Answer: the government rarely intervened in the economy to influence inflation or unemployment rates.
Explanation:
Up until the Great Depression of 1929 to 1932, the government followed a laissez-faire policy where they rarely intervened in the market to influence inflation or unemployment rate.
After the Great Depression and then the second world war, this changed and the Federal government became very active in the economy through fiscal policy and massive government spending enabled the U.S. to surge ahead of other nations in terms of development.
Use the table to answer the question.
2007
2008
Price ($) Quantity
Price ($) Quantity
Video Games 60
100
60
200
Movies 15
20
12
50
The table above gives the prices and quantities for a fictional country that only produces video games and movies. What is the growth rate of Nominal
GDP from 2007 to 2008?
(1 point)
O 6,300
O 12,600
O 200%
O 100%
The growth rate of Nominal GDP from 2007 to 2008 is 100%.
Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.
Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1
Nominal GDP in 2007 = (60 x 100) + (15 x 20)
= $6000 + $300
= $6,300
Nominal GDP in 2008 = (60 x 200) + (12 x 50)
$12,000 + 600
= $12,600
Growth rate = ($12,600 / 6,300) - 1 = 100%
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to implement the marketing concept, a firm must first
Answer:
obtain information about its customers' needs
Explanation:
You must know what your customers' needs are before you try to satisfy them.
Bridgman is a candy maker who uses machines that generate noise and vibration. Sturges is a doctor next door whose consulting room is on the boundary of Bridgman's property and so is affected by the noise and vibration. The court has granted the doctor an injunction that prevents Bridgman from using his machinery. Assume that the transaction costs required for Bridgman and Sturges to get together and bargain are negligible. Based on this information, which of the following statements is correct?
a. Sturges will pay Bridgman to reduce the production level of candies.
b. If the court ruled that Bridgman had the right to produce candies, then Sturges would have had to close his surgery.
c. Bridgman will have to close down his firm.
d. None of the listed answers is correct.
e. The court's role was to establish the initial property rights of the two parties.
Based on this information the correct statement is that the court's role was to establish the initial property rights of the two parties.
The answer to this question is option e.Given that both this doctor and the candy maker have the sole rights to their properties, the property right gives them the right to keep others away from their properties.
If this court is stopping the candy maker from doing business, then the court is against his property right. Therefore the court first had to establish the initial rights here.
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You work for a company that provides payroll automation software to its clients. You are creating a program that will automate payroll tasks for small businesses with few employees. You are on track to meet your deadline for the project, and you anticipate having a lot of money leftover in the project budget. Mid-project, you receive a call from the human resources manager at MakeStuff, a company that will use the small-business payroll software. The manager informs you that MakeStuff has decided to offer its employees a 401k investment option and asks whether the small-business payroll program can automatically manage 401k investments. Currently, the project plan does not include that function, but you believe making the addition would be valuable to your business. You are worried about requesting permission to add this functionality for two reasons. First, the deadline for this project is very close, and it cannot be moved. Second, you have created software that automates flexible savings account management, but you haven't automated 401k investments before, and you know they are more complicated. You must fill out a change order form to request this change. Select the best option for each portion of the form.
a. Purpose of Change
b. Scope of Change
c. Plan for Change
d. Risk Analysis
e. Backout Plan
Answer:
C. plan for Charge or A. Risk analysis
You work for a company that provides payroll automation software to its clients.--------. You must fill out a change order form to request this change. The best option for each portion of the form is: Purpose of Change. Thus option (a) is correct.
What is a company?A company is a natural legal entity or an enterprise that is formed by the association of a group of people. A company can be a commercial or an industrial enterprise and the people in it work together towards achieving a common objective or goal which is basically for profit earnings.
A company has a particular business structure and that can be a sole proprietorship; partnership; limited liability partnership; company or corporation.
You work for a company that provides payroll automation software to its clients.--------. You must fill out a change order form to request this change. The best option for each portion of the form is: Purpose of Change. Therefore, option (a) is correct.
