Answer:
lnQ=C 1.29 + -0.07 lnP + -0.03 lnM
c. Demand will fall by nearly 1% and income elasticity is significantly less than zero.
Explanation:
Income elasticity is a major factor which impact the demand of a product. It measures the change in quantity demanded due to change in income. In the given scenario the demand for product will decline due to change in income. The income elasticity is smaller there will not be major change in demand but there will be some impact observed on the quantity demanded.
a prestigious university wants to estimate the average starting salary of its graduates. the alumni outreach department sends an email to the most recent address they have on file for every graduate. the email asks the graduates to participate in a survey about their employment history and starting salary. which of the following is not a legitimate concern about their survey results being representative of all graduates?
The email asks graduates to participate in survey about their employment history and the starting salary is not legitimate concern about their survey results being representative of all the graduates.
What is employment?Employment is a two-person relationship that controls how paid labor services are provided. In line with the terms of a contract, one party—the employer—pays the other—the employee—for performing the task that has been assigned to them. The employer could be a business, a not-for-profit organization, a cooperative, or any other type of institution. Employees are paid for the work they do, which might take the form of an hourly wage, piecework compensation, or an annual salary, depending on the type of work done, the industry circumstances in force, and the parties' ability to negotiate. Employees may receive stock options, bonuses, or gratuities in some sectors of the economy. In some jobs, in addition to pay, employees may also earn benefits.
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North Incorporated is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the following bonuses for certain employees for financial accounting purposes. . • $7,500 for Lisa Tanaka, a 30 percent shareholder. • $10,000 for Jared Zabaski, a 35 percent shareholder. $12,500 for Helen Talanian, a 20 percent shareholder. $5,000 for Steve Nielson, a 0 percent shareholder. . Unless stated otherwise, assume these shareholders are unrelated. How much of the accrued bonuses can North Incorporated deduct in year 1 under the following alternative scenarios? (Leave no answer blank. Enter zero if applicable. Input all amounts as positive values.) a. North paid the bonuses to the employees on March 1 of year 2. Deductible accrued bonuses Year 1 b. North paid the bonuses to the employees on April 1 of year 2. Deductible accrued bonuses Year 1 c. North paid the bonuses to employees on March 1 of year 2 and Lisa and Jared are related to each other, so they are treated as owning each other's stock in North. d. North paid the bonuses to employees on March 1 of year 2 and Lisa and Helen are related to each other, so they are treated as owning each other's stock in North. Deductible accrued bonuses Year 1
($7,500 + $10,000 + $12,500 + $5,000) for the accrued bonuses, North may subtract $35,000.
What does it mean to be accrued?When referring to interest, profit, or expenses of a person or corporation, the verb "accrue" indicates to accumulate over time. For instance, interest builds up in a retirement fund over time, increasing the account's total balance.
Is accruing the same as unpaid?When a corporation accrues expenses, it signifies that its late payments are growing because the word accumulated means that increase or accumulate. Underneath the accrual method, costs are recorded when they are incurred, not necessarily when they're paid.
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A company wished to reduce costs on a product it manufactures. The company is considered a capital expenditure of $80,000, which would generate an annual net cash flow of $30,000 beginning in year one. Marketing has determined the product will be sold for three years after the new equipment is installed. The company expects an annual discount rate of 8%
a. $9,200
b. $3,600
c. $10,000
d. $2,688
If the company expects an annual discount rate of 8% then the cost would go down by 3,600$.
The discount rate for 2022 is what?The Federal Reserve Board gave its approval to a decision made by the board of directors of the Federal Reserve Bank of Kansas City on Wednesday to raise the bank's discount rate, or primary credit rate, from 1-3/4 percent to 2-1/2 percent, with effect from July 28, 2022.
What does "discount rate" in NPV mean?The discount rate is the interest rate that is used to reduce all future cash flows from an investment in order to calculate its Net Present Value (NPV). The feasibility of a project or investment can be determined using NPV. A positive NPV indicates that the venture is viable; otherwise, it is not.
