1.05 the market place economic

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Answer 1

A market economy serves as an  economic system in which economic activities is been controlled by individuals.

What is market economy?

market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .

This decision could be  pricing of goods and services  which are been controlled  by the interactions of a country's individual citizens.

COMPLETE QUESTION:

Explain market place economy

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Related Questions

Employer-sponsored retirement plans requiring a minimum length of time of service to participate are.

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Employer-sponsored retirement plans that require a minimum length of service to participate are a 401(k) plan whose length of service is 2 years of service for eligibility.

What is the 401(k) plan?

Corresponds to an employer-sponsored retirement savings plan after a minimum 2-year service period for the employee to be eligible. Its benefits are the reduction of taxable income, that is, income contributions are made before taxation.

Therefore, the traditional 401(k) plan has the benefits of choosing the investment, reducing negative risks related to financial losses.

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Dublin Corporation reported net sales of $250,000, cost of goods sold of $150,000, operating expenses of $50,000, net income of $32,500, beginning total assets of $520,000, and ending total assets of $600,000. Calculate each of the following values and explain what they mean: (a) profit margin and (b) gross profit rate.

Answers

The profit margin rate is 13%. And the gross profit rate is 40%.

Net Profit Margin = Net Profit ⁄ Gross Revenue x 100

Net Profit is calculated by subtracting all company expenses from gross revenue. Profit margin calculation results are expressed as a percentage. For example, a 10% profit margin means that for every $1 in sales, the company earns $0.10 in net profit.

But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high.

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A shoe factory produces 20 units of output. its average fixed cost (afc) = $25, average total cost (atc) = $35, and marginal cost (mc) = $15. the shoe factory’s total variable cost is ________.

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fine Ill actually help you

Answer:

$10

Explanation:

Data provided in the question

Number of units produced = 20 units

Average fixed cost = $25

Average total cost = $35

Marginal cost = $15

As we know that

Average total cost = Average fixed cost + average variable cost

$35 = $25 + average variable cost

So, the average variable cost is

= $35 - $25

= $10

The average total cost is the sum of average fixed cost and the average variable cost

fine Ill actually help you

Which of the following best describes the core competency of the Five Guys Burgers and Fries company

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Making high-quality burgers without limiting costs best describes the core competency of the Five Guys Burgers and Fries company.

In winter, when the river froze, villagers who had little fish would fry fried potatoes instead. The dish is said to have been discovered by American soldiers in Belgium during World War I, and since the main language in southern Belgium is French, they called the delicious potatoes 'French fries.

Common processing steps for frozen French fries are washing and peeling, cutting or stripping, blanching, cooling and drying, frying, deoiling, and packaging.

The largest French Fries company is McCainFoodsLimited. Lam Weston (including JVs and subsidiaries) J.R. Simplot. Aviko.

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According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus

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According to the neoclassical view, an increase in the cpi leads to d) No shifting of the SRAS curve ceteris paribus.

SRAS way the long-run production capacity of an economic system. An alternate inside the price degree does no longer affect the SRAS. the quick-run mixture supply curve (SRAS) shall we capture how all of the corporations in an economic system respond to rate stickiness. While prices are sticky, the SRAS curve will slope upward. The SRAS curve suggests that a better rate level leads to more output.

Ultimately, the most essential element shifting the SRAS curve is productiveness increase. Productivity—in economic terms—is how tons of output can be produced with a given amount of labor. One degree of that is output according to employee, or GDP according to capita.

A boom in mixture delivery because of a decrease in entering expenses is represented by means of a shift to the right of the SAS curve. A 2nd issue that causes the mixture delivers curve to shift is monetary growth. Superb financial boom effects from an increase in efficient sources, together with exertions and capital.

The question is incomplete. Please read below to find the missing content.

According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus.

a) A rightward shift in the SRAS curve

b) A leftward shift in the SRAS curve

c) A  upward shift in the SRAS curve

d) No shifting of the SRAS curve

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What are two common security threats that it personnel encounter in businesses on a regular basis?.

