The federal reserve bank loaned money to banks and thrifts and charged an interest rate called the Federal discount rate.
What is the Federal discount rate?The Federal discount rate is the interest rate the Federal reserve bank (the Central Bank in US) charges to bank and other depositary institutions when they loan them money. The Federal discount rate is a monetary policy tool for the Central Bank of a country.
The Federal reserve bank uses the Federal discount rate to adjust money supply in the economy. If the Fed wants to reduce money supply, they would increase the Federal discount rate. If the Federal discount rate is high, banks would increase the rate at which they make loans available. The high interest rate on loans would discourage people from taking out loans. This would lead to a reduction in money supply.
If the Fed wants to increase money supply, they will reduce the Federal discount rate. Banks would also reduce the interest rate for loans. As a result the rate of borrowing would be higher and the money supply would increase.
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True or false? the patient should be given a receipt for payments on account even if the account is not paid in full.
The statement is True.
What does receipt mean?Receipts are formal records that serve as evidence of a transaction or purchase involving money. Both stock market transactions and business-to-business exchanges issue receipts. As evidence of some expenses, receipts are also required for tax purposes.A payment receipt, also known as a receipt for payment, is a record that serves as evidence of purchase. It is supplied by a company to its clients following the receipt of payment for any good or service.The patient's receipt can assist you to understand this. You have a right to the patient's receipt under the law. This implies that if you request it, your doctor is required to give it to you. Its contents must be clearly explained and understandable to laypeople.The patient should be given a receipt for payments on account even if the account is not paid in full.
The statement is True.
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Funding from politically active nonprofits whose donors and amounts contributed do not have to be made public is called:_______
A secretive funding refers to those funding from politically active nonprofits whose donors and amounts contributed do not have to be made public.
What is a secretive funding?This refers to the process of the hidden method used by a political party to raise money for its campaigns and routine activities.
The secretive funding of the political parties is also an aspect of its campaign finance.
Hence, the secretive funding refers to those funding from politically active nonprofits whose donors and amounts contributed do not have to be made public.
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What is meant by data indicating that anxiety disorders, depressive disorders, and substance use disorders together account for 184 million dalys?
The data indicates that anxiety disorders, depressive disorders, and substance use disorders together account for 184 million days these disorders result in the loss of 184 million years of otherwise "healthy" life.
Anxiety disorders are a form of intellectual fitness situation. tension makes it tough to get thru your day. signs encompass emotions of anxiousness, panic, and worry as well as sweating and a fast heartbeat. remedies include medicines and cognitive behavioral therapy.
However, people with tension problems regularly have excessive, immoderate, and persistent fear and fear about normal situations. regularly, anxiety issues involve repeated episodes of sudden emotions of extreme tension and fear or terror that reach a peak within mins (panic attacks).
Anxiety disorders, along with OCD, panic problems, phobias or PTSD are taken into consideration as a disability and may qualify for Social security incapacity benefits. those with anxiety can qualify for incapacity if they are capable of proving their tension makes it impossible to paint.
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The ________________________ is also known as the financial services modernization act.
The Gramm-Leach-Bliley Act is also known as the Financial Services Modernization Act.
The Gramm-Leach-Bliley Act is also known as the Financial Services Modernization Act of 1999. This is a federal law enacted in the United States in order to control the ways financial institutions deal with the private information of individuals.
The Gramm-Leach-Bliley Act's purpose was to remove legal barriers preventing financial institutions from providing insurance, banking, investment and insurance services together. Thus, the Gramm-Leach-Bliley Act's ensured that financial institutions, including mortgage brokers and lenders, protect non-public personal information of consumers.
Hence, the answer is given and explained above.
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In interest group formation, increasing the public goods will likely – the size of the group. increasing the selective benefits will likely – the size of the group.
Interest groups provide several benefits, including the ability to influence government change, offer the general public and political decision-makers invaluable resources in society.
