1. NewBank started its first day of operations with $6 million in capital. $100 million in checkable deposits is received. The bank issues $50 million of commercial loans. If required reserves are 8%, what does the bank balance sheets look like? Distinguish between required and excess reserves.
NewBank decides to invest $45 million in 30-day T-bills. What does the balance sheet look like after this transaction?
On the 3rd day of operations, deposits fall by $5 million. What does the balance sheet look like? Are the reserves sufficient?
To meet any shortfall in reserves in the previous question, NewBank will borrow the cash in the fed funds market. Management decides to borrow the needed funds for the remainder of the month. What does the balance sheet look like after this transaction?

Answers

Answer 1

NewBank's initial   balance sheet had $6M cash, $50M loans,$100M deposits, $4.48M required reserves,   and $51.52M excess reserves. After transactions,reserves were insufficient, so the bank borrowed $0.6M, resulting in $0.6M   cash, $95.6M assets,$101.6M liabilities, and $88M excess reserves.

How  is   this so?

The balance sheets for NewBank -

1. Assets -

 Cash -  $6 million  Loans -  $50 million  T-bills -  $0  Total assets -  $56 million

Liabilities -

   Deposits -  $100 million    Capital -  $6 million    Total liabilities -  $106 million

Required reserves -  $4.48 million (8% of $56 million)

Excess reserves -  $51.52 million (56 million - 4.48 million)

2. After NewBank invests $45 million in 30-day T-bills, the balance sheet looks like this -

Assets -

   Cash -  $0    Loans -  $50 million    T-bills -  $45 million    Total assets -  $95 million

Liabilities -

   Deposits -  $100 million    Capital -  $6 million    Total liabilities -  $106 million

Required reserves -  $7.6 million (8% of $95 million)

Excess reserves -  $88.4 million (95 million - 7.6 million)

3. After deposits fall by $5 million, the balance sheet looks like this -

Assets -

    Cash -  $0     Loans -  $50 million     T-bills -  $45 million     Total assets -  $95 million

Liabilities -

Deposits -  $95 million Capital -  $6 million Total liabilities -  $101 million

Required reserves -  $7.6 million (8% of $95 million)

Excess reserves -  $87.4 million (95 million - 7.6 million)

The reserves   are not sufficient because   they are less than the required reserves. The bank needsto borrow $0.6 million to meet the required reserve requirement.

4. After NewBank borrows $0.6 million in the fed funds market,the balance   sheet looks like this -

Assets -

  Cash -  $0.6 million   Loans -  $50 million   T-bills -  $45 million   Total assets -  $95.6 million

Liabilities -

  Deposits -  $95 million   Capital -  $6 million   Fed funds borrowed -  $0.6 million   Total liabilities -  $101.6 million

Required reserves -  $7.6 million (8% of $95.6 million)

Excess reserves -  $88 million (95.6 million - 7.6 million)

The bank now has excess reserves of $88 million.

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Related Questions

Primetime Incorporated is a retailer of sporting gear. It sells 500 pairs of a specific Nike sneaker each day. Nike, the supplier, takes a week (7 days) to deliver the order. For what quantity should the inventory manager place his/her next order?​

Answers

Answer:

3500 units

Explanation:

The quantity at which the Primetime inventory manager places his/her next order is the reorder point.

The reorder point is the minimum quantity of inventory that a business should have in its store.

The reorder point is calculated using the formula below.

(Average daily unit sales x delivery lead time) + safety stock

For Primetime, safety stock is not mentioned

reorder point =500 units x 7 days

=3500 units

The early modern belief that a nation's most important economic goal should be the accumulation of gold and silver is known as capitalism feudalism mercantilism colonialism

Answers

The early modern belief that a nation's most important economic goal should be the accumulation of gold and silver is known as: C. mercantilism.

What is capitalism?

A capitalism is sometimes referred to as free-enterprise system, market economy, or free market and it can be defined as a type of economy in which prices, products and services are being determined by the market or private owners, rather than the government.

What is mercantilism?

Mercantilism can be defined as an economic practice through which government in the early modern era used their economies to boost state power at the expense of the government in other countries, especially by ensuring that the level of exports exceed the level of imports, in order to accumulate wealth as gold and silver.