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i applyed for a job what should i write for my cover letter
A cover letter is a particular type of letter that is attached with other documents and provides a summary of the contents of the other document. Think about submitting a cover letter together with your CV.
How should a Cover Letter be Written?An cover letter that you submit with your resume outlines your career goals and your qualifications for the position you're applying for. Below is a sample of a cover letter:
13 September,
Mr. Woodluck,
Shippers Agency,
New York.
Dear Mr. Woodluck,
Application for Internship Position
I am glad to find the opening for an internship slot at your organization. I am a dynamic graduate of accounting with tested experience of handling complex accounting transactions while maintaining positive results.
If I am considered for this role, I will bring forth my experience in computing which I have garnered through my undergraduate study.
Kindly find attached to this letter, my CV for your perusal.
Warm Regards,
Johnson Smith.
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A newspaper wants a saleswoman to increase her subscription sales. According to goal-setting theory, which of these goals will MOST likely to be effective in motivating this saleswoman?
O Sell 500 million subscriptions per week."
O Sell at least one subscription when you can."
O Sell five new subscriptions per week."
O The company believes you can sell a lot of subscriptions."
O Do your best to increase your sales - you can do it!"
A newspaper wants a saleswoman to increase her subscription sales. According to goal-setting theory, c) Sell five new subscriptions per week will MOST likely to be effective in motivating this saleswoman.
Setting goals entails creating an action plan that will inspire and direct a person or group toward that goal. Compared to desires and impulsive intentions, goals are more thoughtful. Setting objectives entails directing one's thoughts, feelings, and actions toward achieving the goal.
By doing this, the goal-setter creates a desired future state that is different from their current condition, resulting in a mismatch that motivates subsequent actions. Goal-setting guidelines (or rules), like the SMART criteria, can be used as a guide for setting goals.
In literature on management and personal growth, creating goals is a central theme. Most notably, studies by Edwin A. Locke and his associates have demonstrated that setting more ambitious and precise goals results in greater performance improvement.
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A young man believes he has to buy all the newest and most expensive items. When he gets tired of his car or phone, he buys a new one. He is engaging in ______.
A young man feels pressured to buy everything that is brand new and pricey. He replaces them when they wear out, whether it's his phone or his automobile. Conspicuous consuming is something he's doing.
Give an explanation of conspicuous consumption.Conspicuous expenditure is the act of acquiring goods or services expressly to display one's affluence. Conspicuous consumption is a means to show off one's social standing when the goods and services are too pricey for other individuals in the same class to purchase.
Conspicuous consumerism includes things like driving a luxury car, wearing designer apparel, and buying expensive jewelry. It is evident from the aforementioned examples that ostentatious customers commonly acquire goods and services that are out of the price range of those in lower social classes (social status).
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You send follow-up emails after you apply for a job. What should a follow-up email do?
Confirm your interest.
Ask about pay and benefits.
Explain how bad your current job is.
Include a copy of your resume.
When follow-up emails are written after applying for a job, the follow - up email should A. Confirm your interest.
What is a follow - up email ?An email to a company you've previously contacted once is referred to as a follow-up email. You may want to send a follow-up email for a variety of reasons, including: Inform a recipient that an email has already been sent. Ask for details, a response, or a response. Remind someone of a crucial time or date (for an occasion, for instance).
Writing a nice follow-up email should primarily focus on being succinct, giving value, and including a call to action. By using these suggestions, you can start receiving responses and stop wasting time sending follow-ups that go unanswered.
A follow up email therefore confirms that you are interested in the company.
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the methods used to value identifiable intangible assets and intellectual property fall into three broad categories. which of the following is one of those categories?
Acceptable methods of the valuation of identifiable intangible assets and intellectual property fall into three broad categories. They are either market based, cost based, or based on estimates of future economic benefits.
