Answer:
Comparative advantage.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." Also, the principle of comparative advantage states that, nations (countries) can become better off than their contemporaries through the process of specializing in what they know how to produce or do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
In general, individuals and nations should specialize in producing those goods for which they have a comparative advantage.
Answer:
price of preferred stock = $465.65
Explanation:
given data
annual dividend = $18
return = 3.2 percent = 0.032
solution
we know prefer stock price is express as
prefer stock price Vp = 
here Vp is value of preference share and d is constant dividend and Kp is rate
so
prefer stock in 6th year will be = 
= $562.50
so that price of preferred stock today = 
price of preferred stock = 
price of preferred stock = $465.65
Answer:
It will take 6 whole years to be able to withdraw all the money
Explanation:
To calculate the number of years it will take for the present value in your account to reach the future value we can adopt the expression below;
FV = PV (1 + r/n)^(nt)
where;
FV = the future value of the initial investment
PV = Present value of the initial investment
r = the annual interest rate
n = the number of times that interest is compounded per unit t
t = the time the money is invested for
In our case;
FV=$6,600
PV=$4,400
r=8/100=0.08
n=interest is compounded annually which is once a year=1
t=unknown
Replacing values in the formula;
6,600=4,400(1+0.08/1)^(1×t)
6,600=4,400(1+0.08)^t
6,600=4,400(1.08)^t
1.08^t=6,600/4,400
1.08^t=1.5
ln 1.08^t=ln 1.5
t×ln 1.08=ln 1.5
t=(ln 1.5)/ln 1.08
t=5.3 years
It will take 6 whole years to be able to withdraw all the money
Answer:
The correct answer is True.
Explanation:
Sometimes more than one institution regulates and supervises the credit market (of banks and other credit institutions). For example, US banking It is regulated by a large number of institutions, because it distinguishes between different types of credit institutions, and because there are regulations both at the state and federal levels. Thus, among others are the Federal Reserve System (Fed), the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision.
In addition, there are also associations of financial regulatory authorities. In the European Union, there are the European Committee of Securities Regulators (CERV), the Committee of European Banking Supervisors (CESB) and the European Committee of Insurance and Pension Funds Supervisors (CESPJ), which are level 3 committees of the European Union in the Lamfalussy process. And, worldwide, there is the International Organization of Securities Commissions (UCITS).
