Option (b), The Federal Reserve System was created is that it was created to reduce or eliminate future bank panics.
The Federal Reserve System is the United States' central bank, and it was established by the Federal Reserve Act in 1913. Its primary role is to control the country's monetary policy and regulate financial institutions. The creation of the Federal Reserve System was prompted by a series of financial crises and panics in the late 19th and early 20th centuries, including the Panic of 1907.
The United States experienced several bank panics in the late 19th and early 20th centuries. During these bank panics, people would rush to withdraw their money from banks, leading to widespread bank failures. This, in turn, led to economic downturns and recessions. The most severe of these panics was the Panic of 1907, which occurred when the Knickerbocker Trust Company, a large New York City bank, declared bankruptcy. This led to a run on other banks in New York and across the country. The Panic of 1907 highlighted the need for a more robust banking system that could prevent or mitigate future financial crises. As a result, Congress passed the Federal Reserve Act in 1913, creating the Federal Reserve System to serve as the country's central bank and help stabilize the financial system.
Learn more about Federal Reserve System: https://brainly.com/question/32374280
#SPJ11
Darren wants to impress his new girlfriend whose father is a nationally known race car driver. He drives his Lexus to the Chevrolet dealer and without negotiating, trades the Lexus in for a new smoke gray 545-hp Nissan GT-R. The car cost him $174,990 but he feels it is worth it to impress his girlfriend. What specific type of product did Darren purchase?
Answer:
Darren bought a differentiated product.
Explanation:
The differentiated product enjoys a distinction from similar products/brands in the market. This distinction may be real or psychological. Real distinction reflects from the ingredients, quality, utility, or service which the product gives. Psychological distinction is a feature of subtle sales appeals.
Other types of product include Customized, Augmented, and Potential Products. Customized Products are built to customers' specifications. Augmented Products are products with added manufacturers' improvements. Potential Products are tomorrow's products limited by economic and technological resources.
What does a management accountant need to do before he or she can take the exam to become a certified management accountant?
A. complete 60 hours of graduate coursework
B. Have two hours of professional experience
C. Complete 30 hours of graduate coursework
D. Have five years of professional experience
Answer:
Have Two Years of professional experience
Explanation:
looked it up
Which of the following could cause movement from point B to point A?
O Fewer workers are needed to manufacture the product.
Q New companies begin to manufacture the same product.
O The price that companies can charge for the product decreases.
O New technologies make manufacturing the product more efficient.
The option that could cause movement from point B to point A: OB. New technologies make manufacturing the product more efficient.
What is New technologies ?A drop in production costs and an increase in productivity can result from the introduction of new technologies that make a product's manufacturing process more effective. As a result, the production possibilities may shift from point B to point A.
By using less resources to create the same amount of output, efficiency has grown, enabling the production of more goods and services. The frontier of production possibilities, which is represented by the movement from point B to point A, may expand as a result.
Therefore the correct option is B.
Learn more about New technologies here:https://brainly.com/question/7788080
#SPJ1
It costs a publishing company $0. 55 to print one copy of a certain novel. This company paid $725,000 for the rights to the novel. If they can sell a copy of the novel for $6. 75, how many copies of the novel must they sell to break even, to the nearest hundred?.
116,900 copies of the novel must they sell to break even, to the nearest hundred.
What is cost?In manufacturing, research, retail, and accounting, an expense is the value of money that was used to produce a product or provide a service and is therefore no longer available. In business, the cost may be the purchase price, in which case the cost is the amount of money used for the purchase.
The two main types of costs in businesses are
fixed costvariable costFixed costs do not change depending on output, while variable costs. Fixed costs are sometimes called overheads.
To learn more about cost, refer;
https://brainly.com/question/15135554
#SPJ4
Jackson and ashley turner (both 45 years old) are married and want to contribute to a roth ira for ashley. in 2011, their agi is $177,500. jackson and ashley each earned half of the income.
a. how much can ashley contribute to her roth ira if they file a joint return
contribution to roth ira $
Ashley Turner would do a maximum contribution to IRA that will be -600.
It is given that the maximum contribution to ROTH IRA is 6000 for the people that are under the age of 50 years
We have,
\(209,000 - \frac{198000}{10000} \times 6000\)
= 6600
Then the contribution to the IRA is:
6000 - 6600 = -600
You can save money tax-advantageously for retirement by opening an individual retirement account (IRA). An individual can save for retirement with tax-free growth or on a tax-deferred basis by opening an IRA at a financial institution. Even when you are unable to make contributions, your account might still grow. You acquire interest, which is added to your account balance, and you subsequently acquire interest on the interest, and so on. Because of the wonders of compound interest, the growth that your account creates can rise annually.
