The sum of the balance of trade, net income on capital held abroad, and net transfer payments is the current account.
The balance of trade (BoT) is the difference between imports and exports of goods. Balance of Payments (BoP) is the difference between foreign exchange inflows and outflows. Type of transaction involved. Commodity-related transactions are included in BoT.
Balance of Payments (BOP) transactions consist of imports and exports of goods, services and capital, as well as transfer payments such as foreign aid and remittances. Together, a country's balance of payments and net international investment position make up its external account.
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A product line is a group of products that are physically similar or are intended for a similar market. What is the best example of a product line?
Explanation:
A product line can be defined as a strategy that a company uses to produce similar products but that meets different needs of different audiences. The advantage of this strategy is to achieve a greater market share and increase positioning and strengthen a brand in the market.
An example of a product line is a chocolate brand, Lindt for example, which has several types of chocolate, such as milk, white, dark, diet, etc.
Suppose the owners of the bank borrow $100 to supplement their existing reserves. This would increase the reserves account and:.
When the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.
What is a reserve account?It should be noted that a reserve account simply means the accumulation of funds that are used for future purpose.
In this case, when the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.
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(PLS HELP ASAP) Davon holds a degree in sports medicine. Which company might be interested in hiring Davon?
Question 3 options:
A- A traveling soccer league looking for an athletic trainer
B- A women's clinic needing sonogram technicians
C- A lab looking for someone to file their DNA analyzer
D- A grocery store looking for a pharmacist
Answer:
I think it would be answer A.!
Explanation:
Hope this helps please let me know if its correct or not?! :)
Davon might be hired by a touring soccer league searching for an athletic trainee. As a result, choice (A) is the correct reaction.
What is sports medicine?Sports medicine is a subspecialty of medicine that addresses physical fitness as well as the diagnosis, mitigation, and prevention of sports- and exercise-related injuries. Although the majority of sports organizations have long had team physicians on staff, sports medicine has only recently become recognized as a separate area of medicine. Sports medicine is a known medical specialty in various nations.
Sports medicine is a physician (non-surgical) specialty in the vast majority of nations where it is recognized and practiced, but in some (like the USA), it can also be a surgical or non-surgical medical specialty and a specialized area within primary care.
Therefore, option (A) is the accurate answer.
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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
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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ric is new to the firm, so he tells his staff that, for now, he's going to rely on their judgment and will let them do things the way they're used to doing them. what type of decision-making style has ric adopted?
The directed decision-making strategy emphasises making a conclusion fast and firmly. A decisive decision-maker has limited tolerance for vague or perplexing concepts.
Which of the following describes a decision-making approach where the team leader consults with everyone on the team before making a final choice?With a consultative approach, the leader discusses the issue to specific employees or a group of employees and solicits their feedback before eventually coming to a resolution.
What kind of person makes decisions most frequently?Rational. This is one of the most typical types of decision makers. It employs a sequential, logical thought process. You list the options before deciding which is best.
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What is an economic system in which people are free to control and own the means of production?
In the following question, among the given options, the statement is said to be The economic system in which people are free to control and own the means of production is known as Capitalism.
What is Capitalism? Capitalism is an economic system based on the ownership of the means of production and the creation of goods and services for profit. It is defined as a system where the means of production are owned privately, and businesses aim to generate profits by producing and selling goods and services in a free-market economy.
The government's role in capitalism is limited, and prices, production, and the distribution of goods and services are determined by supply and demand. This system encourages competition and innovation, as businesses must strive to create better products and services to stay competitive.
Capitalism is divided into two categories: laissez-faire capitalism and welfare capitalism. Laissez-faire capitalism is a system in which the government has no role in regulating or overseeing the economy, whereas welfare capitalism is a system that combines elements of capitalism with government intervention to ensure social welfare and economic stability.
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Jamie is researching places to live after graduating college he asked you I keep coming across as phrase cost-of-living I’ve never heard of it before do you know what it means which of the following definitions would you choose to explain to Jamie about cost-of-living means
Answer:
The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area
Explanation:
The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.
Ryanair advertised the lowest rates in Europe with fares of $12 between Paris and Munich. However, when Bill arrived at the airport, he had to pay $28 in taxes, $25 for one small carry-on bag, $6 for a non-alcoholic beverage, and $2.50 to use the restroom on the plane. Between Ryanair and the customer there is a ______ gap.
Answer:
Explanation:
Communication gap
what should you consider regarding auto insurance before buying a vehicle
Answer:both a and c
Explanation:
i did the quiz
Peyton earns $1,700 every other week, but only brings home $1,100 due to deductions, what is Peyton’s gross pay?
What does the doctrine of respondeat superior provide?
