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Alina [70]
3 years ago
13

The following information is given for an economy: Labor Force of an Economy Number of People (millions) Total population 35.4 C

hildren under the age of 16 6.7 Retirees 6.6 Employed 18.5 Unemployed 1.9 Not actively seeking employment 1.2 Homemakers 0.5 Instructions: Round your answers to one decimal place. a. How much of the population is older than 16? million b. What is the size of the labor force? million c. What is the labor force participation rate? Type a message...
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
7 0

Answer:

a. 28.7 millions

b. 20.4 millions

c. 0.9231, or 92.31%

Explanation:

a. How much of the population is older than 16? million  

Number of population older than 16 = Total population - Children under the age of 16 = 35.4 – 6.7 = 28.7 millions

b. What is the size of the labor force? million

Labour force = Employed + Unemployed = 18.5 + 1.9 = 20.4 millions

c. What is the labor force participation rate?

Working age population = Total population – Children under the age of 16 – Retirees = 35.4 – 6.7 – 6.6 = 22.1 millions

Labor force participation rate = Labor force ÷ Working age population = 20.4 ÷ 22.1 = 0.9231, or 92.31%

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New Business Ventures, Inc., has an outstanding perpetual bond with a coupon rate of 11 percent that can be called in one year.
Virty [35]

Answer:

961.88

Explanation:

First, examine whether the bond will be called if interest rate falls to 9%. The call price is

1,000 + 125 = 1,222. Bond price at 9% yield will be

$110/0.13 > call price of 846.15

Bond will be called. The price of the callable bond therefore is:

=+[.60(846.15)+.40(1125)]/1.11+110/1.11 =961.88

8 0
3 years ago
Consider a file whose size varies between 4 kb and 4 mb during its lifetime. which of the three allocation schemes (contiguous,
uranmaximum [27]
Table/indexed.  
Let's look at the three options and see what their advantages and disadvantages are:  
Contiguous - In this scheme, the file is stored in contiguous blocks of the disk. It allows for easy random access of the data, but requires a contiguous sequence of blocks large enough to handle the entire file. Since the size of the file specified in this question varies quite a bit over it's lifespan, you're either going to be wasting a lot of space by having an allocation large enough to handle the maximum sized file, or the file will need to be copied whenever it grows and "bumps" into a file that was allocated after it. Because of this, this method is not the best.  
Linked - The file is stored as a single, or double linked list of file blocks. This allows for the file to grow or shrink as needed, using only the amount of space needed for the file. Unfortunately, this storage scheme doesn't allow for random access of the file contents and the file can only be accessed sequentially. The question for this problem doesn't specify how the file is being accessed, so as long as random access isn't required, then this would be a reasonable allocation scheme. But I'm assuming that random access will be required, in which case, this scheme isn't ideal.  
table/indexed - In this scheme, some disk blocks are used as tables to point to other disk blocks that actually contain the file data. It's almost as fast as contiguous allocation for random access of the file contents, yet allows for the growth and shrinkage of a file like linked allocation. As such, it handles all use cases at a relatively minor cost in total storage required. So this would be the most appropriate allocation scheme since the file access behavior wasn't specified in this question.
8 0
3 years ago
The deadweight loss caused by a profit-maximizing monopoly amounts to:_________
Semmy [17]

Answer: $225

Explanation:

Deadweight loss is caused by inefficient allocation of the resources or when both the supply and the demand for a product aren't in equilibrium.

The deadweight loss will be calculated as:

= 1/2 base × height

= 1/2 × 15 × 30

= $225

4 0
3 years ago
Which of the following has the greatest impact on your cash flow?<br>​
Delicious77 [7]

Answer:

Explanation:when cash comes In bills hit you hard

3 0
3 years ago
Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inven
belka [17]

Answer:

The total equivalent units for direct materials for October is  4,200

Explanation:

The Concept of Equivalent Units measures the number of units completed in terms of input element introduced in the process.

The Equivalent Units are Calculated on the units ending that is on  the Units Completed and Units of Closing Work in Process

Note that materials are added at the beginning of the process

<u>Units Completed</u>

Are 100% complete in terms of Raw Materials

Equivalent units = 3900 × 100 % = 3900

<u>Units of Closing Work in Process</u>

Are 100% complete in terms of Raw Materials

Equivalent units = 30 × 100 % = 300

Total Equivalent Units = 3900+300 =  4,200

6 0
3 years ago
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