Question
In: Economics
Macroeconomic data for the country of XYZ for the years 2014 and 2015 are given as...
Macroeconomic data for the country of XYZ for the years 2014 and 2015 are given as
|
2014 |
2015 |
|
|
Output |
12,000 tons of carrots |
20,000 tons of carrots |
|
Unemployed |
100 workers |
50 workers |
|
Unemployment rate |
5% |
2% |
|
Population |
4000 people |
4400 people |
Assume that XYZ produces only carrots.
What is the difference in labour force between 2014 and 2015?
|
|||
|
|||
|
|||
|
Solutions
Expert Solution
Answer is “500”
2014
Unemployment rate = 5 % of labor force
Where labour force = employed + unemployed
If population is 4000, its 5 % is 200, but unemployed is 100, so labor force will be 2000 (half)
2015
Unemployment rate = 2 % of labor force
Where labor force = employed + unemployed
If population is 4400, its 2% is 88, but unemployed is 50, so labor force will be 2500 (2500 * 2/100 = 50 unemployed)
Rahul Sunny answered 2 years agoRelated Solutions
Macroeconomic data for the country of XYZ for the years 2014 and 2015 are given as...
Macroeconomic data for the country of XYZ for the years 2014 and
2015 are given as
2014
2015
Output
12,000 tons of carrots
20,000 tons of carrots
Unemployed
100 workers
50 workers
Unemployment rate
5%
2%
Population
4000 people
4400 people
Assume that XYZ produces only carrots.
What is the growth rate of average labour productivity between
2014 and 2015?
(Show your calculation
Question 31 options:
a)
Around 39.31%
b)
Around 19.31%
c)
Around 29.31%
d)
None of the above
The following information is available for Italiano Ices for the years 2015 and 2014: 2014 2015...
The following information is available for Italiano Ices for the
years 2015 and 2014:
2014
2015
market price of common stock
$38.30
$44.00
earnings per share
2.00
1.77
dividends per share
1.00
0.88
Requirements:
A. Calculate the dividend yield for both 2015 and 2014
B. Does the dividend yield appear to be low, moderate, or high?
What does your choice indicate about the company's strategy with
regard to paying dividends?
C. What caused the change in the dividend yield ratio...
Below are the quality costs data for a company for 2014 & 2015 2014 2015 Prevention...
Below are the quality costs data for a company for 2014 &
2015 2014 2015 Prevention $90,000 $110,000 Appraisal $50,000
$62,000 Internal Faliure $40,000 $34,000 External Faliure $62,000
$60,000 Sales: $5,100,000 $5,350,000 A) whats the precentage change
in the total quality index between 2014 & 2015 B) What is the
percentage change in the precention quality index between 2014
& 2015 C) What is the percentage change in the internal faliure
quality index between 2014 & 2015 ? D) Do...
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Below are the quality costs data for a company for 2014 &
2015 2014 2015 Prevention $90,000 $110,000 Appraisal $50,000
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$60,000 Sales: $5,100,000 $5,350,000 A) whats the precentage change
in the total quality index between 2014 & 2015 B) What is the
percentage change in the precention quality index between 2014
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KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2015, 2014, and 2013 2015 2014...
KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2015, 2014, and 2013
2015
2014
2013
Sales
$
450,688
$
345,264
$
239,600
Cost of goods
sold
271,314
216,826
153,344
Gross profit
179,374
128,438
86,256
Selling
expenses
63,998
47,646
31,627
Administrative
expenses
40,562
30,383
19,887
Total expenses
104,560
78,029
51,514
Income before
taxes
74,814
50,409
34,742
Income taxes
13,915
10,334
7,053
Net income
$
60,899
$
40,075
$
27,689
KORBIN COMPANY
Comparative Balance Sheets
December 31, 2015, 2014, and...
LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2014 and 2015 2015 2014 Gross...
LOGIC COMPANY
Comparative Income Statement
For Years Ended December 31, 2014 and 2015
2015
2014
Gross sales
$
19,000
$
15,000
Sales returns and allowances
1,000
100
Net
sales
$
18,000
$
14,900
Cost
of merchandise (goods) sold
12,000
9,000
Gross profit
$
6,000
$
5,900
Operating expenses:
Depreciation
$
700
$
600
Selling and administrative
2,200
2,000
Research
550
500
Miscellaneous
360
300
Total operating
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LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2014 and 2015 2015 2014 Gross...
LOGIC COMPANY
Comparative Income Statement
For Years Ended December 31, 2014 and 2015
2015
2014
Gross sales
$
19,000
$
15,000
Sales returns and allowances
1,000
100
Net
sales
$
18,000
$
14,900
Cost
of merchandise (goods) sold
12,000
9,000
Gross profit
$
6,000
$
5,900
Operating expenses:
Depreciation
$
700
$
600
Selling and administrative
2,200
2,000
Research
550
500
Miscellaneous
360
300
Total operating
expenses
$
3,810
$...
Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by...
Listed are the equity sections of balance sheets for years 2014
and 2015 as reported by Mountain Air Ski Resorts, Inc. The overall
value of stockholders' equity has risen from $ 2 comma 090 comma
000$2,090,000 to $ 6 comma 600 comma 000.$6,600,000. Use the
statements LOADING... to discover how and why this happened. The
company paid total dividends of $ 210 comma 000$210,000 during
fiscal 2015. a. What was Mountain Air's net income for fiscal
2015? b. How many...
SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014...
SMOLIRA GOLF CORP.
2014 and 2015 Balance Sheets
Assets
Liabilities and Owners’ Equity
2014
2015
2014
2015
Current assets
Current
liabilities
Cash
$
24,246
$
26,100
Accounts payable
$
25,184
$
29,100
Accounts receivable
14,448
17,200
Notes payable
20,000
12,800
Inventory
27,992
29,100
Other
13,571
18,100
Total
$
66,686
$
72,400
Total
$
58,755
$
60,000
Long-term debt
$
89,000
$
101,000
Owners’ equity
Common stock and paid-in
surplus
$
50,000
$
50,000
Accumulated retained
earnings
213,626
226,000
Fixed assets...
SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014...
SMOLIRA GOLF CORP.
2014 and 2015 Balance Sheets
Assets
Liabilities and Owners’ Equity
2014
2015
2014
2015
Current assets
Current liabilities
Cash
$
23,056
$
25,200
Accounts payable
$
24,284
$
28,200
Accounts receivable
13,548
16,300
Notes payable
13,000
11,900
Inventory
26,982
28,200
Other
12,671
19,900
Total
$
63,586
$
69,700
Total
$
49,955
$
60,000
Long-term debt
$
80,000
$
92,000
Owners’ equity
Common stock and paid-in
surplus
$
60,000
$
60,000
Accumulated retained
earnings
209,326
222,000
Fixed assets...
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