Tariffs are taxes imposed on imported or exported goods and services. They are often used as a trade policy tool, aiming to protect domestic industries and stimulate growth.
Tariffs can be appropriate when a country is trying to protect its domestic industries from foreign competition. When a domestic industry is suffering from a surge in imports that threaten to put domestic businesses out of work, tariffs can be an effective tool to level the playing field.
Tariffs can also be fair when they are applied equally to all countries. Countries should not apply tariffs selectively or use them as a political tool to gain an advantage over another country. This will lead to an unfair advantage for the domestic industry of the country using tariffs.
Tariffs are considered unfair when they are applied selectively or used as a tool to gain an advantage over another country. Countries should avoid using tariffs as a political tool to gain an advantage over another country, especially if the tariffs are aimed at protecting domestic industries from foreign competition. This is because it often results in retaliation from the affected countries and leads to an increase in trade wars, which can harm the global economy.
In conclusion, tariffs can be appropriate when a country is trying to protect its domestic industries from foreign competition. They can also be fair when they are applied equally to all countries. Tariffs are considered unfair when they are applied selectively or used as a tool to gain an advantage over another country.
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true/false. in rostow’s five-stage model of economic development, countries in stage 5 (the age of mass consumption) are mostly service economies.
In Rostow’s five-stage model of economic development, countries in stage 5 are mostly service economies. This statement is true.
What is Rostow’s five-stage model?
The Rostow model depicts how a country's economy shifts from being primarily dependent on primary industry to relying more on secondary industry, tertiary industry, and quaternary industry through time. The Rostow model categorises the economic development of nations into five distinct stages. Traditional society, the prerequisites for takeoff, the development of an international perspective, takeoff, the drive towards maturity, and the era of high mass consumption are all factors. Any nation in the world could be included in one of the stages.
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alexandria aluminum company, a manufacturer of recyclable soda cans, had the following inventory balances at the beginning and end of 20x1. inventory classification january 1, 20x1 december 31, 20x1 raw material $ 65,000 $ 70,000 work in process 120,000 115,000 finished goods 160,000 165,000 during 20x1, the company purchased $250,000 of raw material and spent $400,000 on direct labor. manufacturing overhead costs were as follows: indirect material $ 8,000 indirect labor 27,000 depreciation on plant and equipment 100,000 utilities 25,000 other 30,000 sales revenue was $1,107,000 for the year. selling and administrative expenses for the year amounted to $110,000. the firm’s tax rate is 40 percent.
The net income for Alexandria Aluminum Company is $244,200, calculated by deducting the cost of goods sold and selling/administrative expenses from the sales revenue, and applying the tax rate.
To calculate the net income, we first determine the cost of goods sold (COGS) by considering the changes in inventory levels and adding the manufacturing costs. The COGS is subtracted from the sales revenue to obtain the gross profit. Selling and administrative expenses are then subtracted from the gross profit to calculate the operating income. Finally, the net income is derived by applying the tax rate to the operating income.
In the given scenario, the calculations indicate a net income of $244,200 for Alexandria Aluminum Company. This represents the company's earnings after accounting for the cost of producing goods, operating expenses, and taxes. It provides an important financial measure of the company's profitability for the specified period.
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name an internal data source that can be used for planning
Answer:
Sales. Internal data in the sales department include revenue, profits, and bottom line. ...
Finance. ...
Marketing. ...
Human Resource.
Which of the following factors in productiservice planning affects product protection, product image, and indentification of the product's brand
Answer:
A: D
Explanation:
To decrease buyer power, the firm can a.​Differentiate its product b.​Decrease dependency on a single buyer c.​Sell its products in locations with multiple buyers d.​All of the above
Answer:
I need these pt thx plz plzpl
The __________ forbids the manufacture or sale of adulterated or fraudulently labeled foods and drugs.
The Food and Drug Administration (FDA) forbids the manufacture or sale of adulterated or fraudulently labeled foods and drugs.
The FDA is a regulatory agency in the United States that is responsible for ensuring the safety, effectiveness, and proper labeling of food, drugs, medical devices, cosmetics, and other products. Under the authority granted by various federal laws, including the Federal Food, Drug, and Cosmetic Act (FD&C Act), the FDA has the power to enforce regulations and standards to protect public health.
