deals with a microeconomic because it is the result of decisions that people and corporations make.
Describe "Microeconomics"
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.
The study of microeconomics focuses on the decisions people make, the factors that shape those decisions, and how those decisions have an impact on the supply, demand, and price of items on the market.
The probabilities (tendencies) that come from people making choices in response to shifting incentives, prices, resources, and/or production processes are the main subject of the study of microeconomics.
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The goal of ____ is to establish international technological standards to facilitate the global exchange of information and barrier free trade.
The goal of ISO is to establish international technological standards to
facilitate the global exchange of information and barrier-free trade.
what is the goal of ISO in IT to global exchange?The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies; It develops and publishes a wide range of proprietary, industrial, and commercial standards and is comprised of representatives from various national standards organizations.The organization's abbreviated name—ISO—is not an acronym; it derives from the ancient Greek word ísos, meaning equal or equivalent. Because the organization would have different acronyms in different languages, the founders of the organization decided to call it the short form ISO.The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies that develop and publishes a wide range of proprietary, industrial, and commercial standards.The International Organization for Standardization (ISO) was founded in 1947 and is headquartered in Geneva, Switzerland.
In addition to producing standards, ISO also publishes technical reports, technical specifications, publicly available specifications, technical corrigenda, and guides.
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Money illusion occurs when:___.
a. the value of moneydisappears.
b. we disregard inflation adjustments for dollar values.
c. the rate of inflation decreases.
d. falling relative prices make consumers feel richer.
The correct answer is b. we disregard inflation adjustments for dollar values.
According to the money illusion theory, people frequently see their wealth and income in nominal dollars rather than understanding its true value, which is adjusted for inflation.
Does money illusion persist throughout time?Money illusion, according to monetarist economists like Milton Friedman, often only happens in the short run, when there is a delay before consumers realize that prices have gone up. A rise in the money supply may temporarily boost actual output because there is a short-term money illusion.
As causes of money illusion, economists point to things like a lack of financial literacy and the pricing rigidity present in many commodities and services.
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Economists typically measure rates of inflation by
Answer:
increase of price and the same rate of pay
Explanation:
If the money supply for an economy is $3 trillion and the velocity of money is 4.5, then gdp is: __________
The calculated GDP is 13.5 trillion dollars.
Given here the money supply and money velocity is $3 trillion and 4.5 respectively.
GDP can be calculated by the formula ,
GDP = Money supply × Velocity
GDP = 3×4.5
GDP = $13.5 trillion.
The total market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the Gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a indicator of total domestic production.
Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly. GDP is regarded as the "most potent statistical measure of national development and progress in the world." However, opponents of the growth imperative frequently claim that GDP measurements were never meant to gauge development and omit important additional externalities like resource extraction, environmental impact, and unpaid domestic work.
Money exchange rates in an economy are gauged by the term "velocity of money." It is the frequency with which funds are transferred from one entity to another. It also describes the total amount of money spent in a specific time frame.
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What does the phrase ""no taxation without representation"" mean? is it still relevant today?.
Taxation without representation refers to a situation in which a population is obligated to pay taxes to a government authority but is not given a voice in determining the policies of that government. As a form of resistance against their British oppressors, colonial Americans chanted, "Taxation without representation is tyranny."
Taxation Without Representation: What Is It?One of the main motivations of the American Revolution was opposition to taxation without representation. In the 1760s, the British Parliament started directly taxing its American colonies, presumably to make up for losses during the Seven Years' War, which lasted from 1756 to 1763.
One particularly hated tax, introduced by the Stamp Act of 1765, required colonial printers to pay a tax on documents used or printed in the colonies and to verify it by attaching an embossed revenue stamp to the documents. In vice-admiralty courts, offenders were tried without a jury. According to colonists, being denied a trial by peers was a second injury.
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The flood account is set up as a chiasm. this means it is a _______________ story/account.
The flood account is set up as a chiasm. this means it is a account story/account.
How do you explain chiasm?A chiasmus is a rhetorical device used to create a stylized writing effect, in which the second part of a sentence is a mirror image of the first.
Chiasmus: What Is It?"By day the frolic" is the first part of the statement.
"And the dance by night," reads the second half of the line.
