Assume that both the U. S. And Canadian demand curves for lumber are linear. The Canadian demand curve lies inside the U. S. Curve (the Canadian demand curve hits the axis at a lower price and a lower quantity than the U. S. curve). Draw the aggregate demand curve for the two countries. Explain the relationship between the country and aggregate demand curves in words. Using the multipoint curved line drawing tool, show the market demand curve for lumber. Label this demand curve 'Upper D Superscript Market.
Answers
When the U.S. and Canadian demand curves for lumber are linear, and the Canadian demand curve is inside the U.S. curve, the aggregate demand curve for the two countries is as follows:
The relationship between the country and aggregate demand curves can be explained in words as follows: When two countries trade with one another, it can be challenging to understand what happens to their markets and their consumers. The aggregate demand curve shows how much the market demands from both countries' demand curves when they're added together. The market demand curve for lumber can be shown using the multipoint curved line drawing tool and labeled "Upper D Market". When we combine the demands of both the countries, the curve shifts to the right, as shown in the picture below. This shift is referred to as the market demand curve or the aggregate demand curve. We can clearly see that the market demand curve is much steeper than the country demand curves. The market demand curve has a steep slope because it reflects the combined purchasing power of all the consumers from both countries.For more questions on demand curve
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Related Questions
62. which of the following is not a characteristic of layout decisions in system design? a. substantial investment of both money and effort b. long-term commitment c. significant impact on short-term efficiency d. usually well received by operative personnel e. can affect supplier or customer processes
Answers
The statement that is not a characteristic of layout decisions in system design is "usually well received by operative personnel". The Option D is correct.
What is the strategic importance of Layout Decisions?Basically, a layout refers to one of the key decisions that determines the long-run efficiency of operations. A layout has a strategic implications because it establishes an organization’s competitive priorities in regard to capacity, processes, flexibility, cost, quality of work life, customer contact, and image.
An effective layout will facilitates the flow of materials, people, and information within and between areas. As well, a very effective layout can help an organization achieve a strategy that supports differentiation, low cost, or response. Benetton, for instance, supports a differentiation strategy by heavy investment in warehouse layouts that contribute to fast, accurate sorting and shipping to its 5,000 outlets.
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Question 19
nd
Which of the following is an NOT attribute of entrepreneurial ability?
Result: 0.00 of 0.20 - Your answer is incorrect.
ic
and
Your answer:
organizing resources to meet the demand for a product
making command decisions about how much will be produced
recognizing an opportunity for profit
Answers
Organizing resources to meet the demand for a product. This is actually an attribute of entrepreneurial ability, as it involves effectively managing resources to meet customer needs and generate revenue. "ic," as all of the other options are attributes of entrepreneurial ability.
Entrepreneurial ability refers to a set of skills and qualities that enable individuals to recognize opportunities, organize resources, take risks, and innovate to create new products, services, or businesses. Deciding on how much to produce is typically part of the managerial function in a business, not the entrepreneurial function. The entrepreneurial function is more concerned with identifying opportunities and bringing innovation to the production process to meet consumer demand.
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Question 2 of 25
Compared to CDs, basic savings accounts are
interest rates.
liquid and have
A. less; higher
B. less; lower
C. more, lower
D. more; higher
Answers
Answer:
C:
Explanation:
CD's are less liquid and tie up your $$ for a certain period of time, however, extend to you a higher interest rate.
Answer: A: Less and higher
Explanation:
You are required to select a movie of your choice and then analyze the movie (or an episode of a series) based on concepts/models/practices discussed in the ‘Negotiations and Selling Skills’ course. Please pick only one movie. However, you may choose different scenes/situations to discuss various concepts. You will be evaluated based on the quality of analysis and how many concepts you were able to apply. In case you want to choose a series instead of a movie it is allowed but please limit to any two episodes from the series. The size limit is 1200-1500 words. Please briefly explain the situation and focus more on the application of concepts (analysis/justification). It is advised not to spend more than 500-700 words on the situation/scene description in total. Important is the application of the concepts, theories, and principles (both quantity and quality).