One of the key mandates of the FDA is to prevent the production and distribution of adulterated or fraudulently labeled foods and drugs. Adulteration refers to the inclusion of impure, harmful, or substandard ingredients in food or drugs, while fraudulent labeling involves misrepresentation or false claims about the content or quality of the products.
Through inspections , testing, labeling requirements, and enforcement actions, the FDA works to ensure that consumers have access to safe and properly labeled food and drug products, thus protecting public health and promoting confidence in the marketplace.
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To protect older workers from potential abuse and to prevent employers from circumventing the ADEA protections, the Older Workers Benefit Protection Act was passed in what year?
1990
1998
1985
1967
The Older Workers Benefit Protection Act was passed in 1990 to safeguard older workers from being exploited or discriminated against by their employers.
The Act was established to prevent employers from avoiding the Age Discrimination in Employment Act (ADEA) protections by coercing older workers into waiving their rights in exchange for employment benefits.
This act ensures that workers over the age of 40 receive fair and equal treatment in the workplace. It also mandates that employers provide sufficient information to older workers about their rights and benefits, allowing them to make informed decisions.
By protecting older workers from potential abuse and circumvention of ADEA protections, this act promotes a fair and inclusive work environment for all employees.
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(This class is called life management)
A basic decision that you make every day about every day things are known as:
A) Major Decisions
B) Routine Decisions
C) Classic Decisions
D) Life altering decisions
Answer:
B is answers for the question
Explanation:
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Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week and is not complete. She had to quickly go to Atlanta to put the finishing touches on the project. Which qualifications are best being used by Elise to complete her job? O willingness to travel and mechanical knowledge O knowledge of geography and physical stamina O customer service and mechanical knowledge O stress management and willingness to travel
Answer: stress management and willingness to travel
Explanation:
Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.
Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.
Answer:
D, Stress management and willingness to travel.
Explanation:
Edge 2020 <3
an example of a leading indicator is: college enrollment. tariffs. business confidence. unemployment.
The main indicator predicts the probability of achieving a goal, whilst the lagging indicator simply measures the goal.
For example, the share of people wearing challenging hats on a building website online is a leading indicator of security due to the fact it is a predictive measurement.
Is unemployment a leading indicator?The unemployment fee is one of the most dependable lagging indicators. If the unemployment charge rose ultimate month and the month before, it shows that the overall economic system has been doing poorly and may also properly continue to do poorly.
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https://brainly.com/question/28477658#SPJ4On his first day as a police officer, Rudy learned about the importance of rank in the force. Beat officers were the lowest-ranking members, detectives the next level, then sergeants, then lieutenants, and then the captain. When a higher-level police officer issued an order, lower-ranking members of the force jumped. That’s just the way it was, and no one questioned the chain of command. This is an example of the_____________ element of the path–goal theory.
a.leadership style
b.environmental
c.outcomes
d.employee
The given scenario is an example of the environmental element of the path-goal theory.
The path-goal theory proposes that a leader's effectiveness depends on how well they can assist their followers in achieving their goals by providing the necessary support and guidance. The environmental element refers to the external factors that affect a leader's ability to provide such support and guidance, including organizational culture, structure, and policies. In this case, the hierarchical rank structure of the police force is an example of the environmental element, which affects how orders are given and followed within the organization.On his first day as a police officer, Rudy learned about the importance of rank in the force. Beat officers were the lowest-ranking members, detectives the next level, then sergeants, then lieutenants, and then the captain. When a higher-level police officer issued an order, lower-ranking members of the force jumped. That’s just the way it was, and no one questioned the chain of command.
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Video game designers can do visual design or programming.
A.
True
B.
False
company g's revenue has been decreasing steadily throughout the year as the market price of it's product continually drops. in hopes the market price does not decrease any more for fear of having to close their doors, what is the shutdown price? three curves on a coordinate plane.
The shutdown price refers to the minimum price at which a company can cover its variable costs and avoid shutting down in the short run. In this case, the company (Company G) is concerned about the decreasing market price of its product.
To determine the shutdown price, we would need to analyze the three curves on a coordinate plane. However, the details of the three curves and their relationship to the company's revenue and costs are not provided in the question. Therefore, without further information, it is not possible to calculate or determine the specific shutdown price for Company G.
