4. Briefly describe the two types of unemployment that Mankiw discusses and the causes of each.

Answers

Answer 1

Answer:

Explanation:

In his book "Principles of Economics," N. Gregory Mankiw discusses two types of unemployment: frictional unemployment and structural unemployment.

1.FRICTIONAL UNEMPLOYMENT : This type of unemployment occurs when individuals are between jobs or transitioning from one job to another. It is usually temporary and voluntary to some extent. Frictional unemployment can arise due to factors such as people searching for better job opportunities, recent graduates entering the job market, or individuals relocating to different regions.

STRUCTURAL UNEMPLOYMENT : Structural unemployment arises from imbalances in the labor market caused by changes in the structure of the economy. It occurs when there is a long-term decline in demand for certain types of skills or industries. Structural unemployment can be caused by technological advancements, globalization, shifts in consumer preferences, or changes in government policies. For example, automation replacing workers in manufacturing industries can lead to structural unemployment. This type of unemployment requires retraining or acquiring new skills to match the evolving needs of the labor market.

Overall, frictional unemployment is mainly caused by search and mobility frictions, while structural unemployment results from shifts in the structure of the economy and required adjustments in the workforce.


Related Questions

QUESTION 2 of 10: Your company offers continuous online training. If each online lesson is 20 minutes long, and there are 90 lessons, how
many hours will each employee complete to finish all the lessons?
a) 33
b) 1.5
c) 30
d) 90
Submit
Pricing & Sales

Answers

Answer:

c) 30

Explanation:

One online lesson takes 20 mins.

There are 90 lessons.

The total time required to complete the 90 lessons will be

=20Mins x 90 lessons

=1800 mins

In hours = 1800/60

=30 hrs

Which of these factors is an advantage to using cash?

Which of these factors is an advantage to using cash?

Answers

Answer:

B no fees or charges

Explanation:

Your welcome

Answer:

B.no fees or changes this is the right one

In 2017, judges continue to exercise a powerful influence over the contents of employment contracts by their use of implied terms.

Answers

Employment contracts will sometimes need contractual terms to be implied into them to make them workable and fill gaps where nothing was agreed between the employer and employee

describe factors that are used to identify an act or practice as being unfair, deceptive, or abusive (udaap).

Answers

There are some common factors that are generally considered when assessing whether an act or practice falls under UDAAP. These factors include; Substantial injury, Lack of consumer understanding, Deceptive representations, and Violation of established laws or standards.

Substantial injury or harm; The extent of harm or injury caused to consumers is a crucial factor in determining UDAAP. If the act or practice results in significant financial, physical, or emotional harm to consumers, it may be considered unfair or abusive.

Lack of consumer understanding; If an act or practice exploits consumers' lack of understanding or knowledge, it may be deemed deceptive or unfair. This includes misrepresenting or withholding important information that could affect consumers' decision-making process.

Deceptive or misleading representations; Making false or misleading statements, omitting important information, or engaging in deceptive advertising practices are key indicators of UDAAP violations. This includes false claims, deceptive pricing, hidden fees, or misleading product descriptions.

Violation of established laws or standards; If an act or practice violates existing consumer protection laws, regulations, or industry standards, it can be considered an indicator of UDAAP.

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T/F: In value-chain analysis, research and development is a broader concept than technology development.

Answers

The given statement " In value-chain analysis, research and development is a broader concept than technology development" is False.

In value-chain analysis, technology development is a subset of research and development (R&D). R&D encompasses all activities aimed at improving a product, process, or service, while technology development specifically refers to activities aimed at creating new or improving existing technologies.

Technology development is one aspect of R&D and is critical to many businesses, as it can lead to the creation of new products, processes, and services, and result in a competitive advantage for the company.

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TRUE/FALSE. attempting to achieve a task goal can decrease risky behavior

Answers

Attempting to achieve a task goal can decrease risky behavior - True

It is true that attempting to accomplish a task objective might reduce dangerous behavior. People are more inclined to act cautiously and deliberately to improve their chances of success when they are focused on completing a particular activity or goal. The elimination of impulsive or risky behaviors that can impede their progress towards obtaining the intended outcome might result from this enhanced attention and goal-oriented mentality.

