In the given problem, solving systematically, if bluebird accepts the additional business, the effect on income will be -$23,625.
How to Solve the Problem?To determine the economic impact, it is important to first compare the cash acquired from manufacturing and selling extra units to the income earned if the company does not accept the special order.
Current earnings from 75,000 units produced and sold:
75,000 times $8.30 equals $622,500 in revenue.
75,000 x $3.55 = $266,250 Variable expenses
Fixed costs are $2.55 x 75,000 = $191,250.
Total cost: $266,250 + $191,250 = $457,500
Income = $622,500 – $457,500 = $165,000
Profits from the manufacture and sale of 75,000 units, as well as the acceptance of a one-time order of 16,300 units:
$532,990 (75,000 + 16,300) x $4.30 = $532,990
The variable costs are (75,000 + 16,300) times $3.55, which is $365,365.
Fixed expenses = $191,250
Total cost: $556,615 ($365,365 + $191,250).
Income = $532,990 - $556,615 = -$23,625
In conclusion, the effect of the economy on Bluebird is ($23,625).
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You have just finished identifying risks that are associated with a project that you are managing. You now want to associate the risks with their root cause. Which method will BEST achieve this?
One method that can help associate risks with their root cause is a cause-and-effect diagram, also known as a fishbone diagram or an Ishikawa diagram. This tool helps identify possible causes of a problem or a risk by organizing them into categories and subcategories.
To create a cause-and-effect diagram for project risks, you can start by identifying the main categories of causes, such as people, process, technology, and environment. Then, under each category, you can list the subcategories of possible causes that could lead to the identified risks. Finally, you can map each risk to the corresponding subcategory of its root cause on the diagram.
By using this method, you can visually link the identified risks with their potential root causes and better understand how different factors contribute to the occurrence of the risks. This can help you develop more effective risk mitigation strategies and avoid or minimize the impact of the identified risks.
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Assess the effects ofPrice ceilingPrice floor(Hint: Government policies and intervention)
A price ceiling is a government-imposed limit on the maximum price that can be charged for a particular good or service. The aim of a price ceiling is to make the good or service more affordable for consumers, particularly those on low incomes.
However, the unintended consequence of a price ceiling is often a shortage of the good or service, as suppliers are unable to cover their costs or make a profit. In contrast, a price floor is a government-imposed minimum price that must be paid for a good or service.
The aim of a price floor is to ensure that suppliers receive a fair price for their goods or services, particularly in industries where the costs of production are high. However, the unintended consequence of a price floor is often a surplus of the good or service, as consumers are unwilling or unable to pay the higher price.
In summary, both price ceilings and price floors can have unintended consequences that may ultimately harm the very consumers or producers that they were intended to help.
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A job ____ identifies what is done, why it is done, where it is done, and briefly, how it is done.analysisperformance standardspecificationdescription
A job description is a document that outlines the duties, responsibilities, qualifications, and reporting relationships of a particular job.
It identifies what tasks are performed, why they are performed, where they are performed, and how they are performed. A well-written job description can serve as a useful tool for both employers and employees, as it provides a clear understanding of the expectations and requirements of the position. It can also be used to attract qualified candidates and to evaluate employee performance.
Overall, a job description is an important component of effective human resource management and can help ensure that an organization has the right people in the right roles.
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A performance management system can be effective even if organizational employees do not generally regard it as fair.TrueFalse
A performance management system can only be effective if it is perceived as fair by employees. Given statement is False.
If employees do not view the system as fair, they are less likely to engage with it, accept feedback, and work to improve their performance. This can lead to decreased motivation, job satisfaction, and productivity, which can ultimately undermine the effectiveness of the system.
Fairness is a critical aspect of performance management, and it is important for organizations to ensure that their performance management systems are designed and implemented in a way that is perceived as fair by employees.
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debt free net income investment is 107000, depreciation is 45000, and taxes are 60000 what is the operatng cash flow
The operating cash flow is $92,000.
To calculate the operating cash flow, you need to add net income, depreciation, and subtract taxes
Given your provided information: Net Income = 107,000 Depreciation = 45,000 Taxes = 60,000
Operating Cash Flow = Net Income + Depreciation - Taxes
Plugging in the values given, we get:
Operating Cash Flow = 107000 + 45000 - 60000
Operating Cash Flow = 92000
Therefore, the operating cash flow for this scenario is $92,000.