To learn more about IRA: https://brainly.com/question/1213929
#SPJ4
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
How much does one need to have to open a bank
what type of audit evidence for fixed assets
Auditors use a combination of these types of audit evidence to provide assurance over the existence, completeness, and accuracy of fixed assets.
Firstly, the auditor can use physical observation as evidence. This involves physically inspecting the fixed assets to ensure that they exist and are in the condition as stated in the accounting records. This includes verifying the asset's identification number, location, and physical condition.
Secondly, the auditor can use documentation as evidence. This includes examining contracts, invoices, purchase orders, bills of lading, and other related documents that support the acquisition and disposal of fixed assets. The auditor can verify the completeness and accuracy of the accounting records by tracing the information in these documents to the financial statements.
Thirdly, the auditor can use analytical procedures as evidence. This involves comparing current fixed assets balances to prior year balances and industry benchmarks to identify any unusual fluctuations or trends that may require further investigation.
Lastly, the auditor can also use inquiry as evidence. This involves interviewing personnel who are responsible for fixed assets management, including those who prepare and maintain the records and those who have physical custody of the assets. The auditor can ask questions to gain a better understanding of the processes and controls over fixed assets.
Overall, auditors use a combination of these types of evidence to provide assurance over the existence, completeness, and accuracy of fixed assets.
To know more about fixed assets, refer
https://brainly.com/question/20289326
#SPJ11
The members of the Museum Board of the City of Springfield are appointed by the City of Springfield City Council, which has agreed to finance any operating deficits of the museum. Under these conditions:
a. The museum is a primary government.
b. The city and the museum together are a financial reporting entity.
c. The museum is a special district.
d. The museum is a component unit of the city.
Since the City of Springfield City Council appoints the members of the Museum Board and has agreed to finance any operating deficits of the museum, it indicates that the museum is financially dependent on the city. Therefore, the museum is considered a component unit of the City of Springfield. So the correct answer is d. The museum is a component unit of the city.
Springfield, Massachusetts is a city in western Massachusetts. The Naismith Memorial Basketball Hall of Fame, located by the Connecticut River, is a magnificent structure that honors the sport. The Springfield Museums' collections include American paintings and sculpture, scientific exhibitions, and Asian art. The Incredible World of Dr. Seuss honors the acclaimed children's author. The Springfield Armory preserves two centuries of military history.
To read more about Massachusetts click here
https://brainly.com/question/7148546
#SPJ11
The Museum Board of the City of Springfield is appointed by the City of Springfield City Council, which also commits to financing any operating deficits of the museum.
Based on these conditions, the museum is considered a component unit of the city.
A component unit is an entity that is legally separate from the primary government but still has a close relationship with it. In this case, the city council's involvement in appointing the museum board members and financing operating deficits indicates a strong relationship between the museum and the city. As a result, the museum's financial information is included within the financial reporting of the primary government, which is the City of Springfield.
This situation does not classify the museum as a primary government, special district, or the city and museum together as a financial reporting entity. A primary government is a general-purpose government like a city or county, and a special district is a separate legal entity created to perform a specific function.
The term "financial reporting entity" refers to the combination of the primary government and its component units for financial reporting purposes.
To learn more about financial reporting click here
brainly.com/question/28458640
#SPJ11
(100 POINTS)How much money will i make my first week from dropshipping
What best describes an effect of the 2007 financial crisis? Responses a. The recovery was not immediate, and it was unequal. b. The wealth disparity between income groups decreased. c. Homeowners benefited from rising house values.
d. Banks had little debt and were willing to make loans.
The response that best describes an effect of the 2007 financial crisis is: a. The recovery was not immediate, and it was unequal.
The 2007 financial crisis, also known as the Global Financial Crisis (GFC), had a profound and lasting impact on the global economy. It resulted in a severe economic downturn and had various effects. One of the main consequences was that the recovery from the crisis was not immediate, and it was characterized by significant disparities among different segments of society.
The crisis led to job losses, declining asset values, and tightening credit conditions, which had a more significant impact on lower-income groups and vulnerable populations. The recovery process was slower for these groups, exacerbating wealth inequality and income disparities.
