In a simple circular-flow model, there are flows of _________ and flows of _________.

Answers

Answer 1

In a simple circular-flow model, there are flows of "Factors of production; goods and services" and flows of "Funds received from the sale of factors of production; spending on final goods and services".

This is further explained below.

What are the Factors of production?

Generally, The materials that make up the economy's fundamental building blocks are known as factors of production; these are the things that people rely on in order to generate commodities and services. Land, labor, capital, and entrepreneurial initiative are the four subcategories that economists use to classify the components of production.

In conclusion, There are streams of "Factors of production; products and services" and flows of "Funds obtained from the sale of factors of production; expenditure on final goods and services" in a straightforward model with circular movements of materials and money.

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Related Questions

When it comes to communication skills, employers express particular frustration with?

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When it comes to communication skills, employers express particular frustration with experienced workers who shun new technologies.

Communication is the act of giving, receiving, and sharing information. That is speaking, writing, listening, and reading. Good communicators listen carefully, speak and write clearly, and respect different opinions. A communication process refers to the sequence of actions or steps taken to achieve successful communication. It includes several components such as the sender of the communication, the actual message being sent, the encoding of the message, the receiver of the message, and the decoding of the message.

Communication is defined as giving, receiving, or exchanging information, opinions, or ideas so that the message is fully understood by all parties involved. Communication is a two-way process and includes the sender, message, channel, recipient, feedback, and context.

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True or false: there is only one method for preparing the statement of cash flows.

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It is a false statement that  there is only one method for preparing the statement of cash flows.

What is a statement of cash flows?

In accounting, this refers to the financial statement that provides an aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources.

Because there is a direct and indirect statement of cash flows, then, It is a false statement that  there is only one method for preparing the statement of cash flows.

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Describe the five long-term benefits of maintaining integrity in small businesses

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Answer:

A stronger reputation

Employee Satisfaction

Stronger Sales

Long Term Outlook

Treat Everyone the same

A direct-response information form found in a magazine advertisement that allows customers to send for more information has a primary objective of:________

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A direct-response information form found in a magazine advertisement that allows customers to send for more information has a primary objective of encouraging product trial.

Consumer trials are a very important part of any new product launch. Product trials or  samples give consumers an opportunity to try the product without any risk before they consider it for the  long-term use.

In order to induce the consumers to try any product, marketers can offer free samples in stores or other different outlets, invite prospects to an event where such product is available and distribute coupons which the consumers can redeem with their first purchase of the product.

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What places a financial value on brand equity for accounting purposes, mergers and acquisitions, or other reasons?

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The valuation approach gives brand equity a monetary value for accounting, mergers, acquisitions, and other similar uses.

The method used to ascertain a company's fair market value is called a valuation approach. Depending on the situation, some valuation techniques are more suited than others. When determining the fair market worth of their company, business owners most frequently employ the market approach. This strategy might be deceptive because the comparisons might be made with other private transactions or public firms, which might not even be comparable at all. Additionally, when a company is expanding quickly, the market approach isn't appropriate. The discounted cash flow method would be better suitable in this situation.

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Which financial shenanigan was worldcom guilty of in the early 21st century? multiple choice question. understating profits special purpose entities to move debt overstating profits imaginary accounts

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Which financial shenanigan was WorldCom guilty of in the early 21st century - Overestimating profits

Financial Shenanigan
A sizable number of financial scams at firms like Tyco, WorldCom, and Enron were made public in the United States in 2001 and 2002. Senior executives in the Enron and WorldCom trials were found guilty and given prison sentences for lying to investors and employees. Due to the wave of corporate shenanigans that took place at this time, the Sarbanes-Oxley Act, which introduced new and better rules for all boards, management, and public accounting firms of U.S. public businesses, was approved in July 2002. One goal of this regulation was to make it simpler for auditors to detect inventive accounting problems as they were previously ignorant of reporting manipulations.

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As long as you receive the same amount, is a sum of money worth the same today and one year later?

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As long as you receive the same amount, is a sum of money worth the same today and one year later the time value of money.

What is value of money?

