many economists believe the bias in the cpi is now only about half as large as it once was. T/F?

Answers

Answer 1

False. Many economists do not believe that the bias in the Consumer Price Index (CPI) has decreased to half of its previous size. In fact, there is ongoing debate and discussion among economists regarding the accuracy and biases of the CPI.

The CPI is a widely used measure of inflation that tracks changes in the average prices of a basket of goods and services commonly purchased by households. However, economists recognize that the CPI may suffer from several sources of bias, including substitution bias, quality change bias, and outlet bias.

Substitution bias occurs when consumers adjust their purchasing patterns in response to price changes, substituting cheaper goods for more expensive ones. The CPI does not fully account for this substitution effect, leading to an upward bias in the measured inflation rate.

Quality change bias arises when the quality of goods and services improves over time. The CPI does not always fully capture improvements in quality, resulting in an overestimation of inflation.

Outlet bias refers to the fact that the CPI may not adequately capture price changes at discount retailers or online platforms, which can lead to an upward bias in the measured inflation rate.

While efforts have been made to address these biases and improve the accuracy of the CPI, it is still subject to ongoing scrutiny and criticism. Economists continue to research and debate the magnitude of these biases and explore alternative measures of inflation.

Therefore, the statement that many economists believe the bias in the CPI is now only about half as large as it once was is not accurate. The issue of bias in the CPI is complex and multifaceted, and the extent of any reduction in bias remains a topic of discussion and analysis within the economics community.

To learn more about CPI, click here: brainly.com/question/20397912

#SPJ11


Related Questions

The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a high enough level,
such as an amount greater than $10 per 1,000 yen. If you convert this price into the form typically quoted in the newspaper, this price corresponds to_____yen per dollar.

Answers

Answer:

0.1 yen per dollar?  if i got it wrong sorry

Explanation:

Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?

a. accounts payable b. cash c. common stock d. accounts receivable e. rent expense f. service revenue g. office supplies h. dividends i. land j. salaries expense

Answers

The different accounts and their classification are listed below

:a. Accounts Payable: It is a liability account that records the amount the business owes to creditors.

b. Cash: It is an asset account that reflects the amount of currency and coins on hand as well as in the bank.

c. Common Stock: It is a shareholders’ equity account that represents the amount of money the business owes to its owners.

d. Accounts Receivable: It is an asset account that reflects the amount that the business owes to its creditors.

e. Rent Expense: It is an expense account that records the amount of rent paid by the business for the use of land, building, or equipment

.f. Service Revenue: It is an income account that reflects the total amount of money that the business has earned from rendering services.

g. Office Supplies: It is an asset account that reflects the amount of supplies that the business has on hand.h. Dividends: It is a shareholder’s equity account that records the money paid to shareholders.i. Land: It is an asset account that represents the value of land owned by the business

j. Salaries Expense: It is an expense account that records the amount of salaries paid by the business to its employees.

To know more about stock here

https://brainly.com/question/26128641

#SPJ4

Insurance company investments best reflect social responsibility by which one of the following?

Select one:

A. Seeking the highest return on investment.

B. Reducing the need for reserves.

C. Allowing government units to borrow money.

D. Fueling growth of commerce.

Answers

Insurance company investments best reflect social responsibility by seeking the highest return on investment. Option A is the most accurate choice.

While it may seem counterintuitive at first, seeking the highest return on investment is the most responsible approach for insurance companies. Insurance companies have an obligation to their policyholders to manage their investments in a way that maximizes returns while minimizing risks. By achieving the highest return on investment, insurance companies can generate the necessary funds to fulfill their financial obligations to policyholders, such as paying out claims and providing coverage.

Higher returns on investments also enable insurance companies to remain financially stable and solvent, which is crucial for their long-term sustainability. This stability allows them to honor their commitments to policyholders, contribute to economic growth, and support the overall stability of the insurance industry.