Option b, ""The wealth disparity between income groups decreased,"" is incorrect because the financial crisis actually widened the wealth gap due to the uneven distribution of losses and the disproportionate impact on lower-income households.
Option c, ""Homeowners benefited from rising house values,"" is incorrect because the housing market was one of the main triggers of the crisis, and many homeowners experienced declining property values, foreclosures, and difficulties in accessing credit.
Option d, ""Banks had little debt and were willing to make loans,"" is also incorrect. The financial crisis was largely driven by excessive risk-taking and high levels of debt within the banking sector. Banks faced significant losses, tightened lending standards, and were less willing to provide loans during the crisis and its aftermath.
To know more about financial crisis, click here: brainly.com/question/32368340
#SPJ11
If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage
The profit in percentage given the revenue and the expenses is -38.60%
What is the profit in percentage?Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.
Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.
Profit = revenue - expenses
1,000,000 - 1,386,000 = -386,000
Profit in percentage = (profit / revenue) x 100
(-386,000 / 1,000,000) x 100 = -38.6%
To learn more about profit, please check: https://brainly.com/question/26181966
#SPJ1
Byron works at stich-rite clothing factory. The company is required to maintain safe working conditions under the.
At the Stich-Rite Clothing Factory, Byron works. The Occupational Safety and Health Act mandates that the employer maintain secure working conditions.
What steps are taken during production in a garment factory?Fashion forecasting and idea sketching are the first steps in the design development process in every garment industry. The development of the sample garment is the following phase, which entails collection planning and pattern creation.
Where are the factories that make clothes located?China, India, Taiwan, and a number of other Asian nations are among the most popular overseas producers of clothes. For a long time, Chinese garment manufacturers dominated the market. Online shoppers can readily find businesses that make many different kinds of apparel for drop shipping and resale.
To learn more about Clothing Factory here:
https://brainly.com/question/23962240
#SPJ4
Your uncle has $1,375,000 and wants to retire. He expects to live for another 25 years and to earn 7.5% on his invested funds. How much could he withdraw at the end of each of the next 25 years and end up with zero in the account? a. $92,51413 b.$127,052.74 C $97,448.22 d. $124,585.70 e.$123,352.17
The amount that your uncle could withdraw at the end of each of the next 25 years and end up with zero in the account would be option E, $123,352.17.
To calculate this amount, we need to use the formula for the present value of an annuity. This formula calculates the amount of money needed to be invested today in order to receive a fixed payment over a set period of time, given a specific interest rate.
In this case, we know that your uncle has $1,375,000 and expects to earn 7.5% on his invested funds. Using the present value of an annuity formula, we can calculate the amount of money that he could withdraw each year over the next 25 years.
PV = PMT x ((1 - (1 / (1 + r)^n)) / r)
Where PV is the present value, PMT is the payment amount, r is the interest rate, and n is the number of payment periods.
Plugging in the numbers, we get:
PV = $1,375,000
PMT = ?
r = 7.5%
n = 25
Solving for PMT, we get:
PMT = PV x (r / (1 - (1 / (1 + r)^n)))
PMT = $1,375,000 x (7.5% / (1 - (1 / (1 + 7.5%)^25)))
PMT = $123,352.17
Therefore, your uncle could withdraw $123,352.17 at the end of each of the next 25 years and still end up with zero in the account, assuming he earns 7.5% on his invested funds. Therefore, option E is correct answer.
To learn more about account click on,
https://brainly.com/question/30811861
#SPJ4
a marketplace in australia is in the shape of an ellipse. we can assume the center of the marketplace is at the point , the location of one of the foci is at the point , and the length of the minor axis is . determine the location of each of the vertices of the marketplace. assume that the major length is horizontal and round your answer to the nearest thousand if needed. *this question is worth four points. in order to receive full credit, you must show your work or justify your answer.
Without the length of the minor axis or the exact location of the center, we cannot determine the location of each vertex of the marketplace.
The location of each vertex of the marketplace can be determined by using the properties of an ellipse.
1. The center of the marketplace is at the point (h, k). Since the center is not given in the question, we cannot determine the exact location of the vertices.
2. The distance from the center to each vertex is called the semi-major axis (a). Since the length of the minor axis is not given in the question, we also cannot determine the value of a.
3. The distance from the center to each focus is called the distance to the focus (c). The location of one of the foci is given as (h + c, k).
