Cynthia have a remedy that "Cynthia can cancel the contract with Juan and recover in full what she paid for the shirts, as well as sue for damages since she suffered a loss directly related to the non-delivery."
What circumstances allow someone to break a contract?A selling agreement may be terminated under several circumstances.
Fraudulent RemarksDuressVersus ContractAgreementIt is always possible for one party to a contract to decide to discharge the other from their responsibilities. Each party to a contract that can be terminated by agreement agrees to waive any claims to an agreed-upon benefit and makes a pledge not to take the other person to court for breach of contract.
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yasmin co. can further process product b to produce product c. product b is currently selling for $33 per pound and costs $27 per pound to produce. product c would sell for $56 per pound and would require an additional cost of $23 per pound to produce. the differential cost of producing product c is
The differential cost of producing product c is 31 dollars.
Differential cost refers to the difference among the price of opportunity decisions. The value occurs while a business faces numerous similar options, and a choice need to be made with the aid of selecting one choice and losing the other.
The word "dollar" is the English shape of "thaler", a German word which means "individual or element from the valley". The "thaler" was the name given to the primary minted coins from silver mines again in 1519 in Joachimsthal, Bohemia, consequently, the united states's foreign money unit is named after them.
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which of the following statements is an example of an economic trend? a.the federal reserve announces that it will decrease the interest rate charged to banks. b.congress passes legislation that increases the tax rate on corporations. c.the european union declares an increase in tariffs on all agricultural goods. d.a new computer chip is developed that will allow for miniaturization of many electronic devices.
An example of an economic trend is when the Federal Reserve announces that it will decrease the interest rate charged to banks. The Option A is correct.
What is an economic trend?An economic trend refers to an indicator that shows how a region or country is doing financially.
It can be thought of as a pattern. In most contexts, an economic trends are formed and interpreted from sets of economic data. For example, if someone plotted the stock price at four o'clock every day for three weeks, the dots would create a pattern, or a trend and there would be fifteen dots on the chart.
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21. Under the Code, a copy of an offer to purchase must be given to the buyer:
a. promptly¸ but not later than 24 hours after the buyer signed the offer.
b. as soon as convenient for the REALTOR®.
c. upon the buyer signing the offer.
d. after the offer has been accepted by the seller.
22. The Code requires that REALTORS®' advertising clearly identify:
a. the member's professional status or status as a REALTOR®.
b. the member's license number.
c. the name of the property owner.
d. none of the above.
23. The Preamble to the Code:
a. can be the basis for disciplinary action against a REALTOR®.
b. establishes ideals which all REALTORS® should strive to meet.
c. A and B.
d. neither A nor B.
24. Articles of the Code of Ethics are broad statements of ethical principles and the Standards of Practice support, interpret and amplify the respective Articles.
a. True
b. False
25. A "general" mailing to all homes in an area:
a. is always unethical.
b. is not unethical even if the mailing reaches owners whose property is exclusively listed with other brokers.
c. is unethical if there is a "for sale" sign on the lawn.
d. is unethical if the property owner is on the "Do Not Call" registery.
Under the Code, a copy of an offer to purchase must be given to the buyer: c. upon the buyer signing the offer.
. The Code requires that REALTORS®' advertising clearly identify: b. the member's license number.
The Preamble to the Code: b. establishes ideals which all REALTORS® should strive to meet.
What is REALTORs code of ethics?In this real estate industry, honest, customer-protecting, and legal behaviors are referred regarded as having real estate ethics. Study the significance of and broad principles governing ethical standards in real estate, as well as the code of ethics, violations, and sanctions for violators.
Note that every REALTOR professional's obligations are outlined in depth in their Code of Ethics. Never be reluctant to get a copy of the Code, which includes the Standards of Practice, from a REALTOR®.
Therefore, the Code gives you the peace of mind that the person you are working with has your best interests at heart. There are seventeen Articles in the Code of Ethics, along with corresponding Standards of Practice.
