Answer:
C. Increased food production has supported larger workforces in the manufacturing and service sectors.
Explanation:
I received a 90% on this test, and it seems the most feasible option.
Every other answer for the test is in the .txt file attached to this answer :)
DATE ANSWERED: 5/12/2021
Probably because it would cause chaos in the area on what to do for a solution.
Answer: Risk free rate = 1.9%
Explanation:
The Capital Asset Pricing Model allows for the calculation of the required return using the market return, beta and risk free rate.
Required return = Risk free rate + Beta * ( Market return - Risk free rate)
First find the market rate. Stock Y is uniquely positioned to help with that:
12.4% = Risk free rate + 1.0 * (Market return - Risk free rate)
12.4% = rf + Market return - rf
Market return = 12.4%
Apply this to the formula using Stock Z:
8.2% = rf + 0.6 * (12.4% - rf)
8.2% = rf + 7.44% - 0.6rf
rf - 0.6rf = 8.2% - 7.44%
0.4rf = 0.76%
rf = 0.76% / 0.4
Risk free rate = 1.9%
Answer:
High taxes and few services.
Explanation:
High taxes and few services is not an effect of the culture of poverty, but of the mismanagement of a government's fiscal resources. Thus, the high amount or value of taxes paid by citizens, combined with little or poor provision of public services, is a clear sign that the government, at the very least, is using public funds improperly, not even to mention possible cases of corruption and embezzlement of public funds.
