One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.
What is a monopoly?A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.
An example of a monopoly is a utility company
Here is the complete question:
One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.
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________ are costs that make customers reluctant to switch to another product or service. Multiple Choice Support activities Loyalty rewards Value chain activities Switching costs
The answer is switching costs.
The expenses a consumer incurs as a result of switching brands or products are known as switching costs.
Financial, psychological, effort-based, and time-based switching costs are all possible.
High switching costs and low switching costs are two different categories of switching expenses.
To keep customers from migrating to another brand, businesses try to use high switching fees.
High switching costs are a strategy used by businesses with hard-to-perfect products and little competition to increase revenues.
Some businesses that are unable to demand larger switching fees will guarantee lengthy wait times and product delays in order to retain their customer base.
Hence, Switching costs are costs that make customers reluctant to switch to another product or service.
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Management has reason to believe that someone internal to the organization is committing fraud. To confirm their suspicion, and to collect evidence, they need to set up a system to capture the events taking place. Evaluate which option will best fit the organization's needs.
In order to uncover a fraud there are certain ways and protocols that can be followed described below:
What is a Fraud?Fraud is an act of earning a gain through a wrongful source, the fraud may be performed by an individual or a group of individuals. The need to identify this is important that whether the fraud committer is an individual or there is a group of people doing it.
The first is to identify and confirm that a fraud is happening, gathering all the evidences regarding this, then the evidence should be gathered which identifies the individual committing fraud, this can involve the suspicious individuals to be monitored for their activities.
In the last the fraud committer should be provided with a warning or terminated or fined or a case can be filed in the court of law for this depending on the level of fraud.
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When you use money to purchase a new car, money serves as a: double coincidence of wants. medium of exchange. store of value. unit of account.
Answer:
medium of exchange. since it is being offered in exchange for the car
When you use money to purchase a new car, money serves as medium of exchange. Hence, option B is correct.
What is a medium of exchange?A system or instrument that serves as a middleman in exchanges of products between parties is known as a medium of exchange. In modern economies, money is the main medium of exchange.
The vast majority of forms of money, including as fiat money, cryptocurrencies, representational money, and commodity money, are grouped under the category of mediums of exchange. Digital tokens and physical items like coins and bills are the most prevalent types of representational and fiat money.
As trading mediums, money and currency are employed. They allow effective commerce and boost exchange-related activities, which makes them crucial for a strong economy.
Thus, option B is correct.
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The difference between job enrichment and job enlargement is that:
Job enrichment means improving or increasing with the help of upgrades and development, and job enrichment means adding tasks to increase workload.
Job Enrichment expands the range of jobs you can achieve and the skills you can develop. This makes work more exciting and interesting and brings diversity, challenge, and depth to everyday life. A fulfilling job gives you more freedom, independence, and responsibility.
The definition of job expansion is to add additional activity within the same level to an existing role. This means that people are doing more and more different activities in their current job.
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Expenses are best defined as: Multiple Choice Amounts owed to creditors. Amounts the owners have invested in the business. Costs of providing products and services. Distributions to stockholders.
The best way to describe expenses is as the cost of delivering goods and services.
What exactly is a cost?An expense is a business's operational cost incurred to produce income. It takes money to make money, as the adage goes. Supplier payments, staff salaries, manufacturing leases, and equipment depreciation are examples of frequent costs.
What are some examples of expenses?Cost of goods supplied for routine business operations is one example of a common expense.Pay, commissions, and various forms of labor.alterations and upkeep.Rent.utilities (such as heat, air conditioning, lighting, water, and a phone)rates for insurance.Interest that is owed.Bank fees and chargesWhich 5 categories of expenses are there?The various expenses include
Cost of Goods Sold.Operating ChargesFinancial Outlays.Astonishing Charges.Non-operational Costs.Other Expenses.Prepaid Charges.Accrued Costs.learn more about expenses here
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If the aggregate demand curve shifts from ad0 to ad1, short run equilibrium output will move initially from point a to point _____.
If the aggregate demand curve shifts from ad0 to ad1, short run equilibrium output will move initially from point a to point a1.
ad means the initial demand curve and the ad1 is the shifted demand curve.
In the given equation a means the equilibrium point initially and a1 is the equilibrium point to which output has shifted.
A shift in the demand curve occurs when the determinants of demand other than the price changes. It also occurs when the demand for goods and services changes even though the price did not change.
