Estimating the returns to education using wage-schooling locus while controlling observable determinants will over- estimate the rate of return to schooling."" True or False

The financial manager of the company should construct a portfolio of bonds that would guarantee the payment of 2,000,000€ in four years.

The portfolio should consist of 20% zero-coupon bonds with a maturity value of 1,000€ that mature in 3 years and 80% coupon bonds with a face value of 1,000€, annual coupon of 7% that is paid semiannually and maturity in two years and a half. This composition of the portfolio would guarantee the payment of 2,000,000€ in four years, assuming an annual effective yield to maturity of 5%.

For the zero-coupon bonds, the calculation for the amount of bonds needed is:

Amount of Bonds = Face Value x [1/(1+r)n]

where r is the effective annual yield to maturity and n is the number of years the bond has left until maturity.

For the zero-coupon bonds, the calculation is: 1,000€ x [1/(1+0.05)3] = 867.01€.

For the coupon bonds, the calculation is: 1,000€ x [1+(0.07/2)]2.5] = 1,172.99€.

Therefore, the total amount of bonds needed is 867.01€ + 1172.99€ = 2040.00€.

In order to ensure that the company pays 2,000,000€ in four years, the portfolio should consist of 20% zero-coupon bonds and 80% coupon bonds. Thus, the exact composition of the portfolio should be 867.01€ zero-coupon bonds and 1172.99€ coupon bonds.

Learn more about bonds : https://brainly.com/question/25965295

#SPJ11

a.  Growth Rate of Brazil's Real GDP = 4.28%

b.  Growth Rate of  Brazil's Real GDP per Person = 3.59%

c. The approximate number of years it takes for real GDP per person in Brazil to double if the 2012 growth rate of real GDP  is  19.5

Growth Rate of Real GDP = (Real GDP in 2012 - Real GDP in 2011) / Real GDP in 2011 * 100

Growth Rate of Real GDP = (1,585 - 1,520) / 1,520 * 100

Growth Rate of Real GDP = 4.28%

The growth rate of real GDP per person can be calculated using the formula:

Growth Rate of Real GDP per Person = (Real GDP per Person in 2012 - Real GDP per Person in 2011) / Real GDP per Person in 2011 * 100

Real GDP per Person in 2011 = 1,520 / 195 = 7.79

Real GDP per Person in 2012 = 1,585 / 196.5 = 8.07

Growth Rate of Real GDP per Person = (8.07 - 7.79) / 7.79 * 100

Growth Rate of Real GDP per Person = 3.59%

The approximate number of years it takes for real GDP per person in Brazil to double can be calculated using the rule of 70. The rule of 70 states that the number of years it takes for a variable to double is approximately 70 divided by the annual growth rate of the variable.

Number of Years to Double = 70 / Growth Rate of Real GDP per Person

Number of Years to Double = 70 / 3.59

Number of Years to Double = 19.5

Therefore, it would take approximately 19.5 years for real GDP per person in Brazil to double if the 2012 growth rate of real GDP and the population growth rate are maintained.

To know more about Growth Rate  click on below link:

https://brainly.com/question/14263843#

#SPJ11

David Ricardo and his fellow economists would have been very happy to learn that "Homo sapiens engaged in specialization and trade to a greater extent than did the Neanderthals." Thus, Option D is correct.

This is because Ricardo and his fellow economists were strong proponents of specialization and free trade. They believed that specialization allowed for more efficient production and that free trade allowed for the exchange of goods and services to the mutual benefit of all parties involved. Therefore, the fact that Homo sapiens engaged in specialization and trade to a greater extent than did the Neanderthals would have been seen as evidence supporting their theories.

Learn more about Homo sapiens https://brainly.com/question/5176769

#SPJ11

The term which will not be included in GDP is your purchase of your neighbor's 2015 Toyota. The correct answer is option c. your purchase of your neighbor's 2015 Toyota.

GDP, or Gross Domestic Product, is a measure of the total value of all goods and services produced within a country's borders during a specific time period. It includes all final goods and services produced by the residents of a country, regardless of the nationality of the producers.

However, GDP does not include the value of used goods, such as a 2015 Toyota purchased from a neighbor. This is because the value of that car was already included in the GDP for the year it was originally produced and sold, so including it again would result in double counting.

Therefore, option c. your purchase of your neighbor's 2015 Toyota would NOT be included in the GDP for 2019.