Answers
The movie "The Wolf of Wall Street" provides an excellent example of how to use negotiations and selling skills to sell penny stocks to wealthy investors. Jordan Belfort and his team used several tactics to persuade their clients to invest in the company. They used persuasive language, high-pressure sales techniques, and personal connections to sell stocks. They also used non-verbal cues such as body language and tone to create a sense of urgency and excitement among the potential investors.
we are required to select a movie of our choice and then analyze the movie based on the concepts, models, and practices discussed in the ‘Negotiations and Selling Skills’ course.
In case, if anyone wants to choose a series instead of a movie, it is allowed, but only two episodes of the series are allowed. In this, the size limit is 1200-1500 words, and it is advised to not spend more than 500-700 words on the situation/scene description in total.
Important is the application of the concepts, theories, and principles (both quantity and quality).Below is the analysis of the movie based on the concepts, models, and practices discussed in the ‘Negotiations and Selling Skills’ course:
Movie: The Wolf of Wall Street Situation:
In the movie "The Wolf of Wall Street," Jordan Belfort (played by Leonardo DiCaprio) is trying to sell penny stocks to wealthy investors in order to become rich. Jordan Belfort worked at a financial firm and quickly learned that selling penny stocks was an easy way to make a lot of money. Jordan and his team used several tactics to persuade their clients to invest in the company.
1. Building rapport with customers is an important part of negotiations and selling skills.
2.In the movie, Jordan and his team built a strong rapport with their customers by using persuasive language, non-verbal cues, and personal connections.
3. Persuasion Techniques: Persuasion techniques are used to persuade customers to invest in the company. In the movie, Jordan and his team used persuasive language, high-pressure sales techniques, and non-verbal cues to persuade their clients. They also created a sense of urgency and excitement among the potential investors.
4. Handling Objections: Handling objections is an important part of negotiations and selling skills. In the movie, Jordan and his team encountered several objections from their customers. They were able to handle these objections by using persuasive language and providing reassurance.
5. Negotiation Skills: Negotiation skills are important in selling penny stocks to wealthy investors. In the movie, Jordan and his team used their negotiation skills to sell stocks at a higher price. They used persuasive language, non-verbal cues, and personal connections to negotiate with their customers.
Conclusion:
In conclusion, the movie "The Wolf of Wall Street" provides an excellent example of how to use negotiations and selling skills to sell penny stocks to wealthy investors. Jordan Belfort and his team used several tactics to persuade their clients to invest in the company. They used persuasive language, high-pressure sales techniques, and personal connections to sell stocks. They also used non-verbal cues such as body language and tone to create a sense of urgency and excitement among the potential investors.
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The W-4 tax form is used to?
Answers
Answer:
use compute the amount of federal income tax to deduct and withhold from the employee's pay
Explanation:
Answer:
tell your employees how much federal income tax to withhold from your paychecks to send to the IRS
Explanation:
For the next seven questions, use the following information: Stylez Corp. has a monthly demand of 1,800 units for a product. The annual holding cost for the product is estimated to be $4.00 per unit and the cost of placing each order is $125.00. The current order quantity (lot size) is 3.000 units. how many will bevplaced annually?
annual holding cost?
annual ording cost ?
economic order quaility?
total annuel inventory cost?
Answers
The answer is , the total annual inventory cost is $21,400.00, given all of the situations.
How to determine?The annual demand for Stylez Corp is:
1,800 x 12 = 21,600 units.
The number of times the order will be placed annually is:
21,600/3,000 = 7.2 or approximately 7 times.
Annual ordering cost = (Number of orders per year) x (Cost of placing each order) = 7 x $125.00 = $875.00.
Economic Order Quantity (EOQ) can be calculated as follows:
EOQ = √[(2DS)/H].
