Which is the most accurate definition of the study of economics economics is the study of a the distribution of surplus goods to those in need?
A. the distribution of surplus goods to those in need.

B. affluence in a morally bankrupt world.

C. ways to reduce wants to eliminate the problem of scarcity.

D. the choices we make because of scarcity.

The correct option is B,Combining the judgment of human experts with the algorithmic model. This is because it will lead to would lead to a superior decision-making outcome, as compared to either the judgment of human experts acting alone or the algorithmic model acting alone.

This is because, while an algorithmic model can dissect vast quantities of data and identify patterns that may be delicate for humans to discern, it can also suffer from impulses in its training data. On the other hand, mortal experts bring their own knowledge, experience, and suspicion to the decision- making process.

Which can help to compound the perceptivity generated by the algorithmic model.By combining the strengths of both approaches, the decision- making process can be made more robust, comprehensive, and accurate.

Still it's  important to insure that the combination of the algorithmic model and mortal experts is used in an ethical manner, and that the decision- making process is resolvable.

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The maximum outstanding balance allowed to a customer by a vendor is called a credit limit.

A credit limit is the maximum amount of credit a financial institution or vendor will extend to a customer for a line of credit, loan, or credit card. The credit limit is set based on the customer's credit history, income, and other factors that indicate the customer's ability to repay the debt.

Having a credit limit is important because it helps customers manage their debt and avoid overspending. Customers should regularly monitor their credit utilization, which is the ratio of their outstanding balance to their credit limit, to ensure they are staying within their credit limit.

It's also important for customers to pay attention to their credit limit because exceeding the limit can result in additional fees and negatively impact their credit score.

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The width of the fourth washer used by carpenters is 0.525 centimeters.

Addition

The process of combining two or more numbers is called addition. The four main properties of addition are commutativity, associativity, distributivity, and additive identity.

given that;

The joiner uses four shims and he fills the 1.5 cm gap. The three disc widths are 0.75 cm, 0.125 cm and 0.1 cm.

Now let x be the width of his 4th washer that the carpenter uses.

So we can formulate

x + 0.75 + 0.125 + 0.1 = 1.5

x + 0.975 = 1.5

x = 1.5 - 0.975

x = 0.525 cm

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Marketing activities benefit customers, stakeholders, and the wider public.

Marketing is a powerful tool for businesses of all sizes. By engaging in marketing activities, companies can reach more customers, increase brand awareness, and boost sales.

But there's more to it than just that; the definition of marketing from the American Marketing Association (AMA) states that it is the “activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large”.

This means that marketing activities also benefit customers, stakeholders, and the wider public, making it a win-win situation for everyone involved.

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Through the collection of data by exploratory research, we found the following answers on the analysis of the current fiscal policy:

A. The chosen tool of fiscal policy was taxes.

B. To help the economy, taxes must be reduced, encouraging industrial activity in the country.

C. The chosen opinion piece was "How the U.S. Government Amassed $31 Trillion in Debt" written by Jim Tankersley and available on the NY Times website.

D. The three central points that explain the author's reasoning are the US debt, the tax cut and the economic crisis.

E. The bias that the author can bring to his opinion are the economic projections made by economists, which may not actually characterize reality.

F. You should look for an article with an opinion contrary to this one by searching for articles in which the authors have a more political and partisan view on the guilt of the American debt.

G. To list the three main points of the author's contrary reasoning, you must follow what was done in letter D, and find the main key points of the article.

H. The author's biases therefore may be based on his own political opinion and for or against a political party.

It is the taking of government decisions capable of controlling the economy directly or indirectly, through government spending and taxes.

Therefore, fiscal policy is capable of influencing a country's supply and demand, and such decisions are capable of generating jobs, investment such as debt and recessions.

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Automation plays an important role in developing countries in many different ways such that in increase employment or create new jobs, create high income.

The automation is defined as in a developing country can be beneficial to plant's productivity, trade and even employment performance. It results that the consumers spend more that leads to create new jobs.

The increase in automation in manufacturing leads to low income countries will not achieve in the rapid growth by the shifting workers from the agriculture into the factory jobs.

The automation have the power to improve the society in terms of reduces the cost and prices of products or services and makes the saving raise.

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Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.

We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.

Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.

The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,

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The Human Resources department is responsible for a variety of functions that help to ensure the success of a company.

