fred gets paid today. he expects a paycheck of $5. he has 8 shares ibm stock in the cookie jar at home with a current price of $1 each. he buys widgets at the store and usually they cost $1 each. his plan is take his paycheck, 25% of the stocks, which he will sell for $1 each, and buy 7 widgets. it turns out all prices doubled today. widgets are now $2, his paycheck is $10, and his stock is worth $2 each. he is still going to use all of his paycheck and 25% of his stock to buy widgets. how many widgets will he buy?

Answers

Answer 1

Fred, who has 8 shares of IBM stock in the cookie jar at home with a current price of $1 each, is expecting a paycheck of . He usually purchases widgets for $1 each from the store.

However, today, all prices have doubled. Widgets are now $2, his paycheck is $10, and his stock is worth $2 each. Regardless, he plans on using all of his paycheck and 25% of his stock to purchase widgets. Fred has $5 of the paycheck, and he can sell 2 shares of his stock (25% of 8 shares) for $2 each. $2 x 2 shares = $4 total.

Thus, Fred has a total of $9 ($5 + $4) to purchase widgets.(number of widgets that Fred can purchase = (total money that Fred has) / (cost of each widget))Now we have, the total money that Fred has is $9, and the cost of each widget is $2.$9 ÷ $2 = 4.5 widgets Therefore, he can buy only 4 widgets.

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Related Questions

Define ''limited in stock''

Answers

Answer:

Explanation:

it means that the product wont be around aymore since its limited to retailer?

"Unethical digital ads are those that guarantee or promise something for the consumer but end up being misleading or deceptive". 1. Some people say that even uninformative advertising is beneficial to consumers and the economy. Evaluate this argument.(15 Marks) 2. Why is advertising to children particularly troubling to ethicists? (10 Marks)

Answers

Some people say that even uninformative advertising is beneficial to consumers and the economy. Evaluate this argument.Advertising in general has both negative and positive effects.

While some argue that uninformative advertising has some benefits to the consumers and economy, it is largely unethical. Ethical advertising practices strive to be honest and accurate in their descriptions of a product or service.

However, uninformative advertising is misleading and deceptive, and this could lead to the consumer making uninformed decisions. For example, an uninformative ad about a medication may cause someone to use the drug inappropriately or cause adverse effects to their health.

Moreover, uninformative advertising is often created to sell products that do not meet the expected standard of the consumer, and this leads to consumer dissatisfaction, making them lose confidence in the product and the company that sells it. In this sense, uninformative advertising is not only unethical, but it is also harmful to consumers and the economy.

2. Advertising to children is a controversial topic. Ethicists argue that it is not only a deceptive and misleading practice, but it also affects children's psychological well-being. Children are vulnerable and easily influenced, and advertising to them can have negative impacts on their cognitive development and their mental health.

Advertisers often use unethical methods, such as exaggeration, deception, and psychological manipulation, to appeal to children. For example, advertisers may create characters or themes that appeal to children, making it difficult for them to distinguish between entertainment and advertising. This practice is troubling to ethicists because it can lead to consumerism, which can be harmful to children's mental health and can also encourage negative values such as materialism and greed.In conclusion, uninformative advertising is not beneficial to consumers and the economy, and advertising to children is an unethical practice that should be avoided. Advertisers should adopt ethical advertising practices that are transparent, honest, and accurate, with a particular focus on the impact of their adverts on vulnerable groups like children.

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Select the correct answer from each drop-down menu.
Under which categories of expenses do the given items fall?
Salaries paid to employees are a business’s _ expenses, whereas the business’s travel costs fall under the category of _expenses.

A. marketing
B.Advertising
C.Administartion

A.Selling
B.Operational
C.Production

Answers

Answer: Administration and operational are correct

Explanation:

Answer:

C and A!

Explanation:

Read the tutorial: "Administration expenses include general and administrative expenses needed to perform business functions. For example, this category includes salaries paid to employees" and "Examples of expenses (selling expenses) under this category include travel expenses for employees,"

Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?

