Under the rule of 70, if the GDP per capita growth rate in the United States is 2.3%, standards of living double every 70/2.3 = 30.43 years.
What is Gross Domestic Product (GDP)?The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished goods and services produced (and marketed) within a nation within a specific time period (typically 1 year).
GDP Growth Rate:
The GDP growth rate compares the most recent quarter or year to the preceding one and represents the percentage change in real GDP (GDP adjusted for inflation) from one period to the next. A positive or negative number may be used (negative growth rate, indicating economic contraction).GDP per capita:
By dividing nominal GDP by a nation's entire population, one can get GDP per capita.It conveys the nation's average economic output (or income) per person. The population figure corresponds to the year's median (or mid-year) population.The price deflator, a statistical tool, is used to convert nominal GDP to constant prices.
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When the economy took a downturn and jobs were difficult to find, many people blamed immigrants. What would be a good explanation for rising prejudice in this situation
Realistic conflict theory would be a good explanation for rising prejudice in this situation.
What do you mean by Realistic conflict theory ?According to the realistic conflict theory, wherever there are two or more groups vying for the same few resources, there will be conflict, false preconceptions and ideas, and prejudice towards the various groups.
Just the perception of competition will foster hostile emotions and discriminating behavior in one group. For instance, whether or not it is accurate, ethnic group A will feel resentment and hatred if it perceives that members of ethnic group B are a threat to them by "taking employment."
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Fiscal policy affects the economy:_____.
a. in both the short and long run.
b. only in the long run.
c. in neither the short nor the long run.
d. only in the short run.
Answer: in the both the long run and short
Explanation:
A free rider is Group of answer choices Someone who only purchases resold goods or only uses items they can get for free. Someone who consumes a public good but does not pay for it. Someone who resells items they have purchased. Someone who gives away items they have purchased.
A free rider is option(b) i.e, Someone who consumes a public good but does not pay for it.
What is meant by the free rider?A free-rider problem is a form of market failure that happens when those who use resources, public commodities, or communal services underpay for them or do not pay for them at all. Free riders are an issue because they might still access or utilize the goods even though they aren't paying for them.
For instance, soliciting donations in a museum or garden. The donation sums would assist in paying for the garden/museum even if there would still be free riders.
Free riding hinders traditional free-market techniques of producing and consuming goods and services. Because individuals can still benefit from a shared resource even if they don't participate, free riders have no reason to do so.
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In surveys of managers, which technique to manage earnings was considered most acceptable?
When it came to surveying managers, the technique that was considered most acceptable to manage earnings was C. Manipulating operating decisions
How should management manage earnings?
In order to make earnings, a business needs to carry out operations that lead to revenue being generated.
The best way to make more earnings and manage them is therefore to manipulate the operating decisions of a company.
Options include:
A. Changing inventory valuation in order to influence earningsB. Accounting manipulationC. Manipulating operating decisionsD. Establishing cookie jar reservesFind out more on earnings management at https://brainly.com/question/17201795
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In the capital asset pricing model, an increase in inflationary expectations will be reflected by a(n)?
In the capital asset pricing model, an increase in inflationary expectations will be reflected by a parallel shift upward in the security market line.
The Capital Asset Pricing Model (CAPM), which additionally modifies the risk premium, explains the link between a security's projected return and beta model.
The link between systematic risk and anticipated return for assets, particularly stocks, is described by the Capital Asset Pricing Model (CAPM). The CAPM is a tool that is frequently used in finance to price hazardous securities and calculate projected returns for assets based on their risk and cost of capital.
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An increase in inflationary expectations will be represented in the capital asset pricing model by a matching upward shift in the securities market line. The relationship between the anticipated return and beta model of an asset is explained by the CAPM which also alters the risk premium.
The Capital Asset Pricing Model explains how systematic risk and expected return for assets, particularly stocks, are related. The CAPM is a tool that's often used in finance to value risky securities and estimate asset returns based on risk and capital costs.
The CAPM formula seeks to determine if a stock is properly valued by contrasting its predicted return with its risk and time value of money.
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As measured, gdp omits which of the following? i. Illegal sales of goods and services. Ii. Changes in the amount of leisure time. Iii. Household production of goods and services.