These include job orientation, teaching skills, and professional growth. Job orientation involves introducing new employees to their job duties, company culture, and expectations.

Teaching skills includes providing training and development opportunities that help employees stay up-to-date on the latest trends and best practices.

Finally, professional growth helps employees progress and become better versions of themselves. All of these functions are essential for the success of any company.

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Ethnic are the moral principles of right and wrong that govern a person’s or group’s behavior. Business ethnic describe how a company positively interacts with customers and employees. A work ethnic is an individual’s set of values and beliefs that hard work builds personal character.

In business, Ethnicity generally can be defined as a considered to be shared characteristics such as  traditions, culture, language, and also religion, which contribute to a person or group's identity. Beside that, Work ethic in business generally can be defined as a belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities.

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Answer:

Ethics are the moral principles of right and wrong that govern a person’s or group’s behavior.

Business ethics describe how a company positively interacts with customers and employees.

A work ethic  is an individual’s set of values and beliefs that hard work builds personal character.

Explanation: I just did the assignment on edge 2023.

Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category. Hence option D is correct .

Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category. Start with one of the clusters, such as construction or health care, to understand what it entails, current trends, and the various  vgit provides.

Here are a few examples of career clusters: Arts, Audio/Video Technology, and Communication; Law, Public Safety, Corrections, and Security; Agriculture, Food, and Natural Resources; and Health Science. All of these names should be fairly self-explanatory.

Agriculture commodities and resources, such as food, fibre, wood products, natural resources, horticulture, and other plant and animal goods/resources, are produced, processed, marketed, distributed, funded, and developed.

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The main rea-sons that lenders charge inte-rest on loans is that interest prot-ects against fut-ure rises in inflation. Interest pro-vides the profit incentive to lend mo-ney (supply credit.) It inc-ludes compen-sation for inflation, de-fault risk and opportunity cost.

The interest rate is the amou-nt a lender charges a bor-rower and is a percent-age of the principal—the amount loane-d. The inte-rest rate on a loan is typi-cally noted on an annual basis kno-wn as the annual percent-age rate (APR). Lenders con-sider your credit score, pay-ment history and the current econ-omic conditions when deter-mining interest rates. Generally speak-ing, the high-er your credit score, the less you can ex-pect to pay in inter-est.

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Macroeconomics is defined as the study of the aggregate economy studied as a whole.

The field of economics known as macroeconomics focuses on understanding how an economy functions as a whole and how it behaves. It focuses on the overall developments in the economy, including inflation, unemployment, growth rate, and gross domestic product.

The study of macroeconomics focuses on the functioning of economies, including shifts in the balance of payments, inflation, interest and foreign exchange rates, and variations in economic production. Only solid monetary and fiscal policies can lead to social fairness, poverty reduction, and sustained growth.

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An employer might decide to cut the number of employees at his company as a result of the economic downturn. When an economic downturn occurs, there is often decreased demand for goods and services, leading to a decrease in profits.

What is an economic downturn ?

An economic downturn is a period of time in which there is a significant reduction in economic activity. This can be observed through decreases in gross domestic product (GDP), investment, consumer spending, employment, business activity, and other economic indicators. During an economic downturn, individuals and businesses experience a decrease in income, causing them to reduce their spending and investments, leading to further decreases in economic activity. Governments often respond to an economic downturn by introducing fiscal and monetary policies designed to stimulate the economy, such as cutting taxes, increasing government spending, and reducing the interest rate.

So, An economic downturn could influence an employer to reduce the number of workers at his business.

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About 53 percent of the wealth belonged to the US citizens in 2010.

Over the past few decades, wealth inequality in the US has considerably increased. There are several ways to calculate the person percentage.

Wealth inequality in the United States refers as the unequal distribution of assets among the population.

Wealth inequality, or the unequal distribution of wealth, frequently coexists with income inequality.

The unequal distribution of income among a population is known as income inequality. The higher the income disparity is ,the less evenly distributed the income is.

This disparity can be seen in how almost 53 percent of the wealth belonged to the US citizens in 2010.

Populations can be segmented in a variety of ways to demonstrate different degrees and manifestations of income inequality, such as inequality in income based on race or gender.