While reducing the need for reserves, allowing government units to borrow money, and fueling the growth of commerce may have their own merits and impacts on society, they are not specifically aligned with the core responsibility of insurance companies to ensure financial security and protection for their policyholders.

Learn more about investments here

https://brainly.com/question/29547577

#SPJ11

A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. What caused the change in this scenario

Answers

Answer:

Consumer activism

Explanation:

From the question we are informed about A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. In this scenario, the cause of the is Consumer activism. Consumer activism can be regarded as process whereby activists stand and seek to influence the process and ways that producers use in production and delivering of goods or services. Definition by Kozinets and Handelman explained it as any social movement that is been raised as society's drive as regards consumption and to detriment of business interests.

Countries trade with each other when they need goods they cannot produce
themselves. They also trade to take advantage of their own resources and surplus of
goods.
Check Your Understanding
Attempt 1 of 2
What are three reasons that might encourage a country to engage in trade?
A. The country lacks the ability to produce any goods.
B. The country has the natural resources to produce a specific good.
C. The country lacks an essential material.
D. The country can specialize in the production of a specific good.
E. The country can produce everything it needs.

Answers

Answer:

c

Explanation:

Which of the following is a poor reason to choose a profession?
A. You want to follow your passions.
B. You feel confident that you will succeed.
C. You have let others persuade you to do it.
D. You would provide value to what you do.

Answers

C, you have let others persuade you to do it
The answer is C.

Explanation:

If someone has to persuade you to do a specific profession, then it just means that that career path isn’t the one you want to go down.

What is a commission, as it relates to the stock market? a. the act of making stock available to buy b. a request to buy a specific kind of stock c. profit made from selling stock d. a fee paid to a broker for making a trade

Answers

Answer: A. The act of making stock available to buy

Explanation:

Of every 500,000 jobs in the U.S., the approximate number of those through international firms are _____.

Answers

Answer:

90,000

Explanation:

Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called

Answers

Answer:

The appropriate answer is "License agreement".

Explanation:

A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.

The price of soft drinks increases. Which of the following is not part of the likely chain of events that follows from this price​ change? A. Producers of soft drinks increase their production of soft drinks. B. The manufacturers of soda−canning machines lay off some workers. C. Some consumers of soft drinks reduce their consumption of soft drinks. D. The demand for fruit juices increases.

Answers

Answer:

The correct answer is the option B: The manafactures of soda-canning machines lay off some workers.

Explanation:

On the one hand, all of the events presented in the text will happen after the price of the good increases. And that is because of the regular laws of the economy, for example, when the price of a good increases the supply of this one will increase as well and the demand of substitutes of the product will increase as well and the demand of it will decrease.

On the other hand, the manufactures of product that are substitutes to the good will increase its production due to the fact that now their product will be more demanded because the other good have just increased in price. So it is not possible that the manufactures of soda-canning lay off some of their workers.

What is the difference between needs, wants and demand

Answers

Needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for.

Explanation:

:))

the economic value of ecotourism

Answers

Answer:

Explanation:

Ecotourism is a type of tourism to conserve and improve natural rural areas. It fuses the ideas of environmental protection, cultural awareness, and low impact travel for vacationers.

It has three main goals. They are:

1. To economically and socially benefit local people

2. Conserve the existing culture and habitat of a region.

3. Prevent harmful impacts to the environment.

Ecotourism celebrates the hyper-local importance of regional biodiversity, nature and geography. It helps appreciate the beauty of animals and plants without impacting them with pollution, excessive water and energy use and overcrowding.

Countries like Costa Rica, Madagascar, Kenya, and Ecuador have adapted ecotourism very integrally.

Some of the possible economic benefits of ecotourism are that it can provide job opportunities to the local community which will provide them with a source of income and improved lifestyle for the locals. It can bring foreign currency into the country when the foreigner pays for entrance fees, local food, souvenirs etc.

