Most cryptocurrencies are not backed by central banks or any other government authority. In fact, one of the fundamental principles of cryptocurrencies is that they are decentralized and operate outside of the control of traditional financial institutions.
Unlike traditional currencies that are backed by governments and central banks, cryptocurrencies rely on cryptography to secure transactions and control the creation of new units. They typically operate on a distributed ledger technology such as blockchain, which is maintained by a network of nodes rather than a centralized entity.
However, some central banks have explored the possibility of issuing their own digital currencies, commonly known as central bank digital currencies (CBDCs), which would be backed by the central bank and operate in a similar way to cryptocurrencies.
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When working with text boxes and shapes, which tab contains settings for applying shadows and 3-D rotation to objects?
Fill & Line
Effects
Size & Properties
Picture
Answer:
B) Effects
Explanation:
In Microsoft Presentation the shadows and 3-D rotation option are available inside the Home tab. This option is used to provide special effects on the slides. and other options are not correct that can be described as:
The fill & Line both option working is different from each other the fill option used for fill color in shapes and the Line is used to provide a line in the presentation.The Size & Properties option is used to change the size and property of an object.The picture option is used to insert a picture or modify a picture in the presentation.
Answer:
Effects
Explanation:
Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 7.2% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?
It will take approximately 4.60364 years (2 × 2.30182) for Brockman's EPS to triple if the growth rate is maintained.
We can use the Rule of 72 to determine how long it will take for earnings per share (EPS) to triple if the growth rate is maintained.
The Rule of 72 can be defined as the time it takes for an investment to double, given a fixed annual interest rate. If the annual interest rate is divided by 72, the number of years it takes for the investment to double is calculated.
The formula is as follows: (72 / annual growth rate = number of years to double)
To get the number of years it will take for EPS to triple, we can use this formula: 3.00 = 1.00(1 + 0.072)n/2
We will isolate n/2 by taking the logarithm of both sides.
0.9542425n/2 = ln(3.00)
Divide both sides by 0.9542425 to get:
n/2 = ln(3.00) / 0.9542425
n/2 = 1.098612 / 0.9542425
n/2 = 1.15091
n = 2.30182
Therefore, it will take approximately 4.60364 years (2 × 2.30182) for Brockman's EPS to triple if the growth rate is maintained.
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To be a kindergarten teacher do you need university
Antitrust laws were created to give government the power to
Answer:
To protect consumers from predatory business practices and ensure fair competition.
Explanation:
thats it give me points pls
Adele got a loan for $8,000 at 12% for 24 months.
The monthly payments are $376.80.
After 15 payments, the balance is $3222.44
1.
Adele wants to pay off her loan right now. What is the interest on the final payment?
2. If she wanted to pay off the loan right now, how much would it cost (hint: use your answer from (a) to help)?
3. What would have been the total amount she would have paid if she didn't pay it off early?
4. How much money has she already paid after 15 payments?
5. How much money was saved by paying the loan off early?
adam smith opposed government taxation and spending. true or false?
False. Adam Smith, an 18th-century philosopher and economist, did not oppose all government taxation and spending.
Economists are professionals who study how societies allocate resources to meet their needs and wants. They analyze economic data, create economic models, and make predictions about future economic trends. Their work is critical in informing policymakers, businesses, and individuals on how to make sound economic decisions.
Economists can specialize in various fields such as macroeconomics, microeconomics, international economics, public policy, and financial economics. They work in a variety of settings including government agencies, universities, research institutions, and private businesses.
Economists have a significant impact on our daily lives as their research informs decisions related to market taxation, healthcare, education, infrastructure, and many other areas. They play a vital role in shaping public policy, promoting economic growth, and creating a more prosperous society.
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determine central ideas what are the two main parts of a cost/benefit analysis? how are they used to make a decision?
Cost-benefit analysis has two components, as the name suggests. Knowing the cost and comparing the benefit to that cost constitutes this.
What are a cost-benefit analysis's two key components?Cost-benefit analysis, in general, is totaling up all expenses associated with a project or choice and deducting that sum from the predicted benefits of the project or decision.
