Gdp or gross domestic product is the sum total of all economic activity for a given year. question 2 options: true false
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Gross domestic product, also known as GDP, is the total of all economic activity for a specific year.
The given statement is True.
two of the maximum broadly used indicators of an economy are GDP and GNP. each represent the combination market value of all products—items and services—produced over a particular time period. they are, however, computed considerably otherwise.The fee of the very last domestic items and services generated inside a rustic's boundaries is called the gross domestic product (GDP). The price of all finished items and offerings owned by a nation's residents, no matter whether or not those items were made in that kingdom, is what is known as its gross countrywide product (GNP).those measurements represent many methods to gauging the size of an economy. even as GDP restricts its interpretation of the financial system to in the nation's boundaries, GNP broadens it to don't forget the internet abroad monetary interest accomplished by means of its citizens.each the gross home product (GDP) and the gross national product (GNP) are often used signs of an economy's general manufacturing.The gross domestic product (GDP) estimates the value of products and services produced inside a kingdom's borders with the aid of each citizens and non-residents.GNP gauges the really worth of the commodities and services that a kingdom's populace create both at domestic and abroad. worldwide economies most regularly utilize GDP as a degree. In 1991, america stopped the use of GNP as a comparison metric and switched to using GDP alternatively. The word Gross national income, or GNI, is increasingly frequently used as a synonym for GNP.To learn more about GDP visit:https://brainly.com/question/1383956
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Related Questions
a vacant lot acquired for $523,000 is sold for $1,009,500 in cash. what is the effect of the sale on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity?
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1)the total amount of the seller's assets is $642,500
2)the total amount of the seller's liabilities is zero
3)the total amount of the seller's stockholders' equity is $309,500
there is an effect on the overall sum because of sales when the cash reserves are raised and the assets are reduced.Since data acquired for $333,000 is sold for $642,500, so the total amount of raised assets effect is $642,500, where $333,000 = $309500. next, here the Liabilities remain the same, so the amount for the Liabilities is 0 and last since here the Stockholders’ Equity is increasing so the total amount of Equity i: s $642,500 - $333,000 =$309,500
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the primary difference between the periodic and perpetual inventory systems is that a
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Answer:
In a periodic inventory system, things are updated periodically. With a perpetual inventory system, it's recorded at the time of sale.
Early settlers in the town of Dry Gulch drilled wells to pump as much water as they wanted from the single aquifer beneath the town. (An aquifer is an underground body of water.) As more people settled in Dry Gulch, the aquifer level fell and new wells had to be drilled deeper at higher cost. The residents of Dry Gulch will overuse water relative to the social optimum because:___________.
a. each resident will fail to adequately consider the external cost of his or her own water use
b. water is a scarce resource
c. each resident will fail to adequately consider the external benefit of his or her own water use
d. the marginal cost of water is increasing
Answers
Answer:
Dry Gulch Town
The residents of Dry Gulch will overuse water relative to the social optimum because:
a. each resident will fail to adequately consider the external cost of his or her own water use
Explanation:
When individual households in Dry Gulch dig their own wells, each household will usually overuse the water because they are not paying any incremental costs except for the maintenance of the well. Again, the aquifer level around the area usually falls due to overuse and this makes it difficult for new residents to find water unless they dig deeper wells at higher costs. So, there is always some social costs (sometimes immediately external to the households) for individual households to dig their own water wells instead of community or commercial wells that will help regulate water use.
Please answer from Below image. Urgent.
Answers
Vini's opening capital is 193,750.
How to solve thisDivisible profit = 125,000Profit sharing ratio of Vini and Mini = 3:2Let Vini's opening capital be x.Then Mini's opening capital will be (5/3)x.