Answers

Answer:

The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.

Explanation:

The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person

What is the insurance?

Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.

($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.

Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.

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Suppose your boss has asked you to write a letter to a client about a problem with their order. What format of writing would you use, and what kind of style would you use to write? justify your response. << read less.

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Dear, my boss says that letters to clients should begin with "To," the recipient's name. The date should appear in the letter's header. Begin with a quick summary. Keep your voice casual and polite during the introduction.

What writing style would you employ, and what format would you choose?

I would compose the letter in a compelling manner. Because it involves a client, this letter qualifies as a business letter, so the format should reflect that. It is as follows:

Your firm name and address or letterheadLetter's date of writing.Name and address of the clientIntroductionParagraphs for the letter's bodyThe company you work for and your name

There are four primary types of letter writing: expository, persuasive, descriptive, and narrative. Now, because you are writing to the client about an issue with their order, it is neither fiction nor creative writing, thus it cannot be a narrative.

Since the person already knows the thing he ordered, it cannot be descriptive because it is not intended to describe in detail the person's order. Additionally, it cannot be explanatory because the purpose of this is not to inform the client about the order he placed.

The employee is attempting to persuade the customer as to why there is a problem with the delivery of his order, so this approach would be persuasive.

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Take a breath. You just launched your own business called Hasty Bytes Data Services, but you suddenly realize that you may not be in compliance with all of the necessary laws and regulations. You specialize in data storage and protection, but you provide a host of additional services related to the technology sector. You’re a small startup, and you only have seven employees, but the business is already registered and operating.

Answers

The five legal topics will be contract law, property law, employment law, and trade secrets law. Information on such topics as contracts, patents and trademarks, taxes, employee compensation issues and management policies can be included.  

What should be the legal plan of the business?

The legal plan will include five main topics that describe the primary areas of the law that might impact the business. An example of a topic could include a description of property rights, and an example would be "a description of the property or product," which states what exactly is covered. The next topic would be employment law, which would cover employee benefits and any other aspect of employment agreements.

Another example in this area might be "whether or not employees are considered 'partners'". This example answers whether or not employees could be considered partners. Next is tech law, which includes many areas such as data protection and privacy, copyright and IP rights, and social media use and regulation.

The last focal point in this plan is corporate tax law which includes what needs to be done on a financial level about paying taxes.

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The question is incomplete, the full question probably was:

Take a breath. You just launched your own business called Hasty Bycomplys, but you suddenly realize that you may not be in compliance with all of the necessary laws and regulations. You specialize in data storage and protection, but you provide a host of additional services related to the technology sector. You’re a small startup, and you only have seven employees, but the business is already registered and operating. Your questions to your lawyer will To run the business from a legal standpoint. In order to prepare for the meeting, you want to create a short plan. The plan needs to cover the relevant sections of law that you’ll discuss with your lawyer in other words, aspects of contract, property and employment law, along with anything else that may have an impact on the business, such as the company’s position in the tech sector. Write down a few words on what you already know about each area so that your lawyer has something to work with. Be sure to ask questions that touch on all areas of the law that are likely to have an impact on your business and to include examples where appropriate.

Prepare a comprehensive plan for your meeting that covers at least five different legal topics of concern to your business and provide information on them, including at least three examples.

The demand for financial capital increases when _________________ increases

Answers

The demand for financial capital increases when investment opportunities increase.

This is because businesses need financial capital in order to make investments and expand their operations. As more investment opportunities become available, the demand for financial capital also increases. This is a basic principle of economics, as businesses need financial capital in order to grow and take advantage of new opportunities.

In addition, the availability of financial capital can also impact the level of investment opportunities in an economy. If financial capital is scarce, businesses may not be able to access the funds necessary to take advantage of profitable opportunities, which could limit economic growth

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Henry invests money in an account paying simple interest. no money is added or removed from the investment. to find the balance after a year he multiplies his current balance by 1.052. what percent simple interest does the account earn per year?