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Here are the two common cyber threats that IT personnel encounter in businesses on a regular basis are:

Viruses and worms

What is Viruses and worms ?

Viruses and worms are malicious software programs (malware) aimed at destroying an organization's systems, data and network. A computer virus is a malicious code that replicates by copying itself to another program, system or host file. It remains dormant until someone knowingly or inadvertently activates it, spreading the infection without the knowledge or permission of a user or system administration.

A computer worm is a self-replicating program that doesn't have to copy itself to a host program or require human interaction to spread. Its main function is to infect other computers while remaining active on the infected system. Worms often spread using parts of an operating system that are automatic and invisible to the user. Once a worm enters a system, it immediately starts replicating itself, infecting computers and networks that aren't adequately protected.

Preventing viruses and worms

To reduce the risk of these types of information security threats caused by viruses or worms, companies should install antivirus and antimalware software on all their systems and networked devices and keep that software up to date. In addition, organizations must train users not to download attachments or click on links in emails from unknown senders and to avoid downloading free software from untrusted websites. Users should also be very cautious when they use P2P file sharing services and they shouldn't click on ads, particularly ads from unfamiliar brands and websites.

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Louisa is interested in investing in the stock of a corporation that pays regular dividends and generates consistent growth, so she chose a leading pharmaceutical company. Louisa is interested in purchasing __________ stocks.

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Louisa is interested in investing in the stock of a corporation that pays regular dividends and generates consistent growth, so she chose a leading pharmaceutical company. Louisa is interested in purchasing Bluechip stocks. This is further explained below.

What is Bluechip stocks.?

Generally, A large, well-known corporation is referred to as a "blue chip stock."

In conclusion, Louisa wants to invest in a firm that provides regular dividends and grows at a steady pace, so she picked a pharmaceutical company as her investment vehicle. Louisa is considering investing in blue-chip companies.

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You are working alone and your shift is due to be over at 6 p.m. The individual who is scheduled to begin working at 6 p.m. does not show up. What do you do?

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Answer:

You should call your manager or supervisor. It is not your responsibility to cover for someone else. You could also call in someone else in the position to see if they wanted to come in. explain the situation, you ask to be relieved or get paid double time for overtime, if that is not an option close up shop, and make sure everything is secure and locked up properly, then go home. You have done everything you are supposed to do, now the responsibility rests with your boss.

If the individual who is scheduled to begin working at 6 p.m. does not show up, you should contact your supervisor or manager after calling the coworker.

What to do if the coworker hasn't shown up?

Try to reach them by phone or text message. If you can't reach them, try calling their home or checking their social media to see if they have posted anything about their whereabouts.

Let your supervisor know that your coworker has not shown up for work and that you are unsure of what to do. They may be able to reach your coworker or find someone else to cover the shift.

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Roberto and Andrew are discussing palatability and acceptability. Roberto says that the term acceptability refers to how well an animal likes its food. Andrew says that if the particle size of a feed is too small, it may reduce its acceptability to ruminants. Which of the following statements is correct

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"Roberto and Andrew are discussing palatability and acceptability. Roberto says that the term acceptability refers to how well an animal likes its food..."  Andrews's statement is correct. This is further explained below.

What is a statement?

Generally, a specific or unequivocal articulation of anything via the medium of either spoken or written language.

In conclusion, According to Andrew, if a feed's particle size is too tiny, ruminants may not take it.

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True or false? when a goal is not met, a manager should assume that employees were not performing to their utmost potential.

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When a goal is not met, a manager should assume that employees were not performing to their utmost potential is a false statement.

The management of a corporation sets organizational goals as strategic objectives to describe expected results and direct employees' efforts.

Employees are prone to making blunders when their expectations are unclear. Here, communication and clarity are crucial.

Employees won't ask for assistance or clarification and will instead try to assume what management and the business expect them to do if duties and expectations are unclear and open and encouraged lines of communication.

Employees cannot read minds, so before employing someone, make sure you have a clear understanding of both the position they will play in the organization as well as how management will assess their performance and value to the business.

