Charismatic leadership is defined by a leader who uses his or her communication skills, persuasiveness, and charm to influence others.
What is communication?The word "communication" is derived from the Latin verb communicare, which meaning "to share" or "to be in relationship with." There appears to be an apparent resolution to the uncomfortable boundaries between oneself and others, the public and private worlds, and one's inner thoughts and the outside world.
In general usage, the term "communication" refers to a wide broad variety of distinct behaviors involved in the dissemination of information, which illustrates how challenging it is to define communication consistently. According to John Peters, the challenge in defining communication stems from the fact that it is both a universal phenomena (because everyone communicates) and a particular field of institutional academic inquiry.
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Year Quantity of Food Price of Food Quantity of Energy Price of Energy Quantity of Shelter Price of Shelter
2018 800 $5 1000 $10 200 $100
2019 850 $6 1100 $12 240 $100
2020 850 $7 1200 $14 300 $100
Economists estimate that the average person in this economy consumes 12 units of food, 20 units of energy, and 2 units of shelter over the relevant period. 2018 is the base year.
1. Carefully following all numeric instructions, calculate the cost of the market basket in 2020.
2. Carefully following all numeric directions, calculate the CPI for 2019.
3. Using the CPI, this economy's inflation rate for 2018-2019 is _____________ percent.
(Enter your answer "as a percent, but without the percentage sign." If you think inflation was 99.99 percent, enter only 99.99 in the blank.)
4. Between 2018 and 2019, inflation calculated with the CPI looks [ Select ] ["the same", "higher", "lower"] than that calculated with the GDP deflator. All else equal, this means prices rose more for [ Select ] ["goods Economy Z consumes than goods Economy Z produces", "goods Economy Z exports than goods Economy Z imports", "goods Economy Z imports than goods Economy Z exports", "goods Economy Z produces than goods Economy Z consumes"] .
The total cost of the market basket in 2020 is $84 + $280 + $200 = $564.
The cost of the market basket in 2020 can be calculated by multiplying the quantity of each item by its corresponding price and summing up the total cost. In this case, we need to consider the quantities and prices of food, energy, and shelter.
For food: 12 units × $7 = $84
For energy: 20 units × $14 = $280
For shelter: 2 units × $100 = $200
Adding up these costs, the total cost of the market basket in 2020 is $84 + $280 + $200 = $564.
To calculate the Consumer Price Index (CPI) for 2019, we need to compare the average prices of the market basket in 2019 with those in the base year, 2018. We use the formula:
CPI = (Cost of the market basket in a given year / Cost of the market basket in the base year) × 100
For 2019:
Cost of the market basket = 850 × $6 + 1100 × $12 + 240 × $100 = $6,510
CPI for 2019 = ($6,510 / $4,000) × 100 = 162.75
The inflation rate for 2018-2019 can be calculated using the CPI. The formula to determine the inflation rate is:
Inflation rate = ((CPI in the current year - CPI in the previous year) / CPI in the previous year) × 100
For this case:
Inflation rate = ((162.75 - 100) / 100) × 100 = 62.75%
Between 2018 and 2019, inflation calculated with the CPI looks higher than that calculated with the GDP deflator. All else equal, this means prices rose more for goods Economy Z consumes than goods Economy Z produces.
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In 1921 Louis Terman published a book, Studies in Genius. The school children the book was based on had been chosen by their teachers as "the brightest in the class" and had then been found to have an IQ of 140 or higher. Subsequent writers have referred to this study as "what happens with kids who have IQs of 140 or more." Are the subsequent writers justified in their conclusion or not? Comments will be needed to support your answer.
The subsequent writers who referred to Louis Terman's study as "what happens with kids who have IQs of 140 or more" may not be entirely justified in their conclusion.
While Terman's study did focus on children with high IQs, it is important to note that IQ is just one measure of intelligence and may not necessarily be the sole predictor of success or achievement. Furthermore, Terman's study was conducted in the early 1900s and may not be fully applicable to modern-day society and education systems.
