Answer:
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
Explanation:
Large cities are associated with a high cost of living. House rent, food, and transport will cost more in major cities compared to smaller towns. In considering the job offer, the accountant should analyze the cost implications of living in the New York City in comparison to his salary increment.
A salary raise in economic terms will refer to an increase in pay after adjusting to any increase increase in prices. If the prices and subsequently cost of living is rising at a higher rate compared to salary increment, then an individual is actually experiencing reduced income. The accountant should consider the offer if the salary increments would cover the expected rise in the cost of living and leave him with some surplus.
In the past thirty years, the proportion of those who consider themselves to be INDEPENDENT has increase the most. Americans has two major parties, the republican and the democrats. Those individuals who did not belong to either of the group are called independent. The percentage of independent individuals currently in America is 42%, while the Democrat and the Republican are 31% and 25% respectively.
Answer:
7.08%
Explanation:
Face Value = $1,000
Current Price = 1000 x 97.66% = 976.6
Current yield = 7.25%
We can find the coupon rate by a simple formula
Coupon Rate = (Interest / Face value) x 100
We need to find interest first in order to find coupon rate
YTM = Interest / Current price
7.25% x 976.6 = Interest
70.7035 = Interest
Coupon Rate = (70.8035 / 1000) x 100
Coupon Rate = 7.08%
Answer:
Set.
Explanation:
Closure property in algebra asserts that 'when an operation(multiplication, addition) takes place among the members of a set, the result produced would surely be a member of that same set.' For example, if we add or multiply two real numbers(members of the same set), the result would be a real number for sure(a member of the same set). It implies that 'real numbers are closed under multiplication and addition.' While if I subtract two real numbers, I may or may not get a real number. Thus, the real numbers are closed under subtraction.
Answer:
The right solution is:
(a) 120
(b) 20%
Explanation:
Given that,
Full time employed,
= 75
Part time employed,
= 25
Total unemployed,
= 20
(a)
The total employed will be:
= 
= 
= 
Now,
Labor force will be:
= 
= 
= 
(b)
The unemployment rate will be:
= 
= 
= 
= 
(%)
