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trasher [3.6K]
2 years ago
9

In macroeconomics, a _______________ describes the common way in which market values are measured in an economy (Money acts as a

common denominator, an accounting method that simplifies thinking about trade-offs).
A. store of exchange
B. medium of exchange
C. unit of account
D. store of value
Business
1 answer:
Tatiana [17]2 years ago
7 0

In macro economics a unit of account describes the common way i which the market values are measured in an economy

Explanation:

When the market capitalization of a company which is traded in public and the company's number of out standing shares are multiplied then it is the way to calculate the market value in an economy

The economic value and the market values are not the same the market value is the value of a product in the market and the amount that the consumer is willing to pay for that product on the other hand economic value is the value that is benefited from the products that is the gain value in the market

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An investor has purchased stock in a firm. The investor believes that, at the end of the year, there is 0.20 probability that th
disa [49]

Answer:

loss of $200

Explanation:

As given, there are three cases can happen:

1) 0.20 probability that the stock will show a $3000 profit

=> 0.20 probability that profit = $3,000

2) 0.10 probability that the stock will show a $6000 profit

=> 0.10 probability that profit = $6,000

3) 0.70 probability that the stock will show a $2000 loss

=> 0.70 probability that profit = - $2,000

The expected profit in the stock at the end of the year can be calculated as following:

<em>Expected profit = Probability case 1 x Profit case 1 + Probability case 2 x Profit case 2 + Probability case 3 x Profit case 3 </em>

<em>=0.2 x 3,000 + 0.1 x 6,000 + 0.7 x (-2,000)</em>

<em>=. 600 + 600 -1,400 = -200</em>

<em />

So that, the expected profit in the stock is the loss of $200

5 0
2 years ago
The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks
Brut [27]

Answer:

<u></u>

  • <u>17.5%</u>

Explanation:

The <em>expected return</em> is the weighted average of the expected returns in each scenario by its respective probability.

The <em>distribution of the holding period returns </em>(HPR) under three different scenarios is:

State of the economy    Scenario #(s)     Probability, p(s)    HPR

HPR Boom                         1                            0.336              28.40%

Normal growth                  2                           0.414                7.90%

Recession                          3                           0.25                18.90%

The calculations are:

        E(HPR) = 0.336\times 28.40\%+0.414\times 7.90\%+0.25\times 18.90\%

        E(HPR)=17.5\%

6 0
2 years ago
Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different meth
velikii [3]

Answer:

$375

Explanation:

If Johnson will use the desired gross margin percentage to determine the selling price of its products, they must use the following formula:

selling price per unit = total manufacturing costs per unit / (1 - gross margin)

Total manufacturing costs = variable manufacturing costs + total fixed costs + batch level fixed overhead = $2,350,000 + $1,200,000 + $200,000  = $3,750,000

total manufacturing cost per unit = $3,750,000 / 20,000 units = $187.50

selling price per unit = $187.50 / (1 - 50%) = $187.50 / 50% = $375

7 0
2 years ago
Grey has two children, Ham (the eldest) and Ivy, both of whom predecease Grey-Ham is survived by a daughter, Jess, and Ivy by tw
svetlana [45]

Answer:

Jess receives one-half of the estate, and Kato and Lars each receive one-fourth

Explanation:

The question is complete but phrased incorrectly as the options are not separated.

8 0
2 years ago
Maryland Incorporated produces toys. Total manufacturing costs are​ $360,000 when​ 50,000 toys are produced. Of this​ amount, to
Aleonysh [2.5K]

Answer:

$458,000                

Explanation:

The computation of the total production cost in case of 85,000 toys are produced

The fixed cost is

= Total manufacturing cost - total variable cost

= $360,000 - $140,000

= $220,000

And, the variable cost per unit is

= $140,000 ÷ 50,000 toys

= $2.8

So for 85,000 toys, the total production cost is

 = Fixed cost + Variable cost × variable cost per unit

= $220,000 + 85,000 toys × $2.8

= $220,000 + $238,000

= $458,000                                                                                

5 0
2 years ago
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