why is owning a residence is often less expensive than renting a comparable property in the long term.
Answers
Owning a residence is often less expensive than renting a comparable property in the long term due to several reasons:
Mortgage payments: When you own a home, your monthly mortgage payments contribute towards building equity and eventually owning the property outright. In contrast, rental payments solely provide housing without any ownership benefits.
Property value appreciation: Real estate generally appreciates in value over time. As a homeowner, you benefit from the potential increase in your property's value, which can result in a significant return on investment when you decide to sell in the future. Renters do not participate in this appreciation.
Tax benefits: Homeownership offers certain tax advantages, such as deducting mortgage interest and property taxes from your taxable income. These deductions can reduce your overall tax liability, resulting in additional savings.
Stable housing costs: Rent prices are subject to increases based on market conditions and landlord decisions. In contrast, homeowners with fixed-rate mortgages benefit from stable housing costs over the long term, as their mortgage payments remain constant.
Control and customization: Owning a residence provides you with the freedom to personalize and make modifications to your home according to your preferences, without seeking permission from a landlord.
While homeownership comes with additional costs such as property taxes, insurance, and maintenance, the long-term benefits and potential financial gains often make it a more cost-effective option compared to renting a comparable property.
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Related Questions
In it firt year, "Abol Buna Company" had the following experience
Sale = 25,000 unit Selling price = Birr 100
TVC = Birr 1,500,000 TFC = Birr 350,000
Required:
Develop revenue, cot and profit function for the company in term of quantity. Find the Breakeven point in term of quantity
Convert the cot equation in term of quantity into a cot equation in term of revenue
Find the Breakeven revenue
If profit had been Birr 500,000 what would have been the ale volume (revenue) and the quantity of ale. What would be the profit if ale were Birr 2,000,000?
Answers
To develop the revenue function, we can use the information provided about the sale and the selling price. The revenue can be calculated as the product of the sale and the selling price.
In this case, the revenue function would be:
Revenue = Sale * Selling Price
= 25,000 * 100 Birr/unit
= 2,500,000 Birr
To develop the cost function, we can use the information provided about the total variable cost (TVC) and the total fixed cost (TFC). The cost function would be:
Cost = TVC + TFC
= 1,500,000 Birr + 350,000 Birr
= 1,850,000 Birr
To find the profit, we can subtract the cost from the revenue. The profit function would be:
Profit = Revenue - Cost
= 2,500,000 Birr - 1,850,000 Birr
= 650,000 Birr
To find the breakeven point in terms of quantity, we need to find the point at which the cost and the revenue are equal. This can be done by setting the profit function equal to zero and solving for the quantity.
Profit = 0 = Revenue - Cost
= 2,500,000 Birr - 1,850,000 Birr
= 650,000 Birr
At this point, the cost and the revenue are equal, so the breakeven point in terms of quantity is 25,000 units.
To convert the cost equation in terms of quantity into a cost equation in terms of revenue, we can use the revenue function to express the quantity in terms of revenue. The cost function would then be:
Cost = TVC + TFC
= 1,500,000 Birr + 350,000 Birr
= 1,850,000 Birr
To find the breakeven revenue, we can set the profit function equal to zero and solve for the revenue.
Profit = 0 = Revenue - Cost
= Revenue - (TVC + TFC)
= Revenue - 1,850,000 Birr
At this point, the cost and the revenue are equal, so the breakeven revenue is 1,850,000 Birr.
If the profit had been 500,000 Birr, we can use the profit function to solve for the sale and the revenue.
Profit = 500,000 Birr = Revenue - Cost
= Revenue - (TVC + TFC)
= Revenue - 1,850,000 Birr
Solving for the revenue, we get:
Revenue = Profit + Cost
= 500,000 Birr + 1,850,000 Birr
= 2,350,000 Birr
Then, using the revenue function to solve for the sale, we get:
Revenue = Sale * Selling Price
= 2,350,000 Birr / 100 Birr/unit
= 23,500 units
If the revenue had been 2,000,000 Birr, we can use the revenue function to solve for the sale and then use the profit function to solve for the profit.
