The opportunity cost to manufacture an additional good will rise as you expand the production of one good, according to the law of increasing opportunity cost.
What is Law of increasing opportunity cost ?First, keep in mind that opportunity cost, or what is given up when a decision is taken, is the worth of the next-best alternative.
An economic principle known as the law of growing opportunity cost states that when resources are allocated to the production of each new alternative unit, opportunity costs rise. This may happen when businesses with limited resources must decide between producing two different products.
According to the law of growing opportunity cost, as an economy progresses along its production possibilities curve toward producing more of a specific good, the potential cost of increased production will rise.
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discuss the positive value of zoning regulations for individual developers operating in markets that depend upon oversubscribed municipal services, or that depend upon neighborhood character and existing compatible uses to sustain the value and revenue on existing properties.
Zoning restrictions can serve to support the long-term success and stability of communities by providing clarity, predictability, and protection for neighbourhoods and municipal services.
Individual developers operating in markets where municipal services are overcrowded or where neighbourhood character and existing suitable uses are critical for sustaining the value and revenue of existing properties might profit significantly from zoning laws.
One of the primary advantages of zoning restrictions is that they give developers with clarity and certainty. Zoning regulations define the sorts of land use permitted in certain places, which can assist developers in making educated decisions about where to construct, what types of projects to pursue, and how to fund such projects. This may minimise ambiguity and risk in the development process, making it simpler for developers to obtain finance and move projects ahead.
Furthermore, zoning restrictions can aid in the management of demand for overburdened municipal services such as water, sewage, and roads. Zoning restrictions can assist guarantee that new development does not create excessive demand on existing infrastructure and services by regulating the sorts of development that are permitted in specified regions. This can assist to guarantee that essential services are available and dependable for all people and businesses, therefore preserving a community's quality of life and economic viability.
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in general, there are three different types of tax systems: progressive, regressive, and flat tax systems. the existing rodosian system imposed on individual (personal) taxpayers is an example of a
There are three different types of tax systems: progressive, regressive, and flat tax systems.
What are these tax systems ?Progressive Tax System: In a progressive tax system, the tax rate rises as the amount subject to taxation rises. Accordingly, people with greater earnings will pay a larger percentage of their income in taxes than people with lower incomes. The term "progressive" tax system refers to a tax system in which the tax rate rises progressively as income rises.Regressive Tax System: In a regressive tax system, the tax rate drops as the amount subject to tax rises. Accordingly, people with lower earnings will pay a larger percentage of their income in taxes than people with higher incomes. In this kind of tax structure, the tax rate is gradually reduced.Flat Tax System: A flat tax system is a tax system in which the tax rate is the same for all taxpayers, regardless of their income level. This means that everyone pays the same percentage of their income in taxes, regardless of how much they earn. In this type of tax system, there is no progressive or regressive aspect, hence the name “flat” tax system.To know more about taxpayers , check out :
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ben sells housewares through his website and app. what are two ways that ads can fuel his business goals and help him achieve his objectives? (
The two ways that ads can fuel the business goals and help Ben achieve his objectives are Targeted ads and Retargeting ads.
1. Targeted Ads: Targeted advertising allows Ben to target a specific demographic that would be more likely to buy his home goods. This can be done using data collected through analytics on its website and app to narrow down who the most likely customers would be.
2. Retargeting Ads: Retargeting ads are a great way for Ben to increase conversions and sales. These ads are based on websites someone has recently visited and allow Ben to target those customers who have already shown interest in his home goods. This helps remind customers to come back and shop at Ben's and also increases brand awareness.
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7. a person who favors government ownership of industries and a strong government in directing the economy would best be labeled as a
The easiest way to describe a strong government that controls the economy is as socialist .
What kind of mechanism is employed by the government to control specific production factors?In command economies, the government addresses the three economic issues of "what to produce," "how and where to produce it," & "for whom it should produce it."In many cases, authoritarianism, socialism, & communism are associated with command economies.
What does it mean to be a socialist?This is a political ideology and movement that encompasses a variety of systems of economics and society that place a focus on democratic control, including such worker self-management, in as opposed to private possession. Socialism is characterized by democratic control of the means for production.
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if your specific purpose is: to report to my manager about the status of my teams project then you are likely giving a(n) speech.