Total opening capital = x + (5/3)x = (8/3)x
Interest on opening capital at 10% p.a = (10/100) * (8/3)x = (4/15)x
Total withdrawals by Vini = 4 * 7500 = 30,000
Total withdrawals by Mini = 2 * 15000 = 30,000
Total interest on capital = (4/15)x
Divisible profits = 125,000
So, (8/3)x - 30,000 - (4/15)x = 125,000
Solving the above equation, we get:
x = 193,750
Therefore, Vini's opening capital is 193,750.
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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
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Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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Firms in a competitive market face a market demand curve given by \( \mathrm{P}=130-2 \mathrm{Q} \). Each firm's marginal cost curve crosses the average cost curve when \( A C=10 \) and \( q=5 \). The
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In an aggressive market situation, the overall amount provided is 20, the equilibrium fee is 90, and there are 4 companies. However, whilst the marketplace will become a monopoly, the amount decreases to 30, and the fee decreases to 70.
A) In an aggressive scenario, each corporation's marginal cost (MC) curve represents the supply curve. We realize that the common cost (AC) is the same as 10 while the amount (q) is five. Since AC = MC at their intersection factor, we will determine that MC = 10 while q = 5 for every organization. Therefore, the total quantity furnished inside the aggressive state of affairs is the sum of the amount supplied by means of every company.
Since there is no constant price and every organization operates at an identical value level, the whole quantity furnished is 5 instances of the number of firms.
B) In a competitive market, the equilibrium rate is decided by means of the intersection of the market call-for curve and the entire deliver curve. The marketplace demand curve is given by P = 130 - 2Q. The total supply curve is the sum of the person corporation's supply curves, that's equal to five times the character company's supply curve (since there are 5 firms).
Therefore, the equilibrium charge can be determined by way of placing the overall amount furnished identically to the quantity demanded: 130 - 2Q = 5(10). Solving this equation, we discover Q = 20, and substituting this again into the call for curve, we can calculate the equilibrium fee: P = 130 - 2(20) = 130 - 40 = 90.
C) In a competitive marketplace, the number of firms can be decided by dividing the whole quantity furnished by means of the quantity supplied by way of each person firm. Since the total quantity provided is 5 instances the amount furnished by every corporation, and the whole amount furnished is 20 (as calculated in part a), we can finish that there are four companies inside the marketplace.
D) When the market will become a monopoly, the marginal revenue (MR) curve will fluctuate from the market call-for curve. MR is given by means of MR = 130 - 4Q. In a monopoly, the equilibrium amount and fee are determined wherein MR equals marginal cost (MC). We recognize that MC is regular at 10. So, putting MR the same as MC, we've got 130 - 4Q = 10. Solving for Q, we find Q = 30.
Substituting this value returned into the demand curve, we are able to calculate the monopoly price: P = 130 - 2(30) = 130 - 60 = 70.
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The correct question is:
"Firms in a competitive market face a market demand curve given by P=130−2Q. Each firm's marginal cost curve crosses the average cost curve when AC=10 and q=5. The firms incur no fixed cost. If all firms were owned by the same owner, the resulting monopoly would have a constant marginal cost curve at MC=10. a) What is the total quantity supplied in the competitive scenario? b) What is the equilibrium price when the market is competitive? c) How many firms are there when the market is competitive? d) Knowing that MR=130−4Q, what are price and quantity after the market becomes a monopoly?"
what is it called when you let someone walk all over you?
Answers
Answer:
mistreat or bully
Explanation:
Ig
All of the following is a capital resource EXCEPT
a pickup truck
a factory
lumber
employees
Answers
Answer:
employees
Explanation:
This is because employees are classified as labor not capital
Answer:
d. employees
Explanation:
Both consumers and organizational buyers purchase products online but ______. Multiple choice question. only two of the three kinds of organizational markets participate; it is illegal for government institutions to make online purchases since only finished goods can be purchased online, this limits the type of organizational buyers that can use the Internet a much larger percentage of the total dollars sold online are organizational transactions organizations have been slower to embrace the technology
Answers
The answer to this question is, "a much larger percentage of the total dollars sold online are organizational transactions."