The demand curve shifts to the right if the determinant increases the demand. This means that the demand of the good or service is increasing even though there's no change in price. When there is boom in the economy , buyers' incomes will rise.
They'll buy more of everything, even though there is no change in the price.
The demand curve will shifts to the left if the determinant causes demand to fall. This means that less of the good or service is demanded. That occurs during a recession period when buyers' incomes fall. They will buy less of everything, even though the price is the same.
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A business that does not need a full-time accountant, would most likely use a ______ accountant in which services are exchanged for a fee. multiple choice question. internal public specialized private
A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.
Who is an accountant?An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.
The role of an accountant include performing accounting functions such as:
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__________ are elements of information that the commander identifies as being critical to timely decision making.
Commander's critical information requirements are elements of information that the commander identifies as being critical to timely decision-making.
Commander (commonly abbreviated as Cmdr) is a common naval officer rank. Commander is also used as a rank or title in other formal organizations, including some police forces. In some countries, this naval rank is called frigate commander.
A commander is also a general term for officers who command units in an army, such as platoon commanders, brigade commanders, and squadron commanders. Police use terms such as "district commander" and "operations commander."
Commander is a rank used in the navy but is rarely used as a rank in the military. Originally, the title "master and commander" was used in the 18th century by a naval officer to command a warship, too large for a lieutenant to command, but too small to warrant the duties of a post-his captain (until about 1770). ) master; the commander served as his own master. In practice, these were unrated sloops, usually no more than 20 guns. The Royal Navy shortened "Master and Commander" to "Commander" in his 1794. However, the terms "master and commander" remained in common (unofficial) use for several years, until the equivalent American rank master commander continued to be used until 1838 when it was changed to the commander. I got
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Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments. Which of the following is true
Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments Janice may assist in new companies’ issuance of securities as long as she makes notice of a conflict of interest
Financial security reaches a point where you are stable with enough money to pay off debt, pay monthly expenses, invest for retirement, and keep money in the bank for emergencies.
Elementary security is a financial asset or instrument that has value and can be bought, sold, or traded. Some of the most common examples of securities are stocks, bonds, options, mutual funds, ETF stocks, liabilities, and equities.
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Small businesses can compete with larger rivals with bigger budgets by employing unconventional, low-cost creative techniques known as:___________.
Small businesses can compete with larger rivals with bigger budgets by employing unconventional, low-cost creative techniques known as bootstrap marketing stratergy.
Companies that lack a large staff of marketing specialists frequently use "bootstrap marketing" to promote their brands. Pulling oneself up by one's bootstraps is the expression from which "bootstrap marketing" gets its name. Marketers who employ bootstrapping strategies rely more on fortitude, cunning, and strength than on significant expenditures and cutting-edge technology.
One of the earliest, most efficient, and budget-friendly elements in any bootstrap marketing effort are business cards. It's customary to trade business cards during in-person social events. Some marketers purposefully tuck business cards into reference books on their industry.
Local social networking sites give business owners a direct channel of communication with local clients, while internet social networking expands that reach globally.
Hence, Small businesses can compete with larger rivals with bigger budgets by employing unconventional, low-cost creative techniques known as bootstrap marketing stratergy.
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small businesses can compete with larger rivals with bigger budgets by employing unconventional, low-cost creative techniques known as bootstrap marketing strategies.
What is Bootstrap Marketing? It's mostly a mindset. It allows you to do more than you think—and you don't have to invest much to do it. When it comes to marketing, you have to think outside the box. In other words, bootstrapping means doing things yourself at little or no cost.
A bootstrap marketing plan should achieve three goals: Identify specific target markets that your small business serves. Identify customer needs and desires through market research. Strategies around them to communicate their value proposition to the target market.
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You are the decision maker for purchasing office equipment in your organization. one sales representative privately offers you season tickets to the texas rangers if you help him out. this tactic is_______.
You are the decision maker for purchasing office equipment in your organization. one sales representative privately offers you season tickets to the texas rangers if you help him out. this tactic is a bribe.
Bribery is the act of offering, giving, receiving, or soliciting anything of value in order to persuade an official or another person in charge of legal or public responsibility to take a particular course of action.
Bribery is defined as "Corrupt solicitation, acceptance, or transfer of value in exchange for official action" in reference to governmental activities.
Bribery does not include the giving of money or other valuables that are otherwise accessible to everyone equally and are not done so dishonestly.
