how do gains in labor productivity lead to gains in gdp per capita

Answers

Answer 1

The GDP per capita will increase when people create more since their earnings will grow and they'll have more money to spend.

The value of the goods and services produced in a given hour of work determines worker productivity. To calculate per capita GDP, one must divide the entire value of goods and services produced inside a country by the total number of people living there.

The standard of living rises as labor productivity increases. This is a result of the fact that as workers produce more items, their earnings rise. They will thus have more accessible discretionary cash. Employees will be able to eat more as a result. As a result, the GDP per person will rise. Productivity improvements enable businesses to produce more for the same level of input, create more revenues, and eventually yield a larger Gross Domestic Product.

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Related Questions

1. Give short introduction of the professions in public service sector.​

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10108282828282828282

what is stock exchange?​

Answers

It is a place where shares of pubic listed companies are traded.A stock exchange facilitates stock brokers to trade company stocks and other securities. A stock may be bought or sold only if it is listed on an exchange. Thus, it is the meeting place of the stock buyers and sellers

what is the ftc recommendation regarding choice as it relates to personally identifiable information (pii)? group of answer choices require robust notice only before pii is collected. require firms to allow consumers to opt-out before pii is collected. make collection of pii illegal. require firms to have consumers affirmatively opt-in before pii is collected.

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The FTC's recommendation regarding consumer choice in relation to personally identifiable information is to make it mandatory for businesses to obtain customers' affirmative consent before collecting  (pii).

How are personally identifiable (PII) data protected?

Store delicate personal data safely when not in use in a closed desk drawer, filing cabinet, or other secure container. When using sensitive PII, make sure to keep it in a secure location that is only accessible to those with a need to know. At all costs, sensitive PII must never be faxed.

Personal identity numbers include things like Social Security Numbers (SSN), Passport Numbers, Driver's License Numbers, Taxpayer Identity Numbers, Patient Identification Numbers, Financial Account Numbers, or Credit Card Numbers. For a personal address, provide a street address or email address. personal interaction

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Why do you think most of the careers in finance or business require a four-year
college degree?

Answers

Because they are hard and you definitely need something to show them that you know what you are doing especially in finance bc you are managing people’s money and could go to jail if you do t know the codes and laws and you could really hurt someone financially

If someone introduces himself using a formal introduction, you should _____.

address him formally and suggest that he need not be formal with you

ask him how he would like you to address him

follow his lead and address him formally

address him informally and suggest that you prefer informal greetings​

Answers

Answer:

Follow his lead and address him formally

Explanation:

If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.

limitations of self-imposed budgeting include blank . multiple select question. suboptimal budget recommendations unrealistic profit targets budgetary slack a broad strategic perspective

Answers

Lower-level managers will suggest ineffective budgeting strategies if they lack the broad strategic view held by top leaders. Self-imposed budgeting may enable lower-level managers to accumulate amount of financial slack.

What are the main financial restrictions?

The quality of a budget depends on the data that was used to develop it. A budget might rapidly become unrealistic if certain assumptions are incorrect or inappropriate. Budgets may cause decision-making to become rigid. As conditions change, budgets must be adjusted.

What is the primary issue with a self-imposed budget?

Resentment may develop if a budget is imposed by upper levels of management with minimal support from personnel and managers at lower levels. This may occur, in example, when a manager receives criticism or punishment for a budget issue they did not cause.

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Where do you report a stolen credit card to efta standards or pci standards

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A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.

To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.

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If you get an email from your bank on its official stationery that asks for your account number, what should you do

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When an email is received in one's bank name and asks for account number, it is more likely a fraud and should be reported immediately.

It is very uncommon and rare for bank to contact an account-owner and when they does, it is usually for complicated situations, complimentary messages, product offers etc

This type of message received (in question) are usually from a malicious party disguising as you bank and it is referred to as email phishing.

In conclusion, when an email is received in one's bank name and asks for account number, the intent is more likely a fraud and should be reported immediately to necessary department.

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can anyone please help me please

can anyone please help me please

Answers

Answer:

1.  extracurricular

2. cocurricular

3. curricular

4. curricular

5. cocurricular

Explanation:

1. Daniel doing community service by cleaning up outdoor trails is an extracurricular activity because it doesn’t have nothing to do with his academics/school.