To determine the location of each vertex, we need to find the distance from the center to each vertex, which is equal to a. Without the value of a or the center, we cannot determine the exact location of the vertices.
Learn more about marketplace
https://brainly.com/question/12424281
#SPJ11
Click this link to view O*NET’s Work Styles section for Financial Analysts. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Financial Analysts? Check all that apply.
attention to detail
hazard tolerance
dependability
dominance
safety
stress tolerance
Answer:
attention to detaildependabilitystress toleranceExplanation:
edg2020
Answer:A,C,D,F
explain trust
what makes recession and recover different?
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
Learn more about Recession at:
https://brainly.com/question/1417711
#SPJ1
Solomon breaches his contract with Neal to purchase the 500 pairs of socks he had promised to buy. Neal is able to sell the 500 pairs to Renny for a much lower amount. Neal then sues Solomon for dam-ages. Neal will be able to recover:a.the amount in the liquidated damages clause.b.the difference between Solomon's contract price and the amount paid by Renny.c.Solomon's contract price.d.an amount which depends on whether Solomon intentionally breached because he found cheaper socks somewhere else.
Answer:
b. the difference between Solomon's contract price and the amount paid by Renny
Explanation:
Neal sues Solomon for damages as Solomon breaches his contract with Neal to purchase the 500 pairs of socks from him. Although he can sell the 500 pairs to Renny even then he was in loss only as he sells socks to Renny at a lower amount then it's actual cost.
In this case, Neal will be able to recover the difference between Solomon's contract price and the amount paid by Renny.
What are 10 things that makes a business a disruptor? (must have 10 reasons cannot be the same)
Some of the things that make a business a disruptor are:
Unstable expectationsIrregular business modelsInconsistenciesComplex business modelsComplex ecosystemsLack of job satisfactionWhat is a Business Disruptor?This refers to the factors that disrupt the normal flow of a business due to inconsistencies, etc.
Hence, we can see that based on the fact that for an effective business to run, it needs to have good vision and mission statements that are clear and easy to follow.
Read more about business disruptors here:
https://brainly.com/question/15740837
#SPJ1
Explain why having a good accountant is important for a large business. What does an accountant do? Do some research to find out. What might happen to a business if they did not have an accountant?
Answer:
Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.
-Hope i helped :D
Is it better to have your interest compounded annually, quarterly, or daily? Why?
(10 points: 5 for the correct answer, and 5 for the explanation)
Answer:
It would be better to have it daily so you can keep an everyday record.
Explanation:
Jen was interested in buying Monique's land in order to breed small pet pigs. Jen told Monique that having water on the property was very important although she did not mention to Monique her plan to breed small pigs. Monique assured her that a spring ran through one corner of the property. Therefore, Jen agreed to buy the farm, Jen, who loved pigs, assumed that the neighbors would be pleased with the pigs being in the area. Monique also agreed to sell Jen a used truck for $5,000 After the contract for the land sale was entered into, Jen had a land survey done, and it was discovered that the spring did not actually run through the corner of Monique's property. The area in which the spring ran belonged to a neighbor. Additionally, when Monique brought Jen the used truck, Jen said, "That's not the truck!" It was discovered that Monique, who had two trucks, thought that Jen had bought the older truck although Jen thought she had purchased the newer truck. Jen was also surprised when she received a petition signed by all surrounding landowners objecting to the presence of the pigs and threatening to sue Jen for nuisance. It will cost Jen more than she had agreed to pay Monique in order for Jen to obtain a similar farm that has a spring within its legal boundaries.
Jen was interested in buying Monique's land in order to breed small pet pigs. However, she did not mention this to Monique when they were discussing the sale of the property. Instead, Jen told Monique that having water on the property was very important to her. Monique assured her that a spring ran through one corner of the property and Jen agreed to buy the farm.Jen, who loved pigs, assumed that the neighbors would be pleased with the pigs being in the area. However, this was not the case.
