Think this is a keep most of your saving in your checking account
Learning.
Or at least I believe so. Are there multiple choice?
Answer:
Market price = $2,464.21
Explanation:
coupon rate = 5.86% / 2 = 2.93%
YTM = 4.3% / 2 = 2.15%
face value = $2,000
periods to maturity = 24 x 2 = 48
Present value of face value = $2,000 / (1 + 2.15%)⁴⁸ = $720.42
Present value of coupon payments = $58.60 x {[1 - 1/(1 + 0.0215)⁴⁸ ] / 0.0215} = $1,743.79
Market price = $2,464.21
Answer:
Employee satisfaction is the dependent variable because this variable is determined by the employees that are being surveyed, and the score of it on the 5-point scale depends entirely on the leadership style of their employers.
Leadership style on the other hand is an independet variable because it can be determined regardless of employee satisfaction, or in other words, employee satisfaction is an effect of leadership style, while leadership style is the cause.
Complete/Correct Question:
Assume that Brad and Theresa can switch between producing wheat and producing beef at a constant rate.
Minutes Needed to Make
1 Bushel of Wheat
Brad: 10
Theresa: 6
1 Pound of Beef
Brad: 12
Theresa: 10
Brad has a comparative advantage in the production of
a. wheat and Theresa has a comparative advantage in the production of beef.
b. beef and Theresa has a comparative advantage in the production of wheat.
c. both goods and Theresa has a comparative advantage in the production of neither good.
d. neither good and Theresa has a comparative advantage in the production of both goods.
Answer:
B, beef and Theresa has a comparative advantage in the production of wheat.
Explanation:
Firstly, let's define comparative advantage.
Comparative advantage can be said to be the ability to produce a product at a far lesser rate than is obtainable.
From the above question, it can be deduced that Theresa has a comparative advantage in the production of wheat going by the huge difference in the time needed to produce wheat.
On the other hand, Brad has a comparative advantage in the production of beef. This is because the time difference in the production time of wheat isn't the same with beef and as such Brad has some advantage in this regard.
Cheers.