2. Debra participating in a hospital program for nursing students is cocurricular because she is practicing techniques she learned in her nursing class.

3. Rhett taking a foreign language class at his middle school is curricular because this is a class Rhett takes at school.

4. You are correct. Ernestina taking a photography class in school is curricular because this class takes place at her high school.

5. Brant joining a student organization for future teachers is cocurricular because he is studying to be a teacher.

When should product strategy focus on forecasting capacity requirements? OA. at the introduction stage of the product life cycle O B. at the saturation stage of the product life cycle ° C. at the growth stage of the product life cycle O D. at the maturity stage of the product life cycle O E. at the decline stage of the product life cycle

Answers

Product strategy should focus on forecasting capacity requirements at the growth stage of the product life cycle. The correct option is C.

The growth stage is the period of rapid sales growth, as the product gains acceptance and begins to achieve economies of scale.

During this stage, it is important to forecast capacity requirements accurately in order to avoid production bottlenecks or excess capacity.

Forecasting capacity requirements involves estimating the level of production capacity that will be needed to meet anticipated demand for the product.

This requires consideration of factors such as market demand, production lead times, and production efficiency.

If capacity is not accurately forecasted during the growth stage, there is a risk of either underutilizing or overutilizing production resources.

Underutilization can result in lost opportunities to capture market share, while overutilization can lead to increased costs, decreased product quality, and ultimately reduced profitability.

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Which leader actions would least likely increase follower dissatisfaction levels?

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Leader actions that would least likely increase follower dissatisfaction levels include clear communication, providing a supportive environment, offering fair recognition, and promoting personal and professional development.

Clear communication helps to set expectations and maintain a transparent relationship between leaders and followers. By consistently sharing information, providing feedback, and actively listening to followers' concerns, leaders can minimize misunderstandings and frustration. A supportive environment encourages collaboration, trust, and respect among team members. Leaders who create a positive atmosphere, address conflicts promptly, and ensure that followers have the necessary resources are less likely to see dissatisfaction in their team.

Offering fair recognition acknowledges followers' hard work and achievements, which can boost their motivation and satisfaction. Leaders should be equitable in providing praise, rewards, and opportunities for advancement, ensuring that deserving individuals feel valued and appreciated. Promoting personal and professional development allows followers to grow and excel within their roles. By offering training, mentorship, and opportunities for skill enhancement, leaders can demonstrate their commitment to followers' success and contribute to their overall satisfaction.

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You learned about the various types of information systems that revolve around the different data, knowledge, information, and decision-making activities at different levels in the organization. In this activity, identify and explain any three types of information systems related to specific functional areas of business that this lesson hasn’t mentioned.

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An information system is a coordinated group of parts used to gather, store, and process data as well as to deliver knowledge, information, and digital goods. Information systems include the following, decision support system, transaction processing system, management information system.

Types of information systems include

Decision support system: A decision support system is an information system that analyzes business data and other information relevant to the firm.

Transaction processing system: The process of collecting, modifying, and retrieving transactions is automated by the transaction processing system. This type of information system's particular characteristic is that it improves the efficiency, dependability, and consistency of commercial  transactions.

Management information system:  The management information system helps managers. such as measuring and analyzing business performance, making choices, creating a business plan, and establishing processes. By examining the roles and duties, it also gives managers feedback.

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pedro is on the fast track to become an executive in his company. as he advances, he will most likely have less and less need for which type of skills?

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he will most likely have less and less need for Technical type of skills.

Technical skills are specialized knowledge or abilities that can be applied to real-world work in the fields of math, science, technology, engineering, and the arts. The use of specific tools and also the technologies needed to employ those tools are often prerequisites for technical abilities.

Technical skills are really the specialised aptitudes required to carry out specific activities. They are frequently job-specific and connected to technology, such as a certain machine or piece of software. Physical talents for a resume might include Taguchi method or machining, while digital ones might include C++ or data analysis.

The knowledge and skills required to carry out particular activities are known as technical skills. They are applicable and frequently have to do with mathematical, scientific, information technology, or mechanical jobs. Knowledge of programming is one example.

