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lyudmila [28]
3 years ago
14

If the price level and the money wage rate rise by the same​ percentage, the quantity of real gdp supplied​ ______ and there is

a movement up along the​ ______ aggregate supply curve.
Business
1 answer:
Juliette [100K]3 years ago
4 0

<span>There is no change in the quantity of real GDP supplied and a movement occurs up along the</span> economy's supply schedule in the long‐run that is the Long-run Aggregate Supply (LAS) curve if the price level and the money wage rise by the same percentage.

 





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Leahy Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have a 6% coupon rate, and interest i
Black_prince [1.1K]

Answer:

The bonds were sold at a premium, with annual interest expenses less than $18,000

Explanation:

r = 4% per annum = 4%*6/12 = 2%

n = 5 years * 2 = 10

Present value of annuity factor = [1 - (1+r)^(-n)] / r

Present value of annuity = [1 - (1.02)^(-10)] / 0.02

Present value of annuity = 8.982585

Interest payment = $300,000*6%*6/12

Interest payment = $9,000

Present value factor = 1/(1+r)^n

Present value factor = 1 / (1.02)^10

Present value factor = 0.8203483

Face value = $300,000

Selling value of bond = [8.982585*9000] + [0.8203483*300,000]

Selling value of = 80,843.265 + 246,104.49

Selling value of = 326,948. (Amount that bond are sold for is greater than 300,000 i.e at a premium).

Coupon rate payment = $300,000*6%

Coupon rate payment = $18,000

3 0
3 years ago
75 of 100 - jim inherited a property that has not been maintained in years, the property needs new appliances, a roof, new sidin
Rzqust [24]
The lack of feasibility in doing these repairs is called incurable. Incurable depreciation is a term that describes a defect or a set of defects that can not be cured or it is financially impractical to cure. More specifically, this term refers to the case when the cost of repairing something surpasses the value this item will add to the structure.
3 0
3 years ago
E first phase of the writing process involves writing a rough draft of your message.
Mekhanik [1.2K]
This stament is true in my opinion because in order to make a story you have to go by the steps so like you have to write a rough draft
6 0
3 years ago
Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of
miss Akunina [59]

Answer:

19.05%

Explanation:

the approximate yield to maturity (YTM) formula is:

approximate YTM = {C + [(FV - PV) / n]} /  [(FV + PV) / 2]

  • C = coupon payment = $130
  • FV = face value or value at maturity = $1,000
  • PV = present value or current market value = $690
  • n = 10 years

approximate YTM = {$130 + [($1,000 - $690) / 10]} /  [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%

8 0
3 years ago
Pension data for David Emerson Enterprises include the following:
iragen [17]

Answer:

$159

Explanation:

Calculation to determine the service cost component of pension expense for the year ended December 31.

Projected benefit obligation, December 31 555

Add Benefit payments to retirees, December 31

Less Interest cost $54

(12%*450)

Less Projected benefit obligation, January 1 $450

service cost $159

7 0
2 years ago
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