Is economic growth equal for all countries?

Answer with Explanation:

The world is a wonderful place to live, it is full of beauty and adventure indeed; however, not everyone can appreciate it. This is because not all people can see the positive side of what is happening around them.

People who cannot sense the beauty in the world are blinded by their sufferings. For example, a person who was abandoned by her lover will truly feel depressed. However, there is actually beauty in such pain. Being abandoned makes a person stronger than before and it allows him to tackle the future challenges in life courageously.

Another example, if you hate somebody and dwell on that hatred for long time, you won't be able to open your eyes. A way out for such hatred is making a good connection with that person rather than hating him. It's a positive move and will truly make your relationship more beautiful.

This is because of economic "Economic Security".

Economic security is characterized as a person's, family's, or alternately local area's capacity to meet their essential requirements in a feasible and honorable way. This shifts relying upon a person's actual prerequisites, the general climate, and social standards.

When a person is able and eager to work, but they are not employed, they are considered to be unemployed. A person's percentage of the labour force who is jobless is known as the unemployment rate. Consequently, knowing who is employed is necessary to calculate the unemployment rate.

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Earth Star Diamonds Inc. began a potentially lucrative mining operation on October 1, 2020. It is authorized to issue 100,000 shares of $0.60 cumulative preferred shares and 500,000 common shares. The company uses the cash dividends account to keep track of all dividends declared. Journal entries are needed to record each of the following transactions:

Oct. 1: 1,000 shares of the preferred shares were issued for cash at $5.60 each.10: 58,000 common stock shares were issued for cash at $4.40 per share.15: Earth Star purchased land for $194,000. The balance was borrowed from the bank, and the company paid $70,000 in cash.20: 19,000 preferred shares were issued for a total of $108,680 in cash proceeds.24: Dividends of $26,960 were declared today on the common shares, in addition to the annual dividend on the preferred shares. The dividend will be paid on November 15, 2020.31: The company earned revenues of $980,000 during the month, all of which were paid in cash. The company incurred $340,000 in expenses during the same period, all of which were paid in cash.

The following are the journal entries for the transactions that Earth Star Diamonds Inc. should record in the Cash Dividends account:

Oct. 1: Credit: Preferred Shares, 1,000 shares x $5.60 = $5,600

Debit: Cash, $5,60010: Credit: Common Stock, 58,000 shares x $4.40 = $255,200

Debit: Cash, $255,20015: Credit: Bank Loan, $124,000

Credit: Cash, $70,000

Debit: Land, $194,00020: Credit: Preferred Shares, 19,000 shares x $5.72 = $108,680

Debit: Cash, $108,68024: Credit: Dividends Payable, Common, $26,960

Credit: Dividends Payable, Preferred, $11,200

Debit: Retained Earnings, $38,16031: Credit: Revenue, $980,000

Debit: Expenses, $340,000

After recording the journal entries, the following entries will be made to close the Income Summary and Dividends accounts:

Credit: Income Summary, $640,000 (Revenue $980,000 - Expenses $340,000)

Debit: Dividends Payable, Preferred, $11,200

Debit: Dividends Payable, Common, $26,960

Debit: Income Summary, $640,000

Credit: Retained Earnings, $601,840 (Income Summary $640,000 - Dividends $38,160)

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The difference between a salary and a wage is that A. A salary is a flat rate for an entire month or year while a wage is an hourly rate of pay.

Salaries are flat amounts that a person gets after a period which is usually a month or semi-monthly.

Wages on the other hand are the rate at which a person is paid for every hour of work they put in.

In conclusion, option A is correct.

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A bank that makes most of its long-term loans at adjustable interest rates is increasing credit risk and reducing interest rate risk. The correct option is b.

Interest rate risk is the potential for investment losses that can be triggered by a move upward in the prevailing rates for new debt instruments. If interest rates rise, for instance, the value of a bond or other fixed-income investment in the secondary market will decline. The change in a bond's price given a change in interest rates is known as its duration.

Interest rate risk can be reduced by buying bonds with different durations, or by hedging fixed-income investments with interest rate swaps, options, or other interest rate derivatives.

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Answer:

The management of large  amount of money.

Explanation:

Answer:

Finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments.

Answer:AMS

Explanation:

AMS AKS;

The each winemaker's profit is 70000 and -250000 for Camille and Hortense respectively and Paulette's profit is - 10000.

Profit is the amount that the company earns over the cost of the production they have used in the business

For Paulette it is 120000-50000-80000= -10000

So this is calculated by deducting fixed and variable cost from revenue

Same will be for other two mentioned.