Hope this helps!
Online product purchases are made by both individuals and businesses, although a considerably bigger portion of total online sales dollars come from __ transactions.
What is consumers and organizational buyers purchase products online ?All individual or personal purchases made by one person alone are referred to as being done by "consumer buyers." Organizational buyers, on the other hand, involved a decision-making process that was carried out by numerous people within an organisation.
It's fair to argue that consumers shop online more frequently than businesses do, and as a result, a considerably higher proportion of the total dollars transacted online goes to retail transactions.
An organisation is regarded as an organisational buyer if it purchases raw materials that are processed again and marketed as finished goods, or if it purchases a good that it will afterwards resell.
In addition to the wholesale and retail sectors,government markets are among the organisational marketplaces. Common industry definitions are provided by NAICS for the United States, Canada, and Mexico. Which basic way does business-to-business marketing vary from marketing to consumers? Buyers who want to resell the product or use it to make other items are included in business-to-business marketing.
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What is meant by internet?
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Answer:
internet is a vast computer network providing communication and information throughout the world and it is easily accessible nowadays ❤️
what is internet?.
the internet can be defined as network of networks.
A restaurant customer complains to the waiter person that their meal has arrived at the table cold. After apologizing to the customer, the waiter person should:
a) remove the meal and reorder immediately
b) reheat the meal immediately
c) tell the customer that other staff are to blame
d) leave the meal on the table and reorder as soon as possible
Answers
Answer:a
Explanation:
jerry spends his days originating loans in the primary mortgage market. he originates them, but the financing comes from a lender that jerry partners with. this is because jerry doesn't have funds of his own to lend. what job does jerry most likely have?
Answers
Jerry most likely has the job of a mortgage loan originator, where he originates mortgage loans for borrowers but relies on a lender for the actual financing since he does not have funds of his own to lend.
Jerry's job as a mortgage loan originator involves working with borrowers to guide them through the loan application process. He assists borrowers in completing necessary paperwork, gathering financial information, and assessing their eligibility for mortgage loans. Jerry acts as an intermediary between the borrowers and the lender, helping to facilitate the loan transactions.
While Jerry originates the loans, the actual funding comes from the lender with whom he partners. This means that Jerry's role is focused on generating loan applications and bringing in potential borrowers, rather than providing the funds for the loans himself.
He relies on the lender's resources to provide the financing for the loans he originates.
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according to the text, what is the "key" to effective management of change in culture?
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According to the text, the key to effective management of change in culture is communication. It is important to communicate clearly and consistently with employees and stakeholders about the changes being made and the reasons behind them.
This helps to ensure that everyone is on the same page and working towards the same goals. Additionally, effective communication can help to alleviate any fears or concerns that employees may have about the changes, leading to a smoother transition overall.
The key to effective management of change in culture is effective leadership. Strong leadership is crucial in driving and managing cultural change within an organization. Leaders play a critical role in setting the vision, values, and goals of the organization, and they are responsible for aligning the culture with these elements.
Effective leaders create a compelling vision for the desired culture and communicate it clearly to the employees. They actively engage and involve employees in the change process, fostering a sense of ownership and commitment. They lead by example, demonstrating the desired behaviors and values themselves.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation:
joe sees a 2012 ford Mustang with a leather interior and 120000 miles on it and tells his friend Tristan that the car is worth 12000 he is using money as a(n) ________
Answers
Joe sees a 2012 Ford Mustang with a leather interior and 120000 miles on it and tells his friend Tristan that the car is worth 12000 he is using money as a standard numerical monetary unit.
A unit of money is a common numerical financial unit used to assess the market worth of products, services, and other transactions. It provides a standard reference point for expressing value across various items and is employed to calculate the cost of goods and services in the economy.
Money is employed as a unit of measurement because it is a commonly recognized form of exchange that can be used to determine the worth of products and services. It is the ideal unit of account because it is fungible, countable, and divisible.
