Identity theft is the growing area of concern when criminals obtain personal information that allows them to impersonate someone else and use their credit to obtain financial accounts and make purchases. Identity theft is a type of fraud where the identity of a person is stolen and used to obtain credit or make purchases without the victim's consent.
Criminals may obtain this information in a number of ways including phishing, hacking, or stealing mail. The effects of identity theft can be devastating, causing emotional and financial distress for victims. Not only can it take a long time to recover from the damage, but it can also be difficult to clear one's name and credit history.
Identity theft has become more prevalent as technology has advanced, allowing criminals to access personal information more easily. It is important for individuals to take measures to protect their personal information, such as using strong passwords and being careful about what information they share online.
In conclusion, identity theft is a growing area of concern as criminals find new ways to obtain personal information. Protecting personal information and being vigilant about potential threats can help to prevent identity theft and minimize its impact.
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If I had a business partner later, but I did most of the work to making our new company, is it only fair if I get more of the ownership of the company, or do we do it equally, this is not for now in high school, this is when I get older.
Answer:
u do it equally
Explanation:
Define the term derivative securities and state the main rationale for their use. ii. Mention three types of derivative securities. b. i. Differentiate between systematic and unsystematic risks. ii. For differing consumption, investors need to be compensated for some three things. Name any two. c. Compute the variance and standard deviation using the information in the following table: d. Yaw purchased a stock for C2,000 and sold it after a year for C2,500. Within this period, he received a dividend of C200. i. Calculate the holding period return ii. How much of the return is due to price appreciation or depreciation and how much is due to cash receipt? e. Consider an investment with the following data: i. Calculate the arithmetic mean. ii. Calculate the geometric mean.
Derivative securities are financial instruments used to manage risks, speculate on future price movements, and enhance investment returns. They derive their value from an underlying asset or benchmark.
Common types of derivative securities include futures contracts, options, and swaps. Investors need to be compensated for the time value of money and the risk they bear. The holding period return is calculated by considering the change in value, dividends received, and initial investment. The return can be attributed to both price appreciation or depreciation and cash receipt. The arithmetic mean is calculated by summing up the data points and dividing by the number of data points, while the geometric mean is calculated by multiplying the data points and taking the nth root.
Derivative securities are financial instruments whose value is derived from an underlying asset or benchmark. They are used to manage risks, speculate on future price movements, and enhance investment returns.
Derivative securities provide investors with the ability to gain exposure to an underlying asset without owning it outright. They are commonly used to hedge against price fluctuations, protect against potential losses, and speculate on future price movements.
There are various types of derivative securities, including:
1. Futures contracts: These are agreements to buy or sell an asset at a predetermined price and date in the future. They are commonly used to hedge against price risk or speculate on price movements.
2. Options: Options provide the holder with the right, but not the obligation, to buy (call option) or sell (put option) an asset at a predetermined price within a specific timeframe. They are used for hedging, income generation, and speculation.
3. Swaps: Swaps involve the exchange of cash flows or liabilities between two parties. Common types include interest rate swaps, currency swaps, and commodity swaps. They are utilized for hedging, changing cash flow characteristics, or gaining exposure to different markets.
Systematic risk refers to the risk that affects the overall market or economy and cannot be diversified away. It includes factors such as interest rate changes, inflation, and economic recessions.
Unsystematic risk, on the other hand, is specific to a particular company or industry and can be reduced through diversification. Examples include management changes, product recalls, or legal issues.
For differing consumption, investors need to be compensated for:
1. Time: Investors expect compensation for the time value of money. Money received in the future is worth less than money received today due to factors like inflation and the opportunity cost of investing elsewhere.
2. Risk: Investors require compensation for bearing risk. Riskier investments should offer higher potential returns to attract investors.
