Ocean Corporation Owns 30% of Woods Corp

question 97

True/False

Ocean Corporation owns 30% of Woods Corp.for which it paid $5.5 million and uses the equity method to account for the investment.Woods Corp.paid stockholders a $100,000 dividend.Therefore,the Investment in Woods Corp.account will decrease by Ocean's $30,000 proportionate share of the Woods.Corp.dividend.

Recognize the impact of economic policies and conditions on unemployment rates and inflation since the 1970s.

Understand how the unemployment rate is calculated and the limitations of official statistics.

Differentiate between cyclical, frictional, and structural unemployment.

Analyze the impact of discouraged workers on unemployment statistics.

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