In 1971, under president richard nixon, the federal government passed legislation that "froze" wages and the prices of consumer items. however, that did little to stop the increase in inflation or unemployment. what can you infer was behind nixon's decision to "freeze" wages and prices? workers would be willing to be paid less if it would help the economy. consumers would buy more if inflation continued to rise. inflation affects wages and prices, so freezing those would halt inflation. rising inflation would lead to improvements in unemployment.

Answers

Answer 1

The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.

When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.

As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.

Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.

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Answer 2

Answer:C

Explanation:edge 2022


Related Questions

A customer's short margin account is properly margined and shows a credit balance of $40,000. interest would be charged on a balance of? a 0 b $10,000 c $20,000 d $40,000

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A short margin account of a customer is properly margined and shows a credit balance of $40,000. Interest would not be charged on a balance of 0.

Interest can only charged on debit balances, which are monies loaned by the firm to its customer. Credit balances in the short margin accounts are not been subjected to any interest charges. But however, a firm may charge a rate of interest for the stock loan.

A margin account is referred to as a brokerage account in which the broker lends the customer cash in order to purchase the stocks or other financial products available in the market.

Hence, option A is correct.

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If a market signals contain accurate information available to investors, then the market is said to be?

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If a market signals contain accurate information available to investors, then the market is said to be transparent.

What is market signals?

Market maker signals  can be described as the  signs broker-dealers or market makers  do give to themselves as regards the  movement of  stock prices.

It help to  buys and sell share amount orders in real-time during trading hours  however , the market should be open, at this time.

Therefore, If a market signals contain accurate information available to investors, then the market is said to be transparent.

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Mission statements should be defined in terms of satisfying basic customer needs. in other words, they should be __________.

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Mission statements should be defined in terms of satisfying basic customer needs. In other words, they should be market-oriented.

Mission statements are documents of a firm that states its basic values and objectives. These include the principles fundamental to the firm, the kind and quality of product it aims to provide, and a commitment to meet the various needs of customers and other stakeholders.

Because the basic objective of firms is to earn profits, and profits are attained only by attracting and retaining customers, the mission statements of firms have to be market oriented. To be market oriented is to be cognizant of the prevailing demands, customer sentiments, and even social attitudes.

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5. individual problems 9-5 describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which should take longer to reach the long-run equilibrium? in the short run, both monopolists and competitive firms earn positive economic profits. in the long run, can earn a positive economic profit. true or false: the adjustment to long-run equilibrium takes the same amount of time for monopolies and competitive industries. true false

Answers

False, In the short run, both monopolists and competitive firms earn positive economic profits.

In the long term, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, homogeneous products. Firms experience no barriers to entry monopolists and every one consumer has perfect information. Equilibrium in perfect competition is that the point where market demands are going to be adequate market supply.

A firm's price is going to be determined now. Within the short run, equilibrium is going to be full of demand. within the future, both demand and supply of a product will affect the monopolists equilibrium in perfect competition. The long-run supply curve in an industry during which expansion doesn't change input prices (a constant-cost industry) could be a horizontal line.

The long-run supply curve for an industry within which production costs increase as output monopolists rises (an increasing-cost industry) is upward sloping. The existence of high barriers to entry prevents firms from entering the market even within the long‐run.

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Paul savage purchased a restaurant named burger haven from larry jones. the purchase would cause the number of reporting entities to?

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Paul Savage purchased a restaurant named Burger Haven from Larry Jones. The purchase would cause the number of reporting entities to: remain constant

What is the impact of the acquisition on number of entities?

The fact that the purchase of restaurant is outright purchase, I mean  does not require that a new entity is involved which would be owned by Paul savage and Larry Jones, means that the number of entities after the deal is finalized remains the same because the Burger Haven remains what it was prior to acquisition, the only difference is that ownership has changed hands from Larry Jones to Paul Savage.

In other words, the number of reporting entities in this transaction would continue to remain the same as there was special situation that requires that the restaurant acquired to a newly formed entity which would increase the  number of reporting entities in this instance.

