the role of technological progress in determining economic growth can be described by which statement? answer unselected technological progress does not cause real gdp to rise, rather it shifts what goods the economy makes. unselected technological progress will be beneficial only if the population also grows. unselected per capita output will rise when we discover new and more effective uses of capital and labor.
Answers
The correct statement is: Per capita output will rise when we discover new and more effective uses of capital and labor.
The role of technological progress in determining economic growth can be described by the statement that "per capita output will rise when we discover new and more effective uses of capital and labor.
1) Technological progress plays an important role in determining economic growth.
2) Technological progress increases productivity by reducing costs, improving quality, and enabling new products to be developed. It also facilitates the use of new capital, increases efficiency in labor use, and expands markets. The statement that "per capita output will rise when we discover new and more effective uses of capital and labor" is a correct description of the role of technological progress in determining economic growth.
3) Technological progress helps to increase the productivity of labor and capital. It helps to increase the efficiency of production, reduce the cost of production, and produce more goods and services with less labor and capital. Hence, it leads to an increase in per capita output.
On the other hand, the statement that "technological progress does not cause real GDP to rise, rather it shifts what goods the economy makes" is not a correct description of the role of technological progress in determining economic growth. Technological progress increases productivity and hence leads to an increase in real GDP. It also facilitates the development of new goods and services, which expand the economy.
The statement that "technological progress will be beneficial only if the population also grows" is also not a correct description of the role of technological progress in determining economic growth. Technological progress helps to increase productivity, reduce costs, and produce more goods and services. It leads to an increase in economic growth and hence raises living standards irrespective of the population growth.
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according to miller (2015), all these are critical features of organizations except? any hierarchical structure b. coordinating activity c. organizational and individual goals d. social collectivity
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According to Miller (2015), all of these are critical features of organizations except a hierarchical structure.
Organizations need a structure to function properly, and all the other features listed here are essential. However, having a hierarchy is not necessary for an organization to exist.
An organization is a group of people who work together to achieve a specific goal. They must have a structure in place to ensure that everyone knows what their role is and how they fit into the larger picture. Coordinating activities and ensuring that the organization and its individuals have clear goals are also essential features of any organization. These ensure that everyone is working together towards a common goal.
Social collectivity is another essential feature of organizations. When people work together, they form relationships with one another, which can be both social and professional. These relationships can help build trust and increase cooperation, both of which are important for the success of the organization.
In summary, an organization needs to have a structure, goals, and social collectivity to function properly. The hierarchy is not essential, as there are other ways to organize an organization.
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Need help ASAP! Tyyyyyy
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This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:
Was it a mistake for her not to have had a business plan?
Yes. Business plans are essential for laying out the long-term goals of a business.
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_______ management not only helps IT organizations shape demand, but also plan for demand and respond to changes in demand to meet business needs while controlling their IT budgets.
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the measurement principle requires that a.amounts recorded in the financial statements be based on independently verifiable evidence b.the financial accounting standards board be fair and unbiased in its deliberations over new accounting standards c.accounting principles meet the objectives of the security and exchange commission d.business transactions be consistent with the objectives of the entity
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We can actually deduce here that the measurement principle requires that A. Amounts recorded in the financial statements be based on independently verifiable evidence.
What is measurement principle?Measurement principle is actually known to require that are amounts be objective and at the same time verifiable. An amount that is verifiable is seen to be based upon independent, unbiased evidence.
Measuring principle is actually known as the method that is employed to target minimum price of securities which helps to determine entry and exit points.
Therefore, we see here that option A is correct answer.
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What is a real account?
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Answer:
A real account is a publicly generalized account that does not close at the end of the considered year. Apparently, the balances in real accounts are carried over to become the start of balances of the next period. Real accounts are also permanent accounts.
Answer:
Explanation:
A real account is a acccount that’s valid until one year
You're given a monthly budget of $400 for social media advertising. You want to set a daily budget for February to insure you don't overspend for the month. What is your daily budget? (It is not a leap year.)
Answers
Answer:
$14.28
Explanation:
you will have a couple of cents left over at the end because you cant evenly divide 400 by 28
an amusement park hires local college students to work for the summer months. what employee classification does this fall into.
Answers
The employee classification it falls into is Temporary Part-Time
It would often be considered temporary part-time employment to hire local college students for the summer. Temporary employment is a type of employment where a worker is hired for a brief length of time, usually for a particular project or season. Temporary workers are not given the same job security or benefits as permanent workers since they are not regarded as permanent employees.
