The correct answer is personal income.
A country’s personal income is the amount of income received by all of the country’s people in a given time period.
Answer:
I believe following three jobs would be best for you
1: University Lecturer
2: Market Researcher
3: Marketing Consultant
Explanation:
1: University Lecturer
I am very good student and have strong grip over different academic concepts, I always have stood first in my class. I always got Distinction in my college. Moreover, I am very good at giving presentation, theretofore, I definitely believe that I can perform very well in teaching at the university level.
2: Market Researcher
I am very good at conducting research. I have conducted couple of market researches like measuring brand loyalty of Pepsi, Coke and Aquafina etc. Therefore, this job would be right and good for me.
3: Marketing Consultant
I can work as an independent Marketing Consultant and provide different Marketing expertise to clients, including SEO (search engine optimization - related to google), content Marketing and mobile marketing. I am very much proficient in this field as well, so this also can be right and good job for me.
Answer:
Shoe-leather Costs.
Explanation:
In this scenario, Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday, he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value.
What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the Shoes-leather costs of inflation.
A Shoe-leather costs refers to the costs of time, energy and effort people expend to mitigate the effect of high inflation on the depreciative purchasing power of money by frequently visiting depository financial institutions in order to minimize inflation tax they pay on holding cash.
Metaphorically, it ultimately implies that in order to protect the value of money or assets, some people wear out the sole of their shoes by going to financial institutions more frequently to make deposits.
Hence, Bob is practicing a shoe-leather cost of inflation so as to reduce the nominal interest rates.
Answer:
$28.57
Explanation:
Current price = D1/(Required return-Growth rate)
D1 (Next dividend) = $2
Required return = 10% = 0.1
Growth rate = 3% = 0.03
Current price = $2/(0.1-0.03)
Current price = $2 / 0.07
Current price = $28.57143
Current price = $28.57
Hence, i will be willing to pay $28.57 for a share of Merck stock.
I'm not a mathematician but I'm going to go out on a limb here and say 44%!