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i want to maximize revenue for by the business. in linear program, revenue "maximization" is an example of:

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Revenue maximization in a linear program is an example of an objective function that seeks to optimize the total revenue generated by the business.

In a linear program, revenue maximization is an example of an objective or goal. Linear programming is a mathematical technique used to optimize resource allocation and decision-making in a linear system. The objective function in linear programming represents the goal to be maximized or minimized. In the case of revenue maximization, the objective function would be formulated to maximize the total revenue generated by the business, subject to certain constraints such as resource limitations or production capacities. By solving the linear program, the optimal values of decision variables can be determined to achieve the maximum revenue outcome.

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Technician A says that an air chisel is used to dress welds.
Technician B says that paintless dent repair (PDR) tools can be used to remove small dents.
Who is right?
O A only
O Bonly
O Both A and B
Neither Anor B

Answers

Answer:

B

Explanation:

Technician B is right a pdr can be used to remove dents

According to statement, technician b only is correct. Technician B says that paintless dent repair (PDR) tools can be used to remove small dents. Thus, option (b) is correct.

What is Technician?

The term technician is details of a subject or occupation, a computer technician.

Technician is work of repair and expert of work. It is easily handle problem and resolve solution.

As a result, option (b) is correct.

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Which TCF checking account fee is the most expensive?

Answers

Answer:

Explanation: it’s o stop payment fee

Which type of bankruptcy is when a person sells all their assets to eliminate their debt? Chapter 6 Chapter 7 Chapter 11 Chapter 13

Answers

The type of bankruptcy which occur wheen is when a person sells all their assets to eliminate their debt is Chapter 7.

What is Chapter 7 bankruptcy?

Chapter 7 bankruptcy can be described as the “liquidation” bankruptcy. Businesses going through this type of bankruptcy are past the stage of reorganization and must sell off assets to pay their creditors.

It should be noted that the process works much the same for individuals however the Bankruptcy do make  people who can no longer pay their debts get a fresh start by liquidating assets so that they can attend to their debts or by creating a repayment plan, in conclusion Bankruptcy laws also protect financially troubled businesses. This section explains the bankruptcy process and laws.

Therefore, option C is correct.

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Answer: it is c took the assesment and got it right

Explanation: im him

what should be done to preserve the traditional knowledge, skill and technology? write any four measures​

Answers

Answer:

We should utilized them property.

If we want to preserve traditional knowledge ,skill we have to promise to ourselves that we have to not to forget our tradition skill knowledge

They give our cultural identity.

They help in presentation of art.

In order to preserve our traditional knowledge, skill, and technology, we need to;

1. Incorporate them into our museums.

2. Set days aside for their remembrance.

3. Teach them to our children and younger generation.

4. Use them in our daily lives.

Our traditional knowledge, skill, and technology are things that identify us. Therefore, we must preserve them if we do not want to lose parts of ourselves. Museums are places where sacred things and valued aspects of our culture can be kept for preservation and monetization purposes. Special days in the year can also be marked for the celebration of these technologies and skills.

It is also vital that the younger generation are taught these skills and technologies so that they do not die with the older generation. Finally, we should proudly use these skills in our daily lives so that they become entrenched in our lives.

Conclusively, Museums, special days, teaching, and proudly using our skills, knowledge, and technology are effective ways to preserve them.

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what should be done to preserve the traditional knowledge, skill and technology? write any four measures

Fill in the blank: ____ helps us understand why the economy sometimes cools and sometimes overheats and what the government can do to moderate the fluctuations

Answers

Macroeconomics is a branch of economics that deals with the economy as a whole, including its level of output and income, employment, inflation, and other macroeconomic factors.

Macroeconomic theory is used to understand and explain economic phenomena such as business cycles, unemployment, inflation, and growth. Macroeconomics helps us understand why the economy sometimes cools and sometimes overheats and what the government can do to moderate the fluctuations.

Macroeconomic theory provides a framework for analyzing the economic consequences of government policies, such as changes in interest rates, fiscal policy, and monetary policy. It also helps in predicting and preventing economic crises and stabilizing the economy during times of instability or recession.

