The change in government purchases needed to close the GDP gap is $100 billion.
To calculate the change in government purchases to close the GDP gap, we can use the expenditure multiplier formula:
Expenditure Multiplier = 1 / (1 - MPC)
In this case, the MPC is given as 0.75. So, the expenditure multiplier would be:
Expenditure Multiplier = 1 / (1 - 0.75) = 1 / 0.25 = 4
Now, we can calculate the change in government purchases:
Change in Government Purchases = (Change in Real GDP) / Expenditure Multiplier
Change in Real GDP = $17.8 trillion - $17.4 trillion = $0.4 trillion
Change in Government Purchases = $0.4 trillion / 4 = $0.1 trillion = $100 billion
Therefore, the change in government purchases needed to close the GDP gap is $100 billion.
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3. What is an annual percentage rate (APR)? Describe one similarity and one
difference between the APR and the interest rate on a credit card or loan. Why
would the APR differ from a creditor's posted interest rate? In your response, also
explain how borrowers can use the APR to evaluate loan options, and describe why
borrowers should be wary of low introductory APRs. (8 points)
7
An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
What is annual percentage rate?The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge. An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
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How to find the monthly payment in math?
There are several approaches to determining your monthly payments because the payments for various loan types concentrate on various sums. Here are the formulas for the three categories that were previously described.
The formula for Amortized Loan Payment
Utilizing your principal balance or total loan amount (a), periodic interest rate (r), which is equal to your yearly rate divided by the number of payment periods, and the overall number of payment periods, you may get your monthly payment (P) (n).
P = a ÷ { [ ] - 1 } ÷ [ r ]
The formula for Interest-Only Loan Payments
An interest-only loan's payment calculation is simpler. Divide the annual interest rate (r) by the frequency of payments (n), then multiply that result by the total amount borrowed (a).
P = a ( r ÷ n)
Calculations for Credit Card Payments
Although the math for credit cards is also very straightforward, it is more difficult to calculate your balance because it changes frequently and different lenders have varying interest rates. Your minimum monthly payment is often determined by a calculation depending on your total balance.
P = Card Balance x r
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ABC Credit Card company noticed that the average balance of all ABC credit card users who have missed the minimum payment last month is $3742.00 with a standard deviation of $1355.00. * = a. When the monthly statement is prepared, they charge a monthly interest of 1.8% for the current balance. Suppose that the statement balance current balance * 1.018. The average statement balance of all ABC credit card users who missed the minimum payment last month is with a standard deviation of b. Since they missed the minimum payment, all of them are subjected to pay a late fee of $35. Suppose that the new statement balance = (current balance * 1.018) +35. The average statement balance of all ABC credit card users who missed the minimum payment last month is with a standard deviation of 1.9. Determine the type of sampling used in the following study: A marketing manager wants to analyze how store employees perceive a new product they are selling. She randomly selects five stores and has all employees in those stores fill out surveys.
This approach provides insights into the perception of the new product by employees across multiple stores, while still being more efficient compared to surveying all employees from all stores.
What type of sampling was used to analyze how store employees perceive a new product?Cluster sampling is a sampling technique where the population is divided into groups or clusters, and a random sample of these clusters is selected for analysis.
In this case, the marketing manager selected five stores as clusters and then collected data from all employees within those selected stores.
The key characteristic of cluster sampling is that each cluster is treated as a representative sample of the population, and all individuals within the selected clusters are included in the study.
This method is often more practical and cost-effective when it is difficult or time-consuming to access the entire population directly.
In this study, the marketing manager used cluster sampling by randomly selecting five stores, treating them as clusters, and collecting survey responses from all employees within those selected stores.
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T/F: The net accounts receivable reported in the current asset section of a company's balance sheet represents all receivables expected to be collected within the next year.
The statement "the net accounts receivable reported in the current asset section of a company's balance sheet represents all receivables expected to be collected within the next year" is true because accounts receivable are a type of asset that appears on the balance sheet and represents all receivables expected to be collected within the next year.
The given statement "the net accounts receivable reported in the current asset section of a company's balance sheet represents all receivables expected to be collected within the next year" is true because accounts receivable (AR) are defined as the amounts of money owed to a business by its customers and clients for goods and services purchased on credit. Accounts receivable are known as trade credit and represent receivables expected to be collected.
Trade credit is a type of credit offered to businesses that enables them to purchase goods and services without paying cash at the time of purchase. These transactions are recorded by the seller as accounts receivable.
