Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when government spending and taxes are equal when the federal government spends more than it collects in taxes in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the government receives more in taxes than it spends in a given time period The federal estate and gift tax O was originally created in 2011. O is paid on certain commodities, such as gasoline or tobacco. O must be paid on even small gifts. is paid on property left as an inheritance when the owner dies. Estate and gift taxes as a percentage of GDP are between 2% and 3%. less than 1% about 20% 0%, since the tax was repealed. O

Answers

Answer 1

A balanced budget is one in which the whole projected revenues and the total planned expenditures are equal in terms of financial planning or budgeting. The public sector (government) budgeting process is where this phrase is most frequently used.

Official government budgets are frequently referred to as having a "balanced budget." Governments might announce in a press release that their budget is balanced for the upcoming fiscal year, or politicians might vow to do so if they win power.

A balanced budget is frequently used in conjunction with the phrase "budget surplus." When revenues are more than expenses, a budget surplus is created, and the surplus amount is the sum of the two. In a business setting, a company can reinvest excess funds back into itself, for example, to cover costs associated with research and development, give them to staff as bonuses, or provide them to shareholders as dividends.

A budget surplus arises in a government setting when tax collections in a fiscal year outpace government spending. Since 1970, the US government has just four times produced a budget surplus. The incident occurred every year in a row between 1998 and 2001.

In contrast, a budget deficit occurs when spending exceed receipts. Due to the necessity of borrowing money to cover expenses, budget shortfalls always result in mounting debt. As an illustration, the national debt of the United States, which as of November 2020 totaled more than $27 trillion, is the product of decades-long budget deficits.

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Related Questions

abra is not feeling challenged in her role and wants to enhance her experiences. she decides to meet with her supervisor to discuss her feelings. how can the supervisor work to ensure that abra is challenged and motivated?

Answers

The supervisor should help Abra explore transfer options within the company. Hence, option (A) will be regarded as suitable.

Give a brief account on employee benefits.

Employee perks and benefits in kind are various forms of non-wage compensation given to employees in addition to their regular earnings or salaries (also known as fringe benefits, perquisites, or perks). Salary packaging or salary exchange arrangements are situations when an employee trades in their earnings for another type of reward. The majority of employee benefits are at least partially taxable in most nations. Housing (employer-paid or provided), group insurance (health, dental, life, etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation, social security, profit sharing, employer contributions to student loans, conveyancing, long service leave, domestic help, and other specialized benefits are a few examples of these benefits.

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The complete question is mentioned below :

Abra is not feeling challenged in her role and wants to enhance her experiences. she decides to meet with her supervisor to discuss her feelings. how can the supervisor work to ensure that abra is challenged and motivated?

A. she should help Abra explore transfer options within the company

B. she should allow Abra to job share her role with her coworker

C. she should lay off Abra so she can explore opportunities outside the company

D. she should demote Abra into a new role within the company

E. she should suspend Abra for complaining about her role

For businesses facing complex and turbulent business environments, which of the following is true?
Goals and objectives that are uncertain prevent opportunism
Traditional strategic controls are usually inappropriate
Complacency about predetermined milestones can prevent adaptability
Detail plans are needed to maintain order

Answers

Turbulence can be best defined as 'unpredictable uncertainty for strategic planning reasons' [3]. When managers lack "confidence that they grasp the key shifts and occurrences in their sectors," environmental uncertainty is said to develop [4].

Implicit limits established by culture promote personal affiliation with the goals of the organization. What occurs when subcultures with ideals that conflict with the organization's mainstream culture start to emerge? People start working against one other's interests and lose sight of the big picture. Layers in a fluid mix together during turbulence through eddies and swirls. The primary causes are two. First, by adding velocities that are perpendicular to the flow, any impediment or sharp corner, like one in a faucet, causes turbulence. Turbulence is brought on the fast speeds, second. Through a business model innovation approach, environmental turbulence (ET) has a favorable impact on firm performance (FP), both directly and indirectly.

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if demand for a product is elastic, which one of the following would be true? a. a decrease in price would increase total revenue. b. an increase in price would be total revenue neutral. c. a decrease in price would decrease total revenue. d. an increase in price would increase total revenue.

