If Country R has less income inequality than Country T, which of the following must be true?
Country R will have greater wealth overall.
Country T will have greater wealth overall
. Country R will have more people in poverty than Country T.
Country R will have a higher Gini coefficient than Country T.
Country R will have a lower Gini coefficient than Country T.
Answers
Country R will have a lower Gini coefficient than Country T if it has less income inequality.
If Country R has less income inequality than Country T, it means that the distribution of income in Country R is more equal compared to Country T. Based on this information, the following statements can be evaluated:
1. Country R will have greater wealth overall: This statement cannot be determined solely based on the information given. Income inequality does not directly indicate the overall wealth of a country. It is possible for a country with less income inequality to have a lower overall wealth if the majority of the population has lower income levels.
2. Country T will have greater wealth overall: This statement cannot be determined solely based on the information given. Similar to the previous statement, income inequality alone does not determine the overall wealth of a country. Country T could have a higher overall wealth, but still experience higher income inequality.
3. Country R will have more people in poverty than Country T: This statement cannot be determined solely based on the information given. Income inequality does not necessarily correlate with the number of people in poverty. Both countries could have varying poverty rates, regardless of their income inequality levels.
4. Country R will have a higher Gini coefficient than Country T: This statement is incorrect. A lower Gini coefficient indicates less income inequality. Therefore, if Country R has less income inequality, it would have a lower Gini coefficient than Country T.
5. Country R will have a lower Gini coefficient than Country T: This statement is true. As mentioned earlier, less income inequality corresponds to a lower Gini coefficient. Therefore, if Country R has less income inequality than Country T, it would have a lower Gini coefficient.
In conclusion, the correct statement is that Country R will have a lower Gini coefficient than Country T, indicating less income inequality. The other statements cannot be determined solely based on the given information and are not necessarily true.
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Related Questions
The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex − $20,000
Beatrice − $190,000
Julio − $80,000
Roberta − $60,000
Answers
Answer:
Beatrice − $190,000
Explanation:
she has the most money and when she is taxed the most money will be taken away.
The income tax rate in a state is a flat 10 percent. Based on that rate, Beatrice has a higher tax burden. Thus the correct answer is C.
What is Tax?A tax is referred to a certain amount that is collected by the government of any country from its citizens which is later on used in the development process of the country including building hospitals, roads and maintaining transportation, and so on.
Here we need to tell the name of the person who has a higher tax burden with reference to the rate of tax with a flat ten percent. Beatrice will be considered as the person.
Beatrice owns an annual income of $190,000 which is higher than all available options so with the rate of interest of ten percent he is liable to pay more amount of tax.
Therefore, option C is appropriate.
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All of the following State-registered advisers must file an annual audited financial statement with the Administrator within 120 days of completion of a surprise audit EXCEPT an adviser that:
A. accepts $500 or more of prepaid advisory fees, 6 months or more in advance of rendering services
B. uses a qualified custodian to hold customer assets
C. maintains custody of customer assets
D. exercises discretion in customer accounts under a limited power of attorney
Answers
State-registered advisers must file an annual audited financial statement with the Administrator within 120 days of completion of a surprise audit EXCEPT an adviser that uses a qualified custodian to hold customer assets. Option (B) is the correct answer.
An advisor registered with the state must submit an annual audited financial statement within 120 days of completing a surprise audit unless they are the advisor who uses a qualified custodian to hold client assets.
An advisor that maintains custody of client assets must comply with the custody rule, which includes getting a surprise audit and submitting an audited balance sheet.
The advisor must also inform clients that they have custody of their assets and give them an annual statement of their holdings in the account.
As a result, except for the option that uses a qualified custodian to hold client assets, all of the other given options must file an annual audited financial statement with the Administrator within 120 days of completing a surprise audit. Therefore, the correct answer is B.
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your company requires that all the data on your ebs-backed ec2 volumes be encrypted. how would you go about doing this?
Answers
Even if you don't use the encrypted=true request parameter, encryption by default enables you to guarantee that all newly generated EBS volumes in your account are encrypted at all times.
What holds true regarding the functionality of encryption with EBS?
What holds true regarding the functionality of encryption with EBS? When you take a snapshot of an encrypted volume, you generate an encrypted snapshot; when you restore an encrypted snapshot, you create an encrypted volume.
What steps should you take to safeguard the data on EBS volumes?
3 Important Things to Keep in Mind to Protect Data in Your Most Important EBS...
EBS Volume Encryption is the first.
Access Management, often known as how to prevent deletion of your EBS volumes, is item number two.
