The life cycle hypothesis (LCH) and the Keynes absolute income hypothesis (KAIH) are two notable theories that have tried to explain the patterns of saving and consumption over time. While both the theories are related to the income-consumption relationship, there are significant differences in their approach, assumptions, and conclusions.
Life Cycle Hypothesis
The Life Cycle Hypothesis suggests that individuals aim to maintain a stable pattern of consumption throughout their lifetime. This is done through managing their savings, which can help them maintain their current consumption level even when they retire.
The LCH states that individuals choose to save or dissave money in anticipation of their future income needs. In other words, people will save when they are young, accumulate wealth, and then dissave when they retire.
Keynes Absolute Income Hypothesis
The Keynes absolute income hypothesis (KAIH) suggests that people spend their entire income. Keynes theory states that consumption is determined by current income, rather than future income.
In conclusion, both the LCH and KAIH have their own strengths and weaknesses in explaining the relationship between saving and consumption patterns. While the LCH highlights the importance of lifetime saving, the KAIH emphasizes the importance of current income in determining consumption. Understanding the differences between these theories can provide policymakers with insights into how to stimulate economic growth and encourage saving and consumption.
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FILL THE BLANK. a condition characterized by a continual rise in prices for goods and services is termed ______.
A condition characterized by a continual rise in prices for goods and services is termed inflation.
Inflation refers to the persistent increase in the general price level of goods and services over time. It is typically measured by tracking changes in an inflation index, such as the Consumer Price Index (CPI) or the Producer Price Index (PPI).
When inflation occurs, the purchasing power of a currency decreases as it takes more units of currency to buy the same amount of goods or services. This erodes the value of money and affects consumers' ability to afford goods and services.
Inflation can be caused by various factors, including increases in production costs, changes in consumer demand, expansionary monetary policies, or supply shocks. It is an important economic indicator and has implications for businesses, individuals, and policymakers.
Central banks and governments closely monitor and manage inflation to maintain price stability and sustainable economic growth. They use monetary and fiscal policies to influence inflation rates and aim to strike a balance between economic growth and price stability.
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Stephenson, a corporate executive, earns a salary of $500,000 per year. in addition, stephenson owns and participates in a separate business. the business produces a loss of $75,000 during the year. if stephenson materially participates in the business, the $75,000 loss is an active loss that may offset stephenson's active income from the corporate employer.
Yes, if Stephenson materially participates in the business, the $75,000 loss is an active loss that may offset Stephenson's active income from the corporate employer.
This means that Stephenson's taxable income from the corporate employer can be reduced by the amount of the business loss. This can result in a lower overall tax liability for Stephenson.
The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability. In general, you owe taxes when you earn money or make gains off of the sale of an investment or other item.
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Question 19
nd
Which of the following is an NOT attribute of entrepreneurial ability?
Result: 0.00 of 0.20 - Your answer is incorrect.
ic
and
Your answer:
organizing resources to meet the demand for a product
making command decisions about how much will be produced
recognizing an opportunity for profit
Organizing resources to meet the demand for a product. This is actually an attribute of entrepreneurial ability, as it involves effectively managing resources to meet customer needs and generate revenue. "ic," as all of the other options are attributes of entrepreneurial ability.
Entrepreneurial ability refers to a set of skills and qualities that enable individuals to recognize opportunities, organize resources, take risks, and innovate to create new products, services, or businesses. Deciding on how much to produce is typically part of the managerial function in a business, not the entrepreneurial function. The entrepreneurial function is more concerned with identifying opportunities and bringing innovation to the production process to meet consumer demand.
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what is a sale promotion
Answeris one of the elements of the promotional mix. :
Explanation:
Answer:
profit
Explanation:
You take a major selection of items and you increase the amount wanted by a quarter percentage.
Which of the following is a demographic characteristic that is a force for
change outside the organization?
O Education
O Productivity
O Job satisfaction
O Petroleum prices
A demographic characteristic that is a force for change outside the organization is Education.
Demographic characteristics refer to attributes that describe the status of people or a person such as age, gender, ethnicity or income.
Education is often strongly associated with fertility, mortality and migration experiences. As a planned long-term activity, schooling must in general be considered to be potentially and endogenous.
It also refers of a population, such as age, race, and martial status.