What does cost-benefit analysis mean when making decisions?The process of calculating the advantages of a choice or action, less the expenses involved in that choice or action, is known as a cost-benefit analysis. A cost-benefit analysis includes quantifiable financial measurements, such as money generated or costs avoided as a result of the project's choice.
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at the point of equilibrium shown in the graph, how many slices of pizza will the pizzeria supply, and at what price?
400 slices at prize of $2.50
At the point of equilibrium shown in the graph, the pizzeria will supply 400 slices of pizza at a price of $2.50.What is Equilibrium?Equilibrium is the point at which the supply of a good meets the demand for it. This means that the quantity demanded of a good is equal to the quantity supplied at the equilibrium price. The equilibrium price and quantity are determined by the intersection of the supply and demand curves.Supply and demand curves can be used to represent a market. A market is any system or platform where buyers and sellers interact with each other. In this context, buyers represent the demand, and sellers represent the supply of goods or services.What is Supply?Supply is the total amount of a good or service that a firm is willing and able to produce and sell at a given price. This is because, as the price of a good increases, the quantity supplied of that good increases as well. This is because firms are more willing to produce and sell goods that are more profitable.What is Price?Price is the amount of money that is charged for a good or service. In general, prices are determined by the interaction of supply and demand. When the quantity supplied of a good is greater than the quantity demanded, the price of that good will fall. When the quantity demanded of a good is greater than the quantity supplied, the price of that good will rise.
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ERD/ERM design using the business rules with examples and
explaining differences between ERD/ERM. ERM diagram
Entity-relationship diagrams (ERDs) and entity-relationship models (ERMs) are both visual representations of database structures. The difference between the two lies in their level of complexity and scope.
What is an ERD?ERD stands for "Entity-Relationship Diagram," and it's a visual representation of the relationships between entities in a database. ERDs depict entities, attributes, relationships, cardinalities, and sometimes data types and constraints. ERDs are also referred to as "ER Diagrams," "ER Models," and "ER Notations."An ERD depicts a smaller piece of a data model than an ERM, making it easier to comprehend. ERDs are more often utilized in database design because they are less complex and can be used to develop smaller-scale systems.
What is an ERM?ERM stands for "Entity-Relationship Model," and it's a conceptual data model that incorporates entities, relationships, and attributes. An ERM describes the overall system design, which includes many databases and their interactions. ERMs are used for big systems such as enterprise resource planning (ERP), which require more extensive data models.ERMs enable database designers to represent complex systems more accurately, which is why they are utilized in ERP systems and other huge data-driven solutions. ERMs help businesses and organizations understand their data and how it is linked.
What are business rules?Business rules are the policies, procedures, and regulations that guide a company's decisions. They reflect a company's objectives, functions, and processes, and they assist in enforcing data quality. Business rules help businesses to stay compliant, manage their information accurately, and avoid data errors or mishaps.Examples of business rules may include a company's data retention policy, regulatory requirements such as the Sarbanes-Oxley Act or HIPAA, or internal policies such as inventory control, purchase authorization, or customer service response times.
How to use business rules in ERD/ERM design?Entity-relationship diagrams are based on a set of business rules, which are critical for understanding and organizing data. Business rules aid designers in determining the relationships between entities, defining attributes, and establishing cardinality. Without clear business rules, the database's structure and performance will be jeopardized.
Examples of using business rules in ERD/ERM design are as follows:- In an online shopping system, the customer entity may have a business rule that requires a unique customer ID. This is used to link orders, payments, and customer information together. - In a healthcare information system, there may be a business rule that requires patient information to be encrypted.
This is used to protect the patient's personal health information. - In an employee management system, there may be a business rule that requires a manager's approval for all employee vacation requests. This is used to ensure adequate staffing and minimize business interruptions.
What is the difference between ERD and ERM?Entity-relationship diagrams are more focused and less complex than entity-relationship models. ERDs are used to create smaller-scale databases, while ERMs are used to model huge systems.ERDs include entities, relationships, attributes, and cardinality, but ERMs include all of these components as well as data types, constraints, and system scope. ERMs require more comprehensive knowledge of the data structures and relationships of an entire system and are usually used by database administrators in more complex systems.
