The government has total control in a command economy, all production, investment, prices and incomes are determined by the government. A command economy is also known as a communist society because business owners do not have any control over their businesses. In a command economy, there are risks/disadvantages of running operations this way because there is a lack of competition and efficiency. When the government controls everything, there is less competition because pricing is set by the government. There is also less efficiency due to them waiting on the government to make their decisions.
Answer:
The answer is SDA Corp stocks alpha is -1.75%
Explanation:
CAPM E(
) = 10 + 1.25(17 - 10) =
= 10 + 1.25(7)=
= 10 + 8.75
= 18.75%
= 17 - 18.75
= -1.75%
Answer:
True
Explanation:
In nominal dollars, China is currently the second largest economy in the world and India is the fifth largest. They are both considered developing nations since the GDP per capita is still low compared to other countries, China's GDP per capita = $10,100 and India's GDP per capita = $2,170. Even though their economies are large, their populations are even larger, both countries have around 1.3 billion people living in them.
If we use the purchasing power parity (PPP) their numbers are a little better, with Chinese economy being number one in the world with $27.31 trillion compared to the US's $21.44 trillion. The US is the only country whose PPP equals its nominal GDP since the American economy is used as the base economy for PPP calculations.
Both China's and India's economic growth rates are also higher than most developed nations, 5.8% for China and 7.5% for India.
Answer:
the revenue variance is $1,990 unfavorable
Explanation:
The computation of the revenue variance is shown below:
Revenue variance
= Flexible revenue - actual revenue
= (2140 × $44.50) - $93,240
= $1,990 Unfavorable
hence, the revenue variance is $1,990 unfavorable
