Answer:
A. Lost $100
Explanation:
Short position refers to a trading technique which involves selling the currency for it to buy later and make a profit.
To calculate the loss if you don't have a forward contract:
Your loss will be
= €1,000 x ($1.50/€ - $1.60/€)
= $100
While the federal tax device tends to limit inequality, kingdom and local taxes tend to amplify it.
The bottom 20% of households pay 11.4% of their incomes in state and neighborhood taxes, whilst the top 1% pay simply 7.4%. About a 0.33 of taxes that Americans pay are truely going to country and nearby governments.
<h3>How can the authorities decrease income inequality?</h3>
Income inequality can be decreased directly by means of lowering the incomes of the richest or through growing the incomes of the poorest. Policies focusing on the latter include growing employment or wages and transferring income.
<h3>How does profits inequality have an effect on the economy?</h3>
Economic stability
A variety of economists have argued that inequality leads to monetary instability. One mechanism by using which this takes place is that the prosperous devour a smaller proportion of their earnings than the poor. They keep money which people on decrease incomes would spend.
Learn more about income inequality here:
<h3>
brainly.com/question/24143597</h3><h3 /><h3>#SPJ4</h3>
With a recession, classical theorists recommend that government reduce spending and raise taxes if necessary to balance the budget. In classical economic theory, government spending is not a major concern but consumer spending and business investments which they believe will create a long-term solution for the economy.
I believe the answer is: Variable Universal Life
Variable Universal Life is considered as a long-term policy because the clause could only be activated if the policy holder is deceased.
This type of insurance usually would separate the death policies account with the investment account in order to offer more flexibility for the holder.
Answer:
c. dairy farming
Explanation:
Free entry can be defined as the situation in which business firms such as sellers of goods or service providers can enter into the market freely and start selling to consumers.
This ultimately implies that, there are no legal barriers or just a minimum barrier, if any for new firms starting the same business as others.
Hence, dairy farming is the industry which is most likely to exhibit the characteristic of free entry.
A diary farming is one of such industries that allows new agents to come into the business without any barrier because it simply involves the production of essential commodities such as milk, beef etc which are usually required on a large scale in an economy.