In the Circular Flow example, some Households have Labor (and possibly other) resources that are under-employed and, therefore, receive fewer Goods and Services in a Market-based economy.
A circular flow model is a diagram that is used to represent monetary transactions in an economy. It shows how money, goods, and resources move through a market economy.
The circular flow is the exchange of money between firms and households.
The main factors in the circular flow of economic activity are households (or individuals), firms, and the government.
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Since 2010, the interest rate on passbook accounts and certificates of deposit has:______.
Since 2010, the interest rate on passbook accounts and certificates of deposit has been moderate. In exchange for keeping the money on deposit for a set amount of time, top-paying certificates of deposit (CDs) offer interest rates that are higher than those offered by the best savings and money market accounts. Compared to stocks and bonds, CDs offer a smaller potential for growth but a non-volatile, fixed rate of return.
CD are also a safer and more conservative investment. Almost all banks, credit unions, and brokerage companies provide a selection of CD choices. Shopping around offers major benefits because the best CD rates that are nationally available are often three to five times higher than the industry average for every term.
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A popular entrepreneurship method used to assess whether creative solutions actually address customer problems is called the
A popular entrepreneurship method that's used to assess whether creative solutions solve customer problems is known as the value proposition canvas.
The four factors of production.In Economics, there are four (4) main factors of production and these include the following:
LandCapital resourcesLaborEntrepreneurshipGenerally, the value proposition canvas is a famous entrepreneurship method that's used by entrepreneurs to assess whether creative solutions solve customer problems.
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The Red Cross raises money to help people survive natural and manmade disasters. The Red Cross can best be described as a(n) _______.
The Red Cross can best be described as a service.
The red cross is the largest humanitarian organization in the world. It's a responsibility of the human race is not subjected to racism. It is an organization whose services include:
Helping families separated by wars and terrorism to reconnect.
Training communities to prepare for emergencies.
Enlightening the public about how to prevent the spread of diseases.
The American Red Cross helps vulnerable people around the world prepare, respond, and recover from disasters, armed conflict, and life-threatening health conditions. The American Red Cross achieves these goals by working within the global network of Red Cross and Red Crescent societies.
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Marquis Company estimates that annual manufacturing overhead costs will be $894,600. Estimated annual operating activity bases are direct labor cost $497,000, direct labor hours 49,700, and machine hours 99,400. Compute the predetermined overhead rate for each activity base.
Overhead rate per direct labor cost: 180%
Overhead rate per direct labor hour: 18
Overhead rate per machine hour: 9
Procedure:
Overhead rate per direct labor cost
= 894600 ÷ 497000
= 1.8
= 1.8 × 100
= 180%
Overhead rate per direct labor hour
= 894600 ÷ 49700
= 18
Overhead rate per machine hour
= 894600 ÷ 99400
= 9
Divide each operating activity cost by manufacturing overhead cost
What is overhead rate?
The overhead rate is a cost that is incurred during the manufacturing of a product or service. Overhead costs are expenses that are not directly related to production, such as corporate office costs. An overhead rate is applied to the direct costs associated with production to allocate overhead costs by spreading or allocating overhead costs based on specific measures.
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To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would trace
To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch (C) items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
What are inventory items?Inventory item - a discrete product that can be indicated as being in stock. You can track inventory if your company sells stock items. A product purchased for resale that is tracked in Stock and on the Balance Sheet is an inventory item.An inventory list should, in general, include the product's name, SKU number, description, cost, and quantity. Inventory lists assist brands in managing and monitoring stock levels, enabling tighter inventory control and a more streamlined approach to inventory management.An auditor will most likely attest items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets to get assurance that all inventory items in a client's inventory listing schedule are valid.Therefore, to gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch (C) items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
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Complete question:
To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch
A. Inventory tags were noted during the auditor's observation of items listed in the inventory listing schedule.
B. Inventory tags were noted during the auditor's observation of items listed in receiving reports and vendors' invoices.
C. Items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
D. Items listed in receiving reports and vendors' invoices to the inventory listing schedule.
Sam buys a franchise from Taco Loco Inc. This relationship, like all other franchise relationships, is governed by Group of answer choices the federal Franchise Rule. contract law. applicable state law. all of the choices.
The fact that Sam buys a franchise from Taco Loco Inc means that it is governed by all of the choices.
Which authorities govern franchise deals?As business deals, franchise deals will fall under several levels of government but most especially the state that it occured in.
