In practice, only a few countries have adopted the free market view in its pure form. While the concept of a free market is often idealized and promoted as the most efficient economic system, in reality, most countries have some degree of government intervention and regulation in their economies.
This is because pure free markets can lead to income inequality, monopolies, and other negative consequences.
For example, the United States, often seen as a proponent of free markets, still has regulations and government interventions in various sectors such as healthcare, environment, and finance. Similarly, countries like China and Russia, despite adopting some free market principles, have significant government involvement in their economies.
Overall, the adoption of the free market view in its pure form is rare in practice, and most countries strike a balance between free markets and government intervention to achieve their desired economic outcomes.
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How does the circular flow model represent the interactions between households and firms?
The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for commodities and the market for products and services—is depicted by the circular flow model.
The approach demonstrates how businesses and households can benefit from each other.
What three categories of economic decisions are there?Economic decisions affect the production, trade, distribution, consumption, saving, and investment of economic resources. The objectives of individuals, private organizations, and society at large are served by economic decisions.
Free market, command, and mixed economies are the three primary types. Command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course. All national economic decisions are made by the state's central authority.
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9. what has been responsible for the almost 30 percent drop in the national incidence of neural tube defects? explain
The almost 30 percent drop in the national incidence of neural tube defects can be attributed to a variety of factors. One major factor is the fortification of grain products with folic acid, a B vitamin that is essential for proper neural tube development in fetuses.
This fortification began in the late 1990s and has since been mandated by the FDA in order to increase folic acid intake among women of childbearing age. Another contributing factor is increased awareness and education about the importance of folic acid supplementation before and during pregnancy.
Healthcare providers now routinely recommend folic acid supplementation to their patients, and public health campaigns have been successful in spreading this message to the general population. Additionally, advances in prenatal screening and diagnosis have allowed for earlier detection and treatment of neural tube defects, which can improve outcomes for affected individuals and families.
Overall, it is likely that a combination of these factors has contributed to the significant decrease in the incidence of neural tube defects in the United States.
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Which investors have the right to vote for or against business initiatives presented at the annual general meeting?
_________ shareholders have the right to vote for or against a business decision made by the company in which they invested.
Answer: Equity
Explanation: Plato(Edmentum)
Equity shareholders have the right to vote for or against a business decision made by the company in which they invested.
What is the shareholder?A shareholder of a corporate body is an individual or legal entity who is certified by the corporate body as the registered proprietor of shares of a private or publicly traded corporation's share capital. Anyone who owns'shares in a company limited by shares is referred to as a shareholder.
Members of a corporation may be referred to as shareholders. The shareholder is the company's owner who provides financial security, controls how the directors manage the company, and receives a percentage of any profits produced by the company.
Therefore, Equity shareholders can vote for or against a business decision made by the firm in which they have invested.
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write about 1.Intrinsic 2. extrinsic 3. compliance discussion and one example alternative method.
Intrinsic and extrinsic are two motivational drivers that motivate people. Intrinsic motivation is the act of engaging in an activity for the sake of enjoyment, whereas extrinsic motivation involves being motivated by an external factor.
Compliance, on the other hand, involves following the rules or instructions set forth by another individual or entity. In this essay, I will discuss the difference between intrinsic and extrinsic motivation and compliance, as well as provide an example of an alternative method. Intrinsic motivation is an internal motivational force that drives individuals to do things because they enjoy doing them or derive personal satisfaction from doing so.
For instance, a child who likes playing football may play the game for the sake of enjoyment, not necessarily because someone else told them to do so. Furthermore, intrinsic motivation is characterized by a sense of personal responsibility and self-determination. Extrinsic motivation, on the other hand, is motivated by external factors such as rewards, punishments, and recognition.
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The Hofstede Dimension that measures whether an organization would celebrate innovation, quirkiness, and unique ideas from specific team members would be: a. Individualism versus Collectivism b. Agility c. Power Distance d. Uncertainty Avoidance Index
The Hofstede Dimension that measures whether an organization celebrates innovation, quirkiness, and unique ideas from specific team members is a. Individualism versus Collectivism.
