In 20XX, the United Kingdom's economy exported goods worth £192 billion and services worth another £77 billion. It imported goods worth £225 billion and services worth £66 billion. Receipts of income from abroad were £140 billion while income payments going abroad were £131 billion. Government transfers from the United Kingdom to the rest of the world were £23 billion, while various U.K government agencies received payments of £16 billion from the rest of the world. • a. Calculate the U.K. merchandise trade deficit for 20XX. . b. Calculate the current account balance for 20XX. • c. Explain how you decided whether payments on foreign investment and government transfers counted on the positive or the negative side of the current account balance for the United Kingdom in 20XX. 2. Occasionally, a government official will argue that a country should strive for both a trade surplus and a healthy inflow of capital from abroad. Is this possible? (12 Points) 3. Consider an economy described by the following equations: o Y=C+I+G Y = 5,000 G = 1,000 T = 1,000 C = 250 +0.75(Y-T) I = 1,000 - 50 r. • a. In this economy, compute private saving, public saving, and national saving. • b. Find the equilibrium interest rate. • c. Now suppose that G rises to 1,250. Compute private saving, public saving, and national saving. d. Find the new equilibrium interest rate.
Answers
a. The United Kingdom's merchandise trade deficit in 20XX is given as follows;
Exports of goods = £192 billion
Imports of goods = £225 billion
Merchandise trade deficit = Imports of goods − Exports of goods= £225 billion − £192 billion= £33 billion.
b. The current account balance for the United Kingdom in 20XX is given as follows;
Exports of goods = £192 billion
Exports of services = £77 billion
Imports of goods = £225 billion
Imports of services = £66 billion
Receipts of income from abroad = £140 billion
Payments of income going abroad = £131 billion
Government transfers from the United Kingdom to the rest of the world = £23 billion
Payments received by various U.K government agencies = £16 billion
Current account balance= Exports of goods + Exports of services − Imports of goods − Imports of services + Receipts of income from abroad − Payments of income going abroad − Government transfers from the United Kingdom to the rest of the world + Payments received by various U.K government agencies=(£192 billion + £77 billion) − (£225 billion + £66 billion) + £140 billion − £131 billion − £23 billion + £16 billion= £244 billion − £299 billion + £140 billion − £131 billion − £23 billion + £16 billion= −£53 billion.
c. Payments on foreign investment and government transfers count on the positive or negative side of the current account balance for the United Kingdom in 20XX depending on whether they are payments received from the rest of the world or payments made to the rest of the world. If the payments made to the rest of the world exceed the payments received from the rest of the world, then they are counted on the negative side of the current account balance. However, if the payments received from the rest of the world exceed the payments made to the rest of the world, then they are counted on the positive side of the current account balance.
2. A country cannot strive for both a trade surplus and a healthy inflow of capital from abroad simultaneously. This is because a trade surplus is achieved when the value of exports exceeds the value of imports, while a healthy inflow of capital from abroad is achieved when the value of imports exceeds the value of exports. Therefore, a country cannot achieve both simultaneously because the conditions required to achieve a trade surplus contradict those required to achieve a healthy inflow of capital from abroad.
3. The private saving, public saving, and national saving in this economy are as follows; Private saving= Y − T − C= 5,000 − 1,000 − (250 + 0.75(Y − T))= 3,500 − 0.75(Y − T)Public saving= T − G= 1,000 − 1,000= 0National saving= Private saving + Public saving= 3,500 − 0.75(Y − T) + 0= 3,500 − 0.75Y + 0.75T= 3,500 − 0.75Y + 0.75(1,000)= 4,000 − 0.75Y.The equilibrium interest rate in this economy is given as follows; National saving = Investment4,000 − 0.75Y = 1,000 − 50r3,000 − 0.75Y = −50r−60 + 0.025Y = r.c. When G rises to 1,250, the new levels of private saving, public saving, and national saving are as follows; Private saving= Y − T − C= 5,000 − 1,000 − (250 + 0.75(Y − T))= 3,500 − 0.75(Y − T)Public saving= T − G= 1,000 − 1,250= −250National saving= Private saving + Public saving= 3,500 − 0.75(Y − T) − 250= 3,250 − 0.75Y + 0.75T= 3,250 − 0.75Y + 0.75(1,000)= 3,750 − 0.75Y.The new equilibrium interest rate in this economy is given as follows; National saving = Investment3,750 − 0.75Y = 1,000 − 50r2,750 − 0.75Y = −50r−55 + 0.027Y = r.
