Mankiw Ch 12 problem 9 (modified wording) (4 pts): Suppose the demand for real money balances depends on disposable income. That is, the money demand function is M/P = L(r.Y - T). Using the IS-LM model, a) Does this change to IS-LM affect the way changes in government expenditures impact Y and r? If so, how? b) Does this change to IS-LM affect the way changes in taxes impact Y and r? If so, how?

Answers

Answer 1

Yes, the change to the IS-LM model does affect the way changes in government expenditures impact Y and r. In the IS-LM model, an increase in government expenditures shifts the IS curve to the right, leading to an increase in both output (Y) and interest rates (r).

However, in the modified money demand function, the increase in government expenditures will also increase disposable income (Y - T), which will increase the demand for real money balances (M/P). This increase in money demand will shift the LM curve to the left, leading to an increase in interest rates (r) but a decrease in output (Y). Therefore, the impact of government expenditures on output and interest rates will depend on the relative strengths of the IS and LM effects.

Similarly, the change to the IS-LM model affects the way changes in taxes impact Y and r. In the standard IS-LM model, a decrease in taxes shifts the IS curve to the right, leading to an increase in output (Y) and a decrease in interest rates (r). However, in the modified money demand function, a decrease in taxes will increase disposable income (Y - T), which will increase the demand for real money balances (M/P). This increase in money demand will shift the LM curve to the left, leading to an increase in interest rates (r) but a decrease in output (Y). Again, the impact of taxes on output and interest rates will depend on the relative strengths of the IS and LM effects.

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Related Questions

according to the economic policy institute, what is the average pay difference between a high school graduate and a college graduate?

Answers

According to the Economic Policy Institute, the average pay difference between a high school graduate and a college graduate is about 80%.


1. The Economic Policy Institute has conducted research on the average pay difference between high school graduates and college graduates.
2. Their findings indicate that college graduates earn, on average, about 80% more than high school graduates.
3. This means that the pay gap between these two groups is significant, with college graduates generally earning higher wages in comparison to their counterparts who only have a high school diploma.

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Please Help. Career Explorations

Please Help. Career Explorations

Answers

Ok so you need to explain what the commminuty needs like for example what people needs or you can search it up and look if there is lack anywhere and look up

Which situation best illustrates the economic concept of opportunity cost

Answers

Answer: a business spends money on new computers, so it can’t afford de office furniture

Explanation:

A company can't afford office furniture because it's spending money on new computers. As computers are more important than the furniture for working.

What is opportunity cost ?

opportunity cost is the choosing the best alternative use of that resources, as per the economist. It is also the profit suffered when one alternative is chosen over another.

Example of opportunity cost is the if a person has spent the time and money in purchasing the gadgets, then he is not able to purchase the books.

Thus, A company can't afford office furniture because it's spending money on new computers.

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outline 2 advantages to H&H of using secondary market research​

Answers

Answer:

Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable

· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%

 Hope's contribution to her RETIREMENT plan...a. is a post-tax contribution on which she pays federal

Answers

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

What does the check say?

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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measure the diameter of a tin in mm and write down the real diameter in mm​

Answers

Based on the context of the question and the image, the required real diameter of the tin is 250 mm.

What is the diameter?

Diameter is a term. that is used to describe the measurement of the length of a straight line that passes through the center of a circular object, such as a circle or a sphere.

Generally, diameter is defined as the distance between two points on the object's edge that are furthest from each other and that pass through the center of the object.

Therefore, in this case, given that the diameter of the tin in the picture is 10 cm, then the actual diameter of the tin can be calculated as:

Actual Diameter = 2.5 x Picture Diameter

Actual Diameter = 2.5 x 10 cm

Actual Diameter = 25 cm

Thus, to convert the actual diameter to millimeters (mm), we can multiply by 10 and it is depicted as follows:

Actual Diameter in mm = Actual Diameter x 10

Actual Diameter in mm = 25 cm x 10

Actual Diameter in mm = 250 mm

Therefore, in this case, it is concluded that the correct answer is 250 mm.