Furthermore, having a specific target in mind frequently fosters a feeling of duty and purpose, motivating people to prioritize their activities and make decisions that are consistent with their goals. As a result, a person shoulf make more deliberate decisions and be less likely to engage in actions that might be dangerous or have unfavorable effects.

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Using productivity software ensures that the end product will look professional.

Answers

Answer: false

Explanation:

on edge 2021

Answer: The answer is false

Explanation:

props to the other dude, give them brainliest

Drew a bill upon Raman amounting to Rs 25000 and he accepted the bill.
Journal entry​

Answers

Answer:

left hand side; SALE

RIGHT HAND SIDE: 25000

Explanation:

the point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n):

Answers

The point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n) contraction.

What is contraction in the business fluctuation?

The term that is referred to as contraction in the business cycle is the point where the entire business can be said to be experiencing a decline or a decrease. This is the point that is known to happen after the business cycle. During this period, the business cycle would fall.

Hence we can say that the point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n) contraction.

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Write the names of sender and receiver of quotation letter in foreign trade.​

Answers

Answer:

Wydm

Explanation:

Which is an example of E-commerce? A. Hot dog stand B. Cable company C. Online boutique D. Car wash

Answers

An example of an E-commerce is an online boutique.

What is E-commerce?

E-commerce is a business that exists online. For example, if a person establishes sells items on a website or on a social media platform, the person is operating an e-commerce. An example of an e-commerce business is ASOS.

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Monopolistically competitive markets and perfectly competitive markets share some similarities but differ in a number of ways. One
such difference between the two is that monopolistically competitive firms (1 point)

Answers

Answer:

feature differentiated products

Explaination:

i just took the quiz

Answer: feature differentiated products

Explanation:

resources do not constrain the strategic thinking of an entrepreneurially managed company.
T/F

Answers

False. Resources do constrain the strategic thinking of an entrepreneurially managed company.

Resources play a critical role in shaping the strategic thinking of an entrepreneurially managed company. Entrepreneurs are individuals who identify and pursue opportunities by allocating resources to create value. However, the availability and allocation of resources directly impact the strategic decisions and actions taken by entrepreneurs.

Entrepreneurs must consider the limitations and constraints imposed by resources such as financial capital, human capital, technology, and physical infrastructure. The scarcity of resources often requires entrepreneurs to make strategic choices, prioritize certain initiatives over others, and find innovative ways to maximize the utilization of available resources. The lack of resources can restrict the range of options and possibilities for an entrepreneur, influencing their strategic thinking and decision-making.

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life insurance policies will normally pay for losses arising from

Answers

Life insurance policies are primarily designed to provide financial protection to beneficiaries in the event of the policyholder's death. As such, life insurance policies typically pay for losses arising from the insured's death.

Here are some common scenarios where life insurance policies provide coverage:

Death Benefit:

The primary purpose of life insurance is to pay a death benefit to the designated beneficiaries upon the insured person's death. The death benefit is a predetermined amount specified in the policy and is generally tax-free. Beneficiaries can use this payment to cover various financial obligations, such as funeral expenses, outstanding debts, mortgage payments, or living expenses.

Terminal Illness Benefit:

Some life insurance policies include a terminal illness benefit or accelerated death benefit. If the insured is diagnosed with a terminal illness with a limited life expectancy, the policy may allow for an early payout of a portion of the death benefit to help cover medical expenses or provide additional financial support during the person's final months.

Riders and Additional Coverage:

Life insurance policies can have optional riders or additional coverage that may pay for specific losses. For example, a policy might include a critical illness rider that provides a benefit if the insured is diagnosed with a specified critical illness, such as cancer, heart attack, or stroke. These additional benefits are separate from the primary death benefit and have specific conditions and limitations outlined in the policy.

It's important to carefully review the terms and conditions of a life insurance policy to understand the scope of coverage and any exclusions or limitations. Life insurance policies are typically not designed to cover losses arising from non-death-related events, such as disability or property damage. Different types of insurance, such as disability insurance or property insurance, are typically more appropriate for those specific needs.

