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3 years ago

10

Which of these is a characteristic of a pure command economy?

1 answer:

Vika [28.1K]3 years ago

3 0

Answer:

The correct answer is letter "B": All businesses are owned by the state.

Explanation:

A Pure Command Economy is one where <em>the government controls all he economy</em>, functions as the central planner, determines production quotas and rates of distribution, and sets prices. There are such economies in communist or socialist states like China, North Korea, and Cuba.

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When will diversity affect the workplace?

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It already does affect the workplace.

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What is an amount of money multiplied by the interest rate and the amount of time that the money will be earning interest? Prese

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You have just made your first $5,837 contribution to your retirement account. Assume you earn a return of 9.8 percent per year a

Dmitrij [34]

25,741.17
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3 years ago

Suppose that we observe two comparable properties that have each sold twice within the past four years. Property A sold 24 month

Elina [12.6K]

Answer:

0.475% per month

Explanation:

value of property A 24 months ago = $500,000

current value of property A = $425,000

total decrease in value = $500,000 - $425,000 = $75,000 or 15%

monthly % decrease:

1.15 = (1 + r)²⁴

²⁴√1.15 = (1 + r)

1.0058 = 1 + r

r = 0.00584 = 0.58% decrease per month

value of property B 48 months ago = $575,000

current value of property A = $465,000

total decrease in value = $575,000 - $465,000 = $110,000 or 19.13%

monthly % decrease:

1.1913= (1 + r)⁴⁸

⁴⁸√1.1913 = (1 + r)

1.0037 = 1 + r

r = 0.0037 = 0.37% decrease per month

if both properties are weighted equally, then the market decrease per month = (0.58% x 1/2) + (0.37% x 1/2) = 0.475% per month

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3 years ago

You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend co

butalik [34]

Answer:

You must deposit "$74,806.25" today.

Explanation:

The given values are:

Periodic payment,

P = $10,300

Rate of interest,

r = $\frac{4.4 \ percent}{2}$

= $2.2 \ percent$

Number of periods,

n = $4\times 2$

= $8$

Now,

The PV of annuity will be:

= $\frac{P\times [1 - (1 + r)^{-n}]}{r}$

On substituting the given values, we get

= $\frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}$

= $\frac{1,645.73}{2.2 \ percent}$

= $74,806.25$ ($)

8 0

2 years ago