In countries like _____________ the command economy predominates.

svlad2 [7]

Answer:

Allocative efficiency is about distributing or allocating resources in the best possible manner. E.g. in order to fight the current pandemic, more resources ($) is allocated to different health care institutions.

Productive efficiency is about how a company or a person uses the resources that it has in order to produce the greatest amount of benefits at the lowest possible cost. E.g. in a hospital, if a doctor is able to treat 15 patients per day, his/her productive efficiency will be higher than another doctor that only treats 10 patients per day.

3 0

3 years ago

Based on the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stoc

Sonja [21]

The expected return for stock A and B is 8.55% and 15.11% respectively.

<h3>What is the Expected return?</h3>

= (Probability of Recession × Return during recession) + (Probability of normal × Return during normal) + (Probability of boom × Return during boom)

Expected return for stock A:

= (0.20 * .05) + (0.57 * 0.08) + (0.23 * 0.13)

= 0.0855

= 8.55%

Expected return for stock B:

= (0.20 * 0.20) + (0.57 * 0.09) + (0.23 * 0.26)

= 0.1511

= 15.11%

Therefore, the expected return for stock A and B is 8.55% and 15.11% respectively.

Read more about Expected return

<em>brainly.com/question/25821437</em>

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3 0

1 year ago

You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save

Anettt [7]

Answer:

36 years 4 months and 2 days

Explanation:

Data provided in the question:

Monthly payment = $300

Rate of return, i = 9% = 0.09

Future value = $1,000,000

Now,

we know

Future value = Monthly payments × $\left[ \frac{(1+i)^{n}-1}{i} \right]$

or

1000000 = $300 × $\left[ \frac{(1+0.0075)^{ }-1}{ 0.0075 }$

or

$\frac{ 1000000}{ 300} &= \frac{ 1.0075^{n} - 1}{ 0.0075}$

$3333.33333 &= \frac{ 1.0075^{n} - 1}{ 0.0075}$

$1.0075^{n} - 1 &= 3333.33333 \times0.0075$

or

1.0075ⁿ - 1 = 25

or

1.0075ⁿ = 26

ln( 1.0075ⁿ) = ln(26)

or

n × ln( 1.0075 ) = ln(26)

or

n = [tex]\frac{ \ln (26) }{ \ln( 1.0075 ) }[tex]

or

n = 436.04 months

or

n = 36 years 4 months and 2 days

5 0

3 years ago

Read 2 more answers

Amber’s academic adviser has asked her to set 3 academic goals for this semester. these goals are most likely to be accomplished

Kisachek [45]

Had to look for the options and here is my answer:

Since Amber was assigned by her academic adviser some academic goals, how these goals could be accomplished is by writing or noting down her goals. This way, she will have a guide on what to do first and the task will do done smoothly.

4 0

3 years ago

Party a has agreed to exchange $1 million u.s. for $1.02 million canadian. what is this agreement called?

Mrrafil [7]

Party A has agreed to exchange $1 million U.S. dollars for1.21 million Canadian dollars. This agreement is called a swap.

An agreement for a financial exchange known as a "swap" calls for one of the two parties to commit to making a given number of payments at a specified frequency in exchange for the other party making a different set of payments. These flows often react to interest payments based on the swap's nominal amount.

<h3>What is the advantage of swap contract?</h3>

Through the use of swap, one can gain access to new financial markets for funding by analyzing the comparative advantage that the other party has in that market. As a result, exchange fully utilizes the comparative advantage that parties possess. As a result, money can be collected at a lower cost from the best source available.

Learn more about Swap: brainly.com/question/14990076

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3 0

1 year ago