The federal level will impose the federal franchise rule, and the tenets of contract law will be abided by.
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Purchasing professionals need to ________ and ________ in order to find the right supplier.
Answer is tough question and homework.
The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.
The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.
Therefore, the blank is to be filled by tough question and homework
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Purchasing experts want to difficult query and homework so that you can find the right provider.
Purchasing professionals and shoppers do not forget rate, high-quality, availability, reliability, and technical support whilst choosing providers and products. buyers and buying retailers purchase products and services for businesses to apply or resell. They examine suppliers, negotiate contracts, and overview the first-rate of products.
The certified shopping professional (CPP) software is for experts who've established the skills to successfully enforce advanced purchasing and deliver chain practices as part of a business answer in an enterprise.
The 4 primary roles of procurement:
objective 1: support Operational necessities.objective 2: manipulate the Procurement manner and the supply Base correctly and efficaciously.objective 3: expand sturdy Relationships with different practical companies.objective four: support Organizational desires and goals.Case examine.
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Beverly is creating a website for her new clothing company. Aside from including photographs, how can she use the index page to quickly attract the
She can use bright contrasting colors and place a link to the index of summer clothing product pages and a noticeable location.
You can get a free area thru a spread of approaches, either by getting a web web hosting plan, a domain builder, an e-mail hosting plan, or via an unfastened area registrar.
A website (also written as a website) is a set of internet pages and associated content this is identified by means of a commonplace area call and published on at least one network server.
A website is a set of publicly on-hand, interlinked web pages that percentage a single area call. Websites may be created and maintained via a man or woman, group, business, or organization to serve an expansion of purposes. together, all publicly handy websites represent the arena-wide net.
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May the landscaper assert and maintain a counterclaim against the homeowner for breach of contract, seeking the $30,000 due under the landscape contract?
No the landscaper cannot make the claim under the landscaping contract as the court does not have subject matter jurisdiction. A landscaping contract, also known as a landscaping services contract, is a legally binding agreement between a landscaping contractor and a client.
The agreement specifies payment terms, contact information for each party, types of services provided, and how to resolve legal disputes. It is common practice to require clients to sign a landscaping contract. When both parties sign a landscaping contract, it is legally binding and represents a shared understanding. A landscaping contract must contain several essential elements in order to be enforceable and get claim.
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According to the above excerpt, what type of shock would this be: A. Positive Demand Shock B. Positive Supply Shock C. Negative Supply Shock D. No Shock
Answer:
A positive demand shock
In order to shorten the duration of a project the project manager should limit the choices of activities to just those that are on the __________.
In order to shorten the duration of a project, the project manager should limit the choices of activities to just those that are on the critical path.
The time required to complete a project is referred to as the project duration.
All tasks are significant, but only some are crucial.
A series of interconnected tasks known as the critical route has a direct impact on the project's completion date.
The entire project will be late if any work on the crucial path is delayed.
The calculated start or conclusion date of the project is controlled by a group of tasks (or, occasionally, only one job) known as the critical path.
Task dependencies often link the tasks that make up the critical path together.
Such task networks are probably prevalent throughout your project design. The project is finished when the final job on the critical path is finished.
Hence, the critical path is the answer.
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While engaging clients for a penetration test from highly regulated industries, which of the following is usually the MOST important to the clients from a business perspective
SOW and final report is usually the MOST important to the clients from a business perspective.
Statement of Work (SOW)A Statement of Work is a significant document for a penetration testing project. If one is at the stage of executing an SOW, it must mean that one has completed the vetting process and soon be locking in a penetration testing vendor. It is required when a project affects vendors and other supporters in addition to the project team.
Final ReportA penetration test report is the conclusion of a technical protection risk assessment that works as a relation for business and technical groups. It performs multiple advantages in addition to a team's internal exposure management strategy.
The Five Phases of Penetration TestingThe five penetration testing stages are reconnaissance, vulnerability assessment, scanning, exploitation, and reporting.
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According to the Statute of Frauds, a general partnership that exists for more than ________ must have a written partnership agreement.
According to the Statute of Frauds, a general partnership that exists for more than one year must have a written partnership agreement.
A general partnership is a business entity made of two or more partners who agree to establish and run a business.