Based on the statement "if your specific purpose is: to report to my manager about the status of my teams project then you are likely giving a(n) speech" is refers to team leader.
In the term of business and organization, A team leader generally can be defined as a person that guidance and instruction to a working group about a project or portfolio of projects. Team leader has several roles and contribution through the team. Team leader have to charge of delegating work and overseeing progress towards goals. Beside that, team leader also have to coaching team members to do some instruction and achieve goals.
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What measures the pace of inflation or deflation?
The cost of this basket at a specific time expressed relative to a base year is measured by the consumer price index (CPI), the most popular inflation indicator. Contrarily, consumer price inflation quantifies the percentage change in the CPI over a specific time period.
What are inflation and deflation?The rate at which prices increase over a specific time period is known as inflation.
Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.
When asset and consumer prices fall over time while purchasing power rises, this is known as deflation.
In essence, you can spend the same amount of money now on more products or services tomorrow.
This is the polar opposite of inflation, which is the generalized rise in prices.
The consumer price index (CPI), the most commonly used indicator of inflation, measures the cost of this basket at a given moment stated relative to a base year.
Consumer price inflation, on the other hand, measures the percentage change in the CPI over a given period.
Therefore, the cost of this basket at a specific time expressed relative to a base year is measured by the consumer price index (CPI), the most popular inflation indicator. Contrarily, consumer price inflation quantifies the percentage change in the CPI over a specific time period.
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his is a brainstorming question. suppose you want to develop a tool to help companies improve visibility and traceability in their supply chains. what functions should the tool have? what major components the tool will need to make it powerful and convenient to use? what technology can be used to support each function?
Regarding investments in technology, international SCM is so far behind. All buyers and suppliers are subject to this. a supply chain's transparency can be improved in 4 ways: connect systems, carefully with all parties involved, Make use of data while mapping operations.
Automated systems and robots
Inside the supply chain, robotics having long been employed to transport items and supplies, transfer them across warehouses, even complete orders.
How can technology support the operations of the supply chain?
Using technology to supervise supply chains has benefits and drawbacks.
an improvement in supply chain connectivity.
Processes in the supply chain are more efficient.
Enhanced Supply Chain Visibility Transparency.
The Internet of Things (IoT).
Both 5G and Starlink.
Chains of supply using blockchains.
Machine learning and AI.
Robotics and automation.
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which business financial statement is used primarily to look at how a company has been doing over time and predict how it might do in the near future?
The primary business financial statement used to look at a company's performance over time and predict its future performance is the Balance Sheet.
The Balance Sheet provides a snapshot of a company's financial position at a specific point in time. It lists the company's assets, liabilities, and shareholder equity. By analyzing changes in these categories over time, an analyst can gain insight into a company's financial performance, including its profitability, solvency, and liquidity. This information can be used to predict future performance and identify trends that may impact the company's success.
It is important to note that the Balance Sheet should be considered in conjunction with other financial statements, such as the Income Statement and Cash Flow Statement, to gain a complete picture of a company's financial performance and future prospects.
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cotb mc qu. 2-21 (algo) assume (1) estimated fixed manufacturing overhead... assume (1) estimated fixed manufacturing overhead for the coming period of $222,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. the predetermined plantwide overhead rate for the period is closest to:
To determine the predetermined plantwide overhead rate, we need to first estimate the total manufacturing overhead for a given period, and then divide it by the estimated direct labor-hours worked for the same period.
The predetermined plantwide overhead rate is used to allocate the total estimated manufacturing overhead costs to each unit of production based on its direct labor-hours. Given the following information:
(1) Approximated fixed manufacturing overhead of $222,000 for the next period
(2) Approximated changeable production costs of $2.00 per direct labor hour
(3) Actual producing goods overhead of $320,000
(4) Approximated direct labor-hours to be ended up working in the next period of 55,000 hours
First, we need to calculate the estimated total manufacturing overhead costs for the coming period. To do this, we add the estimated fixed manufacturing overhead of $222,000 to the estimated variable manufacturing overhead, which can be calculated by multiplying the estimated variable overhead rate of $2.00 per direct labor hour by the estimated direct labor-hours of 55,000 hours:
Estimated total manufacturing overhead = $222,000 + (55,000 * $2.00) = $222,000 + $110,000 = $332,000
Next, we divide the estimated total manufacturing overhead by the estimated direct labor-hours to calculate the predetermined plantwide overhead rate:
Predetermined plantwide overhead rate = $332,000 / 55,000 = $6.04
So, the closest predetermined plantwide overhead rate for the coming period is $6.04.