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Mortgage loans that allow the borrower to switch among a variety of payment arrangements throughout the life of the loan are more commonly referred to as:_________

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Mortgage loans that allow the borrower to switch among a variety of payment arrangements throughout the life of the loan are more commonly referred to as option ARM loans.

A mortgage is a contract between you and a lender that entitles the lender to receive your property if you fail to repay the money and interest you borrowed. Mortgage loans are used to buy a home or borrow money depending on the value of a home you already own.

Mortgage Types

Traditional Loans – Best for borrowers with good credit.

Jumbo Loan – Perfect for high credit borrowers looking to purchase a high-value home.

Government Insured Loans – Best for borrowers with low credit ratings and minimal cash down payment.

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The question is incomplete. Please read below to find the missing content.

Mortgage loans that allow the borrower to switch among a variety of payment arrangements throughout the life of the loan are more commonly referred to as

subprime loans.

option ARM loans.

hybrid ARM loans.

alt-A loans

If a perfectly competitive firm can sell as much as it wishes at the market price, can the firm not simply increase its profits by selling an exteremely high quanitty?

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If a perfectly competitive firm can sell as much as it wishes at the market price, can the firm not simply increase its profits by selling an extremely high quantity At a high level of production, marginal cost and the average cost of production will rise.

In economics, marginal cost is the change in total cost that occurs when production increases and is the cost of producing additional quantities. In some contexts, it may refer to a unit increase in spending, or it may refer to the rate of change in total cost when spending increases slightly. As Figure 1 shows, marginal cost is measured in dollars per unit, the total cost is measured in dollars, and marginal cost is the gradient of the total cost, the rate at which total cost increases with production. The marginal cost is different from the average cost, which is the total cost divided by the number of units produced.

The marginal cost of production includes all costs that vary depending on the production level. For example, if a company needs to build an entirely new factory to produce more goods, the cost of building the factory is marginal.

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The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called:

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The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called Socialism.

A socialist economy is that system of production where production of  goods and services is done for using it directly, however in a capitalist economic system, goods and services are produced  generally to generate profit means they are produced for indirect use.

"Production which is done under socialism would  always be directly and solely for use. With the use of natural and technical resources of the world which are controlled democratically, the sole objective of the production is  to meet human needs only."

Goods and services would be produced only for their usefulness, or for their usage-value. It eliminates the need for market-induced needs of profits.

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Projects should always be discounted at the firm's overall cost of capital.

a. True
b. False

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The statement, projects should always be discounted at the firm's overall cost of capital is false.

If overall cost of capital is used by a firm in order to discount cash flows from higher risk projects, in the future it will not be beneficial for a firm as the firm will accept too many high-risk.

A high weighted average cost of capital typically signals higher risk which is associated with a firm's operations because the company is paying more for the capital that investors have put into the company.

It is researched that, as the risk of an investment increases, investors demand an additional return to neutralize the additional risk.

Hence, the projects should not always be discounted at the firm's overall cost of capital.

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Why is the unemployment rate, as measured by the bureau of labor statistics, an imperfect measure of the extent of joblessness in the economy?

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The unemployment rate, as measured by the bureau of labor statistics, an imperfect measure of the extent of joblessness in the economy. because It does not account for illegal activities.

It is unable in  accounting the inaccurate responses to the Current Population Survey.

Moreover the discouraged workers are not considered as unemployed in this statistics they are considered as completely employed.

Unemployment means when the  people are not working, but they are willing to work and are actively looking for work.

In the given survey every person who get job is considered as employed.

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A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they

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A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.

What is  marketing intermediaries?

Marketing intermediaries can be defined as the people that acts as a link between a manufacturer and consumer.

This Marketing Intermediaries perform important functions as they assist companies or organization to market and sell their product and to as well distribute products from the manufacturer to  end user.

Therefore a reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.

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1. Discuss why is finding and implementing the right pricing strategy critical to a company’s success?

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The importance of pricing in business is one of the most important features that decides the profitability of the business. Following are the suitable reasons for it :

1) Effects on the profit margins - The pricing of the product determines how much the company will make per unit of the product sold. If the pricing is apt, then the items sold will eventually increase and profitability will rise.