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Answer:

C mercantilism

Explanation:

took the quiz

name two of accounts used in commercial banks​

Answers

Current account

Saving account

Describe your motivation for becoming a licensed cosmetologist/manicurist.

please help ​

Answers

There are several facets to the beauty industry that may be explored, including hair, cosmetics, and fashion, and one of those facets is cosmetology.

It's pleasant and gratifying to be someone who helps other people look their best. A profession as a cosmetologist might be ideal for you if you take pleasure in doing manual labor and consider yourself to be someone who gets along well with others. This is further explained below.

What is a cosmetologist/manicurist.?

Generally, Manicurists are certified cosmetologists who focus only on providing manicures. You may get a gel manicure or French tips thanks to their skill with design and application. Moreover, they are well-versed in the care and treatment of nails.

In conclusion, You don't need an obsession with hair, cosmetics, and fashion to succeed in the cosmetology industry. Helping others shine visually is a rewarding and entertaining activity. Become a cosmetologist if you are outgoing, creative, and love using your hands.

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A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.

The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.


WHAT ARE THE ANSWERS TO THESE QUESTIONS?

What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?

Answers

Explanation:

Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.

For example, from this case, we observe that

although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."

Note That,  When the term is integrating often refers to the ability to keep to one's moral principles, such as honesty. And also, that ethics refers to the principles of right and wrong one might have.

Giving For  such example are, from this case, we observe that is:

Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."

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Relationship service marketing differs from traditional service marketing in that in relationship service marketing:
need satisfaction is approached from the standpoint of the "part."
the primary sales contact is through a trained marketing professional.
profitability is assessed on individual services.
the emphasis is on selling the service a customer requests.

Answers

In relationship service marketing, the correct statement is: need satisfaction is approached from the standpoint of the "part."

Relationship service marketing focuses on building and maintaining long-term relationships with customers. It recognizes the importance of understanding individual customer needs and preferences. Rather than solely emphasizing selling the service a customer requests, relationship service marketing aims to identify and fulfill the broader needs of the customer, even those they may not explicitly express. It involves tailoring services to meet individual customer requirements and building trust and loyalty over time. The primary goal is to develop strong, mutually beneficial relationships with customers, considering their specific needs and preferences as the foundation for delivering exceptional service.

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What is the answer I chose the one I thought was the answer

What is the answer I chose the one I thought was the answer

Answers

Answer: I think that ones the answer too

Answer:

c is

Explanation:

Read the statements below. Select "L" if the statement describes the Linux OS. Select "M" if the statement describes the Mac OS. Select "W" if the statement describes the Windows OS.

L - Linux
M - Mac
W - Windows

___code can be modified by users

____customer service provided by volunteers

___introduced the first GUI

___open source

____used by the majority of businesses

_____widely used in artistic fields

Answers

L - LinuxM - MacW - WindowsL - Linux

All the above statements describe Linux OS.

"Code can be modified by users" refers to the open-source nature of Linux."Customer service provided by volunteers" can be interpreted as a reference to the community-driven support for Linux."Introduced the first GUI" is not accurate, as the first GUI was actually introduced by Xerox PARC, but Linux certainly played a role in popularizing the use of GUIs in computing."Open source" refers to the fact that Linux's source code is freely available for users to view, modify, and distribute.

HELPPPP!!!! WILLL GIVE BRAINLEST!!!


It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement

Answers

Answer:

I'm pretty sure the answer is d

Explanation:

Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.

Answer:

D

Explanation:

The financial position (and changes in the financial position) is determined from the _____ and____.

Answers

The financial position (and changes in the financial position) is determined from the balance sheet and the statement of cash flows.

The balance sheet provides a snapshot of a company's financial position at a specific point in time, including its assets, liabilities, and equity.

The statement of cash flows, on the other hand, shows how cash is flowing in and out of the company during a specific period of time, including operating, investing, and financing activities.

Together, these two financial statements provide important information on a company's financial health, including its ability to meet its financial obligations, generate cash flow, and invest in growth opportunities.

By analyzing changes in these statements over time, investors and analysts can gain valuable insights into a company's financial position and make informed investment decisions.

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which one is not a step in assessing alternatives? optimum decision legality ethicalness economic feasibility practicality

Answers

Optimal decision. (To make the best decisions, economists ask: "What are the additional (marginal) costs and additional (marginal) benefits associated with the decision?" If the additional benefits are greater than the additional costs, a decision must be made. So the decision is a good one. )

Where are the best decisions made?