A lawful rebate that is extended to all buyers is not bribery; it is the offering of a discount or a return.
Hence, the tactic mentioned in the given question is a bribe.
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If a firm is more concerned about the quick return of its initial investment than it is about the amount of value created, then the firm is most apt to evaluate a capital project using the _____ method of analysis. Group of answer choices
The firm is most apt to evaluate a capital project using the payback method of analysis. Group of answer choices.
Methods evaluation is taking a look at how a process is performed. whereas job layout shows the structure of the job and names the responsibilities inside the structure, methods evaluation details the obligations and the way to do them. The system concerned with the distinct procedure for doing a particular job.
Financial evaluation has three sub-divisions: vertical analysis, horizontal analysis, and monetary ratios. Horizontal analysis is one of the primary strategies in financial management.
Contemporary strategies for chalcogen compounds evaluation and structural dedication discussed encompass: UV-seen and infrared spectroscopy (UV-Vis and IR), thermo analysis, electrochemistry, magnetic evaluation, chromatography, X-ray techniques (ordinarily XRF, XRD, and EDX), high-decision microscopy (SEM and TEM)
The question is incomplete. Please read below to find the missing content.
If a firm is more concerned about the quick return of its initial investment than it is about the amount of value created, then the firm is most apt to evaluate a capital project using the _____ method of analysis.
A. modified internal rate of return
B. profitability index
C. internal rate of return
D. net present value
E. payback
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Consider the market in the graph shown. Using the mid-point method, what is the price elasticity of supply when the price increases from $40 to $60
Answer:
I DON'T NO NOOBBBBBBBBBBBBBBBBBB
How do I earn money the quickest way?
What type of level is the most commonly used level in the construction industry?
I-beam is the most commonly used level in the construction industry.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Industries are usually classified according to the goods and services they produce. For example, the pizza industry includes all producers who produce pizza and sell it on the market. It is important to note that in order for a pizza maker to become part of the pizza industry, the products they make must be marketed.
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According to the pie chart, which function consumed the largest portion of government expenditures in 2003
According to the pie chart, providing retirement income for older citizens consumed the largest portion of government expenditures in 2003. It takes up about 22% of the whole expenditure.
What does retirement income entail?Social Security payouts and any other benefits from annuities, retirement or profit-sharing plans, insurance policies, IRAs, etc. are all examples of sources of retirement income.
Income from retirement may be wholly or partially taxed.
What Constitutes a Good Retirement Income?
Approximately 80% of your pre-tax salary before retiring, according to AARP, is a respectable retirement income. This is due to the fact that you won't be covering any income tax or other employment-related expenses once you stop working.
Where Does the Money for Retirement Come From?
There are many different ways for people to fund their retirement. These might include inflation-protective investment accounts, government-sponsored benefits, or ongoing wages. In general, it's better to have a variety of these kinds of income to make sure you have enough to live comfortably.
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In a market-oriented economy, private firms will undertake most of the _____________________________, and ________________ should seek to avoid a long series of large budget deficits that might crowd out such investment. economic growth activities; monetary policy economic growth activities; fiscal policy investment in human capital; monetary policy investment in physical capital; fiscal policy
In a market-oriented economy, private firms will undertake most of the investment in physical capital, and fiscal policy should seek to avoid a long series of large budget deficits that might crowd out such investment. This is further explained below. Option D is correct.
What is the investment?The majority of investments in physical capital will be carried out by private companies in an economy that is oriented toward the market. As a result, the goal of economic policy should be to prevent an extended period of substantial budget deficits, which might discourage such investments. This will be discussed in further detail below.
In conclusion, The definition of an investment is an asset that is purchased or invested in with the intention of accumulating wealth and saving money from the hard-earned income or appreciation of the asset. To earn an extra source of income or make a profit from an investment over a certain amount of time is the primary intent of most people when they undertake investing activities.
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In which form of price determination does the real estate professional often just drive by the property and take photos, then complete paperwork for the lender?
In broker's price opinion, the real estate professional often just drive price determination by the property and take photos, then complete paperwork for the lender. A broker price opinion, or BPO, is a real estate professional's assessment of the worth of a property.
Internal and external broker's price opinion's are two basic categories. A broker will spend time inside home during an interior BPO to assess property's condition, take measurements, and take pictures. A broker may only be able to evaluate the outside of the property with an external BPO, also known as a drive-by BPO, before assigning it a sticker price.
