Suppose There Are 100 Million in the Labor Force, and 6

question 376

Multiple Choice

Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose their jobs and 300,000 find jobs. The new total of employed is ________ and the new unemployment rate is ________.

• A) 100.1 million; 5.8 percent
• B) 100 million; 6.1 percent
• C) 94.1 million; 5.9 percent
• D) 93.9 million; 6.1 percent

Discuss the rationale behind academic integrity policies and suggest improvements.

Understand the implications of filing statuses and marriage on federal taxes.

Calculate Adjusted Gross Income (AGI) from various types of income and deductions.

Compute effective tax rates and understand their significance in tax planning.

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Definitions:

Matures

Refers to the final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Par-value

The par value of a bond, share of stock, or coupon as declared by the issuer.

Yield To Maturity

The total return anticipated on a bond if held until it matures, including all interest payments and the repayment of principal.

Zero-coupon Bonds

Bonds that do not offer interest payments but are sold at a deep discount to their face value, maturing at par.