Optimal decisions are made when these two are in balance. That is, the marginal cost of a decision equals the marginal utility of the decision. This does not happen if the marginal cost is zero. Furthermore, a decision is considered good if its marginal utility is greater than its marginal cost.

What is an optimal decision tree ?

Overview. State-of-art decision tree techniques recursively apply heuristics to build each split independently, which may not capture the underlying characteristics of the dataset. The optimal decision tree problem attempts to solve this by building the entire decision tree at once to achieve global optimality.  

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Using C++, please code the following and provide proof it compiles appropriately. The investment company of Pickum \& Loozem has been recording the trading price of a particular stock over a 15-day period. Write a program that reads these prices and stores them in a sequential container and then sorts them into increasing order. The program should find and display a. The trading range (the lowest and the highest prices recorded). b. A sequence that shows how much the price rose or fell each day. Please use STL containers and STL algorithms whenever you can. Please include comments that explain what is going on at every function. Please initialize variables. Please avoid global variables Please do not hard code the length of an array instead of using a symbolic constant Please do not have multiple returns or redundant variables Please do not continue search after target is found Please do not use a break to terminate a loop Please do not manually adjust the loop control variable.

Answers

The provided C++ code reads and sorts trading prices, calculates the trading range (lowest and highest prices), and displays the daily price changes using STL containers and algorithms.

Certainly! Here's an example C++ code that fulfills your requirements:

#include <iostream>

#include <vector>

#include <algorithm>

// Function to calculate and display trading range (lowest and highest prices)

void calculateTradingRange(const std::vector<double>& prices) {

   double lowestPrice = *std::min_element(prices.begin(), prices.end());

   double highestPrice = *std::max_element(prices.begin(), prices.end());

   std::cout << "Trading Range:\n";

   std::cout << "Lowest Price: $" << lowestPrice << "\n";

   std::cout << "Highest Price: $" << highestPrice << "\n";

}

// Function to calculate and display price changes each day

void calculatePriceChanges(const std::vector<double>& prices) {

   std::cout << "Price Changes:\n";

   std::cout << "Day 1: N/A\n"; // No price change on the first day

   for (size_t i = 1; i < prices.size(); i++) {

       double priceChange = prices[i] - prices[i - 1];

       std::cout << "Day " << i + 1 << ": $" << priceChange << "\n";

   }

}

int main() {

   // Initialize the vector to store the trading prices

   std::vector<double> prices = { 45.5, 47.2, 46.8, 44.6, 43.9, 45.7, 42.1, 42.8, 43.5, 44.9, 46.3, 45.1, 44.6, 46.7, 47.2 };

   // Sort the prices in increasing order

   std::sort(prices.begin(), prices.end());

   // Call functions to calculate and display the results

   calculateTradingRange(prices);

   calculatePriceChanges(prices);

   return 0;

}

This code uses a std::vector<double> to store the trading prices, and it utilizes the std::min_element and std::max_element algorithms from the STL to find the lowest and highest prices. It also calculates and displays the price changes each day by iterating over the vector.

To compile and run this code, you can save it in a .cpp file (e.g., stock_prices.cpp) and use a C++ compiler. For example, if you have g++ installed, you can compile it using the following command:

g++ -o stock_prices stock_prices.cpp

This will generate an executable file named stock_prices. You can then run it using:

./stock_prices

The program will display the trading range and price changes based on the provided trading prices.

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Which of the following is an example of vertical integration?
a. Department of Justice's filing of an antitrust suit against the merger
b. The competition between Dish Network and Comcast
c. The intention of Comcast and Time Warner to merge
d. Comcast's acquisition of NBC Universal

Answers

The correct answer is d.

Comcast's acquisition of NBC Universal is an example of vertical integration, as it involves the combination of a content provider (NBC Universal) with a distribution platform (Comcast).

The other options do not involve vertical integration - a is about antitrust regulation, b is about competition between two companies, and c is about the intention to merge, but not the actual integration.

Platforms like Outbrain, Nativo and Taboola display your content to relevant audiences across some of the internet's top websites. Using these platforms lets you reach prospects at every stage of their buyer journey to build brand awareness and grow your audience.

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Use Laplace transform to solve the following initial value problems:
(a) y'- 2y + 2y = cost, y(0) = 1, y'(0) = 0.
(b) y)-y=0, y(0)=2, (0) = -2, (0)=0, "(0) = 0.
(c) y + y(t) = '(0) = 0. 0 1≤t<5 otherwise, y(0) 0,

Answers

The given initial value problems involve differential equations that can be solved using Laplace transforms.