According to United Nations World Tourism Organization there were an estimated 25 million tourist arrivals in 1950, but that number increased drastically by 2018, reaching an astonishing 1.4 billion tourist arrivals. In 2019, global travel and tourism contributed to 8.9 trillion to the world's GDP.

Ecotourism should also include education and interpretation for cultural bridge building. This fosters respect between staff, visitors, community members and increase its economic value. It not only maintains a healthy ecosystem but also provides economic support to those who need it.

.Lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. She has to decide whether to use a credit card or to finance the bike through the store. Which questions should Lakesha answer before making her decision? Check all that apply.
What is the difference in the finance charges for the two choices?
How much will the bike cost when adding the finance charges to the price?
Can I pay at least the minimum payment each month?
Will I be able to make the payments and avoid late fees?

Answers

Lakesha should consider the following questions before deciding whether to use a credit card or finance the bike through the store:  What is the difference in finance charges,  How much will the bike cost, Can Lakesha afford to pay, Will Lakesha be able to make the payments

1. What is the difference in finance charges for using a credit card and financing through the store?


2. How much will the bike cost when adding the finance charges to the price for each option?


3. Can Lakesha afford to pay at least the minimum payment each month for both options?


4. Will Lakesha be able to make the payments on time and avoid late fees with either choice?

By addressing these questions, Lakesha can make an informed decision on which method of payment best suits her financial situation and needs.

To know more about credit card, refer here:

https://brainly.com/question/26843485#

#SPJ11

which of these is not a part of culture? a. customs b. factors of production c. material artifacts d. shared systems, attitudes and feelings e. languages

Answers

The term that is not part of culture is b. factors of production. Culture encompasses the shared systems, attitudes, and feelings that distinguish a society's members from one another. Customs, material artifacts, languages, and shared systems are all aspects of culture.What is Culture .

Culture is a term that refers to the complex social and material environment that surrounds us. It includes all of the elements that make up a society's worldview, including customs, material artifacts, languages, shared systems, and attitudes.Culture encompasses everything from the food we eat to the way we dress and interact with others. It shapes our attitudes and values and influences our behavior. Culture is not something that exists independently of people but is instead a reflection of the people who create and maintain it.Culture is a product of human creativity and innovation, as well as a result of social and economic changes over time.

To know more about culture  , visit;

https://brainly.com/question/514395

#SPJ11

Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.

Answers

Answer:

As I look around my house I find a pocket watch that has helped me tell time, a handy knife that saved my but while camping, a flashlight that helps me see in the dark, and books that I read to allow my mind to wonder. I’ve even got a feather pen I use to write down important notes. Each of these items required trade in order to receive. I traded an old knife for the pocket watch, a few books for new books, and so on with the other items. Trading is a form of giving to receive and can be used to get someone you want from someone else who wants something you have. However trading isn’t that easy due to the fact of poor trades such as a trade I once did for a hammer, I traded a spool of wire for the hammer only to realize that I needed the wire more then the hammer. Not all trade is bad though because it can also benefit you by getting you something better and even someone else something they need. That is the importance of trade.

Explanation:

Prime cost is directly related to production. So, per unit prime cost can be calculated easily. While on the other hand, overhead does not have direct relationship with production. So, to calculate per unit cost, overhead is classified according to functions.” Explain this statement and also summarize all the overheads according to their functional classification.

Answers

Basically, a firm's prime cost equals the total direct costs of production which includes the cost of raw materials and labor.

The prime cost equation is {Cost of raw materials + Direct labor}

The overhead cost refers to those cost incurred while running a firm but can not be linked to creation of a product or service.

Overhead expenses is the cost remaining after deduction of direct labor, direct materials and direct expenses.

In conclusion, the prime cost and overhead cost are both significant in production of finished goods.

Read more about overhead cost

brainly.com/question/4473400

What type of transactions should be recorded in the Payment, Fee, Withdrawal column
of your check register?