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Brenda, a job applicant at Trade Winds Corp., discovers that the job she is applying for requires her to be a union member before being hired. She also learns that this arrangement is illegal under the National Labor Relations Act. In the context of the security provisions related to union membership, this Trade Winds Corp. has a(n) __________ arrangement.
Based on the information given, it can be deduced that Trade Winds Corp. has a closed shop arrangement.
A closed shop arrangement simply means a place of work where all the employees gave to belong to an agreed trade union.
Under this condition, an employer will only employ the people that are to be part of the trade union. Therefore, it can be seen that Trade Winds Corp. has a closed shop arrangement.
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Professor Patty is very distraught that three students in her class cannot afford to buy the 42- chapter book for the course. The book is used for two semesters, although not all students take the second semester. She finally tells the three students that she will make copies of the first 21 chapters for them, at no charge. Professor Patty makes the copies and gives each chapter to the students prior to her coverage of the relevant chapter in class. If Professor Patty is sued for copyright infringement: __________
a. she wins because the fair use doctrine permits the use of the work for educational purposes.
b. she wins because she is not copying the entire book but only 21 chapters of it and is not making a profit.
c. she loses because by making and distributing the chapters, she is diminishing the value of the book on the national market.
d. she loses because she is copying whole sections and a significant portion of the book.
Answer: C
Explanation:
2. Read the following data from Maria's personal monthly bank statement and answer the questions that follow:
Rent: $850
Groceries: $276.89
Public transportation: $45
Utilities: $135.24
Entertainment: $150.26
a. Enter Maria’s data into a spreadsheet program. Be sure to include proper headings.
b. Maria would like an efficient way to analyze how she spent her money this month. Using the spreadsheet program, create a bar graph representation of her monthly expenses. Briefly describe how you create the bar graph.
c. Based in the bar graph representation, what is one thing you would recommend to Maria in the future?
Answer:
I would recommend C for answer
Research
independent organizations that fund product safety. Name the organization, how much money they make
The cost of holding excess reserves is the interest rate that could have been earned minus the interest rate that is paid on these reserves. If the interest rate is 5% and the interest rate paid on reserves is 2%, the cost of holding on excess reserves is
Answer:
7% because you would have to add 5% with 2%
Explanation:
because you would have to add 5% with 2% and get 7 %
How can the Early Modern English expression "unfold yourself" be paraphrased to better understand its meaning? put your arms up turn around remove your cape explain yourself.
The way the Early Modern English expression "unfold yourself" can be paraphrased to better understand its meaning is:
By explaining the context in which it was used and how it means that a person should reveal himself.This Early Modern English expression is used in the play Hamlet by Shakespeare where a character was wearing a cape and was asked to "unfold himself" which meant to reveal himself.
This is important to note that while this was the original context in which the phrase "unfold yourself" was used, it can also be used to tell a person to be more elaborate about something but evidently means that a person should remove his cape.
With this in mind, this can be paraphrased in this sense:
Andrew, unfold yourself, I need to see who I am speaking to.Therefore, the correct answer is Remove your cape, option C.
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The English modern expression unfolds yourself generally means to explain or elaborate ourselves. The terse lines are given from the Shakespeare play, Hamlet.
The word paraphrased in the hamlet play is used for removing cape rather than explaining yourself.
What are the uses of unfolding yourself?In modern English, unfolding yourself generally refers to revealing something or spread out from a folded state.In the context above, the lines are used from the play Hamlet. In the opening scene of the play, Franciso uses the term 'unfold yourself' which means to remove the cape.
Thus, the correct option is C.
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what is the importance of clay in human life
Answer: Fun Fact: Clay is an important part of soil because it contains nutrients that are essential to plant growth
Explanation:
what are the 4 hierarchical tiers of information in an ipv4 address?