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A reasonable value to assume for the efficiency of a common solar cell that is used in typical pv installations on homes and businesses is:_______

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A reasonable value to assume for the efficiency of a common solar cell that is used in typical pv installations on homes and businesses is 0.50 to 0.55.

Solar Photovoltaic Cell Basics

A photovoltaic (PV) cell, also known as a solar cell, can either reflect, absorb, or pass through light that strikes it. The semiconductor material that makes up the PV cell can conduct electricity more effectively than an insulator but not as effectively as a good conductor like a metal. In PV cells, a variety of semiconductor materials are employed.

When a semiconductor is exposed to light, the light's energy is absorbed and transferred to the semiconductor's negatively charged electrons. The additional energy enables the electrons to conduct an electrical current through the material.

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Among the various types of responsibilities a business firm has, which are specifically considered to be economic responsibilities? (check all that apply.)

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Among the various types of responsibilities a business firm has, the one that is specifically considered to be economic responsibilities

giving investors a return on invested capitalrepaying debts to creditors

What are economic responsibilities?

This is the term that is used to refer to all of the practice that the firm would have to put in place that would have to do with all of the ways that it would have to back its financial responsibilities and its commitment.

This is what has to do with the ways that would exceed the maximization of profit by the firm but all that would have to do with the ways that would help to impact the environment that we live in a positive way.

Hence we can say that among the various types of responsibilities a business firm has, the one that is specifically considered to be economic responsibilities

giving investors a return on invested capitalrepaying debts to creditors

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There are only a few situation factors that can impact an outcome when you are trying to accomplish something. True or false

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There aren't many circumstances that can affect how anything turns out when you're attempting to get something done. false

Situational influences, including parental divorce, can have an impact on a child's or young person's life. Certain situational conditions may put some kids and teens at higher risk for social, emotional, and mental health (SEMH) issues.

How do environmental influences influence behavior?

To sum up, in terms of interpersonal obedience, the situational factors that influence behavior include the belief that the person you obey appears to have the authority to demand obedience and is in control of your behavior (sometimes merely a view that is reinforced by the environment).

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If the price of sugar (ps) falls by $5, how does this affect the equilibrium price?

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If the price of sugar falls it will affect the quantity supplied of the sugar. As it will lead to the decrease in the supplied quantity.

What causes a fall in the equilibrium price?

A decrease in equilibrium demand and an increase in equilibrium supply will lead to a drop in equilibrium price, but the effect on equilibrium quantity is unpredictable.

Prices will drop because producers are ready to accept a lower price and consumers now place less value on the product, regardless of the amount.

Reduced demand will cause the equilibrium price to fall and the supply to increase.

Thus, it leads to the decrease in supplied quantity.

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All insurers issuing new or renewal insurance policies insuring against the peril of fire must provide written notice to the insured if the contract excludes the perils of:______

Answers

The answer is earthquake or flood.

All insurers issuing new or renewal insurance policies insuring against the peril of fire must provide written notice to the insured if the contract excludes the perils of earthquake or flood.

What is the meaning of the action of God in insurance?

An accident or incident that results from natural forces alone, without human action, and that could not have been avoided by prudent planning or caution is referred to as an "Act of God". An act of God clause, also known as a force majeure clause, is typically included in contracts to permit non-performance in the event that an act of God renders the contract impossible to complete. A flood, earthquake, or hurricane, for instance, are sometimes seen by insurance companies as Acts of God.

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The three different ways of expressing information about the supply of a good - service - or resource are:______.

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The three different ways of expressing information about the supply of a good - service - or resource are

supply supply curve supply schedule.

This is further explained below.

What is supply?

Generally, In the field of economics, "supply" refers to the entire quantity of a certain good or service that a provider is willing to make available to buyers within a specific time frame and at a specific price point.

The movement of the market is often what decides it. For example, if there is a larger demand, a provider may feel pressured to expand their supply.

In conclusion, The following are the three distinct methods that one might convey information on the availability of a product, service, or resource:

supply supply curve supply schedule.

