Answer:
Group think bias
Explanation:
Groupthink bias occurs when people believe in something because other people believe in it. It is when everyone comes to the same conclusion concerning a matter.
In the meeting everyone agreed with the CEO, this is an instance of groupthink.
Anchoring bias is when a person's decision is overly anchored on an initial information given when making a decision.
Confirmation bias is when a person arrives at a conclusion in line with their beliefs.
Availability bias is basing decisions on past instances that comes to mind when making the decision.
Hindsight bias occurs when people over estimate their abilities to predict how an event would have turned out in hindsight.
Answer:
85.84
Explanation:
•At a 1000 par value, 8%, the coupon
will be 80 (1000*0.08).
•It is also compounded quaterly = 80/4 = 20 per quarter.
•Nominal interest rate= 6%, = 1.5% per quater.
•Face value = 1000
•Since it is cimpounded quaterly, n = 5years*4 = 20
To find the redemption value at the end of five years, we need to first find the present value of the bond.
= 20/(1+0.015)+ 20/(1+0.015)² + 20/(1+0.015)³+20/(1+0.015)⁴..............+20(1+0.015)^20
= 1085.84
Therefore the redemption value after five years will be:
Present value - face value
1085.84-1000 = 85.84
Answer:
E.
Explanation:
Environmental Factors:
-Socio-cultural Factor
-Economical Factor
-Demographical Factor
-Technological Factor
The term "socio-cultural environment" describe the beliefs, values, attitudes,
opinions, and lifestyles of persons in the firm’s external environment as developed from cultural, demographic, religious, educational and ethnic conditioning.
Examples: Lifestyle changes, career expectations, age distribution, regional shifts in population, birth rates, life expectancies, growth rate in population, consumer activism, rate of family formation.
Is used in business or marketing to describe an environment composed of values and behaviours. These elements decide, to a large extent, “what the people will consume and how they will buy”. A socio-cultural environment is a population, and it is described with special attention paid to social and cultural factors.
The money demand curve shifts to the right, as people demand more money for transactions purposes. According to graph 1.1, the demand for money will increase during the festive (Christmas) season.
MD would shift right, MS would remain unchanged and nominal int rates would rise
During the Christmas shopping season, the demand for money increases significantly. To offset the increase in money demand, the Fed must increase the money supply, which will put downward pressure on nominal interest rates.
During the Christmas shopping season, the demand for money increases significantly. If the Fed takes no actions to offset the increase in money demand, then nominal interest rates will:
increase.
Answer:
The amount of George's net pay is $568.8 per week.
Explanation:
Because George's yearly pay is under the limit for OASDI, he don't bear the income tax either.
Rate Amount
Gross pay $800.0
Personal deduction 15% $120.0
Medical insurance deduction $50.0
FICA Social Security 6.20% $49.6
FICA Medicare 1.45% $11.6
Income Before Tax $568.8
Taxation 0% $0
Net Pay $568.8