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8) If scrap is returned to the company's storeroom and inventoried, it should NOT have any value in the accounting records.
a.true
b.false

Answers

b. false

Scrap returned to the company's storeroom and inventoried may still have some value in the accounting records. The value of scrap can be recorded as a potential source of revenue or as a reduction in expenses, depending on the accounting treatment chosen by the company.

The company is a dynamic organization operating in a competitive market. With a workforce of dedicated employees, it strives to deliver high-quality products and services to its customers. Innovation and adaptability are key pillars of its success, as it constantly seeks ways to improve and stay ahead of the competition. The company maintains a strong focus on customer satisfaction, aiming to build long-lasting relationships and meet their evolving needs. Through effective management and strategic decision-making, it aims to achieve sustainable growth and maximize shareholder value. With a solid reputation and a commitment to ethical practices, the company aims to be a responsible corporate citizen.

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an item not subtracted in determining accumulated taxable income for the accumulated earnings tax is dividends paid. net long-term capital gains reduced by the attributable taxes. net capital losses. a net operating loss deduction from a prior year.

Answers

A net operating loss adjustment from a previous year is an item that is not taken into account when calculating accumulated tax liability for such accumulated earnings tax.

What is income?

The money that a person or organization receives in return for their labor or products is referred to as income. Depending on the situation, such as in taxation, financial accounting, or economic analysis, the definition of income may vary.

The majority of people define their income as all of their receipts, including wages and salaries, investment returns, pension payments, and other types of payments. For businesses, income consists of the profits from selling their goods and services as well as any interest or dividends they may have received in relation to their cash accounts and business reserves.

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Question:

An item not subtracted in determining accumulated taxable income for the accumulated earnings tax is

A. dividends paid within 2 ½ months after the end of the corporate tax year

B. net long-term capital gains reduced by the attributable taxes

C. net capital losses

D. a net operating loss deduction from a prior year.

The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.

Answers

Answer:

Were the only coffeehouse to offer premium coffee during extended hours.

Explanation:

Starbucks has a significant share in global markets, it has developed it in not so long time.

Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.

Listening, writing, speaking, observing and _____________________ all play an integral part in our contemporary lifestyle.
2. The exchange of messages between and among human beings is known __________________________.

Answers

Answer:

empathizing; communication

Explanation:

Communication is the process of the exchange of thoughts and ideas. In this process the information is communicated by the sender and the receiver is intended to receive the same. The receiver shares the feedback and responds to the message and this brings an end to an active communication. The skills required for a heathy communication are listening, speaking, observing and empathizing. These skills helps in communicating the messages in smooth and better way.

‘In 1999 the UK government
introduced a minimum wage for all
employees aged 18 or over. This was extended to 16 and 17 year old employees in 2003’

Explain the impact of the
possible effects on employers
and employees of this
decision

Answers

Answer:

this would hurt the economy

Explanation:

when the minumun wage is raised or a limit is put on to it and the employers would have to make up for the lost money so yes they would now have a minumun wage but a bundle of bannanas would be 1$ more forcing every to cut budgets and landlords to raise the rent. A bunch of other reasons but its bad.  

Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and
services. In this case, gold is functioning as an) (1 point)

Answers

The willingness of others to accept gold as a valid payment for goods and services made gold a medium of exchange. In other words, gold was used to facilitate commercial exchanges when these became more developed.

Money has changed and developed over time, it has always been used to make business practices more simplified and standardized.

Some examples of the use of a medium of exchange were salt, which was a rare mineral that was offered in trade, hence the word salary.

Therefore, gold began to be used as a means of exchange from the need to use coins with greater durability.

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GDP is defined as:

A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above

Answers

Answer:

Gross Domestic Product.

Answer:

Gross domestic product

HELP PLEASE!!!!!!!!!!!!!!!!!

HELP PLEASE!!!!!!!!!!!!!!!!!

Answers

Answer:

Supply Curve will shift right. Indicates increase in supply.

Explanation:

There will be an increase in supply as a result of this new battery and this would cause the supply curve to shift right.

This increase would come due to an anticipated increase in demand for electric cars. If the cars are able to go for longer, more people would demand them and so to capitalize on this, more producers will enter the market to satisfy this anticipated design thereby increasing supply.