What is Statute of Frauds?Statutes that exist in every state which require that certain types of contracts are enforceable only if the contract is in writing or evidenced by a written memorandum or electronic record that is signed.A statute requiring certain contracts to be in writing and signed by the parties bound by the contract. The purpose is to prevent fraud and other injury.The objective of the statute of frauds is to not enforce particular contracts unless there is a written memorandum or note signed by the persons involved with the contract. An authorized representative may also sign the written document. In a breach of contract action, a defendant may invoke the statute of frauds.
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If firms are earning zero economic profits, they must be producing at an output level at which Group of answer choices price equals marginal cost. price equals average total cost. price equals average variable cost. marginal revenue equals marginal cost.
The corporation makes no money if the price it receives forces it to produce at a level where average cost equals price, which happens at the minimum point of the AC curve.
What happens if there are no economic gains?Normal profit is also referred to as "zero economic profit" since a business will be in a state of normal profit when its economic profit is equal to zero. When all resources are being used effectively and cannot be employed more effectively elsewhere, normal profit arises.
Why Do Competitor Companies Maintain Their Existence If They Make No Profit?Total revenue less total costs = profit. All of the firm's opportunity expenses are included in the total cost. In the zero-profit equilibrium, the company's revenue covers the owners' time and financial outlays to maintain the operation.
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a type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called
A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.
What is a constitution?Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.
In conclusion, Association and labor groups are two types of groups that have a constitution and bylaws and have been formed for a reason other than getting insurance.
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When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies of scale, true or false?.
When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies of scale, the firm is a natural monopoly.
What is economies of scale?This refers to those benefit an organization gains as a result of expansion of the production output.
Economies of scale are the cost advantages that companies obtain due to size output or scale of operation. The cost per unit of output generally decreases when the scale increases because fixed costs are spread out over more units of output.
Economies of scale apply to a variety of organizational and business situations and at various levels, such as a business or manufacturing unit, plant or an entire enterprise.
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Larry purchased a Leisure Lawnmower because the company salesperson intentionally misled him by assuring him that the mower was self-propelled, had a mulching feature, and had a five-year unlimited manufacturer's warranty. When Fred finds out that his new Leisure Lawnmower is not self-propelled, does not mulch, and has a 90-day warranty, he may successfully sue for a. reformation of the contract only. b. restitution and possibly punitive damages. c. compensatory damages only. d. restitution only.
Larry purchased a Leisure Lawnmower because the company salesperson intentionally misled him by assuring him that the mower was self-propelled, had a mulching feature, and had a five-year unlimited manufacturer's warranty. When Fred finds out that his new Leisure Lawnmower is not self-propelled, does not mulch, and has a 90-day warranty, he may successfully sue for restitution and possibly punitive damages. Option B. This is further explained below.
What is a lawsuit?Generally, Larry fell for the purposeful deception perpetrated by a salesman for Leisure Lawnmower, who assured him that the mower was self-propelled, had a mulching function, and had a five-year unlimited manufacturer's guarantee. As a result of this, Larry bought a Leisure Lawnmower. When Fred discovers that his brand new Leisure Lawnmower does not have self-propulsion, does not mulch, and only has a 90-day guarantee, he has a good chance of winning a lawsuit against the manufacturer for compensation and perhaps punitive penalties.
In conclusion, From the Longman Business Dictionarylawsuit an accusation, claim, or complaint against someone that is brought in a court of law by a private individual or firm, as opposed to being made by the police or the state lawsuit against local citizens filed a private lawsuit against the City over water pollution.
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Honda places several motorcycles in ""pods"" in order to load them efficiently using forklifts. this system of materials handling is called?
The system of materials handling called a unit loading is used by Honda in placing its several motorcycles in ""pods"" in order to load them efficiently using forklifts.
What is an unit loading?This refers to the size of an assemblage into which a number of individual items are combined for ease of storage and handling.
For instance, in the warehouse loading, the pallet load represents a unit load which can be moved easily with a pallet jack, forklift truck and the container load represents a unit for shipping purposes.
Hence, the system of materials handling called a unit loading is used by Honda in placing its several motorcycles in ""pods"" in order to load them efficiently using forklifts.
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Taxes on employee wages to fund Social Security apply to all earnings up to ________. Group of answer choices $63,700 $46,500 $117,000 $128,400
Taxes on employee wages to fund Social Security applies to all earnings up to $117,000.
In 2022, if you work, approximately 85 cents of Social Security taxes will go to a trust fund to provide monthly benefits to current retirees and their families, as well as spouses and children of deceased workers. be paid.
