Which of the following is a tool or technique of the Define Activities process?
A
Dependency determination
B
Rolling wave planning
C
Estimating
D
Data analysis
Contingency reserves are acceptable risk mitigation for which category of risks?
A
Known unknown risks
B
Unknown unknown risks
C
Known known risks
D
Unknown known risks
Answers
The tool or technique of the Define Activities process is dependency determination. Dependency determination helps identify the relationships and dependencies between different activities in a project. It helps to determine the order in which activities should be carried out and the dependencies between them.
This is important for creating an accurate project schedule and ensuring that activities are executed in the correct sequence.
Rolling wave planning is not a tool or technique of the Define Activities process. It is a method of project planning where detailed planning is done for the near-term activities, while the planning for future activities is done at a higher level.
Estimating is not specifically associated with the Define Activities process. Estimating is a tool or technique used in various project management processes to determine the time, cost, or resources required for completing activities or the project as a whole.
Data analysis is not directly related to the Define Activities process. Data analysis is a broader term that involves analyzing and interpreting data to gain insights and make informed decisions. While data analysis can be used in project management, it is not specific to the Define Activities process.
Contingency reserves are acceptable risk mitigation for unknown unknown risks. Unknown unknown risks are risks that are not known and cannot be anticipated at the time of project planning. Contingency reserves are funds or resources set aside to address unexpected events or risks that may arise during the project execution. They provide a buffer to mitigate the impact of unknown unknown risks on the project.
Known unknown risks are risks that are identified and known but require further analysis and evaluation. Known known risks are risks that are identified and well understood, and appropriate risk responses can be planned for them. Unknown known risks are risks that are known but not recognized as risks initially.
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Related Questions
A scientist wants to measure out liters of a liquid, but she can only find a beaker that measures volume in centiliters. How many centiliters should she measure to equal liters?.
Answers
The correct answer is 1 liter = 100 centiliter0.31 * 100 = 31 31 centiliters = 0.31 liters many centiliters should she measure to equal liters.
One litre is exactly 100.00 centilitres when expressed in terms of volume and capacity. 1000 cubic centimetres make up 1 litre. While 0.001 litres equal 1 cubic centimetre. In the metric system, a centilitre is a unit of volume equal to 10 millilitres or one tenth of a litre. a volume measurement for liquids that follows the metric system. 1,000 cubic centimetres (cc), 1,000 millilitres (mL), or 1.0567 quarts make up one litre (qt). also known as L. The metric unit of volume known as the litre is mostly used to measure liquids. Liters are denoted by the letters "L" or "l". Milliliters are the unit of measurement for smaller liquid amounts (mL). 1000 millilitres make up one litre.
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The right response is 1 liter equals 100 centiliters. 0.31 * 100 = 31 She should measure how many centiliters to make one liter if 31 centiliters equal 0.31 liters.
How does this occur?
When expressed in terms of volume and capacity, one litre is equal to exactly 100.00 centiliters. 1 litre is equal to 1000 cubic centimeters. whereas 1 cubic centimeter is equal to 0.001 litres. A centilitre is a unit of volume in the metric system that is equal to 10 milliliters, or one tenth of a litre. a liquid volume measurement that uses the metric system. One litre is made up of 1,000 cubic centimeters (cc), 1,000 milliliters (mL), or 1.0567 quarts (qt). as well as L. Liquids are primarily measured using the litre, a metric volume unit. Letters "L" or "l" stand in for liters. Smaller liquid amounts are measured in milliliters (mL). One litre is made up of 1000 milliliters.1 liter = 100 centiliter0.31 * 100 = 3131 centiliters = 0.31 litersTo learn more about centiliters here
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Thinking and note-taking Discuss the effects of advertising on your day-to-day life with a partner.
Organize your ideas in the diagram. Use your notes from your brainstorming on topic vocabulary
about advertising in activities 1 and 2.
Opinions
Reasons
Education
Facts / Examples
Answers
The discussion of the effects of advertising on your day-to-day life with a partner is done below:
Opinions: Advertisers try to make people seem miserable if they do not make use of their product.