An interest group is an officially structured collection of people or organizations that has come together due to common interests and is trying to sway public opinion in favor of those interests. Special interest organizations, pressure groups, and advocacy groups are other names for interest groups. Interest groups are thought of as modest social outgrowths that expand exponentially into larger organizations. These organizations influence the government, for instance, by proposing laws that favor a certain social group or society as a whole. By exerting pressure on legislators to enact their policies, these organizations achieve their goals.
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An investor is close to retirement and wants a short-term, low-risk investment with low liquidity. which investment meets these requirements? cd ira mutual fund stocks
Mutual fund investment meets these requirements.
What is Mutual fund?A mutual fund is an investment vehicle that is professionally managed and pools money from many individuals to purchase securities. The name is commonly used in the United States, Canada, and India, whereas similar structures in other parts of the world include the SICAV in Europe and the open-ended investment company in the United Kingdom.
Investing in Mutual Funds
High expense ratios and sales charges, managerial abuses, tax inefficiencies, and poor trade execution are all disadvantages.
Mutual Fund returns, like those of other asset types, are computed by calculating the increase in the value of your investment over time in comparison to the initial investment. Mutual Fund Net Asset Value represents its price and is used to calculate returns on your Mutual Fund investments.
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Answer:
CD
Explanation:
A CD would be the best investment for someone who is close to retirement and wants a short-term, low-risk investment with low liquidity.
The market risk premium is the additional return that investors require to invest in blank______ rather than blank______.
The market risk premium is the additional return that investors require to invest in the market portfolio rather than treasury bills.
What is a market risk premium?The market risk premium (MRP) is the difference between a market portfolio's projected return and the risk-free rate. The slope of the security market line (SML), a graphical representation of the capital asset pricing model, equals the market risk premium (CAPM).The market risk premium is the extra return required by investors to invest in a market portfolio rather than treasury bills.The distinction between a market-risk premium and an equity-risk premium is based on scope. The market risk premium is the excess return on an index or portfolio of investments over the risk-free rate.Therefore, the market risk premium is the additional return that investors require to invest in the market portfolio rather than treasury bills.
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An accountant who works for a single business or government agency is referred to as a?
An accountant who works for a single business or government agency is referred to as a private accountant.
A private accountant works for the benefit and gain of a specific business or government agency. Private accountants work is to review their client's internal business documents and work with financial managers in order to plan budgets and evaluate fiscal performance.
Private accountants are also called internal accountants, as they work for a single company. In a company, their work is to prepare and analyze reports for an internal manager.
Hence, a private accountants work is then analyzed and reviewed by a public accounting firm.
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What is the effect on net income for the current year if a company fails to record a purchase of materials in transit (fob shipping point) but includes the materials in physical inventory at year-end?
Net income is overstated.
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period.
Your gross income less any deductions made by your company or the government from your paycheck is your net income. Take-home pay is another term for net income. Your company will subtract federal, state, local, Social Security, and Medicare taxes while processing your paycheck.
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In what situations would you seek short-term financing? In what situations would you seek long-term financing?
Financing is a need for every business. Firms or businesses often need to pay for their expenses, assets, equipment, pay salaries, and other important items. Financing can be either short-term financing or long-term financing. The difference between the two is of time and purpose of use.
Short-term financing and situation to seek short-term financing:
Short-term financing refers to sources of finance normally less than a year. Short-term financing is also known as working capital financing. Usually, businesses or firms seek short-term financing when they face uneven cash flow into their business, to meet the seasonal pattern of business, pay salaries, hire new staff, daily supplies, urgent need of quick cash, or purchase raw materials for the short term.
Long-term financing and situation to seek Long-term financing:
Long-term financing refers to sources of finance that exceed more than a year. Normally, the duration of long-term financing is 5,7,10, and 15 years. The sources of long-term financing are bank loans, bonds, leasing, and debt finance. Businesses or firms usually seek long-term financing when they needed to acquire new equipment, do research and development, enhance cash flow, and company expansion.
It is noted that long-term financing is more expensive than short-term financing.