To compute the variance and standard deviation using the information in the given table, we need the individual values and their corresponding probabilities.
i. To calculate the holding period return, we use the formula:
Holding Period Return = (Ending Value - Initial Value + Dividends) / Initial Value
In this case, the holding period return would be:
(2500 - 2000 + 200) / 2000 = 0.35 or 35%
ii. The return is due to both price appreciation or depreciation and cash receipt. The price appreciation or depreciation is calculated by subtracting the initial value from the ending value, which in this case would be 2500 - 2000 = 500. The cash receipt is the dividend received, which is 200. So, the return consists of 500 from price appreciation or depreciation and 200 from cash receipt.
i. To calculate the arithmetic mean, we sum up all the data points and divide by the number of data points.
ii. To calculate the geometric mean, we multiply all the data points together and take the nth root, where n is the number of data points.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
1. Every decision made by one, regardless s/he is a producer or a consumer, has a corresponding value Select the correct response A) Optimal decisions are made at a margin B) All choices would incur costs C) The value of products depends on consumer preferences. 2. It sometimes refers to the TANSTAAFL concept Select the correct response A) All choices would incur costs B) The value of products depends on consumer preferences. C) Optimal decisions are made at a margin 3. It pertains to the economizing behavior of people Select the correct response A) People choose rationally B) All choices would incur a cost C) People are required to make choices. 4. people don't give importance to goods or services at the same level Select the correct response A) Choices are made through the available and limited information B) People are required to make choices C) The value of products depends on consumer preferences 5. Society needs to determine who would get the limited resources Select the correct response A) People are required to make choices B) People choose rationally C) Optimal decisions are made at a margin.
Every consumer or producer decision has a value in economics. All choices have prices, consumer preferences determine product value, and people must make judgements with limited information. Society must allocate scarce resources.
Optimal decisions are made at a margin: This means that individuals make decisions by considering the additional benefits and costs associated with a particular choice. They evaluate the marginal utility or satisfaction gained from consuming or producing one more unit of a good or service. By comparing the marginal benefit to the marginal cost, individuals can determine whether a decision is optimal.
All choices would incur costs: Regardless of whether one is a producer or a consumer, making choices involves costs. These costs can be explicit, such as the monetary price of a product, or implicit, such as the opportunity cost of choosing one option over another. Individuals need to assess and compare these costs to make informed decisions.
The value of products depends on consumer preferences: The value of a good or service is subjective and varies among consumers. Consumer preferences play a crucial role in determining the value of products. Different individuals may assign different levels of importance or satisfaction to the same goods or services based on their preferences, tastes, and needs.
Choices are made through the available and limited information: When making decisions, individuals often have access to limited information about the available options and their characteristics. Due to this limited information, people may not assign the same level of importance to all goods or services. They must make choices based on the information they have, which may vary in quality and quantity.
Society needs to determine who would get the limited resources: In any society, resources are scarce relative to the unlimited wants and needs of individuals. Therefore, society needs to address the challenge of resource allocation. This involves making choices about how to distribute the limited resources among competing individuals or groups. It may involve considering factors such as equity, efficiency, and prioritization to determine who should receive the available resources. This decision-making process is necessary to ensure the most optimal allocation of resources for the benefit of society as a whole.
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What is revenue recorded under the cash basis system of accounting?
Small enterprises and organizations that pay taxes through the personal tax returns of their owner(s) frequently employ cash basis accounting.
What is cash basis accounting?Cash basis accounting is a method of accounting where a business records its transactions based on the actual cash received or paid out. Under this method, revenue is recorded only when cash is received from customers, while expenses are recorded only when cash is paid out. This means that there is no recognition of accounts payable or accounts receivable, and the timing of revenue and expenses is based solely on the movement of cash in and out of the business. Cash basis accounting is generally used by small businesses with a relatively simple financial structure, as it does not require complex bookkeeping or accounting practices. However, it may not provide an accurate picture of the financial health of a business, especially if it has large accounts payable or receivable balances.
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I need someone to help me
What's the problem? I'd be happy to help you if you would be willing to specify what you need help with.
Why is it important to plan early for your retirement?
That way you can choose the right major in college.
In order to take advantage of the power of compounding.
Planning early will allow you to invest in new companies.
Taxes on retirement investments increase as you get older.
It is quite important to begin to plan early for your retirement In order to take advantage of the power of compounding.
