The two basic markets shown by the simple circular flow model are.
Answers
The two basic markets shown by the simple circular flow model are the product market and the factor market.
In the product market, businesses sell goods and services to households, and households, in turn, purchase those goods and services. This represents the flow of finished products and consumer spending.
In the factor market, households provide factors of production, such as labor, land, and capital, to businesses in exchange for income. Businesses then use these factors to produce goods and services, completing the circular flow of income and resources.
The model illustrates the interdependence between households and businesses, demonstrating how resources and income flow between the two markets.
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Related Questions
free 27 points, come on up, and see if u can earn them- i act weird
Answers
Answer:
haha i am wierd too i feel u
Explanation:
Answer:
i shall win them and im wierd also.
Explanation:
explain how operations strategy can help a business sustain its competitive advantage.
please answer this question in an essay.
Answers
Answer:
Operations can help a business sustain their competitive advantage by reducing its cost without considering the way they are reduced.
Explanation:
First of all, to create a business competitive advantage the business has to be more profitable than its competition. In other words, they need to make money in a more effective way than its competitors. This means that they have more margin of profit, instead of selling more. Now, in operations, this works the same. However, the reasons might come from different sources. Whether by having technology more advanced than its competitors. By having more productive processes, or by using materials bought at cheaper prices.
Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answers
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
Name three factors that determine a good’s or service’s elasticity.
Answers
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.Michael Bilkman has an opportunity to buy a perpetuity that pays $12,450 annually. His required rate of return on this investment is 13.25%. At what price would Michael be indifferent to buying or not buying the investment? Round off to the nearest $1.
Select one:
a.
$170,877
b.
$93,962
c.
$83,470
d.
$121,709
Answers
Answer:
$266,667.
Explanation:
P / (r-g) = Periodic payment / Interest rate - Growth rate
= 24,000 / (0.12 - 0.03)
= 24,000 / 0.09
= $266,667on:
i think thats it if i am wrong i am very sorry tellme if i am right or wrong.
Production costs chargeable to the Finishing Department in June in Hollins Company are materials $12,000, labor $29,500, and, and overhead $18,000. Equivalent units of production are materials 20,000 and conversion costs 19,000. Compute the unit costs for materials and conversion costs. Data for Hollins Company are given in BE3-8. Production records indicate that 18,000 units were transferred out, and 2,000 units in ending work in process were 50% complete as to conversion costs and 100% complete as to materials. Prepare a cost reconciliation schedule.
Answers
The total cost accounted for is $59,500 ($47,500 + $12,000), which reconciles the costs incurred in the Finishing Department for the given period.
The unit cost for materials in Hollins Company is $0.60 ($12,000 / 20,000 equivalent units of production). The unit cost for conversion costs is $0.947 ($18,000 / 19,000 equivalent units of production). To reconcile the costs, the total cost accounted for is $59,500, which includes the costs transferred out and the costs in ending work in process.
To calculate the unit cost for materials, we divide the total material cost of $12,000 by the equivalent units of production for materials, which is 20,000 units. This gives us a unit cost of $0.60 per unit.
For the unit cost of conversion costs, we divide the total overhead cost of $18,000 by the equivalent units of production for conversion costs, which is 19,000 units. This gives us a unit cost of $0.947 per unit.
To prepare the cost reconciliation schedule, we need to account for the costs transferred out and the costs in ending work in process. The costs transferred out include both material and conversion costs and amount to $47,500 (18,000 units transferred out * ($0.60 + $0.947) per unit). The costs in ending work in process include material and conversion costs and amount to $12,000 (2,000 units in ending work in process * ($0.60 + $0.947) per unit).
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An example of an asset is:
Answers
Answer:here
Explanation: A company lists its assets with a dollar amount on balance sheets. Assets are made up of liabilities and equity on the balance sheet.
a useful or valuable thing, person, or quality.
"quick reflexes were his chief asset"property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. military equipment, such as planes, ships, communications and radar installations, employed or targeted in military operations.
How is the housing industry related to the economy? If the economy is doing well, what types of homes are being constructed and purchased? What if the economy is doing badly? Other than housing, what additional industries might the economy impact?
Answers
The housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
What is housing industry?An housing industry is an industry that encompasses building of housing. construction, engaging in commercial housing activities etc.
Generally, when an economy is doing well, it will be favorable to build house of high value as its gives higher confidence in the industry and economy,
Also, the additional industries that impact an economy includes Healthcare, Technology, Retail, Manufacturing industry etc
In conclusion, the housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
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What is the FIRE movement?
Answers
Answer:
The FIRE movement is a lifestyle movement with the goal of gaining financial independence and retiring early.
according to the aida model, advertising is better at driving than it is at driving .
Answers
According to the AIDA model, advertising is better at driving (C) attention than it is at driving interest.
