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goldenfox [79]
4 years ago
7

Daniel, Steven, and Chris work as engineers in Connecticut. The demand for engineers starts to decline as their company’s profit

s start to decrease during a recession. As a result, Daniel and Steven are laid off from their jobs. Daniel and Steven would be classified as
Business
1 answer:
EleoNora [17]4 years ago
7 0

Answer:

cyclically unemployed

Explanation:

The cyclically unemployed refers to the situation when the economy is in recession period that directly impacts the profits of the company

In the given situation, since Daniel, Steven, and Chris work as engineers in Connecticut. Due to the recession, the company profit is declining that results in a decrease in the demand of the engineers.

Therefore this situation represents the cyclically unemployed

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You make the following deposits for the next five years into an investment account. All deposits are made at the end of the year
galina1969 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

First investment:

5 deposits for 5 years at an interest rate of 10%.

Second investment:

Lump-sum for 25 years at an interest rate of 8%.

We weren't provided with the value of the deposits, but I can provide the formulas and an example.

<u>First investment:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit= $2,000

FV= {2,000*[(1.10^5)-1]} / 0.10

FV= $12,210.2

<u>Second investment:</u>

FV= PV*(1+i)^n

FV= 12,210.2*(1.08^25)

FV= $83,621.25

8 0
3 years ago
Scott is trying to sell his home FSBO. The Bartells believe Scott's home could be their dream home, but they have been working w
Rzqust [24]

Answer:

C. Ratification.

Explanation:

Ratification is the action of signing or giving formal consent to a treaty, contract, or agreement, making it officially valid.

5 0
3 years ago
Keenan received a number of letters from his constituents complaining that traffic in their city is too congested. He discussed
BlackZzzverrR [31]
They would be engineers or civil contractors. Hope it helps! :) If you could vote my answer as the brainiest, that would be awesome! :)
3 0
4 years ago
Read 2 more answers
The following information pertains to Lessor Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160
ipn [44]

Answer:

Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished

Explanation:

Return on Investment will be  Income/ Investment Capital

Which in this case is defined as total assets.

So it would be<em> Income / Total Assets</em>

The last is a given figure: 150,000

Now <u>let's first find out the income:</u>

180,000 revenues - 160,000 expenses = 20,000 net income

Finally <em>calculate the </em><em>ROI</em>  20,000/ 150,000 = 13.33%

8 0
4 years ago
With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 6%. But if the rate
Maksim231197 [3]

Answer:

10.24%

Explanation:

The computation of the firm an annual interest is shown below:

= {(1 + annual interest rate) × (1 + inflation rate) - 1}

= {(1 + 6%) × (1 + 4%) - 1}

= (1.06 × 1.04) - 1

= 1.1024 - 1

= 10.24%

All other information which is given is not relevant. Hence, ignored it

We simply multiply the annual interest rate and the rate of inflation and than subtract it by 1 so that the accurate annual interest rate can come.

8 0
4 years ago
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