Why should you plan early for retirement?When you start planning early for retirement, you get to invest funds earlier and leave them to grow for longer.
This means that you can take advantage of the power of compounding, in that your investment will compound for longer and accumulate to higher levels.
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Test tin
Select the correct answer
Which one of the following is not a
technique for coordination?
Committee
O Leadership
Conflict
Answer:
Conflict is not a technique for coordination.
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ \(Total \ revenue=Total \ cost\)
⇒ \(125x=50000+100x\)
On subtracting "100x" from both sides,
⇒ \(125x-100x=50000+100x-125x\)
⇒ \(25x=50000\)
⇒ \(x=\frac{50000}{25}\)
⇒ \(=2000 \ units\)
which of the following expenses is most easily bunched, or accelerated, into one year, so that the itemized deductions can be used in one year and the standard deduction can be used the following year
Charitable contributions expenses are most easily bunched, or accelerated, into one year, so that the itemized deductions can be used in one year and the standard deduction can be used the following year.
Giving something of value—such as money or property—to a nonprofit organization so that it might further its objectives is known as a charitable donation. Donations made by individuals and businesses in the United States can be written off on their federal tax returns.
The annual deduction for U.S. taxpayers is up to 60% of their adjusted gross income (AGI).
They must utilize Form 1040 or Form 1040-SR and include a Schedule A form for itemizing their deductible donations.
However, for 2021, those who don't itemize may still deduct up to $600 of charitable contributions. Normally, charitable contributions must be itemized in order to be tax-deductible.
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Complete question:
Which of the following expenses is most easily bunched, or accelerated, into one year, so that the itemized deductions can be used in one year and the standard deduction can be used the following year?
a. Charitable contributions
b. State income taxes
c. Mortgage interest expense
d. Gambling losses
What are the four primary communication vehicles for field team?
The four primary communication vehicles for the field team are 1. Verbal communication · 2. Nonverbal communication · 3. Written communication · 4. Visual communication.
A communications vehicle is used to provide Command and Control for critical incidents. A communications vehicle may also be used to provide backup support for communication system failure. Communications Vehicles are meant to provide emergency communications for extraordinary situations. They also have many different names. They may be referred to as Mobile Command Centers, Command Vehicle or a Mobile Communications Center. Their main function is to provide emergency communications at the most forward point of operations during a critical incident.
Thus, the four primary communication vehicles for the field team are 1. Verbal communication · 2. Nonverbal communication · 3. Written communication · 4. Visual communication
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when speaking with a venture capitalists you should always requrie that they sign a non disclosure agreement. true or false
The given statement "when speaking with a venture capitalist, it is not always necessary to require them to sign a non-disclosure agreement is false because a non-disclosure agreement (NDA) is a legal document that binds two parties to maintain the confidentiality of information shared between them.
It is also known as a confidentiality agreement (CA), secrecy agreement (SA), or proprietary information agreement (PIA). An NDA may be required if a business idea or strategy is being shared with a potential investor, collaborator, or partner. The NDA serves as a legal document that ensures that the information is not shared with any third party.
However, it is not always necessary to require a venture capitalist to sign an NDA. This is because some venture capitalists may not be willing to sign an NDA. They may feel that it goes against their business philosophy or that it may limit their ability to invest in other businesses that may have similar ideas. Additionally, venture capitalists may have access to information that is similar to the information being shared, and they may not want to be limited in their ability to invest in these other businesses.
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What elements of culture do you expect to be challenging with respect to your country of choice? (exporting cocoa chocolate to Germany)
Choice Country: Germany
Product: Cocoa Chocolate
Exporting cocoa chocolate to Germany may pose cultural challenges related to taste preferences, labeling requirements, and consumer expectations.
German culture values high-quality and organic products, strict adherence to labeling regulations, and a preference for dark chocolate. Understanding these cultural elements is crucial to successfully market and sell cocoa chocolate in Germany. German consumers prioritize products that are sourced sustainably and produced with minimal additives or artificial ingredients. Exporters of cocoa chocolate to Germany should ensure that their products meet these expectations by highlighting the use of natural ingredients, sustainable sourcing practices, and any relevant certifications such as organic or fair trade.
