Consider an economy with currency in circulation of​ $100, checkable deposits of​ $200, and excess reserves of​ $2. If the required reserves ratio is​ 10%, what is the money multiplier in this​ economy? (round up to one digit after the​ decimal)
A. 2.9
B. 2.5
C. 2.8
D.2.2

Answers

Answer 1

The money multiplier is a measure of the potential increase in the money supply through the lending and deposit creation process. In the given economy, rounding up to one decimal place, the money multiplier is 2.5 (option B).

The money multiplier represents the factor by which the money supply can be expanded through the lending activities of banks. It is calculated as the reciprocal of the reserve ratio. In this case, the required reserves ratio is 10%, which means that banks are required to hold 10% of their deposits as reserves.

To calculate the money multiplier, we use the formula: Money Multiplier = 1 / Reserve Ratio.

In this scenario, the reserve ratio is 10%, which can be expressed as 0.10. Therefore, the money multiplier would be 1 / 0.10 = 10.

However, the excess reserves of $2 need to be subtracted from the total deposits to get the actual checkable deposits available for lending. In this case, the checkable deposits are $200 - $2 = $198.

Now, we can calculate the adjusted money multiplier by dividing the adjusted checkable deposits by the excess reserves: Adjusted Money Multiplier = Checkable Deposits / Excess Reserves.

In this scenario, the adjusted money multiplier would be $198 / $2 = 99.

Rounding up to one decimal place, the money multiplier in this economy is 2.5 (option B).

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Related Questions

Northeast Hospital’s Radiology Department is considering replacing an old inefficient X-ray machine with a state-of-the-art digital X-ray machine. The new machine would provide higher quality X-rays in less time and at a lower cost per X-ray. It would also require less power and would use a color laser printer to produce easily readable X-ray images. Instead of investing the funds in the new X-ray machine, the Laboratory Department is lobbying the hospital’s management to buy a new DNA analyzer.
Required:
Classify each item as a differential cost, a sunk cost, or an opportunity cost in the decision to replace the old X-ray machine with a new machine. If none of the categories apply for a particular item, select "None".

Answers

The cost of the old X-ray machine is an example of sunk cost.

2. The salary of the head of the Radiology Department is not an example of any of the costs.

3. The salary of the head of the Laboratory Department  is not an example of any of the costs.

4. The cost of the new color laser printer is an example of differential cost.

5. Rent on the space occupied by Radiology is not an example of any of the costs.

6. The cost of maintaining the old machine is an example of differential cost.

7. Benefits from a new DNA analyzer is an example of opportunity cost. 8. Cost of electricity to run the X-ray machines is an example of differential cost.

What is sunk cost, differential cost and opportunity cost?

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives.

Sunk cost is a cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.

Differential cost is the cost of two different alternatives.

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Northeast Hospitals Radiology Department is considering replacing an old inefficient X-ray machine with

Project: Privacy Issues

Assignment Directions:

Go to www.cdt.org and find its privacy policy. Read the privacy policy and then do the following exercise:


Find ten personal identifiers—information about you and your computer—that most Web sites collect from every visitor to the page.

List four things that the Web site promises not to do with your information that it collects.

BONUS: Identify which act can be used to compel the Web site to give your personal identifying information.

Answers

After reading the privacy policy on cdt.org, ten personal identifiers that most websites collect from every visitor to the page are: 1. IP address, 2. Browser type and version, 3. Operating system, 4. Device type, 5. Referring website, 6. Pages visited, 7. Search terms used, 8. Time and date of visit.

Personal identifiers are pieces of information that can be used to identify an individual. Websites often collect these types of information from visitors to their site in order to improve user experience or to target ads. The ten personal identifiers listed above are some of the most common pieces of information that websites collect from visitors.

The privacy policy on cdt.org promises not to do the following with the information it collects from visitors:

1. Sell or rent personal information to third parties

2. Share personal information with third parties for marketing purposes

3. Use personal information for any purpose other than providing requested services

4. Store personal information for longer than necessary

The act that can be used to compel the Web site to give your personal identifying information is the Electronic Communications Privacy Act (ECPA). This act provides privacy protections for electronic communications and allows individuals to access their own electronic communications, as well as request that companies provide them with any personal identifying information that has been collected.

