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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Which type of economic system would more closely subscribe to the doctrine of laissez faire?
commercial freedom (capitalism)The laissez-faire economic philosophy would be more prevalent in the system.
What is capitalism on the market?
A theory of economics known as commercial capitalism is built on the ideas of capital, value, labor, and capitalization. Anything that has the potential to positively impact the world is valuable; value is another word for labor. Capitals are used to store value.
When did capitalism in the marketplace begin?
When mercantilism, or merchant capitalism, was established in the early modern era during the 16th and 18th centuries, modern capitalism only partially emerged. Over the Mediterranean bullion trade, early modern Venice, Genoa, and Pisa show early signs of mercantilistic activities.
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What is an example of an external force that represents financial factors affecting a business?
Interest rates are an example of an external force that represents financial factors affecting a business
This is further explained below.
What is business?Generally, The process of operating a company, which includes the creation of items in addition to their acquisition and sale, may provide a person with a means of subsistence or enable them to generate monetary gains.
In addition to this, it may be used to refer to "any activity or corporation that is involved in for the purpose of profit."
The term "financial factors" refers to financial policies, financial conditions, and capital structure.
Financial factors are an important internal component that has a great impact on the operation and performance of the corporation. In order to launch and maintain the company, you will need access to sufficient financial resources.
In conclusion, The rate of interest is one example of an external force that is representative of the many financial forces that influence a company.
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When the economy is strong, consumers are _____ likely to borrow money to purchase a home or go on a vacation.
When the economy is strong, consumers are more likely to borrow money or take loans to purchase a home or go on a vacation.
What is loan?
A loan occurs when one or more individuals, businesses, or other entities lend money to additional individuals, businesses, or other entities. The recipient incurs a debt and is frequently liable for interest charges up until the debt is paid off, in addition to the principle amount borrowed.
A person having strong and stable economy, have a high confidence that he will definitely repay the money he borrowed for any purpose. and this will made them more likely to borrow money for purposes like purchasing home or going on a vacation.
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When an individual transfers property to another taxpayer during their life, without receiving or expecting to receive value in return, the property transferred is a(n):_________
When an individual transfers property to another taxpayer during their life, without receiving or expecting to receive value in return, the property transferred is a GIFT.
What is a gift for tax purposes?For the purposes of taxation of property, a gift refers to a property that a taxpayer gives to another taxpayer while both are still alive.
Another requirement for the property to be a gift is that the person who gave it, should expect nothing in return. Gifts are not as taxed as other transactions.
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Margo spends $10,000 on one year's college tuition. the opportunity cost of spending one year in college for margo is:_____.
Margo spends $10,000 on one year's college tuition. the opportunity cost of spending one year in college for Margo exists: whatever she would have purchased with the $10,000 plus whatever she would have attained maintained she had not been in college.
What is opportunity cost?The value or benefit forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another. The opportunity cost is the amount of time spent learning and the money that could be used elsewhere. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment).
The value of what you must give up in order to pick something else is referred to as opportunity cost in economics. It is frequently described as the second-best choice. The loss of gain that would have been realized if a different option had been chosen is sometimes referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it.
Hence, Margo spends $10,000 on one year's college tuition. the opportunity cost of spending one year in college for Margo exists: whatever she would have purchased with the $10,000 plus whatever she would have attained maintained she had not been in college.
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A customer with additional funds to invest seeks income, but thinks his portfolio is too heavily weighted in debt securities. the best recommendation to the customer is:_____.
For the customer with an additional funds to invest seeks income but thinks his portfolio is too heavily weighted in debt securities, the best recommendation to the customer is a Preferred stocks.
What is a Preferred stocks?It is a distinct equity that represents ownership of a company, right to claim income from the company's operations. The holders of preferred stock have a higher claim on distributions than common stockholders and usually have no or limited, voting rights in corporate governance
As this customer does not want to buy any more bonds; the Preferred stock is a fixed income equity security, so it meets the customer's requirement that the recommendation not be a bond and it pays a fixed dividend rate (similar to bonds) for income.