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Which of the following is a Web application that enables Internet users to communicate with each other, although not in real time?
O Mobile messaging
O Online forum
O SMS mess ing
O VoIP software refers to the
software that enables a computer to deliver Web pages written in HTML to client computers on a network that requests this service by sending an HTTP request. * *
O Web browser
O Web client
O Web application
O Web server
A device attached to the Internet that is capable of making HTTP requests and displaying HTML pages is referred to as a O web browser
1. Online forum is a Web application that enables Internet users to communicate with each other, although not in real time.
What is a Online forum?
A online forum is a virtual space where people can gather to discuss topics, ask questions, and share information. In a online forum, users can post messages, photos, videos, and other materials, and other forum members can respond to these posts. Online forums are often hosted on websites, and can be open to the public or private.
Hence, Option B is correct.
2. Web server enables a computer to deliver Web pages written in HTML to client computers on a network that requests this service by sending an HTTP request.
What is a Web server?
A web server is a computer system that stores, processes and delivers web pages to users across the Internet. It is responsible for delivering web content, such as HTML documents, images, and other files that are requested by the user’s web browser. Web servers use HTTP (Hypertext Transfer Protocol) to communicate with the user’s web browser.
Hence, Option D is correct.
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Which of the following issues arises when the decision to distribute income is being made?
a. How much should be distributed to stockholders?
b. Should the distribution be made as cash dividends or share repurchases?
c. Should the funds paid out from year to year be stable and dependable, or be allowed to vary with the firm's cash flows and investment requirements?
d. All of the above are issues that need to be considered when a firm is making its dividend policy decision.
e. None of these—these are all extraneous to the decision
All of the above are issues that need to be considered when a firm is making its dividend policy decision.
The dividend policy model developed by John Lintner theorizes how a publicly traded corporation determines its dividend policy. The reasoning behind this is that even when results for a given period are below expectations, every corporation wishes to maintain a steady rate of dividend. Investors are assumed to favor receiving a specific dividend payout.
According to the model, dividends are paid based on two variables. The first factor is the net present value of the earnings; larger numbers suggest higher dividends. The sustainability of earnings is the second factor. A company may increase its profits without also boosting dividend payments up until managers are confident that it will be able to sustain those profits.
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consider the factors of production that go into a fast food restaurant. indicate if each of the following is an example of land, labor, or capital.
The stoves and other cooking equipment : capital The person who cleans the restaurant: labor The tables and chairs for customers: capital The plot of land on which the restaurant is built are the factor of production.
Explain about the factor of production.
The inputs required to generate commodities and services are referred to as factors of production in economics. Land, labour, capital, and entrepreneurship are the contributing variables. The four components include the materials needed to produce a thing or service, as determined by a nation's gross domestic output (GDP).
The effort that people put forth when they produce a thing or a service is referred to as labour as a factor of production. An author publishing a book or an artist creating a painting are two examples. All work done for a financial incentive qualifies as labour, including both physical and mental effort. Human capital, which is defined by an individual's abilities, training, education, and productivity, also influences the value of labour.
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alesha is looking for her first job as a marketing manager for a retailing company. when a recruiter asks her whether she has the technical skills for the job, what is he referring to? multiple choice question.
Alesha is looking for her first job as a marketing manager for a retailing company. When a recruiter asks her whether she has the technical skills for the job, he referring to job-specific knowledge for the position in retailing
What are technical skills?Technical skills are the specialized knowledge and competence needed to carry out certain activities and utilise specific tools and programs in real-world scenarios. In practically every profession and industry, from IT and business administration to health care and education, a wide range of technical abilities are needed.
Why are technical skills important?Technical expertise is crucial because it positions your staff and company for success. A top-notch LMS to give this crucial training is critical to this success. The good news is that using an LMS and online training can help you save money on employee training expenses.
