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3 years ago

In 2016, 59.7 percent of the adult population (253 million) was employed. If the employment rate increased to 62 percent,

Business

1 answer:

kolezko [41]3 years ago

8 0

Answer:

a. 5.819 million

b. $709918

Explanation:

Below is the calculation:

a. Total number of adult population = 253 million

Total employed adult = 253 x 59.7% = 151.041

Number of employed adult after increase in employment rate = 253 x 62% = 156.86

More people would be working = 156.86 - 151.041 = 5.819 million

b. GDP per capita is $122,000, so increase in GDP = 5.819 x 122000

Increase in GDP = $709918

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Answer:

c. 25 percent.

Explanation:

The computation of the reserve requirement percentage is shown below:

Given that

Deposits made = $8,000

Loans = $6,000

So the required reserve is

= deposits made - loans

= $8,000 - $6,000

= $2,000

Now the required reserve is

= $2,000 ÷ $8,000

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Hence, the correct option is c. 25 percent

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3 years ago

On-line Text Co. has four new text publishing products that it must decide on publishing to expand its services. The firm's WACC

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Answer:

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Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) which is shown below:

Expected return = Risk-free rate of return + Beta × (Market rate - Risk-free rate of return)

= 7% + 1.6 × (12%-7%)

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The Project W should be rejected as it gives only 14% expected return which is less than the derived expected return.

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3 years ago

When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redempt

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COMPLETE QUESTION:

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Answer: household demographics

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Consumer product firms such as Procter & Gamble that uses data collected by IRI to allocate scarce marketing resources don't collect consumer's data that includes household demographs because in allocating scarce marketing resources household demographs are not important data.

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3 years ago

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Baltimore Baking is preparing its cash budget and expects to have sales of $30,000 in January, $35,000 in February, and $35,000

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Answer:

The correct answer is $33,000.

Explanation:

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Jan sales = $30,000

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Feb sales = $35,000

So, Amount collected in March of Feb. = 40% x $35,000 = $14,000

Mar. sales = $35,000

So, March cash sales = 20% x $35,000 = $7,000

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Total cash receipts in march = Amount collected in March of Jan + Amount collected in March of Feb + March cash sales

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