Policymakers in the pre-Great Depression era believed that recessions required both expansionary fiscal and contractionary monetary policies. They were uncertain about the cause of business cycles and did not rely solely on fiscal or monetary policies.
Prior to the Great Depression, policymakers thought that dealing with recessions needed a mix of expansionary fiscal policy (increased government expenditure and lower taxes) and contractionary monetary policy. (increasing interest rates and decreasing the money supply). Because there was no distinct explanation about what caused economic cycles, policymakers were unsure of what steps to take.
To handle economic booms and busts, they did not depend exclusively on fiscal or monetary measures. Instead, policymakers used a mix of both to combat the recession's negative impacts on production and jobs. The use of monetary strategies to handle economic downturns was not opposed by policymakers.
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tb mc qu. 05-108 (algo) a company reports... a company reports the following information: month units sold total cost january 990 $ 5,540 february 1,890 $ 7,080 march 2,580 $ 9,000 april 690 $ 3,330 using the high-low method, the estimated total fixed cost is:
A business discloses the following data: January cost per month, total units sold: 990 $ 5,540 March 2,580 $ 9,000 February 1,890 $ April 690 $ 3,330. The estimated total fixed cost is $846.
To use high low method, we need to identify the highest and lowest activity levels and their corresponding costs.
Highest activity level: 2,580 units sold in march with a total cost of $ 9,000.
Lowest activity level: 690 units sold in April with a total cost of $ 3,330
Using these value, we can calculate the variable cost per unit:
Variable cost per unit=(Total cost at Highest activity level-Total cost at Lowest activity level)/(Highest activity level-Lowest activity level)
Variable cost per unit=($ 9,000-$ 3,330)/(2,580-690)=$3.60
To calculate the total fixed cost, we can use either the highest or lowest activity level and their corresponding total costs:
Total fixed costs=Total cost-(Variable cost per unit*Number of units)
Using the highest levels:
Total fixed costs=$ 9,000-($3.60*2580)=$ 9,000-$ 9,288=-$288
Using the Lowest levels:
Total fixed costs=$ 3,330-($3.60*690)=$ 3,330-$ 2,484=$846
Since the negative fixed cost doesn't make sense, we can conclude that the estimated total fixed costs using high low method is $846.
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maxxie purchased a tract of land for $29,500. today, the same land is worth $45,100. how many years have passed if the price of the land has increased at an annual rate of 5.7 percent?
If the price of land has increased at an annual rate of 5.7 percent, then 7.6575 years have passed.
The total cost of borrowing the money is determined by a percentage of the loan's principal using an annual percentage, or APR. The APR on a credit or loan card is meant to provide a precise picture of how much it costs to borrow more money. The yearly rate of return is determined by dividing the overall gain or loss at the end of the year by the initial investment made at the start of the year. The annual rate of return or nominal annual rate are other names for this approach. The amount of interest you would be paying per month is known as a monthly interest rate.
[2ND] [CLR TVN]-29500 [PV]45100 [FV]5.7 [I/Y][CPT] [N] =7.6575 YEARS.
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campbell soup stock currently sells for $99.58 per share and is expected to pay a year-end dividend of $2.89. if campbell's constant growth rate is 2.36%, calculate the expected rate of return.
To calculate the expected rate of return for Campbell Soup's stock, we need to use the dividend discount model.
This model calculates the present value of all future expected dividends and capital gains. Using the formula, the expected rate of return for Campbell Soup's stock can be calculated as follows: Expected Rate of Return = (Expected Year-End Dividend / Stock Price) + Expected Growth Rate
Substituting the given values, we get: Expected Rate of Return = ($2.89 / $99.58) + 2.36% = 5.46% Therefore, based on the information provided, the expected rate of return for Campbell Soup's stock is 5.46%. This means that an investor can expect to earn a return of 5.46% on their investment in Campbell Soup's stock, consisting of dividends and capital gains.
However, it is important to note that this is just an estimate based on certain assumptions, such as the expected growth rate remaining constant. Investors should also consider other factors, such as market conditions and the company's financial performance, before making investment decisions.
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which of the following issues is a potential disadvantage of online ads even though the cost per viewer for online ads can be cheaper than conventional tv commercials? question 21 options: advertising fraud due to scammers and bots limited color palettes inability to overlay text on images lack of sound content-licensing headaches
Advertising fraud due to scammers and bots is a potential disadvantage of online ads even though the cost per viewer for online ads can be cheaper than conventional TV commercials. Option A is correct.
