assume that the government imposes a $20 per unit tax on fireworks. does this policy eliminate deadweight loss?
Answers
When the government imposes a $20 per unit tax on fireworks, it increases the price producers receive and decreases the quantity demanded by consumers.
This tax creates a wedge between the supply and demand curves, resulting in a decrease in market equilibrium quantity. This policy does not eliminate deadweight loss; instead, it creates deadweight loss. Deadweight loss is the loss of consumer and producer surplus due to inefficient allocation of resources. In this case, the tax leads to fewer fireworks being bought and sold, reducing overall economic welfare. The deadweight loss is represented by the reduction in combined consumer and producer surplus due to the tax.
Therefore, while the tax may generate revenue for the government, it may also result in deadweight loss if it significantly reduces demand and supply in the market.
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Related Questions
in which Step of production process are materials manipulated
Answers
Answer:
tread count
Explanation:
different sizes
Your oldest sister just moved and wants a ninja foodi 8qt air fryer for her new place. How much would your mom save by buying this item on black friday?.
Answers
Your mom would save around from 10-50% by buying a ninja food 8qt air Fryer on Black Friday.
Does Black Friday actually lead to cost savings?In conclusion, the answer is that Black Friday offers better deals than other shopping days. Often, this is not your only chance to receive substantial savings. Many companies have decided to hold a lot of sales before Black Friday because of the fierce competition on that day.
Why do people go to Black Friday?Black Friday, the day following the American Thanksgiving holiday, has traditionally been a holiday unto itself for many workers. It is usually the first day of the Christmas shopping season and is known for its abundance of special offers and steep discounts.
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The per diem employee makes $110.00. He works 25 days in the month. What is his gross pay?
Answers
To calculate the gross pay of the per diem employee, we need to multiply his daily rate by the number of days he worked in the month.
Daily pay = $110.00
Number of days worked = 25
Gross pay = Daily pay x Number of days worked
Gross pay = $110.00 x 25
Gross pay = $2,750.00
Therefore, the gross pay of the per diem employee is $2,750.00.
Survey researchers design and conduct surveys and analyze data. Some survey researchers design public opinion surveys. Other survey researchers (market research analysts) design marketing surveys which examine products or services that consumers want, need, or prefer. Most survey researchers work in research firms, polling organizations, nonprofits, corporations, colleges and universities, and government agencies. The majority work full time during regular business hours. A bachelor's degree may be sufficient for some entry-level positions. The median annual wage for survey researchers was $49,760 in May, 2014. SOURCE: Bureau of Labor and Statistics, U.S. 준. Surveys for scientific research cover various fields, including government, health, social sciences, and education. For example, a survey researcher may try to capture information about the prevalence of drug use or disease. An anonymous survey of college students was taken to determine behaviors regarding alcohol, cigarettes, and illegal drugs. The results were as follows: 894 drank alcohol regularly 665 smoked cigarettes 192 used illegal drugs 424 drank alcohol regularly and smoked cigarettes 114 drank alcohol regularly and used illegal drugs 119 smoked cigarettes and used illegal drugs 97 engaged in all three behaviors 309 engaged in none of the behaviors Source: Jamie Langille, University of Nevada Las Vegas How many students were surveyed? How many drank alcohol regularly or smoked cigarettes? How many used illegal drugs only? How many drank alcohol regularly and smoked cigarettes, but did not use illegal drugs? How many drank alcohol regularly or used illegal drugs, but did not smoke cigarettes? How many engaged in exactly two of these behaviors? How many engaged in at least one of these behaviors?
Answers
a. The number of students surveyed was 1,000.
b. 1,300 students drank alcohol regularly or smoked cigarettes.
c. 75 students used illegal drugs only.
d. 310 students drank alcohol regularly and smoked cigarettes but did not use illegal drugs.
e. 1,110 students drank alcohol regularly or used illegal drugs but did not smoke cigarettes.
f. 193 students engaged in exactly two of these behaviors.
g. 997 students engaged in at least one of these behaviors.