In problem (a), the Laplace transform will be used to find the solution for the given equation and initial conditions. In problem (b), the Laplace transform will be applied to solve a different equation with specific initial conditions. Lastly, problem (c) requires applying the Laplace transform to find the solution for a differential equation with a piecewise function and initial condition.

(a) To solve the initial value problem y' - 2y + 2y = cost, y(0) = 1, y'(0) = 0, we first take the Laplace transform of both sides of the equation, substitute the initial conditions, and then solve for Y(s). After finding Y(s), we take the inverse Laplace transform to obtain the solution y(t).

(b) For the initial value problem y" - y = 0, y(0) = 2, y'(0) = -2, y''(0) = 0, we again take the Laplace transform of the given equation and apply the initial conditions. This will give us the transformed equation in terms of the Laplace variables. By solving for Y(s), we can then use the inverse Laplace transform to find the solution y(t).

(c) In the initial value problem y' + y(t) = '(0) = 0, 0 ≤ t < 5, and y(0) = 0, we encounter a piecewise function. We will apply the Laplace transform to the equation, taking into account the different intervals. By considering the initial condition and solving for Y(s), we can obtain the inverse Laplace transform to find the solution y(t) for the given differential equation.

Using Laplace transforms allows us to solve these initial value problems and find the solutions to the respective differential equations with their specific initial conditions.

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gross investment is ______. net investment is ______.

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Gross investment is the total amount of investment in fixed assets, and net investment is the gross investment less depreciation.

Gross investment is an economic term that refers to the total amount of investment in fixed assets, such as land, factories, machines, and technology. In contrast, net investment is the gross investment less the amount of depreciation. When a company invests in a new fixed asset, it adds to its gross investment. Depreciation, on the other hand, reduces the value of fixed assets over time. Therefore, net investment provides a more accurate measure of a company's investment in fixed assets.

Gross investment is the total amount of investment in fixed assets, such as factories, machines, and technology. Gross investment is often used to calculate a country's gross domestic product (GDP). Gross investment is an important economic indicator because it shows how much a country is investing in its infrastructure and future growth. Gross investment can be financed through savings, borrowing, or a combination of the two. Depreciation, on the other hand, refers to the reduction in the value of fixed assets over time. Depreciation is a normal part of any business's operation. Depreciation can be calculated using a number of different methods, but the most common is straight-line depreciation.

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Howard Garner proposed that an individual can possess eight different intelligences. Which of the following is NOT one of the eight intelligences? Spatial Logical Structural Intrapersonal

Answers

Interpersonal intelligence is not one of the eight intelligences proposed by Howard Garner. Interpersonal intelligence is the ability to understand and relate to other people.

Which of the following is NOT one of the eight intelligences?

Interpersonal

Interpersonal intelligence is not one of the eight intelligences proposed by Howard Garner, but it is still an important aspect of intelligence. Interpersonal intelligence is the ability to understand and relate to other people. This type of intelligence is important in many different fields, such as:

TeachingHealthcareBusiness

Interpersonal intelligence is not simply the ability to socialize or communicate with others. It also involves the ability to understand their feelings, motivations, and perspectives. This type of intelligence can be useful in resolving conflicts and building relationships.

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Which of the following is true about bonds?
A. The bond rating being changed from BBB+ to B would result in a lower required yield
B. The primary advantage to municipal bonds is that interest income received is not taxed by the federal government
C. Interest from mortgage bonds are not taxed by the Federal Government.
D. Spread to treasuries measures the difference between the coupon rate paid by a bond and the coupon rate paid by risk free security with the comparable maturity
E. Only bonds issued in the primary market are subject to prepayment risk

Answers

Answer:

B. The primary advantage to municipal bonds is that interest income received is not taxed by the federal government.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A municipal bond can be defined as a type of bond that is typically issued by a municipality, county, local government or state in order to finance or sponsor capital expenditures for the public such as water supply, construction of roads, etc.

Hence, the primary advantage to municipal bonds is that interest income received on this type of bond is not taxed by the federal government.

The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods.

Answers

The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods is known as "net profit." Net profit is an important financial metric for businesses, as it indicates the company's overall financial health and profitability.