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you purchased a car in 2010 for $25,000. the value of the car decreases by 14% annually. describe and correct the error in finding the car's value in 2015.
The finding in the car's value in 2015 if it was purchased in 2010 at $25,000 will be $18,000 considering depreciation.
What is depreciation?The accounting technique of spreading out the cost of a tangible item over its useful life is known as depreciation. The amount of depreciation shows how much of an asset's worth has been utilised. By purchasing assets over a predetermined length of time, it enables businesses to generate income from the assets they own. The initial cost of ownership is substantially lower because businesses don't have to account for them totally in the year that assets are bought. Long-term assets may also be depreciated by businesses for accounting and tax purposes. Machinery and equipment are expensive assets. This enables a business to depreciate an asset over time, especially its useful life.
Value= $25,000- $7,000= $18,000
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if boeing's management decided to keep all production in america, what do you think the effect would be on the company, its employees, and the communities that depend on it?
There would be more jobs in the US, more skilled workers, and the prices of airplanes and airplane tickets would go up.
What determines prices?
Calculating prices refers to figuring out how much it costs to deliver services and sell commodities on the open market. The forces of supply and demand set prices in a free market.
The government doesn't meddle in how the prices are set. But occasionally, the government could become involved in setting the pricing. For instance, the minimum selling price for wheat has been set by the government.
One of the most significant elements that determine pricing is product cost. It comprises all of the expenses related to the product's manufacture, distribution, and sale, including fixed costs, variable costs, and semi-variable expenses. Fixed costs are expenses that never change regardless of the level of output or sales. such as rent, wages, etc.
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unsystematic risk: group of answer choices cannot be avoided if you wish to participate in the financial markets. is measured by beta. is related to the overall economy. can be effectively eliminated through portfolio diversification. is compensated for by the risk premium.
The concept is Un-systematic risk, risks that are not shared with a wider market or industry. The answer is option D.
Also known as diversifiable threat, unsystematic risk represents the portion of investment threat that can be virtually reduced or excluded through diversification. It's the portion of total threat that's unique to a establishment, assiduity, or property.
While investors may be suitable to anticipate some sources of unsystematic threat, it's nearly insolvable to be apprehensive of all pitfalls.
Unsystematic threat, when it comes to investing in stocks — can be considered unsystematic friction. That's calculated by abating methodical friction from the total friction.
Question:
Unsystematic risk is:
A) can not be avoided if you wish to share in the fiscal requests.
B) is compensated for by the threat decoration.
C) is measured by beta.
D) can be effectively excluded through portfolio diversification.
E) All of the below.
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elizabeth is an accountant for a large company and works out of her house. she uses e-mail, videoconferencing, and other technologies to communicate with her co-workers at the office. someone who works from home using these technologies is said to
Elizabeth is an accountant for a large company and works out of her house. she uses e-mail, videoconferencing, and other technologies to communicate with her co-workers at the office. someone who works from home using these technologies is said to be telecommuting or working remotely.
Telecommuting is a work arrangement that allows employees to work from a location outside of the office, typically from their home or a remote location, using technology such as computers, laptops, smartphones, and videoconferencing tools to communicate with co-workers and complete their job responsibilities.
This type of work arrangement has become increasingly popular in recent years as technology has advanced, making it easier for people to stay connected and productive from remote locations. It offers several benefits, such as flexibility, cost savings on commuting, and the ability to work in a comfortable and familiar environment.
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the accounts for all revenues and expenses over an accounting period. a. balance sheet b. statement of cash flows c. annual report d. income statement
An (D) income statement or profit and loss account also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, etc.
What is the income statement?An income statement or profit and loss account, also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations, is one of a company's financial statements that lists the company's income and expenses for a given time period.
It describes the process by which the revenues, or "top line," are converted into net income or net profit (the result after all revenues and expenses have been accounted for).
