Answer:
Compound interest is better.
Explanation:
When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield. That's the annual rate of return or the annual cost of borrowing money.
Answer:
The question is incomplete.
Choose from the following;
a. variable costs; constant returns to scale
b. fixed costs; opportunity costs
c. fixed costs; technological changes
d. variable costs; diminishing marginal returns
The answer is d. variable costs; diminishing marginal returns
Explanation:
When producers intentionally or unintentionally pass some of the costs of production onto the community, the good is over-allocated, causing negative externalities to occur.
<h3>What does negative externality mean?</h3>
Negative externality means that the cost of production is greater than the benefits to third parties not involved in production of the goods or services. Goods that generate negative externality are overproduced. An example of an activity that generates negative externality is pollution.
Activities that generate negative externality can be taxed. This would increase the cost of production and discourage overproduction.
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The question is incomplete. The complete question is :
The Jackson family is undecided about whether or not to buy a new car. If the probability is .9 that they will buy one, and if the probability is .3 that they will buy a Ford, and if the probability is .4 that they will purchase a car getting more than 20 miles per gallon, what is the probability that they will buy either a car getting more than 20 miles per gallon or a Ford, if all Fords get more than 20 miles per gallon?
Solution :
Given that :
The probability of buying a new car, 
Probability of buying Ford = 0.3
That is, if Jackson family buy a car that is a ford car, 
= 0.27
The probability for getting more than 20 miles per gallon = 0.4
That is if Jackson family buy a car that have more than 20 miles per gallon mileage, 
The conditions
All of the car have more than 20 miles per gallon mileage.
It means that buying a ford car is subset of getting more than 20 miles per gallon.
Therefore, the probability of buying a car either getting more than 20 miles per gallon or ford = 
Therefore,
= 0.36
Thus the probability that Jackson family is buying a car either getting more than 20 miles per gallon or ford is 0.36
The parts of the federal government that played a major role in stabilizing the nation after the Great Recession were:
- The President
- Congress
- The Fed
President Obama instituted several Executive Orders aimed at helping the economy and also proposed laws to Congress as well that would help the economy.
Congress passed several laws that increased federal government intervention and made the financial system more secure to help the nation stabilize after 2008.
The Federal Reserve engaged in an aggressive expansionary monetary policy that saw more money pumped into the economy such that the economy was able to rebound.
In conclusion, several federal bodies did what they could to help the nation stabilize after the Great Recession.
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