Aggregate demand left.
What Is a Supply Shock?A supply shock is an unanticipated occurrence that abruptly alters the supply of a good or commodity, causing an unanticipated shift in price. Supply shocks can be positive, resulting in an increased supply, or negative, resulting in a lower supply; however, they are frequently negative. A negative (or adverse) supply shock drives up the price of a product, whereas a positive supply shock drives it down, assuming that overall demand remains constant.
A shift in the supply curve to the right caused by an increase in output and a positive supply shock lowers prices, whereas a reduction in production and a negative supply shock raises prices. Any unforeseen event that reduces output or upsets the supply chain has the potential to cause supply shocks.
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Vanessa grant is responsible for controlling expenses, but is not responsible for generating revenues. vanessa grant is a manager of a(n)?
Vanessa Grant is responsible for controlling expenses, but is not responsible for generating revenues. Vanessa Grant is a manager of a(n):
Cost Center
What do you mean cost center?
A cost center is basically a department or function under an organization that do not directly increases profit but still costs the organization money to operate. Cost centers only provide to a company's profitability indirectly, unlike a profit center, which gives to profitability directly through its actions.
What is an example of a cost center?
Instances of cost centers contains the accounting, human resources, IT, maintenance, and research & development departments. A cost center can be assumed at a smaller level than a department. It could contain a particular job position, machine, or assembly line.
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Who is credited for the identification of operant conditioning?
B.F. Skinner is credited for the identification of operant conditioning.
What is operant conditioning?Operant conditioning, can be described as the instrumental conditioning, which is a method of learning that utilize the knowledge of rewards as well as punishments for behavior.
It should be noted that in operant conditioning, an association is made that is usually seen between behavior and a consequence for that behavior.
In the case of above , B.F. Skinner can be described as one of the most prominent psychologists of the last century that was attributed the discovery of operant conditioning to , hence B.F. Skinner is credited for the identification of operant conditioning.
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When two countries specialize in producing the goods for which they have a comparative advantage and?
It can be mutually advantageous for two nations to specialize in goods for which they have a relative advantage and then trade with one another. Absolute advantage is the basis of the potential gains from specialization and trade.
What does it mean for a producer to have comparative benefit?
Comparative advantage is a requirement of a producer where it is better suited for the production of one good than another good. Good A can be made more efficiently than good B, for example. This comparison is done in terms of the option costs of each good, not in terms of pure production costs.
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Alistar has an annual income of $25,000. he decides to take classes on line and at night so that he can continue to work. after 3 years he gets his degree and immediately starts earning $32,000 per year. if it takes alistar 6 years to recover his investment for his education, how much did it cost him?
If it takes Alistar 6 years to recover his investment for his education, then it cost him $42,000.
What do we mean by investments?The dedication of an asset to achieve an increase in value over time is referred to as an investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort.The goal of investing in finance is to generate a return on the invested asset. A gain (profit) or loss realized from the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income, may constitute the return.To find the cost:
Alistar's 6-year investment strategy is divided into two phases:
Period 1: From the first to the third year.Period 2: From fourth to sixth years.Alistar invests in his education during the first period, from year one to year three.
In the second period, from year 4 to 6, the amount he begins earning is $32000, and his annual income is $25000.
Every year, Alistar receives an additional $7000.Now, the time required to recoup his investments is 6 years.As a result, total cost = 7000 × 6 = $42000Therefore, if it takes Alistar 6 years to recover his investment for his education, then it cost him $42,000.
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Changes in the performance of an existing service or the creation of a new one are?
Organizational change is the process through which a firm or business changes a key aspect of its structure, such as its culture, the operational infrastructure or supporting technologies, or its internal procedures.
The second phase in the comprehensive approach to change is for managers to create goals for the change that was identified in step one.
The planned change model has seven steps, including diagnosing the issue, evaluating the system's motivation and capacity for change, evaluating the resources and motivation of the change agent, developing change goals and methods, and identifying the role of the change agent.
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Businesses differ from nonprofit organizations in that a business's focus is on:_____.
Businesses differ from nonprofit organizations in that a business's focus is on Profit.