By examining the income statement, managers and investors can establish whether a company made a profit (profit) or suffered a loss (loss) during the reporting period.
Therefore, an (D) income statement or profit and loss account also referred to as a profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, etc.
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What did the New Jersey Plan argue for?
The answer is, William Paterson's New Jersey Plan, the Virginia Plan's rival, aimed to equalize state participation in a unicameral legislature.
How would you define law?Making laws for a nation is the responsibility of the legislative branch of government. In democracies, the citizens of the nation elect individuals known as lawmakers to serve on legislatures.
In a government, what does a legislature do?Legislative. The House and Senate, jointly known as the Congress, make up the legislative branch of government. The legislative branch also has the authority to declare war, create all laws, manage taxation and spending, and regulate interstate and international trade.
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whenever a written agreement under the statue of frauds contains a serious and obvious typographical error parol evidence is inadmissible to correct the error true or false
It is true that whenever written agreement under the statue of frauds contains serious and obvious typographical error parole evidence is inadmissible to correct error.
What is an agreement?In legal jargon, the term "agreement" refers to a promise, commitment, or set of reciprocal commitments that serve as consideration for the parties to a contract. When the party to the agreement to whom the offer or proposition is made grants his or her acceptance in this regard for mutual consideration, the offer is deemed to have been accepted and becomes a promise. This means that with regard to their respective rights and obligations with regard to the fulfilment of commitments in the past or future, the parties to the agreement must concur on the same thing in the same sense as it was intended. When someone indicates to another person their willingness to take on a responsibility in exchange for a promise, act, or abstain, they are making an offer.
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other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet? a. the company issues new common stock. b. the company gives customers more time to pay their bills. c. the company repurchases common stock. d. the company pays a dividend.
A) Other things being equal, a corporation issuing new common stock would raise the amount of cash on its balance sheet.
What exactly is common stock?Common stocks are essentially ownership shares. These are the equities that the majority of people invest in on the stock market or public exchange. You may be eligible for dividends if you own common stock or a share, and if the firm does well, you may receive a portion of the earnings.
Shareholders can also vote on major corporate decisions. As a result, common stocks have a lot of value aside from money: if you can influence who runs a huge corporation, you have the capacity to make some real-world changes.
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which of the following statements is true of trial by jury? group of answer choices juries are used in a large percentage of all cases. the right to trial by a jury is preserved in civil suits at common law when the amount in controversy exceeds $20. all states require a unanimous jury decision in civil cases where the amount in controversy exceeds $75,000. a jury has to consist of 12 persons. juries are only used in criminal cases.
The following statements are true of trial by jury The right to trial by a jury is preserved in civil suits at common law when the amount in controversy exceeds $20. option (B) is correct.
A jury trial, or trial by jury, is a genuine technique wherein a jury makes a decision or revelations of the real world. It is perceived from a seat preliminary wherein an adjudicator or leading group of judges makes all decisions. Jury preliminaries are used in a basic part of certified hooligan cases in various yet not all standard regulation lawful systems.
There is an established right to a jury preliminary for serious offenses — those that convey an approved sentence of over a half year of detainment, no matter what the real punishment forced.
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This question is not complete , Here I am attaching the complete question:
Which of the following statements is true of trial by jury?
Group of answer choices
(A) juries are used in a large percentage of all cases.
(B) the right to trial by a jury is preserved in civil suits at common law when the amount in controversy exceeds $20.
(C) all states require a unanimous jury decision in civil cases where the amount in controversy exceeds $75,000.
(D) a jury has to consist of 12 persons. juries are only used in criminal cases.
0: a stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. what is the dividend yield per stock share per year?
The dividend yield per stock share per year is 8.35%.
This is calculated by taking the total annual dividend payments ($8.40 per share) and dividing it by the current share price ($85 per share). This figure can be expressed as a percentage by multiplying the result by 100.
The dividend yield is an important metric for investors to consider when deciding whether to purchase a stock. It provides a way to measure the return on investment in a stock, which can be used to compare different stocks and make an informed decision about which stock to purchase.
A higher dividend yield generally indicates that a stock pays out more dividends per share, which can provide a higher return on investment.
