Answer:
The answer is: underperform passive fixed-income indexes by an amount equal to fund expenses
Explanation:
According to Blake, Elton, and Gruber (The Journal of Business, 1993), the only people who benefit from actively managed bond mutual funds are those that work for the mutual funds and not their clients.
They discovered that when the mutual funds increased their fees in 1%, the total performance decreases in 1%.
True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.
Exports are equal to imports when Gdp is $8 trillion. if consumption is $5 trillion, investment is $1 trillion, and government purchases are $2 trillion
Given -
Gross Domestic Product = $8 trillion
Consumption Spending = $5 trillion
Investment Spending = $1 trillion
Government Purchases = $2 trillion
The GDP is calculated as follows -
Gross Domestic Product = Consumption + Investment + Government Purchases + Net Exports
Since other components are given, net exports can be calculated.
Net Exports = Gross Domestic Product - Consumption - Investment - Government Purchases
Net Exports = 8 - 5 - 1 - 2
Net Exports = 0
Therefore, Exports are equal to Imports
Learn more about GDP or Gross Domestic Product here
brainly.com/question/14768180
#SPJ4
Answer:
a) see attached image
b) Friday's slope = 1/2
c) Kwame's slope = 1/3
d) Kwame's budget line since it includes 60 fish on one side and 20 coconuts on the other.
e) Kwame is willing to pay more fish per coconut
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000
To calculate Boone's unemployment rate you'll use the formula:
Unemployment rate = number of people unemployed / labor force
Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.
The labor force is made up of everyone willing and able to work.
First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)
Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000
Finally, we are able to calculate the unemployment rate of Boone.
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