All of the options will be omitted while measuring the GDP
What is GDP?Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
The total amount of money spent during a specific time period by firms, consumers, and the government may be used to compute GDP. It may also be determined by adding up the total amount of money that each economic participant has received. The figure represents an estimate of "nominal GDP" under both scenarios.
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The following options describe costs incurred by owners of a given business. Identify which would be considered a sunk cost for a firm that is considering exiting a market
A sunk cost when the firm is considering exit is the cost which is being incurred already and is unavoidable.
What is a Sunk Cost?A sunk cost is a type of expenditure which the firm incurs and there is no way to avoid this cost, and the expenditure is incurred already and the next decision taken will have no impact on this expenditure.
For example the sunk cost can be:
Rent - no matter how much of area is being used but the rent for whole area is being paid.
Wages - No matter how much units are produced but the wages are paid.
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In a hypercompetitive industry, firms: Group of answer choices have to get used to longer product life cycles. have to be more careful and not take any risks to jeopardize their products. must be willing to cannibalize their own products. benefit from lower levels of competitivity intensity.
In a hypercompetitive industry, firms : must be willing to cannibalize their own products.
What is Hypercompetitive Industry ?
Many companies that are in this hyper competitive industry would use the strategies that are adopted by the successful market leaders. However, the things that have worked for others may not work for you.
Therefore, it becomes difficult to maintain the competitive advantage. You can stay competitive in this hyper competitive industry by keeping yourself up-to-date with the changing environmental trends and should be able to take risks.
Companies should cannibalize their products to sustain competitive advantage. In addition to this, it is important for the companies to stay on par with the latest trends and embrace them with the ever changing conditions.
Therefore, we can conclude that the correct option In a hypercompetitive industry, firms : must be willing to cannibalize their own products.
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Investors seeking a diversified, professional manged portoio of escurities can purchase shares of:_____.
A) preferred stock.
B) convertible securities.
C) insurance policies.
D) unit trust.
Investors seeking a diversified, professionally managed portfolio of securities can purchase shares of insurance policies.
An insurance policy is a contract between an insurance company and a policyholder that sets out the claims that the insurance company is legally obligated to pay. In exchange for the first payment, called the premium, the insurance company promises to pay for the losses caused by the risks covered by the contract language.
An insurance contract is a legal contract between an insurance company (insurer) and an insured person, company, or entity (insured person). By reading the policy, you can ensure that it meets your needs and that you understand the insurance company's responsibilities in the event of a claim.
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What happens in the market for iPhones with an across the board cut in the price of all apps on the Apple App Store
Substitutes for the iPhone happens in the market for iPhones with an across the board cut in the price of all apps on the Apple App Store.
What happens in the market for iPhones with an across the board cut ?Substitutes for the iPhone happens in the market for iPhones with an across the board cut in the price of all apps on the Apple App Store.
An android phone cannot run a mobile app made for an apple iPhone. Because both applications have different user interfaces and were created for various operating systems, neither Android nor iPhone apps can be used on the other platform. iPhone Due in large part to the astronomical success of the Apple iPhone, the market for smart phones has expanded quickly over the past several years. Companies like Samsung, HTC, and LG have all released products to compete with the iPhone since its successful 2007 launch. The smart phones launched to rival the iPhone would be regarded as Substitutes for the iPhone.
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All of the following countries would agree that a 6-month-old does not need their mother more than a 3-year-old EXCEPT:
All of the following countries would agree that a 6-month-old does not need their mother more than a 3-year-old except Norway.
What is Norway?
Norway is a Scandinavian country with mountains, glaciers, and deep coastal fjords. Oslo, the capital, is a city of parks and museums. The Viking Ship Museum in Oslo houses preserved 9th-century Viking ships. Bergen, with its beautiful wooden cottages, is the starting point for cruises to the majestic Sognefjord. Norway is also recognized for its fishing, hiking, and skiing, particularly in Lillehammer's Olympic resort.Norway is known as the Land of the Midnight Sun. It is well-known for its magnificent fjords, lakes, and breathtaking skies. Norway is also known for its languages, Vikings, and folklore, as well as its environmental friendliness and oil production. Furthermore, many Norwegians are well-known skiers, frozen pizza fans, and Tesla drivers!Except for Norway, all of the following countries would agree that a 6-month-old does not require their mother any more than a 3-year-old.As it is given in the description itself, except for Norway, all of the following countries would agree that a 6-month-old does not require their mother any more than a 3-year-old.
