Answer:
C. Letter C; demand exceeds supply, resulting in a shortage
Explanation:
I had put my answer as A on the test and got it wrong. But this is the correct answer C.
Based on the information given the maturity value of the note is: $82,500.
Using this formula
Maturity value of note=Principal amount+(Principal amount× Number of year× Interest rate)
Where:
Principal amount=$75,000
Number of year=2 year
Interest rate=5% or 0.05
Let plug in the formula
Maturity value of note=$75,000+($75,000×2 year×0.05)
Maturity value of note=$75,000+$7,500
Maturity value of note=$82,500
Inconclusion the maturity value of the note is: $82,500.
Learn more about maturity value of note here:brainly.com/question/24374294
Based on the percentage spent out of their marginal income, the country where fiscal policy would be more effective is<u> Country A </u>
The country where fiscal policy would be more effective is the one that has a higher multiplier.
Multiplier is calculated as:
<em>= 1 / ( 1 - Marginal propensity to consume)</em>
Marginal propensity to consume is the percentage spent out of marginal income.
Country A multiplier:
= 1 / ( 1 - 80%)
= 5
Country B multiplier:
= 1 / ( 1 - 60%)
= 2.5
In conclusion, fiscal policies would be more effective in Country A.
<em>Find out more at brainly.com/question/17012705. </em>
Answer:
E. Being influenced by initial impressions
Explanation:
It is well known and practically proven that initial or first impressions have long-lasting effects. This is clearly seen in the scenario presented before us. The managers at Big Bend Inc. were thoroughly impressed by the wonderful presentation of the company such that even when the company's gross incompetence was uncovered, the managers opted to still choose the aforesaid company
The managers decision was not influenced by data, because the data clearly showed the company's incompetency but yet they were chosen. Hence, <u>option A is wrong</u>
The managers decision was not perpetuating the status quo, because this company had a bad reputation but they chose them nonetheless. Hence, <u>option B is wrong</u>
The managers were not seeking to defend prior decisions, their decision was based solely on the wonderful presentation. Hence, <u>option C is wrong</u>
The managers were not justifying past decisions, their decision was based solely on the wonderful presentation. Hence, <u>option D is wrong</u>
The managers decision was based solely on the wonderful presentation. Hence, the error made by these managers is apparent. Hence, <u>option E is correct</u>