Answer:
c. those waiting to be recalled to a job from which they had been laid off
Explanation:
Employment need not mean to be employed under a citizen it basically means to be working and earning, whether under permanent contract or under temporary contract.
Being on vacation do not mean to be unemployed it basically means to be on temporary leaves, and that the leaves might or might not be paid.
Involving one self into family business is also employed.
But a person who is removed from job and then is waiting for a call is clearly unemployed.
Answer:
$1,109
Explanation:
The computation of the yearly earnings is shown below:
Yearly earnings = Savings × Annual interest rate
= $9,900 × 11.2%
= $1,109
For computing the yearly earnings, we multiplied the saving with the annual interest rate so that the estimated amount can come
Answer:
Option A: consume less than they produce.
Explanation:
Economic Growth is simply defined as how much a country's GDP grows in one year.
GROSS DOMESTIC PRODUCT also known as GDP is said to be the total value of the goods and service that are produced in that country within one year period.
The higher a county's GDP, the better standard of living for the people within the country. It can get better if a country produce more. for a country to have a higher GDP, it must invest in human capital through education and training, it must produce goods that have value to be sold within the country or exported and others.
Answer: 3.5%
Explanation:
Expected return if there is a Boom:
= (0.75 * 0.15) + (0.25 * 0.05)
= 0.1250
Expected return if things go Bust:
= (0.75 * -0.05) + (0.25 * 0.05)
= -0.025
Expected return of Portfolio = ∑(Probability of market state * expected return of market state)
= (0.4 * 0.1250) + (0.6 * -0.025)
= 3.5%