Another cultural aspect to consider is Germany's strict labeling regulations. German consumers value transparency and expect clear and accurate product labeling, including information on ingredients, nutritional values, allergens, and any potential health claims. Exporters should ensure that their cocoa chocolate packaging complies with German labeling requirements to build trust and credibility among consumers.
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for a pure monopolist total revenue at a diminishing rate. (true?false)
True. For a pure monopolist, total revenue tends to increase at a diminishing rate.
In a monopoly, there is a single seller in the market with no close substitutes for its product or service. The monopolist has control over the supply and pricing decisions, allowing them to charge higher prices compared to a competitive market.
As the monopolist increases the quantity of goods or services sold, the law of demand states that the price must be lowered to attract buyers. Since the monopolist faces a downward-sloping demand curve, each additional unit sold comes at a lower price. This leads to a diminishing marginal revenue.
Total revenue is the product of the quantity sold and the price per unit. Due to the diminishing marginal revenue, as the quantity sold increases, the total revenue will also increase, but at a diminishing rate. In other words, the increase in revenue from selling an additional unit becomes smaller as more units are sold.
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T F Credit reports are issued monthly, so you know how much money topay toward your credit card bill.
Answer:
False
Explanation:
A financial statement can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Generally, financial statements are issued to recipients on a monthly basis.
A credit report can be defined as a financial document that comprises of detailed information about a person's credit history or activities with respect to borrowed money (loans). It is usually prepared by a credit bureau.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender.
In conclusion, credit reports are issued to a customer on request and at any given time, so he or she knows how much money to pay toward your credit card bill.
Kyle failed to make his payment by the first of this month. Kyle’s monthly payment is currently $1,200. If Kyle decides to split the missing payment into two parts and pay it over the next two months, which of the following statements is false? a. Kyle will be reported to a credit agency. B. Kyle will be charged a $75 late fee for the missing payment. C. Kyle has one business week to inform his bank of the late payment. D. Kyle’s monthly payments for the next two months will remain $1,200.
Based on the fact that he missed his monthly payment, it is false to say that D. Kyle’s monthly payments for the next two months will remain $1,200.
What happens when Kyle misses payment?He will be reported for this default to a credit agency. He will incur penalties which will be added to future payments.This means that his payments in the next two months will not be the same as the current month of $1,200 but will rather increase based on the penalty charged.
In conclusion, option D is correct.
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Answer:
D
Explanation:
What is this form used for?
SAVINGS WITHDRAWAL
FIFTH BANK
TOWNVILLE, ST
101 S. 1ST STREET
ACCOUNT NUMBER
DATE
$
NAME
SIGNATURE
1:50117135:
02
2010 Going
to withdraw money from a savings account
to deposit money in a savings account
to order checks
open a savings account
Answer:
to withdraw money from a savings account
Explanation:
The document appears to be a savings withdrawal form. The words Withdrawal are clearly visible, implying it is used when making withdrawals.
To withdraw is the removal or get money from a savings or checking account. Customers use the withdrawal form when they need to get money from their accounts. They need to fill in the amount required in words and figures and signs in the appropriate place. The customer then hands over the form to a teller.
massive dynamics has an ebit of $2 million per year forecast in perpetuity. its cost of equity is 16% and its tax rate is 28%. if massive dynamics borrows $5 million, what will be the value of the firm?
If massive dynamics borrows $5 million, then the value of the firm is 10.40 million.
Value of all equity Firm =EBIT(1-Tax Rate)/Cost of Equity =2000000(1-28%)/16%=9000000
Value of the firm =Value of all equity firm +Debt ×Tax Rate =9000000+5000000 ×28% =10,400,000 or 10.40 million
An investment company that uses its own money or capital from other investors for its expansion and startup operations is referred to as an equity firm or private equity firm. Typically, equity firms do not have a public listing and their shares are not traded on the stock exchange. The market value of a company is determined by adding the market values of all outstanding debt, common shares, and preferred shares. Comparing the market value of capital (equity) to the adjusted value of capital yields this measurement (equity).