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Which of the following are types of evidence that can be used to support a
controlling idea? *
facts (statements that can be proved true)
statistics (data that is gained from research)
examples (specific instances of a general idea)
anecdotes (brief stories that illustrate a point)
all of the above
Answer:
all of the above
Explanation:
The controlling idea is the text that grabs the reader's attention in a paragraph or headline. It arouses curiosity in the audiences. The controlling idea makes people eager and anxious for details. In support of the controlling idea, the writer uses evidence to paint a clear picture of the events or story.
Some of the evidence that a writer can use include
Verifiable facts and dataReal-life stories and experiencesResearch outcomesFactual information in the public domainFILL IN THE BLANK. 6. Individual Problems 4-6 A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 60,000 pages per day. One month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. A copier costs about three times as much as a worker. Assume these increases in productivity per worker ar hire another worker re good proxies for future increases in productivity when hiring additional workers or purchasing additional copiers. purchase another copier Based on this information, the copy company should _____ in order to expand output.
Based on the given information, the copy company should purchase another copier in order to expand its output. Let's analyze the given information: It is given that the copy company has 20 workers who share eight copiers. The firm added two copiers two months ago, and output increased by 60,000 pages per day. The firm added five workers one month ago, and productivity increased by 25,000 pages per day.
A copier costs about three times as much as a worker. In order to expand output, the company needs to decide whether to hire another worker or purchase another copier. For this, we need to find out which option will give more output by comparing the marginal products of workers and copiers. Marginal product of labor is the additional output that is produced when one more worker is hired. Similarly, the marginal product of a copier is the additional output that is produced when one more copier is purchased. Using the given information, the marginal product of a worker can be calculated as: Marginal product of a worker = Increase in productivity / Increase in the number of workers= 25,000 pages per day / 5 workers= 5,000 pages per day Similarly, the marginal product of a copier can be calculated as: Marginal product of a copier = Increase in productivity / Increase in the number of copiers= 60,000 pages per day / 2 copiers= 30,000 pages per day From the above calculations, we can see that the marginal product of a copier is higher than the marginal product of a worker. This means that purchasing another copier will lead to a greater increase in output than hiring another worker. Also, a copier costs three times as much as a worker. Therefore, purchasing another copier is a more cost-effective option than hiring another worker. Hence, based on this information, the copy company should purchase another copier in order to expand output.
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after signing a lease agreement, a company records a right-of-use asset and a liability on the balance sheet that is equal to the present value of the lease payments. what type of lease has the company signed?
The execution of a lease, a business adds a right-of-use asset and a liability to the balance sheet that are each equal to the present value of the lease payments. Calculations of lease payments should take into account bargain purchasing opportunities.
Where does right of use asset go on balance sheet?For a lease to be considered a sales-type lease, it must fulfill the following requirements. It is likely that the lessee will make the required payments.
The guaranteed residual value should not be included in the lease liability by the lessee. The lease should be identified as an operational lease for accounting purposes. cheap purchase choices, executory fees, upfront direct expenses, and brief leases.
For operating leases, a right-of-use asset and lease obligation are both represented as independent line items on the balance sheet in accordance with ASC 842. The difference between the cash paid for leases and the straight-line lease expense will often be represented by the combined change of the two accounts.A lessee's right to use an asset for the duration of a lease is known as a right-of-use asset.
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Which of these statements about a business plan is true?
A. Businesses do not need to document a business plan.
B. Established businesses do not create a business plan.
C. A business plan is a business’s roadmap for the future.
D. A business plan guarantees a business’s success.
Answer:
The correct answer would be option C, A business plan is a business's road map for the future.
Explanation:
A business plan is basically a written document, in which the goals of the company are written down. The methods to achieve those goals are also written down and the time to achieve the goals are specified. Goals with timelines and deadline are written. This helps a business in setting up a road map to move towards the set goals of the company. Established businesses always create and follow business plans as business plans guarantee a business's success.
Answer: C. A business plan is a business’s roadmap for the future.
