Answer:
A. 0.24
Explanation:
From the question ,
The probability that mutual funds A will rise is 40 % , i.e. , P ( A ) = 0.40
The second statement given is , the probability of rise in B with A , is 60% , i.e. , P ( B | A ) = 0.6
Therefore , to calculate the probability that both funds will increase is given by P( B n A ) .
Since ,
P ( B | A ) = P (B n A) / P(A)
Now, putting the respective values -
0.6 = P(B n A) / 0.4
rearranging ,
P (B n A) = 0.6 * 0.4
P(B n A) = 0.24
probability that both the fund A and fund B will rise in price = 0.24 .
Answer:
C. Gatsby shows Nick a medal from Montenegro
Explanation:
Nick went for a lunch with Gatsby wherein the latter recounts his story on drive, which is hard for Nick to believe.
To substantiate his narration and to take Nick into confidence, Gatsby hands over to Nick, various articles such as his old university days photograph, the medal he won at Montenegro.
The latter i.e the medal convinces Nick that Gatsby might have told the truth about his background, in the story he just narrated.
The statement is False. Unlike the economic system of a country, the legal system is not influenced by the prevailing political system.
Free market, command, and mixed economies are the three primary types. The chart that follows contrasts command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course.
A common law system has the advantage of allowing you to be certain of the outcome of your case if a similar case has already been heard. The disadvantage is that if you have a unique circumstance, a court might easily create a new law and apply it to your situation.
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Answer:
Tax law uncertainty.
Explanation:
The “Tax law uncertainty” is the correct answer because it can be seen in the question that Congress has disallowed the deductions for advertisement in the future tax years. Since the decisions that the government takes are confidential and only a few people are aware of the decisions before its formal announcement. So the same case is here, Jolsen had a contract of $375000 annually and it will estimate that after obtaining the tax deduction, the advertisement cost will be lower. But the changes in the tax laws result in underestimated after-tax cost by Jolsen.