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How did the movie domestic scenes contrast with the ones focused on langley?
In the movie, "The Good Shepherd," the domestic scenes were in stark contrast to the ones focused on Langley. The domestic scenes, which depicted the family life of Edward Wilson, the protagonist, were warm, intimate, and familiar. These scenes were characterized by warm lighting, cozy interiors, and family members gathered together, engaging in everyday activities.
On the other hand, the scenes that were focused on Langley were cold, sterile, and formal. The interiors were sparsely furnished, and the lighting was harsh and uninviting. The people in these scenes were dressed in business suits, and their interactions were formal and stilted.
The contrast between the two types of scenes was deliberate, as it highlighted the vast difference between the public and private lives of the protagonist. While Edward Wilson was able to enjoy the warmth and familiarity of his family life, his professional life was cold and calculated, emphasizing the sacrifice and dedication required to serve one's country.
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loan amortization and ear you want to buy a car, and a local bank will lend you $40,000. the loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 8% with interest paid monthly. what will be the monthly loan payment? what will be the loan’s ear?
The monthly loan payment will be approximately $791.79, and the loan's Effective Annual Rate (EAR) will be approximately 8.31%.
To calculate the monthly loan payment, we can use the formula for loan amortization:
Loan Payment = (Loan Amount * Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)\(^n\)
where, n= number of months.
Given the information:
Loan Amount = $40,000
Nominal Interest Rate = 8% (0.08 per year)
Number of Months = 60
First, we need to convert the nominal interest rate to a monthly interest rate:
Monthly Interest Rate = Nominal Interest Rate / 12 = 0.08 / 12 = 0.00667
Substituting the values into the formula, we get:
Loan Payment = \((40,000 * 0.00667) / (1 - (1 + 0.00667)^(-60))\)
Using a financial calculator or spreadsheet, the monthly loan payment is approximately $791.79.
To calculate the Effective Annual Rate (EAR), we can use the formula:
EAR = (1 + Monthly Interest Rate)¹²⁻¹
Substituting the monthly interest rate:
EAR = (1 + 0.00667)¹²⁻¹
Using a calculator, the EAR is approximately 8.31%.
Therefore, the monthly loan payment will be approximately $791.79, and the loan's Effective Annual Rate (EAR) will be approximately 8.31%.
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please answer clearly! thank you
Oriole Company accepts from Gates Stores a \( \$ 5,800,4 \) month, 12 K note dated May 31 in settlenent of Gates' overdue accomt. The maturity date of the note is September \( 30 . \) \( (a 1) \) Calc
The maturity date, we start with May 31 and add 4 months So, the maturity date is September 30.
Oriole Company accepted a $5,800, 4-month, 12% note dated May 31 from Gates Stores to settle Gates' overdue account. The maturity date of the note can be calculated by adding the note's duration (4 months) to the date it was issued (May 31).
To find the maturity date, we start with May 31 and add 4 months:
May 31 + 4 months = September 30
Therefore, the maturity date of the note is September 30.
This transaction allows Gates Stores to settle their outstanding balance with Oriole Company by issuing a promissory note, which serves as a legal commitment to repay the specified amount within the agreed-upon time frame.
Oriole Company, as the recipient of the note, can hold onto it until maturity or choose to negotiate or sell it to a third party before the due date.
The acceptance of the note demonstrates a mutual agreement between the two companies to resolve the overdue account in a structured manner while providing Oriole Company with an opportunity to earn interest on the outstanding balance during the 4-month period.
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The following question may be like this:
Oriole Company accepts a $5,800, 4-month, 12% note dated May 31 from Gates Stores in settlement of Gates' overdue account.
During the economic periods of ____ , the economy is at its highest point and unemployment is low, in addition, total income is high and consumers are willing to buy products and services.
Answer:
Prosperity.
Explanation:
This can be tagged to be an economic period or stage in fluctuation, contraction and other factors affect the growth of a business or a certain economy. Example can be seen when your business generally follows the same economic cycle as the others does in the economy, then warning signs of an impending recession suggest that it is not a good time for you to broaden or create new growth grounds. This cycle help a business organisation protect against downturns, and position themselves to gain maximum merits of economic expansions.
Offering extrinsic rewards as a motivator fits best with which theory of learning?