Sale = Revenue / Selling Price
= 2,000,000 Birr / 100 Birr/unit
= 20,000 units
Profit = Revenue - Cost
= 2,000,000 Birr - (TVC + TFC)
= 2,000,000 Birr - 1,850,000 Birr
= 150,000 Birr
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Select the correct answer.
Sandra is about to start a small business in her area. She is creating a business plan after carrying out extensive research. She is currently creating projected balance sheets and income statements that could be useful to potential investors. Under which section of the business plan should Sandra place these records?
A.
business description
B.
financial analysis
C.
marketing strategy
D.
sales forecast
E.
exit strategy
Answers
Answer:
Financial Analysis
Explanation:
Just trust moi ;)
the best decisions, from a utilitarian perspective, are those that:
A) maximize a firm's profit.
B) maximize stockholders' wealth.
C) have greater social costs than benefits.
D) produce the greatest good for the greatest number of people.
E) result in the justified treatment of a minority
Answers
The best decisions, from a utilitarian perspective, are those that produce the greatest good for the greatest number of people. So, the correct option is C.
According to the utilitarian perspective, the ethical value of a decision is determined by its overall impact on the well-being and happiness of individuals. The principle of maximizing utility or the greatest good for the greatest number is central to utilitarian ethics.
Utilitarianism focuses on the consequences of actions and aims to maximize overall happiness or utility. In the context of decision-making, the best decisions are those that result in the greatest benefit or positive outcome for the largest number of people involved or affected by the decision.
Decisions that prioritize maximizing a firm's profit (A) or maximizing stockholders' wealth (B) may align with the interests of the company or its shareholders, but they do not inherently consider the overall welfare of all individuals affected by the decision. Decisions that have greater social costs than benefits (C) or result in the justified treatment of a minority (E) can conflict with the principle of maximizing overall utility.
Therefore, from a utilitarian perspective, the best decisions are those that produce the greatest good or maximize overall happiness for the greatest number of people.
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Metro, Inc. Sells backpacks. The Company's accountant is preparing the purchases budget for the first quarter operations. Metro maintains ending inventory at 20% of the following month's expected cost of goods sold. Expected cost of goods sold for April is $70,000. All purchases are made on account with 25% of accounts paid in the month of purchase and the remaining 75% paid in the month following the month of purchase. Sales January February March Budgeted cost of goods sold $ 40,000 $ 50,000 $ 60,000 Plus: Desired ending inventory 10,000 Inventory needed 50,000 Less: Beginning inventory (8,000 ) Required purchases $ 42,000 Based on this information the total cash paid in March to settle accounts payable is
Answers
The total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.
To calculate the total cash paid in March to settle accounts payable, we need to consider the purchases made in February and March.
In February, the purchases were $42,000 * 25% = $10,500. This amount is paid in the month of purchase, so there is no outstanding payment for February purchases in March.
In March, the purchases were $60,000 * 25% = $15,000. Since 75% of accounts are paid in the month following the month of purchase, we need to calculate 75% of March purchases that are paid in March. 75% of $15,000 = $11,250.,the total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.
The purchases budget is prepared to estimate the amount of inventory that needs to be purchased during a specific period. It takes into account the expected cost of goods sold and the desired ending inventory. In this case, the expected cost of goods sold for April is given as $70,000. By subtracting the beginning inventory and adding the desired ending inventory, the required purchases for the first quarter are calculated.
The payment terms for the purchases are also considered in the budget. It is stated that 25% of accounts are paid in the month of purchase and the remaining 75% is paid in the following month. This means that a portion of the purchases made in February is paid in February itself, while the remaining portion is paid in March. Similarly, a portion of the purchases made in March is paid in March.
To determine the total cash paid in March to settle accounts payable, we need to calculate the amount of purchases that are paid in March. This includes the 25% of March purchases that are paid in March itself and the outstanding payment for the remaining 75% of February purchases. By adding these two amounts, we can find the total cash paid in March. In this case, the total cash paid in March to settle accounts payable is $21,750.
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what strategy can programs employ to minimize the occurrence of deadlocks?
