Gross domestic product (GDP) increases if prices decrease by (C) 2 percent and quantities produced increase by 4 percent.
What is Gross domestic product (GDP)?Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded as a credible indication. Rising GDP means more employment will be created, and workers will be able to earn higher pay raises. If GDP falls, the economy shrinks, which is bad news for firms and people. A recession occurs when GDP falls for two quarters in a row, which can result in pay freezes and job losses.Gross domestic product (GDP) rises when prices fall by 2% and output rises by 4%.Therefore, gross domestic product (GDP) increases if prices decrease by (C) 2 percent and quantities produced increase by 4 percent.
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The complete question is given below:
Gross domestic product (GDP) increases if prices decrease by ________ and quantities produced increase by ________.
(A) 4 percent; 2 percent
(B) 3 percent; 1 percent
(C) 2 percent; 4 percent
(D) 3 percent; 3 percent
(E) 2 percent; 2 percent
What happens when theres a technological improvement and the demand for the output is perfectly inelastic?
When there's a technological improvement and the demand for the output is perfectly inelastic:
Demand for labor and capital decreases
What Is Inelasticity?Inelastic is a phrase used in economics to describe an item or service's static quantity when its price varies. When a product's price increases or decreases, consumers' purchasing patterns remain relatively stable, which is referred to as being inelastic.
What Is perfectly Inelastic?When demand is completely inelastic, prices or quantities are fixed and unaffected by the other variable. When the quantity sought changes proportionately to a change in price, this is known as unitary demand.
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Most strategies that an aggregate planner actually uses are in combination and are referred to as the?
Most strategies that an aggregate planner actually uses are in combination and are referred to as the hybrid strategies.
It is a strategy that comes under aggregate planning strategies which are level strategy keep the appropriate level of production and labour.
Chase strategy determines the chase towards the market demand and lastly hybrid strategy is the mix of the above two strategy.
An aggregate study planner balances all in one combination to know the best alternatives and outcomes from the production. It is determined by the inventory level present in the production process and back orderings during the high demand period.
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Firms are more likely to accept a special order for one of their products at a reduced price if?
Firms are more likely to accept a special order for one of their products at a reduced price if "excess capacity exists."
What are special order?The special order would be a purchase that the business did not plan for while creating its annual budget. This presents an additional chance to exceed sales targets in terms of revenue.
Some key points regarding the special order are-
Special orders frequently ask for a reduced price than what is usually provided and/or can incur additional expenses. Students frequently wish to ignore the order right away because of the cheaper price or lesser contribution margin. However, the purchase should be taken into consideration if it will result in more profit.Keep in mind that only a special order is one the business did not anticipate. The business must make sure there is extra capacity available to fulfill this request without jeopardizing the year's initial development plan.The consumer who requests the special order must not compete with current customers or the business, since this could lead to a decline in sales at regular pricing.To know more about the special order, here
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When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper disposition of a loss on disposal of equipment?.
The correct answer is to subtract the loss from net income proceeds from the sale of equipment ought to be included in net income within the working activities area. A loss on the deal of arrival ought to be added to net income within the working exercises segment.
What do you understand by Subtracting the loss from net income?In Accounting, under the indirect method of assessing or calculating money flow, the starting net cash flow is decided that’s enrolled within the course of all the working exercises in business. Any beginning net salary or net loss is registered within the starting beneath the round about strategy of completing money stream from working activities. Any non-cash costs or costs such as deterioration of physical resources and gear or amortization are included in the starting net wage level. Presently, any profit or misfortune from the transfer of long-term resources is subtracted from the net wage to decide the cash stream of working activityTo know more about money flow visit:
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In kentucky, under which of these is the seller obligated to pay the listing agent a commission if the agent is working under an exclusive agency agreement?
Under an exclusive right agreement, the seller obligated to pay the listing agent a commission if the agent is working under an exclusive agency agreement in Kentucky.
This agreement also requires the seller of the house to pay a commission to the broker in case they are planning to sell the house to someone. This agreement not only grants the broker exclusive rights to collect commission if their property gets sold but also enables the broker to function as an agent for the owner in negotiating the sale of a property.
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On a downward-sloping linear demand curve, total revenue reaches its maximum value at the?
As we start moving down a demand curve value of the revenue reaches a maximum at a point which is the midpoint of the demand curve.