Additionally, it is important to consider other factors that contribute to success and achievement, such as socio-economic status, access to resources and opportunities, and personal motivation and drive. While high IQ may provide certain advantages, it does not guarantee success or achievement in all areas of life.
Therefore, it is important to take a more nuanced approach when considering the relationship between IQ and success or achievement, and to consider a variety of factors that may contribute to individual outcomes.
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What is a service economy? (1 point)
A service economy is an economy with lax governmental intervention in any service jobs, allowing
the service market to develop rapidly.
O A service economy is an economy with greater economic output in goods than in services.
A service economy is an economy with heavy governmental intervention in any service jobs, which
does not allow the service market to develop.
A service economy is an economy with greater economic output in services than in goods.
A service economy is an economy with greater economic output in services than in goods. The correct option is D.
What are the characteristics of a service economy?The tertiary sector dominates the service-based economy, there are many services available, there are few manufacturers, and most service-based economies are found in first-world nations.
A service economy is one where the provision of services, as opposed to the production of goods, is the main economic activity. Since services account for the majority of the country's economic growth, the United States essentially has a service-based economy.
Thus, the ideal selection is option D.
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The most problematic sources are those that: A. Provide the least information about their author and original source of information B. Contain information that is biased C. Contain information only from secondary sources D. Provide one outlook on the information being presented
The most problematic sources are those that provide the least information about their author and original source of information. A material or device that emits radiation, whether ionising or non-ionizing, and that needs to be licensed by the Australian Radiation.
The protection and Nuclear Safety Authority is referred to as a problematic source. Investments, operations, and financing These three streams of business cash flow can significantly impact the development and viability of your organization. The sources of company finance include retained earnings, equity, term loans, debt, letters of credit, debentures, euro issuance, working capital loans, the venture capital investments, etc.
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Answer: I believe the answer is A.
Explanation: I really hope this helps and have a fabulous day!
State the purpose of assets
Answer:
Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.
Explanation:
Hope this helps!
i need friend on brainly asaPPPPPPPPPPPPPPPPPPPPPPPPPP
plessssssssssssss i neeedd 10000000000kkkkkk
Answer: can i be your friends
Explanation:
The we love books publishing company is this a publishing company, if so then how do I get to there web site
Answer:
www.welovebooks.net
Explanation:
You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.
Mary used Delicious (d) and Golden Delicious (g) apples to make homemade applesauce. Delicious apples are $0. 75 each and Golden Delicious apples are $1. 25 each. Mary spent $21. 00 on 22 apples. How many Golden Delicious apples did Mary buy?.
The number of Golden Delicious apple bought by Mary is 9.
Algebraic expressions are the combination of terms related together by arithmetic operations like addition, subtraction, and division.
The number of Golden Delicious apples are computed as follows:Given:
Price of Delicious Apples = $ 0.75
Price of Golden Delicious Apples = $ 1.25
Total Number of Apples = 22
Total Price of Apples = $ 21.00
How can we write the Algebraic Equation for the given data?In the equation, x is for Delicious apples and y is for Golden delicious apples.
\(\begin {aligned}21 &= 0.75 x + 1.25 y .....(1)\\22 &= x + y .....(2)\\\\\end{aligned}\)
\(\begin {aligned}\rm Putting\; the \;value\; of\; y\; in\; Equation\;(1):\\21 &= 0.75 x + 1.25 (22 - x)\\21 &= 0.75 x + 27.5 - 1.25 x\\-6.5 &= -0.5 x\\x &= 13\\\\\end{aligned}\)
\(\begin {aligned}\rm Putting\; the \;value\; of\; x\; in\; Equation\;(2):\\y &=22 - x \\y &= 22 -13\\y&= 9\end{aligned}\)
Thus, Mary bought 9 Golden Apples and 13 Delicious Apples.
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How does the work done by agriculture communications professionals compare to and differ from that of other marketing workers?
Answer:
Agriculture communications professionals need to have the same basic background on marketing, covering areas such as market research, product research, and market communication.