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Related Questions
in which Step of production process are materials manipulated
Answers
Answer:
tread count
Explanation:
different sizes
2. If a school's total cost of attendance is $23,000 and your EFC is $5,000, how much need-based aid could you qualify for?
Answers
Answer:
$28,000 or $18,000
Explanation:
BOB OS THE BEST PERSON IN THE WORLD
If your COA is $10,000 and your EFC is $5,000, for example, you cannot get more need-based assistance than $5,000.
Your Expected Family Contribution (EFC), an index number, will determine your eligibility for federal student financial aid.
Describe EFC?Your Expected Family Contribution (EFC), an index number, will determine your eligibility for federal student financial aid.This amount was calculated using the information you provided on your Free Application for Federal Student Aid (FAFSA) form.According to the government, your EFC should be higher the more you can afford to pay for college.If one's EFC score is high, they will be eligible for less need-based federal financial aid for college.Your EFC is determined using a method that takes into consideration the family's benefits, assets, and both taxable and untaxable income.Learn more about EFC refer to:
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3.08 Free trade and Barriers
Pls help I just have until today
Answers
While free trade has its advantages, it is important to consider the potential negative effects and to find ways to address them without resorting to trade barriers. Governments must find a balance between promoting free trade and protecting their citizens from harm.
Free trade refers to the international exchange of goods and services without any restrictions or barriers. The aim of free trade is to promote economic growth, create more jobs, and increase competition among businesses. It allows countries to specialize in producing goods and services that they have a comparative advantage in, thereby leading to greater efficiency and productivity. Free trade is also seen as a way to reduce poverty and increase living standards by providing access to cheaper goods.
However, there are also arguments against free trade, particularly from those who believe it can lead to the exploitation of workers, environmental degradation, and a loss of sovereignty. Some people argue that free trade can lead to a "race to the bottom" where countries compete to offer the lowest wages and poorest working conditions in order to attract investment.
To address these concerns, governments may introduce trade barriers such as tariffs, quotas, and subsidies. These barriers restrict the flow of goods and services between countries and protect domestic industries from foreign competition. While trade barriers may provide short-term benefits to certain industries, they can also lead to higher prices for consumers, reduced competition, and a lack of innovation.
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DUE TODAY PLEASE HELP T^T
One reason picking a career that interests you is that you might easily spend 30-40 years doing that job.
False
True
Answers
Answer:
False
Explanation:
Because you would spend 30-40 years of that career that YOU would enjoy. If you do something that's easy but not fun, then you would most likely end up quitting that job/career.
Meg's company decided to build an additional factory in a small community. When the community started a protest because of the negative impact the factory would potentially have, Meg's company promised to prevent and pay for any negative impact to the community. It also offered to build a community park to balance out the negative impact the factory might cause. Which moral standard of social responsibility is the business observing?
Answers
Answer:
Corporate Citizen Moral Standard
Explanation:
The reason is that the company have to meet its social standards and the legal requirements which the jurisdiction imposes on it, which is Corporate Citizen Moral Standard. Furthermore, for this reason the company has promised that they will try their best to prevent any negative impact and if there are such cases then it will compensate them as well, which is their legal requirement. They also had offered to build a community park which is the requirement of their social standards.
a entry to a liability account decreases the account balance
Answers
Answer:
Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance.
Explanation:
vinh enjoyed the ambiance of the salon and found its stylists to be good listeners, creative, and knowledgeable. This is a matter of
inseparability.
technical quality.
functional quality.
objective excellence.
evaluative goodness.
