During World War I and World War II, the U.S. government spent large sums of money on the war effort. Following both of these periods, the United States experienced double-digit inflation. The following diagram shows the aggregate demand (AD) and aggregate supply (AS) curves for the United States before the inflationary period. Shift one of the curves to illustrate the primary cause of the inflation described in the preceding paragraph. This kind of inflation is called ______ inflation. Inflation of this type is accompanied by ______ in aggregate output.

Answers

Answer 1

The US experienced double-digit inflation after World Wars I and II. Before inflation, there was aggregate demand (AD) and aggregate supply (AS). This kind of inflation is called demand-pull inflation. Inflation of this type is accompanied by an increase in aggregate output.

Demand-pull inflation occurs when there is an increase in demand for goods and services, which outpaces the supply of these goods and services. This results in an increase in prices and a decrease in the purchasing power of the currency. In the case of the U.S. government spending during World War I and World War II, the increased demand for goods and services caused by the war effort led to an increase in prices and double-digit inflation following both periods.

This type of inflation is illustrated in the given diagram by shifting the aggregate demand (AD) curve to the right. This shift represents the increase in demand caused by government spending during wartime. The increase in demand results in an increase in the price level and a decrease in the real GDP, as represented by the movement from point A to point B.

Therefore, demand-pull inflation is accompanied by an increase in the price level and a decrease in real GDP.

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Related Questions

You are a producer of candies. In the market for candies, two events happen
simultaneously: there is an increase in the price of sugar used to make your candies, and there are news headlines that promote the link between eating candies and increasing diabetes. Which of the following is a consequence?
A. There is a decrease in the price of candies and a decrease in the quantity of candies.
B. There is a decrease in the price of candies and an increase in the quantity of candies.
C. There is an increase in the price of candies and a decrease in the quantity of candies.
D. We know for sure the quantity will decrease, but we don't know what will happen to the price unless we know the size of the shifts.

Answers

Answer:

C. There is an increase in the price of candies and a decrease in the quantity of candies.

The increase in the price of sugar and the news headlines have the consequence of both events in such a way that there is an increase in the price of candies and a decrease in the quantity of candies. Hence, option C is correct.

What are the consequences of an increase in price?

The term consequences means the impact of anything or any event on the whole society. Whenever there is an increase in the price of any product, the direct effect of this increase is on the production cost.

With the increase in production, there will be an increase in the selling cost of the particular product whose raw material has been increased by the rate.

As per the given situation, when there is an increase in the price of sugar, which is used to produce all forms of candy, there will be an increase in the price of candies as well.

But because of the headlines in the news that give a direct connection between eating candies and increasing diabetes, will result in a decrease in the quantity of candy production.

Therefore option C is correct.

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The market rate of return is 11 per cent and the risk-free rate of return is 3 per cent. Lexant NV has 3 per cent less systematic risk than the market and has an actual return of 12 per cent. This equity:

Answers

Answer:

underpriced

Explanation:

Without mincing words, let us dive straight into the solution to the solution to the question. From the above problem, the following data or information are given:

=> market rate of return = 11 per cent, risk-free rate of return = 3 per cent,  Lexant NV = 3 per cent less systematic risk than the market, actual return = 12 per cent.

The expected return = [ 11% - 3%] × 0.97 + 3%  = 10.76%.

We are given the actual return to be 12% which is greater than the expected return which is 10.76%.

The equity is overpriced.

Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.

Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.

Answers

I'm gonna take an educated guess and say that your answer is Paragraph #2.

Budgeted direct labor hours for quarter 1 total 3,700 hours. Employees are paid $10 per hour. The variable overhead rate is $0.30 per direct labor hour. Fixed overhead totals $1,500, and of that, $300 is depreciation. What are cash disbursements for manufacturing overhead for quarter 1? A. $1,110 B. $46,710 C. $2,610 D. $2,310

Answers

Then, we will subtract depreciation expense from the total overhead costs. Finally, we will add the variable overhead costs, which are $0.30 per direct labor hour, to the cash disbursements for manufacturing overhead for quarter 1.

Budgeted direct labor hours for quarter 1 total 3,700 hours. Employees are paid $10 per hour. Therefore, the budgeted direct labor cost for quarter 1 is:$10 per hour × 3,700 hours = $37,000The fixed overhead cost is $1,500, and of that, $300 is depreciation.

