Answer:
C. Money in the bank
Explanation:
A "liquid asset" is related to an <em>asset</em> that can be quickly turned into cash. Among the choices above, it is only<em> "money in the bank"</em> that is readily available in cash. Inventory, real estate and a piece of equipment may only be converted to cash<em> if they're sold to other people in exchange of cash.</em> Sometimes, it takes a long time to sell these items and with that being said, they're not readily available.
Answer:
The correct answer is option b.
Explanation:
The price elasticity of supply shows the impact of change in price level on the quantity demanded of the good.
It is calculated by the ratio of percentage change in quantity supplied to percentage change in price level.
The percentage change in price level is= 15%
The percentage change in quantity supplied is= 20%
The price elasticity of supply will be
=% change in quantity/% change in price
=20%/15%
=1.33
Since, the elasticity is higher than 1 it means supply is elastic.
So, option b is the correct answer here.
Answer:
$15.625
Explanation:
The computation of the no-arbitrage U.S. price of one ADR is shown below:
= Euro U.S. dollar spot exchange rate × closing price per share × number of shares
= €.625 × €5 per share × 5 shares
= $15.625
Simply we multiply the Euro U.S. dollar spot exchange rate with the closing price per share and the number of shares so that the correct price of one ADR can be come
Answer:
B)a deficit of $1.5 trillion
Explanation:
The computation of the government budget balance is shown below:
= Taxes - government spending
= $0.5 trillion - $2 trillion
= $1.5 trillion deficit
For computing the government budget balance, we deduct the government spending from the taxes so that the correct amount can come
All other information which is given is not relevant. Hence, ignored it
