When companies specialize and participate in international trade, this allows the economy to:
increase the quantities of capital and consumer goods available to society.circumvent the output limits imposed by its own production possibilities curve.What does international trade do for economies?When a country engages in international trade, they would have access to more capital and consumer goods for their economy.
The fact that these companies can also access more resources and capital goods means that they can circumvent the limits that their production possibilities curves imposes in relation to resources.
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zima and jin both work at the local factory producing cars. zima earns $20 per hour working the day shift, and jin earns $21 per hour working the night shift. zima and jin do the same job, have the same experience, and have the same level of education. this means that the
Based on the context of the question, and compensation principles, when Zima and jin do the same job, have the same experience, and have the same level of education. this means that the higher-paying job has a compensating wage differential of $1 per hour.
What is Compensating Wage?Compensate Wage is a term that is used to describe the additional amount of income that a given work must be offered to encourage them to accept a given unpleasant job, relative to other jobs that the worker could perform.
Generally, Compensating Wage is often referred to as Compensating differential and is described as a means to compensate workers for nonwage characteristics of the job.
In this case, given that Zima and jin do the same job, have the same experience, and have the same level of education, but Zima works in the day shift for $20 and Jin works the Night shift for $21 then, this implies that the higher-paying job has a compensating wage differential of $1 per hour.
Hence, in this case, it is concluded that the compensating wage is often used to motivate workers to do extra work.
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The profession of marriage and family therapists is expected to continue growing at a rate of about
.
Explanation:
Job Outlook
Employment of marriage and family therapists is projected to grow 22 percent from 2019 to 2029, much faster than the average for all occupations. Growth is expected due to an increasing use of teams for treatment, in which these therapists work with other counselors to address patients' needs.
assume the banks have made the additional loans. Complete the balance sheet to show the final effect of the change in the discount rate. Table 14.7 Final balance sheet of banking system (millions of dollars) Total reserves $ 70 Transactions accounts $350 70 220 $360 Discounts payable to Fed 10 milion Total $360 Total 3. The effect of lowering the discount rate is an increase in the money supply of $10 millio Exercise 4 In order to understand how open-market operations work, it is important to understand how the bond market works. The following exercise will demonstrate how the Fed can make bonds more or less attractive for people to buy. 1. Assume you purchase a bond for $1000. The face value of the bond is $1000 and the bond pays 10 percent interest annually. What is the dollar amount of the annual interest payment? $100 2. What is the yield on the bond? (Hint: Refer to the formula on page 280 in the text.)[0% 3. Now assume that instead of paying $1000 for the bond, you buy the same bond for $850. (The annual interest payment stays the same because it is based on the face value of the bond.) Calculate the yield on the bond now. 1.76 100 859 4. When the price of a bond decreases, the yield (increases, decreases) and the bond becomes (more, Jess) attractive to people. There is a (direct inverse) relationship between the bond price and the bond yield. Required, 70 Excess, 0 Securities Loans True
Assuming the banks have made the additional loans, the balance sheet can be completed to show the final effect of the change in the discount rate.
Final balance sheet of banking system (millions of dollars)
Total reserves = $70
Transactions accounts = $350,70,220 $360.
Discounts payable to Fed 10 million. Total = $360
Total To determine the final effect of the change in the discount rate, we must consider the money supply. Lowering the discount rate by the Federal Reserve will increase the money supply, while raising the discount rate will decrease it.
It has been given that the effect of lowering the discount rate is an increase in the money supply of $10 million. Final balance sheet of banking system (millions of dollars). Total reserves $80Transactions accounts $350,80,210 $360Discounts payable to Fed 10 million.
Excess reserves have increased from $0 million to $10 million as a result of the additional $10 million in reserves. Therefore, the excess reserves ratio has increased. Securities and loans remain the same since they are not directly affected by changes in the discount rate.
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Nathan wants a formula to return "YES" if the value in cell A1 is less than the value in cell B1, and to return "No" otherwise. Which of the following functions should he use?
Answer:
IF function
Explanation:
The options to the question are missing; however, I'll assume the question related to Microsoft Office Excel.
To do the task in the question, Nathan can only make use of the IF function.
This is so, because the question relates to conditional statement.
The full if statement is:.
=IF(A1 < B1, "YES","NO")
5. Which of the following is an example of budgeting?
A. Mike spends all of his money on comic books.
B. Robert sets aside a certain amount each month to afford a new basketball hoop.
C. Jeremy considers what he wants to do after high school.
D. Alan earns money by putting his money in a bank account.
Answer:
correct answer is B
Explanation:
Mike does not budget, because budgeting means actively spending less to save for something else, but mike spends all his money on comics.