Answers

I don’t know Iam adult but I don’t know

What is the purpose of Lincoln’s Douglas debate?
Ty have a nice day

Answers

Answer:

Until the 17th Constitutional Amendment of 1913, senators were elected by state legislatures, so Lincoln and Douglas were trying to win control of the Illinois General Assembly. The debates were the original media event: their goal was to generate publicity.

Explanation:

I hope this helps! Have a great day!

Students will be able to think flexibly to [apply] an effective strategy to solve a problem. This question has multiple parts. (4 Points) Michael is saving up money to buy his first car. He has a choice between the following savings account interest rates: 1.5% interest compounded yearly 2.4.95% compounded monthly 3.4.9% compounded continuously Find the amount in each account after one year if $5,000 is put into each account initially. Putting yourself in this situation, what account would you invest your savings in to have the best return in five years?

Answers

In one year, the amount in each saving account if $5,000 is put into each account initially is: $5,075 if the interest is compounded yearly, $5,246.35 if the interest is compounded monthly, and $5,248.36 if the interest is compounded continuously.

The total amount in the account after 5 years will be approximately $6,418.39.

Given savings account interest rates are:

1.5% interest compounded yearly

2.4.95% compounded monthly

3.4.9% compounded continuously

Find the amount in each account after one year if $5,000 is put into each account initially, we need to find: Amount in account after 1 year

Interest is calculated as follows:

Simple Interest = (P × R × T) ÷ 100

where P is the principal, R is the rate of interest per annum, and T is the time in years.

Compound Interest = P (1 + R / N)^(Nt)

where P is the principal, R is the rate of interest per annum, t is the time in years, and N is the number of times interest is compounded per year

Interest compounded yearly

Principal, P = $5,000,  Rate of interest, R = 1.5% = 1.5/100 = 0.015, Time, T = 1 year

Simple Interest = (P × R × T) ÷ 100= (5000 × 0.015 × 1) / 100= $75

Amount in account after 1 year = P + SI= $5,000 + $75= $5,075

Interest compounded monthly

Rate of interest per month, R = 4.95/12 = 0.4125% = 0.004125, Principal, P = $5,000Time, T = 1 year, Compounding frequency per year, N = 12,

Compound Interest = P (1 + R / N)^(Nt)= 5000 (1 + 0.004125/12)^(12×1)= $5,246.35 (approx.)

Amount in account after 1 year = $5,246.35 (approx.)

Interest compounded continuously

Rate of interest, R = 4.9% = 4.9/100 = 0.049, Principal, P = $5,000, Time, T = 1 year, Compounding frequency per year, N = ∞

Compound Interest = P (1 + R / N)^(Nt)= 5000 (1 + 0.049/∞)^(∞×1)= $5,248.36 (approx.)

Amount in account after 1 year = $5,248.36 (approx.)

To find the account that would be best to invest savings in for 5 years: Investing in an account that is compounded monthly will yield better returns, hence we will choose option 2. Therefore, in five years, the amount in the account after investing $5,000 initially will be:

Compound Interest = P (1 + R / N)^(Nt) = 5000 (1 + 0.0495/12)^(12×5)= $6,418.39 (approx.)

After 5 years, the total amount in the account will be approximately $6,418.39.

Learn more about Interest:

https://brainly.com/question/20690803

#SPJ11

Panner, inc., owns 30 percent of watkins and applies the equity method. During the current year, panner buys inventory costing $93,100 and then sells it to watkins for $133,000. At the end of the year, watkins still holds only $21,400 of merchandise. What amount of gross profit must panner defer in reporting this investment using the equity method?

Answers

Answer:

Company P should defer $1,926 of unrealized profit in reporting the investment using equity method.

Explanation:

Gross Profit Percentage = Revenue - Cost of goods sold / Revenue

Gross Profit Percentage = $133,000 - $93,100 / $133,000

Gross Profit Percentage = 0.3

Gross Profit Percentage = 30

Unrealized Intra-entity Gross profit = (Remaining ending inventory * Gross profit percentage) * Investor's ownership percentage

Unrealized Intra-entity Gross profit = ($21,400 * 30%) * 30%

Unrealized Intra-entity Gross profit = $6,420 * 30%

Unrealized Intra-entity Gross profit = $1,926

Company P should defer $1,926 of unrealized profit in reporting the investment using equity method.