Answers

To find out what percent simple interest the account earns per year, we can use the formula:
I = Prt


where I is the interest earned, P is the principal (initial investment), r is the interest rate, and t is the time in years.
Since no money is added or removed from the investment, we can assume that the principal remains the same. Let's call the principal amount "x".
After one year, Henry multiplies his current balance by 1.052, which means:
1.052x = x + I
where I is the interest earned. We can simplify this equation to:
0.052x = I
Now we can substitute this value of I into the formula for simple interest:
0.052x = Prt
0.052x = x * r * 1
0.052 = r
Therefore, the account earns a simple interest rate of 5.2% per year.

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During the 2021 tax year, Ben, a resident tax payer, received salary income of $38,000. He had no allowable deductions. He also had tax instalments (PAYG) withheld from his salary of $8,500. Required: Calculate her tax payable or refundable (Ignore Medicare)

Answers

To calculate Ben's tax liability, we first need to determine his taxable income. Since he had no allowable deductions, his taxable income will be equal to his salary income of $38,000.

Next, we need to apply the appropriate tax rates to his taxable income to calculate his income tax liability. For the 2021 tax year, the tax rates for residents are as follows:

0% on the first $18,20019% on taxable income between $18,201 and $45,00032.5% on taxable income between $45,001 and $120,00037% on taxable income between $120,001 and $180,00045% on taxable income over $180,000

Based on Ben's taxable income of $38,000, his income tax liability can be calculated as follows:

0% on the first $18,200 = $0

19% on taxable income between $18,201 and $38,000 = $3,572

Therefore, Ben's income tax liability for the 2021 tax year is $3,572.

However, we also need to take into account the tax installments (PAYG) withheld from his salary of $8,500. This means that Ben has already paid $8,500 toward his tax liability for the year.

To determine whether he will receive a refund or have to pay additional tax, we can compare the amount of tax he has already paid ($8,500) to his actual tax liability ($3,572).

Since the amount he has already paid ($8,500) is more than his actual tax liability ($3,572), he will be eligible for a refund of the excess tax paid.

Therefore, Ben's tax refund for the 2021 tax year will be $4,928 ($8,500 - $3,572).

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Waylon is back-to-school shopping with his mom at a large
department store. He's picked out the following items: 3 pair of
pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1
hoodie for $26, 1 pair of shoes for $37. When they get to the
register, they see this sign:
BIGGEST BACK TO SCHOOL SALE OF THE SEASON
Spend $100
Spend $200
Spend $300
Spend $400
Save 10%
Save 15%
Save 20%
Save 30%

Answers

Waylon's Purchase will cost $198.05, and section B depends.

Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.

What's your guys' favorite thing about Chrollo?

Answers

Answer:

I really like how he

Explanation:

yea

ummmmmmmmmmmmmmmmmmmmmmmmmm

I need help with this

I need help with this

Answers

Answer:

B. Someone new contributes money to the company, becoming an owner.

Explanation:

Common stocks or shares represent a portion of the company. Ownership of a share means owning a part of the company. Shares are also known as equity.

A company issues common stocks when it wants to raise additional capital. Anyone buying shares is contributing capital to the business. They become owners of the business or shareholders as popularly known. They are issued with share certificates and are entitled to dividends.

employees rarely arrive and leave exactly on the quarter hour so it would make sense to round employee arrival times to the nearest quarter hour?
A. False
B. True
Please be right

Answers

false !!!!!!!!!!!!!!!!!
it is false for sure

What modification options are available in Design view of a report? Check all that apply.
align fields
o change text color
change the header title
create a query from scratch
o rename the underlying table
change the background color

Answers

Answer:

A,B,C,F

Explanation:

Modification options are available in Design view of a report are -

a. Align fields

b. Change text color

c. Change the header title

e. Rename the underlying table

f. Change the background color

What is modification?

Modification is the action of modifying something.

What is a design?

Design is a plan or drawing produced to show the look and function or workings of a building, garment, or other object before it is made.

What is a report?

A report is a document that presents information in an organized format for a specific audience and purpose.

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A bank that has just opened should have assets ______ its liabilities and net worth.

