Suppose an economy is in its long-run macroeconomic equilibrium when an oil shock shifts the short-run aggregate supply curve to the left resulting in a recessionary gap. This phenomenon is known as stagflation.
What is a recessionary gap?
A recessionary gap happens when the actual level of gross domestic product (GDP) is lower than the level of potential GDP. It can also be defined as the difference between potential output and actual output in the economy. When the economy is in long-run macroeconomic equilibrium and the short-run aggregate supply curve shifts to the left as a result of an oil shock, it leads to a recessionary gap.
What is stagflation?
Stagflation is a phenomenon that occurs when an economy experiences stagnant economic growth, high inflation, and high unemployment at the same time. Inflation typically rises when aggregate supply cannot keep up with the increasing demand, which is often caused by supply-side factors such as rising input prices. When an economy experiences a leftward shift of the short-run aggregate supply curve as a result of an oil shock, it leads to stagflation as both the aggregate price level and aggregate output fall.
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If the federal government reduces its budget deficit, this causes a(n) ____ in the supply of loanable funds and a(n) ____ in the demand for loanable funds
A reduction in the federal government's budget deficit decreases the supply of loanable funds and increases the demand for loanable funds, potentially affecting interest rates and borrowing costs in the economy.
If the federal government reduces its budget deficit, it causes a decrease in the supply of loanable funds and an increase in the demand for loanable funds.When the government reduces its budget deficit, it means that it is spending less than it is collecting in revenues, resulting in less borrowing. This decrease in government borrowing reduces the supply of loanable funds available in the market.
On the other hand, a reduction in the budget deficit typically indicates that the government is running a surplus or a smaller deficit, which implies that it is reducing its demand for loanable funds. This decrease in government demand for borrowing can also lead to an increase in the demand for loanable funds from other borrowers, such as businesses and individuals.
Overall, the reduction in the budget deficit leads to a decrease in the supply of loanable funds and an increase in the demand for loanable funds. This can potentially impact interest rates and borrowing costs in the economy.
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Can QuickBooks track profitability?
Answer:
You'll see a snapshot of your income, costs, and profits in the header of every project page.
Technician A says that an air chisel is used to dress welds.
Technician B says that paintless dent repair (PDR) tools can be used to remove small dents.
Who is right?
O A only
O Bonly
O Both A and B
Neither Anor B
Answer:
B
Explanation:
Technician B is right a pdr can be used to remove dents
According to statement, technician b only is correct. Technician B says that paintless dent repair (PDR) tools can be used to remove small dents. Thus, option (b) is correct.
What is Technician?
The term technician is details of a subject or occupation, a computer technician.
Technician is work of repair and expert of work. It is easily handle problem and resolve solution.
As a result, option (b) is correct.
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What is asset allocation? Why is this used?
Answer:
Asset allocation is an investment portfolio technique that aims to balance risk by dividing assets among major categories such as cash, bonds, stocks, real estate, and derivatives. Each asset class has different levels of return and risk, so each will behave differently over time :)
Explanation:
your welcome! :D
Which of the following 4 firms should have the highest price-earnings ratio? Firm 1 with a high beta and a low dividend growth. Firm 4 with a low beta and a high dividend growth. Firm 3 with a high beta and a high dividend growth. Firm 2 with a low beta and a low dividend growth.
The price-earnings ratio (P/E ratio) is a popular metric used by investors to determine the relative value of a company's stock. The P/E ratio is calculated by dividing the current stock price by the earnings per share (EPS) of the company. A higher P/E ratio indicates that investors are willing to pay more for each dollar of earnings that the company generates.
In terms of the four firms given, the firm that should have the highest P/E ratio is Firm 3 with a high beta and a high dividend growth. A high beta indicates that the stock is more volatile than the overall market, which means that investors are expecting higher returns. Additionally, a high dividend growth rate indicates that the company is increasing its dividends at a faster rate, which can also lead to higher stock prices.
On the other hand, Firm 1 with a high beta and a low dividend growth and Firm 2 with a low beta and a low dividend growth may have lower P/E ratios because they may be perceived as less risky investments. Finally, Firm 4 with a low beta and a high dividend growth may have a moderate P/E ratio since it has a lower risk profile but still offers attractive dividends to investors.