The Hofstede Dimension that measures whether an organization would celebrate innovation, quirkiness, and unique ideas from specific team members would be "Individualism versus Collectivism." In this dimension, the focus is on the extent to which individuals prioritize their own interests over the interests of the group or vice versa.
In individualistic cultures, such as the United States, individuality and personal achievement are highly valued. In such organizations, celebrating innovation, quirkiness, and unique ideas from specific team members is more likely because individual contributions are highly encouraged and recognized.
On the other hand, collectivistic cultures, such as many Asian countries, prioritize group harmony and cohesion. In such organizations, the focus is more on conformity and maintaining social harmony rather than celebrating individuality and unique ideas.
To illustrate this further, let's consider an example: In an individualistic organization, team members may be encouraged to think outside the box, take risks, and come up with innovative solutions. Unique ideas and quirkiness would be celebrated because they contribute to the overall success of the organization.
In a collectivistic organization, however, team members may be expected to conform to established norms and avoid standing out. Unique ideas or quirkiness might be seen as disruptive or challenging to the group's harmony, and therefore, less likely to be celebrated.
In conclusion, the Hofstede Dimension that measures whether an organization celebrates innovation, quirkiness, and unique ideas from specific team members is "Individualism versus Collectivism." This dimension determines the extent to which individuals prioritize their own interests over the interests of the group or vice versa.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhat type of account is sales returns and allowances?.
Answer:
contra revenue account
Interest payments on a loan can be a significant cost for a business. What happens if in a free market the demand for loans increases significantly?
In a free market, an increase in demand for loans can lead to higher interest rates due to the limited supply of loanable funds.
In a free market, interest rates are under pressure to rise if loan demand rises considerably. This is because there is a finite amount of money that can be borrowed, and lenders can raise interest rates on borrowers as demand for loans increases.
Higher interest rates may make borrowing more expensive for firms, which may discourage investment and impede economic expansion. As a result, companies could need to change how they approach borrowing, either by taking on less debt or looking for new funding options with lower interest rates.
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Question 1 of 10
An investment that you bought for
profit
and sold for
made a
500;600
500;400
600;400
600;500
Answer:
500;600
an investment
What’s the best answers
If manufacturing overhead has been underallocated during the period, and most of the jobs produced have been sold, then:_________
If manufacturing overhead has been underallocated during the period, and most of the jobs created have been sold, then "the cost of goods sold reported on the income statement will be lower than the actual cost".
This is because the underallocated overhead will not have been fully absorbed into the cost of the products, leading to an understated cost of goods sold and an overstated gross profit. As a result, the company's financial performance will appear better than it actually is. This could have negative consequences for the company, such as reducing its ability to secure financing or make investment decisions based on inaccurate financial information.
To correct the situation, the company would need to allocate the underallocated overhead to the appropriate products, which would result in a restatement of the cost of goods sold and a corresponding adjustment to the gross profit.
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Maple Company just paid an annual dividend of $1.48 on its common stock and increases its dividend by 2.2 percent annually. What is the rate of return on this stock if the current stock price is $29.60 a share
Answer:
1.554 is the rate return on the stork....................
Explain what a trade war is
Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
Explanation:
Monopolistic competition is a market condition with which major feature
Answer:
O C. Different businesses compete to sell similar products.
Explanation:
Here are the options :
A. Many businesses freely produce the same product.
O B. Only one business controls an entire industry.
O C. Different businesses compete to sell similar products.
O D. A few huge businesses control an industry.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
Monopolistic competitive firms engage in advertising for their products
An example of monopolistic competition are restaurants
Answer:
A is correct
Explanation:
different businesses compete to sell similar products
which of the following is not a product cost under variable costing?
You would like to retire with $1 million in your account at the end of 40 years. How much would you have to deposit per year into a 401K plan to meet your goal, assuming the money is invested in:
a: T-bills paying 5% per year.
b: The Stock Market with an expected return per year of 10%?
please show work and formulas.
please don’t use excel.