Reasons: This is seen in the types of ads that are used as bandwagon fallacy is one of the most popular which tells you that since a large number of people are using the product, why should you be left out?
Education: There are different ways of disseminating these adverts and they can be done through TV, billboards, social media, etc
Facts / Examples: A company selling toothpaste can make an advert with the caption, "If 20 million people trust our product, you should too" and then someone with pure white teeth flashes a smile.
What is Advertising?This refers to the creation of awareness for a particular product so that people would come and purchase the product.
Hence, we can see that the discussion of the effects of advertising on your day-to-day life with a partner is done above.
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What was in the sealed box from the Virginia Company in England that the settlers
A opened once they arrived?
B guns and weapons for protection from Indians
C gold
D the names of the seven men who would be the leaders
E a map that showed where the gold was
Answers
Answer:
B
Explanation:
Answer:
The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.
Explanation:
small business firms create many -blank- opportunities that help develop communities as well as the counties economy
it's a type your own answer thing
Answers
Answer: Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations.
1. Describe ways in which individuals you know have developed differently from others .
Answers
Answer:
Key takeaway: Our perceptions are influenced by our individual differences and preconceived notions.
Explanation:
Physical characteristics influence how we perceive and respond to information. You may be asked to design a sign that says, “Watch your head,” which will be placed next to a six foot six inch overhang that is above floor level. While a few very tall people will have to worry about hitting their heads on the overhang, most people in the world are not that tall. Tall and short individuals will perceive this sign differently.
Your psychological state can also influence what you read and listen to, and why you do so. The emergency procedures binder on the wall next to the first aid kit doesn’t mean much to you until a coworker falls and suffers some bad cuts and bruises. If you were asked to design the binder and its contents, could you anticipate a psychological state of anxiety that would likely be present when someone needed the information? If so, then you might use clear bullet lists, concise, declarative sentences, and diagrams to communicate clearly.
Your cultural background plays a significant role in what and how you perceive your world. You may be from a culture that values community. For example, the message across the advertisement reads: Stand out from the crowd. Given your cultural background, it may not be a very effective slogan to get your attention.
Our perceptual set involves our attitudes, beliefs, and values about the world. Perhaps you’ve heard the phrase, “Looking at the world through rose-colored glasses” and can even think of someone as an example. We experience the world through mediated images and mass communication. We also come to know one another interpersonally in groups. All these experiences help form our mental expectations of what is happening and what will happen.
Think about your brand preferences, your choice of transportation, your self-expression through your clothing, haircut, and jewelry—all these external symbols represent in some way how you view yourself within your community and the world. We can extend this perspective in many ways, both positive and negative, and see that understanding the perspective of the audience takes on new levels of importance.
the basic issues or selling points that an advertiser wants to include in an advertising campaign is (are) the
Answers
The fundamental concerns or selling points that a marketer seeks to address in a marketing campaign are the advertising platform.
Marketing is the process of discovering, developing, and delivering value to satisfy a target market's needs for products and services. It may involve choosing a target audience, choosing particular qualities or themes to emphasise in advertising, running advertising campaigns, participating in trade shows and public events, designing products and packaging that appeal to consumers, and defining the terms of sale, such as the purchase price, discounts, warranties, and return policies. The seller, who is often a retailer or manufacturer, is responsible for marketing.
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Jean’s Vegetable Market had the following transactions during 2014: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities? Group of answer choices $21,000 $67,000 $0 $28,000
Answers
Answer:
$21,000
Explanation:
The computation of the cash provided by financing activities is shown below
Cash flows from financing activities
Issue proceeds of common stock $50,000
Less Repayment of 6 year note payable -$22,000
Less: Payment of cash dividend -$7,000
Net Cash provided by financing activities $21,000
The same is considered and relevant
PLEASE HELP ASAP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER
Answers
Answer:
thomas edison: I have not failed. i've just found 10000 ways that won't work
Oprah Winfrey: Live your best life
Orville Redenbacher: Find something you love and do it
Explanation:
Hope this helps.
Answer:
Explanation:
Thomas Edison " What does I have not failed I've just found 10000 way "
Oprah Winfrey " Live your best live"
Orville Redebnarcer "Find something you love and do it"
A goal is defined as the result or success toward which effort is directed.
