QUESTION 6 of 10: You purchased 50 shares of a stock at $100 per share. Your stock value dropped 5% in one year. If the stock were to
continue to drop at the same rate for an additional half a year, what would be the total value of the stock at that time?
a) $2,448
b) $2.468
c) $4,630
d) $4,848

C

Explanation:

50 shares was purchased at 100 per share- cost of purchase = $5000

5% drop in year 1 = 5/100 x 100= $5; $100 is reduced to $95 per share

Another 5% drop in half year will further reduce share price to $92.5.

$92.5 per share multiply by 50 unit shares gives an approximate of $4,630

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know