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When an organization examines its operating environment to identify strategic opportunities and threats, it conducts a(n)?

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When an organization examines its operating environment to identify strategic opportunities and threats, it conducts an External Analysis.

What is an External Analysis?

Examining a company's external environment entails looking at its competitive landscape, where it stands in relation to others, as well as its dynamics and past. Macroeconomic, global, political, social, demographic, and technological analyses are examples of external analysis on a large scale. The main goal of the external analysis is to identify the possibilities and dangers in a sector or industry that will influence its profitability, expansion, and volatility.

We need to define two terms before we can start the discussion on external analysis:

An industry is a collection of businesses that provide closely comparable goods and services. Sporting goods, soft drinks, and mobile phones are a few examples of industries.

Market segments are distinct subsets of customers that can be distinguished from one another by unique characteristics and niche needs. Geographical, demographic, and behavioral characteristics can be used to divide markets into segments.

Thus, An organization conducts an external analysis when it examines its operating environment to find strategic opportunities and threats.

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If a manager finds a severe decline in employee morale and direction, they may need to spend more time in which role?

Answers

If a manager finds a severe decline in employee morale and direction, they may need to spend more time in the Leadership role

How are leadership & management correlated?

The words that are frequently used interchangeably are leadership and management. It is crucial to realize that effective management depends on effective leadership.

A key element of management, exceptional leadership behavior places emphasis on creating an environment where each person can grow and succeed. Leadership is the capacity to motivate and direct a team's efforts toward the achievement of objectives. This influence could come from official sources, like the one offered by obtaining a managerial position inside a corporation.

A manager needs to have the qualities of a leader or leadership traits. Leaders create and launch competitive advantage-building strategies. For maximum organizational effectiveness, businesses need strong management and strong leadership.

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An integrated audit performed under the sarbanes-oxley act requires that auditors provide opinions on?

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An integrated audit performed under the Sarbanes-Oxley Act requires that auditors provide opinions on financial statements and internal control.

An integrated audit tends to consider the relationship between financial and operational controls and also the information technology in establishing an effective and efficient internal control environment.

Since the Sarbanes-Oxley Act came into effect, management is thus responsible for maintaining, establishing, and reporting on an internal control structure, and here the auditors are required in order to assess the internal control structure.

Hence, the objective of an integrated audit is for the auditors to express an opinion on the company’s controls on financial reporting.

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Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are:_________

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Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are perfectly competitive markets.

What is perfect competition?

In economics, more specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by a number of idealizing conditions that collectively are referred to as perfect competition, or atomistic competition. It has been shown in theoretical models with perfect competition that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price. A Pareto optimal equilibrium would be this one.

The main characteristics of perfectly competitive markets includes long-run equilibrium in such markets satisfies the requirements of both productive and allocative efficiency. These two circumstances also have significant ramifications. Priority is given to the best alternative use of resources. The second benefit is that they offer society's highest level of fulfillment.

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What financial reporting aspect helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term?

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Classification as current or long-term helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term.

A liability is something a person or organization owes, typically an amount of money. Liabilities are settled over the years via the switch of economic benefits such as cash, goods, or services.

Legal responsibility is a legally binding obligation payable to another entity. Liabilities are incurred on the way to fund the continuing sports of a business. Examples of liabilities are money owed payable, amassed expenses, wages payable, and taxes payable.

Each is indexed on a company's balance sheet, an economic declaration that indicates a agency's financial fitness. belongings minus liabilities equal fairness, or an owner's internet really worth.

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Question 3 (1 point)
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Ayden Marie Lochner: Attempt 1
Amgen, the largest biotechnology company in the world, donates millions of dollars
annually to raise the value of science literacy in the community and attract bright
young minds into the field of science. Since Amgen, as an employer would benefit
from this philanthropy, it would be characterized as strategic giving.
True
False
Question 4 (1 point)
4) Listen

Answers

Amgen, the largest biotechnology company in the world, donates millions of dollars annually to raise the value of science literacy in the community and attract bright young minds into the field of science. Since Amgen, as an employer would benefit from this philanthropy, it would be characterized as strategic giving. This statement is True.

