Answer:
checking accounts, saving accounts, certificates of deposit, and loans.
Explanation:
Answer:
Self Interest & Invisible Hand of Laissez Faire Policy
Explanation:
Adam Smith Laissez Faire Policy - suggests that free markets are the best approach for welfare maximisation of a society, based on self interest guiding best decisions by individuals, and individual wealth & welfare maximisation implies society wealth & welfare maximisation.
The Invisible Hand of free markets corrects all the discrepancies (if any), re-guides self interest forming the basis of over all social interest. Government intervention is unnecessary & distortionary as per the theory
Answer:
4.97 %
Explanation:
Data and Calculation :
PV = - $2,262.00
N = 11.00
FV = $3,855.00
P/YR = 1
PMT = $0
I/YR = ? 4.97 %
THUS,
The account earned 4.97 % per year.
Answer:
The answer is: $367,000
Explanation:
To determine Pronghorn Corporation's actual return on plan assets we can use the following formula:
return on plan assets = (year-end plan assets - beginning of the year plan assets) - (contribution to the pension fund - benefits paid)
return on plan assets = ($2,035,000 - $1,770,000) - ($116,000 - $218,000)
return on plan assets = $265,000 - (-$102,000) = $265,000 + $102,000
return on plan assets = $367,000
Answer: Answers are:<u> Imperfect information; excess supply; higher quantity.</u>
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Explanation: <u>Imperfect information</u> can lead to a situation where, even if sellers are faced with a situation of <u>excess supply</u>, they will decide not to cut prices for awhile because they know that buyers in this situation will not react by purchasing a <u>higher quantity.</u>