Answers

If demand is elastic,(A) a decrease in price will increase total revenue.

If demand is elastic at a given price level, then should a company cut its price, the percentage drop in price will result in an even larger percentage increase in the quantity sold thus raising total revenue.

Elasticity alludes to the adjustment of the purchaser's interest or the provider's capacity to create contingent upon the adjustment of the cost of a product or the pay.

At the point when the interest is versatile, individuals can change or adjust their requests right away. Thus, this truly intends that assuming that the cost of ware will be expanded, individuals won't buy that much on that item. This will then influence the absolute income of the organization. Because of low interest for the item, the absolute income will diminish.

Hence option (A) is correct.

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Which of the pricing orientations discussed in the text does Planet Fitness most closely pursue?

A. profit-oriented.

B. customer-oriented.

C. sales-oriented.

D. premium-oriented.

E. competitor-oriented.

Answers

The pricing orientations discussed in the text does Planet Fitness most closely pursue C. sales-oriented.

What is sales oriented?

Sales orientation refers to a business strategy in which a company focuses on selling its products to potential customers in its target market. Sales teams typically use outbound sales tactics to promote their products and increase sales. Sell-oriented is a business model that focuses on creating the best products and services without considering the wants and needs of the customer. This approach typically uses aggressive outbound sales strategies and marketing promotions to drive sales.

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1. which raw material is purchased most frequently from suppliers in arkansas (ar)? multiple choice 1 malt - barley malt - wheat hops 2. which raw material is purchased most frequently from suppliers in washington? multiple choice 2 malt - wheat malt - barley hops 3. on which day was the most malt - barley purchased from suppliers in minnesota? multiple choice 3 february 21, 2019 december 1, 2019

Answers

Malt-Barley is purchased most frequently from suppliers in arkansas. Therefore, for question 1, first option is the correct answer. Malt-Wheat is purchased most frequently from suppliers in washington. Therefore, for question 2, first option is correct. On 4, Dec, 2019 he most malt - barley were purchased from suppliers in minnesota.

One who supplies goods or services to another organisation is known as a supplier. A supplier's role in a business is to deliver high-quality goods from a manufacturer at a reasonable price to a retailer or distributor for resale.

Suppliers play a critical role throughout the product lifecycle. Companies need to collaborate closely with their suppliers to get the most out of their products, from obtaining raw materials to assisting with production ramp-up to identifying better options for raw materials as the market starts to get saturated.

For the given question, the following answers are as under:

1. Malt-Barley

2. Malt-Wheat

3. 4 Dec, 2019

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which of the following accurately describes the most common treatment of public colleges and universities for purpose of financial reporting? select one: a. general purpose governments engaged in governmental activities b. general purpose governments engaged is business-type activities c. special-purpose governments engaged in business-type activities d. special-purpose governments engaged in governmental activities

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The maximum not unusual place remedy of public schools and universities for reason of monetary reporting is c. special-reason governments engaged in enterprise-kind activities.

The required details for Financial reporting in given paragraph

Financial reporting is the monetary effects of an enterprise which can be launched its stakeholders and the public. This reporting is a key feature of the controller, who can be assisted with the aid of using the investor family members officer if an enterprise is publicly held.

What is Included in Financial Reports?

Financial reporting normally includes the issuance of monetary statements, which encompass the profits assertion, stability sheet, and assertion of coins flows. There can also be accompanying footnote disclosures, which encompass extra element on sure topics, as prescribed with the aid of using the applicable accounting framework. In addition, a enterprise may nation any monetary statistics that it chooses to publish approximately itself on its website. it could additionally difficulty annual reviews to its shareholders.

Finally, it could difficulty a prospectus to ability buyers regarding the issuance of securities with the aid of using the enterprise.

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The maximum not unusual place remedy of public schools and universities for reason of monetary reporting is c. special-reason governments engaged in enterprise-kind activities.

The required details for Financial reporting in given paragraph

Financial reporting is the monetary effects of an enterprise which can be launched its stakeholders and the public. This reporting is a key feature of the controller, who can be assisted with the aid of using the investor family members officer if an enterprise is publicly held.

What is Included in Financial Reports?