However, they will also need to have an agriculture-related background, because they need to understand the dynamics of the agriculture business, from farm issues, to the kind of crops or produce that they can buy or sell in a specific area, to even agricultural policy.
Colin listed his assets and liabilities on a personal balance sheet.
Colin’s Balance Sheet (August 2013)
Assets
Liabilities
cash
$1,500
credit card
$500
stocks
$800
rent
$800
car
$5,000
car loan
$1,200
coin collection
$1,200
student loan
$5,000
Total
Total
Which statement is true about the total assets and the total liabilities?
The total of the assets and the liabilities are the same.
The total of the assets is greater than the total of the liabilities.
The total of the assets is less than the total of the liabilities.
The total of the assets cannot be compared to the total of the liabilities.
Answer:
B
Explanation:
what is the difference between a periodic inventory system and a perpetual inventory system?
A periodic physical count is used by the periodic inventory system to monitor inventory levels and selling prices. The everlasting system tracks inventory levels continually and updates them whenever a product is delivered or sold.
What is periodic inventory?Contrasted with perpetual inventory systems, which are updated when necessary, this system does not. When using a periodic inventory system, neither inventory nor cost of goods sold records are attempted to be kept up to date. Examples of periodic systems include recording initial inventory as credits and including all purchases made during the time. Companies undertake a physical count at the end and reconcile their accounts using this information rather than recording their unique sales during the period to debit.
The perpetual inventory system conducts a periodic health count to estimate inventory levels and selling prices.The perpetual software automatically maintains the inventory counts each time a particular item is acquired or sold, preserving a complete record of every stock that is available.
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A door-to-door salesperson knocks on Mary's door and convinces her to purchase the Wonder Vacuum for $500. Soon after the salesperson leaves, Mary begins to have second thoughts about the transaction. Which statement about the situation is correct
According to the segment, when is career testing most effective?.
According to the segment career testing is most effective when it is When it is guided by a trained career counselor.
What is career testing?
These are assessments that are done to determine the skills that a person has for future jobs.
Career testing is very important for determining the core skills of a person and their soft skills. A counselor is very effective in helping out here:
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Château Beaune is a family-owned winery located in the Burgundy region of France, headed by Gerard Despinoy. The harvesting season in early fall is the busiest time of the year for the winery, and many part-time workers are hired to help pick and process grapes. Despinoy is investigating the purchase of a harvesting machine that would significantly reduce the amount of labour required in the picking process. The harvesting machine is built to straddle grapevines, which are laid out in low-lying rows. Two workers are carried on the machine just above ground level, one on each side of the vine. As the machine slowly crawls through the vineyard, the workers cut bunches of grapes from the vines, and the grapes fall into a hopper. The machine separates the grapes from the stems and other woody debris. The debris is then pulverized and spread behind the machine as a rich ground mulch. Despinoy has gathered the following information relating to the decision of whether to purchase the machine (the French currency is the euro, denoted by €):
a.
The winery would save €190,000 per year in labour costs with the new harvesting machine. In addition, the company would no longer have to purchase and spread ground mulch—at an annual savings of €10,000.
b.
The harvesting machine would cost €480,000. It would have an estimated 12-year useful life and zero salvage value. The winery uses straight-line depreciation.
c.
Annual out-of-pocket costs associated with the harvesting machine would be insurance, €1,000; fuel, €9,000; and a maintenance contract, €12,000. In addition, two operators would be hired and trained for the machine, and they would be paid a total of €70,000 per year, including all benefits.
d. Despinoy feels that the investment in the harvesting machine should earn at least a 16% rate of return.
, Gerard Despinoy should not purchase the harvesting machine. Since the accounting rate of return is less than the required rate of return, the machine is not earning enough for the investment. So, it is not feasible to purchase the harvesting machine.
IntroductionIn the given case study, the owner of the Château Beaune winery, Gerard Despinoy is considering the purchase of a harvesting machine that would considerably decrease the number of labours required in the picking process.