What is non-profit organization
A nonprofit organization (NPO), often referred to as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity set up and run for a group's, the public's, or social good as opposed to a business that operates to make money for its owners. The non-distribution constraint applies to nonprofits, which means that any surplus funds must be used to further their mission rather than being distributed to other parties. Many organizations, including some political ones, educational institutions, professional associations, religious institutions, social clubs, and consumer cooperatives, are nonprofit.
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When redesigning a database, how can we check assumptions about functional dependencies?
Use a correlated subquery with the SQL IN keyword for the first approach, and use a correlated subquery structure with the SQL EXISTS and/or NOT EXISTS keywords for the second approach.
What do you mean by Structured Query Language (SQL)?
Relational databases are managed and the data they contain can be subjected to a variety of procedures using SQL, a standardized programming language. SQL is frequently used by database administrators, programmers writing scripts for data integration, and data analysts setting up and running analytical queries. SQL was originally developed in the 1970s.
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ABC classification relies on the Pareto principle. The Pareto principle observes that 20% of your customers drive 80% of the benefits.
a. true
b. false
This is a True and Rigid Statement.
According to the Pareto principle, 20% of causes account for about 80% of the consequences for many outcomes. This guideline is also known as the 80/20 rule, the law of the crucial few, or the factor sparsity principle.
Key Learnings. According to the 80-20 rule, 20% of causes result in 80% of outcomes. By giving priority to the 20% of elements that will result in the best outcomes, the 80-20 rule. The finest assets of an organisation should be identified, and they should be utilised effectively to generate the most value possible.Why is the Pareto Principle used?The Pareto Principle, which asserts an uneven link between inputs and outputs and is named after economist Vilfredo Pareto, states that 80% of outcomes result from 20% of the causes. This idea serves as a general reminder that inputs and outputs do not always have an equal connection.To Learn more about the Pareto Principle, Click the Links.
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The hr manager at a poultry-processing facility with 75 employees received a call saying that an osha inspector had arrived at the facility. what can she expect the company will need to do first?
Expect the company will need to do first, provide the inspector with records of any deaths, injuries, and illnesses
Human resources manager
The strategic approach to managing people in a company or organisation effectively and efficiently so that they contribute to their firm's ability to compete favourably is known as Human resources manager (HRM or HR). It is made to maximise worker performance in support of a company's strategic goals. In order to effectively manage people inside firms, human resource manager focuses on policies and systems. The design of employee benefits, hiring, training, development, performance reviews, and reward management, including pay and benefit administration, fall within the purview of HR departments. HR is also concerned with organisational change, labour relations, and reconciling organisational requirements with those imposed by collective bargaining agreements and governmental regulations.
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A firm has a return on equity of 21 percent. the total asset turnover is 2.0 and the profit margin is 9 percent. the total equity is $7,400. what is the amount of the net income?
The amount of the net income is $1554.
What is Net Income?
Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period. The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
The performance of various businesses in a given industry is analyzed and compared using a variety of financial measurements. Efficiency ratios, liquidity ratios, profitability ratios, and solvency ratios are the typical categories for these ratios.
The net income is given by:
=Return on Equity* Total equity
= 21%* $7,400
=$1554.
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Identify examples of consumer protections implemented by the federal government.
The following are some examples of consumer protection laws:
Fair Credit Reporting Act,
Federal Securities Act,
Dodd-Frank Act
Which Laws Protect Consumers?
To shield people from unethical commercial practices, there are regulations that protect consumers.
Consumer protection laws are designed to shield customers against dishonest corporate tactics, subpar goods, and potentially harmful products and services. They contribute significantly to a stable market economy, which is governed by both state and federal legislation. Although the free market's guiding principle used to be "buyer beware," these laws help keep vendors honest because there is no risk of unpleasant shocks.
Our protection from these kinds of problems is provided by consumer protection legislation. We should therefore become familiar with the more prevalent consumer protection regulations.
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Which matter is considered when calculating a country's balance of payments?
a. military expenditures
b. domestic inflation rates
c. foreign inflation rates
d. state unemployment
The matter that will considered when calculating a country's balance of payments is the military expenditures.
What is a balance of payments?This refers to the balance of international payments. This is athe statement of all transactions made between entities in one country and the rest of the world over a defined period such as during a month, quarter, year etc.
The balance of payments summarizes all transactions that a country's individuals, companies, government bodies complete with individuals, companies, and government bodies outside the country.
