Distribution channel is how you products to consumers.
Contemporary governments promote development by establishing a currency that's tradable in world markets.
The real interest rate would be 5%.
You are getting 8% interest and losing 3% due to inflation= 5%
Answer:
d.The face value is below the equilibrium price because the rate in the secondary market exceeds the face value.
Explanation:
Equillibrumnprice is defined as the price at which a buyer is willing to buy and a seller is willing to sell a product.
The buyer is willing to buy the ticket at $457 and the reseller also wants to sell at that price, so this is the equillibrum price.
The face value is $259 so it is less than the equillibrum price.
The rate in the secondary market is determining equillibrum price in this case.
Answer: why did u delete my answer
Explanation:
