Because they avoid synthetic fertilisers and pesticides, farmers who utilise organic farming techniques have less of an impact on the environment than farmers who employ industrial farming methods.
Describe organic farming?In order to maintain the health of the soil, ecosystems, and people, organic agriculture is a production method. Instead than using inputs with negative impacts, it depends on biological processes, biodiversity, and cycles tailored to local conditions.
How significant is organic farming?Erosion must be reduced in order to preserve and enhance fertility, soil biodiversity, and structure. Lower the dangers associated with toxic substance exposure for people, animals, and the environment. Agribusiness practises should be adjusted to the region's specific production needs and market demands.
The following question is incomplete and the complete question is as follows:Farmers who practice organic agriculture have less of an impact on the environment than
farmers who practice industrial agriculture because they
a) use no-till agriculture exclusively.
b) import soil to maintain soil fertility.
c) maintain larger farms with a single crop.
d) avoid pesticides and synthetic fertilizers.
e) have lower labor costs.
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a tax on goods imported into a country a legal limit on the amount of a good that can be imported into a country exporting goods whose domestic production has been heavily subsidized by the government
A tariff is a fee a government imposes on goods imported from another nation in an effort to influence it, make money, or protect competitive advantages.
What does the word tariff mean?
A tariff is a tax that a government levies on imported products and services in an effort to raise prices and reduce imports' attraction, or at the very least, their competitiveness, in comparison to domestic products and services. The word "tariff" comes from the French word "tarif," which meaning "set price." The Italian word "tariffa," which means "required price; schedule of taxes and customs," is derived from the Medieval Latin word "tariffe," which means "fixed price."
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resource leveling, sometimes referred to as resource smoothing, determines resource requirements and uses resources at the most even level profiles possible.
The statement 'resource leveling, sometimes referred to as resource smoothing, determines resource requirements and uses resources at the most even level profiles possible' is true as it helps to know the resources required for a particular project.
Resource leveling, sometimes referred to as resource smoothing, is a critical process in project management. It helps to ensure that resources are used in the most efficient and effective way possible.
Resource leveling helps to determine the resource requirements needed for a project and works to spread out the use of resources over the course of the project so that the resources are used at the most even level.
This helps to ensure that no single resource is over-utilized or under-utilized, providing a more balanced approach to resource utilization and a better outcome for the project. Hence, the above statement is true.
Although a part of your question is missing, you might be referring to this question:
Resource leveling, sometimes referred to as resource smoothing, determines resource requirements and uses resources at the most even level profiles possible. True or false.
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Part 1
Using the information you have gathered to answer the questions above, complete a SWOT analysis onSweetapolita Inc.
Strengths
Weaknesses
Opportunities
Threats
Part 2
Based on your research and your SWOT analysis, provide three pieces of advice to the management of the company you have chosen. Explain why you are making these recommendations.
1.
2.
3.
The SWOT analysis on Sweetapolita Inc. was the new projects are the build in the company on the Strengths, Weaknesses, Opportunities, and threats.
What is SWOT?The term SWOT stand for Strengths, Weaknesses, Opportunities, and threats. The SWOT analysis of the basis to the company helpful and the beneficial. The SWOT was the necessary of the company.
According to the SWOT analysis was the advice of the company are:
Strengths was the new project of the company.Weaknesses was the not to the available of the society. Opportunities was the government low to the tax. Threats was the fear of the deadline.As a result, the significance of the SWOT analysis are the aforementioned.
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According to the liquidity premium theoryA) a steeply rising yield curve indicates that short-term interest rates are expected to remain unchanged in the future.B) a moderately rising yield curve indicates that short-term interest rates are not expected to change much in the future.C) a flat yield curve indicates that short-term interest rates are expected to rise moderately in the future.D) only (a) and (b) of the true.
A steeply rising yield curve indicates that short-term interest rates are anticipated to remain unchanged in the future, according to the liquidity premium theory.
Short-term interest rates aren't likely to change much in the foreseeable future, as evidenced by a yield curve that is moderately rising.
The yield curve is affected by liquidity premium theory in what ways?
A long-term bond would then be required to pay a higher yield due to the liquidity premium. This indicates that even when short-term rates are anticipated to remain constant, the yield curve will slant slightly upward, as predicted by the liquidity premium theory.