Answers
Vinh's enjoyment of the salon's ambiance and finding its stylists to be good listeners, creative, and knowledgeable are related to the functional quality of the salon.
Functional quality refers to the ability of a product or service to meet customers' needs and expectations, as well as to provide a satisfactory level of performance. In this case, Vinh's positive experience with the salon's stylists indicates that the salon was able to provide the functional quality he was seeking.
Inseparability, on the other hand, refers to the idea that services are often produced and consumed at the same time, making it difficult to separate the service provider from the service itself. Technical quality refers to the level of skill and expertise that service providers possess. Objective excellence refers to the actual performance of a product or service, while evaluative goodness refers to customers' subjective evaluation of a product or service.
Overall, Vinh's experience at the salon is an example of functional quality, where the salon was able to provide the level of service he was seeking and meet his needs and expectations.
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A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.
Answers
D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.
When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.
As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.
With an example, what is a trade deficit?A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.
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Full Question = A country has a trade surplus of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade deficit the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country decreases its imports by $10 billion.
O C. The country increases its imports by $10 billion.
O D. The country decreases its exports by $30 billion.
ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. as a consultant, ziva helps people organize their houses. due to the popularity of her home-organization services, farmer ziva has more clients requesting her services than she has time to help if she maintains her farming business. farmer ziva charges $25 an hour for her home-organization services. one spring day, ziva spends 10 hours in her fields planting $130 worth of seeds on her farm. she expects that the seeds she planted will yield $300 worth of lettuce. refer to scenario 13-3. what is the total opportunity cost of the day that farmer ziva spent in the field planting lettuce? a. $130 b. $300 c. $380 d. $250
Answers
The total opportunity cost of the day that farmer ziva spent in the field planting lettuce is $380.
What does Total opportunity mean?
Total opportunity is a term used to refer to the potential for success or growth that exists within a given situation or market. It is a measure of the potential for something to be successful, and can be used to evaluate a business or market. Total opportunity can refer to the full market potential, the total number of potential customers, or the total potential revenue that could be earned from a given situation. It is a measure of the potential for a business or market to succeed, and can be used to evaluate a business or market.
Explanation:
Ziva's total farming cost is made up of two parts: explicit and implicit costs.
An explicit cost is an out-of-pocket expense incurred by a person in order to carry out a specific business activity. It is, in some ways, a business-related expense that the company bears. In Ziva's case, the cost of the seeds is $130.
Implicit costs are opportunity costs. An opportunity cost is the benefit that an individual, investor, or business foregoes by choosing one alternative over another. In our case, it is $250 ($25*10 hours).
Thus, Ziva's cost of farming
= $130 +( $25*10) = $130 +$250 = $380
Therefore the correct option will be C.$380 .
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Analyse with a real recent example, why countries impose antidumping duties as a form
of trade restrictions when its trading partners practice international price discrimination.
The following is my current research and answer but I would need to expand on this. need help to analysis and expand on the reports from my current answerRecent example : India started an anti dumping probe against acid from China and Korea to ensure fair trading practices and create a level playing field for domestic producers . India already has imposed anti-dumping duties on many products to handle cheap imports from countries like China .
Anti - dumping duties : It is protecting duties or tariffs that a domestic government impose on foreign products or goods that it believes are priced below fair market value .
And anti dumping duties are imposed by the country's local government to protect the local market or business from the competition created by foreign imports.
Anti-dumping duty is a tax levied on imported products produced in other nations that are retailed below the selling price of comparable goods in the local markets. Once the government believes that products are being dumped through cheap prices in the local markets, it seeks to impose anti-dumping duties on imported products. It is intended to safeguard domestic businesses as well as industries from unfair competition from foreign imported products. The tax is calculated by taking the difference between the standard price of goods in the importing nation and the market value of the same commodities in the exporting nation or other nations which manufacture similar commodities. When dumping takes place, the World Trade Organization permits the government of the affected nation to take action against the dumping nation if there is proof of legitimate material harm to local manufacturers. The government must prove that dumping occurred, the degree of the dumping in relation to cost, and the harm or risk to the local markets.