Answers

A bank that has just opened should have assets Equal to its liabilities and net worth.

What are assets and liabilities of a

Bank?

Assets are items that the bank owns. This includes loans, securities, and reserves. Liabilities are items that the bank owes to someone else, including deposits and bank borrowing from other institutions.

A balance sheet is an accounting tool that lists assets and liabilities. An asset is something of value that is owned and can be used to produce something. A liability is a debt or something you owe.

Therefore for a bank that has just opened, it should have it's assets equal to its liabilities and networth.

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Kidda Corporation is a Kingston-based manufacturer of automobile parts. In early January 2020, the company acquired land and a building to be used as the company's new head office. Kidda Corp issued a $ 2 million, five-year non-interest-bearing note to the seller. Payment is to be made in five equal instalments of $ 400,000 at the end of each year. As a result of a depressed real estate market, the fair value of the building cannot be readily determined. However, it has been ascertained that, given Kidda Corp's credit rating and market conditions, an interest rate of 9% would properly reflect the substance and credit risk of the negotiated payment schedule. Other information: 1. One-third of the total value of the acquisition is attributable to the land. 2. The building is expected to have a useful life of 25 years. 3. Throughout the year, Kidda Corp incurred maintenance costs of $ 87,000 and paid them in cash. 4. A parking lot was built at a cost of $ 100,000 cash. The work was completed on July 1 and is expected to have a useful life of 10 years. Required: Prepare all journal entries that are required to record the above events and transactions. Round all values to the nearest dollar.

Answers

Here are the journal entries for the given transactions:

To record the acquisition of land and building:

Land                                        $666,667

Building (not determinable)                  $1,333,333

Non-interest-bearing note payable            $2,000,000

To record the first year's payment on the non-interest-bearing note payable:

Non-interest-bearing note payable            $400,000

Interest expense                             $180,000 ($2,000,000 x 9%)

Cash                                         $220,000 ($400,000 - $180,000)

To record maintenance costs incurred during the year:

Maintenance expense                          $87,000

Cash                                         $87,000

To record the construction of the parking lot:

Parking lot                                  $100,000

Cash                                         $100,000

Depreciation Expense:

To record depreciation expense for the building:

Depreciation expense                          $53,333 ($1,333,333 / 25)

Building                                     $53,333

To record depreciation expense for the parking lot:

Depreciation expense                          $10,000 ($100,000 / 10)

Parking lot                                   $10,000

Note: The interest expense is calculated by multiplying the outstanding balance of the non-interest-bearing note payable by the market interest rate of 9%.

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5. Which of the following defines a short-term goal? (1 point) Otasks that you set to accomplish specific things in a short period of time Otasks that must be completed for a job performance evaluation Otasks that you must complete that require time and planning that usually take 12 months or more to complete Otasks that you think you need to accomplish in the future but need to start working on now

Answers

A short-term goal is defined as: A. tasks that you set to accomplish specific things in a short period of time.

What is a Short-Term Goal?

A short-term goal is a specific and achievable task or objective that a person sets out to accomplish within a relatively short period of time, usually less than a year.

These goals are intended to be completed quickly, helping individuals to move closer towards their long-term aspirations and provide a sense of progress and accomplishment. Short-term goals are often the building blocks towards larger, more significant achievements, and can help individuals stay motivated and focused on their overall objectives.

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Pleaseee help
P
L
E
A
S
E

Pleaseee helpPLEASE

Answers

Answer:

What should I help dude

Prepare a dialogue on the topic Possibitics of Rural Tourism in Nepal "​

Answers

...Sky-Dive... creates new social and economic opportunities, awareness, improve the quality of rural life, and promote sustainable development of communities.

When communicating a complex idea, what is most important?

Answers

Answer:

You will need to present the information with exciting points and in an organized fashion.

Explanation:

Answer:

You will need to present the information with exciting points and in an organized fashion.