Intangible rights, which are considered to be non-tangible physical objects, include intellectual property.They can convey information to another company or person because they are intangible, but they don't actually exist. Examples of intangible and intellectual property include software designs, brands, trademarks, and domain names.
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Marlene's taxable income is $95,000. Use this tax schedule to calculate the total amount she owes in taxes.
answer choices
$17,900.75
$20,710.75
$15,698.75
$12,888.75
Marlene's taxable income is $95,000. Marlene owes $20,710.75 total in taxes.
Any gross income that is used to determine how much tax you owe is referred to as taxable income. It is simply your adjusted gross income less any deductions, to put it simply. Included in this are any pay, tips, salaries, and bonuses received from employers.
$95,000 in taxable income falls within the following range:
The tax is $15,698.75 + 28 percent of the amount over $77,100 if taxable income is over that amount but under $160,850 otherwise.
95,000 - 77,100 = 17,900\s17,900 * 28% = 5,012\s5,012 + 15,698.75 = 20,710.75
Marlene owes $20,710.75 in taxes in total.
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the most desirable daypart for television where viewing is the strongest is time that runs from 8-11 pm est. peripheral late fringe prime post-prime early fringe
According to the network and time zone, prime time on television runs from 7:00 or 8:00 p.m. to 10:00 or 11:00 p.m. Prime time, which spans from 8 to 11 pm Eastern Standard Time, is the most attractive daypart for television.
The block of broadcast programming known as prime time or the peak time is when a television programme airs in the evening. The majority of the audience is adults (and sometimes families). The main television networks use it to air their evening programming for the season. Many times, the term "prime time" refers to a set time period, such as (in the United States) from 8:00 p.m. to 11:00 p.m. (Eastern and Pacific Time) or 7:00 p.m. to 10:00 p.m. (Central and Mountain Time). Prime time on television in India and some Middle Eastern nations refers to the shows that air between 8:00 p.m. and 10:00 p.m. local time.
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--------------------The correct question format is here -----------------
( Que ). ___________ is the most desirable daypart for television where viewing is the strongest is time that runs from 8-11 pm est.
-late fringe
-prime time
-Overnight
-early fringe
consider the following $1,000 par value zero-coupon bonds: bond years until maturity yield to maturity a 1 9.50% b 2 10.50 c 3 11.00 d 4 11.50
To get this, we apply the inferred forward rates to the face value of each zero. Therefore. Ages of maturity. Price. 1. 1000 / 1.0701 = $ 934.5.
What does the worth of $50 mean?Face value is the amount that is inscribed, stamped, or printed directly on the coin or piece of paper. The government designates a coin's face value as its price in order to make it a type of legal currency. Rounds are coins that do not have legal tender status and do not have a face value.
What are present value vs. face value?In essence: The worth of an anticipated (as in, you haven't received it yet) income stream as of the valuation date is known as the present value. The value that is typically paid to you at the maturity date is referred to as face value.
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the government granting jon, mark, and sarea each a patent for their respective bladeless fans would establish
The government granting Jon, Mark, and Sarea each a patent for their respective bladeless fans would establish protection for their invention.
What is a patent?A patent is an exclusive right given for innovation. In other terms, a patent is an exclusive right to a good or a process that typically offers a new method of doing something or a new technical fix for a problem. They also defend intellectual property.
A patent grants the owner of the invention the exclusive right to sell the invention for a higher price for 20 years while preventing anybody else from using, producing, or selling it. There are three different kinds of patents: utility, design, and plant. Anyone who creates a novel and useful process, device, the product of manufacture, or composition of matter may be given a utility patent.
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dalton company uses the allowance method to account for uncollectible receivables. dalton has determined that the irish company account is uncollectible. to write off this account, dalton should debit
The allowance approach is used by Dalton Company to account for uncollectible receivables. The Irish Company Account is Uncollectible, according to Dalton.
