The trade war between China and United States marked one of the many issues of globalization and nation's dependency on one another. Discuss the impact to organizational opportunities, technological change, emerging employment relationships, and especially a diverse workforce.
Answers
The trade war between China and the United States had significant impacts on various aspects of globalization and the relationship between the two nations. Let's discuss its effects on organizational opportunities, technological change, emerging employment relationships, and a diverse workforce:
1. Organizational Opportunities:
The trade war disrupted existing supply chains and trade relations, creating challenges and uncertainties for organizations. Companies that heavily relied on imports from China or had operations in both countries faced increased costs due to tariffs and trade barriers. This situation forced organizations to reevaluate their sourcing strategies, explore alternative markets, and seek new opportunities for growth and expansion.
2. Technological Change:
The trade war prompted organizations to accelerate technological advancements and digital transformation efforts. With the disruption in supply chains and uncertainties in international trade, companies focused on enhancing efficiency, productivity, and automation through technological innovations. Technologies like artificial intelligence, robotics, and data analytics gained prominence as organizations sought to reduce reliance on specific markets and mitigate the impact of trade conflicts.
3. Emerging Employment Relationships:
The trade war led to changes in employment relationships, particularly in industries directly affected by tariffs and trade restrictions. Some companies faced financial pressures, leading to cost-cutting measures such as workforce reductions or shifting production to other countries. On the other hand, organizations that adapted and explored new markets may have created employment opportunities in alternative locations or industries. The trade war accelerated the need for organizations to be agile in responding to changing trade dynamics, which impacted employment patterns.
4. Diverse Workforce:
The trade war highlighted the importance of a diverse workforce in mitigating risks associated with trade conflicts. Organizations with diverse teams and perspectives were better equipped to navigate the complexities and uncertainties arising from the trade war. A diverse workforce brings varied experiences, cultural insights, and expertise, enabling organizations to adapt to changing market dynamics, explore new markets, and develop innovative strategies to overcome trade barriers.
Furthermore, the trade war also emphasized the significance of inclusivity and cultural sensitivity in international business. Companies operating in both China and the United States needed to understand and navigate the cultural nuances and sensitivities of both markets to maintain positive relationships and minimize potential conflicts.
In summary, the trade war between China and the United States had wide-ranging impacts on organizational opportunities, technological change, emerging employment relationships, and the importance of a diverse workforce. It highlighted the need for organizations to be adaptable, innovative, and inclusive in their approach to navigate the challenges and uncertainties arising from trade conflicts and changing global dynamics.
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Related Questions
could someone explain to me what the money market in Italy is, thank you all
Answers
Explanation:
Two main markets comprise the Borsa Italiana: the Mercato Telematico Azionario (MTA), which is the segment for mid- and large-size companies; and the AIM Italia, which was established in 2009 to cater for high growth small and medium enterprises needing more flexibility around the reporting and governance requirements.
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
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All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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Sensitivity analysis is conducted by: changing the value of two variables to determine their interdependency assigning either the best on the worst possible value to every variable and comparing the results to the base case. changing the value of a single variable and computing the resulting change in the project's NPV. holding all variables at their base level and changing the required rate of return reviewing a project after implementation to determine results ow the actual results are comparing to the predicted
Answers
Sensitivity analysis is a method used to determine the effect of changing variables on a particular project. It is often used to evaluate the risk associated with a project and to determine which variables are most important in determining the project’s success.
Sensitivity analysis is carried out by changing the value of two variables to determine their interdependency, assigning either the best or worst possible value to every variable and comparing the results to the base case, or changing the value of a single variable and computing the resulting change in the project’s net present value.
Sensitivity analysis is also used to review a project after implementation to determine the actual results and compare them to the predicted results. By assessing the results of sensitivity analysis, businesses can gain a better understanding of the risks involved with a project and make informed decisions to ensure its success.
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Sensitivity analysis is a method used to determine the effect of changing variables on a particular project. It is often used to evaluate the risk associated with a project and to determine which variables are most important in determining the project’s success.
Sensitivity analysis is carried out by changing the value of two variables to determine their interdependency, assigning either the best or worst possible value to every variable and comparing the results to the base case, or changing the value of a single variable and computing the resulting change in the project’s net present value.
Sensitivity analysis is also used to review a project after implementation to determine the actual results and compare them to the predicted results. By assessing the results of sensitivity analysis, businesses can gain a better understanding of the risks involved with a project and make informed decisions to ensure its success.
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Last month, Tech Industries sold its product for $50 per unit. Fixed production costs were $25,000, and variable production costs amounted to $10.50 per unit. Fixed selling and administrative costs totaled $15,000, and variable selling and administrative costs amount to $2.00 per unit. Tech Industries produced and sold 5,000 units last month.