Therefore, the fixed overhead cost, which is not related to depreciation, is $1,200.Total overhead costs = Fixed overhead cost + Variable overhead cost Fixed overhead cost = $1,200Variable overhead rate = $0.30 per direct labor hour Variable overhead cost = Variable overhead rate × Direct labor hours Variable overhead cost = $0.30 per direct labor hour × 3,700 hours Variable overhead cost = $1,110

Therefore, the total overhead costs are:$1,200 + $1,110 = $2,310Cash disbursements for manufacturing overhead for quarter 1 = Total overhead costs - Depreciation expense Cash disbursements for manufacturing overhead for quarter 1 = $2,310 - $300Cash disbursements for manufacturing overhead for quarter 1 = $2,010Therefore, the cash disbursements for manufacturing overhead for quarter 1 are $2,010.

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Products related in such a way that an increase in the price of one reduces the demand for the other.

Answers

Complements are products that increase the use of other products, products related in such a way that an increase in the price of one reduces the demand for both.

A complementary appropriate is a service or product that offers fee to some other product or service. In different words, they may be  things that the patron utilises in conjunction with each other. Cereal and milk, for example, or a DVD and a DVD

A Complementary exact is a product or service that provides price to another. In different phrases, they may be two items that the purchaser uses together.

A complementary product is an object that is offered collectively with the primary product. Those merchandises are used in conjunction, so complementary goods frequently bring little cost or can not be used one after the other, including petrol, SIM card, and baking powder.

Complements are items that might be consumed together. Substitutes are goods wherein you may devour one in region of the alternative. The prices of complementary or alternative items also shift the call for curve.

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Managing negative feelings is__
a. A process
b. A hierarchy
c. An emotion
d. A deadline

Answers

Answer:

an emotion

Explanation:

process is the lead

hierarchy is increase

deadline is the date

Managing negative feelings is a process.The correct option is a.

It takes a variety of coping mechanisms and individualized approaches to effectively manage unpleasant emotions. It entails identifying and expressing negative emotions, comprehending their underlying causes, and implementing constructive coping strategies. This procedure might involve introspection, asking for help from others using relaxation techniques, exercising or getting professional assistance.

Individuals can improve their emotional resiliency, mental health and overall life satisfaction by actively addressing negative emotions. It is critical to understand that controlling unpleasant emotions is a continuous and dynamic process because feelings can change depending on the situation and one's experiences. Greater emotional intelligence and improved mental health can result from learning effective emotional management techniques.

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If your auto coverage was 60/100/30, how much money would cover bodily injury liability for an accident with multiple people? *

Answers

Answer:

$100,000

Explanation:

the coverage of the insurance policy is as follows:

bodily injury per person = $60,000 maximumbodily injury per accident = $100,000 maximumproperty damage per accident = $30,000 maximum

In the case of an accident involving multiple people, the maximum coverage for bodily injury liability is $100,000

What are three important of trade agreements?

Answers

Free trade agreements provide chances for both large and small Australian firms to profit from increased trade and investment, which in turn boosts economic activity & job creation in Australia.

What are the 3 trade agreements?

Regional trade agreements include the European Union (EU), Asia-Pacific Economic Cooperation, Central American Free Trade Agreement (CAFTA-DR), and North American Free Trade Agreement (NAFTA) (APEC).

Free trade agreements (FTAs) enable manufacturers and exporters in the United States increase their access to international markets. Trade obstacles are removed via bilateral and international agreements, tariffs are lowered or eliminated, and economic progress is encouraged. Through trade, countries may expand their markets and receive goods and services that would otherwise not be available locally.

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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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Adjusting employees behavior according to attribution theory (chapter 6) Ramiz is an employee in Jawwal company. He keeps coming late to his work and also when there is a meeting; and always justifies this by external causes. His manager, Ali, is confused why. According to your understanding of attribution theory, what do you advise Ali to do to better understands Ramiz's behavior? How can Ali adjust Ramiz's behavior according to attribution theory? Begin by describing the theory.

Answers

Attribution theory, developed by psychologist Fritz Heider, explores how individuals interpret and explain the causes of behavior. It suggests that people make attributions about the causes of behavior by either attributing it to internal factors (personal traits or characteristics) or external factors (situational or environmental factors).

In the case of Ramiz, who consistently attributes his lateness to external causes, Ali can apply attribution theory to better understand his behavior and potentially make adjustments. Here's how Ali can proceed:

Gather Information: Ali should have open and honest communication with Ramiz to gather information about his lateness and understand his perspective. By actively listening to Ramiz's reasons and concerns, Ali can gain insights into the external factors that Ramiz believes are contributing to his lateness.