Explain why you might not want to have passive income as your only source of income.

Answers

Answer:

Passive income is dependent on the actions of others, and you have little influence over the amount of money you earn. Without doing anything different, the money you receive from it might be extremely excellent or very awful. If, for example, you are a novelist and your book is panned, you may not be able to make a living from it. If people like it, on the other hand, you may make a lot of money.

____________

OAmalOHopeO

______________

Answer:

Passive income relies on what others do and you dont really have control over the amount of money you make

A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is

Answers

The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

where P = the principal,

r = the interest rate per month, and

n = the total number of months.

We will calculate the values of P, r, and n using the information provided in the problem statement:

Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040

Principal = $567,000 − $68,040 = $498,960

Interest rate per year = 7.97%

Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:

Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:

Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]

Monthly payment = $3,667.63.

To know more about payment visit :

https://brainly.com/question/32320091

#SPJ11

1) Suppose you have a team of two workers: one is a baker and one is a chef. Explain why the kitchen can produce more meals in a given period of time if each worker specializes in what they do best than if each worker tries to do everything from appetizer to dessert. 2) A consultant works for $200 per hour. She likes to eat vegetables, but is not very good at growing them. Why does it make more economic sense for her to spend her time at the consulting job and shop for her vegetables? 3) What would be another example of a "system" in the real world that could serve as a metaphor for micro and macroeconomics? 4) Why do you think that most modern countries’ economies are a mix of command and market types? 5) What are the similarities between a consumer’s budget constraint a

Answers

I bekekeksns jsndnd 3

Norm worked as a sales person for his firm. When he turned fifty, the office had a party for him. His boss made a lot of jokes about Norm getting too old to keep up with the younger staff. Those comments continued past the party for several months. Norm was fired six months later. When he filed a complaint for age discrimination, the boss defended his actions by saying Norm was fired for not meeting sales quotas. Norm had missed his quota for only one month, and he provided evidence that younger employees who had missed up to three months of the quotas were not terminated. Norm is attempting to show that:

Answers

Answer: the employer's defense was a pretext.

Explanation:

Norm providing evidences that him being fired was unfair shows that Norm is attempting to show that the employer's defense was a pretext.

A pretext simply refers to a false reason which covers the true intentions or motives of an employer. In this case, the employer didn't fire Norm because he didn't meet his sales quota but fired him because of his age.

Therefore, all the defense given by the employer shows that his defense was a pretext.

____ are individuals, acting independently or as part of an organization, who see an opportunity and then take risks to develop an innovation to exploit it.

Answers

Entrepreneurs are individuals... etc.

a major weakness of a partnership is . its high organizational costs. the difficulty in liquidating or transferring ownership the double taxation of income the difficulty in maintaining owners' control

Answers

a major weakness of a partnership is  the difficulty in liquidating or transferring ownership.

What do you mean by liquidation, exactly?

Liquidation is the process of selling off assets and using the proceeds to settle debts with shareholders and creditors. It begins when a company fails and is unable to pay its debts. A company may choose to liquidate itself voluntarily if it wishes to close its doors and sell its assets.

What is the main weakness of a partnership?

One drawback of a partnership is that: The partners' culpability for the company's debts is uncapped. Each partner is "jointly and severally" liable for the debts of the partnership, which indicates that each partner is answerable for both the whole amount of the debts and their respective proportionate share of the debts.

To know more about liquidating visit:

https://brainly.com/question/19988417

#SPJ4

Which of the following statements is FALSE? a Accruals expenses decrease profit b. An accrual is a liability c. A prepayment is an asset d. Accrued income decreases profit

Answers

The false statement is Option (d) Accrued income decreases profit.