Due to complaints from a local player, India has launched an anti-dumping investigation into 'Ursodeoxvcholic Acid,' which is used in the healthcare field and is imported from China and Korea. As per a DGTR notice, Arch Pharmalabs Ltd submitted an application with the directorate for the commencement of an anti-dumping investigation process and the imposition of duty. The plaintiff alleged that dumped imported goods from China and Korea were causing harm to the local industries. According to the Directorate, the authority thereby began an investigation on the grounds of the formally backed up by evidence written petition made by or on behest of the local industry, and having satisfied itself, on the grounds of the prima facie evidence presented by the local production about the dumping. If it is determined that the dumping has induced tangible harm to local manufacturers, the DGTR will advise that anti-dumping duties be imposed on imported products from these nations. The ultimate ruling to enforce the duties is made by the ministry of finance. Nations launch anti-dumping investigations to establish whether their local industries have suffered as a result of an increase in cheap imports. As a protective measure, they started imposing these duties under the World Trade Organization's intergovernmental regime in Geneva (WTO). The duty is intended to ensure fair trading activities and to level the playing field for local manufacturers in comparison to foreign production and exports.
Answers
Anti-dumping duties protect local industries from unfair competition caused by international price discrimination. A recent example is India initiating an anti-dumping probe against Ursodeoxycholic Acid imports from China and Korea to safeguard local producers.
Anti-dumping duties are tariffs imposed by governments on foreign goods priced below fair market value. The tax is calculated based on the difference between the standard price in the importing nation and the market value in the exporting nation or other countries manufacturing similar products.
When the World Trade Organization (WTO) confirms that dumping has occurred, affected governments can take action against the exporting country if there's proof of material harm to local industries.
India started the anti-dumping investigation after a complaint from Arch Pharmalabs Ltd. The Directorate General of Trade Remedies (DGTR) investigated the claims, and if dumping is confirmed to have caused harm to local industries, it will recommend imposing anti-dumping duties on imported products.
The final decision to enforce the duties is made by the Ministry of Finance. Imposing anti-dumping duties ensures fair trading practices and creates a level playing field for domestic manufacturers, preventing foreign imports from harming local businesses.
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Label the parts of the Transactional Model.
Answers
Answer:
HOPE THIS HELP..PLZ MARK ME BRILLIENT
Explanation:
Question 1 of 10
Why do managers care about soft skills when hiring for a technical job?
A. They want to know that the applicant will enjoy corporate events
and activities.
B. They want to be sure the applicant will be able to complete the
assigned tasks.
C. They want to be sure the applicant has no outside interests that
will interfere with work.
D. They want to be sure the applicant can collaborate and work well
with other team members.
Answers
D. They want to be sure the applicant can collaborate and work well
with other team members.
Explanation:
Managers do care about soft skills when hiring for a technical job as they want to be sure the applicant can collaborate and work well with other team members. The correct option is d.
What is a technical job?Technical jobs are those that require specific talents and expertise an individual possesses that help them perform a certain task or job. These skills differ from soft skills, which instead describe character and personality traits.
Technical skills are abilities an individual acquires through practice and learning, although a person may bring an inherent propensity for a certain skill. An individual who possesses a particular proficiency for coding, for instance, would have a sought-after technical skill as a job candidate at a software or technology company. Technical job skills are ideal to list on the skill section of a resume because they shine a light on abilities and strengths.
However, it is important to realize not all technical skills at an individual’s disposal should be listed.
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Place the steps of the job application process in order.
Hiring company post job description to a job opening
Hiring company conducts interviews
Interested applicants submit resume and cover letter
Hiring company calls references for the job applicant (s) they like the most
Hiring company offers there selected applicant the job
Interested applicants complete the job application provided by the company.