Answer:
The Respondeat Superior doctrine is a legal doctrine that establishes a rule for the adjudication of responsibilities in the event of damages or breaches in a situation in which there is a relationship of dependency between a superior and a dependent. Thus, this doctrine establishes that the superior will be responsible for the actions of his dependent, that is, in the event of non-compliance or damage by the latter (provided that said damage or non-compliance occurs in the exercise of their functions) the responsibility will assumed by the superior.
Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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(1) State which marketing environment affected Xerox's operation. (1mks)
(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)
Answer a:
Clearly, Xerox had one major issue concerning its marketing environment.
Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not
Explanation:
One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.
So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.
Answer b:
The major area that affected how Xerox conducted business is the technology enviriomment.
Explanation
Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.
Two things made this idea very attractive:
1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.
2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.
Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.
Cheers
Prepare an income statement using the following information for CK Company for the month of February 2019. Sales revenue $26,250
Rental revenue 6,426
Product expense 21,924
Wages expense 7,938
Owner investment 5,040
Equipment purchases 23,520
Utilities expense 756
Taxes expense 168
The income statement for CK Company for the month of February 2019 is given below
| Income Statement | Amount |
| --- | --- |
| Sales revenue | $26,250 |
| Rental revenue | $6,426 |
| Total Revenue | $32,676 |
| Product expense | $21,924 |
| Wages expense | $7,938 |
| Utilities expense | $756 |
| Taxes expense | $168 |
| Total Expenses | $30,786 |
| Net Income | $1,890 |
The income statement projects that CK Company collected a total revenue of $32,676 in February 2019. The company's total expenses was $30,786 which involves product expense of $21,924, wages expense of $7,938, utilities expense of $756, and taxes expense of $168.
The company's evaluated net income for February 2019 was $1,890 which is solved by subtracting total expenses from total revenue.
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Why is the rational decision-making process difficult to apply completely in many situations?
Human biases, a lack of information, time restraints, cognitive limits, and social pressures are just a few of the things that make it difficult to use the rational decision-making process.
Many reasons make logical decision-making hard to apply. First, emotions, biases, and personal preferences influence our decisions. We may make irrational conclusions due to these subjective considerations.
Rationality also requires complete and correct information. Information is typically scarce, vague, or confusing. Gathering and validating all essential data might be difficult. A lack of information might hamper logical decision-making.
Time constraints can sometimes make it difficult to fully assess all options and their potential outcomes. In such cases, people may use heuristics or intuitive judgments rather than systematically analyzing their options.
The rational decision-making process also presumes that people can assess advantages and downsides and choose wisely. However, cognitive limits like restricted rationality might impair complicated information processing and evaluation.
Finally, rational decision-making ignores group dynamics and social factors. Many decisions are made in groups with diverse opinions. Group dynamics, power dynamics, and social influences can compromise or make suboptimal decisions.
In conclusion, the rational decision-making process is challenging to apply completely in many situations due to the influence of emotions and biases, limited information, time constraints, cognitive limitations, and social factors.
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discounting a. a series of equal cash flows that occur at the end of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on). time value of money b. a 6% return that you could have earned if you had made a particular investment. amortized loan c. a table that reports the results of the disaggregation of each payment on an amortized loan, such as a mortgage, into its interest and loan repayment components. ordinary annuity d. a type of security that is frequently used in mortgages and requires that the loan payment contain both interest and loan principal. annual percentage rate e. an interest rate that reflects the return required by a lender and paid by a borrower, expressed as a percentage of the principal borrowed. annuity due f. a series of equal cash flows that occur at the beginning of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on). perpetuity g. a concept that maintains that the owner of a cash flow will value it differently, depending on when it occurs. future value h. a cash flow stream that is generated by a share of preferred stock that is expected to pay dividends every quarter indefinitely. amortization schedule i. a process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate. opportunity cost of funds j. one of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or receipts will grow over a period of time when earning interest at a given rate of interest.
Discounting: a process of determining the present value or current value of payments or streams of payments that are to be received in the future.
Time Value of Money: a concept that says the value of money differs over a period of times based on the interest rates.
What is Money?The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.
According to the match according to the term basis.
Time Value of Money: a concept that says the value of money differs over a period of times based on the interest rates.
An Amortized Loan: is a type of loan that requires the borrower to make scheduled, periodic payments that are applied to both the principal and interest.
As a result, the significance of the Money of the terms are the aforementioned.
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3. Many companies have developed. product ideas. A) Management B) Incentive C) Entrepreneurial D) Intrapreneurial 4. A market-skimming pricing strategy should NOT be used for a new product when A) The
it should not be used when the market demand is highly price-sensitive. If customers in the target market are extremely price-conscious, setting a high initial price may discourage adoption and hinder market penetration.
Many companies have developed entrepreneurial product ideas.