Given,The amount you would like to retire with:
$1,000,000Time: 40 yearsInvestment options: a) T-bills with a 5% return rate per yearb) The stock market with an expected return rate per year of 10%We have to determine how much you have to deposit per year into a 401K plan to meet your goal, assuming the money is invested in the above two options. Let us calculate the deposit required for each of the investment options. a) T-bills with a 5% return rate per yearCalculation of Future Value (FV)The formula for calculating the future value (FV) of an investment is given byFV = PV x (1 + r)nwhere, FV = Future ValuePV = Present Valuer = Interest raten = the number of periodsLet us calculate the future value (FV) of an annuity of 40 years using the T-bills with a 5% return rate per year.FV = PV x (1 + r)nFV = $1,000,000PV = ?r = 5% / yearn = 40 yearsFV = Annual deposit x (((1 + r)n – 1) / r))Simplifying,Annual deposit = FV x r / ((1 + r)n – 1)Annual deposit = $1,000,000 x 5% / (((1 + 5%)^40) – 1)Annual deposit = $1,000,000 x 0.05 / (((1 + 0.05)^40) – 1)Annual deposit = $6,676.56 (approx.)Therefore, you have to deposit $6,676.56 per year to meet your retirement goal of $1 million in 40 years at a 5% return rate per year.b) The stock market with an expected return rate per year of 10%Calculation of Future Value (FV)Let us calculate the future value (FV) of an annuity of 40 years using the stock market with an expected return rate per year of 10%.FV = PV x (1 + r)nFV = $1,000,000PV = ?r = 10% / yearn = 40 yearsFV = Annual deposit x (((1 + r)n – 1) / r))Simplifying,Annual deposit = FV x r / ((1 + r)n – 1)Annual deposit = $1,000,000 x 10% / (((1 + 10%)^40) – 1)Annual deposit = $2,524.02 (approx.)Therefore, you have to deposit $2,524.02 per year to meet your retirement goal of $1 million in 40 years at an expected return rate per year of 10%.Hence, the required deposit per year for each investment option is $6,676.56 for T-bills and $2,524.02 for the stock market.
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all of the following are protective responses to encountering food-borne microbes except:
One of the body's defense mechanisms after coming into contact with foodborne microbes is NOT a drop in metabolic rate.
There are three different food safety risks. They are physical, chemical, and biological. managers of food services and health inspectors' first priority. The "danger zone" for foodborne infections is defined as a temperature range of 40°F to 140°F. Bacteria that cause food poisoning proliferate most quickly at these microbes temperatures. The ambient temperature is dangerous. Because microbes are present everywhere, maintaining cleanliness is crucial for avoiding foodborne disease and metabolic rate. Consumers may be comfortable that they are doing their part to Be Food Safe by keeping everything that comes into touch with food clean.
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what best describes the role of government in a free enterprise system?
Answer:
Allow individuals to operate their businesses in ways they think will maximize their profits.
Explanation:
suppose southeast mutual bank, walls fergo bank, and pjmorton bank all have zero excess reserves. the required reserve ratio is presently set at 25%. sean, a southeast mutual bank customer, deposits $1,800,000 into his checking account at the local branch.
When Sean deposits $1,800,000 into his checking account at Southeast Mutual Bank, the bank's reserves increase by the same amount. Since Southeast Mutual Bank and the other two banks mentioned have zero excess reserves, this means that they are currently holding only the required reserves as mandated by the required reserve ratio of 25%.
Therefore, Southeast Mutual Bank will need to hold onto 25% of Sean's deposit, or $450,000, as required reserves. The remaining $1,350,000 can be used by the bank for lending or other activities.
If Southeast Mutual Bank does lend out the $1,350,000, the borrower will then deposit the money into their own bank account, which will also increase the reserves of that bank. This in turn will allow that bank to lend out more money, leading to a multiplier effect on the money supply.
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Which market structure perfect competition or monopoly will result in more efficient use of an economy's resources? Why? What conditions must exist to facilitate the efficient use of the economy's resources? Explain these conditions?
Perfect competition generally results in more efficient use of an economy's resources compared to a monopoly.