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What does it mean when the feds lower interest rates?
Interest rates are lowered by the Fed in order to boost economic development. Reduced finance costs might entice people to borrow and invest. When interest rates are excessively low, however, they might stimulate excessive growth and perhaps inflation. On the other hand, if growth becomes excessive, the Fed will boost interest rates.
based on the figures from the chart, the income tax rate was most likely raised 10% to account for group of answer choices the higher rate of inflation. the rising costs of education. costs associated with the war effort. costs associated with great society initiatives.
Based on the figures from the chart, the income tax rate was most likely raised 10% to account for the higher rate of inflation.
When there is a higher rate of inflation, the purchasing power of money decreases, causing prices to rise. To offset this inflationary pressure, governments often increase income tax rates to generate additional revenue.
By raising the income tax rate by 10%, the government aims to collect more taxes from individuals and businesses, thereby addressing the financial challenges posed by inflation. This increase in tax revenue can help fund government programs, cover rising costs, and maintain essential services in the face of inflationary pressures.
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which of the following will most likely occur during the contractionary phase of a business cycle? group of answer choices real gdp rises, and the unemployment rate falls. real gdp declines, and the rate of inflation rises. the sales of most businesses decline, and the unemployment rate rises. inflation rises, and employment/population ratio falls.
The majority of businesses report declining sales, and the unemployment rate is rising.
What happens in the contractionary phase of the business cycle?Business activity slows down, unemployment rises, and the economy is in trouble during a contraction.The average length of a recession is one year, though it can be longer or shorter.Following the peak and lasting until the trough, the business cycle enters its contraction phase. Businesses start to slash spending and production-related costs during the contraction phase.As the demand for goods and services starts to decline, workers may be subject to layoffs during the contraction stage of the business cycle. Contraction: The period of time from the peak to the trough is referred to as a contraction.It is a time when economic activity is declining.Indicating that businesses have scaled back their activities are rising unemployment rates, stocks entering a bear market, and GDP growth below 2% during a contraction.To learn more about business cycle refer
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You have commissioned a local survey to see what consumers are most interested in.
Survey Data
78% of survey participants desire a store that offers custom outdoor sports equipment.
9% of participants think an additional coffee shop is needed.
26% of participants say that they purchase coffee on a daily basis.
Based on the survey data, what can be concluded about the market for coffee shops in the area?
According to the survey data, which business likely has the least supply in this town?
Based on the survey data, what can be concluded about the market for coffee shops in the area?
Saturation has been reached.
According to the survey data, which business likely has the least supply in this town?
Shoe stores
Answer: Based on the survey data, which business will most likely see higher consumer demand? - THE SHOE HUT
Based on the survey data, what may occur if an additional coffee shop is opened? - EXCESS SUPPLY
Explanation: i did the assignment on edge
state two reasons why newly born babies are out_doored only after some few days have passed
Answer:
TEMPERATURE, DISEASES, OR EXPOSED TO HARMFUL THINGS OUTSIDE
Explanation:
which team strategy is usually most effective when teams have a high degree of dependence on outsiders
When teams have a high degree of dependence on outsiders, the team strategy that is usually the most effective is to develop external partnerships.
A team strategy refers to the process by which a group of people works together to achieve a common goal.
An external partnership refers to a strategic alliance or relationship between two or more organizations that have similar goals or objectives. This relationship can be formal or informal and is usually based on mutual benefits, trust, and communication. External partnerships offer several benefits to teams, including-
Access to complementary skills and resourcesReduced costs and risks Increased innovation and creativityEnhanced reputation and visibilityImproved communication and collaborationIn conclusion, when couples have a high degree of dependence on outsiders, the team strategy that is usually most effective is to develop external partnerships. This allows teams to work with outsiders to achieve common goals, reduce costs, increase efficiency, access new markets, and leverage complementary strengths.
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despite being a business executive and competitive athlete, jorge is often treated as helpless by people he encounters in his daily life because he is paraplegic and uses a wheelchair. jorge's disability is a(n)
Jorge is a paraplegic who competes in sports and is a corporate executive, but because he uses a wheelchair, people frequently treat him like he is weak. Jorge has a master status impairment.