Online advertising fraud occurs when scammers use bots or other automated tools to generate fake impressions or clicks on online ads, making it appear as though the ad is receiving more traffic than it actually is. This can lead to wasted advertising spend, as well as a loss of trust in the effectiveness of online advertising.
While there are other potential disadvantages of online ads, such as limited color palettes or content-licensing headaches, advertising fraud is a particularly significant issue that can undermine the ROI of online advertising campaigns.
Hence, A. is the correct option.
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--The given question is incomplete, the complete question is
"Which of the following issues is a potential disadvantage of online ads even though the cost per viewer for online ads can be cheaper than conventional tv commercials? A) advertising fraud due to scammers and bots B) limited color palettes inability to overlay text on images C) lack of sound content-licensing headaches."--
a company's history indicates that 25% of its sales are for cash and the rest are on credit. collections on credit sales are 25% in the month of the sale, 40% in the month after the sale, 20% in the second month after the sale and 15% is uncollectible. projected sales for december, january, and february are $67,000, $92,000 and $102,000, respectively. the february expected cash receipts from current and prior credit sales is:
If collections on credit sales are 25% in the month of the sale, 40% in the month after the sale, the february expected cash receipts from current and prior credit sales is $62,225
To calculate the expected cash receipts from current and prior credit sales in February, we need to determine the portion of each month's credit sales that will be collected in February.
For December's credit sales of $16,750 (i.e., $67,000 x 75%), the expected collections in February would be:
25% collected in December = $4,188
40% collected in January = $6,700
20% collected in February = $3,350
15% uncollectible = $2,513
Therefore, the expected cash receipts in February from December's credit sales would be $11,225 ($4,188 + $6,700 + $3,350 - $2,513).
For January's credit sales of $69,000 (i.e., $92,000 x 75%), the expected collections in February would be:
25% collected in January = $17,250
40% collected in February = $27,600
20% collected in March = $13,800
15% uncollectible = $10,350
Therefore, the expected cash receipts in February from January's credit sales would be $27,450 ($17,250 + $27,600 + $13,800 - $10,350).
Finally, for February's credit sales of $76,500 (i.e., $102,000 x 75%), the expected collections in February would be:
25% collected in February = $19,125
40% collected in March = $30,600
20% collected in April = $15,300
15% uncollectible = $11,475
Therefore, the expected cash receipts in February from February's credit sales would be $23,550 ($19,125 + $30,600 + $15,300 - $11,475).
Adding up the expected cash receipts from all three months, we get a total of $62,225 ($11,225 + $27,450 + $23,550) in expected cash receipts from current and prior credit sales in February.
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. improvements in technology. 2. increases in the supply (stock) of capital goods. 3. purchases of expanding output. 4. obtaining the optimal combination of goods, each at least-cost production. 5. increases in the quantity and quality of natural resources. 6. increases in the quantity and quality of human resources. which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?
Items 1, 2, 3, 5, and 6 on the list could potentially move an economy from a point inside its production possibilities curve to a point on its production possibilities curve by increasing the economy's productive capacity.
A production possibilities curve (PPC) depicts the utmost output that can be created given the available resources and technology. If the economy is presently functioning below the PPC, boosting productive capacity can shift it to a point on the curve.
This can be accomplished through technological advancements, increases in the supply of capital products, purchases of growing production, increase in the quantity and quality of natural resources, and increases in the quantity and quality of human resources. These modifications may result in improved productivity and efficiency, enabling the economy to create more output and move to a point on the PPC.
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In the last pay period, Joana paid $201.60 in total taxes on their gross earnings of $1120. What percentage of their gross income do they pay in taxes?
The percentage of gross income that was paid in taxes by Joana was 18 % of gross income.
How to find the percentage of gross income?To find the percentage of Joana's gross income that she paid in taxes, we can use the following formula:
Percentage of income paid in taxes = (Total taxes paid / Gross income) x 100%
Plugging in the given values, we get:
Percentage of income paid in taxes = (201.60 / 1120) x 100%
Percentage of income paid in taxes = 0.18 x 100%
Percentage of income paid in taxes = 18%
Therefore, Joana paid 18% of her gross income in taxes during the last pay period.
