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3 years ago

Explain the differences between active and passive income. Which do you think is easier from an owner's standpoint, and why?

Business

1 answer:

stellarik [79]3 years ago

6 0

Answer:

Passive income is money earned on an investment, or work completed in the past that continues to make money without any additional effort. Active income, on the other hand, is money earned in exchange for performing a service. I would think active income is easier because it allows you to earn an income quickly and consistently. Passive income can take years to build.

Explanation:

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If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is ______________.

Jobisdone [24]

Answer:

The amount of cash received from the sale is $1,027,500

Explanation:

In this scenario we first have to know the number of bonds issued and then multiply it by the bond price which is given to us in the question.

The bonds have a total face value of 1,000,000 and one bond is issued at 102.75 which means that the face value of a single bond is 100.

Now in order to find the number of bonds issued we will divide the total face value by the face value of a single bond.

1,000,000/100=10,000.

10,000 bonds were issued at $ 102.75 now in order to calculate the total cash received we will multiply the number of bonds with the issue price.

10,000*102.75=1,027,500

4 0

4 years ago

According to the _____________, many African Americans live in areas where there has been a reduction in work for low-skilled wo

enyata [817]

According to the <u>b. skills mismatch hypothesis</u>, many African Americans live in areas where there has been a reduction in work for low-skilled workers.

<h3>What is the skills mismatch hypothesis?</h3>

The skills mismatch hypothesis is an attempt to explain the reduction in work for low-skilled workers, especially African Americans.

The skills mismatch hypothesis argues that skill demands in urban labor markets increase over time.

Unfortunately, African Americans do not have the job skills and educational attainments, unlike other population groups, thereby causing a skills mismatch.

<h3>Answer Options:</h3>

a. residential segregation theory

b. skills mismatch hypothesis

c. deindustrialization perspective

d. "wage of whiteness" perspective

Thus, according to the <u>b. skills mismatch hypothesis</u>, many African Americans live in areas where there has been a reduction in work for low-skilled workers, and African-American men in particular often do not have the skills required to secure work in the current economy.

Learn more about the skills mismatch hypothesis at brainly.com/question/7493146

#SPJ1

8 0

2 years ago

Renting a bicycle at a local Bike shop costs $30 for the first day and $10 for each additional day.

AfilCa [17]

You start with your first day = 30$ and then you add up 10 for each the keeping in mind that the first day you do not pay those 10$

c = 30+(d-1)*10; where d= number of days

5 0

3 years ago

The probability that a randomly selected education major received a starting salary offer greater than $52,350 is . The probabil

AveGali [126]

Answer:

<u>1. 0.0808</u>

<u>2. 0.5371</u>

<u>3. 58.2%</u>

<u></u>

Explanation:

The first part of the question, with the input data, is missing.

This is missing part:

<em>Assume that X, the starting salary offer for education majors, is normally distributed with a mean of $46,292 and a standard deviation of $4,320</em>

<h2>Solution</h2><h2 />

<em>Question 1: The probability that a randomly selected education major received a starting salary offer greater than $52,350 is ________</em>

Find the Z-score.

The Z-score is the standardized value of the random variable and represents the number of standard deviations the value of the random variable is away from the mean:

$Z-score=\dfrac{X-\mu}{\sigma}$

$Z-score=\dfrac{\$52,350-\$46,292}{\$4,320}=1.40$

$P(X>\$52,350)=P(Z>1.40)=P(Z$

The<em> standard normal distribution</em> tables give the cumulative probabilities as the cumulative area under the bell-shaped curve. P(Z>1.40) is the area under the curve that is to the right of Z = 1.40 or, what is the same, P(Z<-1.40) is the area to the left of Z = - 1.40.

Using the former, the table indicates P(Z>1.40) = 0.0808, which is 8.08%

<em>Question 2: The probability that a randomly selected education major received a starting salary offer between $45,000 and $52,350 is _______.</em>

Now you must find the area under the curve between the two Z-scores.

$Z(X=$45,000)=\dfrac{\$45,000-\$46,292}{\$4,320}=-0.30$

$Z(X=$52,350)=\dfrac{\$52,350-\$46,292}{\$4,320}=1.40$

Then, you must find the area between Z = -0.30 and Z = 1.40

That is P(Z<1.40) - P(Z < - 0.30) = P(Z > - 1.40) - P(Z < - 0.30)

= 1 - P(Z< -1.40) - P( Z < -0.30)

Now, you can work with the area under the curve to the left of Z = - 1.40 and to the left of Z = - 0.30.

From the corresponding table, that is: 1 - 0.0808 - 0.3821 = 0.5371

<em>Question 3. What percentage of education majors received a starting offer between $38,500 and $45,000? </em>

For X = $38,500:

$Z=\dfrac{\$38,500-\$46,292}{\$4,320}=-1.80$

For X = $45,000

Z = -0.3 (calculated above)

Then, you must find the area under the curve to the right of Z = - 1.80 and to the left of Z = - 0.3

P (Z > - 1.80) - P (Z < - 0.3)

1 - P (Z < - 1.80) - P (Z < - 0.3)

1 - 0.0359 - 0.3821 = 0.582 = 58.2%

5 0

3 years ago

air pollution causes capital to wear out more rapidly, doubling the rate of depreciation. How would this affect economic growth?

seraphim [82]

Answer:

The economic growth will be lower.

Explanation:

The rise in pollution and the doubling of the rate of depreciation will affect economic growth adversely. However, rapid wear and tear of capital will cost the person and it will reduce the purchasing power. Thus, lower purchasing power will result in lower economic growth. Moreover, pollution creates three main problems that are reduced labor productivity, rise in health problems, and loss of crop yield. So the reduction in all these factors will also slow down economic growth.

3 0

3 years ago