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Which of the following comparisons best isolates the impact that changes in operating efficiency have on
performance
A . flexible budget and actual results
B . static planning budget and flexible budge
C . static planning budget and actual results
D. master budget and static planning budge
The right answer is A. Comparisons between flexible budgets and actual results are the most effective in separating the effects of changing operating efficiency on performance.
Describe a budget:You can determine how much you may spend each month by creating a written budget. By establishing a budget, you can make sure you have enough money each month.You can run out of funds before your next payday if you don't have a budget. How much income you make is shown by your budget.
What kind of budgets are there?A government's budget is a summary or projection of its anticipated revenues (although not always from levies) and expenditures. The operations or operating budget, the investment or development budget, and indeed the cash or liquidity budget are the three different types of budgets used by governments.
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which of the following is an inherent weakness of advertising? group of answer choices e. can easily lead to promotion wars c. high absolute costs b. difficult to get media cooperation d. easily duplicated a. extremely high expense per exposure
Advertising intrinsic flaw is its high absolute expenses.
What difficulties does advertising face?Every business owner wants to have compelling content in their advertisements because it is the main problem that most advertisers confront.
What flaw does display advertising have?The disadvantages of display advertising include: Lower click-through rate (CTR): Search advertising often have a higher CTR than display ads. Lower conversions, such as sales and registrations, are a result of a lower CTR.
What are the advantages and disadvantages of advertising theory?Unlike the strong theory, which holds that advertisements can alter people's knowledge, the weak theory holds that advertisements can only advance knowledge and cannot persuade those whose ideas conflict with those of the commercial.
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suppose you are buying your first condo for $394,800, and you will make a 15% down payment.you have arranged to finance the remainder with a 30-year, monthly payment, amortizedmortgage at a 5.28% nominal interest rate, with the first payment due in one month. what willyour monthly payments be?compute the amortization statement over the 30-year period.at what time point will the principal payment exceed the cost of monthly interest on the loan?after 11 years, you decide to sell the property. at that time, what will be the balance owed on theloan?
Your monthly payments will be $1,927.78 as per the given data.
The amortization schedule would be as follows:
Month Beginning Balance Interest Payment Principal Payment Ending Balance
1 $394,800 $1,539.50 $388.28 $394,412.72
2 $394,412.72 $1,537.17 $390.61 $393,022.11
3 $393,022.11 $1,534.83 $392.95 $392,629.16
4 $392,629.16 $1,532.49 $395.29 $392,233.87
5 $392,233.87 $1,530.15 $397.63 $391,836.24
6 $391,836.24 $1,527.81 $399.97 $391,436.27
7 $391,436.27 $1,525.47 $402.31 $391,033.96
Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a loan, amortization focuses on spreading out loan payments over time. When applied to an asset, amortization is similar to depreciation.
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rick and theresa are trying to qualify for a mortgage on a house for which the total monthly payment (piti) would be $1,545.15. they earn a combined annual income of $66,000. they have two car loans. the first carries a monthly payment of $205 and has 2 years and 4 months left to go. the second has 9 months left to go, and the monthly payment is $375. they have student loan payments of $114 per month, and the minimum monthly payments on their credit cards total $50.do they pass the 28% test? do they pass the 36% test?
Since, the every year Debt fee is greater than the eligible amount. Hence, they fail the 36% test.
The required details about debt fee is mentioned below:
- 28% rule states that a most of 28% of the gross annual earnings may be spent on overall housing associated Expenses.
Monthly fee of Housing loan = $ 1545.15
Yearly Payment of Housing loan = $ 1545.15*12
= $18,541.8
Combined Annual Income = $66,000
Amount eligible on Housing loan = $66,000*28%
= $ 18,480
Since, the every year loan fee is greater than the eligible amount. Hence, they fail the 28% test.
- 36% rule states that a most of 36% of the gross annual earnings may be spent on overall debt associated Expenses consisting of Housing mortgage fee, vehicle mortgage fee or pupil mortgage fee etc.
