Gdp or gross domestic product is the sum total of all economic activity for a given year. question 2 options: true false

Studying how a student allocates his/her period between school and video games is an example of Microeconomics.

Microeconomics is a subfield of traditional economics that examines how people and businesses behave when deciding how to distribute scarce resources and how these people and businesses interact. Microeconomics, as the prefix suggests, examines the economy on a small scale, such as the financial choices made by individual people.

Following are some illustrations of microeconomics: how a neighborhood business chooses to spend its money. how a city chooses to use an excess of government funds. The following are the top three ideas in microeconomics: Demand elasticity. marginal demand and utility. availability flexibility. Microeconomics is the study of how people, households, and businesses make decisions and distribute resources. It mainly pertains to markets for products and services and addresses both personal and financial concerns.

Hence,  Studying how a student allocates his/her period between school and video games is an example of Microeconomics.

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The correct answer is spoils system.

The spoils system, also known as the patronage system, is a process where the political party that wins an election rewards its election campaign workers and other active supporters by appointing them to government jobs and providing them with other favors.

President Andrew Jackson, a Democrat, introduced the spoils system. "To the victor goes the spoils" meant that the party in power owned every government position.

Due to the spoils system, persons with political clout may hold influential positions in the government regardless of their degree of expertise or experience, which increased both the likelihood of corruption and the inefficiencies of the administration.

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The statement that the degree of a relationship is the number of attributes that are associated with it is FALSE.

The degree of a relationship is a measure of how many occurrences in one entity that are considered linked to the amount of occurrences in another entity.

The degree of a relation is the number of attributes that are associated with the entity and not the degree of a relationship.

In conclusion, this statement is false.

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Business Economics  is the field of economics that deals primarily with the factors that determine wage rates, employment, and unemployment

It is a field of both business and economics that deals with both the micro and macro aspect of the economics with the mix of the management involved in it.

It involves both the wage rates and employment and unemployment issues with the business activities and the management at all levels to consider the policies and procedures to be implied in the organisation. It also decides the income and wage expansion accordingly.

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No, the jewelry company cannot continue to be that successful, as social media is part of our culture and allows interconnection.

Around 80% of the business executives think that it is very important to invest additional resources in social media marketing. As social media can make big brands feel welcoming and accessible.

Even small businesses, who are just starting can take benefit of social media to reach larger audiences while also engaging local, and loyal  customers and followers. So in order to be successful, a jewelry company should do social media marketing.

Hence, social media is great for promotion and marketing.

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The law of demand illustrates an Inverse relationship between price and Quantity demanded.

It has downward sloping and negative relation.

Increase in price will decrease the quantity demanded and vice versa

Option (a) is incorrect as there is inverse relationship not direct.

Option (c) is incorrect as there is relationship of price and quantity demanded not demand.

Option (d) is incorrect because there is no direct relation  with the price and demand.

The law of demand illustrates an inverse relationship between price and the quantity demand.

Quantity demanded is defined as quantity demanded at particular price whereas demand refers to the different quantities at different prices that consumer is willing to buy

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Answer:

The correct answer is B

Explanation:

Th total due will be $4,025

the required solution about  loan discount is mentioned below

(One percent of the loan amount is one point. 3.5% of $115,000, or $115,000 x.035 = $4,025, is three and a half points (one and a half and two).

How Do Origination Fees Work?

An advance charge made by a lender to process a fresh loan application is known as a mortgage origination cost. The charge is payment for carrying out the loan. In the United States, loan origination costs are typically between 0.5% and 1% of a mortgage loan. They are given as a percentage of the entire loan.

Origination fees, often known as "discount fees" or "points," are charges for services like processing, underwriting, and funding. This is especially true when they amount to 1% of the total amount borrowed.

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As an investment banking agent, you might invite the client to a road show where the company's management would discuss business ideas and provide them the preliminary prospectus.

A Preliminary Prospectus is what?

A company files a preliminary prospectus, which is a first draft registration statement, before initiating an initial public offering (IPO) of its securities. The paper, which was submitted to the Securities and Exchange Commission (SEC), aims to enlighten potential shareholders on the operations, leadership, strategic plans, financials, and ownership structure of the company. The preliminary prospectus requests expressions of interest in the upcoming issue. The client may also receive an invitation to a road show along with the preliminary prospectus.