Financial reporting normally includes the issuance of monetary statements, which encompass the profits assertion, stability sheet, and assertion of coins flows. There can also be accompanying footnote disclosures, which encompass extra element on sure topics, as prescribed with the aid of using the applicable accounting framework. In addition, a enterprise may nation any monetary statistics that it chooses to publish approximately itself on its website. it could additionally difficulty annual reviews to its shareholders.

Finally, it could difficulty a prospectus to ability buyers regarding the issuance of securities with the aid of using the enterprise.

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general electric is pricing its new food processor thus. year 1: $800, year 2: $600, year 3: $ 500, year 4: $550, year 5: $400 this is price skimming. true or false. briefly explain.

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This statement is true. The given example indicates price skimming. Price skimming actually refers to the strategy of keeping the initial price of a product higher and lowering it over time by the firm.

When a firm introduces a product in the market, it keeps the price of the product higher to see if the product is being successfully demanded and sold to the consumers at this price. When the firm succeeds at meeting the demand of the first set of consumers, it lowers the price of its product in the subsequent stages to attract price-sensitive consumers and to compete with its substitute firms. This strategy is mainly taken by a firm when the demand for its products decreases due to the entrance of competitors who are able to charge lower prices for the same product. Then, the firm is forced to make the price of its product lower over time.

Rate skimming is a rate-putting strategy that a firm can rent when launching a product or service for the first time. By following this rate of skimming technique and shooting more earnings a firm is able to recoup its sunk costs faster, in addition, to profit off of a higher price within the market before new competition enters and lowers the market fee. It has emerged as an exceedingly commonplace practice for managers in new and developing markets, introducing costs high and losing them over the years.

charge skimming is sometimes known as using down the demand curve. The objective of a price skimming method is to capture the consumer surplus early in the product existence cycle on the way to make the most a monopolistic role or the low fee sensitivity of innovators.

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patriot paddleboards sells a paddleboard model that carries a one-year warranty on all included accessories. past experience indicates that 15% of those sold will have defective accessories within a year and that average repair cost is $20 per paddleboard. if 1,000 were sold this year and 50 have already been repaired under warranty, warranty expense for the year would be:

Answers

The warranty expense for the year is $3,000.

What is warranty ?

A warranty is a representation that is not a requirement of the contract or an indefinite term. It is a term that is "not going to the root of the contract" and that only entitles the innocent party to damages in the event that it is broken, meaning that the warranty is false or the defaulting party does not perform the contract in accordance with the warranty's terms. An assurance is not a warranty. It's only a promise. If it is violated, it may be put into effect if damages are granted as a judicial remedy.A contract term is a warranty. A product warranty may apply to a product in a way that a manufacturer offers a warranty to a consumer with whom the manufacturer has no direct contractual relationship, depending on the conditions of the contract.

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for keywords pertaining to academic research, returns more relevant and reliable results than scholar, since scholar is a subsidiary of . true false

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False, for keywords pertaining to academic research, does not  return more relevant and reliable results than scholar, since scholar is a subsidiary of the larger umbrella of.

What is research?Research refers to a systematic process of investigation that involves the collection of data. documenting material information; analyzing and interpreting such data in accordance with appropriate methods established by the particular discipline and discipline; Most studies fall into three different categories:  exploratory, descriptive and causal. Each serves a different end purpose and can only be used in specific ways. Research advances humanity.Driven by curiosity: We are curious, we  ask questions and we dive in to discover everything we want to know. Learning flourishes. Without curiosity and research, progress would stop and life as we know it would be very differentThe purpose of research is to information behavior. Therefore, your research should attempt to place its findings within the larger research area.Research must always be of high quality in order to produce knowledge that can be applied outside  the research environment.

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question:

For keywords pertaining to academic research, returns more relevant and reliable results than Scholar, since Scholar is a subsidiary of the larger umbrella of. true/false

An investment project has annual cash inflows of $4,600, $3,700, $4,900, and $4,100, and a discount rate of 13 percent. What is the discounted payback period for these cash flows if the initial cost is $5,500? What is the discounted payback period for these cash flows if the initial cost is $7,600? What is the discounted payback period for these cash flows if the initial cost is $10,600?