At the end of year 1, Pearl Industries had a deferred tax asset account with a balance of $30 million attributable to a temporary book-tax difference of $75 million in a liability for estimated expenses. At the end of year 2, the temporary difference is $70 million. Pearl has no other temporary differences. Taxable income for year 2 is $181 million and the tax rate is 40%. Pearl has a valuation allowance of $10 million for the deferred tax asset at the beginning of year 2. Required: 1. Prepare the journal entry(s) to record Pearl's income taxes for year 2, assuming it is more likely than not that the deferred tax asset will be realized. 2. Prepare the journal entry(s) to record Pearl's income taxes for year 2, assuming it is more likely than not that one-half of the deferred tax asset will ultimately be realized
Entry for tax in Year 2 assuming one-half of deferred tax assets will be realized: Debit Income tax expense $28.4 million, Credit Deferred tax asset $14 million, Credit Valuation allowance $14.4 million
1. Pearl Industries' taxable income for year 2 is $181 million, and the tax rate is 40%. At the end of year 2, the journal entry for income tax assumes deferred tax assets will be realized.
Particular Debit Credit
Income tax expense $28.4 million
To Deferred tax asset $28.4 million
The deferred tax asset account balance at the end of year 1 was $30 million, attributable to a temporary book-tax difference of $75 million in liability for estimated expenses. The temporary difference at the end of year 2 was $70 million. Since no other temporary differences exist, it is expected that the deferred tax asset of $30 million at the end of year 1 would decrease to $28.4 million by the end of year 2 as a result of the revaluation.
At the end of year 2, the journal entry for income tax assumes deferred tax assets will be realized. The deferred tax asset account balance would be written down to zero if it were not more likely than not that the deferred tax asset would be realized.
2. If it is more likely than not that one-half of the deferred tax asset will be realized, the journal entry for income tax at the end of year 2 will be made. Journal entry for income tax in Year 2 assuming one-half of deferred tax assets will be realized.
Particular Debit Credit
Income tax expense $28.4 million
To Deferred tax asset $14 million
To Valuation allowance $14.4 million
In the valuation allowance account, a credit of $14.4 million is necessary to reduce the allowance balance to $10 million.
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Understand the difference between exclusive provider organization and point of service providers.
Flexibility is typically the most significant distinction between PPO and POS plans. At a higher cost, a PPO, or Preferred Provider Organization, gives you a lot of flexibility to see the doctors you want. Plans for Point of Service (POS) have lower prices but fewer options.
With limited coverage or reimbursement for out-of-network providers, a PPO offers greater flexibility. An EPO has fewer restrictions and provides less coverage or reimbursement for providers outside of the network. An EPO typically costs less than a PPO for members who are careful with their money.
How do EPO and HMO differ from one another?
The primary difference between an HMO and an EPO is that an HMO requires you to choose a primary care physician (PCP) to plan your medical care and refer you to specialists.If you have an EPO, you can talk to experts without getting a referral.
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name some differences between the requirements and responsibilities between volunteer,intern, and paid jobs
Answer:
The major difference between job shadowing and an internship is that you perform more duties as an intern than as a job shadow participant. Interns are hired for temporary positions, and they can be paid or unpaid. When you have. a job you are bing paid and normally have more responsibilities.
TRUE OR FALSE customer demand will always remain an unknown
The statement "Customer demand will always remain an unknown, so it is not considered a source of variation" is false because customer demand is not an unknown factor but a crucial source of variation in any business.
Customer demand is a significant source of variation in any business, and ignoring it can have a severe impact on the success of the business. Customer demand can fluctuate based on several factors such as market trends, economic conditions, or even seasonal changes.
Ignoring these variations can lead to under or overproduction, missed opportunities, and ultimately, a loss in revenue. Businesses need to keep track of customer demand and incorporate it into their planning and forecasting.
Accurately forecasting customer demand can help businesses optimize their inventory levels, and production schedules, and ensure they are meeting the needs of their customers. Failure to do so can lead to stockouts, overproduction, and even losing customers to competitors who are better able to meet their needs.