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Answer:

What? Silly , silly American, supports silly Ukraine, Ukraine. Bad and poor country. With silly beautiful girls witches

In the circular flow model, households sell resources to, and buy products from Firms.

The Circular Flow Model shows how firms in the market interact with households. It shows how households are able to sell resources such as capital and labor to firms.

Firms then use these to produce goods and services which are then sold as products to the households.

In conclusion, households buy products from firms in the Circular Flow Model .

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A global environmental scan, marketing research, and judgments based on experience will determine the extent of standardization or customization that global marketing programs will have.

This is further explained below.

Generally, Standardization is the process of establishing and defining technical standards based on the agreement of several stakeholders including corporations, users, interest groups, standards bodies, and governments. Standardization may also be spelled as standardization.

In conclusion, The degree of uniformity or customization that will be included in global marketing programs will be determined by doing a global environmental scan, conducting marketing research, and making judgments based on previous experience.

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$13,377.2 billion ÷ $12,958.5 billion) × 100 = 103.2 the importance of the GDP deflator between 2005 and 2006.

In general, calculating real GDP is accomplished by separating nominal GDP from the GDP deflator (R). For example, if an economy's prices have risen by 1% since the base year, the deflating digit is 1.01. If nominal GDP was $1 million, then actual GDP is estimated as $1,000,000 / 1.01, or $990,099.

Nominal GDP is derived by bearing the current year's quantity output by the current market cost.

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The account earned+ 6.6 % per year.

You make a deposit when you add money to your bank account. to create savings and generate interest, you ought to put money in a bank. For money you'll withdraw at any time, a requirement deposit is made.

A certificate of deposit is an investment for the long term. once you take out a loan, you'll also pay a deposit as collateral.When you deposit money, you place it during a checking or savings account.

The minimum monthly deposit required from the customer is $100. an individual or item is put or left somewhere when they are deposited there.

What is deposit and withdrawal?

If you're wondering what's the difference between a deposit and a withdrawal, the reality is that they are exact opposites: A deposit is money put into a bank account for safekeeping until you need it. A withdrawal is money that's taken out of your account.

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All of the following about this transaction is true, except if C were disabled, his beneficiaries would receive $70,000, less any outstanding interest charges.

An insurance policyholder and an insurer or assurer enter into a contract for life insurance under which the insurer agrees to pay a predetermined beneficiary a certain amount of money in the event that the policyholder dies. Other occurrences, like critical illness or terminal illness, may also result in payment, depending on the terms of the contract. Benefits from life insurance policies may be used to assist with final expenses after your death. Funeral or cremation expenses, uninsured medical expenses, estate settlement costs, and other unpaid debts may fall under this category. Generally, you are only permitted to withdraw money from the policy up to the number of premiums already paid tax-free. Usually, you must pay taxes on any sum that exceeds the premiums you have already paid.

Note that the full question is:

C has a $100,000 traditional whole life insurance policy with a $30,000 cash surrender value. He applies for and receives a $10,000 policy loan from the insurer. All of the following about this transaction are true, except:

-the loan carries a fixed or variable interest rate

-if the policy is surrendered, C would receive $20,000 less any outstanding interest charges

-If C died, his beneficiaries would receive $90,000, less any outstanding interest charges

-If C were disabled, his beneficiaries would receive $70,000, less any outstanding interest charges

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A medium containing known substances in precise amounts is known as a defined media.

While differential medium is used to differentiate between different types of organisms, selective medium allows the growth of a specific type of microorganism. Because of this, selective media differ from differential media 30 to 300.

Selective medium typically favors the growth of a desired organism while inhibiting the growth of undesirable organisms or killing them off completely. Differential media makes use of the biochemical traits of the target organisms, frequently resulting in a noticeable shift when the target organisms are growing.

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A manager and employee agree on precise performance goals, and then a strategy is created to help them be achieved. This approach is known as management by objectives (MBO).

Having an effective control system aids in achieving goals. Planning, organizing, leading, and controlling are the four primary management activities that have replaced and replaced Fayol's functions over time.

In contrast, managers work to apply procedures like organizational structuring and budgeting in order to attain organizational goals. Managers must make judgments to employ resources economically and effectively in order to meet market goals and objectives.

