This individual has experienced structural mobility
Structural mobility:
It happens when societal changes enable a whole group of people to move up or down the social class ladder. Structural mobility is attributable to changes in society as a whole, not individual changes.
In the first half of the twentieth century, industrialization expanded the U.S. economy, raising the standard of living and leading to upward structural mobility. In today’s work economy, the recent recession and the outsourcing of jobs overseas have contributed to high unemployment rates. Many people have experienced economic setbacks, creating a wave of downward structural mobility.
When analyzing the trends and movements in social mobility, sociologists consider all modes of mobility. Scholars recognize that mobility is not as common or easy to achieve as many people think. In fact, some consider social mobility a myth.
What is structural social mobility ?
The concept of structural social mobility refers to change in the social position of many people due to changes in society itself.
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Temperature danger zone is defined as the specified range of temperature at which micro organisms grow rapidly in food. The danger zone ranges from 40F to 140F. To keep food out of danger zone, cold food must be kept at or below 40F while hot food must be kept at or above 140F. From the question given above, three of the food fall in the temperature danger zone, but cottage cheese is still safe at 40F because of the fermentation process by which it was made and shell egg is still safe at 43F because it has shell to protect it. Thus, the correct answer is POTATO SALAD AT 46F.
Answer: Bank B is the better investment. In 10 years, her $2,000 will grow to $4,317.85, and with bank A, her $2,000 will grow to $3,700.
Explanation:
Bank A was offering 8.5% simple interest. $2000 with 8.5% simple interest. = A = P(1 + rt)
A = 2000(1+(0.085*10))
= 2000(1+0.85)
= 2000(1.85)
= 3,700
Bank B was offering 8% compounded annually
= A = P(1+r/n)^nt
A= 2000(1+8%/1)^1*10
A= 2000(1+0.08)^10
A= 2000(1.08)^10
A= 2000*2.1589
= 4,317.85
Answer:
The solution to the given problem is done in excel and an image of the solution is attached.
What is the bond's yield to maturity?
10.35%
What is the bond's yield to call?
10.13%