Answers

A. If the initial cost is $5,500, what is the discounted payback period for these cash flows - $5,500 minus $4,070.80 equals $1,429.20 $1,429.20 / $2,897.64 equals 0.49 years of discounted payback time.

B. If the beginning cost is $7,600, what is the discounted payback period for these cash flows-$7,600 - $4,070.80 - $2,897.64 = $631.56

$3,395.95 / $631.56 is equal to a discounted repayment time of 2.19 years.

C. If the original cost is $10,600, what is the discounted payback period for these cash flows-Discounted repayment period: 3.09 years $10,600 - $4,070.80 - $2,897.64 - $3,395.95 = $235.61 $235.61 / $2,514.61 = 0.09

annually average monetary flows reduced cash flows

1 $4,600 = $4,600/1.13 = $4,070.80

2 $3,700 = $3,700/1.13² = $2,897.64

3 $4,900 = $4,900/1.13³ = $3,395.95

4 $4,100 = $4,100/1.13⁴ = $2,514.61

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true or false? the gramm-leach-bliley act (glba) privacy rule requires that consumers have a chance to opt out of certain types of data sharing with nonaffiliated third parties.

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The statement  "Gramm-leach-Bliley act (GLBA) privacy rule requires that consumers have a chance to opt out of certain types of data sharing with nonaffiliated third parties" is true.

Unless an exemption to that right applies, consumers must be given the option to "opt out" of, or stop, a financial institution from sharing nonpublic personal information about them to a nonaffiliated third party. The exclusions are outlined in further detail below and in Sections 13, 14, and 15 of the rules.The Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act (GLBA), is a federal law that was passed in the United States to regulate how financial institutions handle customers' private information.Financial institutions, or businesses that provide consumers with financial goods or services like loans, financial or investment advice, or insurance, are required under the Gramm-Leach-Bliley Act to disclose to its clients how they share customer information and to protect sensitive information.

Thus the answer is true.

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contribution margin focuses on which one of the following? a. the amount of revenue available to cover fixed costs. b. the total variable manufacturing costs. c. how competitive a company is compared to other companies. d. the total revenue expected during the year.

Answers

Contribution margin focuses on the amount of revenue available to cover fixed costs.

According to this option a) is correct answer.

What is the purpose of contribution margin?

The total amount of income left over after variable costs to pay for fixed expenditures and turn a profit for the business is shown by the contribution margin, according to Knight. This might be viewed as the portion of sales that helps to cover fixed expenses.

Contribution margin includes all income, right?

The revenue that remains after deducting the variable expenses associated with manufacturing a good is known as the contribution margin. Contribution margin determines how profitable each product that a business produces and sells is.

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you launched several new marketing campaigns and want to be notified if any of the campaigns lead to over a 10% increase in goal conversions on a given day. which tool in analytics would you use to set up this alert?

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you will use Intelligence Events in analytics  to set up this alert

Analytics is a platform in the Marketing Platform brand that measures and reports website traffic. Analytics is a web analytics tool. After purchasing Urchin, goo-gle launched the service in November 2005.

The most used web analytics service online as of 2019 is  Analytics. The  Analytics for Mobile Apps SDK from Analytics enables the collection of information from iOS and Android apps. Firewalls, browser add-ons, browser extensions, and other tools can all be used to prevent Analytics.

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suppose a salesperson is classifying accounts based on the level of sales potential and strength of relationship (buyer-seller). which common method for classifying accounts is the salesperson using?

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Portfolio analysis is the common method uesd by salespersons for classifying accounts based on the level of sales potential and strength of relationship.

A portfolio of securities is one way to characterise it. These investments frequently consist of stocks—investments in specific companies—bonds—investments in debt with the intention of earning interest—and mutual funds, which are simply collectives of investor funds that are invested by experts or in accordance with indices.

Portfolio analysis is the process of going over or evaluating each component of a company's full portfolio of stocks or goods. The review is carried out in order to carefully analyse risk and reward.

Regular portfolio analysis enables the investor to adjust the portfolio's allocation in response to shifting market conditions and other circumstances.

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the most common approach to managing labor costs is

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A well-trained body of workers enhances productivity and reduces re-work.

