Herbert Hoover was the 31st President of the United States of America. During his term as President, he introduced a number of programs that were intended to resolve the economic issues that had occurred in America.
Hoover believed that the government should not be involved in the economy, even during times of economic crisis. His approach to the depression was largely hands-off, allowing the economy to correct itself. He hoped that the economy would be able to recover quickly without government intervention.However, Hoover also believed in voluntary actions and cooperation between government, business, and individuals to address economic issues. He called for businesses to keep wages at current levels and asked for charitable donations to aid those affected by the depression. Hoover also signed the Smoot-Hawley Tariff Act, which increased taxes on imported goods, leading to a decline in international trade
In conclusion, Herbert Hoover's solution to the economic issues in America was to adopt a hands-off approach to the economy, as he believed the economy would recover itself. Nevertheless, he called for voluntary action and cooperation between government, business, and individuals to address economic issues.
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Describe three features of Agriculture before the Agricultural Revolution.
The three features of Agriculture before the Agricultural Revolution are "Nomadic lifestyle, Small-scale farming, and Limited technology".
The agricultural revolution was the agriculture small-scale practices and subsistence-based activity that played a secondary role to hunting and gathering.
The three features of Agriculture before the Agricultural Revolution are Nomadic lifestyle, Small-scale farming, and Limited technology.
The Nomadic lifestyle referred to practice in agriculture in which humans were predominantly nomadic and relied on hunting and gathering for sustenance. They moved from place to place in search of food.
The Small-scale farming referred to clearing small plots of land and planting crops.
The Limited technology referred to used primitive tools, such as stone axes and digging sticks, to clear land and plant crops.
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Which example describes sharing risk?
A) getting car insurance
B) deciding not to buy a car
C) only driving during the day
D) driving a car at high speeds
Answer:
D
Explanation:
is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.
round 312,5 up to rand
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand
The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.
Answer:
Were the only coffeehouse to offer premium coffee during extended hours.
Explanation:
Starbucks has a significant share in global markets, it has developed it in not so long time.
Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.
the final stage in the agency-client relationship is the maintenance stage. (True or False)
The statement " The final stage in the agency-client relationship is the maintenance stage" is false because the final stage in the agency-client relationship is the termination stage, not the maintenance stage.
During the termination stage, the agency-client relationship is coming to an end, whether by mutual agreement or other reasons. At this stage, the agency and the client will take steps to ensure a smooth transition and to tie up any loose ends.
The agency may provide a final report or recommendations, and the client may provide feedback on the agency's performance. The maintenance stage, on the other hand, occurs earlier in the relationship and involves ongoing communication and collaboration between the agency and the client.
During this stage, the agency works to maintain the client's satisfaction and trust by delivering high-quality work, meeting deadlines, and addressing any concerns or issues that arise.
Overall, the agency-client relationship typically involves several stages, including the initiation, planning, execution, monitoring, and controlling stages, before reaching the termination stage. Each stage requires different skills and strategies to ensure a successful outcome.
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In june 2017 the BLS reported an adult population of 234.9 million, a labor force of 154 million and employment of 141.6 million. Based on these numbers, the unemployment rate was..
In June 2017, the unemployment rate was 8.05 percent (rounded to the nearest hundredth).
Adult population = 234.9 million
Labor force = 154 million
Employment = 141.6 million
To calculate unemployment rate, we will use the formula:
Unemployment rate = (Unemployed/Labor force) × 100
To find the number of unemployed people, we need to subtract the number of employed people from the labor force. That is, Unemployed = Labor force - Employment= 154 million - 141.6 million= 12.4 million
Now we can calculate the unemployment rate:
Unemployment rate = (Unemployed/Labor force) × 100= (12.4/154) × 100= 0.0805 × 100= 8.05 percent (rounded to the nearest hundredth)
Therefore, the unemployment rate in June 2017 was 8.05 percent.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
A reduction in the interest rate would be likely to lead to which 2 of the following?
A. growth in the size of the economy
B. a fall in the rate of inflation.
C. a fall in the rate of unemployment
D. a rise in the value of the pound
please give me two letters
Answer:
A
Explanation:
Suppose that Symantec is a small firm that has developed anti-virus computer software. Symantec currently earns $3 million per year in profits from selling its software. Dell informs Symantec that it is considering installing the software on every new computer it sells. Dell currently earns profits of $30 million but expects to sell more computers at a higher price if it can install Symantec software. Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either accepting or rejecting the offer. The strategies and corresponding profits (in millions) for Dell (D) and Symantec (S) are depicted in the decision tree to the right. What is the Nash equilibrium of the game
Answer:
Dell will offer Symantec $20 per copy of the software in which Symantec will accept the offer
Explanation:
Based on the information given NASH EQUILIBRIUM of the game between Dell and Symantec is that Dell strategy is to achieved the desired result he wanted by offering Symantec $20 per copy of the software instead of $30 per copy of the software in which Symantec will accept the offer because Dell want to sell more of their computers at high price when they install Symantec's software.
