This question discusses the possibility for firms to cluster and share a labor pool. Consider a firm that produces a certain good that faces uncertain demand. There is 50% chance the demand is high, and 50% chance the demand is low. When the product demand is high, the firm's demand for labor is w=12−0.5L. When the product demand is low, its demand for labor is w=8−0.5L. Here w is wage for each worker and L is the total number of workers it hires. The firm considers to locate in one of the two cities, city A and city B. Workers are freely mobile between the two cities.
Answers
Overall, locating in City B and sharing a labor pool with another firm will save the firm money, as the expected wage rate is lower than if the firm were to locate in City A.
What is Rate ?Rate is a measure of the relative speed at which something happens, or the amount of something that happens within a period of time. It is a way of comparing the speed or amount of one thing to another. For example, the rate of inflation measures the change in the cost of goods and services over a specific period of time. In other words, the rate of inflation is the percentage increase in the cost of goods and services from one period to the next.
If the firm locates in City A, the expected wage rate is 10 since there is an equal probability of high and low demand. The firm can expect to pay 10 for each worker regardless of the demand.
If the firm locates in City B and shares a labor pool with another firm, then the expected wage rate is 8. This is because if the product demand is high, then both firms will be competing for workers, driving the wage down. On the other hand, if the product demand is low, then both firms will be able to hire workers at a lower wage rate.
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Related Questions
all of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc.
Answers
Personal finance refers to the management of an individual's or a family's money, including income, expenses, saving, investing, and budgeting.
It also encompasses financial planning, such as setting financial goals and creating a plan to achieve them, as well as managing debt and understanding credit. Income management: Personal finance includes managing one's income, whether it comes from employment, investments, or other sources. This includes budgeting, tracking expenses, and making sure that income is sufficient to meet necessary expenses.
Saving and Investing: Personal finance also involves setting money aside for future expenses, such as retirement or unexpected expenses. This includes creating a savings plan, setting financial goals, and selecting appropriate investment vehicles.Budgeting: Personal finance involves creating and sticking to a budget, which is a plan for how to allocate money to different expenses. This includes identifying fixed expenses, such as rent or mortgage payments, as well as variable expenses, such as entertainment or dining out.Debt management: Personal finance also includes managing debt, such as credit card debt, student loans, or mortgages. This can involve creating a plan to pay off debt, consolidating debt, or seeking professional help.Financial Planning: Personal finance also includes financial planning, which is the process of setting financial goals and creating a plan to achieve them. This may involve creating a retirement plan, creating a plan for saving for a down payment on a home, or creating a plan for paying for children's education.To know more about Personal finance:
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Question 6 of 10
What was the main purpose of the Sarbanes-Oxley Act?
A. To increase competition in the accounting industry
B. To increase tax revenue for the government
O C. To create jobs for accountants
D. To protect investors from fraud and false financial reporting
Answers
The main purpose of the Sarbanes-Oxley Act is to protect investors from fraud and false financial reporting (option D).
What is financial reporting?Financial reporting is described as a process through which the financial statements of an organization are issued. It is a process that includes communication as well as documentation of the financial performance and financial activities of an organization that is carried out for a specific period.
The Sarbanes-Oxley Act is a law in the US, and the main purpose of this act is to protect investors. The disclosure made through financial reporting is made accurate and reliable through the implementation of this act.
It can be concluded that the main purpose of the Sarbanes-Oxley Act is to protect investors from fraud and false financial reporting (option D).
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Which situation(s) would be considered unethical design practices?
Select all that apply.
copying a design idea
making false claims about a product
designing a political campaign
using your own photographs
Answers
Answer:
I think A
Explanation:
copying a design idea
Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $33,500 to get things started. Ron was a bit short on cash but had a parcel of land valued at $78,100 (basis of $67,000) that he decided to contribute. The land was encumbered by a $44,600 mortgage. What tax bases will each of the three have in his or her stock of Bumblebore?
Answers
Answer: Harry tax basis = $33500
Hermione tax basis = $33500
Ron tax basis = $22400
Explanation:
Harry and Hermione both contributed cash of $33,500 to get things started. Therefore,
Harry tax basis = $33500
Hermione tax basis = $33500
Ron tax basis will be the difference between the basis of the land and the mortgage.