Briefing:-Dalton should debit Allowance for Doubtful Accounts and credit Accounts Receivable in order to write off this account..
When a corporation accounts for uncollectible receivables using the allowance method?The Allowance Method credits a contra-asset account called Allowance for Uncollectible Accounts and debits bad debt expenditure during the period that the sale is recorded. The Allowance is debited and Accounts Receivable is credited during the period in which a given account is found to be uncollectible.
What does the direct write-off technique for uncollectible accounts entail?The direct write-off method involves creating a journal entry to credit your accounts receivable account for the same amount and debit your bad debt account for the bad debt.
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TRUE/FALSE. it is not necessary for a job description to capture every last detailed task that may be encountered in the performance of the job.
It is not necessary for a job description to capture every last detailed task that may be encountered in the performance of the job. This is a true statement.
Why are job descriptions important?A job description's main goals are to make sure the position will satisfy the organization's needs and to help recruit the best candidates. It will be less probable that candidates who don't meet the requirements will apply if you clearly define the requirements for a given post.
Why is the function of job descriptions in the hiring process important?Employers and job applicants can better understand what is expected of them in a particular position thanks to job descriptions and selection process, which also aid in identifying individuals who are a good fit for the role.
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latarsha's coworker has told her that latarsha is more likely to be promoted if she speaks effectively in conversations. which of the following is a good tip for latarsha?
Give supervisors, coworkers, and employees real and targeted praise as a latarsha remedy.
Why is it crucial to compliment and publicly recognize team members?Genuine praise honors accomplishments as well as attempts. It strengthens constructive conduct, increases self-worth and self-assurance, and increases motivation and zeal.
When their contributions to the successes of their teams and the firm as a whole are recognized, employees are more likely to understand how highly their employers value them. Employees are inspired to keep up the good work since it gives them faith in their contribution to the organization.
Why is gratitude so crucial in leadership?Employees who receive frequent praise report better levels of job satisfaction and are more likely to stay on the team. People who receive praise are more likely to receive it back from others.
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term definition 1. factoring receivables 2. debtor 3. accounts receivable 4. maturity date 5. receivable 6. pledging receivables
Term definition 1. factoring receivables 1. f 2. debtor 2. b 3. accounts 3. d receivable 4. maturity date 4. e 5. receivable 5. a 6. pledging receivables 6. c
What distinguishes accounts receivable factoring from pledging?When accounts receivable are used as security, this is referred to as pledging; when they are sold, this is referred to as factoring.
What is the process by which a business purchases your accounts receivable?Simply put, factoring is the practice of selling your receivables at a loss. It is not a solution for every firm, but it is a quick fix for those with a short-term need for cash flow, usually two years or less.
Factored receivables are what?By exchanging outstanding invoices for cash advances, you can finance your firm through accounts receivable factoring. A factoring company gives you a significant portion of the unpaid invoice balance, follows up with your customer to collect payment, and then pays you the balance due, less costs.
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The three most popular types of marketable securities are Treasury bills, Certificate of deposit, and:A) Treasury notesB) Corporate bondsC) Commercial paperD) Checking accounts
The three most popular types of marketable securities are Treasury bills, Certificate of deposit, and Treasury notes. Hence, option A is correct.
Marketable securities are investments that can be swiftly converted into cash. These publicly traded stock exchanges and public bond exchanges are where these short-term liquid securities can be purchased or sold. These instruments, which can be either debt or equity, often mature in a year or less. Treasury Bills, Treasury Notes, Treasury Bonds, Treasury Inflation-Protected Securities (TIPS), and Floating Rate Notes are the five categories of marketable Treasury securities that the US Treasury sells (FRNs).
U.S. Treasury securities are primarily used to issue American government debt. Due to their low default risk, these assets, often known as Treasuries, are regarded as the safest investments.
