Answer:
11 years
Explanation:
The Macauly duration of a bond is generally calculated for coupon bearing bonds sold either at par or at premium or discount values. When we are asked about the Macauly duration of a zero coupon bond, the answer is simply the time to maturity of the bond, or the bond duration. In this case, the time to maturity is 11 years which equals the Macauly duration.
Answer:
C. Computer assembly
Explanation:
Economic base refers to the potential for a city to grow or it's susceptibility to decline which is defined by a set of economic activities that city provides for the world beyond its geographical boundary. Given the following options, computer assembly seems to the least likely to be considered as high impact for either the economic base to grow or to decline. Computer assembly is a large part of a technician job that just involves assembly of computer parts.
Answer: B. macroeconomics analysis
Explanation: Macroeconomics analysis is the branch of economics that studies the economy as a whole and it focuses majorly on three areas viz national output, inflation and unemployment.
Macroeconomics analysis of unemployment tells how many people from the labor force are unable to find work despite being able and willing to work. Whenever the economy shows growth, indicated in the GDP growth rate, the rate of unemployment tends to be low. The reason behind this is that output becomes higher with rising real GDP levels, hence, more laborers/workers/employees are needed to keep up with the increased levels of production. Also, interest payment by a government on excessive debt tend to harm the economy and may lead to harsh economic policies, which can increase unemployment through layoffs, downsizing etc.