Answer: Extrinsic Motivation
Explanation:
which of the following assets qualifies as residential rental property? (check all that apply.) multiple select question. apartment building duplex rented to individuals and families shopping mall space rented to shops/stores hotels and motels office building leased to businesses single-family rental homes
Residential rental property includes b) single-family rental homes, e) apartment buildings, and f) duplexes rented to people and families.
Residential rental property is defined as a dwelling bought by an investor and occupied by tenants under a lease or another sort of rental agreement.
Residential property is land zoned expressly for individual or household living or habitation; it can range from single-family homes to multi-unit apartment buildings.
Commercial rental property, on the other hand, is leased to businesses in properties zoned specifically for profit generating.
The term residential rental property distinguishes this sort of rental real estate investment from commercial buildings, where the renter is often a corporate body rather than a person or family, and hotels and motels, where the tenant does not stay for an extended period of time.
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Correct question:
Which of the following assets qualifies as residential rental property? (Check all that apply.)
a) Hotels and motels
b) Single-family rental homes
c) Shopping mall space rented to shops/stores
d) Office building leased to businesses
e) Apartment building
f) Duplex rented to individuals and families
3 Do you think the conflict of interests between these different stakeholder groups could ever be resolved? Explain your answer. [10]
Answer:
t is possible to resolve conflicts of interest between groups of stakeholders using some techniques and strategies that seek to integrate stakeholders and promote agreements that benefit everyone.
Explanation:
Managing conflicts is not a simple task, so it requires substantial efforts by the entire administration to develop the best strategies for resolving conflicts. It is essential that there is an understanding of the reasons that led to the conflicts and the search for solutions that benefit the greatest possible number of stakeholders.
In a conflict situation, communication is an essential tool in the resolution, it is necessary to know how to listen to all parties and be transparent about the search for an agreement that benefits everyone. It is necessary to integrate the teams and make each one feel heard and understood with regard to conflict and claims. The search for solutions must be the main objective when resolving a conflict, when managed effectively, it is possible to eliminate the reason for the conflicts and even make the teams more motivated at work.
Kwality Stores is famous for its woollen garments sourced from
Ludhiana. Its most popular selling item is its sweat-shirt which is sold at
1,000 per piece. The cost of placing an order and receiving goods is
₹ * 500 per order. Its holding cost is 300 p.a. Economic order quantity
for Kwality Stores is 200 sweat-shirts.
Calculate the annual demand of the sweat-shirts.
The Annual Demand of the Sweat-Shirts is: 16 Sweat Shirts/Annum. The steps for calculating this is given below.
How do you calculate Annual Demand?The following process outlines the process for calculating Annual Demand.
Multiply steady demand by two.Multiply the result by the cost of ordering one unit. Divide the result by the cost of holding one unit in inventory for a year. Then, take the square root of the total.This process applied is:
Steady demand here is: 200. Thus
200 X 2 = 400
400 * (200/500) = 160
160/(200/300) = 240
Annual Demand = \(\sqrt{240}\)
= 15.4919333848
≈ 15.5. given that the item cannot be divisible by two, we can leave the answer at 16 Sweat Shirts/Annum.
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If your marketing budget is $5,000 and you have spent 27% of it, what is the amount you have left to spend?
Answer:
3650
Explanation:
3650 is the amount you have left to spend from the budget of $5,000.
What is a budget?A budget is an estimate of income and expenses for a given future period of time that is often created and reviewed on a regular basis. Any organization that wishes to waste cash, including corporations and organizations, as well as individuals and households of any economic level, can create a budget.
The total budget that was assigned for marketing was $5000
The amount that was spent from the budget was 27%
The amount that was left from the budget = 100 - 27
= 73%
The money that was left of the marketing budget will be
= 5000 * 73%
= 5000 * 73/100
=5000 * 0.73
= $3650
The amount that was left was $3650 which can be spent more, depending on the allocation of the resources. This is 73% of the total amount that was assigned.
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Christopher is a self-employed cash-method, calendar-year taxpayer, and he made the following cash payments related to his business this year. Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate. a) $500 fine for speeding while traveling to a client meeting. b) $800 of interest on a short-term loan incurred in September and repaid in November. Half of the loan proceeds was used immediately to pay salaries and the other half was invested in municipal bonds until November. c) $600 for office supplies in May of this year. He used half of the supplies this year and he will use the remaining half by February of next year.