For such more question on GDP:

https://brainly.com/question/8152086

#SPJ11

If per capita energy usage has leveled off while per capita GDP has risen, then it means that each dollar of output produced required a larger amount of energy, which is true.

A progressive tax rate is when taxes increase as the income increases. A regressive tax rate is when taxes decrease as the income increases.

1-In the market for loanable funds:
a-A decrease in saving will reduce the interest rate.
b-An increase in available bank lending will increase the interest rate.
c-An increase in borrowing for investment will increase the interest rate.
d-A decrease in government borrowing will increase the interest rate.

2-The Federal tax system is:
a-Proportional while state and local tax structures are largely progressive
b-Progressive while state and local tax structures are largely regressive
c-Regressive while state and local tax structures are largely proportional
d-Regressive while state and local tax structures are largely progressive

3-If per-capita energy usage has leveled off while per capita GDP has risen, then it must mean that each dollar of output produced required a larger amount of energy.
a-True

In the market for loanable funds, when the saving decreases, there will be fewer funds available to borrow, so the interest rate will decrease. In the Federal tax system, a proportional tax rate is when taxes are the same rate no matter what the income.

Learn more about progressive tax: https://brainly.com/question/1601662

#SPJ11

This ensures that the expected payoff for each player is zero, and there is no incentive for either player to deviate from this strategy.

This game is a simultaneous, zero-sum game. It can be expressed in normal form as follows:
Rock
   0, 0
   -1, 1
   1, -1
Paper
   1, -1
   0, 0
   -1, 1

Scissors
   -1, 1
   1, -1
   0, 0
The set of possible actions for each player are Rock, Paper, and Scissors. The set of possible strategies for each player are to choose one of these actions.

There are no pure strategy Nash equilibria in this game, as each player can always do better by choosing a different action. However, there is a mixed strategy Nash equilibrium where each player chooses each action with equal probability (1/3 for each action). This ensures that the expected payoff for each player is zero, and there is no incentive for either player to deviate from this strategy.

To learn more about Incentive :

https://brainly.com/question/30729243

#SPJ11

(a) In the Cournot equilibrium, each firm produces a quantity such that its marginal revenue equals its marginal cost.

(b) In the duopoly Cournot equilibrium, the firms now produce a quantity such that their combined marginal revenue equals their marginal cost.

(c) If all the firms in the market merge, then they become a monopolist.

This leads to the equation p = MC = 0, which gives q1 = q2 = q3 = 1/3. Each firm has a profit of π = (1/3)*[1-(1/3)] = 1/9.

This leads to the equation p = MC = 0, which gives q1 + q2 = 1. This implies q1 = 1/2 and q2 = 1/2. Each firm has a profit of π = (1/2)*[1-(1/2)] = 1/4. The result of the duopoly is higher profits for the two firms due to increased market power.

The monopolist will produce a quantity such that its marginal revenue equals its marginal cost. This leads to the equation p = MC = 0, which gives q = 1. The monopolist has a profit of π = [1-(1)] = 0.

To know more about Cournot equilibrium click on below link:

https://brainly.com/question/16199625#

#SPJ11

The demand for passenger cars in India is determined by various factors, including the cost of the cars, the availability of financing, disposable incomes, and the preferences of potential buyers.

The law of demand, technically speaking, does work in an auto-maker. This law states that there is an inverse relationship between price and demand, meaning that as price increases, demand will decrease. As a new global auto maker planning to enter the Indian auto market, it is important to consider various demand aspects. These include understanding the needs and wants of potential customers in terms of the cost, financing, availability, and preferences for various models. Additionally, it is important to research the levels of disposable income in different parts of India, and analyze the role that non-urban areas play in the demand for cars.

Learn more about demand: https://brainly.com/question/1245771

#SPJ11

Answer: It is an Article

Explanation: the article Thirty-Eight Who Saw Murder Didn 't Call Police, author Martin Gansberg recalls the events that occurred on the night of March 13, 1964. "38 respectful,  law abiding citizens"

Together with practical instruction, Pratt and his staff taught American school topics. To prepare American Indian students for employment outside of reservations was their aim.

According to Pratt, who felt that Native Americans and European-Americans were "equal," the School attempted to fully immerse pupils in mainstream Euro-American culture in the hopes that doing so would help them succeed in the dominant society and serve as leaders for their people. Carlisle was the first off-reservation Indian boarding school that the U.S. government supported, opening its doors in 1879 under the direction of Lieutenant Richard Henry Pratt.