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When buying highly technical, few-of-a-kind products such as hydroelectric power plants, governments have found that general contractors are reluctant to specify a formal, fixed price for the procurement. Therefore, these contractors use __________ to compensate them for any cost overruns
O at-market pricing O experience curve pricing O cost-plus-fixed-fee pricing O standard markup pricing
When shopping for highly technical, few-of-a-kind merchandise such as hydroelectric power plants, governments have observed that accepted contractors are reluctant to specify a formal, fixed rate for the procurement. Therefore, these contractors use cost-plus-fixed-fee pricing to compensate them for any price overruns.
Which is an instance of cost-plus fixed charge pricing?A: As an example, a cost-plus contract might also establish that the complete estimated cost of a building challenge is $10 million plus a fixed fee of $1.5 million, roughly 15% of the total cost, as the contractor's profit. So the total fee to the client would be approximately $11.5 million —the fee plus the fee.
Why cost-plus pricing is the best?As long as whoever is calculating the costs per user or item is including everything up correctly, fee plus pricing ensures that the full price of creating the product or enjoyable the carrier is covered, permitting the mark-up to make certain a high-quality rate of return.
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Marketing organizations should the segment or segments whose Problems, they are best able to solve.
What is the ideal market segmentation?Identifiable (or differentiable) (or differentiable).
Accessible.
Significant: large enough to allow businesses to turn a profit;
Companies must be able to quantify their market share, positioning, sector size, and purchasing power.
What are the main requirements for properly segmenting a market, and why do marketers do it?Marketers who use segmentation are more resource, time, and money efficient. Companies can learn more about their customers thanks to market segmentation. They obtain a deeper grasp of the requirements and desires of the client, which allows them to customize campaigns to the customer segments most likely to make purchases.
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name two of the scoring methods you are measured on in the simulation. sales and contribution margin profits and inventory stock price and customer accessibility emergency loans and customer awareness
Identify two of the evaluation criteria used to evaluate you in the simulation. Margin of sales and contribution.
How is product reliability measured?Measuring enables the verification of product reliability. Mean time to failure is the measurement for things that cannot be fixed, such as light bulbs (MTTF). Mean time between failures is the measurement for things that can be fixed, such as digital computers (MTBF).
How is the sales channel's strength assessed?The percentage of a company's wallet that it shares with a particular channel partner and the rank of the company's business among all the channel partner's businesses in terms of value are two ways to gauge the grip or strength of a relationship.
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TRUE/FALSE. when the growth of the money supply exceeds the growth of production, demand-pull inflation is the result. in other words, money is not backed by faith, or even gold. it is backed up by products.
Demand-pull inflation occurs when the increase of the money supply outpaces the growth of production. In other words, neither gold nor even faith is used to back up currency. True, it is supported by products.
Quiz: What occurs when the money supply rises?Short-term interest rates are lowered by an increase in the money supply. This reduced cost of borrowing money encourages investment spending and moves the AD curve to the right.
What normally happens when a country's money supply expands excessively?-Hyperinflation is always brought on by an excessive increase in the money supply.
What long-term effects does a rise in the money supply have? quizletThe aggregate price level rises once more as a result of an increase in the money supply, but aggregate output has returned to its potential level.
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which one of these statements related to chapter 11 bankruptcy is accurate? group of answer choices prepacks apply only to chapter 7, not chapter 11, bankruptcies. senior management must be replaced prior to exiting a chapter 11 bankruptcy. a company can only file for chapter 11 after it becomes totally insolvent. companies sometimes file for chapter 11 in an attempt to gain a competitive advantage. chapter 11 involves the total liquidation of the bankrupt firm.
Senior management must be replaced prior to exiting a chapter 11 bankruptcy is related to chapter 11 bankruptcy and is accurate.