However it shall be noted that in many cases, the valuations of any homes, cars, personal property, enterprises, savings, and investments, as well as any connected obligations, are regarded as part of one's wealth

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One argument in favor of income inequality and wealth gap is that it forces people to be more innovative and bring in new methods of doing jobs.

Being able to earn more than others motivates people to put in more effort, innovate, and strive to generate more and better things. Without stronger rewards for productive work, there will be far less wealth, innovation, and productivity.

The latter lose motivation to be productive if those who do not work or do not work hard receive the same or equivalent rewards as those who do work hard, research, and devote a lot of time and money to produce.

Everyone will end up working far less and being less motivated to develop as a result. An example of such a situation can bee seen in the former Soviet Union and is presently causing the economies of communist nations like North Korea, Cuba, and Venezuela to stagnate.

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The statement "the texas state board of education has minimal control over the way that controversial issues are taught in texas public schools." is true. The Texas State Board of Education (SBOE) has minimal control over the way that controversial issues are taught in Texas public schools.

The SBOE sets curriculum standards and guidelines for Texas public schools, but individual schools and districts have significant autonomy in determining how to teach certain subjects, including controversial issues. The SBOE does not dictate the specific curriculum or materials that should be used in the classroom, that is the responsibility of the local school district.

Additionally, the Texas State Board of Education has a reputation of having a strong influence on the curriculum choices, with a conservative majority that can influence the way controversial issues are taught, such as science and social studies, but it does not have the power to dictate the specific lesson plan or methodology used in the classroom.

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Answer:

Explanation:

capitalism, also called free market economy or free enterprise economy, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets.

Answer:

Which of the economic system has been the most successful in the world till now?

Capitalism

The satisfaction of consuming things or services serves as the best justification for usefulness. Utility is the feeling of enjoyment one has after consuming products and services.

What does the word "consume" mean?

devoured; eating up. transitive verb: to entirely eliminate, demolish Several structures were destroyed by fire. Squander is a wasteful use of money.

What is an illustration of consumption

to use (fuel, time, resources, etc) (fuel, time, resources, etc.) Less electricity is used by the new lights. She's trying to consume less and live more simply. The hunt occupied [=took up] most of our time.

Consumers develop habits based on a variety of goods and services, including their preferred lunch spots, how they shop at businesses, and the brands of laundry detergent they choose. creating and preserving consumer.

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Using the table we know that the monthly payment would be (B) $1,006.

Payment is made when one party (such as a person or business) voluntarily offers money, its equivalent, or other valuables to another in exchange for services rendered, items received, or the satisfaction of a legal obligation.

The payee is the party receiving the money, whereas the payer is typically referred to as the party making the payment.

So, the monthly payment would be:

The aforementioned number displays the interest and monthly payments for a mortgage of $1,000.

Therefore, the interest rate is 6.33 dollars per month for 30 years.

Now that it has been established that you will borrow $159,000, all we have to do is multiply 6.33 by 159 to get the answer, which comes out to $1006.47.

So, choice B would be the appropriate response.

Therefore, using the table we know that the monthly payment would be (B) $1,006.

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Answer:

Life is life , I hope this explains why

Explanation:

Realistic is so important, while it is okay to want really bad you also have to pay close attention to what you need to do to achieve that.

Let's say for whatever reason you want to buy a boat.

First, you need to look at the boating laws and license requirements by state

Secondly, you need to uphold and meet the requirements

Thirdly, you must find a boat, that will suit you and actually work correctly

Fourthly, you must learn or already have knowledge of how to work/operate said boat

You need to learn or already have knowledge of how to swim, how to perform CPR in case of emergency

how to respond to emergency radio signals and or SOS/ morse code

If you do not want to or think you can do any things, then you do not need a boat, even if you really want

Human organizational resource is the focus of the behavioral management perspective.

Management takes special interest in the employees to make and feel them like part of organizations, in organizational behavior also the human and group behavior is examine or analyze in the organization as it directly influence the  performance of employees through motivation, leadership and the communication, in this concern two perspective of human behavior are examined such as internal perspective which examine the individual thought, feelings, values and beliefs which affect there performance while the external perspective consider effects of external events and the environmental factor on the individual's performance, in this behavioral management perspective concerned to the ways through which an organization manage the  productivity of workers by understanding employees motivation which is based on there expectations, need and interest, and group dynamics.