To calculate net profit, one must consider various costs and expenses incurred in the business operation. Firstly, the cost of bringing goods into the store, also called the cost of goods sold (COGS), should be considered. This includes expenses like purchasing the products, shipping, and storage.

Secondly, operating expenses need to be taken into account. These include expenses associated with running the business, such as rent, utilities, salaries, and marketing efforts. Once you have the total costs and expenses, subtract them from the total sales revenue generated by selling the goods.Net profit = Sales revenue - (Cost of goods sold + Operating expenses)Understanding net profit is essential for businesses to make informed decisions about pricing, investments, and expansion.

By maximizing net profit, companies can increase their financial stability, reinvest in the business, and provide a return on investment for stakeholders. However, it's crucial to maintain a balance between cost reduction and maintaining product quality, as focusing solely on increasing net profit can lead to decreased customer satisfaction and long-term negative impacts on the business.

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What is your major(potential) in college?

Answers

going to school for my asn, getting my rn and bsn! i want to work in emergency medicine and when i get too old for that ill work in womens health

Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.

Answers

Answer:

B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.

Explanation:

robert is 17 years old. he lies to bouyers auto in order to induce it to sell him a new pickup. bouyers falls for this lie and sells him the pickup. in most jurisdictions, robert: a. may disaffirm and get his money back. b. may not disaffirm since he lied. c. must restore bouyers to its position before contracting with him. d. will receive his money less depreciation

Answers

This is because, in most jurisdictions, minors have the right to disaffirm (cancel) contracts they enter into, as they are considered to lack the legal capacity to enter into binding contracts. The fact that Robert lied does not necessarily prevent him from exercising this right. When a minor disaffirms a contract, they are generally entitled to a refund of any money paid.

Robert lied to Bouyers Auto in order to induce them to sell him a new pickup. In most jurisdictions, Robert may not disaffirm since he lied. Lying in order to induce a seller to sell a product is considered fraudulent misrepresentation, which is a breach of contract. Therefore, Robert must restore Bouyers to its position before contracting with him. This means that he will be required to return the pickup and receive his money back. However, Bouyers may deduct any depreciation of the vehicle caused by Robert's use of it before returning the money.

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The answer to the question is that in most jurisdictions, Robert may not disaffirm the contract and keep the pickup since he lied to Bouyers Auto in order to induce the sale.

However, the specific legal consequences for Robert's actions may vary depending on the jurisdiction and the specific circumstances of the case.

In general, minors (individuals under the age of 18) have the legal right to disaffirm (cancel) a contract they entered into while they were still a minor. This means that they can usually get their money back and return any goods they received under the contract. However, there are some exceptions to this rule, and one of them is when the minor lies or commits fraud in order to induce the other party to enter into the contract.

In Robert's case, he lied to Bouyers Auto in order to induce the sale of the new pickup. This means that he intentionally deceived the auto dealership in order to get them to sell him the vehicle. Since this constitutes fraud, Robert may not be able to disaffirm the contract and keep the pickup. Instead, he may be required to restore Bouyers Auto to its position before contracting with him, which could mean returning the pickup and potentially paying damages to the dealership.

It's worth noting that the specific legal consequences for Robert's actions may vary depending on the jurisdiction and the specific circumstances of the case. Some jurisdictions may allow minors to disaffirm contracts even if they committed fraud, while others may require minors to pay damages to the other party. It's best to consult with a legal professional to get specific advice on Robert's situation.

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for a monopolist, the market demand curve: a is also the demand for the monopolist's product. b is not important since the monopolist is the only producer. c is more elastic than the demand curve facing a perfectly competitive firm. d must be horizontal. e is equal to the monopolist's mr curve.

Answers

Option c.) is more elastic than the demand curve facing a perfectly competitive firm as the demand curve or the AR curve of a perfectly competitive firm is parallel to the horizontal axis, perfect elastic is the correct answer.

This means that the company does not control the price. The company assumes a price and sells the quantity of the product at that price. In a perfectly competitive market, a single firm faces a demand curve with infinite elasticity. In a perfectly competitive market, firms do not fix prices, but choose levels of production at which marginal costs equal market prices.

Under conditions of perfect competition, a firm can sell any quantity of goods at the prevailing price, so the firm's demand curve is perfectly elastic. So even a small price increase will result in zero demand. This suggests that the company does not control prices.

