A. The cutoff value for the highest 30% of the funds is approximately 0.035.
B. The cutoff value for the lowest 20% of the funds is approximately -0.008.
C. The lower cutoff value for the middle 80% of the funds is approximately -0.061, and the upper cutoff value is approximately 0.083.
D. The cutoff value for the highest 80% of the funds is approximately -0.008.
To find the cutoff values for different percentages of the mutual funds' quarterly returns, we can use the properties of the Normal distribution. Given that the quarterly returns can be modeled by the Normal distribution N(0.011, 0.046), we can calculate the cutoff values using the Z-scores.
A. Highest 30% of the funds:
To find the cutoff value for the highest 30% of the funds, we need to find the Z-score that corresponds to the 70th percentile (100% - 30% = 70%). Using a Z-score table or a statistical calculator, we find that the Z-score corresponding to the 70th percentile is approximately 0.524.
The cutoff value for the highest 30% of the funds is given by:
Cutoff value = Mean + (Z-score * Standard deviation)
Cutoff value = 0.011 + (0.524 * 0.046)
B. Lowest 20% of the funds:
To find the cutoff value for the lowest 20% of the funds, we need to find the Z-score that corresponds to the 20th percentile. Using a Z-score table or a statistical calculator, we find that the Z-score corresponding to the 20th percentile is approximately -0.841.
The cutoff value for the lowest 20% of the funds is given by:
Cutoff value = Mean + (Z-score * Standard deviation)
Cutoff value = 0.011 + (-0.841 * 0.046)
C. Middle 80% of the funds:
To find the cutoff values for the middle 80% of the funds, we need to find the Z-scores that correspond to the 10th and 90th percentiles. Using a Z-score table or a statistical calculator, we find that the Z-score corresponding to the 10th percentile is approximately -1.282 and the Z-score corresponding to the 90th percentile is approximately 1.282.
The cutoff values for the middle 80% of the funds are given by:
Lower cutoff value = Mean + (Z-score for 10th percentile * Standard deviation)
Upper cutoff value = Mean + (Z-score for 90th percentile * Standard deviation)
D. Highest 80% of the funds:
To find the cutoff value for the highest 80% of the funds, we need to find the Z-score that corresponds to the 20th percentile (100% - 80% = 20%). Using a Z-score table or a statistical calculator, we find that the Z-score corresponding to the 20th percentile is approximately -0.841.
The cutoff value for the highest 80% of the funds is given by:
Cutoff value = Mean + (Z-score * Standard deviation)
Cutoff value = 0.011 + (-0.841 * 0.046)
Please note that the values provided are approximate and may vary slightly depending on the level of precision used in the Z-score table or calculator.
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Economists define capital as money used to start a business.
True
False
Answer:
False
Explanation:
Economists define capital as money used to start a business. The given statement is False.
Capital is the money a business requires to operate and grow. Cash on hand, accounts receivable, close cash, equity, and capital assets are typical kinds of capital.
What does capital mean in economics?A factory and its equipment, intellectual property like patents, or financial assets owned by a firm or individual are all examples of things that offer their owner value or an advantage. Despite the fact that money can technically be considered capital, the term is typically used to refer to funds utilized for investments or the production of goods.
The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources. Financial entities such as brokerages and others employ trading capital.
Thus, the given statement is untrue.
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PLZZZ HELP!!!
Part B
Imagine that you were the boss of the employees in these cases, and develop a list of at least five rules for appropriate behavior on social media that all employees must follow.
Part C
Finally, explain how you’ll personally avoid risky behaviors on social media, or how you can personally follow the rules so that you don’t put your own career at risk because of inappropriate social media posts.
Answer:
yes
Explanation:
Social media. A platform originally built to allow individuals to keep in touch and socialize with a small community of friends has become a forum for discussions as frivolous as kittens and as internationally significant as world leaders in a flame war. Those conversations are no longer limited to people on the same campus, or even in the same countries, nor are they limited to individuals. Organizations realized the reach and significance of social media around the same time as content marketing became a way to offer advice and best practices for free to people who would be drawn to your company and ultimately convert to customers and brand evangelists.
Answer: (Answers may vary.) Part B
These are my five rules for appropriate behavior for employees:
Do not use offensive language online.
Do not discuss your negative opinions, frustrations, or problems about work online.
Do not express any racist, sexist, or prejudiced opinions in general online.
Do not criticize your colleagues and customers of the company online with regard to their work.
Do not spread rumors or gossip about colleagues and customers online.
Part C: My Answer
I'll Avoid risky behaviors on social media buy conducting myself in a professional manner at all times, that way i avoid embarrassing myself and my company's reputation.
(Edmentum Answer)
I’ll set all of my social networking accounts to private and only accept friend requests from people I know well. I won’t use offensive language online. I won’t express any racist, sexist, or prejudiced opinions. I won’t rant about customers, no matter how upset I may be with them. I won’t talk about negative experiences or opinions about my work online. Instead, I’ll discuss my problems with the right people (management, human resources, supervisors, or co-workers). I’ll speak respectfully about my colleagues and superiors.
