If the GDP deflator stays constant, prices are also stable, indicating neither inflation nor deflation. Therefore, if the GDP deflator is 140 in the year that the inflationary gap is discovered and 140 three years later, there hasn't been any inflation throughout that time.
If the GDP deflator is higher than 100, the economy has experienced an improvement in the level of prices since the base year. In other words, there has been inflation in the economy.
An economy is said to be in a state of deflation when its GDP deflator is lower than 100. The cost of products and services typically goes down when the economy is in a deflationary state. Since the nominal GDP bases the economic GDP on current prices, it is therefore less than the actual GDP.
Therefore, there has been no inflation over the three years.
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What is an Entrepreneur? A risk-taking gambler Someone who pursues an opportunity regardless of any resource limitations An assertive salesman and business person Anyone with a really good idea
An entrepreneur is an individual who takes risks to inaugurate viable projects, motivated by a specific business vision
Profile of an EntrepreneurThey are creative enough to convince others that by working together something great can come to fruition.They are people with business vision, but much bigger aspirations than simple profit.He is a person who sees the tools of the business world as a means to turn his vision of the world into reality.Entrepreneurs are people who undertake the solution of problems.For more about entrepreneur here https://brainly.com/question/353543
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write the different profession and human resources related to engineering and explain any two of them
Answer:
The professions related to engineering includes
Mechanical engineering
Biomedical engineering
Electronics engineering
Chemical (process) engineering
Petroleum engineering
Materials engineering
Human resources related to engineering includes
Welders
Mechanics
Plumbers
Electricians
Fitters
Carpenters
Brick layers
Operators
Machinist
Explanation:
Mechanical engineering profession
Mechanical engineering profession focuses on the branch of engineering that is related to designing, construction, and implementation of machine that provides energy, force or motion, in industry, homes, school, or office to meet the needs of the society
Welder
A welder is a person that regularly makes use of equipment meant for welding to create acceptable quality welds
Q3. Which of the following is the relation that the law of demand defines?
a) Income and price of a commodity
b) Price and quantity of a commodity
c) Income and quantity demanded
d) Quantity demanded and quantity supplied
Answer:
price and quantity demanded
Explanation:
law of demand sates that their exist a inverse relationship between the price of the commodity and the quantity of the commodity that will be demanded that means if the price is low then the quantity demanded by the customers will be high and if the price of the commodity is high or we can say the product price is high then the quantity demand by the customers or consumers will be less.
suppose there are two pens of price ten and twenty then the pen of price ten will be in more demand as compared to twenty and the pen which is of price of twenty will be demanded less in the market by the customers or the consumers
question content area top part 1 which of the following is a business driver which focuses on ways to achieve better efficiencies to increase profits?
One business driver that focuses on achieving better efficiencies to increase profits is cost reduction.
Cost reduction is a business driver that aims to improve efficiencies within an organization to maximize profits. It involves identifying and implementing strategies to minimize expenses, streamline processes, and optimize resource allocation. By reducing costs, businesses can increase their profit margins and improve overall financial performance.
Cost reduction initiatives may involve various approaches such as cutting unnecessary expenditures, negotiating better deals with suppliers, improving operational efficiency through process optimization, and implementing cost-saving technologies or practices. These efforts can lead to reduced production costs, improved productivity, and enhanced competitiveness in the market.
By focusing on cost reduction as a business driver, organizations can identify areas where efficiencies can be improved, eliminate waste, and allocate resources more effectively. This approach enables businesses to enhance profitability by achieving better cost-effectiveness throughout their operations.
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QUESTIONS 4 66. - Neatness has great value Consider the following short run production function: Q=6L-0.4L (each a point) a. Find the value of L that maximizes output and maximum output b. Find the value of L that maximizes marginal product and maximum marginal product c. Find the value of L that maximizes average product and maximum average product Given a short run cost function as TC= 1/3Q¹-2Q²-6Q +100 a. Find the minimum value of AVC and MC (a point) A firm operates in a perfectly competitive market. The market price of its product is 4 birr and the total cost function is given by TC= 1/3Q - SQ+z0Q+50, where TC is the total cost and Q is the level of output. (each a point) a. What level of output should the firm produce to maximize its profit? b. Determine the level of profit at equilibrium. c. What minimum price is required by the firm to stay in the market Which Economic System is suit for Ethiopia? Discuss it? (4 point) Discuss the goals of macroeconomics and the measurement of economic performance of the country (6- the point) 6 6. What are problems and instruments of macroeconomics, Discuss it? (6-point)?
a. The value of L is 7.5 and the maximum output is 22.5.
b. The value of L is 7.5 and maximum marginal product is 0.
c. There is no value of L.