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According to Kirkpatrick model reaction measure the effect of training on the achievement of organizational objectives.TrueFalse
False. According to the Kirkpatrick model, reaction is the first level of evaluation and measures the immediate reactions of participants to the training, such as their satisfaction with the training experience.
The subsequent levels of evaluation are learning, behavior, and results, which measure the extent to which participants have learned new knowledge and skills, changed their behavior, and achieved organizational objectives as a result of the training. Therefore, the Kirkpatrick model does not measure the direct effect of training on the achievement of organizational objectives, but rather the indirect effect through changes in behavior and results.
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calculate the monthly finance charge on a credit card with a carry over balance of $930 with an apr of 18.99%.
Calculate the monthly finance charge on a credit card with a carry over balance of $930 and an APR of 18.99%, we can use the following formula:
Monthly Finance Charge = (Average Daily Balance x APR x Number of Days in Billing Cycle) / 365
First, need to calculate the Average Daily Balance (ADB), which is the sum of the daily balances during the billing cycle divided by the number of days in the cycle. Assuming a 30-day billing cycle:
[tex]ADB = (Total balance for the billing cycle) / (Number of days in billing cycle)\\ = $930 / 30= $31[/tex]
Next, plug in the values into the formula:
Monthly Finance Charge = ($31 x 0.1899 x 30) / 365
= $2.55
Therefore, the monthly finance charge on a credit card with a carry over balance of $930 and an APR of 18.99% is $2.55.
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John wants to buy a car and he is spending about an hour each day researching various brands and models. In which phase of high-involvement decision process is John currently engaged? problem recognition post-purchase evaluation evaluation of alternatives information search
John is currently in the information search phase of the high-involvement decision process.
This is the stage where the consumer searches for information about the product or service that they are interested in, and may use various sources such as personal recommendations, online reviews, and advertisements to gather information about the product or service. In this case, John is actively researching various brands and models of cars, indicating that he is seeking out information to aid him in his decision-making process.
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A significant reason for the supremacy of market forces is the pivotal role of profit.T/F
Profit is a key factor in the success of market forces. It serves as a motivator for businesses to produce goods and services efficiently and effectively in order to generate revenue and maximize profits. True
In a market-driven economy, the pursuit of profit drives competition, which in turn leads to innovation, better quality products, and lower prices for consumers. Profit also encourages investment and growth, as businesses seek to expand their operations and increase their market share.
Overall, the pursuit of profit is a fundamental aspect of the market system, which has proven to be one of the most effective ways of allocating resources and driving economic growth.
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assume abc company deposits $70,000 with first national bank in an account earning interest at 6% per annum, compounded semi-annually. how much will abc have in the account after five years if interest is reinvested?
The ABC company will have $109,641.85 in the account after five years if the interest is reinvested.
The total amount that ABC company will have in the account after five years, we need to use the formula for compound interest:
A = P(1 + r/n)^(nt)where:
A = the amount of money accumulated after the specified time period
P = the principal amount (the initial deposit)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time period for which the interest is compounded (in years)In this case:
P = $70,000
r = 6% = 0.06 (as a decimal)
n = 2 (since interest is compounded semi-annually)
t = 5 years
So, substituting these values into the formula, we get:A = $70,000(1 + 0.06/2)^(2*5)
= $70,000(1.03)^10
= $109,641.85 (rounded to the nearest cent)
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Question 3 4 Points By 2007. US market deregulation has proven to be most toxic to the overall health of the US economy in the A nuclear power sector B banking sector postal services sector telecommunications secto
The correct answer is B) banking sector. By 2007, the US market deregulation had a negative impact on the overall health of the US economy, especially in the banking sector. This led to the 2008 financial crisis which had a far-reaching impact on the global economy. The deregulation allowed banks to engage in risky investments and practices, resulting in the collapse of several large financial institutions and a wave of foreclosures and bankruptcies.
By 2007, US market deregulation proved to be most toxic to the overall health of the US economy in the B) banking sector. This contributed to the financial crisis due to risky lending practices and a lack of oversight, which eventually led to the collapse of major financial institutions and a severe economic recession.