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Joey has $1,000.00 to invest. He loves tracking crude oil prices. If he were to invest, what type of investment strategy would he be investing in?
An investment strategy is a plan created to assist lone investors in achieving their monetary and investment objectives. Your specific circumstances, including your age, wealth, risk tolerance, and aspirations, will determine your investing plan.
What is an investment strategy example?Due to the possibility of generating a monthly rental income, rental properties are a typical form of income investment. You may then utilize those profits to increase the size of your investment portfolio. Dividend stocks, index funds, and specific bonds are some more typical income investment ideas.
Finding growth investments is a common beginner's tactic. This entails searching for up-and-coming businesses and buying a stock before the enterprise takes off. When using a growth investing plan, one of the most well-known instances is to look at Apple shareholders.
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Aggie Limo is considering upgrading their fleet of stretch limosines by adding a large flat screen TV. With the flat screen TV, they can charge more money enabling annual revenue for each limosine. There is also a small increase in annual cleaning costs. Flatscreen cost including installation: 1540
Additional annual revenue per car due to flat screen: 832 Additional annual cleaning cost due to flat screen: 148 What is the payback (in years)?
We must ascertain how long it will take for the additional money brought in by the flat-screen TV to offset the cost of installation and the rise in yearly maintenance expenses in order to calculate the payback period.
The flat screen TV's initial price, including installation, is $1540. The flat screen TV generates $832 more in annual revenue per car, while the higher annual cleaning expenses come out to $148. We divide the initial expense by the net yearly cash flow, which is the difference between the additional revenue and the additional cleaning expense, to determine the payback period: Initial cost x Net annual cash flow equals the payback time. Net annual cash flow is equal to additional revenue minus additional cleaning expenses ($832 minus $148 equals $684). Period of repayment = $1540 / $684 ≈ 2.25 years The addition of the flat-screen TV to the limousine fleet will therefore pay for itself in roughly 2.25 years.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
stephanie has been driving for 4 years without any major auto accidents until today
Pharmaceutical Industry. An equities analyst is studying the pharmaceutical industry and would like your help in exploring and understanding the financial data collected by her firm. Her main objective is to understand the structure of the pharmaceutical industry using some basic financial measures.
Financial data gathered on 21 firms in the pharmaceutical industry are available in the file Pharmaceuticals. Csv. For each firm, the following variables are recorded:
i. Market capitalization (in billions of dollars)
ii. Beta
iii. Price/earnings ratio
iv. Return on equity
v. Return on assets
vi. Asset turnover
vii. Leverage
vii. Estimated revenue growth
ix. Net profit margin
x. Median recommendation (across major brokerages)
xi. Location of firm's headquarters
xii. Stock exchange on which the firm is listed
Use cluster analysis to explore and analyze the given dataset as follows (with Python)
a. Use only the numerical variables (1-9) to cluster the 21 firms. Justify the various choices made in conducting the cluster analysis, such as weights for different variables, the specific clustering algorithm(s) used, the number of clusters formed, and so on.
b. Interpret the clusters with respect to the categorical variables used in forming the clusters.
c. Is there a pattern in the clusters with respect to the numerical variables (10-12)? (those not used in forming the clusters)
d. Provide an appropriate name for each cluster using any or all of the variables in the data set
In general, conducting a cluster analysis involves the following steps:Data preparation,variable standardisation, clustering algorithm selection,etc
Data Preparation: Collect and organize the data to be used in the analysis. Ensure that the data is complete and accurate, and that any missing values are addressed.
Variable Selection: Choose the variables that will be used in the analysis. In this case, only the numerical variables (1-9) will be used.
Variable Standardization: Standardize the variables to ensure that they are on the same scale and have comparable variance.
Clustering Algorithm Selection: Choose a clustering algorithm that is appropriate for the data being analyzed. Some commonly used algorithms include K-means, hierarchical clustering, and DBSCAN.
Cluster Number Selection: Determine the number of clusters that will be formed. This can be done using various methods, such as the elbow method, silhouette method, or dendrogram.
Cluster Assignment: Assign each observation to a cluster based on the clustering algorithm and number of clusters chosen.
Cluster Interpretation: Interpret the clusters with respect to the variables used in forming the clusters. This involves examining the characteristics of each cluster and identifying any patterns or trends.
Cluster Naming: Provide appropriate names for each cluster based on the variables in the dataset.