Explanation:

The average price of milk per gallon was $2.26 in 1995 and $3.09 in 2010. The consumer price index was 152.4 in 1995 and 218.1 in 2010. Therefore, the real price of milk in 2010 expressed in 1995 dollars was $_____. (Give your answer rounded to two decimal places.)

Answers

The real price of milk in 2010, expressed in 1995 dollars, was approximately $2.17. This adjustment accounts for inflation by dividing the nominal price in 2010 by the inflation rate between 1995 and 2010.

To calculate the real price of milk in 2010 expressed in 1995 dollars, we need to adjust the nominal price of milk in 2010 for inflation using the Consumer Price Index (CPI). Here's how to calculate it:

1. Calculate the inflation rate between 1995 and 2010:

Inflation Rate = (CPI in 2010 - CPI in 1995) / CPI in 1995

CPI in 1995 = 152.4

CPI in 2010 = 218.1

Inflation Rate = (218.1 - 152.4) / 152.4

Inflation Rate = 0.4303 or 43.03%

2. Adjust the nominal price of milk in 2010 for inflation:

Real Price in 1995 Dollars = Nominal Price in 2010 / (1 + Inflation Rate)

Nominal Price in 2010 = $3.09

Real Price in 1995 Dollars = $3.09 / (1 + 0.4303)

Real Price in 1995 Dollars ≈ $2.17

Therefore, the real price of milk in 2010 expressed in 1995 dollars was approximately $2.17.

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Consider the extended IS-LM model discussed in the course.
How should monetary policy respond to offset the effect of the
higher risk premium on the equilibrium level of output?
Assume that there is n

Answers

The monetary policy should aim to decrease interest rates to counteract the higher risk premium and stimulate the equilibrium level of output.

In order to offset the effect of a higher risk premium on the equilibrium level of output in the extended IS-LM model, monetary policy should respond by implementing measures to decrease interest rates. When there is an increase in the risk premium, it leads to a rise in interest rates, which can have a dampening effect on investment and overall economic activity. By reducing interest rates, monetary policy can stimulate borrowing and investment, thus increasing aggregate demand and output.

Lowering interest rates can be achieved through various monetary policy tools such as open market operations, where central banks purchase government securities, injecting liquidity into the economy. This increase in money supply reduces the interest rate. Another tool is the adjustment of the reserve requirements that banks must hold, allowing them to lend more and decrease interest rates. Additionally, central banks can use forward guidance, which involves signaling to the market that interest rates will remain low for an extended period, thus influencing expectations and encouraging borrowing and investment.

By implementing these measures, monetary policy can help offset the negative impact of a higher risk premium on the equilibrium level of output. Lower interest rates encourage investment, which leads to an increase in aggregate demand and economic activity. This, in turn, helps to counteract the initial dampening effect of the higher risk premium and supports the economy in achieving a more desirable output level.

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how do changes to the federal funds rate affect the inflation rate?

Answers

The Federal Reserve, the central bank of the United States, uses changes in the federal funds rate to influence inflation.

When the Federal Reserve raises the federal funds rate, it makes borrowing more expensive for banks, which in turn raises interest rates for consumers and businesses.

This decrease in spending can help slow down the economy, reducing demand and potentially lowering inflation. Conversely, when the Federal Reserve lowers the federal funds rate, it makes borrowing cheaper, which can stimulate spending and increase demand, potentially leading to higher inflation.

However, the relationship between changes in the federal funds rate and inflation is complex and can be affected by many other factors.

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A monopolistic competitor is similar to a monopolist in that:
Multiple Choice
O both produce the output at which long-run average cost is at a minimum.
O both have market power.
O both earn positive economic profit in the long run.
O All of these options are correct

Answers

A monopolistic competitor and a monopolist share the characteristic of having market power. Option B.

Market power refers to the ability of a firm to influence the price or quantity of a product in the market. Both monopolistic competitors and monopolists have the ability to exert some control over their selling price due to the differentiated nature of their products.

However, the other options listed are not correct:

Monopolistic competitors do not produce output at which long-run average cost is at a minimum. In monopolistic competition, firms often produce at a level where they have excess capacity, meaning they are not operating at the minimum point of their long-run average cost curve.