Explanation: Edmentum Sample Answer, And my Answer
Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.
Answer:
Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.
Your mom gets paid on the 15th of every month, but she’s running low on cash. Your brother’s birthday is coming up on the 10th and she needs to buy him a few more gifts. Should your mom use her debit card or credit card in this situation? explain
Answer:
The mom should use the debit card and get for him what she can cause If she doesn't have enough she is going too need to pay the government the money she took out
The mother should use the debit card and get for him what she can cause if she doesn't have enough she is going to need to pay the government the money she took out.
What is a debit card?A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term plastic card includes the above and as an identity document. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.
Some debit cards carry a stored value with which a payment is made, but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card.
This is referred to as a virtual card.
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Today’s savings accounts do not offer interest rates much higher than 1%. How does this impact the power of compounding?
If a country has a comparative advantage in the production of some good then A. that country can produce the good at a lower opportunity cost compared to other producers. B. that country should specialize in the production of that good and not trade with other nations so that they can keep all the gains for themselves. C. that country should let other nations produce that good so that they may focus on new products that will expand job opportunities for their citizens. D. All of the above.
Answer:
Explanation:
C.
A country can produce a good at a lower opportunity cost than other producers if it has a comparative advantage in producing that good. As a result, choice (A) is the right response.
What is comparative advantage?When manufacturing a specific good, agents in an economic model have a comparative advantage over rivals if they can do so at a lesser opportunity cost or autarky price, that is, at a lower relative marginal cost before the trade.
Comparative advantage is the term used to express the economic reality of trade-related employment advantages for individuals, businesses, or nations that result from variations in their factor endowments or technology advancement.
The classical theory of comparative advantage was created by David Ricardo in 1817 to explain why nations engage in international trade even when their employees are more effective at producing each and every good than those in other nations.
Hence, option (A) is the right choice.
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Double entry Received commission by Cheque
Answer:
congratulations sirr
Explanation:
ask any question or queries not other things
sorry if this was hurtful to you
If the state minimum hourly wage is higher than the federal minimum hourly wage then employers ____.
A. may offer a wage between the state and federal levels
B. pay the higher wage rate but are exempt from paying taxes
C. must pay workers the higher state rate
D. are allowed to pay the lower federal rate
Answer:
C
Explanation:
If the state minimum hourly wage is higher than the federal minimum hourly wage then employers must pay workers the higher state rate.
What is the minimum wage rate?
This is the lowest rate that the employers of labor in a state are supposed to pay their workers.
The employers are to pay the workers based on the rate that has been set in the state that they reside.
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Explain the tradeoffs involved in setting an ideal level of inventory for a
particular product. What are the costs if too much is maintained? What are
the costs if too little is maintained?
Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late december 2017, the company repaired samuel mosley's car and charged him $1,000. samuel did not think the problem had been fixed, so he refused to pay; thus, trip refused to release the automobile. in early january 2018, trip made a few adjustments under the hood; trip then convinced samuel that the automobile was working properly. at that time, samuel agreed to pay only $900 because he did not have the use of the car for a week. trip said "fine," accepted the $900, and released the automobile to samuel. an irs agent thinks trip, as an accrual basis taxpayer, should report $1,000 of income in 2017, when the work was done, and then deduct a $100 business loss in 2018. prepare a memo to susan apple, the treasurer of trip, with your recommended treatment for the disputed income.
Answer:
MEMO
To: Treasurer of Trip Garage, Inc.
From: Me
Subject: Dispute over accrued revenue
Mrs. S. Apple,
Good evening. Regarding your dispute over accrued revenue generated form the repair of Mr. Mosley's car, I must inform you the following:
Trip Garage, Inc., is an accrual basis taxpayer, therefore, revenues must be recorded once the repair service was completed, not when the invoice was collected.
In future occasions when similar problems show up, you should record an allowance for doubtful accounts. This way, if you believe that an account receivable is unlikely to be collected, it will be not considered for the year's financial records. This adjusting journal entry must be recorded before the end of the year, if not, all related revenues must be included in the years income statement.
Regards,
Me
Explanation:
Accrual taxpayers are required to record revenues once the revenue generating activity has been completed, i.e. Trip should have recorded $1,000 in revenue during 2017:
Dr Accounts receivable 1,000
Cr Service revenue 1,000
If Trip didn't consider that it would be able to collect the $1,000 receivable, then it should have recorded it as bad debt expense:
Dr Bad debt expense 1,000
Cr Allowance for doubtful accounts 1,000
If thy did not record the bad expense, then the IRS agent is right, and the $1,000 must be included in the 2017 income statement.
A budget is prepared as part of a(n) _____ plan.
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!
Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.
-tasks
-skills
-tools
-qualifications
Answer:
are a - tool - construction workers use
Based on the management in action case and what you know about lewin's change model, carnival managers should use the coronavirus pandemic as motivation for change at the organization during the ________ stage of the model.