The demand for money, like the value of commodities and services, determines the value of money. What people are willing to exchange for it and how much there is of it both serve as indicators of a currency's value. If you can earn 10% interest, for instance, $100 today is worth $110 after a year. So, a $100 payment made today is equal to a $110 payment made over a year. The $10 in interest that $100 could earn during that time period is its time value.

therefore,

As long as you receive the same amount, is a sum of money worth the same today and one year later the time value of money.

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Employing case managers to do home-visits for patients whose asthma is not well-controlled despite health education and medication is an example of:_________

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Employing case managers to do home-visits for patients whose asthma is not well-controlled despite health education and medication is an example of Innovative clinical prevention.

What is Innovative clinical prevention?

These refer to any methods that are used to ensure that people's health conditions do not get worse.

They are especially useful in cases where health education and medication are not working as is the case with these asthma patients. The case managers can ensure that the patients get the best care by doing home-visits.

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(1) An american who perfectly matches the statistical average receives additional income amounting to $5,000. she spends $4,500 of it. what must be her marginal propensity to save? (2) Based on the information in part (a), calculate the tax multiplier in this economy. (3) Which component of aggregate demand will be most directly impacted by a change in the income tax rates? explain. (4) Assume the government increases the income tax revenues by $100 billion. based on the information in part (a), what will be the total possible change in aggregate demand, ceteris paribus? (5) Assume the government increases government spending by $200 billion. based on the information in part (a) What will be the total possible change in aggregate demand, ceteris paribus? (6) What is the autonomous spending in the scenario from part (e)? (7) Assuming all impacts were explained directly through the multipliers, and based on the information from part (b), what would be the change in gdp that would result from the government decreasing spending by $18 billion at the same time that it decreases corporate taxes by $20 billion?

Answers

According to the information provided, the Marginal Propensity to Save (MPS) of the American is given as 0.1

(a)As we know, Marginal propensity to save=change in savings/change in income. Here,

change in savings=$500Change in income=$5000

So, Marginal propensity to save

(MPS)=500/5000MPS =0.1

(b) Tax Multiplier=MPC/(1-MPC)

MPC=1-MPS

=1-0.1

=0.9

Tax multiplier=0.9/0.1 =9

So, Tax Multiplier=9

(c) Given,the government increases the income tax revenues by $100 billion.As we know when government increases the income tax revenues,it affects the households disposable income.

An increase in tax, decreases the disposable income and the consumer spends less and the aggregate demand becomes less.The total possible change in aggregate demand is:

Change in aggregate demand(y)/change in tax(t)=MPC/MPS

y/100=0.9/0.1

y/100=9

$900

Change in aggregate demand=​​​​​​$900

(d) The govemment increases government spending by $200.Aggregate demand increases by $200 billion multiplied by the government expenditure multiplier by the following steps.

The total possible change in aggregate demand:

=>change in aggregate demand (y)/change in government spending (g)=1/MPS

y/200=1/0.1

y=(1/0.1)×200

y=10 ×200

y=$2000

change in aggregate demand=$2000.

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According to "scientific view of risk", most of the public’s view of risk is ___________ than risk experts.

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According to "clinical view of hazard", maximum of the public’s view of hazard is distinctive than hazard experts.

Who are risk experts?

A danger control professional is a function that agencies rent to search for any dangers that would damage their backside line. This task has historically targeted monetary issues. However, danger managers are being positioned beneath an increasing number of stress to discover capacity employee protection dangers, third-birthday birthday celebration dangers, cybersecurity dangers, and privacy-associated issues.

As a result, sources along with money, people, facilities, IT, data, and recognition are actually taken into consideration to be a part of danger control. One of the organization control roles with the quickest charge of increase became the sector of danger control experts earlier than the COVID-19 pandemic in early 2020 provided new dimensions of marketplace danger. Businesses are stressed for greater because of COVID-19's large consequences and weather changes.

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A firm's product-market screening criteria for evaluating existing plans and possible new opportunities should consider:________

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A firm's product-market screening criteria for evaluating existing plans and possible new opportunities should consider;

A set of product-market screening criteria.should analyze the firm's resources  that is, strengths and weaknesses.Should analyze the environmental trends the firm faces.It should also analyze the objectives of top management.

