American express and discover card are examples of open loop systems.
a. True
b. False
The chart shows the pricing history for two items. Which person saved the most money by buying a product at the right time?
Answer:
Marlene, who waited six months to buy a phone
D
Explanation:
Using the aggregate demand curve and the inflation adjustment line, describe what would happen to real gdp and inflation in the short run, in the medium run, and in the long run if the government increased spending permanently. assume that the economy was initially at potential output before the increase. be sure to provide an economic explanation for your results.
If the government increases spending permanently, it would have an impact on real GDP and inflation in the short run, medium run, and long run and would impact the aggregate demand curve and the inflation adjustment line.
Short Run:
In the short run, the increase in government spending would lead to a shift in the aggregate demand (AD) curve to the right. This shift would result in higher real GDP due to increased government expenditure. As a result, there would be an increase in output and employment levels. However, in the short run, the increase in aggregate demand may exceed the economy's capacity to produce, causing inflationary pressures. This is because the increase in spending leads to higher demand for goods and services, potentially pushing prices upward.
Medium Run:
In the medium run, the economy would adjust to the increased government spending. As prices begin to rise due to the initial increase in aggregate demand, firms may increase production to meet the higher demand and take advantage of the increased profitability. This increased production could result in higher real GDP. However, as the economy approaches potential output, the positive output gap (the difference between actual output and potential output) starts to close. This closure of the output gap reduces the pressure on prices, mitigating the inflationary impact. In the medium run, real GDP may remain relatively higher, while inflationary pressures start to moderate.
Long Run:
In the long run, the increase in government spending may have further implications. As the economy approaches its potential output level, the output returns to its natural level, and any temporary inflationary pressures dissipate. In the long run, the increase in government spending may lead to an upward shift in the potential output (production capacity) of the economy if the spending is allocated to productive investments such as infrastructure development or human capital formation. If the government spending is unsustainable or does not contribute to long-term growth, it may not have a lasting impact on potential output.
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A commercial bank sells a treasury bond to the federal reserve for $100,000. (assume that all proceeds from this bond sale are lent out) the money supply: is unaffected by the transaction. increases by $100,000. decreases by $100,000.
When a commercial bank sells a treasury bond to the Federal Reserve amounting to $100,000, the money supply increases by $100,000. In this case, the commercial bank who sold the treasury bond with cash will be able to increase the economy’s money supply because there is an exchange of bond and cash between the bank and the Federal Reserve.
_____ is a sales practice that involves building, maintaining, and enhancing interactions with customers in order to develop long-term satisfaction through mutually beneficial partnerships.
a. price-based selling
b. adaptive selling
c. relationship selling
d. stimulus-response selling
Morgan corporation uses estimated direct labor hours of 200 comma 700 and estimated manufacturing overhead costs of $ 920 comma 500 in establishing manufacturing overhead rates. actual manufacturing overhead was $ 970 comma 100, and allocated manufacturing overhead was $ 1 comma 013 comma 000. what was the number of actual direct hours worked? (round intermediary calculations to the nearest cent and the final answer to the nearest dollar.)
Given:
Estimated direct labor hours of 200,700 hrs
Estimated manufacturing overhead costs of $920,500
Actual manufacturing overhead costs of $970,100
Allocated manufacturing overhead is $1,013,000
Find the number of actual direct hours worked in Morgan Corporation?
Determine first the overhead allocation rate by dividing the estimated overhead costs to the estimated direct labor hours: $920,500/200,700 hrs = $4.586 à round to nearest cent $4.60
Next is divide the allocated manufacturing overhead to the overhead allocation rate: $1,013,000/$4.60 = 220,217.39 à round the answer to 220,217
The actual number of direct hours worked is 220,217 hours.
The better-watered volcanic islands, where the economy is based on agriculture, are known as:
a.high islands.
b.low islands.
c.melanesian islands.
d. micronesian islands.
The state tax Patrick must pay on the initial profit is .
Answer:
The state tax Patrick must pay on the initial profit is $346.25.
The federal tax he must pay on the initial profit is $1,731.25.
The inflation on the amount remaining after taxes is $145.43.
As a result, the real value of Patrick's profit in whole dollars is $4,702.