Therefore, all of the following countries would agree that a 6-month-old does not need their mother more than a 3-year-old except Norway.
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Perfectly competitive industries are Group of answer choices difficult to enter because there are already so many producers in the industry. not particularly appealing or attractive to enter because there tend to be so many buyers that it is difficult to deal with them. relatively easy to enter but not so easy to exit from. none of the above
none of the above
What is the result of perfect competition in an industry?A fully competitive firm's total revenue grows smoothly at a constant pace dictated by the current market price as it consistently generates more output.
What sort of market is competitive?Consumer rivalry is fueled by a competitive market. This implies that consumers compete with one another for a good or service, particularly when stock is low. Customers frequently compete for the best seats when buying tickets to athletic events or concerts, for instance.
Which industries are completely competitive?Markets for produce: The closest example of ideal competition in real life may be a typical farmers' market.markets for foreign exchange.internet-related businesseslearn more about Perfectly competitive industries here
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When there is low competition, firms can use a price strategy to recover research and development costs and make as much profit as possible.
When a market is experiencing low competition, firms can recover research and development costs by using a skimming price strategy.
What is a skimming price strategy?This refers to when companies sell goods at a high price because there isn't much competition.
As other suppliers enter the market and the competition increases, the companies will then reduce their prices.
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Which loan type requires the borrower to repay a single lump sum payment at some time in the future with interest
Pure Discount is the loan type that requires the borrower to repay a single lump sum payment at some time in the future with interest.
What is pure discount loan?
The simplest type of loan is a pure discount loan. The borrower receives funds now and makes a single, lump-sum repayment of the loan's principal and interest in the future. With interest-only loans, the full amount is repaid when the loan matures, along with a periodic interest payment.
What is pure discount bonds?
Bonds that trade at a discount to their face value and don't pay any interest are known as zero-coupon bonds. Another name for it is a deep discount bond or a pure discount bond.
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Large conglomerates that combine many different financial institutions within a single corporation are known as________.
Large conglomerates that combine many different financial institutions within a single corporation are known as financial services corporations. a company that offers a variety of financial services, such as commercial banking, insurance, and brokerage. The economy is divided into a number of distinct categories known as sectors.
These industries are made up of various businesses that provide consumers with goods and services. Institutions in the same industry are grouped together because they offer comparable goods or services. Businesses that provide agricultural services, for example, make up the agricultural industry. Businesses that provide mobile or cellular telephone services are classified in the telecommunications industry.
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a) A person has 5 trousers, 7 shirts, 6 ties, and 3 pairs of shoes. In how many possible distinct ways can the person dress
The person can dress in 630 different ways according to permutation and combination.
What is permutation and combination?Subsets of a set can be created in two separate ways: combination and permutation. The subset's components can be listed in any order when combined. The components of the subset are listed in a permutation in a certain order.There are only a finite number of permutations and combinations for each data set. They can therefore be used to calculate the probability of complex events. The number of possible permutations increases and the likelihood that a particular permutation will occur decreases as a set's elements increase.First, The person has to decide on pants. So, he has 5 choices. And for each pant, the person has 7 shirts, 6 ties and 3 pair of shoes as choice. So, 5*7*6*3 = 630.
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A ___________ is a measure that summarizes a particular characteristic of an entire group of numbers.
A statistic is a measure that summarizes a particular characteristic of an entire group of numbers.
Statistics is considered the universal language of the sciences which involves information, numbers, visual graphics in order to summarize information and its interpretation.
Statistics is the science of collecting, interpreting, and describing data. A statistic is any quantity computed from values in a sample which is considered for a statistical purpose.
Statistical measures are a descriptive analysis technique which is used to summaries the characteristics of a data set. This data set represent the whole population or a sample of it.
Hence, a statistic measure summarizes a particular characteristic of an entire group of numbers.
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Creating a positive work environment that is recognized inside and outside the firm is an important copoentn of?