What is the value of L?a. To get value of L that maximizes output (Q), we need to differentiate the production function with respect to L:
\(Q = 6L - 0.4L^2\)
Taking derivative with respect to L:
dQ/dL = 6 - 0.8L
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The value of L that maximizes output is 7.5 and maximum output (Q) will be:
\(Q = 6(7.5) - 0.4(7.5)^2\)
Q = 45 - 0.4(56.25)
Q = 45 - 22.5
Q = 22.5
To get value of L that maximizes marginal product (MP), we have to differentiate function:
MP = dQ/dL = 6 - 0.8L
Setting MP = 0:
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The maximum marginal product is computed by substituting value into function:
MP = 6 - 0.8(7.5)
MP = 6 - 6
MP = 0
c. To find the value of L that maximizes average product (AP):
AP = Q / L = (6L - 0.4L^2) / L
Simplifying:
AP = 6 - 0.4L
Taking derivative:
dAP/dL = -0.4
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Which are tactics employed by fast-acting firms to meet time pressures without sacrificing quality?
Focus on real-time tactics is often employed by fast-acting firms in order to meet time pressures without sacrificing quality. These tactics include agile development, rapid testing and deployment, short feedback loops, and quick turnaround times.
What do you mean by sacrificing quality?Quality should never be compromised, especially when it comes to personal wellbeing. One should constantly aim to produce high-quality material for their audience that is either entertaining or educational. Keep up with the most recent marketing trends while making sure that work is still relevant and fresh. One may assist maintain your audience's interest throughout by combining fascinating language with captivating graphics. Last but not least, be active on social media sites and use them to communicate with possible clients. So may make sure that your material fulfills the promises made in its title by carrying out all of these actions!To learn more about real-time, visit:
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true or false?
websites are a good place to research companies before an interview
the answer is true
Explanation:
because sometimes other people can said that it is good or bad. so you can see if it is good or bad
Answer:
I would believe that this is true.
Explanation:
Especially now In the 21st century, we use the internet for a lot of things, and for good reason too. Websites are a great place to start off looking before an interview. Hope this helps!
The key characteristic of oligopoly markets is "interdependence among firms." This means that:
Select one:
a. The demand curve faced by each firm is perfectly elastic.
b. Each firm must consider how its decisions will affect its competitors.
c. Firms will be able to earn above-normal profits in the long run.
d. Each firm produces a product identical to its rivals.
The correct option is option b. "Each firm must consider how its decisions will affect its competitors.
In oligopoly markets, there are a small number of firms that dominate the market, and therefore, their actions have a significant impact on their competitors.
As a result, each firm must take into account the reactions of its competitors before making any decisions about pricing, output, marketing, or other business strategies. For example, if one firm lowers its price, other firms may follow suit to remain competitive. On the other hand, if one firm raises its price, other firms may not follow suit, and the firm may lose market share. This interdependence among firms in oligopoly markets makes competition more complex and strategic. Firms in oligopoly markets may earn above-normal profits in the short run, but it is difficult to sustain these profits in the long run due to the competitive pressures of the market.
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Which of the following are automatically withheld from paychecks?
Corporate directors may be favorably biased in assessing their own
CEO
and set their
CEO
pay at the end of the peer group. This drives other companies to pay their CEOs because peer group norms go up. This is one explanation for the sharp in CEO pay over time. low, less, "ratchet effect", decrease low, more, "peer group effect", increase high, less, "peer group effect", decrease high, more, "ratchet effect", increase
Directors evaluated the CEO's performance in five crucial areas: partnerships with external constituencies, people management, operating metrics, and leadership.
The relationship between the concentration of CEO ownership and the size of the company reflects broader ownership changes during the course of the organization. Such CEO ownership standards are more likely to be disclosed by organizations with dispersed ownership than by controlled companies or those where the CEO already has a substantial amount of voting power. Despite having typically little voting power at their companies, U.S. CEOs have substantial financial stakes in the stock they control. Our calculations place the median value of S&P 500 CEOs' stock holdings at $54.6 million.
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Marketers will, based on solid research, identify a specific ______________ ______________ (2 words).
Answer:
product and service
Explanation:
Market research focuses on the strategic analysis of the quantitative and qualitative data and the issues related to the marketing of the product and services. During the changing elements of marketing mix which will impacts the customer's behavior. The research often includes Business to consumer and to businesses. Aiming to understand the comparatives of the product and services in the market.What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUa closed economy question 13 options: does not trade with other economies. is centrally-planned. does not allow financial intermediation. all of the above are correct.