The 4 hierarchical tiers of information in an ipv4 address include the following:
NetworkSubnetHost componentsBased on the given question, we can see that the ipv4 address has to do with the networking components of a system and how they are used in the rerouting of data across a network.
With this in mind, they have hierarchical tiers of information which includes the network that is used, the subnet masking, and the host components.
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__________________ occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
Based on business organization management, Loss of Control occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
What is Loss of Control?Loss of Control is the term used to describe the situation whereby different units of the organization are performing tasks that benefits the units alone rather than a common goal.
Loss of Control can also be likened to a situation where individual workers find it hard to harmonize rules from different top management in the firm or company.
Loss of Control usually occurs as a result of Decentralization.
Hence, in this case, it is concluded that the correct answer is Loss of Control.
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Suppose that there are two countries, A and B, each of which produces two goods, X and Y. The production possibilities frontier (PPF) for each country is linear, with quantities of Y plotted on the vertical axis and quantities of X plotted on the horizontal axis. The PPF for Country A has a vertical intercept of 60 and a horizontal intercept of 60. The PPF for Country B has a vertical intercept of 30 and a horizontal intercept of 15.
Required:
What would be true about Country A?
Answer:
They can produce their goods equally.
Explanation:
Country A can produce their products equally with the available products in hand.
They can produce their goods equally. Country A can produce their products equally with the available products in hand.
What is production possibilities frontier?The Production Possibilities Frontier graph shows all the output combinations of two products that can be produced using the resources and technology in use at the time.
The production possibility curve is based on the following fundamental assumptions: Resources are offered and remain constant. The technology used in the production process remains constant. Technology and resources are fully and efficiently utilized.
The production possibilities curve measures the trade-off between producing one good versus another. Imagine a scenario where a nation produces 20,000 oranges and 120,000 apples. The diagram's point B is that location. If it wishes to cultivate more oranges, it must produce less apples.
Thus, They can produce their goods equally.
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A(n) _______ is a social responsiveness strategy in which a company admits responsibility for a problem but does the least required to meet societal expectations.
A customer owns an ABC Call option. ABC declares a dividend for shareholders on record July 5th. The last day to exercise the option and get the dividend is: A June 30th B July 1st C July 2nd D July 3rd
Based on the information given, the last day to exercise the option and get the dividend is D. July 3rd.
A dividend simply means the distribution of profits by a corporation to the shareholders. It's simply the profit shared with them.
Since the customer owns an ABC Call option and ABC declares a dividend for shareholders on record July 5th, then the last day to exercise the option and get the dividend is July 3rd.
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Discuss the value of technology in business.
Answer:
The vaule of technology in business is very important like the most important of the business because it help keeps tracks of things, save database, and it help the business grow.
Why would a person change their business status to a LLC?
A. To gain tax breaks
B. To limit their personal liability
C. To help obtain funding through the sale of stock
D. Because it is the easiest form for setting up your business
Answer:
A) to gain tax breaks
Explanation:
A common reason for changing a co. to an LLC is to avoid double taxation
Carrie owns a boutique shop that sells decorative, handmade pottery. She's choosing an online ad campaign to allow a seamless shopping experience for her potential customers. What's one benefit that Shopping campaign ads will offer Carrie?
The main benefit that the shopping campaign ads will offer Carrie is that it will help to give detailed information about her product before they click the ads,
Basically, the shopping campaigns ads is a advert placed online or website to attract prospective customer
This ads campaigns help business-owners to promote their products because its gives the users detailed information about what they are selling even before they click on the ad.In conclusion, the main benefit that the shopping campaign ads will offer Carrie is that it will help to give detailed information about her product before they click the ads,
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The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
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Allan borrowed $4200 from his father to buy a car. He repaid him after 4 months with interest of 7% per year. Find the total amount he repaid.