The answer is recruitment.
"Positive" work environments are ones that foster trust, cooperation, safety, risk-taking support, responsibility, and equity. When considering a pleasant work environment, there are certain abstract notions to consider.
Recruitment is the process of actively searching, identifying, and hiring persons for a certain position or vocation. The right person is placed at the right position to get the work done in the best possible perfection. The recruitment definition comprises the whole hiring process, from initial screening through the individual recruit's integration into the organization.
Therefore, the answer is recruitment which creates positive work environment that is recognized inside as well as outside.
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What amount should halloran report for accounts receivable, before allowances, at december 31, 2021?
The amount is $970,000. Amount of money owed to a business for delivered or used but unpaid goods or services is known as accounts receivable . The balance sheet classifies accounts receivable as a current asset. Accounts receivable is the term used to describe any unpaid invoices or cash that customers owe a business.
Term describes accounts that a company is entitled to since it has provided a good or service. Receivables, also known as accounts receivable, are a company's line of credit that often have terms that call for amount to be made within reasonably short period of time.
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Deon is an aesthetician at a busy salon. In order to reach her sales goal for the month, she sometimes lies to clients who call to make an appointment with someone else by saying that she is the only aesthetician available for an appointment. This illustrates which problem associated with evaluating job performance on results alone?
This illustrates social underlining and sabotaging to make the bottom-line results problem associated with evaluating job performance on results alone. Some people struggle for the majority of their lives with intense cravings for food, alcohol, gambling, or other temptations that have a severe impact on their relationships or health.
What is Self Sabotage?When behavior causes issues in daily life and obstructs long-term goals, it is considered to be self-sabotaging.Procrastination, self-medication with drugs or alcohol, comfort eating, and acts of self-injury like cutting are among the most prevalent self-destructive activities.The factors that cause self-sabotage, however, can also be subtler. For instance, a buildup of erroneous and dysfunctional ideas might cause someone to underrate their skills, repress their emotions, or snap at those around them.Know more about self sabotage https://brainly.com/question/2295115
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Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How many total life policies are needed for this agreement
The total life policies that are needed for this agreement is: 6.
What is cross-purchase agreement?A cross-purchase agreement can be defined as a process that enables a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.
Hence, the total life policies that are needed for this agreement will be 6 total life policies.
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A property owner owned a tract of commercial property that he conveyed in joint tenancy to his twin sons as a birthday present. Unfortunately, a few years after the conveyance, the property owner and his sons had a serious falling out over how to run the family business. The property owner no longer wished the sons to control v
The person that owns the property is : The living twin.
What is joint tenancy ?Joint tenancy can be defined as the process in which two or more people jointly own a property.
Hence, the living twin owns the property based on the fact that in joint tenancy If one of the owner dies the property will be giving to the remaining owner which means that you cannot give the property to another person in your will.
The complete question is:
A property owner owned a tract of commercial property that he conveyed in joint tenancy to his twin sons as a birthday present. Unfortunately, a few years after the conveyance, the property owner and his sons had a serious falling out over how to run the family business. The property owner no longer wished the sons to control valuable commercial property, and so he demanded that they return the deed with which he conveyed the property to them. The sons returned the deed, and the property owner destroyed it. A few months later, one of the twins learned that he was seriously ill and not likely to live much longer. He executed a quitclaim deed conveying "any interest I have in the commercial property conveyed to me and my brother from my father" to his daughter. The twin who conveyed the property subsequently died.
Who owns the property?
A. The living twin.
B. The property owner.
C. The living twin and the deceased twin's daughter as tenants in common.
D. The living twin and the deceased twin's daughter as joint tenants.
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Why is it important for you, the first aid responder, to ask questions using SAM and do a focused check of the responsive person
It is important for one, the first aid responder, to ask questions using SAM and do a focused check of the responsive person is to deduce information or determine the strength and weaknesses of the responder towards medication to avoid negative reactions.
What is the import of SAM?In eukaryotic cells, SAM serves as a regulator of a variety of processes including DNA, tRNA, and rRNA methylation; immune response; amino acid metabolism; transsulfuration; and more. In plants, SAM is crucial to the biosynthesis of ethylene, an important plant hormone and signaling molecule.