In conclusion, customer demand is not an unknown factor but a crucial source of variation in any business. It should be considered and incorporated into a company's planning and forecasting to ensure its success.
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Complete Question:
TRUE OR FALSE. Customer demand will always remain an unknown, so it is not considered a source of variation.
The percentage of the US labor force that is unemployed is known as the __________.
A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change
Please select the best answer from the choices provided
A
B
C
D
Answer:
Explanation:
C
Answer:
C. national unemployment rate
Explanation:
i did the quiz, hope this helps<3!!
Which form does a person complete to demonstrate his or her legal ability to work and pay taxes on income?
A. W-2
B. I-9
C. 1040
D. W-4
Need fast I’ll give brain..
Answer:
I-9
Explanation:
A P E X
A person complete to demonstrate his or her legal ability to work and pay taxes on income with the help of I-9 form.
What is I-9 form?I-9 form is a form that is used by the employers. This can use I-9 to check who is permitted to work in the United States.
Every new employee employed after November 6, 1986, must fill out a Form I-9. With the use of the I-9 form, a person can demonstrate his or her legal ability to work and pay income taxes.
Therefore, option B is correct.
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The first step in human resource planning is to create a job analysis. establish a strategic plan. assess future human resource demand. create an inventory of the organization's employees.
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The answer will be assess future human resource demand. Why? Well, let's consider all the options given. For Human Resource (HR) planning we cannot straight away jump to creating a job analysis without deciding on one job & how much it's worth or important in the future. The second option is to create or establish a strategic plan. That too won't work without knowing which occupation is needed more in the future. 4th -> create an inventory of the organization's employees. Well, that's a no-no, we need to find a future-needy job before selecting the people. So, the 3rd option is the most appropriate answer.
___________
Hope it helps.
RainbowSalt2222
At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:
Answer: $7,740
Explanation:
Given, At December 31, Accounts receivable = $238,000
Allowance for uncollectible accounts = 3% of (accounts receivable)
∴ Allowance for uncollectible accounts = 3% of ($238,000 )
=$(0.03 ×238,000) [3% = 0.03]
= $ (7140)
= $7,140
Allowance for uncollectible accounts (credit) before any adjustments= $600
The amount of the adjustment for uncollectible accounts = Allowance for uncollectible accounts + $600
= $7,140 + $600
= $7,740
Hence, The amount of the adjustment for uncollectible accounts would be: $7,740.
which of these is an effect rock and roll had on society in the united states in the 1950s?
Rock 'n' Roll music influenced American society in the 1950s by influencing family lives, teenage behavior, and the civil rights movement. This decade influenced everything we hear on the radio today. Hard rock, which arose in the middle of the decade, took rock 'n' roll elements and made them tougher.
the impact rock and roll has on American SocietyRock & roll was not only a new musical generation; it was music that generated a new generation. Rock & roll had a transformational influence on American culture because it inspired younger people to break out from the more traditional American pattern, as well as expanding the use of technology in everyday life.
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Suppose there is a simple index of two stocks, stock A and stock B. Stock A
opens on Monday with 8000 shares at $4.75 per share. Stock B opens on
Monday with 5000 shares at $5.12 per share. Stock A opens on Tuesday at
$5.40 per share, and stock B opens on Tuesday at $5.72 per share. Both
stocks have the same number of shares that they opened with on Monday.
What is the rate of change of this simple index over 1 day?
A. 11.4%
B. -12.9%
C. -11.4%
D. 12.9%
Answer: D. 12.9%
Explanation: took the quiz.
The rate of change of this simple index over 1 day for stocks is 12.9%. Thus, the correct option is D.
What are stocks?A stock, also known as a share or equity, is a unit of ownership in a company. When a company goes public, it may offer a portion of its ownership to the public through the sale of stocks. Investors can then buy and sell these stocks on a stock exchange or other trading platform.
When you buy a stock, you are essentially buying a small piece of ownership in the company. As a shareholder, you have certain rights, such as the right to vote on important company decisions, and the right to receive a portion of the company's profits, known as dividends.
The value of a stock can fluctuate based on various factors such as company performance, economic conditions, industry trends, and market demand.