-70000 and -250000 for Camille and Hortense respectively

Costs that fluctuate in response to changes in the quantity of a product or service produced by a company are referred to as variable costs.The sum of marginal costs for all units produced constitutes variable costs. They can also be regarded as standard expenses. The total cost is made up of two parts: fixed costs and variable costs.

Costs that do not change when production or sales volumes increase or decrease are known as fixed costs. This is on the grounds that they are not straightforwardly connected with assembling an item or conveying a help. Consequently, fixed costs are regarded as indirect costs.

Paulette, Camille, and Hortense each own wineries in France. They produce inexpensive, mass-market wines. Over the last few years, such wines sold for 7 euros per bottle, but with a global recession, the price has fallen to 5 euros per bottle. Given the information below, calculate each winemaker's profit. Winemaker Fixed Costs Variable Costs Recession Revenues Profits Paulette 50,000 80,000 120,000 Camille 100,000 40,000 70,000 Hortense 200,000 250,000 200,000

A. Paulette -10,000, Camille = -70,000, Hortense = -250,000

B. Paulette 40,000, Camille = 30,000, Hortense = -50,000

C. Paulette 70,000, Camille = -30,000, Hortense = 0

D. Paulette = 90,000, Camille = 10,000, Hortense = 150,000

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Answer:

C) Reflecting on the effects of her past actions to evaluate how they affected herself and others

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

In this scenario, Monica recently got a promotion to a management role with greater scope and responsibility. She wants to be as effective as possible in her new job. Thus, what could help her improve her ability to manage her new subordinates is reflecting on the effects of her past actions to evaluate how they affected herself and others.

Generally, having a reflection on past decisions and actions would help anyone in a leadership position to assess or evaluate how they have affected their organization, subordinates and themselves either positively or negatively.

Answer:

I. This loan is secured by the value of the plant.

II. This loan is secured by other business assets.

III. The loan is made based on forecasted future returns from the investment.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

In this scenario, the ABC Company borrows money to expand their funiture plant. Thus, the following statements are very likely true;

I. This loan is secured by the value of the plant as a collateral incase the company defaults in the timely repayment of the loan.

II. This loan is secured by other business assets as a collateral incase the company defaults in the timely repayment of the loan.

III. The loan is made based on forecasted future returns from the investment. This is the basis on which debts such as loans are serviced.

Jasper's entry to record the $94,000, 90-day, 7% cash loan to Clayborn Company would involve both a debit and a credit entry in his accounting records.

Firstly, Jasper would debit Clayborn Company for the amount of the loan, which is $94,000. This debit entry would increase the asset account of Jasper's cash balance, indicating that he has made a loan to Clayborn Company.

Next, Jasper would credit his own account for the same amount, $94,000. This credit entry would increase the liability account of Jasper's notes payable balance, indicating that he owes this amount to Clayborn Company.

To account for the interest on the loan, Jasper would also record an adjusting entry at the end of the 90-day term. Assuming the loan is due at the end of the 90-day period and Clayborn Company pays off the loan in full.

Jasper would record an additional credit entry for $1,645, which is the interest earned on the loan (i.e., $94,000 x 7% x 90/365). This credit entry would increase Jasper's interest income account, indicating the interest income earned on the loan.

Overall, Jasper's entry to record the transaction would be:

Debit: Clayborn Company $94,000

Credit: Jasper's Notes Payable $94,000

At the end of the loan term:

Debit: Jasper's Notes Payable $94,000

Credit: Cash $94,000

Adjusting entry for interest income:

Debit: Interest Receivable $1,645

Credit: Interest Income $1,645

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Answer:

$44,000

Explanation:

Calculation to determine how much of the $50,000 bill will the insurer pay

Total bill for medical services $50,000

Less medical expense policy calendar-year deductible ($1,000)

Less annual out-of-pocket limit $5,000

Bill payment $44,000

($50,000-$1,000-$5,000)

Therefore how much of the $50,000 bill will the insurer pay is $44,000

In Bahrain, the applicable laws for resolving contract disputes can include: Bahrain Commercial Companies Law: This law governs the formation and operation of commercial companies, including subcontracting companies.

Bahrain Civil Code: The Civil Code contains provisions related to contracts, obligations, and liabilities. It may cover aspects such as breach of contract, compensation for damages, and principles of contractual interpretation. In order to resolve the dispute and come to an appropriate conclusion, the parties involved can consider the following steps: Contractual Interpretation: Review the terms and conditions of the formal contract signed between the two parties to determine if there are any clauses or provisions that address the issue of compensation for delays or unforeseen circumstances. It is important to carefully examine the contract language to understand the rights and obligations of each party.