Entrepreneurial product ideas refer to innovative concepts and initiatives generated by individuals or teams within a company who exhibit an entrepreneurial mindset. These ideas often involve creating new products or services, exploring new market opportunities, or implementing novel approaches to address customer needs. Entrepreneurial product ideas emphasize innovation, risk-taking, and the pursuit of growth and competitive advantage.
A market-skimming pricing strategy should NOT be used for a new product when the market demand is highly price-sensitive.
A market-skimming pricing strategy involves setting a high initial price for a new product to target early adopters and capture maximum profit before gradually lowering the price to attract more price-sensitive customers. This strategy is effective when there is limited competition, high perceived value, and a relatively inelastic demand for the product.
However, it should not be used when the market demand is highly price-sensitive. If customers in the target market are extremely price-conscious, setting a high initial price may discourage adoption and hinder market penetration. In such cases, a market-penetration pricing strategy, which involves setting a low initial price to attract a large customer base, may be more appropriate to stimulate demand and gain market share.
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What is the advantage of using a job scout? personal finance
In a market economy, decisions about which goods are produced are based
on
OA what businesses believe will generate the most profits.
O B. what the government decides is important for society.
OC. what the local community has made for generations.
OD. what health care organizations suggest will be best for citizens.
Answer:
A what businesses believe will generate the most profits.
Explanation:
In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.
The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.
Answer: what the local community has made for generations
Certificate of deposit is an interest-earning deposit that requires the funds to remain deposited for a fixed term. true false
True, Certificate of deposit is an interest-earning deposit that requires the funds to remain deposited for a fixed term.
What is an interest-earning bank account?An interest checking account pays interest on the credit of the account, typically monthly. Though savings accounts typically earn higher yields than corresponding accounts, having an interest-bearing checking account allows you to make interest on the money in all of your funds.
Which bank is right for savings account?
State Bank of India (SBI) is the biggest bank of India that provides a wide range of banking products to the clients. SBI Savings Account is one of the popular products in which people can deposit their money safely. When it comes to good rates, the SBI Savings Account delivers 2.70% per annum.
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What is the structure of Public corporation
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
a service was performed for a client with payment due in 30 days what accounts are affected
a) debit Capital, Credit bank
b) debit accounts receivable, credit capital
c) debit Bank, credit accounts receivable
d) credit accounts payable, debit capital
Answer:
b) debit accounts receivable, credit capital
Explanation:
Performing service is part of normal business activities. It generates revenue for the business.
Once a service has been performed, revenue increases. Revenue is an equity account (it increases the owner's equity). An increase to an equity account is recorded by crediting the account.
The payment will be received in 30 days. This is an increase in accounts receivables ( asset account). An increase in assets is recorded as a debit.
Hastings Entertainment has a beta of 0.65. If the market return is expected to be 11 percent and the risk-free rate is 4 percent, what is Hastings' required return? Use the capital asset pricing model to calculate Hastings' required return.
Hastings Entertainment's required return, according to the Capital Asset Pricing Model, is 8.55%.
To calculate Hastings Entertainment's required return using the Capital Asset Pricing Model (CAPM), utilize the following formula:
Required Return = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate)
Given the provided information:
Risk-Free Rate = 4%
Beta = 0.65
Market Return = 11%
Substituting these values into the CAPM formula, we get:
Required Return = 0.04 + 0.65 * (0.11 - 0.04)
Required Return = 0.04 + 0.65 * 0.07
Required Return = 0.04 + 0.0455
Required Return = 0.0855 or 8.55%
Therefore, Hastings Entertainment's required return, according to the Capital Asset Pricing Model, is 8.55%.
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The checkbook balance on May 31 is $16,462.35
The Bank Statement shows an ending balance of $16,833.19
Deposits of $575 on May 29 and $1,075 on May 30 do NOT appear on the bank statement.
The bank statement shows a service charge of $20.00.
The following checks are outstanding:
Check 189 - $127.50
Check 191 - $462.19
Check 192 - $569.42
Check 194 - $881.73
in a journal
a) The journal entry to adjust the checkbook balance is as follows:
May 1 Debit Bank Charges $20
Credit Checkbook $20
b) The preparation of the Bank Reconciliation Statement is as follows:
Balance as per bank statement $16,833.19
Add Uncleared Deposits $1,650.00
Less Outstanding Checks $2,040.84
Balance as per adjusted checkbook $16,442.35
What is bank reconciliation?Bank reconciliation is an accounting process to bring the balance as per the bank statement to agree with the balance as per the checkbook.
The accounting process tries to identify discrepancies and accounting errors between these sets of records to correct and reconcile the differences.