Investors can profit from these fluctuations by buying stocks when they are undervalued and selling them when their value increases.
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dividend payment personal finance problem kathy snow wishes to purchase shares of countdown computing, inc. the company's board of directors has declared a cash dividend of $ to be paid to holders of record on wednesday, .
Kathy Snow wishes to purchase shares of Countdown Computing, Inc. The company's board of directors has declared a cash dividend of $X to be paid to holders of record on Wednesday, [date].
1. A cash dividend is a payment made by a company to its shareholders out of its profits or reserves.
2. In this case, Countdown Computing, Inc. has declared a cash dividend of $X. This means that the company will distribute $X per share to its shareholders.
3. The dividend will be paid to holders of record on a specific date, which is mentioned as Wednesday in the question. Holders of record are the shareholders who are officially registered as owners of the shares on that particular date.
4. Kathy Snow wants to purchase shares of Countdown Computing, Inc. in order to be eligible to receive the cash dividend.
5. To benefit from the dividend payment, Kathy Snow needs to ensure that she becomes a shareholder of record on or before the specified date mentioned in the question.
6. By purchasing shares and becoming a shareholder of record, Kathy Snow will be entitled to receive her share of the cash dividend declared by the company.
It is important to note that the specific date and the amount of the dividend ($X) are missing from the question. Therefore, I have used placeholders to refer to these missing details.
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Consider a representative consumer whose preferences over consumption and leisure are given by the utility function U(C,l)=C1/3l2/3. Assume that she has a total of h = 18 hours, which she can use for leisure, or she can work for the wage rate w = 6. Finally, assume that she enjoys a dividend income of π=36 and has to pay taxes of T = 24. Determine the optimal consumption bundle (C*,l*).
The optimal consumption bundle for the consumer is (C*, l*) = (24, 9).
Her budget constraint is given by:
C + wl = h + π - T
Substituting in the values we have, we get:
C + 6l = 30
We can rearrange the budget constraint to solve for C in terms of l:
C = 30 - 6l
We can now substitute this into the utility function to get the consumer's indirect utility function in terms of l:
V(l) = (30 - 6l)^(1/3)l^(2/3)
To find the optimal consumption bundle (C*, l*), we need to maximize this indirect utility function subject to the budget constraint:
Maximize V(l) = (30 - 6l)\(^(1/3)l^(2/3)\)
Subject to:
C + 6l = 30
We can use the first-order condition to find the value of l that maximizes V(l):
dV/dl = 2/3 l^(-1/3) (30 - 6l)\(^(-2/3)\)(18 - l) = 0
Solving for l, we get:
l* = 9
Substituting this back into the budget constraint, we can solve for the optimal consumption:
C* = 30 - 6l* = 30 - 6(9) = 24
Consumption refers to the act of using up goods and services to satisfy human needs and wants. It is a fundamental aspect of the modern economic system and plays a critical role in shaping economic growth, production, and distribution.
Consumption can be categorized into two types: private and public. Private consumption refers to the use of goods and services by individuals and households, while public consumption involves the use of goods and services by governments and public institutions. Consumption patterns vary widely among individuals, societies, and nations. Factors such as income, social status, cultural beliefs, and technological advancements influence the way people consume goods and services.
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Country A and Country B differ in their intrinsic health environments. Specifically, for a given level of income per capita, workers in Country A will be healthier than workers in Country B. Suppose we observe that the two countries have the same level of income per capita, but people in Country A are healthier than people in Country B. What can we conclude about the aspects of production not related to health in the two countries? Explain using a diagram.
If workers in Country A are healthier than workers in Country B for a given level of income per capita, it implies that Country A has a more efficient and effective healthcare system compared to Country B.
When the two countries have the same level of income per capita but people in Country A are healthier, it means that Country A is utilizing its resources in a more efficient manner than Country B, which is not producing the same health outcomes.
The difference in healthcare systems is an example of non-health-related aspects of production in the two countries. This could include differences in technology, education, infrastructure, or other factors that impact the productivity of the workforce.