It is important to note that the specific choices made in each step of the analysis will depend on the specific dataset being analyzed and the research question being addressed.
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Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they found it extremely poor poor good, very
good, or excellent. What kind of test is Henry conducting in this survey?
A
day after recall test
entals of
ment UA
B.
Interview test
C. rating scale test
D. open-ended test
Reset
Next
Page 2 of
© 2020 Edmentum. All rights reserved.
tv
MacBook Air
Answer:
C. rating scale test
Explanation:
A rating scale test is a type of data collection method used to gather comparative information about a specific research subject. It is a multiple-choice question that allows survey respondents to assign a value to the question asked.
This data collection method enables survey respondents to express their feelings, perceptions, interests, and preferences on the sibject matter. Different rating scales include numerical scales, heart rating scales, and Likert scales.
Answer:
I think the answer is rating scale test! hope this helped
2. The following data are the production of LISA & UK by using per hour of labor USA UK Wheat 1 Cloth 3 10 2 If United States exclunges W for 4C with United Kingdom thenattswer the following Which theory can plain this traite? the simulawel comparative cost find out the pain of USA and UK in terms of what e Calculate the range of mutually beneficial trade
The theory that explains this trade is the theory of comparative advantage. According to this theory, countries specialize in producing goods in which they have a lower opportunity cost, and then trade with other countries to obtain goods that they would otherwise have to produce at a higher cost.
To determine the opportunity cost for each country, we can use the table provided. For the USA, the opportunity cost of producing one unit of cloth is 1/3 units of wheat (since it takes 3 units of labor to produce one unit of cloth, but only 1 unit of labor to produce one unit of wheat). For the UK, the opportunity cost of producing one unit of cloth is 1/5 units of wheat (since it takes 2 units of labor to produce one unit of cloth, but only 1/5 unit of labor to produce one unit of wheat).
If the USA wants to produce one unit of cloth, it would have to give up the opportunity to produce 1/3 units of wheat. If the UK wants to produce one unit of cloth, it would have to give up the opportunity to produce 1/5 units of wheat. Since the USA has a lower opportunity cost of producing cloth, it should specialize in cloth production and trade with the UK for wheat.
To find out the price of USA and UK in terms of what, we need to determine the terms of trade. The terms of trade refer to the rate at which the two countries will exchange goods. In this case, the USA is willing to trade one unit of cloth for up to 4/3 units of wheat (since its opportunity cost of producing cloth is 1/3 units of wheat). The UK is willing to trade one unit of wheat for up to 3/10 units of cloth (since its opportunity cost of producing wheat is 1/5 units of cloth).
The terms of trade will fall somewhere between these two limits, depending on the relative bargaining power of the two countries. If the terms of trade are such that the USA trades one unit of cloth for one unit of wheat, then the price of USA in terms of wheat is 1, and the price of UK in terms of cloth is 2/3.
To calculate the range of mutually beneficial trade, we need to find the range of terms of trade that will make both countries better off. This range is bounded by the opportunity costs of each country. For the USA, the range is between 1/3 and 4/3 units of wheat per unit of cloth. For the UK, the range is between 2/5 and 3/10 units of cloth per unit of wheat.
As long as the terms of trade fall within these ranges, both countries will benefit from trade. The exact terms of trade will depend on factors such as transportation costs, tariffs, and exchange rates.
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captain buckwheat uses a sextant to measure the height of a ship when he spots it on the horizon. after attacking the ship he calculates the gold looted. his goal is to be able to predict the amount of gold based on the ship height. below is the data and regression from the 513 ships he has attacked during his career. Based on the output above, are there any assumptions that you feel should be investigated? Fanning, which suggests a non constant variance Swerving, which indicates the data in non-linear Outliers, which means the data is not normally distributed O The average residual is not zero which means the regression does not fit the data O Clumping, which might indicate a nonrandom sample Based on the output above find a 75% confidence interval for the slope of the regression line.
Based on the output, the assumptions that should be investigated are Fanning (non-constant variance), Swerving (non-linearity), Outliers (non-normal distribution), and Clumping (non-random sample).
