Answer:
2%
Explanation:
The natural rate of unemployment is 4%
The actual rate of unemployment is 6%
Therefore, the cyclical unemployment can be calculated as follows
Cyclical unemployment= actual rate of unemployment-natural rate of unemployment
= 6%-4%
= 2%
Hence the cyclical unemployment is 2%
One bank offers a 2% variable rate loan, while a competitor offers a 3% fixed rate loan over the same period. It is likely better to choose the fixed rate loan, even though the interest rate is higher, because the rate on the
Answer:
The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.
Even though the fixed interest rate might be higher, it will not change and that guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.
Olive Maccones dies without a will. She has three sons and seven grandchildren. She owned a substantial amount of property. What happens to the property
Answer:
The property will be transferred according to the Statute of Descent and Distribution.
Explanation:
Intestacy is the situation where a person dies without leaving a will for the sharing of his estate.
When this happens the descent and distribution statute comes into play.
The heirs or next of kin are beneficiaries to the estate. Heirs can be be blood relatives, adopted children, adopted parent, or surviving spouse.
The line of descent is the order of beneficiaries that are from an ancestor. The line of descent can be direct such as sons, or collateral such as cousins.
In this case where Olive Maccones dies without a will and she has three sons and seven grandchildren, her estate will be distributed by a court based on the line of descent of her sons and grandchildren.
Financing options for post-secondary education:
a
Are limited for many students across the country.
b
Include scholarships, grants, student loans, and work study.
c
Are very expensive and outweigh the value of the education attained.
Answer:
B.
Explanation:
Federal grants can be defined as financial aid or grants provided by the US grants from the general federal revenue. These grants are provided by the government for various purposes, and one of those purposes are for monetary help for college and education.
The ways in which federal grants or financial assisstance is provided to students is through scholarships, grants, student loans, and work study.
Scholarships are based on academic merit, talents, etc. It is a type of free education that can be earned if students excel in their studies.
Grants is a financial aid that does not need to be repaid unless service, which is promised in return of grant, is done. Example of grants are TEACH, FSEOG, etc.
Work study are those financial aids that helps students to earn on their own for their fees by doing a part-time job.
So, the correct answer is option B.
Societies make decisions about what type of goods to produce by:
O A. determining which good is the scarcest.
O B. considering their people's wants and needs.
O c. differentiating between physical and human capital.
D. choosing which factor of production is most important.
Answer:considering their people wants and needs
Explanation:
Societies make decisions about what type of goods to produce by considering their people's wants and needs. The correct option is b.
What do you understand by the term goods?Goods are items that satisfy human wants and provide utility, for example, to a consumer purchasing a satisfying product. A common distinction is made between transferable goods, and services, which are not transferable.
A good is an economic good if it is useful to people but scarce about its demand so that the human effort is required to obtain it. In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them. Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, and almost anything owned or used daily that is not food-related.
A consumer good or final good is any item that is ultimately consumed, rather than used in the production of another good.
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A large personal care products company adopts a(n) ________ approach to gain a competitive edge in light of intense foreign competition and increasingly demanding customers. The company believes that uniform commitment to quality in all areas of its organization will promote a culture that meets customers' perceptions of quality.
Answer:
"Total quality management " is the correct answer.
Explanation:
TQM seems to be a management philosophy focused mostly on the idea that such a company can achieve long-term performance by making all its participants concentrate on enhancing efficiency and thereby providing customer loyalty, including low-level staff to their highest position representatives. This can be accomplished by the incorporation of all roles and processes relating to quality throughout the business.You want to buy an annuity that will pay you $1000 per year for 20 years. You find an account that will pay 4% per year, compounded annually. How much must you deposit today in order to fund this annuity?
Answer:
The amount to be deposited today = $13,590.33
Explanation:
The amount to be paid for the annuity would the sum equal to the present value of the cash flow from the annuity. The present value of an ordinary annuity is determined using the relationship below:
PV of annuity = A× ( (1-(1+r)^(-n) )/r
A- Annual cash flow
r- interest rate per annul
n- Number of years
PV- Present Value of annuity'
DATA
A-1000
r- 4%
n- 20
PV = 1,000 ×( (1 - 1.04^(-20))/0.04 =$13,590.33
The amount to be deposited today = $13,590.33
Select all of the purposes workplace technology can serve, as stated in the segment.