These balance of payments helps to measures the inflows and outflows of money from sectors such as tourism, foreign aid, military expenditures and foreign investments as well as flows resulting from exports and imports.
Hence, the matter that will considered when calculating a country's balance of payments is the military expenditures.
Therefore, the Option A is correct.
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Companies with a great deal of long-term debt are considered to have high _____ risk.
Generally speaking, stocks are riskier than bonds simply because they don't guarantee a return to the investor, in contrast to bonds, which do so through coupon payments.
Who is an investor?An investor is a person who invests money in a company, such as a business, in the hopes of earning a profit. Any investor's primary objective is to reduce risk and increase return. In contrast, a speculator is prepared to put money into a risky asset in the hopes of making a bigger profit.
You are not an owner; you are a lending investor. You have invested in ownership if you purchase stock in a corporation. Your proportionate part of the company's profits will be deducted from the return you receive.
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With other things unchanged, a rise in the average price of imports or a fall in the average price of exports will:_________
A fall in the average price of exports will basically worsen the terms of trade or with other things unchanged, a rise in the average price of imports.
The terms of trade will not be improved by this event; on the contrary, they will be made worse.
A rise in the average price of imports or a decline in the average price of exports make it impossible to increase the frontier of production possibilities.
Additionally, if other factors remain the same, the production possibilities frontier won't contract if exports average prices decline while import average prices increase.
All other things being equal, determining a set of equilibria enables one to forecast how much a nation will import at various international prices as well as how much it will export in excess of its domestic consumption at various international prices.
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True or false: the sarbanes-oxley act provides incentives for companies to go public in us markets.
This is FALSE statement. The Sarbanes-Oxley Act of 2002 is a United States statute. Congress passed this legislation to help safeguard investors from corporate fraud in financial reporting. None of this incentivizes companies to go public in markets of United States.
This "SOX Act" required rigorous modifications to current securities regulations and imposed harsh new penalties on violators thus, companies who knowingly certify misleading financial statements can now potentially face prison time.
Corporations must affirm the financial statement's veracity and accept responsibility for any inaccuracies in the annual report and these rules do not provide incentives for companies to go to public in US markets.
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If the marginal product decreases, what will happen to the total product and average product?
Answer: As the marginal product begins to fall but remains positive, total product continues to increase but at a decreasing rate.
A s.w.o.t. analysis includes? opportunities. threats. all of these are included in a s.w.o.t analysis. strengths. weaknesses.
SWOT analysis is a framework for identifying and analyzing a company's strengths, weaknesses, opportunities, and threats. these words make up the SWOT acronym.
The number one intention of SWOT analysis is to boom focus of the factors that cross into creating a business choice or establishing a commercial enterprise approach.
SWOT analysis is a strategic planning and strategic management method used to assist a person or business enterprise pick out Strengths, Weaknesses, opportunities, and Threats related to commercial enterprise opposition or project-making plans. it is every now and then known as situational evaluation or situational evaluation.
A SWOT evaluation is a planning tool that seeks to perceive the Strengths, Weaknesses, opportunities and Threats concerned in a task or agency. it is a framework for matching an employer's dreams, programs and capacities to the surroundings wherein it operates.
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________ products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort.
Consumers most frequently purchase convenience goods. They are purchased right away with little consideration of alternative possibilities. Products that the client may easily, quickly, and regularly purchase are known as convenience goods. Newspapers and soaps are examples of convenience goods, as are everyday foods like pasta or ketchup.
Consumer products can be divided into four categories. They are shopping items, specialty items, convenience items, and unanticipated items.
A group of consumer goods that are frequently, rapidly, and with little thought put into them; this group includes emergency supplies, impulsive purchases, and staples.
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Ginger is a representative for osha (occupational safety and health administration), and she makes surprise visits to the local paper manufacturing mill. Ginger inspects the worker's safety practices and runs through a checklist to determine if all standards are being met in the mill. What pathway in the manufacturing career cluster does ginger work in? question 11 options: production logistics and inventory control maintenance, installation
Ginger works in the control department.
As an OSHA representative, Ginger is in charge of making sure that nearby paper mills adhere to the numerous regulations and uphold standards of work. Since she is not involved in actual production but rather "controls" the standards of work at production facilities, this area of the manufacturing profession cluster is known as "controlling".