2) Competition - Competition in the market depends ultimately on the pricing and quality of the product. The right pricing of the product (low from your competitors) gives you a competitive advantage over other similar competitors.

Thus, setting the right price is very critical in a business. (for example how setting prices to 99$ and 100$ makes the difference).

An example of a well-priced product/company is Mcdonald's, it uses the low-cost strategy to maximize its profit and market share. It follows the right pricing of its products, which gives McDonald's an edge over its customers and capitalizes on the e-market.

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Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of interest earned by Norton is $ .

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Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of interest earned by Norton is twenty-five $.

Whilst you take out a loan–whether or not it is a scholar loan, private loan, vehicle loan, or mortgage–creditors earn money by way of charging you interest. interest is the price you pay for borrowing money from a lender. that means you won't just pay returned the money you borrowed.

APR is the once-a-year fee of a mortgage to a borrower — together with expenses. Like a hobby fee, the APR is expressed as a percent. unlike an interest charge, however, it consists of other expenses or prices which include loan coverage, most ultimate charges, cut price factors, and mortgage origination costs.

for example, the hobby on a $30,000, 36-month mortgage at 6% is $2,856. The equal loan ($30,000 at 6%) paid again over seventy-two months could fee $five,797 in the hobby.

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Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as?

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Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.

What is Monetary policy

Monetary policy are actions or rules that guides money in a particular country.

The policy affect how money is supplied and the country economic growth. Monetary policy are guides in determining and controlling a nation interest rate that are payable on loans that are collected.

Therefore, regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.

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calculate the following future value given the assumptions below: Assume an individual invests $250/mo for 30 years at an expected rate of return of 8 percent

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According to the Question, We are given,

An individual invests $250/m for 30 years at an expected rate of return of 8 percent.

To Calculate the Future Value,

SOLUTION

Here, the deposits will be same every month, so it is an annuity. We will use the following future value of annuity formula:

FVA = P × ((1 + r)ⁿ  - 1 / r)

where, FVA is future value of annuity,

P is the periodical amount = $250,

r is the rate of interest = 8% pa,

so monthly rate = 8% / 12 = 0.67%

and n is the time period = 30 × 12 = 360 months

Now, putting these values in the above formula, we get,

FVA = $250 × ((1 + 0.6667%)360 - 1 / 0.6667%)

FVA = $250 × ((1 + 0.006667)360 - 1 / 0.006667)

FVA = $250 × ((1.006667)360 - 1 / 0.006667)

FVA = $250 × ((10.9357296578 - 1 / 0.006667)

FVA = $250 × (9.9357296578 / 0.006667)

FVA = $250 × 1490.28493442

FVA = $372571.23

So, future value is $372571.23

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When you feel cold, you engage in behavior to reduce this unpleasant feeling, for example, by putting on your coat. This desire to reduce internal tension is a crucial aspect of ________ theory.

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This desire to reduce internal tension is a crucial aspect of the drive-reduction theory.

What is drive-reduction theory?

It corresponds to a psychological theory developed by Clark Hull, who believed that individuals are motivated to meet their basic needs, which are psychological and physiological needs.

Therefore, a behavior to reduce the unpleasant sensation of cold would be a physiological motivation proposed by the drive-reduction theory.

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As a general rule, an illegal contract is automatically _______, so neither party may enforce it against the other.

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As a general rule, an illegal contract is automatically void, so neither party may enforce it against the other.

What is Illegal contract ?

A contract is illegal if it involves doing something that is a criminal act or a civil wrong, or against the public good.

An Illegal contract or agreement is a contraction in terms when a contract is a legal obligation, illegal contract is viewed as a contradiction in terms.

An Illegal contract is called a contradiction for the following reasons listed below:

When a contract has a term that is obligatory, it is called a legal contract.

According to the rules of terms, when a contract is not done legally, it is considered an illegal contract. On the common law of a contract or agreement, when a court does not apply or impose in any case or otherwise for a contract, it is seen as illegal.

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Major telecommunications companies such as Telstra gather an amazing amount of information regarding customer mobile phone transactions. Managing this information is an example of a: Select one: a. market surveillance system. b. marketing information system. c. market research tool. d. systematic data collection system.