A. Facilitating communication
B. Increasing philanthropy
C. Improving profitability
D. Analyzing business information
E. Managing Employees
Answer:
Improving profitability
Analyzing business information
Facilitating communication
Explanation: Just took the test!
The purpose of the workplace technology is facilitating communication, improving profitability and analyzing business information. Thus option A, C and D are correct.
What is technology?Technology refers to the diversification as well as the modification of the Human surrounding. It is the implementation of the scientific knowledge in order to achieve the practical goals.
People can cross over or around walls due to technological advancement and scientific discoveries as they have access to the airplanes, cars, trains, and many other modes of transportation. It helps in various sectors, and communication today had become very easy.
Therefore, it can be concluded that Technology in the workplace is used to improve productivity, facilitate communication, and analyze financial data. Hence, option A, C and D are correct.
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Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of _________ pricing.
Complete Question:
Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of ________ pricing.
Group of answer choices
A. prescriptive
B. dumping
C. multipoint
D. predatory
E. leader
Answer:
C. Multipoint.
Explanation:
In this scenario, Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of multipoint pricing.
A Multipoint pricing refers to the situation, where two or more firms compete and a firm's pricing strategy in one market (international trade) basically has an impact on the rival firm's pricing strategy in another market (international trade).
Which of the following careers is most likely to require business skills?
Answer:
1, Communication skill,Leadership skill,Analytical skill
"A registered representative who has passed the Series 63 examination wishes to sell managed accounts to customers in differing states. Which statement is TRUE?"
Answer:
The remaining part of the question is:
Which statement is TRUE?
A. The registered representative needs no further licenses to sell managed accounts
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
C. The registered representative must post a surety bond prior to selling managed accounts
D. The registered representative is prohibited from selling managed accounts
Correct Answer:
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts .
Explanation:
Managed or wrap accounts are defined as "investment advisers" in most states. As such, the firm selling managed accounts must register as an investment adviser; and the individuals selling managed accounts for these firms must register as "investment adviser representatives" and pass either the Series 65 or Series 66 examination.
Prospective entrepreneurs can access data from ________ to obtain information on subjects such as population, business, and housing.
Answer:
the Census Bureau
Explanation:
Businesses use population statistics to help decide where to add jobs or open new stores, offices or other businesses in communities across the counrty.
Monopolistic competitors in the food industry, acting in their own self-interest, will often include a recyclable symbol on packaging used for their product as a means to
Answer:
Differentiate their products
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
examples of monopolistic competition are restaurants
A monopolistic firm in the food industry acting in their own self-interest, will often include a recyclable symbol on packaging used for their product to Differentiate their products. This is meant to communicate to consumers that they are different from other firms in the industry
Under Article 7 on "hard money loans" (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is:
Complete Question:
Under Article 7 on “hard money loans” (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is:
Group of answer choices
A. 10%.
B. 12%
C. 20%
D. As much commission as her borrower will agree to pay her.
Answer:
D. As much commission as her borrower will agree to pay her.
Explanation:
Under Article 7 on "hard money loans" (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is as much commission as her borrower will agree to pay her.
However, in some states a usury law has been passed to define the maximum rate of interest that may be charged on some hard money loans.
In real estate transactions, a hard money loan can be defined as a short-term loan or loans of last resort which is secured by a real property. These type of loans are mainly issued by the private investors (individuals or companies) rather than the common lenders such as credit union or a bank.
Francine is advertising her company's newest video-editing software and related products. She knows that best practice is to create 3-5 ads in each of her Search Ad groups. Why does Google make this recommendation?
a. More ads in an ad group increases the chances of showing more than one ad per auction.
b. More ads in an ad group means they receive a higher-quality score.
c. More ads in an ad group means lower bounce rates for landing pages.
d. More ads in an ad group means more options for success in an auction.
