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3 years ago

HOW MIGHT ECONOMIC ACTIVITIES WITHIN A FAMILY REPRESENT ASPECTS OF TRADITIONAL, COMMAND, AND MARKET ECONOMIES?

1 answer:

7 0

<span>A traditional economy is run by customs and traditions, young family members working in the family fields to earn their keep. A command economy is one where the most valuable assets are controlled by the state, the parents keep the check book and control of credit cards. In a market economy resources are allocated based on needs of the consumers, kids setting up a lemonade stand.</span>

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5. Describe two risks involved in banking, and explain how banks can protect against those risks. (2

MAXImum [283]

Answer:

The two risks are liquidity risk and market risk.

Explanation:

The liquidity risk is the risk that the company will not be able to refinance its liability and this is the most important risk for the banking sector. The financial health of the organization when get worsen the company finds it impossible for it to refinance its liabilities. This has greater effects on the organization's operations.

The market risk is the risk due to the losses of the bank's trading and this is because the interest has moved un favorable in the country in which the bank is operating. The risk also includes its investment in forex, stocks, etc.

5 0

3 years ago

Give a concrete example of how the type of college you choose can impact your total costs.

Zanzabum

Answer:

Because you chose to go to college instead of working, your opportunity cost is actually the sum of your college expenses plus the money you could have earned had you chosen not to work.

Explanation:

There are five main categories of expenses to think about when figuring out how much your college education is really going to cost: tuition and fees, room and board, books and supplies, personal expenses, and transportation. You can control some of these costs to some extent.

7 0

3 years ago

Refers to the work processes associated with shortening the time of delivering a product or service

NARA [144]

The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.

7 0

3 years ago

Specific skills needed to accomplish specialized activities such as drafting and welding are known as ____ skills.

marshall27 [118]

Specialization like that is called as "technical" skills.

3 0

3 years ago

Hagelin Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon

Natasha2012 [34]

Answer:

YTM 7.02%

Explanation:

we will calcualte the YTM of the current bonds to know the market rate.

Issuing the bonds at this rate will put them at par value.

The YTM is the one which mades the future coupon payment and maturity equal to the market price.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Coupon payment: 1,000 x 8%/2 = 40

time 30 (15 years x 2 payment)

$40 \times \frac{1-(1+r)^{-30} }{r} = PV\\$

PV coupon

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

$\frac{1000}{(1 + r)^{30} } = PV$

PV maturity 355.24

PV coupon + PV maturity = 1,090

For maths reason the only way to solve for rate is with trial and error

we can, however use excel to do it more quickly than by hand:

we write on A1 cell 0.1

en on B1 cell: =PV(A1,30,40)

on C1 cell= 1,000/power(1+A1;1/30)

on D1 =B1+C1

What we are doing is expressing the formulas on excel

then we use goal seek on D1

w e want it on 1090 cahnging the cell A1 which is the rate

this give us the semiannual rate of :

0.035100422

we multiply by 2 to get the annual rate:

0.070200843

YTM = 7.02%

we need to issue the bond at this rate.

8 0

4 years ago