PUT THEM IN ORDER PLS I NEED HELP UNDERSTANDING THIS FOR ENTREPRENEURSHIP
Answers
Answer:
1. Hiring company post job description to a job opening
2. Interested applicants complete job application provided by the company
3. Interested applicants submit resume and cover letter
4. Hiring company conducts interviews
5. Hiring company calls references for the job applicant(s) they like the most
6. Hiring company offers there selected applicant the job
If $1000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 15 years for the following interest rates. (Round your answers to the nearest cent.) (a) 3%
Answers
Given: 1000 is invested in an account for which interest is compounded continuously Time = 15 years Interest rate, r = 3% = 0.03 We know that the formula for calculating the amount of investment at the end of a given time period for continuous compounding is given by;
A = PERT Where A is the final amount, P is the initial principal, e is the natural logarithmic base, r is the annual interest rate as a decimal and T is the number of years.Let's calculate the amount of investment at the end of 15 years for the given interest rate.(a) 3%Solution:The formula for calculating the amount of investment at the end of a given time period for continuous compounding is given by;A = PERT Putting the given values, we get;
\(A = 1000 × e^(0.03 × 15)\)
\(A = 1000 × e^(0.45)\)
A = 1000 × 1.5684
A = 1568.4 Hence, the amount of investment at the end of 15 years for the given interest rate of 3% and continuous compounding is 1568.4.Note: Since the interest rate is given in the percentage form, we have to convert it to the decimal form by dividing by 100 before using it in the formula. Also, it is given to round off the answer to the nearest cent.
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Why should you notify your bank and credit card companies if you suspect you are a victim of identity theft?
They can freeze your accounts to help prevent loss.
They can freeze your Social Security number for you.
They can prosecute people who have stolen your identity.
They can ensure you get a job after the investigation
Answers
They can freeze your accounts to help prevent the loss, thus Option A is the answer.
as we notify the responsible institutions they will freeze your accounts, to prevent fraudulent activity that could be done with the account in name of the actual account holder, that targets your security as thief could make illegal payments which could be a national threat to your name . so it's important to notify banks to tell about the activities that are done in past days from your bank account.
Identity theft can be so brutal as your information could be transferred to illegal groups that can harm you, and cause you a very high financial loss which is not right.
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You should notify your bank and credit card companies if you suspect you are a victim of identity theft because they can freeze your accounts to help prevent loss. The correct option is A.
What is the difference between a bank and credit card?Your bank account is connected to your debit card. Unless you have an overdraft, which is a form of credit linked to your account, the money you spend or withdraw is typically yours. With a credit card, you have access to a pre-set credit limit through a separate account.
Your bank or credit card provider can act right away to safeguard your accounts and stop any unauthorized transactions after you report the theft. Your accounts may be frozen, your cards may be canceled, and new cards may be issued. By doing this, individuals can contribute to limiting the harm identity theft causes and stop further monetary loss.
Thus, the ideal selection is option A.
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write the input–output relationship for an ideal integrator. determine the zero-input and zero-state components of the response.
Answers
An ideal integrator is a fundamental building block in various systems, particularly in analog electronics and control systems. It performs the mathematical operation of integration with respect to time on the input signal.
The input-output relationship for an ideal integrator can be represented as:
Output(t) = (1/R*C) * ∫[Input(τ) dτ] + K
where R is the resistance, C is the capacitance, τ represents a dummy variable for the integration, t is time, and K is the integration constant.
Now, let's determine the zero-input and zero-state components of the response.
1. Zero-input response: This response occurs when the input signal is zero (Input(t) = 0). In this case, the input-output relationship becomes:
Zero-input response (t) = (1/R*C) * ∫[0 dτ] + K = K
Since there's no input signal, the output depends solely on the integration constant K.
2. Zero-state response: This response occurs when the initial conditions are zero (K = 0). The input-output relationship for this condition is:
Zero-state response (t) = (1/R*C) * ∫[Input(τ) dτ]
In this case, the output depends only on the input signal and the integrator's characteristics (R and C values).