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measure the diameter of a tin in mm and write down the real diameter in mm

What so AIA,SAG,AMA stand for

Answers

Answer:

AIA stands for American Institute Of Architects

SAG stands for Screen Actors Guild

AMA stands for American Medical Association

Explanation:

an example of a uniform model code widely adopted by states in the united states is article 2 (sales) of the uniform commercial code (ucc), which relates to the sale of goods. true or false

Answers

Article 2 (Sales) of the Uniform Commercial Code (UCC) is an example of a uniform model code widely adopted by states in the United States, specifically relating to the sale of goods is True.

The Uniform Commercial Code (UCC) is a set of standardized laws governing commercial transactions in the United States. It was developed by legal experts and has been adopted, with some variations, by all 50 states. One of the articles within the UCC is Article 2, which specifically deals with the sale of goods.

Article 2 of the UCC provides a comprehensive framework for transactions involving the sale, purchase, and delivery of goods. It covers various aspects, including contract formation, warranties, remedies for breach of contract, and transfer of ownership. The purpose of Article 2 is to establish consistent rules and regulations across states, promoting fairness and clarity in commercial transactions related to goods.

Since its inception, Article 2 of the UCC has been widely adopted by states in the United States. Although there may be minor variations in the specific wording or interpretations, the core principles and provisions outlined in Article 2 remain consistent across jurisdictions, facilitating commerce and promoting legal certainty in the sale of goods.

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Demand includes the demand for goods and services as diverse as food, clothing, cars, health care, entertainment, and housing.a. Trueb. False

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A. true. Demand includes the demand for goods and services as diverse as food, clothing, cars, health care, entertainment, and housing.

Demand in economics refers to the quantity of a good that consumers are willing and able to buy at different prices at a particular time. The term "demand curve" refers to the correlation between price and quantity demand.

An item's perceived necessity, price, perceived quality, convenience, alternatives that are offered, buyer preferences and disposable income, among many other factors, all affect how much demand there is for that particular item.

The demand equation is a mathematical representation of the link between the amount of an item that is demanded and the variables that influence a consumer's willingness and capacity to purchase the good.

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Felicity earns $39.990 per year in take-home pay. What is the most money a
housing expert would advise her to spend on a monthly mortgage payment?

A. $987.24
B. $3990.00
C. $833.13
D. $666.50

Answers

Answer:

C. $833.13

Explanation:

Home experts advocate for the 28/36 rule. As per this rule, total household expenditure on debts,  including mortgages, should not exceed 36 % of monthly gross income. Monthly spending on mortgages should not exceed 28% of monthly income.

Felicity annual income = $39,990

Monthly income = $39,990/12

monthly income =$3,332.50

The maximum amount to be spent on mortgages

= 28% of $3,332.50

=28/100 x 3,332.50

=$933.1

Felicity should not spend more than $933.1 on the mortgage alone

From the options provided, $833.13 should be the recommended amount

A project’s IRR is independent of the firm’s cost of capital. In other words, a project’s IRR doesn’t change with a change in the firm’s cost of capital.
True or false, then why

Answers

True. The IRR (internal rate of return) of a project is the rate of return at which the project's net present value (NPV) equals zero. The IRR is calculated based on the cash flows of the project, not the cost of capital of the firm. Therefore, changes in the firm's cost of capital will not affect the IRR of the project. However, changes in the cost of capital can still have an impact on the NPV of the project, which is why it is important to consider the cost of capital when evaluating projects. It is important to note that the IRR is just one metric to consider when evaluating a project and should be used in conjunction with other financial metrics to make informed decisions.


True. A project's IRR (Internal Rate of Return) is independent of the firm's cost of capital. The IRR is the discount rate at which the net present value (NPV) of a project's cash flows becomes zero. It represents the expected rate of return on the project and is solely based on the project's cash flows, not the firm's cost of capital. The firm's cost of capital, on the other hand, is the required rate of return on investments and is determined by factors such as interest rates and the firm's financial structure. A change in the firm's cost of capital does not affect the project's IRR because they are separate calculations based on different factors.

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two different manufacturing processes are being considered for making a new product. the first process is less​ capital-intensive, with fixed costs of only per year and variable costs of per unit. the second process has fixed costs of but variable costs of only per unit

Answers

The first manufacturing process has fixed costs of X per year and variable costs of Y per unit. The second manufacturing process has fixed costs of Z and variable costs of W per unit.


The first process is less capital-intensive, as it has lower fixed costs and variable costs compared to the second process. This means that the initial investment required for the first process is lower, making it a more cost-effective option if the product demand is low or uncertain. The lower variable costs per unit also suggest that the first process is more efficient in terms of production costs.

Fixed costs are expenses that remain constant regardless of the level of production, such as rent, equipment, or salaries. Variable costs, on the other hand, change based on the number of units produced, such as raw materials or labor costs.

Comparing the two processes, the first process has lower fixed costs per year, indicating that it requires less investment in infrastructure and equipment. This can be advantageous if the company is operating on a limited budget or if there is uncertainty regarding the demand for the new product.

Additionally, the first process has lower variable costs per unit, suggesting that it is more efficient in terms of production costs. This means that for each unit produced, the company would spend less on raw materials, labor, or other variable expenses.

In summary, the first manufacturing process is less capital-intensive, with lower fixed costs and variable costs per unit. This makes it a more cost-effective option if the product demand is low or uncertain.

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Mary used Delicious (d) and Golden Delicious (g) apples to make homemade applesauce. Delicious apples are $0. 75 each and Golden Delicious apples are $1. 25 each. Mary spent $21. 00 on 22 apples. How many Golden Delicious apples did Mary buy?.

Answers

The number of Golden Delicious apple bought by Mary is 9.

Algebraic expressions are the combination of terms related together by arithmetic operations like addition, subtraction, and division.  

The number of Golden Delicious apples are computed as follows:

Given:

Price of Delicious Apples = $ 0.75

Price of Golden Delicious Apples = $ 1.25

Total Number of Apples = 22

Total Price of Apples = $ 21.00    

How can we write the Algebraic Equation for the given data?

In the equation, x is for Delicious apples and y is for Golden delicious apples.

\(\begin {aligned}21 &= 0.75 x + 1.25 y .....(1)\\22 &= x + y .....(2)\\\\\end{aligned}\)

   

\(\begin {aligned}\rm Putting\; the \;value\; of\; y\; in\; Equation\;(1):\\21 &= 0.75 x + 1.25 (22 - x)\\21 &= 0.75 x + 27.5 - 1.25 x\\-6.5 &= -0.5 x\\x &= 13\\\\\end{aligned}\)

\(\begin {aligned}\rm Putting\; the \;value\; of\; x\; in\; Equation\;(2):\\y &=22 - x \\y &= 22 -13\\y&= 9\end{aligned}\)

Thus, Mary bought 9 Golden Apples and 13 Delicious Apples.  

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2. Uncle Fred is retired. His favorite thing to do is to go fishing. Why doesn't Uncle Fred Fish all day every day? (according to the consumer behavior theory offered in chapter 6! - please refer to the theory in your answer)

Answers

According to the consumer behavior theory in Chapter 6, one possible explanation for why Uncle Fred doesn't fish all day every day is that he experiences diminishing marginal utility.

This theory states that as a consumer continues to consume more of a particular product or service, the additional satisfaction or utility that they receive from each additional unit of consumption gradually diminishes.