Answers
To minimize the occurrence of deadlocks, programs can employ several strategies. One strategy is to use a resource allocation algorithm that avoids circular wait conditions.
This can be achieved by assigning unique numerical values to each resource and only allowing processes to request resources in a numerical order. Another strategy is to use timeouts to prevent processes from holding resources indefinitely. If a process is unable to obtain a resource within a specified time, the resource can be released and made available to other processes.
Additionally, programs can use preemption, which involves forcibly removing resources from a process that is holding them and allocating them to other processes. This can help to prevent a single process from monopolizing resources and causing a deadlock. Finally, programs can also implement deadlock detection algorithms that identify and resolve deadlocks when they occur. These strategies can help to minimize the occurrence of deadlocks and ensure that programs run smoothly and efficiently.
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What is an accurate definition of experience?
the collection of things a person has done
a natural ability a person is born with
a subject a person would like to learn more about
the factors that have influenced a person throughout life
Answers
Answer: A)the collection of things a person has done
Explanation: just answered it EDGE 2021
Answer:
A on edge
Explanation:
A monopolist maximizes profits by producing at a price and output where
P = MC.
P = AC.
MR = MC.
AC is at a minimum.
Answers
A monopolist maximizes profits by producing at a price and output where MR = MC. This means that the marginal revenue (MR) of selling one more unit of the product should be equal to the marginal cost (MC) of producing that unit. If MR is greater than MC, the monopolist can increase profits by producing and selling more units
If MR is less than MC, the monopolist can increase profits by producing and selling fewer units.
However, the monopolist should also consider the average cost (AC) of producing the product. The monopolist's goal is to maximize profits, which is achieved when the difference between revenue and cost is at its highest point. This occurs when MR = MC, and the price charged for the product is equal to the average cost of producing it. This is because if the price is higher than the average cost, the monopolist can earn more profit by producing more units. But if the price is lower than the average cost, the monopolist would lose money on each unit produced. Therefore, the monopolist should aim to produce at a price and output level where MR = MC and AC is at a minimum.
A monopolist maximizes profits by producing at a price and output where MR (marginal revenue) equals MC (marginal cost). This occurs because profit maximization requires that the additional revenue generated from selling one more unit (MR) is equal to the additional cost incurred by producing that extra unit (MC). When MR = MC, the monopolist has no incentive to produce more or less, as doing so would decrease their profits.
Pricing in a monopoly is determined by the monopolist's demand curve, which is typically downward sloping. At the profit-maximizing output level (where MR = MC), the monopolist can charge a price that corresponds to the highest willingness to pay for that specific quantity. This is not the same as setting the price where P = MC or P = AC (average cost), as monopolists can set prices above their marginal or average costs due to a lack of competition. Additionally, producing at the minimum of the average cost is not the focus for a monopolist, as their goal is to maximize profits, which depends on the relationship between marginal revenue and marginal cost.
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can someone please help me with this question?
Answers
Answer:
We can first assess the effects of each of the transactions on the balance cheat.
the a) transaction will reduce cash by $500, and reduce creditors by the same amount.
the b) transaction will increase cash by $300, and reduce debtors by the same amount.
the c) transaction will reduce cash by $1,000, and reduce the Loan from L. Stennett by the same amount.
Now we can list this effects.
Cash is reduced by $500 + $1,500 and increased by $300. The total net effect on cash is then a $1,200 decrease ($1,500 decrease + $300 increase).
All the other accounts have only one reduction, so we simply substract that figure from the balance sheet on the picture to obtain our new figures.
Now we can write the new balance sheet
Balance Sheet as at 10 April 2007
Assets
Buildings $6,000
Motor Vehicle $4,000
Stock of Goods $2,000
Debtors $2,500 (-$300)
Cash at bank $2,000 (-$1,200)
Total Assets $16,500
Liabilities
Loan L. Stennet $1,000 (-$1,000)
Creditors $1,100 (-$500)
Total Liabilities $2,100
Capital $14,400
By the accounting equation, Capital + Liabilities = Assets, we see that it holds true: $14,400 + $2,100 = $16,500, so are figures are right.
