The idea that social and economic inequalities must be to the greatest benefit of the least-advantaged members of society is called the difference principle.
Rawls' claim was that departures from equality of a list of primary goods.
Things which a rational man wants whatever is justified only to the extent that they improve the lot of those who are worst-off under the given distribution in comparison with the previous and equal distribution.
His position is at least in same sense, with a provision that inequalities are allowed only when they benefit the least advantaged.
An important consequence of Rawls' view was that inequalities can actually be as long as they are to the benefit of the least.
His argument for the given position defines heavily the claim that morally arbitrary factors should not determine life chances of the person or opportunities given to someone.
Rawls was also determined to an intuition that a person does not morally deserve their inborn talents.
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If an economy's population grows at 3 percent and real gdp grows at 2 percent, then:________
If an economy's population grows at 3 percent and real gdp grows at 2 percent, then per capita real GDP is declining
What is 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 complicated and subjective nature, this metric is frequently changed before it can be deemed a valid indicator.
Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.
Following a 6.9 percent gain in the fourth quarter of 2021, real GDP fell at an annual rate of 1.6 percent in the first quarter of 2022.
GDP is the sum of consumer expenditure (of households, NPISHs, and general government), gross fixed capital formation, inventory changes, and exports of goods and services, less the value of government debt.
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When preparing for a night flight, what should an sUAS pilot be aware of after assembling and conducting a preflight of an aircraft while using a bright flashlight or work light?
What an sUAS pilot should be aware of after assembling and conducting a preflight of an aircraft while using a bright flashlight or work light: It takes approximately 30 minutes for a persons eyes to fully adapt to darkness.
Who is a pilot?A pilot is a person that fly an aero plane and to be qualify as a pilot the person must have all the necessary skills, must have meet all the requirement and must have undergone training before the person can be qualified to fly an aero plane.
Hence, what an sUAS pilot should be aware of after assembling and conducting a preflight of an aircraft while using a bright flashlight or work light: It takes approximately 30 minutes for a persons eyes to fully adapt to darkness.
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What other option could the fed pursue—rather than permanently transferring the ownership of securities—to achieve its goal?
The Federal Reserve has also launched some reverse repos, effectively lending money to borrow money from commercial banks, rather than permanently transferring ownership of securities to achieve its objectives.
The Federal Reserve is the central banking system of the United States. On December 23, 1913, the Federal Reserve Act was passed and created after a series of financial panics created a desire to centralize the monetary system to mitigate financial crises.
The US central banking system - the Federal Reserve or Fed - is the most powerful economic institution in the United States and possibly the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.
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Since the 1950s, the natural rate of unemployment in the united states has: group of answer choices remained relatively constant. increased steadily. decreased steadily. risen and fallen.
Since the 1950s, the natural rate of unemployment in the United States has risen and fallen over time.
Since the 1950s, the United States economy grew overall by 37% where the unemployment remained low, about 4.5%. Thus, at the end of the decade, the median American family had about 30% more purchasing power than at the beginning as their income grew with time, and this has risen and fallen over time.
It is estimated that since the 1950s, the natural rate of unemployment rose which was highly driven by strong wage growth rather than a rise in inflation level.
Hence, option D is correct.
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1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a named government the strategies used to manage the country?s debt 3. Briefly evaluate whether the policies were successful.
A debt crisis in one country can, and frequently does, cause economic suffering in other countries, whether in the private sector or the government. A tightening of financial circumstances, such as an increase in interest rates, a slowdown in trade and economic growth, or even just a sharp drop in confidence, might cause this.
What is economic crisis ?It is a point in the economic cycle when an economy experiences long-term challenges. A sharp downturn in the nation's economic performance is evident in falling output and demand, rising unemployment, and corporate bankruptcies. This will inevitably result in a significant level of poverty throughout the nation.What is economic growth?A society's ability to generate and consume more and better economic goods and services is known as economic growth. Even if the definition of economic growth is simple, measuring it is really challenging. It's crucial to remember that growth is not defined by increases in household income or inflation-adjusted GDP; similarly, life expectancy is a metric of population health but is by no means the definition of population health.Learn more about economic crisis here:
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What are the considerations that a researcher should take into account when designing a questionnaire?
A good questionnaire should be valid, dependable, clear, concise, and engaging.