In conclusion, for the customer with an additional funds to invest seeks income but thinks his portfolio is too heavily weighted in debt securities, the best recommendation to the customer is a Preferred stocks.
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A job opening for someone who "has the ability to use analytical reasoning and relevant judgment to address customer service issues, as well as generate new ideas," would be best filled by a(n)?
A job opening for someone who "has the ability to use analytical reasoning and relevant judgment to address customer service issues, as well as generate new ideas," would be best filled by knowledge worker.
What is analytical reasoning?
The ability to look at information, whether it be qualitative or quantitative in nature, and identify patterns within the information is known as analytical reasoning, also known as analytical thinking. Understanding the fundamental relationships in a set of relationships, recognizing logically equivalent statements, and inferring what could be true or must be true from given facts and rules are all examples of analytical reasoning. Analytical reasoning also involves deductive reasoning without the need for specialized knowledge.
The qualities mentioned in the question such as having ability to use analytical reasoning, having relevant judgement to address customer service issues, and ability to generate new ideas would be perfect for the role of knowledge worker.
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Costco wholesale corporation changed its generous return merchandise policy for electronic goods to 90 days and the company suggests having a receipt. why would such a policy change be necessary?
Costco wholesale corporation changed its generous return merchandise policy for electronic goods to 90 days and the company suggests having a receipt. Such a policy change be necessary because -"This customer service was costing Costco money."
What is meant by return policy?A return policy is a written document outlining the procedures for returning purchased products or services. These policies frequently include reimbursement information, return requirements, timeframes, and contact information for customer support.
Every return policy should include a few key points to help consumers know the limitations and allowances your company makes for returns. This section contains the "meat" of your return policy, as it describes how much you'll accept from customers and how you'll refund them.It's critical to inform your customers about how long those who have to return a goods. In general, 15-30 days is conventional, though some businesses prefer 90 days. In either case, accepting returns after that time will do you no favors.Customers will try to return goods months, even years after they've been purchased if a time frame for returns is not disclosed.To know more about allowances, here
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True or false: total assets must always be equal to total liabilities less stockholders' equity
The statement, that total assets must always be equal to total liabilities less stockholders' equity, is false.
What is accounting equation?
The accounting equation indicates that the total assets of a company are financed by a combination of its equity and liabilities, which means total assets are equal equity plus liabilities
total assets=equity+ liabilities
The above shows that the statement that total assets can be determined as total liabilities minus stockholders' equity is incorrect.
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This benefit is conferred by the corporate form of organization in which an investor;s personal responsibility for the debt of the business are limited to the amount the investor has invested in the firm.
Limited Liability is the benefit conferred by the corporate form of organizations in which an investor's personal responsibility for the debt of the business is limited to the amount the investor has invested in the firm.
Limited liability enables people to escape personal responsibility for a corporate entity's losses, enabling risk-averse people to take on risks that they otherwise would not have. This means that in order to satisfy their debts, the creditors of an incorporated corporation cannot go after the owner's personal assets. Owners of a business that operates as a corporation are responsible for all debts and business losses up to the amount they invested in the corporation.
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_______the real cost of government goods and services is? a. money. b. taxes. c. the private goods and services foregone. d. inflation.
Terms in this group (80) The private goods and services forgone represent the true cost of government goods and services.
What are goods ?Goods are any products, raw resources, or consumables that are sold to customers, businesses, or governmental organizations.
Services are tasks carried out for the benefit of the recipients, whereas goods are physical commodities offered to clients. Automobiles, home products, and apparel are a few examples of goods. Legal counsel, housekeeping, and consulting services are a few examples of services.
Normal goods, inferior goods, and Giffen goods are the three categories into which economists divide products.
The supply and demand in an economy play a big role in determining the prices of commodities. Private goods, common goods, club goods, and public goods are the four different categories of products.