In the case of Uncle Fred, he may enjoy fishing and find it satisfying, but after a certain point, the marginal utility of fishing decreases. This means that the satisfaction or pleasure he gets from each additional hour of fishing gradually decreases, until eventually the cost of fishing (in terms of time and effort) outweighs the benefits.

Another possible explanation is that Uncle Fred has other priorities or responsibilities that limit the time he can devote to fishing. For example, he may have other hobbies or interests, or he may have family obligations or other commitments that require his time and attention.

In addition to these factors, it's also important to consider that individuals' preferences and behaviors are shaped by a complex array of social, cultural, and psychological factors. These factors can include things like social norms, personal values, and individual attitudes and beliefs. So while the theory of diminishing marginal utility provides one possible explanation for Uncle Fred's behavior, it's important to consider other factors that may be influencing his decision-making as well.

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Which tasks would be performed by someone in an Administration and Information Support career?

analyzing information to predict future sales and supervising others
answering telephone calls and filing paperwork
training employees and administering employee benefits
hiring and firing employees and approving budgets

Answers

Answer:

B. Hope this helps my friend!

Explanation:

Answer:

anwer is B

Explanation:

golden company had the following accounts and balances at the end of the year. what are total assets at the end of the year?

Answers

The golden company had the following accounts and balances at the end of the year. Accounts Payable $18,000 are total assets at the end of the year.

The assets is a set of collection like stock, gold etc, which has the chance to increase the price of the current market-price.

The accounts payable is the amount that transact after the selling of the gold products. It can include the depositing funds, and card transaction. The importance of asset is basically give strong impact on the IPO time, more investor can invest in the business if they have more assets.

The more assets reflects the good image of the business or company and show it is financially well and earn profitable by the selling more goods or services.

The Accounts Payable $18,000 are total assets at the end of the year.

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Why is money management important? How would you rate your own money management?

Answers

Answer:

because it has money

Explanation:

Answer:

Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.

Explanation:

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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baker company issued $200,000 of ten-year bonds to yield 11% when the stated rate of the bonds was 9%. present value interest factors (pvif) are: 9% 11% pvif of $1, 10 years 0.42241 0.35218 pvif of annuity of $1, 10 years 6.41766 5.88923 the entry to record the bond issuance would be multiple choice

Answers

The difference between the face value of the bonds and the amount received is due to the difference between the stated rate (9%) and the market rate (11%).

The entry to record the bond issuance would be:

Debit Cash $ [Value of bond issuance]

Credit Bonds Payable $ [Value of bond issuance]

Assuming the bonds were issued at face value, the entry would be:

Debit Cash $200,000

Credit Bonds Payable $200,000

The difference between the face value of the bonds and the amount received is due to the difference between the stated rate (9%) and the market rate (11%). The bonds were issued at a discount, which means the effective interest rate (11%) is higher than the stated rate (9%). The discount is amortized over the life of the bonds, resulting in higher interest expense in the early years of the bond and lower interest expense in the later years.

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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.

Ranstech sells its product for $200. marginal cost is a constant $160 per unit and fixed costs are $67,000. what is the breakeven quantity?

Answers

The Break-even point is the point where a firm neither gains nor losses. The breakdown quantity is 1725 units.

The break-even point is the number of additional units a company must sell to cover the cost of marketing programs and other types of investments, says Avery. If as a result of his investment he does not sell an amount equivalent, the company will suffer a loss and will not be able to recover its costs.

Break-even quantity = fixed cost / contribution per unit

Where contribution per unit = states per unit - variable cost per unit.

Now according to the problem, the marginal cost per unit is a constant $ 140 per unit. Go, it will converge to the variable cost per unit. ince, there is no change in the cost of production per additional unit, so the variable cost is the same as the marginal cost.

The fixed cost is 103500

Break-even quantity = fixed cost / contribution per unit

                                    = 103500/200 -140

                                    = 10350/ 60

                                    = 1725 units

And, the break-even revenue ig = $(1725 x 200) = $345000.

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What are the four parts of the SWOT analysis?

