the rate of return of 11%
n is the relevant year
present value of year 1 dividend=$0.62100*1/(1+11%)^1
present value of year 1 dividend=$0.559459459
Present value of year 2=$0.71415*1/(1+11%)^2
Present value of year 2=$0.579620161
Total value present values=$0.559459459
+$0.579620161
=$1.14