A questionnaire is distinguished by two primary goals. It must convert the information required by managers into a question format. Second, the questions must be written in a clear way that the respondents will understand and be willing to answer them.
Incomplete interviews rarely yield useful insights, so the researcher should strive to reduce respondent disengagement as much as possible. It is critical to design the questionnaire around a conceptual framework, examine each question for clear relevance and clarity, and consider the analysis you will conduct at the end of the day.
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When estimating a sharpe ratio, would it make sense to use the average excess real return that accounts for inflation?
When estimating a Sharpe ratio, it makes sense to use the average excess real return that accounts for inflation the geometric return represents a compounding growth number and would inflate the annual performance of the portfolio.
As a rule of thumb, a Sharpe ratio above 0.5 is marketplace-beating performance if finished over the longer term. A ratio of one is top-notch and hard to attain over lengthy durations of time. A ratio of zero.2-zero.3 is in keeping with the wider marketplace.
In finance, the Sharpe ratio measures the performance of investment together with protection or portfolio as compared to a risk-unfastened asset, after adjusting for its risk.
It facilitates traders to perceive the threat level and changed the return rate of all mutual price ranges. This gives a clean image to the investors, and they get to recognize if the threat they take is giving top returns or not.
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When an operation reaches its break-even point the operation's revenue will equal its?
When an operation reaches its break-even point the operation's revenue will equal its fixed plus variable expenses.
Within your budget, fixed expenses are those that never fluctuate, albeit they could periodically. Depending on the kind of expenditure, fixed expenses are paid on a regular basis and may vary somewhat, alter dramatically, or remain constant.
Regular fluctuations in variable expenses might be caused by daily decisions you make. Variable expenditures, in contrast to fixed expenses, can be unpredictable and fluctuating, but that doesn't mean they aren't required; many necessities fall into this category.
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What type of policy does the federal reserve use to counteract an over-heated economy with demand-pull inflation? uizlet
A tight monetary policy refers to a central bank policy aimed at cooling down an overheated economy and features higher interest rates and a tighter money supply.
What does it mean when the economy is overheated?
When an economy's capacity for production cannot keep up with rising aggregate demand, the economy overheats. It is typically characterized by economic growth that is occurring at an unsustainable rate and is below average. Overheated economies are a common feature of boom times.
How do you stop an economy from overheating?
An additional method of slowing economic growth is via raising interest rates (monetary policy). Because higher interest rates encourage consumers and businesses to save more and spend less, this lowers the level of demand in the economy.
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Ngu owns equipment that cost $104,300 with accumulated depreciation of $71,200. ngu asks $37,700 for the equipment but sells the equipment for $34,800. compute the amount of gain or loss on the sale
Gain on sale of equipment = $1700 By Extracting Information.
The gain or loss on sale of an asset used in the business is the difference between 1) the amount of cash received by the business and 2) the carrying value (book value) of the asset at the time of sale.
The disposal account is the profit or loss account shown in the income statement that records the difference between the proceeds of disposal and the net book value of the asset being sold.
A gain on sale of assets arises when an asset is sold in excess of its carrying amount. Carrying value is the purchase price of an asset less subsequent depreciation and impairment losses. Profit is classified as a non-operating item on the sales company's income statement.
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If an asset costs $140000 and is expected to have a $20000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $20000 each year, the cash payback period is:_____.
If an asset costs $140000 and is expected to have a $20000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $20000 each year, the cash payback period is 7 years.
To apply the coins payback technique, honestly divide the value of the capital improvement or funding with the aid of the brand new cash it's far expected to generate or store each year. This must give you a bring about years.
In simple terms, the payback length is calculated by using dividing the cost of the funding by way of the once-a-year coins going with the flow until the cumulative cash flow is effective, which is the payback year.
The payback period is expressed in years and fractions of years. for instance, if a corporation invests $300,000 in a new production line, and the manufacturing line then produces an advantageous cash drift of $ hundred,000 according to 12 months, then the payback length is three.zero years ($three hundred,000 preliminary investment ÷ $100,000 annual payback).
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True or false?
While good communicators make good employees, they don't make good leaders.
The given statement is false. While good communicators make good employees, they make good leaders.
What do you mean by leader?