In perfect competition, there are many buyers and sellers in the market, and no single entity has control over the market. This leads to a competitive environment where prices are determined by market forces of supply and demand. In such a market structure, firms are motivated to be efficient in their production processes and cost management to stay competitive.
On the other hand, in a monopoly, there is a single seller dominating the market without any significant competition. This lack of competition reduces incentives for the monopolistic firm to be efficient and responsive to consumer demands.
Conditions that facilitate the efficient use of an economy's resources include:
1. Competition: A competitive market structure where multiple firms operate and compete against each other creates incentives forefficiency and innovation.
2. Well-defined property rights: Clear and enforceable property rights allow individuals and firms to have secure ownership and control over resources. This encourages investment, productivity, and efficient resource allocation.
3. Free flow of information: Access to accurate and timely information about prices, market conditions, and consumer preferences enables firms to make informed decisions and allocate resources efficiently.
4. Absence of externalities: Minimizing externalities, such as pollution or negative spillover effects, promotes efficiency by ensuring that costs and benefits are properly accounted for in resource allocation.
5. Effective government regulations: Appropriate regulations that promote competition, prevent monopolistic practices, and ensure fair and transparent market operations can contribute to efficient resource allocation.
By fostering competition, protecting property rights, ensuring information transparency, managing externalities, and implementing effective regulations, an economy can create conditions that promote the efficient use of its resources.
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Pharmacy technicians work in pharmacies that can be found where? Check all of the boxes that apply.
hospitals
drug stores
medical clinics
schools
manufacturing labs
Answer:
could be 3 of those answer choices
-hospitals
-drug stores
medical clinics
Explanation:
Answer:
1 2 3
Explanation:
Dr. Ibrahim Khan caused an automobile accident in which a fellow physician, Dolly Yusufji, became a quadriplegic. Khan signed a contract to support her for life. When he refused to make payments under the contract, she sued him and obtained a judgment for $1,205,400. Khan filed a Chapter 11 petition. At the time of the bankruptcy hearing, five years after the accident, Khan had not paid Yusufji anything. She was dependent on a motorized wheelchair; he drove a Rolls-Royce. Is Khan’s debt dischargeable under Chapter 11?
In general, debts arising from willful or malicious injury to another person or their property are not dischargeable in bankruptcy under Section 523(a)(6) of the Bankruptcy Code.
In this case, Dr. Ibrahim Khan was involved in a car accident and Dolly Yusufji became a paraplegic and he signed a contract to support her for life, but there was no payment under the contract. sued and received a judgment of $1,205,400.
Based on these facts, it seems likely that the debt owed to Yusufji would be considered a debt arising from willful or malicious injury to another person, and thus not dischargeable in bankruptcy. This would mean that even if Khan filed for Chapter 11 bankruptcy, he would still be obligated to pay the debt owed to Yusufji.
However, whether or not the debt is dischargeable may depend on the specific facts of the case and the interpretation of the bankruptcy court. If Khan can demonstrate that the debt is not actually for willful or malicious injury, or if he can show that he has made good-faith efforts to pay the debt or that discharging the debt would not cause undue hardship to Yusufji, the court may consider discharging the debt. Ultimately, the bankruptcy court would need to review the case and make a determination based on the specific facts and circumstances involved.
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Money needed to expand for additional inventory, equipment, marketing cost, employees, etc. is known as which of the following? Competitive risk Market analysis Marketing Expansion capital
Answer:
Expansion capital
Explanation:
Expansion capital can be defined as the money that a company uses to expand itself and business. Expansion capital is always included in company balance sheets. Expansion capital is also known as growth capital.
Expansion or growth money usually covers additional inventory, equipment, marketing cost, employees, etc as seen in the question.
Cheers.
brisco bricks purchases raw material from its foreign supplier, bolivian clay, on may 8. payment of 2,000,000 foreign currency units (fc) is due in 30 days. may 31 is brisco's fiscal year-end. the pertinent exchange rates were as follows: how much foreign exchange gain or loss should brisco record on may 31? $2,520,000 gain. $20,000 gain. $20,000 loss. $80,000 gain. $80,000 loss.