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accounting is an information and measurement system that identifies, records, and communicates an organization's business activities. true false
An organization's business activities can be identified, recorded, measured, and communicated using an accounting system. True
The data is utilized to assess the organization's position and financial performance in order to make wise business decisions. In order to guarantee that the financial information presented is accurate, dependable, and pertinent, accounting entails the use of established concepts and standards.
The system has procedures for compiling financial statements, tracking transactions, and studying financial information. Accounting is crucial to corporate management because it offers crucial data for planning, budgeting, and decision-making. It would be difficult to successfully manage a business's financial resources without accounting.
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in terms of business cycles, lockdowns and restrictions associated with the covid-19 pandemic could be thought of as: a. negative supply shock b. negative demand shock c. negative supply and demand shock at the same time d. positive supply shock e. positive demand shock f. positive supply and demand shock at the same time
In terms of business cycles, lockdowns and restrictions associated with the COVID-19 pandemic could be thought of as a negative supply shock. The correct option is (a) negative supply shock.
What is a supply shock?A supply shock is an unexpected event that disrupts the supply of goods and services in an economy. These shocks can have a variety of causes, including natural disasters, political unrest, and changes in the availability of key inputs like oil or raw materials.
The COVID-19 pandemic and associated lockdowns and restrictions have had a significant impact on the supply of goods and services in many countries around the world.
By forcing businesses to close, disrupting supply chains, and reducing the availability of key inputs like labor, these measures have created a negative supply shock that has had a significant impact on the global economy.
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is a task on which a subsequent (following) task depends in a project schedule. a.precedence relations b.predecessor c.precedence constrains d.successor
A predecessor is a task on which a subsequent task depends in a project schedule, and is typically identified through the use of precedence relations or precedence constraints. The correct answer is A
Identifying and managing predecessors is a critical aspect of project scheduling, as it helps to ensure that tasks are performed in the correct sequence and dependencies are properly accounted for.A task on which a subsequent task depends in a project schedule is referred to as a predecessor.
Predecessors are an important aspect of project scheduling and help to establish the order and dependencies of tasks in a project.Predecessors are typically identified through the use of precedence relations or precedence constraints. Precedence relations are logical relationships between tasks that define the order in which tasks must be performed.
These relationships can be represented using symbols such as arrows or lines on a project network diagram.Precedence constraints, on the other hand, are specific rules or limitations that must be followed in order to maintain the logical relationships between tasks.
These constraints can include requirements such as waiting for a specific event to occur before beginning a task, or completing a task within a certain timeframe in order to avoid delaying subsequent tasks. The correct answer is A
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the commercial practices shown in the images emerged in order to responses facilitate the development of regional trade networks by creating uniform currencies and systems of credit. facilitate the development of regional trade networks by creating uniform currencies and systems of credit. finance imperial conquests by supplying credit and currency for purchasing weapons.
The commercial practices depicted in the images were developed to enable (A) "growing trade in luxury goods by providing greater access to credit and currency", as indicated by the Latin text in the upper left-hand corner warning against greed.
During the Renaissance period, there was a significant increase in trade and commerce, particularly in luxury goods such as textiles, spices, and artwork. The availability of credit and currency facilitated this trade, allowing merchants to invest in ventures and expand their businesses. This led to the creation of banking systems, bills of exchange, and other financial practices that made commerce more accessible to a wider range of people.
However, the pursuit of wealth also led to greed and corruption, as reflected in the warning against greed in the upper left-hand corner of the image. Overall, the emergence of these commercial practices had a profound impact on the economy and society during the Renaissance period.
Option A holds true.
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a single timebox during which specific agreed upon deliverables will be constructed and then demonstrated to the stakeholders is referred to as a(n) . a. user story b. release c. value stream target d. iteration or sprint e. nmnm
"The single timebox during which specific agreed upon deliverables will be constructed and demonstrated to stakeholders is referred to as an iteration or sprint." Option D is correct.
An iteration or sprint is a time-boxed period, usually lasting 1-4 weeks, in which a team of developers works to complete a specific set of features or user stories. The team plans the work they will accomplish during the sprint in advance and then collaborates daily to make progress towards their goals.