Additionally, a 75% confidence interval for the slope of the regression line needs to be determined. The output suggests several assumptions that should be investigated to assess the validity of the regression model. First, the assumption of Fanning refers to a non-constant variance. In this case, it implies that the variability of the gold looted may not be consistent across different ship heights. Analyzing the residual plots or conducting a statistical test, such as the Breusch-Pagan test, can help assess this assumption.
The assumption of Swerving indicates non-linearity, suggesting that a linear regression model may not adequately capture the relationship between ship height and the amount of gold looted. Exploring alternative regression models, such as polynomial regression or adding interaction terms, can be useful in investigating this assumption.
The presence of Outliers suggests that the data may not follow a normal distribution. Identifying and examining the observations that deviate significantly from the overall pattern can help determine if they are influential or influential outliers affecting the regression results.
Lastly, the assumption of Clumping suggests a non-random sample. Investigating the sampling methodology used to collect the data and ensuring it represents a diverse range of ships can help address this assumption.
To determine a 75% confidence interval for the slope of regression line, statistical techniques such as bootstrapping or using the t-distribution can be employed. These methods provide estimates of the uncertainty associated with the slope coefficient, giving a range within which the true slope value is likely to fall with 75% confidence.
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fultz chiropractic acquired the colby massage parlor in august 2018. as part of the transaction, they promised colby stockholders 5,000 additional shares in august 2020, which coincides with the two-year anniversary of the acquisition. in which year should they add the promised shares to the diluted eps calculation?
Fultz Chiropractic should add the promised shares to the diluted EPS calculation in the year 2020 because the organization guaranteed the shares to Colby Stockholders in August 2020, coinciding with the two-year anniversary of the acquisition.
What is diluted EPS?Diluted Earnings Per Share takes into account the possibility that an organization may issue additional shares of stock that could decrease the earnings per share of existing shareholders. Diluted EPS is calculated by including all potential additional shares in the EPS calculation.
For example, if an organization had convertible securities or stock options, the dilution effect on EPS would be determined by the quantity of shares that would be created if all of these securities were exercised.
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lauren is the owner of a bakery. last year, her total revenue was $145,000, her rent was $12,000, her labor costs were $65,000, and her overhead expenses were $15,000. from this information, we know that her accounting profit was: a. $15,000. b. $145,000. c. $53,000. d. $65,000. e. $27,000.
A more comprehensive measure of profit would be economic profit, which takes into account both explicit and implicit costs.
Based on the information provided, we can calculate Lauren's accounting profit by subtracting her total expenses from her total revenue.
Total expenses = rent + labor costs + overhead expenses = $12,000 + $65,000 + $15,000 = $92,000
Accounting profit = total revenue - total expenses = $145,000 - $92,000 = $53,000
Therefore, the answer is c. $53,000.
It's important to note that accounting profit only takes into account explicit costs, such as rent and labor costs, and does not consider implicit costs, such as the opportunity cost of Lauren's time and the cost of using her own capital to start the business.
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Which descriptions offer examples of Maintenance, Installation, and Repair workers? Check all that apply.
Andy uses heat and tools to shape glass.
Mana sets up and takes care of industrial machinery in a factory.
Emma fixes medical equipment.
Pablo makes parts for precise tools and equipment.
Colin cuts keys and repairs locks.
Cynthia supervises workers who operate machinery in a factory.
Answer:
B, C, E or 2, 3, 5
Explanation:
Hope this helps!! Have a great day!!
Answer:
B,C,E or 2,3,5
Explanation:
2. Mana sets up and takes care of industrial machinery in a factory.
3. Emma fixes medical equipment.
5. Colin cuts keys and repairs locks.
What can be done to counteract the crowding effect in the
loanable funds market?
The crowding out effect in the loanable funds market occurs when government borrowing increases the interest rate, thereby reducing the demand for loanable funds by the private sector. To counteract this effect, there are several options that can be pursued:
1. Increase the supply of loanable funds: One option to counteract the crowding out effect is to increase the supply of loanable funds. This can be achieved through a number of means, including increasing savings rates, encouraging foreign investment, and encouraging private sector investment in the economy.
2. Reducing government borrowing: Another option to counteract the crowding out effect is to reduce government borrowing. This can be achieved through fiscal austerity measures, such as reducing government spending or increasing taxes.
3. Implementing monetary policy: Central banks can use monetary policy to counteract the crowding out effect. This can be achieved by reducing interest rates or increasing the money supply to stimulate demand for loanable funds.