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which of the following is a cost of internalizing a negative externality? a. less output is produced. b. the deadweight loss is larger. c. the level of pollution rises. d. taxes must increase to cover the external cost. e. the government must pay firms to encourage them to change production techniques.
The correct answer is d. taxes must increase to cover the external cost. When a negative externality is internalized, the producer or consumer responsible for the externality is made to pay the social cost of the activity.
In order to do this, taxes may be imposed to cover the cost of the external harm, thereby increasing the overall cost of production or consumption. This in turn can lead to less output being produced, as well as a larger deadweight loss. The level of pollution may also decrease, as firms may be incentivized to reduce their negative impact on the environment. However, this is not a cost of internalizing a negative externality.
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_____ progress from initiation activities to planning activities, executing activities, monitoring and controlling activities, and closing activities.
The Project Management progress from initiation activities to planning activities, executing activities, monitoring and controlling activities, and closing activities.
An outline of the project's aims and objectives is created during the project's commencement stage. Resource allocation, stakeholder identification, and project team formation are completed.
The project scope is established and split down into tasks during the planning phase. A thorough project plan is produced along with the assignment of roles and duties.
The tasks are carried out in accordance with the project plan during this phase, and the development is tracked. Progress is monitored, problems are resolved, and project risks are handled during the monitoring and controlling stage.
The project is completed and the outcomes are assessed in the closure stage. Finally, the project is documented and the project stakeholders are notified.
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What is the order of creditor preference in the event of company bankruptcy?
sample answer:
In the event of a company bankruptcy, the order of creditor preference is determined by the bankruptcy laws of the country in which the company is incorporated or has its main operations. Generally, the order of creditor preference is as follows:
1. Secured creditors: These are creditors who have a security interest in the company's assets, such as a mortgage on a property or a lien on equipment. Secured creditors have the first right to be paid from the sale of the assets they hold a security interest in.
2. Priority creditors: These are creditors who have priority claims, such as employees owed wages or taxes owed to the government. Priority creditors are typically paid before unsecured creditors.
3. Unsecured creditors: These are creditors who do not have a security interest in the company's assets and do not have priority claims. Unsecured creditors are typically paid last and may receive only a portion of what they are owed.
4. Shareholders: Shareholders are the owners of the company and are not considered creditors. In the event of a bankruptcy, shareholders typically receive nothing or very little.
It is important to note that the order of creditor preference may vary depending on the specific circumstances of the bankruptcy case. Additionally, the bankruptcy process can be complex, and it is recommended that individuals consult with a legal professional for guidance on their specific situation.
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given that oligopolistic firms face other competitors in their markets, their behavior must definitely be: multiple choice question. taciturn. independent. strategic. collusive.
Given that oligopolistic firms face other competitors in their markets, their behavior must definitely be strategic. The Correct answer is Strategic.
Oligopolistic enterprises must engage in strategic behavior to maintain their competitiveness in their marketplaces.
This behavior entails a company making choices based on its knowledge of the tactics used by rival companies.
By anticipating their moves and adopting choices that maximize their revenues, businesses use strategic behavior to obtain an advantage over rivals.
Pricing decisions, the introduction of brand-new goods and services, and R&D expenditures are all examples of strategic behavior.
Making judgments regarding how to respond to competitive maneuvers and how to allocate resources to maximize earnings are also part of it.
Businesses can maintain their competitiveness and safeguard their market share by using strategic behavior.
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A time series which has no significant upward or downward trend is referred to as
static. non-moving. stationary. non-stationary.
A time series which has no significant upward or downward trend is referred to as stationary.
In a stationary time series, the statistical properties such as the mean and variance remain constant over time, and there is no trend or seasonality. This allows for the use of statistical techniques such as regression and correlation analysis to model and predict future values of the series. In contrast, a non-stationary time series is one in which the statistical properties change over time, such as a trend or seasonality, and therefore, statistical techniques that assume stationarity may not be appropriate. Non-stationary time series are often transformed to stationary time series through techniques such as differencing, where the differences between successive values are taken to remove trends, or logarithmic transformation, which stabilizes the variance of the series. Once the time series is stationary, it can be modeled using time series analysis techniques such as ARIMA or exponential smoothing to make forecasts or identify trends and seasonality.