What does the Bible's chiastic structure entail?A literary device used in narrative motifs and other textual passages is the chiastic structure, often known as the chiastic pattern. The presentation of two concepts, A and B, along with their variations, A' and B', as A,B,B', and A' is an illustration of chiastic structure.
What is the significance of the chiastic structure of the Bible?The chiastic structure, also referred to as the chiastic pattern, is a literary device employed in narrative motifs and other textual sections. The presentation of two ideas, A and B, along with their variations, A' and B', as A,B,B', and A', serves as an example of chiastic organization.
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With regard to the current exchange rate arrangement between italy and germany, it is best characterized as?
With regard to the current exchange rate arrangement between Italy and Germany, it is best characterized as C) an exchange arrangement with no separate legal tender.
In a floating regime, trade costs are generally decided via the market forces of delivery and demand for foreign exchange. for many years, floating exchange costs were the regime utilized by the arena's foremost currencies – this is, the us dollar, the euro region's euro, the Japanese yen, and the United Kingdom pound sterling.
A fixed or pegged price is determined by the authorities through its important bank. The rate is set towards every other essential world currency (together with the U.S. greenback, euro, or yen). To maintain its exchange rate, the authorities will buy and sell its very own forex in opposition to the currency to which it's far pegged.
Exchange rates are decided through elements, along with interest costs, self-assurance, the modern account on stability of payments, economic growth, and relative inflation fees.
Disclaimer: The question is incomplete. Please read below to find the missing content.
Question: With regard to the current exchange rate arrangement between Italy and Germany, it is best characterized as:
A) independent floating (market-determined).
B) managed float.
C) an exchange arrangement with no separate legal tender.
D) pegged exchange rate within a horizontal band.
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_______ help managers with the skills required to accomplish a specific kind of work.
Technical skills help managers with the skills required to accomplish a specific kind of work.
Who is a manager?A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company), especially by being morally upright, skillful, well behaved and promoting the business's vison, culture, and values at all times.
What are technical skills?Technical skills can be defined as a series of specialized knowledge, professionalism, and expertise that are required to perform or accomplish a specific kind of task and work, including the use specific tools and software applications in real world situations.
In this context, we can reasonably infer and logically deduce that technical skills help managers with the skills required to accomplish a specific kind of work.
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The potential for gains from the rearrangement of production among countries is due to.
The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.
What is Diffrering opportunity Costs?
The cash flow in price formation is the value or benefit forfeited by choosing one work over another. It simply implies that by choosing one profession, you are discontinuing the opportunity to pursue another.
Therefore,
The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.
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Savvy sightseeing had beginning equity of $72,000; revenues of $90,000, expenses of $65,000, and dividends to stockholders of $9,000; there were no stock issuances. calculate the ending equity.
Ending Equity + Revenues - Expenses - Owner Withdrawals = Beginning Equity
Calculating Ending Equity is $72,000 + $90,000 - $65,000 - $9,000
ending equity of 88k
In finance, what does equity mean?
Equity is the value that would be given back to a company's shareholders if all of the company's assets were sold off and all of its debts were settled. Another way to conceive of equity is as the amount of ownership that remains in a company or asset after all associated debts have been paid off.
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In a multinomial experiment, the probabilities for the various categories must remain?
In a multinomial experiment, the probabilities for the various categories must remain Constant.
What happens in a multinomial experiment?In a multinomial experiment, there ae several factors that need to be present. One of them is that the probabilities of the outcomes witness must be constant.
There must also be n identical trials as well as k possible outcomes for each of these trials with k being more than 2. All the trials should also be independent.
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The organization that sets standards for computer components, signaling protocols, and data representation is the?
The organization that sets standards for computer components, signaling protocols, and data representation is the IEEE, or the Institute of Electrical and Electronics Engineers.
What is the significance of IEEE?Institute of Electrical and Electronics Engineers, or simply IEEE, is a standards organization whose networks and guidelines can be considered as the basis for the development of computer gadgets and other devices used for the purpose of data representation. The standards proposed by IEEE have a universal acceptance.
Therefore, the significance regarding IEEE has been aforementioned.
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As disposable income rises so does consumption, but not by the full amount because the marginal propensity to consume is:_____.