= $67000 - $44600 = $22400
If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.
Answers
Answer:
Yes
Explanation:
Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.
Audience:
Your audience is the bank's loan manager.
Situation:
You have invented a new product and decided to start a business manufacturing your invention. You have chosen a sole proprietorship as the best choice of business ownership. The problem is in order to get your business "off the ground" you will need a capital investment. So you have decided to approach your local bank for a loan. The bank's loan manager is considering financing your business and has agreed to listen to a presentation about your business plan. The loan manager has asked you to address some of her concerns in the presentation.
Product:
Create a persuasive presentation that addresses the bank's loan manager's concerns.
Standards for Success:
Your presentation to the loan manager must include:
Rationale behind choosing a sole proprietorship instead of a partnership or corporation as the form of business ownership.
A detailed description of the target market for your product.
A detailed description of your business's marketing mix.
Identification and explanation of the customer buying motive for your product.
An explanation of how your business will be socially responsible to the local community.
Answers
Answer:
E=mc2
Explanation:
50 points! marking brainliest
Answers
Answer:
i cant see it it very blurey
Explanation:
Answer:
ok
Explanation:
Which of the following types of loans issued in California may be protected from a deficiency judgment?
A Refinance of a refinanced loan issued in January 2015
B Second mortgage issued in July 2012 to purchase a single family home
C Second mortgage issued in August 2013 to purchase a single family home
D Refinance of a mortgage issued in February 2010
Answers
A mortgage refinance made after one that was issued in February 2010 might be shielded from a deficiency judgement. The deficiency judgement allows lender to collect the debt through regular methods.
In which states are deficiency judgements permitted?Deficit judgements are permitted in most states. Deficit judgements are generally prohibited only in Alaska, California, Minnesota, Montana, Oregon, and Washington. Deficiency judgements are only permitted in limited circumstances in other states.
What is a deficit judgement and what do the borrower's options are in the event of one?When the assets used to secure a loan are insufficient to satisfy the debt due by the debtor, a deficiency judgement is given to the creditors. When a debtor becomes insolvent, the creditor has the right to seize the asset used as collateral for the loan and sell it to recoup the obligation.
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Which of the following is likely to increase the value of a country's currency?
Answers
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
The agreement of the trial balance total is an indication that all transactions have been properly recorded in the books of accounts do you agree justify your answer
Answers
Answer: I did not agree that the agreement of trial balance is an indication that all transactions have been properly recorded in the books of account .it only means that certain types of errors have not been made.
Explanation:
Trial balance is an account prepared in order to test the arithmetical accuracy of entries in the ledger account. When a double entry principle has been observed then the total of debit entry must equal the total of credit entry in the trial balance. The balancing of the two sides of the trial balance does not mean that the account is correct. It means that certain types of errors have not been made. In the sense that there are several types of error which will not affect the balancing of trial balance such as the compensating error, error of original entry, error of omission, error of commission and so on will not affect the balancing of trial balance.
Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.24. The average fixed expense per month is $1,600. An average of 2,100 cups are sold each month. What is the CM Ratio for Coffee Klatch?
Answers
Answer:
The contribution margin ratio for Coffee Klatch is 83%.
Explanation:
Given that Coffee Klatch is an espresso stand in a downtown office building, and the average selling price of a cup of coffee is $ 1.49 and the average variable expense per cup is $ 0.24, and the average fixed expense per month is $ 1,600, to determine what is the CM Ratio for Coffee Klatch if an average of 2,100 cups are sold each month, the following calculation must be performed:
Contribution margin ratio: (sales - variable costs) / sales
((2,100 x 1.49) - (2,100 x 0.24)) / (2,100 x 1.49) = X
(3.129 - 504) / 3.129 = X
2.625 / 3.129 = X
0.83 = X
Thus, the contribution margin ratio for Coffee Klatch is 83%.
