1. The existence of money leads to a greater specialization in production, but not to a higher standard of living b. a higher standard of living, but not to greater specialization c greater specialization ar to a higher standard of living d. neither greater specialization nor to a higher standard of living 2. Which o..se following best illustrates the medium of exchange function of money? a. You keep some money hidden in your shoe. b. You keep track of the value of your assets in terms of currency. c. You pay for your oil change using currency d. None of the above is correct.
Answers
The right response is that the presence of money causes both a higher standard of living and a greater specialization in production, as this leads to greater specialization in production and a higher level of living.
The degree of prosperity, comfort, products, and necessities that are available to a specific society or social class is referred to as having a higher standard of life.
It is widely used to contrast the standards of living in different nations or regions. A society's ability to generate a wider range of goods and services leads to more specialisation and, ultimately, a higher quality of life.
The finest illustration of how to use money as a medium of exchange in the second question is when paying for an oil change.
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Related Questions
Why should you understand what you can and cannot copyright?
Answers
Answer:
Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.
Explanation:
Answer:
So that therefore you wouldn't be fined of plagiarism of any kind.
Explanation:
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
Answers
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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An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days of employment.
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An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.
Who is an Alcoholic Server?This refers to the person that pours the alcoholic drink to people that come to bars to buy.
Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.
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If the Canadian dollar is strengthening, then:
O it has been unpegged from other currencies.
O it has appreciated in terms of other currencies, which will likely lead to increased exports from Canada,
O Canada has purchasing power parity.
O it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada
Answers
If the Canadian dollar is strengthening, then it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada. Therefore, the option D holds true.
The currencies of different nations and economies have different valuations that are determined by the forces of international exchange rates. For example, the US dollar is different from the Canadian dollar, as the former is considered to be the most powerful currency. If the Canadian dollar appreciates in its valuation, it becomes stronger than previous position of the same currency.
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A factory is considered what type of resource?
land
labor
physical capital
human capital
Answers
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
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Which general staff member directs management of all incident.
Answers
Answer:
Operations Section Chief directs management of all incident-related operational activities to achieve the incident objectives.
The supply and demand equations for a clothing product in a particular week are given by
p=0.7q+6 Supply Equation
p=-1.7q+18 Demand Equation
where p is the price in dollars and q is the quantity in hundreds
Find the equilibrium price and quantity.
Note:
The format of your answer for the price must be written as an integer with two decimals. Examples of this format is $8.35 or $4.00.
The format for the quantity must be written in only integer (in 100), for example 200 (not 2).
Answers
At the equilibrium point, the price for the clothing product settles at $9.50, while the corresponding quantity reaches 500 (in hundreds).
To find the equilibrium price and quantity, we need to set the supply equation equal to the demand equation and solve for the values of p and q.
0.7q + 6 = -1.7q + 18
Combining like terms, we have:
2.4q = 12
Dividing both sides by 2.4, we get:
q = 5
Substituting the value of q back into either the supply or demand equation, we can find the equilibrium price:
p = 0.7(5) + 6
p = 3.5 + 6
p = 9.5
Therefore, the equilibrium price is $9.50 and the equilibrium quantity is 500 (in hundreds).
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There are no viruses that specifically target mobile phones or tablets?
Answers
Answer:
no not really in my opinion
Answer:
Yes, there ARE viruses that target mobile and tablet devices.
Explanation:
There's a virus that spams apps on your phone, crashing it.
This is basically a virus, since it harms the device.
I allow you to write letters of the alphabets what I am
Answers
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
Bank telers need a community college degree.
A. True
B. False
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Aaron is a high school graduate working as a retail clerk. He earns a median salary for a high school graduate. Aaron is thinking about going to college to get an associate's degree. If he completes his degree in 2 years and college costs total $30,000, how long will it take aaron to recover his investment, assuming that he earns the median salary and continues to work full time while he is attending school? a. About 2. 5 years b. About 5. 5 years c. About 8. 5 years d. About 11. 5 years please select the best answer from the choices provided a b c d.
Answers
If Aaron works two years, which equals 2*12=24 monts, he will have 24*2672$=64128$.
What do you mean via investment?An funding is an asset or item acquired with the aim of generating profits or appreciation. Appreciation refers to an increase in the cost of an asset over time. When an person purchases a exact as an investment, the intent is not to eat the good however as a substitute to use it in the future to create wealth.
There are four main funding types, or asset classes, that you can pick from, every with awesome characteristics, dangers and benefits.