Establish a training format for employees that consists of both initial education to ensure they rapidly get up to speed, and ongoing coaching to make certain personnel remain current.

What is a labor price forecasting method?

Labor forecasting is the procedure of watching for how many hours a business will want its employees to work in the future. This helps managers find a stability between overstaffing and understaffing their save or restaurant. Doing so is important due to the fact organizations can avoid needless more costs.

What type of manufacturing approach device has the lowest labor costs?

Mass production also consequences in decrease charges due to the fact the automated meeting line production system requires fewer workers.

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a. an undisclosed principal. b. an implied principal. c. a disclosed principal. d. a partially disclosed principal.

Answers

Implied principal is wrong type of principal as there is no principal called implied principal in types of principal.

The principal is the person who the agent represents. When the agent discloses the name of the principal to the third party, the agent is said to have revealed the principal. If the principal tells the agent not to reveal his or her name to the third party, then the agent must not do so.

In agency law, a disclosed principal is a person who has authorized an agent to enter into contracts on their behalf, but whose identity is disclosed to the other party to the contract. The term is also used in banking, where it refers to a customer who has been disclosed to the bank by their employer.

Hence, the correct option is "D".

The question is incomplete, the complete question is:

Types of principals but which of the following is wrong?

a. Disclosed principal

b. Partially disclosed principal

c. Undisclosed principal

d. Implied principal

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fiscal policies that help an economy in a recession without deliberate actions by policymakers are called:

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Fiscal policies that help an economy in recession without deliberate action by policymakers are:   automatic stabilizer.

What fiscal policy is used during a recession?

Expansionary fiscal policy is best suited when the economy is in recession and below potential GDP. Contractionary fiscal policy lowers aggregate demand, either through reduced government spending or higher taxes.

What is an automatic stabilizer?

An automatic stabilization measure is a type of fiscal policy designed to smooth out fluctuations in a country's economic activity through normal operations without additional timely approval from the government or policymakers. The best-known automatic stabilizers are progressive corporate and income taxes and transfer schemes such as unemployment insurance and social assistance. Automatic stabilization is so called because it has a stabilizing effect on the economy and is automatically triggered without any additional action by the government.

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production of 1,000 units of a pipe-cutting tool required 400 labor hours and 10 setups, consumed 30% of the product sustaining activities, and resulted in an overhead allocation of $15,400. what amount of batch-level overhead cost was expected during the period?

Answers

The  amount of overhead cost was expected during the period is  $270,200.

1,000 units * 10 setups = 10,000 setup labor hours

10,000 labor hours / 400 labor hours per unit = 25 units per setup

25 units per setup * $15,400 overhead allocation = $386,000

$386,000 * 30% = $115,800 product sustaining overhead

$386,000 - $115,800 = $270,200 batch-level overhead

Overhead expenditures include things like rent,business permits, accounting fees, advertising costs, and payroll. While direct costs are directly related to the product or service you provide, such those for raw ingredients or packaging supplies, these prices are often stable.

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a. what is the equilibrium interest rate in moola? percent b. what is the level of investment at the equilibrium interest rate? $ c. is there either a recessionary output gap (negative gdp gap) or an inflationary output gap (positive gdp gap) at the equilibrium interest rate and, if either, what is the amount? of $ d. given money demand, by how much would the moola central bank need to change the money supply to close the output gap?

Answers

In Moola, the quilibrium interest rate is 6% with the level of investment is $40. In this scenario, Moola is having negative output gap of $20. Given the money demand, the Moola central bank needs to increase the money supply by $100. The (expenditure) multiplier in Moola is 2.

Let's discuss each question separately.

a. What is the equilibrium interest rate in Moola?

To find the equilibrium interest rate in Moola, we have to know which scenario has equal money supply and money demand. Based on the table given, we know in the scenario 4 (column 4) the amount of money supply and money demand are both 500. The interest rate in this scenatio is 6%.

The equilibrium interest rate in Moola is 6%.

b. What is the level of investment at the equilibrium interest rate?

Referring to the table given, we know that when the interest rate is 6% the level of investment is $40 (coloumn 4).