Negotiation and Mediation: The parties can attempt to negotiate a mutually acceptable resolution through direct discussions or mediation. Mediation involves the intervention of a neutral third party who facilitates communication and assists the parties in reaching a settlement.

Arbitration: If negotiation or mediation fails to resolve the dispute, the parties can consider arbitration. Bahrain has established the Bahrain Chamber for Dispute Resolution (BCDR-AAA) to handle commercial disputes through arbitration and other alternative dispute resolution mechanisms. Legal Action: If all other avenues fail, the parties can resort to legal action by filing a lawsuit in the appropriate Bahraini court. The court will consider the relevant contract laws and evidence presented by both parties to determine the outcome of the case. It is important to consult with a legal professional to understand the specific details of the case, review the contract terms, and receive advice tailored to the Bahraini legal system and circumstances involved.

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The best definition of managerial economics managerial economics is a distinct field of economic theory.

Economics is the study of scarcity and its effects on the use of resources, the production of products and services, the growth of production and welfare through time, and a wide range of other complicated issues of essential significance to society.

Economics education aids in a person's comprehension of their environment. It enables individuals to comprehend others, organizations, markets, and governments, enabling them to better adapt to risks and opportunities that arise as circumstances change.

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The prediction that "mergers in the first part of the twenty-first century will be the result of cash-rich companies looking to acquire businesses that will enhance their position in the marketplace" is true.

What is merger?

Merger means the fusion of two or more firms, it is mostly likely that a bigger company, such a bigger pharma company sees the need to acquire another smaller firm which  has potentials in areas other than  that of the bigger firm which would enhance the market value of the bigger firm in the market when the smaller one is acquired.

In most case, cash-rich companies see the need to use a portion of their large cash reserve to build a diversified portfolio of products by seeking to buy over smaller  but lucrative businesses.

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There's always an end date  even the most successful events reach the decline stage.

Having attainable, measurable, and quantifiable goals is the first step in creating a realistic budget. In this approach, both the forecast and the budget are transformed into useful tools for achieving success.

Budgeting entails creating a properly thought-out strategy for how much money you can spend on a certain activity in any industry. Yet, one of the reasons it's so important for event planning is that it enables planners to establish a goal profit and determine the amount they must earn to break even.

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A normal cost system applies overhead to jobs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job. Thus, option (b) is correct.

This process of applying overhead manufacturing costs to jobs is called normal costing under the normal cost system, which applies overhead to costs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the jobs.

The overhead costs applied to jobs using a predetermined overhead rate are recorded as credits in the manufacturing overhead account. Actual overhead costs are not assigned to jobs in a normal cost system.

As a result, the significance of the normal cost system applies overhead to jobs are the aforementioned. Therefore, option (b) is correct.

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Your question is incomplete, but most probably the full question was.

A normal cost system applies overhead to jobs ________.

A. By multiplying a predetermined overhead rate by the estimated amount of the allocation base incurred by the job.

B. By multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job.

C. Using the actual amount of overhead caused by each job.

D. Using the normal amount of overhead caused by each job.

Increase in input costs could be the most likely explanation for the rise in equilibrium price of french fries and fall in equilibrium quantity.

The equilibrium price of french fries and equilibrium quantity are determined by the intersection of demand and supply curves. If the price of a key input for french fries production, such as potatoes or cooking oil, increases, the supply curve for french fries shifts to the left, leading to a reduction in equilibrium quantity and an increase in equilibrium price. As the cost of producing french fries increases, sellers may have to raise prices to maintain profitability. At the same time, buyers may be less willing or able to purchase as much french fries at the higher price, leading to a decrease in equilibrium quantity. Other factors that could affect the equilibrium price and quantity of french fries include changes in consumer tastes, shifts in government policies and regulations, and technological innovations in the production process.

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Answer:decrease

Explanation:

A company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will be decreased.

The primary purpose of the debt-to-total assets ratio is to assess a company's capacity for borrowing additional funds. By comparing the ratio to other businesses in the same industry, that assessment is made.

Debt capacity measures a company's power to service its existing debt as well as its capacity to borrow money if necessary from additional sources of debt.

A corporation is said to be more leveraged the higher its debt-to-total assets ratio. If their revenues fall, highly leveraged businesses have a higher risk of missing loan payments, and it is more difficult to obtain additional debt to weather a slump.

Therefore, a company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will be decreased.

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Answer:

use cash

Explanation:

its less confusing.

a. Interim payment: Partial payment made during a project before its completion to cover ongoing expenses and maintain cash flow.

b. Contents in a contract: Provisions in a contract that outline the rights and obligations of the parties involved.