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Select all that apply what factors that affect a sales manager's performance are outside the manager's control? (choose every correct answer.)
Successful competition AND a downturn in the economy have an impact on a sales manager's success and are beyond their control.
Why is control management so important and what does it entail?
Controlling and directing employees' behavior is one of a manager's most crucial responsibilities. For your organization's systems and processes to function properly, control management is essential.
Tightly managed management processes are never finished; they are always in progress. They don't just happen by mistake. All processes, big and little, combine to form the total, as NASA tragically learned in 1986 when the space shuttle Challenger exploded.
A seemingly basic decision-making procedure in the production of O-rings went wrong with the Challenger catastrophe. As your company expands and your daily operations get more complicated.
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Forming an overall opinion of a job candidate based on one outstanding characteristic is?
Answer: I would say either responsible or dedicated!
__________ is a combination of passion and perseverance for a singularly important goal, together with resilience and a tolerance for feeling frustrated.
The answer is grit.
Grit is a combination of passion and perseverance for a singularly important goal, together with resilience and a tolerance for feeling frustrated.
What is the meaning of grit in psychology?Grit is a desirable, non-cognitive quality in psychology that is based on a person's enthusiasm and tenacity in pursuing a certain long-term objective or end state. It is the capacity to stick with something you are enthusiastic about and show tenacity in the face of challenges. This type of passion is not characterized by strong feelings or infatuation. It all comes down to commitment and direction.
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Which type of revenue or gain is generally recognized with the passage of time? revenue from sales. gain or loss from disposition. long-term construction contracts. revenue from fees or services.
Long-term construction contracts type of revenue or gain is generally recognized with the passage of time long-term construction contracts
The definition of construction is the process of making something, the obsession with building, or the way something is put together. A construction example is creating and decorating a new ice cream parlor in a former shoe store. The construction industry is an important sector that contributes significantly to the economic growth of the country. The construction industry is an investment-oriented sector in which governments are showing great interest. The government contracts with the construction industry to build infrastructure in the health, transportation, and education sectors.
These are simple construction: Residential buildings such as single-family homes and apartment complexes. Commercial buildings such as offices and warehouses. Industrial facilities such as factories and large production facilities. Infrastructure projects such as roads, bridges, airports, and sewers.
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If the price of an item b (which is a substitute for item a) decreases, then people will buy ________ of a
If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.
Substitute Goods: In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product. The same wants of the clients can be partially or totally satisfied by substitute goods. The consumer thinks they can therefore be replaced one for the other. Coca-Cola can be substituted with Pepsi-Cola and vice versa.
If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.
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One financial intermediary in our financial structure that helps to reduce the moral hazard from arising from the principal-agent problem is the.
The venture capital firm is one financial intermediary in our financial system that aids in lowering the moral hazard that results from the principal-agent problem.
A conflict of interests between a person or group and the agent appointed to act on their behalf is known as the principal-agent problem. It is possible for an agent to take actions that are not in the principal's best interests.
As varied as the principle and agent tasks are, so too is the principal-agent problem. It can happen in any circumstance where the principal or owner of an asset transfers direct control of the asset to a third party or agent.
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Two individuals signed a contract that was intended to be their entire agreement. the parol evidence rule will prevent the admission of evidence offered to?
The parol evidence rule will prevent the admission of evidence offered to prove the existence of a contemporaneous oral agreement modifying the contract.
Parol evidence refers to anything that was said, done, or written before the parties signed the agreement or as they signed it.
Therefore anything that was done or said before signing the agreement or contract will pevent the admission of evidence .
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The adjusted trial balance provides account balances reported in which financial statements?
The adjusted trial balance provides account balances reported in which financial statements:
Statement of stockholders' equity
Balance sheet
Income statement
What is Income statement?