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___ requrements are courses that build knowledge and skills in a specific field.

A. major
B. general studies
C. specialization
D. elective​

Answers

The Awnser is c specialization

D. elective requrement are courses that build knowledge and skills in a specific field

2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce

Answers

Explanation:

it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.

Choose the correct stage in the development of professional identity for the given definitions/statement. (5 pts)
"The individual has developed a system in which the personal and professional values are integrated. The individual reflects upon the professional practice and can make autonomous decision without the influence of others."
Independent Operator Team-Oriented Idealist Self-Defining Professional

Answers

The correct stage in the development of professional identity for the given definitions/statement is "Self-Defining Professional."

The correct stage in the development of professional identity for the given statement is "Self-Defining Professional." At this stage, the individual has achieved a high level of professional maturity. They have integrated their personal and professional values, allowing them to align their actions with their beliefs. They have gained a deep understanding of their professional practice and are capable of reflecting on their experiences and making independent decisions. They no longer rely on the influence of others to guide their actions and can confidently navigate their professional responsibilities. This stage represents a strong sense of autonomy and self-awareness in their professional identity.

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When using the periodic method, a company does not have a CMS account. The
company must therefore calculate the CMS in the Income Statement. Fill in the
appropriate amounts and $ signs when needed.
McAlister Co.
Partial Income Statement
For the month ending Feb. 28, 20X1
Juno Co.
Partial Income Statement
For the month ending Feb. 28, 20X1
Sales $12,500 $62,900
Beginning Inventory $150 $4,400
Purchases $6,600 $43,590
Purchase Returns & Allow. $40 $1,500
Purchase Discounts 20 60 (f) (g)
Net Purchases (a) $41,090
Freight-In 130 (h)
Cost of merchandise purchases (b) (i)
Cost of Merch. Available for Sale $6,820 (j)
Ending Inventory 310 3,600
Cost of Merchandise Sold (c) 43,300
Gross Profit (d) (k)

Answers

The cost of merchandise sold (CMS) for McAlister Co. is $43,300 and the gross profit is $8,200.

The CMS for Juno Co. is $62,300 and the gross profit is $1,600.

To calculate the CMS, we first need to calculate the net purchases. Net purchases are calculated by deducting purchase returns and allowances from purchases and adding purchase discounts. For McAlister Co., net purchases are $41,090. For Juno Co., net purchases are $42,990.

Once we have calculated the net purchases, we can calculate the CMS by adding freight-in to net purchases. For McAlister Co., the CMS is $6,820. For Juno Co., the CMS is $65,590.

Finally, we can calculate the gross profit by subtracting the CMS from sales. For McAlister Co., the gross profit is $8,200. For Juno Co., the gross profit is $1,600.

Here are the detailed steps for calculating the CMS and gross profit for each company:

McAlister Co.

Calculate net purchases:

Net Purchases = Purchases - Purchase Returns & Allowances + Purchase Discounts

Net Purchases = $6,600 - $40 + $20

Net Purchases = $41,090

Calculate CMS:

CMS = Net Purchases + Freight-In

CMS = $41,090 + $130

CMS = $6,820

Calculate gross profit:

Gross Profit = Sales - CMS

Gross Profit = $12,500 - $6,820

Gross Profit = $8,200

Juno Co.

Calculate net purchases:

Net Purchases = Purchases - Purchase Returns & Allowances + Purchase Discounts

Net Purchases = $43,590 - $1,500 + $60

Net Purchases = $42,990

Calculate CMS:

CMS = Net Purchases + Freight-In

CMS = $42,990 + $130

CMS = $65,590

Calculate gross profit:

Gross Profit = Sales - CMS

Gross Profit = $62,900 - $65,590

Gross Profit = $1,600

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If there is a permanent increase in a factor of production than the short run aggregate supply curve shifts:____.

Answers

If there is a permanent increase in a factor of production then the short run aggregate supply curve shifts leftwards.

Given that the factor of production increases in the economy.

We are required to find the effect of increase in factor of  production on aggregate supply curve.