Explanation:
cause yes
A firm that is very concerned about increases in market share should adopt a ______________ pricing objective. (points : 1.92) profit-oriented sales-oriented nonprice competition status quo target return
List the steps of the decision making process with the first step on top
Making sound decisions is a skill that must be honed. It is not something we are born with, but rather a step-by-step process that is usually learned via life experience.
Write about a good Decision-making process?When making a decision, there are numerous steps that can be done; however, when making smart decisions, only five processes must be considered. These are the actions to take:
Step 1: Determine Your Goal
Step 2: Collect Data for Evaluating Your Options
Step 3: Think About the Consequences
Step 4: Make a Choice
Step 5: Assess Your Choice
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The fact that participating in an internet auction means that you will need to purchase a computer, learn to use it, and pay for internet access, is an example of ________ costs.
Answer:
Equipment
Explanation:
When establishing a new business, it is important to take into account the cost of equipment. This includes several elements, including the cost of purchasing the equipment itself, as well as the taxes on it, the transportation fees, the insurance that is paid to cover such an item, the assembly, the installation and the maintenance. In short, it includes all the aspects that are considered necessary for the item to work.
if your grandma was preparing to purchase a cell phone what are three things you would encourage her to research before she purchased? where would she find this information?
It has been hypothesized that acheulean tools were commonly used __________.
The capital asset pricing model is used to calculate the effect of increase in prices of capital assets due to inflation.
a. True
b. False
Highland green is a group of luxury hotels that caters exclusively to high-end customers who form a small part of the market. the hotel has incorporated all possible luxuries to satisfy these customers. the marketing approach employed by highland green best exemplifies: mass marketing. niche marketing. the contingency approach. the total-marketing approach. multi-segment marketing.
_____ are responsible for developing operational plans. select one:
a. lower-level managers
b. middle managers
c. board of directors
d. top managers
Which method does not deduct residual value in calculating depreciation expense?
A. Straight-line method
B. Units-of-production method
C.Declining-balance method
D. None of these
E. All of these
Depreciation is described in accounting as the systematic decrease of the recognized cost of a fixed asset until the asset's value is zero or inconsequential.
What is the Double declining balance method?The lowering balance technique, also known as the double-declining balance depreciation (DDB) method, is one of two main methods used by businesses to account for the expense of a long-lived asset.
In contrast to straight-line depreciation, which uses the same amount of depreciation each year over the usable life of an asset, the double declining balance degradation methodology is an accelerated depreciation method that counts as a cost sooner.
Thus, Option D is correct as is Double declining balance method is not given in options.
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Braedon’s employer is requiring his employees to work ten-hour days for the next week, starting on April 10th. In which workplace is Braedon most likely working?
a mortgage company
a credit union
a tax preparation office
an insurance company
Answer: a tax preparation office
The office that experiences the bulk of their work especially on Month of April is the tax preparation office. 'Tax Season' is the time period between January 1 and April 15, in which individuals traditionally prepare the previous year's financial statements and reports. In the United States, the filing of annual tax return should be done by April 15.
A tax preparation office receives these forms/statements in bulk and needs them to be processed within this period also, thus Braedon’s employer required them to work ten-hour days starting April 10th.
Answer:
Tax preparation.
Explanation:
A consulting engineering firm is considering two models of suvs for the company principals. a gm model will have a first cost of $36,000, an operating cost of $4000, and a salvage value of $15,000 after 3 years. a ford model will have a first cost of $32,000, an operating cost of $4100, and also have a $15,000 resale value, but after 4 years. (a) at an interest rate of 12% per year, which model should the consulting firm buy? conduct an annual worth analysis. (b) what are the pw values for each vehicle?
The consulting firm should buy the GM model. The PW for the GM model is approximately $94,458, and the PW for the Ford model is approximately $109,167.
(a) First, calculate the annual worth for each SUV model:
GM model: $36,000 + 4000(A/P, 12%, 3) - 15,000(P/F, 12%, 3) = $36,000 + 4000(2.913) - 15,000(0.711) = $34,652
Ford model: $32,000 + 4100(A/P, 12%, 4) - 15,000(P/F, 12%, 4) = $32,000 + 4100(3.037) - 15,000(0.635) = $40,287
Since the GM model has a lower annual worth, the consulting firm should buy the GM model.