Answer:
d. More ads in an ad group means more options for success in an auction.
Explanation:
According not.Google when creating search Ad groups it is advisable to have 3 to 5 ads per group.
This is done because the more adverts that are included in a search the more the possibility of one of them meeting the needs of a person that is searching.
There is more chance that when the most relevant advert is being selected for an auction one of the ads created will be selected.
It is also recommended that ad rotation is optimised. Ad rotation is when the system chooses ideal advert for specific circumstance in each auction.
City Advertising Services hired a new accounting manager. He signed a contract for a new accounting information system, but his position did not specify whether he was authorized to do so or not. Which internal control procedure needs strengthening?
Answer:
Assignment of responsibilities
Explanation:
Assignment of responsibilities is the major part of any organization as it need the right person need to be assign for the right work. The word responsibilities is the major term in it as the employee need to understand their duties for a particular task. To make the responsibility to a particular employee involves the approval of specialization.
Therefore according to the given situation City Advertising Services has appointed a new head of accounts. He signed a contract for a new accounting system but his role did not state whether or not he was allowed to do so, here the company need to Assignment of responsibilities so that the work should be done in proper manner and can be achieved in a given period of time.
For an economy starting at potential output, a decrease in planned investment in the short run results in a(n):
Question:
For an economy starting at potential output, a decrease in autonomous expenditure in the short-run results in a(n):
A. increase in potential output
B. recessionary output gap
C. decrease in potential output
D. expansionary output gap
Answer:
The correct answer is B
Explanation:
A decrease in autonomous expenditure shifts the Planned Aggregate Expenditure curve downward thus creating a lower equilibrium output.
PAE = C + Ip + G + NX
where
PAE = Planned Aggregate Expenditure
C = consumption
Ip = Investment Spending
G = Government Spending
NX = Net Export
If an economy has its output equal to its potential, this will create a reduction in short-run equilibrium output leading to a recessionary output gap.
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Mark currently has a balance of $973.70 in an account he has held for 17 years. He opened the account with an initial deposit of $700. What is the simple interest on the account? (3 points)
Answer:
Simple interest= $273.7
Explanation:
Simple interest is the interest on earned on the principal amount invested only. Kindly note that under this system, only the principal amount invested would earn interest over the course of the investment period
Simple interest is calculated as follows:
Simple interest = Principal × Rate × Time
or
Simple interest = Future sum - Principal amount invested
DATA
Future sum- $973.70
Principal amount invested-700
Simple interest = 973.70 - 700=273.7
Simple interest= $273.7
Explain how the following transactions affect the accounting equation: assets purchased on credit rent paid in cash office furniture purchased for cash inventory bought on credit
Answer:
1. An increase in asset and an increase in liability
2. The decrease in asset cash.
3. An increase in assets and a decrease in cash.
4. An increase in inventory and an increase in liability.
Explanation:
The asset purchased on credit will increase the fixed asset account and it will also increase the account payable account. Thus, asset and liability have the same effect.
Rent paid in cash will decrease the company’s asset cash. While the office furniture purchased in cash will increase the assets in the account and cash will be reduced by the same amount. Further, the inventory purchased on credit will increase the inventory and it will also increase the liability by the same amount.
Answer:
edmentum/plato
Explanation:
Assets purchased on credit
In this case, the business purchases assets on credit; that is, the business is not paying cash right now. The business is thus incurring a liability here because it will have to pay the cash in the future. Thus, this transaction increases the assets (because the business purchases them), as well as the liability (obligation to pay in future), thereby balancing the accounting equation.
Rent paid in cash
Rent is an expense that a business has to incur. Thus, in this case, the business is spending cash; that is, it is losing “cash,” which is an asset. Also, because it is losing money, the value of the business (owners’ equity) also reduces. So this transaction decreases assets as well as owners’ equity, resulting in a balanced accounting equation again.
Office furniture purchased for cash
Office furniture is an asset that a business acquires. However, the business spends money—that is, cash (also an asset)—to purchase the furniture. Thus, there is an increase in one asset (furniture), and a decrease in the other (cash). This simultaneous increase and decrease in the assets results in a balanced accounting equation.