Employer will give Social Security a copy of her W-2 Income Statement when giving a copy of the income tax return. Keep track of your earnings with these employer reports
In addition to hospitalization and medical benefits, most employers offer group life insurance. Employees typically get lower rates on group plans. Group plans also typically accept all employees, including new hires and non-probationary employees, regardless of health or physical condition.
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Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to ______.
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.
Why is company with high earning potential sought for?Companies with high earnings potential have the capability to manage their company.
Banks and other agencies look to working with them because they have a viable business tat brings in money from where they can also get their own share if they invest with them.
Therefore,
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.
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jones Corporation had a beginning inventory of 300 units which it bought for $5 each. Jones bought 500 more units at $4 each on February 1st and 200 units more for $6 each on February 5th. On February 8th Jones sold 150 units. What is Jones' cost of goods sold under the FIFO method
Calculation of cost of goods sold under FIFO method:
units Rate Total
Opening inventory 300 $5 $1500
Purchases 500 $4 $2000
Purchases 200 $6 $1200
Sales 150 $5 $750
The cost of goods sold is $750
What is FIFO?FIFO is also known as First In First Out method, it is used to calculate the movement of inventory, the first unit is sold first and on.
Therefore the units available in the beginning inventory is sold first and the units sold is only 150 units while the inventory is 300 units so all the units sold are calculated at a rate of $5.
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A very useful guide for making investment decisions is: The shorter the payback period, the more profitable the project. Group starts
A very useful guide for making investment decisions is: The shorter the payback period, the more profitable the project: The shorter payback period makes the investment attractive but it isn't sure that it will be profitable.
An investment decision is a well-planned action that allocates financial resources to acquire the highest possible return
Investment decision taken by individual concern is of national importance because it determines employment, economic activities, and economic growth.
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when can you be put on notice of sexual harassment if an employee tells you about an incident that may have happened to another employee by a school district employee.
As an employee, when another employee shares any incident of sexual harassment that has taken place with anyone in the organization we must take the following measures.
take any complaint of sexual harassment very seriouslythink very carefully about the way we handle a complaint, to make sure we do it fairly and sensitively and follow the right procedurestell everyone involved in the complaint what the process will behandle the complaint as quickly as possibleConsider carefully what we say to someone while we are discussing a complaint of sexual harassment.
There are certain things that are inappropriate or unacceptable to be kept in mind which are:-Do not suggest that someone should not pursue their complaint by warning them that it would be a lengthy and tough process or asking them if they are certain they want to proceed.Saying that their issue doesn't seem that serious is inappropriate since you should take all concerns extremely seriously.To learn more about dealing a complaint of sexual harassment,, click the links.
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After several United Airlines flights were canceled because of bad weather, reservation clerks had to scramble to get passengers rerouted to their destinations on other flights and/or airlines. This is primarily an example of
After several United Airlines flights were canceled because of bad weather, reservation clerks had to scramble to get passengers rerouted to their destinations on other flights and/or airlines. This is primarily an example of adaptive task performance. This is further explained below.
What is adaptive task performance.?Generally, The capacity of a person to adjust to quickly changing work settings is what is meant by "adaptive performance." Problems can be solved imaginatively, ambiguity can be managed, new tasks can be learned, adaptation in interpersonal relationships can be shown, and emergencies can be handled. These are all aspects of adaptive performance.
In conclusion, Because of the inclement weather, numerous flights operated by United Airlines had to be canceled, and reservation clerks had to work quickly to rebook customers on other flights and/or airlines so that they could reach their final destinations. First and foremost, this is an illustration of adaptable task performance.
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Any factor that leads businesses to collectively expect lower rates of return on their investments ______ investment demand.
Any factor that leads businesses to collectively expect lower rates of return on their investments reduces investment demand.
The aggregate call includes consumption and funding demand. aggregate call for is the call for of total items and services in the economy as it is not possible to be counted all the bodily quantities the overall expenditure on all goods and offerings are taken into consideration.
Investment call for refers to the demand with the aid of corporations for physical capital items and offerings used to hold or extend its operations. Think of it because the workplace and factory space, machinery, computer systems, desks, and so forth might be used to operate an enterprise.
Funding is a part of combination demand; modifications in funding shift the aggregate call for curve by the amount of the preliminary exchange times the multiplier.
The question is incomplete. Please read below to find the missing content.