3 - How to Backup and Recover EBS Data Correctly
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n its recent income statement Tyler Toys Inc. reported $72.5 million of net income, and in its year-end balance sheet it reported $1,174 million of retained earnings. The previous year its balance sheet showed $1,131 million of retained earnings. What were the total dividends (in millions of dollars) paid to shareholders during the most recent year
Answers
I hope this helps you :)
High debt ratios that exceed the industry average may make it costly for a firm to borrow additional funds without first raising more equity . The times interest earned ratio measures the extent to which -Select- income can decline before the firm is unable to meet its annual -Select- payments. Its equation is:
Answers
The times interest earned ratio measures the extent to which operating income can decline before the firm is unable to meet its annual interest payments.
What is the times interest earned ratio?The ratio is a financial tools used to measure the company's ability to meet its debt obligations based on its current income.
The formula for deriving the times interest earned ratio is operating income divided by interest expense.
Therefore, the word is "Operating" and "Interest" is correct.
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Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Answers
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because
Answers
In step four of the PACED process, you should enter the alternatives and criteria into a _____.
Answers
Answer:notebook
Explanation:
i dont know tbh
Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False
Answers
bluedot training just finished paying annual dividends to its stockholders. it uses the remaining money to fund the purchase of the acquisition of a smaller competitor. this best describes an example of
Answers
The annual dividends that Blue Dot Training pays to its stockholders have just been completed. The remaining funds are used to finance the acquisition of a smaller rival. This best depicts an illustration of value funding.
When you sell shares of your company to existing shareholders or a new investor, you are obtaining equity financing. This doesn't mean you should give up control of your business, as your financial backer can take a minority stake.
With an example, what is equity financing?Equity financing entails exchanging capital for a portion of a company's equity. Company ABC's owner, for instance, might need to raise money to expand the business. In exchange for capital, the owner decides to give up 10% of the company's ownership and sell it to an investor.
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Full Question = Blue Dot Training just finished paying annual dividends to its stockholders. It uses the remaining money to fund the purchase of the acquisition of a smaller competitor. This best describes an example of __.
financial leverage
debt financing
equity financing
earnings financing
equity credit
How do I quit my job as cashier already wrote resignation letter
Answers
Task 2: Savings, Investments, and Risk Management for a Middle-Aged Professional
Talk to a 40-year-old business professional with a family that includes a spouse and children.
This person can be a family member, friend, or mentor. List and describe the savings,
investments and risk management strategies for this phase of life. Describe how financial
planning has changed from the earlier phase of life.
Answers
Some risk management responses that a middle age professional can give include avoiding overspending, making reasonable budgets, having a substitute plan in place for unforeseen events.
What are the investments and strategies?A middle age professional can invest in real estate business. They could also make it a point to spend carefully and avoid lending money to people who will not pay back.
Of course, they should ahve a stable job that gurantees regular income. in addition to this, there should be a mitigation plan for unforeseen events. These strategies can help them financially.
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acme, inc. is a seller of the good. acme sells a unit of the good to a buyer and then pays the tax on that unit to the government. after paying the tax, acme receives how much?
Answers
Acme, Inc. receives the amount equal to the price of the good minus the amount of the tax paid to the government.
After Acme, Inc. sells a unit of the good to a buyer and pays the tax on that unit to the government, the company will receive the amount of the good's price minus the tax.
For example, if the price of the good is $100 and the tax paid is $20, then Acme, Inc. will receive $80 after paying the tax.
The amount of money Acme, Inc. receives after paying the tax can be found using the following equation:
Amount Received = Price of the Good - Tax Paid
Therefore, after Acme, Inc. sells a unit of the good to a buyer and pays the tax on that unit to the government, the company will receive the amount of the good's price minus the tax.
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What position would be the highest in a company's hierarchy?
A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant
Answers
Answer: D. Finance administrative assistant
Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job
PLEASE HELP ECONOMIC
Paragraph 1 – Make a claim about the positive role the Federal Reserve serves in the U.S. economy. Use evidence from your research to support your claim.
Paragraph 2 – Make a claim about the negative role the Federal Reserve serves in the U.S. economy. Use evidence from your research to support your claim.
Paragraph 3 – Choose a side. Based on the evidence, which perspective do you agree with more? Write a paragraph to identify your position. Use evidence to explain your choice.
Answers
In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
how many tines in earth does the sun intersect equartor
Answers
Answer:
два
Explanation:
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
A company just starting business made the following four inventory purchases in June. Number of units Date purchased Total cost June 1 110 units $450 June 10 220 units 590 June 15 220 units 700 June 2
Answers
Cost of goods available for sale = $450 + $590 + $700 + $520= $2,260.
The question seeks to determine the inventory purchases made by a company. Based on the given information, the company made four inventory purchases in June. The details of the inventory purchases made are as follows:
June 1: 110 units at $450
June 10: 220 units at $590
June 15: 220 units at $700
June 20: 150 units at $520
To determine the cost of goods available for sale, we sum up the total cost of inventory purchases:
Cost of goods available for sale = $450 + $590 + $700 + $520= $2,260.