Aggregate supply is the aggregate of the units supplied in the market by all the producers in the economy.

Factor of production includes all the labour, land ,capital.

When there is a permanent increase in a factor of production then the aggregate supply of the market decreases because the factor of production act as a cost of production which implies that the supply curve shifts leftwards from S1 to S2.

Hence if there is a permanent increase in a factor of production then the short run aggregate supply curve shifts leftwards.

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If there is a permanent increase in a factor of production than the short run aggregate supply curve

Which of the following is a Benifit of hat

Answers

Answer: Protect your face and head from sunburn.

Protect your eyes from the brightness of the sun, which can cause sun damage as you age.

Help to prevent skin cancers and skin damage.

Protect your head, face and ears from the cold and weather conditions.

Help to regulate your body temperature.

Explanation:

An enterprise has hired an outside security firm to conduct penetration testing on its network and applications. The firm has been given all the developer's documentation about the internal architecture. Which of the following BEST represents the type of testing that will occur?
A. Bug bounty
B. White-box
C. Black-box
D. Gray-box

Answers

The type of testing that will occur when an outside security firm is given all the developer's documentation about the internal architecture is White-box testing.

White-box testing, also known as clear box testing or transparent box testing, is a type of testing where the tester has complete knowledge and access to the internal workings and structure of the system being tested. In this case, the outside security firm has been provided with all the developer's documentation about the internal architecture, which means they have detailed information about the system's design, code, and implementation.

With this knowledge, the security firm can perform a thorough analysis and assessment of the system's vulnerabilities and weaknesses. They can closely examine the code, identify potential security loopholes, and test the system's resilience against various attack scenarios. This type of testing allows for a comprehensive evaluation of the system's security controls and helps in uncovering any potential vulnerabilities that may exist.

Therefore, in this scenario, the type of testing that will occur is White-box testing, as the security firm has access to the internal architecture and can conduct a detailed assessment of the system's security.

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Which of the following is an analysis that the channel steward does not need to perform when mapping a channel value chain?
A. Channel Power and Influence Analysis
B. Competitive Postures and Actions Analysis
C. Channel Capabilities and Cost Analysis
D. Customer Wants and Needs Analysis
E. Breakeven Analysis

Answers

The correct option is E. The analysis that the channel steward does not need to perform when mapping a channel value chain is the Breakeven Analysis.

When mapping a channel value chain, it is important to perform the following analyses: Channel Power and Influence Analysis, Competitive Postures and Actions Analysis, Channel Capabilities and Cost Analysis, Customer Wants and Needs Analysis,.

Breakeven analysis is an analysis done to determine at what point a product or service will cover the total costs and generate profit.

However, it is not directly related to channel mapping, and thus, is not needed by the channel steward when mapping a channel value chain.

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A 15-year loan requires month-end payments of $657.33 including interest at 9.8% compounded monthly What was the original amount of the loan? (Do not round Intermediate calculations and round your fin

Answers

A 15-year loan requires month-end payments of $657.33 including interest at 9.8% compounded monthly. So, the original amount of the loan is $ 87,119.28.

To find the original amount of the loan, we can use the formula for the present value of an annuity:

                                           PV = PMT x ((1 - (1 + r)⁻ⁿ) / r)

where PV is the present value (or original amount) of the loan, PMT is the monthly payment, r is the monthly interest rate (which is the annual interest rate divided by 12), and n is the total number of payments (which is 15 years x 12 months per year = 180 months).

Plugging in the values given, we get:
PV = $657.33 x ((1 - (1 + 0.098/12)⁻¹⁸⁰) / (0.098/12))
PV = $657.33 x ((1 - (1.00817)⁻¹⁸⁰) / (0.00817))
PV = $657.33 x (132.5417)
PV = $87,119.28

Therefore, the original amount of the loan was $ 87,119.28.

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Alexa hoped that a good outline will accomplish which of the following for her presentation

Answers

Alexa hoped that a good outline will accomplish to help her distinguish between main topics and subtopics.

What is the presentation?

A presentation refers to conveying information from a speaker to an audience. It includes an introduction, demonstrations, speeches, or lectures.

