Describe (verbally) how to calculate a one-time return on an investment. On an annual return.
What will be an ideal response?
To calculate gain or loss on an investment the return is given as a percentage of the investment, known as the percentage rate of return over a given time. To calculate a one-time return on an investment, divide the gain (or loss) by the purchase price. For asset that gains a return annually, dividing the yearly payment by the purchase price. The result is the percentage rate of return per year.
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There exists a strong ________ correlation between GDP per capita and ________
A) positive; child labor B) negative; life expectancy C) negative; child labor D) positive; unemployment rate
A key insight of the public choice model is that public policymakers are likely to pursue the public's interest, even if their self-interests conflict with the public interest
Indicate whether the statement is true or false
A monopolist
A) can charge whatever price it wants because it is the only firm producing the good. B) can usually keep price equal to marginal revenue by lowering the price on the last unit sold only. C) faces a demand curve that is more elastic than the demand curve for the industry. D) is constrained in its pricing decisions by the demand curve it faces.
a nation is going to achieve and sustain a high rate of economic growth, it must
What will be an ideal response?