Answer: cold and warm air masses interact in an unstable environment.
Explanation: Extratropical cyclones, sometimes called mid-latitude cyclones or wave cyclones, are low-pressure areas which, along with the anticyclones of high-pressure areas, drive the weather over much of the Earth. Extratropical cyclones are capable of producing anything from cloudiness and mild showers to heavy gales, thunderstorms, blizzards, and tornadoes. These types of cyclones are defined as large scale (synoptic) low pressure weather systems that occur in the middle latitudes of the Earth. In contrast with tropical cyclones, extratropical cyclones produce rapid changes in temperature and dew point along broad lines, called weather fronts, about the center of the cyclone .According to the polar-front theory, extratropical cyclones develop when a wave forms on a frontal surface separating a warm air mass from a cold air mass. As the amplitude of the wave increases, the pressure at the centre of disturbance falls, eventually intensifying to the point at which a cyclonic circulation begins. The decay of such a system results when the cold air from the north in the Northern Hemisphere, or from the south in the Southern Hemisphere, on the western side of such a cyclone sweeps under all of the warm tropical air of the system so that the entire cyclone is composed of the cold air mass. This action is known as occlusion.Extratropical cyclones arise through a process called cyclogenesis, in which cold and warm air masses interact in an unstable environment.
Answer: 9.04%
Explanation:
1 year rate today = 5% = 0.05
2 years rate today = 7% = 0.07
Maturity of longer bond = 2
The ending return if the 2 years bond are bought will be thesame as the needed return on series of a year bond which will be 1.1449
The market's forecast for 1-year rates 1 year from now will be calculated as:
= 1.05(1+X) = 1.1449
1.05 + 1.05X = 1.1449
1.05X = 1.1449 - 1.05
1.05X = 0.0949
X = 0.0949/1.05
X = 0.090381
X = 9.04%
Answer:
A. last; equal to
Explanation:
Marginal product of labour is the change in total output as a result of a change in quantity of labour employed.
A profit maximising firm would produce up to a point where the marginal product of last factor enjoyed in equal to the factor's price.
The marginal cost of Labour should equal to the marginal product of labour
Answer:
The correct answer is Maverick buying.
Explanation:
Maverick, is a wayward, a dissident, a rebel, someone who refuses to abide by the rules or resists joining a group. The term originates from Samuel A. Maverick (1803-1870), a Texas rancher, who refused to mark his cattle.
The "maverick buying", refers to purchases out of contract or channels established by an organization. For example, the Corporate Supply department negotiates a competitive price for certain particular models of laptops with a distributor. Days later, someone from the Human Resources department requests the purchase of a much more expensive model, for which a discount has not been negotiated.
Another example: traveling in an airline and staying in a hotel other than those with which the company has signed agreements.
The impact of bypassing the preferred purchasing channels and systems can vary from operational inefficiency, to missing out on the advantages of corporate contract negotiation, large fines and even jail time.
Answer:
The remaining part of the question is:
Which of the following statements are TRUE?
I New issues of Treasury Bills are generally priced at par
II New issues of Treasury Bonds are generally priced at par, or at a slight discount to par
III New issues of Agency Bonds are generally priced at par, or at a slight discount to par
A. I only
B. III only
C. II and III only
D. I, II, III
Correct Answer:
C. II and III only
Explanation:
It is a fact that virtually all new issues of T-Bills are always sold at a discount to par value. These are original issue discount obligations, with the accrued value of the discount being the interest income earned on these securities.
<em>Treasury Bonds and Agency Bonds are issued at par or in most cases at a very slight discount to par, and make periodic interest payments.</em>