Yearly fee of two vehicle mortgage = ($205*12 months) + ($375*nine months)
= $ 5835
Note- Since, the secod vehicle mortgage is left for nine months best, fee for nine months will best be considered)
Year Student mortgage fee = $114*12 = $1368
Yearly Credit card fee = $ 500*12 = $6000
Total Annual debt fee = $ 18541.8 + $5835 + $1368 + $ 6000
= $ 31,744.8
Combined Annual Income = $66,000
Amount eligible onTotal Annual debt fee = $66,000*36%
= $ 23,760
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consider the following information: sales: $950,000 interest expense: 40,000 variable costs: 270,000 taxes: 84,000 fixed costs: 400,000 if sales increase by 7%, what should be the increase in earnings per share?
2.83 should be the increase in earnings per share.
What are earnings?The net advantages of a firm's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.
The information provided is
$950,000 in interest costs
A variable cost of 40,000:
270,000 taxes:
84,000 in fixed expenses would climb to 400,000
If sales rose by 7%.
the formula provided will be
DCL= Sales- VC / EBIT - I
Revenue before interest and tax (EBIT) Sales + VC + FC Equals EBIT.
DCL now makes use of Sales-VC/EBIT-I.
( which is the interest). EBIT- I is therefore denominated as
= 950,000-270,000-400,000-40,000.
The increase of 0.07 is equal to 0.1983 or
= 19.83%
(950,000-270,000) / (950,000-270,000-400,000-40,000)
= 2.83
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In Texas, which officer in the plural executive is not elected by voters?
a. The secretary of state
b. The attorney general
c. The comptroller
d. The lieutenant governor
e. The commissioner of agriculture
The secretary of state in the multiple executive branch of Texas is not chosen by the people. The correct response is option (a).
What is a plural executive?Texas has a "plural executive," which means that the governor's authority is constrained and shared among a number of other government officials. In other words, the Texas Executive Branch is not the sole responsibility of a single elected politician in the state.
The Texas Constitution names the Secretary of State as one of the six state officials that make up the Executive Department of the State. The Governor appoints the Secretary, who is then confirmed by the Senate and works at the Governor's pleasure. Stephen F. was the Republic of Texas's first Secretary.
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gloria company had no beginning work in process inventory. during the period, 16,000 units were completed and transferred out, and there were 1,200 units ending work in process inventory. how many units were started into production during the period?
Gloria's business enterprise had no beginning paintings in procedure stock. throughout the period, 16,000 units were completed and transferred out, and there have been 1, 200 devices finishing work in procedure stock. 17,2 00
units finished+devices of finishing paintings
(16,000+1,2 00)
Each procedure might also have its own materials, labor, and overhead expenses. All such fees are accounted for to compute the cost of outputs of the system. as a result direct substances, direct hard work, and overhead fees, all are accounted for and are fee elements in a technique fee gadget.
Different examples of duration fees encompass marketing charges, hire (no longer at once tied to a manufacturing facility), workplace depreciation, and oblique exertions. also, the interest price on an agency's debt could be labeled as a period cost.
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kendra has been working for harmon electronics as a quality-control inspector for three years. she learns that a coworker with less experience and less time with the company is earning more than she is. what role does kendra's coworker fulfill, according to the equity theory?
According to the equity theory comparison with other people, Kendra's coworker plays the position that is indicated.
What is equity theory?Equity theory focuses on determinative whether or not the distribution of resources is honest to each relative partners. Equity is measured by examination the magnitude relation of contributions (or costs) to advantages (or rewards) for every person. thought-about one amongst the justice theories, equity theory was 1st developed within the Sixties by J. Stacy Adams, a work and activity scientist, United Nations agency declared that staff look for to take care of equity between the inputs that they carry to employment and therefore the outcomes that they receive from it compared to the perceived inputs and outcomes of others. consistent with Equity Theory, so as to maximise individuals' rewards, we have a tendency to tend to make systems wherever resources may be fairly divided amongst members of a bunch.