O True
O False
Answers
Answer:
true
Explanation:
explanation:just trust
What is one way to name a computer document to be able to identify it as the most recent version? Question 14 options: add READ LATER to the end of the file name add your initials at the end of the file name add the date at the end of the file name give the document a completely new name every time it's changed
Answers
Answer:
Adding the date at the end of the file name will be able to identify it as the most recent version.
Under the modified accrual basis of accounting used by a governmental entity, investment revenues for the current period should include
Answers
Modified accrual basis of accounting allows governmental entities to recognize investment income when it is earned, but not to recognize gains or losses until they are realized.
How does modified accrual accounting treat investment income for governmental entities?Under the modified accrual basis of accounting used by a governmental entity, investment revenues for the current period should include all investment income earned during the period, except for any gains or losses on the sale of investments.
This means that when a governmental entity invests in stocks, bonds, mutual funds or other financial instruments, it will receive periodic payments in the form of interest, dividends or other investment income. Such income is recognized as revenue in the current period if it is both measurable and available.
Measurable means that the amount of revenue can be determined with a reasonable degree of accuracy, while available means that the revenue is both collectible and expected to be received within the current fiscal year or soon enough to be used to pay current liabilities.
However, any gains or losses on the sale of investments are not recognized until the investment is sold, at which point they are considered to be realized gains or losses.
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Complete the following sentence. Remember to spell correctly.
When supply exceeds demand, a market
occurs
Answers
Answer:
bear
Explanation:
Answer:
bear
Explanation:
hope this helps ;)
Discuss the need for blood pressure monitoring in regard to hypo-
or hypertension. What is the normal range for blood pressure?
Answers
Blood pressure monitoring is essential for both hypo- and hypertension. Hypertension, or high blood pressure, is a silent condition that can lead to serious health problems, including heart disease and stroke.
Hypotension, or low blood pressure, can cause dizziness and fainting. The normal range for blood pressure is typically around 120/80 mmHg. Hypertension: Monitoring blood pressure is crucial for detecting and managing hypertension. High blood pressure often has no noticeable symptoms but can cause damage to blood vessels and organs over time. Hypotension: Monitoring blood pressure is important in cases of hypo tension as well. Low blood pressure can result in inadequate blood flow to organs and tissues, leading to symptoms such as dizziness, weakness, and fainting. Normal range: The normal range for blood pressure is typically considered to be around 120/80 mmHg. The systolic pressure (top number) represents the pressure in the arteries when the heart contracts, while the diastolic pressure (bottom number) represents the pressure when the heart is at rest.
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our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Answers
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (1) insurance covers prescription drugs and immunizations. David will also be receiving (2) insurance at no cost from his employer.
Options for 1: casualty, health, life
Options for 2: automobile, disability, renters
Answers
Answer:
Health; automobile.
Explanation:
In Insurance, risk tolerance refers to the willingness of an individual or organization to take a risk in business transactions in order to get a potentially positive reward.
Simply stated, risk tolerance in insurance is the willingness of an insured individual to increase his or her Self-Insured Retentions (SIRs) or deductibles by the insurer. For instance, the high risk associated with investments such as stocks, high-yield bonds, is often perceived by investors to be worth the higher reward such investment brings.
Generally, insurance companies across the globe charge millions of their customers (insured) premiums every year. This gives them the privilege of having a pool of cash which can be used to cover the cost of losses and destruction to the asset of a small fraction or percentage of its customers.
This simply means that, since insurance companies collect premium from all of their customers for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
In this scenario, David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s health insurance covers prescription drugs and immunizations. David will also be receiving automobile insurance at no cost from his employer.
Answer:
Health and Disablilty
Explanation:
I just took the test
By adopting a ____, you can look beyond commonly held beliefs to the hidden meanings behind human actions.
Answers
By adopting a sociological perspective, you can look beyond commonly held beliefs to the hidden meanings behind human actions.
The sociological perspective refers to a fundamental premise in sociology that understands the attitudes and behaviors of individuals as being influenced by their social background. All of us are social beings rather than atomistic persons, deeply embedded within particular social settings.
Three major sociological perspectives within the field of sociology include the Functionalist (focus on stability), the Conflict (focus on change), and the Interactionist (focus on interactive relations) perspectives, each of which have different views on the interaction between persons and their social environments.
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if the demand curve for air travel to london is kinked and one firm reduces its price, then
Answers
If the demand curve for air travel to London is kinked and one firm reduces its price, the impact on quantity demanded will depend on the elasticity of demand on both sides of the kink.
In a kinked demand curve model, the demand curve has a sharp bend or kink at a certain price level. This kink arises from the assumption that competitors in the market will match price reductions, but not price increases. Therefore, if one firm reduces its price below the kink, it may not necessarily lead to a significant increase in quantity demanded.
The impact on quantity demanded will depend on the elasticity of demand on both sides of the kink. If the demand is relatively elastic on the more elastic side of the kink, a price reduction by one firm may result in a substantial increase in quantity demanded as customers switch from other firms to take advantage of the lower price. On the other hand, if the demand is relatively inelastic on the less elastic side of the kink, a price reduction may have minimal impact on quantity demanded as customers are less responsive to price changes.
Ultimately, the precise impact of a price reduction by one firm on quantity demanded in the kinked demand curve model will depend on the elasticity of demand on both sides of the kink and the competitive dynamics within the market.
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a dollar today is worth more than a dollar tomorrow if the interest rate is positive. T/F
Answers
The statement "a dollar today is worth more than a dollar tomorrow if the interest rate is positive" is true. This concept is known as the time value of money and is a fundamental principle in finance.
The time value of money refers to the idea that money today is worth more than the same amount of money in the future, due to the potential for that money to earn interest over time. When you invest money, you expect to receive a return on that investment in the form of interest or other gains. The rate of return that you expect to earn on an investment is referred to as the interest rate. For example, if you were to invest $100 today at a 5% interest rate, in one year, you would have $105 (the original $100 plus $5 in interest). Therefore, a dollar today is worth more than a dollar in the future, because the dollar today has the potential to earn interest and increase in value over time. This concept is important in financial decision-making, as it helps individuals and businesses make informed choices about when to spend money and when to save or invest it. For example, if you have the option to receive $100 today or $110 in a year, you would generally choose to receive the $100 today, because it has a higher present value (i.e. it is worth more today than $110 will be worth in a year, assuming a positive interest rate). It's worth noting that the time value of money can work in reverse if the interest rate is negative (i.e. if you expect to lose money on an investment). In this case, a dollar today would be worth less than a dollar in the future, because the potential loss of value would outweigh the benefits of having the money sooner.
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which of the following correctly describes the effect parasites have on their host's population size and on the host itself?
Answers
The effect parasites have on their host's population size and on the host itself is that they may reduce the population size of the host.
Parasites are organisms that rely on a host organism for food and shelter. They may be classified into two categories: ectoparasites and endoparasites. Ectoparasites are parasites that live on the surface of the host's skin, while endoparasites are parasites that live inside the host's body.What is the effect of parasites on their host's population size and the host itself?Parasites may reduce the population size of the host by competing with it for food and shelter.
Parasites are also capable of causing a variety of diseases and illnesses in their hosts. They feed on the host's body fluids, which can lead to malnutrition, weakness, and death.The parasite-host relationship is a complex one. The parasite needs the host to survive, and the host, in turn, relies on the parasite for some benefits. However, the negative effects of parasites on their hosts often outweigh the positive ones, and they can have a significant impact on the host's population size.
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Question 2 of 10
Jeremy doesn't have a lot of money to spend on advertising, but he knows his
target audience are local outdoor enthusiasts. Which type of media format
should Jeremy use to advertise?
A. Local newspapers
B. Billboards on busy streets
C. National television commercials
D. Plane banners
Answers
Answer:
B. Billboards on busy streets
Explanation:
Billboard advertising involves making use of large-scale print advertisements to market a company's products and services. Billboards are strategically mounted in high traffic areas to pass their message to as many people as possible. Busy highways and streets, strategically located buildings are ideal places to put billboards.
Jeremy should consider using billboards for the following reasons.
