I’m pretty confident it is C. It is my understanding that GDP and unemployment rates have an inverse relationship. When the economy is doing well you would expect the GDP to increase and the unemployment rate to decrease.
Answer:
(A) $ 2,602.34
(B) $ 4,156.97
(C) $ 8,233.47
(D) $ 46,796.64
Explanation:
We need to solve for the PMT of an ordinary annuity:
(A)
FV 24,850
time 8
rate 0.05
C $ 2,602.337
(B)
FV 1,030,000
time: 43
rate 0.07
C $ 4,156.972
(C)
FV 856,000
time 29
rate 0.08
C $ 8,233.466
(D)
FV 856,000
time 14
rate 0.04
C $ 46,796.641
Answer:
True
Explanation:
until the bond matures the market value of the bond will always be below its par value. Especially if the required rate of return on a bond (rd) is greater than its coupon interest rate.
Hence the statement is very true.
Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.
Answer:
Total no. of people employed:
= No. of people working part-time + No. of people working full time
= 4.9 million + 14.53 million
= 19.43 million
Total no. of people unemployed:
= People in the working age population who are not working and have looked for work in the past four weeks
= 2.90 + 1.72 million
= 4.62 million
Labor force = Total no. of people employed + Total no. of people unemployed
= 19.43 million + 4.62 million
= 24.05 million
Labor force participation rate:


= 0.6699
= 66.99%
Unemployment rate:


= 0.1920
= 19.20%