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In situations where you need funds to cover temporary cash flow shortages, meet seasonal demands, or address emergency expenses, you would seek short-term financing.
Examples include obtaining a line of credit, invoice factoring, or taking a short-term loan. Short-term financing typically has a repayment period of less than one year.
On the other hand, you would seek long-term financing in situations where you need funds for long-term growth, expansion projects, or acquiring fixed assets such as property, plant, and equipment.
Examples include obtaining long-term loans, issuing bonds, or raising equity capital. Long-term financing generally has a repayment period of more than one year.
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If the units produced exceed unit sales, which method would you expect to show the higher net operating income, variable costing or absorption costing? why?
Absorption costing is expected to show higher net operating income.
Why does this happen ?As, absorption costing often displays larger net operating income than variable costing if output surpasses sales. Inventory levels rise when output outpaces sales, and a portion of the fixed manufacturing overhead cost for the current period is delayed in inventory to the following month due to under-absorption. In contrast, variable costing automatically deducts all of the current period's fixed production overhead costs.
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A food worker slices watermelons for a buffet. What is the maximum amount of time that he may wear the same pair of single-use gloves as long as they are intact?
The maximum amount of time that he may wear the same pair of single-use gloves as long as they are intact is: 4 hours.
Maximum amount of time to wear the same pair of single-use glovesIf a food worker is carrying out the same activities it is of necessity to replace the gloves every four hours so as to prevent pathogens from growing on the gloves which can be harmful to the health.
Based on this whenever food worker gloves become infected , the gloves they must be changed.
Example of pathogens are:
VirusesBacteria'sFungi ParasitesTherefore the maximum amount of time that he may wear the same pair of single-use gloves as long as they are intact is: 4 hours.
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In a(n)____, one company, or even a small group of cooperating companies has control of the supply of a product or service.
In acquisition, one company, or even a small group of cooperating companies has control of the supply of a product or service.
The term mergers and acquisitions (M&A) refers to business transactions where the ownership of corporations, other businesses, or their operating units is transferred or combined with another entity.
M&A can help businesses expand or contract, change the character of their operations, or improve their competitive position as a component of strategic management.
Legally speaking, an acquisition is when one entity buys the stock, equity interests, or assets of another business. A merger, on the other hand, is the legal fusion of two entities into one.
From a business and economic perspective, these kinds of transactions typically lead to the consolidation of assets and liabilities into a single organization.
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In a small open economy with a floating exchange rate, an expansionary fiscal policy?
In a small open economy with a floating exchange rate, the trade rate will upward push, but income will remain unchanged.
Below a floating exchange fee the upward thrust in interest quotes will cause an growth within the price of the foreign money. The growth inside the fee of the home foreign money will reduce net exports, worsening the consequences of crowding out. therefore monetary policy is less powerful with floating trade rates.
While the authorities takes an expansionary financial method, this will increase interest quotes because the authorities has to promote bonds to raise the money it wants to spend; in flip, this attracts overseas capital and the demand for dollars, and ultimately increases the exchange charge.
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The trade rate will upward push, but income will remain unchanged.
When the government takes an expansionary financial method, this will increase hobby charges because the authorities has to sell bonds to elevate the money it desires to spend; in flip, this attracts foreign capital and the call for for greenbacks, and ultimately increases the trade fee. Beneath a floating exchange price the upward push in interest .
Charges will lead to an increase in the value of the foreign money. The growth within the value of the home foreign money will lessen internet exports, worsening the results of crowding out. as a consequence fiscal policy is less effective with floating change rates.
Trade refers to the voluntary exchange of goods or services between economic actors. Since transactions are consensual, trade is generally considered to benefit both parties. In finance, trading refers to the purchase and sale of securities or other assets.
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Ge's recall of 3. 1 million dishwashers cost the company more in repairs than the value of the actual dishwashers. This is an example of which quality principle?
Ge's recall of 3. 1 million dishwashers cost the company more in repairs than the value of the actual dishwashers. This is an example of the quality principle where the cost of poor quality is underestimated.