As a result, the significance of the money are the aforementioned.
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the organizing challenge of a decentralized structure that stresses employee empowerment is
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The organizing challenge of a decentralized structure that stresses employee empowerment is decentralization.
Decentralization is an organizational structure where decision-making authority is distributed across various levels of the organization, giving employees greater autonomy and empowerment. This decentralized structure poses certain organizing challenges that need to be addressed.
One of the main challenges is striking a balance between empowerment and coordination. When employees are empowered to make decisions, it can lead to increased innovation, productivity, and job satisfaction. However, without proper coordination mechanisms in place, there is a risk of duplication of efforts, lack of alignment with organizational goals, and potential conflicts between different units or departments.
To address this challenge, organizations need to establish clear communication channels, promote collaboration, and implement effective coordination mechanisms. This includes setting common goals, defining roles and responsibilities, establishing feedback loops, and fostering a culture of trust and collaboration. Additionally, providing training and development opportunities to employees can enhance their skills and decision-making capabilities, enabling them to effectively navigate the decentralized structure.
Overall, the organizing challenge of a decentralized structure that emphasizes employee empowerment lies in finding the right balance between autonomy and coordination to ensure efficient and aligned organizational functioning.
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A context diagram of the Cargo Shipping Process from the perspective of the CArgo Section at CaribAir
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The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.
A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.
The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.
The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.
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Complete question:
Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is
1.05 the market place economic
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A market economy serves as an economic system in which economic activities is been controlled by individuals.
What is market economy?market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .
This decision could be pricing of goods and services which are been controlled by the interactions of a country's individual citizens.
COMPLETE QUESTION:
Explain market place economy
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According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answers
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
Write short notes on-:
a)Micro enterprises
b)cottage industry
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Answer:
cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility
Explanation:
Explain Canada’s Economic System, please I really need help, this is do in an hour
Answers
Answer:
he economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry which employs about three quarters of Canadians.
Explanation: Maybe reword it slightly but there ya go :)
Nina has just started a new job and has already been late several times. She
gets everything done within the day, but she just can't seem to be on time.
What should Nina address?
A. Honesty
B. Respect for diversity
C. Integrity
D. Punctuality
Answers
Answer:
D
Explanation:
A p e x
20. Following the recent financial crisis in 2007-2009, the Federal Reserve injected huge amounts of liquidity into the banking system, but very little lending occurred because private commercial banks accumulated excess reserves for fear of default. Under these circumstances, what kinds of alternative monetary policies do you think were necessary to encourage private banks’ lending to non-financial corporate business firms, and to help non-financial corporate business firms increase their investment and employment?
Answers
Alternative monetary policies needed to be implemented to encourage private banks' lending to non-financial corporate business firms and help increase their investment and employment.
Following the financial crisis, the Federal Reserve injected liquidity into the banking system to stabilize the financial sector. However, despite the availability of funds, private commercial banks were hesitant to lend due to fears of default. To address this situation and encourage lending, alternative monetary policies could have been employed.
Firstly, the central bank could have implemented targeted credit easing programs. By specifically directing funds towards non-financial corporate business firms, the central bank would incentivize banks to lend to these firms. This approach could have been achieved by establishing facilities that provide low-interest loans to banks on the condition that they extend credit to non-financial corporate borrowers.
Secondly, the central bank could have employed forward guidance. By providing clear and credible communication about its future monetary policy intentions, the central bank could reduce uncertainty and encourage banks to lend. Forward guidance could include assurances of a prolonged period of accommodative monetary policy, giving banks confidence to lend to non-financial corporate business firms.
Lastly, the central bank could have utilized quantitative easing (QE) specifically targeted at non-financial corporate business firms. Instead of solely purchasing government bonds, the central bank could have expanded its QE program to include corporate bonds or other financial assets held by non-financial corporate business firms. This would directly increase the liquidity of these firms and promote investment and employment.