Shortly after purchasing the farm, Jen received a petition signed by all surrounding landowners objecting to the presence of the pigs and threatening to sue Jen for nuisance. It turned out that the neighbors were not happy about the pigs being in the area and did not want them around.Additionally, after the contract for the land sale was entered into, Jen had a land survey done. It was discovered that the spring did not actually run through the corner of Monique's property, as Monique had assured her. Instead, the area in which the spring ran belonged to a neighbor. This was a significant problem because Jen had specifically asked for water on the property and now it turned out that there was no water on the land that she had purchased.Furthermore, Monique also agreed to sell Jen a used truck for $5,000. However, when Monique brought Jen the used truck, Jen said, "That's not the truck!" It was discovered that Monique, who had two trucks, thought that Jen had bought the older truck although Jen thought she had purchased the newer truck.These issues have put Jen in a difficult position. She will have to pay more money than she had agreed to pay Monique in order to obtain a similar farm that has a spring within its legal boundaries. Furthermore, the objections of the surrounding landowners to the presence of the pigs may force Jen to give up her dream of breeding small pet pigs. Thus, it is important for buyers to communicate their needs and wants clearly with sellers when entering into a property transaction.
To kow more about Monique's land visit:
https://brainly.com/question/29977312
#SPJ11
how is it possible for a profitable business to fail
Answer:
There are several reasons why a profitable business could fail despite making money:
Lack of cash flow: A profitable business may fail if it does not have enough cash flow to sustain its operations. For example, if the business has too much debt, or if it is not managing its cash flow effectively, it may not have enough cash on hand to cover expenses or make investments in the future.
Market changes: A profitable business may be vulnerable to market changes. If the industry or market in which the business operates undergoes significant changes, such as new competitors, changing customer preferences, or shifts in technology, the business may struggle to keep up.
Poor management: Even a profitable business can fail if it is not managed effectively. Poor decision-making, lack of strategic planning, or inadequate leadership can lead to a decline in performance and profitability.
Legal issues: Legal problems can also threaten a profitable business. If the business is sued or fined, for example, it may need to spend significant amounts of money on legal fees or pay out large settlements, which could affect its profitability.
Economic downturns: A profitable business may be impacted by economic downturns, which can reduce demand for its products or services, increase competition, or lead to a decline in consumer confidence.
Natural disasters: Natural disasters, such as hurricanes, earthquakes, or fires, can also threaten the viability of a profitable business by damaging facilities, disrupting supply chains, or causing loss of life.
In summary, even if a business is profitable, there are several factors that could cause it to fail. These include cash flow issues, market changes, poor management, legal problems, economic downturns, and natural disasters.
Answer:
Explanation:A profitable business can fail for several reasons, even if it is making money. Here are a few possible reasons:
Lack of cash flow: A business may have profits on paper, but if it does not have enough cash to pay its bills, it may be forced to close its doors. This can happen if the business has high accounts receivable or if it has invested too much money in inventory or fixed assets.
Poor management: Even if a business is profitable, poor management can lead to its downfall. If the business is not being run efficiently or if management is making bad decisions, profits can quickly evaporate.
Competition: A profitable business can still fail if it faces stiff competition. If competitors are able to offer better products or services at lower prices, the profitable business may lose market share and profits.
External factors: A business can be profitable one day and face external factors such as a recession, change in regulations, or natural disaster the next day that could hurt its bottom line. These external factors are often unpredictable and can make it difficult for a business to continue to be profitable.
Failure to innovate: A business may become complacent and fail to invest in research and development or new products and services. This can leave it vulnerable to competitors that are more innovative and offer more value to customers.
Overall, a profitable business can still fail if it does not have the cash flow, management, innovation, or ability to adapt to changing market conditions to sustain its success.
firms will stay in business if they are earning zero economic profit (normal profit) because (check all that apply)
a. accounting profit if positive b. they aren't making any money, but they aren't losing any either c. they are covering both their implicit and explicit costs d. they are equally well off as they would be at there next best alternative. e. they are willing to lose money in the short run to gain some market share
Firms will stay in business if they are earning zero economic profit (normal profit) because they are covering both their implicit and explicit costs. Implicit costs refer to the opportunity costs of using a resource in a particular way, while explicit costs refer to the actual monetary expenses incurred by a firm in the production process. hence option A),B),C),D) apply.
a. Accounting profit if positive: Firms can stay in business if they are earning zero economic profit because they may still be generating positive accounting profit, which is the difference between total revenue and explicit costs.
b. They aren't making any money, but they aren't losing any either: While a firm earning zero economic profit is not generating any surplus, it is still able to cover its explicit and implicit costs, and therefore, not incurring any losses.
c. They are covering both their implicit and explicit costs: If a firm is earning zero economic profit, it is earning just enough revenue to cover all its explicit costs (e.g., wages, rent, raw materials) as well as implicit costs (e.g., opportunity costs of the owner's time, use of capital).
d. They are equally well off as they would be at their next best alternative: Earning zero economic profit means the firm is earning just enough to cover its costs and is not earning any extra profit, but it is not losing any money either. Therefore, the firm is just as well off as it would be in its next best alternative.
e. They are willing to lose money in the short run to gain some market share: This option is not applicable in this scenario because the question refers to a firm earning zero economic profit, which means it is not losing any money in the short run.
for more such questions on expenses
https://brainly.com/question/23282485
#SPJ11
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
the trend of the world economy toward becoming a more interdependent system is known asmultiple choiceexpropriation.egocentricity.globalization.polycentricity.
