Answer:
The equilibrium daily wage rate is $150.
Explanation:
The equilibrium price and equilibrium quantity take place where the supply and demand curves intersect each other. The equilibrium take place when the quantity demanded is same as the quantity supplied.
Consider the data provided.
Wage per Quantity demanded Quantity supplied
day per day per day
$10 8,000 10
$25 5,000 500
$50 4,000 1,000
$100 3,500 2,000
$150 3,000 3,000
In this case, it is clear from the table that the quantity demanded is same as the quantity supplied when the wage per day is $150.
Also consider the graph attached.
The intersection point of the two graphs is at ($150, 3,000).
So, the equilibrium daily wage rate is $150.
Answer:
a. Compute the current yield on both bonds.
Current yield = Annual coupon payment / current market price of bond
Bond A current yield = $80 / $800 = 0.1
Bond B current yield = $85 / $900 = 0.09
b. Which bond should he select based on your answer to part a?
Bond A, because it has a higher current yield.
What is the approximate yield to maturity on Bond B?
Approximate Yield to Maturity (YTM) = [C+ (F-P) / n] / [(F+P) / 2]
Where:
C = Coupon payment
F = Face value
P = Price
n = years to maturity
Because the face value is not specified in the question, we will assume is the same as the price.
Bond B YTM = [85 + (900-900) / 2] / [(900+900) / 2]
= 0.09
d. Has your answer changed between parts b and c of this question in terms of which bond to select?
Under the assumption that the price and face value of Bond b are the same, we can see that the YTM and the current yield are the same, so the choice of the bond (bond A) has not changed.
However, if the face value was higher or lower than the price, the YTM would be different to the current yield, for that reason, it is always best to check Yield to Maturity instead of current yield when choosing which bond to invest in.
<span>Using Word, Powerpoint, or any other program that allows you to
create diagrams, create an electronic, visual diagram of the US banking
system and the Federal Reserve System.
Include special financial services of the banking system in your
diagram. Be creative in this activity. Pretend you have been asked to
teach the structure and interrelationships of the systems to someone
else.</span>
What I have to far:
Line 1: Federal Reserve
Line 2: Board of Governors and Open Market Committee
Line 3: Reserve Banks
Line 4: Member Banks & Other Depository Institutes
After that I have to categorize the following and here’s the way I have it so far
Commercial Banks = member bank
Savings institutions = other depository
Mutual savings banks = ?
Credit Unions = member bank
Nondeposit Institutions = ?
hope this helps
Answer:
was it a passage u had to read?
Explanation: