which variable, output or total hours worked, increases by a larger percentage in expansions and falls by a larger percentage in recessions? (hint: average labor productivity output total hours worked, so that the percentage change in average labor productivity equals
Answers
Output increases by a larger percentage in expansions and falls by a larger percentage in recessions, compared to total hours worked.
This is because during economic expansions, businesses are producing and selling more goods and services, which increases output. At the same time, they may hire more workers to meet the higher demand, which increases total hours worked but not by as much as the increase in output. As a result, average labor productivity (output per hour worked) tends to increase during expansions.
In contrast, during recessions, businesses produce and sell fewer goods and services, which decreases output. They may lay off workers to cut costs, which decreases total hours worked by a larger percentage than the decrease in output. As a result, average labor productivity tends to decrease during recessions.
Therefore, output tends to be more volatile than total hours worked over the business cycle, and average labor productivity is a key variable that captures this relationship.
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Related Questions
How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.
Answers
Explanation:
Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.
As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.
IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.
Which broad economic goal is focused on increasing the country's total output and the standard of living?
Answers
The broad economic goal is focused on increasing the country's total output and the standard of living is economic growth
What is economic growth?
Generally, The federal government is helping to promote business in the United States by giving contracts for the development of new technologies to private companies based in the country.
This helps to promote the overarching economic objective of growth since it works toward the aim of elevating the total production of the nation's economic products through time and raising the quality of life.
In conclusion, a rise over a period of time in the number of products and services that are produced for each individual member of the population.
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Both bananas and apples cost $1/each. paul is deciding how many apples and bananas to purchase for $100. after careful deliberation, he decides to buy 100 apples and 0 bananas. this is an example of:_________
Answers
An illustration of a corner solution is this.
When one of the inputs in the maximized function has a quantity of zero, the agent maximization problem has a corner solution that is a distinct solution. It is a concept of Consumer Theory. A corner solution, to put it simply, is when the decision-maker is unable or unwilling to trade off between numerous possibilities. In a corner solution, none of the items are included in the optimum package. constraints on consumer choice. If there is an inside solution, the indifference curve corresponds to the budget constraint at the best bundle.
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a corporation has issued debt securities backed by the shares of another corporation that it owns. these debt securities are known as a) mortgage bonds. b) equipment trust certificates. c) debentures. d) collateral trust bonds.
Answers
The correct answer is collateral trust bonds. Collateral trust bonds are debt securities issued by a corporation and backed by the shares of another corporation that it owns.
These bonds are secured by the shares of the subsidiary corporation, which act as collateral. The collateral provides additional security to bondholders, as it can be sold or liquidated in the event of default.
Collateral trust bonds are a common type of corporate bond that allows companies to raise funds by leveraging the assets of their subsidiaries. In summary, if a corporation issues debt securities backed by the shares of another corporation it owns, these securities are known as collateral trust bonds.
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Under the Federal Insurance Contributions Act, where do the funds for Social
Security and Medicare come from?
Answers
Answer:
It is deducted from the workers
Explanation:
All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.
Therefore, the funds for Social Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.
Who pays the Medicare tax?
Answers
Almost everyone who works in the United States is obligated to pay Medicare taxes.
The Federal Insurance Contributions Act (FICA) mandates that companies deduct Social Security tax and Medicare tax from employee paychecks. The Self-Employed Contributions Act (SECA) also requires self-employed individuals to include Social Security tax and Medicare tax in their self-employment tax.
The U.S. Treasury holds trust funds for Medicare and Social Security levies.
The Hospital Insurance Trust Fund is where the Medicare tax is held and utilized to fund Medicare Part A. The Supplemental Medical Insurance Trust Fund, which is financed by beneficiary premiums, tax income, and investment earnings, covers the costs of Medicare Part B (medical insurance) and Part D (prescription drug coverage).
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In this era of _______, internal databases are particularly rich sources of details about individual buyers and buying trends that occur in the context of the advertiser's IBP activities.big data
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In this era of big data, internal databases are particularly rich sources of details about individual buyers and buying trends that occur in the context of the advertiser's IBP activities.
What is the IBP process?The Sales and Operations Planning (S&OP) concepts are extended throughout the value chain through the business planning process known as Integrated Business Planning (IBP). In order to connect strategy with execution, this is done. For businesses that currently have an S&OP process in place, IBP is the next step.IBP synchronises decisions and actions throughout the whole organisation with business objectives and financial aims. There are similarities between financial analysis and planning (FP&A). Companies improve their predictive analytic skills as a result of IBP initiatives that collect data from across the company.IBP is a method for coordinating the planning activities of all departments within an organization in order to match operations and strategy with the financial performance of the latter.Learn more about IBP process refer to :
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A producer collects insurance premiums from clients for insurance on their behalf with insurance companies that the producer does NOT represent. In this situation, the producer?
A. has violated insurance regulations.
B. must report the transactions to the insurance commissioner.
C. is acting as a broker.
D. is acting as an agent.
Answers
A producer collects insurance premiums from clients for insurance on their behalf with insurance companies that the producer does not represent, this implies that the producer is acting as a broker. The correct answer is option C.
Insurance brokers are typically independent entities who work with various insurance companies to provide their clients with the most competitive coverage and pricing options possible. An insurance broker provides guidance to clients about the insurance options available to them and can assist them in choosing the most appropriate coverage for their specific needs.
Brokers are not insurers, which means they do not carry the risks associated with providing coverage to policyholders. Instead, they act as intermediaries between policyholders and insurance companies, receiving commissions from insurance companies for the policies they sell.
The producer is acting as an insurance broker since he or she is not representing the insurance companies that are providing the coverage.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Which of the following could be a trade secret?
Answers
where are the questions there are not questions
how am i supposed to help you if there is no questions
the accounting department should only have access to ________ since its function is to
Answers
The function of the accounting department is to record and verify changes in money and to do this, the department should have access to financial records.
The accounting department is an important department in all companies that deals with money and registers the changes of it. The functions of the department include:
Verifying money changes are accurate.Registering these changes of money.Moreover, to verify and register all changes in money, this department requires having access to all types of financial records including:
Copies of checks.Copies of receipts.Copies of any bank account transactions.Learn more in https://brainly.com/question/13815204
a copy of the list of checks; record the change in cash. (Accounting 101)
Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answers
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
A customer purchases $100,000 worth of merchandise from the ABC company on January 1st with terms of 5/10 EOM, net 60. If the customer pays the bill within the discount period the ABC company will receive payment of:
Answers
if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.
The amount of payment that ABC Company would receive if the customer pays the bill within the discount period of 5/10 EOM, net 60, is $95,000. A discount period of 5/10 EOM, net 60 means that the customer can get a discount of 5% on the invoice amount if the payment is made within ten days from the end of the month (EOM) in which the invoice was issued. If the customer fails to make the payment within the discount period, they will be required to make the full payment of $100,000 within a period of 60 days from the date of the invoice.
Therefore, if the customer makes the payment within ten days from the end of the month (EOM) in which the invoice was issued, the amount of payment will be calculated as follows:
Invoice amount = $100,000
Discount rate = 5%
Discount amount = 5% x $100,000 = $5,000
Amount payable within discount period = Invoice amount - Discount amount
= $100,000 - $5,000 = $95,000.
Hence, if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.
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You just started your first full-time job, and one of the benefits is a retirement savings plan. Someone in the human resources department is going over your benefits and says that you have make choices about how the retirement savings plan is invested. She gives you some papers to read and asks you to stop by and let her know your choices when you come to work tomorrow. What must you consider as you read the information and make your choices? Answer in complete sentences.
Answers
I need to be aware that investment options and the market conditions can change over time, and I should regularly review and adjust my investment choices as to ensure I am on the track to meet my retirement goals.
What is retirement?Retirement is a phase in a person's life when they choose to stop working or reduce their work hours. It is a time when people typically have reached a certain age, have accumulated enough savings or investments, and are ready to leave the workforce. Retirement can be a voluntary decision or forced due to health issues or other reasons. During retirement, individuals can pursue hobbies, travel, spend time with family and friends, and engage in leisure activities they did not have time for while working. Retirement also involves careful financial planning to ensure that one's income will be sufficient to support their lifestyle and cover expenses, such as healthcare and housing. Many people also choose to seek advice from financial planners and other professionals to help them navigate this phase of life.
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Brian's desired audience isn't covered by the segments In-Market audiences offers. What's another suitable option Brian could choose to help him influence potential customer consideration?
Answers
Answer:
Custom Intent audiences
Explanation:
Custom-minded audiences help you define and reach the ideal audience for your business. With a focus on performance advertisers, positive-minded audiences allow you to reach out to people. When they decide to buy beyond pre-defined audience segments. If you want to create an audience that is not included in the audience segments of our market, positive intent is for you. So Brian can choose a positive-minded audience to impress potential customers, even if they are not within the reach of the audience in the market.Sage met her manager to discuss an issue she was facing in the office. During the meeting, her manager's phone was constantly ringing. This made it difficult for Sage to explain her problem clearly. Her manager, distracted by the ringing phone, could not grasp the significance of the problem and sent Sage back with half-hearted promises to take appropriate action. In this scenario, the ringing telephone represents
Multiple Choice
a) a cue. b) noise. c) a filter. d) a communication channel. e) media richness.
Answers
In this scenario, the ringing telephone represents noise. Therefore, the correct answer is b).
What is Noise?Noise refers to any external factors that can interfere with or distort the communication process, making it difficult for the message sender and receiver to clearly understand each other. In this case, the ringing phone distracted both Sage and her manager, leading to an ineffective communication experience.
Noise can simply be defined as a loud or unpleasant sound to the ears. It can serve as a form of distraction or disturbance as the case maybe but ultimately it is unwanted.
In this scenario, the ringing telephone represents b) noise.
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Math for Accounting
Suppose that you are opening a 1,000-square foot baseball card store in a shopping center. You have signed a lease that requires you to pay a monthly rent of $1.75 per square foot, plus 5 percent of your gross annual sales. What is the total amount of rent you will pay in one year if you have sales of $85,000?
Answers
Answer:
25,250.00
Explanation:
1.75 x 1000 = 1750.00/month x 12 months = 21,000/year
Then add the 5% of 85,000 sales which is 4250.00
Total 25,250.00
If your sales reach $85,000, your total annual rent payment will be $25,250.
The annual rent is the amount of rent that the tenant must pay the landlord for each year of the term (or any subsequent terms), starting with the initial rent.
I. Computation of annual rent payable:
\(\text{Monthly payment of rent per square} = 1.75 \text{ x } 1,000 \\\=1750\\\text{Annual Payment per year per square foot} = 1750 \text{ x }12\\=21,000\)
II. Now, need to add the 5% of gross annual sales from $85,000
\(= 85,000 \text{ x } 0.05\\=4,250\\\)
Gross sales is a measure of a company's overall sales that is not cost-adjusted for those sales' production. The sum of all sale invoices or associated revenue transactions is used to determine the gross sales calculation.
III. Therefore, if we add (I) and (II), we will arrive Annual rent payable
\(=21,000 + 4,250\\=25,250\)
Therefore, the annual rent payable is $25,250.
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A major grocery store chain is trying to cut down on waste. Currently, they get peaches from two different distributors, wholefruits and greengrocer. Out of a two large shipments, the manager randomly selects items from both suppliers and counts the number of items that are not sell-able due to bruising, disease or other problems. She then makes a confidence interval. Is there a significant difference in the quality of the peaches between the two distributors? 95% ci for pw-pg:(-0. 156, 0. 064).
Answers
A significant difference in the quality of the peaches between the two distributors is option D. Option D says that We are 95% confident that the proportion of non-sell-able items for Whole Fruits is anywhere between 0.064 and 0.156 HIGHER than the proportion of non-sell-able items for Greengrocer.
Grocery stores generally can be defined as focus on beverages, food and some household goods. They are typically local chains or also single-location stores and may be family-owned . In other words, "grocery store" or known as supermarket. They offer the ingredients of provide jobs, foster a sense of community and home cooked meals. By comparing a set of inherent characteristics with a set of requirements we are generally can determine the quality of something.
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if the mean is 32 and the median is 40 what would be value of mode
Answers
Answer:
Step-by-step po:
3 Median = Mode + 2 Mean
Given: Mean = 30 / Mode = 40
Now: 3 Median = Mode + 2 Mean
=> 3 Median = 40 + 2 (30)
=> 3 Median = 40 + 60
=> 3 Median = 100
=> Median = 100/3
=> Median = 33.3
Explanation:
What encourages
people to buy
shares in the
ownership of a
private limited
company?
Answers
The dividends encourage the people to buy shares in the company as they would receive a share of the profits made by business they invested in.
How much profit they'll make.
And if the company has a good potential and reputation.
a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?
Answers
Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.
What is a broker?A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.
Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?
A. Name and address of the home office and the states in which the brokerage holds licenses
B. License number of the brokerage and list of current active licensees
C. Names of active licensees, addresses, and phone numbers
D. No need for any additional disclosures
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What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answers
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
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whatever, inc., has a bond outstanding with a coupon rate of 5.74 percent and semiannual payments. the yield to maturity is 6.1 percent and the bond matures in 20 years. what is the market price if the bond has a par value of $1,000? excel
Answers
The market price of the bond is $909.10 is the yeild of maturity is 6.1 percent and the bond matures in 20 years.
To calculate the market price of the bond, we can use the following formula in Excel:
where:
rate/2 = semiannual yield to maturity
years*2 = total number of periods (semiannual payments) until maturity
par value = $1,000 (the face value of the bond)
coupon rate = 5.74% (annual coupon rate)
PMT = semiannual coupon payment
Using this formula, we get:
=
\(PMT(0.061/2,202,10000.0574/2)/(1+0.061/2)^202 + 1000/(1+0.061/2)^202\)
which simplifies to:
=$909.10
Market price refers to the current price at which a particular asset, commodity, or security is traded in an open market, such as a stock exchange or a commodity market. It is the price at which buyers and sellers agree to buy and sell a particular asset or security at a given time.
The market price is determined by the forces of supply and demand, where the demand for a particular asset or security by buyers and the supply of it by sellers meet at a particular price point. Factors such as economic conditions, news, and events can also influence the market price of an asset or security.
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Which of these images is most likely to portray nonverbal communication?
please help asap!!
Answers
The second image is most likely to portray non-verbal communication. Hence, option B is correct.
What is non-verbal communication?Nonverbal communication describes the methods by which people communicate their feelings, needs, intentions, attitudes, and thoughts without using words.
Body Language Human connection often involves nonverbal communication. For instance, a person's attitude and thoughts can be conveyed to others through tone, facial expressions, and gestures, and actions are frequently much more powerful than words.
Thus, option B is correct.
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Legal tender act 1862 purpose and impact on economy.
Answers
Answer:
The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver. ... The government was able to pay its bills and, by increasing the money in circulation, the wheels of Northern commerce were greased.
Explanation:
The price of a Honda Accord
a. and the price of a Honda Accord divided by the price of a Honda Civic are both real variables
b. and the price of a Honda Accord divided by the price of Honda Civic are both nominal variables.
c. is a real variable, and the price of a Honda Accord divided by a Honda Civic is a nominal variable.
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Answers
Answer:
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Explanation:
In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.
real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.
Please help! How do you do a SWOT Analysis on a product idea?
Answers
Answer:
Use the following 8 steps to conduct a SWOT analysis.
Decide on the objective of your SWOT analysis. ...
Research your business, industry and market. ...
List your business's strengths. ...
List your business's weaknesses. ...
List potential opportunities for your business. ...
List potential threats to your business.
A decline in expected returns will ______ investment and shift the aggregate demand curve to the ______.
Answers
Answer:
Decrease, left
Explanation:
A decline in expected returns will decrease investment and shift the aggregate demand curve to the left.
What is an investment?An investment can be defined as the amount that an individual or a person invests in something. This is usually done to make or increase their income. This can also be done for future planning purposes. There are various ways through which a person can invest their money.
It is not necessary that after an investment a person will get a return but he or she can also get a loss. As there a decline is accepted this means that the returns of the amount that was about to come on the investment have subsequently decreased fully show and the demand curve will also be shifted towards its left from the right. People will not want to invest at this point in time.
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Frank conveyed a forty-acre parcel of land to Joe on the condition that the property be used as a tree farm. Frank reserved the right of reentry. What kind of estate has Frank granted
Answers
Answer: A fee simple subject to a condition subsequent
Explanation:
The options to the question are:
1. A life estate pur autre vie
2. A fee simple subject to a condition subsequent
3. A non-freehold
4. A reversionary estate
From the question, we are informed that Frank conveyed a forty-acre parcel of land to Joe on the condition that the property be used as a tree farm and that Frank reserved the right of reentry. The kind of estate granted by Frank is a fee simple subject to a condition subsequent.
This kind of estate has a condition attached to it and they're also have a right of entry. In the event that a trigger occurs, the holder of the property will have to take necessary in order to get the land.
In this case, if the land isn't used as a tree farm, the land can be reclaimed by Frank.
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The bank purchased a desk for a new employee. What type of cost is the purchase of a new desk?
A. Fixed Cost
B. Variable Cost
Answers
Answer:fixed
Explanation:
Fixed expenses might include: Lease or a mortgage. Other capital expenses, like the cost of buying business assets - equipment, vehicles, furniture.