Overall, counteracting the crowding out effect requires a combination of policy measures that increase the supply of loanable funds, reduce government borrowing, and implement monetary policy to stimulate demand for loanable funds.
The effectiveness of these measures will depend on the specific circumstances of the economy in question.
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Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters during the upcoming year. Each comforter requires 6 yards of material. The estimated January 1, 20Y7, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for the year.
Answer:
The materials budget for the year = $475,500
Explanation:
let us first lay out the particulars
beginning inventory = 31,000 yards
ending balance = 30,000 yards
amount sold from beginning inventory = 31,000 - 30,000 = 1,000 yards
budgeted production = 53,000 comforters
requirement for each comforter = 6 yards
total budgeted yards to be required = (requirement for each comforter) × (number of comforters)
= 6 × 53,000 = 318,000 yards
Note that required number of yards to be required during the year = 318,000 yards, but we have 1,000 yards available from the beginning inventory, as shown above, therefore, the number of yards to be produced is calculated as follows:
number of yards to be produced = (required number of yards) - ( number of yards from beginning inventory)
= 318,000 - 1000 = 317,000 yards.
Next, we are told that material cost per yard = $1.50
1 yard = $1.50
∴ 317,000 yards = 1.50 × 317,000 = $475,500
Therefore the materials budget for the year = $475,500
suppose opec oil cartel announces that it will increase production of oil. using supply and demand analysis to predict the effect of increased production on equilibrium price and quantity, the first step is to show the: multiple choice
The first step is to show that where the supply curve will shift and in the given case it will shift towards right.
Supply may be defined as the production of goods in a market that are made available to the consumers. Supply curve is a curve that depicts the relationship between the price of the product and the available quantity of the product that a consumer is willing and is able to purchase. It is a curve that may be used to determine the price of the products available in the market. The price of the product is determined according to their availability in the market. If the product in available in a lower quantity, then the price of the product is high and if the product is available in higher quantity, then the price of the product is low. OPEC oil cartel has decided to increase the production of oil which means the supply is shifted to right on the supply curve. After this, the equilibrium price will probably fall, unless demand also rises proportionally.
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Which of the following is one of the seven website design elements that marketers can use to produce an effective customer experience online?A. consistencyB. collaborationC. commercializationD. commerceE. creativity
Explanation:
The answer is D
Commerce
hope this helps
Discuss the costs and benefits of the government building a new airport. What are the key opportunity costs of such a decision?
(Mention at least 3)
PLS HELP DUE ON MONDAY
Thanks
Answer:
The Costs of Building a New Airport:
Financial Investment: Constructing a new airport requires massive financial investment from the government. It must acquire land, develop infrastructure and terminal, expand runway, and fund operations. The initial capital expenditure can be substantial and ongoing maintenance and operational expenses must also be considered.
Environmental Impact: Building a new airport can present adverse environmental effects. Clearing land, construction activities, increased air traffic, and noise pollution may adversely affect local ecosystems, habitats, and communities. Environmental impact assessments and mitigation measures must be carefully evaluated and implemented to minimize ecological harm.
Benefits of Building a New Airport:
Economic Development: A new airport can stimulate economic growth by attracting more tourists, enabling business travel, and increasing trade. It can create job opportunities during construction and operation to local communities. The airport can serve as a transportation hub, enhancing connectivity and access to a region. This would attract investments and foster economic development.
Improved Infrastructure and Services: A new airport helps design and build modern infrastructure that can enhance efficiency, safety, and passenger experience. Upgraded facilities, advanced security measures, and expanded capacity can improve air travel services and create a seamless journey for passengers.
Regional Connectivity and Accessibility: A new airport can improve regional connectivity, especially in underserved areas. It may provide better transportation options, shortening travel distances and time for passengers. Enhanced connectivity could increase tourism, business opportunities, and cultural exchanges, benefiting local communities and the broader region.
Opportunity Costs of Building a New Airport:
Allocation of Resources: Building a new airport requires a significant allocation of financial resources. The opportunity cost is the potential alternative uses of those funds. For instance, the money invested in the airport could have been allocated to other infrastructure projects like roads, schools, or healthcare facilities.