The level of investment at the equilibrium interest rate is $40.

c. Is there either a recessionary output gap (negative GDP gap) or an inflationary output gap (positive GDP gap) at the equilibrium interest rate and, if either, what is the amount?

Output gap happens when the actual GDP is not equal to potential GDP. When actual GDP is greater than potential GDP, the economy is experiencing inflation (postive output gap). When actual GDP is less than potential GDP, the economy is experiencing recession (negative output gap).

Referring to the table, on the scenario 4 (coloumn 4), we know that potential GDP is 350 an actual GDP is 330. It shows that potential GDP is greater than actual GDP. Hence Moola is experiencing recession or negative output gap.

The size of the gap is equal to the difference between potential GDP and actual GDP.

GDP Gap = Output GDP - Potential GDP

GDP Gap = 330 - 350

GDP Gap = -20

Moola is experiencing negative output gap of $20.

d.  Given money demand, by how much would the Moola central bank need to change the money supply to close the output gap?

Because the economy is on recession, the Moola central bank needs to encourage people to increase their purchase and spending more money in the market. Hence, the central bank is responsible to increase money supply and decrease the nominal interest rate to meet the required money demand.

The central bank needs to increase the money supply to increase the actual GDP $330 to meet the potential GDP in $350. Based on the table given, we know that when actual GDP is $350 the  money demand is $600. Hence, the central bank needs to increase money supply by $100.

The Moola central bank has to increase money supply by $100.

e. What is the expenditure multiplier in Moola?

We can use the investment expenditure's multiplier formula to answer this question.

Investment expenditure's multiplier = change in actual real GDP  

                                                                  Change in investment

Change in the actual real GDP is referred to the output gap we found before, $20. The change in investment is the different between the level of investment when the interest rate is in equilibrium (6%, $40) and when it is ideal (5%, $50).

Investment expenditure's multiplier = $20/$10 = 2

The multiplier in Moola is 2.

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Complete Question:

Refer to the table for Moola given below to answer the following questions.

(refer to the attached tabel below)

Enter answers as whole numbers

a.  What is the equilibrium interest rate in Moola? ___ percent

b. What is the level of investment at the equilibrium interest rate $___

c. Is there either a recessionary output gap (negative GDP gap) or an inflationary output gap (positive GDP gap) at the equilibrium interest rate and, if either, what is the amount?

Recessionary output or Gap inflationary output gap of $___

d. Given money demand, by how much would the Moola central bank need to change the money supply to close the output gap?

Increase or Decrease the money supply by $___

e. What is the (expenditure) multiplier in Moola?

how many pool cues need to be produced in 2016? a) 22,500 cues b) 22,000 cues c) 20,500 cues d) 19,500 cues

Answers

The total Production required of pool cues sold in the year 2016 is 20500 units.

What is Production?

Land, labor, entrepreneurship, and capital are examples of elements of production, which are the materials required for Production of a good or service.

The richest people in a society are frequently those who own the key production forces. Business owners and investors frequently control the factors of production in a capitalist system. Socialism frequently involves more communal or governmental control of the production's inputs. Early political economists like Adam Smith, David Ricardo, and Karl Marx were the first to recognize the land, labor, and capital as the three main components of production. The two fundamental inputs for processes and earnings still today are capital and labor. A number of indices, including the ISM manufacturing index, can be used to monitor production, such as manufacturing.

Production required = sales + ending inventory - Beginning Inventory

Production required = 20000 + 2500 - 2000 = 20500 units

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two different types of plans are used to manage the system development process. a plan that contains developmental and operational requirements and a schedule of the activities required to develop and operate a new application is called a(n): a. master plan. b. application activities plan. c. strategic plan. d. project development plan.

Answers

Two different types of plans are used to manage the system development process. a plan that contains developmental and operational requirements and a schedule of the activities required to develop and operate a new application is called a project development plan.

The final project plan is created using the project development plan. It entails incorporating each and every plan produced during various processes or phases into the project's final product.

The Work Breakdown Structure (WBS) should be used by the project team while creating the project plan. A work breakdown structure is a way to divide a project up into smaller parts. Below is an example of a WBS:

The purpose of the project plan is to direct project execution, manage the project, specify timelines, content, and costs, and coordinate stakeholder communication.

