Answer:
option A is correct
Amount that not covered is $162000
Explanation:
given data
insures deposits = $250,000
individual account = $200,000
joint account = $424,000
to find out
How much of Suzanne's money is not covered by FDIC insurance
solution
we know that
here eligible coverage amount is = $200000 + 1/2 × 424000
so eligible coverage amount is = $412,000
and we know that
Amount covered = $250000
so that
here Amount that not covered is = $412000 - $250000
Amount that not covered is $162000
so option A is correct
Financial assets are priced via the balance of supply and demand.
<h3>
What do the terms supply and demand mean?</h3>
- Supply and demand is an economic theory that describes how prices are set in a market in microeconomics.
- In a competitive market, it is hypothesized that all else being equal, the unit price for a specific good or other traded goods, such as labor or liquid financial assets, will fluctuate until it settles at a stage where the quantity demanded (at the current price) will equivalent the quantity supplied (at the current price), resulting in an economical equilibrium for price and quantity transacted.
- It is the theoretical cornerstone of contemporary economics.
To learn more about supply and demand, refer to the following link:
brainly.com/question/1222851
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Answer:
Milton Friedman.
Explanation:
Milton Friedman is an American economist born on the 31st of July, 1912 in New York, United States of America. Milton is a Nobel laureate for his notable work on monetary history and theory, consumption analysis and the complexity of stabilization policy.
The idea that the mission of business is to produce goods and services at a profit, thus maximizing its contribution to society is associated with Milton Friedman.
This ultimately implies that, most business firms have a mission of producing goods and services that meets the need or requirements of the consumer, as well as generating profit to the business firm.
Answer:
A) Information asymmetry.
Explanation:
An information asymmetry can be defined as a situation where there is an imbalance of information between two parties in their knowledge of important points, factors and details. Thus, because one party has more information or knowledge than the other, this usually results in an inefficient outcome and or failure.
The theory of information asymmetry was developed and introduced by three (3) notable Nobel prize winning economists, namely; Michael Spence, George Akerlof and Joseph Stiglitz.
In this scenario, Matthew a divisional manager at Venus Inc. reports to the CEO of the company. Matthew has more employees working for him than required and he has not told the CEO about this, even though there are other departments that are in need of more employees.
<em>Hence, the concept illustrated here is an information asymmetry.</em>