In summary, an ideal integrator's input-output relationship is given by the formula mentioned earlier, with the zero-input response being the integration constant K and the zero-state response being the integration of the input signal over time.
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Skinner's produce buys fresh boston lettuce daily for $1. 20 a pound and sells it for $3. 60 a pound. Any lettuce left over at the end of the day is simply thrown away. Skinner uses the single-period model to determine how much lettuce to buy at the beginning of each day. For this situation skinner's critical fractile is closest to:
Answers
In the single-period model, the critical fractile represents the probability that demand for a product will exceed the quantity available for sale. In Skinner's produce case, the critical fractile will determine the amount of lettuce to purchase at the beginning of each day, considering the risk of any leftovers.
To find the critical fractile for Skinner's produce, we can use the formula:
Critical Fractile = (Sale Price - Purchase Price) / Sale Price
Substituting the given values, we get:
Critical Fractile = (3.60 - 1.20) / 3.60
Critical Fractile = 0.67
This means that Skinner's produce should purchase enough lettuce to satisfy 67% of the potential demand, assuming that the demand follows a normal distribution. In other words, Skinner's produce should purchase enough lettuce to meet the expected demand and leave a cushion for the probability of higher demand.
It's important to note that this approach assumes that the demand follows a normal distribution, which may not always be the case. Other factors like seasonality, weather conditions, and consumer behavior can also affect demand and impact the optimal purchase decision.
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Which of the following activities is an example of using an intranet to gather
information?
Answers
An intranet is an excellent tool for gathering information within an organization. Activities such as posting company-wide announcements and sharing knowledge and expertise across departments are examples of how an intranet can be used to gather information.
An intranet is a private network that can only be accessed by members of a particular organization. It is used for internal communication, collaboration, and information sharing. Intranets are an effective tool for gathering and sharing information within an organization. There are several activities that can be classified as an example of using an intranet to gather information. One such activity is posting company-wide announcements on the intranet. This could include updates on policies, new hires, and upcoming events. By using the intranet to disseminate this information, it ensures that all employees have access to the same information in a timely and consistent manner. Another example is using the intranet to share knowledge and expertise across departments. For instance, a marketing team could use the intranet to share insights on customer behavior and market trends with the sales team. This would help the sales team to better understand the customer and to tailor their approach accordingly.
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under the concept of establishment of responsibility, how many people should have the ultimate responsibility?
Answers
Answer:
1
Explanation:
because we smart,im from forest hill
Answer:
1 because he or she can lead a group
What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Answers
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN
Answers
Answer:
The answer would be B. Political.
Explanation:
PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.
The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.
What is political in PEST analysis?The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.
A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.
Thus, the ideal selection is option B.
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Hugh Snow, the buyer, returned merchandise to Farley Company, the seller. The entry on the books of Farley company to record the return of merchandise from Hugh Snow would include a:
Answers
Debit to sail returns and allowance and a credit to account receivable is the answer.
When a seller sells goods to a customer, the journal entry should include a debit to accounts receivable because accounts receivable is a current asset recoverable in a future date and a credit to sales revenue because the sale is an income to the seller. Subsequently, when the buyer returned merchandise to the seller, accounts receivable shall be credited to the extent of the sale value of goods returned because it was debited at the time of recording the original sale transaction (as explained above).
As sales is an income account, it cannot be debited at any cost and so one contra sales account named 'Sales returns and allowances' shall be debited for recording goods returned by a customer.
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Which of the following items does not appear on the balance sheet?
O a 0 Notes payable
O b Withdrawals
O c Accounts receivable
O d Cash
Answers
Withdrawals is the item that does not appear on the balance sheet.
What is a balance sheet? A balance sheet is a financial statement that shows the financial position of a business at a certain time. It shows the business' assets, liabilities, and equity at a particular point in time. A balance sheet aids the business's stakeholders to understand how the organization's funds are being utilized, and it is used to gauge the organization's fiscal performance over time. Items that appear on the balance sheet are all of the business's assets, including cash, accounts receivable, equipment, inventory, and other things the business owns.