Where,
D = Annual demand
S = Cost of placing an order
H = Annual holding cost per unit of inventory.
Thus, EOQ = √[(2 × 21,600 × $125.00)/$4.00] = 2,400 units.
The total annual inventory cost can be calculated as follows:
Total cost = Purchase cost + Ordering cost + Holding cost
Total cost = (Number of units) × (Cost per unit) + Annual ordering cost + [(Number of units)/2] × (Annual holding cost per unit of inventory).
Substituting the values, Total cost = (2,400)($9.00) + $875.00 + [(2,400/2)($4.00)] = $21,400.00.
Therefore, the total annual inventory cost is $21,400.00.
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A capital projects fund for a new city courthouse recorded a receivable of $300,000 for a state grant and a $450,000 transfer from the general fund. What amount should be reported as revenue by the capital projects fund
Answers
Answer:
$300,000
Explanation:
The grant of $300,000 happens not to have any restrictions mentioned alongside it in the question and as such will be declared or reported as revenue as an unrestricted grant. This is acceptable by the Governmental Accounting Standards Board, GASB.
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the basic concepts for the fed to implement an ""easy money"" policy would include
Answers
The basic concepts for the Federal Reserve (Fed) to implement an "easy money" policy would include, lowering interest rates, open market operations, quantitative easing, reserve requirement reduction, and forward guidance.
1. Lowering Interest Rates: One of the primary tools the Fed uses to implement an easy money policy is reducing interest rates. By lowering the target federal funds rate, which is the rate at which banks lend to each other overnight, the Fed aims to make borrowing cheaper and stimulate economic activity.
2. Open Market Operations: The Fed can also engage in open market operations, which involve buying government securities (such as Treasury bonds) from financial institutions. This injection of money into the banking system increases reserves and encourages banks to lend more, thereby stimulating economic growth.
3. Quantitative Easing: In times of severe economic downturn or financial crisis, the Fed may resort to quantitative easing. This involves large-scale purchases of government bonds and even other financial assets, such as mortgage-backed securities. The goal is to increase the money supply, lower long-term interest rates, and encourage borrowing and investment.
4. Reserve Requirement Reduction: The Fed can lower the reserve requirement, which is the percentage of customer deposits that banks are required to hold as reserves. By reducing this requirement, banks have more funds available for lending, promoting increased credit availability.
5. Forward Guidance: The Fed can use forward guidance to influence market expectations. By communicating its intention to keep interest rates low for an extended period, the Fed can influence borrowing costs and encourage investment and spending.
These are some of the key concepts and tools the Federal Reserve can utilize to implement an easy money policy, with the aim of stimulating economic growth, encouraging borrowing and investment, and combating deflationary pressures.
It's important to note that these policies are complex and their implementation requires careful consideration of various economic factors and considerations.
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How can employees demonstrate dependability to their employers?
Answers
Answer: Employees can demonstrate dependability to their employers by being consistent with their work.
Answer:
Dependable employees respect deadlines, and make every effort to meet them. Meeting deadlines is accomplished through proper planning and using work hours effectively.
Explanation:
The role of corporate support in event marketing has
in the past few decades.
a. Increased
b. Decreased
C. Remained status quo
d. Developed
Answers
A.incrased
Dan just lost his job. At 44 years old, he worked as a middle manager at a well-known advertising firm for 14 years. Due to a significant loss of clients, the company had to downsize despite Dan being an exemplary employee and winning several awards. The company decided to let Dan go instead of another middle manager who was in a minority group. In a business setting, this occurrence is referred to as
Answers
In a business setting, the given occurrence we called the reverse discrimination
Reverse discrimination is the non-fair treatment of members who belong to the majority group in the workplace that depends upon race, gender, etc.