The winery is family-owned, and it is located in the Burgundy region of France. Harvesting is the most hectic time of the year for the winery, and many part-time workers are hired to help pick and process grapes. Now, the main challenge for Despinoy is to make a decision of whether to purchase the machine or not.
This solution below will provide a decision on whether to purchase the machine or not by considering the financials related to the purchase of the machine.
Main body
The total costs related to the harvesting machine and its operations will be;Cost of the harvesting machine €480,000
Depreciation cost per year = Total cost/Useful life= 480000/12= €40,000Annual insurance cost €1,000Annual fuel cost €9,000
Annual maintenance cost €12,000Annual operator’s cost €70,000Total cost per year = Depreciation cost per year + Annual insurance cost+Annual fuel cost +Annual maintenance cost +Annual operator’s cost= €40,000+€1,000+€9,000+€12,000+€70,000= €132,000
The total savings per year will be;Labour costs savings €190,000Ground mulch savings €10,000Total savings per year = Labour costs savings + Ground mulch savings= €190,000 + €10,000= €200,000
Now, the total cash inflow per year will be;
Total savings per year €200,000-Total costs per year (€132,000)Net cash inflow per year €68,000The initial investment of €480,000 is expected to generate a net cash inflow of €68,000 per year for the next 12 years. The accounting rate of return will be;
ARR = Average net operating income/Average investment= Total net cash inflows/Initial investment= 68000/480000= 0.1417 or 14.17%
ConclusionThe accounting rate of return (ARR) of 14.17% is less than the required rate of return (RRR) of 16%. Thus, Gerard Despinoy should not purchase the harvesting machine. Since the accounting rate of return is less than the required rate of return, the machine is not earning enough for the investment. So, it is not feasible to purchase the harvesting machine.
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THIS IS FOR ECONOMICS (please help)
Michelle promised her niece that she would take her to the movies Friday night after work. At lunch the boss informs Michelle that she needs to stay late and complete and post reports that evening. What are the opportunity costs and trade-offs of Michelle using that evening to complete that report for her boss? What ultimately is the deciding factor?
Opportunity costs, one of the most crucial ideas in economics, are produced through trade-offs. Your opportunity cost is the choice you do not make when you make a trade-off.
What is the cost of that decision's recognized trade-off?Every time they spend their resources in one manner and not another, they are forced to make trade-offs. The expense of making a trade-off is known as the opportunity cost.
What does it mean to consider opportunity costs and decision-making trade-offs?The trade-off is a term used to characterize the courses of action given up in order to undertake the chosen course of action. On the other side, the opportunity cost is the price associated with selecting a particular course of action.
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who is the supervisory body for the federal reserve system?
Answer:
The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Explanation:
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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In LMX theory, what ultimately determines whether the follower becomes a member of an in-group or an out-group?
Answer:
d. the leader's perception of the follower
Explanation:
LMX theory stands for leader-member exchange theory and is an approach to leadership that focuses on the two-way relationship that exists between the leaders and followers of a group. Therefore the whether the follower becomes a member of an in-group or an out-group depends on the leader's perception of the follower. Mainly because the leader makes this decision and bases it around what they ultimately think about the follower.
Three entrepreneurs were looking to start a new brewpub near sacramento, california, called roseville brewing company (rbc). brewpubs provide two products to customers—food from the restaurant segment and freshly brewed beer from the beer production segment. both segments are typically in the same building, which allows customers to see the beer-brewing process.
Answer:
A lot of information is missing as well as the requirements, so I looked for similar questions.