As the dishwashers are of poor quality, the cost of the company is going more in repairs than the value of the actual dishwashers. Thus, the cost of poor quality is defined as the costs associated with providing poor quality products or services.
Such inferior quality products or services can lead to dissatisfaction among the customers, resulting in lost revenue and decreased customer loyalty.
Hence, this is an example of the quality principle where the cost of poor quality is underestimated.
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The more ________ used, the greater the leverage a company employs on behalf of its owners.
The more "DEBT" used, the greater the leverage a company employs on behalf of its owners.
What is DEBT?A debt is something that one party borrows from another, typically money. Many businesses and people utilize debt to finance significant expenditures that they would not normally be able to afford.
Some characteristics of DEBT are-
An agreement to borrow money with the need that it be repaid at a later time, typically with interest, is known as a debt arrangement.Debt is money that one party borrows from another.Many businesses and individuals utilize debt as a means of financing significant purchases that they would otherwise not be able to make.In a financial agreement based on debt, the borrowing party is granted permission to borrow funds subject to the need that they be repaid at a later time, typically with interest.The four primary forms of debt are secured, unsecured, revolving, and mortgaged.Bonds are a type of debt that businesses issue to raise money.To know more about debts, here
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You want to buy 1,000 canadian dollars. bank c's quotes for usd/cad are 0.92 (bid) and 0.95 (ask). how much us dollars you should pay?
You should pay $1,086.96 in US dollars.
USD/CAD Currency PairUSD/CAD is the abbreviation for the U.S. dollar versus the Canadian dollar currency pair. The quotation given for the USD/CAD currency pair suggests to the reader how many Canadian dollars are needed to purchase one U.S. dollar.
Trading the USD/CAD currency pair is also learned as trading the "loonie," which is the word for the Canadian one dollar coin, which shows its namesake bird. The USD/CAD is also one of the most fluid and actively sold pairs in the forex market.
Although the USD/CAD currency pair has achieved parity at different points in history (i.e. 1:1), the U.S. dollar has traditionally been the more powerful of the two currencies. The USD/CAD currency pair is actively traded as there are significant relations ties between the two countries.
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_____ refers to the steps taken by governments to limit the convertibility of one currency (usually its own) into others, usually in an effort to limit imports.
Currency Control refers to the steps taken by governments to limit the convertibility of one currency (usually it's own) into others, usually in an effort to limit imports.
Exchange Control, Exchange Control, or Exchange Control refers to restrictions applied by some governments to prohibit or restrict the purchase and sale of foreign currency by residents and/or the purchase and sale of local currency by non-residents.
Exchange controls are primarily introduced by governments concerned that free convertibility may lead to unwanted currency appreciation or fluctuations, also known as the purpose of "trade competition and macroprudential". Exchange controls often pose serious challenges to international business by interfering with cash transactions and making financial instruments more difficult to use.
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The _____ is a major source of citizen entitlements for the indigent, unemployed, aged, persons with disabilities, and children and families.
The "Social Security Act of 1935" is a major source of citizen entitlements for the indigent, unemployed, aged, persons with disabilities, and children and families.
What is Social Security Act of 1935?A permanent national aged pension system was established by the Social Security Act (August 14, 1935), the first piece of U.S. legislation; later, the system's benefits were expanded to cover dependents, the disabled, as well as other groups.
Some characteristics of Social Security Act of 1935 are-
Francis E. Townsend's campaign for a $200 pension for everyone over 60 years old was supported by five million senior citizens who established nationwide Townsend clubs in the early 1930s in response to the Great Depression's economic effects. A committee on financial stability was established by President Franklin D. Roosevelt in 1934 to study the issue. After studying the committee's recommendations, Congress passed the Social Security Act in 1935, which established old-age benefits that would be paid for by a payroll tax on both employers and employees.The Social Security Act has indeed been modified on occasion, attempting to keep up with inflation by raising taxes, increasing the number of workers enrolled, and extending the types of coverage available.To know more about Social Security Act of 1935, here
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Barrier islands make __________ sites for real estate development because __________. Group of answer choices good; they are made of rock and are quite stable good; they provide excellent scenery poor; they are unstable and often mobile poor; they can be overrun by storm surges poor; they are unstable and often mobile; poor; they can be overrun by storm surges
Barrier islands make poor sites for real estate development because they can be overrun by storms. Barrier islands are exceptionally flat or lumpy coastal landforms and a type of dune system. areas of sand that form parallel to the mainland coast due to wave and tidal action.