1. Briefly explain how globalization encourages worldwide economic growth through trade and labor markets. Also, explain how globalization and technological advancement encourage each other. (4 points)
2. Rapid inflation or deflation can have a domino effect on the global economy. One dramatic example occurred in the first half of the 20th century, when the world faced both the Great Depression and World War II. Briefly explain how rapid inflation and deflation affected the global economy during the Great Depression (1929 – 1938), World War II (1939 – 1945), and the postwar era (1946 – 1950). (4 points)
3. Identify and describe the three most common reasons countries trade, and give an example of each of these trade motivations in action. (4 points)
4. Four of the main types of trade barriers are tariffs, quotas, embargoes, and standards. Define each and briefly describe its economic impact. (4 points)
5. Describe the impact of a strong (appreciating) U.S. dollar and a weak (depreciating) U.S. dollar on both the U.S. economy and the economies of major U.S. trading partners. (4 points)
Part II: Application and Critical Thinking (20 points)
6. In the 20th century, the U.S. economy's shift from the gold standard to the Bretton Woods system, and what happened over time as a result, had an important role in changing the United States' standing in the world. Write a short essay on the Bretton Woods system and the global role of the U.S. dollar that addresses the following prompts.
a. Explain what the gold standard was, including its connection to the U.S. and world economies in the early 1900s.
b. Explain the Bretton Woods system and how it initially affected the global role of the U.S. dollar.
c. What was the effect of the Bretton Woods system over time? Explain what happened in the early 1970s that ended the system. How was the status of the U.S. dollar affected as a result?
(20 points)
Answers
1. Globalization places pressure on nations to reduce tariffs, subsidies and other barriers to free trade. As a result, Globalization promotes economic growth, creates jobs, makes companies more competitive and lowers prices for consumers. Globalization increases technological development by allowing countries to gain easier access to foreign knowledge. Globalization also enhances international competition.
2. The worldwide prosperity of the 1920s ended abruptly with the stock market crash in October 1929 and the great economic depression that followed. The inflation of the money supply during this period led to an unsustainable inceease in both asset prices and capital goods.
3. Differences in Technology: Advantageous trade can happen amongst nations if the countries differ in their technological abilities to produce goods and services. For example conversion of resources to outputs
ii. Differences in Resource Endowments: Advantageous trade can happen between nations if the nations differ in their endowments of resources. For example, presence of certain resources in one country and its absence in another.
iii. Differences in Demand: Advantageous trade can happen among countries if demands or preferences differ between countries. Individuals in different countries can prefer or demand for different products. For example, the Chinese are likely to demand more rice than Americans, even if consumers face the same price.
4. Tariffs are described as levies that a government places on imports entering a country, its impact is that it may increase the price of a commodity.
An import quota infers the numerical limit set to deduce the quantity of a commodity that can be imported into a country.
Tariffs and quotas are established to react to international trade and its effects.
5. The impact of the appreciation and depreciation of dollars is that it will reduce inflation in the US and vice versa in their partners. That is, if dollars appreciate, in the US, inflation is reduce and inflation is increased in that of their partners but when dollars depreciate, inflation occurs in the US and not in their partners .
6a. The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning the remnants of the system in 1973.
b. The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.
What was the effect of the Bretton Woods system over time?The Bretton Woods System demanded a currency peg to the U.S. dollar which was in turn pegged to the price of gold. The Bretton Woods System ended in the 1970s but created a lasting influence on international currency exchange and trade through its development of the IMF and World Bank.
Therefore, the correct answers are as given above
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Following the completion of a contract for construction or other improvements to a property, a contractor has the right to establish a lien on a property as protection against the case that a property owner defaults on the construction contract. This lien is more commonly referred to as a(n):
Answers
The lien that give contractor the right to establish a lien on a property as protection against the case is known as mechanic's lien.
What is a Mechanic's lien?A mechanic's lien refers to a type of lien that shields contractors from the danger of not paying by the owner for administrations delivered.
This lien ensures that installment to builders, contractors, or development firms that construct structures engaged with a development project in case of a liquidation.