What is bankruptcy?People or other entities who are unable to pay their creditors back can seek some or complete relief from their debts through the legal process known as bankruptcy. Most typically requested by debtor, bankruptcy is imposed by court order in most jurisdictions. An insolvent individual may have other legal statuses as well; hence, the phrase "bankruptcy" is not a synonym for insolvency. Bankruptcy wasn't a thing in ancient Greece. If a man owed money but couldn't pay it back, his wife, kids, or servants were made to work for the creditor as "debt slaves" until the obligation was paid off. This was not the case in Athens, where Solon's rules prohibited slavery as payment for debt, leading to the majority of the city's slave population being foreigners.
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violet, inc., has a 2021 $80,000 long-term capital gain included in its $285,000 taxable income. which of the following is correct? a.Violet will benefit from an alternative tax on net capital gains computation.
b.violet’s regular tax on taxable income is computed because there is no corporate alternative tax on net capital gains approach.
d.Violet’s $80,000 net capital gain is not taxable
d.Violet’s regular tax on taxable income will be greater than its tax using an alternative tax on net capital gain approach
e.None of these.
Violet, inc., has a 2021 $80,000 long-term capital gain which is included in its taxable income. From the following the one which is correct is that, Violet's regular tax on taxable income will be the same as its tax using an alternative tax on net capital gains approach.
There are certain capital gains which are generally included in taxable income, but in most cases, they are seen to be taxed at a lower rate. A capital gain is thus realized when a capital asset which is said to be sold or exchanged at a price higher than its basis.
However, the entire profited amount is said to be qualified for the taxable income and thus it will be then charged a flat 20% tax under long-term capital gain. Thus, it can use net capital gains approach.
Hence, option B is correct.
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Last year, 46% of business owners gave a holiday gift to their employees. A survey of business owners indicated that 20% plan to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 60 business owners (a) How many business owners in the survey plan to provide a holiday gift to their employees? (b) Suppose the business owners in the sample do as they plan. Compute the p value for a hypothesis test that can be used to determine if the proportion of business owners providing holiday gifts has decreased from last year. If required, round your answer to four decimal places. If your answer is zero, enter "O". Do not round your intermediate calculations (c) Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts has decreased? the null hypothesis. We can conclude that the proportion of business reject owners providing gifts has decreased from 2008 to 2009 What is the smallest level of significance for which you could draw such a conclusion? If required, round your answer to four decimal places. If your answer is zero, enter "O". Do not round your intermediate calculations. The smallest level of significance for which we could draw this conclusion is a=0.05, we reject 3; because p-value less than or equal to the null hypothesis.
Last year, 46% of business owners gave their employees a holiday gift. According to a survey of business owners, 45% intend to give their employees a holiday gift.
How many of the survey's business owners intend to give their employees a holiday gift?The answer is 27 points, which equals 60 times 45 percent on some. 45, which gives you a 27-point part 60 times. Part b is suggested to be 4527 successes.So, basically, we're going to run a 1 prop z test, with our null hypothesis being that it's equal to last year as an alternate. Is that it is less than last year, and we have a p hat of 27 out of 60 points, which we will use to calculate our p value.To learn more about null hypothesis refer to:
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when jamal graduated from college recently, his parents gave him $1,570 and told him to use it wisely. jamal decided to use the money to start a retirement account. after doing some research about different options, he put the entire amount into a tax-deferred ira that pays 17 percent interest, compounded annually. calculate how much money jamal will have in his ira at the end of 10 years, assuming that the interest rate remains the same and that he does not deposit any additional money. use exhibit 1-a. (round time value factor to 3 decimal places and answer to 2 decimal places.)
Jamal will have $7546 amount at he end of 10 years in his IRA account.
Why Is Tax-Deferred Used?Investment earnings with a tax-deferred status—such as interest, dividends, or capital gains—accrue tax-free up until the investor takes constructive possession of the profits. Individual retirement accounts (IRAs) and deferred annuities are a few of typical examples of assets that can grow tax-deferred.
CALCULATION:
where P = Present value of amount = $1,570
r = rate of compounding = 17% annually
n = number of years of compounding = 10 years
A = Future Value of P = ?