You own a mobile Taco Truck. You have a short list of competitors. Which TWO would be considered your Indirect Competition?
Select 2 correct answer(s)
A.) Mobile Fish and Chips Truck
B.) A local Taco Bell franchise
C.) Walk-up Mexican Food stand
D.) A local Burger King franchise
Answers
The two options that could be considered indirect competition for a mobile Taco Truck are (A) Mobile Fish and Chips Truck (C) Walk-up Mexican Food stand
Indirect competition refers to businesses that offer different products or services but still target the same customer base or satisfy similar customer needs. In this case, the Taco Truck, Fish and Chips Truck, and Walk-up Mexican Food stand all fall under the category of mobile food vendors and offer food options to customers.
The Mobile Fish and Chips Truck is an example of indirect competition because it provides a different type of cuisine compared to the Taco Truck. While the Taco Truck focuses on Mexican food, the Fish and Chips Truck specializes in seafood. However, both food trucks target customers who are seeking quick and convenient meals on the go, making them indirect competitors.
Similarly, the Walk-up Mexican Food stand is considered indirect competition because it also offers Mexican food but operates in a different format. Unlike the mobile food trucks, the stand is stationary and doesn't have the mobility aspect. However, it caters to customers looking for Mexican cuisine and offers a similar dining experience to the Taco Truck.
On the other hand, option B (local Taco Bell franchise) and option D (local Burger King franchise) would be considered direct competitors as they both operate in the fast food industry and offer similar types of food as the Taco Truck. These franchises have established brick-and-mortar locations and compete directly with the Taco Truck for customers seeking fast food options.
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what risk do firms face when using licensing or franchising as an entry strategy in the chinese market? a costly transportation fees b quotas imposed c protection of intellectual property d shortage of employees e cost overruns
Answers
When using licensing or franchising as an entry strategy in the Chinese market, firms face several risks, including the Protection of intellectual property, Shortage of employees, Cost overruns, Quotas imposed, and Costly transportation fees.
1. Protection of intellectual property: The risk of intellectual property theft or infringement is high in China, which can affect the competitiveness and profitability of the firm.
2. Shortage of employees: The availability of skilled and qualified employees can be limited in certain regions, which can hinder the growth and expansion of the franchised or licensed business.
3. Cost overruns: The cost of setting up and operating a franchise or licensed business can be high due to compliance with local regulations, marketing expenses, and other operational costs.
4. Quotas imposed: The Chinese government may impose quotas on foreign firms, limiting their market access and expansion opportunities.
5. Costly transportation fees: The cost of transporting goods and materials to and from China can be expensive, which can impact the profitability of the franchised or licensed business.
Overall, firms need to carefully assess the risks and benefits of using licensing or franchising as an entry strategy in the Chinese market and develop strategies to mitigate the potential risks.
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17) A profit-maximizing firm in a monopolistically competitive market structure behaves much like a _________ in the short run.
a) Cournot duopolist
b) monopolistic firm
c) perfectly competitive firm
d) dominant firm
Answers
A profit-maximizing firm in a monopolistically competitive market structure behaves much like a monopolistic firm in the short run. Option b is the answer.
In a monopolistically competitive market, numerous firms offer separate items or administrations, which implies they have a few degrees of showcase control. Each firm faces a downward-sloping request bend for its item, demonstrating that it has little capacity to impact the cost.
Similarly, a monopolistic firm works in a market with restricted competition and can set costs to a few degrees based on its unique item or brand separation. Both sorts of firms point to maximizing their benefits by setting costs and yield levels that optimize their showcase position and request.
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A new policy that restricted the importing of butter from Europe would have what impact in the domestic butter market? Select one: a. It would decrease the supply of butter, shifting the supply curve up and to the left. b. It would decrease the supply of butter, shifting the supply curve down and to the right. c. It would increase the supply of butter, shifting the supply curve up and to the left. d. It would increase the supply of butter, shifting the supply curve down and to the right
Answers
The correct answer is a. It would decrease the supply of butter, shifting the supply curve up and to the left.