In conclusion, the lien that give contractor the right to establish a lien on a property as protection against the case is known as mechanic's lien.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
Answers
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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gdaniel is working in a job that pays $18,000 per year. He is considering a one-year automobile mechanics course that costs $1,000 for books and tuition. He would stop working for a year while he attends this course. Daniel estimates that this course will increase his income to $23,000 in each of the three years following completion of the course. At the end of those three years, Daniel plans to retire to a commune in Tucson, AZ. The current interest rate is 10 percent. Is it economically rational for Daniel to enroll in the course? Explain and justify your answer.
Answers
Answer:
It is not economically rational for Daniel to enroll in the course
Explanation:
Increase in income = $23,000 - $18,000 = $5,000
i = 10% = 0.1
NPV = -(18,000 + 1,000) + 5,000/(1.1)^1 + 5,000/(1.1)^2 + 5,000/(1.1)^3
NPV = -17,000 + (4545.45 + 4132.22 + 3756.74)
NPV = -17,000 + 12,434.41
NPV = -4,565.59
Conclusion: Since NPV is Negative. Therefore, it is not economically rational. So the answer is NO.
___________ is a way of saving a file so it can be used by a different program. A. Selecting B. Exporting C. Citing D. Formatting Please select the best answer from the choices provided A B C D Mark this and return
Answers
Answer:
B. Exporting
Explanation:
Name two ways that direct deposit provides convenience.
Answers
GUYS PLEASE HELP, ILL GIVE BRAINLIEST
List 5 ways Chapter 7 and Chapter 13 Bankruptcies are similar:
Answers
Answer:
Explanation:
While Chapter 7 eliminates your debts while Chapter 13 restructures them, you will be able to enjoy something called an “automatic stay” when you file either. This stay means that your creditors are unable to contact you about recovering existing debts while the order is in place, and can be penalized by the courts if they violate the stay. In addition, this stay will put a halt to any wage garnishing that you have been subject to, meaning that you will be able to retain all of your earnings during this time.
Foyle Architects incorporated as licensed architects on April 1, 2014. During the first month of the operation of the business, these events and transactions occurred:
Apr. 1 Stockholders invested $21,341 cash in exchange for common stock of the corporation.
1 Hired a secretary-receptionist at a salary of $445 per week, payable monthly.
2 Paid office rent for the month $1,067.
3 Purchased architectural supplies on account from Burlington Company $1,541.
10 Completed blueprints on a carport and billed client $2,253 for services.
11 Received $830 cash advance from J. Madison to design a new home.
20 Received $3,320 cash for services completed and delivered to M. Svetlana.
30 Paid secretary-receptionist for the month $1,780.
30 Paid $356 to Burlington Company for accounts payable due.
1.) Journalize the transactions. (If no entry is required, indicate "No entry". Record journal entries in the order presented in the problem.)
2.) Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.)
3.) Prepare a trial balance on April 30, 201
Answers
Answer:
1)
April 1 Stockholders invested $21,341 cash in exchange for common stock of the corporation.
Dr cash 21,341
Cr common stock 21,341
April 1 Hired a secretary-receptionist at a salary of $445 per week, payable monthly.
no journal entry required
April 2 Paid office rent for the month $1,067.
Dr rent expense 1,067
Cr cash 1.067
April 3 Purchased architectural supplies on account from Burlington Company $1,541.
Dr supplies 1,541
Cr accounts payable 1,541
April 10 Completed blueprints on a carport and billed client $2,253 for services.
Dr accounts receivable 2,253
Cr service revenue 2,253
April 11 Received $830 cash advance from J. Madison to design a new home.
Dr cash 830
Cr unearned revenue 830
April 20 Received $3,320 cash for services completed and delivered to M. Svetlana.
Dr cash 3,320
Cr service revenue 3,320
April 30 Paid secretary-receptionist for the month $1,780.
Dr wages expense 1,780
Cr cash 1,780
April 30 Paid $356 to Burlington Company for accounts payable due.