A Closed economy is one that doesn't trade with the rest of the world. This is variantC.
A closed economy, by its introductory description, doesn't trade with other husbandry.
A unrestricted frugality generally refers to a country that doesn't trade or engage in any other fiscal exchange with any other country. This means that no significances enter the country and no exports leave.
The unrestricted frugality has several advantages.
First, it allows the government to control the distribution of wealth and insure everyone has access to introductory goods and services. Second, it protects domestic companies from competition from foreign companies.Question:
A closed economy is
a) is planned centrally
b) has minimum walls to trade
c) doesn't trade with other husbandry
d) doesn't authorize fiscal intermediation
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Justin has hired someone to handle all of the financial issues for his small business. He hired a:
Accountant is the right answer hope this help
Answer:
accountant
Explanation:
I just took the quiz:)
Where Monica lives, she makes a lot of money, so she is required to pay a lot of taxes. Wealthier people end up paying more of their income to taxes than people who don’t make as much money. Which type of tax system does Monica’s country MOST likely use?
A. Inheritance
B. Flat
C. Regressive
D. Progressive
Answer:
Progressive
Explanation:
Dennis Manufacturing purchased a patent for a bicycle. The patent had a remaining legal life of 3 years, but Dennis thought the bike would be popular for 20 years, so they amortized the cost of the patent over 20 years. How will this affect the accuracy of Dennis Manufacturing’s financial statements?
Answer:
Net income and assets will be overstated
Explanation:
Financial statements are used by businesses to show the financial position within a given time frame
The various types of financial statements are income statement, cash flow statement, and the balance sheet.
In the given scenario Dennis manufacturing was supposed to pay for the patent of the bicycle for 3 remaining years of it's useful life.
However they intend to amortize the payments over 20 years.
Since financial statements are usually annual or less this will overstate net income and assets.
Yearly expense incurred for payment of the patent will be reduced annually.
Also the value of the patent will be overstated since yearly deduction for the asset will be less than it should be
Which margin is at the very bottom of the page when printing worksheets?
top margin
bottom margin
header margin
footer margin
Answer:
Footer Margin
Explanation:
Just took this :)
Answer:
Footer Margin
Explanation:
What does it mean to maximize deductions and credits on your taxes.
how do you manage scarce resources?
By setting the rations ahead of time and sticking to the intended plan as best as possible. Understand your limits to know how to measure the resources.
Pr 8-3a budgeted income statement and supporting budgets obj. 4 the budget director of birding homes & feeders inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for january: a. estimated sales for january: bird house . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000 units at $25 per unit bird feeder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 units at $15 per unit
Estimated sales for January: bird house $375,000 total of 15,000 units at $25 per unit bird feeder $600,000 of 40,000 units at $15 per unit.
What is the income statement formula?Net Income = Revenues - Expenses is the fundamental formula for an income statement. This straightforward equation illustrates the business' profitability. The company is profitable if revenues exceed expenses.
Why is an income statement important?Business owners can tell whether their organization is headed toward profitability or losses using income statements. Due to the full breakdown of income and spending in an income statement, business owners can determine what has to be changed in order to boost revenues or reduce costs.
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ways in which landscape can be created .plz answer this
Answer:
finding land and making the land into wha ever yu want
Explanation:
hopes this helps
Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?
I got it
is retail trade
and 7%
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer:
Retail Trade
7%
Explanation:
Edge 2020
Explain the pros and cons of a national bank. What type of system de we have? Why?
Currently, the United States operates under a Federal Reserve System, a central banking system that manages monetary policy and regulates financial institutions. This system was established to prevent banking panics and ensure economic stability, balancing the pros and cons of a national bank.
What is national BankA national bank can offer several pros and cons. The pros include economic stability, centralization of monetary policy, and increased lending capacity. The cons involve potential political influence, reduced competition, and potential risk of "too big to fail."
Economic stability is achieved by controlling inflation and ensuring a stable currency, while centralized monetary policy enables efficient implementation of fiscal decisions.
Increased lending capacity supports economic growth through accessible loans to businesses and individuals. On the other hand, political influence can compromise the national bank's independence, leading to biased policies.
Reduced competition might limit financial innovation and customer choice. The "too big to fail" risk occurs when a national bank's failure would severely impact the economy, necessitating government intervention.