Biotechnology is the application of biology to problem-solving and product-making processes. The most popular method is genetic engineering, which enables researchers to change an organism's DNA as they see fit.

In order to apply organisms, cells, their components, and molecular counterparts to create goods and services, biotechnology integrates natural sciences and engineering sciences. Károly Ereky used the word "biotechnology" in 1919 to describe the utilization of living organisms in the creation of goods from raw materials.

The term "biotechnology" refers to a broad range of techniques used to alter living things for human benefit. These techniques date back to the domestication of animals and the cultivation of plants, as well as "improvements" made to them through breeding programs that use artificial selection and hybridization. Along with cell and tissue culture technology, modern applications now include genetic engineering.

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Raising taxes to finance increases in government spending will be an effective means of increasing aggregate demand only if?

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Raising taxes to finance expansions in government spending will be an adequate means of increasing aggregate demand only if:

C. the private sector is keeping a high percentage of its income.

What happens when government spending gains and taxes increase?

In general, when the government gets in more taxes than it spends, it decreases disposable income and restricts the growth of the economy. So, the fiscal policy remedy to stabilize an overheated economy is higher taxes.

Increased government spending is likely to push a rise in aggregate demand (AD). This can lead to a higher gain in the short term. It can also potentially guide inflation.

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The tax planning strategy that involves deferring or accelerating taxable income and tax deductions is:______.

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The tax planning strategy that involves deferring or accelerating taxable income and tax deductions is tax timing.

What is tax timing?

Tax timing refers to all the methods utilized so as to reduce the tax liability of an individual or business. This is done by either deferring or accelerating tax income.

For example, a taxable entity might defer recognising tax until the business has earned a loss. The loss earned can be used to reduce the tax liability of the entity.

Also, for countries that use a progressive tax rate, people might decide to defer taxable income until later years when they are in retirement when the tax they are to pay would be reduced.

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A(n) ____ is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product.

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A Transaction is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product.

A transaction is a completed agreement between any buyer and any seller in order to exchange goods or services and financial assets in return for money.

The term transaction  is also generally used in the corporate accounting. In the business bookkeeping, this plain definition could get tricky. A transaction can be recorded by a company earlier and later depending on whether it uses accrual accounting or cash accounting.

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Some retailers, such as the dollar store, dollar tree, and family dollar, profitably focus on buyers with modest means. this is an example of:________

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 Some businesses, such the dollar store, dollar tree, and family dollar, successfully target customers with limited resources. An illustration of market targeting is this.

What Is Targeting in Marketing?

In marketing, targeting is segmenting your target market and creating marketing campaigns that will reach the groups that are most likely to respond to your efforts.  With focused marketing, your chances of reaching potential customers can be greatly increased.. Marketers evaluate which section best fits their offerings, values, and products after creating various segments. Marketing professionals will find it much simpler to reach potential customers and persuade them to buy the good or service if they can select the appropriate audience segments to target.

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A ___________ organizational design attempts to create an organization that is responsive to the parameters of the contemporary business environment.

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A network organizational design attempts to create an organization that is responsive to the parameters of the contemporary business environment.

What is a Business Environment?

The definition of a business environment includes the sum or collection of all internal and external factors, including workers, customer needs and expectations, supply and demand, management, clients, suppliers, and owners, as well as government activities, technological innovation, social trends, market trends, economic changes, etc.

Directly or indirectly, these variables have an impact on how a corporation operates and performs its functions. These factors taken together have an impact on the company's climate and condition. The business environment increases the overall performance, growth, and profitability of the business by assisting with opportunity identification, resource exploitation, and planning.

There are many different sorts of business environments, including macro and micro environments.

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Carlos has been asked to evaluate new opportunities that his company can take advantage of while also investigating potential threats to its product line. carlos should use a(n)_______ to complete his task.

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If Carlos has been asked to evaluate new opportunities that his company can take advantage of while also investigating potential threats to its product line, Carlos should use the SWOT analysis to complete his task.

What is the SWOT analysis?

