The answer that best fits the blank provided above is the term AGENTS. Agents are different from merchant wholesalers in terms of possession of the goods. What agents do is the facilitation of the process of the distribution of goods and they do not have any goods on hand.
Answer:
. the waste of resources used to maintain lower money holdings.
Explanation:
The shoeleather cost of inflation refers to the cost of trying to negate the effects of inflation by trying to economise their money holdings.
Inflation is a persistent rise in general price levels.
I hope my answer helps you
Answer:
a) Seizing the farms from his political rivals, and giving them to his friends, even when they do not know about farming, will result in less economic growth, because the human capital employed in farming is now of less quality. If things turn sour, a famine could even result (there have been many examples of this kind of situation throughout history).
b) This kind of red-tape will result in less economic growth, because investments that could have been made during the current year, will be postponed at least one year due to the bureaucracy.
c) The government of Tempestia is improving the judiciary, granting it independence and credibility. This will result in more economic growth because now both citizens, and international investors have more confidence in the country, since they feel that their property rights will be enforced, giving them an incentive to invest and take risks.
d) This kind of protectionist policies will likely result in less economic growth because the lack of international trade makes things more expensive for consumers, keeping their incomes from growing, and also because protectionism leads to the misallocation of resources by keeping afloat inefficient economic sectors that under a free trade system would otherwise collapse to give way to more efficient sectors.
Answer:
11.87%
(12% to the nearest whole percentage)
Explanation:
From the perspective of time value of money,we understand that the value of stock after 3 years is the future value while the initial amount at which it was bought is the present value, on that premise,we can determine the annual rate of return using the formula below which shows the relates future and present values together:
FV=PV*(1+r)^n
FV=future value=$70
PV=present value=$50
r=annual rate of return which is unknown
n=investment timing horizon=3
70=50*(1+r)^3
70/50=(1+r)^3
divide indices on both sides by 3
(70/50)^(1/3)=1+r
r=(70/50)^(1/3)-1
r=11.87%
Answer:
$100,000
Explanation:
According to the internal revenue service ''<u>In most situations, the basis of an asset is its cost to you.</u> <u>The cost is the amount you pay for it in cash</u>, debt obligations, and other property or services. Cost includes sales tax and other <u>expenses connected with the purchase</u>.''
Therefore Sebastian's basis in these two assets is unconnected with the fair market value of the assets but with the cost.
Purchased Equipment is always recorded at its acquisition cost or its net book value, that is after deducting the accumulated depreciation
. In the scenario we have no depreciation figures, hence the basis is the cost of $100,000