Ten personal identifiers most websites collect from every visitor are:

1. IP address

2. Browser type and version

3. Operating system

4. Date and time of visit

5. Referring/exit pages

6. Clickstream data (pages viewed, time spent on each page)

7. Cookies

8. Location data

9. Device information (e.g., mobile device ID)

10. User's interaction with the website (e.g., search queries, clicks)

Four things the website promises not to do with the information collected are:

1. Not sell or rent personal information to third parties

2. Not share personal information with third parties for their direct marketing purposes

3. Not use personal information for purposes other than those for which it was provided

4. Not disclose personal information to third parties, except under certain circumstances (e.g., when required by law, with user consent, etc.)

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A new business should be based on an entrepreneur's individual interests because the entrepreneur must...
A. have sufficient confidence to succeed.
B. be willing to take personal responsibility.
C. have enough determination to work alone.
D. dedicate as many hours as needed to the work.
Will mark brainliest!

Answers

Answer:

A.................

Explanation:

look at my pokemon

A new business should be based on an entrepreneur's individual interests because the entrepreneur must...

Answer:

D

Explanation: because i said so but it might not be right

An American organic potato-chip company has decided to consider global expansion. It has done its market research and found that there is a comparable market for its products. In addition, it has found the required distributors and a potential manufacturing location overseas. However, in the United States, its chips have regional themes, such as Saucy Southern Barbeque and Spicy Southwest Chili flavors, which will not easily translate into markets outside the United States. How could the company address this issue while maintaining the identifiable elements of the brand when expanding globally?

Answers

There are various strategies for addressing this issue regardless of which one you eventually adopt, you must change any of the elements of the marketing mix; two possible strategies are listed below.

How to illustrate the information?

Product customization:

Changing the recipe for potato chips with the most similar flavors in the new region where the potato is distributed. It is difficult to predict how the chip flavor will be replicated in the global market, so looking for identifiable flavors per region while maintaining the brand's colors, advertising, price, and quality keeps the brand's identity untouchable even as the final product expands its lines.

Making changes to the promotion:

If changing recipes is too difficult for the product team, advertising campaigns will create a brand identity for different regions. For this, the packaging languages may change, and the methods of promotion in each region (TV, internet, influencers) may be considered to introduce the product in each region.

Alternatively, you could consider keeping the brand original and launching a strong pull marketing campaign to position the product as an International product.

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(a) Country A has twice the GDP of country B. In the future, the annual growth rates of these two countries are expected to be 1% and 4%, respectively. After how many years will the GDP of country B exceed that of country A?

(b) The sum of $4000 is borrowed from a bank at a rate of 4. 8% interest compounded monthly. The loan is repaid in monthly instalments of $x. Show that at the end of n months, the outstanding debt is given by 4000(1. 004) n - 250x (1. 004n - 1). (i) How many months would it take to repay the loan if x = 100? (ii) What should the monthly repayment be if the debt is to be cleared after 12 months? (iii) Describe briefly what happens to the outstanding debt when x = 16.

12 'one rupee' coins are distributed at random among 5 beggars A, B, C, D and E. Find the probability that: (i) They get 4, 2, 0, 5 and 1 coins respectively. (ii) Each beggar gets at least two coins. (iii) None of them goes empty handed

Answers

Under the premise that annual growth rates stay the same, it will take approximately 69.7 years for Country B's GDP to surpass that of Country A.

Gross domestic product (GDP) is a monetary indicator of the market value of all finished products that a country or countries produced and sold during a given time period.

A single nation's government most frequently uses GDP to gauge the strength of its economy.

This annual growth measurement is frequently changed before it can be trusted as an indicator because of how subjective and complex it is.[Needs citation] However, GDP (nominal) per capita does not take into account variations in the cost of living and inflation rates between the nations; as a result,

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The wages of factory maintenance personnel would usually be considered to be: Indirect labor Manufacturing Overhead A. No Yes B. Yes No С. Yes Yes D. No No a. Option A b. Option B c. Option C d. Option D

Answers

Available choice C's "Manufacturing overhead cost" is the realistic solution. The term "manufacturing overhead" refers to the indirect expenses incurred by a corporation during its production process.

Do manufacturing overheads include indirect factory labor?

Manufacturing overhead, sometimes referred to as production overhead, factory overhead, or factory burden, is the collective term for all the supplemental expenses needed to run your firm. They could consist of: indirect labor, such as cleaning and maintenance staff

What are the components of indirect labor costs?