Market Screening is the process of discovering relevant information about a tradable asset in order to determine a fair price for the asset.

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Which method of transferring ownership to real property will real estate professionals most often encounter?

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Deed is the  method of transferring ownership to real property will real estate professionals most often encounter.

What is deed in real estate?

The deed in real estate is the term that is used to refer to the legal document that would have to do with the transfer of the ownership of a property to someone else.

The deed would be the document that would have to recognize the person selling as the granter while the person that is buying is the grantee.

Hence we can say that Deed is the  method of transferring ownership to real property will real estate professionals most often encounter.

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Dexter loses his breach-of-contract case against micheletta in a georgia state trial court. dexter appeals to the state court of appeals. losing again, he files his next appeal with:________

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Dexter is unsuccessful in proving Micheletta's breach of contract in a Georgia state trial court. To the state court of appeals, Dexter files an appeal. After yet another defeat, he submits his next appeal to the Georgia Supreme Court.

Breach of Contract: There has been a legally binding contract breach when one of the stipulated terms and conditions has been violated. Any infraction, from a late payment to a more significant one like failing to deliver a promised asset, is a breach. This is known as a contract violation.

Dexter loses his breach-of-contract case against Micheletta in a Georgia state trial court. dexter appeals to the state court of appeals. losing again, he files his next appeal with Georgia Supreme Court.

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There are only a few situation factors that can impact an outcome when you are trying to accomplish something. True or false

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There aren't many circumstances that can affect how anything turns out when you're attempting to get something done. false

Situational influences, including parental divorce, can have an impact on a child's or young person's life. Certain situational conditions may put some kids and teens at higher risk for social, emotional, and mental health (SEMH) issues.

How do environmental influences influence behavior?

To sum up, in terms of interpersonal obedience, the situational factors that influence behavior include the belief that the person you obey appears to have the authority to demand obedience and is in control of your behavior (sometimes merely a view that is reinforced by the environment).

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There are numerous exceptions to the parol evidence rule, with perhaps the most common being when ________ evidence serves to clear up a(n) ________ part of an agreement.

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The parol evidence rule has many exceptions, with possibly the most prevalent one being when oral evidence serves to clear up a(n) ambiguous part of an  agreement.

More about the parol evidence rule:

The parol evidence rule is a principle of Anglo-American common law that controls the types of evidence that parties to a contract dispute may provide in an effort to ascertain the precise terms of the contract.

The parol evidence rule also prohibits parties who have reduced their agreement to a finalized written instrument from adding further evidence later on as proof of a different intent regarding the contract terms, such as the content of oral exchanges from earlier in the negotiation process.

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Firms selling appliances in the eu often expect to utilize a global standardization strategy but ultimately are unsuccessful because:__________

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Firms selling appliances in the EU often expect to utilize a global standardization strategy but ultimately are unsuccessful because of all of the above options.

What is Selling Firms?

Selling Firms is known to be a term that connote  an Underwriters composition with other investment dealers as well as brokers which are said to be involved in the offer as well as sale of the Offered Securities that is found to be under the terms of this Agreement.

Note that Firms selling appliances in the EU often expect to utilize a global standardization strategy but ultimately are unsuccessful because of all of the above options which are:

a. Regulations governing appliance configurations are very different in each country in the EU.

b. Distribution capabilities in many EU countries remain undeveloped, making it difficult to reach certain consumers.

c. The cultures of many European countries have different customs and habits that influence how they cook and clean.

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Firms selling appliances in the EU often expect to utilize a global standardization strategy but ultimately are unsuccessful because:

a. Regulations governing appliance configurations are very different in each country in the EU.

b. Distribution capabilities in many EU countries remain undeveloped, making it difficult to reach certain consumers.

c. The cultures of many European countries have different customs and habits that influence how they cook and clean.

d. All of the above.

An operation has a build up of grease and condensation on the walls and ceiling. what is the most likely the problem?

Answers

The ventilation system is malfunctioning.

the required details about ventilation is mentioned below

A ventilation is what?