Grand Energy Corporation (GE) plans to issue bonds to raise $190 million. GE's investment banker will charge 5 percent of the total amount issued to help raise the funds. The market value of each bond at issue time will be $1,000. How many bonds must GE sell to net $190 million after flotation costs? Assume that fractions of bonds cannot be issued. Round your answer to the nearest whole number.
The number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.
Number of bondsFirst step is to calculate the amount issue
Net proceeds = Amount of issue x (1 - Flotation costs)
$190,000,000 = Amount of issue x (1 - 0.05)
Amount of issue = $190,000,000/0.95
Amount of issue= $200,000,000
Second step is to calculate number of bonds
Number of bonds = $200,000,000/$1,000
Number of bonds= 200,000 bonds
Inconclusion the number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.
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What is Jack doing to ensure savings for a new car?
Answer:
Could you add more context?
Explanation:
Answer:
He could be putting the money into the bank.
Explanation:
What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:
Answer:
line graphs
Explanation:
line graphs aid in making PREDICTIONS about the outcomes of data that has not yet been recorded
even if data isn't perfect, a line graph can show a general pattern
Line graphs are used to track changes across time, both short and long.
When there are fewer changes, line graphs are preferable over bar graphs.
Line graphs can also be used to compare changes for multiple groups over the same time period.
Line graphs are valuable because they clearly display data variables and patterns
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what are the sources of income of the government? where do these taxes go?
Answer:
The taxes go in the national income of country
Which of the following do you not need to take into account when you retire?
Responses:
-Your monthly expenses
-The cost of living in your city and state
-How much money you have saved in your retirement fund
-Whether your money comes from active or passive income
The thing that does not need to take into account when you retire is Whether your money comes from active or passive income. Thus the correct6 option is D.
What is Retirement?Retirement refers to the duration of an individual's life when he stops working with the purpose of earning money. This retirement is considered a voluntary choice due to health issues or crossing the official age of working which varies from industry to industry.
The major goal of retirement planning is to become financially independent after retirement, which enables a person to live stress-free without worrying about necessities.
Their major objective is to make sure that clients have enough cash to live happily in retirement by taking into account monthly costs and the amount of money you have saved up in a retirement account.
Therefore, option D is appropriate.
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imagine braintly not allowing you to talk to a helping hand. yall doing too much that's why they think they the Kardashianios
Answer:
That's just how they are lol
Answer:
FOREALLL
Explanation:
Consider the market for smoked whitefish in Ball Club, MN. Demand is given by the equation P=200−Q and Supply by P=2∗Q. What is the market equilibrium Price and Quantity? Please depict this situation graphically, showing Consumer and Producer Surplus. What are Consumer Surplus, Producer Surplus and Total Surplus in dollars? B. Now, suppose a project to build a paper mill upwind of Ball Club lake is proposed, and it is estimated that demand for whitefish will decrease to P=100−Q. What is the new equilibrium? What are CS,PS, and TS? Please show the new situation on a new graph. How will the project impact consumers? People who sell fish?
To find the market equilibrium price and quantity, we need to equate the demand and supply equations:
Demand: P = 200 - Q
Supply: P = 2Q
Setting the demand equal to the supply:
200 - Q = 2Q
Bringing all terms to one side: 3Q = 200
Solving for Q: Q = 200/3 ≈ 66.67
Substituting the value of Q back into either the demand or supply equation to find the equilibrium price:
P = 200 - Q
P = 200 - 66.67
P ≈ 133.33
So, the market equilibrium price is approximately $133.33 and the quantity is approximately 66.67. To depict this situation graphically, we plot the demand and supply curves on a graph with price (P) on the y-axis and quantity (Q) on the x-axis. The demand curve is downward-sloping, while the supply curve is upward-sloping. The point where the two curves intersect represents the market equilibrium.
Consumer Surplus (CS) is the area below the demand curve and above the equilibrium price, while Producer Surplus (PS) is the area above the supply curve and below the equilibrium price. Total Surplus (TS) is the sum of consumer and producer surplus.
To calculate the dollar values of CS, PS, and TS, we need specific information on the units of measurement for price and quantity. Moving on to the second scenario, where the demand decreases to P = 100 - Q, we repeat the steps above to find the new equilibrium price and quantity.