Barrier islands are usually found in groups of several islands, ranging from a few to more than a dozen. They change with storms and other action, but they absorb energy, protect coastlines, and create areas of protected waters where wetlands can thrive. Barrier islands can stretch for more than a hundred kilometers.
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What is available to maintenance technicians to reduce the complexities of maintenance tracking?
"Preventive maintenance" is available to maintenance technicians to reduce the complexities of maintenance tracking.
What is preventive maintenance?Regular preventative maintenance guarantees the smooth operation of your facility and gives you piece of mind.
Here are some advantages of preventive maintenance;
Extend the life of the asset: Possibly the most significant advantage of preventive maintenance is increased asset longevity. Maintaining your equipment will enable it to run longer and cost less.lower danger of failures: Preventive maintenance also has the important benefit of lowering the risk of breakdowns. In actuality, a decreased chance of breakdown is the primary cause of the majority of the advantages stated here.Boost performance: Equipment that receives regular preventative maintenance not only lasts longer, but also operates more effectively. Overall Equipment Effectiveness, or OEE, is a popular KPI for maintenance management that gauges productivity.Reduce unscheduled downtime: Machine downtime is unavoidable when maintenance is being done, whether you elect to use reactive or preventive maintenance. However, by planning maintenance ahead of time with a preventative maintenance strategy, downtime can be considerably decreased.To know more about preventive maintenance, here
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A ______ the supply curve represents a change in supply while a ______ the supply curve represents a change in the quantity supplied
A shift of the supply curve represents a change in supply while a movement along the supply curve represents a change in the quantity supplied.
Supply is defined in economics as the total amount of a specified product or service offered to consumers by a supplier at a specified time and price level. This is usually determined by market movements. For example, increased demand may prompt suppliers to increase supply.
In economics, supply is the number of goods that an individual or firm makes available in the market. This refers to the amount you are producing at a particular point in time. For example, if Apple made 100 of its iPhones, that would be the product to be launched. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.
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Any factor that leads businesses to collectively expect lower rates of return on their investments?
If there is a factor that leads to businesses collectively lowering rates of return on investments, this reduces investment demand.
What happens when investment yield falls?A fall in investment yield refers to when companies lower earnings expectations from investments.
This could be as a result of any number of factors such as political laws changing, the economy facing a downturn, or technological factors that lead to lower production.
The result of this would be that companies in general would try to avoid more investments as these would require more money from them, while bringing in less money in return.
As we know, the goal of a company is to make more returns for its owners so if investments are collectively expected to bring in lower rates of returns, businesses would simply demand less of those investments.
In conclusion, collectively lower rates on investments leads to lower investment demand.
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The present value of $121,000 expected one year from today at an interest rate (discount rate) of 10 percent per year is:_______
The present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is (C) $110,000.
What is the discount rate?The discount rate is the interest rate charged to commercial banks and other financial institutions for Federal Reserve Bank short-term loans. The interest rate used in discounted cash flow (DCF) analysis to assess the present value of future cash flows is referred to as the discount rate.The formula for Discount Rate: First, the present value is divided by the value of a future cash flow (FV) (PV) The previous step's result is then multiplied by the reciprocal of the number of years (n) Finally, the discount rate is calculated by subtracting one from the value. As an example, the present value of $121,000 projected to be received one year from today at a ten percent annual discount rate is $110,000.Therefore, the present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is (C) $110,000.