Wages paid to employees who carry out tasks that assist others in producing goods and rendering services are referred to as indirect labor costs. The cost of labor is the component that is not directly related to production.

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View Policies Current Attempt in Progress The financial statements of the Sunland Company reports net sales of $840000 and accounts receivable of $60000 and $37200 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days? (Use 365 days for calculation) 42.2 days 8,9 days 33.3 days

Answers

Therefore, the average collection period for accounts receivable in days is 42.2 days.

To calculate the average collection period for accounts receivable, we need to use the formula:

Average Collection Period = (Accounts Receivable / Net Sales) x 365

Plugging in the numbers given in the question, we get:

Average Collection Period = ($60,000 + $37,200 / $840,000) x 365
Average Collection Period = ($97,200 / $840,000) x 365
Average Collection Period = 0.11571 x 365
Average Collection Period = 42.2 days

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Johnson Office Furniture is introducing a new line of executive desks made from a specially selected grade of walnut. Three models will be marketed-----A, B, and C. Each model A requires 1.25 hours for fabrication, 1 hour for assembly, and 1 hour for finishing. Each model B requires 1.5 hours for fabrication, 1 hour for assembly, and 1 hour for finishing. Each model C requires 1.5 hours for fabrication, 0.75 hour for assembly, and 0.5 hour for finishing. The profit on each model A is $26, model B is $28, and model C is $24. The total time available for fabrication is 310 hours, in assembly is 205 hours, and in finishing is 190 hours. How many desks must be sold in the month in order to maximize profits? What is the maximum profit? Are there any resources left over? Use the Simplex Method to solve the linear programming problem.

Answers

Johnson Office Furniture needs to determine the number of desks to sell in order to maximize profits.

The company offers three models: A, B, and C, each with different fabrication, assembly, and finishing times, as well as different profit margins. Model A requires 1.25 hours for fabrication, 1 hour for assembly, and 1 hour for finishing, with a profit of $26. Model B requires 1.5 hours for fabrication, 1 hour for assembly, and 1 hour for finishing, with a profit of $28. Model C requires 1.5 hours for fabrication, 0.75 hour for assembly, and 0.5 hour for finishing, with a profit of $24. The available time for fabrication, assembly, and finishing is limited. The goal is to determine the optimal number of desks to sell and the maximum profit. To solve this linear programming problem using the Simplex Method, we need to set up the objective function and constraints. Let's denote the number of desks to be sold for models A, B, and C as x, y, and z, respectively. Objective function: Maximize Profit = 26x + 28y + 24z

Constraints:

1.25x + 1.5y + 1.5z ≤ 310 (fabrication time constraint)

1x + 1y + 0.75z ≤ 205 (assembly time constraint)

1x + 1y + 0.5z ≤ 190 (finishing time constraint)

x, y, z ≥ 0 (non-negativity constraint)

Using the Simplex Method to solve this linear programming problem, we would input these equations into a linear programming software or solve it manually by applying the simplex iterations. The solution would provide the optimal values for x, y, and z, representing the number of desks to sell for each model, as well as the maximum profit achievable. It would also indicate whether any resources are left over after fulfilling the production requirements.

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Which of the following is not true with regard to market analysis of a proposed shopping center?
A. Consumers travel much further for certain types of purchases
B. 60-70% of sales are generated in the secondary trade area
C. The site must be selected before the primary and secondary trade areas can be identified
D. Given an adequate market, the location of the proposed site is generally regarded as the most important determinant of success of a proposed shopping center

Answers

The statement that is not true with regard to market analysis of a proposed shopping center is C. The site cannot be selected before the primary and secondary trade areas are identified. The identification of primary and secondary trade areas is an important part of market analysis, as it helps determine the potential customer base for the shopping center.

The site selection process comes after this analysis has been done, and involves finding a location within the identified trade areas that is accessible, visible, and has adequate space and infrastructure to support the shopping center.
Your answer: C. The site must be selected before the primary and secondary trade areas can be identified.

This statement is not true with regard to market analysis of a proposed shopping center because the primary and secondary trade areas are typically identified and analyzed before selecting a specific site. This allows for a better understanding of the market and potential customer base, which ultimately influences the success of the shopping center.

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Explain the hipp of the primary sources below source: letter written by john rolfe

Answers

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

What Is Teaching Strategies GOLD?

Answers

Teaching Strategies GOLD is an assessment system that is used to track and monitor the development and learning of children from birth through third grade.

