Answer:
(B) the demand curve shifts leftward while the supply curve stays the same.
Explanation:
"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "
Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019
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.
Local Technology is an IT services company focused on building businesses through leveraging the best technology solutions.
Answer:
Explanation:
The journal entry is shown below:
Supplies expense A/c Dr $1,700
To Supplies A/c $1,700
(Being supplies account is adjusted)
The supplies expense is computed below
= Purchase value of supplies - supplies on hand at year end
= $2,100 - $400
= $1,700
For recording, this given transaction we debited the supplies expense account as the remaining balance is transferred to supplies expense and credited the supplies account
Answer:
A. 6.50 years
Explanation:
Let C represent consumer loans,
T represent T-bonds and
t represent T-bills
Portfolio duration = wC*dC + wT*dT + wt*dt
w = weight of...
d= duration of ....
Find the weights;
Total amount invested = 75 + 39 + 18 = 132 mill
wC = 75 / 132 = 0.5682
wT = 39 / 132 = 0.2955
wt = 18 /132 = 0.1364
Portfolio duration = (0.5682*3) +(0.2955*16) + (0.1364*0.5)
= 1.7046 + 4.728 + 0.0682
= 6.50 years