Accounts receivable are a type of asset that appears on the balance sheet. They are classified as a current asset, indicating that they are expected to be converted to cash within a year or less. The net accounts receivable reported in the current asset section of a company's balance sheet represents all receivables expected to be collected within the next year.
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Need help!
Horace is seeking to exchange money in preparation for his trip to Uruguay. He will need 5,000 Uruguayan pesos, and the exchange rate between the US dollar and the Uruguayan peso is 1:19.924. The currency exchange agent Horace is using requires that a 5% fee be paid once the currency conversion has occurred. Taking the fee into account, how many US dollars will it take Horace to get 5,000 pesos? Round to the nearest cent.
A. $274.62
B. $249.05
C. $250.95
D. $238.41
The US dollars taken by Horace to get 5,000 pesos is $274.62. Therefore the correct option is (A).
What is exchange rate?Exchange rate refers to the rate of the exchange from one currency to the other. The exchange rate is fixed in the case of the use of the gold or any other standard.
According to the given question, Horace need 5,000 Uruguayan pesos and requires 5% surcharge. This implies that he will get only 95% of the money for the exchanges.
= (0.95)(19.924)
= 18.9278
In order to get 5000 Uruguayan pesos The amount of the dollar received is calculated as follows-:
5000 = (x)(18.9278)
here x is the number of dollars.
5000 = (x)(18.9278)
x = 5000/ 18.9278
x = $274.62
Therefore the correct option is (A).
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PLZ HELP EXTRA POINTS!!!
Without freedom of expression ____.
A. Congress would have too much power
B. democracy could not exist
C. all kinds of unpopular ideas would become popular
D. the result would be a utopia
Answer:
A. Congress would have too much power
Explanation: I hope this helps :)
They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
Which of the following situations would not result in auditors adding an emphasis-of-matter paragraph or section to their report without modifying the remainder of the report? Multiple Choice Reference to a departure from GAAP that is material, but not pervasive, to the financial statements. Reference to a going-concern uncertainty facing the entity. Reference to a change in the method of accounting mandated by the issuance of a new accounting standard. Reference to an acquisition made by the entity during the most recent fiscal year.
Answer: Reference to a departure from GAAP that is material, but not pervasive, to the financial statements.
Explanation:
Based on the information given, the situation which would not result in the auditors adding an additional paragraph to their report without the modification of the introductory, the scope, or the opinion paragraphs of the report is option A "Reference to a departure from GAAP that is material, but not pervasive, to the financial statements".
Other options are incorrect. Therefore, the correct option is A
What do the data in case Exhibit 1 reveal about lululemon’s financial and operating performance?To answer this question, use the key financial ratios in Chapter 4 to assist you in performing calculations to determine which of the following statements are true.
To analyze Lululemon's financial and operating performance using the data in case Exhibit 1, you can perform calculations using key financial ratios from Chapter 4. Here is a step-by-step process for determining which of the given statements are true:
1. Locate the relevant financial data in Exhibit 1, such as revenue, net income, total assets, total liabilities, and total equity.
2. Calculate the key financial ratios using the data provided. Some examples of these ratios are:
a. Profit Margin = Net Income / Revenue
b. Return on Assets (ROA) = Net Income / Total Assets
c. Return on Equity (ROE) = Net Income / Total Equity
d. Current Ratio = Current Assets / Current Liabilities
e. Debt-to-Equity Ratio = Total Liabilities / Total Equity
3. Compare the calculated ratios with industry averages or competitor's ratios to assess Lululemon's performance.
4. Based on these calculations and comparisons, determine which of the given statements are true about Lululemon's financial and operating performance.
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Making sense of the management data your project has gathered is the main goal of operational and financial performance analysis.
By financial performance, what do you mean?A company's ability to employ resources from its main line of business and create income is measured subjectively by its financial performance. The phrase is also employed as a broad indicator of a company's overall financial health over a specific time frame.
How does operating performance work?Measuring outcomes in relation to the resources utilised to attain those outcomes is the definition of operating performance. For the sake of this presentation, efficiency might be interpreted as the ratio of a process' or activity's output to the sum of its required energy expenditure.
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What product are you making to bring Toys R Us back?