Interim payment refers to a partial payment made to a contractor or subcontractor during the course of a project. It ensures that the contractor has sufficient funds to cover expenses and maintain cash flow while the project is still ongoing. Interim payments are typically based on the progress or work completed at a specific stage of the project.

The contents of a contract include all the provisions and terms that define the rights and obligations of the parties entering into the contract. These provisions can cover various aspects such as scope of work, payment terms, delivery schedules, warranties, dispute resolution mechanisms, and other relevant contractual terms. The purpose of including these contents in a contract is to establish a clear understanding between the parties, ensure compliance with agreed-upon terms, and provide a legally binding framework for the execution of the contract.

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Answer:

The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.

Explanation:

Answer:

quaternary, because it involves research

Explanation:

Answer:

c

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Explanation:

The long-run aggregate supply curve is vertical because it is not influenced by changes in the price level, only by shifts in production technology, population, and capital. Changes in aggregate demand can change output, employment, and the price level in the short run.

What could cause the long-run equilibrium price level to decrease if the position of a nation's long-run aggregate demand curve has not changed?

A decrease in the quantity of money in circulation (C) would reduce the price level and lower the long-run equilibrium level of prices. If all other things are held constant, a decrease in the quantity of money will reduce the demand for goods and services, lowering the price level and returning the economy to long-run equilibrium at a lower price level. An increase in labor productivity (A) and a technological improvement (E) would increase aggregate supply, decreasing the price level and increasing long-run equilibrium output.

New mineral resources (D) would also increase aggregate supply, lowering prices and raising output in the long run. A decrease in the capital stock (B) would decrease aggregate supply, increasing prices and reducing long-run equilibrium output.

However, a decrease in the quantity of money in circulation would decrease the demand for goods and services, lowering the price level and returning the economy to long-run equilibrium at a lower price level. Thus, an option C is the correct answer.

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Maria may have to pay penalties and interest costs if she tries to file her tax return now after failing to do so last year.

If a taxpayer files their tax returns after the deadline is complete or fails to make a timely tax payment, the Internal Revenue Service (IRS) will assess fines and interest. Late filing fees start at 5% of the taxes owed per month and go up to a maximum of 25% of the taxes owed. The IRS also assesses interest on delinquent taxes, which accumulates everyday until the taxes are fully paid.
There are some four criteria that determine whether you must file a tax return: income, education level, age, and the presence or absence of unique factors. You can still collect tax credits and other perks even if you don't have to submit taxes.

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The management function that structures the resources and activities to accomplish its objectives efficiently and effectively is known as Organizing.

An Organizing function means a management function that assembles people, organizes resources and distributes the planned work necessary to carry out the managers plan.

In conclusion, the organizing function is very important because its ensures an effective role-job-fit for every employee in the organization.

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Answer:

to judge if laws made by the legislative branch are constitutional

Explanation:

Answer:

to judge the constitutionality of laws

Explanation:

Answer:command economy

Explanation:

According to the above scenario, the young worker is most likely part of Market economic system. Thus, option (D) is correct.

Market Economy refers to that kind of the market situation in which the two market forces guide the working of the economy that are supply and demand.

These forces create and destroys the goods and services in the economy. It helps in the determination of the level of the prices of the goods and services. It is made on the free transactions and not by the rule of the government.

According to the above scenario, the young worker is working in the market economy, in which she gets the job and negotiated a good salary.

Therefore, it can be concluded that market economy is the correct option. Thus, option (D) is correct.

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In regards to the comparison between the LPM (Linear Probability Model) and the Logit Model, the following statement is true:

The Logit Model is preferred over the LPM Model when analyzing binary outcomes, such as whether a sale occurs or not (0 or 1), as it provides more accurate estimates and addresses issues related to heteroscedasticity and functional form.

The LPM Model is a linear regression model that directly estimates the probability of an event occurring. It assumes that the relationship between the predictors and the outcome is linear. However, the LPM Model can be problematic when it comes to heteroscedasticity (unequal variances) and the fact that predicted probabilities can fall outside the [0, 1] range.

On the other hand, the Logit Model is a type of regression model used for binary outcomes. It employs the logistic function to estimate the probability of an event occurring. The Logit Model overcomes the limitations of the LPM Model by addressing heteroscedasticity and ensuring that predicted probabilities are bounded between 0 and 1.

When analyzing binary outcomes like the occurrence of a sale (0 or 1), the Logit Model is generally preferred over the LPM Model due to its ability to handle heteroscedasticity and produce bounded probabilities. It provides more accurate estimates and better fits the nature of binary outcome variables.

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