The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.
Answer: PLease see answer below
Explanation:
Date Account title and explanation Debit Credit
Dec 31 Interest receivable $168
2021 Interest revenue $168
Calculation
Interest =Principal x time x rate
= 7,200 x 8% x 3.5 /12(15th september to 31st December)
=$168
Answer:
Ask your question <u>properly</u>
<u>and </u><u>also </u><u>follow </u><u>me </u>
Aldi!!! Personal preference due to the organization.
The price elasticity of the bond, based on the years to maturity and the required rate of return is -0.494
<h3>How to find the price elasticity of he bond?</h3><h3 />
First, find the new price of the bond:
= 1, 000 / ( 1 + 15%)⁵
= $497
The change in price:
= (497 - 567) / 567
= -12.3%
Then find the percentage change in the required rate of return:
= (15 - 12%) / 12
= 25%
The price elasticity of the bond is:
= -12.3% / 25%
= -0.494
Find out more on price elasticity at brainly.com/question/5078326
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