The investment you made in a mutual fund one year ago lost 50% of its value over the past year. What percentage increase is needed in the fund to restore your portfolio to the level it was one year ago?
What will be an ideal response?
We can employ the formula from the text: 100·
= 100 ? 
Using this formula, where d is the initial decline in the investment (50), the answer is 100%.
You might also like to view...
"Learning by doing" results in decreased average costs of production and is illustrated by a downward shift of the firm's long-run average cost curve
Indicate whether the statement is true or false
Table 10-1 Q (in units) AFC (in dollars) AVC (in dollars) MC (in dollars) 0 C C C 2 2.5 18 10 4 1.25 14 14 6 0.83 18 42 8 0.63 30 94 10 0.5 50 170 In Table 10-1 are the short-run cost schedules of a perfectly competitive firm. Below what price would the firm choose to shut down?
A. $50 B. $20 C. $18 D. $14
When a 9% increase in price leads to a 6% increase in quantity supplied, supply is relatively inelastic
a. True b. False Indicate whether the statement is true or false
The total fertility rate:
A. measures the average number of children that a woman is expected to have during her lifetime. B. measures the average number of children that each couple is expected to have during their lifetime. C. equals the rate of population change over time. D. rises as income rises.