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Employment agencies, career fairs, and Internet ads can all be sources of
a work permits
b.
school-to-work programs
C. résumés
d. job leads
Answer:
D. Job leads
Explanation:
Employment agencies, career fairs, and Internet ads can all be sources of job leads. Hence, Option D is correct.
What are the Employment agencies?There are various kinds of agencies in the whole world that target providing the required stuff to the person or the ultimate user when it comes to the types of agencies
There are various types of agencies that are present in the whole world according to the type of material that they have available at different agencies.
If it is about employment agencies, these are the agencies that provide employees to the ultimate employers, and with the help of employment agencies, those who belong to the unemployment category will get employment according to their qualifications.
Therefore, Option D is correct.
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"Describe effective communication strategies to manage crucial
conversations. What part does communication play in the management
of a diverse work team (gender, culture, and generation)?
Effective communication strategies for managing crucial conversations involve active listening, maintaining an open mind, expressing oneself clearly and respectfully, seeking understanding, and finding common ground for resolution.
In the management of a diverse work team, communication plays a vital role in fostering inclusivity, understanding, and collaboration.
helps bridge differences, promotes empathy , and encourages a sense of belonging. Communication should be sensitive to gender, cultural, and generational factors to avoid misunderstandings, biases, and conflicts. It involves active listening, acknowledging diverse perspectives, adapting communication styles, promoting cultural competence, and creating an environment where everyone feels valued and heard.
Effective communication strategies for managing crucial conversations:
- Active Listening: Actively listen to understand the other person's viewpoint without interruption or judgment.
- Open-mindedness: Approach the conversation with an open mind, being willing to consider different perspectives.
- Clarity and Respect: Express thoughts and concerns clearly and respectfully, using non-confrontational language.
- Seek Understanding: Ask questions and seek clarification to ensure mutual understanding and avoid assumptions.
- Find Common Ground: Identify shared interests or goals to build upon and find mutually beneficial solutions.
In the management of a diverse work team, effective communication is essential for several reasons. First, it fosters inclusivity by creating an environment where every team member feels heard and valued, regardless of their gender, cultural background, or generational differences. It allows for the exchange of ideas, experiences, and perspectives, which can lead to innovation and better decision-making.
Communication plays a crucial role in understanding and respecting the diverse perspectives and needs of team members. It helps to bridge potential gaps in understanding arising from different cultural norms, communication styles, or generational expectations. By adapting communication approaches and promoting cultural competence, leaders can minimize misunderstandings, promote collaboration, and create a more cohesive and productive team environment.
Moreover, effective communication can help address and prevent conflicts that may arise due to diverse backgrounds. It encourages open dialogue, empathy, and the ability to navigate differences constructively. By fostering a culture of open communication and respect, leaders can promote teamwork, build trust, and harness the collective strengths of a diverse workforce.
Overall, communication serves as a foundation for managing crucial conversations and facilitating the successful management of a diverse work team. It enables understanding, inclusivity, collaboration, and harmony among team members, leading to improved productivity and a positive work environment.
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Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
Which involves having the government make most economic decisions?
Answer:
socialisim
Explanation:
a socialist economy is basically an economy where the government are charged with redistributing the welth of the nation
When the market is in equilibrium, the price that consumers pay and that producers receive exactly balances the:.
In an equilibrium market, the prices balance the marginal benefit and marginal cost of consuming and producing a good or service.
What is equilibrium?Equilibrium simply means when demand and supply are balanced.
When the market is in equilibrium, the price that consumers pay and that producers receive exactly balances the marginal benefit and marginal cost of consuming and producing a good or service.
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Women made progress toward equal opportunities through demonstrations, legislation, and the creation of which organization?.
The above things made by women lead to the creation of women's liberation movement.
What was the women's rights movement about?The women's liberation movement is known to be the women's rights movement. It is a very diverse social movement, that is said to be based in the United States.
In the 1960-70s, women were said to have sought equal rights and opportunities and also their own personal freedom for all women.