Answer:
An exclusive amazon alexa that's for little little kids, like toddlers that doubles as a camera
Explanation:
Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung-balance method at 150 percent of the straight-1,1e tate. Waller expects to use the equipment for 10 years. At the end of which it will have an estimated salvage valueef 54.000. Prepare a comparison of these IWO alternatives for the fast two yews Waller will oun the equipment
Answer:
Waller Company
Comparison of Straight-line Depreciation and Declining Balance Methods
Straight-line method Declining balance method
Cost of equipment $24,000 $24,000
1st year depreciation exp. 1,860 2,760
Net book value 22,140 21,240
2nd year depreciation exp. 1,860 2,371.50
Ner book value 20,280 18,868.50
Explanation:
a) Data and Calculations:
Cost of purchased equipment = $24,000
Duration of useful life = 10 years
Estimated salvage value = $5,400
Depreciable amount under the straight-line method = $18,600
Depreciation expense per year under the straight-line method = $1,860 ($18,600/10)
Under the declining balance method:
The depreciation rate = 10% * 150% = 15% per year
Depreciation expense for the first two years:
Year 1, 15% of $18,600 = $2,760
Year 2, 15% of ($18,600 - 2,760) = $2,371.50
Complete the paragraph describing the purpose and benefits of informational interviews by selecting the missing words.
When you set up an informational
interview, you need to think about your objectives. For one thing, you want to gain ________ from the person that you’re interviewing to help you learn about the career field. The questions that you choose to ask will help you learn the information that interests you most.
You can also ________ which will help you have a better chance of receiving a job offer in the future. You can follow up with this individual and learn about positions that become available.
The options for blank 1 are:
A - A new job
B - Firsthand information
C - Comapany secrets
D - Improved communication skills
The options for the blank 2 are:
A - Schedule a professional interview
B - Tell the interviewer that you'd accept any position
C - Expand your professional network
D - Make negative comments about your former employer
This question already exists on Brainly, but both of the answers are terrible because the question didn't give any answer choices
My best guess is B & B
Analyzing the information, the appropriate options for each question are:
B - Firsthand informationC - Expand your professional networkWhat are informational interviews?Informational interviews are meetings or conversations that you have with professionals in a specific career field that you are interested in. The purpose of these interviews is to gain firsthand information about the career field, including information about the industry, the work environment, and the daily responsibilities.
Therefore, The first missing word is "Firsthand information", as this is the information that you are seeking to gain from the person that you are interviewing. The second missing word is "Expand your professional network", as one of the benefits of informational interviews is that they can help you to establish new connections and relationships
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Fill in the gaps using second conditional. /2
If she (know) __________ the answer, she would win the prize.
If I (be) ___________ a rich man, I would buy a Mercedes Benz.
They would stay longer, if they (has) _________ more time.
If I (understand) __________ what the teacher said, I could tell you.
plz tell hurry
Answer:
knew
were
had
understood
A firm sells its output in a perfectly competitive market and hires two inputs, capital and labor, in perfectly competitive factor markets. The product price is $15 per unit, the wage is $75 per day, and the marginal product of capital is 3. If the firm is choosing the least-cost combination of labor and capital, the firm's marginal product of labor and the price of capital must be equal to which of the following?
Marginal Product of Labor Price of Capital
(A) 25 $5
(B) $25 $45
(C) $5 $15
(D) 5 25
(E) 5 45
The answer is option (B) $25 $45.The marginal product of labor (MPL) is the extra output produced by hiring one additional unit of labor, and the marginal product of capital (MPK) is the extra output produced by adding one more unit of capital.
In the short run, a company's production depends on the quantity of capital and labor that it employs.Therefore, when the company is selecting the least-cost combination of labor and capital, it must do so in such a way that the cost of the marginal product of capital (MPC) equals the cost of the marginal product of labor (MPL).Now let's determine if this company is operating at the lowest possible cost.
The MPK is given as 3, and since the price of capital equals the marginal product of capital, it is equal to 3. MPL is unknown, so we'll need to figure it out.To determine the MPL, we'll utilize the following formula:MPL = change in Q / change in L, where Q is the output and L is the labor force.The cost of labor is $75, and the price of goods is $15. Using this information, the firm's least-cost output production will have an MPL of 5 and a price of capital of $45. Thus, the answer is option (B) $25 $45.
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what are the important features of utility?
Answer:
Utility is the want-satisfying power of a commodity. It is the satisfaction, actual or expected, obtained from the consumption of a commodity. Characteristics of Utility are: Utility is psychological: It depends on the mental attitude and assessment of the person consuming the commodity and also his likes and dislikes.
Which statement explains how a credit card is a form of financial exchange?
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
A credit card can be used to pay for services, and the user agrees to pay these charges at a later time.
Each credit card has a certain monetary value, which users exchange with each other like currency.