Learn more about school education here:

https://brainly.com/question/29762382

#SPJ4

The uniqueness of a religion fulfills several functions, including:

Identity formation: It provides a distinct identity for its followers and a sense of belonging to a particular community.

Moral guidance: It offers a set of moral and ethical principles that guide the behavior of its adherents.

Spiritual fulfillment: It provides a framework for spiritual and existential exploration and fulfillment.

Social cohesion: It facilitates social cohesion by bringing people together around shared beliefs, values, and rituals.

Cultural preservation: It helps preserve cultural traditions and values that are important to a particular group of people.

Sense of purpose: It provides a sense of purpose and meaning to life, giving followers a reason to strive for a higher purpose beyond their individual needs and desires.

Read more about religion here:

https://brainly.com/question/1808291

#SPJ1

The possible steps to Amendment the Constitution are Amendment by a simple majority of the Parliament or by a special majority of the parliament.

The constitution refers to the document that contains any rules or regulations of the country in order to function the nation. It is a very important document for any country's governance.

The steps required for the amendment of the Constitution are mentioned as follows:-

Therefore, it can be concluded that the amendments procedure for the constitution is stated above.

To know more about Constitution, click here:

https://brainly.com/question/29799909

#SPJ1

Answer:

american tobacco company

In the story "The Jealous Cousin," the meaning of the term "lavish" is over-the-top.

The word "lavish" generally means to give or spend generously or without limit, often in a way that is luxurious or extravagant. It can also refer to something that is abundant, lush, or excessively ornate.

In the context of a story, the meaning of "lavish" may depend on the specific way in which it is used. For example, if a character is described as living a lavish lifestyle, it may suggest that they are wealthy and extravagant, and enjoy indulging in luxury goods and experiences. If a character receives lavish praise or attention, it may suggest that they are being celebrated or praised in an excessive or exaggerated way. Ultimately, the meaning of "lavish" in a story will depend on the context in which it is used.

To learn more about luxury, click

https://brainly.com/question/22144691

#SPJ1

Our conclusions that girls are more active on social platforms and are also less confident contributes to the body of study on the gap between men and women among adolescent girls.

A wider dialogue regarding the damag that technlogical advance has on youths by girls are more active on social platforms and are also less confident is made possible by including social platforms  use in the variables that impact personality. This may additionally focus on educating middle and high school pupils about just the long-term effects. Gender intensification could result in a difference between men and women in mood disorders if  boys and girls do distinguish more between themselves in terms of their identities all through puberty, to girls becoming relatively extra feminine as well as boys becoming relatively more masculine.

Learn more on  Gender

https://brainly.com/question/7277651

#SPJ4

The most accurate source of information about view held by an incumbent running for Congress would be the incumbent's official campaign website, public speeches, interviews, and voting records.

A campaign is a coordinated effort to achieve a specific goal or objective, often in the realm of marketing, advertising, or politics. It typically involves a series of strategic actions and communications aimed at influencing a targeted audience, such as consumers, voters, or stakeholders. Campaigns can take various forms, such as online ads, social media posts, press releases, speeches, rallies, or events, and may involve a variety of tactics, such as persuasion, education, or mobilization. To be effective, a campaign needs a clear message, a well-defined target audience, and a coherent strategy that outlines the desired outcomes and the steps to achieve them. It also requires monitoring and evaluation to assess its impact and adjust the approach as needed.

To learn more about campaign, visit:

https://brainly.com/question/30464272

#SPJ1

Complete Question:

Which source would give the most accurate information about the view held by an incumbent running for Congress?

Answer:

Coastal regions of southwest India.

Sri Lanka.

Bangladesh.

Myanmar.

Southwestern Africa.

French Guiana, and.

Northeast and south-eastern Brazil.

Explanation:

An example would be a president flying to a foreign location where US troops are stationed, then having Thanksgiving dinner with them in front of the media.

What does it mean to be President?

The President of the United States of America is both the head of state and the head of government, as well as the Commander-in-Chief of the armed forces. According to Article II of the Constitution, the President is responsible for carrying out and enforcing the laws enacted by Congress.

According to the findings of the study, great presidents are more extraverted, open to experience, assertive, achievement striving, excitement seeking, and more open to fantasy, aesthetics, feelings, actions, ideas, and values.