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the 3 questions of economic are:

The three basic economic questions are what to produce, how to produce it and for whom to produce it. The economic system is a procedure that will be applied to coordinate people's behavior. This system will regulate the behavior of producers, consumers, banks, governments and other communities when carrying out various economic activities.

Economic activities such as production, consumption, investment and distribution processes will be managed in an integrated manner. The aim is to form an orderly, intact and dynamic unit. So that chaos in the economic world can be avoided.

The economic system is needed by a country because this system has the main function of driving the production process. Another function of this system is to create a certain mechanism so that the process of distribution of services and goods can take place properly.

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The customer owes $33.11 after the restaurant applies the discount.

To calculate the customer's final bill, we need to first determine the total dollar amount of the 14% discount. To do this, we can multiply the original bill of $38.50 by 14% (expressed as a decimal, 0.14)

Discount = $38.50 * 0.14 = $5.39

To find the final amount the customer will pay, we can then subtract the discount from the original bill:

Final Bill = $38.50 - $5.39 = $33.11

So the customer owes $33.23 after the restaurant applies the 14% discount.

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The taxpayer (being individual/HUF) can claim deduction beneath area 80D in appreciate of clinical insurance plan premium paid through him in any mode other than cash. However, fee on account of preventive health check-up can be made in cash.

The deduction allowed under Section 80Dm is Rs 25,000 in a economic year. In the case of senior citizens, the deduction restriction allowed is Rs 50,000. Individual: An man or woman can declare a deduction of up to Rs 25,000 for the insurance plan of self, spouse, and based children.

Health insurance premiums are deductible on federal taxes, in some cases, as these monthly repayments are categorized as medical expenses. Generally, if you pay for scientific insurance on your own, you can deduct the quantity from your taxes.

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At a location 150 feet from the bridge's center, the cable's height from the road is 80 feet.

Because the wire crosses the road halfway between two towers

In this case, the origin is assumed to be the vertex at that midpoint.

the maximum height on either side is now specified as

Y = 80 feet

The tower's horizontal distance from the midpoint is reported as

X = 600/2 =300 feet

Now, using the parabola equation, we obtain

Y = k [tex]X^2[/tex]

substitute the value in above equation we get,

80 = k [tex](300)^2[/tex]

k = [tex]8.889\times10^{-4}[/tex]

now that we

Y =  [tex]8.889\times10^{-4}[/tex][tex]X^2[/tex]

We now need to get the height at 150 feet from the center.

Hence, we have

Y =  [tex]8.889\times10^{-4}[/tex][tex]300^2[/tex]

Y = 80 feet

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The age of A is 6 years and B is 12 years and ratio of A:C is 1:3

Given that the ratio of A's age to B's age is 1:2, and the ratio of B's age to C's age is 3:2, we can find the ratio of A's age to C's age by finding a common ratio between A and C.

Let's assume that B's age is x years.

Then, A's age is x * 1/2 = x/2 years, and C's age is x * 3/2 = 3x/2 years.

The ratio of A's age to C's age can be calculated as follows:

A : C = x/2 : 3x/2 = 1 : 3

Since C's age is 18 years, we can find the value of x:

x = [tex]2* \frac{18}{3}[/tex]

  = [tex]2*6[/tex]

  = 12

So, A's age is [tex]\frac{x}{2}[/tex] = [tex]\frac{12}{2}[/tex] = 6 years, and

      B's age is x = 12 years.

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Global efforts to reduce tariff rates for manufactured goods have been an important part of the General Agreement on Tariffs and Trade (GATT).

Tariff rates for manufactured goods have been declining significantly since the establishment of GATT in 1947, and this trend has continued in recent years.

For example, the World Trade Organization has reported that the tariff rate for manufactured goods in the US has decreased from approximately 10% in the late 1940s to less than 1% in 2020. Similarly, tariff rates for manufactured goods in the EU have fallen from around 15% in the late 1940s to less than 4% in 2020.

These tariff reductions have helped to promote global economic growth and development, as they have reduced the cost of imported goods, making them more accessible to consumers.

In addition, these tariff reductions have increased competition among countries, making it easier for countries to access the global market, and allowing for the efficient transfer of goods and services around the world.

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The economic system is important as it provides regulatory structure that governs components of production and distribution.

An economic system is a regulatory structure that governs several components of production and distribution, such as: labor, land,  capital, or other  resources.

Several types of economic system are:

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