Consider Situational Factors: Ali should examine the situational factors that might be affecting Ramiz's punctuality. This includes identifying any external circumstances or events that could be influencing his lateness, such as transportation issues, family commitments, or health-related concerns.

Assess Communication and Expectations: Ali should evaluate the clarity and effectiveness of communication between the company and its employees regarding work schedules, punctuality expectations, and consequences for tardiness. Ensuring that employees have a clear understanding of expectations can help address any miscommunications or misunderstandings that may contribute to Ramiz's behavior.

Provide Support and Resources: If there are genuine external factors affecting Ramiz's punctuality, Ali can explore ways to support him. This could involve providing resources or assistance to help him overcome the challenges he faces, such as offering flexible work hours or suggesting alternative transportation options.

Foster a Positive Work Environment: Creating a positive and supportive work environment can motivate employees to meet expectations. Ali can encourage team-building activities, recognize and reward punctuality, and promote a culture of accountability and responsibility.

Performance Feedback and Coaching: Ali should provide constructive feedback to Ramiz, highlighting the importance of punctuality and its impact on the workplace. By using a coaching approach, Ali can help Ramiz identify the benefits of being punctual and work together to develop strategies for improvement.

By applying attribution theory and taking these steps, Ali can gain a deeper understanding of Ramiz's behavior and implement appropriate measures to address the lateness issue. It is essential to approach the situation with empathy, fairness, and a focus on collaboration to foster a positive work environment and encourage behavioral adjustments.

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Cassandra purchased a new car. The car had a list price of $16,870. Cassandra made a down payment of $1,800 and financed the rest, paying 12. 3% interest compounded monthly over a payment period of four years. If Cassandra also had to pay 7. 8% sales tax, a $895 vehicle registration fee, and a $68 documentation fee, what is her monthly payment? a. $446. 74 b. $459. 42 c. $461. 41 d. $507. 9.

Answers

Cassandra's monthly payment for the financing of her new car is b. $459. 42.

Data and Calculations:

List price of Cassandra's car = $16,870

Sales tax (7.8%) = $1,315.86 ($16,870 x 7.8%)

Vehicle Registration Fee = $895

Documentation Fee = $68

Total costs = $19,148.86

Down payment = $1,800

Amount financed after the down payment = $17,348.86 ($19,148.86 - $1,800)

Monthly payment:

N (# of periods) = 48 (4 years x 12 months)

I/Y (Interest per year) = 12.3%

PV (Present Value) = $15,070

FV (Future Value) = $0

Results:

Monthly Payment = $459.42

Sum of all periodic payments = $22,052.24

Total Interest = $4,703.38

Thus, her monthly payment is b.

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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

during most of the 1900s, the de beers group of south africa was viewed as a monopoly because it controlled a large percentage of diamond production and sales. t or f

Answers

The statement that the De Beers group of South Africa was viewed as a monopoly for most of the 1900s is True.

What is a Monopoly ?

A monopoly is a market arrangement where one producer or seller holds a disproportionate amount of power within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and impede competition.

In the 1900s, the De Beers group controlled over 70 % of the entire trade in diamonds around the world. They could influence prices and control the market, thereby making them a monopoly.

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Which economic tool would most likely be used as part of an expansionary
monetary policy?
O A. Selling treasury securities
B. Raising the reserve requirement
C. Reducing the discount rate
D. Increasing interest on reserves

Answers

Answer:

C. Reducing the discount rate

Explanation:

Expansionary monetary policies are macroeconomic undertakings by the Federal Reserve that aim at stimulating economic growth in the economy. Expansionary policies result in an increased flow of money in the country, which increases the aggregate demand.

The discount rate is the rate at which the Federal Reserve (the Fed ) charges commercial banks for advancing them credit. Reducing the discount rate makes loans from the Fed more affordable. Commercial banks will opt to borrow from the Fed at lower rates and lend out to households and firms at a higher interest rate, thereby making profits. Reducing the discount rate increases the money available for banks to lend out. Households and businesses will borrow this money for development and investments, which ignites economic growth.

Answer:

reducing the discount rate

Explanation:

ap3x

China is the #1 producer of wheat; however, the United
States also produces wheat.
What reason(s) might the U.S. have to sell its own wheat as
well as wheat produced in China?

Answers

Economically speaking, where China is the Number 1 producer of wheat and the United States also produces wheat, the U.S. may sell both Chinese and American-produced wheat to meet demand and diversify sources of supply.

What is Supply in Economics?

Supply in economics refers to the quantity of a resource that businesses, producers, laborers, financial asset providers, or other economic actors are willing and able to deliver to the market or to an individual. Supply can be in the form of manufactured items, labor time, raw resources, or any other rare or valued item.