The missing options in the question are

help her distinguish between main topics and subtopics.Let her find how competing theories disagree with her ideas.Encourage her to describe in length the information on her slides.Enable her to use media more efficiently.

Alexa hoped that a good outline needs to accomplish for her presentation is to help her distinguish between main topics and subtopics.

Therefore, A is the correct option.

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1. Prepare the journal entries for Star Inc. For the month of December: 12/2 Purchased $20,000 of merchandise from Tang Corp., terms 1/20, n/40; FOB shipping point 12/3 The appropriate party paid $150 for shipping costs related to the 12/2 transaction 12/6 Returned $2,000 of merchandise to Tang Corp for credit 12/10 Sold $500 of merchandise to R. Smith, terms 2/10, n/30; cost of merchandise was $120; FOB shipping point 12/11 The appropriate party paid $20 for shipping costs related to the 12/10 transaction 12/18 Received the balance due from R. Smith 12/21 Paid Tang Corp the balance du

Answers

Answer:

1.Purchases (Dr.) $20,000

Accounts Payable (Cr.) $20,000

2.Shipping cost (Dr.) $150

Cash (Cr.) $150

3.Purchase return (Dr.) $2,000

Purchases (Cr.) $2,000

4.Account Receivable (Dr.) $500

Sales (Cr.) $500

5.Freight expense (Dr.) $20

Cash (Cr.) $20

Explanation:

The journal entry at the time of purchase will be recorded as accounts payable for complete invoice amount and discount is not incorporated in the entry because it is not realized. The adjusting entry will be recorded when the discount is availed to adjust the transaction and reflect the discount effect in the book of accounts.

in what situation would it be beneficial to use a rent-to-own agreement to buy a television?

Answers

A rent-to-own agreement to buy a television can be beneficial in situations where individuals may not have the upfront funds to purchase the television outright or are unable to qualify for traditional financing options.

Rent-to-own agreements provide an alternative method of acquiring goods by allowing individuals to make regular rental payments with the option to purchase the item at a later date. This can be advantageous for individuals who need immediate access to a television but do not have the financial means to make a full payment upfront.

One situation where a rent-to-own agreement for a television can be beneficial is when someone needs a television for a temporary period, such as during a short-term stay or for a specific event. Renting the television with the option to own it later allows flexibility without committing to a long-term purchase.

Additionally, individuals with limited or poor credit history may find it challenging to secure financing through traditional means. Rent-to-own agreements often have more lenient credit requirements, making them accessible to a broader range of individuals.

However, it is important to consider the terms and conditions of the rent-to-own agreement, including the total cost of ownership, interest rates, and any additional fees. Evaluating the financial implications and comparing the overall cost to alternative purchasing options is crucial to ensure that the rent-to-own agreement remains a financially viable choice.

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1. Do you think it's really important to start saving for retirement as early as possible? Why or
why not?

Answers

Yes, I think it is important to save for retirement as early as 18 years old. I think this so that if anything goes wrong you can have kind of like a safety net.

a partner has express authority to do whatever he or she is authorized to do by the articles of partnership

Answers

True. In a partnership, the partners' authority to act on behalf of the partnership is typically defined in the articles of partnership or partnership agreement.

Express authority refers to the specific powers and responsibilities granted to a partner as outlined in these governing documents. If the articles of partnership explicitly authorize a partner to perform certain actions or make decisions, then that partner has the express authority to do so. This means they have the power and authorization to act on behalf of the partnership within the scope of their designated responsibilities.

However, it's important to note that express authority can vary depending on the specific provisions outlined in the articles of partnership. It is crucial for partners to review and understand these provisions to ensure they are acting within the boundaries of their authorized powers and responsibilities.

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the leverage ratio is calculated as a. assets divided by bank capital. b. the required reserve ratio multiplied by bank capital. c. assets minus liabilities. d. the reciprocal of the required reserve ratio.

Answers

The leverage ratio is calculated as assets divided by bank capital.