Any factor that leads businesses to collectively expect lower rates of return on their investments _____.
Multiple choice question.
A) reduces output
B) increases output
C) increases investment demand
D) reduces investment demand
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The returns of ABC Company and the market are listed below. Compute the beta for ABC Company stock (Hint: Think rise over run). Round your answer to two decimal places of a whole number, e.g., x.xx. Year ABC Market 2018 13% 22% 2019 18% 28% 2020 8% 16%
Beta = Covariance/Variance where: Covariance=A measure of an investment's return in relation to the market Variance is a measurement of how the market deviates from its mean.
Compute the beta for ABC Company stock ?
The standard deviation of returns for the asset could be divided by the standard deviation of returns for the benchmark to determine beta. The correlation between the security's returns and the benchmark's returns of 32.21 percent is multiplied to arrive at the final number.
Given that AAPL's beta of 0.6035 suggests the stock theoretically experiences 40 percent less volatility than SPY, AAPL would be regarded as being less volatile than SPY in this situation.
A stock with a beta greater than 1.0 fluctuates more than the market over time. A stock's beta is less than 1.0 if it moves less than the market. High-beta equities typically carry higher risks but also have a bigger potential reward. Although they carry less risk, low-beta equities often offer lesser returns.
Because of this, beta is frequently employed as a risk-reward ratio, which aids investors in deciding how much risk they are ready to accept in order to reap the potential rewards. It's crucial to take stock price volatility into account when determining risk. Beta is a useful proximate for risk if you view of risk as the likelihood that a stock would depreciate in value.
Beta = Covariance/Variance where: Covariance=A measure of an investment's return in relation to the market Variance is a measurement of how the market deviates from its mean.
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When faced with an intercultural ethical dilemma, you should ask yourself if the action is legal, if you can rule out a better alternative, if a trusted advisor would agree, and ________.
When faced with an intercultural ethical dilemma, you should ask yourself if the action is legal, if you can rule out a better alternative, if a trusted advisor would agree, and if you would do it if you were on the opposite side.
Why do you understand the ethical dilemma?
A decision-making issue between two possibilities in which neither is wholly acceptable from an ethical standpoint is known as an ethical dilemma (also known as a moral dilemma, ethical paradox, or moral conundrum).
How do you identify an ethical dilemma?
Health workers of all stripes frequently run across moral conundrums. You are advised to make decisions using a sequential process while taking ethical issues into account:
Identify the issue thereIdentify the problem and those in charge.Think about the pertinent details, laws, and regulations.Consider other possibilities following analysis.Implement the solutionReviewing and actingLearn more about an ethical dilemma :https://brainly.com/question/13015186
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Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.
Spending plans are divided into three categories with roughly 50% of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to esi.
What is spending plans?Spending plans can be defined as the process of planning how to spend your money by sharing your income based on want your need and what you want which will inturn can enable you to effectively manage your money as well as the way you spend.
Hence, Spending plans are divided into three categories with roughly 50% of the after tax budget going to the category of needs and 30% of the after tax budget going to wants, with the rest going to esi.
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Diversification reduces the risk of a portfolio because?
Diversification reduces the risk of a portfolio because different investments can rise and fall independently of each other.
Divide your money among a number of assets to achieve diversification. Because different investments can rise and fall independently of one another, diversification helps to lower risk. The pairings of these assets more often than not will cancel out each other's volatility, hence lowering risk.
What is diversification and what does it reduce in a portfolio?
Spreading your investments out will limit your exposure to any one form of asset. This approach is known as diversification. This routine is intended to gradually lessen the volatility of your portfolio.What is diversification of risk?
The process of investing across various markets and subcategories within a single portfolio is known as risk diversification.
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How a researcher knows what is topical within his or her subject and why it is important to know that
The research topic that the researcher finds is interesting and hence, he becomes anxious to complete the research work to add value to existing gap.
The research's "what," or the subject to be examined, is provided by the topic. The researcher can locate the research in the literature by defining and identifying the "what" of the study. The drive to pursue an interest is personally generated by curiosity. You can concentrate interest by concentrating on accuracy and clarity.
You must select one study topic that can be thoroughly studied. Clearly define your bounds. Take into account this illustration of topic concentration. Try this question instead of "I am interested in why children are not succeeding": "What effect does comprehending specialised academic language have on accomplishment in the natural sciences for third-grade Hispanic second-language learners?"
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