It is based on research and is aligned with state and national standards. The system is designed to help educators plan and implement developmentally appropriate and effective teaching practices.


Teaching Strategies GOLD includes a variety of assessment tools, such as observation checklists, portfolio collections, and progress reports. These tools are used to gather information about children's skills, knowledge, and behaviors in different areas of development, including language and literacy, social-emotional, cognitive, and physical development.

The system also includes resources for teachers, such as lesson plans and activities, to support their teaching strategies and help children achieve their developmental and learning goals.

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1. deadlock occurs when a. two transactions share read locks b. two transactions each wait for a lock held by the other c. a transaction waits for another to release an exclusive lock d. a transaction waits for another to release a shared lock

Answers

The correct option is (d): deadlock occurs when a transaction waits for another to release a shared lock.

In concurrent computing, deadlock is any state of affairs wherein no member of some institution of entities can continue due to the fact each waits for every other member, consisting of itself, to act, consisting of sending a message or, more usually, freeing a lock. Deadlocks are a not unusual hassle in multiprocessing systems, parallel computing, and allotted systems, due to the fact in these contexts systems frequently use software programs or hardware locks to arbitrate shared assets and put into effect technique synchronization.

In a working machine, an impasse occurs when a procedure or thread enters a ready state due to the fact a requested system useful resource is held via any other ready method, which in turn is anticipating any other resource held with the aid of any other ready technique. If a system remains indefinitely unable to alternate its country because resources requested by way of it are being used by any other procedure that itself is waiting, then the machine is stated to be in an impasse.

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For external reporting, income statements are generally prepared using.

Answers

For any form of external reporting, income statements are generally prepared using Absorption variable and Variable costing costing is used for internal decision making purposes.

What are the  income statements?

The income statement is one that is based on some key items such as revenue, expenses, loss, etc.

An income statement is said to be a form of financial report that gives details a company's income and expenses in course of a reporting period.

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PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.

Answers

Answer: See explanation

Explanation:

In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.

For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.

How do the elements of the marketing mix work together to help create a
marketing strategy?​

Answers

Answer:

The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.

Explanation:

A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.

Answers

Answer:

They make 3% less per year

Explanation:

I think this is what you're asking but don't quote me on it

Who is a microeconomic decision maker?
A. the director of an international trade organization
B. the entrepreneur of a firm
C. the finance minister of a government
D. the governor of a central bank

Answers

Answer:

the finance minister of a government

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late? Base your answer on this equation: DSO - Credit Period = Days early or late, and use a 365-day year when calculating the DSO. A positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91

Answers

Answer:

b. 22.38

Explanation:

The credit period to pay for merchandise is 45 days, sales for last year = $325,000, therefore sales/day (daily sales) = $325,000/365 = $890.41

Year-end receivables = $60,000

Company DSO = Year-end receivables/ daily sales = $60000/$890.41 = 67.38

The difference between the Company DSO and credit period determines if the payment is early or late. A positive answer indicates late payments, while a negative answer indicates early payments.

Therefore, Company DSO - credit period = 67.38 - 45 = 22.38

Since the difference is positive, it is a late payment

Getting a big tax refund is not necessarily a good thing because that is

Answers

Getting a big tax refund is not necessarily a good thing because it means that you have been overpaying your taxes throughout the year, essentially giving the government an interest-free loan with your money.

While it may seem like a windfall to receive a large sum of money at once, it is important to consider the opportunity cost of having that money tied up with the government instead of being available to you throughout the year.

When you receive a tax refund, it means that you have overpaid your taxes and are essentially getting back money that you could have used throughout the year.

If you had adjusted your tax withholding to be more accurate, you would have had that money available to you throughout the year to save, invest, or use for other expenses.

Additionally, receiving a large tax refund can also be a sign that you are not taking advantage of all of the deductions and credits that you are eligible for, which could result in you paying more in taxes than you need to.

It is important to aim for a tax refund that is close to zero, meaning that you have paid just the right amount of taxes throughout the year. This can help you maximize your financial flexibility and avoid tying up your money with the government.

To achieve this, consider working with a tax professional or using online tax calculators to ensure that your tax withholding is accurate and that you are taking advantage of all of the deductions and credits that you are eligible for.

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wuestion in the previous attempt View A vision represents Multiple Choice the CEO's responsibility the guardrails that keep the firm from making bad decisions the future that the firm is trying to create a way to market the firm to consumers. the strategic actions the firm takes.