As disposable income rises so does consumption, but not by the full amount because the marginal propensity to consume is: less than 1.
What happens when marginal propensity to consume increases?
In Keynesian macroeconomic theory, the marginal propensity to consume is a important variable in showing the multiplier effect of economic responsive spending. Specifically, it suggests that a increase in government spending will improve consumer income, and in turn, consumer expenses will rise.
What causes marginal propensity to consume to increase?
In economics, the marginal propensity to consume (MPC) is a metric that quantifies induced consumption, the concept that the boost in personal consumer expenses (consumption) occurs with an improve in disposable income (income after taxes and transfers)
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Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called.
Financial markets are places where money is transferred from those who have extra money to people who don't have enough money.
Financial markets, which include the stock market, bond market, currency market, and derivatives market, among others, are any marketplace where trading in securities takes place. For capitalist economies to run smoothly, financial markets are essential. Financial markets allocate resources and provide liquidity for firms and entrepreneurs, which is essential for the proper operation of capitalist economies. Trading financial holdings is made simple for buyers and sellers by the markets.
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When reviewing a profit and loss report in quickbooks online, which report option will quickly show a client income and expenses incurred over the past two years?
The option 'customize your report' will show a client's income and expenses incurred over the last two years.
We are first required to go to the Business Overview option. From the Business Overview option, we are required to select the Reports option. Then we are required to enter profit and loss comparison in the search field. We can also find the same report under the Standard Tab. We can check the profit and loss report here.
By default, the Profit and loss comparison will show the current year-to-year date and the same period last year. If required we can also change the length of the time and dates as we want. In the report period dropdown, we are required to select the length of time we want to see. In the date field, we are required to write the starting and ending dates.
In the compare we can get the other period dropdown, from there we need to select the Previous year checkbox to see the past two years' period and dates of the last year. We can also customize these columns how we want. When our report is ready we need to select ' Run Report.'
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________ is the intense rivalry involving actions and responses among similar competitors vying for the same customers in a marketplace.
Competitive dynamics is the term for an intense rivalry, involving actions and responses among similar competitors vying for the same customers in a marketplace.
What is fierce competition?Competitive rivalry is a gauge of how fiercely existing companies compete with one another. Competitive activities like price lowering, higher advertising costs, or investing on service/product innovation and upgrades can reduce profits and foster competition.
When there are few companies selling a good or service, when the market is expanding, and when customers may quickly and affordably switch to a competitor's product, then competition is strong.
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Which type of value is of greatest importance to an appraiser in a typical appraisal assignment?
Market value is the type of value which is of greatest importance to an appraiser in a typical appraisal assignment.
The majority of appraisals performed are concerned with estimating the market value of a property, which is the same as its value in exchange.
The market value of a property is decided by buyers, who value the property they are interested in or willing to pay for. Based on what they think the price of a property should be and, most importantly, what they are willing to pay for it.
This is why Market value is the type of value which is of greatest importance to an appraiser in a typical appraisal assignment.
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When recording an adjustment for the cost of using equipment during the current accounting period, which two accounts are affected?
Accumulated Depreciation and Depreciation Expense are the two accounts impacted by the recording of an adjustment for the cost of utilizing equipment during the current accounting period.
A single asset's accumulated depreciation is the total amount of depreciation expense attributed to the asset since it was first used. It is a contra-asset account, which means that it is a negative asset account that reduces the balance of the asset account it is often linked to.
Contrary to a typical asset account, a contra-asset account sees an increase in value upon a credit and a drop with a debit. The same amount that is credited to the cumulative accumulated depreciation whenever a depreciation expense is reported for an organization enables that corporation to show both the asset's cost and its total depreciation as of the current date. Additionally, the balance sheet displays the asset's net book value.
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If the amount in insurance expense is the january 31 adjusting entry and the original insurance premium was for one year, what was the total premium and when was the policy purchased?
The policy was bought six months ago, on August 1, 2019.