Brisco bricks purchase raw materials from its foreign supplier, Bolivian clay, on May 8. payment of 2,000,000 foreign currency units (FC) is due in 30 days. Brisco should record $5,000 gain.
What are foreign currency units?Generally, To determine the foreign exchange gain or loss that Brisco should record on May 31, you will need to compare the payment due on May 8 to the payment that Brisco actually made on May 31, using the exchange rates on those dates.
If the payment due on May 8 was 2,000,000 foreign currency units (FC) and the exchange rate on May 8 was $1.00 = 100 FC, then the payment due in US dollars would be 2,000,000 FC / 100 FC/$1.00 = $20,000.
If the exchange rate on May 31 was $1.00 = 80 FC, then the payment due on May 31 in US dollars would be 2,000,000 FC / 80 FC/$1.00 = $25,000.
Therefore, the foreign exchange gain or loss that Brisco should record on May 31 is $25,000 - $20,000 = $5,000 gain.
So the correct answer is: $5,000 gain.
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[15 POINTS] Which negative quality does Deborah exhibit? Deborah believes that people of other nationalities are inferior to her. She treats them with disdain and does not miss an opportunity to abuse them. Deborah is a (BLANK) .
Answer:
rasit
Explanation:
i got it right on plato have a nice day!
Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.
XenophobiaIt is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.
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Your job is to cold call people and sell
them life insurance. You do some
research and find out that the life
insurance policy could be purchased
cheaper online. Your boss forbids you
to tell the customer this and expects
you to sign up at least 5 new
customers per day.
What will you do?
I believe I would be cheating customers if I don't do right by them. I would prefer to look for a new job than do something that is ethically wrong and against my morals.
As an employee, I would first try to figure out a way to do right by the customers and reduce the insurance fee. I would try to explain to my boss how we could benefit and increase our customer base if we reduce the fees.
If I fail at getting the price change. I would try looking for a new job that fits well with my morals. Till the time I get a new job, I would try working the same job and explaining to the boss.
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How do employers figure out how much federal income tax to withhold from your paycheck?.
Employers use the employee's Form W-4 and the IRS's income tax withholding table to determine the amount of federal income taxes they should withhold from an employee's salary or compensation.
Explain about the federal income tax?
Seven tax brackets apply to federal income: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Your filing status and taxable income define your tax bracket.
Individuals' wages and salaries, investment income, and other types of income are all subject to income taxes. The second-largest source of federal revenue, accounting for nearly one-third of all annual receipts, payroll taxes support Social Security, Medicare, and unemployment benefits.
In a nutshell, we take gross income and subtract tax deductions to estimate taxable income. Taxable income is all that is left. Then, to determine the amount of tax due, we apply the correct tax bracket (depending on income and filing status).
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Daphne is a middle manager in a leading fashion magazine. She presents a half-yearly estimate on how she intends to use the budget allotted to her team for the next six months. In this scenario, Daphne has most likely contributed to developing the _____
Daphne most likely contributed to the development of the budget strategy. This includes researching and forecasting her team's necessary expenses over the next six months, assessing the current budget and deciding how best to allocate funds.
This could include finding cost-effective options, prioritizing spending and deciding what funds to set aside for potential contingencies. Daphne would also need to review and adjust the budget as needed to ensure the team meets its goals. It is important for Daphne to remain aware of the financial resources of the organization and to be able to plan for the future to ensure the success of her team.
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What is an appraisal? Why is it usually included in the closing costs for buying a home?
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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which of the following facts would not necessarily be taken into consideration when trying to determine which of two residences is the principal residence of the taxpayer? multiple choice question. the proximity of each residence to the taxpayer's job the principal place of abode of the taxpayer's immediate family the taxpayer's mailing address for bills and important correspondence the proximity of each residence to the taxpayer's close friends
The correct option is (a). The proximity of each residence to the taxpayer's job the principal place of abode of the taxpayer's.
A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies.
The term "taxpayer" in the context of taxation usually refers to "assessee," who is responsible for paying tax to the government either directly or indirectly depending on the type and amount of income generated the prior year. The Taxpayer must also pay tax to the government using certain channels or procedures.
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