His clients are local outdoor enthusiasts; he needs to find out their favorite destinations are put billboards along the way. This way, he will capture their attention.Billboards are less costly compared to other advertisement options, such as television or plane banners.Billboards will be effective in his case. Because his clients are local, and billboards remain in place for several days or weeks, his target clients will not fail to spot them.Answer:local news papers
Explanation:
Describe the classifications of consumer products.
Answers
Consumer products are goods and services that are purchased and used by the general public. These products can be classified into different categories based on several factors, such as the level of involvement required by the customer, the frequency of purchase, the price, and the nature of the product.
The classifications of consumer products are as follows:
1. Convenience Products: These are products that are purchased frequently and with little effort. They are low-priced and require little or no research or decision-making. Examples of convenience products include everyday household items such as toothpaste, soap, and milk.
2. Shopping Products: Shopping products are those that require more effort and decision-making from the customer. They are usually higher-priced than convenience products and are purchased less frequently. Customers usually compare different options before making a purchase. Examples of shopping products include clothing, furniture, and electronics.
3. Specialty Products: These are products that are unique and have specific characteristics that differentiate them from other products. They are usually expensive and are purchased infrequently. Customers are willing to go out of their way to find these products. Examples of specialty products include luxury watches, high-end cars, and designer clothing.
4. Unsought Products: These are products that customers do not actively seek out to purchase. They are products that customers may not even know they need until they are presented with the opportunity to purchase them. Examples of unsought products include life insurance, funeral services, and emergency medical supplies.
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In the meeting this week, the Project Management Office (PMO) Director asked if it makes sense to manage all software-related projects, such as the PPM and Strategic Planning software projects (listed below), in one program. Prepare a write-up for the PMO Director that defines and describes program management, the benefits of program management, and the risks, issues, and challenges associated with program management. • Project Portfolio Management (PPM): In this project scenario, you are to implement this software tool in your organization. This tool is a software tool that helps senior leaders in the organization maximize the business value through the selection, optimization, and oversight of project investments. PPM is the centralized management of the processes, methods, and technologies used by project managers, program managers, and the project management office (PMO) to analyze and manage projects. PPM helps the organization better plan resource capacity. At the project and program level, it helps project and program managers manage time, resources, skills, and budgets and related risks and issues. Strategic Planning Software: Just like the PPM project, this project is to implement a tool that helps senior leaders with Strategic Planning. The tool helps leaders bring strategy to life, from formulation to execution, across the organization. It covers a wide range of strategic topics, methodologies, reporting, and other capabilities. The report should contain the following: 600 Words Introduction with the purpose of the report Define program management in relation to project management, and then outline and describe its benefits. Use the 2 projects (the PPM and the Strategic Planning software) as an example. Describe the risks, issues, and challenges associated with program management. .
Answers
Program management offers numerous benefits in managing software-related projects, such as the PPM and Strategic Planning software projects. It aligns projects with organizational strategy.
The purpose of this report is to provide an overview of program management and its relevance to project management. Specifically, it aims to define program management, outline its benefits, and discuss the risks, issues, and challenges associated with managing software-related projects within a program. The report will use the examples of the Project Portfolio Management (PPM) and Strategic Planning software projects to illustrate the concepts. Program management is a strategic approach to managing a group of related projects, collectively known as a program, to achieve specific organizational objectives.
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pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
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Choose the option that best matches the description given.
Providing assistance to people in need through programs is known as ___
services. a mental health b rehab c human
Answers
Answer:
Human services
Explanation:
2 The market price of a share of preferred stock is $22.05 and the dividend is $2.63. What discount rate did the market use to value the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Answers
The preferred stock was valued by the market using a discount rate of 11.93%, indicating the rate at which future dividends were discounted to arrive at the present value of the stock.
Find the discount rate?To determine the discount rate, we can use the dividend discount model (DDM). The DDM states that the value of a stock is the present value of its expected future dividends. In this case, the dividend is $2.63 per share.