What do we mean by total premium?The premium is the amount paid by the insured to the insurer on a regular basis to cover his risk. In an insurance contract, the risk is transferred from the insured to the insurer. The insurer charges a premium for taking this risk. Total Premium refers to all premiums earned in link with the Purchased Investments during the Time Frame. The insurance premium is the amount of money that an individual or business must pay for an insurance policy. The amount of insurance costs paid to the insurance company by the policyholder is determined by a number of factors.To find what was the total premium and when was the policy purchased:
Total prepaid insurance ......... $7,680 (12 × $640)Amount used (6 × $640)......... $3,840Present balance ........................ $3,840The policy was bought six months ago, on August 1, 2019.Therefore, the policy was bought six months ago, on August 1, 2019.
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The complete question is given below:
(Analyze Adjusted Data) A partial adjusted trial balance of Coy Company on January 31, 2020, shows the following:
Debit: Supplies $1,120
Debit: Prepaid Insurance 3,840
Credit: Salaries and Wages Payable $1,280
Credit: Unearned Revenue 1,200
Debit: Supplies Expense 1,520
Debit: Insurance Expense 640
Debit: Salaries and Wages Expense 2,880
Credit: Service Revenue 3,200
Andrew the question, assuming the year begins January 1
If the amount in insurance expense is the January 31 adjusting entry and the original insurance premium was for one year, what was the total premium and when was the policy purchased?
The total retail value of all the inventory on the focused products - summary sheet is:_______
The correct answer is b. $3,762.00
Inventory refers to the goods and materials that a business maintains on hand with the goal to use, produce, or resell them.
What does inventory mean?All the commodities, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
What things are there in an inventory?Inventory refers to both the goods and commodities that a business has available for sale as well as the supplies required to make those goods. Work-in-progress items, finished goods, and raw materials make up the three primary categories of inventory.
For example - the magnesium in an alloy wheel serves as an illustration of raw material inventories.
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The complete question is
The Total Retail Value of all the inventory on the Focused Products Harbor sheet is ______.
Select one:
a. $5,690.32
b. $3,762.00
c. $18,279.00
d. $11,212.00
When you include discouraged workers and unemployed workers in calculations of the unemployment rate:____.
When we include discouraged workers and unemployed workers in calculations of the unemployment rate much higher than the official unemployment rate.
The official unemployment rate. It is the total number of unemployed people who are expressed as a percentage of the civilian labor force. The formula to calculate official unemployment rate is, (Total Unemployed ÷ Labor Force) x 100. The discouraged workers are the total number of unemployed people. It is expressed as the percentage of the civilian labor force plus discouraged workers. The formula for calculation is ( (Total Unemployed + Discouraged Workers) ÷ (Labor Force + Discouraged Workers) ) x 100.
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The interval measure is useful for start-up companies because it indicates how long a company can operate until _____.
Answer: It needs another round of financing
Explanation:
From the perspective of the united states, the process of foreign companies transferring tasks and jobs to u.s. companies is called:________
From the perspective of the United States, the process of foreign companies transferring tasks and jobs to u.s. companies is called in sourcing. Thus, option (e) is correct.
What is jobs?
A “job” is a designation for working for a specific business. An opportunity for career advancement arises from the job. One could increase their income and gain experience by working.
The foreign companies are the ones transferring the tasks, and the job is called in sourcing. In sourcing, the term refers to the person involved, the specialist for filling temporary needs. The company provided the training to effectively complete the task.
As a result, the foreign companies transferring tasks and jobs to u.s. companies is called in sourcing. Therefore, option (e) is correct.
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Your question is incomplete, but most probably the full question was.
Importingfactoringbenchmarkingdumpingin sourcingThe process of analyzing the tasks necessary for the production of a product or service is called ______.
The correct answer is work flow design.
To offer team members and stakeholders a high-level overview of each activity involved in a certain process, workflow design entails mapping out all activities and processes in a visual manner.
How does one develop a workflow design?Step 1- How to Create an online workflow:
Step 2- Decide on your resources.
Step 3- Make a list of the tasks that must be completed.
Step 4- Determine who is in charge of each task and assign duties.
Step 5- Make a workflow diagram to see the procedure in action.
Step 6- Try out the process you designed.
Step 7- Introduce the new workflow to your staff.
Step 8- Launch the updated workflow.
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In a net-present-value analysis, the discount rate is often called the:_____.
a. minimal value.
b. hurdle rate.
c. payback rate.