Accrual accounting is a fundamental principle in financial reporting that ensures the recognition of revenues and expenses in the period in which they are earned or incurred, regardless of when the actual cash transactions take place. In this context, it is important to understand the nature of accruals and their impact on financial statements.

An accrual represents an expense (liability) or revenue (asset) that has been incurred or earned but has not yet been recorded. This means that option b, "An accrual is a liability," is a true statement. Accruals are essential for matching revenues with expenses in the appropriate accounting period, providing a more accurate representation of the financial position and performance of a company.

Accruals expenses (option a) refer to expenses that have been incurred but not yet paid, and they do decrease profit. This is because the expense is recognized in the period in which it is incurred, regardless of the actual cash outflow. By recording the expense, it reflects the resources consumed in generating revenue. Prepayments (option c) are assets that represent advance payments made for goods or services that will be received in the future. They are recorded as assets because the company has already paid for them but has not yet consumed or utilized the corresponding benefits. Prepayments do not decrease profit; rather, they represent an asset that will be recognized as an expense over time as the goods or services are received.

Accrued income (option d), on the other hand, represents revenue that has been earned but not yet received. It is recorded as an asset because it represents the right to receive payment in the future. Accrued income actually increases profit as it reflects revenue that has been recognized but not yet received in cash or recorded as accounts receivable.

In summary, accruals and prepayments are important concepts in accrual accounting, but their impact on profit is different. Accruals expenses decrease profit, while prepayments are assets and accrued income increases profit.

To know more about Accrued income visit : brainly.com/question/30157583

#SPJ11

Lily runs a painting business. She has two experienced interior painters. One painter can paint a 300-square-foot room in 200 minutes. The other worker can paint a 300-square-foot room in 300 minutes.


If the painters work together, they can paint a 300-square-foot room in

minutes

Answers

If the two painters work together, they can paint a 300-square-foot room in 120 minutes (or 2 hours).

To solve this problem, we can use the formula: Time = Work ÷ Rate

where "Work" is the amount of painting needed to be done (in this case, 300 square feet), and "Rate" is the rate at which each painter can complete the job (in terms of square feet per minute).

Let's find the individual rates of each painter first:

Painter 1: Rate = Work / Time = 300 sq ft / 200 min = 1.5 sq ft/min

Painter 2: Rate = Work / Time = 300 sq ft / 300 min = 1 sq ft/min

To find the combined rate of both painters working together, we can add their individual rates:

Combined rate = 1.5 sq ft/min + 1 sq ft/min = 2.5 sq ft/min

Finally, we can use the formula again to find the time it takes for both painters to complete the job:

Time = Work ÷ Rate = 300 sq ft ÷ 2.5 sq ft/min = 120 minutes

Therefore, if the two painters work together, they can paint a 300-square-foot room in 120 minutes (or 2 hours).

Learn more about “individual rates  “ visit here;

https://brainly.com/question/29805701

#SPJ4

Find the value of a 8.9% Coupon Bond with a required return of 6.54% and 14 years to maturity (using excel).

Answers

The value of the 8.9% coupon bond with a required return of 6.54% and 14 years to maturity is $1,216.20, calculated using Excel's PV function.

Assuming that the bond pays interest semi-annually, the value of the bond can be calculated using the PV function in Excel as follows:

1. In cell A1, enter the number of periods until maturity: 14 x 2 = 28 (since there are 2 semi-annual periods per year for 14 years)

2. In cell A2, enter the required return: 6.54%

3. In cell A3, enter the coupon rate: 8.9% / 2 = 4.45% (since the bond pays semi-annual interest)

4. In cell A4, enter the face value of the bond: $1,000

5. In cell A5, enter the formula: =PV(A2/2, A1, A4*A3, A4)

6. Press enter to get the present value of the bond: $1,263.79

Therefore, the value of the bond is $1,263.79.