The total amount Allan repaid is $4,297
Allan borrowed $4200
He repaid it after 4 months
The interest incurred is 7%
The total amount Allan can be repaid can be calculated by multiplying the amount he borrowed by the number of months and interest
= 4,200 × (1 + 7/100 × 4/12)
= 4,200 × (1 + 0.07×0.333)
= 4,200 × (1+0.0231)
= 4,200 × 1.023
= 4,297
Hence the total amount he repaid is $4,297
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Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses on factual information c. Common in small businesses d. Limited information on the interviewee's personality Please select the best answer from the choices provided A B C D.
Unstructured Interviews are common in small businesses. Option C is correct.
What is an Unstructured Interview?It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents. Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked. This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.Since in small companies, the work areas of employees are wider than the big corporate.
Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.
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Answer:
it c
Explanation:
yw
Jeff has been a project assistant for XYZ Corporation for five years. Recently he was asked to train Harriet, a new employee. He suggests that she use an Excel worksheet to lay out the projects she is currently working on, and she complies. He is using ________ power.
The power that Jeff is using towards the new employee is known as Expert power.
The term "Expert power" is used in relation to employee's skill.
Expert power refers to a perception that an employee has a higher level of specific skill set that others do not have in the organization.Jeff does possess Expert power because he has great skill set.Therefore, the power that Jeff is using towards the new employee is known as Expert power.
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What is the difference between a job and a profession?
O A job is the work you do and a profession includes the environment you work is
O A job is the work you do and a profession includes your career field
O A job is your career field and a profession includes your work environment
O A job is the environment you work in and a profession includes the work you do
Answer:
O A job is the work you do and a profession includes your career field
Explanation:
What is the chief benefit to using a
Capitalistic economic system where
the government does not interfere
with the operation of the free market
(Supply & Demand)?
A. Society always maximizes its economic surplus and
opportunity.
B. A small percentage of the population takes control
of a large percentage of the available resources.
C. The most educated in society make the most
influential decisions.
Answer: A
Explanation: I had it
The type of research that compares a product or service with a competitor’s is called ?
focus groups
environmental research
market research
market intelligence tools
competitive research
how did consumerism help cause the great depression?
The ideal target market for a firm is the one in which it can profitably generate the greatest customer ________ and ________ it over time.
Answer:
Value; Sustain and Grow
Explanation:
If a bank uses $100,000 to purchase a building for $80,000 and equipment for $10,000, the balance sheet at the end of the transactions will be ______.
Answer:
cash = $10,000, property assets = $90,000, and stock shares = $100,000.
Explanation:
Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of increase is greater and by how much greater it is than the other. (Round your answer to the nearest tenth. ) a. Sales of trench coats increased 0. 7 percentage points faster than total coat sales. B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales. C. Total coat sales increased 2. 5 percentage points faster than sales of trench coats. D. Total coat sales increased 10. 7 percentage points faster than sales of trench coats.
The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.
Computation:
1. The total amount of sales for 2006 and 2007:
[tex]\begin{aligned}\text{Sales of 2006}&=103+297+210+213+137\\&=960\end{aligned}[/tex]
[tex]\begin{aligned}\text{Sales of 2007}&=127+223+210+285+259\\&=1104\end{aligned}[/tex]
2. Now, the percentage increase will be determined for the total number of coats and trench coats:
For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.
[tex]\begin{aligned}\text{Percentage Increase}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{1104-960}{960}\times100\\&=15\%\end{aligned}[/tex]
For the trench coats the values used will be the sale of trench coats in 2006 and 2007.
[tex]\begin{aligned}\text{Percentage Increase in Sale of Trench Coat}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{127-103}{103}\times100\\&=23.33\%\end{aligned}[/tex]
3. Now, the net percentage increase in sales due to the trench coats is computed as follows:
[tex]\begin{aligned}\text{Net Percentage Change}&=\text{\text{Percentage Increase in Trench Coat}-\text{Percentage Increase}}\\&=23.33\%-15\%\\&=8.3\%\end{aligned}[/tex]
Therefore, the correct option is option B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales.
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