Answers

The strategic actions the firm takes the guardrails that keep the firm from making bad decisions.

Strategic Actions are initiatives or programmes that go outside of an organization's normal operating activity and are intended to assist it in achieving its strategy. They include implementing change, building capacity to do something new or better, or enhancing performance. Setting goals or objectives, conducting analysis, developing, implementing, and monitoring strategies are the five stages of the process. The strategic management process consists of more than just a set of guidelines. It is a way of thinking about doing business. Based on a company's mission, vision, or goals, strategic decisions are made. Let me give you an illustration. A cat food company manager observes that his clients prefer fresher, higher-quality food over cheap, extremely huge volumes of cat food.

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Which of the following is an advantage of renting over
advantage of renting over buying a home?

Which of the following is an advantage of renting overadvantage of renting over buying a home?

Answers

Answer:

having to make a down payment..

An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.

What is the most significant advantage of renting?

The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.

Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.

Thus, the ideal selection is option D.

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CARLIN:
Has been renting a two-bedroom apartment with her husband and 3 kids; wants to move into a three-bedroom home instead
Took her five years, but she has saved $20,000 for a down payment
Homes in her small town are typically selling for $75,000 to $95,000
Is preapproved for a 3.89% interest rate on a 30-year fixed mortgage
Needs her monthly payment to be less than $400

Rounded to the nearest $500, what’s the most expensive house Carlin could buy?
$79,500


How much total interest will she pay over the course of the mortgage for this house?
45,000


What month and year does Carlin pay off her house?




If Carlin could add just $50 to each monthly payment, how much money would she save on interest?




What month and year does Carlin pay off her house if she makes the higher monthly payment?




What are some strategies Carlin could use to make sure she has an extra $50/month for her mortgage?






If Carlin can afford $450 per month, she could have just bought a more expensive house. Do you think she should pay off an expensive house in 30 years? Or, should she pay off a cheaper house in less time with less interest? Explain why you feel that way.

Answers

Carlin might think about reducing unneeded spending, boosting her income through a side job or freelance work, or increasing her savings to ensure she has an extra $50/month for her mortgage.

Rounded to the nearest $500, what’s the most expensive house Carlin could buy?

Based on her down payment and desired monthly payment, Carlin can afford a house that costs about $79,500. If she takes out a 30-year fixed mortgage at a rate of 3.89%, she will end up paying $45,000 in interest over the course of the loan. We would need to know Carlin's mortgage start date in order to determine the month and year she will pay off her home. Carlin could pay off her mortgage about 4 years sooner and save $13,000 in interest if she were to increase her monthly payment by $50. Carlin might think about reducing unneeded spending, boosting her income through a side job or freelance work, or increasing her savings to ensure she has an extra $50/month for her mortgage.

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Oscar received his credit report and sees that his VantageScore is 400. Which factor could be the cause?


a

He filed for bankruptcy 15 years ago.


b

He has five credits cards with high balances.


c

He has a low debt-to-credit ratio.


d

He has applied for his first loan in his life.

Answers

Answer:

b. He has five credits cards with high balances.

Explanation:

A VantageScore is a credit score model that shows the probability that someone will pay the loans. A 400 VantageScore is very poor and people can get this score for different situations like bankruptcies as they will appear in your report for up to 10 years, having high utilization rates on your credit card and missing payments. According to this, the answer is that the factor that could be the cause is: he has five credits cards with high balances because he would have a high utilization rate which hurts the credit score.

The other options are not right because a bankruptcy appears in the report for up to 10 years, a low debt to credit ratio shows that you use your credit in a responsible form and it won't hurt your credit acore. Also, if someone doesn't have a credit history, there is no score because there is no data to define that.

Which of the following BEST represents democratic values?
a) the power to rule
b) equality among people
c) freedom to travel
d) the right to free books
can some one plss help me???​

Answers

Answer:

B

Equality among all the people

buying things on credit was extremely rare before which year?

Answers

Prior to 1917, it was uncommon to purchase items on credit. As a result of the fact that it was never acceptable for lenders to impose interest rates that were high enough to generate a profit.

The term "purchase" means what exactly?

Cash or its equivalent is required to achieve something. To acquire real land by means other than descent, such as via labour, risk, or sacrifice, is to buy. d.

In order to reach the top deck, he purchased a ticket. A large portion of those shares were bought through brokers. There were some auto-related receipts among them. Opening the box of ties, she looked over her acquisition.

each and every product or service bought for resale.