A company made four inventory purchases in June. The inventory purchases and their total cost are as follows:
June 1: 110 units at $450
June 10: 220 units at $590
June 15: 220 units at $700
June 20: 150 units at $520
To determine the cost of goods available for sale, the total cost of inventory purchases is summed up.
Cost of goods available for sale = $450 + $590 + $700 + $520= $2,260.
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Select all of the benefits to buying a home.
Answers
Answer:
The value of the home generally increases over time
The quality of your home increases
Once the mortgage is paid in full you own the home
You can make improvements in the place
How did the extra, one-time payment of $100 affect the total interest Janet pays on the loan?
Answers
Amortization simply means the practice of spreading the cost of an intangible asset over the useful life of the asset.
Your question is incomplete as you didn't provide the amortization table. Therefore, an overview of amortization will be given.
It should be noted that amortization is usually expensed on a straight-line basis. In such a case, the same amount will be expensed for every period over the life of the asset.
For example let's assume that Janet borrows $2000 at 4% for 2 years. The interest that will be paid will be:
= $2000 × 4% × 2
= $2000 × 0.04 × 2
= $160
The interest here is $160. Based on the question, since $100 has been paid, it should lead to a lower interest that will be paid on the loan.
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Answer:$160
Explanation:
The interest here is $160. Based on the question, since $100 has been paid, it should lead to a lower interest that will be paid on the loan.
When a strong unity of command is present, employes are assigned to more than one manager.
True
False
Answers
Answer:
The correct option is;
False
Explanation:
Unity of command is the organizational arrangement, whereby all employee assigned to a particular department answer to their line manager, and vice, versa, the line manager directs the activities of all employees within his department to perform the tasks of the organizational engagement or projects for which the department is in responsible.
What is collateral?
A. a finance charge
B. a specific type of home loan
C. an asset or group of assets that are linked to a loan
D. a down payment
Answers
Answer:
C. An asset or group of assets that are linked to a loan
Explanation:
Collateral is something the bank can take/repossess to sell and get back the money they loaned you if you don't repay your loan. Cars and houses are great examples of this.
What general rule of thumb connects your car payment and your monthly savings budget?
Answers
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUModern commercial law traces its roots to ancient rules known as the law merchant.
(A) True
(B) False
Answers
Modern commercial law traces its roots to ancient rules known as the law merchant. The given statement is True.
Modern commercial law does follow its roots in antiquated rules known as the law merchant. The law vendor created amid medieval times as a set of rules and traditions overseeing exchange and commerce. It rose as a reaction to the developing requirement for reliable and reasonable directions in commercial exchanges, especially in worldwide exchanges. Over time, these standards and hones shaped the establishment of modern commercial law, impacting lawful frameworks around the world. So, the explanation is true.
The law merchant was based on practicality and decency, aiming to encourage commercial exchanges and resolve debate effectively. It included rules on things such as contracts, debatable rebellion, insolvency, and the determination of debate through commercial assertion.
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Federal Insurance Contributions Act (FICA) Group of answer choices Federal law that requires the joint contribution by employers and employees of the funds used for the Social Security system. Federal law that requires the contribution only by employers of the funds used for the Social Security system. Federal law that requires the joint contribution only by employees of the funds used for the Social Security system. Federal law that requires the joint contribution by employers and employees of the funds used for employees who are in injured on the job.
Answers
Answer:
Federal law that requires the joint contribution by employers and employees of the funds used for the Social Security system
Explanation:
FICA refers to the federal law that needs the contribution made by both employers and employees with respect to the fund used for the social security purpose. It main purpose to fund the social security and the medicare that provide the facilities for those people who are retired, disabilities and deceased workers children
So the first option is correct
which telemarketing scam relies on use of a certain area code to make money just from phone calls?O 777 callsO 900 callsO 800 callsO 888 calls
Answers
900 calls is the telemarketing scam which uses of a certain area code to make money just from phone calls.
Any form of fraud involving telephone contact between the criminal and the potential victim is referred to as phone and telemarketing fraud. Because so many reputable businesses utilize telemarketing to conduct business, thieves can frequently use the technique successfully to acquire a victim's credit card information or identity, which they can then use to make fraudulent transactions elsewhere. Victims have a hard time separating legitimate telemarketers from con artists. The elderly, the underprivileged, and immigrants with little English proficiency are frequently the targets of telemarketing frauds.
Investment scams involving pay-per-call "900" numbers are equally sneaky. Here, high-pressure telemarketers persuade you to buy a stake in a partnership of information providers. Investors are gathered in limited partnerships rather than owning a 900 service completely.
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Let's say Owen would like to take another loan to pay for new furniture, and the loan payment would be $325 per month. If he took this new loan, would he have excessive debt? Remember, he makes $2,500 per month and he already spends $250 on credit card payments and $400 on an auto loan.
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Explanation:
325 I think buy I am not sure.
What’s the answer????
Answers
Answer:
Economics is the answer