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kenneth is admired as a manager because of his ability to work well with others to get things done. which type of skill is kenneth displaying? multiple choice question.
Kenneth's ability to work well with others to complete tasks has earned him respect as a manager. Kenneth is demonstrating human skill.
What is skill?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a predetermined window of time or energy, or both. There are two basic types of skills: domain-general and domain-specific abilities. For instance, in the field of work, generic skills like time management, teamwork and leadership, self-motivation, and others are useful in all jobs, whereas domain-specific abilities are only applicable to a certain position. Specific contextual triggers and scenarios are often needed to assess the level of competence being demonstrated and utilized. A skill is referred to as an art when it exemplifies a body of knowledge or a particular subject of study, such as the art of war or the art of medicine.
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explain how an increase in the price level affects the real value of money.
Money may purchase fewer products and services as prices grow. Therefore, we refer to a decrease in its purchasing power. In contrast, as prices drop, more may be purchased with a given amount of money, which is known as an increase in purchasing power.
Why Does the Price Level Change?A country's population has access to more money for purchases when the amount of money in circulation is increased (for instance, by printing new notes), which increases demand for products and services and raises prices.
In contrast, if there is less money available, fewer things may be purchased, and prices tend to drop. Once more, the price level tends to decrease and to rise in response to changes in the supply of products and services.
Therefore, there won't often be any change in the price level if the supply of money increases by 25% and the supply of products and services increases by the same 25%.
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which type of bond guarantees that the principal will uphold the oath of office and faithfully perform the duties of that office?
Public Official Bond type of bond guarantees that the principal will uphold the oath of office and faithfully perform the duties of that office.
What are POA and a bond?
The power of attorney demonstrates that the person signing the bond is an authorised agent of the surety business and assures the oblige that the surety company will bear full responsibility for any legitimate bond claims.
What occurs to a bond when its owner passes away?
If there is only one individual listed as the bond's owner and that person has passed away, the bond belongs to their estate. If a bond has two names on it and both of them have passed away, the bond belongs to the estate of the person who passed away last.
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which tyope of tax analytics provides insight by creating a trend analysis for sales and use tax paid
Insight is gained from diagnostic tax analytics by developing a trend analysis for sales and use tax paid.
Data analytics called diagnostic analytics helps you understand why something happened in the past by building on descriptive analytics. Root cause analysis is a common name for diagnostic analysis. It involves techniques like drill through and drills down as well as data mining.
In diagnostic analytics, data mining, drill-down, correlations, and data discovery are often utilized techniques. During the discovery phase, analysts look for the data sources that will help them analyze the results. Drilling down is the process of concentrating on a specific feature of the data or widget.
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an initial amount of is invested in an account at an interest rate of per year, compounded continuously. find the amount in the account after three years. round your answer to the nearest cent.
an initial amount of is invested in an account at an interest rate of per year the amount in the account after three years. would be $1408.
What is interest rate and also explain the above answer.
A(t) = P*e^(rt), A(2) = 1300*e^(0.04*2) = 1300*1.0833 = $1408.27
The amount that a lender charges a borrower for the use of assets on top of the principle is known as the interest rate.The money generated from a deposit account at a bank or credit union is likewise subject to an interest rate.Simple interest is used in most mortgages. Compound interest, which is applied to both the principle and the accrued interest from earlier periods, is used in some loans, nevertheless.The interest rate will be lower for a borrower that the lender deems to be low risk. The interest rate on a loan will be greater if it is thought to be high risk.The interest rate on savings accounts and certificates of deposit that is earned at a bank or credit union is known as the annual percentage yield (APY). Compound interest is used in savings accounts and CDs.To learn more about interest rate
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Which of the following would not be reported on the balance sheet as a cash equivalent?
a. A money market fund.
b. Six-month Treasury bill.
c. 60-day certificate of deposit.
d. Money market-saving certificate.
