There are a lot of factors to consider in increasing minimum wage.
In the pro side, minimum wage workers will be happy if their wage is increased because their take home pay will be higher.
However, if this increase will be implemented, a lot of business owners, especially small businesses, will be forced to relieve some workers of their position as well as be discouraged to hire more workers. This is because the salary for new hires will be used for the increase. Increasing minimum wage will also result to the increase of the wages of the existing workers, to ensure that they are equally treated.
There are three elements in any integrated marketing communication strategy: the the consumer, the channels through which the message is communicated, and evaluation of the results of the communication.
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Answer:
$34,600
Explanation:
The computation of beginning retained earnings balance is seen below:
But we know that;
Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid
$51,600 = Beginning retained earnings + $21,100 - $4,100
Beginning retained earnings = $51,600 - $21,100 + $4,100
Beginning retained earnings = $34,600
The Nominal GDP of the economy that produces two goods in 2014 is $170.
The Nominal GDP of the economy that produces two goods in 2015 is $320.
The Real GDP in 2015 using 2014 as base year is $250.
The GDP deflator of an economy that produces two goods is 1.28.
Gross domestic product is the sum of goods and services that a country produces in a year.
Nominal GDP is GDP calculated using current year prices. Real GDP is GDP that is calculated using base year prices.
GDP deflator is the ratio of prices of goods and services produced using current year prices and prices of goods and services using base year prices.
Nominal GDP in 2014: (15 x $2) + (20 x $7) = $170.
Nominal GDP in 2015: (20 x $4) + (30 x $8) = $320
Real GDP in 2015: (20 x $2) + (30 x $7) = $250
GDP deflator = (nominal GDP / real GDP) x 100
($320 / $250) x 100 = 1.28
To learn more about real GDP, please check: brainly.com/question/23126579?referrer=searchResults
Answer:
The question is missing some details,however find the complete question with the underlined figures being the missing ones below:
Assume that short-term rate, r1 = 6%, and that the expected market rates
<u>E(r 12 ) = 7 % and E(r 23 )</u> = 9 % . Also assume that the unbiased expectations theory holds such that the forward rates are identical to expected spot rates.
a. What should be the current price of a 3-year, $1000 bond with a 12% coupon rate? Assume annual coupon payments.
b. What is the yield-to-maturity for this bond?
a.The current price of the bond is $ 1,082.87
b.The yield to maturity is 8.74%
Explanation:
Find detailed computations of the bond price and yield to maturity in the spreadsheet attached.
Please note that in calculating the present of the bond i.e current price ,the rate changes from year to year as given in the question.