Restricting the import of butter from Europe would have a significant impact on the domestic butter market. When imports are restricted, it means that less butter from Europe would be available in the domestic market. As a result, the supply of butter would decrease, leading to a shift in the supply curve.
The decrease in supply would be represented by a leftward shift of the supply curve. This shift indicates that at any given price level, producers are willing and able to supply a lower quantity of butter. The restriction on imports limits the number of suppliers and reduces the overall availability of butter in the market.
With a decrease in supply, the equilibrium price of butter is likely to increase. The limited supply would lead to higher competition among buyers, potentially driving prices up as they bid for the limited quantity of butter. Additionally, the decrease in supply could also result in a decrease in the equilibrium quantity of butter traded.
The impact on domestic butter producers would be positive. With restricted imports, domestic producers would face less competition from imported butter, allowing them to potentially increase their market share and sell their products at higher prices. This could lead to increased profitability for domestic butter producers.
However, it's important to consider the potential drawbacks of import restrictions. Consumers may face higher prices for butter due to the limited supply, which could impact their purchasing power and overall affordability. Moreover, if domestic producers cannot meet the entire domestic demand for butter, there may be shortages in the market, leading to consumer dissatisfaction.
In summary, restricting the import of butter from Europe would decrease the supply of butter in the domestic market, resulting in a leftward shift of the supply curve. This would likely lead to higher prices and potentially lower quantities of butter exchanged. Domestic producers may benefit from reduced competition, but consumers could face higher prices and potential shortages.
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A case study of an olympic coach found he was totally invested in helping his athletes reach their potential because?
Answers
In a case study of an Olympic coach, it was discovered that he was completely committed to assisting his athletes in realizing their potential because sought redemption for opportunities lost when he was an athlete.
To effectively address the demands of their athletes, Olympic coaches must continuously increase their expertise, uphold best practices, and stay current with advances in their sport.
Redemption is the act of purchasing something back. After stealing someone else's bike, you can try to atone for your transgression by trying to buy back the bike you previously sold or even your soul. Someone who works hard for new clients to enhance his reputation is an example of redemption.
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The complete question is given below
A case study of an olympic coach found he was totally invested in helping his athletes reach their potential because?
a. Sought redemption for opportunities lost when he was an athlete
b. Liked being associated with winners
c. Wanted to be known as a great developer of talent
Marco agrees to sell Clowns R Us some balloons. The contract states that Clowns may buy as many balloons as it wishes. This agreement is
Answers
Answer:
c
Explanation:
The agreement between Marco and Clowns R Us is an illusory contract. This is because Clowns R Us is not obligated to buy any balloons.
The contract states that Clowns may buy as many balloons as it wishes, but it does not say that Clowns must buy any balloons.
An illusory contract is not a valid contract because it lacks consideration. Consideration is something that each party gives up in order to make the contract binding.
In this case, Marco is giving up the right to sell balloons to other businesses. However, Clowns R Us is not giving up anything. It is free to buy balloons from other businesses or not buy any balloons at all.
As a result, the contract between Marco and Clowns R Us is not enforceable. If Clowns R Us does not buy any balloons, Marco cannot sue them for breach of contract.
Here are some other examples of illusory contracts:
A contract that states that one party may buy as many widgets as they wish at the price of $1 per widget.
A contract that states that one party may hire the other party for as many hours as they wish at the rate of $1 per hour.
A contract that states that one party may rent a car for as many days as they wish at the rate of $1 per day.
In all of these cases, the party that is not obligated to do anything is not giving up anything in order to make the contract binding. As a result, the contracts are not enforceable.
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What do most states use as a general guideline for punitive damages?
A.Four times the amount of special damages
B.One half of the amount paid for proven damages
C.Ten times the amount of special damages
D.An amount equal to special damages
Answers
Answer:
four times
Explanation:
just answered
Answer:
A. Four times the amount of special damages
Explanation:
What is the relationship between sample size and false conclusions in market research?
Answers
The relationship between sample size and false conclusions in market research is- The larger your sample size, the less chance there is to draw a false conclusion.