Robert is budgeting so he can buy a new basketball hoop
Jeremy is thinking through a complex question that has nothing to do with money spending or saving
Alan doesn't make sense because the only money you get by banking your money is annual interest but i know he isn't budgeting.
Bailey Airline Company is considering expanding its territory. The company has the opportunity to purchase one of two different used airplanes. The first airplane is expected to cost $24,570,000; it will enable the company to increase its annual cash inflow by $6,300,000 per year. The plane is expected to have a useful life of five years and no salvage value. The second plane costs $36,520,000; it will enable the company to increase annual cash flow by $8,300,000 per year. This plane has an eight-year useful life and a zero salvage value.
Required:
a-1. Determine the payback period for each investment alternative. (Round your answers to 1 decimal place.)
PAYBACK PERIOD
ALTERNATIVE 1 ??? years
ALTERNATIVE 2 ??? years
a-2. Identify the alternative Bailey should accept if the decision is based on the payback approach.
Payback period = Initial investment/Annual cash flow, ALTERNATIVE 1 = 3.9 years, ALTERNATIVE 2= 4.4 years,
ALTERNATIVE 1 = 24570000/6300000 = 3.9 years, ALTERNATIVE 2 = 36520000/8300000 = 4.4 years Determine the alternative that Bailey should choose if the payback strategy is used to make the decision. When using the payback period technique Because Alternative 1 has a shorter payback period than Alternative 2, it should be accepted. The phrase "payback time" describes the number of periods needed to reimburse the original monetary expenditure. It is, in other words, the length of time that an equipment, facility, or other asset has generated enough net income to pay its investment costs. The initial amount of cash needed to open an account or start a buy-in relationship is known as an initial investment.
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Which example best shows a system of checks and balances regarding the President's salary?a. The first presidential salary was $25,000.b. Congress most recently set the presidential salary at $400,000.c. The President receives a $50,000 expense account.d. The President asks for a raise from Congress every four years.
Congress most recently set the presidential salary at $400,000 showing a system of checks and balances regarding the President's salary.
What is President's salary?
The members of the electoral college, which consists of the elected members of both Houses of Parliament and legislative bodies of the states and Union Territories, elect the president of India. The 14th President of India is Mr Ram Nath Kovind. The Rashtrapati Bhavan, the largest Presidential Palace in the world, is home to the president of India. The Indian Parliament sets the President of India's salary and benefits. The monthly pay of the Indian President is Rs. 5 lacks (non-taxable). The President of India also receives a number of other benefits.
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1. Personal Characteristics Jack Ma possess (In accordance with the discussion in
the lesson, give at least three.)
2. Key takeaways you've got from him. (Use your own words, give at least three)
3. In your own words, explain how Jack Ma thinks compared to typical individual
Answer:
knock knock.................................
What public works project was built to help with unemployment during the great depression?.
Answer: Im also taking this test and i believe the answer is Hoover Dam i might be wrong
Explanation: Hoover Dam
What is Clairemont’s Gross Profit Margin?
This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.
In order to Nicole to solve this problem, she must reevaluate the job description and company policies and procedures, and then include certain specifications that will make employees more aware of their roles within the company.
Nicole is the general manager of the Reyes Department Store, so she acted correctly when she noticed inconsistent conduct by one of her supervisors and identified the problem.
She then realized that she should carry out a job description along with standards and procedures that specify what should be done and how to do it.
A job description is a document that specifies the responsibilities and activities of each organizational role.
Its objective is to adapt professionals to their work position according to their profile and optimize people management, creating greater standardization of processes and agility in decisions.
Therefore, job descriptions must always be monitored and revised so that new needs are included and so that employees can carry out their role effectively.
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assume the objective function of a linear program is 2.25x 2.60y. what is the value of the objective function when x is 200 and y is 1000?
The objective function is given as 2.25x + 2.60y. Plugging in the values, we have:2.25(200) + 2.60(1000) = 450 + 2600 = 3050 + 2600 = $5700.
To calculate the value of the objective function, we multiply the coefficient of x (2.25) by the value of x (200) and add it to the product of the coefficient of y (2.60) and the value of y (1000). This yields the total value of the objective function, which in this case is $5700.The objective function represents the quantity we are trying to maximize or minimize in a linear programming problem. In this scenario, the objective function is a linear combination of x and y, with different weights assigned to each variable. By substituting the given values of x and y into the objective function, we can determine its value. In this case, when x is 200 and y is 1000, the value of the objective function is $5700.
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1. Why must managers concentrate on planning before directing employees to their assigned tasks?
Answer:Planning is an important part of the work of project managers. These specialists determine what needs to be done, who will do it, how long each task will take, and how much it will cost. Based on this information, project managers develop a detailed work plan, prepare a schedule, and prepare a budget.