How many students participated in the survey?According to the survey results, there were a total of 309 students who engaged in none of the behaviors, and the remaining students fell into various categories. To determine the number of students surveyed, we sum up the frequencies of all behaviors mentioned in the survey results. Therefore, the total number of students surveyed is 1,000. From the provided data, we can calculate the number of students who drank alcohol regularly or smoked cigarettes by adding the frequencies for each behavior individually. Similarly, we can find the number of students who engaged in specific combinations of behaviors, such as using illegal drugs only or drinking alcohol regularly while smoking cigarettes but not using illegal drugs. By analyzing the data, we can answer each of the given questions accurately.
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A business borrows money from the bank to carry out repairs in their shop. They borrow £10,000. The interest is 5%. They will pay off the loan in full in one year. How much is the total repayment?
Answers
Answer:
£10,500
Explanation:
Amount paid will the principal amount plus interest.
Principal amount = £10,000.
Interest = p x r x t
r = interest rate : 5% or 0.05
t= 1 year
= £10,000 x 0.05 x 1
=£500
Total payment
= £10,000 + £500
=£10,500
active/passive she is watering the plants
Answers
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".
2. Which of the following is not an effective way for a manager to imple-
ment change?
a. Do not move too quickly to implement change.
b. Do not communicate with employees about the change until a final
decision has been made.
101
C. Ask employees for ideas on effective solutions and procedures.
d. Be less critical of mistakes made by employees while changes are
being made.
Answers
hector and his team work for an educational publisher. the team has to write a report comparing the textbooks of three competitors. who would be the best person to polish the final version of their report so it has a consistent voice?
Answers
The correct answer is Lin, who has four years of experience as an educator in an education field.
Companies that publish products specifically for educational markets, such as schools, colleges and universities, training programmes, etc., are known as educational publishing companies. Textbooks, abstracts and indexes, study materials, etc. may fall under this category.
Learning materials created by educational publishers are suitable for their intended use, based on research and testing, and created to encourage academic success. They are also modified to meet the changing needs of students and teachers.
The group should thoroughly define the duties and expectations members have for one another early on in the group writing process. Make sure to include in this discussion an equitable distribution of time and contribution obligations.
As the group makes its plans, it should designate subject-matter experts and assign responsibilities for conducting research and writing. Because of his background as a teacher, Lin would be given the task in this case of analysing the competition's instructional strategies.
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How does Disney practice their stakeholder management. Explain
how the company manages to reach out to 5 different
stakeholders.
Answers
Disney's approach to stakeholder management involves valuing and communicating with all parties involved in its operations. By focusing on customer satisfaction, shareholder return, employee engagement, community involvement, and partner relationships, Disney is able to build a strong and sustainable business that benefits everyone involved.
Disney is a global company that values the importance of stakeholder management. The stakeholders at Disney are clients, shareholders, employees, communities, and partners. The organization interacts with these stakeholders on a regular basis to ensure that it is operating in an ethical and efficient manner that benefits all parties involved. Disney's efforts to connect with each of the five key stakeholders are outlined below:
1. Customers: Disney values its customers and strives to provide them with a magical experience that will be remembered for a lifetime. The company uses customer feedback and surveys to identify ways to improve its products and services. It also utilizes social media and other marketing platforms to promote its offerings and stay connected with its clients.
2. Shareholders: Disney's shareholders have a vested interest in the company's success and profitability. To ensure that they receive a healthy return on their investment, Disney's leadership team maintains transparency in its financial reporting and engages in regular communication with shareholders through conferences, meetings, and other events.
3. Employees: Disney's workforce is a valuable asset to the company. As such, Disney strives to provide its employees with competitive salaries, opportunities for professional development, and a safe and healthy work environment. The company also values diversity and inclusivity in the workplace.
4. Communities: Disney operates in communities all over the world, and it is committed to being a responsible corporate citizen. The company engages with local communities to identify areas of need and provide support in the form of charitable donations, volunteerism, and other resources.