In a downward-sloping demand curve, price and quantity demanded move in opposite directions, so the price elasticity of demand is always negative. A positive percentage change in price implies a negative percentage change in quantity demanded and vice versa.
Recall that the downward slope of the aggregate demand curve means that as the price level falls, more output will be demanded. Likewise, national income increases when the price level falls.
The question is incomplete. Please read below to find the missing content.
On a downward-sloping linear demand curve, total revenue reaches its maximum value at the
a.
midpoint of the demand curve
b.
lower end of the demand curve
c.
upper end of the demand curve
d.
It is impossible to tell without knowing the prices and quantities demanded.
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Describe the stages of team development. how would you facilitate a team's development through each stage?
Four stages of development move through are the following forming , storming, norming and storming.
Situational leadership by tuckman is the perfect fit for the explaination of this theory. Most high performing teams go through the five stage development process.
The internal characteristics are people in the team and how the interaction will take place amongst its members. Team usually develop each other through stage and process building that would significantly facilitate the development of the team. Cohesiveness determine the accept and confirm norms.
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How would a company report a change in an accounting principle made on the last day of the third quarter?
If a company changes an accounting principle on the last day of the 3rd quarter they need to apply a retrospective application to all pre-change interim periods reported.
What is accounting?Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collection organizations as part of the accounting process. A company's operations, financial condition, and cash flows are summarized in the financial statements that are used in accounting. They provide a succinct summary of financial transactions across an accounting period. One of the most important aspects of practically every firm is accounting. Small businesses may have a bookkeeper or accountant manage it, whereas larger corporations may have vast finance departments with many people.Management can make wise business decisions thanks to the information produced by many streams of accounting, including cost accounting and managerial accounting.
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A special order generally should be accepted if: Select one: a. its revenue exceeds allocated fixed costs, regardless of the variable costs associated with the order. b. excess capacity exists and the revenue exceeds all variable costs associated with the order. c. excess capacity exists and the revenue exceeds allocated fixed costs. d. the revenue exceeds total costs, regardless of available capacity. e. the revenue exceeds variable costs, regardless of available capacity.
A special order generally should be accepted if excess capacity exists and the revenue exceeds all variable costs associated with the order.
When the market's potential supply of a commodity is greater than the demand for that product, the situation known as excess capacity arises.
In manufacturing, the phrase "over capacity" is frequently used. At a manufacturing site, you can notice idle workers as a sign of overcapacity. Excess capacity, though, can also be found in the service industry.
For instance, there are places in the restaurant business that consistently have empty tables and a staff that seems unproductive. This inefficiency shows that although the space can handle more visitors, there is still a gap between customer demand and the restaurant's capacity.
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A corporation may have issued more shares of stock than it has outstanding. This statement is.
A corporation may have issued more shares of stock than it has outstanding. This statement is True.
Because Companies may sell shares to stockholders and then later buy those shares back. Treasury stock is the name given to the repurchased shares. Shares issued less Treasury stock equal the number of shares that are currently outstanding. The number of shares issued will therefore be higher than the number of shares outstanding if a corporation has treasury stock.
Describe Treasury Stock.Treasury stock, commonly referred to as treasury shares or reacquired stock, describes previously outstanding stock that the issuing corporation purchases back from stockholders. The overall number of outstanding shares on the open market declines as a result.These shares were issued but are no longer in circulation, thus they are not counted in the calculation of dividends or diluted profits per share (EPS).What is a stock share?The smallest entire portion of a corporation that a single investor can own is a share. If you possess 10 shares, for example, you own 10 shares. Stock, on the other hand, is a measure of equity (e.g. you own 10 percent of the company). Consider shares as a tiny chunk of a business.Learn more about stocks here:
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Capital markets can be divided into two broad categories: equity interests and debt interests. equity investors in real estate expect to earn a return on their investment through?
It is a true statement that the capital markets can be divided into two broad categories such as the equity interests and debt interests.
What is a capital markets?This refers to the financial market where the long-term debt or equity-backed securities are bought and sold and it is an opposite of money market where short-term debt is bought and sold
Often the equity investors in real estate expect to earn a return on their investment through the collection of rent and price appreciation.
Hence, in general view, It is a true statement that the capital markets can be divided into two broad categories such as the equity interests and debt interests.
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______ students were twice as likely as their peers to cite economic reasons for dropping out of school.