Which of the following is expected when a yield curve steeply slopes upward?
Short-term debt instruments have a lower yield than long-term debt instruments of the same credit quality in the normal yield curve. A yield curve that slopes upwards suggests that interest rates will rise in the future.
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Suppose a firm spends $10,000 to train its employees on a new, company-wide software program that it has already purchased and intends to adopt in the following month. In this case, the knowledge gained through the training is considered:
Training employees on a new software program falls under the category of organizational know-how and is therefore considered intangible capital. In this instance, human capital takes into account the information acquired via training
What is a human capital?
Social scientists use the term "human capital" to describe character traits that are seen to be advantageous in the manufacturing process. It covers the education, well-being, and knowledge of the workforce. Individual income is significantly influenced by human capital.
A person's education, technical expertise, or problem-solving abilities are a few examples of human capital that a company may benefit from.
Education is one of the most essential components of human capital since it frequently results in improved economic production, individual income, and family economic mobility.
Two American economists named Gary Becker and Jacob Mincer popularized the term "human capital" in the 1960s by using it to refer to the unique combination of abilities, knowledge, and traits that each of us possesses and that can be leveraged to accomplish goals.
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in festinger and carlsmith's (1959) classic study on cognitive dissonance, participants who were paid $20 for doing a boring task, in contrast to those who were paid $1 for doing the same task, . liked the task more liked the task less liked the task equally as much were more likely to tell their friends to do the task
In the groundbreaking study on cognitive dissonance by Festinger and Carlsmith (1959), Due to their weak external rationale, the $1 group received $20 in payment.
You experience cognitive dissonance when your beliefs and behaviour are in conflict. It can be disturbing when people have divergent opinions, attitudes, or views towards the same subject. The mental pressure brought on by the perception of contradictory information is referred to as cognitive dissonance in psychology. Examples of pertinent pieces of information include an individual's actions, feelings, ideas, beliefs, and values, as well as things in their immediate environment. The gap between people's ideas and actions motivates them to engage in activities to minimise uneasy emotions.
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As a public school teacher, Molly has accrued 14 days of sick leave, which is a type of ________ compensation. Group of answer choices:
A) direct financial
B) indirect financial
C) nonfinancial
D) mandatory
Molly's 14 days of sick leave is a type of indirect financial compensation method.
Indirect compensation is a type of payment to an hand that does not involve directly paying a pay envelope or payment. exemplifications of an indirect compensation arrangement include offering your workers health insurance, life insurance, or hand hires (also called borderline benefits). Social Security, sick leave, a withdrawal plan, and paid time off( PTO) are also exemplifications of indirect compensation. This differs from direct compensation, which is the payment of plutocrat directly to your workers in exchange for their work. Direct compensation includes stipend or base payment, lagniappes, overtime pay, tips and commission, stock purchases, and other forms of fresh compensation. While direct compensation is used to pay workers for their work, indirect compensation and non-financial compensation are used to condense stipend to make company fidelity and retain workers.
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community trust bank is analyzing its customer data to determine if groups with similar monetary patterns other than the business customers can be identified. the bank is looking at the frequency of branch visits, use of atms, online banking activity, loan activity, and account balances of each customer. the bank has identified three groups of customers based on these factors and is planning to offer different products to better meet the needs of each group. which of the following marketing concepts is represented by this exercise?
This activity illustrates the marketing idea of market segmentation. Market segmentation enables business to understand their clients.
What is market segmentation?
Marketing strategy is a business strategy that divides prospective customers into different groups. This allows the company to allocate the appropriate resources to each distinct segment, allowing for more precise targeting across a variety of marketing efforts.
Marketers can save time, money, and other resources by segmenting their customers. Because they understand their customers' needs and desires, they can tailor advertisements to the client groups most likely to make purchases. It is now easier than ever to attract new clients thanks to social media.
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the relationship between commitment and strategic options may be beast described as: [see p.98] group of answer choices commitments increase the value of real options by committing to a set of options, a firm can reconcile two sources of value: value from deterring competitors and value from real options making commitments inevitably involve giving up options the two reside in different realms of analysis: commitments can be analyzed using game theory; real options can be analyzed using financial theory
A business organization's actions and goals are its strategic commitment. It may indicate whether the company is successfully outperforming rivals.