At the end of the sprint, the team demonstrates their completed work to stakeholders, gathering feedback and insights for the next iteration. This process allows teams to work in a structured, predictable manner, and ensures that progress is regularly reviewed and validated by stakeholders.
Option D holds true.
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why is frito-lay considering the purchase of cracker jack? (2) what might a swot analysis for cracker jack look like based on an assessment of the ready-to-eat caramel popcorn category? (3) what are the implications for frito-lay?
Frito-Lay may be considering the purchase of Cracker Jack because it would provide them with a new product line in the ready-to-eat caramel popcorn category, which is a growing and profitable segment of the snack food industry.
Cracker Jack has a strong brand name and loyal customer base, which could help Frito-Lay expand its market share in this category. A SWOT analysis for Cracker Jack based on an assessment of the ready-to-eat caramel popcorn category might look like this:
Strengths:
Established brand name and loyal customer base
Unique product with a strong flavor profile
Established distribution network
Weaknesses:
Limited product line compared to competitors
Limited geographical reach
Dependence on a single product
Opportunities:
Growing demand for healthy snack options
Expansion of product line into other snack categories
Increased marketing and advertising efforts
Threats:
Increased competition in the ready-to-eat caramel popcorn category
Changing consumer preferences and tastes
Regulatory changes affecting the snack food industry
The implications for Frito-Lay would be that they could leverage their existing resources, distribution network, and marketing expertise to grow Cracker Jack's market share in the ready-to-eat caramel popcorn category. However, they would also need to address the weaknesses and threats identified in the SWOT analysis to ensure the long-term success of the acquisition.
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Carrie is creating a personal balance sheet. the heading includes the period of time that the balance sheet represents. which could be the heading of carrie’s balance sheet? a. carrie’s balance sheet (january 1, 2021) b. carrie’s balance sheet (january)c. carrie’s balance sheet (friday, january 3) d. carrie’s balance sheet (january 2011 â€" january 2021)
Carrie's Balance Sheet (January 1, 2021) serves as the most appropriate heading for Carrie's income statement because it includes the specific date which the balance sheet reflects (January 1, 2021).
(d) can not be the most appropriate heading
a. Carrie's Balance Sheet (January 1, 2021) is the most appropriate heading for Carrie's balance sheet as it includes the specific date (January 1, 2021) that the balance sheet represents. This provides clarity and accuracy regarding the period of time the balance sheet covers.
b. Carrie's Balance Sheet (January) would not be as specific as (a) as it only includes the month (January) without specifying the year.
c. Carrie's Balance Sheet (Friday, January 3) includes the day of the week (Friday) along with the date (January 3), which may not be necessary information for a balance sheet heading.
d. Carrie's Balance Sheet (January 2011 - January 2021) would imply that the balance sheet represents a period of 10 years, which may be too broad for a personal balance sheet. Personal balance sheets typically represent a snapshot of an individual's financial position at a specific point in time rather than a range of years.
Therefore, (d) may not be the most appropriate heading for a personal balance sheet. So, option (a) is the most suitable heading for Carrie's balance sheet.
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in 1970, 41% of married women were in the labor force, but by 2015, according to the bureau of labor statistics, 56.7% of married women were in the labor force. how has this effected family composition? choose the answer below which best answers this question. select the correct answer below: two earner house holds have increased. single parent house holds have increased. high income dual earner incomes have increased. all of the above.
Sixty-three percent of moms in married couple households and nearly three-quarters of mothers in single parent families are employed (73.2 percent).
Thus,the correct option is all of the above
In India's metropolitan areas, roughly 4 in 10 women and 1 in 10 males in their early 20s were married in 2019–20. 9 out of 10 married males and just about 1 in 10 married women both worked for a living. In light of the upcoming worldwide women's day on March 8, these statistics are depressing.
In other terms, the population's participation rate is the proportion of people who are either employed or actively looking for work.
The formula for calculating the labour force participation rate is (Labor Force Civilian Noninstitutional Population) x 100.
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select all that apply changes to which of the following lead to the multiplier effect? multiple select question. consumption growth in national savings government spending wages and income net exports investment
The two multiple options are both fully correct because they have a multiplicative effect on government spending and consumer spending.
What does the market's multiplier effect mean?An exogenous increase in demand's impact on the country's income and output is known as the multiplier effect. Think about the situation where investment demand increases by one. Then, businesses produce to satisfy this demand. An increase in national income is indicated by an increase in the national product.