Economic variety or economic diversification refers to changes in a region's or country's economic position or utilization of a diverse range of economic activities.

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remics assemble mortgages into pools and issue pass-through certificates, multi-class bonds, or other securities to investors in which type of market?

Answers

Answer:

Explanation:

REMICs assemble mortgages into pools and issue securities to investors in the mortgage-backed securities (MBS) market. This market allows investors to buy and trade MBS, which include pass-through certificates, multi-class bonds, or other types of securities backed by mortgages.

Read the sentence.

Because of the presence of many _[blank]_, California is a leader in entrepreneurship and innovation.

Which best completes the sentence?

A)court battles
B)wealthy investors
C)hardships
D)frontier people

Answers

Answer:

D) frontier people

Answer:

the correct answer is  wealthy investors

Explanation:

I got a 100% on the test and answer D was icorrect the first time I took it.

(Determining Cash Balance) Presented below are a number of independent situations.
Instructions
1. For each individual situation, determine the amount that should be reported as cash. If the item(s) is not reported as cash, explain the rationale.
2. Checking account balance $925,000; certificate of deposit $1,400,000; cash advance to subsidiary of $980,000; utility deposit paid to gas company $180.
3. Checking account balance $600,000; an overdraft in special checking account at same bank as normal checking account of $17,000; cash held in a bond sinking fund $200,000; petty cash fund $300; coins and currency on hand $1,350.
4. Checking account balance $590,000; postdated check from customer $11,000; cash restricted due to maintaining compensating balance requirement of $100,000; certified check from customer $9,800; postage stamps on hand $620.
5. Checking account balance at bank $37,000; money market balance at mutual fund (has checking privileges) $48,000; NSF check received from customer $800.
6. Checking account balance $700,000; cash restricted for future plant expansion $500,000; short-term Treasury bills $180,000; cash advance received from customer $900 (not included in checking ac- count balance); cash advance of $7,000 to company executive, payable on demand; refundable de- posit of $26,000 paid to federal government to guarantee performance on construction contract

Answers

Cash balance should be reported as $925,000 (checking account balance) and $180 (utility deposit paid to gas company).

The certificate of deposit and cash advance to subsidiary are not considered cash because they are not readily available for use in day-to-day transactions.

Cash balance should be reported as $601,650 ($600,000 checking account balance + $1,350 coins and currency on hand + $300 petty cash). The overdraft and cash held in a bond sinking fund are not considered cash because they are not available for immediate use.

Cash balance should be reported as $600,620 ($590,000 checking account balance + $11,000 postdated check + $9,800 certified check + $620 postage stamps on hand). The cash restricted due to maintaining compensating balance requirement is not considered cash because it cannot be used for day-to-day transactions.

Cash balance should be reported as $611,620 ($590,000 checking account balance + $11,000 postdated check + $9,800 certified check + $620 postage stamps on hand + $100,000 cash restricted due to compensating balance requirement). The NSF check is not considered cash because it represents a loss to the company.

Cash balance should be reported as $84,000 ($37,000 checking account balance + $48,000 money market balance). The NSF check is not considered cash because it represents a loss to the company.

Cash balance should be reported as $1,126,900 ($700,000 checking account balance + $180,000 short-term Treasury bills + $900 cash advance received from customer + $7,000 cash advance to company executive + $239,000 refundable deposit paid to federal government).

The cash restricted for future plant expansion is not considered cash because it cannot be used for day-to-day transactions.

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a beneficial (favorable) supply shock will result in __________ unemployment and _________ inflation.

Answers

A beneficial (favorable) supply shock will result in lower unemployment and lower inflation due to increased productivity and decreased costs of production.

A beneficial (favorable) supply shock has a significant impact on production. It typically leads to an increase in productivity and output. When supply increases due to factors such as technological advancements or improved efficiency, businesses can produce more goods or services at a lower cost. This, in turn, can lead to higher economic growth, job creation, and reduced unemployment as more resources are utilized. Additionally, the increased supply can also put downward pressure on prices, leading to lower inflation rates as the cost of production decreases.

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In a business environment, potentially serious errors in emails include Multiple select question. accidentally releasing confidential data. addressing emails to the wrong recipients. using a subject line that reveals too much about content. unknowingly sending sensitive information.

Answers

In a business environment, potentially serious errors in emails include:

Unknowingly sending sensitive informationAccidentally releasing confidential dataAddressing emails to the wrong recipients.