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An appraisal interview technique that encourages employees to identify their own performance deficiencies is termed a/an ____________ approach.self-auditingconfessional
An appraisal interview technique that encourages employees to identify their own performance deficiencies is termed a self-auditing approach. This approach is an effective way to empower employees and allow them to take ownership of their performance. Self-auditing is a process of self-reflection where employees evaluate their own performance against predetermined standards and identify areas where they need to improve.
The self-auditing approach encourages employees to be proactive in identifying their own strengths and weaknesses, and to take steps to improve their performance. It helps them to understand the impact of their actions on the overall performance of the organization, and to take responsibility for their own development. This approach is a departure from the traditional appraisal interview, where managers assess employee performance and provide feedback.
Self-auditing is an effective technique because it creates a sense of ownership among employees. They feel more motivated to improve their performance when they are given the opportunity to identify their own deficiencies. They are more likely to take responsibility for their own development, and to be more committed to achieving their goals. In addition, self-auditing helps managers to identify employees who are self-motivated and willing to take the initiative to improve their performance.
In conclusion, the self-auditing approach is an effective appraisal interview technique that encourages employees to take responsibility for their own performance. It is a powerful tool for empowering employees, improving their performance, and enhancing the overall performance of the organization.
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if partnership debt is reduced and a partner is deemed to receive a cash distribution, what impact does the deemed distribution have on the partner if it is in excess of her tax basis?
Answer: A taxable gain could be realized if the presumed distribution is greater than the partner's tax basis. The partner could have to declare the gain and pay taxes on it on their own personal tax return. The difference between the distribution and the partner's tax base would be the gain amount.
Explanation: If a partner is deemed to receive a cash distribution when a partnership's debt is reduced and the deemed distribution exceeds the partner's tax basis, it may have an effect on the partner. In this case, the partner is likely to have tax repercussions and might be required to pay tax on the extra amount. The distribution must be disclosed by the partner on her individual tax return, and any surplus will be subject to capital gains tax.
Additionally, the partner could need to report ordinary income if their tax basis in the partnership interest is lower than the amount of the distribution. By raising her tax basis in the partnership interest before the distribution, the partner can lessen the tax effects.
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1. Suppose that you make a decision between go watch a movie or have dinner using the ingredients saved at home. What is the opportunity cost of going to a movie?
a. the price of the ticket.
b. the price of the ticket plus the cost of any soda and popcorn you buy at the theater.
c. the value of the movie (including the expenditure to go to the theatre) plus the value of ingredients for dinner.
d. zero
The opportunity cost of going to a movie is the value of the alternative option that is foregone, which is having dinner using the ingredients saved at home. Therefore, correct answer is option c, which includes value of the movie plus the value of ingredients for dinner.
This is because by choosing to go to the movie, you are sacrificing the time and resources that could have been used to make dinner at home, which has its own value.
Opportunity cost refers to the value of the best alternative that is forgone when making a decision. It is important to consider opportunity cost when making choices, as it helps to weigh the costs and benefits of different options and make more informed decisions.
The opportunity cost takes into account both the cost of going to the movie and the value of the ingredients for dinner that you would have used if you stayed home. By choosing to go to the movie, you are giving up the opportunity to have dinner at home using those ingredients. The correct answer is option c
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How do you determine the discount rate on a bond?
sample answer:
To determine the discount rate on a bond, you need to consider various factors such as the bond's face value, purchase price, current market interest rates, the credit rating of the issuer, and the time to maturity of the bond.
Typically, the discount rate is calculated as the required rate of return that an investor expects to earn on the bond. In other words, it is the annual percentage rate that equates the present value of the bond's future cash flows with its purchase price. This rate is based on the risk associated with the bond, which is reflected in its credit rating. The higher the credit rating, the lower the risk, and the lower the discount rate.
Additionally, the longer the time to maturity, the higher the discount rate since there is more uncertainty about future economic conditions. Overall, determining the discount rate requires careful analysis and consideration of various factors to arrive at an accurate estimate.
You can calculate the discount rate using a financial calculator or spreadsheet software, by inputting these variables and solving for the rate. This will give you the bond's yield to maturity, which is its effective discount rate.
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how is calculating the credit card interest using the unpaid balance method different than the average daily balance method?
The unpaid balance method calculates interest based on the outstanding balance at the end of each billing period, while the average daily balance method takes into account the daily balance over the entire billing period.