A business leader is someone who inspires a team to work together toward a single objective. This can be a high-ranking official like the editor-in-chief of a newspaper, a vice president, or the chief executive officer of a sizable corporation.
A team leader or a salesperson who is lower on the corporate ladder is another possibility. To put it another way, anyone with the necessary skills, regardless of their position in a company or organization, may be a business leader. You don't have to be a billionaire to be one.
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A consumer purchased a winter coat because the inside lining was made of a soft material. One type of benefit that was purchased was??
A consumer purchased a winter coat because the inside lining was made of a soft material. One type of benefit that was purchased was sensory benefit.
While purchasing a winter coat the consumer saw the quality of the product and whether this product matched his preferences. So the customer touches the material of winter coat to check its softness and then purchased the product. Thus, this refers to the sensory benefit.
Marketers use the method of sensory benefit in order to promote their products in such a way that they appeal to the emotions of buyers. So it becomes more of an emotional response rather than a need born of necessity.
Hence, the answer is given and explained above.
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___________ refers to the exponential growth in the volume, variety, and velocity of information and the development of complex, new tools to analyze and create meaning from such data.
Big data refers to the exponential growth in the volume, variety, and velocity of information and the development of complex, new tools to analyze and create meaning from such data.
Big Data is a collection of that data which is huge in volume, but still it is growing exponentially with time. Big data is a data with so much large size and complexity.
Traditional data management tools cannot store it or process it efficiently. Big data is also a data but with a very huge size.
The New York Stock Exchange is an example of Big Data which generates about one terabyte of new trade data per day.
Following are the three types of Big Data:
Structured
Unstructured
Semi-structured
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________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
Informational appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
Informational Appeals: What are they?It enables you to highlight the merits of the product and the advantages customers will experience after purchasing it. It is a powerful strategy for convincing people that they need and can use your product. Con: Informational ads may be tedious.What types of appeals are there?The city's mayor urged its residents to maintain their composure.We contributed to the school's annual appeal. She participated in the planning of an appeal for the homeless. My attorney advised that we seek an appeal because the court's ruling was incorrect.Learn more about Informational Appeals here:
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Stephanie's broker executes the limit order to buy 100 shares of a stock at $23.50 on august 12, 2020, a wednesday. when will stephanie obtain ownership of the 100 shares
Stephanie obtain ownership of the 100 shares on august 14, 2020.
What is shares?A share is a financial market unit used in mutual funds, limited partnerships, and real estate investment trusts. The term "share capital" refers to all of an enterprise's shares. The owner of company stock is a shareholder of the corporation.
A company's shares signify its ownership. When a person purchases stock in your company, they become a shareholder. Shareholders elect who manages a firm and participate in critical decisions such as whether a company should be sold.
Your share is the portion of something to which you are entitled or accountable. A share is when you are entitled to half of a property.
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What is the ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position?
The ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position is called competitive rivalry.
Aggressive competition is the continued set of aggressive moves and competitive responses that occur amongst corporations as they maneuver for an nice market position. competitors are firms running in the equal market, supplying similar merchandise, and concentrated on similar customers.
Creates a positive picture of your emblem or product: Positioning in advertising lets in you to influence how others view your product. in case you create materials that show the product in a effective light, customers may partner you this, that may result in extra purchases.
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How will a drastic fall in the price of necklaces affect the quantity of necklaces that rachel supplies? explain your answer. 12pt
Price and quality exist positively correlated. A drastic fall in the price of a necklace shows a drastic fall in its quality.
What is price?
A price exists as the quantity of payment or compensation provided by one group to another in return for goods or services. In some situations, the price of production has various names. If the product exists as a "good" in the commercial exchange, the payment for this product will likely be named its "price".
A positive correlation exists as a connection between two variables that move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable declines or one variable increases while the other increases. A positive correlation indicates that both variables change in the same direction. A negative correlation indicates that the variables change in opposite directions. A zero correlation signifies there's no association between the variables.
Price and quality exist positively correlated. The price of a product stands as a good indicator of its quality. You always have to spend a bit more for the best. The marketing literature has managed the usage of price as a surrogate for quality as a decision-making heuristic. That exists; the higher the price, the higher the quality.
Therefore, a drastic fall in the price of a necklace shows a drastic fall in its quality.
