Answer: Option (iv) is correct.
Explanation:
Frictional unemployment is always present in an economy. Frictional unemployment occur because of the transitions in the employment of the individuals. It is included in the natural unemployment, because it shows the minimum level of unemployment in the economy.
When a person quit his first job and looking for a new job, this is known as frictional unemployment.
So, option(iv) is correct.
Answer:
50 Years
Explanation:
The "rule of 70" is an <em>estimate </em>of how many years it will take something to double given a particular interest rate. To calculate, simply divide 70 by the interest rate:
70/1.4 = 50 years
Answer:
yield to maturity = 7.06%
Explanation:
yield to maturity (YTM) is calculated using the following formula:
YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]
- FV = $2,000
- PV = $1,902.14
- C = $2,000 x 6.48% x 1/2 = $64.80
- n = 12 x 2 = 24
YTM = {64.80 + [(2,000 - 1,902.14) / 24]} / [(2,000 + 1,902.14) / 2] = (64.80 + 4.0775) / 1,951.07 = 0.0353 or 3.53% semianually or 7.06% annually
Since the bond sells at a discount, its yield to maturity will be higher than the coupon rate.
Answer:
C. 280,000 270,000
Explanation:
Units Started and Completed: Total Units in Process during April - Work in Process Units at April 30
Equivalent Units of Production (Weighted Average Method): Units Started and Completed + Ending Inventory x % Completion
Units Started and Completed: 280,000 units - 25,000 units = 255,000
Equivalent Units of Production Materials: 255,000 + 25,000 x 100% = 280,000
Equivalent Units of Production Conversion Costs: 255,000 + 25,000 x 60% = 270,000