The well-known professor at Harvard Business School Michael Porter came up with three methods for gaining an advantage over competitors Cost Leadership, Differentiation, and Concentration (which includes both Differentiation Focus and Cost Focus).
How does strategic group analysis function?
A tool for market research that compares the characteristics of rival businesses is a strategic group analysis. Its purpose is to compare one company's performance to that of other businesses in its industry.
How can a business simultaneously pursue low-cost and differentiation strategies?
It can increase marketing spending. It can pay for better retail store positions than its more expensive rival. It can reduce prices, reducing its rival's profit margins. It can put more money into research and development, which will help it make its product work better.
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fill in the blank. ____ is the process by which a union becomes recognized by the national labor relations board as the bargaining agent for a group of employees. group of answer choices accreditation affiliation certification arbitration
The procedure through which a union is approved by the National Labor Relations Board to represent a group of employees in collective bargaining is known as certification.
Today, support for unions is at all-time highs, particularly among the members of Generation Z who are now entering the workforce. The National Labor Relations Act of 1935 (NLRA), which established legal protections for union organizing and collective bargaining, and which is overseen by the National Labor Relations Board, is largely responsible for the rise in worker interest in union membership and the higher rate of organizing victories (NLRB).
The agency is using its adjudicative and rule-making powers under Biden administration appointees to overturn judgments and rules that unfairly favor lawbreaking companies and to make sure that existing laws are appropriately implemented.
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suppose there are two freely trading countries, home and foreign, and many goods. home's wages are 3 times higher than foreign's. for a particular good, home has 2 times higher labor productivity than foreign. home
Wages at home are three times higher than wages abroad. Home labor productivity is 2 times greater than foreign labor productivity for a certain good. "Export this good" from home
Define the term freely trading countries?In a free trade area (FTA), goods from one country can enter another without being subject to import duties or quotas.
Under a free trade policy, there are little to no government tariffs, quota, subsidies, or prohibitions that prevent the exchange of products and services across international borders. The principle of free trade seems to be the antithesis of economic or trade protectionism.Although it is generally agreed that increasing international trade is good for the economies of both the participating countries, not all citizens of those countries profit equally from it, and some may even pay a price.If wages at home are three times higher than wages abroad. Home labor productivity is 2 times greater than foreign labor productivity for a certain good.
Then, "Export this good" from home
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The complete question is-
suppose there are two freely trading countries, home and foreign, and many goods. home's wages are 3 times higher than foreign's. for a particular good, home has 2 times higher labor productivity than foreign. home will _____
A corporation is owned by stockholders who enjoy the privilege of limited liability. O easily divisible between owners. O a separate legal entity with unlimited life. All of the above.
A corporation is owned by stockholders who enjoy the privilege of limited liability , easily divisible between owners , a separate legal entity with unlimited life.
What does the term "stock holder" mean?
A person who has shares in a firm, which entitles them to a portion of the company's income and the opportunity to vote on management decisions: The proposed combination of the companies will be put to a vote by shareholders the following week.
Do stockholders who benefit from limited liability own corporations?
Stockholders who benefit from limited liability are the owners of corporations.
Nevertheless, there is a chance of double taxation, with one level occurring at the corporate level where earnings are taxed and the other level at the stockholder level when dividends are taxed.
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when rent is paid in advance for 2 years, it is appropriately recorded as a(n) ____ , whereas when rent is paid and used during one month, it is appropriately recorded as a(n) ___
When rent is paid in advance for 2 years, it is appropriately recorded as a(n) long-term liability. Whereas when rent is paid and used during one month, it is appropriately recorded as a(n) expense.
What is liability?
Legal accountability for one's deeds or inaction is referred to as liability. It may also be used to describe monetary commitments like debt or loans. In the context of insurance, liability coverage shields a person or organization from financial harm in the event that they are held accountable for the harm or losses suffered by another party.
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matching. 1 . picket a workplace where only union members may be hired 2 . unions organized fellowships of workers with similar work experience or talents 3 . closed shop to encircle a plant or confront a plant entrance with unionists carrying signs or placards expressing their concerns 4 . anti-trust laws an organized work stoppage and walkout 5 . strike laws which regulate or curtail business monopolies or dominant financial organizations
A closed shop is a workplace where only union members may be hired Shop Unions- organized fellowships of workers with similar work experience or talents.