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A company's organization chart displays, among other relationships, the company's vertical hierarchy of authority. This hierarchy demonstrates
This vertical hierarchy of authority demonstrates the more traditional organizational structure.
With executives at the top, intermediate managers in the centre, and low-level managers and employees at the bottom, vertical hierarchy is commonly used by companies with a high number of people. You and other senior-level executives make all the important decisions in the vertical hierarchy and communicate those decisions to mid-level managers.
These managers create strategies for putting your decisions into action and disseminate these strategies to the low-level managers in charge of monitoring your staff while they perform their daily duties. This vertical hierarchy organizational structure includes a clear chain of command and stringent rules about how your employees can make suggestions that go to the top of your business.
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As a student of business you recognize that the HR director believes that a person holding this postiion would be motivated by:_____.
As a student of business, you recognize that the HR director believes that a person holding this position would be motivated by job enrichment.
Job enrichment is the system of including motivators to current roles which will increase satisfaction and productivity for the worker. this could be done thru increasing autonomy, skill and assignment range, presenting feedback, and so on.
The difference between process enrichment and activity expansion is fine and amount. Task enrichment means improvement, or growth with the help of upgrading and development, while job growth manner to features greater responsibilities and an extended workload.
Task enrichment is a method of motivating personnel in which an activity is designed to have exciting and difficult tasks which could require more skill and can grow pay.
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1. In what ways are boundaries and money management related to deep core needs?
I feel as though it speaks to trust in your relationship. If you are able to communicate boundaries and come up with what works for you and your spouse, you will gain that trust. With trust you also gain safety and security in a relationship.
The processes of setting up a budget, saving money, making investments, and spending are all examples of money management. The phrase can also be used to refer more specifically to portfolio and investment management.
Money management, sometimes known as investment management, is the process of keeping track of expenses, investing, setting a budget, banking, and assessing taxes on one's money. A strategic approach to managing money is to ensure that every dollar spent generates the maximum possible return on investment.
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Katie was notified in November that she will be receiving a $75,000 bonus. This is her first year as an executive and she is thrilled, but she is concerned about the tax impact. She decides to take $25,000 in December (the normal payable date) and to defer the residual for 15 years when she plans to retire. Does Katie have a taxation issue assuming that there is an immediate vesting policy in place for her employer's deferred comp plan
The answer is Yes, Katie have a taxation issue assuming that there is an immediate vesting policy in place for her employer's deferred comp plan
The term impact is used to describe the immediate consequences or initial imposition of a tax. The tax impact first affects the taxable person. Therefore, those who are eligible to pay taxes to the government are in effect. The
cascade tax effect is also known as "taxable". This effect occurs when goods are taxed at all stages of production. Such goods are taxed until they are finally sold to consumers. This means that subsequent transfers of goods will be taxed, including the tax levied on the previous transfer.
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In the theory of perfect competition, the assumption of easy entry into and exit from the market implies:_____.
The assumption in perfect competition that there is an easy entry and exit from the market implies that firms will make a zero economic profit in the long run.
Why do firms make a zero economic profit?In a pure competition, companies are allowed to freely enter and leave.
They take advantage of this to enter a market when prices are high and economic profit is being made.
As more firms enter, the economic profit keeps decreasing as prices decrease until this profit gets to zero and then turns to economic losses.
At this point, some firms will leave the market to stop making losses. When they do, the supply will decrease which leads to prices rising once more.
The cycle will then repeat itself and keep the companies at a zero economic profit in the long run.
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What is the correct process for setting up a recurring project for the same client?
Create a project
Go to Work, then select Create project. The Create project panel appears.
Fill out the fields.
(optional) If you want your project to recur at specific intervals, switch the repeat button, then set the interval, day of the recurrence, and end time.
Select Save.
The practice management function in QuickBooks Online Accountant, which you can access from the Work menu, includes projects. By selecting the button in the top right corner, a new project can be started.
By doing so, the drawer for creating projects is opened, allowing you to enter the necessary information. The Repeat switch has been included at the right as part of this release to set up recurring projects
When this option is turned on, a new group of fields for the project will appear. With the option to choose an end date, you can decide how frequently this recurring projects will be repeated. Remember that the recurrence is connected to the Due date that you choose. The Weekly, Monthly, or Yearly option is the first field in Repeats. Whichever of them you select will determine the possibilities that come next.