Therefore, the correct answer is as given above
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When manufacturing overhead costs are assigned to production in a process cost system, they are debited to.
When manufacturing overhead costs are assigned to production in a process cost system, they are debited to a work in process account.
What Is a Work-in-Progress (WIP)?
Production and supply-chain management terms for partially finished goods that are awaiting completion include "work-in-progress" (WIP). Raw materials, labor, and overhead expenses expended for goods that are in different phases of manufacturing are referred to as "work in progress," or WIP. On the balance sheet, WIP is a part of the asset account for inventory. The finished goods account receives these costs after which they are ultimately passed to the cost of sales.
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When a customized product is manufactured separately, it is referred to as ____ production:multiple choicea processa job ordera job lotmass
When a customized product is manufactured separately, it is referred to as Job order production.
Job Order ProductionManufacturing bespoke or distinctive goods for specific clients is known as job order production. Because every order or job is a customized order submitted by the customer, job order production is also sometimes referred to as job order manufacturing or bespoke production. Frequently, only one copy of a custom job is made.Custom products made in bulk are the focus of many producers. Customers bring designs or products in mind for custom products, which the manufacturer develops and produces. Print shops and studios are excellent examples of custom manufacturers. With a design for 100 graduation invitations, a consumer might go to his neighborhood print shop.
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The method that assumes that a conversion into common stock occurred at the later of the beginning of the period or the time the convertible security is issued is referred to as the ____ method.
Answer: converted
Explanation:
A stock’s ______ is found by dividing the stock’s annual dividend by its closing price.
A stock’s current yield is found by dividing the stock’s annual dividend by its closing price.
Current yield refers to an investment's annual income divided by the current price of the security. This measure examines the current price of a bond, rather than looking at its face value. The current yield is equal to the stocks annual interest earned divided by the current price of the bond.
The current yield can also be calculated by taking the dividends received for a stock and dividing that amount by the stock's current market price.
Hence, current yield refers to the income you receive from a bond dividend by its current market price, and expressed as a percentage.
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Brent called insurance companies and got insurance quotes for the three trucks. Both the 1996 Ford F150 and the 1998 Chevy 1500 were quoted for $250 and the 2000 Toyota Tundra was quoted for $245. To help Brent make his decision gather some more reliable information by using newspapers, or looking at their Web sites, and reviewing consumer magazines and Web sites. Also, look at the manufacturer Web site or www.fueleconomy.gov for information about gas mileage. List the sources you use and include the notes you take from each source.
Use the PACED decision-making process to make the decision for Brent. Show your work.
The sources that one could use to gather some more reliable information regarding the insurance companies are;
P - Problem - there is a need to make a choice
A - Alternatives - The alternatives here are two insurance companies
C - Criteria - We need to establish the company that is more reliable
E - Evaluate - This is the process of comparing information obtained about both companies
D - Decision making - This is the process of making a decision to go with the best insurance company.
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For marketing to occur, parties involved in the transaction must have which two things? (Select 2 options.) Multiple select question. Promotional advertising or other sales tactics A way to communicate Both the desire and ability to satisfy their needs Possession of thorough research
For marketing to occur, parties involved in the transaction must have which two things:
A way to communicateBoth the desire and ability to satisfy their needsWhat is marketing?This involves creating awareness about product offerings of a firm. It involves drawing the attention of potential buyers to goods and services of a company.
Marketing refers to those action undertaken by firm for promoting purpose to facilitate more sales of its products or services.
Importance of marketing are:
It helps educate people about certain products.Businesses are able to generate more revenue by employing various marketing options.It is a tool that keeps conversation going between a firm and its potential customersLearn more about marketing here: https://brainly.com/question/25754149
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Which practice would be most consistent with the views of scientific management?
Job enlargement would be most consistent with the views of scientific management.
Theory of motivation that holds managers analyze jobs and administration and use most efficient method of management and use money as a motivator.
Scientific management seek to reduce tasks performed. It is used to analyze workflow and synthesizing them with consistent efforts.It is one of the method where science and management meets to achieve their goals with efficiency to especially to improve labour productivity.
It is used to practice efforts with combining the efforts of the productivity and achievement of goals.
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