The requirements are:
a. What is the break-even point in sales dollars for RBC?
b. What is the margin of safety for RBC?
c. What sales dollars would be required to achieve an operating profit of $250.000? $490.000?
a) break even point = total fixed costs / contribution margin
total fixed costs = $1,125,430contribution margin = $1,427,642 / $1,953,000 = 73%break even point = $1,124,430 / 73% = $1,540,315
b) margin of safety = current sales - break even point = $1,953,000 - $1,540,315 = $412,685
c) operating profit = $250,000 ⇒ ($1,125,430 + $250,000) / 73% = $1,884,150.69
operating profit = $490,000 ⇒ ($1,125,430 + $490,000) / 73% = $2,212,917.81
For Tesla, the Model S represents a
(BCG) market growth/market share matrix.
on the Boston Consulting Group
The answer is "star" and its further explanation can be defined as follows:
The Tesla Model S is pleasant during the day, but fitness and finish are something to want. When heading for just a quick ring all-around city or heading off to the other side, Model S 2020 is full of space and luxury. It is a quality rating of 7 out of 10.The Tesla Model S is the top U.S. car with an overall score of 70 in the ultra-luxury car category. The top-range model S is 373 miles long and has one of today's largest ranges. For Tesla, Model S is a star in the growth/market share matrix of the Boston Consulting Group. The hunting for a high-quality premium car, Tesla Model S.Its overall design is maybe 10-years old, but the type S still sets a baseline for all EVs, and it has an unmatched driving range. The Model S is rather costly at $80,000 on the other hand.That's why the correct answer is "star".
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HELP ME PLEASE!!!!!!!!!!
Rosa is a full-time homemaker not currently searching for other work. Andy is a full-time student who is not looking for a job. Who is included in the labor force by the Bureau of Labor Statistics?
a.only Rosa
b.only Andy
c.both Rosa and Andy
d.neither Rosa nor Andy
Bonds are
a.both a store of value and a medium of exchange.
b.a store of value, but not a medium of exchange.
c.a medium of exchange, but not a store of value.
d.neither a store of value nor a medium of exchange.
Consider the expressions T - G and Y - C - G. Which of the following statements is correct?
a.Each one of these is equal to national saving.
b.The first of these is public saving; the second one is national saving.
c.The first of these is private saving; the second one is public saving.
d.The first of these is public saving; the second one is private saving.
According to 2017 Belgium Labor data information: Adult Population in 2017= 4500, Number of employed in 2017= 2800, and Number of Unemployed in 2017= 700. The labor-force participation rate of Belgium in 2017 was
a.62.22%.
b.54.28%.
c.15.55%.
d.77.78%.
According to Japan Labor data information: Adult Population in 2016= 3500, Number of employed in 2016= 1800, and Number of Unemployed in 2016= 600. The unemployment rate of Japan in 2016 was
a.11.42%.
b.25.00%.
c.54.28%.
d.17.39%.
You buy laptop from Apple pay cost of laptop with currency. Which function of money does this best illustrate?
a.medium of exchange
b.unit of account
c.store of value
d.liquidity
Sam is a broker. He has had several job offers, but he has turned them down because he thinks he can find a firm that better matches his tastes and skills. Adam has looked for work as an accountant for some time. While the demand for accountants doesn’t appear to be falling, there seems to be more people applying than jobs available.
a.Sam and Adam are both frictionally unemployed.
b.Sam and Adam are both structurally unemployed.
c.Sam is frictionally unemployed, and Adam is structurally unemployed.
d.Sam is structurally unemployed, and Adam is frictionally unemployed.
Compared to stocks, bonds offer the holder
a.lower risk and lower potential return.
b.lower risk and higher potential return.
c.higher risk and lower potential return.
d.higher risk and higher potential return.
1. The person included in the labor force by the Bureau of Labor Statistics is d. neither Rosa nor Andy.
The two persons are not regarded as unemployed because they are not seeking or ready for jobs.
2. Bonds are A. both a store of value and ...
Especially treasury bonds, they retain their values as stores of value and can be exchanged for cash and other assets. Thus, bonds are both a store of value and a medium of exchange between persons.
3. The correct statement about the expressions T - G and Y - C - G is b. The first of these is public saving; the second one is national saving.
Public saving is the difference between Taxation income (T) and Government Spending (G), while national saving is the difference between national income (Y) and Private Consumption (C), and Government Spending.