The trend of the world economy toward becoming a more interdependent system is known as globalization. The correct option is (c). Globalization.
Globalization is the process of increased interconnectedness between different regions and countries.
It refers to the integration of the global economy and the breaking down of trade barriers between nations.
The trend of the world economy toward becoming a more interdependent system is known as globalization.
The globalization phenomenon has been driven by advancements in transportation and communication technologies, as well as the liberalization of trade policies in many countries around the world.
Globalization is characterized by an increase in international trade, investment, and migration.
This trend has led to the growth of multinational corporations, which are companies that operate in multiple countries and often have a global presence.
It has also led to increased competition between businesses and countries, as well as greater cultural exchange and diversity.
To know more about globalization, visit:
https://brainly.com/question/17863739
#SPJ11
The typical person has the time and financial resources for how many children?
3–4
0–1
1–2
Answer:
1 to 2
Explanation: children are EXPENSIVE and it depends on what you think is the right time/money so it could be wrong
when the us dollar appreciates, us exports rise. us imports decline. aggregate demand shifts leftward. aggregate demand shifts rightward
When the US dollar appreciates, it has an impact on various economic indicators. Here is an analysis of the impact of the appreciation of the US dollar on exports, imports, and aggregate demand.Exports riseWhen the US dollar appreciates, the goods and services produced in the US become more expensive for foreign buyers.
This results in a decline in demand for US exports. However, this also means that the foreign currencies required to purchase these goods have become relatively cheaper. This leads to an increase in demand for US exports, making them more attractive to foreign buyers, thus causing an increase in US exports.Imports declineConversely, when the US dollar appreciates, imports become cheaper as foreign currencies become relatively more expensive. This makes imports relatively more expensive and less attractive to US buyers.
Therefore, the demand for imports decreases, causing a decline in US imports.Aggregate demand shifts leftwardWhen the US dollar appreciates, US exports become more expensive and less attractive, leading to a decline in demand for US exports. The decline in exports leads to a decline in production, incomes, and employment in export-oriented industries. These factors ultimately lead to a decrease in aggregate demand.
Thus, when the US dollar appreciates, aggregate demand shifts leftward.Aggregate demand shifts rightwardOn the other hand, when the US dollar depreciates, US exports become cheaper, and demand for exports increases, leading to an increase in production, incomes, and employment in export-oriented industries. These factors ultimately lead to an increase in aggregate demand. Thus, when the US dollar depreciates, aggregate demand shifts rightward.
To know more about cheaper visit:
brainly.com/question/30284942
#SPJ11
Four year universities are the only type of school worth attending. True False
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
Richard, Sarah, and Trevor form a partnership because it offers the following advantage:
a. unlimited financial liability
b. limiting liability of partners to the value of their interests in the company
c. greater financial resources
d. double taxation
Richard, Sarah, and Trevor form a partnership because it offers the advantage of "greater financial resources."The correct answer is option(c).
A partnership is a type of business organization in which two or more individuals co-own the company and share the profits and losses. A partnership's structure and legal requirements are determined by the state in which it operates. Partnerships, like other types of businesses, have advantages and disadvantages. A partnership's advantages and disadvantages, as well as the type of partnership, vary based on the state's rules and regulations.
Types of Partnership: General Partnership, Limited Partnership, and Limited Liability Partnership.
Advantages of Partnership:
Partner's skills and expertise
Sharing of profits and losses
increased financial resources
Ease of formation Flexibility
More decision-makers
Disadvantages of Partnership:
Joint and individual liability
Division of profits
Disagreements among partners
Less room for growth
Ultimately, it can be concluded that Richard, Sarah, and Trevor form a partnership because it offers the advantage of "greater financial resources."
To know more about partnership refer to:
https://brainly.com/question/15913927
#SPJ11