Answer:
The correct answer is option c.
Explanation:
If the restrictions on working hours are removed such that keeping other factors constant, the total number of hours worked increases. This will cause the total output to increase.
But the workers will not be able to work efficiently for longer hours. This will cause productivity to decline.
This happens because working for long hours will make the workers tired. Their health is negatively impacted so their productivity will decline.
Answer:Bank B
Explanation:
Subordinate loan is a loan taken with a mortgage property, while the mortgagee takes first right on the property in case of defaults by mortgagor, the subordinate loan lender gets less piority to the mortgagee on default of the mortgagor.
In the above scenario Bank A is the mortgagee while Bank B entered into a subordinate loan. On the refinancing of the mortgage by Bank C it has taken the position of the mortgagee, while Bank B still holds the subordinate loan.
Eco is most likely liable for FRAUD.
In contract law, misrepresentation refers to a false statement or fact made by one of the contract party to the other party which has the effect of inducing the other party into the contract. Misrepresentation is considered to be a fraudulent act.<span />
Answer:
- How much should be invested in each type of investment in order to maximize the return?
Invest Value Invested
Gov Bonds $40,000
Mutual F $40,000
Market F -
TOTAL $80,000
- What is the maximum return in the first year?
Invest Expected Ret. Portfolio
Gov Bonds 4,0%
Mutual F 7,0%
Market F 0,0%
TOTAL 11,0%
Explanation:
The investor's policy requires that the total amount invested in mutual and money market funds not exceed the amount invested in government bonds.
As Mutual Funds have the higher returns, it means that it's necessary to invest as much as we can in these financial instruments.
If there is no requirement of invest something in the market funds, then to maximize yield, the best option is to invest 50/50 between Government Bonds and Mutual Funds.