What do you mean by sample size?
It takes consideration and logical reasoning to choose the appropriate sample size for your market research survey, but it's not a complex process. You only need as many respondents to your survey as are actually required. A sample of 300–400 will often be sufficient for most uses.The margin of error reduces with sample size. The margin of error rises as population variability does as wellThe phrase "sample size" in marketing research refers to the total number of participants in the study. Statistics like age, gender, and geographic region are taken into account while selecting the sample for research. Samples might either be general or detailed.To know more about sample size here
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The provision of a public good generates aAnswers:a. positive externality and the use of a common resource generates a negative externality.b. negative externality, as does the use of a common resource.c. negative externality and the use of a common resource generates a positive externality.d. positive externality, as does the use of a common resource.
Answers
Answer:
I'm not too dire about this
What is an example of a general safety hazard?
poorly maintained equipment
contaminated water
blizzard
employee retaliation
Answers
Answer:
poorly maintained equipment
Answer:
contaminated water
Explanation:
if the water doesnt get boiled it will make you sick, contaminated water can make you sick easily so its a safety hazard
What are the impacts of monopolistic competition on stakeholders?
Answers
As the sole providers of a product or service, monopolies have no competition and no price restrictions. Monopolies use patents, mergers, and acquisitions to obtain industry dominance and prevent market entry. If left unmonitored and unregulated, monopolies can adversely affect businesses, consumers and even the economy.
How have newer work models made the workplace more efficient?
Answers
Explanation:
Don't be Afraid to Delegate. While this tip might seem the most obvious, it is often the most difficult to put into practice. ...Match Tasks to Skills. ...Communicate Effectively. ...Keep Goals Clear & Focused. ...Incentivize Employees. ...Cut Out the Excess. ...Train and Develop Employees. ...Embrace Telecommuting.Answer:
1)Assign a task to the person with the right skills. When a new assignment arises, managers tend to think: "Who on my staff has time to take this on?" This is not an effective way to make a decision.
2)Limit meetings: Let's face it: Unless it's a necessary client meeting or important brainstorm session, nine times out of 10,
3)Systematize processes to save people time. There may be old ways of doing things in your company that take up a lot of time. When you ask managers why you do things that way, they may say: "Well, that's just how we've always done it."
4)Provide quiet, uninterrupted spaces to work. This goes back to those colleagues disrupting your work to discuss personal issues. Most people work better in an environment without a lot of noise. Cubicle farms make it hard to accomplish meaningful work. The open physical layout of many offices today, as well as "open-door" policies establish an open invitation for co-workers to interrupt others.
5)Determine where people need to be located. Companies are beginning to realize that telework saves them money and greatly increases productivity. Employees working from home tend to accomplish more than their counterparts sitting in an office. This is mainly due to the lack of office distractions listed above and the extra time people can put into work since they can start and end their day during typical commute times. Also, business travel is not always a necessity, as it is both a high monetary and time cost to incur.
Explanation:
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Consider two countries, Japan and Korea. In 1996, Japan experienced relatively slow output growth (1%), whereas Korea had relatively high output growth (6%). Suppose the Bank of Japan sets the money supply growth rate at 2% each year, whereas the Bank of Korea set a relatively higher money growth of 12% per year. Assume the simple monetary model (where L is constant). Treat Korea as the home country and Japan as the foreign country.
Answers
The nominal exchange rate (e) between Korea and Japan is 6.72. The given data relates to two countries: Japan and Korea. In 1996, Japan had slow output growth, whereas Korea had high output growth.
Here are the details:
Japan: output growth = 1%.
Bank of Japan: Money supply growth rate = 2%.
Korea: output growth = 6%.
Bank of Korea: Money supply growth rate = 12%.
Assumption: The simple monetary model (where L is constant).
Korea is the home country, whereas Japan is the foreign country.
It is necessary to determine the nominal exchange rate (e) between these two countries. Using the simple monetary model, the equation can be given as:
e = (money supply in home country/money supply in foreign country) × (L in foreign country/L in home country).
Here, L is constant.