Dr accounts payable 356
Cr cash 356
2)
Cash
debit credit
21,341
1.067
830
3,320
1,780
356
22,288
accounts receivable
debit credit
2,253
supplies
debit credit
1,541
accounts payable
debit credit
1,541
356
1,185
unearned revenue
debit credit
830
common stock
debit credit
21,341
service revenue
debit credit
2,253
3,320
5,573
rent expense
debit credit
1,067
wages expense
debit credit
1,780
3) debit credit
cash $22,288
accounts receivable $2,253
supplies $1,541
accounts payable $1,185
unearned revenue $830
common stock $21,341
service revenue $5,573
rent expense $1,067
wages expense $1,780
totals $28,929 $28,929
If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
Answers
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
Answers
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
Your company purchased some expensive, sophisticated equipment in January of Year 5. The cost was $2,000,000 and the equipment was expected to have a useful life of 10 years. Now, in Year 6, the company has spent an additional $1,000,000 on the same equipment. $400,000 of this total was on ordinary repairs to fix things in order to maintain expected operating condition. However, the other $600,000 was spent on extraordinary repairs, which consisted of replacing the original engine so that the useful life of the entire equipment will be extended another five years. Company management was to "capitalize" the entire $1,000,000. Write a memo around two paragraphs in length to your supervisor that explains the following: The accounting error that has been made The effect this error will have on the company's financial statements this year The problems that might result The importance of fixing the error and what needs to be done to fix the error
Answers
The memo required to be written to the supervisor about the accounting error of capitalizing expenses should look like the following:
From: Management Accountant
To: Financial Planning and Analysis Manager
Subject: Capitalization of Expenses for $400,000
Date: March 17, 2022
The above subject refers.
An accounting error has occurred with the capitalization of $400,000 incurred on ordinary repairs of equipment. This error needs to be reversed because it results in the following problems:
Incorrect income reportingIncorrect cash flow classificationIncorrect expense reportingImproper matching of income and expenses.To fix the error, the Equipment account should be credited while the Equipment Repairs Expenses should be debited.
Regards,
Tony
What is an accounting error?An accounting error is a mistake in the classification of a transaction. It may be intentional (fraudulent) or unintentional.
However, once an accounting error is spotted, it must be corrected to ensure that the accounting system is properly maintained.
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What are the three types of inherent value money can have?
A. Regulated, market, and face.
B. Intrinsic, market, and commodity.
.C. Intrinsic, market, and face.
D. Face, intrinsic, and commodity.
Answers
The three types of inherent value money can have are Intrinsic, market, and face. Option C
What is inherent value money about?Cash has an asset's value is determined by its intrinsic value. Instead of using the asset's actual market price, this metric is calculated objectively or through the use of a sophisticated financial model.
Other than its current exchange value for goods and services, it has no worth. Something is valuable in and of itself when it has inherent worth. A thing with intrinsic value is a goal in and of itself.
Hence, the value an entity has for what it is, as a goal, or in and of itself is known as intrinsic value.
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Based on the problems you have seen so far at GearOn, what type of CRM applications will be MOST helpful to the company?
Relationship Management and Customer Support Applications You decided that Relationship Management and Customer Support Applications would be the most valuable to GearOn. This was the best choice, because the problems at the company center on supporting and retaining current customers.
Answers
CRM applications that focus on relationship management and customer support would be the most helpful to GearOn, as the company's problems center around supporting and retaining current customers.
Based on the problems described, the most helpful type of CRM applications for GearOn would be Relationship Management and Customer Support Applications.
The company seems to be struggling with customer retention and support, which can be addressed through effective relationship management and customer support tools. These tools can help the company track customer interactions, resolve issues quickly and efficiently, and provide personalized service to improve customer satisfaction and loyalty.
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--The given question is incomplete, the complete question is given
" Based on the problems you have seen so far at GearOn, what type of CRM applications will be MOST helpful to the company?"--
How can a manager use a value chain to improve a company?
Answers
To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.
How are bonds a safer investment than stock?
A. Bonds are safer because they are loans with a guaranteed interest rate for return
B. Bonds are sager because they are paid with with taxes
C bonds are safer because they are paid by the stock market
D bonds are safer cause they qre assets with gauranteed return from the government
Can be mutiple answers
Answers
Answer: D and B
Explanation:
The stock market is where you invest where you want to and hope the money will grow bigger by the company growing bigger. Bonds are you paying a certain amount of money and the government will pay back a little back at a time so if the government doesn't pay which is very unlikely is the reason why bonds are safer.
