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Nitella [24]
3 years ago
11

8. Which of the following countries is the most extreme example of a centrally-planned economy?

Business
1 answer:
larisa [96]3 years ago
6 0

Answer:

North Korea

Explanation:

I hope this helps

You might be interested in
Do you think that tax cuts increase economic growth and taxable income so much that tax revenue increases? Or do you think that
algol13

Answer:

lowering taxes raises disposable income allowing the consumer or adult to spend additional sums.

8 0
3 years ago
Which of the following statements about moneyness is least accurate? When:____.
jolli1 [7]

Answer:

The answer is C.

Explanation:

Option A is correct because a call option is in the money when the price of the underlying asset(S) is greater than the exercise price (X)

Option B is correct because a call option at the money when the price of the underlying asset(S) is equal the exercise price (X)

Option V is incorrect because a put option is in the money when the price of the exercise price(X) is greater than the underlying price (S). (X -S > 0)

3 0
4 years ago
At the beginning of the period, the Cutting Department budgeted direct labor of $136,000, direct materials of $156,000 and fixed
sammy [17]

Answer:

A

Explanation:

In this question, we will calculate the appropriate total budget for the department.

We employ a mathematical approach as follows;

direct labor =$136,000

direct material =$156,000

fixed factory overhead = $10,100

total cost will be ---- 136,000 + 156,000+ 10,100 = $302,100 (for 7,000 hrs of production)

the cost of 1 hr of production is 302,100/7,000= $43.16

so in order to extend it to 10,300 we need (10,300-7,000) = 3,300 more hrs of production

3,300 * 43.16 = 142,419

adding this to 302,100 + 142,419 = $444,519

4 0
3 years ago
A company wants to have $20,000 at the end of a ten-year period by investing a single sum now. How much needs to be invested in
SSSSS [86.1K]

Answer:

8448.22

Explanation:

We are asked to calculate the present value of 20,000 in ten years.

\frac{amount}{ {(1  + rate)}^{time} }  = present \: value

\frac{20000}{ {(1  + 0.12)}^{10} }  = 8448.22

<em>Resuming: </em>in this kind of problems we are asked for which lump sum becomes a certain amount in a given period of time at an annual rate

3 0
3 years ago
You want to buy a new sports coupe for $91,500, and the finance office at the dealership has quoted you an APR of 7.3 percent fo
Travka [436]

Answer:

Monthly payment: 1,573.20

effective rate: 7.55%

Explanation:

We need to calculate the quota of an ordinary annuity

The formula for this is as follow:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $91,500.00

time 72 months

rate 0.006083333 the APR is divide into 12 to convert to monthly rate

91500 \div \frac{1-(1+0.0060833)^{-72} }{0.0060833} = C\\

C  $ 1,573.199

The effective rate will be an annual rate equivalent to the APR compounding monthly

(1+ r)^{time} = 1+ r_e

time 12.00

rate 0.00608333333333333

1(1+ 0.00608333333333333)^{12} = 1 + r_e

1.075493 - 1 = re

re = 0.75493 = 7.55%

4 0
3 years ago
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