Project components, planning results, any other information pertinent to the project, and organizational policies make up the project plan development inputs.

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the scale of output that a production facility must operate at to realize all major plant-level scale economies is called the

Answers

The scale of output that a production facility must operate at to realize all major plant-level scale economies is called the minimum efficient scale.

The minimum efficient scale (MES) is the lowest point on a cost curve at which a company can produce its product at a competitive price. At the MES point, the company can achieve the economies of scale necessary for it to compete effectively in its industry.

The minimum efficient scale (MES) is the balance point at which a company can produce goods at a competitive price. The MES is the point on a company's long-run average cost curve where economies of scale have been exhausted, and constant returns have begun. Many factors go into the MES, and each can change with time, forcing a reevaluation of overall costs.

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A firm cannot price discriminate if it
O has perfect information about consumer demand.
O operates in a competitive market.
O faces a downward-sloping demand curve.
O it has declining marginal revenue.

Answers

Option B is correct. A firm cannot price discriminate if it operates in a competitive market.

A competitive market will be market where there are an enormous number of purchasers and merchants where no single purchaser or vender can influence the cost of merchandise being sold. A competitive market can in some cases be called wonderful rivalry. In a serious market, nobody rules the market and there isn't a distinction in quality, cost or amount between the contending organizations and what they offer.

One of the main things to comprehend about competitive market sectors is the way that they are hypothetical and not reality. There are markets that have a portion of the prerequisites and qualities of cutthroat market, or wonderful contest, yet nothing really fits them all.

Economic market structures can be gathered into four classifications:

perfect competition, monopolistic competition, oligopoly, and monopoly.

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you own 20% of hi-tek company stock. the stock sold for $96 per share before a planned 3-for-2 stock split. before the split, there were 320,000 shares outstanding. how many shares of stock will you own after the stock split?

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You possess 96000 shares of Hi-Tek Company, or 20% of it, in accordance with the provided statement.

A standard simple definition is what?

A sort of asset known as a stock represents a small portion of ownership in the company. A share, also known as a minority shareholding, is what you get when you purchase stock in a company. Shares of companies are purchased by traders who anticipate a rise in value. The valuation of company's shares increases as a result.

Briefing:

Calculation of share ownership following Hi-Tek Company's stock split.

No. of shares held = 20% of Company's shares

= 320000 shares * 20%

= 64000 shares

Stock split into 3:2 ratio

So, No. of shares held after split of Hi-tek Company = (64000 shares * 3) / 2

= 96000 shares owned after split

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what are the effects on variable labor cost and on variable labor cost percentage when an operation's sales increase? a. cost of variable labor decreases and variable labor cost percentage increases b. cost of variable labor increases and variable labor cost percentage increases c. cost of variable labor decreases and variable labor cost percentage is unchanged d. cost of variable labor increases and variable labor cost percentage is unchanged

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When the operation's sales increase, the cost of variable labor increases, and the variable labor cost percentage is unchanged. So option d. is correct.

Variable labor costs are costs that increase and decrease with production. One good example of a common variable labor cost is the rate of an hourly employee. Several industries rely on variable labor, especially around the shopping holidays. These include manufacturing companies, restaurants and retailers.

Another example of a varible labor cost might be the cost associated with contract workers who respond to things like equipment malfunctions or emergency repairs.

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The effects on variable labor cost and on variable labor cost percentage when an operation's sales increase is that the cost of variable labor increases and variable labor cost percentage decreases.

Variable labor cost (VLC) is the labor cost that varies as output varies. It varies with the level of production. The variable labor cost per unit of output remains the same as long as the wage rate remains constant. However, when the output increases, the variable labor cost will increase.

The variable labor cost percentage is the variable labor cost as a proportion of sales. It is calculated by dividing the variable labor cost by the total sales. Increase in sales leads to an increase in the numerator of the variable labor cost percentage, but the denominator increases more, resulting in a decrease in the variable labor cost percentage.

Therefore, when an operation's sales increase, the cost of variable labor increases and variable labor cost percentage decreases.

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michael works at an accounting firm. he and his colleague, annette, are both eligible for a promotion to a particular role. michael works very hard, but he feels that annette will be promoted as she is more sincere and dedicated to her job. however, michael gets promoted even though annette was a more deserving candidate. this scenario illustrates the concept of .