Errors in emails.Unknowingly sending sensitive information: Sender may mistakenly or unknowingly send out information that are sensitive to the receipt which inturn may cause harm or damage the business.

Accidentally releasing confidential data: Releasing information or data that are confidential often lead to breach of confidentiality and this can affect the business.

Addressing emails to the wrong recipients is a common error that often happen when sending out email as the sender can mistakenly address the email to a wrong person.

Inconclusion In a business environment, potentially serious errors in emails includes: Unknowingly sending sensitive information, Accidentally releasing confidential data and Addressing emails to the wrong recipients.

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Which type of insurance provides reimbursement for costs associated with custodial care in a nursing facility or at home?

Answers

long-term care insurance

long-term care insurance Provides reimbursement for costs associated with intermediate-term and custodial care in a nursing facility or at home. managed care plans Plans that seek to control the conditions under which health care can be obtained.

Insurance companies use your hobbies, health, and family history to determine your classification. The classifications are Preferred Plus, Preferred, Standard Plus, Standard, and Substandard. A minimum rate applies to persons in the Preferred Plus category.

Life insurance is a contract between a policyholder and an insurance company in which the insurer promises to pay a certain amount in premiums upon the insured's death or after a specified period of time. can be defined as

(Insurance: General) The class of insurance is the type of coverage, such as liability, health, legal costs, or construction risk. Health insurance premiums account for only a small percentage of total accidents and health insurance premiums

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Jake, a store keeper at Triscent Hypermarket, is accused of stealing food products from the store. When confronted by his manager, Jake justifies his act by claiming that his monthly pay is not sufficient to support his family of five members. In this scenario, the defense mechanism used by Jake is _____. Group of answer choices conversion fantasy flight rationalization

Answers

Answer:

Rationalisation

Explanation:

Rationalisation is the attempt by an individual to justify an action, behaviour, or attitude with logical reasoning. Mostly the reasons given are not appropriate enough.

In the given instance Jake is accused of stealing food products from the store, he justifies his act by claiming that his monthly pay is not sufficient to support his family of five members.

This is not enough reason to still but he still tries to rationalise his action based on his low salary.

Which Energy Generation careers are expected to have a decline in jobs between 2010 and 2020? Check all that
apply.
Surveyors
Solar Energy Installation Managers
Nuclear Power Reactor Operators
Power Plant Operators
Mine Shuttle Car Operators

Answer: Power Plant Operators, and Mine Shuttle Car Operators

Answers

Answer:

d and e

Explanation:

hope this helps

Answer:

d,e

Explanation:

All of the following describe characteristics of organizational change EXCEPT
O a. an organization may resist change.
O b. an organization may promote change.
O c. change is inevitable.
O d. resistance to change should be eliminated.
o e. resistance to change is inevitable.

Answers

All of the following describe characteristics of organizational change EXCEPT d. resistance to change should be eliminated.

What is an organization?

An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union. The term "organization" can be used to describe a person, a group, a company, or the process of creating or developing anything.

An organization is a formal gathering of people, such as a business, charity, political party, or club. The majority of these specialty schools are run by nonprofit institutions. ... an International Labor Organization report. Synonyms: organization, firm, party, or body Additional words for organization

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6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford

Answers

Answer:

earn .

He is not a skilled worker. He doesn't earn much.

Explanation:

He doesn't earn much.....

As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing

Answers

Answer:

The correct answer will be "Editing".

Explanation:

Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).

The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.

Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:

Answers

Answer: Excessive cost

Explanation:

Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

Which of the following is least likely to help you
choose an academic major?
A. Your guidance counselor
O B. An interest inventory
O C. The major your friend chooses
O D. An internship

It’s C

Answers

Your friend's academic major choice is least likely to influence your decision.

What aspects of your chosen profession intrigue you?

Consider your interests and favourite leisure activities. For instance, perhaps you like reading or watching the news. These passions could result in a career as a journalist. You can recall your favourite lessons, best internships, and the tasks that gave you the greatest satisfaction.

What is an example of your job path?

Often, when we talk about career routes, we mean either your path through a certain industry or through a particular company. For instance, if becoming a principal is your aim, you would normally begin by working as a teacher and earning your administrative credentials concurrently.

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how to get all one hundreds on report card

Answers

Answer:

well thats easy all you have to do is get a good grade on every single assignment in every class

Explanation:

which is very hard

Answer:

To do your work and stop asking how to get around it on Brainly. Please don't cheat, your teacher can see past that, especially when you copy verbatium like I bet you do.

Explanation:

Other Questions
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