In a net-present-value analysis, whether cash flows are increasing or decreasing, the discount rate is often called the hurdle rate. Thus, the correct option is B). Hurdle rate
What is the Hurdle rate?A hurdle rate refers to the minimum rate of return on a project or investment that is required by a manager or investor. It is also referred to as a break-even yield.
Hurdle rate is very important in business world. If an expected rate of return is above the hurdle rate, then the investment is considered sound, while on the other hand when the rate of return is below the hurdle rate, the investor may choose to avoid the investment.
Basically, hurdle rate determines the risk associated with the future projects and investments.
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Studies show that approximately blank______ percent of the new products that are launched go on to fail in the marketplace.
According to studies, almost 40% of newly introduced products eventually fail in the marketplace.
What exactly is a marketplace?
The market is an online marketplace that connects sellers and buyers through stimulating discussions and distinctive goods. It costs nothing extra for anyone with an active account to sell or purchase goods.
Well-known marketplaces attract a lot of traffic and users. They, therefore, have a large potential revenue stream.
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An appliance company has determined that the cost of producing ice cream makers $35.50 per cream maker plus 4515 per month costsThe appliance company each ice cream maker for 100
The breakeven point of production of ice cream machines is 70 units.
If the company produces the said units it will have a break even.
What is Breakeven?Breakeven is the point of production where the expenses and the revenue are nil, the expense borne for the production of the units is covered completely by the sales of the units is known as a breakeven point.
The variable cost per unit is $35.5 and the fixed cost is $4,515 per month and the Sale price is $100.
The formula to calculate breakeven point is fixed cost / (Sales Price - Variable Cost).
Breakeven point = $4,515 / ($100 - $35.5)
Breakeven point = $4,515 / ($64.5)
Breakeven point = 70 units.
If the company produces 70 units of ice cream machine this will be a breakeven point and to earn profit the company will need to produce more units.
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Missing requirement in question was Find the break-even point
Complex behavior rooted in the pursuit of interpersonal goals, friendly atmosphere, consensus, modesty, caring for the weak, and quality of life is defined as:________
Complex behavior rooted in the pursuit of interpersonal goals, friendly atmosphere, consensus, modesty, caring for the weak, and quality of life is defined as femininity.
What is femininity?
Typically associated with women and girls, femininity is a set of traits, behaviors, and duties. There is some evidence that some behaviors that are considered to be feminine are influenced by both biological and cultural factors, therefore it is conceivable to view femininity as a social construction.
Therefore,
Complex behavior rooted in the pursuit of interpersonal goals, friendly atmosphere, consensus, modesty, caring for the weak, and quality of life is defined as femininity.
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Those who favor abortion on demand and increased taxation of the rich are more likely than others to be:_______
Those who support increasing taxes of the wealthy and abortion on demand are more likely than others to be pure liberals
More about pure liberals:
The free market and laissez-faire economics are supported by classical liberalism, a political tradition and subset of liberalism that places special emphasis on individual autonomy, limited government, economic freedom, political freedom, and freedom of speech. It also supports civil liberties under the rule of law.
Depending on how they interpret these ideas, liberals hold a wide range of opinions, but they typically support individual rights (including civil and human rights), liberal democracy, secularism, the rule of law, etc.
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The physical securities which are the underlying collateral for treasury receipts are?
The physical securities which stand held in trust against the issuance of Treasury Receipts exist as either Treasury Notes or Treasury Bonds.
What is meant by Treasury Bonds?A Treasury bond is one of the several types of government securities that the US national government issues. It is a long-term fixed-interest instrument. T-bonds, or Treasury Bonds, are commonly used to refer to bonds with maturities longer than 10 years, like 20 or 30 years.
Treasury bonds (sometimes known as T-bonds) are fixed-rate debt instruments issued by the US government, with maturities ranging from 10 to 30 years. T-bonds offer semi-annual interest payments up until maturity, when the owner is given the bond's face value.
Treasury bonds (also known as T-bonds) are debt obligations that the US government issues and guarantees with its full faith and credit. They effectively function as loans from the public to the government, with periodic interest payments and eventual principal repayment upon bond maturation.
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