What is the AIDA model?The hierarchy of effects model, often known as a hierarchical model, is a class of models that includes the AIDA model, all of which suggest that customers go through a process of stages or steps while making decisions on what to buy. These theories, which are linear and sequential, are based on the idea that consumers go through a sequence of cognitive and affective stages before acting—for example, by making a purchase or trying something out.The AIDA model states that advertising is more effective at generating attention than interest.The simplicity of the AIDA paradigm is its key benefit. The model is timeless due to its simple design, making it usable even now.Therefore, according to the AIDA model, advertising is better at driving (C) attention than it is at driving interest.
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Complete question:
According to the AIDA model, advertising is better at driving _____________ than it is at driving ______________.
Select one:
a. Interest and Action
b. Attention and Action
c. Attention and Interest
Which of the following is true about
your "gross" pay?
A. It is the money you make before taxes.
B. It is the money you take home after taxes are taken
out..
C. It is the amount of money you pay in social security
tax.
D. It is the amount of money you pay in federal tax.
Answers
Buster has had a serious medical condition for many months. He has used up all of his sick leave and vacation days, as well as 10 weeks of intermittent Family Medical Leave Act leave. He asks for an additional two weeks off. Which of the following is true? A. Buster's employer can fire him because he wants to take more leave B. Buster cannot be fired for reasons aside from his need to take leave. C. Buster cannot take any more leave if he has also used up his sick leave and vacation days. D. Buster is entitled to the leave he is asking for.
Answers
Answer:
C. Buster cannot take any more leave if he has also used up his sick leave and vacation days.
Explanation:
Buster has used up all the sick leaves and the vacation leaves and is asking for additional two more weeks off even after taking the ten-week of intermediate family leave he should be not allowed to take more leaves. Through he cannot be fired due to his serious condition but if he has finished all the sick leaves he should not be given.Answer:
b
Explanation:
What is working capital?
Answers
Answer:
Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.
NWC is a measure of a company’s liquidity and short-term financial health.
A company has negative NWC if its ratio of current assets to liabilities is less than one.
Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.
High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.
Explanation:
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Also have a great day and good luck in your studies!
answer:
the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities
On a midnight shift, a botched solution of sodium cyanide, a reactant in an organic synthesis, is temporarily stored in drums for reprocessing. Two weeks later, the day shift foreman cannot find the drums. Roy, the plant manager, finds out that the batch had been illegally dumped into the sanitary sewer. He severely disciplines the night shift foreman. Upon making discrete inquiries, he finds out that no apparent harm has resulted from the dumping. a) Should Roy inform government authorities, as is required by law in this kind of situation? Discuss. b) Discuss Roy's managerial approach to the issue. How will his decisions likely to impact to the firm's reputation together with his relationship with employees below him.
Answers
a. Yes, Roy should inform government authorities about the illegal dumping of sodium cyanide into the sanitary sewer.
b. Roy's managerial approach to the issue will have significant implications for the firm's reputation and his relationship with employees.
a) Yes, Roy should inform government authorities about the illegal dumping of sodium cyanide into the sanitary sewer. Regardless of whether any harm resulted from the dumping, it is a violation of the law and poses potential risks to the environment and public health.
The government authorities have the responsibility to investigate and take appropriate actions to ensure compliance with environmental regulations and prevent future incidents. By reporting the incident, Roy demonstrates the company's commitment to responsible and ethical behavior.
b) Roy's managerial approach to the issue will have significant implications for the firm's reputation and his relationship with employees.
Firstly, by disciplining the night shift foreman, Roy shows that the company takes violations seriously and emphasizes the importance of following proper procedures and regulations. This sends a clear message to employees about the company's values and expectations.
However, Roy should also consider addressing the underlying factors that led to the illegal dumping. He should investigate why the foreman resorted to such actions, such as examining the company's policies, training, and communication channels.
It is essential to create a culture that encourages reporting and addressing concerns through appropriate channels, rather than resorting to illegal or unethical practices.
Roy's decisions and actions will shape the company's reputation both internally and externally. If he handles the situation transparently, takes responsibility, and implements corrective measures, it can help rebuild trust and demonstrate the company's commitment to environmental responsibility.
On the other hand, if Roy fails to address the root causes and mishandles the situation, it can damage the firm's reputation and erode trust among employees and stakeholders.
Building a positive reputation requires consistent adherence to ethical standards, proactive communication, and a commitment to continuous improvement. Roy should ensure that the company learns from this incident, implements preventive measures, and fosters a culture of compliance and ethical behavior throughout the organization.
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Which of the following characteristics of tourism services explains which guests need to be present when the service is being performed?
Answers
child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer.
Answers
The child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer. The statement is true.
What is a taxpayer?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. That individual who pays tax is called a taxpayer.