The diagram below shows the difference in production between the two countries. Country A is able to produce more output (represented by the higher point on the production possibility frontier) than Country B at the same level of resources. This indicates that Country A is more efficient in its production process due to its better healthcare system and other non-health related factors.
In conclusion, the difference in intrinsic health environments between Country A and Country B highlights the importance of investing in non-health related aspects of production to improve productivity and achieve better health outcomes.
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Decide whether the following statement is true or false.
The graph of a rational function may intersect a vertical asymptote.
The statement is true. In a rational function, which is a function defined as the ratio of two polynomial functions, it is possible for the graph to intersect a vertical asymptote.
A vertical asymptote occurs when the denominator of the rational function becomes zero at a certain value of x, resulting in an undefined point. This causes the function to approach positive or negative infinity as x approaches that value.
However, it is important to note that the graph of a rational function can intersect a vertical asymptote only if the numerator of the function also evaluates to zero at the same x value. This means that the function has a removable discontinuity or hole at that point, and the graph can cross the vertical asymptote.
Therefore, the statement is true because there are cases where a rational function can intersect a vertical asymptote.
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When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help do what to the economy?
Answer:
Lower reserves increase the money supply in the economy.
Banks can either keep deposits in reserves or give them out as loans.
the lower the reserve ratio, the higher the money multiplier and the higher the money supply.
Lowering the reserves can be a form of expansionary monetary policy
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = 1 / reserve requirement
Increase in value of total deposit = amount deposited / reserve requirement
Assume 100 is deposited in a bank and the reserve requirement is 10%
Increase in value of total deposit = 100 / 0.1 = 1000
Imagine that the reserve is reduced to 5%
Increase in value of total deposit = 100 / 0.05 = 2000
reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy
Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities.
Bank assets tend to have longer maturities and lower liquidity than/as bank liabilities. Therefore, the correct answer option is: B. longer; lower.
What is banker's acceptance?In Economics, banker's acceptance can be defined as a type of financial instrument that is used for representing a promised future payment by a bank, rather than an individual accountholder.
What is liability?In Financial accounting, liability can be defined as the amount of money that is being owed by an individual or business organization (company or firm) to another.
This ultimately implies that, liability is a debt that an individual or business organization owe and as such, it usually has "payable" in its account title on a financial statement.
In conclusion, a bank asset has longer maturity period and lower (shorter) liquidity in comparison with bank liabilities.
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Complete Question:
Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities.
shorter; lower
longer; lower
shorter; greater
longer; greater
equal; equal
Meagan invested $1,200 each year in an ira for 12 years in an account that earned 5% compounded annually. At the end of 12 years, she stopped making payments to the account, but continued to invest her accumulated amount at 5% compounded annually for the next 11 years.
PMT = 1200, t = 12, r = 5%, n = 1 = annual compounding
FV = Future value of the ordinary annuity
FV = A = PMT*((1+r/n)^nt - 1) / (r/n)
FV = A = 1200*((1+0.05/1)^(1*12) - 1) / (0.05/1)
FV = A = 1200*((1+0.05)^12 - 1) / 0.05
FV = A = 1200*15.9171265
FV = A = 19100.55
Answer : a : 19100.55
Value after next 11 years
P = 19100.55, t = 11, r = 5%, n = 1 = annual compounding
A = P*(1+r/n)^nt
A = 19100.55*(1+0.05/1)^(1*11)
A = 19100.55*(1+0.05)^11
A = 19100.55*1.71033936
A = 32668.42
Answer : b : 32668.42
Interest earned = Value at the end of 23 years - Initial investment
Interest earned = 32668.42 - (1200 x 12) = 18268.42
Answer : c : 18268.42
investment is the dedication of cash to buy of an asset to obtain an boom in cost over a period of time. investment calls for a sacrifice of some present asset, which includes time, cash, or effort. In finance, the motive of investing is to generate a go back from the invested asset. The go back can also consist of a advantage (profit) or a loss found out from the sale of a belongings or an investment, unrealized capital appreciation (or depreciation), or funding earnings together with dividends, hobby, or condominium earnings, or a mixture of capital gain and earnings. The go back may encompass forex profits or losses due to adjustments within the foreign forex rates.
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