A work arrangement known as part-time employment is one in which an employee works fewer hours than a full-time employee. Depending on how long a person works a part-time job, it may be either temporary or permanent. Local college students employed throughout the summer at an amusement park would probably be regarded as temporary part-time workers. They would only be employed during the summer months, and they would work less hours per week than a full-time worker.
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"The big white house on the hill clearly" was different from any of the other homes in the subdivision. It had more rooms, a double lot, and a large oversized garage and the house was bigger than the smaller homes on either side of it. The homeowner decided to sell the home and was very surprised when the appraiser did not give him the value that he had expected. In this case, the appraiser used the principle of:
Answers
Answer: Functional Obsolescence
Explanation:
Functional Obsolescence could be described as when a product is undervalued than what is expected due it's composed of outdated features.
Most very old homes are usually outdated. Innovation spring forth every day, especially in the area g homes, homes that are commercially rented are portable and have recent designs, but for homes that are not they may not be valued for what they should or what the seller expects. This is the scenario with homeowner.
Answer:
Conformity
Explanation:
a house that is built differently than the houses in the area actually may have a decrease in value.
Materials used by the Instrument Division of Ziegler Inc. are currently purchased from outside suppliers at a cost of $1,350 per unit. However, the same materials are available from the Components Division.
Answers
The increase in the total operating income is $33,750,000
The calculation of the increase in the total operating income is given below:
= Material units × (outside supplier unit - variable cost per unit
=75,000 units × ($1,350 - $900)
= $33,750,000
Hence, the increase in the total operating income is $33,750,000
We simply applied the above formula so that the correct amount could come and, the same is relevant.
What is total operating income ?Both operating income and sales are crucial measurements of a company's profitability. Both revenue and operating income are crucial in determining if a firm is functioning effectively, even though they are two distinct ways of describing a company's earnings and they include various deductions and credits in their calculations.
Prior to deducting any costs, a company's revenue is the complete amount of income it receives from the sale of its products or services.Operating income is the total of a business's profits less regular, ongoing expenditures and expenses.An essential measure of a company's financial health is the difference between these two numbers.To view more about the operating income, refer to:
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XYZ Mortgage Company just mailed a Closing Disclosure to a consumer. The waiting period prior to closing will begin:
Answers
Answer:
The waiting period will begin on the third business day after the closing disclosure is mailed.
Explanation:
The closing disclosure is a 5 page form that your mortgage lender must send to you. It includes all the relevant information about the loan that you applied for, e.g. estimated monthly payments, closing costs and other fees, etc. But the closing disclosure doesn't mean that the loan has been approved, it is a formality prior to closing the deal.
Kenny is a college student working a part-time job as a mechanic at a local body shop Kenny earns an average of $25 per hour, working 20 hours per week . Kenny pays his health insurance of $2,200 per year and taxes of $1,000 per year What is his net annual pay? And net monthly pay rounded to the nearest dollar?
Answers
Kenny's net annual pay is $22,800.
Kenny's net monthly pay is $1900.
What is Kenny's net annual pay?Kenny's net annual pay is her gross pay less any deductions such as insurance and taxes.
Kenny's net annual pay = gross pay - health insurance - taxes
Gross pay = $25 x 20 x 52 = $26,000
Kenny's net annual pay = $26,000 - $2200 - $1000 = $22,800
Kenny's net monthly pay = $22,800 / 12 = $1,900
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alberto currently has $500 in an account that earns 20% apr, compounded monthly. assuming he doesn't withdraw any of the funds, how much will his balance be in 6 years?
Answers
Future value is the current value of an asset at a future point in time when it has grown at the specified int rate or growth rate.
FV = PV (1+r)^n
where r is the interest rate per period
n - number of periods detail amount
present value $500.00
interest rate 1.6667%
period 72
future value = present value * ( 1 + r )^n
= $500 (1 + 0.016667) ^72
= $500 (1.016667 ^72)
= $500 * 3.2874
= $1643.72
An asset is a resource of economic value owned or controlled by an individual, firm, or country with the expectation of future profit. Assets are reported on the company's balance sheet. They are classified as short term, fixed, financial, and intangible.
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TRUE/FALSE. The group of theories that explain how employees meet their needs and determine their success are called process theories
Answers
False. The group of theories that explain how employees meet their needs and determine their success is called content theories, not process theories.
Content theories focus on the specific needs and motivations that drive individuals in the workplace. These theories suggest that employees have certain needs that they strive to fulfill, and the satisfaction or fulfillment of these needs affects their motivation and success.