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Participants of the dc real property fee: time period limit. A member can't serve for extra than 2 consecutive, full three-12 months phrases until the courtroom makes a special exception.

Consecutive refers to matters that are arranged or show up in sequential order. A criminal who serves a consecutive sentence does time for one conviction after any other.

Consecutive periods of time or events take place one after the other without interruption. The Cup was won for the third consecutive yr via the Toronto Maple Leafs. Synonyms: successive, strolling, following, succeeding extra Synonyms of consecutive.

Consecutive comes from the Latin consecutus, which means "following closely" without a gap. similar to the snowstorms — one typhoon came about each day, lower back to back, for 5 days in a row. Consecutive numbers also observe every difference or boost inside the proper order. as an example, 5, 6, 7, eight, 9, and 10 are consecutive numbers.

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The following scenarios are microeconomic:

A team of three partners starts a new ad agency

A laid-off worker enrols in job re-training

The following scenarios are macroeconomic:

the inflation rate rises, Nationwide,

new housing construction declines for the third month in a row.

Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic variables that affect the whole economy. These economic variables include as inflation, unemployment, GDP and growth rate.

Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources

Here is the complete question:

Place the appropriate label to classify each scenario as either microeconomic or macroeconomic.

A team of three partners starts a new ad agency,

A laid-off worker enrolls in job re-training

the inflation rate rises, Nationwide,

new housing construction declines for the third month in a row.

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Government regulations require publicly traded firms to provide information, reducing the adverse selection problem. (option b)

Adverse selection is one of the effect of information asymmetry. Information asymmetry is when one of the parties to a transaction has more information than the other party.

Adverse selection is when either the buyer or the seller has more information about a product and uses this information to their advantage.

For example, a publicly traded firms is undergoing is unprofitable. If they were not required to provide information, there is the possibility that they would be able to deceive potential investors into thinking they are profitable. When investors invest, they would earn losses on their investment.

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If you comprehend the doable distinction (V) in volts utilized in a circuit and the work (W) in joules achieved over the length which it is applied, the cost in coulombs, Q = W / V.

Three approaches electrons can be transferred are conduction, friction, and polarization. In each case, the complete charge stays the same. This is the law of conservation of charge. Conduction takes place when there is direct contact between substances that differ in their capability to provide up or be given electrons.

Charge switch is the switch of electrons that occurs when an electron relocates from an atom or molecule to a unique such entity. For this, one object have free electrons or a tendency to lose electrons and the different objects must have an affinity for the electron. Charge transfer.

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Including the testing of hypotheses

In statistics, hypothesis testing is the process by which a population parameter assumption is put to the test. Depending on the type of data used and the goal of the research, the analyst will choose a certain approach.

Utilizing sample data, hypothesis testing is a method used to determine whether a hypothesis is tenable. Such information could originate from a bigger population or a data-generating process. In the following descriptions, "population" will be used to refer to both of these scenarios.

A statistical sample is tested by an analyst during hypothesis testing with the aim of demonstrating the plausibility of the null hypothesis.

By measuring and reviewing a representative sample of the population under study, statistical analysts can evaluate a theory. Every analyst employs a random population sample to test the null hypothesis and the alternative hypothesis.

A null hypothesis may declare, for instance, that the population means the return is equal to zero. The null hypothesis is typically an equality hypothesis for population parameters. A null hypothesis is effectively the opposite of the alternative hypothesis (e.g., the population means the return is not equal to zero). They cannot both be true because they are mutually exclusive.

Therefore, one of these two hypotheses will be true.

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Net Income flows from the income statement to the statement of retained earnings.

The balance sheet is balanced when net income from the income statement, less any dividends paid, is transferred to the retained earnings column. Additional connections- Long-term debt on the balance sheet is used to determine interest expenditure on the income statement.

Net income: In commerce, Net Income is the amount of cash left over on balance costs, like salaries and wages, the value of commodities or raw materials, and taxes, are paid. Net Profit is the amount that an individual keeps after paying taxes, insurance premiums, and retirement contributions.

Net Income flows from the income statement to the statement of retained earnings.

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The existence of cash is always relevant, and valuation may not be a relevant assertion for the cash account with an instant cash payment basis.