What are anti-trust laws?laws that regulate or curtail business monopolies or dominant financial organizations
What are strike laws? What is picket?Laws are organized work stoppage and walk out. A picket is to encircle a plant or confront a plant entrance with unionists carrying signs or placards expressing their concerns
What is a law?In order to control conduct, social or political institutions make and enforce laws, however the exact concept of a law is still up for debate.
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Which of the following examples is NOT a typical or appropriate situation to employ project management? improving a soldering process in an assembly linedeveloping a new medical device for use by clinicsinstalling a new accounting application on to a server none of the above. processing deposits and withdrawals in a bank
processing deposits and withdrawals in a bank is not a typical or appropriate situation to employ project management.
The practise of organising a team's efforts to complete a project within its limits is known as project management. The use of techniques, approaches, know-how, experience, and abilities to accomplish certain project goals while adhering to predetermined guidelines is known as project management. In project documentation that is prepared at the start of the development process, this information is often described. Final deliverables in project management are subject to a limited amount of time and money. Budget, time, and scope are the main restrictions. The project's scope is the first thing they define. The project team, which could be made up of developers, engineers, technical writers, and quality assurance professionals, is then given assignments.
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What is the formula to calculate the following:
1. Debt Ratio (Total debt-total Assets)
2. Liabilities-Assets Ratio.
The formula to calculate Debt Ratio (Total debt-total Assets) is; Debt ratio = Total debt/Total assets.
The formula to calculate Liabilities-Assets Ratio is: Liabilities to assets ratio = Short term + long term liabilities / Total assets.
What is debt ratio?Debt ratio can be defined as what is used to determine a company debt amount as a ratio of their assets.
Formula for debt ration is:
Debt ratio = Total debt/Total assets
On the other hand liabilities to assets ratio is used to determine the difference between a company assets and its liabilities.
Formula for Liabilities to assets ratio is:
Liabilities to assets ratio = Short term + long term liabilities / Total assets
Therefore the formula to calculate Liabilities-Assets Ratio is: Liabilities to assets ratio = Short term + long term liabilities / Total assets.
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T/F many bad listening habits develop simply because the speed of spoken messages is much faster than our ability to receive and process them.
Simply put, many negative listening habits arise because spoken messages travel at a rate that is far slower than our capacity to understand and digest them. Between 100 and 150 words per minute are considered normal speaking rates.
What is negative listening?Low focus or failing to pay close attention to what is being said can be caused by a number of psychological or physical factors, such as visual or auditory distractions, physical discomfort, insufficient volume, disinterest in the subject matter, stress, or bias. Aggressive hearing is a poor listening technique in which listeners focus on the speaker in order to criticize something they are saying.Passive, aggressive, and passive aggressive are the three basic subtypes of negative communication. Few individuals display these characteristics to the extreme; those who do do so have serious psychopathology. But it's likely that you as well as those around you periodically engage in undesirable behaviours.To learn more about negative listening, refer to:
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the total market for a particular product category is often fragmented into several groups of people having relatively homogeneous needs, wants, and sought after benefits. these groups are referred to as a market:
A specific product category's overall market is frequently divided into a number of groups of consumers with comparatively similar needs, wants, and desired advantages. Market segments are what are known as these divisions.
What is Market segment?Market segments are groups of people who are combined for marketing purposes. Market segments, which are a subset of the overall market, frequently group people based on one or more shared criteria. Despite the fact that the four main types of market segmentation—demographic, psychographic, behavioural, and geographic—are usually recognised as such, there are many additional strategies you can use. These strategies also come in many different variations.Here are a few other approaches you might want to consider. A targeted audience is divided into subgroups based on shared characteristics, such as age, gender, or region, as well as priorities, values, and behaviour, through the process of market segmentation. As it enables you to precisely ascertain clients' purchase behaviours, this is a crucial step in developing a marketing plan.To learn more about Market segment, refer to:
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_____are societies in which technology supports a service- and information-based economy. group of answer choices preindustrial societies agricultural societies industrial societies postindustrial societies
Post industrial societies are societies in which technology supports a service- and information-based economy.
What is meant by Post industrial societies?Information societies, sometimes called postindustrial or digital societies, are a relatively new phenomenon. Information societies, as opposed to industrial societies, are founded on the production of information and services. Industrial societies, on the other hand, are based on the creation of tangible things.