Liabilities such as loans and accounts payable, as well as the equity of the business, are also included on the balance sheet. The owner's equity section of the balance sheet includes equity, retained earnings, and dividends paid to shareholders. Withdrawals, on the other hand, are not included in the balance sheet because they are not transactions. Instead, withdrawals are funds taken from the business by the owner and treated as personal funds. These funds are not part of the business and are not included on the balance sheet. Thus, the correct option is b, Withdrawals.
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What kind of tax system does the United States use?
A.
flat tax system
B.
progressive tax system
C.
proportional tax system
D.
regressive tax system
Answers
Answer:
the answer is B progressive tax system :)
A healthcare organization with 2 hospitals, 20 clinics, and 3 urgent care centers belongs to an ACO program. They have been in the shared savings program for two years and are now eligible to move large payments to a population-based model as they have been successful in keeping costs down and have met all the CMS benchmarks set for them. What type of ACO is this
Answers
Answer:
Pioneer ACO Model
Explanation:
The Pioneer ACO Model refer to the cms innovation center where it designed to support the organization with experience or the similar arrangement that could provide more coordinated care at the lower cost Since in the given situation they are eligible and shift to the large kind of payment so that the cost can be come down also it mets the benchmarks of the CMS so here the pioneer ACO model could be considered
Which industries employ the largest number of people in the United States?
Answers
The education and health services industry employed the largest number of people in the United States.
The education and health sectors are important pillars of the US economy. The health sector was instrumental in the post-2008 economic recovery. Employment growth here is about seven times that of the overall economy.The growth is driven by an aging population and increase in lifestyle diseases.
The emergence of online education has also added significantly to the growth in jobs in the education industry. In 2021, these industries employed about 35 million people. These sectors also receive the highest public investment. But there are significant problems here. This includes the continuing gender pay gap.
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a property owner refused to sell his land to the local school district believing that the price the school district offered for the land was not sufficient. if the school district were to pursue the matter in court, what legal proceeding would it institute to force the owner to sell the land to the district?
Answers
The legal-proceeding that the "school-district" would institute to force the owner to sell the land to the district is called condemnation.
The Condemnation is defined as a "legal-process" through which a government can take private property for public use. In the case of a school district, the public use would typically be for the construction of a new school, expansion of an existing school, or other educational purpose.
The condemnation process involves several steps. First, the school district would need to make an offer to purchase the property from the owner at fair market value. If the owner refuses to sell or disagrees with the offer, the school district may initiate a condemnation proceeding.
In a condemnation proceeding, the school district would file a lawsuit against the property owner seeking to acquire the property. The court would hold a hearing to determine fair "market-value" of property and compensation to be paid to owner. The owner have opportunity to present evidence and arguments to support their claim for a higher price for property.
Therefore, condemnation is legal proceeding that government entity, use to acquire private property for public use.
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What must be done if a transaction increases the left side of the accounting equation?
Answers
Answer:
Explanation:
Neje
According to the Resource Based View, which of the following is not a characteristic of resource that might be a source of sustainable competitive advantage?
1) Valuable
2) Rare
3) Inimitable
4) Separable
Answers
According to the Resource Based View (RBV) of competitive advantage, "Separable" is not considered a characteristic of a resource that might be a source of sustainable competitive advantage.
The RBV suggests that for a resource to provide a sustainable competitive advantage, it needs to possess the following characteristics:
Valuable: The resource should enable a firm to exploit opportunities or mitigate threats in a way that adds value to the business.
Rare: The resource should be relatively scarce or unique, making it less available to competitors.
Inimitable: The resource should be difficult for competitors to replicate or imitate. This could be due to factors such as complex organizational processes, unique historical conditions, or intellectual property protection.
While the first three characteristics are important, "Separable" is not a factor considered in the RBV. "Separability" refers to the ability to transfer or sell a resource independently. The RBV focuses on the strategic value and uniqueness of resources rather than their separability or transferability.
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List 3 components of markey environment