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Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
you have decided that you want to attend a costume party as your favorite marvel character. you estimate that it will cost $60 to assemble your costume. after spending $60 on the costume, you realize that the additional pieces you need will cost you $35 more. the marginal cost of completing the costume is .
The marginal cost of completing the costume is $35.
The difference in overall production costs caused by creating or producing one more unit is known as the marginal cost.
We have given in the question,
Estimate cost = $60
Spending on costume = $60
Additional pieces cost = $35
To find out the marginal cost of completing the costume is:
We know where we consume $60 and we spent that all then $35 need more
So here we can say that marginal cost is the cost added for getting an additional unit of product or service.
And the last products demanded costs = $35
Therefore, it is the marginal cost i.e $35.
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which of the following was a major effect of the globalization of the world economy during the last decade of the twentieth and the first decade of the twenty-first century?
One major effect of globalization during the last decade of the twentieth and the first decade of the twenty-first century was the increased interconnectedness and interdependence of economies around the world.
This led to greater international trade and investment, as well as the emergence of global supply chains and the growth of multinational corporations. However, globalization also resulted in increased competition and the outsourcing of jobs, particularly in developed countries. Additionally, globalization contributed to greater income inequality both within and between countries. Overall, the effects of globalization are complex and multifaceted, with both positive and negative impacts on the global economy and society. The major effect of the globalization of the world economy during the last decade of the twentieth and the first decade of the twenty-first century was the increased interconnectedness and interdependence of countries. This led to the growth of international trade, the spread of technology, and the rise of multinational corporations. Additionally, globalization allowed for greater cultural exchange, resulting in the sharing of ideas and innovations. However, this interconnectedness also brought about challenges, such as job displacement, economic inequality, and environmental concerns. Overall, globalization has significantly impacted the world economy, both positively and negatively.
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does anyone here have job experience? in writing a resume and successfully getting a job. I'm having trouble because I'm 15 with no experience.
Answer:
Internships. An internship is a short-term job that may be paid or unpaid, that gives you experience in a real workplace. ...
Job shadowing. ...
Volunteer work. ...
Work in your neighborhood. ...
School and community activities.
Answer:
im 12 with absolutely no experience on how to even write a resume
.Assume a country's government increases taxes and ts central bank decreases the money supply. the actions will result in an increase in which of the following in the short run?
a) aggregate demand
b) aggregate supply
c) investment spending
d) unemployment
e) inflation
Based on the scenario where a country's government increases taxes and its central bank decreases the money supply, the short-run result will be an increase in: d) Unemployment
Here's a step-by-step explanation:
1. The government increases taxes, which means that consumers and businesses have less disposable income.
2. As a result, consumer spending and business investments decrease.
3. The central bank decreases the money supply, which leads to higher interest rates.
4. Higher interest rates discourage borrowing and further reduce investment spending by businesses.
5. With reduced consumer spending and business investments, aggregate demand decreases.
6. When aggregate demand decreases, companies may respond by cutting production and laying off workers.
7. This leads to an increase in unemployment in the short run.
The actions do not lead to an increase in aggregate demand (a), aggregate supply (b), investment spending (c), or inflation (e) in the short run.
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Which one of the following is NOT an example of a seller offering signals of quality? A. Chau asks customers to write reviews of her manicures on a website for local businesses. B. Hui Er proofreads her job application and cover letter four times to make sure it shows that she is careful about details. C. Mak offers a money back guarantee on his product lD. an's Auto Body Shop offers a warranty on its work
The correct option is A. Chau asks customers to write reviews of her manicures on a website for local businesses.
Why may a product's quality be a selling point for a seller?Because providing a lengthy guarantee for low-quality products is more expensive than providing one for high-quality ones, it enables the producer to set its products apart from those of inferior quality. Offering guarantees or warranties is one method a business can communicate the high caliber of its goods. A company will lose money if it provides a warranty for a subpar product. On the other hand, customer buying signals are the behaviors customers exhibit when they're considering buying a solution to address an issue. To make the most of their prospecting time, sales teams can employ customer buying signals to sort out true leads from a field of prospects.
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