SWOT analysis is a form of business analysis that involves the examination of the Strengths and Weaknesses of certain decisions and the Opportunities and Threats that a business might encounter because of adopting certain approaches.

Carlos should adopt this approach when trying to resolve this issue. With this method, he will be able to identify threats and weaknesses and strengths, and weaknesses.

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How do financial institutions evaluate the creditworthiness of potential borrowers?

Answers

Financial institutions evaluate the creditworthiness of potential borrowers by checking five C's of credit.

Five C's of credit is character, capacity, capital, collateral, conditions.

Character involves image of the person in the market which means credit history , how one should manage its debt in the past. whether previous debts were timely paid or not.

Capacity involves the capacity of the person to pay its debt. whether person is able to pay its debt timely with sufficient funds. It should be checked by checking creditworthiness of people, debt to equity ratio and other financial measures.

Capital refers as savings, investment or assets of the potential buyer. by this financial position of the borrower is known.

Collateral refers to as security which is put to take loan, whether its vale is more than loan value or not.

Conditions are the terms on which agreement is done regarding the loan.

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Any place where, or mechanism by which, buyers and sellers interact to trade goods, services, or resources is a called a(n):_________

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Any place where, or mechanism by which, buyers and sellers interact to trade goods, services, or resources is a called markets.

What is market?
In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. Despite the possibility of parties exchanging goods and services through barter, the majority of markets rely on sellers providing their products or services—including labor—to customers in exchange for money. It is possible to define a market as the mechanism by which the costs of goods and services are decided. Markets provide for the distribution and allocation of resources in a community as well as the facilitation of trade. Any tradable good can be assessed and valued in a market. A market develops more or less on its own or may be purposefully created through human interaction in order to facilitate the exchange of rights (compare ownership of products and services). Markets typically replace gifts.

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What are the minimum maintenance margins for stock positions in long and short margin accounts?
a. 50 / 50
b. 50 / 25
c. 50 / 30
d. 25 / 30

Answers

The correct answer is (d) 25/30.

Additionally, a minimum maintenance margin of 30% for short positions and 25% for long bets is needed. If they so desire, the exchanges or brokerages may impose tougher restrictions (also known as house margin requirements) than those imposed by the Federal Reserve.

How do we define Maintenance Margin?

Maintenance margin, which is presently fixed at 25% of the entire value of the securities in a margin account as per the regulations of the Financial Industry Regulatory Authority (FINRA), is the minimal equity that an investor must retain in the margin account after the purchase has been made.

Who determines the necessary minimal maintenance margins?

The government regulates the minimum margin requirements for leveraged accounts. The maintenance margin is currently fixed by the Financial Industry Regulatory Authority (FINRA) at 25% of the entire value of the securities that a trader keeps in their margin account.

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The arbezani economy is operating at a point inside its production possibility frontier. this may be because:________

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The Arbezani economy is currently active within the range of its productive potential. This may be because the economy has very poor technological know-how.

What is the production possibility frontier?

The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.

PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.

Given the resources and technology at hand, what is "possible to produce" is represented by the production possibility frontier.

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Reporting revenues only when cash is received and expenses only when cash is paid is called the:______

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Reporting revenues only when cash is received and expenses only when cash is paid is called cash accounting.

What is cash accounting?

Cash accounting is a bookkeeping method where revenue is recognised when cash is received and expenses are recorded when cash is paid. Cash accounting follows a single-entry system .

Cash accounting allows the business the latitude to time the recognition of transactions.

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Most large companies and thousands of smaller ones have created, printed, and distributed ______________________.

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Most large companies and thousands of smaller ones have created, printed, and distributed "codes of ethics."

What is codes of ethics?

A code of ethics is a set of professional conduct conduct business in an honest and ethical manner.

Some key features regarding the codes of ethics are-

A code of ethics document could outline the business or organization's mission and values, how professionals are expected to approach problems, ethical principles predicated on the organization's core values, as well as the standards that the professional is held.A code of ethics, also known as a "ethical code," may include topics like business ethics, professional practice codes, and employee codes of conduct.A compliance-based code of ethics, a valuation code of ethics, or a code of ethics among professionals are the three main types of codes of ethics.