Know more about  foreign Visit:

https://brainly.com/question/27540611

#SPJ1

Answer: B. Photo Ops

Explanation:

i. Given the production possibility frontier above, the economy cannot produce the combination of 50 tons of coffee and 5 units of cars.

ii. Given the production possibility frontier above, the economy can produce the combination of 80 tons of coffee and 12 units of cars, as it lies on the production possibility frontier.

iii. The opportunity cost of increasing coffee production from 40 to 60 tons per year, assuming that resources are fully utilized, is two units of cars.

iv. The cost of producing 3 additional units of cars if this economy were currently producing 80 tons of coffee and 5 units of cars is 3 units of coffee.

v. If a new production technique allows cars production to double, the production possibility frontier will shift outwards, allowing for a higher combination of cars and coffee to be produced given the same amount of resources.

vi. If the resources available to the economy were to increase, the production possibility frontier would shift outwards, allowing for a higher combination of cars and coffee to be produced.

This suggests that the resources are not being fully utilized, as the production combination is not achievable given the amount of resources available.

This is because the economy is producing on the production possibility frontier, and producing any more units of cars would require a sacrifice of coffee production.

On the same graph, the new production possibility frontier will be drawn further out from the current frontier.

To know more about production possibility frontier click on below link:

https://brainly.com/question/27833900#

#SPJ11

Answer: Wedding traditions vary widely depending on the culture and location. However, they all serve to celebrate the union between two people and the beginning of a new chapter in their lives together.

Explanation:In Western cultures, the most common wedding tradition is for the bride to wear a white wedding dress, symbolizing purity and innocence. The groom typically wears a suit or tuxedo. The bride and groom exchange vows and rings, and they are pronounced husband and wife by a religious or civil authority.

In some Asian cultures, such as Chinese and Indian, the wedding ceremony can last for several days and involve many traditional customs and rituals. For example, in a Chinese wedding, the bride and groom kneel in front of their parents and present them with tea as a sign of respect and gratitude. In an Indian wedding, the bride and groom exchange garlands of flowers and perform a sacred fire ceremony.

In some African cultures, such as Nigerian and Ghanaian, the wedding ceremony can involve colorful traditional clothing and dancing. The bride and groom are often adorned with jewelry and headdresses, and the wedding party dances to traditional music.

In some Middle Eastern cultures, such as Arab and Persian, the wedding ceremony involves a "nikah" or religious contract between the bride and groom. The bride may wear a traditional veil or head covering, and the groom may wear a traditional robe.

Overall, wedding traditions vary widely depending on the culture and location. However, they all serve to celebrate the union between two people and the beginning of a new chapter in their lives together.

Answer:

The main problems facing agriculture are usually land-related. Loss of viable land, erosion, and other factors decrease the ability of farmers to use land. Other factors include inflation and government restrictions

Answer:

The main problems facing agriculture are usually land-related. Loss of viable land, erosion, and other factors decrease the ability of farmers to use land. Other factors include inflation and government restrictions

The four strategies that can be implemented to solve the problem of unemployment in Mexico include:

1. Investing in small and medium-sized businesses, which can help create jobs and economic opportunities for people. For example, the Mexican government could provide funding for micro-loans, training programs, and other resources to support small businesses.

2. Strengthening the vocational training system, which could help people acquire the skills and knowledge needed to work in certain industries. For example, the government could provide training for people in IT, manufacturing, and other fields.

3. Improving labor market regulations, which can help make it easier for businesses to create jobs. For example, the government could reduce bureaucratic obstacles that can make it difficult to hire and fire employees.

4. Investing in education, which can help equip people with the skills needed to participate in the workforce. For example, the government could provide scholarships and financial assistance to people who wish to pursue higher education.

There are several strategies that can be implemented to solve the problem of unemployment in Mexico. Here are four strategies with examples for each:

1. Promote entrepreneurship and small business development: This can be done through providing funding and support for small businesses and encouraging people to start their own businesses. For example, the Mexican government could offer grants or low-interest loans to entrepreneurs who want to start a business.

2. Invest in education and training: This can be done through providing more funding for schools and vocational training programs to help people gain the skills they need to find employment. For example, the Mexican government could invest in programs that teach people how to code or provide training for people who want to work in the healthcare industry.

3. Encourage foreign investment: This can be done through creating favorable business conditions for foreign companies to invest in Mexico. For example, the Mexican government could offer tax breaks or other incentives to attract foreign companies to set up operations in the country.

4. Implement labor market reforms: This can be done through making it easier for companies to hire and fire employees, and reducing the cost of labor for employers. For example, the Mexican government could reduce regulations and red tape that make it difficult for companies to hire employees, or offer tax breaks to companies that hire workers.