Answer:
A. $500
B. $696
C. $378
Explanation:
Calculation to determine the after-tax cost of each payment
A. Based on the information given the AFTER-TAX COST will be $500 reason been that it is NOT DEDUCTIBLE based on the fact that fines and penalties does not provide a tax break
B. After-tax cost=$800 * [1-(0.5*0.37)]
After-tax cost=$800*(1-0.13)
After-tax cost=$800*0.87
After-tax cost=$696
Therefore After-tax cost is $696 reason been that HALF OF THE INTEREST will NOT be DEDUCTIBLE reason been that it was used to obtain NON-TAXABLE INCOME
C. After-tax cost=$600 * (1 - 0.37)
After-tax cost=$600*0.63
After-tax cost=$378
Therefore the After-tax cost is $378
_____________, fill in the blank, requires that sales associates be friendly, knowledgeable, and helpful.
It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.
What is Personal selling all about?Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.
It serves as a promotional method by which the salesperson uses his or her skills to sell goods.
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What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise
Answer:
D The number of jobs in marketing is on the rise
Explanation:
The outlook for marketing career opportunities is The number of jobs in marketing is on the rise. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.
Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.
Therefore, option D is appropriate.
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using coupons and rebates to lower the price of an item is an example of
Using coupons and rebates to lower the price of an item is an example of sales promotion.
Sales promotion refers to a set of marketing activities aimed at increasing the sales of a product or service. Sales promotion activities are usually short-term and can be targeted at end consumers, retailers, or other members of the distribution channel. Coupons and rebates are common sales promotion tools used by manufacturers or retailers to encourage customers to try a product or incentivize repeat purchases.
By offering a lower price, manufacturers or retailers can stimulate demand, increase sales, and potentially gain new customers or retain existing ones.
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Kate likes to draw and is quite good at it. She's also enjoyed photography classes and has a good eye. While she loves her artwork, she is looking for a stable career option. Which career should she choose and why?
Answer:
food
Explanation:
because
Answer:
peeee
Explanation:
peeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the Banking Services pathway of the Finance career cluster to help her do this.
A. True
B. False
The Answer is: A. True
She would need to call someone from the Banking Services pathway of the Finance career cluster to help her.
How has the Internet changed entertainment marketing?
Explanation:
The evolution of the internet has made it possible for artists to target and grow fan followings all over the world. This means that the typical type of venue has also shifted. Instead of targeting one city or area, artists can advertise their new releases, concerts, and merchandise via social media posts.
Defamatory statements published on Internet bulletin boards, e-mails, and the like, are considered libel due to the somewhat permanent nature of the medium. This often is vital to a successful suit for defamation as damages are presumed to exist in the case of libel and do not have to be proven to the court.
The remaining question becomes who should be sued. This is the hard part. Sections of the Communications Decency Act of 1996 and several court
decisions provide protections to Internet service providers and bulletin board operators. Such parties generally are considered to be immune from suits
brought to make up for the harm done by such statements. However, they may be held liable if it can be shown that they exercised editorial or full control of
the material posted or transmitted or, at least, had knowledge of the specific defamatory contents. Such a showing has proven very difficult to accomplish.
Think about it
Why do you think it has been so difficult for people to win libel suits against Internet bulletin board operators or Internet service providers?
Answer:
Sorry i can not answer it...
Rupert and Cordelia own an American company that does business in foreign nations. Getting a license in a new country can be challenging. As they try to enter into business in a new country, Rupert fills out the license paperwork and takes it to the correct office. There he pays the front-desk person $100 to process the paperwork, as is the custom in that country. Cordelia, who has connections in that country, schedules an appointment with the minister of commerce, who has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license. Which payment(s) likely violated the Foreign Corrupt Practices Act?a. The payments made by both Rupert and Cordelia.b. The payment made by Rupert but not the payment made by Cordelia.c. The payment made by Cordelia but not the payment made by Rupert.d. Neither payment violated the FCPA.
Answer:
Option C.The payment made by Cordelia but not the payment made by Rupert.