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True or false: it is generally the case that indifference curves have the same shape across all consumers.

Answers

The statement " it is generally the case that indifference curves have the same shape across all consumers." is False

This is further explained below.

What is the shape?

Generally, In a contrast to other attributes such as color, texture, or kind of material, a shape or figure is a graphical depiction of an object's exterior border, outline, or external surface.

Shapes and figures may also be used interchangeably. In contrast to solid 3D objects, plane figures and plane shapes are required to flatten out on a plane in order to exist.

In conclusion, False: "it is typically the case that indifference curves have the same form across all customers." This statement is not true.

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Bag B contains 9 black marbles and 6 orange marbles.What is the probability of selecting a a green or black marble? Design thinking is a predictable, linear way of thinking that moves you toward a problem solution.O TrueO FalseA Exercise 2 Find the personal pronouns that have antecedents within each sentence or sentence group. Draw one line under the personal pronoun. Draw two lines under its antecedent. Change the personal pronoun to agree in person with its antecedent. Correct the verb if necessary.After the scouts trekked up the mountain side, it collapsed in relief when you reached the summit. Approximately how much fencing is needed to enclose a circular pond with a diameter of 12. 5 feet?. determine the range of the following graph. PLEASE HELP MEEE According+to+gartner+research,+by+2020,+_____+will+be+the+greatest+source+of+competitive+advantage+for+30%+of+organizations. Exercise 1 Draw one line under the simple subject. Draw two lines under the simple predicate. Draw a vertical line (|) between the complete subject and the complete predicate. That television drama was very unrealistic. ________ refers to the unique psychological characteristics that distinguish a person or group. An amorphous solid has long range, repeating order. true/ false 192 students in 4 buses ________ in each bus The demand curve for macadamia nuts is downward sloping. this slope is because consumers maximize their utility and an increase in the price of macadamia nuts leads to? In the example outline, what do the capital letters indicate?1. Homemade FavoritesA. Peanut Butter & JellyWhat's for Lunch: Delicious Sandwiches to TryB. Grilled Cheese1. This sandwich involves putting cheese between two piecesof bread that are browned on a griddle or in a skillet.O1. This is one of the most popular sandwiches for kids atschool.O2. There are many types of peanut butter and jelly to choosefrom, or you could use another type of nut butter or jam.II. Sandwiches You Might Order in a RestaurantA. Club SandwichO2. Most commonly, grilled cheese is made with Americancheese and standard sandwich bread. But there are manyways to make it unique.1. This sandwich traditionally includes ham, turkey, bacon,lettuce, tomato, and mayonnaise.2. Different restaurants prepare clubs differently, and you mightfind items such as roast beef, honey mustard, and avocado.B. Breakfast Sandwich.1. Breakfast sandwiches are most popular in the morning andare easy for people on the go.III. Unique Sandwiches2. The base could be anything from biscuits or bagels toEnglish muffins or pancakes; the middle can be anycombination of cheese, egg, breakfast meat, or veggies.A. Reuben Sandwich1. This sandwich mixes several ingredients inspired by manycountries: Irish corned beef, Swiss cheese, Germansauerkraut, and Russian dressing on rye bread.2. This sandwich was supposedly invented in Manhattan in1914.B. Muffuletta Sandwich1. A traditional style muffuletta sandwich includes ham,salami, Swiss cheese, provolone, mortadella, and marinatedolive salad, all on muffuletta bread.a. The olive salad usually consists of olives diced withcauliflower, celery, carrots, Italian-style relish, andseasonings.2. New Orleans claims to be the birthplace of this sandwich.A. Supporting ideasB. Main ideasC. SourcesD. Supporting details evaluate the function f(x) = square root of x at given value Exercise 1 Draw one line under the simple subject. Draw two lines under the simple predicate. Draw a vertical line (|) between the complete subject and the complete predicate. The cooks at school baked a cake for the principals birthday.