Of the following that will not be reported on the balance sheet as cash equivalents is Restricted cash. Restricted cash is not part of which will be reported on the balance sheet as cash equivalents.
Restricted cash is that part of cash that is set aside for specific purposes and is not available for immediate general business use. This cash is usually kept in a special account (eg an escrow account) so that it is kept separate from other business cash and its equivalent.
In a broader sense, it is that portion of money that a business entity has but cannot use immediately. Instead, that portion of the cash is subject to special restrictions, such as being earmarked for future use or a waiting period. It may represent the amount of cash on its way to the business or cash stored before spending. Such type of cash is not available for current use. It is not considered part of the liquidity source and is excluded in calculating various liquidity ratios.
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fabulous finds, a large home decorating company with stores located nationwide, wants to collect cash from its customers quickly but pay out cash to its suppliers slowly. how might fabulous finds succeed in accomplishing this goal?
Any item that is typically accepted as payment for goods and services as well as the repayment of debts in a specific nation or socioeconomic setting is considered to be money.
What is money?Money is a trade good accepted by general consent as a medium of economic conversation. It is the medium in which prices and values are expressed. It flows from person to person and country to country,
Making trade, and it is the debt measure of wealth. Money is any good that is widely used and accepted in written accounts involving the transfer of goods and divine service from one person to another.
A store of value, a unit of account, a medium of exchange, and occasionally a standard of deferred payment are the four main purposes of money.
Therefore, Debts in a specific nation or socioeconomic setting is considered to be money.
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If the market price is $1,100, the combined totalcost of all participating sellers is
The prices and quantities that would take place in a market with perfect competition are those that are socially efficient. This occurs at price B and quantity Y, when marginal cost equals demand.
A market's overall surplus serves as a gauge for the general well-being of all members. Combined consumer and producer surplus make up this amount. Consumer surplus is the gap between what customers are prepared to pay and what they actually pay for a good. Total surplus in a market is the sum of production surplus and consumer surplus. The total area under the demand curve and above the price serves as a proxy for the total surplus in a market. The producer's total gain (or producer surplus) is shown as the area of the triangle between P(i) and the supply curve when the producer's total cost (the triangle under the supply curve) is subtracted from his total income (the rectangle).
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A difference in quantity of materials used on two comparable jobs may be caused by Oa. poor quality materials Ob. inadequately trained employees Oc. employee carelessness Od. All of these choices are correct.
Previous question
A difference in quantity of materials used on two comparable jobs may be caused by d. All of these choices are correct.
A material quantity variance is the discrepancy between the quantity of materials actually utilized and the quantity anticipated to be used throughout the production process. The measurement is used to assess how well a manufacturing process transforms raw inputs into final commodities.
A material quantity variance is typically caused by one or more of the following:
Poor raw materials quality
incorrect material stipulations
raw resources becoming obsolete
Transport damage to the business
Damage sustained while being transferred or stored inside the business
Damage sustained during manufacture
improper training of employees
inadequate materials for packaging
incorrect standards for materials
Hence, the variance is caused by all of the given.
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Which is the best measure of economic growth of a country? A. National Income B. Net National Produce C. Gross Capittal Formation D. Gross Domestic Product
The most accurate measure of the economy is the (D) gross domestic product (GDP).
What is Gross Domestic Product?Compared to gross national product (GNP), which is primarily used to comprehend the total income of a country's citizens within a specific time period, gross domestic product (GDP) is a more relevant indicator of the economy.
The contribution of each industry or sector to the overall GDP can also be quantified.
The per capita GDP of a region is calculated as the GDP divided by the total population.
GDP is frequently used as a benchmark for cross-national comparisons and as a general indicator of economic development.