If the relative is a child (under age 19) of the taxpayer, childcare expenditures made to that relative are not eligible for the credit for child and dependent care expenses.
Therefore, the statement is True.
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child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer. State true or false.
Without _____, businesses would find it difficult, if not impossible, to buy more raw materials, hire more employees, attract more capital, and create additional products that, in turn, make more profits
Answers
Answer:
High prices
Explanation:
High prices are a term that describes the expensive value of products in comparison with other similar products or the raw materials used in the production. However, with the increase in the price of a product, the quantity supplied increases as well. This will result in the following:
1. High profits
2. Attraction to create additional products.
3. Increased revenues
4. More capacity of companies to buy more raw materials
5. Capacity to employ more worker
Hence, the right answer is HIGH PRICES
First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.
Answers
Answer:
a. EAR for First National Bank = 12.35%
b. EAR for First United Bank = 12.25%
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.
Calculate the EAR for First National Bank and First United Bank. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Explanation of the answers is now given as follows:
The effective annual rate (EAR) can be calculated using the following formula:
EAR = ((1 + (i / n))^n) - 1 .............................(1)
Where;
i = Annual interest rate of the bank
n = Number of compounding periods in a year
Therefore, we have:
a. Calculation of the EAR for First National Bank
i = Annual interest rate of First National Bank = 11.7%, or 0.117
n = Number of compounding periods in a year = 12
Substituting the values into equation (1), we have:
EAR for First National Bank = ((1 + (0.117 / 12))^12) - 1
EAR for First National Bank = 1.12348257790079 - 1
EAR for First National Bank = 0.12348257790079, or 12.348257790079%
Rounding to 2 decimal places as required, we have:
EAR for First National Bank = 12.35%
b. Calculation of the EAR for First United Bank
i = Annual interest rate of First United Bank = 11.9%, or 0.119
n = Number of compounding periods in a year = 2
Substituting the values into equation (1), we have:
EAR for First United Bank = ((1 + (0.119 / 2))^2) - 1
EAR for First United Bank = 1.12254025 - 1
EAR for First United Bank = 0.12254025, or 12.254025%
Rounding to 2 decimal places as required, we have:
EAR for First United Bank = 12.25%
This circle graph shows the results of a survey that asked people to identify their favorite type of music. What percent of people chose rock or country as their favorite type of music?
Answers
Answer:
answer 45
Explanation:
Answer:
45%
Explanation:
Which of the following is NOT a repayment plan option?
O Extended repayment plan
O Loan forgiveness repayment plan
O Income sensitive repayment plan
O Graduated repayment plan
Answers
Answer: Loan forgiveness repayment plan.
Explanation:
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.
which of the following is an invoice presented by the carrier to a shipper
A: bill of lading
B: carrier freight bill
C: delivery receipt
Answers
during what months do most people file their taxes ?
Answers
ve durel evaluation of your work.
Aa
:)))
Hola
Activity
Lydia is a senior in high school. She works 20 hours a week at a popular clothing store. She is trying to save as much
money as possible for her college tuition. However, she has to buy a dress for prom, pay her car insurance, and get a
birthday gift for her sister. This week she received a $400 paycheck. She wants to deposit the entire check in her
savings account for her college tuition, but she stops herself. She decides instead to put $100 in the bank, spend $200
for her prom dress, pay $80 for her car insurance, and buy her little sister a $20 birthday gift. While shopping, she
sees a doll worth $21, which she thinks her sister will absolutely love. As a result, she decided to buy the more
expensive doll and spend less on her dress.
Did Lydia make an all-or-nothing or a marginal decision while spending her money?
Answers
Answer:
marginal decision
Explanation:
Marginal decision involves spending a little more or a little less than what has already been planned for based on the benefit to be gotten. If the marginal benefit exceeds the marginal cost, then the choice is a good choice. Marginal decision are made by using marginal analysis, that is comparing the cost and benefits of spending a little more or a little less.
In this scenario, she spends $1 more to buy her sister a doll because she thinks her sister would love it. The marginal cost in this case is $1. As a result on spending more on the gift, she spends less on her dress.
The interbank part of the foreign exchange market involves banks trading with _____ in foreign exchange.
a. countries
b. customers
c. other banks
d. industrial firms
Answers
Cute Camd Woodcrift Company's incorne statement reports data for its first year of operntion. The firm's CEO would He sales to increase by 25% next yeac 1. Cute Camel is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of eamings before interest and taxes (EBII) 2. The company's operating costs (exduching deprebatoo and amortiation) remain at 65% of net sales, and its depreciation and amortization expenses remain constant from year to yeat: 3. The company's tax rate remans constant at 25% of its pre tax income or earnings before faxes (EBT). 4. In Year 2, Cute Camel expects to pay $100,000 and $1,773,344 of preferred and commen stock dividends, respectively. whole dolat. Cute Camel Woodcraft Company Income Statement for Year Ending December 31 - In Year 2, if Cute Camel has 10,000 shares of preferred stock issued and outstandng, then each preferred share should expect to receive in annual dividends. - If Cute Camel has 500,000 shares of common stock issued and outstanding, then the firms eamings per share (EPS) is expected to change from. in Year 1 to in Year? 2 . - Cutn Cameis earnings before interest, taxes, depreoation and amortization (EBTDA) value changed from in Year 1 to in Yeat 2. - it is to say that Cute Cameris net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retaned ea mings, $2,620,250 and $3,194,281, respectively, This is because of the items reported in the income statement avolve payments and receipts of cash.