Reverse discrimination might arise at the time when the majority group like white or males are to be overlooked for following things
JobsPromotionsOther types of opportunitiesThese should provide the preference to the minority group like for women
So therefore we can conclude that In a business setting, the given occurrence we called the reverse discrimination
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Explain how private property rights and marketplace competition
are different in market economies and command economies. What might
be the difference in these two factors between strong command
econom
Answers
Private property rights and marketplace competition differ significantly between market economies and command economies.
In market economies, private property rights are well-established and protected, allowing individuals and businesses to own, use, and transfer property freely. This fosters entrepreneurship, investment, and innovation, as individuals have the incentive to accumulate wealth and make the most efficient use of their resources.
Marketplace competition in market economies is characterized by multiple buyers and sellers freely engaging in trade, with prices determined by supply and demand. This competition incentivizes efficiency, quality, and innovation, as businesses strive to attract customers and maximize profits.
In contrast, command economies have limited private property rights. The state often owns or controls most of the resources and means of production, and individuals have restricted rights to property ownership. The government decides how resources are allocated and what goods and services are produced.
As a result, marketplace competition is minimal or nonexistent in command economies. Prices are typically set by the government rather than determined by supply and demand. This lack of competition can lead to inefficiencies, as there is less incentive for businesses to innovate, improve quality, or respond to consumer preferences.
In strong command economies, such as those with a highly centralized government control, private property rights may be further limited or even abolished altogether. The state exercises extensive control over the economy, including resource allocation and production decisions. Individuals and businesses may have little or no ownership rights, and the government may dictate how resources are distributed.
Competition is heavily regulated or suppressed, with the government often determining prices and production levels. This lack of private property rights and marketplace competition can stifle innovation, limit individual freedoms, and result in inefficiencies in resource allocation and economic performance.
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Please select the word from the list that best fits the definition under this program, parents may receive a voucher equal to the amount their state spends on education for their child.
Answers
The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.
How did the government encourage home schooling?Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.
This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.
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X
✓
The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points
Answers
Answer:
The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare
Miguel works as a farm labourer for a rich landlord. He has a small house on the
estate and is allowed to grow his own food on a piece of land next to his house. He
grows enough food to feed himself and his family and is paid a small wage, which
pays for the other needs of the family such as clothes, shoes and medicines.
• Pierre works in a car factory on the assembly line. He works in a team with other
workers welding the car body together. He is also a member of the company
football team. He is well paid and his family can afford quite a few luxuries.
• Anya has a degree in Business Management and professional qualifications in
human resources management. She is the Human Resources Manager of a large
company. She has her own office with her name on the door and is in charge of the
rest of the human resources staff. She works long hours but feels it is worth it if the
right employees are recruited to the company.
Identify which of Maslow's needs are being satisfied for each of these employees.
Explain the reasons for your choices.
Answers
we can examine which of Maslow necessities are being fulfilled for every representative: Miguel (ranch worker): Pierre (vehicle manufacturing plant worker):Anya (HR Director):
The pressure outside his house was likewise felt inside it, as he seldom coexisted with his mom, and at last fostered areas of strength for a towards her. He is cited as saying,
"What I had responded to was her actual appearance representative, yet additionally her qualities and world view, her parsimony, her complete childishness, Maslow absence of adoration for any other person on the planet even her own better half and youngsters her self-centeredness, her Negro bias, her double-dealing of everybody,
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A popular soft drink is sold in 2-liter (2000-milliliter) bottles. Because of variation in the filling process, bottles have a mean of and a standard deviation of 16 milliliters, normally distributed. Complete parts a and b below.
Answers
Answer:
The answer is below.
Explanation:
The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
\(z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }\)
a) Given that n = 100, μ = 2000, σ = 18
For x < 1995 millimeters:
\(z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} } =-2.78\)
From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027
b) P(z > z*) = 10% = 0.1
P(z < z*) = 1 - 0.1 = 0.9
z* = 1.28
\(z*=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\1.28=\frac{x-2000}{18/\sqrt{100} }\\\\x-2000 =-2.304\\\\x=2002.3\ ml\\\\\)
From the normal distribution table, P(z < z
Which skill is not important for an evidence-based practice project team?