The High school students were twice as likely as their peers to cite economic reasons for dropping out of school.
Males and females both have androgens and estrogens, however in exceptional amounts. Decreases in levels normally reduced male activity. Boys start puberty someday among the a long time of nine and 14. Boys hit puberty approximately two years later than ladies. but, Black and Hispanic boys have a tendency to go into puberty a bit earlier than white boys.
Even though it's known as the girl hormone, a person's frame additionally makes estrogen. A healthful balance of estrogen and testosterone is important for growth and improvement. while those hormones end up imbalanced, our improvement and function may be affected.
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What does research suggest about the relationship between goals and consciousness?
Answer:
Goals are the tools with which people engage in volitional behavior. Whereas goal pursuit was traditionally assumed to be strongly related to consciousness, recent research and theorizing suggest that goals guide behavior through attention, and this guidance can occur outside of a person's awareness
Explanation:
A movement along the phillips curve shows that the unemployment rate and inflation rate are.
The Phillips curve argues that unemployment and inflation are inversely related
What is Phillips curve?The Phillips curve is an economic model named after William Phillips, who hypothesised a link between lower unemployment and higher rates of wage growth in an economy.
The Phillips curve is a graph that depicts the economic link between the rate of unemployment (or the rate of change in unemployment) and the rate of change in money earnings. It is named after economist A. William Phillips and suggests that when unemployment is low, wages tend to rise quicker.
According to the Phillips curve, inflation and unemployment are inversely related. Lower unemployment is associated with higher inflation, and vice versa. The Phillips curve was a notion used to drive macroeconomic policy in the twentieth century, but it was put into doubt by the 1970's stagflation.
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The arrangements between buyer and seller as to when payments for merchandise are to be made are called:______.
The arrangements between buyer and seller as to when payments for merchandise are to be made are called credit terms.
What are the terms of credit?Credit terms are the payment conditions specified on the invoice at the time of the purchase of the goods. This is an agreement between the buyer and the seller regarding the deadlines and methods of payment for products obtained on credit. It also goes by the name "payment terms."
Influences on Credit Terms
Time Issue: In this case, the seller is giving the consumer a time benefit and anticipates that the bill will be paid before the due date. Usually, the deadlines are established in advance of the transaction. Credibility Element: The amount of credit you extend to your consumer relies on how creditworthy they are. This may be determined by the number of transactions, the ability to repay, past performance, etc. Rate of Interest Factor: Sellers do charge interest, either for the entire credit period or just for the overdue time, depending on the quantity and credit duration.Learn more about buyers and sellers with the help of the given link:
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Over a 10-year period, Rebecca goes to
college for 4 years and works for the next
6, while Mark works for the full 10 years.
Rebecca earns twice as much as Mark
after she graduates.
Rebecca is earning twice as much as Mark because she has added value to herself by getting educated and would most likely be able to solve problems faster and more efficiently than Mark assuming they are in the same industry. Here in lies the value of education.
How does education help us earn better?
Education helps to drive innovation and critical thinking. Psychologically, education is one of the best ways to keep the mind active and sharp.
For a society to advance economically, education is essential. In order to consistently be creative, we require employees to pursue new knowledge and research.
Higher literacy rates are also associated with better economic conditions in a nation.
A population with higher levels of education has access to more work options. This is because education fosters research and innovation.
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When calculating the net operating income of a property it is important to identify:______
When calculating the net operating income of a property it is important to identify Mortgage payments
Correct option is C.
What is Mortgage payments?A mortgage is an arrangement between you and a lender that enables you to borrow money to buy or refinance a home and gives the lender the power to seize If you don't make loan payments, you risk losing your property.
How are mortgage payments done?The principal on a mortgage is the sum that you borrow. Your monthly payment will be split between principal (the outstanding mortgage debt) and interest, with a portion going to each. When you borrow money, a lender will charge you interest.
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I understand that the question you are looking for is :
When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attempts to maintain the property. All of the following would be considered operating expenses EXCEPT.
A. Property taxes
B. Property insurance premiums
C. Mortgage payments
D. Utility expenses
The primary benefit of taking into account a child's interests while selecting exercise activities is that the child will __________
The primary benefit of taking into account a child's interests while selecting exercise activities is that the child will gain motivation to exercise.