Environmental Conservation: Constructing a new airport may require land that could have been preserved for environmental conservation or utilized for other sustainable purposes, such as agriculture or renewable energy projects. The opportunity cost is the potential loss of these environmental benefits.
Existing Infrastructure Upgrades: Instead of building a new airport, the government could use the resources to upgrade and improve existing airports. Upgrading existing infrastructure could result in lower costs and still provide enhanced services and increased capacity. The opportunity cost is the potential missed opportunity to improve and optimize existing assets.
Explanation:
According to economists,
almost everything we do
has costs and benefits.
Identify the costs and
benefits of each of the
following: getting a dental
checkup and getting an
extra hour of sleep.
A cost means the amount of money or resources expended on something while a benefit means the thing that we gain from an actitivy.
What is C & B of getting a dental checkup?The benefits of going to the dentists is to get your teeth cleaned but the cost is paying for the dentist and maybe going for another checkup.
What is C & B of getting an extra hour of sleep?The benefits of getting an extra hour of sleep is that you will be more alert in the morning but the cost is you get less time to do things.
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Angela, a friend of yours, has been considering investing in a brokerage account for a down payment on a home in the near future. How much will she need to invest today, as a lump sum payment, to have $30,000 in 5 years assuming a 7.5% discount rate? $20,896.76 $29,079.82 $30,000 $15,678.32 All of this TVM stuff has gotten you excited about all the cool stuff you can do with your calculator. Just for fun, you want to know what interest rate you will need to meet your $3,000 savings goal over the next 5 years. You do not have anything saved, but you are expecting to make a contribution of $400 each year towards your goal. What is your interest rate? 20.40% 22.56% 18.79% O 19.83%
1. There are 12 months in a year, so 30 years are equal to 30 * 12 = 360.
2. FV = PV \((1 + R)^{5}\)
Future Value is equal to $30,000
R = 7.5% , T= 5,
30000 = PV \((1+.075)^{5}\)
Present Value ( PV) = 30000/1.43562
Present Value ( PV) = 20896.76
Future value (FV) is the current value of an asset based on the expected rate of future growth. The future value is a projection tool used by investors and financial planners to determine how much an investment will be valued in the future.
When investors are aware of their potential worth, they can make sensible decisions based on their anticipated needs. Yet, external economic pressures that cause depreciation, such as inflation, can reduce the asset's future value.
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Elle is in high school and wants to have job until she graduates. Which job would she be most qualified for until she graduates high school?
O Purchasing Agent
O Cashier
O Sales Agent
O Interviewer
First of all we should understand the nature of job of Purchasing Agent, Cashier, Sales Agent and an Interviewer to decide which option should Elle would be most qualified for until she graduates high school.
Who is a Purchasing Agent?The persons who buy the parts and materials that help in the production of goods are called purchasing agents or purchasers.
Buyers and purchasing agents review the history and quality of the suppliers before making the purchase. They should be qualified enough to consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.
Who is a Cashier?A cashier is a person who handles the cash register at various locations such as the point of sale in places such as shops or banks.
He is also known as teller, accountant, clerk, treasurer. Only qualified and skilled persons can perform the role of cashier.
Who is a Sales Agent?A person hired by any company to sell its products or services is known as Sales agent.
A sales agent take orders, offer services and provide support in person and via telephone or internet. This job can be done with little training and less qualification.
Who is an Interviewer?A person who conducts an interview to hire the candidates is known as Interviewer. To be an interviewer, a person needs to be well qualified with great communication skills.
So, the best role that Elle can take up until she graduates is that of a Sales Agent.
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Imagine you work in a factory that produces several types of bicycles. A county bureaucrat delivers a report listing numbers, types, and prices of bicycles the factory should make for the upcoming season. Which kind of economic system is this most likely to be? Explain
The economic system depicted in this example is a Command Economy since the government determines the production decision.
What is a command economy?A command economy is an economic system in which the following characteristics are prevalent:
Means of production are publicly owned.Economic activity is controlled by a central authority.Quantitative production goals and raw materials are allotted.A command economy is different from a:
Market EconomyTraditional EconomyMixed Economy.Thus, the economic system depicted in this example is a Command Economy since the government determines the production decision.
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Suppose a perfectly competitive market is suddenly transformed into one that operates as a monopoly market. We would expect price to _____, output to _____, consumer surplus to _____, producer surplus to _____, and deadweight loss to _____.