Answers
The ability to perform the statistical analysis is not important for an evidence-based practice project team
What is th statistical analysis?
The gathering and evaluation of data for statistical analysis are done to find patterns and trends. It belongs to data analytics. In instances like obtaining research interpretations, statistical modelling, or creating surveys and studies, statistical analysis might be applied. Business intelligence businesses who have to deal with enormous data quantities may also find it valuable.
Statistical analysis in the context of business intelligence (BI) entails gathering and examining each data sample in a set of things from which samples can be derived. In statistics, a sample is a representative sample taken from the entire population.
Trend identification is the objective of statistical analysis. Using statistical analysis, a retail company, for instance, may discover trends in unstructured and semi-structured client data
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What is a count of the number of people who visit one site and click on an advertisement that takes them to the site of the advertiser? interactivity cookie banner ad click-through
Answers
The count of the number of people who visit one site and click on an advertisement that takes them to the site of the advertiser is referred to as "ad click-through."
Ad click-through refers to the action of clicking on an advertisement displayed on a website or platform, which then redirects the user to the advertiser's website or landing page. It is a metric used to measure the effectiveness and engagement of an advertisement.
When users interact with an ad by clicking on it, their actions are tracked and recorded. Advertisers use various tracking technologies, such as cookies, to count the number of click-throughs and gather data on user engagement with their ads.
Click-through rate (CTR) is a commonly used metric derived from the count of ad click-throughs. It is calculated by dividing the number of ad click-throughs by the number of ad impressions and multiplying by 100 to express it as a percentage. CTR provides insights into the relative success and performance of different advertisements.
Ad click-through represents the number of users who click on an advertisement and are redirected to the advertiser's site. It is an important metric for advertisers to measure the effectiveness and engagement of their ads, and it helps them assess the return on their advertising investments.
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Which approach to innovation often originates from external sources? a. Continual improvement. b. Best practices. c. Change management. d. Reengineering
Answers
The approach to innovation that often originates from external sources is d) Reengineering.
Reengineering is an approach to innovation that involves the radical redesign and restructuring of processes and systems within an organization. It typically originates from external sources, such as industry experts, consultants, or benchmarking studies, rather than being driven solely by internal efforts.
Reengineering aims to achieve significant improvements in performance, efficiency, and effectiveness by challenging existing assumptions and practices and introducing new ways of doing things. It often involves rethinking and redesigning entire processes from end to end, focusing on achieving breakthrough results rather than incremental improvements.
External sources play a crucial role in reengineering by providing fresh perspectives, knowledge, and insights from other industries or organizations that have successfully implemented innovative approaches. These sources bring in external best practices, new technologies, and alternative solutions that can be adapted and applied to the organization's own processes and systems.
By embracing external sources of innovation, organizations can tap into a broader range of ideas, expertise, and experiences to drive transformative change and achieve significant improvements. Reengineering allows organizations to challenge the status quo and adopt innovative practices that have proven successful elsewhere, leading to enhanced performance and competitiveness.
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Sales tools like coupons and premiums used to support a company's advertising and personal selling directed to ultimate consumers are referred to as
Answers
Answer:consumer oriented sales promotions
Explanation:
Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?
Answers
Answer:competitive advertising
Explanation:
I’m not for sure but I think that might be the answer
Answer: competitive advertising
Explanation:
if on online course it is what was right
Audit firms that are subject to inspections by the PCAOB staff include:
(a) All audit firms.
(b) Audit firms that are registered with the SEC.
(c) Audit firms that are registered with the PCAOB.
(d) Audit firms that are registered with a state board of accountancy.
Answers
Audit firms that are subject to inspections by the PCAOB staff include audit firms that are registered with the PCAOB.
