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netineya [11]
3 years ago
15

___________ incorporation is defined as extending protections from the Bill of Rights to the state governments, one right at a t

ime.
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

Selective incorporation is defined as extending protections from the Bill of Rights to the state governments, one right at a time.

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On January 1, 2012, Albert invested $6,000 at 8 percent interest per year for three years. The CPI (times 100) on January 1, 201
qaws [65]

Answer:

Inflation in 2012:

=\frac{CPI\ 2013 - CPI\ 2012}{CPI\ 2012}

=\frac{110 - 100}{100}

= 10%

Inflation in 2013:

=\frac{CPI\ 2014 - CPI\ 2013}{CPI\ 2013}

=\frac{120 - 110}{110}

= 9.09%

Inflation in 2014:

=\frac{CPI\ 2015 - CPI\ 2014}{CPI\ 2014}

=\frac{126 - 120}{120}

= 5%

Real rate of interest = Nominal - inflation

Given that,

Nominal rate = 8%

Therefore,

Real interest rate is as follows:

2012:

= 8% - 10%

= -2%

2013:

= 8% - 9.09%

= -1.09%

2014:

= 8% - 5%

= 3%

$6000 at 8% grows to:

= 1000 × 1.08

= $6,480 in one year

which is invested again to grow to $6,998.4 in two years

which is invested again to grow to $7,558.272 in three years

so,

Total gain:

=\frac{7,558.272-6,000}{6000}\times100

= 25.9712%

The price level increases in three years by:

=\frac{CPI\ 2015 - CPI\ 2012}{CPI\ 2012}\times 100

=\frac{126 - 100}{100}\times 100

= 26%

So,

Total real rate of return:

= Total gain - Percentage increase in prices

= 25.9712 - 26

= -0.0288%

5 0
3 years ago
Interstate 4 (i-4) and state road 408 are two major highways that affect traffic flows in orlando. motorists are not required to
Alexus [3.1K]
If at a given time of the day, the state road 408 is higly congested, then it could be considered to possess the properties of a COMMON PROPERTY GOOD.
There are four types of economic goods, these are: public goods, private goods, common property goods and club good.
Common properties goods are those goods which are characterised by rival consumption and non exclusion of non payers. Rival consumption implies that consumption by a user imposes limitations on what others can consume, but a user can not stop another user from enjoying the good. Common property goods are equally owned by everyone  and are not controlled by anyone in particular, thus these goods usually need government intervention.
3 0
3 years ago
By the fourth quarter of 2015, U.S. households had accumulated $12.5 trillion in housing equity, which represents about 14 perce
Sloan [31]

Answer:

correct option is d. two-thirds

Explanation:

given data

accumulated =  $12.5 trillion

net worth = 14 percent

solution

here as per  statistical data of 4th quarter in year 2015,

that required holding is two third of having home.

and Accumulated equity indicate the demand for housing in the country

so here 1 - \frac{2}{3} =  \frac{1}{3} rd left out

it is assumed that they should get home at the beginning of 2015 (in the 1st quarter)

so correct option is  d. two-thirds

7 0
3 years ago
Suppose the current market price of corn is $3.75 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3
Aleks04 [339]

Answer:

At 1.783 or more, the conversion yield better gain than sales the corn

Explanation:

The ethanol conversion become attractive if the cost for doing the conversion are lower than the sale revenue for the product.

<u>total cost: raw materials + conversion cost</u>

corn price:           $  3.75

conversion cost:  $  1.60

Total cost:            $  5.35

<u>output: gallon of ethanol per bushel</u>

3 gallons of ethanol per bushel

total cost / output = 5.35/3 = 1.783 cost per gallon

5 0
4 years ago
Because successive units of a good produce less and less additional satisfaction, the price must fall to encourage a buyer to pu
lubasha [3.4K]

Answer:

B) diminishing marginal utility

Explanation:

The law of Diminishing marginal utility states that utility falls as consumption increases.

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Because of diminishing marginal utility, consumption can be encouraged by reducing price.

As utility falls, consumers would be unwilling to buy more goods at the same price, therefore it would be reasonable to reduce price to encourage consumption.

6 0
3 years ago
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