Additionally, a higher dividend yield can also signal that a company is financially healthy and has a steady stream of earnings. For these reasons, dividend yield is an important consideration for investors when making investment decisions.
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fatima purchased a new mattress when it was on sale. the sale price was 33% less than the regular price. if the sale price was $370, what was the original price?
560 was the original price.
What was the original price?Original cost is the sum spent to purchase an object at its outset. This cost is taken into account to cover the costs of purchasing the item, transporting it to the location where it will be utilized, installing it, and testing it. Sales taxes and other levies are also a part of the original cost. The marked price or list price is the amount that appears on a product's label. This is the price that the product will be sold for. But this price might be discounted in some way, and the product's real selling price might be less than the advertised price.
Let x be the original price
27% off
original price minus discount = new price
x - .27x = new price
.73x = new price
.73x = 409
Divide each side by .73
.73x/.73 = 409/.73
x=560.2739726
To the nearest dollar
x = 560
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Go Lite, a maker of outdoor gear, integrates the_______________________ into its mission, which is to offset 100 percent of its environment footprint.
Go Lite, a maker of outdoor gear, integrates the natural dimension into its mission, which is to offset 100 percent of its environment footprint.
What is environment footprint?
An environment footprint is also known as ecological footprint takes into account the entirety of supply and demand of goods and services for the planet.
The results of the environmental footprint are given in the number of “planet earths” it would take to support humanity if everyone follows the estimated lifestyle.
Go Lite, a maker of outdoor gear, integrates the natural dimension into its mission, which is to offset 100 percent of its environment footprint.
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The toyota mirai is a hydrogen fuel cell vehicle which has zero emissions and a 300 mile driving range. furthermore, the mirai creates no greenhouse gas emissions in the break down of the vehicle which makes the mirai an excellent example of?
A 300-mile driving range and zero emissions are features of the Toyota Miraa hydrogen fuel cell vehicle. Additionally, the Miraa is a great example of green marketing because it emits no greenhouse gases during car breakdown.
What do the "4 P's" of green marketing stand for?The four secondary components of the green marketing mix Influence Panasonic electronic goods purchases in some small way. Price, location, promotion, and the product itself are the factors that influence purchases in that order.
What do green marketing goals entail?Green marketing serves a variety of purposes, including preventing waste by using biodegradable materials (i.e., those that can be broken down by biological processes), developing goods that preserve rather than hurt the environment, and informing the general public through eco-friendly advertising.
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true or false: for tax purposes, the direct write-off method of handling uncollectible accounts receivable is required
The immediate write-off method of managing uncollectible accounts receivable is necessary for tax purposes.
In order to ensure that taxpayers are paying the proper amount of tax at the proper time and obtaining the proper tax allowances and tax reliefs, tax compliance refers to both policy actions and individual behavior. A tax is a mandatory financial charge or other sort of levy that is placed on a taxpayer by an administrative body to pay for certain public expenditures and administrative costs. Paying late and avoiding or retaliating against taxation are both legal violations. Taxes can be direct or indirect and can be paid in cash or in the equivalent in effort. Most countries have a taxing system in place,
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a firm is thinking of hiring an additional worker to their organization who can increase total productivity by 100 units a week. the cost of hiring him is $1,500 per week. if the price of each unit is $12, a. the mr of hiring the worker is $1,500 b. the mc of hiring the worker is $1,200 c. the firm should not hire the worker since mr < mc d. all the above
The firm should not hire worker since MR < MC can increase the total productivity by 100 units week.
What is productivity?Productivity is a measure of how efficiently anything is produced, whether it be a good or a service. The most prevalent instance is that of the (aggregate) labour productivity index, with GDP per worker as one example. The decision between them depends on the goal of the productivity assessment and/or the availability of data. There are many various definitions of productivity (including some that are not specified as ratios of output to input). When determining a ratio-type measure of productivity, the major source of variation between different productivity measures is frequently tied (directly or indirectly) to how the outputs and inputs are combined. The production performance of businesses and countries is greatly influenced by productivity. Increasing productivity can also aid firms in making more money.
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a new fitness company called jump athletics receives a trademark for its brand name. the trademark received by jump athletics is a
"Trademark" which gives the company exclusive rights to use the name "Jump Athletics" for commercial purposes in connection with the goods and services identified in the trademark registration.