One of the most often and important financial statements you're likely to see is an income statement. Income statements, sometimes referred to as profit and loss (P&L) statements, include the cumulative effect of revenue, gain, expense, and loss transactions and include a summary of all income and expenses for a specific period.
Therefore,
Statement of stockholders' equity
Balance sheet
Income statement
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The competitive situation where at&t, mci, and sprint control approximately 80 percent of the international long-distance telephone market is called?
The competitive situation where at&t, mci, and sprint control approximately 80 percent of the international long-distance telephone market is called "Oligopoly"
What is Telemarketing?
Telemarketing is the practise of selling products or services directly to prospective clients over the phone, the internet, or fax. Telemarketers or, increasingly, automated phone calls, or "robocalls," can conduct telemarketing. A growing backlash against this form of direct marketing has been sparked by tales of telephone scams and fraud as well as the intrusiveness of telemarketing. Other names for telemarketing include "telesales" and "inside sales." The act of calling, screening, and approaching new clients is known as telemarketing. The use of direct mail marketing strategies is excluded. In addition to call centres and offices, homes are increasingly being used for telemarketing. Telemarketing frequently entails a single contact to gauge interest or suitability, followed by several calls to drive a sale.
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If the contribution margin ratio is 50%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?
If the target operating income is $30,000, the contribution margin ratio is 50%, and $300,000 in sales revenue is required to reach the target operating income.
S- VC= CM - FC = P
.52(300,000) - FC = $30,000
150,000 - FC = $30,000
120,000 FC (150 000 - 30,000) represents the total fixed costs.
Defined Fixed Expenses
Making accurate financial budgets with the aid of cost and expense calculations.
Any expense that is constant throughout time, such as rent or mortgage payments, utility bills, and loan payments, is referred to as a fixed expense. Although the amounts may vary slightly—as with utilities—you are aware that they are regularly due.
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One advantage of a fixed exchange rate system compared to a floating or managed float exchange rate system is:_________
A fixed exchange rate system has advantages over a floating or managed float exchange rate system, including lower inflation.
Defining a Fixed Exchange Rate
A fixed exchange rate is a method used by a government or central bank to relate the value of the country's legal tender to the value of the currency of another country or the price of gold. The aim of a fixed exchange rate system is to keep the value of a currency within a predetermined range.
Maintaining a currency's value within a predetermined range is the goal of a fixed exchange rate system.
Fixed exchange rates increase the security of exporters and importers while helping the government maintain low inflation.
A number of developed nations adopted the floating exchange rate system in the early 1970s.
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_____ refers to the system of behavioral rules and norms that emerge in a company.
Informal organization is The system of behavioral rules and norms that emerge in a group. organizational behavior. The study of the factors that have an impact on how individuals and groups respond to and act in organizations.
What is Informal organization?An informal organization can be described as the group of people who share a common identity as well as main commitment to achieve a common purpose.
It should be noted that Informal organizations are created by the will and shared identity of their members, hence Informal organization is The system of behavioral rules and norms that emerge in a group. organizational behavior. The study of the factors that have an impact on how individuals and groups respond to and act in organizations.
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A recent survey found that of those surveyed, over 25 round their most recent job through __________.
A recent survey found that of those surveyed, over 25 round their most recent job through Social media.
What is Social media?
Websites and programmes that emphasise collaboration, sharing of content, engagement, and community-based feedback are collectively referred to as social media. Social media is used by people to connect and communicate with their friends, family, and other communities. The use of social media has become a daily requirement in today's culture. Social media is primarily utilised for decision-making, news and information access, and social interaction. It is a useful tool for sharing, creating, and disseminating information as well as for communicating with people locally and globally.
Therefore,
A recent survey found that of those surveyed, over 25 round their most recent job through Social media.
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Modern marketers use blank______ to focus how they approach their customers and market their products.
Modern marketers use blank data analytics to focus how they approach their customers and market their products.