In the unpaid balance method, the interest is calculated based on the balance remaining on the card after the previous billing cycle. For example, if the credit card balance was $1,000 at the end of the previous billing period and the payment made was only $500, then the interest would be calculated on the remaining $500 balance. This method may be advantageous if you pay off the entire balance each month as it could result in a lower interest payment.
On the other hand, the average daily balance method calculates interest based on the average balance for each day of the billing period. This method takes into account any purchases made during the billing cycle and payments made towards the balance. This method may be beneficial if you have a balance that fluctuates throughout the billing period as it can result in a lower interest payment.
The unpaid balance method is based on the balance at the end of the billing period, while the average daily balance method takes into account the balance over the entire billing period. The method that is best for you depends on your credit card usage and payment habits. It is important to understand both methods to determine which method will result in the lowest interest payment for your situation.
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which of the following statements is not true about equity funds? multiple choice question. equity funds are typically riskier and respond more dramatically to changes in economic conditions. equity funds usually offer check-writing features and net asset value is fixed at $1 per share. equity funds commonly will hold about 5% of total assets in money market securities. equity funds invest primarily in stock.
The statement that is not true about equity funds is: "Equity funds usually offer check-writing features and net asset value is fixed at $1 per share."
Equity funds are a type of mutual fund that primarily invests in stocks, making them generally riskier than other types of funds, such as bonds or money market funds. They can indeed respond more dramatically to changes in economic conditions due to their inherent nature of being tied to the performance of companies and the stock market.
While it is true that some equity funds may hold a small percentage of their total assets in money market securities, typically around 5%, this is done for liquidity purposes and does not detract from their main investment focus on stocks.
However, equity funds do not usually offer check-writing features and do not have a fixed net asset value (NAV) at $1 per share. This is a characteristic more commonly found in money market funds, which are designed to maintain a stable NAV and provide liquidity for investors.
The NAV of an equity fund fluctuates based on the performance of its underlying investments, primarily stocks, which are influenced by market movements and economic conditions.
In summary, equity funds are riskier investment vehicles that primarily invest in stocks and respond to economic changes. They may hold a small percentage of assets in money market securities, but they do not have fixed NAVs nor check-writing features.
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A member of the public files a public complaint against a security guard; stating that the security guard used profanity and abusive language towards them. What could the complaint lead to for the security guard?
The complaint could lead to disciplinary action or termination for the security guard.
Using profanity and abusive language towards a member of the public is a serious offense and a violation of the security guard's code of conduct. Such behavior could result in disciplinary action, up to and including termination of employment.
The security guard's employer would likely investigate the complaint, including interviewing the complainant and any witnesses, reviewing any available video footage or audio recordings, and interviewing the security guard. If the complaint is found to be true, the security guard could face consequences, which may vary depending on the severity of the incident and any previous disciplinary actions.
In addition to losing their job, the security guard could face difficulty finding future employment in the security industry if the complaint results in a formal disciplinary action.
Therefore, it is important for security guards to maintain a professional demeanor and adhere to their employer's code of conduct at all times.
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Sources useful for task analyses are performance appraisals, skill tests, individual assessment tests, records of critical incidents, assessment center exercises, questionnaires and surveys, job knowledge tools, and internet input.TrueFalse
Sources such as performance appraisals, skill tests, individual assessment tests, records of critical incidents, assessment center exercises, questionnaires and surveys, job knowledge tools, and internet input can be useful for conducting a task analysis.
The statement is True.
These sources can provide information about the knowledge, skills, abilities, and other characteristics required to perform a job or task effectively. Performance appraisals can provide information about an employee's strengths and weaknesses, while skill tests and individual assessment tests can help to identify specific skills or abilities that are necessary for the job. Records of critical incidents and assessment center exercises can provide examples of actual job performance, while questionnaires and surveys can elicit feedback from employees or other stakeholders about the job requirements.
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The channel strategy demonstrated when a greeting card company sells its cards through self-standing racks in drugstores and also online is referred to as __________.
a strategic channel alliance
multichannel distribution
parallel distribution
dual distribution
multibrand distribution
Multichannel distribution is the channel approach used by a greeting card firm when it sells its cards both online and through free-standing racks in pharmacies. Option 2 is Correct.