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https://brainly.com/question/27972503#SPJ41. I started this business after dropping out of college and my buddy and I wanted to start this company. We had very little money or business knowledge but lots of drive. We now have the largest company in the world. Who am I?
Answers
The correct answer to this open question the following.
Although these situations could be related to some "tech" geniuses, we can say that we are talking about Steve Jobs.
It is true that Steve Jobs started his business after dropping out of college, and his buddy and Jobs wanted to start this company. They had very little money or business knowledge but lots of drive.
And Steve Jobs created the world empire called Apple. Indeed, he revolutionized the world of communications with his creations.
Steve Jobs dropped out of Reed College.
Another famous and billionaire in the tech industry that dropped college was Bill Gates, the founder of Microsoft. He left Harvard University in 1975 to form his own company.
Approximate the mean for the following data set. Round your answer to one decimal place.
Answers
The mean of the data set in the question is 34.0
How to solve for the meanWe have to find the midpoint of the classes
this would be gotten by the addition of the first and the last numbers divided by 2.
This would be seen in the following way
0 + 11 / 2 = 5.5
12 + 23 / 2 = 17.5
24 + 35 / 2 = 29.5
36 + 47 / 2 = 41.5
48 + 59 / 2 = 53.5
Next we have to multiply the midpoints by the given frequencies in the table
The frequencies * midpoint are
6 * 5.5 = 33
10 * 17.5 = 175
5 * 29.5 = 147.5
14 *41.5 = 581
13 * 53.5 = 695.5
Then the summations of the frequency is
6 + 10 + 5 + 14 + 13 = 48
The summation of the table above would be
33 + 175 + 147.5 + 581 + 695.5 = 1632
The mean would be 1632 / 48 = 34.0
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Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash.
Answers
Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash, this will be traded in Financial asset markets.
What is Financial asset markets?A financial asset market is a place where a contractual right to a specific type of wealth can be purchased and sold. This is typically distinguished by the asset's liquidity, or how quickly it can be converted to cash, and includes financial assets such as savings and checking accounts, stocks and bonds, and mortgages.
One of the distinguishing characteristics of wealth traded on such a market is that it does not always have direct or linear ties to actual physical value, as in the case of land, jewellery, or art.
Trading environments for a financial asset market, such as a stock market or bond market, are prone to fluctuation due to a variety of seemingly unrelated market conditions.
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Complete question:
You are preparing to take an exam in your finance class, and you’ve been making flash cards on different markets and transactions. Indicate the markets in which each of the following transactions will be traded:
Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash. Financial asset markets
in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
Answers
The correct option to the given question about assess the performance of their supply chains is option a) . Take a look at each market category they serve.
A corporation can generally use one of six major models to direct its supply chain management procedures.
The continuous flow model, one of the more established supply chain strategies, works best for developed sectors. The continuous flow model assumes that a producer will consistently produce the same good and that customer demand will be relatively stable. Agile Strategy: This model works best for businesses that provide products that customers order or have unexpected demand. This model places a premium on adaptability because a business must be ready to change course at any time in the event of a specific requirement.
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Germany experienced a downturn in international trade duringGroup of answer choicesthe early 2000s EU expansionthe Great Recessionwhen the euro was createdwhen East and West Germany reunited
Answers
Germany experienced a downturn in international trade during the Great Recession. The Great Recession, which occurred from 2007 to 2009, was a global economic crisis triggered by the collapse of the housing market in the United States. The crisis had significant ripple effects across the world, including in Germany, which is one of the major exporters and largest economies in Europe.
During the Great Recession, global demand for goods and services declined sharply, leading to a decrease in international trade. As Germany heavily relies on exports for its economic growth, the downturn in international trade had a significant impact on its economy. The country faced a decline in export orders, reduced demand for its products, and a slowdown in manufacturing activity. The Great Recession caused a contraction in Germany's economy, leading to a decrease in GDP and increased unemployment rates.
While other factors such as the EU expansion, the creation of the euro, and the reunification of East and West Germany have influenced Germany's economic trajectory, the Great Recession was the primary cause of the downturn in international trade during the early 2000s.
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A relatively horizontal (but not completely flat) demand curve is: a. Relatively Elastic
b. Relatively Inelastic c. Unitary Elastic
d. Infinitely Inelastic
Answers
A relatively horizontal (but not completely flat) demand curve is relatively elastic.
Elasticity of demand refers to the responsiveness of quantity demanded to change in price. A horizontal demand curve indicates a high degree of elasticity, meaning that a small change in price leads to a relatively larger change in quantity demanded.
Option a. Relatively Elastic is the correct answer. When the demand curve is relatively horizontal, it suggests that consumers are highly responsive to price changes. This elasticity indicates that even a small increase in price would cause a significant decrease in quantity demanded, and vice versa.
On the other hand, a vertical demand curve would indicate a situation of perfectly inelastic demand, where quantity demanded does not change regardless of price changes. A unitary elastic demand curve would have a constant slope, indicating that the percentage change in quantity demanded matches the percentage change in price. An infinitely inelastic demand curve would be completely flat, indicating that quantity demanded remains constant regardless of price changes.
Therefore, in the context of a relatively horizontal (but not completely flat) demand curve, the correct classification is relatively elastic, option a. Relatively Elastic.
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2.1.1 Laterpreting
What is polynomial.?
Answers
Answer:
an expression of more than two algebraic terms, especially the sum of several terms that contain different powers of the same variable(s).
\( \huge \boxed{\mathfrak{Question} \downarrow}\)
What are polynomials?\( \huge \boxed{\mathfrak{Answer} \downarrow}\)
Polynomials are often sum of terms that are usually in the form :-\( \huge \sf \: a {x}^{2} + bx + c\)
The powers in a polynomial are non-negative integer powers.Based on the number of terms in a polynomial, there are 3 types of polynomials. They are monomial, binomial and trinomial. Based on the degree of a polynomial, they can be categorized as zero or constant polynomials, linear polynomials, quadratic polynomials, and cubic polynomials.Have you ever purchased something based on the recommendation of a social media influencer? If so, explain what you purchased, who the influencer was, and why their recommendation mattered. If not, how have you avoided the urge to buy based on social media?
Answers
Answer:
I actually bought the benefit cosmetics roller lash mascara because of an IG influencer's high rating of the product. I don't remember exactly who the influencer was, but she was very popular. I trusted her reccomendation because of her popularity and status. I ended up disliking the mascara, and now I usually only get reccomendations from people I actually know.
Explanation:
Hope this helps!
Column A
A. Surplus
B. Capital budgeting
C. Financial Report
D. Financial Planning
E. E. Profit and loss analysis
F. ratio analysis
G. capital management
H. cash flow management
I. financial resources
J. risk management
K. financial decisions
Column B
1. It means positive result in the operation on the business firm.
2. This includes statement of income, statement of cash flows, statement of retained earnings, etc.
3. It is used to analyze company's liquidity, solvency, efficiency and profitability of the firm. 4. It is a process a business uses to evaluate potential major projects or investments.
5. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.
6. It means managing the inflow and outflow of cash.
7. It measures the ability of the company to generate income from the use of its assets and invested capital as well as control its cost. 8. This includes cash, short-term investment, stocks and bonds.
9. It means managing uncertainties that would affect the business firm.
10. It refers to a strategy that requires monitoring a company's current assets and liabilities to ensure its efficient operation.
Answers
Answer:
omg what is this I can't understand sorry
What are the subjects of economics
Answers
Answer:
Econometrics.
Economic policy.
Legal studies.
Money and banking.
Global finance.
Economic history.
International trade.
Collective decisions.
Explanation:
I believe this is what you are asking for. Hope this is helpful :).
A _____ is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
Answers
A competitive advantage is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
What exactly is a competitive advantage?If a company have something that gives it an edge over its competitors that eventually helps it attract more customers and grows its market share, then it is a competitive advantage to the company.
There are three primary forms of a competitive advantage, namely (1) cost advantage, (2) offer advantage, and (3) niche advantage.
Cost advantage means providing a service or producing a product at a lower cost than competitors.Offer advantage means a company's product or service stands out from the competitors by meeting a unique customer need.Niche advantage means designing a product or service that attracts a specific audience.Find out more about competitive advantage here: https://brainly.com/question/26514848
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The curve most economists use to follow the relationship between the interest rates and bonds' time to maturity is the:
Answers
An economy is in long-run macroeconomic equilibrium. What will be the short-run effects of an increase in investment spending?.
Answers
An increase in real output, a decrease in the state, and a rise within the indicator. The increase in mixture demand can cause higher economic processes and presumably inflation. Suppose an economy is alleged to be in long equilibrium.
In that case, Real GDP is at its potential output, the particular pct can equal the natural rate of state (about 6%), and therefore the actual indicator can equal the anticipated indicator.
The short-run in economic science may be an amount during which wages and a few alternative costs are a unit sticky. The long haul may be when full wage, worth flexibility, and market adjustment have been achieved, so the economy is at the natural level of employment and potential output.
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Which of the following best describes managerial ethics?
Answers
Answer: It is the standard of conduct that guides a person's decisions and behavior.
11. Which of these does NOT represent a type of credit?
*
1 point
A certificate of deposit (CD)
A credit card
A mortgage
Answers
A certificate of deposit (CD) does not represent a type of credit.
A certificate of deposit (CD) does not represent a type of credit. A certificate of deposit is a financial instrument offered by banks and credit unions that allows individuals to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the financial institution pays the depositor a fixed interest rate.
Unlike credit cards and mortgages, which involve borrowing money, a CD involves depositing money with the financial institution. The individual essentially lends money to the institution, and in return, earns interest on the deposited amount. The interest rate offered on a CD is predetermined and agreed upon at the time of purchase.
CDs are considered to be a low-risk investment option because they are typically insured by the government up to a certain amount. They provide a stable and predictable return on investment, making them attractive to individuals who prioritize safety and want to preserve their principal.
In summary, while credit cards and mortgages involve borrowing money, a certificate of deposit is not a type of credit. Instead, it is a financial instrument that allows individuals to deposit money with a financial institution and earn a fixed interest rate over a specified period of time.
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Which of the following are examples of career clusters? Select all that apply.
Real Estate
Arts, AN Technology, and Communication
Education and Training
Finance
Government and Public Administration
Answers
Answer:
2,3,5
Explanation:
Arts, AN Technology, and Communication Education and Training the following are examples of career clusters
What is the Communication?Giving, receiving, and exchanging information are all parts of communication, which might take the form of talking, writing, listening, or reading. Listen intently, talk or write properly, and appreciate many points of view when communicating
In daily life, communication enables us to connect with people, share our experiences and needs, and strengthen our bonds. It gives us the chance to communicate our views, share information, and express our emotions. We must all communicate.
The act of successfully communicating involves a number of phases or acts, which are referred to as the communication process. It involves a number of elements, including the communicator, the message being sent, the message's encoding, the receiver, and the message's decoding.
Therefore, Thus option (B) is correct.
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When determining the amount of cash payments for manufacturing overhead, which costs are removed from the budgeted manufacturing overhead?
Answers
When determining the number of cash payments for manufacturing overhead, Depreciation is removed from the budgeted manufacturing overhead.
What is depreciation in accounting?
Depreciation is allocated across the asset's estimated useful life in order to charge a reasonable portion of the depreciable amount for each accounting period. Depreciation includes the amortization of assets with predetermined useful lifetimes.
How to calculate manufacturing overhead?
You must total up all indirect costs associated with the manufacturing of a product to determine manufacturing overhead. This covers the price of depreciation, factory supplies, electricity, insurance, maintenance of machines, indirect materials and labor, and more.
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Maude Eggert sells cosmetics for Soft Touch, Inc. She is guaranteed a salary of $700 a month, or 7 percent of her total sales—whichever is greater. What is her gross pay for a month in which her total sales were $10,984?
Answers
The larger of Maude Eggert's fixed income of $700 or 7% of her total sales of $10,984 would be her gross remuneration. 7% of $10,984 = $768.88 Her gross pay for the month would be $768.88 because $768.88 is more than $700.
We must figure out both Maude eggert's fixed salary and her commission based on her sales in order to establish her gross compensation for a month in which her total sales were $10,984. We'll first figure out her commission depending on her sales. 7% of $10,984 is the commission.
Commission: $768.88 (or 0.07 x $10,984) We'll then calculate her guaranteed salary: Guaranteed wage equals $700 The total of her commission ($768.88) and guaranteed salary ($700) would represent her gross compensation for the month because they are higher than each other: Commission plus guaranteed salary equals gross pay. Gross pay equals $768.88 plus $700. Payroll total: $1468.88 So, $1468.88 would be Maude Eggert's gross salary for a month in which her total sales were $10,984.
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assume the real rate of return is 1.41% and the inflation rate is 5.73%. find the nominal rate of return using the exact formula.
Answers
The nominal rate of return is 7.23%.
Determine rate of returnThe exact formula for calculating the nominal rate of return is:
Nominal Rate of Return = (1 + Real Rate of Return) * (1 + Inflation Rate) - 1
In this case, the real rate of return is 1.41% and the inflation rate is 5.73%. Plugging these values into the formula, we get:
Nominal Rate of Return = (1 + 0.0141) * (1 + 0.0573) - 1
Simplifying the equation, we get:
Nominal Rate of Return = 1.0141 * 1.0573 - 1
Multiplying the values and subtracting 1, we get:
Nominal Rate of Return = 0.0723
Therefore, the nominal rate of return is 7.23%.
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