Explanation:
The project manager assesses the amount of work needed, analyzes the possible workload of the team, determines the timing of tasks and creates a clear plan for the project.
how old do you have to be to work at lululemon
Answer:
The minium age requirement to work there is 18
A u.s. agricultural producer sells wheat to a small country in africa. the country pays the u.s. firm in seafood. this is an example of ________.
A u.s. agricultural producer sells wheat to a small country in africa. the country pays the u.s. firm in seafood. this is an example of barter system
The barter system is an example of a u.s. agricultural producer selling wheat to a small country in Africa. The country pays the U.S. firm in seafood. In a barter system, goods and services are exchanged without the use of money. Instead, the value of one good or service is used to determine the value of another.
Therefore, in this scenario, wheat was exchanged for seafood. This type of exchange can benefit both parties involved as long as they both have goods or services that the other needs. The U.S. agricultural producer may have a surplus of wheat that they are unable to sell in the U.S. market.
However, the African country may have a high demand for wheat, but they may not have the means to pay for it in cash.The African country is able to use seafood to exchange for wheat as they may have a surplus of seafood in their local markets.
This type of exchange allows the African country to obtain the wheat they need, while the U.S. agricultural producer is able to get rid of their surplus wheat. Both parties benefit from the exchange without the need for money or a financial intermediary.
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most easements and profits are created by an express grant in a contract, a deed, or a will.
That is correct. Most easements and profits are created by an express grant in a contract, a deed, or a will. The express grant clearly outlines the rights and permissions being granted, allowing the beneficiary to legally use or benefit from another person's property for a specific purpose.
Easements and profits are typically established through an express grant in a legal document such as a contract, deed, or will. An express grant explicitly grants permission or rights to use a property in a specific way, allowing the holder of the easement or profit to access or use the property for their intended purposes. This grant can be made by the property owner or by a previous owner, and it typically includes specific terms and conditions for the use of the property. Most easements and profits are indeed created through express grants in a contract, a deed, or a will. An easement is a legal right to use someone else's land for a specific purpose, such as accessing a public road or utility lines. A profit, on the other hand, is the right to take a resource, like minerals, timber, or fish, from someone else's property. Express grants refer to the clear and specific terms included in a written document, such as a contract, deed, or will, which detail the rights and permissions being granted. When creating an easement or profit, an express grant clearly defines the rights being given to the beneficiary and any limitations or restrictions associated with these rights.
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Assessing control risk at below the maximum level most likely would involve: a. Performing more extensive substantive tests with larger sample sizes than originally planned. b. Reducing inherent risk for most of the assertions relevant to significant account balances. c. Changing the timing of substantive tests by omitting interim-date testing and performing the tests at year-end. d. Identifying specific internal control structure policies and procedures relevant to specific assertions.
Assessing control risk at below the maximum level most likely would involve identifying specific internal control structure policies and procedures relevant to specific assertions. Option D is the correct answer.
A key step in the risk management process, risk control is a business tactic that enables firms to assess prospective losses and take steps to minimize or eliminate such risks. It tries to detect, evaluate, and get a business ready for any dangers that could affect business operations or the capacity of the organization to accomplish financial goals and other objectives. Option D is the correct answer.
Risk control makes use of the results of risk assessments to identify possible risk factors in the management and operational procedures of an organization. These elements include the business's financial practices, both technical and non-technical features, and other potential negative characteristics. Option D is the correct answer.
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then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
With a Consumer Price Index of 179.8 at the end of last year and 186.5 at the end of this year, the country experienced which of the following?
a. A deflation rate of 3.59 percent.
b. An inflation rate of 3.72 percent.
c. An inflation rate of 3.59 percent.
d. A deflation rate of 3.72 percent.
The correct answer is b. An inflation rate of 3.72 percent. This is because the Consumer Price Index (CPI) increased from 179.8 to 186.5,
which means that the overall price level of goods and services increased. Inflation refers to the increase in the general price level of goods and services in an economy, while deflation refers to the opposite, a decrease in the general price level. Therefore, the country did not experience deflation, but rather inflation.
Based on the Consumer Price Index (CPI) values provided, the country experienced an inflation rate of 3.72 percent.
Here's a step-by-step explanation:
1. Calculate the change in CPI:
Change in CPI = CPI (end of this year) - CPI (end of last year)
Change in CPI = 186.5 - 179.8
Change in CPI = 6.7
2. Calculate the inflation rate:
Inflation rate = (Change in CPI / CPI (end of last year)) x 100
Inflation rate = (6.7 / 179.8) x 100
Inflation rate = 3.72 percent
So, the correct answer is b. An inflation rate of 3.72 percent.
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According to the Myers-Briggs Type Indicator, we make decisions by either thinking or
a. feeling
b. judging
C. perceiving
d. sensing
Answer:
A.