The "world's most powerful statistical indicator of national development and progress," as the saying goes.
Therefore, the most accurate measure of the economy is the (D) gross domestic product (GDP).
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a committee was organized at ibm to study the company's hiring, promotion, and compensation policies. the group will review corporate procedures in these areas for the next six months and disband thereafter. this type of committee is referred to as a(n) .
To study the company's hiring, promotion, and compensation policies. The group will review corporate procedures in these areas for the next six months and disband thereafter. This type of committee is referred to as Ad hoc committees.
Ad hoc committees are established for a particular time and to address a specific issue. The council also often creates committees to monitor sanctions and other mandatory measures.
In hiring organization, overall process of identifying, screening, shortlisting and interviewing candidates for the right and deserved jobs within an organization.
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Which of the following is a tax imposed by the government on imported goods to protect local industries, support the country's balance of payments, or raise revenue?a. Feeb. Import dutyc. Tariffd. Federal tax
Tariffs and tariff barriers make up the taxes on Imported goods. Each product is given an HTS code, and based on the nation of origin, this code defines the amount of obligation that must be paid on the goods. What are imported goods?
Importing things entails bringing anything into the country from another, where it must first clear customs. Authorities in charge of customs control import trade.
What caused imported goods to cost higher than domestic ones? People lose track of what items should cost in an environment of high inflation, which enables merchants to raise their profits. Costs for shipping can increase. VAT tacks on a 21% premium. The cost of financing your purchase and shipment is higher.
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Which of the following is used in economic analysis?
A. Gross Domestic Product
B. Surveys
C. Labour cost
D. Diffusion Indexes
The parameter used for economic analysis is the Gross Domestic Product, hence option A is correct.
What is Gross Domestic Product?The market value of all the finished goods and services that nations produce and sell in a given time period is measured in dollars by their gross domestic product.
This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature.
This economic indicator measures how much money is spent on various goods.
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Which of the following is true of the balance sheet presentation of the Allowance for Bad Debts?
(A.) It is reported as a current liability.
(B.) It is reported as an operating expense.
(C.) It is reported as a separate, independent line item under current assets.
(D.) It is shown as a contra account related to accounts receivable.
Option D- It is shown as a contra account related to accounts receivable is true of the balance sheet presentation of the Allowance for Bad Debts.
Resources, loans, and owner's equity are all represented on a firm's balance sheet, a type of financial statement. One of the three primary financial statements used to assess a business is the balance sheet. It provides an overview of the assets and obligations of an organization as of the date of publication. A balance sheet will give you a concise summary of the firm ’s financial position at quarter or year-end—and give you details about how much cash or liabilities your organisation has. Bad debts include those that are not permanently receivable and are carried off as losses or expenses. Lending institutions and expenditures bought on credit, for instance, fall under the category of bad debt.
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The effect of reduced transportation and communication costson economic development
1. Which innovative products contributed to a huge reduction in transportation and communication costs in the 1950s? Check all that apply.
The refracting telescope
A steam-operated engine
The standardized steel container
The jet engine
2.Which of the following accurately describe the effect of the reductions in transportation and communication costs? Check all that apply.
Adoption of economic policies more consistent with growth and development
Increasing trade barriers to protect domestic producers
A virtuous cycle of development that accelerates the growth rate of per capita
Exponential population growth that will reduce income to the subsistence level
Since the 1950s, there have been significant advancements in transportation technology, and the advent of commercial aircraft has practically shrunk the size of the world.
Transport refers to the transportation of goods, people, and animals between locations. In other terms, a specific movement of an organism or object from point A to point B is referred to as a transport behaviour.
Air, land, sea, cable, pipelines, and space are all forms of transportation. Infrastructure, vehicles, and operations make up this category. Trade between nations is made possible via transportation, which is vital to the advancement of civilisation. Protecting property rights and upholding contracts; giving tax incentives and patents to businesses that engage in health and scientific research and development.
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