Let's determine the money supply in Japan and Korea:
Money supply in Japan = 2%
Money supply in Japan = 10
Money supply in Korea = 12%
Money supply in Korea = 67.2
Using the above values, the equation of the nominal exchange rate between these two countries can be given as:
e = (67.2/10) × (L in Japan/L in Korea)
We can see that L is constant; thus, it cancels out, and the equation becomes:
e = 6.72
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1. Which of the following BEST defines a down payment?
1. A down payment is a portion of the purchase price that increases the loan amount.
2. The down payment is the good faith escrow deposit.
3. A down payment is a portion of the purchase price that reduces the loan amount.
4. The down payment is the total amount borrowed for purchasing or leasing a car.
Answers
Answer:
3
Explanation:
It has to be this one because it is intial payment to help someone.
Graphic organizers may help you better understand information you wrote down in your notes.
T or F
Answers
Answer:
True.
Explanation:
Answer:
Graphic organizers can help to visualize and construct ideas, organize and/or sequence information, plan what to write, increase reading comprehension, brainstorm, organize problems and solutions, compare and contrast ideas, show cause and effect, and more.
Explanation:
what is the difference in APR paid by Sam and Jessica
Answers
Answer:
APR stands for Annual Percentage Rate. It is the yearly interest rate charged on loans or earned through an investment and is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment
Explanation:
The difference between APR and interest rate is that APR includes other costs such as fees, origination charges, discount points, and agency fees paid to the lender
Their differences in credit scores are demonstrated by the leap between 14.73 percent from Sam and 3.805 percent from Jessica. Sam would still receive a better interest rate than Jessica despite having a higher APR, but Jessica would gain more because she would be making smaller payments.
The creditworthiness of a client is shown by their credit score, which ranges from 300 to 850. The better a borrower seems to potential lenders, the higher their score. Based on information from your credit reports, a credit score predicts your credit behavior, such as how likely you are to repay a loan on time.
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST PERSONAL & FAMILY FINANCE)
Amanda submitted her taxes, but someone from the IRS called her because they want to talk more about her tax return. What is Amanda MOST likely experiencing?
estimated payment
tax audit
tax deduction
Answers
Answer
tax detection
Explanation:
just is
Explanation:
which of the following is provided to a plaintiff if the eeoc decides not to sue on behalf of the plaintiff? select one: a. a right-to-sue letter b. a referral letter c. a reinstatement letter d. a termination of claim letter
Answers
The plaintiff would establish a priori case of discrimination, according to the information.
What is the purpose of termination?Terminating an employee's agreement with a corporation is referred to as "termination of employment." Any reason, including an employee's choice to quit the organization, could result in their termination. For a range of reasons, including such downsizing, subpar work performances, or redundancies, employers may decide to terminate employment.
What two types of termination are there?There are two different ways that an employee's employment can be terminated: first, by the employer, and second, by the employee voluntarily leaving. Employers have the right to fire an employee for legitimate and equitable reasons.
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The S&R Index is currently traded at $1100. The continuously compounded annual interest rate is 5%. If the price of a 1-month forward contract is $1120, how would you establish the arbitrage portfolio today?_ _the foward at $1120, the S&R index at $1100, the amount of $1100. long, short, lend short, long, borrow long, short, borrow short, long, lend
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To establish an arbitrage portfolio, we need to identify the mispricing in the market and take advantage of it. In this case, the price of the 1-month forward contract is higher than the theoretical forward price calculated using the spot price and interest rate.
The theoretical forward price can be calculated as follows: F = S * e^(r*t) Where F is the forward price, S is the spot price, r is the interest rate, and t is the time to delivery (in years). In this case, t = 1/12 (1 month in years).
F = 1100 * e^(0.05 * (1/12)) = 1104.89 Therefore, the theoretical forward price is $1104.89, which is lower than the current market price of $1120. To establish the arbitrage portfolio, we can take the following steps:1. Borrow $1100 at the risk-free interest rate of 5% for 1 month.2. Buy the S&R index at the spot price of $1100.3. Enter into a short forward contract to sell the S&R index at the current forward price of $1120.4. Wait for 1 month until the delivery date of the forward contract.5. Deliver the S&R index at the agreed price of $1120 and receive $1120.6. Repay the borrowed amount of $1100 plus interest of $4.58 (5% * 1/12 * $1100).7. The net profit would be $15.42 ($1120 - $1104.89 - $4.58).
Therefore, by following this strategy, we can earn a risk-free profit of $15.42 in 1 month. This is because we have locked in a higher selling price for the S&R index in the forward contract than its current theoretical forward price while borrowing money at a lower interest rate than the continuously compounded annual interest rate.
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a small business owner has created a linear regression model to predict the number of new customers who will visit a shop based on the number of times the owner has an advertisement played on the radio. what is the explanatory variable and what is the response variable? responses explanatory: number of new customers; response: number of times the advertisement is played explanatory: number of new customers; response: number of times the advertisement is played explanatory: number of times the advertisement is played; response: number of new customers explanatory: number of times the advertisement is played; response: number of new customers explanatory: number of times the advertisement is played; response: number of purchases made by customers explanatory: number of times the advertisement is played; response: number of purchases made by customers explanatory: number of purchases made by customers; response: number of times the advertisement is played explanatory: number of purchases made by customers; response: number of times the advertisement is played explanatory: number of previous customers; response: number of new customers
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Explanatory variable is number of times the advertisement is played and response variable is number of new customers.
What are explanatory variables?
A response variable is what changes as a result of an explanatory variable being changed (for example, caffeine dose) (e.g., reaction times). Other phrases used in research, such as "explanatory variable" and "response variable," are sometimes interchangeable with these two meanings.What role does the explanatory variable play?
One variable may be used to forecast or account for variations in another variable in some research projects. In those circumstances, the explanatory variable is utilized to forecast or account for variations in the response variable. The explanatory variable in an experimental study is the variable that the researcher manipulates.Learn more about explanatory variables
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At which stage of the product life cycle is the least amount of money spent on the promotional mix? A. growth. B. harvesting. C. maturity. D. decline
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During the stage of harvesting the product life cycle is the least amount of money spent on the promotional mix. The correct option is b.
What is harvesting?Harvesting is the process of gathering a ripe crop from the fields. Reaping is the cutting of grain or pulse for harvest, typically using a scythe, sickle, or reaper. On smaller farms with minimal mechanization, harvesting is the most labor-intensive activity of the growing season. On large mechanized farms, harvesting uses the most expensive and sophisticated farm machinery, such as the combine harvester. Process automation has increased the efficiency of both the seeding and harvesting processes.
Specialized harvesting equipment utilizing conveyor belts to mimic gentle gripping and mass-transport replaces the manual task of removing each seedling by hand. The term harvesting in general usage may include immediate postharvest handling, including cleaning, sorting, packing, and cooling.
The completion of harvesting marks the end of the growing season.
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Suppose that a firm in a competitive market has the following cost curves the firm should exit if the market price is:_______
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Suppose that a firm in a competitive market has the following cost curves: the firm should exit if the market price is below its average variable cost (AVC).
In a competitive market, a firm will make a decision to exit or stay based on its short-run and long-run costs. The short-run costs include fixed costs (FC), which the firm has to pay regardless of its production level, and variable costs (VC), which vary depending on the firm's production output.
A firm will compare the market price to its average total cost (ATC) and average variable cost (AVC) to determine whether to exit the market. If the market price is below the firm's AVC, it would be unable to cover its variable costs and will experience a loss on each unit produced. In this situation, it is more beneficial for the firm to exit the market and minimize its losses.
If the market price is between the firm's AVC and ATC, it can cover its variable costs but not its fixed costs, resulting in a short-term loss. However, the firm may choose to continue operating in the market, hoping for an improvement in market conditions.
Lastly, if the market price is above the firm's ATC, it will cover both its variable and fixed costs and earn a profit. In this case, the firm will continue operating in the market.
In summary, a firm in a competitive market with specific cost curves should exit the market if the market price is below its average variable cost.
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