One of the most well-known content theories is Abraham Maslow's Hierarchy of Needs, which proposes that individuals have a hierarchical set of needs, ranging from basic physiological needs to higher-level needs like self-esteem and self-actualization. According to this theory, individuals seek to fulfill their needs in a specific order, with higher-level needs becoming relevant once lower-level needs are satisfied.
Another popular content theory is Frederick Herzberg's Two-Factor Theory, which identifies two types of factors that impact job satisfaction and motivation: hygiene factors and motivators. Hygiene factors are related to the work environment and include factors like salary, job security, and working conditions. Motivators, on the other hand, are intrinsic to the work itself and include factors like recognition, achievement, and growth opportunities. According to Herzberg, the absence of hygiene factors can lead to dissatisfaction, while the presence of motivators can drive motivation and satisfaction.
These content theories, along with others like Clayton Alderfer's ERG Theory and David McClelland's Achievement Motivation Theory, provide insights into the different needs that employees have and how fulfilling those needs can contribute to their success and motivation in the workplace.
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what most demonstrated consumers’ changing buying patterns during the covid-19 pandemic?
Answers
Due to extensive lockdowns, a volatile economy, and changes in lifestyle, the COVID-19 pandemic significantly altered consumers' purchasing habits.
The new coronavirus that started the COVID-19 pandemic, which has had an impact on almost every sphere of civilization, is a major worldwide health concern. Since its initial discovery in Wuhan, China in December 2019, it has spread quickly over the world, causing numerous lockdowns and travel restrictions. The epidemic has significantly impacted the world economy, resulting in significant employment losses, economic uncertainty, and supply chain disruptions. Businesses have been forced to shut down, and those that are still operating have had to change to comply with new health and safety regulations. Millions of people now work from home as a result of the epidemic, which has also transformed the way that people work and accelerated the transition to digital technology.
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my boss just took 70 dollars out of my paycheck and he said, "i cant believe you yelled at one of our costumers." and I have no idea what he is talking about. Is this something i should take to the owner of the store?
Answers
Why don't more people save for the future?
Which reasons can be fixed by having a money plan?
Answers
Answer:
Explanation:
Lots of people like to focus in today, which is fun but can mean bad things in the future. If you save for the future you can be prepared or not overwelled if a surprise bill or extra money is needed.
how are insignificant variances and significant variances closed at the end of the accounting period? why is there a difference in treatment?
Answers
At the end of the accounting period, insignificant deviations are closed by transferring the amount to an expense account, e.g. a miscellaneous expense account. This is done in order to recognize the deviation and prevent its effect from being carried over to the next accounting period.
However, significant deviations must be investigated to determine the root cause of the deviation and then addressed by taking corrective action. This is because material deviations can have a material effect on the company's financial position and future operations. It is important to close significant variances to ensure the accuracy of the financial statements and for the company to take appropriate action to eliminate the cause of the variance.
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Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
Answers
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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Which of the following pairs of goods is an example of substitutes?
A. Shirts and trousers
B. Pen and Ink
C. Petrol and Diesel
D. Coffee and Sugar
Answers
Coffee and Sugar pairs of goods is an examples of substitutes.
Hence, Option D is correct
When it comes to microeconomics, two goods are considered substitutes if consumers could use them for the same purpose.In other words, a consumer sees both goods as comparable or similar, so having more of one good makes them less interested in having more of the other.An example of a substitute is the commodity pair of tea and coffee. As with all complementarity pairs of goods, this relationship is unfavorable.Substitutes that are Near and Weak. We can use weak substitutes that are near. Close substitutes are more responsive to price changes; for example, a slight price increase on one commodity, such as gasoline, might result in a bigger increase in demand for the other good.To know more about substitutes here
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Plz help! Describe two ways commercial banks could lend euros to individuals and firms?
Answers
Answer:
A bank is a financial institution which is involved in borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment. The bank then uses the majority of these deposits to lend to other customers for a variety of loans.
Commercial Bank
A bank is a financial institution which is involved in borrowing and lending money.
Firms
Answer:
Based on a common source of balance sheet data for four largest economies of the euro area over the period 1999-2011 the two main regularities were discovered first the effect of monetary policy on bank lending is significant and heterogeneous. Second,there is some evidence that monetary policy exerts larger effect on cooperative and saving banks with lower liquidity and less capital.
Explanation:
how can a job (or occupation) impact your life?
Answers
Answer:
A job can affect your lifr in many ways;
-can get you money to live off of
-give you a sence purpose
-make friends
-make you better at goals and achivements
Explanation:
5. A number with the addition of itself becomes 38. What
is the number?
Answers
Answer:
19+19=38
...........................
Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answers
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
Given that collision insurance pays on the book value of the vehicle, the policyholder should consider __________ the policy after the car is 5 years old.
Answers
Given that collision insurance pays on the book value of the vehicle, the policyholder should consider reevaluating the policy after the car is 5 years old. It is important to note that the book value of a vehicle typically decreases over time, meaning that the amount paid out by collision insurance may not fully cover the cost of repairs or replacement.
Therefore, it is recommended that policyholders reassess their collision insurance coverage once their vehicle reaches the 5-year mark, as this is typically the point at which the book value of the car has significantly decreased. This reevaluation should take into account the cost of the collision insurance premium, as well as the potential payout in the event of an accident.
In summary, after a car is 5 years old, it is advisable to reassess collision insurance coverage to ensure that it is still worth the cost. This can help policyholders make informed decisions about their coverage and potentially save money on their premiums.
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What is advertising??
Answers
Answer:
the activity or profession of producing advertisements for commercial products or services.
Explanation:
Answer:
the activity or profession of producing advertisements for commercial products or services.
"movie audiences are receptive to advertising"
advertisements collectively.
"despite being instructed to take the signs down, he says he has no intention of removing the advertising"
Explanation:
dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
Question 10 if you were presenting your data results, and wanted to talk about your revenue as a ratio to what you spent, what number would you include?
Answers
Writing for everyone and telling the tale in a way that your readers can comprehend is always crucial. In light of this, I've compiled some data presentation advice that I hope will assist you in making your data as transparent and approachable as possible.
First advice: Make your conclusion the title. The majority of presenters employ ambiguous slide names, such as Our Sales Performance.
Tip 2: Draw attention to your inference.
Use visuals to help your message stick in people's minds.
Tip 5: Deliver information gradually.
The introduction, the reveal, and the wrap-up are the three steps that your presentation must go through, but before you even consider those three, you must choose the topic. You may create a title for your presentation that fits with the subject.
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On his marvel company team, sam wilson is "the motivator. " he’s always encouraging his teammates to work harder and try to perform better. Which of belbin’s team roles is sam enacting?.
Answers
Sam Wilson's Marvel Corporation team refers to him as "the motivator" since he consistently encourages his coworkers to put in more effort and strive for excellence. Belbin team members play "shapers" duties. Sam is onstage.
Which Belbin team position is in charge?At Belbin, we believe that the roles of "Leader" and "Manager" are very different from one another. A leader inspires and guides others, laying out the path and making sure that others follow, as opposed to a manager who assigns tasks to a team.
What functions did each team member have?Distinct people perform different roles within a team. Team members can play one of four roles: leader, facilitator, coach, or member. These are all elements of a team, but they don't have to be mutually exclusive. At certain times, a leader can also serve as a coach and facilitator.
Team leaders encourage improvement by forming the team. They are vibrant, often extroverted people who enjoy inspiring others, questioning norms, and finding the best solutions to problems.
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Which of the following statements is true of globalization?
a) It makes countries and markets more independent of each other.
b) It leads to the replacement of regional trade blocs with national markets.
c) It impacts the commercial, economic, social, and political environment.
d) It offers multinational companies fewer ways to reduce their expenses.
Answers
Option c is correct, globalisation impacts the commercial, economic, social, and political environment.
What is globalization?The term "globalisation" refers to the increasing interdependence of the world's economies, cultures, and inhabitants as a result of cross-border trade in commodities and services, technology, and flows of capital, labour, and information. Complex and politically fraught, globalization's wide-ranging repercussions are widespread. Globalization has mixed effects on different groups of people, similar to significant technological advancements. In order to solve issues while maintaining larger benefits, it is helpful to understand the relative costs and advantages. These components of globalization—economic, financial, political, social, and technological—cover all four of its main facets.
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Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
Answers
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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is advertising a overhead or operating expense
Answers
Answer:
The answer to this question is given below in this explanation section.
Explanation:
"is advertising a overhead or operating expense"
operating expenses and selling general and administrative expenses are both types of costs involved in running a company a significant in determining its financial well being.While generally synonymous,they each can be listed separately on the corporate income statement.
Operating expense are the costs involved in running the day to day operations of a company they typically make up the majority of a company expenses. OPEX are not include in costs of goods involved in the production of a company goods and services.cogs include direct labors direct materials or raw materials and overhead cost of production facility.cost of goods sold is typically listed as a separate line item on the income statement.
operating expenses are the remaining costs that are not includes in cogs.Operating expenses can include:
Rentutilitiessalaries/wagesproperty taxesBusiness travel