Postindustrial society is a civilization that has undergone a shift from a manufacturing- to a service-based economy. This shift was accompanied by a reorganization of society.
The term "post-industrial society," coined by Bell in 1973, refers to the shift from a society predominately based on the production of tangible commodities to one based primarily on the provision of services.
When an economy transitions from producing and providing things and products to one that mostly offers services, a society is said to be in a post-industrial stage of development.
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Taxpayer money should be used to feed those who are not able to feed themselves. The government should provide this service Kantian Ethics Care Ethics Virtue Ethics Act Utilitarianism
Kantian Ethics is Taxpayer money should be used to feed those who are not able to feed themselves.
What is Kantian Ethics?No of the circumstance or setting, all people must adhere to a set of moral standards known as Kantian ethics. The principles are referred to as Categorical Imperatives by the German philosopher Immanuel Kant and are determined by their morality and degree of freedom. Immanuel Kant, a German philosopher, created a deontological ethical theory known as "Kantian ethics," which is founded on the idea that "There is nothing at all in the world, or even beyond it, that may be regarded good without limitation except a good will." Observe the word "study!" Only if certain characteristics about you are real, such as your concern for doing well and desire to pass the test, should you study.
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The following information pertains to a sale and leaseback
of equipment by Mega Co. on December 31, year 1:
Sales price $400,000
Carrying amount $300,000
Monthly lease payment $ 3,250
Present value of lease payments $ 36,900
Estimated remaining life 25 years
Lease term 1 year
Implicit rate 12%
What amount of deferred gain on the sale should Mega report at
December 31, year 1?
$0
$ 36,900
$ 63,100
$100,000
Price of $400,000. Carrying $30,000 in total. $3,250 is the monthly lease cost. 36,900 is the current value of the lease payments. estimated 25 years of life are left.
Does monthly mean 12 months?
$400,00 as the selling price $300,000 is being carried. Lease payments per month are $3,250. Currently, the lease payments are around $36900. estimated 25 years left to live The term "12-month rolling period" refers to a period of 12 consecutive months that is calculated on a rolling basis, with each new 12-month period starting on the first of the following month. A 12-month rolling period is one that is established monthly and is made up of the 12 prior calendar months in a row.
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in the short run, equillibrium price level and level of total output are determined at the intersection of which two curves
The intersection of the aggregate supply and demand curves in the short run yields the equilibrium price level and the equilibrium level of total production.
In macroeconomics, we try to comprehend two different types of equilibrium, one for the short run and the other for the long run. In macroeconomic analysis, the short run refers to the time period during which changes in the state of the economy have little impact on wages and other prices. Prices (including wages) may not shift quickly enough in some marketplaces to maintain equilibrium as economic conditions change. When the aggregate output supply and demand are equal in magnitude, an economy is considered to be in short-term equilibrium. The short-run equilibrium output of the AD-AS model can be located at the intersection of the aggregate demand (AD) and the short-run aggregate supply (SRAS).
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Which of the following is put forth as a reason for trade restrictions? A. National pride can take precedence over the gains from trade. B. Domestic industries need protection from foreign competition while they develop a comparative advantage. C. Citizens don't want to send their money overseas. D. Countries don't want to become overly reliant on other countries. E. All of the above.
The correct response is B. Domestic industries need protection from foreign competition while they develop a comparative advantage.
Manufacturing companies that produce items in the nation in which they dwell are referred to as domestic industries. Products made in one country by that nation's industry are only available there. the World Trade Organization states, but can also be exported. Protectionist measures include tariffs, subsidies, import quotas, and other limitations or disincentives imposed on imports from foreign rivals in order to shield native sectors from international competition. Import taxes are called tariffs. They essentially raise the prices of those imports, giving homegrown businesses an advantage in the same marketplaces. Usually, tariffs are imposed by governments to aid domestic businesses, though occasionally they are used to retaliate against unfair international competition.
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TRUE OR FALSE hospitality businesses are developing strategies to accommodate niche markets. skydivers are an example of a group in a growing segment called the ______ market.
The answer is adventure.
Hospitality businesses are developing strategies to accommodate niche markets. skydivers are an example of a group in a growing segment called the adventure market.