Answers

Answer:

Strengths, Weaknesses, Opportunities, and Threats

Explanation:

Answer:

Strengths, Weaknesses, Opportunities, Threats. AKA. SWOT.

Explanation:

A SWOT analysis is a technique for assessing these four aspects of your business.

With regard to change communication, bill quirke suggests that the _____ type of target audience know that they will be affected by a change and are interested and concerned about the change.

Answers

With regard to change communication, Bill Quirke suggests that the engaging type of target audience know that they will be affected by a change and are interested and concerned about the change.

What is in a target audience?

A target audience is a group of people defined by certain demographics and behavior. Often, businesses use what they know about their target audience to create user personas. These personas guide their decisions on marketing campaigns.

Why is a target audience important?

Identifying a target audience provides a clear focus of whom your business will serve and why those consumers need your goods or services. Determining this information also keeps a target audience at a manageable level.

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Which best diagrams the correct obstacle to the example?

Economic obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Time obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Motivational obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Time obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Economic obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Motivational obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Financial obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Economic obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Motivational obstacle: Sally wants to open her own business, but was denied a loan from the bank. Time obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Economic obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Motivational obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Time obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Answers

Answer:

a

Explanation:

i just took the unit text and got a 100%

a company will debit ___________ when recording a credit sale.

Answers

A company will debit accounts receivable when recording a credit trade.

The balance of plutocrat owed to a business for goods or services delivered or utilized but not yet paid for by guests is known as accounts delinquent( AR). On the balance distance, accounts receivable are shown as a current asset. Any sum of plutocrat that guests owe for purchases they made using credit is known as AR.

The term" accounts receivable" describes the overdue bills or cash that guests owe a business. The term describes accounts that a company is entitled to get since it has handed a good or service.

Receivables, also known as accounts delinquent, are a company's line of credit that generally include terms that call for payments to be made within a kindly short time frame. Generally, it begins with a many days.

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please help me quick :(​ (sorry meant to put chem not business)

please help me quick :( (sorry meant to put chem not business)

Answers

Air is a mixture the rest aren’t

6. Ben has earned a good salary for many years and is ready to start investing. He is in his
mid-50s and is interested in the bond market. He would like to make strong returns on his
investments in a short amount of time. Describe in detail all the steps Ben should take when
investing his money in the bond market.

Answers

The steps that Ben should take when investing his money in the bond market are

assess his risk tolerancehave a plan for asset allocationassess the bond investment performanceseek advice from brokers.invest in the best market

What should Ben do to invest the bond?

Because Ben is willing to make strong return in short time, he can choode to invest in corporate bonds.

These Corporate bonds are issued by companies and the Issuing of  bonds is another way for companies to access cash without diluting ownership through additional shares.

Therefore, the option of corporate bonds will be the best investment to make a strong return in short time.

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What do pilots do on a daily basis? What kinds of skills and knowledge does a pilot need to have? Do you think you would want the job of pilot? Why or why not?

NO LINKS I WILL REPORT!! 15 POINTS PLEASE ANSWER QUICKLY!!!​

Answers

dude yes i keep on getting links too

Which of the following statements is true about language training in the context of selection criteria for international assignments?Traditionally, managers from English-speaking countries have done very well in the language area.Language training is less important in countries like Russia, where successful integration is independent of the ability of an expatriate to converse in Russian.Being able to speak with locals in their own language is a major milestone for many expatriates in finally feeling connected to the foreign country.According to research, expatriates are most likely to learn the local language if the host country is a developing nation.

Answers

Option (c), The true statement about language training in the context of selection criteria for international assignments is: "Being able to speak with locals in their own language is a major milestone for many expatriates in finally feeling connected to the foreign country."

Language training plays a significant role in the success of expatriates in international assignments. When expatriates can communicate with locals in their language, it fosters better relationships and a sense of connection to the foreign country. This is essential for the expatriate's professional and personal well-being, leading to better performance and integration in the new environment.

