Answer:
The correct answer is C.
Explanation:
Giving the following information:
Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be 8 years later?
We need to use the following formula:
FV= PV*(1+i)^n
FV= 525*(1+0.075)^8
FV= $936.33
Answer:
The correct answer is option D.
Explanation:
The income and interest rates are inversely or negatively related in the goods market.
An increase in interest rate would lead to increase in the cost of borrowing.As a result the capital investment will fall. This would further contribute in a decline in the production. This ultimately causes income level to decline.
In the money market though equilibrium levels of income and interest rate are positively related.
The equilibrium in the money market is determined by the intersection of demand for money curve and supply of money curve.
The demand for money depends on transactionary and precautionary motives. When there is an increase in income, the transactionary demand for money will increase as people will spend more. The increase in demand would cause the interest rate to rise.
In this way, income and interest rate arepositively related in the money market.
Answer: Yes I do.
Explanation:
The 1950s were a time of great fear to people in the developed world. They feared that as the Cold War was just beginning, there were being watched by foreign powers and that they couldn't trust a lot of people because they didn't know who was who. Especially in America where the fear of Communism gripped the nation. They did not know if certain adverts were Communist Propaganda and they feared that sometimes the information government's had about them was used to Target them.
This fear is still quite evident today. Take the 2016 Election rumours for instance. Certain Social media platforms claimed that foreign powers used their sites to advertise the President and get him elected. The ease by which this was accepted showed that people do indeed still have fear advertising.
Answer:
Bellisima's opportunity cost to produce 1 bushel of corn = 2 pairs of jeans
Explanation:
Bellisima uses 1 million hours of labor to produce corn and 3 million hours of labor to produce jeans. Produces 8 million bushels of corn and 48 million pairs of jeans.
- Production of corn per million hours of labor = 8 / 1 = 8 bushels of corn
- Production of jeans per million hours of labor = 48 / 3 = 16 pairs of jeans
Felicidad uses 3 million hours of labor to produce corn and 1 million hours of labor to produce jeans. Produces 15 million bushels of corn and 20 million pairs of jeans.
- Production of corn per million hours of labor = 15 / 3 = 5 bushels of corn
- Production of jeans per million hours of labor = 20 / 1 = 20 pairs of jeans
The opportunity cost refers to the extra costs or benefits lost form choosing one activity or investment over another alternative.
- Bellisima's opportunity cost to produce 1 bushel of corn = 16 pairs of jeans / 8 bushels of corn = 2 pairs of jean per bushel of corn.
- Bellisima's opportunity cost to produce 1 pair of jeans = 8 bushels of corn / 16 pairs of jeans = 0.5 bushels of corn per pair of jean.
- Felicidad's opportunity cost to produce 1 bushel of corn = 20 pairs of jeans / 5 bushels of corn = 4 pairs of jean per bushel of corn.
- Felicidad's opportunity cost to produce 1 pair of jeans = 5 bushels of corn / 20 pairs of jeans = 0.25 bushels of corn per pair of jean.
The Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.
<h3>
What is a mutual fund?</h3>
A kind of financial vehicle in which assets from shareholders are pooled to invest in different securities like bonds, stocks, and many more. It is maintained or held by individuals or small investors.
For a smart investment, a fund holder has a manager, who is named as an investment adviser. This adviser works for the mutual fund shareholder. It is the adviser's responsibility to monitor market trends and advise the investor or holder on where and how much to invest.
Therefore, Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.
Learn more about mutual funds from here:
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