Audit firms that are subject to inspections by the PCAOB (Public Company Accounting Oversight Board) staff are those that are registered with the PCAOB. The PCAOB is a regulatory body that oversees the audits of public companies in the United States. It was established under the Sarbanes-Oxley Act of 2002 to protect investors' interests by promoting high-quality audits.
Registered audit firms are required to adhere to the auditing standards set by the PCAOB and undergo regular inspections conducted by the PCAOB staff. These inspections are aimed at evaluating the audit firm's compliance with auditing standards and identifying any deficiencies or areas for improvement.
While audit firms that are registered with the SEC (Securities and Exchange Commission) and state boards of accountancy are subject to certain regulations and oversight, the specific inspections by the PCAOB staff are applicable only to audit firms registered with the PCAOB.
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Many politicians have degrees in business or law.
True
False
Answers
I'll give 20 points if you just answer this riddle: You see a boat filled with people. It has not sunk, but when you look again you don’t see a single person on the boat. Why?
Nice doing "business" with ya!
Answers
Answer:
Everyone on the boat is married.
Explanation:
Anyone know how to work powerpoint?
Answers
True or false : In a market characterized by externalities, the market equilibrium fails to maximize the total benefit to society as a whole.
Answers
Answer:
True. In a market characterized by externalities, the market equilibrium fails to maximize the total benefit to society as a whole. This is because externalities, whether positive or negative, affect parties outside of the market transaction. When there are negative externalities, such as pollution or traffic congestion, the costs to society as a whole exceed the costs borne by the buyer and seller in the market transaction. When there are positive externalities, such as education or vaccination, the benefits to society as a whole exceed the benefits enjoyed by the buyer and seller in the market transaction. In both cases, the market fails to capture the full social costs or benefits of the transaction, resulting in an inefficient outcome. Therefore, government intervention, such as taxes or subsidies, may be necessary to correct for the externality and bring about a more socially optimal outcome.
Explanation:
Johnson- Schmitt gave several dogs to Dispenza to find good homes for them. Dispenza did not find good homes for them, but rather kept them on his property in such deplorable conditions that they were eventually seized by the sheriff, turned over to the local SPCA, and adopted out to other families. Johnson- Schmitt later sued the county claiming unlawful conversion of her property( the dogs). Did Johnson- Schmitt have any property right in the dogs at the time they were seized?
Answers
Answer:
John-Schmitt had property right in the dogs at the time they were seized.
She had the right to dispose of her private property (dogs) and also to delegate Dispenza to dispose of her property (dogs). She was still in this right of disposition to her property before they were seized. Therefore, she could sue the country (right to property right enforcement) for unlawful conversion of her dogs.
Explanation:
The right of disposition or transferability is one of the property rights, including the right of possession, the right of control, the right of exclusion, the right of enforcement, and the right to derive income from the property. The right of transferability means that property rights should be transferable from one owner to another in a voluntary exchange. She can enforce her property rights.
Differentiate between equity financing and debt financing?
Answers
Answer:
When a business wants to obtain cash, it has two options for financing: equity financing and debt financing. Equity financing is the most common kind of financing accessible to companies. Debt financing refers to the borrowing of money, while equity financing refers to the sale of a piece of the company's stock.
Explanation:
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How education is medium to enhance the ability of human beings?
Answers
The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.
when compared to a fixed annuity, a variable annuity has what distinguishing feature?
Answers
The distinguishing feature of a variable annuity when compared to a fixed annuity is that the returns on the investments made with the annuity are not guaranteed.
Variable annuities are a type of retirement product in which an investor gives money to an insurance company in exchange for a stream of income that begins at a later date. With a variable annuity, the insurance company invests the money in a range of investment options, typically mutual funds. The value of the annuity will vary depending on how well those investments perform. In contrast, a fixed annuity guarantees a set rate of return on the invested money.
Variable annuities can offer the potential for higher returns than a fixed annuity, but they come with greater risk since the returns are not guaranteed. Additionally, variable annuities can come with higher fees and expenses compared to other investment options, which can eat into potential returns.
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