If a perfectly competitive market is suddenly transformed into a monopoly market, we would expect the following changes: Price: Increase
Output: Decrease
Consumer surplus: Decrease
Producer surplus: Increase
Deadweight loss: Increase
In a perfectly competitive market, there are many buyers and sellers, and no single participant can affect the market price. As a result, the market price is determined by the intersection of the supply and demand curves, and producers compete to sell their products at this price In contrast, a monopoly market has only one seller, and that seller has market power to influence the market price. As a result, the monopolist can increase the price above the competitive level and reduce the output it produces.
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To compare statement of cash flows reporting under the direct and indirect methods, indicate which items are used with each method.
Cash Flows (and Related Changes) Direct Indirect
11. Cash flows from investing activities 12. Cash flows from financing activities 13. Net increase or decrease in cash during the period
The main difference between the direct and indirect methods of reporting cash flows in the statement of cash flows is how cash flows from operating activities are reported.
- Direct method: The direct method reports actual cash receipts and cash payments during the period for each major category of operating cash flows, such as cash received from customers and cash paid to suppliers. This method requires more detailed information and is therefore more time-consuming and costly to prepare.
Under the direct method, the following items are used:
1. Cash received from customers
2. Cash paid to suppliers
3. Cash paid for wages
4. Cash paid for taxes
5. Cash paid for interest
6. Other operating cash payments
7. Cash refunds received
8. Interest received
9. Dividends received
- Indirect method: The indirect method starts with net income and adjusts it for non-cash items and changes in current assets and liabilities to arrive at cash flows from operating activities. This method is simpler and less costly to prepare, but it may not provide as much detail as the direct method.
Under the indirect method, the following items are used:
1. Net income
2. Depreciation and amortization
3. Gain or loss on sale of assets
4. Changes in current assets and liabilities (such as accounts receivable, inventory, accounts payable, and accrued expenses)
For both methods, cash flows from investing and financing activities are reported in a similar manner, using items such as cash received from the sale of long-term assets and cash paid for dividends and debt repayments. The final section of the statement of cash flows reports the net increase or decrease in cash during the period, which should be the same regardless of the method used.
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What is the first step in the federal budget process?
a. Congress debates and compromises on a budget
b. Federal agencies propose spending
c. Executive branch creates a budget
d. President signs or vetoes budget
Answer:
executive branch create a budget
Explanation:
i think in every budget process the first step is to plan or create a budget
The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.
What is Budget?
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.
Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.
Forecast Budget
Performance Budget
Cash Budget
Hence, firstly executive branch creates a budget.
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Trina wants to start a company that makes clothing. She has a lot of ideas, but she doesn’t have any sewing machines to use to make the clothes. Which category of economic resource does she require?
labor
entrepreneurial ability
capital
Answer:I think b
Explanation:
Trina requires capital category of economic recourse because to buy sewing machines. The correct optin is (c).
What is capital in business?Capital in business refers to the cash, machines, any type of assets, bills receivable, patents etc. which is used for the business purpose.
Capital is the life line of every business. Every business assets which are used for the business activity they create the value of the business and consider as the capital of the business. Capital is the financial assets which is used in the business.
Trina wants to start the business for making clothes, so she wants to buying the sewing machines for their business and in this case the lack of capital resources. Trina wants cash to buy the sewing machines to the
start the business.
Capital is classified as assets in terms of accounting. Capital is the blood of business. Therefore to every entrepreneur needs the capital for their business/company.
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unlike persuasive messages, most business writing is?
Most of the business writing other than persuasive messages are commonly direct and explicit. Whether it may be a positive or negative writing the facts are expressed with no space of doubt.
There are three kinds of business writing when they classified as per the themes. Positive writing, negative writing and persuasive writing. Each of these are selected according to the scenario. Persuasive writing are commonly used in sales and marketing. They mainly focus on persuading and motivating customers as well as potential donors to invest in the business or buy the product.
Positive writing is used to convey the message directly and it is usually facts based. It is written on a belief that the recipient will be receptive to the message. Negative writing is used to convey messages that the recipient do not want to hear. It may be refusing a request or cancelling an order or delivering a bad news. So the message will be empathetic, but direct and explicit.
So other than persuasive writing, most of the business writing are direct and explicit.
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