Investors in venture capital (VC) that have a particularly high risk tolerance are referred to informally as "adventure capitalists." They frequently take an active role in the businesses they invest in. Companies in developing industries typically receive support from adventure capitalists.
Among the many industries that make up the service sector's hospitality sector include hotel, food and beverage service, event organizing, theme parks, travel, and tourism. It has places to stay, travel agencies, restaurants, and pubs.
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The correct option is C. Hospitality businesses are developing strategies to accommodate niche markets. skydivers are an example of a group in a growing segment called the adventure market.
The hospitality industry is a vast class of fields within the service enterprise that includes accommodations, food and drinks carrier, occasion planning, topic parks, travel, and tourism. It includes inns, tourism corporations, eating places, and bars. The meals and beverage class includes restaurants, bars, and lounges. travel and tourism cover airlines and travel organizations. accommodations may be something from hotels to Airbnb.
This sector is one of the fastest developing in Europe. In 2004, more than 7. eight million human beings had been hired and the sector generated a greater than $338 billion turnover. Jobs tend to be brief, with abnormal hours, low pay, and few career potentialities. there is an excessive proportion of young humans working inside the zone. a few distribution businesses use this term to outline the meals & beverage carrier trade channel or the hospitality exchange.
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Complete Question:
Hospitality businesses are developing strategies to accommodate niche markets. skydivers are an example of a group in a growing segment called the ______ market.
A. agritourism
B. environmental
C. adventure
D. geotourism
per capita gdp is multiple choice the sum of consumer goods, investment goods, government services, and net exports. a dollar measure of the economic growth rate of a country. the value of the factors of production used to produce output in a country. the dollar value of gdp divided by total population.
GDP per capita is calculated by dividing the total gross value contributed by all producers who are residents of the economy by the mid-year population, plus any product taxes (less subsidies) that are not taken into account when valuing output. GDP data in local currency at constant prices are used to compute growth.
What is gross value?Gross value added (GVA), the balance item of the production account of the national accounts, is calculated as output (at basic prices) less intermediary consumption (at purchaser prices). GVA can be divided up by institutional sector and industry. The value of the goods and services produced in a region, industry, or sector of the economy is calculated using the concept of gross value added in economics.
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which of the following statements about sending work instant messages after work hours are true? (choose every correct answer.)
The following statements about sending work instant messages after work hours are true:
IMs may be considered more intrusive than emails.
IMs can blur the line between personal and work time.
What is work ?In economics and sociology, we carry out the work and labor necessary for the survival of society. Work is a deliberate activity accomplished by will. The work may be intentional, but only if the basic work has been completed or nothing has been done that clearly interferes with the work.work creation helps the economy through GDP. When a person is hired, a salary is paid by the employer. As a result, they will have money to spend on food, clothing, entertainment, and various other areas.The more a person work, the greater the demand.When people have work, they have money to spend on goods and services that help businesses grow and create jobs. Countries with low unemployment are always more economically viable than those with high unemployment.To learn more about work from the given link :
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Which of the following can lead to cyclical unemployment?
Select the correct answer below:
a. increased spending on public works
b. a reduction in interest rates
c. a stock market crash
d. increased unemployment benefits
Increased unemployment benefits can lead to cyclical Unemployment.
Cyclical Unemployment:
Cyclic unemployment is a component of overall unemployment that directly results from cycles of economic booms and busts. Unemployment rates typically rise during recessions and fall during expansions. Reducing cyclical unemployment during recessions is an important motivation for studying economics and the goal of various policy tools that governments use to stimulate the economy.
During the 2008 financial crisis, the real estate bubble burst and the Great Recession began. Demand for new homes fell as more borrowers defaulted on housing-related debt and new loan approval requirements tightened.
Then, as the economy recovered, the financial sector turned a profit and started lending more. People started buying or renovating existing homes again, and property prices rose again. Construction jobs rebounded to meet this new demand in the housing sector, lowering the cyclical unemployment rate.
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g salary for 2021 is $42,000, and betina's salary is $40,000. barrett pays mortgage interest of $10,200 and property taxes of $3,800. betina has $400 of charitable contributions. barrett earns interest of $1,450 on a savings account and makes a deductible for agi contribution to his ira of $2,000. betina makes a $1,000 deductible contribution to her ira. amounts withheld for state taxes are $2,900 for barrett and $2,800 for betin
The combined taxable income of Barrett and Betina is $52,350.