What exactly does the statement "race is a master position" mean?The phrase "master status" was originally coined by Everett Hughes in 1945, specifically in connection to race, and it was conceptualized as a position that would normally dominate others in social circumstances. Since that time, race and other forms of collective social identity have influenced people's "life scripts" and elevated to significant status in their lives.
What possible effects can such a master status have on a person's personality?If a person has a sickness or disability that assumes a dominating status, they may come to see themselves only as their condition. They might develop a different personality as a result.
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Which factors did you include in your response? Check all that apply.
Option A is not possible, because I do not have enough money saved.
Option B is not a good choice, because it is over my budget.
Option C is the best choice for my budget.
You can choose anything it wont matter
Option C is the best choice for my budget.
Answer:
All of the above
Explanation:
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to increase satisfaction and performance.
Which of the following is true about an Answer?
A. It is the legal response to a Complaint.
OB. You can respond whenever you'd like.
C. It is optional after a Complaint has been made.
D. It means you are pleading guilty.
The statement that is true about an answer is:A. It is the legal response to a Complaint.
What is an answer?An Answer is a formal legal document that is filed in response to a Complaint. It serves as a defendant's response to the allegations made against them in the Complaint.
In the Answer, the defendant can admit, deny, or partially admit or deny the allegations and may raise any legal defenses they have. The filing of an Answer is often a required step in the legal process and is typically subject to strict time limits.
Therefore the correct option is A.
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When preparing the operating activities section of the statement of cash flows using the indirect method, adding a decrease in accounts receivable to net income allows the inclusion of transactions that ______.
When preparing the operating activities section of the statement of cash flows using the indirect method, by adding a decrease in accounts receivable to net income allows the inclusion of transactions that decreased net income but not cash.
What is the operating activities section?Under Cash-flow statement, the operating activities involves the activities of a company in producing and selling its product, generating revenues as well as general administrative and maintenance activities.
There are typically an operating activities section on statement of cash flows that shows inflows and outflows of cash resulting from a company's key operating activities.
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When preparing the operating activities section of the statement of cash flows using the indirect method, adding a decrease in accounts receivable to net income allows the inclusion of transactions that increased cash, but did not affect net income.
What is net income.?Generally, In the context of commerce and accounting, "net income" refers to an entity's income after deducting the cost of products sold, costs, depreciation and amortization, interest, and taxes for a certain accounting period.
When preparing the operating activities section of the cash flow using the indirect method, it is possible to include transactions that enhanced cash but did not affect net income by adding a decrease in accounts receivable to net income.
This is done to account for the fact that net income was not impacted by the transaction.
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Bob and his sister Betty are co-owners of their late parents' business. Bob actively manages the business; Betty supplies capital from her inheritance but does not work in the business. They squabble over the distribution of profits from the business. Bob likely sees his sister as a _____, whereas Betty views her brother as a(n) _____. Group of answer choices predator; parasite co-owner; employee parasite; predator stockholder; manager
Answer: Parasite, predator
Explanation:
Managing businesses isn't an easy task despite it might be going well. On managing business, certain agreement has to be reached such as who finances , manages, and how interests are shared, when all these are well spelled out there would be no room for the other party to feel cheated while the other feels same way too. Betty and her brother feel cheated about each other's input regarding their business because they probably didn't spell out how the business operations would be run, they'll need to sort this out so they don't see each other so again.
there is no shortage of scarce resources in a market economy because
As the prices adjust to eliminate shortages in the market economy, therefore there is no shortage of scarce resources.
What do you mean by Scarcity of resources?In economics, Scarcity refers to whilst the demand for a resource is more than the supply of that resource, as assets are limited.
Scarcity effects customers having to make selections on how best to allocate assets so that they will fulfill all simple wishes and as many desires as possible.
Thus, therefore there is no shortage of scarce resources because prices adjust to eliminate shortages in the market economy.
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which is not a type of utilization management? gatekeepers prescription drug review case management pre-admission certification mandatory second surgical opinion
Gatekeepers, prescription drug review, case management, and pre-admission certification are types of utilization management, while mandatory second surgical opinion is not.
Utilization management is a process used by healthcare organizations to ensure the appropriate and efficient use of medical services. It involves various strategies and techniques aimed at controlling healthcare costs while maintaining quality care.