Exercise plays a significant role in the development of child's brain and body. It helps strengthen children's bones, lungs, heart and improve their coordination, posture, balance and flexibility. Participation in choosing the exercise gives the child a sense of growth and ownership. It gives a boost to their self esteem, mood and morale. The child gains an interest toward the physical activity and gives his best and is motivated to keep continuing it life long.
Furthermore, research indicates that an active child becomes an active adults, in turn putting people away from the risk of developing life threatening conditions such as heart disease. This is why it's important to let children choose their exercise activities and train them to be fit from young age.
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The statement of cash flows shows a firm's revenues, costs of goods sold, expenses, and net income. True or false
Answer:
false
Explanation:
A statement of cash flows on tracks Cash, not credit, expenses, or any of that jazz. There are other financial reports to account for them.
When a small business forges an agreement with a bank that consents to honor a draft or other demand for payment after goods are delivered internationally, the firm receives a:__________
An agreement between a small business and a bank which leads to the bank consenting to honor a draft or demand for payment leads to the firm getting a letter of credit.
What is a letter of credit?This is an agreement that bank makes with a small business in order to increase the credibility of the small business when buying a good or service internationally.
The agreement makes it clear that the small business will pay the money that it owes for the goods delivered and that the bank guarantees it.
The reason for this is that the small business might not be trusted or popular enough so the seller might not trust them. Banks are more trusted however so the sale will go through.
In conclusion, an agreement between a bank and small business to guarantee payment is a letter of credit.
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Which is the primary dietary consideration for a client receiving insulin isophane suspension (nph) at breakfast?
The primary dietary consideration for a client receiving insulin isophane suspension (nph) is that make sure breakfast is not delayed.
Diabetes is treated with ISOPHANE INSULIN (NPH). It functions by raising your body's insulin levels, which lowers your blood sugar. It is a member of the class of drugs known as intermediate-acting insulins. Combining this medicine with dietary and exercise modifications is common.
A hormone called insulin lowers blood glucose levels, or sugar, by doing its job. Intermediate-acting insulin, insulin isophane begins to function 2 to 4 hours after injection, peaks in 4 to 12 hours and continues to function for 12 to 18 hours.
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If the forecasted volume increased to 12,000 procedures and budgeted costs increased to $440,000, while all other variables remained constant, what price should be established?
Answer- $ 54.74
Explanation-
= ($440,000 ÷ 12,000) + [($80,000 + 4,800 ($36.67 – $38.00)) ÷ 6,000] / (1-0.106)
= 48.936 / 0.894
= $ 54.74
Finance encompasses banking, leverage or debt, credit score, capital markets, money, investments, and the advent and oversight of financial systems. basic economic standards are based on microeconomic and macroeconomic theories.
There are two most important purposes of the finance feature: to offer the monetary records that other business features require to perform efficaciously and correctly. to assist business making plans and choice-making.
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Standard cost per output unit for each variable direct cost input is calculated by multiplying?
Standard cost per output unit for each variable direct cost input is calculated by multiplying developed for a period for a planned output. An estimated expense that typically happens throughout the creation of a good or provision of a service is called a standard cost.
In other words, standard cost is the estimated sum of money a business will need to spend in order to create a something or provide a service under typical circumstances. Examples include payments due for rent, utilities, insurance, office staff salary, and supplies, among others. the normal fixed cost is $100,000, and the hourly rate is $15.
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When developing cash flows for capital budgeting, it is _____ to overlook important items.
When developing cash flows for capital budgeting, it is easy to overlook important items.
What is Capital Budgeting?The procedure a company uses to assess potential big projects or investments is called capital budgeting. Before a project is accepted or denied, capital budgeting is necessary.Examples of such projects include the construction of a new plant or a significant investment in a third party enterprise.A business may examine the lifetime cash inflows and outflows of a planned project as part of capital budgeting to ascertain whether the projected returns will satisfy an adequate target benchmark. The practice of capital budgeting is sometimes referred to as investment assessment.Discounted cash flow, payback, and throughput assessments are three of the main capital budgeting techniques.To learn more about capital budgeting with the given link
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Costs which are incurred to produce two or more products at the same time are called _____ costs:
Costs that are incurred to produce two or more products at the same time are called Joint costs.
What is a product?A product is referred to as finished goods assembled in the industry and distributed to intermediaries to serve in the market and make available to customers.