Answers
Answer:
Operating profit = $147,500
Explanation:
Missing question is "What is the total operating profit?
Operating profit = Sale unit(Selling price - Variable Cost) - Fixed expenses
Operating profit = 5,000 * ($50 - $10.50 - $2.00) - $25,000 - $15,000
Operating profit = 5,000*$37.5 - $40,000
Operating profit = $187,500 - $40,000
Operating profit = $147,500
Iv) A percentage change in quantity demanded divided by a percentagechange in price is called
(a) Income elasticity of demand
(b) Price elasticity of demand
(c) Price elasticity of supply
(d) Elasticity of substitution
Answers
Price elasticity of demand (b) is the percentage change in the number of goods demanded when the price of goods changes by 1 percent.
If the percentage change in quantity demanded of a good is equal to the percentage change in price, the demand for that good is called unitary elastic. It's calculated as follows:
Price Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price)When the price of a good increase, the percentage change in quantity demanded may be negative.
If the price and the percentage change in quantity demanded both changes in the same direction, the good is considered inelastic. If the percentage change in quantity demanded is more than the percentage change in price, the good is said to be elastic, while if it is less, it is said to be inelastic.
The coefficient of price elasticity of demand indicates the sensitivity of demand to a change in price and can range from 0 to infinity. The coefficient's value aids in determining the demand curve's steepness and revenue optimization.
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Radical innovation involves:
Newer or unique services
Very small services
Inadequate service uniqueness in terms of delivery
None of the above
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Radical innovation involves newer or unique services, challenging the status quo with substantial change. So, the correct option is "Newer or unique services".
Radical innovation refers to a significant and transformative change in products, services, or processes. It goes beyond incremental improvements and introduces entirely new or unique offerings to the market. This type of innovation disrupts existing norms and can create a substantial impact on industries and consumer behavior.
The first option, "Newer or unique services," aligns with the concept of radical innovation. It implies the introduction of innovative and groundbreaking services that differ significantly from existing offerings.
The second option, "Very small services," does not accurately describe radical innovation. Radical innovation typically involves substantial changes rather than minor adjustments or small-scale services.
The third option, "Inadequate service uniqueness in terms of delivery," contradicts the essence of radical innovation. Radical innovation strives for exceptional uniqueness and differentiation, not inadequacy.
Therefore, the correct answer is "Newer or unique services," as radical innovation involves the development and implementation of innovative and distinct offerings that challenge the status quo and bring about substantial change.
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leadership in a small firm is more __________ in comparison to the leadership in large corporations a. haphazard b. impersonal c. personalized d. more skillful
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Leadership in a small firm is more personalized in comparison to the leadership in large corporations
In a small firm, leaders often have closer relationships with their employees due to the smaller size of the organization. They have a more direct and hands-on approach to leadership, being involved in various aspects of the business and working closely with their team members. Small firm leaders often have a deeper understanding of their employees' strengths, weaknesses, and individual needs, allowing them to tailor their leadership style and provide personalized guidance and support.
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Plz Hurry I am timed!
A chain of coffee servers is sending a spreadsheet of projected costs and profits to some of its investors. When, Kyle, the administrator making the spreadsheet, adds an image of his company’s logo, he realizes it would fit and look best if turned to read sideways.
How can Kyle change the image to make it fit in such a way?
A) He can select the image and hold down on the green handle above it while sliding the mouse.
B) He can select the image and hold down Control while sliding the scroll bar to the right.
C) He can press the PivotTable button and select “Rotate 90 degrees” and then click OK.
D) He can click on the Pictures Tool tab and select press Artistic Effects to access the rotate option.
Answers
Answer: A) He can select the image and hold down on the green handle above it while sliding the mouse.
Explanation:
After inserting the picture, if he wants the logo to read sideways, his best bet is to rotate it. He can do this by clicking on the picture and then clicking and holding down the green handle above the image which would look like a rotating arrow.
While holding it down, he should then slide the mouse and the picture would rotate. He can stop rotating at an angle he deems appropriate.
Answer:
A
Explanation:
Just took the test
Corporations can raise large amounts of money because:
shares of stock can be purchased in small amounts, so even small investors can participate.
investors always prefer to invest in stock so they can receive dividends.
stocks are always a good investment.
investing in the stock market is the surest way to get rich quick.
Answers
Because shares of stock can be bought in tiny increments, even novice investors can take part in corporate fund-raising efforts.