Inventory bought on credit
Inventory refers to stock of goods such as raw materials. Therefore, inventory is an asset that the business purchases. However, because the business buys it on credit, the business needs to make the payment in the future. The business is thus adding to its assets, and also incurring a liability (obligation to pay in the future). An increase in assets as well as liabilities leads to a balanced accounting equation again.
which careers you can enter after completing a training program and which careers require a college degree
Answer:
any career which is allowed
Explanation:
some Apprentice programs provide a mechanism for new workers to learn trades through a combination of paid on the job training and classroom instruction. Common apprentice occupations include plumber, electrician, heating and air conditioning technician, carpenter, machinist, and mechanic. Training typically lasts one to three years, but trainees receive pay during this time and there is generally no charge for the training. Research apprentice options in your area through your state apprenticeship office.
10. Sales Trainees engage customers and encourage them to purchase products or services. Candidates with strong verbal and interpersonal skills can often convince employers to hire them without any direct sales experience. Make sure you demonstrate drive and assertiveness in your approach to the employer. Conduct informational interviews with salespeople and other staff at target companies to showcase your communication skills. Many organizations have on the job training programs to educate trainees about their products and sales strategies.
A registered representative that wishes to recommend a variable annuity to a customer must make reasonable efforts to obtain the customer's:________
I liquidity needs
II investment time horizon
III existing assets including insurance holdings
IV intended use of the variable annuity
A. I and II only
B. III and IV only
C. I, II, III only
D. I, II, III, IV
Answer:
D. I, II, III, IV
1. liquidity needs
2. investment time horizon
3. existing assets including insurance holdings
4. intended use of the variable annuity
Explanation:
Before a registered representative gives recommendation on a variable annuity, the following actions amongst others should have been taken:
1. investment time horizon
2. liquidity needs
3. intended use of the deferred annuity
4. existing assets including life insurance
5. investment experience
6. investment objectives
8. obtain the customer's age,
9. annual income
10. financial situation and needs
Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future. Matthew eagerly accepts. Do they have a valid contract?
Answer:
Probably not, because the terms are not definite.
Explanation:
A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.
The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.
A valid contract has the following elements: offer, acceptance, agreement, and consideration.
In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.
So the contract is probably not valid because terms are not clearly defined.
"An investor that has been unaffiliated with the issuer for at least 3 months is permitted to sell restricted shares under Rule 144 without being subject to the volume restrictions, after having held the shares for:"
Answer:
six months
Explanation:
Restricted shares are form of securities that are gotten in private sales, from an affiliate of the issuer or through an issuing house. Basically, restricted securities are a form of compensation given to investors in exchange for providing start up capital to a company hence are issued through employee stock benefit plans, private placements, regulation offerings etc.
According to rule 144, before an investor could sell any restricted securities in the market place, such securities must be held for a certain period of time, usually six months for a reporting company, who is subject to the reporting requirements of SEC 1949.
However, where the issuer of the securities is not subjected to reporting requirements of SEC, then the investor could hold them for a period of one year.
Online transaction processing (OLTP) systems handle a company's routine ongoing business. In contrast, a data warehouse is typically
Answer:
Explanation:
Data warehousing is a system designed to collect and process data from different sources for the purpose of providing meaningful insight to the management.
Contrasting Online transaction processing that handles a company's routine ongoing business to data warehouse , data warehouse is designed to work with online transaction process as it provides the storage that the OLTP will be made use of in its routine analysis
The website of the Federal Small Business Administration has a self-help program called the ________, which helps prospective entrepreneurs focus on some of the factors they need to consider before starting their own business.
Answer:
C. Small Business Startup Kit
Explanation:
The small business startup is the guidance kit for the person who wants to become an entrepreneur. It can be come with the financial, legal, practical methods, business plan, website, etc
Here in the given scenario since the entrepreneur focused on some factors that need to be considered prior engaging in starting their own business
So here the correct option is C.