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1. Describe the JA Finance Park Program and what it aims to teach students. 2. In what capacity do volunteers work with students during the simulation? 3. Explain the purpose of the kiosks during the simulation. 4. Explain why William Anderson went into teaching. 5. Describe the Wealth Effect Game and how it helps students to learn about finances. 6. What is Anderson hoping to do as a next step and why?

Answers

Answer: The answers are given below

Explanation:

1. The JA Finance Park Program is an approach to financial literacy education. JA Finance Park allows the middle and high-school grade students to see, and live the experience of personal finance in the real-life setting of shops, stores, and financial institutions. It gives a realistic view on how to obtain and manage money.

2. The volunteers play a vital role as they guide students when they visit to the facility. Every volunteer helps between ten to twelve students to learn how to balance budget on a limited income.

3. The purpose of kiosk is that it is the research phase where students talk to the mentors about what expenses really mean.

4. William Anderson went into teaching to help students learn how to handle money. Anderson was formerly a banker and he learned that majority of adults lack simple, and basic financial tools which are essential.

5. The wealth effect game simulates the real world to the younger ages in financial terms. Paycheck is based on their academic performance, and there is taxes and deductions on their paychecks, when they raise their grade, and raise their pay.

Answer:

6. To make the game into an app

Explanation:

Why do we record Direct deposits into the CPJ

Answers

Explanation:

Because those payments are done for creditors, repayment of loans and other expenses

what are the payments due dates of each of the monthly liabilities assuming all deposits were made on time and the due date of the filing of form 941?

Answers

The due date for filing Form 941 is typically the last day of the month following the end of the quarter. For example, if the quarter ended on March 31st, the due date for filing Form 941 would be April 30th.

Assuming all deposits were made on time, the payment due dates for the following liabilities may vary, but here are the common due dates:

Federal Income Tax: The federal income tax withholding from employees' paychecks is due on the 15th day of the month following the payment.

Social Security Tax and Medicare Tax: The Social Security tax and Medicare tax are both due on the 15th day of the month following the payment.

State Unemployment Tax: The state unemployment tax is due on the last day of the month following the end of each quarter.

Sales Tax: The sales tax collected from customers is due on the 20th of the month following the sale.

Form 941 is a tax form that must be filed by all employers to report the amount of federal income tax, Social Security tax, and Medicare tax that has been withheld from employees' paychecks.

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The problems of ineffective communications in business

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Answer:

Misunderstandings: When communication is unclear or ambiguous, it can lead to misunderstandings between employees, managers, or clients. This can cause delays, mistakes, and ultimately, loss of productivity and revenue.

Poor teamwork: Effective communication is essential for effective teamwork. If team members are unable to communicate effectively with one another, they may fail to collaborate and coordinate their efforts, leading to poor performance and results.

Low morale: When communication is ineffective, it can create a negative work environment and lead to low employee morale. This can result in a lack of motivation, decreased productivity, and high turnover rates.

Customer complaints: Poor communication with customers can result in complaints and loss of business. Customers who feel that their concerns or questions are not being addressed may take their business elsewhere.

Increased costs: Ineffective communication can lead to additional costs for a business, such as rework or waste due to misunderstandings or mistakes. This can negatively impact the bottom line and reduce profitability.

Overall, ineffective communication can have significant impacts on a business's productivity, profitability, and reputation. It is essential for businesses to prioritize effective communication strategies to avoid these problems and ensure success.

Explanation:

which of the following are determinants of the price elasticity of demand? tastes and preferences expected future prices proportion of good on consumer's budget availability of close substitutes necessities vs. luxuries populations and demographics passage of time/time horizon

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Price elasticity of demand cthe responsiveness of the quantity of a commodity demanded to a change in its price. Price elasticity of demand is determined by the following factors:

Availability of close substitutes: Goods with close substitutes tend to have elastic demand, meaning that consumers can easily switch from one product to another based on price changes. Therefore, small changes in price lead to larger changes in quantity demanded.

Tastes and preferences: Products that have strong brand loyalty and customer preferences tend to have less elastic demand, as consumers are willing to pay more for a product they value. Necessities vs. luxuries: Necessities tend to have inelastic demand, meaning that consumers will continue to purchase them despite price changes. On the other hand, luxury items tend to have elastic demand, as they are more sensitive to price changes.

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