New demand: P = 100 - Q
Supply: P = 2Q
Setting the new demand equal to the supply: 100 - Q = 2Q
Bringing all terms to one side: 3Q = 100
Solving for Q: Q = 100/3 ≈ 33.33
Substituting Q back into the demand or supply equation to find the equilibrium price:
P = 100 - Q
P = 100 - 33.33
P ≈ 66.67
So, the new equilibrium price is approximately $66.67, and the quantity is approximately 33.33.
To show the new situation on a graph, we plot the new demand curve (P = 100 - Q) alongside the original supply curve. The intersection of the new demand and supply curves represents the new equilibrium.
The impact of the proposed paper mill project on consumers and sellers depends on the specific changes in quantity and price. In this case, the decrease in demand results in a lower equilibrium price and quantity. Consumers benefit from lower prices, leading to an increase in consumer surplus. Sellers, on the other hand, experience a decrease in producer surplus due to reduced sales at a lower price.
To calculate the specific values of CS, PS, and TS in dollars, we would need the measurement units for price and quantity.
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Compare and contrast the philosophical positions and practices of Samkhya, varieties of yoga, and Advaita Vedanta. What do you know about yoga
Samkhya, varieties of yoga (such as Raja Yoga, Karma Yoga, Bhakti Yoga, etc.), and Advaita Vedanta are all philosophical systems within Hinduism that offer different perspectives and practices for spiritual development and self-realization.
Samkhya is a dualistic school of thought that emphasizes the distinction between the eternal, unchanging purusha (consciousness) and the ever-changing prakriti (matter). It aims to liberate the purusha from its identification with the material world through discriminative knowledge.
Varieties of yoga, on the other hand, focus on different paths to attain spiritual realization and union with the divine. Raja Yoga, also known as Ashtanga Yoga, emphasizes meditation and the eightfold path outlined by Patanjali, which includes moral precepts, physical postures (asanas), breath control (pranayama), and meditation. Karma Yoga emphasizes selfless action and service to others, Bhakti Yoga emphasizes devotion and love towards a personal deity, and there are other paths such as Jnana Yoga (path of knowledge) and Hatha Yoga (path of physical postures and breath control).
Advaita Vedanta, founded by Adi Shankara, is a non-dualistic philosophy that teaches the ultimate identity of the individual soul (Atman) with the supreme reality (Brahman). It emphasizes the realization of this oneness through self-inquiry, study of scriptures, and contemplation.
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Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answer:
franchising marketing
suppose that a political raises $1 billion in tax revenue. assume that the size of the winning coalition is 250,000 and the size of the selectorate is 50 million. if the leader were to spend all of the tax revenue on providing private goods, what would the maximum value of the private goods be for each member of the winning coalition if we assume that they all receive the same amount?
If a political leader raises $1 billion in tax revenue and spends it all on providing private goods to the winning coalition, the maximum value of the private goods for each member of the winning coalition can be calculated by dividing the total tax revenue by the size of the winning coalition.
In this scenario, the total tax revenue raised is $1 billion, and the size of the winning coalition is 250,000. To determine the maximum value of the private goods for each member of the winning coalition, we divide the total tax revenue by the size of the winning coalition: $1,000,000,000 / 250,000 = $4,000. Therefore, if the tax revenue is evenly distributed among the members of the winning coalition, the maximum value of the private goods each member could receive would be $4,000.
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is coke and pepsi a duopoly
Answer:
Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.
Explanation:
cassie, her company's public relations spokesperson, schedules a meeting with company stockholders to inform them of an upcoming dividend release. what type of managerial role is cassie demonstrating? multiple choice question. decisional interpersonal inspirational informational
The type of managerial role that Cassie is demonstrating is informational because its main function, as the public relations spokesperson of her company, is to inform important news to all employees, directors, and shareholders.
Types of managerial rolesInformational that can carry out functions of monitoring important information that can be used by the company, dissemination of information within the organization, and spokesperson when disseminating information publicly outside the organization.Decision role includes negotiators, entrepreneurs, conflict managers, and resource managersInterpersonal that includes the representatives, leaders, and liaison staff of the organization.Learn more about the informational role here:
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Explain one advantage of adopting a centralised structure
Answer:
Centralized organizations are typically more efficient as far as assuring that a business decision made at the top is passed down through the organization. The CEO or other high-level company official passes a decision or policy to the next level down and this information is passed on down level by level.