Both monopolistic competitors and monopolists do not necessarily earn positive economic profit in the long run.

While monopolists can earn long-term economic profits due to their control over the market, monopolistic competitors operate in a more competitive environment where economic profits tend to be eroded by competition. In the long run, monopolistic competitors may earn zero economic profit as firms enter or exit the market in response to economic conditions.

In summary, the key similarity between a monopolistic competitor and a monopolist is their possession of market power, allowing them to influence prices and differentiate their products. However, the other options regarding production at minimum average cost or long-run economic profits are not applicable to both types of firms. So Option B is corrct.

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The key characteristics of the growth stage of the product life cycle include which two of the following?
Declining profits
Increasing competition
Rising sales
Marketers stimulate primary demand

Answers

The growth stage of the product life cycle is marked by rising sales and increasing competition. The correct option is B

During this phase, marketers focus on stimulating primary demand by increasing brand awareness and expanding the customer base. They may also introduce product variations or improvements to sustain sales growth.

However, while sales are increasing, profits may decline due to factors such as increased marketing and production costs. It is important for companies to manage their resources efficiently and continue investing in research and development to stay ahead of the competition.

The growth stage is a critical period for a product's success as it sets the stage for the eventual decline stage. Companies that are successful during this phase can reap significant profits and establish a strong market position for their product.

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If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate

Answers

Answer:

total labour= 40m

unemployement rate= 1000000/40000000*100%= 2.5%

Explanation:

Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration

Answers

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.

What is immigration?

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

Good governanceSecurityBetter living conditions.WorkJobsSocial amenities

What is a foreign direct investment?

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

l

Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

What role does credit and debit play in spending strategies?

Answers

Answer:

Explanation:

Credit can help build or decrase your credit score which affects things in the future like getting a nice house or car. People with poor spending habits tend to have a low credit score making it harder to get loans too(since the bank wont trust you ). Debit is just  a fee you pay making it a bit easier since you dont have a credit score

A production possibilities curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost A. decreases B. remains constant C. increases D. increases at first and then decreases Capital Goods Origin Consumer Goods

Answers

The correct answer is C. A production possibility curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost increases.

A production possibilities curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost increases. This is because resources are not equally efficient in producing different goods, so as more of a good is produced, resources that are less well-suited for producing that good must be used, resulting in a higher opportunity cost.

Therefore, the production possibilities curve shows that to produce more of one good, society must give up an increasing amount of the other good. This is true whether the goods being produced are capital goods or consumer goods.

This is because resources are not equally efficient in producing different goods, and as more resources are allocated to one good, the opportunity cost of producing additional units of that good increases. The shape of the curve reflects the increasing opportunity cost.

This concept is often illustrated with a production possibility curve that shows the trade-off between producing capital goods (used to produce other goods) and consumer goods (goods for immediate consumption). As more capital goods are produced, the opportunity cost of producing additional units of consumer goods increases, and vice versa.

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Which entry would appear as a credit on the seller's closing statement?
(a) Documentary stamp tax on the deed
(b) Recording the mortgage
(c) Purchase price
(d) Abstract continuation

Answers

The entry that would appear as a credit on the seller's closing statement is the option (c) purchase price.

The seller's closing statement is a document that outlines the financial transactions involved in the sale of a property. It provides a detailed breakdown of all the expenses and credits associated with the transaction. In this case, the purchase price is considered a credit because it represents the amount of money the seller will receive from the buyer as part of the sale.

The purchase price is typically the largest credit on the closing statement. It is the agreed-upon amount between the buyer and the seller for the sale of the property. The seller will receive this amount, minus any deductions or expenses, as the final proceeds from the sale.

In summary, the entry that appears as a credit on the seller's closing statement is the purchase price. This represents the amount of money the seller will receive from the buyer after deducting any expenses or credits associated with the sale. It is important to carefully review the closing statement to ensure accuracy and understand the financial implications of the transaction.

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