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Major telecommunications companies such as Telstra gather an amazing amount of information regarding customer mobile phone transactions. Managing this information is an example of a marketing information system.

Telecommunications is the transmission of information over various types of techniques, via wired, wireless, optical, or other electromagnetic systems. It stems from the desire of people to communicate longer than the distance achievable by the human voice, but with similar levels of convenience. Therefore, slow systems are excluded from the field.

Telecommunications transmission media have evolved through a variety of technological stages, from beacons and other visual signals to electrical cables and electromagnetic radiation, including light. rice field. Such transmission paths are often split into communication channels. This has the advantage of being able to multiple multiple simultaneous communication sessions. Telecommunications is often used in the plural.

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the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 8.53

Answers

The perfectly competitive market profit mathematically given as

P = 131.76

What is the perfectly competitive market profit?

Generally, the equation for a perfectly competitive market is  mathematically given as

P = MC

Therefore

P= ( P -ATC) * Q

Hence

P= ( 8.53 - 6.70) * 72

P = 131.76

In conclusion, a perfectly competitive market profit

P = 131.76

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In market analysis, ______ could be useful for analyzing the competition. a. private investigators b. telephone surveys c. SWOT analysis d. the breakdown process

Answers

Answer: C. SWOT Analysis

Explanation:

Answer: c

Explanation:

Qualitative considerations that may influence capital investment analysis include the investment proposal's impact on all of the following except ________. product quality manufacturing flexibility employee morale income taxes

Answers

Qualitative considerations that may influence capital investment analysis include the investment proposal's impact on all of the following except income taxes.

What is income taxes?

A tax placed on people or organizations in relation to their income or profits is known as income taxes. Tax rates multiplied by taxable income are typically used to calculate income taxes. Tax rates might change depending on the taxpayer's attributes and source of income.

Direct tax and indirect taxes are the two forms of taxes. Direct tax is the name given to taxes levied on earned income. An excellent illustration of direct taxation is income taxes. On the other hand, a taxpayer is subject to an indirect tax imposed by the government for goods and services provided.

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is considered the father of the gothic period as he launched the gothic style with his renovations at the saint denis

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Abbot Suger is considered the father of the Gothic period, as he launched the Gothic style with his renovations at Saint Denis.

Who was Abbot Suger?

He was an adviser to King Louis VI and Louis VII who became known as the father of the Gothic style in architecture, as he was involved in the reconstruction of the church of Saint-Denis, where the reconstruction was designed to create a grandeur, perceived in the great façade with three portals and the presence of light, which entered the church in a simple way designed to create an emotional effect on the faithful.

The Gothic style can be understood as an artistic style that developed during the Middle Ages in Europe with characteristics that sought to enhance the religion and the Catholic Church, through the richness of details, grandiose buildings, having influenced the arts and architecture.

Therefore, in churches, pointed vaults, decorated stained glass windows and gargoyles were used, in addition to the grandeur  of the buildings, to demonstrate the grandeur that was related to religion before the human being.

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Gross domestic product understates the total production of final goods and services because of the omission of

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Gross domestic product understates the total production of final goods and services because of the omission of option(d) i.e, the underground economy.

The gross domestic product (GDP) is a commonly used indicator of the value added produced by the production of goods and services in a country over a certain time period (GDP). As a result, it also takes into account the money made from that manufacturing or the sum of money spent on finished goods and services (fewer imports).

The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports.

Since it tells us about the size and health of an economy, GDP is important. Real GDP growth is frequently employed as a proxy for the state of the economy as a whole. Real GDP growth is typically regarded as a sign that the economy is doing well.

The demand for labor, the major and usually the only asset of the poor, rises as employment prospects improve. In turn, increasing employment has been a major factor in producing quicker growth.

The underground economy is made up of transactions that are deemed unlawful or do not follow the government's reporting standards.

Therefore, because they are not included, the GDP is understated.

The complete question is:

Gross domestic product understates the total production of final goods and services because of the omission of inflation. intermediate goods. exports. the underground economy.