Explanation:
Based on the information given we were told that Rupert did the right thing and as well follow the due process and custom of the country because he fills out the license paperwork and as well takes the license paperwork to the correct office in which he pays the front desk person the amount of $100 to process the paperwork while Cordelia on the other hand violated the Foreign Corrupt Practices Act reason been that due to the connections she had in that country she went ahead to schedules an appointment with the minister in charge of commerce because the minister has the authority to determine the foreign companies that can get licenses and she as well pays the minister the amount of $200 to approve their license.
Therefore based on the scenario we can vividly say that the payment made by Cordelia but not the payment made by Rupert violated the Foreign Corrupt Practices Act.
Knowledge check 01 hawley company uses the direct method of reporting cash flows from operating activities. hawley sold land with a cost of $8,000. the company reported a gain on the sale of the land in the amount of $2,000. what was the amount of cash collected from the sale of the land
The cash collected from the sale of land is equal to the cost of the land plus the gain on the sale of the land. Thus, the amount of cash collected is equal to $10,000.
What do mean by sale?A sale is a transaction among or extra events wherein the purchaser gets tangible or intangible goods, services, or belongings in change for money.
here, the amount of cash collected from sale of land is equal to $10,000 that is $8,000(cost) plus $2000 (gain).
Thus, Thus, the amount of cash collected is equal to $10,000.
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According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
physical strength
clear speaking
teamwork
alertness
repair skills
a driver’s license
Answer:
B,C,D ON EDGE 2020-2021
Explanation:
Based on the information given, the qualities Air Traffic Controllers need are:
Clear speakingTeamworkAlertnessThe correct options are B, C, and D.
What does an air traffic controller do?They control the flow of aircraft into and out of the airport's airspace, direct pilots during takeoff and landing, and keep an eye on the movement of aircraft in the sky. To communicate with pilots, air traffic controllers employ radio technology.
Clear speaking is necessary because Air Traffic Controllers are responsible for communicating with pilots to provide them with critical information, such as weather conditions, runway changes, and other important details. Any miscommunication or misunderstanding could have severe consequences, so it's essential that Air Traffic Controllers are articulate and can communicate clearly.
Teamwork is also crucial for Air Traffic Controllers because they work closely with other Air Traffic Controllers and other professionals, such as pilots, airport personnel, and maintenance crews. They need to be able to coordinate and collaborate effectively to ensure the safe and efficient flow of air traffic.
Thus, the ideal selections are options B, C, and D.
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Who benefits from fashion forecasting?
Answer:
textile developer is the answer
Answer:
textile developer
Explanation: ON PLATO
This is for my NJROTC class! Pls help!
Answer: Option 1
Explanation:
Answer:
option1
Explanation:
with the aid of industry and individual producer graphs explain how the long run equilibrium in perfect market will be achieved when an economic loss was made in the short run
In a perfectly competitive market, the long-run equilibrium is achieved through the process of entry and exit of firms. When an economic loss is incurred by individual producers in the short run, it signals an imbalance between the market price and the average total cost of production.
When individual producers experience economic losses, some firms will choose to exit the market in the long run. This exit occurs because firms are unable to cover their costs and generate profits. As a result, the supply in the market decreases, shifting the supply curve to the left. The reduction in supply leads to a decrease in the quantity of goods or services available in the market, which in turn puts upward pressure on prices.
As prices rise, the remaining producers who were able to operate at a lower cost may start to earn economic profits. This attracts new firms to enter the market, anticipating the opportunity to make profits. The entry of new firms increases the supply in the market, shifting the supply curve to the right.
The increased supply eventually leads to a decrease in prices, as competition intensifies among producers. This process continues until a long-run equilibrium is reached, where the market price equals the average total cost of production for each firm.
Graphically, this adjustment is represented by the shifting of the supply curve to the left in the short run due to firm exits, followed by a subsequent shift to the right in the long run due to new firm entries. The new long-run equilibrium occurs at the intersection of the demand and supply curves, where price equals average total cost, ensuring that firms earn zero economic profit.
Overall, the long-run equilibrium in a perfect market is achieved through the exit and entry of firms in response to economic losses or profits, respectively, leading to price adjustments and the restoration of equilibrium.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
l
l
∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
each listed stock option contract gives the holder the right to buy or sell shares of stock. each listed stock option contract gives the holder the right to buy or sell shares of stock. 10 100 1000 1
The correct statement is:
Each listed stock option contract gives the holder the right to buy or sell 100 shares of stock.
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