What is trademark?A trademark is a sign, word, or phrase that has been legally registered and is recognised as identifying a specific company, brand, or product. Trademarks are used to differentiate one company's goods and services from those of another and are given by a government agency such as the United States Patent and Trademark Office (USPTO). Trademarks, which can include logos, phrases, or other distinguishing aspects, help to protect a company's reputation and brand identity. Trademarks are usually valid for ten years, although they can be renewed indefinitely as long as they are used in commerce. They can also be sold or licenced for usage by others. Trademarks play a vital role in consumer protection and ensuring fair competition in the marketplace.
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which of these feature debt securities or instruments with maturities of one year or less?
Money Market Instrument is the feature of debt securities or instruments with maturities of one year or less.
What money market instruments are used in India?Treasury Bills, Commercial Bills, Repurchase Agreements, Commercial Papers, Certificates of Deposit, Banker's Acceptance, and MMMFs are examples of money market instruments in India. Money market instruments can be traded in the money market at a cheap cost and vary in degree of liquidity.
What do money market instruments serve as?Private and public institutions that require short-term financing for their working capital needs can benefit from the use of money market instruments. Discounting the trade bills through commercial banks, brokers, discount houses, and acceptance houses provides these cash.
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regional state bank is a member bank of the federal home loan bank. in exchange for mortgage collateral, regional state bank received a loan from the fhlb so it can make additional loans to consumers. what is the loan called that regional state bank received?
The regional state bank was given the loan. a progress (A collateralized mortgage obligation).
Describe a mortgage.A mortgage is the act of pledging something as security or collateral for a loan. You can come across the term while looking for secured loans. Any form of home loan is typically a secured loan. Property belonging to the borrower must be pledged as security to the lender. By giving the lender security in the form of an immovable asset, such as a house or other piece of real estate, you can obtain funds with a mortgage loan. Until you pay the debt, the lender retains the asset. A mortgage can be taken out to finance the purchase, building, or renovation of a home. the house.
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The management dilemma is always a problem, not an opportunity.a. trueb. false
The management dilemma is always a problem, not an opportunity is false
What is the management dilemma in research process?This process can be thought of as the management-research question hierarchy. The process begins at the most general level with the management dilemma, a symptom of an actual problem, such as rising costs, declining sales, or a large number of defects, or emerging behaviors, attitudes, etc. that signal an opportunityA management dilemma is a problem or opportunity that arises that requires a decision by the business leaders in a position to make the decisions. Typically the management dilemma begins the process of researching the problem or opportunity and leadership making a final decisionThe management dilemma is usually a symptom of an actual problem, such as: Rising costs. The discovery of an expensive chemical compound that would increase the usefulness of a drug. Increasing tenant move-outs from an apartment complex.
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a company's triple bottom line represents which aspects? (choose every correct answer.) multiple select question. people planet privacy production profit politics
Answer:profit,people,planet
Explanation:
The company's triple bottom line represents profit, planet, and people.
The term Triple Bottom Line in a business context refers to a company's commitment to focusing on three aspects, which are: people, planet, and profit. These represent the social, environmental, and economic impacts respectively.
'People' considers how a company affects its employees, consumers, and community. 'Planet' is concerned with environmental sustainability and how the company minimizes its negative impact. Lastly, 'Profit' measures the economic value the company contributes, including revenues, economic impact, and jobs supported.
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which discipline studies the economy as a whole or its basic subdivisions or aggregates? multiple choice question. normative economics microeconomics macroeconomics positive economics
C: Macroeconomics is the discipline that studies the economy as a whole or its basic subdivisions or aggregates.
Macroeconomics is the discipline that studies the economy as a whole or its basic subdivisions or aggregates. It focuses on the overall functioning of the economy and how it impacts individuals and society. Macroeconomics examines macroeconomic variables such as inflation, unemployment, gross domestic product (GDP), and trade balances. It also analyzes macroeconomic policies such as monetary policy and fiscal policy and how they influence the overall economy.
Macroeconomics is concerned with the aggregate level of economic activity, rather than the behavior of individual consumers or firms. It is a positive science that uses empirical data and economic theory to analyze economic phenomena and make predictions about future economic trends.
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