Learn more about interest here:

https://brainly.com/question/30393144

#SPJ11

According to the video case "What is Blockchain?", how can the use of Blockchain significantly reduce the likelihood of financial fraud?options: International money transfers using Blockchain must be approved by both country's central bankEvery Blockchain transaction will be recorded on a public and distributed ledgerBlockchain transactions must following existing financial regulations and lawsTransactions on Blockchain are all verified by notaries and other trust services

Answers

According to the video case "What is Blockchain?", the use of Blockchain can significantly reduce the likelihood of financial fraud because every Blockchain transaction will be recorded on a public and distributed ledger.

The transparency and immutability of the distributed ledger mean that once a transaction is recorded, it cannot be altered or deleted. This makes it much more difficult for fraudsters to manipulate transaction records or hide fraudulent activity. Additionally, the use of cryptography and digital signatures in Blockchain transactions can provide enhanced security and authentication measures.

While the other options listed may also contribute to reducing the likelihood of financial fraud in certain contexts, it is the public and distributed ledger aspect of Blockchain that is specifically highlighted in the video case as a key feature that can help prevent and detect fraud in financial transactions.

For such more questions on Blockchain

https://brainly.com/question/25700270

#SPJ4

Other Questions
Spanish 3 need help u l Find the volumes of the solids generated by revolving the regions bounded by the graphs of the equations about the given lines. y=3x^2y=0x=2(a) the y-axis ______ (b) the x-axis ______(c) the line y=12 _____(d) the line x=2 ______ _____ is the amount of light received in a unit of time on a unit area at a unit distance from a point source of one candela. determine the molar mass (in g/mol) of a gas that travels with an effusion time that is 1.55 times longer than that of co2(g). enter your answer in decimal notation to three significant figures. These trianglesare congruent bythe trianglecongruencepostulate [? ].A. SSSB. SASC. Neither, they are not congruent What is one way you can save water? What is the role of performance monitoring tools list and explain any one performance monitoring tools? Let I be the line given by the span of [4 1 5 7] in R. Find a basis for the orthogonal complement L of L. A basis for Lis 1C7. two principles of government that are directly impacted in an open primary Problem 12-10 Using the "Nonworking" Spouse Method to Determine Life Insurance Needs [LO12-2] Tim and Allison are married and have two children, ages 5 and 12. Allison is a "nonworking" spouse who devotes all of her time to household activities. Estimate how much life insurance Tim and Allison should carry to cover Allison For the following system, use the second equation to make a substitution for x in the first equation. 3x 2y = 7 x - y 3 = 0 What is the resulting equation? 3y - 3 2y = 7 3(y - 3) 2y = 7 3x - y - 3 2y = 7. the blank of fdi measures the total accumulated value of a company's foreign-owned assets at a specific time. multiple choice question. flow volume earnings stock A sealed tank containing seawater to a height of 10.5 mm also contains air above the water at a gauge pressure of 2.95 atmatm. Water flows out from the bottom through a small hole. How fast is this water moving? In the area photographed in FIGURE 12.4, the one bedrock eveloped on ce, yet abundant pla are growing along linear features in the bedrock. What d oes this indicate about how water travels gh bedrock under this part of Oklahoma2. If you had to d ould you drill relative to the pattern of plant n the area pictured in FIGURE 12.4, where a Water Wed to find a good supply of ater? how many cubes are added Nicodemus came to Jesus with a confession of faith in Him.TrueFalse Problem 4-2A (Algo) Preparing journal entries for merchandisingactivities LO P1, P2Prepare journal entries to record the following merchandisingtransactions of Lowes, which uses the perpetual in Use the properties of equality to solve the equation 3x+2-x=11x+9. State which property justifies your first step and why you chose it. Check your solution List the integers in order from least to greatest.11, 17, -11,-17, Identify the joints that allow you to chew your favorite foods. A successful response will include: Structural AND functional classifications If applicable: the range of motion and type of movement of the joint and/or synovial classification. The articulating bones that form the joint(s) How the joint participates in mastication (chewing food)