Amount of the initial investment to find the increase expressed as a rate. For example, to figure how long it takes $16,000 to grow to $24,000, divide $24,000 by $16,000 to get 1.5.
Answer:
in the latter, foreign savings complement domestic savings in financing investment spending
Explanation:
In a closed economy, the country does not permit trade with other economies. The nation considers itself self-sufficient hence, it does not require to import or export any goods or services. All products and services produced within the economy are consumed within the boundaries of the country.
An open economy is the contrast of a closed economy. The country will allow international trade. Goods and services produced in foreign countries will be imported and consumed locally. In an open economy, foreigners are permitted to invest locally.
Answer:
b. $42,600
Explanation:
First, we calculate the total cost of college:
Now, we calculate the net income she would receive, if she didn't go to the college:
Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.
The competitiveness of a good usually depends on two key factors: its price, and its quality. While poor quality goods are less competitive from a quality perspective but poor quality goods are usually cheaper to produce resulting to a lower final price. So overall, the lower the cost and the higher the quality the more competitive a good is.
Answer:
Index.
Explanation:
Mutual funds are a type of investment that takes money from many investors and uses it to make investments based on a stated investment objective.
An index fund is a type of mutual fund with a portfolio constructed to match or track the components of the market index. These are mutual funds whose holdings aim to track the performance of a specific stock market index. Index funds also track bonds, real estate, and other types of assets. These funds are lower cost than other types of funds.