Some multiplier effects simply result from metric analysis when two numbers are compared. In other instances, corporate governance or public policy are the causes of the multiplier effect.
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Changes to which of the following lead to the multiplier effect?
a. growth in national savings
b. net exports
c. consumption
d. wages and income
select all that apply the lowest rate of unemployment compatible with price stability, variously estimated at between 4 and 6%, is . multiple select question. inflation-adjusted unemployment full employment natural rate of unemployment gdp employment
That all apply the lowest rate of unemployment compatible with price stability, variously estimated at between 4 and 6%, are Inflation-adjusted unemployment, Full employment, and Natural rate of unemployment.
The natural rate of unemployment (NRU) refers to the level of unemployment that occurs when the labor market is in a state of equilibrium, with the economy operating at its potential output level. This means that all available resources, including labor, are being utilized efficiently, and there is no cyclical unemployment caused by fluctuations in the business cycle.
Estimating the NRU is challenging, as it can vary over time and across countries depending on factors such as demographics, technology, and institutional factors like labor market regulations. However, it is an important concept for policymakers to consider when making decisions about monetary and fiscal policy, as it provides a benchmark for assessing whether the economy is operating at full capacity or is experiencing imbalances that may require intervention.
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a taxpayer gave a gift of land worth $90,000 to a cousin. the land's original cost to the taxpayer was $30,000. as a result of the transfer, the taxpayer paid a gift tax of $12,000. assuming an annual gift exclusion of $15,000, what is the cousin's basis in the land?
The cousin's basis in the land is $30,000, which is the original cost to the taxpayer, as the gift tax paid does not affect the basis.
The cousin's basis in the land is equal to the taxpayer's basis at the time of the gift, which is $30,000. The gift tax paid by the taxpayer is not relevant to the cousin's basis calculation.
The taxpayer is required to file a gift tax return to report the gift since it exceeded the annual gift exclusion of $15,000. However, the taxpayer does not owe any gift tax on the transfer because it is below the lifetime gift tax exemption amount, which was $11.7 million in 2021.
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what activities are being pursued by each of the following firms? what tradeoffs are they making? is their strategy successful? a. collins kitchen (this is actually hostess) b. betsy baking (this is really little debbie) c. ontario baking
Collins Cuisine (actually, this is Hostess) Their largest expense is outbound transportation, followed by manufacturing.
They concentrated on outbound logistics rather than core of to increase customers' willingness to spend. Because they are only earning a penny in profit, their strategy is ineffective.
b: Pastry by Betsy (this is really Little Debbie) Outbound logistics is also one of their largest expenses, but compared to Collins, their logistics costs were half as high. They are able to maintain low prices by keeping expenses down, which reduces the need for marketing while increasing customer willingness to pay. Because they increased their market share from 1% to 20% over the course of five years, their approach has been effective.
c. However, by investing more in marketing, Ontario Baking Logistics is able to charge more for their pastries because the consumers may be brand loyal or knowledgeable about it. Their approach is paying off; they are turning a profit.
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mo just paid back a loan from his cousin by giving his cousin $13500. it was a 10-year loan using 8% simple interest. how much did mo borrow 10 years ago? question 17 options: a) 12420
Mo recently returned a debt from his cousin by sending him $13,500. It was an 8% simple interest loan with a 10-year term. Mo borrowed $1516.85, 10 years ago.
Lenders make money when you take out a loan by charging interest. Or to put it another way, interest is the cost of borrowing loan from a bank. You are thus required to repay the debt in full plus the amount you borrowed plus the interest. Interest is the fee you pay to borrow money or the fee you charge to lend money. The most typical way to represent interest is as a yearly percentage of the loan amount. The interest rate on the mortgage is known as this percentage.
We know that Mo paid back a loan of $13500 after 10 years at a loan of $13500 after of 89%. We can use this information to find the Principal amount:
Simple interest= Principal * rate* time
13500=Principal * 0.89* 10
Principal= 13500/8.9
Principal= 1516.85
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the difference between a revenue or cost item in the planning budget and the same item in the flexible budget at the actual level of activity is a(n) blank variance. multiple choice question. revenue activity spending
The difference between a revenue or cost item in the planning budget and the same item in the flexible budget at the actual level of activity is a(n) spending variance.