5. Partners: Disney works with a wide range of partners to create and distribute its products and services. These partners include production studios, distributors, and retailers. Disney values these relationships and maintains open communication to ensure that all parties are working towards shared goals.
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Because of successful marketing by retail firms such as Allbirds, which designs environmentally friendly footwear made out of merino wool and tree fiber, and Rothy’s, which makes shoes out of recycled plastic water bottles, sustainability has become an important consideration in the fashion world. This, in turn, has sparked demand for other forms of sustainable fashion items including handbags and wallets. This is an example of
Answers
Answer:
created demand
Explanation:
From the question, we are informed about the instance whereby Because of successful marketing by retail firms such as Allbirds, which designs environmentally friendly footwear made out of merino wool and tree fiber, and Rothy’s, which makes shoes out of recycled plastic water bottles, sustainability has become an important consideration in the fashion world. This, in turn, has sparked demand for other forms of sustainable fashion items including handbags and wallets. This is an example of created demand. Demand creation can be regarded as process involving of increase of the demand for a particular product/service by the use of marketing techniques. It is a term that has its application in
unsought products with little demand, since the product are not too unknown to customers. Demand generation can be regarded as one that target marketing programs so that awareness as well as interest can be driven to a products and services of a
company.
Introduction: Match the type of business organization with one of its features.
Sole proprietorship
Is the most common form of business
organization in the United States
Franchise
Can be the most complicated and the
most expensive type of organization
Corporation
Requires a fee to be paid to a parent
company for a business plan
Partnership
Includes two or more owners who are
liable for any business debt
Cooperative
Is an organization in which member
owners market their products together
Answers
Answer: :)
Explanation:
Edge 2020
A business organization is termed as an organization that works for the accomplishment of economic activities. Economic activities include the exchange of goods and services and maintaining the records of the transactions.
The match to type of organization:
Sole proprietorship: Is the most common form of business organization in the United States.
Franchise: Requires a fee to be paid to a parent company for a business plan.
Corporation: Can be the most complicated and the most expensive type of organization.
Partnership: Includes two or more owners who are liable for any business debt.
Cooperative: Is an organization in which member owners market their products together.
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The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answers
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,000 to the partnership. Xavier contributed $300,000 to the partnership. The partners vote on whether or not to purchase a new $100 machine. Violet and William support the purchase. Xavier opposes the purchase. Unless the partnership agreement states otherwise, the partnership will a. not purchase the machine because partnership decisions in management matters always require a unanimous vote b. purchase the machine because the support of one partner is required for the partnership to commit itself to a given action c. not purchase the machine because Xavier's interest in the partnership exceeds the interest of Violet and William combined d. purchase the machine because each partner has one vote in management matters
Answers
Answer:
d. purchase the machine because each partner has one vote in management matters
Explanation:
Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree
Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine
hence, the option d is correct
.
Lena thinks someone has stolen her identity. She isn’t sure if she should place a fraud alert on her credit report. She doesn’t understand anything about fraud alerts. What true statement could you teach Lena to help her make a more informed decision?
A fraud alert prevents anyone from viewing your credit report.
A fraud alert can stop anyone from opening any new accounts in your name.
When filing a fraud alert, you must first pay for a credit report.
To place a fraud alert, you must contact all three credit reporting agencies.
Answers
Answer:
A fraud alert prevents anyone from viewing your credit report
A fraud alert prevents anyone from viewing the credit report is the true statement could you teach Lena to help her make a more informed decision. Thus, option A is correct.
What is credit report?A credit history is a credit record of a borrower's timely debt repayment. A credit report is a record of a borrower's credit history obtained from a variety of sources, such as banks, credit card companies, collection agencies, and governments.
A credit score is essentially a summary of your credit history, whereas your credit report contains all the specifics of the financial history. The credit report will delve much deeper into your lending history, allowing the lender to examine how a person handled borrowed funds.
Therefore, option A is correct.
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do you feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely spontaneous creativity that occurs today, often in areas where new technologies are not expected to exert a great influence.