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As a human resources manager, chlorinda is responsible for allocating employees where they are needed to accomplish objectives. This entails the ________ function of management

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As a human resources manager, Chlorinda is responsible for allocating employees where they are needed to accomplish objectives. This entails the performance function of management.

A company or an organization's human resources manager is usually responsible for creating, putting into effect and overseeing policies governing workers.

A human resource manager performs certain roles such as performance management, training and development, HR planning, as well as translating business strategies into action, which directly leads to increase employees and organizational efficiency and achieve business objectives.

Hence, Chlorinda as a human resources manager, is responsible for the the performance function of management in a company.

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Coffee accounts for at least 50 percent of the revenue that Uganda and Burundi earn from their exports. This reliance on one commodity explains why they are classified as what type of economy

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The reliance on one commodity explains why they are classified as a peripheral economy.

What is a peripheral economy?

A peripheral economy is an economy that relies on either one commodity or a few commodities. As a result, these types of economies are extremely vulnerable to fluctuations in price and demand of that commodity.

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Read the excerpt from act 4, scene 3, of the tragedy of julius caesar. [brutus.] with this, she fell distraught, and, her attendants absent, swallowed fire. cassius. and died so? brutus. even so. cassius. o ye immortal gods! [enter lucius, with wine and taper] brutus. speak no more of her. give me a bowl of wine. in this i bury all unkindness, cassius. cassius. my heart is thirsty for that noble pledge. fill, lucius, till the wine o'erswell the cup; i cannot drink too much of brutus' love. [exit lucius. enter titinius, with messala] brutus. come in, titinius; welcome, good messala. now sit we close about this taper here, and call in question our necessities. cassius. portia, art thou gone? brutus. no more, i pray you. what moral dilemma does brutus confront in this excerpt? Mary won $200,000 in a state lottery. she first paid income tax of 30% on the winnings. she invested some of the rest at 1.5% and some at 4%, earning $4,350 interest per year. how much did she invest at each rate? cyber awareness challenge 2022 knowledge check Select the output of this algorithmSTARTSET n = 4SET d = 1SET sum = 0WHILE d < = nIF n/d is integer THENsum = sum + dELSEsum = sum + 0END IFd = d+1END WHILEOUTPUT sumEND what conclusion can be drawn about human origins on a map 43. A Pop Warner football team had a total loss of 85 yards in penalties on 5 plays. Then triple their yards in penalties on the next 17 plays. What was the final yards the team loss? Label the rooms and items indicated, using the vocabulary you learned in this lesson. Be sure to include the correct definite article. An advertiser claims that 74% of people stream their TV, 12% have cable, and the rest do not watch TV. A test is conducted to evaluate the claim and the conclusion is fail to reject using alpha = 0.1. What is your interpretation of the test result? The sum of three numbers $a, b$ and $c$ is 60. If we decrease $a$ by 7, we get the value $N$. If we increase $b$ by 7, we get the value $N$. If we multiply $c$ by 7, we also get the value $N$. What is the value of $N$ I really need help for my hw please what is the interrelationship between quality of life and population growth If a firm's revenues do not cover its average variable costs, then that firm has reached its _________________ . price taking point shutdown point marginal point opportunity margin If charcoal and sugar were the the main impurities present in crude acetanilide would recrystallisation from water be a good method of purification explain why? This mortuary temple was built by Hatshepsut, the first recorded female ruler in history. It is distinctive for its alignment along a central axis, and its use of two impressive __________ in the front. A bag contains different colored candies. There are 50candies in the bag, 28 are red, 10 are blue, 8 are green and4 are yellow.What is the probability of choosing one candy and getting ablue or red?Fractions should always be in lowest terms.192538438502519 Instead, if you make quarterly payments of $800, how much will you have saved in 10 years? The factors that go into a marketing program: product, price, place, and promotion, are called the mix. Preferred stockholders are given preference over common stockholders in ______. (Select all that apply) The ______________of the human digestive tract can be classied as endocrine glands since they produce hormones. Which of the following is not an assumption about traits