Answers
Dividend per share = $10 per share Earnings per share cannot be determined. EBITDA value change cannot be determined.
Part 1 - To find the dividend per share, we need to determine the total dividend paid on the preferred shares which is given to be $100,000. And the number of preferred shares is 10,000. Hence, Dividend per share = Total dividend paid / Number of preferred shares. Dividend per share = $100,000 / 10,000 shares= $10 per share. Therefore, each preferred share should expect to receive $10 in annual dividends.
Part 2 - The earnings per share (EPS) for the Year 1 are not given. Therefore, we cannot determine the expected EPS change from Year 1 to Year 2.
Part 3 - Earnings before interest, taxes, depreciation and amortization (EBITDA) value for Year 1 is not given. Therefore, we cannot determine the EBITDA value change from Year 1 to Year 2.
Part 4 - The net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings. Therefore, the net cash inflow at the end of Year 2 is given to be $3,194,281.
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a partner's interest in a partnership is decreased by:
Answers
A partner's interest in a partnership can be decreased by various factors, including:
1. Withdrawal of Capital: If a partner withdraws capital from the partnership, their interest in the partnership will decrease. This can happen when a partner decides to remove their investment or takes out more money than their share of profits.
2. Losses: If the partnership incurs losses, the partners' capital accounts may be reduced. The losses are distributed among the partners based on their profit-sharing ratios, leading to a decrease in their individual interests.
3. Admitting New Partners: When new partners are admitted to the partnership, the existing partners' ownership interests may be diluted. The addition of new capital and the redistribution of profits and losses among a larger group of partners can result in a decrease in individual ownership percentages.
4. Retirement or Resignation: If a partner retires or resigns from the partnership, their interest may be reduced or completely withdrawn. The remaining partners may redistribute the partner's share among themselves or allocate it to a new partner.
5. Dissolution of the Partnership: If the partnership is dissolved, either voluntarily or involuntarily, the partners' interests in the partnership may be decreased or extinguished. The assets are liquidated, liabilities are paid off, and the remaining funds are distributed among the partners according to their capital account balances.
It's important to note that the specific impact on a partner's interest will depend on the partnership agreement, the terms of capital contributions, profit-sharing ratios, and any applicable legal or contractual provisions. Consulting the partnership agreement and seeking professional advice from a lawyer or accountant is recommended to understand the specific implications for a partner's interest in a given partnership.
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Staind, Inc., has 7.5 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 8.75 percent, what is the current bond price?
Answers
Answer:
Explanation:
Assuming the face value of the bond = $1000. Interest = 1000*7.5% = $75
Current Price = Interest * PVAF (10 years, 8.75%) + Maturity Value * PVF (8.75%, 10 Years)
Current Price = $75 * 6.4889 + $1000*0.4322
Current Price = $486.67 + $432.20
Current Price = $918.87
So, the current bond price is $918.87
Which of the following are the three largest categories of federal government spending?
a. Infrastructure, Defense, and Science
b. Health, Military, and Interest on Debt c. Veterans, Infrastructure, and Education d. Education, Defense, and Food/Agriculture
Answers
Answer: Your answer is A)
Explanation: Because it is a lot of money to build roads, public/private buildings, and parks , and land.
The three largest categories of federal government spending should be infrastructure, defense, and science.
The following information should be relevant:
Discretionary spending should be considered for the national defense.Most of the spending is to be spent on the infrastructure as the roads should be built, for parking, etc.Therefore, the other options are incorrect.
Thus, we can conclude that the three largest categories of federal government spending should be infrastructure, defense, and science.
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how can you solve circle geometry in a simple way
Answers
Answer: by using the formula A=pi(3.14) R(radius) squared
Explanation:
Hope that helped
The area is equal to pi multiplied by the square of the radius: a=π⋅r2.
The perimeter of a circle (called the circumference) is equal to pi times the diameter: C=π⋅d.
1. Why is it important to be able to write out a check properly ?
Answers
Answer:
yes is very predominant
Explanation:
because you can find out that you have done mistakes and submit incorrect work,, is very important to check more than twice to make sure you didn't do anything wrong