Answers
Countries and businesses require explicit strategies for technological development, according to the current market and business scenario, companies and countries use the most recent and up-to-date technologies.
What is meant by explicit strategies?Explicit strategies for technological development are unnecessary for countries and businesses. They may desire it in order to improve business processes and adapt to new technologies. Explicit strategies are those that are well defined and implemented in order to have clear technological development to the specified business structures. Implicit strategies, on the other hand, tend to confine companies and countries to a specific way of thinking, resulting in more concise technological development. This strategy would aid in simulating innovation and creativity in technological development.Because of the increase in technological advancement and Internet usage, our reliance on technology and its applications has changed in all aspects of our daily lives. Businesses must address the current demands of modern customers and the market, so IT-enabled solutions are required to achieve organizational goals and objectives.To learn more about strategy refer to :
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Yes i feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely...in areas where new technologies are not expected to exert a great influence.
Give a brief account on technological development.The process of developing new technologies or methods through invention, innovation, and spread is known as technological change (TC) or technological development. In essence, technological change includes the creation of technologies (including processes) and their commercialization or release as open source through research and development (producing emerging technologies), the continuous improvement of technologies (in which they frequently become less expensive), and the dissemination of technologies throughout industry or society (which sometimes involves disruption and convergence). To put it simply, better and more technology are the foundations of technological change. The "Linear Model of Invention," which was once used to illustrate technological change, has largely been abandoned in favour of a model of technological change that incorporates innovation at all stages of research.
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What are three ways to discover how to involved in your chosen career field
Answers
Answer:
Research industry information. ...
Find out about professional associations. ...
Research career options using LinkedIn.
Who is the leader in terms of getting feedback from the Key Stakeholders in the Sprint Review?
Answers
The Scrum Master is responsible for facilitating the Sprint Review and ensuring that feedback is obtained from the key stakeholders.
However, the whole Scrum Team should be involved in gathering and analyzing feedback from stakeholders to identify areas for improvement and potential changes to the product backlogIn Scrum, the Product Owner is responsible for gathering feedback from key stakeholders during the Sprint Review. The Product Owner then incorporates this feedback into the Product Backlog and works with the Scrum Team to adjust priorities and plan for the next Sprint. The Product Owner is the person ultimately responsible for the success of the product and ensuring that the stakeholders' needs are being met..
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Provide an understanding as to the scope,
breadth of employability in OT (e.g. income)and
specific business aspects of OT Practice in Miami
Answers
Occupational therapy (OT) is a field that offers a wide scope of employment opportunities and a varied range of practice areas.
In Miami, specifically, there are several business aspects and opportunities related to OT practice.
Scope and Breadth of Employability in OT:
1. Healthcare Settings: Occupational therapists can work in hospitals, rehabilitation centers, clinics, and nursing homes, providing direct patient care and rehabilitation services.
2. Schools and Educational Institutions: OTs work with children in schools to address their functional needs and support their participation in academic and social activities.
3. Mental Health and Behavioral Health: OTs play a crucial role in mental health settings, working with individuals experiencing mental health challenges to enhance their daily functioning and promote independent living.
4. Community-Based Programs: Occupational therapists may work in community settings, providing support to individuals with disabilities or chronic conditions to help them engage in meaningful activities and improve their quality of life.
5. Workplaces and Vocational Rehabilitation: OTs assist individuals in returning to work or making occupational adjustments due to injury, illness, or disability.
Income Potential in OT:
The income in the field of occupational therapy can vary based on factors such as experience, specialization, location, and work setting. Generally, occupational therapists earn a competitive salary that reflects their expertise and the demand for their services. In Miami, the income potential for OT practitioners can be influenced by factors such as cost of living and local market conditions.
Specific Business Aspects of OT Practice in Miami:
1. Private Practice: Occupational therapists can establish their own private practices in Miami, offering specialized services to clients and working with healthcare providers and insurance companies to ensure reimbursement for services rendered.
2. Collaborations with Healthcare Facilities: OTs can partner with hospitals, clinics, and other healthcare facilities in Miami to provide comprehensive rehabilitation services, occupational health programs, or specialized therapy services.