Any kind of business-to-business or some business-to-consumer account that is accredited on an instant payment basis, with no credit or valuation being granted, is referred to as a cash account.

In a cash account, the investor must pay the entire price for any securities they wish to purchase.

Any transaction on a cash account must be paid in full of sufficient funds on the settlement date. Cash accounts are a form of brokerage account.

The existence assertion ensures that the information presented exists with proof and is free from fraudulent activity. This assertion is a test to the fact that this is a complete cash existence assessment and has all the items included in the statement for a given accounting period.

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Some buyers would think the equilibrium price of coat is too big while some sellers would think the equilibrium price is too low because the quantity of goods that buyers are willing to buy does not balances the quantity of goods sellers are willing and able to sell.

Basically, an equilibrium refers to the state in which market supply &  demand balance each other and because of this, the prices become stable. Also, the equilibrium price is where the supply of goods matches demand and when a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and the market is in a state of equilibrium.

Therefore, in some cases buyers would think the equilibrium price of coat is too big while sellers would think the equilibrium price is too low because the quantity of goods that buyers are willing to buy does not balances the quantity of goods sellers are willing and able to sell.

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A show statement is used by a database administrator to get details about the items in a database. A data dictionary has this information.

The shape and content material of records are categorised and communicated the use of a information dictionary, which also offers insightful descriptions for mainly distinct data objects.

The database control machine where the information dictionary is stored is accountable for this. therefore, on every occasion a database change is finished, the database control device without delay updates the facts dictionary. due to its self-updating nature, that is referred to as an energetic statistics dictionary.

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Pain management programs hospices and CHD rehabilitation programs are examples of comprehensive intervention models. These models address a variety of healthy behaviours. Some chronic conditions, including Coronary Heart Disease (CHD), can have an impact on the patient's loved ones as well as their psychological, cognitive, emotional, and physical health.

Patients and those with low risk factors will benefit from the promotion of comprehensive intervention programs. They may help identify risk factors quickly enough to stop the illness, in my opinion. The program's only drawback is how much it costs. So that the selection of existing options is not the first choice for patients and those who look after them.

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The amount a firm earns from selling products to customers is its revenue

What is distinction between revenue and profit?

The difference between revenue and profit is that the latter is the total earnings from customers by selling products to them, whereas refers to the   net earnings from selling products to customers after having considered the cost of those products, in other words, profit is the excess of sales revenue over the cost of goods sold.

In this instance, there was no mention of cost of those goods sold customers, in effect, we are not expected to consider cost of sales, which means that only revenue is received from customers when we sell to them, the profit can only be ascertained if we factor in cost of products sold, the amount required here is the revenue.

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Workers formed unions and eventually these were recognized as a legal entity having the right of collective bargaining.

Why is it called collective bargaining?

What is an example of collective bargaining?

Employees can bargain collectively with their unions for more favorable terms. An illustration would be when factory workers use their union to bargain for higher wages.

What are the 4 types of collective bargaining?

Collective bargaining comes in a variety of forms, such as composite concessionary, distributive, integrative, and productivity bargaining.

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The three various financial choices and their associated opportunity costs consist of:

a) Sacrificing pleasure and opting for study rather than going out to clubs and parties.

b) Deciding against eating quick food since it requires more energy to prepare.

c) Opting for local clothing instead of imported items to save money and quality.

Opportunity cost is the term used to describe decisions that are taken at the price of another and typically involve aspects that are given up.

The value or advantage forfeited by engaging in a certain activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply defined, it implies that you lose out on the opportunity to engage in another activity if you pick one.

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raw materials inventory       $2230

To credit carter corporation $2230

raw materials inventory will shown as debit and carter corporation as credit.  

The $2,230 transaction is recorded by carter as a debit to raw materials inventory.

A vendor, usually referred to as a supplier, is a person or a company who sells goods. A vendor often finds a place to sell their products and services. The seller markets and sells their goods using whichever strategy suits them best after procuring the appropriate items. For instance, if it's a food truck, the vendor makes sure there are enough ingredients to prepare the menu items and serve the anticipated amount of people before driving to a specific location and starting to sell meals. To prepare for, obtain, and deliver the items and services they are contracted to offer, a vendor that supplies one of these major businesses would require a significantly larger operation.

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