What is data analytics?Data analytics is the study of examining unprocessed data to draw inferences about that data. Numerous methods and procedures used in data analytics have been mechanized into mechanical procedures and algorithms that operate on raw data for human consumption.
The phrase "data analytics" is wide and includes a variety of different methods of data analysis. To gain knowledge that may be used to improve things, any sort of information can be submitted to data analytics techniques.
Data analytics methods can highlight measurements and trends that would otherwise be buried in the sea of data. A business or system's total efficiency can then be raised by using this information to optimize processes.
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______________ can arise from the estimation process or the stability of the project team. assumptions internal risks cost overruns external risks.
Internet risk can arise from the estimation process or the stability of the project team. assumptions internal risks cost overruns external risks.
What is Internet risk?Online risk is the exposure of an organization's internal resources as a result of using the Internet to do business.
Online risk exists for all businesses that conduct a portion of their operations online. Personal information, project data, and data produced by systems or procedures used by the company to conduct its business all fall under the category of vulnerable data.
Using techniques and resources from a risk management strategy, you can effectively manage online risk, prevent it from happening in the first place, and take action if it does. Aware of online risk, able to foresee how a data loss might affect their business operations, and able to create contingency plans are all crucial skills for IT professionals.
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How would an additional cash recovery of a previously written-off account receivable effect the average collection period?
The income statement is unaffected by the recovery of an uncollectible account when the allowance technique is applied. Only cash, provision for doubtful accounts, and accounts receivable are impacted. The collection results in an increase in operating cash flow.
What is Average Collection Period?The average collection period is the length of time it takes for a company to obtain accounts receivable payments due from its clients (AR). To make sure they have enough cash on hand to cover their financial responsibilities, businesses employ the average collection period.
For businesses that largely rely on receivables for their cash flows, the average collection period is a crucial number since it shows how well a company manages its accounts receivable.
An accounting indicator known as the average collection period is used to show the typical number of days that pass between the date of a credit sale and the day that the buyer submits payment.
The success of a company's AR management strategies can be determined by looking at its average collection period. For operations to run successfully, businesses must be able to control their typical collecting period.
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Like a mortgage, a deed of trust has the __________ to enforce repayment of a debt.
Like a mortgage, a deed of trust has the power of the law to enforce repayment of a debt.
What is repayment of a debt?
Repayment refers to the act of returning money that has been borrowed from a lender. The return of funds often occurs through recurrent payments that comprise both principal and interest. The initial amount borrowed in a loan is referred to as the principle. In general, three debt repayment methods can aid individuals in more effectively reducing or eliminating their debt. Pay off the smallest debt as quickly as you can. Pay the bare minimum on all other loans. Then apply that extra money to the following biggest loan.
Therefore,
Like a mortgage, a deed of trust has the power of the law to enforce repayment of a debt.
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Iana has grown dramatically and now oversees five __________ that parcel out ip addresses to large isps and major corporations.
IANA has grown dramatically and now oversees five Internet Corporations for Assigned Names and Numbers (ICANNs) that parcel out IP addresses to large ISPs and major corporations.
What is IANA?The Internet Assigned Numbers Authority (IANA) is an organization that sets standards for various online based essential services such as IP address allocation and root zone management.
Since being established by the United States, they have grown to be more global and this is evidenced by the fact they now oversee five Internet Corporations for Assigned Names and Numbers (ICANNs).
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Liability without fault is referred to as: _________
a. censored liability.
b. negligence.
c. strict liability.
d. products liability.
Liability without fault is referred to as: strict liability. Strict liability is defined as liability that is present regardless of fault. In circumstances involving strict liability, this means that the defendant is responsible even if he did not intend to hurt the plaintiff and did not bring about the incident via carelessness or negligence.
The Rule of Strict Liability, often called The Rule of No-Fault Liability, states that a person may be liable even though they are not at fault.
Although the person in this scenario may not have committed any damaging or careless acts and may even have made some constructive attempts, the rule nonetheless entitles him to compensation.
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