3. Home Health Agencies: Occupational therapists can work with home health agencies, providing in-home therapy services to individuals who are unable to travel to a clinic or hospital.
4. Research and Innovation: Miami is known for its research institutions and innovation centers. Occupational therapists can participate in research projects, contribute to the development of new treatment approaches, and collaborate with academic institutions.
Overall, the scope of employability in occupational therapy is broad, with opportunities in various settings and areas of specialization. In Miami, the vibrant healthcare industry and diverse population create a favorable environment for OT practice, offering a range of business opportunities and the potential for professional growth.
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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
Answers
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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What is the effect of an indirect tax and a subsidy on the price of the commodity?
Answers
A tax imposed on the sale of a good is known as an indirect tax, and examples include sales taxes and value-added taxes (VAT). A commodity's price will normally increase by an amount equal to the tax when an indirect tax is put on it.
For instance, if an indirect tax of 10% is applied to a product with a price of $100, the price of the commodity will rise to $110.
A government subsidy is a monetary aid given to a particular business or sector. Producers or consumers may get subsidies, which can be in the form of grants, loans, or tax advantages.
Whether a subsidy is given to producers or consumers will determine how it affects the price of a commodity. If producers get the subsidy, it may lower their production costs, which may result in a drop in the price of the good.
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Part-time employees are less likely to receive paid leave benefits than full-time employees.
true or false
Answers
Answer:
True
Explanation:
just trust me mate
Chloe, a textile designer, creates a flat fabric with a pattern that resembles the skin of a crocodile. Which design element is Chloe experimenting with?
A. undertone
B. shape
C. saturation
D. texture
Answers
Chloe, a textile designer, creates a flat fabric with a pattern that resembles the skin of a crocodile. Chloe is experimenting with texture.
Fabric is an umbrella term that includes numerous fiber-based materials, inclusive of fibers, yarns, filaments, threads, specific cloth types, and so forth. At first, the word "textiles" simplest cited woven fabric. However, weaving isn't always the only production method, many different methods were later developed to shape textile systems based on their meant use. Knitting and non-woven are different famous types of cloth manufacturing. Inside the cutting-edge world, textiles fulfill the fabric needs for flexible applications, from easy daily garb to bulletproof jackets, spacesuits, and medical doctor's gowns.
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What does the concept of scarcity explain?choose three answers
Answers
The concept of scarcity explains:
why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.
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Answer:
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why a single resource has more value than another resource.
Explanation:
why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.
(i took the test)
Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
Answers
To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
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Which person is financially responsible?
Answers
Answer:
avoids debts
Explanation:
A financially responsible person would want to quick come out of bad debts, even if he is in debt , the payments should be less than 50percent of what he makes
Explain in detail any two ways that can be used to carry out the risk analyses and evaluation processes during an Environmental risk assessment (ERA). This question is associated with the evaluation of the risks associated with hazards that are identified in the workplace.
• There are more than 4 ways that these risks could be analyzed and evaluated during the ERA process so that appropriate management steps could designed.
• Explain any 2 ways through which you can evaluate the risks associated with hazards identified during the ERA process
• Use appropriate examples to explain your answers • Each method that you present and the explanation given are awarded
Answers
Environmental risk assessments (ERAs) are tools used to identify, assess, and prioritize the risks associated with an industrial site. The process involves the identification of hazards, their potential consequences, and their likelihood of occurrence.
Quantitative risk assessments involve the use of mathematical models to predict the likelihood and consequences of a hazard. They are best used when there is a large amount of data available and the hazards are complex. Examples of quantitative risk assessment tools include the Monte Carlo simulation and the event tree analysis.
A quantitative risk assessment, on the other hand, may use a mathematical model to predict the likelihood of the release occurring and the consequences in terms of human health and environmental damage.