The mechanical system in a structure that introduces "fresh" outdoor air and exhausts "contaminated" internal air is known as ventilation.

Ventilation is utilized in the workplace to limit exposure to airborne contaminants. It is frequently used to eliminate impurities from the air, including as fumes, dust, and vapours, to create a safe and healthy working environment. Ventilation can be achieved naturally (by opening a window, for example) or artificially (e.g., fans or blowers).

Industrial systems are made to move a certain amount of air out (exhaust) and in (intake) at a certain pace (velocity), which eliminates unwanted impurities

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jill is selling her property and hired david as her agent. david brings another client, kirk, to see the property, which kirk is interested in purchasing. what kind of agent is david acting as in this scenario?

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David is acting as a dual agent here.

A dual agent is a person who represents the both  buyer as well as the seller in any transaction. Dual agents and designated agents are generally confused. However unlike a dual agent  assigned agents are those two individuals who represent the buyer and the  seller separately.

The assigned agents may also work for the same brokerage firm.

With the  assigned agents one can also rest assured that someone is looking out for the best interests. As a result of this  many buyers and sellers choose to work with a specific agent in order to ensure that their realtor is  an actively looking  person for their best interests.

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Firms that can effectively price discriminate can increase profitability when they engage in?

Answers

If there are two submarkets with distinct demand elasticity. By establishing various prices, the company will enhance earnings.

What is Discrimination?

Putting people into various groups, classes, or other categories based on their membership in or perceived membership in those groups, classes, or categories is known as discrimination. People may be the target of discrimination for a variety of reasons, including race, gender, age, religion, handicap, sexual orientation, and others. The majority of the time, discrimination occurs when someone or a group is treated unfairly or worse than others due to their actual or perceived membership in one or more groups or social categories. Denying members of one group access to chances or privileges that are reserved for another group is what it means.

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According to one source, how many federal regulatory offenses are there, in addition to 4,000 federal criminal laws and 1,700 state crimes in texas?

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The number of federal regulatory offenses are there, in addition to 4,000 federal criminal laws and 1,700 state crimes in Texas is 300,000.

What are federal regulatory offenses?

The regulatory offenses can be described as the types of legislations that have been seen and declared to be prohibited by the legislative arm of the United States.

These are established by the departments and the agencies that are in the country. Hence we can say that The number of federal regulatory offenses are there, in addition to 4,000 federal criminal laws and 1,700 state crimes in Texas is 300,000.

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A seller wants to net $55,614 from the sale of her house after paying a 7ommission. her minimum sales price will have to be?

Answers

Based on the amount that a seller wants after the sale of the house and the commission percentage, the minimum sales price of the house will be $59,800

What is the minimum sales price?

When you have the net amount desired and the commission, the minimum sales price of a property can be found by the formula:

= Desired sales price / (1 - commission amount)

Solving for the minimum sales price gives:

= 55,614 / (1 - 7%)

= 55,614 / 0.93

= $59,800

In conclusion, the minimum sales price should be $59,800.

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Reporting revenues when the goods or services are provided and expenses when they are incurred is called:________

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Reporting revenues when the goods or services are provided and expenses when they are incurred is called accrual accounting.

What is accrual accounting?

Accrual accounting is a method used to record revenues or expenses where revenue is recorded when a service is provided and an expense is recorded when incurred.

The purpose of accrual accounting is to match income and expenses with the period in which they occur. The accrual accounting method is the method approved by the IFRS and the US GAAP.

In contrast to accrual accounting, there is another accounting method known as cash accounting. In cash accounting, revenue is recorded only when cash is received and expenses are recorded only when cash is paid.

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In order to compete more effectively, griffin international has decided to change its business strategy by adjusting its labor force and shifting work to locations abroad. griffin is practicing:________

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Offshoring is a practice done by griffin by adjusting its labor force and shifting work to locations abroad in order to compete more effectively, griffin international has decided to change its business strategy.

What is Offshoring ?