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If congress increases taxes to balance the federal budget, then to prevent unemployment and a recession the fed will:______
If congress increases taxes to balance the federal budget, then to prevent unemployment and a recession the fed will buying bonds to increase the money
The first step in the yearly process is for Congress to enact a budget resolution that establishes a framework and overall spending caps. The Senate and the House of Representatives each prepare their own budget resolution in Congress, as is the case with the majority of its actions. Each chamber votes on the same resolution that combines the two ideas. The budget given for federal agencies is split among 12 subcommittees by the appropriations committees of each house. Each subcommittee is in responsibility of allocating funds to the agencies involved in various aspects of government spending, including defense, energy and water, interior, and environment.
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How divisional wacc will be calculated for both exploration and production and refining?
Divisional WACC will be 8.13%
What is Divisional WACC?The divisional or project weighted average cost of capital (WACC) is the hurdle rate or discount rate used to evaluate divisions or projects that have a different risk than the company's overall risk, which includes all projects and divisions.
The weighted average cost of capital (WACC) measures a company's total cost of capital, including common stock, preferred stock, bonds, and other kinds of debt.
In theory, WACC indicates the cost of raising an additional dollar. A WACC of 5%, for example, suggests that the corporation must pay an average of $0.05 to obtain an additional $1. This $0.05 could represent the cost of debt interest or the dividend/capital return demanded by private investors.
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When managers give instructions to front-line employees, they should follow the indirect strategy.
a) true
b) false
False, they should not follow the indirect strategy.
What is indirect strategy?The indirect method relies on generating turning points that lead foes to lose momentum that they can never recoup. Every contract, like a fight, has a vital moment or turning point that determines who wins and who loses. Information can be utilized in sales to create turning points that eliminate competition.
Superior forecasting, reporting, and analysis are required in large businesses. The indirect technique has the advantage of respecting the audience's sensitivities.
The evidence is provided first in the indirect way, leading to the main idea. This is an inductive reasoning. This method is best if your audience is likely to be upset or resistant to what you have to say.
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Executives who coach, advise, and encourage individuals of a lesser rank are referred to as?
Executives who coach, advise, and encourage individuals of a lesser rank are referred to as mentors.
A mentor is a seasoned executive who helps you grow your skills, gain new perspectives, and make better decisions on your life and career. They guide individuals of a lesser rank by building trust and modeling positive behaviors.
Through Mentoring an individual offers professional expertise as well as support to a less experienced colleague. Thus, they share information about his or her own career path, as well as provide guidance, emotional support, motivation, and role modeling.
Hence, mentors play an important role in building up careers.
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Economists who hold to neoclassical views are most aptly described as ________ .
The Economists who hold to neoclassical views are most aptly described as believers in laissez-faire. A specialist in economics examines the connection between a society's resources and its output or production. The Economists research a variety of social systems, including local communities, entire countries, and even the global economy.
A wide range economic policies, including interest rates, tax laws, employment programmes, the international trade agreements, and company strategy, are shaped in part by the professional judgement and research findings of economist. The Economists and the government can respond to the future course of the economy using the theories of economists.
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_______ consumers in the united states have increasing influences on mainstream u. S. Culture, and the buying power of this group is projected to reach $1. 3 trillion in 2015.
Hispanic consumers in the U.s. have an increasing influence on mainstream U. S. Culture.
What is the Hispanic consumer?Hispanic customers are more probable to encounter unique shopping actions, such as shopping online for the first time or buying from new retailers. Categories such as home furnishings and décor and apparel and accessories have moved Hispanics online for the first time to shop for these articles.
Successful Hispanic marketing movements take proper planning, rehearsal, and a profound understanding of the Hispanic market. By factoring in language choices, cultural values, compelling creative messaging, and target audience into account, your company can effectively position itself within the Hispanic market.
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If the quantity of bananas sold increases by 5 percent when the price decreases by 10 percent, the price change occurs in the?
-0.5% (inelastic) is the price change that occurs if the quantity of bananas increases by 5% when the price decreases by 10%
The formula to calculate the change in price is,
Price elasticity = Sales increase/ Price decrease
So, if the quantity of bananas sold increases by 5% when the price decreases by 10% the change in price will be -0.5 (inelastic)
Price elasticity= 5%/ - 10% = - 0.5 (inelastic)
It is advisable to raise the price to generate more money when demand is inelastic. Lowering the price is good when demand is elastic.