A spending variance refers to the difference between the amount of money that was budgeted for a certain expense category and the amount of money that was actually spent. This variance can be either positive or negative, and it can indicate either over- or under-spending in a particular category.
ExampleSuppose a company budgeted $5,000 for office supplies in the current quarter, but the actual amount spent was $5,500. This would represent a negative spending variance of $500. If, on the other hand, the company had only spent $4,500 on office supplies, that would represent a positive spending variance of $500.
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if mr. jones wanted to invest 3,000,000 yen in the japanese stock market, how many dollars would he need if the exchange rate was $1 for 150 yen?if mr. jones wanted to invest 3,000,000 yen in the japanese stock market, how many dollars would he need if the exchange rate was $1 for 150 yen?$25000$150$20000$30000
If Mr. Jones wanted to invest 3,000,000 yen in the Japanese stock market, he would need $20,000 if the exchange rate was $1 for 150 yen. So, the correct option is $20,000.
To convert yen to dollars, we can use the exchange rate of $1 for 150 yen. This means that for every $1, Mr. Jones can get 150 yen.
So, we can calculate the amount of dollars Mr. Jones needs to invest by dividing the yen amount by the exchange rate in yen per dollar: $3,000,000 yen / 150 yen/dollar = $20,000. Therefore, Mr. Jones would need $20,000 to invest 3,000,000 yen in the Japanese stock market if the exchange rate was $1 for 150 yen.
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employees without formally defined power positions exercise significant personal power within an organization by creating a sense of
Employees without formal power positions can exercise significant personal power in an organization by creating a sense of influence or credibility among their colleagues.
This personal power is often based on their expertise, knowledge, and personal charisma, and it can be just as influential as the formal power that comes with a job title or position. By gaining the respect and trust of their coworkers, these individuals can influence decisions and outcomes in the workplace.
For example, a senior salesperson who has been with the company for many years may not hold a formal management position but may still have significant influence within the sales team due to their experience and expertise.
Similarly, an employee who is particularly skilled at building relationships with clients may be able to influence decisions and outcomes related to customer service and retention, even if they do not hold a formal leadership position.
In essence, personal power is derived from an employee's ability to influence others through their personal attributes, rather than their position or authority within the organization.
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your employer contributes $95 at the end of each week to your retirement account. the account will earn a weekly interest rate of .22 percent. how much will the account be worth when you retire in 30 years?
Therefore, the retirement account will be worth approximately $139.17 when you retire in 30 years.
Assuming that the $95 weekly contributions remain constant over 30 years, the future value of the retirement account can be calculated using the formula for compound interest:
FV = PV x (1 + r)^n
where FV is the future value, PV is the present value (initial balance), r is the weekly interest rate, and n is the number of weeks (in this case, 30 years x 52 weeks per year = 1,560 weeks).
Plugging in the given values, we get:
PV = 0 (assuming no initial balance)
r = 0.22% = 0.0022 (as a decimal)
n = 1,560 weeks
FV = $95 x (1 + 0.0022)^1560
FV = $95 x 1.463
FV = $139.17
Therefore, the retirement account will be worth approximately $139.17 when you retire in 30 years.
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the government decides to impose a per-unit tax on the bottle industry to help cover revenue shortfalls in the annual budget. in this case, the burden of the per-unit tax is
The burden of the per-unit tax on the bottle industry will be shared by both the producers and the consumers.
When the government puts a per-unit tax on the bottle business, the producers' expense of making each unit of bottles rises. As a consequence, producers will be required to pay the tax straight to the government, raising their manufacturing costs.
In reaction, manufacturers may choose to raise the price of their goods in order to keep profit margins, or they may choose to decrease their supply of bottles in order to escape paying the tax. If manufacturers raise the price of their bottles, the tax load will be passed on to customers in part or entirely, based on the price elasticity of demand for bottles.
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tanya wants to give her daughter 25,000 in 8 years to start to her own business. how much should tanya invest today at an annual interest rate of 8%
Tanya should invest $14,551.78 today at an annual interest rate of 8% to give her daughter $25,000 in 8 years.