Credit cards are paper documents that users write on to indicate the amount being paid to a merchant.
Answer:
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
Large retailers like Target play a significant role in providing all of the following EXCEPT _______.a. domestic employmentb. customized servicec. global employmentd. online shopping
All of the foregoing, with the exception of personalised service, are provided in substantial part by big box stores like Target.
What do you mean by Large retailers?While they do offer online shopping and local and international employment opportunities, their business strategy often places more emphasis on standardised products and services designed for mass consumption than on individualised or customised experiences. These stores frequently concentrate on offering domestic work, international employment, and online buying, but they might not be able to provide the same level of individualised or tailored service that smaller, more niche companies can.
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Prompt What is an economy?
Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.
Answer:
A.
Explanation:
Suppose the market demand function (expressed in dollars) for a normal product is
P = 80 – q, and the marginal cost (in dollars) of producing it is MC = 1q, where P is the
price of the product and q is the quantity demanded and/or supplied. How much would be supplied by a competitive market?
Compute the consumer surplus and producer surplus. Show that their sum is
maximized. Compute the consumer surplus and the producer surplus assuming this same product
was supplied by a monopoly. (Hint: The marginal revenue curve has twice the slope
of the demand curve. )
Show that, when this market is controlled by a monopoly, producer surplus is larger,
consumer surplus is smaller, and the sum of the two surpluses is smaller than when
the market is controlled by competitive industry
If a market demand function for a normal product is supplied by a monopoly, it means that the market is controlled by a single firm that has the power to set prices and restrict output.
In this scenario, the demand curve faced by the monopolist will be downward sloping, as the firm will need to lower prices to sell more units. However, the monopolist will not face perfect elasticity of demand as they are the only supplier in the market, and consumers will have limited substitutes available.
The monopolist's marginal revenue curve will have twice the slope of the market demand curve as the firm will need to lower prices on all units sold, not just the last one, in order to sell more units. This means that the marginal revenue curve will lie below the demand curve, and the monopolist will choose a quantity where marginal revenue equals marginal cost to maximize profits.
Compared to a competitive industry, a monopoly will typically produce less output at a higher price, resulting in a deadweight loss to society. However, monopolies can also lead to innovation and higher quality products as the firm has greater control over its resources and profits.
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when your bank or credit card company sends you a notification of changes in how it collects or shares data, it is sending that notification in compliance with:
When your bank or credit card company sends you a notification of changes in how it collects or shares data, it is sending that notification in compliance with privacy regulations and laws. These regulations, such as the GDPR in Europe and the CCPA in California.
When your bank or credit card company sends you a notification of changes in how it collects or shares data, it is sending that notification in compliance with various privacy laws and regulations. These laws require financial institutions to inform their customers of any changes to their privacy policies and provide them with an opportunity to opt out of any data-sharing activities. By sending these notifications, banks and credit card companies are ensuring that they are transparent about their data collection practices and are giving customers the ability to control how their personal information is used. Hence, ensure that consumers are informed about changes in data collection and sharing practices, protecting their privacy rights and giving them control over their personal information.
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how is weather useful to our body
Answer:
1. precipation
2. national security
Explanation:
1. Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
2. The stability of the climate is an important factor to human health. Because overall climates are stable for long stretches of time, humans adapt to a given climate. For example, the evolution of light skin from dark was to help humans become more resistant to cold weather and synthesize more vitamin D per each exposure to ultraviolet light as they moved away from the equator to areas where there was less direct sunlight and more cloud-covered days. Rapid climate change could be detrimental to human health because the body cannot adapt quickly enough to changes in the weather and environment.
2.
Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
William and Charlotte Collins divorced in November of year 1. William moved out and Charlotte remained in their house with their 10-month-old daughter Autumn. Diana, Charlotte's mother, lived in the home and acted as Autumn's nanny for all of year 1. William provided 70% of Autumn's support, Diana provided 20%, and Charlotte provided 10%. When the time came to file their tax returns for year 1, William, Charlotte, and Diana each wanted to claim Autumn as a dependent. Their respective AGIs for year 1 were $50,000, $35,000, and $52,000. Who has priority to claim Autumn as a dependent?
A. William.
B. Charlotte.
C. Diana.
D. They must negotiate amongst themselves.
Answer: B. Charlotte
Explanation:
Preference is given to people that live with the dependent so this puts William at the least priority because he doesn't live with Autumn thereby leaving Charlotte and her mother.
