Answer:
2.5%
Explanation:
Please follow the below mentioned steps in order to calculate a bond's current yield.
Step 1: Calculate annual bond payment (par value × coupon rate).
Step 2: Divide result from step 1 with 2 in order to convert it into semi-annual terms.
Step 3: Then divide the result from step 2 upon current market price and convert into a percentage.
Solution from step 1 to 3:
- Annual bond payment = $1000 × 6%
<em>ABP = $60</em>
- Semi-annual bond payment = $60 ÷ 2
<em>SABP = $30</em>
- Bond's current yield = $30 ÷ $1200 × 100
<em>BCY = 2.5%</em>
Https://www.archives.gov/museum/visit/index.html Information can be found here to answer your questions.
Economists believe that the wants of people are infinite.
<h3>What is want in economics?</h3>
These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.
People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.
Read more on want and scarcity here:
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Another way to achieve the same goals as minimum wage and wage control ( without keeping markets from reaching equilibrium levels) is to increase YOUR PERSONAL INCOME directly.
It's actually a very simple way of thinking. If your salary currently could not afford a certain lifestyle, in order to afford it you could either : Cut back your other expense and re-allocate or simply by getting more money
Answer:
A. All of these 3 other possible answers that are listed here are true reasons.
Explanation:
If we are to use wage the rate of change in wages or inflation, as a proxy for inflation in the economy, when there is unemployment, the number of persons searching for work is significantly greater than the number of jobs available for the people who are unemployed. What we mean is, the supply of labor is greater than the demand for it.
With the availability of many workers, there's little need for employers to "bid" for the services of employees by paying them good wages.