To calculate how much Tanya should invest today, we can use the future value formula for compound interest;
Future value = Present value x [tex](1+ interest rate)^{time}[/tex]
where; Present value is the amount Tanya needs to invest today
Interest rate is the annual interest rate of 8%
Time is the number of years, which is 8 years in this case
Future value is the amount Tanya wants her daughter to have in 8 years, which is $25,000
So we can plug in the values we know and solve for the present value:
$25,000 = Present value x (1 + 0.08)^8
$25,000 = Present value x 1.717
Present value = $25,000 / 1.717
Present value = $14,551.78
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a professional futures trader who buys and sells futures for his own account throughout the day but typically closes out his positions at the end of the day is called a:
The professional futures trader you described is commonly known as a Day Trader
A futures contract is an agreement between two parties to buy or sell an asset at a predetermined price and date in the future. Futures traders buy and sell these contracts with the intention of making a profit from price fluctuations.
A day trader is a type of futures trader who buys and sells contracts within the same trading day, with the goal of making profits from short-term price movements. Day traders typically use technical analysis tools and chart patterns to identify potential trades and set stop-loss and take-profit levels.
By closing out all their positions at the end of the trading day, day traders avoid the risks associated with holding positions overnight, such as unexpected news events or market gaps that can result in significant losses.
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HELP ASAP. WILL GIVE BRAINLIEST
after decreasing nominal GDP & real GDP, what would the next step for the federal reserve bank?
A. Observe how inflation is a factor.
B. Force banks to set the interest rate at 0%
C. Force consumers to buy more products
The Federal Reserve Bank would normally monitor inflation after lowering both nominal and real GDP. This is so because the Federal Reserve Bank's monetary policy focuses primarily on reducing inflation.
How does the Fed keep inflation in check?The Federal Reserve wants to affect interest rates in order to curb inflation. The Federal Reserve normally boosts interest rates to slow the economy and lower inflation when it is out of control.
Which of the following, if significant enough, would result in a decline in real GDP and a recession?Response and justification the right response is a rise in interest rates that lowers overall demand.
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erps are useful to auditors for which of the following reasons? multiple choice erps are required by the sarbanes-oxley act of 2002. erps track details regarding creation, modification, and use of transactions throughout the organization in a single system. erps are spread across multiple logical databases, allowing auditors to minimize disruption to processing when reviewing erp activity. erps use cloud computing technology, which allows auditors to review transactions from anywhere.
ERPs track the details of the creation, revision, and use of deals within the association in one system. This is variant C.
Enterprise Resource Planning( ERP) is a software system that helps you manage your entire business by supporting robotization and processes in finance, mortal coffers, manufacturing, force chain force, services, copping ,etc.
As the name suggests, the main idea of ERP is to manage the company's colorful coffers so that they're used in a cost-effective manner. It should also be assured that all coffers are used efficiently.
Question
ERP is useful to adjudicators for which of the following reasons?
a) The ERP uses pall-calculating technology that allows adjudicators to view deals from anywhere.
b) ERPs are distributed across numerous logical databases, which makes it possible
c) verifier to minimize processing interruptions when vindicating ERP conditioning.
d) ERP lines track the details of creation, revision, and operation
deals across the enterprise in one system.
e) ERPs are commanded by the Sarbanes- Oxley Act of 2002.
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the full-employment level of output is $1000 above the current level of output. how much should the government change taxes in order for the new equilibrium to be equal to the full-employment level of output?
In order to achieve full-employment level of output, the government needs to take certain measures such as changing taxes.
In this scenario, if the full-employment level of output is $1000 above the current level of output, then the government needs to increase taxes in order to reduce aggregate demand and bring the economy towards the full-employment level.
The increase in taxes will reduce disposable income, which will lead to a reduction in consumption spending. This reduction in consumption spending will ultimately reduce the aggregate demand in the economy. The reduction in aggregate demand will cause a decrease in the level of output until it reaches the full-employment level of output.
However, the extent of the tax increase required to achieve the full-employment level of output cannot be determined without knowing the slope of the aggregate demand curve. If the aggregate demand curve is steep, then a small tax increase will have a significant impact on aggregate demand, and the government may not need to increase taxes by a large amount. Conversely, if the aggregate demand curve is flat, then the government may need to increase taxes by a large amount to achieve the full-employment level of output.
In conclusion, the government needs to increase taxes to reduce aggregate demand and achieve the full-employment level of output. However, the extent of the tax increase required depends on the slope of the aggregate demand curve.
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