What is leverage ratio?
A leverage ratio is any of several financial measurements which examine how much capital is in the form of debt (loans) or evaluates a company's ability to meet its financial obligations. The leverage ratio category seems to be important because businesses rely on a combination of equity and debt to fund their operations, and knowing how much debt a company has is useful in determining whether it can pay off of its debts as they become due. Far to much debt can indeed be hazardous to a business and its investors. Even so, if a company's operations generate a higher return on investment than that of the interest rate on it's own loans, debt may be used to fuel growth.

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The ratio of the price of two goods on a graphed budget line is measured by its:.

Answers

There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.

What is a budget line

This is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.

The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.

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while caring for a client diagnosed with anorexia nervosa, a nurse anticipates that the client would have difficulty making which comment? write a story to illustrate the saying the early bird catches the fastest web. Will a truck that is 12 feet wide carrying a load that reaches 10 feet above the ground clear the semi elliptical arch on the one-way road that passes under a 44 foot bridge If a 15% increase in price for a good results in a 20 percent decrease in quantity demanded, the price elasticity of demand is. Given the area of the region bounded by the curve y = x - 2, the y-axis and the lines y=2 and y=7. a. Express x as a function of y. b. Sketch the graph using x is a function of y showing the area under the curve for y = 2 to y = 7. c. Evaluate the total area under this curve along y-axis. The largest contribution to the stabilization of glycerol binding in GK is most likely due to which type of interaction?Hydrophobic interactionsAromatic interactionsHydrogen bonding interactionsDisulfide bonding interactions Say that you see a consumer loan at 15% b and you know that this lender borrows at 10%. what probability of repayment is this loan company expecting? Identify three selection pressures rhat Darwin would have had to rule out before determining that competition for limited food resources drive natural selection on the Galapagos Island. the speed at which the package hits the ground is really fast! if a package hits the ground at such a speed, it can be crushed and also cause some serious damage on the ground. which of the following would help decrease the speed with which the package hits the ground? What is one problem you will have in school without gravity What is the second law of thermodynamics simple terms? WILL GIVE BRAINLYEST 13 POINTS!!! PLS HELP a key characteristic of a partnership is that each partner a. is capable of legally contracting. b. must manage the business. c. must contribute capital to the business. d. shares in company assets upon the dissolution of the partnership. (Comprehensive problem) You would like to have $79,000 in 13 years. To accumulate this amount, you plan to deposit an equal sum in the bank each year that will earn 6 percent interest compounded annually. Your first payment will be made at the end of the year. a. How much must you deposit annually to accumulate this amount? b. If you decide to make a large lump-sum deposit today instead of the annual deposits, how large should the lump-sum deposit be? (Assume you can earn 6 percent on this deposit.) c. At the end of year 5, you will receive $20,000 and deposit it in the bank in an effort to reach your goal of $79,000 at the end of year 13. In addition to the lump-sum deposit, how much must you invest in 13 equal annual deposits to reach your goal? (Again, assume you can earn 6 percent on this deposit.) a. How much must you deposit annually to accumulate this amount? $(Round to the nearest cent.) b. If you decide to make a large lump-sum deposit today instead of the annual deposits, how large should the lump-sum deposit be? $ (Round to the nearest cent.) c. If you deposit $20,000 received at the end of year 5 in the bank, how much will it grow to in the account at the end of year 13? $(Round to the nearest cent.) In addition to the lump-sum deposit, how much must you invest in 13 Sneakers at Mr. Lou's garage sale cost the same price. Alexander paid $90.52 for four pairs. How many pairs of sneakers did Justin buy if he paid $135.78? Write a proportion and use cross products to solve for d, the number of sneakers that David bought Is overrepresentation of Black children in special education,particularly males, a problem public health should address? the angular resolution of a telescope determines the smallest angle between two points that can be distinctly seen as two points A passenger car weighs 4. 5 times 10 Superscript 3 units. Which unit of measure was used? grams ounces pounds tons. George is reading a book. On Monday he reads 1/3 of the book. On Tuesday he reads three - tenths of the remaining pages. He has 35 pages left to read. How many pagesare in the book? 2 poit2. For the question above, the measurement 0.2002 grams is ameasurement of what type of property?*wMassVolumeDensityTemperature