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this scenario illustrates the concept of internal recruitment where Michael gets promoted even though Annette was a more deserving candidate.

What is internal recruitment?Internal hiring is when an organization attempts to fill positions with current employees and source talent from other teams, departments, and positions within the company. Also known as this process allows the team to proactively fill their skill gaps. As talent shortages are expected to continue, HR departments are once again focusing on this critical area.Organizations today use internal recruitment to fill positions within the organization that are best suited to have insider perspectives and knowledge and foster a sense of loyalty and progress in their employees. Internal hiring is an important aspect for any company as it saves time, money and resources compared to external hiring.types are as follows:promotion transfertemporary to a permanent position

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a company has the following information: total revenues$860,000 sales returns and allowances50,000 sales discounts30,000 ending inventory100,000 what is the amount of net revenues for the company?

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As per the given information,

The total revenue is 860000.

The sales return and allowance is 50000.

Sales discount is 30000.

After all the calculations, the amount of net revenues for the Company is 780,000.

When a commission must be recognised or when a supplier receives a portion of the sales money, net revenue is often reported. Legal costs are a classic example, where an attorney will almost always receive a percentage of the litigation's net gains.

As a result of the percentage being deducted from a bigger initial sum, they are guaranteed to receive a higher settlement sum. Net revenue is the amount after refunds, discounts, and other items have been deducted from a company's sales or total income.

The formula used to compute net revenue is as follows:

Net Revenue = Gross Revenue – Directly Related Selling Expenses

Net revenues = 860,000 - (50,000 + 30,000)

= 860,000 - 80,000

= 780,000

Therefore, the net revenues for the company is $780,000.

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in the committee on shuttle criticality review and hazard analysis audit report what were the committee's assessment of nasa's use or lack of use of quantitative assessment methods.

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As per the committee report, there was an efficient use of quantitative assessment methods by NASA.

Since the 1986 Space Shuttle Challenger disaster, NASA has started using QRA for making decisions about the Space Shuttle and other NASA program projects. Several studies have been conducted by NASA to forecast the total Space Shuttle risk in addition to the continuing QRA efforts at the various NASA locations. These experiments are the largest quantitative studies that NASA has ever carried out.

The group had been successful in creating a strong technological strategy for carrying out quantitative assessment investigations. The strategy created symbolizes an efficient use of the methods. In addition, by conducting the Shuttle QRA study, the value of utilizing the multiple discipline strategy in gaining customer buy-in and enhancing the fidelity of the QRA results was shown. This study evaluated the risk of the Space Shuttle propulsion elements as well as the risk reduction caused by the Shuttle upgrades.

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to determine the market potential for its particular product or service, a firm should use

A. GDP data.

B. unemployment data.

C. Purchasing power parity data.

D. infaltion data.

E. as many metritcs as it can obtian.

Answers

A company should use GDP data to ascertain the market potential for its specific product or service.

The gross domestic product (GDP) is the total monetary or market value of all finished products and services produced within a country's borders during a specific time period. Because it is a broad indicator of total domestic production, it provides an exhaustive evaluation of the state of the economy in a particular country. Although it is often calculated on a yearly basis, GDP can also be computed on a quarterly basis. For instance, the US government estimates the annualized GDP for the entire year as well as each fiscal quarter. Each item of information in this report is given in real terms,

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which of the following is the best descriptor of the socio-ecological approach?

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The correct answer is Behaviors are influenced by interdependent domains is the best descriptor of the socio-ecological approach.

investigates the effects that environmental factors—physical, social, political, economic, and cultural—have on conditions and behavior. Personal qualities such as knowledge, attitudes, beliefs, and personality factors that affect conduct. An ecological model's core idea is that behavior is influenced on many different levels, frequently by factors that are intrapersonal (biological, psychological), interpersonal (social, cultural), organizational, local, and policy-related. The social ecology model considers many variables that might have an impact on health and conceptualizes health broadly. The World Health Organization's 1947 Constitution introduced a comprehensive definition of health that encompasses physical, mental, and social well-being (World Health Organization, 1947).

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