A customer in the 28% tax bracket wants to buy a municipal GO bond with a 7.5% yield that matures in 6 years. The tax-equivalent yield of this bond is
Answer:
10.42%
Explanation:
The computation of the tax-equivalent yield of this bond is shown below:
tax-equivalent yield = Tax free rate ÷ (1 - tax rate)
where,
Tax-free rate is 0.075
And, the tax rate is 28%
Now placing these values to the above formula
So, the tax-equivalent yield of this bond is
= 0.075 ÷ (1 - 0.28)
= 10.42%
We simply applied the above formula to determine the tax-equivalent yield of this bond and the same is to be considered
The idea that the natural rate of unemployment is increased following extended periods of unemployment is called:
Answer:
Hysteresis
Explanation:
Hysteresis is an economic term that describes a situation that persists even after the events that lead to that situation is removed.
For example if there was an increase in unemployment as a result of a recession. The recession ends and economic growth increases.
Unemployment may continue to increase despite the recession having ended.
Hysteresis implies that there is a time lag between when an input is applied and when the effect is felt.
A sophisticated client has expressed an interest in becoming more aggressive with their investment strategy. Her current portfolio consists of the following: $50,000 cash $200,000 in retirement accounts $100,000 in various individual stocks in different industries $100,000 in a balance fund She is willing to invest $25,000 for a minimum of 7 to 10 years and accepts that the investment can and will fluctuate in value over time. What investments would be the most appropriate?
Answer:
No options are available, but I would advice her to invest in a mid-cap growth fund. Mid-cap growth funds generally invest in stocks that are in the middle of the stock indexes like S&P 500, and they have a larger potential of growth than large-cap stocks. If she is willing to accept a higher risk, she could also invest in a small-cap growth fund since those stocks have an even larger growth potential.
Since the client knows that this investment carries a certain risk, and its value could vary a lot in time, it is a good option for her. Obviously she wants to make more money but she will need to take more risks also.
Under the Uniform Securities Act, which of the following negates a client's right to a civil suit for damages?
I. The advice that is the subject of the suit was given more than 3 years ago
II. The client has died
III. The client willingly signed a statement waiving the adviser's compliance with the provision of the act on which the suit is based
Answer:
C) I only.
Explanation:
According to the Uniform Securities Act, A civil case underneath the provisions of the United States must be filed in 3 years of the alleged infringement, or 2 years from the detection of the breach, whatever comes first.
Also, The passing of the consultant or the client doesn't really eliminate a civil liability prima facie case. Waivers to statements agreed to sign by the customer waiving adherence by the consultant with the provisions of this act on which the suit is focused aren't ever legitimate on the examination.
Therefore the option i is correct
What is the interest rate on an interest only loan, if the principal balance is $574,000, and the annual payment after year 1 is $24,108...?
Answer:
4.2%
Explanation:
Calculation for interest rate on an interest only loan
Using this formula
Interest rate on an interest only loan=Annual payment after year 1/Principal balance
Let plug in the formula
Interest rate on an interest only loan= $24,108/$574,000
Interest rate on an interest only loan= 0.042 ×100
Interest rate on an interest only loan=4.2%
Therefore the Interest rate on an interest only loan will be 4.2%
Lulu was hired to provide nutrition education to a Hispanic community in her area. Important factors to consider when writing or designing a program plan include(s):
Answer:
This question is incomplete, the options are missing. The options are the following:
A: The established and emerging scientific evidence from research findings
B: An organization’s mission and philosophy mandating health protection and promotion
C: Model nutrition objectives or standards published by expert groups that are pertinent to the community
D: All of the above
E: None of the above
And the correct answer is the option D: All of the above.
Explanation:
To begin with, when it comes to develop a new program working with a new community the most important factors to have in mind will always be the scientific evidence that can be used by the person in order to prove her statements and also the standards and objectives that she will use to provide the program correctly to the differents groups and that will be better if they are from experts that the community approves. Also other important point will the established of the organization's mission and philosophy regarding the protection of healt and its promotion because that will encourage the members of the community to keep the education going.