Offshoring is the process of moving operations or ownership of an entire business process to a nation other than the one (or nations) in which the company requesting the services is based. This is primarily done to gain access to a labor market with lower labor costs, though it might also be done to find more skilled workers or build a presence for a company abroad. Companies offshore through a variety of business structures, including an outsourcing agreement with a third party or the establishment of their own Global In-house Center (GIC) presence.

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Interviewing job candidates to assess their fit with the job and organization is part of ________. group of answer choices

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Interviewing job candidates to assess their fit with the job and organization is part of screening.

Screening is the procedure taken by the human resource department of the organisation where this is an important component while selecting an employee that fits best in favor of the organisation.

Some of the other process that takes place during the recruitment are filling job questions, group discussions, personality tests , shortlisting and on the job training that helps to choose the best out of a lot of candidates.

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A medium containing known substances in precise amounts is known as a ________ media.

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A medium containing known substances in precise amounts is known as a defined media.

While differential medium is used to differentiate between different types of organisms, selective medium allows the growth of a specific type of microorganism. Because of this, selective media differ from differential media 30 to 300.

Selective medium typically favors the growth of a desired organism while inhibiting the growth of undesirable organisms or killing them off completely. Differential media makes use of the biochemical traits of the target organisms, frequently resulting in a noticeable shift when the target organisms are growing.

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If an employee within an employee entity has a relationship with itself, that relationship is known as a:_________

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If an employee within an employee entity has a relationship with itself, that relationship is known as a: Recursive

What is recursive relationship?

Recursive relationships, which reflect the possibility of one firm owning another, are non-identifying relationships between two entities or tables. The parent entity or table and the child entity or table are identical in this kind of relationship. These two varieties of recursive relationships are possible to develop:

Hierarchical Recursive or (single-table recursion). A parent entity or table can have any number of children in this kind of relationship, but a child can only have one parent.

Network Recursive or (double-table recursion. A parent entity or table can have any number of children in this kind of relationship, and a child can have any number of parents.

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When marketers shift their focus from single transactions to creating ongoing relationships through high-engagement, experiential, customer journeys it is an example of a ______.

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When marketers shift their focus from single transactions to creating ongoing relationships through high-engagement, experiential, customer journeys it is an example of a competitive force.

What are  competitive force?

Competitive forces  can be described as the  factors as well as  variables that can serves a treat to the  company's profitability as well as  preventing its growth.

In this case , it should be noted that When marketers shift their focus from single transactions to creating ongoing relationships through high-engagement, experiential, customer journeys it is an example of a competitive force.

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Major airlines change hundreds of fares daily in response to competitor tactics, which is an example of using.

Answers

As the Major airlines change hundreds of fares daily in response to competitor tactics, this is an example of using a competitive intelligence.

What is a competitive intelligence?

It is also called a corporate intelligence. It refers to a firm's ability to gather, analyze and use information collected on competitors, customers and market factors to its business's competitive advantage.

This type of intelligence is important because it helps businesses understand their competitive environment and the opportunities and challenges it presents. It allows businesses to analyze the information to create effective and efficient business practices.

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Buying and selling long-term assets are considered _____ activities in the statement of cash flows of a firm.

Answers

Buying and selling long-term assets are considered investing activities in the statement of cash flows of a firm.

What Is a Cash Flow Statement?

A cash flow statement is a financial statement that gives aggregate data consisting  all cash inflows a company collects  from its ongoing operations and external investment sources. It also consist of   all cash outflows that is paid for any  business activities and investments during a  period.

What is Cash Flow?

Cash flow means to the net balance of cash moving in and out of a business at a specific time. Cash is continuously moving into and out of a business. For example, when a retailer buys inventory, cash  flows out of the business toward its suppliers.

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Firms have a tendency to change the industry structure in their favor, for example by making industries more ______through mergers and acquisitions.

Answers

Firms have a tendency to change the industry structure in their favor, for example by making industries more Consolidated through mergers and acquisitions.

What are the major types of industry structure?

The four famous types of market structures possess perfect competition, oligopoly market, monopoly market, and monopolistic competition

What is represented by industry structure?

Industrial structure represents the composition of a country's economic activity, the presentation of human material provisions. Industries are usually classified into three basic types according to their stage within the presentation process, or the type of value being added to a biological resource.

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