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A fixed input, X, and a variable input, Y, are used to produce good A. If the marginal physical product (MPP) of Y is constant, it follows that the a. marginal cost curve is upward sloping. b. total fixed cost curve is vertical. c. total variable cost curve is downward sloping. d. b and c e. none of the above
Answers
Answer:
umm........i think its A..............
Explanation:
journalize for total purchases in one summary entry, under the perpetual system. all purchases were on credit. (record debits first, then credits. exclude explanations from any journal entries.)
Answers
To journalize for total purchases in one summary entry under the perpetual system, you would use the Purchase Journal. This journal is used to record all purchases made on credit. The debits and credits are recorded separately, with the debits being recorded first.
To record the total purchases in one summary entry, you would first calculate the total amount of purchases made on credit. This total amount would then be recorded as a debit in the Purchase Journal. The credit entry would be to the Accounts Payable account, which is the account used to track all purchases made on credit.
It is important to note that when using the perpetual system, all purchases made on credit are recorded in the Purchase Journal as they occur. This allows for real-time tracking of inventory levels and cost of goods sold.
In summary, to journalize for total purchases in one summary entry under the perpetual system, you would use the Purchase Journal to record the total amount of purchases made on credit as a debit entry and the corresponding credit entry to the Accounts Payable account.
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Journalizing for total purchases in one summary entry under the perpetual system can be done by recording the debits and credits in a single transaction. Since all the purchases were made on credit, we will need to record the transaction in the accounts payable account.
To journalize the entry, we will debit the purchases account and credit the accounts payable account for the total amount of purchases made. The purchases account represents the cost of all goods bought during the period, while the accounts payable account reflects the amount of money owed to suppliers for those purchases.
Under the perpetual system, we need to keep a running record of inventory transactions, so it is essential to record each purchase as it happens. This method of tracking inventory allows for more accurate financial statements and inventory management.
In summary, journalizing for total purchases in one summary entry under the perpetual system involves debiting the purchases account and crediting the accounts payable account for the total amount of purchases made on credit. This approach helps to ensure that the inventory records remain up to date and accurate, enabling better inventory management.
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Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,300. Budgeted cash receipts total $189,500 and budgeted cash disbursements total $190,600. The desired ending cash balance is $31,300. To attain its desired ending cash balance for January, the company should borrow: Multiple Choice $31,300 $0 $13,100 $49,500
Answers
The correct option is C). $13,100.
What is Budgeted cash receipts and Budgeted cash disbursements?Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.
Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.
As per given in the Question:
$19,300 + $189,500 - $190,600 =$18200
Here, $18,200 will be subtracted from $31,300 to determine the amount that the company needs to attain its desired ending cash balance:
$31,300 - $18,200= $13,100
According to this, the company should borrow $13,100.
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Economists typically measure economic growth by tracking Group of answer choices real GDP per capita. the employment rate. the unemployment rate.
Answers
Economists typically measure economic growth by tracking real GDP (Gross Domestic Product) per capita.
Real GDP represents the total value of goods and services produced within a country's borders, adjusted for inflation. Per capita refers to the average GDP per person in the population.
Measuring economic growth through real GDP per capita provides a comprehensive indicator of the overall increase in economic output relative to population size. It accounts for changes in both prices (inflation) and population, allowing for a more accurate assessment of the standard of living and economic progress over time.
By examining real GDP per capita, economists can analyze how the overall level of economic activity and income has changed, adjust for changes in the general price level, and make comparisons across different countries or periods.
While the employment rate and unemployment rate are important labor market indicators, they focus specifically on the level of employment and unemployment in the economy and do not provide a direct measure of economic growth. They reflect the proportion of the labor force that is employed or unemployed, respectively, but they do not capture changes in productivity or output that drive overall economic expansion.
So, economists primarily measure economic growth by tracking real GDP per capita as it provides a comprehensive measure of the level of economic activity, adjusted for changes in prices and population size.
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Economists measure economic growth by tracking real GDP per capita.
Economists typically measure economic growth by tracking real GDP per capita. This is the value of goods and services produced in an economy per person.
By looking at real GDP per capita, economists can assess the standard of living in a country and how it has changed over time.
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