What is one way people can reduce the amount of taxes they owe in a year?
A. Give money to charity
B. Earn a higher income
C. Purchase luxury goods
D. Work longer hours

Answers

Answer:

A

Explanation:

Donating money to charity is one method people might lower their annual tax burden. Therefore, (A) is the correct option.

What is Tax?

Taxes are required payments made to individuals or enterprises by a government agency, whether local, regional, or federal. Income, capital gains, or the estate are all subject to taxes.

One of the ways to reduce the amount of tax payable is to donate money to a charity.

Therefore, (A) is the correct option.

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The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. 4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30. 6 Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4. 13 Paid Hoagie Co. for invoice of October 3. 14 Paid Taco Co. for invoice of October 4, less debit memo of October 6. 19 Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom. 19 Paid freight of $400 on October 19 purchase from Veggie Co. 20 Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30. 30 Paid Caesar Salad Co. for invoice of October 20. 31 Paid UK Imports Co. for invoice of October 1. 31 Paid Veggie Co. for invoice of October 19. The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. 4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.

Answers

Answer:

Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30.

Dr Merchandise inventory 14,448

    Cr Accounts payable 14,448

3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice.

Dr Merchandise inventory 10,170

    Cr Accounts payable 10,170

4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.

Dr Merchandise inventory 13,650

    Cr Accounts payable 13,650

6 Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4.

Dr Accounts payable 4,550

    Cr Merchandise inventory 4,550

13 Paid Hoagie Co. for invoice of October 3.

Dr Accounts payable 10,170

    Cr Cash 9,971

    Cr Purchase discounts 199

14 Paid Taco Co. for invoice of October 4, less debit memo of October 6.

Dr Accounts payable 9,100

    Cr Cash 8,918

    Cr Purchase discounts 182

19 Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom.

Dr Merchandise inventory 27,300

    Cr Accounts payable 27,300

19 Paid freight of $400 on October 19 purchase from Veggie Co.

Dr Merchandise inventory 400

    Cr Cash 400

20 Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30.

Dr Merchandise inventory 22,000

    Cr Accounts payable 22,000

30 Paid Caesar Salad Co. for invoice of October 20.

Dr Accounts payable 22,000

    Cr Cash 21,780

    Cr Purchase discounts 220

31 Paid UK Imports Co. for invoice of October 1.

Dr Accounts payable 14,448

    Cr Cash 14,448

31 Paid Veggie Co. for invoice of October 19.

Dr Accounts payable 27,300

    Cr Cash 27,300

Many universities provide physical or electronic bulletin boards to facilitate ride-sharing and exchange of used books among students. These bulletin boards increase __________ marketing.a. B2Cb. C2Bc. B2Bd. C2Ce. underground

Answers

Many universities provide physical or electronic bulletin boards to facilitate ride-sharing and exchange of used books among students. These bulletin boards increase C2C marketing.

C2C (consumer-to-consumer) marketing refers to the process of selling or exchanging goods or services between individual consumers. In this case, the bulletin boards provided by universities facilitate the exchange of used books and ride-sharing among students. This is an example of C2C marketing, as it involves the direct exchange of goods and services between individual consumers.

C2C marketing has become increasingly popular in recent years, thanks to the rise of online marketplaces and peer-to-peer sharing platforms. Examples of C2C platforms include eBay, Craigslist, and Airbnb. C2C marketing offers several benefits, including lower costs, greater convenience, and increased social interaction among consumers.

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Which of the following did not contribute directly to the Great Recession?a.the bursting of the dot-com stock market bubbleb.pessimism originating from financial market turmoilc.freezing credit marketsd.crisis in the mortgage lending market Chemical reactions can create more complex products. What evidence best explains this phenomenon? Larger macromolecules breakdown into smaller macromolecules and combine during the reaction. The basic need for oxygen makes the element essential to create macromolecules. Water molecules combine to form complex macromolecules that the body needs. The molecular structure of complex macromolecules show that a chemical reaction has occurred. Create a real-life problem that can be modelled by an acute triangle. Then describe the problem. sketch the situation in your problem, and explain what must be done to solve it. A table titled Number of Dogs Adopted has entries 3, 3, 4, 4, 4, 5, 5, 6, 6, 6, 7, 7, 7, 7, 8, 8, 8, 8, 8, 9, 9. 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