What do you mean by corporations?A corporation is a business entity whose shareholders elect a board of directors to run its affairs. The corporation, not the shareholders, is in charge of the company's activities and financial situation. a large company run by a collection of companies as a single unit: a multinational corporation. UK Broadcasting Corporation
What is the importance of corporations?In order to create value over the long term, a corporation must conduct legal, moral, profitable, and sustainable business practises. This necessitates taking into account the stakeholders who are essential to its success (shareholders, employees, customers, suppliers, creditors, and communities), as determined. A corporation protects its owners' personal assets from liability more than any other type of entity. For instance, even if a company's assets are insufficient to cover its debts, its investors will not be held personally liable in the event of a lawsuit.
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Your cash t-account has a beginning debit balance of $5,000. New debits are $500 and new credits are three times new debits. What is the new balance?
Answers
Answer: 4000
Explanation:
Copy the sample kitchen budget worksheet to the current workbook
Answers
The total section will automatically calculate the sum of the planned budget and actual expenses.I can provide you with a general template for a kitchen budget worksheet that you can create in your current workbook.
Here's a sample format:
Kitchen Budget Worksheet:
Category Planned Budget Actual Expenses
Groceries [Enter amount] [Enter amount]
Dining Out [Enter amount] [Enter amount]
Kitchen Supplies [Enter amount] [Enter amount]
Appliances [Enter amount] [Enter amount]
Utilities [Enter amount] [Enter amount]
Repairs and Maintenance [Enter amount] [Enter amount]
Miscellaneous [Enter amount] [Enter amount]
Total [Sum of planned budget] [Sum of actual expenses]
In this worksheet, you can enter the planned budgeted amounts for each category and update the actual expenses as you make purchases or incur costs.
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Which type of ebusiness marketing technique induces websites or users to pass on a marketing message to other websites or users, creating exponential growth in the message's visibility and effect
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Companies with a product layout that use assembly lines are usually known as _____ manufacturing organizations.
Answers
Manufacturing method that uses specialized workstations arranged to produce a variety of products.
Companies with a product layout that use assembly lines are usually known as "continuous flow" manufacturing organizations.
An assembly line is a manufacturing method that includes a sequence of workstations or processes, where unfinished materials are progressively assembled to produce a finished product.
In other words, a product layout is a manufacturing process that aims to produce goods in a prearranged sequence of production steps.
Continuous flow production is a term that refers to a manufacturing process that continuously operates and produces a product.
This type of manufacturing process is commonly used in industries such as oil, gas, and chemicals.
In continuous flow production, there is a constant and uninterrupted flow of materials through the manufacturing process.
Manufacturing organizations refer to companies or businesses that are engaged in the production of goods.
One such method is a product layout which is a manufacturing method that uses an assembly line.
Another method is process layout which is a manufacturing method that uses specialized workstations arranged to produce a variety of products.
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Job Order Cost Sheet Everglade Accounting Company has the following account in its cost records: Work in Process—Davis Audit Direct labor 38,400 Services completed 84,000 Project overhead 57,600 Everglade applies overhead to projects at a predetermined rate based on direct labor costs. Assume that Everglade uses a job order costing system and that Davis Audit is the only job in process at the end of the period. Complete the following cost sheet for services still in process for Davis Audit
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By dividing the anticipated overhead by the anticipated allocation base, one can determine the predefined rate(s). As they are incurred, note the direct costs for each job.
What's a good illustration of predetermined?
When something is predetermined, it means that its form or nature was decided by past circumstances or by individuals as opposed to chance. Since the time of the prince's birth, his fate had been decided. The pesticides in the capsules can be programmed to release at specific intervals.
Anything preset has been selected or prepared in advance. When you sit down to supper with your family at a set time, it signifies that you all planned when you would eat before the food was prepared.
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1.4 Why is Canada considered to have a branch-plant economy?
Answers
Answer:
Manufacturing companies set up branch plants to serve the Canadian market, thereby avoiding high freight costs and import duties.
Explanation:
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A property has a first mortgage of $200,000, a second mortgage of $50,000, and a third mortgage of $20,000. It is foreclosed and sold for $245,000. The holder of the third mortgage gets $________ and the holder of the second mortgage receives
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a person owns a stock that pays a $2.00 a share dividend. if the person chooses to reinvest that dividend, this means that the $2.00 will go toward buying
Answers
The owner of the stock receives a dividend of $2 per share. If the shareholder decides to reinvest the dividend, the $2 will be used to purchase more shares of the same stock.
A corporation may pay its shareholders a dividend when it distributes its profits to them. A corporation is able to distribute some of its profits as dividends to its shareholders when it makes a profit or has excess cash.