Controlling is the procedure of making sure that tasks are completed on time. In a business, tasks are completed in accordance with planned standards. It is one of a manager's most important responsibilities. Additionally, it ensures that the organisation is using its resources effectively and efficiently in order to meet set goals.
Since Ginger's job entails checking if standards are met and guidelines followed, she is in charge of 'controlling'.
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If the supply of and demand for a product decrease at the same time, then equilibrium:___.
At the same time, the equillibrium tends to increase.
Curves of supply and demand illustrate the connections between price and quantity. When supply and demand are in balance, there is equilibrium. Because revenues are a function of price and quantity, the form of these curves and the equilibrium price have an impact on both small and large firms. The supply and demand curves for various industries are influenced by the joint actions of firms and customers, even if a single business cannot change the shape of these curves.
Include shifts in consumer expectations and new technologies when predicting a supply curve shift. The converse is true for downward movements in the supply and demand curves, which show growing supply and decreasing demand, respectively.
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suppose the advancement of computers has decreased the productivity of a paper mill. this will likely cause the supply curve for paper.
The supply curve for paper will experience a leftward shift because of the decreased productivity of a paper mill due to the advancement of computers. That means the supply of paper will decrease.
The supply curve is a curve that provides a graphical representation of the law of supply. It presents the relationship between the price of the commodity and the quantity of the same a seller is willing and able to supply. The quantity supplied is measured on the horizontal axis and the price on the vertical axis respectively. This demonstrates that as the price increases, the quantity supplied increases and vice versa given the ceteris paribus conditions.
The supply curve shifts with the minute change in the factors that are assumed to remain constant. These factors include labor productivity, input costs, technology, producer expectations, government actions, and so on. The leftward shift in the supply curve indicates a decrease in the quantity supplied and a rightward shift indicates an increase in the same and so on.
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Producing or associated with the generation of pus is:_________
a. inflammation
b. suppurative
c. edematous
d. erythroplakia
e. leukoplakia
Suppurative refers to the production or presence of pus.
When the substance that caused the inflammation is challenging to get rid of, a procedure known as suppuration known as pus creation takes place. Pus is a viscous liquid made up mostly of bacteria, dead and dying neutrophils, cellular waste, and fluid that is oozing from blood vessels. White blood cells undergo phagocytosis, which results in the formation of material near the infection site that contains pathogens, old leukocytes, and other detritus. Pus production is referred to be purulent or suppurative. Others use the terms purulent and suppurative in a more precise manner, referring to the pus that is growing in the afflicted region as purulent and the pus that is seeping from the site of an injury or infection as suppurative.
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The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the ________ rate and all income statement items at the ________ rates.
The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the closing rate and all income statement items at the average rates.
What is meant by current rate method?The majority of financial statement items are translated using the current exchange rate under the current rate method of foreign currency conversion.
When a company has operations abroad, it could be necessary to convert the foreign currency that is earned by such operations into the presentation currency, which is the currency that is used to prepare the firm's financial statements. The current rate technique is applied in circumstances where the subsidiary isn't well connected with the parent firm, and the local currency where the subsidiary works is the same as its functional currency.
The current rate technique is a widely used method of currency conversion that makes use of the current exchange rate on the market.
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Countries experiencing balance-of-payments deficits can obtain short-term loans from?
Generally, any countries that is experiencing balance-of-payments deficits can obtain short-term loans from the International Monetary Fund.
What is the role of International Monetary Fund?The Financial body is established to promote trade amongst member nations by eliminating and fostering financial cooperation. The International Monetary Fund makes a short-term loans to member countries that have balance of payment deficits and provides foreign currency to member nations. This body is the closest thing the world has to an international central bank.
As a country with a balance of payments deficit tells that its imports more goods, services & capital than it exports which might make it borrow from other countries to pay for its imports, then, the International Monetary Fund can provide a short term funding to stabilize the deficit.
Therefore, any countries that is experiencing balance-of-payments deficits can obtain short-term loans from the International Monetary Fund.
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In a competitive market, the market demand is qd = 400 - 5p and the market supply is qs = 10p - 80. the full economic price under a price ceiling of $25 is:_________
In a competitive market, the full economic price under a price ceiling of $25 is $170.