Explanation:
Some advantages of central purchasing include reducing redundant work, lowering costs associated with training and supporting additional staff, and better control. Some disadvantages of central purchasing include increased complexity, delayed deliveries, and forgone local discounts.Advantages of a centralised management structure include: consistency across the business. the business has a clear direction. operations and decisions are closely controlled and managed.List some of your personal life values. how might these values connect to your finances?
A few values our financial experts say fall into the category of personal life values include security, freedom, flexibility or spontaneity, giving to others, and living simply.
Personal Values are "wide desired goals that inspire people's behaviors and serve as guiding principles in their lives". Donating to charity or spending time with family are examples of personal values. Everyone has values, but each individual has a unique set of values.
Honesty/integrity, social standing, power, success, and security are examples of values. Values influence professional choices, time management, and financial management. A value is an internal force that firmly guides a person's life.
The most essential values for most Americans are a happy relationship, an honest and respectable life, and safety and security. Understanding your own values is an essential component of developing self-awareness and being acquainted with oneself as a human being.
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beginning inventory is $60,000. purchases of inventory during the year are $100,000. cost of goods sold is $120,000. what is ending inventory?
Answer:
Beginning inventory is $60,000. Purchases of inventory during the year are $100,000. Cost of goods sold is $120,000. What is ending inventory? $40,000
Explanation:
Groups established by managers to attain organizational goals are called:
Groups that have been formed by managers with the aim of achieving organizational goals are known as formal groups.
These groups are formed to accomplish a specific objective and are formalized in order to help the organization meet its goals by establishing order, accountability, and responsibility. Formal groups are commonly created by managers to accomplish a particular task or set of objectives. These groups may exist for a long or short period of time, depending on the goal they were formed to achieve.
They have predetermined procedures, functions, and objectives, and they are accountable for their actions. The formation of formal groups is critical since it helps an organization establish specific responsibilities and tasks that need to be completed in order to achieve the desired results.
Furthermore, formal groups aid in the creation of a sense of discipline and order in the organization, which is critical for ensuring that the company operates efficiently. Managers must consider the aims and objectives of their organizations when forming formal groups.
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To buy a product, customers in a market must first
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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Within our forecasting model we do not make "forecasting assumptions", but rather we make "forecasting parameter choices." Briefly, but concisely, describe the difference between "forecasting assumptions" and "forecasting parameter choices."
The difference between "forecasting assumptions" and "forecasting parameter choices" lies in the level of control and certainty that we have over these two aspects of the forecasting model.
Forecasting assumptions are beliefs or ideas that we have about the future that cannot be proven or disproven until the future actually happens. These assumptions are typically based on past experiences, current trends, and expert opinions, and are used to make predictions about what will happen in the future. For example, a company might assume that demand for its products will increase in the future based on past sales trends and current market conditions. On the other hand, forecasting parameter choices are decisions that we make about how to set up and run the forecasting model.
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Many economists believe that the aggregate consumption is determined by current income and its past values, such as in the following distributed lag model (DLM): Ct = a + Boxt + B₁Xt−1 + B₂Xt−2+ B3Xt-3 + Ut (1) This consumption equation can be converted to an autoregressive equation of the form: Ct = So + Boxt + λСt-₁ + ut (2) Using the estimated version of (2) C = 25.22 +0.55X +0.45Ct-1 and Koyck distributed lag definitions of the individual coefficients, convert the coefficient estimates into the format in (1).
Given that we have to convert the coefficient estimates of the estimated version of (2)
C = 25.22 +0.55X +0.45Ct-1
and Koy c k distributed lag definitions of the individual coefficients into the format in (1).The Koyc k distributed lag function is given as,
Ct = a + Box t + B₁Xt−1 + B₂Xt−2+ B3Xt-3 + Ut .
The general form of Koyck distributed lag model can be written as follows:
$$C_ t = a + \sum_{i=0}^{n}B_ iX _{t-i}+U_ t$$
Where C_ t is consumption, X_t is disposable income at time t and U_t is the error term. In this context, Koyck distributed lag model can be written as,
$$C_t = a + B_0X_t + B_1X_{t-1} + B_2X_{t-2} + B_3X_{t-3} + U_t$$
Comparing this to (2), we can say that $So=a$ and $\lambda =0.45$.
Thus, the equation in the required format (1) can be written as,
$$C_t = So + B_0X_t + B_1X_{t-1} + B_2X_{t-2} + B_3X_{t-3} + U_t
$$$$C_t = 25.22 + 0.55X_t +0.45C_{t-1}$$
Therefore, the conversion of the coefficient estimates of (2) into the format of (1) is as follows,
$$So=25.22$$$$
B_0=0.55$$$$
B_1=0.45$$$$
B_2=0$$$$
B_3=0$$
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