Retained earnings are the sums that are not distributed but are kept and reinvested in the company. Dividends are consistent payments provided by a firm to its investors as a form of profit-sharing.
The price per share, as well as when and how frequently dividend payments are issued, are decided by the board of directors of a firm. Stocks that pay dividends can offer a steady income stream, which is beneficial in times of inflation.
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An asset turnover ratio of 2.5 means that for every $1 in assets, the firm generates _____ in sales.
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An asset turnover ratio of 2.5 means that for every $1 in assets, the firm generates $2.5 in sales. A company's sales or revenues are compared to the value of its assets using the asset turnover ratio.
The asset turnover ratio can be used to gauge how effectively a business uses its assets to produce income. The more effectively a corporation uses its assets to generate revenue, the greater its asset turnover ratio. A corporation is not effectively employing its assets to produce sales if it has a low asset turnover ratio, on the other hand. Investors can use this measure to gauge how well a company is utilising its resources to drive sales.
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If Doria needs a short-term loan, what type of loan would you recommend she seek and from what type of financial institution? Justify your recommendation.
Answers
Explanation:
Short term loans are loans which are normally needed in order to take care of an emergency.
Doria can get short term loans from banks. To get this she has to be an already existing member of this bank.
She can also get from credit unions. Their rate of interest is usually smaller than the banks own and to access a loan she has to be an already existing customer of the union.
Also there are payday loans that she can lend from and pay back on her next pay day.
I would recommend borrowing from the credit union and the reason is simple, the interest rate is lower. So what she would be paying back in addition to her loan amount is going to be low.
Kristoffer needs to create cell names that match the column headings he has already created. Select the correct navigational path to set those names using the Create from Selection command. Click on the tab on the ribbon and look in the Defined Names gallery.
Answers
Answer:
formula
create from selection
top row
Explanation:
just took the question on edge
The correct navigational path to create cell names that match the column heading using the Create from Selection command is: Click on the Formula tab on the ribbon and look in the Defined Names gallery. Select the range of cells, including the row that includes the name you wish to use. Select Create from Selection. Select Top row and click OK.
What is a cell?Cells are the boxes that appear in an Excel worksheet's grid. On a worksheet, each cell is identified by its reference, the column letter and row number that intersect at the cell's location.
Instead of creating cell names one by one, "Create from Selection" tool can be used to create cell names from a selection. The tool is in the "Defined Names" group of the Formulas menu.
Therefore, the correct path for using the Create from Selection command is first to click on Formula tab and look in the Defined Names gallery. Then select the range of cells, including the row that includes the name wish to use. Select Create from Selection. Select Top row and click OK.
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looking at the pros and cons for each of the standard decision making types, which would be the most effective overall method? Justify your answer
Answers
Answer:
Directive Decision making
Analytical Decision Making
Explanation:
There are various types of Standard decision making. Directive decision making is more on past experiences and there is very low tolerance for ambiguity. Analytical decision making is the decision which is based on facts and figures. The decisions are made based on reliable information only.
The pros and cons for directive decision making is managers can not make quick decisions when they face new problems where they have to apply their analytical skills.
You are really hungry and have been wanting to eat pizza all day. Instead of ordering a medium, you order a large. However, after about 4 slices, you don’t want anymore. This is an example of which factor?
Responses
diminishing personal value
diminishing personal value
substitutes
substitutes
buying power
buying power
diminishing marginal utility
Answers
The fact that you ordered a large pizza but after 4 slices, don't want anymore is an example of diminishing marginal utility.
What is diminishing marginal utility?Diminishing marginal utility refers to an economic principle that talks about how the utility or satisfaction that a person gets from each additional unit of an item increases at first, and then decreases.
For instance, the person was really hungry and then ordered a large pizza to be satisfied. But as they ate more slices, they were satisfied less and less and eventually ended up wanting no more slices of pizza.
In conclusion, this is diminishing marginal utility.
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What are five questions you should ask yourself to help you determine the type of health care coverage that is most important to you?
Answers
Cheap
Effective
Fast
Options
Safe
bernadette enters into a contract to operate a caramel coffee franchise, which caramel coffee agrees to support as long as bernadette maintains her business license. caramel coffee's duty to perform is: group of answer choices a condition subsequent. not a condition. a condition precedent. a concurrent condition.
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Caramel coffee's obligation to perform is a condition subsequent. The correct option is A) a condition subsequent.
A situation is considered a condition subsequent when it must occur after an event or a situation. Bernadette's operation of the caramel coffee franchise is one such example. Caramel coffee's duty to support Bernadette's franchise is contingent on her retaining her business license.