If Chelsea decides to wait two years
before making the down payment,
instead of one, how much money
will she have after two years?
Answers
If
you are
using $50 to buy your groceries, which function of money is
this?
Answers
Answer:
Medium of Exchange
Explanation:
A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.
Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.
According to Dr. Ridel's Levels of Critical Thinking in Chapter 1, what level of critical thinking applies to your current status? Discuss how you will use the "8-Step process to critical thinking" in your personal and professional life. Provide examples to support your answers.
Answers
Answer:
how to write it inthe morning and evening so much more than happy
PLZ HELP GIVEING BRAINLIST 1. Jamal volunteers his time after school to walk the dogs at a local animal shelter. Jamal does not get paid for this time, even though he spends about two hours there every day. Although he is not making money, list one way that volunteering in this way could be beneficial to Jamal in the future. Also list one way that Jamal is benefitting his community.
2. Amber is busy creating her resume. When she gets to the part about providing references, she is not sure who to put down. She knows her brother will give her a good reference, since he knows her very well. Her guidance counselor at school also offered to provide a reference for her, so she is thinking of adding him. Which option would be better for Amber to use on her resume? Explain the reason for your answer.
3. Now that Amber has her resume finished, it is time for her to begin her job search. List one place where Amber could look to find job openings, two things Amber should do after finding a job she wants to apply for, and what she should wear if she is called in for an interview.
4. You are on a job interview for your dream position. The interviewer asks if you have experience working with Microsoft Excel, a computer software program that allows you to create and customize spreadsheets to analyze data. You have never used Microsoft Excel, but you do know what it is. How would you answer? Why? Explain your reasoning.
5. Grant and Cara are coworkers at a design firm. Grant is so good at his job that he does not like to listen to the opinions of others. Cara is not as experienced as Grant and it takes her a little bit longer to complete design tasks, but she is a good listener and tries to make changes that her co-workers suggest. Which person would you rather work with? Give two reasons for your answer. Why might co-curricular, extra-curricular, career preparation, or extended learning experiences have been important in helping prepare the person you chose to have those qualities that are desirable in the workplace
Answers
Answer:
1. One way it could benefit Jamal in the future is that he will have gained practical skills and experience if a job hires him or something. One way he is benefiting the community is helping out the shelter so that they don't have to walk all the dogs and he’s doing a good deed.
2. Her guidance counselor will be the best option. Getting reference from her brother that knows her very well has nothing to do with her needing a reference for her resume. Her counselor knows about her educational background , so I personally think her counselor should be the reference.
3. She could look at jobs that require a resume, like a restaurant. Amber should be on lookout for a phone call or email and she should be prepared. She should also wear a white button up shirt with a black long skirt or a pair of black pants.
4.I would say no but I'm a quick learner and I can learn how to use it very fast. I wouldn’t tell a story and say I have because when i get ready to use it i may not know how, so it is important to be honest about it.
5.I would choose Cara because she listens to others' opinion about the task. Putting in others' opinions really matters, especially when it comes to working with a partner or two. I would rather work with Cara even though Grant is quick, he doesn't put in and listen to others’ opinions.
Answer: 1. One way it could benefit Jamal in the future is that he will have gained practical skills and experience if a job hires him or something. One way he is benefiting the community is helping out the shelter so that they don't have to walk all the dogs and he’s doing a good deed.
2. Her guidance counselor will be the best option. Getting reference from her brother that knows her very well has nothing to do with her needing a reference for her resume. Her counselor knows about her educational background , so I personally think her counselor should be the reference.
3. She could look at jobs that require a resume, like a restaurant. Amber should be on lookout for a phone call or email and she should be prepared. She should also wear a white button up shirt with a black long skirt or a pair of black pants.
4. I would say no but I'm a quick learner and I can learn how to use it very fast. I wouldn’t tell a story and say I have because when I get ready to use it I may not know how, so it is important to be honest about it.
5. I would choose Cara because she listens to others' opinions about the task. Putting in others' opinions really matters, especially when it comes to working with a partner or two. I would rather work with Cara even though Grant is quick, he doesn't put in and listen to others’ opinions.
Explanation: I did the assignment and these where the best answers I could find.
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