Among the options listed, gatekeepers, prescription drug review, case management, and pre-admission certification are all types of utilization management.
1. Gatekeepers: Gatekeepers are healthcare professionals, typically primary care physicians, who serve as the first point of contact for patients. They play a role in managing and coordinating access to specialty care and other medical services.
Their involvement helps ensure that patients receive necessary and appropriate care while avoiding unnecessary or duplicative services.
2. Prescription drug review: Prescription drug review is a utilization management strategy that involves assessing and managing the use of medications. It includes activities such as formulary management, prior authorization, step therapy, and medication therapy management.
The goal is to optimize medication utilization, promote cost-effective alternatives, and prevent misuse or overuse of drugs.
3. Case management: Case management is a comprehensive approach to coordinating and managing healthcare services for individuals with complex medical conditions.
It involves assessing patients' needs, developing care plans, coordinating services across different providers, and monitoring outcomes. Case management aims to improve patient outcomes, reduce costs, and enhance the overall quality of care.
4. Pre-admission certification: Pre-admission certification, also known as prior authorization, is a utilization management process that requires obtaining approval from a healthcare insurer before a planned medical service or procedure.
It ensures that the proposed treatment is medically necessary and cost-effective, preventing unnecessary procedures and controlling healthcare expenses.
On the other hand, a mandatory second surgical opinion is not a type of utilization management. While it may be a requirement in certain healthcare systems or for specific procedures, it does not fall under the umbrella of utilization management techniques.
Mandatory second surgical opinion is a policy or practice where patients are required to seek an additional opinion from another surgeon before undergoing certain surgeries.
It aims to provide patients with more information and reduce the potential risks associated with surgical interventions, but it is not directly related to the utilization management process.
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2. How are laws different from ethics?
Unethical behavior does not have consequences whereas illegal behavior does have consequences.
Ethics are a written code of expected behavior whereas laws are loosely accepted social norms.
Ethics involve ambiguities whereas laws do not contain any ambiguities or gray areas.
Ethics are a belief system whereas laws are written rules that support accepted ethical behavior.
The correct answer is: Ethics are a belief system whereas laws are written rules that support accepted ethical behavior.
Ethics and laws are different in nature and serve distinct purposes. Ethics refers to a system of moral principles and values that guide individuals or groups in determining what is right or wrong, good or bad, and just or unjust.
Ethics are subjective and can vary among different cultures, societies, and individuals. They provide a framework for making ethical judgments and decisions based on personal values and principles. On the other hand, laws are formal rules and regulations established by a governing authority to govern behavior within a society.
Laws are enforceable and have legal consequences when violated. They are created to maintain order, protect the rights and safety of individuals, and promote justice in society.
Unlike ethics, laws are objective and apply universally within a jurisdiction, aiming to provide a clear and consistent framework for behavior. While unethical behavior may not always have legal consequences, illegal behavior, which goes against established laws, can result in legal penalties such as fines, imprisonment, or other legal sanctions.
Ethics and laws can sometimes overlap, as laws are often influenced by ethical principles and societal values. However, they are distinct concepts, with ethics providing a broader framework of moral guidelines and laws serving as the enforceable rules within a legal system.
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A time study analyst is attempting to determine the standard time for a work element. She observes a worker performing the work element at a higher-than-average pace. How will this fact b rollocted in the time standard that is eventually croated?
A. The normal time for the work element will be increased.
B. The frequency of the woek element per oyde wit be increased.
C. The performance rating factor will be set groater than 1.0.
D. The proporicn of allowance time will be increased above 1.0.
The time standard will be adjusted by increasing (C) the performance rating factor above 1.0 in response to the worker's higher-than-average pace.
When a time study analyst is determining the standard time for a work element, observing a worker performing the task at a higher-than-average pace will impact the eventual time standard created. This fact will be reflected in the performance rating factor, which is denoted as option C. The performance rating factor is a multiplier applied to the normal time to calculate the standard time. If the worker is performing the task faster than average, the performance rating factor will be set greater than 1.0. This means that the standard time will be reduced to account for the worker's increased efficiency. In conclusion, the time standard will be adjusted by increasing the performance rating factor above 1.0 in response to the worker's higher-than-average pace.
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