The formula for calculating the value of a preferred stock using the DDM is as follows:
Stock Value = Dividend / Discount Rate
Rearranging the formula, we get:
Discount Rate = Dividend / Stock Value
Plugging in the given values:
Discount Rate = $2.63 / $22.05 ≈ 0.1193
Converting the decimal to a percentage, the discount rate is approximately 11.93%.
Therefore, the market used a discount rate of 11.93% to value the preferred stock.
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Which of the following is a disadvantage to Linux?
Olearning curve
O customizability
O cost
Ofreedom
Answers
Answer:
Learning curve
Explanation:
In very rare cases (the depression of the 1930s) the United States has suffered from ______ , when the actual purchasing power of the dollar has increased ...
Answers
Deflation.
In very rare cases, such as during the depression of the 1930s, the United States has suffered from deflation. Deflation refers to a sustained decrease in the general price level of goods and services within an economy. It occurs when there is a decrease in aggregate demand, leading to reduced consumer spending and lower prices. Deflation increases the purchasing power of the dollar, as the same amount of currency can buy more goods and services. This can have significant impacts on the economy, including reduced business profits, increased debt burden, and challenges in stimulating economic growth.
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The transactions of the Blue Spruce Store are recorded in the general journal below.
Accounts Receivable
3,000
Service Revenue
3,000
Cash
3,900
Service Revenue
3,900
Rent Expense
1,800
Cash
1,800
Cash
1,750
Accounts Receivable
1,750
How do I turn these into T-Accounts and compute the balances?
Answers
When given the transactions of Blue Spruce Store and you need to convert them to T-accounts, you need to debit the expenses and assets and credit the revenue.
How to make T-account?You will need to make the following accounts:
Cash account Service revenue accountAccounts receivable accountAll cash entries will be debited to the cash account and if they are for cash sales, they are to be credited to the service revenue account.
Entries that were made on credit will be debited to the Account receivable account and credited to Service revenue. Add the entries to find the balances.
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D owns a Whole Life policy that was purchased 10 years ago. If the premium payments suddenly stop
and D takes no additional action, which Nonforfeiture Option will the insurer likely proceed with?
Answers
Since premium payments have suddenly stop, extended term is the option of the Non-forfeiture that the insurer will likely proceed with.
In assurance, the non-forfeiture clause states that the insured party will receive full benefits or partial refund of premiums after a lapse due to non-payment of premium as at when due.
The extended term is a option under non-forfeiture provision which uses the existing cash value to purchase term insurance on the life polic.
In conclusion, Since premium payments have suddenly stop, extended term is the option of the Non-forfeiture that the insurer will likely proceed with.
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If prices in the current year are higher on average than in the base year, real gdp in the current year ______ nominal gdp in the current year.
Answers
If prices in the current year are higher on average than in the base year, real GDP in the current year will be lower than nominal GDP in the current year. This is because nominal GDP represents the total value of goods and services produced in a country during a given period of time, using the current market prices, while real GDP adjusts for inflation by using constant prices from a base year.
If prices in the current year are higher than in the base year, the nominal GDP will reflect the increase in prices and will be higher, but the real GDP will account for the change in prices and will be adjusted accordingly. This means that the real GDP will be lower than the nominal GDP, as the latter includes the effect of inflation, while the former does not.
Therefore, it is important to look at both nominal GDP and real GDP when analyzing the economic performance of a country, as they provide different insights into the state of the economy. While nominal GDP reflects the current market prices and can be used to compare different periods, real GDP provides a more accurate picture of the economic growth, as it adjusts for changes in prices over time.
When comparing GDP in the current year to the base year, we need to take into account the impact of inflation on prices. If prices in the current year are higher on average than in the base year, real GDP in the current year will be less than nominal GDP in the current year.
Nominal GDP represents the value of all goods and services produced in an economy, without adjusting for inflation. Real GDP, on the other hand, is adjusted for inflation, meaning it takes into account the change in prices over time. This allows us to compare GDP figures from different years more accurately.
In your scenario, since the prices are higher in the current year, the nominal GDP will be inflated due to these higher prices. By adjusting for inflation, real GDP will remove the effect of price changes, resulting in a lower value compared to nominal GDP. Therefore, when prices in the current year are higher on average than in the base year, real GDP in the current year is less than nominal GDP in the current year.
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