-$81,450 in Adjusted Gross Income
Interest on Barrett's mortgage is deducted line-by-line (10,200)
Property taxes owed by Barrett (3,800)
The philanthropic contribution from Betina (400)
state taxes withheld from Barrett (2,900)
Withheld state taxes for Betina (2,800)
Exemptions: Betina (4,000) and Barrett (4,000)
52,350 $ Taxable Income
Taxes must be paid on taxable income, which must be recorded on your return.
Nontaxable income may need to be reported on your tax return even though it is not taxable. successfully received money. Whether or not you really have the income, you are normally taxed on all of your available income.
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e1-2 (static) identifying management functions [lo 1-2] suppose you are a sales manager for books on wheels, incorporated, which makes rolling book carts often used by libraries. the company is considering adding a new product aimed at university students. the new product will be a small, collapsible, wheeled tote designed specifically to aid students in transporting textbooks across campus. suppose that, after a thorough investigation, books on wheels decided to go forward with the new product aimed at university students. the product, the campus cart, has gone into production, and the first units have already been delivered to campuses across the country. Required: Match each of the following steps that book place as Books on Wheels moved through the decision making, production, marketing, and sale of the campus Cart with the correct phase of the management process. A. Planning B. Implementing C. Controling
The correct phase of the management process:
A. Planning - Decision Making
B. Implementing - Planning
C. Controlling - Implementing
D. Decision Making - Controlling
What steps were taken to ensure that the campus Cart met quality standards?To ensure that the campus Cart met quality standards, Books on Wheels implemented a rigorous testing process. This process began during the Planning phase, when the company developed quality objectives for the new product and identified potential sources for raw materials. During the Implementing phase, these objectives were incorporated into the production process, and the campus Cart was tested at each step of the production process. During the Controlling phase, the company monitored the results of the testing process to ensure that the final product met the quality standards that had been set. Finally, during the Decision Making phase, the company reviewed the test results and made adjustments as necessary to ensure that the product met the desired quality standards.To learn more about quality standards refer to:
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ken young and kim sherwood organized reader direct as a corporation; each contributed $49,000 cash to start the business and received 4,000 shares of stock. the store completed its first year of operations on december 31, 2020. on that date, the following financial items for the year were determined: cash on hand and in the bank, $47,500; amounts due from customers from sales of books, $26,900; equipment, $48,000; amounts owed to publishers for books purchased, $8,000; one-year notes payable to a local bank for $2,850. no dividends were declared or paid to the stockholders during the year.
The firm of Ken Young and Kim Sherwood is more heavily financed by equity than by creditors because the liabilities amount was just over $10,000 while the equity was just over 111,000.
Why is a balance sheet important?Executives, investors, analysts, and regulators all rely heavily on the balance sheet to comprehend the present financial situation of a company. The income statement and the cash flow statement, the other two categories of financial statements, are typically used in conjunction with it. The balance sheet can assist users in determining the company's net value, whether it has enough cash and short-term assets to pay its obligations, and whether it is heavily indebted in comparison to its competitors.
The balance sheet of the given firm is:
Reader direct
Balance sheet
Dec. 31, 2020
Cash: $47,500
Accounts receivable: $26,900
Equipment: $48,000
= $122,400
Liabilities
Accounts payable: $8,000
note payable: $2,850
= $10,850
Stockholders equity
common stock: $98,000
retained earnings: 13,550
total stockholders equity: $111,550
total liabilities and stockholders equity: $122,400
ERE=BRE+NI-Div
13550=0+?-0
= $13,550
(only happens when it's the first year of business and there's no dividends)
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The complete question is:
Completing a balance sheet and inferring net income:
Ken Young and Kim Sherwood organized reader direct as a corporation; each contributed $49,000 ($98,000) cash to start the business and received 4,000 shares of stock. The store completed its first year of operations on December 31, 2020 (BRE=0). On that date, the following financial items for the year were determined: cash on hand and in the bank, $47,500; amounts due from customers from sales of books, $26,900 (AR); equipment, $48,000; amounts owed to publishers for books purchased, $8,000 (AP); one-year note payable to a local bank for $2,850 (NP). no dividends were declared or paid to the stockholders during the year.