Given,
QS = Quantity supplied
QD = Quantity demanded
P = Price
At P = $25
Thus,
QD = 400 - 5P
QD = 400 - 5(25)
QD = 400 - 125
QD = $275
The market supply is QS = 10p - 80
QS = 10 (25) - 80
QS = 250 - 80
QS = $170
Hence, in a competitive market, the full economic price under a price ceiling of $25 is $170.
A price ceiling keeps a price from rising above a certain level. Price ceilings is used by government to protect consumers from conditions that could make commodities prohibitively expensive.
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c has a $100,000 traditional whole life insurance policy with a $30,000 cash surrender value. he applies for and receives a $10,000 policy loan from the insurer. all of the following about this transaction are true, except:
All of the following about this transaction is true, except if C were disabled, his beneficiaries would receive $70,000, less any outstanding interest charges.
An insurance policyholder and an insurer or assurer enter into a contract for life insurance under which the insurer agrees to pay a predetermined beneficiary a certain amount of money in the event that the policyholder dies. Other occurrences, like critical illness or terminal illness, may also result in payment, depending on the terms of the contract. Benefits from life insurance policies may be used to assist with final expenses after your death. Funeral or cremation expenses, uninsured medical expenses, estate settlement costs, and other unpaid debts may fall under this category. Generally, you are only permitted to withdraw money from the policy up to the number of premiums already paid tax-free. Usually, you must pay taxes on any sum that exceeds the premiums you have already paid.
Note that the full question is:
C has a $100,000 traditional whole life insurance policy with a $30,000 cash surrender value. He applies for and receives a $10,000 policy loan from the insurer. All of the following about this transaction are true, except:
-the loan carries a fixed or variable interest rate
-if the policy is surrendered, C would receive $20,000 less any outstanding interest charges
-If C died, his beneficiaries would receive $90,000, less any outstanding interest charges
-If C were disabled, his beneficiaries would receive $70,000, less any outstanding interest charges
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The most probable price that a property should bring in an open and competitive market is part of the:____.
The most probable price that a property should bring in an open and competitive market is part of the market value.
What is a Competitive Market?Consumer demands for goods and services result in the formation of a competitive market. Because of the rivalry it fosters, businesses are forced to consider their costs of production, pricing policies, and product output.
In competitive marketplaces and in the idea of perfect competition, the buyer and seller are taken into account equally and strategies are developed based on the supply and demand dynamics at the time.No single consumer or producer has the power to control the market in a competitive one.
In an ideal market, there are numerous knowledgeable buyers and sellers, no restrictions on entering the market, and no chance of a monopoly. A competitive market has ten characteristics, including profit, competition, shrinking supply, rivalry, and exclusion.
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The common set of standards and procedures by which audited financial statements are prepared are called:_________
The common set of standards and procedures by which audited financial statements are prepared are called GAAP
The Financial Accounting Standards Board (FASB), an independent non-profit organization, creates the standards. Accounting standards increase financial reporting's openness across the board. The commonly used set of accounting standards for creating financial statements in the US is known as generally accepted accounting principles (GAAP).
The International Accounting Standards Board (IASB) has established the International Financial Reporting Standards (IFRS), which are used by international businesses that report financial accounts and are not subject to U.S. GAAP. In the United States, both public and private institutions frequently apply widely accepted accounting standards.
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The price that results when quantity demanded equals quantity supplied is most correctly called the:_________
The price that results when quantity demanded equals quantity supplied is more correctly called the equilibrium price.
What determines the equilibrium price?The situation where supply and demand in the market are equal, indicates a situation of equilibrium between prices, that is, it is a situation determined by micro and macroeconomic factors, such as economic policy and the purchasing power of consumers, which establish a ideal condition of the economy.
Therefore, the equilibrium price is an indicator of security, making the market for goods and services balanced and controlled, where revenues are equal to costs, without an imbalance capable of generating price increases and economic scarcity, for example.
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Break-even analysis for a service company involves:________
a. units of product manufactured.
b. units of product sold.
c. profit margin.
d. unit of analysis.
Break-even analysis for a service company involves unit of analysis.
What is Break-even analysis?
Break-even analysis calculates a company's margin of safety and compares it to the revenue the company generates and its associated costs. In other words, the analysis shows the turnover required to cover operating costs. Break-even analysis determines the level of revenue required to cover the company's total fixed costs by analyzing different price levels in relation to different levels of demand. A seller's selling power is revealed to a large extent by demand-side research.
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