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As a project is crashed and project duration is reduced, indirect costs typically.
As a project is crashed and project duration is reduced, indirect costs generally: Decrease.
Project crashing in undertaking management is a method used to speed up a project's timeline by adding extra resources without changing the scope of the project.
When should a project be crashed?Your team might be required on other projects or at least a particular subject topic expert might be. Crashing your program is one way to free up certain resources more fast. You could look at crashing a workstream so that your required resources are open for other tasks or projects.
What is the purpose of crashing a project?The main goal of hitting a project activity is trimming a project while keeping costs at a minimum. It's about easing the schedule as much as possible for the least quantity of money.
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Why would a tax reduction thought to be temporary not increase present consumption spending and aggregate demand as much as expected
A tax reduction thought to be temporary would not increase present consumption spending and aggregate demand as much as expected B. Because people are preparing for the expected higher tax rate in the future.
What is a tax reduction?A tax reduction is a government program or policy that enables individuals and businesses to reduce their tax burdens or resolve their tax-related payments.
A tax reduction reduces the total taxable income and the tax liability and payments.
Some tax reduction programs include allowing charitable donations and granting tax credits for children, etc.
Thus, a temporary tax reduction may not increase consumer spending and aggregate demand as expected because taxpayers still expect to pay higher taxes in the future.
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Question Completion with Answer Options:A. Because tax changes do not change consumption spending and aggregate demand
B. Because people are preparing for the expected higher tax rate in the future
C. Because people might be anticipating deeper tax cuts in the future
D. Because a change in taxation would influence investment, not consumption spending
When a company guarantees the payment of debt owed by a supplier, customer or another company, the guarantor usually discloses the guarantee as a _ liability.
When a company guarantees the payment of debt owned by suppliers, customers, or another company, the guarantor usually discloses the guarantee as a contingent liability.
When a company ensures the payment of a debt owed by using supplies, customers, or some other organization. The guarantor generally discloses the guarantee in its monetary statement notes as a contingent liability. If it is possible that the debtor will default, the guarantor desires to record and report the guarantee in its financial declaration as liability
An assurance occurs when an entity accepts responsibility for an obligation if the party with primary duty is unable to settle the responsibility. It is most generally given to a related party, in which the guarantor has an interest in the financial success of the related party.
Credit guarantees, trade and exchange rate guarantees supplied by the state, and state insurance schemes such as deposits, crops, floods, minimum returns from pension funds, etc., are also in the category of explicit contingent liabilities.
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A form that explains any deduction, other than a check , from a checking account is called:________
A form that explains any deduction, other than a check, from a checking account, is called a bank reconciliation statement.
A bank reconciliation statement is a summary of banking and commercial enterprise pastime that reconciles an entity's financial institution account with its economic records. The announcement outlines the deposits, withdrawals, and different sports affecting a bank account for a selected length.
Bank Reconciliation assertion is a statement which records variations between the financial institution declaration and general ledger. the quantity special within the bank assertion issued via the bank and the amount recorded in the corporation's accounting ebook maintained by using Chartered Accountant may range.
Bank reconciliation announcement (BRS) includes the process of figuring out the transactions personally and healthy it with the financial institution declaration such that the last stability of bank in books matches with the financial institution announcement.
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Why does welsh imply that the authenticity of the dance is brought into question because of global sharing?
Irvine Welsh (born 27 September 1958) is a Scottish novelist, playwright and short story writer. His 1993 novel Trainspotting was made into a film of the same name. , Welsh says dance, music and its surrounding culture remain a major influence on his work.That is why he imply that the authenticity of the dance is brought into question because of global sharing?
When dance forms become globalized, the question of whether or not the style can maintain its authenticity is raised. This, in turn, raises the question of what it means to be culturally authentic in the first place, as well as whether or not a style of dance can truly be possessed by a person or people.
Dance is a deeply personal art form, steeped in traditions, emotions, and experiences. Authenticity is what keeps dance alive.
It's clear that authenticity is one of the most important values in our society - but it means different things to different people.For dancers, authenticity isn't just some word to be tossed around.
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