Here you can learn more about problem of unemployment https://brainly.com/question/28580807

#SPJ11

The price of the bond is € 966.47, the duration is 2.87 years, and the change in the value of the bond if the discount rate rises to 6.10% is -€ 0.89.

To calculate the price and duration of a bond, we can use the following formulas:

Price = C / (1 + r) + C / (1 + r)^2 + C / (1 + r)^3 + FV / (1 + r)^3

Duration = (C / (1 + r) * 1 + C / (1 + r)^2 * 2 + C / (1 + r)^3 * 3 + FV / (1 + r)^3 * 3) / Price

Where C is the coupon payment, r is the discount rate, FV is the face value, and n is the number of years until maturity.

Given the information in the question, we can plug in the values and calculate the price and duration:

C = 1000 * 0.07 = 70
r = 0.06
FV = 1000
n = 3

Price = 70 / (1 + 0.06) + 70 / (1 + 0.06)^2 + 70 / (1 + 0.06)^3 + 1000 / (1 + 0.06)^3 = € 966.47

Duration = (70 / (1 + 0.06) * 1 + 70 / (1 + 0.06)^2 * 2 + 70 / (1 + 0.06)^3 * 3 + 1000 / (1 + 0.06)^3 * 3) / 966.47 = 2.87 years

To calculate the change in the value of the bond if the discount rate rises to 6.10%, we can simply recalculate the price with the new discount rate and find the difference:

r = 0.061

Price = 70 / (1 + 0.061) + 70 / (1 + 0.061)^2 + 70 / (1 + 0.061)^3 + 1000 / (1 + 0.061)^3 = € 965.58

Change in value = 965.58 - 966.47 = -€ 0.89

Therefore, the price of the bond is € 966.47, the duration is 2.87 years, and the change in the value of the bond if the discount rate rises to 6.10% is -€ 0.89.

Learn more about Bond:

https://brainly.com/question/29691185

#SPJ11

An exchange of goods and services one for the other is the correct definition of economy.  It relates to both how people spend and generate income.

An economy would be a region where commodities and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and material manifestations connected to the creation, utilization, and administration of finite resources. An economy is a collection of interconnected processes for manufacturing and consumption which eventually decide how resources are distributed within a community. The requirements of those who live there and conduct business there are met by the production and use of things in their entirety.

Here is complete question-

Identify the correct definition of economy.

a) An exchange of goods and services one for the other.

b) A practice in which a nation-state extends power beyond its own borders over an extended period of time to secure access to certain commodities in other regions.

Learn more on economy

https://brainly.com/question/2421251

#SPJ4

Nepal as a country of unity in diversity can be justified by the points:

Unity in Diversity is a concept that recognizes the existence of diverse cultures, traditions, religions, languages, and ethnicities within a society or nation, while emphasizing the importance of unity and coexistence among them.

The following justify the statement:

Learn more about unity in diversity on:

https://brainly.com/question/1459127

#SPJ1

Explanation:

We have to vote for the Constitution Party because we are citizens of the country and are responsible for that.

Hope it's helpful.

When considering the two offers your client has received, the effect on assessable income of each offer should be taken into account.

The first offer, a lump-sum payment of $10,000 for the copyright, would be treated as assessable income and taxed accordingly.

The second offer, a 10% of the sale price of each book sold and the assignment of the copyright to the publisher for 10 years, would also be treated as assessable income and taxed accordingly.

It is important to note that any royalties paid to the client after the 10 year period would not be assessable income, and so may be a more favourable option if the book is expected to be successful.

To know more about lump-sum payment  click on below link:

https://brainly.com/question/28238753#

#SPJ11

Genes, chromosomes and nucleus are the cell components involved in determining the basic shape of each girl’s face.

A gene is the fundamental structural and functional component of heredity. The DNA that makes up genes. In some cases, genes serve as blueprints for the creation of proteins. In contrast, a large number of genes do not encode proteins. A few hundred DNA bases to more than 2 million bases make up the majority of human genes. Humans are thought to have between 20,000 and 25,000 genes, according to the Human Genome Project, a multinational effort to decipher the human genome's sequence and catalogue its genes. Every gene is present in two copies, one from each parent, in every human being. Only a small subset of genes differ somewhat between individuals; the majority of genes are the same in all persons.

Learn more about genes here:

https://brainly.com/question/8832859

#SPJ4