Answer:
The $9 million recovery is an example of <u>Civil Law</u>.
Explanation:
We know that civil law is a body of rules that defines and protects the private rights of citizens. It also offers legal remedies that may be sought in a dispute, and covers areas of law such as contracts, torts, property and family law.
It deals with behavior that constitutes an injury to a person or other private party, such as a corporation.
Since workers rights are violated as they using the sand on a regular basis would expose a worker to a form of cancer, and Mississippi Valley did not alert those who bought the sand about the risk.
Therefore, the $9 million recovery is an example of <u>Civil Law</u>.
Answer:
1.22%
Explanation:
The modified duration of the bond gives an indication of change in price due to a 1% change in the yield to maturity,hence, the bond modified duration is computed using the formula below:
modified duration=Macaulay Duration/(1+YTM)
Macaulay Duration=4.2
YTM(initial)=3%
modified duration=4.2/(1+3%)= 4.08
That for 1% change in yield to maturity price would change 4.08%
0.3% change in yield(3.3%-3%)= 4.08%*0.3%=1.22%
Answer:
A. the economy as a whole, such as how rapidly the economy grows
Explanation:
Economic theory is divided into two broad areas: macroeconomics and microeconomics. Macroeconomics discusses large economic aggregates, such as income, inflation, and employment variations. This is the part of science that studies the evolution of the economy as a whole. It is an approach that aims to discuss these factors and bring about improvements through economic policies. In turn, microeconomics deals with micro factors, such as the behavior of consumers and companies, including in relation to competitive structures.
Hi there,
The law of diminishing marginal utility states that the marginal utility of a good or service declines as its available supply increase.
Hope this helped :)
Have a great day