Checkbook balance on May 31 = $16,462.35
Bank Statement balance on May 31 = $16,833.19
Uncleared Deposits:
May 29 $575
May 30 $1,075 $1,650
Outstanding Checks:
Check 189 - $127.50
Check 191 - $462.19
Check 192 - $569.42
Check 194 - $881.73 $2,040.84
Bank charges = $20.00
Checkbook Adjustment:Balance as per checkbook $16,462.35
Less Bank charges 20.00
Adjusted checkbook balance $16,442.35
Transaction Analysis for Journal:Bank Charges $20 Checkbook $20
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Question Completion:Journalize the adjusting entry for the checkbook balance and prepare the bank reconciliation statement.
According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to.
According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to remain constant.
What does a flat yield curve mean?A flat yield curve is an indicator that interest rate would be constant. The long term and short term interest rate would be the same. A downward sloping yield curve can also be an indicator that there is an expectation of lower inflation rate in coming years.
If the yield curve is upward sloping, the short term interest rate would be lower than the long term interest rate
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You want to accumulate $3,000,000 for your retirement in 40 years. What annual interest rate must you earn if you deposit $1,000 per year each year until retirement? a. 16.8454
b. 40
c. 3.000.000
d. 0
The Annual Interest Rate (AER) = 16.8454
Annual Interest Rate = RATE (nper,pmt,pv,fv)
Annual Interest Rate =RATE (40,-1000,0,3000000)
Annual Interest Rate =16.85%
Annual Interest Rate = 16.8454
When the benefits of compounding over time are taken into account, the real return on a savings account or any other interest-paying investment is known as the Annual Interest Rate (AER). It also displays the actual percentage rate of interest owed on any outstanding debts, including credit card debt and loans.
It is also known as the yearly equivalent rate, the Annual Interest Rate (AER), and the effective rate.
The genuine interest rate attached to an investment or loan is described by the effective Annual Interest Rate. The fact that the effective yearly interest rate takes into consideration the reality that more frequent compounding periods will result in a higher effective interest rate is its most significant aspect.
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why does government typically put sales taxes on inelastic goods such as liquor and cigarettes rather than on elastic goods?
To Reduced Deadweight Gains government typically put sales taxes on inelastic goods rather than on elastic goods.
The variation in the quantity demanded will be smaller when the government taxes goods with inelastic demand than when the government taxes elastic goods. When inelastic demand goods are taxed, efficiency suffers less.
What distinguishes elastic from inelastic goods?If a product's quantity demand changes more than proportionally as its price rises or falls, it is said to be elastic. On the other hand, a product is said to be inelastic if its quantity demand changes little when its price changes.
Products that are inelastic are typically necessities without viable alternatives. Utilities, prescription drugs, products are the most frequently encountered goods with inelastic demand. Due to the fact that demand remains constant regardless of price changes, companies that sell such goods can adjust their prices with greater flexibility.
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1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?
Why?
Answer:
They have a negative cash flow.
Explanation:
Because their net operating activities is not breaking even, in other words, they are losing money.
1) describe three threats to safety and three threats to security in the hospitality organization with which you are most familiar. explain how management currently addresses (manages) these threats.
The owners of hospitality businesses face a range of security issues & Safety threats. These threats may hamper the smoothness of organization.
What is Hospitality sector?Among the many industries that build up the service sector's hospitality sector include hotel, food and beverage service, event organizing, theme parks, travel, and tourism. It contains lodging facilities, travel businesses, eateries, and bars.
This hospitality sector faces challenges in delivering its operation due to possible threats in relation to safety & security.
A) Security Threats:
Threats such as anti-social behavior of humans intervention, unauthorized visitors, and high staff turnover.
B) Safety Threats:
The most identifiable operational risks are falls, trips, and slip, Property damage, food contamination, liquor liability, special uncertain events, traffic accidents, hazardous chemicals, and natural calamity.
Therefore in order to maintain the long run stability of hospitality business then the managment shall mitigate these threats by training of staff and take necessary actions for safety & security.
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Which development would most reflect Karl Marx's belief in the economic
system that he predicted would replace free markets?
A. Companies begin selling more products overseas.
B. Governments eliminate taxes on corporate profits.
OC. Private businesses lose control over factories.
O D. Workers are forced to accept low wages for their labor.
The loss of factory control by private firms is the process that most closely reflects Karl Marx's belief about the economic system that will eventually replace free markets.
Option C will be the representation of the economic system that Karl Marx believed in.
Karl Marx economic theoryTo explain relative inequalities in market prices, Karl Marx believed in the labor theory of value. The value of a manufactured economic good can be determined objectively by the average direct labor hours required to make it, according to this theory.
Karl Marx on PrivatizationAccording to Marx, the entire goal of primitive accumulation is to monopolize the means of production so that exploiting owners can profit from the surplus labor of people who, due to a lack of other options, are forced to work for them.
Therefore, option C is the correct answer.
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Answer: A is the correct answer
Explanation: