Answer:
The answer is 24,904.
Explanation:
Solution
Given that:
Now,
The unemployment rate =( unemployment/labor force) * 100
Thus,
Unemployment =( unemployment/labor force) * 100
In May 2008, unemployment = (4 * 622,600 )/100 = 2,490,400/100
=24,904
In May 2009, unemployment = ( 7 * 602,000)/100 =4,214,00/100
=42,140
So,
Number of employed people = 2009 unemployment - 2008 unemployment = 42,140 - 24,904
=17,236
Therefore the of unemployed people in may 2008 is 24,904.
Answer:
December:
Dr cash $16,000
Cr subscription revenue $16,000
Dr cash $216,000
Cr unearned revenue $216,000
January 2017:
Dr unearned revenue $18,000
Cr subscription revenue $18,000
Explanation:
The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.
In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.
At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.
The bank’s excess reserves are $6 million.
The required reserve ratio is 8%. It means that banks should keep 8% in their deposits as required reserves. The bank has a deposit of $50 million. It means it has to maintain only $4 million(50×0.08 )i.e 8% of 50 million, as a required reserve. Excess reserves are the reserve, over and above required reserves. If overall reserves are 10 million and required reserves are only 4 million then excess reserve =6 million (10 -4)
The reserve ratio is the portion of reservable liabilities that business banks must keep onto, rather than lend out or invest. this is a requirement decided with the aid of the country's primary bank, which in America is the Federal Reserve. it is also known as the cash reserve ratio.
A reserve assets ratio for a bank which units the minimal liquid reserves that a bank ought to hold in the event of a sudden boom in withdrawals. A high reserve property ratio may limit the lending that a bank is able to do – it must maintain better amounts of cash.
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This property is called the distributive property. It is when you distribute the number outside the parenthesis into the numbers and letters inside the parenthesis.
Example:
7(x-3) = 7x-21
10(x+5+8) = 10x+50+80 = 10x +130
be sure to simplify like terms as in the example above
10 ( x²+5x³+2x²) = 10x²+50x³+20x² = 30x²+50x³
answer: 30x²+50x³
hope this helps
D. For savers in low income tax brackets than for savers in high income tax brackets.