Bundle: Economics for Today, Loose-leaf Version, 10th + MindTap Economics, 2 terms (12 months) Printed Access Card
Bundle: Economics for Today, Loose-leaf Version, 10th + MindTap Economics, 2 terms (12 months) Printed Access Card
10th Edition
ISBN: 9781337738736
Author: Tucker, Irvin B.
Publisher: Cengage Learning
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Chapter 20.A, Problem 15SQ
To determine

The implication of the intersection of SRAS2 and LRAS.

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Answer question 2 only.
1. A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate fund, and the third is a (riskless) T-bill money market fund that yields a rate of 8%. The probability distributions of the risky funds have the following characteristics: Standard Deviation (%) Expected return (%) Stock fund (Rs) 20 30 Bond fund (RB) 12 15 The correlation between the fund returns is .10.
Frederick Jones operates a sole proprietorship business in Trinidad and Tobago. His gross annual revenue in 2023 was $2,000,000. He wants to register for VAT, but he is unsure of what VAT entails, the requirements for registration and what he needs to do to ensure that he is fully compliant with VAT regulations. Make reference to the Vat Act of Trinidad and Tobago and explain to Mr. Jones what VAT entails, the requirements for registration and the requirements to be fully compliant with VAT regulations.
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