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Sly Bailey, the Trinity Mirror Chief Executive, sought to boost revenues of the Daily Mirror in 2004 by increasing the price of the tabloid newspaper by 3p, from 32p to 35p. The move is a sharp U-turn of the policy of Philip Graf, her predecessor, who tried to boost Daily Mirror circulation by cutting the cover price, triggering a price war with its rivals The Sun and the Daily Star. Ms. Bailey ended the price war as soon as she took over at Trinity Mirror in 2003. The Daily Mirror will now cost 5p more than the The Sun, which is owned by News International, parent company of the Times. It appears that The Sun has no immediate plans to increase its price. The Daily Mirror last increases its price in September 1999 but the tabloid newspaper market in the UK is fiercely competitive and it’s not clear what the effect on its circulation will be.
Question:
1. What price elasticity of demand issues are raised in this case study?
Price elasticity of demand is a measure of how responsive a change in consumption is to a specific change in a product's price. There will be less demand for the newspaper because its price increased.
How much a product's consumption alters in response to price changes is measured by price elasticity of demand. A good is perfectly elastic if its price elasticity is infinite (if demand changes substantially even with minimal price change). If price elasticity is greater than 1, the good is elastic; if it is less than 1, it is inelastic. If a good's price elasticity is zero, then no amount of price fluctuation will change demand for that good. A demand or supply curve that is inelastic will result in a lesser percentage change in quantity demanded or supplied for a given change in price.
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what kind of harm can be done if a manager uses social network analysis to uncover the invisible structure in their organization sparknotes
Answer:
he poses a threat from competitors and or government to the company
Explanation:
By such actions. the manager will have exposed information that easily could be read on Sparknotes by an emerging or already existing competitor.
For example, information pertaining to top management remuneration or decision structure may be one such invisible organizational structure. Such information can reveal the weaknesses of the organization
an employee to whom a company makes a long-term commitment is considered to be
The correct answer to the question above name of a permanent employee. A permanent Employee is an employee who makes a long-term commitment to the company.
All of the people who are 16 years or older who are employed or who are looking for a job were considered as a workforce. Outsourcing is a human resources term that means removing work from one company and sending it to another company that can complete it at a lower cost. The employment relationship between an employee and a company is ended with a termination.
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Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient savings of people in retirement and, as a result, he decides he wants to start now. He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
Answer:
Future Value= $158,475.64
Explanation:
Giving the following information:
He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
I assume we have to determine the value of the investment at the time of retirement.
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 500
n= 15*12= 180
i= 0.07/12= 0.005833
FV= {500*[(1.005833^180) - 1]} / 0.006833
FV= $158,475.64
Describe ways in which a verbal/linguistic learner prefers to learn.
Answer:
People with verbal-linguistic learning styles learn best when taught using spoken or written materials. They prefer activities that are based on language reasoning rather than abstract visual information. ... They usually enjoy written projects, speech and drama classes, debate, language classes, and journalism.
Explanation:
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Molly has a $2500 down payment saved for this purchase. Molly assumes the $1500 cash allowance will come straight off her total. How much loan does molly need?.
The Loan needed by Molly is $21,495
Based on the information given molly is going to pay the exact MSRP of $25,495 and Cash Allowance of $1,500
Now, let determine How much loan does Molly need:
Using this formula,
Loan needed =MSRP amount- Down Payment-Cash allowance
Where:
MSRP amount=$25,495
Down payment=$2,500
Cash allowance=$1,500
Let plug in the formula:
Loan needed=$25,495-$2,500-$1,500
Loan needed=$21,495
In conclusion, The Loan needed by Molly is $21,495.
What Is the Manufacturer's Suggested Retail Price (MSRP)?The price a product's manufacturer advises it to be sold for at the point of sale is called the manufacturer suggested retail price (MSRP). Some retailers also use the term "list price" to refer to the MSRP. An MSRP can be assigned to any retail item, even though they are most usually associated with cars. There is also an MSRP for other expensive items like electronics and appliances.
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What is one advantage to using an installment credit plan? You can use another loan to pay off each installment. You only have to pay a portion of the total credit bill each month. You have to pay off the entire credit bill at once. You have 90 days to pay off the entire bill.
You can use another loan to pay off each installment is an advantage of a credit plan. Thus, option A is correct.
It helps in preparing systems to handle adverse results. It helps in setting up a credit plan which can go about as a significant device to decide the degree of chance while loaning.
With a charge card, you can decide to take care of part of the equilibrium as opposed to reimbursing the complete equilibrium in one go. At the point when you make a halfway installment, it very well may be the base sum recorded on your financial record.
Therefore, option A is correct.
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