I believe it’s all of the above
The benefit in reaching the absolute advantage in the production of one good to produce more units of a good than other countries. Option A is correct.
<h3>What is the absolute advantage?</h3>
The ability of a party to produce a good or service more efficiently than its rivals is the foundation of the principle of absolute advantage. This idea or principle was first introduced in 1776 while covering international trade and using labor as the sole input.
Therefore, option A is correct.
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Answer:
c. Tenancy by the entirety
Explanation:
Based on the information provided within the question it can be said that in this scenario the best account recommendation would be a Tenancy by the entirety. This is an account in which each spouse in a marriage has an equal and undivided interest in the account and approval from both parties is needed to empty out the account.
The answer is A.
CD(<span>Certificate of Deposit)</span> is similar to a saving account, but it has additional perks. There is a minimum amount of money you have to deposit and you have to deposit that money for a certain amount of time (term). CDs have better interest rate than savings accounts, but if you withdraw your money before the term you pay penalties.
This makes them a good option for people have some extra money that they won't need in a near future.
Answer: a. 0.042 b. 0.086 c. 0.00692
Explanation:
NOTE: Convert months to years. So 24 months = 2 years.
a. Six months
Months to year conversion gives: 6months/24months as 1/4 years
= (1 + 18%)^ 1/4 — 1 x 100%
= 1.042 — 1
= 0.042
Equivalent Discount Rate = 0.042
b. One year
12months/24months as 1/2 years
= (1 + 18%)^1/2 — 1 x 100%
= 0.086
Equivalent Discount Rate = 0.086
c. 1 month
1month/24months as 1/24 years
= (1 + 18%)^1/24 — 1 x 100%
= 0.00692