Answer:
The answers are:
Explanation:
In order for an individual to be considered unemployed, the individual must be over 18 years old, be currently out of job, but actively seeking a new job.
The current unemployment rate in the US is 3.7% (as of August 2019) while the unemployment rate in the EU is 6.2%.
In order for an individual to collect unemployment benefits, usually he or she must meet the following requisites:
- They must be out of work through no fault of their own.
- They must meet minimum earnings or job tenure requirements.
- They must be able, available, and actively seeking work.
Answer:
Explanation:
The money spent on domestically produced final goods and services: is equal to GDP.
<u>Gross domestic product, or GDP, is the total value of all final goods and services produced in the economy during a given year. </u>
GDP is used as a measure of the size of an economy and can also be used to compare the economic performance in other countries.
<span>Because interest income is usually the largest component of a bank's income, specifically for a commercial bank. (Investment banks earn more from fees and trading.)</span>
Answer:
A buyer's willingness to pay for a good plus the price of the good means the buyer is indifferent between buying the good and not buying it.
Surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.
Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.
Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.
Answer:
1. 26%
2. YES
3. $410,000
4. $250,000
Explanation:
1. Return on Assets = Net Profits/ Total Assets = 65,000/250,000 = 26%
2. Return on Assets should be beyond satisfactory for Kyzera because its performance is better than that of the industry average which is 12%
3. Total expenses for Kyzera can be derived from the formula: Total Revenue - Total Expenses = Net Profit.
Therefore 475,000 - Total expenses = 65,000.
Total expenses = 475,000 - 65,000 = $410,000
4. The average total amount of liabilities plus equity can be derived from the balance sheet equation that states that TOTAL ASSETS = EQUITY+LIABILITIES.
Therefore liabilities plus equity = $250,000