A company employing many distribution channels is referred to as multi-channel distribution. Distribution via several channels is becoming more prevalent. For instance, a high street store may now send products directly to customers utilising e-commerce as well as maybe direct mail catalogues.
Through a seamless fusion of brick-and-mortar retail, e-commerce, and sales and marketing functions, a multichannel distribution strategy's flexibility and agility enable firms to reach a wider client base, get access to underserved market segments, and increase their geographical reach. Option 2 is Correct.
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Correct Question:
The channel strategy demonstrated when a greeting card company sells its cards through self-standing racks in drugstores and also online is referred to as __________.
1. a strategic channel alliance
2. multichannel distribution
3. parallel distribution
4. dual distribution
5. multibrand distribution
Economies of scale and of scope are important in medical care. Consider the following data on a hospital producing the two services. This hospital's cost structure exhibits First Q1 10 20 30 40 good Cost 50 100 160 240 Second Q2 10 20 30 40 good Cost 60 130 200 280 Q1 10 20 30 40 Both Q2 10 20 30 40 Cost 120 240 380 540 A) scope economies but no scale economies. B) neither scope, nor scale economies. C) none of the others. D) scale economies but no scope economies. E) both scope and scale economies.
This hospital's cost structure exhibits A) scope economies but no scale economies.
What does the provided data convey?
The cost data shows that the hospital experiences increasing costs as it produces more of either good individually (e.g. producing 20 units of either good costs more than producing 10 units). However, when the hospital produces both goods at the same time, the cost increase is not as steep (e.g. producing 20 units of both goods costs less than producing 20 units of either good individually).
This pattern suggests that the hospital is experiencing scope economies, as the joint production of both goods is resulting in cost savings compared to producing them individually. However, there is no evidence of scale economies, as increasing the overall quantity produced does not result in lower average costs.
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T/F? The general economic influences would include inflation, political upheavals, monetary policy, and fiscal policy initiatives.
The given statement “The general economic influences would include inflation, political upheavals, monetary policy, and fiscal policy initiatives” is true.
General economic influences can include factors such as inflation, political upheavals, monetary policy decisions made by central banks, and fiscal policy initiatives implemented by governments.
These factors can have a significant impact on the overall health and performance of an economy, affecting variables such as employment, consumer spending, investment, and overall economic growth. It's important for policymakers, businesses, and individuals to be aware of these influences and consider them when making decisions that may be impacted by economic conditions.
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If nominal GDP is $520 billion and the velocity of circulation is 2.5, what is the size of the money supply? Provide answer to one decimal point.
If nominal GDP is $520 billion and the velocity of circulation is 2.5 the size of the money supply is $208 billion.
To find the size of the money supply, we can use the quantity equation:MV = PYwhere M is the money supply, V is the velocity of circulation, P is the price level, and Y is real GDP.Assuming a constant velocity of circulation and real GDP, we can rearrange the equation to solve for M:M = PY/VGiven that nominal GDP (PY) is $520 billion and the velocity of circulation (V) is 2.5, we have:M = $520 billion / 2.5 = $208 billion (rounded to one decimal point)Therefore, the size of the money supply is $208 billion.
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Maria has been invited back to speak at her high school by her swimming coach. Maria won a gold medal in the Olympics for swimming and her coach
would like for her to talk about setting goals and how to set bigger goals than what high school student might think are possible. What type of speech is
this considered?
Answer:
Explanation:
inspirational
after listening to the episode, why were the partnerships and related party transactions such a conflict of interest? group of answer choices the partnerships had been run and partly owned by a chief executive of enron, allowing this senior executive to make a profit for himself and his partners at the expense of his employer and its shareholders. partnerships doing business with enron were not involved in the energy industry. the media helped enron executives conceal the partnerships and related party transactions by not writing about them.
Before losses at Enron were disclosed to the public, senior executives had been covertly selling off their stock. Insider trading is the term for this activity.
How does insider trading work?Insider trading, in general, refers to the trading of stock or other securities of a publicly traded company when the trader possesses significant, insider information about the company that is not generally known to the public.
In many nations, it is illegal to conduct certain kinds of business transactions while in possession of sensitive information.
To sum up, senior Enron executives had been secretly selling their stock holdings before the company disclosed its losses. This type of conduct is known as insider trading.
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