Answer:
lower range 33.822 years
upper range 38.178 years
Explanation:
step 1:
48 -1 = 47
step 2:
(1 - 95%) / 2 = 0.025
step 3:
we look at the T distribution table for degrees of freedom (df) = 47, and α = 0.025; = 2.0117
step 4:
divide sample standard deviation by square root of sample size
7.5 years / √48 = 7.5 / 6.9282 = 1.0825
step 5:
multiply results from step 3 and 4
2.0117 x 1.0825 = 2.178
step 6:
for the lower range, subtract step 5 from sample mean
36 - 2.178 = 33.822
step 7: for the upper range, add step 5 with sample mean
36 + 2.178 = 38.178
Answer:
The answer is: The total value of GDP is $2 Billion
Explanation:
The formula for calculating GDP is:
GDP = C + I + G + (X – M) = $1,000 MM + $200 MM + $600 MM + $200 MM
GDP = $2,000 MM (or $2 Billion)
- consumption: $1 billion ($400 MM consumers + $600 MM businesses)
- investment: $200 MM (change in inventories)
- government: $600 MM
- exports - imports: $200 MM (no imports)
Answer:
The correct answer is: The second worker.
Explanation:
Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.
In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:
- Worker 1: <em>1000 per 1/2 hour (30 minutes)
</em>
- Worker 1: <em>2000 per 1 hour </em>
- Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
- Worker 2: <em>2550 per 1 hour
</em>
Then, the second worker is more productive.
Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par.-The correct statement is -<u>The bonds will sell at a premium if the market rate is 5.5</u>
Explanation:
The important point to be noted from the given question is that the bond is offered when the market rate is 6 percent.
So ,the bonds are said to selling at premium since the market rate has reduced from 6% to 5.5%
In this case it is right to say that -Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par.-The correct statement is -<u>The bonds will sell at a premium if the market rate is 5.5</u>