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Accounts payable, notes payable, and bonds payable are all common ______. multiple choice question. categories of assets liability accounts owners' equity accounts categories of cash flows
Accounts payable notes payable, and bonds payable are all common categories of asset liability. Option A
This is further explained below.
What is asset-liability?Generally, Your balance sheet may be broken down into its most basic form, which is comprised of only two sections: assets and liabilities. Your company's assets are the things it possesses that have the potential to offer an economic advantage in the future. Your obligations to other parties are referred to as your liabilities. In a nutshell, assets are what placed money in your wallet, while liabilities are what took money out of your pocket.
In conclusion, A typical kind of asset obligation includes accounts payable, notes payable, and bonds due. Choice A
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In the long run the most important factor that shifts the aggregate supply curve is?
In the long run, the most important factor shifting the SRAS curve is productivity growth.
What do you mean by productivity growth?
Productivity—in economic terms—is how much output can be produced with a given quantity of labor. One measure of this is output per worker, or GDP per capita.
Since 1947, the U.S. corporate sector has been able to create nine times more goods and services with only a little increase in labor hours thanks to productivity gains. An economy may create and consume more goods and services for the same amount of effort when productivity is growing.
Productivity is a way of thinking and a condition of being. Being effective entails acting in every situation as we actively choose to and not as we feel pressured to by external factors. Being productive requires adopting a mindset of constant development.
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If an investor strongly believes that the stock market is going to have a sharp decline shortly, he or she could maximize profit by a. short selling stock-index futures contracts. b. hedging current short positions. c. using stock-index futures to straddle the market. d. buying stock-index futures contracts.
The correct explanation is option (a), "short selling stock-index futures contracts".
What is short selling stock-index futures contracts?When you buy a futures contract to "short sell," you are doing so with the intention of selling it later at a lower (ideally) price. Unlike the stock market, there is no requirement for financing.
The working of short selling stock-index future contracts is-
The concept is to obtain anything you don't already own on loan, sell it, and then return it. Even though you will now receive the funds, you still owe the money you borrowed. You eventually have to return it. You make money if you can later purchase it for a lower price.The future contract can be shorted by-
By locking in a price through the directional hedge known as shorting the basis, any asset price changes are effectively eliminated until the futures contract expires. When shorting the basis, a long hedger prefers a narrowing in the basis.To know more about the futures in contract, here
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Advantages of debt financing over equity financing include that ______. (Check all that apply.) Multiple select question. debt financing does not require repayments interest payments are optional interest payments are tax deductible stockholders' control will not be diluted
Advantages of debt financing over equity financing include that interest payment on debt are tax deductible
What is debt financing?
Borrowing funds from banks, financial institutions, or other lenders (such as directors or other group companies).
When a company raises funds for working capital or capital expenditures by selling debt instruments to individuals and/or institutional investors, this is referred to as debt financing. Individuals or institutions that lend money become creditors in exchange for a promise that the principal and interest on the loan will be repaid.
What is equity financing?
Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash.
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Job order cost systems assign costs to: none of these answer choices. both custom jobs and mass produced products. similar products that are mass produced. specific (e.g. custom) jobs.
specific (e.g. custom) jobs
Systems for assigning costs to specific (such as custom) jobs in job orders
Job order cost - The cost of manufacturing each product is calculated using the job order technique of pricing. This costing method is typically used when the producer has to determine the cost of performing a specific task while producing a number of items that differ from one another.
The profitability of a job can be ascertained via job order costing. It aids the business in estimating the cost of the materials, labor, and overhead that will be incurred when carrying out that specific job. Effective job order costing enables businesses to provide quotations that are affordable enough to be appealing to customers while maintaining a profit margin.
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When delivering disaster assistance for tribes the best approach is:________
When delivering disaster assistance to tribes the best approach is to find someone who knows about each tribe to tell you how to approach them appropriately.
Tribal governments and their members are an integral part of our nation's emergency management team. Fulfilling her FEMA mission to work together to improve our nation's disaster preparedness and response requires effective inter-tribal relations.
FEMA is committed to assisting the Indian nation in its efforts to build more resilient and more prepared communities. Securing tribal communities and areas in the face of disasters In addition to necessity, FEMA shares the US government's unique interstate relations with federally recognized tribes.
FEMA recognizes the federally recognized tribal sovereignty and is committed to strengthening partnerships with tribal governments to improve emergency and disaster response capabilities across India.
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