Joint costs are expenses incurred to produce two or more products together. It is used to determine the cost of operating joint-product operations, which includes collection and disposal.
It is calculated by dividing the sum of the costs incurred for all jointly produced goods prior to their separation by the total number of goods produced collectively.
Therefore, Joint cost is the answer.
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Answer:
joint costs
Explanation:
what roles do entrepreneurs play in the economy?
a. make routine pricing decisions
b. innovate
c. purchase capital
d. create market demand e. take risks
f. make decisions
B) Innovate E) Take risks F) Make decisions.
Entrepreneurs decide how to combine factors of production to create new goods and services.
What functions do entrepreneurs play in an economy?The business leader who is an entrepreneur seeks out ideas and implements them to promote economic development. One of the most crucial factors in a nation's economic progress is entrepreneurship. By making business decisions, the entrepreneur serves as the head of the trigger that ignites economic activity.
He is essential to the growth of a nation's agricultural and service sectors in addition to its industrial sector. The following is a methodical and orderly discussion of the key functions that entrepreneurs play in the growth of an economy.
Encourages the formation of capitalLarge-Scale Employment PossibilitiesEncourages balanced regional growthReduces Economic Power ConcentrationCreation and Distribution of WealthRising GNP and per capita incomeRaising the Living StandardsEncourages the country's export tradeCreates backward and forward linkagesPromotes overall developmentLearn more about roles of entrepreneurs with the help of the given link:
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If a landlord and a tenant have a dispute in Georgia: Select one: a. they may appeal to the real estate commission for a resolution. b. they must agree to binding arbitration. c. they must sue in a court of competent jurisdiction. d. they must be represented by a licensed Georgia attorney.
Option C. they must sue in a court of competent jurisdiction.
He is entitled to quiet exclusive enjoyment in your home. He has the right to contact the Landlord or his representative at a reasonable time. His landlord can enter his house only with your permission. He is entitled to the tenant's specific notice period.
If a landlord wishes to terminate a short-term lease, he ordinarily must give 90 days' notice. In some cases, landlords only need 42 days' notice. However, it should explain why there are so few notifications.
A landlord cannot force you to leave your home without notice. The notice period is usually 4 months, but in serious cases he may be shortened to 2-4 weeks.
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Amy, a minor, disaffirmed her agreement to buy $127 worth of cosmetics from sephora. She had used up all the foundation, lipsticks, and blush. The general rule is that she may?
Amy, a minor, disaffirmed her agreement to buy $127 worth of cosmetics from sephora. She had used up all the foundation, lipsticks, and blush. The general rule is that she may disaffirm, but she has to return the makeup that is not used up.
Disaffirmance is the legal term which refers to the right for one party to renounce a contract. In order words in order to render the contract void, the person must indicate that he/she will not be bound by the terms outlined in the agreement.
This can be expressed explicitly by the person in any declaration or it can be implied when the person chooses that he does not want to abide by the terms of the contract.
Disaffirmance occurs only when one party renounces and disagrees with their obligation of a voidable contract.
Disaffirmance can be implied or explicit.
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Suggestion boxes, employee attitude surveys, and grievance procedures are examples of?
Suggestion boxes, employee attitude surveys, and grievance procedures are examples of upward communication.
An organizational structure defines the flow of information and different works in an organization. This structure defines the direction of workflow and formal communication in the company.
Organizational structure is a visual representation of decision-making. It is an extremely useful process in the division of roles, responsibilities, and their authorities in an organization.
Upward communication is that type of organizational communication in which the flow of information is flown from lower levels in an upward direction.
This type of communication creates a friendly environment in the organization because it is a type of vertical two-way communication. Upward communication enables the employees participation and boosts employee morale as they feel valued.
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________ entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
Innovations entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
What is innovation?Innovation is the implementation of thoughts in a way that results in the creation of innovation or enhances the delivery of existing ones. "A new or changed entity realizing or redistributing value" is the definition of innovation. Others have different definitions, but they all place an emphasis on the novelty, development, and dissemination of concepts or technologies.
Innovation frequently occurs as a result of the creation of more efficient goods, procedures, services, technology, works of art, or marketing strategies that innovators render available to consumers, governments, and society. Innovation and invention are interrelated, but they are not the same thing. Innovation is more likely to entail the direct implementation of an invention, and not all innovations necessitate the development of new invention.
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