4. The labor-force participation rate of Belgium in 2017 based on its 2017 Labor data was a. 62.22% (2,800/4,500 x 100).
5. The unemployment rate of Japan in 2016 based on its 2016 Labor data was d. 17.14% (600/3,500 x 100).
6. The function of money that this transaction with Apple BEST illustrates is a. medium of exchange.
7. The best description of Sam and Adam is c. Sam is frictionally unemployed, and Adam is structurally unemployed.
Sam's unemployment is voluntary unlike Adam's.
8. When stocks are compared to bonds, bonds generally offer the bondholder a. lower risk and lower potential return.
Thus, the difference between bonds and stocks lies in the risk and return profiles of both investments. Stocks bear higher risks and returns than bonds.
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Barry's Party Warehouse provides wholesale party equipment and materials to Party Shops. Barry's Party sold 46 bounce houses at $29,000 each. The bounce houses carry a 4-year warranty for defects. Barry's estimates that repair costs will average 2% of the total selling price. The estimated warranty liability at the beginning of the year was $25,000. Claims of $23,000 were actually incurred during the year to honor warranties Required: What was the balance in the Estimated Warranty Liability account at the end of the year?
To determine the balance in the Estimated Warranty Liability account at the end of the year, we need to take into account the estimated warranty liability at the beginning of the year, claims incurred during the year to honor warranties, and the estimated repair costs for defects.
Firstly, Barry's Party Warehouse sold 46 bounce houses at $29,000 each, resulting in a total revenue of $1,334,000. Since the bounce houses carry a 4-year warranty for defects, the estimated repair costs would be 2% of the total selling price, which is $26,680.
Secondly, the estimated warranty liability at the beginning of the year was $25,000. Claims of $23,000 were actually incurred during the year to honor warranties. Therefore, the balance in the Estimated Warranty Liability account at the end of the year can be calculated as follows:
Estimated Warranty Liability at the end of the year = Estimated Warranty Liability at the beginning of the year + Claims incurred during the year - Estimated repair costs
Estimated Warranty Liability at the end of the year = $25,000 + $23,000 - $26,680
Estimated Warranty Liability at the end of the year = $21,320
Therefore, the balance in the Estimated Warranty Liability account at the end of the year is $21,320. This amount represents the estimated amount that Barry's Party Warehouse would need to pay out in future warranty claims. It is important for businesses to accurately estimate their warranty liabilities in order to ensure that they have sufficient funds to cover potential claims and avoid financial strain.
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1. Consider the production function Q = (0.5K1/3 + 0.5L1/3)3 . Suppose the firms want to minimize the cost of producing 8 units of output. It pays a wage rate W of $40 and capital cost R of $10. How many units of labor and capital should the firm use?
Answer:
The answer is "k= 16 units and L=0 units"
Explanation:
Given:
\(Q = (0.5K^{\frac{1}{3}} + 0.5L^{\frac{1}{3}})^3\)
Since K and L are ideal replacements, their company should select its cheapest of two for production. Its business chooses only money.
\(\to Q(K,L)=(0.5 K^{\frac{1}{3}})^3 \\\\\to 8= 0.5K^{(\frac{1}{3})}^3\\\\\to 2= 0.125 \ K \\\\\to K=16\)
\(K=16 \ units \\\\ L=0 \ units\)
how should per capita real gross domestic product (gdp) be used? it is an accurate measure of economic well-being. it is a reasonably good measure of productive activity. per capita real gross domestic product (gdp) is a good gauge of a nation's quality of life because it takes into account a nation's cultural and spiritual values. all of these
Per capita real gross domestic product (GDP) is a reasonably good measure of productive activity. Option B is correct.
Per capita real GDP is calculated by dividing the total real GDP of a country by its population, which gives an estimate of the average economic output per person in that country. It is a commonly used measure to compare the economic performance of different countries and to track changes in economic activity over time.
While per capita real GDP can provide valuable information about a country's economic performance, it has limitations as a measure of overall well-being or quality of life. For example, it does not take into account factors such as income inequality, distribution of wealth, access to healthcare and education, environmental sustainability, and social and cultural factors that can also impact a nation's overall well-being.