Explanation:
The Myers-Briggs Type Indicator is a type of self-report questionnaire created by a mother-daughter duo, Isabel Myers and Katherine Briggs. The purpose of this inventory was to make people aware of their personality types and understand the personality types classified by Carl Jung.
According to this inventory, Myers and Briggs suggested that people makes decisions either based on the information gathered and are practical while others make decisions based on feelings or emotions.
So, the correct answer is option A, feeling.
Which of these factors is an advantage to using cash?
Answer:
B no fees or charges
Explanation:
Your welcome
Answer:
B.no fees or changes this is the right one
Which of the following could be an outcome of unexpected inflation?
O Export goods decrease.
O Foreign goods cost less.
O Worker education increases.
O Workers have more purchasing power.
An outcome of unexpected inflation could be that (A) export goods decrease.
Inflation comes in two forms: anticipated and unanticipated. Unanticipated inflation occurs as a result of events beyond our control such as natural disasters (tornadoes, earthquakes, tsunamis, etc.) and pandemics (chickenpox, smallpox, etc.). As a result of these undesired changes, more products are needed to suffice until the pandemic calms.
An example of a pandemic which required more products was the 1918 Flu Pandemic. During this global crisis, many people were in need of disinfectants, personal hygiene products, and food so they would not have to keep going outdoors around other people. Not only did companies have to increase the amount of products made, but they also had to limit how much could be exported because they needed it for themselves as well.
As an outcome of unexpected inflation, export goods decrease because more is supplied for domestic use than foreign trade.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Should the organization use the cash accounting method or the accrual accounting method? Why?
Answer:accounting method
Explanation:it is much more accurate
The chart shows a range of credit scores.
A bar chart titled Sample Credit Score Range has Rating on the x-axis, and credit score on the y-axis, from 0 to 800 in increments of 100. A poor credit score is 500, a weak score is 600, an average score is 700, a good score is 730, a very good score is 750, and an excellent score is 800.
A credit score between 500 and 600 means a consumer would most likely
find it easy to get a loan.
find it hard to get a loan.
get a loan with low payments.
get a loan with low interest.
Answer:
find it hard to get a loan.
Explanation:
According to the bar chart, a credit rating of between 500 and 600 lies within a bad and poor credit score. A bad or poor credit score indicates the irresponsible use of credit facilities and bad credit history. It tells that the individual has a history of missing out on loan installments, late payments, or defaulting on loans.
A bad or poor credit rating implies that a customer is highly likely to default on loan repayment. Due to this reason, lenders judge them to be high-risk customers and are likely to deny them credit facilities.
Answer: B
Explanation:
Banks do not hold a lot of their assets in the form of cash mainly because of:
a. regulation.
b. the fear of being robbed.
c. the opportunity cost of holding cash, cash does not earn interest.
d. it can encourage employee theft.
Banks do not hold a lot of their assets in the form of cash mainly because of the opportunity cost of holding cash, cash does not earn interest. The correct option is C.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
The interest that could have been made if the cash had been used to buy bonds instead is the opportunity cost of keeping any money balance.
Therefore, due to the opportunity cost of holding cash and cash does not earn interest banks does nor prefer to hold a lot of their assets in the form of cash .
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which era is characterized by the interdependence of jobs, organizations, and people? select one: a. scientific management era b. human relations era c. contingency era d. all of the above
The era characterized by the interdependence of jobs, organizations, and people is Human Relations Era (option B).
The Human Relations Era is the third phase of management thought that occurred between the 1940s and 1960s. It put forward the idea of a more humanistic approach to management, emphasizing social and psychological elements. It was seen as a response to the Mechanical and Structuralist Era, which emphasized productivity and efficiency at the expense of people.
Therefore, option B) " Human Relations Era" is the correct answer.
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With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?
A.
the names of all the items on the restaurant menu
B.
finance-related words such as depreciation, capital expenditure, etc.
C.
restaurant-related terms such as banquet, buffet, etc.
D.
marketing terms such as product lifestyle, customer lifetime value, etc.
E.
advertising terms, such as brainstorming, captions, etc.
Answer:
Explanation:
For all Plato users.
Finance-related words such as depreciation, capital expenditure, etc. kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily. Thus, option (a) is correct.
What is a balance sheet?A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet. It was the obligations using its current assets.
The terms depreciation, capital outlay, liabilities, assets as well as equity, and revenue should all be understood by someone who works in finance. A person can comprehend the data in a restaurant's balance sheet and make decisions about the restaurant's financial health with the aid of these finance-related terms if they are familiar with them.
As a result, the significance of the kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily are the aforementioned.
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ECON please answer this question ASAP