If Bernadette loses her business license, Caramel coffee is no longer obligated to support her franchise. This is what distinguishes it as a condition subsequent. Caramel coffee's responsibility to support Bernadette's franchise is not a condition precedent since it does not have to happen before any other agreement. It's also not a concurrent condition since both Bernadette and Caramel coffee are not obligated to act simultaneously for it to take place.
Finally, it isn't an uncomplicated condition since Bernadette's ability to conduct her franchise is contingent on Caramel coffee's duty to provide support. The correct option is A) a condition subsequent.
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If in some year nominal GDP was $20 billion and the GDP deflator was 80, what was real GDP? a. $60.0 billion b. $25.0 billion c. $400.0 billion
d. $100.0 billion
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If nominal GDP was $20 billion and the GDP deflator was 80 in a given year, real GDP was $25.0 billion.
From nominal GDP, how is the GDP deflator calculated?The price level of all final products and services produced domestically in an economy is gauged by the GDP deflator. The GDP Price Deflator or the Implicit Price Deflator are other names for it. The nominal GDP to real GDP ratio multiplied by 100 is a formula for calculating it.
The real GDP deflator is what?The Deflator measures the change in prices from the base year to the current year. Hence, when you contrast the nominal and real GDP, you are essentially comparing the same production at various price points.
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one of the first steps to economic and political integration is a(n) blank union, where trade barriers among member nations are removed and a common trade policy is adopted. multiple choice question. common political customs economic
Answers
The removal of trade obstacles and the adoption of a single trade policy among members of a custom union is one of the first stages toward economic and political integration.
What is integration of politics and business?Economic integration entails that every company sells to every consumer in the area. The term "regions" refers to how many regions make up an economic union. Political integration is the taxation of all citizens by a transnational government to pay for its expenses.
What does "custom union" refer to?Groups of nations known as customs unions use a single set of processes, laws, and tariffs for all of or almost all of their imports, exports, and transiting commodities. Common trade and competition policies are typically shared by nations that are members of customs unions.
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Last year real GDP per person in the imaginary nation of Olympus was 4,250. The year before it was 4,100. By about what percentage did Olympian real GDP per person grow during the period?
Answers
Answer:
3.6585%
Explanation:
(4250 - 4100) / 4100 = 0.036585 = 3.6585%
According to Goldratt: Two activities scheduled to be carried out sequentially and using the same scarce resource benefit from having the same project manager. Two activities scheduled to be carried out in parallel and using the same scarce resource are independent. Two activities scheduled to be carried out in parallel and using the same scarce resource are not independent. Two activities scheduled to be carried out sequentially and using the same scarce resource require different project managers.
Answers
Answer:
Two activities scheduled to be carried out in parallel and using the same scarce resource are independent.
Explanation:
An Israeli physicist named, Eliyahu M. Goldratt developed the Critical Chain Project Management (CCPM) and introduced it in his book "Critical Chain" in 1997.
The CCPM is a project management methodology used by managers to better manage a project. The CCPM ensures that the project plan is feasible and immune from any uncertainty or statistical fluctuations.
In the CCPM activity network, there are no milestones and all non-critical activities are performed as late as possible.
CCPM adopts the use of drum buffers, so as to ensure extra safety is applied to a project immediately before using constrained resource.
According to Goldratt, two activities scheduled to be carried out in parallel and using the same scarce resource are independent.
Sue plans to save $4,500, $0, and $5,500 at the end of years 1 to 3, respectively. What will her investment account be worth at the end of the year 3 if she earns an annual rate of 4. 15 percent?.
Answers
Sue's investment account will be worth $4,915 at the end of year 3 if she earns an annual rate of 4.15 percent and saves as mentioned.
To calculate the worth of Sue's investment account at the end of year 3, we need to consider the amounts she saves and the interest earned on those savings. Let's break down the calculation step by step:
Calculate the interest earned on each year's savings:
Year 1: $4,500 x 4.15% = $186.75
Year 2: $0 x 4.15% = $0 (no savings in year 2)
Year 3: $5,500 x 4.15% = $228.25
Total the savings and interest earned:
$4,500 + $186.75 + $0 + $228.25 = $4,915
Therefore, Sue's investment account will be worth $4,915 at the end of year 3 if she earns an annual rate of 4.15 percent and saves as mentioned.
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Draw a market supply and demand curve representing a state with no restrictions on who can conduct the real estate closing transaction.
Answers
Answer:
attached below
Explanation:
Supply and demand curves are used to represent the relationship between the two main forces of the open market ( demand and supply )
with no restriction on who can conduct real estate closing transaction, when the demand curve shifts to the right there will be no change with the supply curve. but the price will move from P1 to P2 and quantity will move from Q1 to Q2.