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The goal of the organization's socialization efforts should be to minimize _______ as much as possible.
a. mentoring b. diversity c. reality shock d. espoused values e. newcomer orientation

Answers

The goal of the organization's socialization efforts should be to minimize  Reality shock  as much as possible.

It can be caused by a number of factors, including differences between the organization's culture and the employee's previous work environment, discrepancies between what was promised during the hiring process and what is actually experienced on the job, and the challenges of adapting to a new role and responsibilities.

The goal of an organization's socialization efforts should be to minimize reality shock as much as possible by providing clear and accurate information about the organization's culture, values, and expectations, as well as support and guidance to help new employees adjust to their new surroundings.

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What is the value of this expression? 7 + 4 (6 2)2 The Delay The cooling rain had come over the valley in the afternoon, tapping on the roof of the house. Inside there was a buzzing excitement as Ahmed's family prepared for a camping trip in the mountains. Everyone was looking forward to the trip, but nobody was more excited than Ahmed. Ahmed stood at the door waiting for the rain to stop so he could take his stuff out to the car. Soon enough, the rain stopped, but he noticed something elsean unfamiliar car stopped on their block and in front of their car. He ran to his father, screaming "Dad, we need them to leave; they're blocking our path!" Ahmed's father paused tying up the last of the luggage gear and went out to speak to the mother and father in the car with their family. He soon returned to be greeted by Ahmed, asking, "Dad, did you tell them to move? When are we leaving?" Ahmed's father walked past him and went straight to his tool closet. When he returned, he addressed Ahmed, "Now, wait just a minute. This family was also traveling for a weekend trip, but they got a flat tire. They need our help." Ahmed wanted to protest and really wanted to go on that camping trip, but he knew he wanted to make his dad happy, and nothing was more important than helping someone in need. "I'm sorry Dad, I was just so excited. Take as long as you need." "As long as I need? It's important we both help out." Then he added with a smile, "Plus, it's good practice for when we need to put up that tent!"5What is the major event in this story that impacts the plot? 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It is obtained by the positive and negative square roots of a uniform random variable. Which of the following are examples of the non-therapeutic block to communication of "giving reassurance"? Select all that apply?A) "That's good. I'm glad that you..."B) "Hang in there, every dog has his day."C) "Don't worry, everything will work out."D) "I think you should..."E) "I'm sure you can beat this addiction." Basic IP Awareness WBT ALL QUESTIONS ARE RELATED TO INTELLECTUAL PROPERTY RIGHTS. Please respond me with correct answers may be few of them 2 answers are correct. 1) In India, Literary Work is protected for a Period of _ years after the death the creator. (Select correct options ) 30 60 20 102) Plan of a building cab be protected by : (Select correct options ) Copyright Patent Ic Layout Design Trademark3) If TCS project team plans to user Customer IP and /or Partner/Vendor IP in the project then team needs to comply with(Select correct options ) Both access restrictions and usage restrictions (if any) Access restrictions only(if any) Usage restrictions only (if any)4) Which of the following can be considered as an Trademark? (Select correct options ) Brand user of goods and services like a brand name for mobile phone Inventions like home security automation system and 3D Original artistic and literary works like songs, books and software codes. (Select correct options )5) Which is not following not covered under a copyright protection? (Select correct options ) Software, Audio visual work, Pictures, Graphic work Training Software (source and object code), audio visual work, pictures, grahic work Process, Frameworks, Guidelines, templates A unique invention or concept6) There is a link between IP and Technological advancement(Select correct options ) True False Find the average rate of change of the function f(x) = 8x from x = 0 to X = 3. why some military strategies have been characterized by failure Solve for x cos x =sin 5x What antiarrythmic agent has local anesthetic effects, direct stabilizing action on myocardial membranes, and beta-adrenergic blocking properties