Answer: When a firm is operating in a perfectly competitive labor market: <u>"the firm can buy as much or as little labor as it wants at a fixed, going wage rate."</u>
Explanation:
1- "the wage the firm increases with the number of workers hired" - Is incorrect because The salary paid by the company is treated as a constant salary.
2- Correct.
3- "the firm’s marginal expense of labor (MEL) equals the cost of all workers hired." is incorrect because the firm’s marginal expense of labor (MEL) is equal to the salary (wage) rate.
the rate expected on the treasury bill is 8.57%. enter answer as a percent rounded to 2 decimal places.
The real rate is 2.1 percent
The inflation rate is 3.4 percent
To find the rate which is to be expected on a treasury bill we have to apply fisher's equation
1+R= (1+r)(1+h)
Therefore, the rate on the treasury bill can be calculated as follows
1+R= (1+r)(1+h)
r= 3.4%
= 3.4/100
= 0.034
h= 5%
= 5/100
= 0.05
R= (1+r)(1+h)-1
= (1+0.034)(1+0.05)-1
= (1.034×1.05)-1
= 1.0857-1
= 0.0857×100
= 8.57%
A Treasury invoice (T-invoice) is a brief-term debt obligation backed via the U.S. Treasury Department with an adulthood of one year or less. Treasury bills are generally bought in denominations of $1,000 even as a few can attain a denomination of $five million.
let's say an investor purchases a par price of $1,000 T-bill with an aggressive bid of $950. whilst the T-invoice matures, the investor is paid $1,000, thereby income $50 in interest on the funding.
U.S. Treasury bills are auctioned on a regular schedule. individuals should purchase T-payments from the government using the TreasuryDirect internet site. it is free to register, and it'll function like a brokerage account that holds your bonds. in addition to bidding on new troubles, You also can install reinvestments into securities of an equal type and time period. as instance, you can use the proceeds from a maturing fifty-two-week invoice to shopping for some other fifty-two-week invoice. sure brokerage corporations can also permit buying and selling in U.S. Treasuries.
To learn more about treasury bills visit here:
brainly.com/question/17204626
#SPJ4
Answer:
$2,000
Explanation:
Revenue is the income generated from normal business activities. This includes allowances, discounts and deductions for sales returned.
Since Boogie and Twenties modify the agreement to reduce the price of the remaining 300 pair of flapper shoes to $10 a pair, it means that revenue to be recognized from the date of the change will be recognized at a unit price of $10.
As such if Boogie delivers 200 pairs of shoes in September,
Revenue to be recognized in the Month of September
= 200 * $10
= $2,000
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Cash flow= $2,250
n= 4
i= 5%
Additional investment= $3,000
<u>First, we need to calculate the future value using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {2,250*[(1.05^4) - 1]} / 0.05
FV= 9,697.78 + 3,000
FV= $12,697.78
<u>Now, the present value:</u>
PV= FV/(1+i)^n
PV= 12,697.78/(1.05^4)
PV= $10,446.5