In summary, alternative monetary policies such as targeted credit easing, forward guidance, and targeted quantitative easing could have been implemented to encourage private banks' lending to non-financial corporate business firms and support their investment and employment growth.
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Jacob works part-time as a cashier at a drug store. His gross pay for the year
was $8,000. Based on his income level, the federal tax rate he'll need to pay is
10%. For his state taxes, Jacob will need to pay 5% and the FICA rate is
7.65%. What is Jacob's net pay for the year?
A. $1,812
B. $7,200
C. $6,188
D. $6,988
Answers
Answer:
Option C
Explanation:
Gross Salary of Jacob = $ 8000
Federal tax paid by him = 10% of $8000 = $800
State tax = 5% of $8000 = $400
FICA rate = 7.65% of $8000 = $612
Net Pay of Jacob = $ 8000 - $800 -$400-$612
= $6188
Hence, option C is correct
the discovery of a large amount of previously-undiscovered oil in the u.s. would shift
Answers
What will happen if there is discovery of a large amount of previously-undiscovered oil in the u.s. is that :
In long-run aggregate-supply curve to the right.For aggregate supply curve shifts to the right, it can be deduced that at every price level, there is a production of higher quantity of real GDP. This is usually referred to as positive supply shock in economics.Therefore, aggregate-supply curve to the right in the long run.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Jika AFC adalah $8 pada jumlah output 1.000 unit, dan ATC adalah $12 pada tingkat output yang sama, maka
A. biaya marjinal adalah $10.
B. AVC adalah $4.000.
C. total biaya adalah $4.000.
D. AVC adalah $4.
Answers
If AFC is $8 at 1,000 units of output, and ATC is $12 at the same level of output, then AVC is $4. (D)
To calculate AVC, we subtract AFC from ATC, which gives us $4.
Marginal cost refers to the cost of producing one additional unit, so we can't determine it from the given information.
Total cost can be calculated by multiplying ATC by the output level, which would give us $12,000. However, the question only asks for AVC, which is a per-unit cost, not a total cost.
Therefore, the correct answer is D - AVC is $4,000.
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You purchase one IBM March 160 put contract for a put premium of $13. The maximum profit that you could gain from this strategy is _________.
a. $1,300 b. $16,000 c. $160 d. $14,700
Answers
To calculate the maximum profit from the purchase of one IBM March 160 put contract, we need to consider the strike price and the premium paid.
Given:
Strike price = $160
Premium paid = $13
The maximum profit for a put option is achieved when the underlying asset's price drops to zero. In this case, if the price of IBM drops to zero, the put option would allow the holder to sell the shares at the strike price, resulting in the maximum profit.
The maximum profit can be calculated as:
Maximum Profit = (Strike Price - Premium Paid) * Number of Contracts * Contract Size
Plugging in the values:
Maximum Profit = ($160 - $13) * 1 * 100
Maximum Profit = $147 * 100
Maximum Profit = $14,700
Therefore, the correct answer is d. $14,700, which represents the maximum profit that could be gained from this strategy.
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which of these actions would most likely decrease a person’s net worth for at least the next 6 months?
Answers
The cash (asset) column lowers when an expense being recorded concurrently with cash payment, but the expense's cost decreases the retained profits account.
What does an earnings report contain?A quarterly quarterly results is what?Every three months, public firms are required to submit quarterly earnings reports outlining their most latest financial performance.Net income, profits per share, profit through operating income, and net sales are all included in quarterly earnings reports.
How would you define income?Simply put, a cash flow are its profits. The profits of a corporation are calculated by deducting all production expenses from the revenue from sales of that product. Of course, accounting is quite specific.
Which of these behaviors is most likely to result in a decline in someone's net worth over the following at least six months?
A) Taking on debt with a high APR
B) Adding to your resources
C) Increasing sales
D) No of the preceding
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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