Therefore, while per capita real GDP can be a useful measure of economic activity, it should be used in conjunction with other indicators to provide a more comprehensive picture of a country's overall well-being and quality of life. Option B is correct.
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What is operations management and its role?
In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.
At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.
- INTELLIGENT answerer
Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:
a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?
The following would happen
Aggregate income would increase for households. They would have a rise in output. taxes on households are decreasedWhen the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
taxes paid by firms are decreasedThe cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
the value of the national currency, the snezhankan lev, declines in the international currency market?If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
a revolutionary new machine, the apparat, increases worker productivityAn increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
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Assume that we estimated the following model by OLS: y=β 1
+βx+0 The sample size of the data is n=62. We calculated that the standard errors for β i
and β i
are se (β 1
)=1 and se( (β 1
)=2. Also, the estimates for β 1
and β 2
are β 1
=3 and β 1
=5. We want to test: H 0
:β 1
=4.5
H 1
=β 1
=4.5.
for a=0.05 significance level. What is the (approximate) p-value of the test? [We denote the estimates by bold font] a. 0.05 b. 0.07 c. 0.03 d. 0
0.09
From the sample size of data the following can be analysed:
n = 62
The standard errors for β1 and β2 are se(β1) = 1 and se(β2) = 2.
The estimates for β1 and β2 are β1 = 3 and β2 = 5.
The hypothesis to be tested is
H0: β1 = 4.5
H1: β1 ≠ 4.5
Using the formula of t-test,
t = (β1 - β1') / SE(β1) = (3 - 4.5) / 1 = -1.5
The p-value of the test is the probability of getting a t-statistic as extreme as -1.5 or more in absolute value, assuming the null hypothesis is true.Using a t-distribution table or calculator, we can find the p-value associated with a t-statistic of -1.5 with 60 degrees of freedom is approximately 0.14.
Therefore, the (approximate) p-value of the test is 0.14.
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How much is a standard tip?
•10-15 percent
•15-20 percent
•20-25 percent
•25-30 percent
Today, Cedar Park Company paid $600 of its accounts payable in cash. What is the effect on the accounting equation? Assets, $600 increase; liabilities, no effect; equity, $600 increase. Assets, $600 decrease; liabilities, $600 decrease; equity, no effect. Assets, $600 decrease; liabilities, $400 increase; equity, $200 decrease Assets, no effect; liabilities, $600 decrease; equity, $400 increase
The effect on the accounting equation Option D. Assets, no effect; liabilities, $600 decrease; equity, $400 increase.
Liabilities: Accounts payable is a liability account that represents the company's obligations to pay its suppliers. When Cedar Park Company pays $600 of its accounts payable, it reduces the amount owed to suppliers. Therefore, liabilities decrease by $600.
Equity: In this case, when Cedar Park Company pays its accounts payable, it demonstrates a reduction in liabilities, which contributes to an increase in equity. The company's owners' claim on the assets increases by the amount of the reduction in liabilities. In this case, since the liabilities decreased by $600, equity increased by the same amount.
Assets: Cash, which is an asset, is used to make the payment. However, the payment of accounts payable does not affect the total amount of assets owned by the company. The cash is simply used to settle the liability, resulting in no net change in assets.
Therefore, the effect on the accounting equation is Assets, no effect; liabilities, $600 decrease; equity, $400 increase. This means that the total assets, liabilities, and equity remain balanced before and after the payment, ensuring the accounting equation (Assets = Liabilities + Equity) is still in equilibrium. Therefore, the correct option is D.
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Today, Cedar Park Company paid $600 of its accounts payable in cash. What is the effect on the accounting equation?
A. Assets, $600 increase; liabilities, no effect; equity, $600 increase.
B. Assets, $600 decrease; liabilities, $600 decrease; equity, no effect.
C. Assets, $600 decrease; liabilities, $400 increase; equity, $200 decrease
D. Assets, no effect; liabilities, $600 decrease; equity, $400 increase
E. There is no effect.
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what is the difference between internal and external growth? Please explain?