Preference is then given to the biological parents of the dependent which means that Diana is has second priority. Charlotte is therefore the the most preferred to claim her daughter as a dependent which would allow her greater tax deductions.
Which option best describes the main behavior that economics studies?
A. People making choices based on their limited resources
B. People creating different governments around the world
C. People participating in a traditional musical performance
D. People experiencing the physical symptoms of a disease
SUST
Answer: People making choices based on their limited resources
Explanation:
The option best describes the main behavior that economics studies is People making choices based on their limited resources.
Economics is a social science subject which studies how humans behaves due to scarcity and due to the limited resources that are available.
As a result of limited resources, Individuals or economic agents have to make choices and choose the good or service that matters most to them. This is where opportunity cost comes in as other options are left and the best option is chosen.
Answer:
A.people making choices based on their limited resources
Explanation:
A company's _____ is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
A. structure
B. strategy
C. forecast
D. culture
A company's strategy is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
Option B is correct.
Company strategy:A strategy is a long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.
What is Good Corporate Strategy?A successful business strategy begins by formalizing a plan on the three core elements that follow.Business goals, target groups and strategic management. Use these six action items to start crafting an effective business strategy that aligns with your organization's goals.
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Which of the following is not a financial institution? (A. Pension fund B. A newspaper publisher C. A commercial bank D. An insurance company)
A financial institution is not an insurance firm.
Which financial institutions do you mean?A place that fulfills and facilitates cash payments, such as loan, mortgages, and deposits, is often referred to as a financial institution. Consumers may manage their finances and establish a solid foundation with financial institutions.
What kind of financial institution is the most typical?Because they provide the most financial services, banks are the most prevalent financial institution. Banks provide a wide range of services, including checking and savings accounts, auto, student, and house loans, financial advice, ATMs, direct deposit, and currency swaps.
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What effect has the use of lifo inventory costing had on ge's pretax income and tax expense for 2009 only (assume a 35% income tax rate)? (round answers to the nearest whole number. )
The effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.
The use of LIFO inventory costing results in higher reported pretax income and lower reported tax expense for a company. This is because LIFO assumes that the most recently purchased inventory is sold first, while FIFO assumes that the oldest inventory is sold first.
Assuming a 35% income tax rate, the use of LIFO for Ge's pretax income and tax expense in 2009 would be as follows:
Pretax income using LIFO:
(Beginning inventory at end of 2008 x LIFO cost formula) - (Purchases during 2009 x LIFO cost formula) = Pretax income using LIFO
Pretax income using FIFO:
(Beginning inventory at end of 2008 x FIFO cost formula) - (Purchases during 2009 x FIFO cost formula) = Pretax income using FIFO
Tax expense using LIFO:
(Pretax income using LIFO x LIFO tax rate) = Tax expense using LIFO
Tax expense using FIFO:
(Pretax income using FIFO x FIFO tax rate) = Tax expense using FIFO
Therefore, the effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.
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name 5 types of business farms
Answer:
sole proprietorshiplimited liability companypartnershipcorporationcooperative.
Answer: sole proprietorship
limited liability company
partnership
corporation
cooperative.
non profit corparation
Explanation:
Create a bulleted list of four possible skills a person could have. These may be your own skills.
(Career explorations)
These are four possible skills a person could have for Career explorations:
You have Skilled.You have Valued. You are Experienced.You are Educated in that field.What's Skill? A skill is the learned capability to act with determined results with good prosecution frequently within a given quantum of time, energy, or both. Chops can frequently be divided into sphere-general and sphere-specific chops. For illustration, in the sphere of work, some general chops would include time operation, cooperation and leadership, tone- provocation, and others, whereas sphere-specific chops would be used only for a certain job. Skill generally requires certain environmental stimulants and situations to assess the position of skill being shown and used. Why is a skill important? Having a good skill set also helps you grow as an existent. You make a network, learn time operation and gain interpersonal chops.These chops only come with experience and no academy or schoolteacher can educate them.Learn more about skills here:
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- RBT Requirements Coordinators are responsible for:
•Direct supervision of an RBT only
•All supervision activities of RBTs across an organization
•Administrate paperwork associated with RBT supervision only
•Only activates associated with RBT supervisors
Answer: All supervision activities of RBTs across an organization
Explanation:
A Registered Behavior Technician I someone who that is closely monitored by BCBA when practicing. The RBT is responsible for implementing behavior-analytic services.
RBT Requirements Coordinators are responsible for all supervision activities of RBTs across an organization.