Future Value (A ) = 1570 *(1+\frac{17}{100})^{10}
=$7546
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_____ is a deep-seated sense that forces other than the individual are responsible for what happens in his or her life.
A) An external locus of control
B) Tolerance of uncertainty
C) An internal locus of control
D) Tolerance of failure
A strong conviction that forces other than the person are in control of his or her life is known as an internal locus of control. As a result, choice (C) is the best way to respond.
What is locus of control?The locus of control measures how much a person thinks they have control over events in their lives, as opposed to outside causes (beyond their influence). Julian B. Rotter created the idea in 1954, and it has since evolved into a component of personality psychology. The "locus" of a person can be internal or external.
People with an internal locus of control feel that events in their lives are mostly the product of their own activities.
Hence, option (C) is accurate.
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and example of world systems theory would be that a rich country like the us sends some of its dirtiest manufacturing over to countries like china, so the us can then buy back (for cheap) many of those products without having to live with the pollution they created.
Rivals have criticized world-systems theory for being overly centered on the economics, underemphasized on culture, and overly core- and state-centric.
These factors don't make sense when viewed through Wallerstein's nation-centered lens because they operate on a global scale as opposed to a state system.
According to systems theory, a world-system is a socioeconomic system that includes all or part of the world and details the overall structural outcome of all interactions between polities. Although they are not always global, world-systems are typically larger than single states.
1. The Knowledge Economy, first A "knowledge economy" is one where employment requires a high degree of technical and scientific expertise and is characterized by a high level of innovation in both fields.
2. Carbon emissions and climate change politics An uneven transaction underpins the politics of climate change.
3. The Packaged Food Sector and Hidden Hunger
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In which country will the national government have the greatest influence with respect to the nation's economy?
A.
Canada
B.
Australia
C.
North Korea
D.
Germany
Answer:
C. North Korea
North Korea national government have the greatest influence with respect to the nation's economy.
Thus, the correct option is C.
What is an economy?An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes.
These elements determine the parameters and conditions under which an economy operates in addition to providing background and content. In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
Individuals, companies, organizations, or governments all qualify as economic actors.
When two persons or organizations agree on the value or price of the good or service being exchanged, which is typically stated in a particular currency, an economic transaction takes place. However, only a small portion of economic activity is represented by financial exchanges.
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______ focus on solving society's challenges through their businesses.
a. social entrepreneurs
b. classic entrepreneurs
c. change agents
d. atypical entrepreneurs
Option (a), social entrepreneurs concentrate on using their enterprises to address societal issues.
What prioritizations do social entrepreneurs have?The process by which people, companies, and entrepreneurs develop and fund solutions that primarily address social problems is known as social entrepreneurship. An individual who investigates business opportunities that help their community, society, or the entire world is said to be a social entrepreneur.
What links exist between social issues and social business?By addressing a range of social problems, social entrepreneurs seek to better society. But because it can also aim to succeed financially through a cutting-edge business model, this desire does not deviate from financial goals.
What societal problems are social entrepreneurs attempting to solve?Social entrepreneurs usually take the initiative in developing products that are ecologically sustainable, serve the needs of marginalized communities, or focus on philanthropic activities. Through non-profit, for-profit, and hybrid firms, social entrepreneurs promote a wide range of solutions geared toward sustainable development.
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Open questions are a useful tool for both obtaining crucial information and _____________the interview.
Condensing
Shortening
Softening
Steering
Option c: Open questions are a useful tool for both obtaining crucial information and softening the interview.
The interview consists of a series of questions to understand the candidate's professional and educational background.
Employers can make an impression about your personality, skills and professional qualifications based on the interview.
Open-ended questions are formulated as statements requiring longer answers. Answers can be compared with information already known by the questioner.
Open questions help the interviewer to obtain important information and analyze candidates' methods of thinking. They are also useful in softening the interview.
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