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Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.6 million are working part-time and 15.71 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.20 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 9.81 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places. What is the size of the total labor force

Answers

Answer:

the size of the total labor force is 26.09 million

Explanation:

The computation of the size of the total labor force is shown below:

The Size of the Total labor force is

= Employed + unemployed

= 4.6 million + 15.71 million + 3.20 million + 1.72 million + 0.86 million

= 26.09 million

Hence, the size of the total labor force is 26.09 million

We simply added the employed and unemployed one

The $/€ spot exchange rate is $1.52/€ and the 60-day forward exchange rate is $1.50/€. The forward premium (discount) is
a. the euro trading at an 8.0% premium to the dollar.
b. the euro trading at a 5.0% premium to the dollar.
c. the euro trading at a 7.9% discount to the dollar.
d. the euro trading at a 1.3% discount to the dollar.
e. none of the options

Answers

The forward premium (discount) is c. the euro trading at a 7.9% discount to the dollar.

Forward exchange rates are prices at which two currencies can be exchanged in the future. A currency exchange rate that is specified and agreed upon today but is transacted and paid for on a specific future date is known as a forward exchange rate. A forward exchange rate is calculated based on the spot exchange rate at the time the agreement is reached and takes into account the interest rate differentials between the two currencies involved. The forward exchange rate varies from the spot exchange rate due to factors such as interest rate differentials between the two currencies involved in the exchange.

The distinction between the two rates is expressed in terms of a forward premium (or discount).A forward premium is a situation in which the forward exchange rate is greater than the spot exchange rate. If the forward rate is less than the spot rate, a forward discount exists. In this case, the forward exchange rate is cheaper than the spot exchange rate. Forward premium/discount = [(Forward rate - Spot rate) / Spot rate] x (360/days of contract) So, [(1.50 - 1.52)/1.52] × (360/60)= -0.013 × 6 = -0.079= 7.9% discount Therefore, the correct option is c. the euro trading at a 7.9% discount to the dollar.

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Travis has an athletic shoe store and is currently preparing a market summary. To be most effective, the competition section of his market summary should

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Based on the provided information For Travis to be most effective, the competition section of his market summary that he  should do is to list both direct and indirect competitors.

What is market summary all about?

The concept about market summary lets to know about stock market and how buyers and sellers negotiate prices.

Therefore, Travis list both direct and indirect competitors when making summary.

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A _____ is a written document with detailed specifications that is used to request bids for equipment, supplies, or services from vendors.

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The answer is a request for proposal

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Taco Bell fast-food restaurant does not chop the lettuce and tomatoes and grate the cheese used to make its menu items, but hires someone outside the restaurant to perform these tasks. By _____ these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.
A. outsondling.
B. unbundling.
C. remarketing.
D. demarketing.
E. insourcing.

Answers

If the company  hires someone outside the restaurant to perform these tasks. By  outsourcing  these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.

What is outsourcing?

Outsourcing can be defined as the way in which a company or an organization decide to employ someone from outside of their organization to work from them.

Example a company can decide to outsource a person to work for them if they have too many uncompleted tasks to complete or when they have limited staff.

Therefore we can conclude that outsourcing has to do with recruiting someone outside a workplace.

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The Jenkins Division recorded operating data as follows for the past year: Sales $600,000 Net operating income $30,000 Average operating assets $200,000 Stockholders; equity $50,000 Residual income $14,000 For the past year, the return on investment was: 5% 15% 30% 25%

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To calculate the return on investment (ROI), we need the net operating income and the average operating assets. ROI is calculated by dividing the net operating income by the average operating assets and expressing it as a percentage.

Given:

Net operating income = $30,000

Average operating assets = $200,000

ROI = (Net Operating Income / Average Operating Assets) * 100

Substituting the values:

ROI = ($30,000 / $200,000) * 100

ROI = 0.15 * 100

ROI = 15%

Therefore, the return on investment (ROI) for the past year is 15%.

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Career connection Follow the instructions and record your work in the

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Make your interview as strong as you can because it could mean the difference between landing your ideal job or not.

What is Career connection ?

It is extremely valuable to seek the advice of an industry mentor, leader, or seasoned professional because you will not only learn about the person's specific job but also about the industry as a whole, how they got to where they are in the field, whether you would enjoy their work, and how to structure your own career goals from an industry expert.

Send a request for an informative interview through email or phone to the person's workplace to arrange a non-formal interview regarding their position.

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What is added to the price of goods and services at the time of purchase?​

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Answer:

VAT

Value Added Tax

______________'_''

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