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The complete question is given below:
The present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is:
A) $121,000
B) $100,000
C) $110,000
D) None of the above
When interest rates in the market rise, we can expect the price of bonds to ____
When interest rates in the market rise, we can expect the price of bonds to Decrease
What Is an Interest Rate?
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
An interest rate can also apply to the amount earned at a bank or credit union from a savings account or certificate of deposit (CD). Annual percentage yield (APY) refers to the interest earned on these deposit accounts.
Bonds have an inverse relationship to interest rates. When the cost of borrowing money rises (when interest rates rise), bond prices usually fall, and vice-versa.
At first glance, the negative correlation between interest rates and bond prices seems somewhat illogical.
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4. nancy billows bought a $7,000 desk at furniture.com. based on her income, nancy could only afford to pay back $700 per month. the charge on the unpaid balance is 3%. the u.s. rule is used in the calculation. calculate the balance outstanding at the end of month 2.
The computation of the balance outstanding at the end of the month 2 is shown below:
Month Due balance Interest Monthly Balance Outstanding
payment Reduction Balance
1 $7,000 $210 $700 $490 $6,510
($7,000 × 3%) ($700 - $210) ($7,000 - $490)
2 $6,510 $195.30 $700 $504.70 $6,005.30
($6,510 × 3%) ($700 - $195.30) ($6,510 - $504.70)
Outstanding balance definition :
An outstanding balance is the amount you owe on any debt that charges interest, like a credit card. Most often, it refers to the amount you owe from purchases and other transactions made with your credit card. It's also called your current balance.
Your outstanding balance is what you currently owe on your card and can include:
PurchasesCash advancesBalance transfersInterest chargesFeesCard issuers assign specific credit limits (spending limits) on your cards. Your outstanding balance helps determine how much much credit (money left to spend) you have available. To find out how much you have left, simply subtract your outstanding balance from your credit limit. Don't forget to include any charges that haven't shown up on your credit card account yet.
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A(n) __________ is a larger work segment comprised of several tasks that are performed by individuals.
A duty is a larger work segment comprised of several tasks that are performed by individuals.
A duty is a major subdivision of work which is performed by any one individual.
It includes similar tasks that make up one area of responsibility.
Duties consist of different tasks whereas different duties make up a single job for any individual.
Most of the jobs have four to eight duties.
For instance diffrent duities related to management services officer are:
Budgetary analysis
Budget control
Contract and grant administration
Supervision of personnel resources
Material management
Space utilization
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If price changes happen frequently, customers and consumers can become irritated or confused. an example like this is called a?
An example like this is called a menu cost.
A menu cost is a cost that a firm incurs due to its changing prices. Economists use menu costs when talking about the costs of changing nominal prices in general.
For instance, when a restaurant manager wants to change prices, the cost of changing the menus, in order to show the new prices must be taken into consideration. Thus, the manager will need to assess whether the increase in prices will cover for the cost of printing new menus.
Hence, a company should only consider changing its prices when the menu costs are less than the additional revenues.
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Which economic model reveals the variety of options for what to do with your scarce time? supply curve demand curve income distribution curve production possibilities curve
Production possibilities curve the economic model reveals the variety of options for what to do with your scarce time
This is further explained below.
What is the economic model?Generally, Economists use economic models to make predictions about economic behavior, which can then be verified against actual data. Because there are no objective metrics of economic results, an economic model must be subjective in construction.
In conclusion, The economic model's production possibilities curve demonstrates how many ways you can spend your limited time.
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Answer:
production possibilities curve
Explanation:
I got it right on my test!
A good's market price collapses all relevant information about its uses into one number.
a. true
b. false
The statement, a good's market price collapses all relevant information about its uses into one number, is true.
Market price is dependent on the interaction between the demand and supply components of a market. Demand and supply represent the willingness of consumers and producers to engage in buying and selling in market. Thus, a goods market price collapses all relevant information.
The price at which the quantity supplied equals quantity demanded is called the market price. As the price falls, the quantity demanded increases since consumers are now willing to buy more of the product at the lower price.
Hence, option A is correct.
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