Answer: Actual state
Explanation: In simple words, The actual state refers to the way in which a rational consumer actually satisfies his or her needs and wants.
In the given case, Bessie is sure that she has the same product left at home however she does not have any proof. Bessie decides to not purchase the good she already has one, thus, despite of not having a proof she decides to satisfy her wants by not purchasing the bottle.
Hence the correct option is C .
Answer:
B. giving loans
Explanation:
The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.
The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.
Answer:
The student invests $60 each month and the interest rate is 6%. The interest rate is compounded monthly so we will take the interest rate as 0.5% (6/12).
The number of periods will be 420 (35*12) as the payments are made every month.
The present value is 0 as he is not making any investment at the start.
We need to find the future value of these payments, and for that we need to put these values in a financial calculator
PV= 0
PMT= 60
I= 0.5
N=420
Compute FV
FV=85,482
The total accumulated amount in the students annuity will be $85,482.
Explanation:
Answer:
B, A
Explanation:
A: 16% = 1.0F + 6%; F = 10%; B: 12% = 0.8F + 6%: F = 7.5%; thus, short B and take a long position in A.