(b) The present worth (PW) values for each vehicle can be calculated using the present worth factor for the interest rate of 12% per year:
GM model: $34,652(P/A, 12%, 3) ≈ $94,458
Ford model: $40,287(P/A, 12%, 4) ≈ $109,167
Hence, the PW for the GM model is approximately $94,458, and the PW for the Ford model is approximately $109,167.
It is believed that gpa (grade point average, based on a four point scale) should have a positive linear relationship with act scores. given below is the technology output for predicting gpa using act scores based a data set of 8 randomly chosen students from a university. what are the decision and conclusion on testing whether there is any linear relationship at 1% level of significance between gpa and act scores?
With only 8 data points, the analysis may not be very robust, and it is always essential to consider the context and limitations of the data when interpreting the results.
To determine whether there is a linear relationship between GPA and ACT scores at the 1% level of significance, you would typically perform a hypothesis test. In this case, you have a data set of 8 randomly chosen students from a university, and you want to test if there is a significant linear relationship between GPA and ACT scores.
The hypothesis test for a linear relationship is typically framed as follows:
Null Hypothesis (H0): There is no linear relationship between GPA and ACT scores.
Alternative Hypothesis (Ha): There is a linear relationship between GPA and ACT scores.
To conduct this hypothesis test, you would use a statistical method like linear regression. Linear regression helps determine whether there is a linear association between two variables and provides insights into the strength and direction of the relationship.
After running the regression, you would examine the p-value associated with the coefficient for the ACT scores. The p-value represents the probability of observing the data if the null hypothesis were true. If the p-value is less than or equal to the significance level (1% in this case), you would reject the null hypothesis and conclude that there is a significant linear relationship between GPA and ACT scores.
The specific decision and conclusion depend on the p-value obtained from the regression analysis. Here are the general steps for making the decision and conclusion:
1. Run the linear regression to predict GPA using ACT scores.
2. Examine the p-value associated with the coefficient for the ACT scores in the regression output.
3. Compare the p-value to the significance level (1%).
4. If the p-value is less than or equal to 0.01 (1%), reject the null hypothesis.
5. Conclude that there is a significant linear relationship between GPA and ACT scores at the 1% level of significance.
6. If the p-value is greater than 0.01 (1%), fail to reject the null hypothesis.
7. Conclude that there is insufficient evidence to suggest a significant linear relationship between GPA and ACT scores at the 1% level of significance.
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A(n) _____ is used by employers to collect information about individuals applying for a job and becomes part of a hired employee’s permanent file.
It is a document used by a person to present their backgrounds and skills. Résumés can be used for a variety of reasons, but most often they are used to secure new employment.
Answer:
Job Application
Explanation:
Edge 2020
You have the right to complain or request a hazard ___from your employer
You have the right to complain or request a hazard correction from your employer.
Further Explanation:
Right to complain or request a hazard from your employer:
You may demand that your name not be uncovered to your employer. You can document a grumbling on OSHA's site, recorded as a hard copy or by phone, to the closest OSHA territory office. You may likewise call the workplace and talk with an OSHA consistence official about a danger, infringement, or the procedure for recording a protest.
you report a hazard in the working environment:
Intense hazard ought to consistently be accounted for promptly to a director, designated Workplace Health and Safety official or delegate.
Risks in the work environment might be accounted for in various ways:
A verbal report to a chief
Finishing a Hazard Report structure
Raising the issue at a workforce gathering
When you record an OSHA objection:
The objection ought to be recorded at the earliest opportunity in the wake of seeing the danger or absence of consistence since OSHA references may just be issued for infringement that presently exist or existed in the previous a half year. Grumblings from laborers or their delegates are paid attention to by OSHA.
Subject: business
Level: college
Keywords: Right to complain or request a hazard from your employer, you report a hazard in the working environment, When you record an OSHA objection.
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You have the right to complain or request a hazard correction from your employer under OSHA.
Further Explanation:
The full form of OSHA is occupational safety and health administration. It is the organization made in the United States of America for the benefits of the employee. The employer has to follow the OSHA rules and regulations. According to OSHA standards, the company has to put safety measures
The main responsibilities of employers have under OSHA is:
To provide safety training to the employee. To take the safety measures in case of hazardous chemicals. To put check that all the tools, equipment and machines are good in use which may not hurt the employees. To provide the safety belts and costume which is risky to the employee. To provide a hygiene environment. So that no one employee gets a fever and any other health problems. To put check on the tools, equipment and machines should be greased properly. To provide proper training regarding the safety measures To give compensation to an employee who maybe got hurt and may be disabled due to the working in the organization. To provide good working conditions.
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Answer details:
Grade: Middle School
Subject: Human Resource Management
Chapter: OSHA
Keywords:
the right to complain, request, hazard correction, main responsibilities, employers, have under, OSHA, occupational safety and health administration, employees, safety measure, hygiene, environment, working.
Which career pathway performs the tasks of rescuing people and giving first aid, writing parking tickets, and catching stray animals?
A) Security and Protective Services
B) Legal Services
C) Corrections Services
D) Emergency and Fire Management Services
The career pathway that performs the tasks of rescuing people and giving first aid, writing parking tickets, and catching stray animals is Emergency and Fire Management Services. The correct option is D.
What is the role of emergency services?People's rescue and lifesaving. property defense and deflationary control. other specialized services, such as flood/water rescue services, being rendered. where the use of equipment and personnel from the fire department is appropriate, to aid people.
Emergency and Fire Management Services is a career pathway that involves a range of tasks related to public safety and emergency response. This career pathway is primarily focused on responding to emergency situations such as fires, natural disasters, accidents, and other incidents that require immediate assistance.
Thus, the ideal selection is option D.
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What type of work is growing fastest in the united
states
Answer:
information-related
Explanation:
What does the CEO of a company do?
CEO refers to the highest position in an organization or company. It's like your president. CEO's are not always the owner of a company especially larger ones. With smaller ones, it's more likely that the CEO will be the owner.
They are basically responsible for all the revenue growth, all the assets and liabilities, and responsible for guiding the company.
The term "junk e-mails" refers to ______________.
a. unsolicited e-mail offers from people you don't know and with whom you have no dealings
b. e-mails that are frivolous, such as jokes passed among colleagues.
c. e-mails that are ostensibly of a business nature but that are ineffective and accomplish no useful purpose.
d. e-mails that have already been red but that have not been deleted and so remain in the system.
7. The way to properly lift an item is:
A) Squat down close to the item with your back arched, knees locked, and stomach muscles relaxed
B) Lift and stand up slowly, keeping your back straight and letting your legs do the lifting.
C) Grip the item loosely with your fingers
D) Stand at a distance from the item on your tiptoes with your heels touching.
The answer is: B) Lift and stand up slowly, keeping your back straight and letting your legs do the lifting.
Failing to control the speed of your lifting and maintaining proper posture could cause you to suffer from muscle strains. In worse case scenario, muscle strains is not only your problem. Since areas that hurt from lifting accidents could be located around your lumbar, it can even damage your ability to walk.
Cyclical unemployment occurs because a workers skills do not match available jobs
asap please if your company introduces a product as a temporary high price and intends to lower the price later, you are using what type of pricing strategy
A. penetration pricing
B. promotional pricing
C. price skimming
D. unit pricing
Bakery a sells bread for $2 per loaf that costs $0.50 per loaf to make. bakery a gives a 70% discount for its bread at the end of the day. what is the salvage value of its bread?
Answer: $0.60
Price per loaf: $2
Discount given for its bread at the end of the day= 70%
Solution:
Salvage value is the estimated resale value of a product at the end of its useful life. Since the useful life of the loaf is 1 day and it was sold at the end of the day at 70% off, the salvage value is
$2 × (1 - 70%)
$0.60.
The salvage value of the bread from Bakery A at the end of the day, following a 70% discount, is $0.10 per loaf. This is calculated by subtracting the cost to make the bread ($0.50) from the discounted selling price ($0.60).
Explanation:The salvage value of the bread from Bakery A can be calculated by subtracting the cost of production from the discounted selling price. The initial selling price of the bread is $2.00, and the cost to make a loaf is $0.50. However, at the end of the day, Bakery A gives a 70% discount on its bread. So, the discounted selling price is now 30% of the initial price, which is $2.00 * 0.30 = $0.60.
Given that the cost to make the bread is $0.50, the salvage value of the bread is the discounted selling price of $0.60 minus the cost to make the bread which is $0.50. So, the salvage value is $0.60 - $0.50 = $0.10.
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