Based on Lewin's change model, if Carnival managers are using the coronavirus pandemic as motivation for change at the organization, it would likely fall under the "unfreezing" stage of the model.
Lewin's change model consists of three stages: unfreezing, changing, and refreezing. The unfreezing stage involves creating awareness and preparing individuals or organizations for change by breaking down the existing mindset, attitudes, and behaviors that may be resistant to change. In the case of the coronavirus pandemic, the unprecedented and disruptive nature of the pandemic may have created a sense of urgency and necessity for change at Carnival. It could have prompted the management to recognize the need to unfreeze the current state of the organization and create awareness about the need for change due to the challenges and uncertainties posed by the pandemic.
During the unfreezing stage, Carnival managers may be focused on communicating the impact of the pandemic, explaining the reasons for change, and building a sense of urgency among employees to adapt to the new normal. This may involve providing information, clarifying expectations, addressing concerns. Lewin's change model is open and transparent communication to motivate employees for change.
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gov : in the policymaking process, the recognition-definition stage is the one in which
In the policymaking process, the recognition-definition stage is the one in which policymakers identify and define a specific issue or problem that requires attention and potential policy intervention.
During this stage, policymakers become aware of a particular problem or concern that demands their attention. They recognize that there is an issue that needs to be addressed through the policymaking process. This could be a result of various factors such as public demand, expert analysis, emerging trends, or social, economic, or environmental challenges.
Once policymakers recognize the issue, they proceed to define and clarify it. This involves understanding the underlying causes, consequences, and scope of the problem. Policymakers conduct research, gather data, consult experts, and engage stakeholders to develop a comprehensive understanding of the issue.
The recognition-definition stage is crucial as it lays the foundation for the subsequent stages of the policymaking process. It helps policymakers set the agenda and prioritize issues based on their significance, urgency, and feasibility. The definition of the problem guides the development of policy goals, objectives, and potential solutions.
By identifying and defining the problem accurately, policymakers can ensure that subsequent stages, such as policy formulation, implementation, and evaluation, are effectively aligned with addressing the issue at hand.
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let’s focus on the second quarter since the change in velocity is so dramatic. during that quarter, the cpi fell by 0.9%, real gdp fell by 9.0%, the money supply rose by 23%, and velocity changed by %. give your answer to one decimal.
Choose one: A. People and banks were spending their money at faster rates.
B. There was a substantial increase in the money supply.
C. People and banks were holding on to their money longer.
D. The inflation rate was negative.
There is some indication that the United States may be entering a recession as a result of the fact that now the economy shrunk in the second period and GDP fell by 0.9%.
A shrunk economy is what?Economic contraction is the term used to describe the business cycle's downward slope. A period of declining economic production is known as a contraction. The economy is currently producing less than it did previously. In order to create less goods and services, businesses must use fewer resources, especially labor.
The US economy has it shrunk?One definition of the a recession is supported by the most recent GDP measurement, which shows that the US economy contracted for two consecutive quarters. During in the 2nd period of 2016, the US GDP contracted by 0.6%.
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____________ decision makers are individuals who make decisions and announce them, are highly task oriented, and have a low tolerance for ambiguity. conceptual directive analytical behavioral.
Directive decision makers are the individuals or persons who make decisions and announce them in the organization, are highly task-oriented, and have a low tolerance for ambiguity.
There are four decision-making styles, such as directive, analytical, behavioral, and conceptual. These decisions- making styles are possessed by the strategic leaders and individuals to make decisions or choices. However, these four decision-making styles work better in different environments or situations. These types of leadership lead the organization toward productivity, a cooperative, and engaged working environment.
Directive decision-making style: This style makes quick decisions and comes to a solution. This type of decision maker has a low tolerance for unclear or ambiguous ideas. This type of leadership mostly focuses on the tasks and use their knowledge to come to a solution. Analytical decision-making style: This type of leadership makes the decision based on their analytics and data information. They are task-oriented but they have a high tolerance for ambiguity. They make the decision and come to the solution based on compile data and information. Conceptual decision-making style: They are the big thinker and make the decision based on their conceptual analysis. They suggest different available options and possibilities. This style has a high tolerance for unclear or ambiguous ideas. This type of decision-maker are highly social-oriented and take time for making decision. They look forward and try to predict what will happen if the decision is taken. The conceptual decision-maker are strong in making long term decision. Behavioral decision-maker: This style focuses on building relationships more than the tasks. As part of their decision-making, they evaluate the feelings of others and make decisions accordingly. This type of decision-making style have low tolerance for ambiguity.You can learn more about decision-making styles at
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United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $40,000 in materials and equipment usage. The second took 3,600 hours and cost $32,000 in materials and equipment usage. Labor cost is charged at $20 per hour. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. Use and a. What will the last unit cost to build? (Round your answer to the nearest dollar amount.) b. What will be the average time for the 20 missile guidance controls? (Round your answer to the nearest whole number.) c. What will the average cost be for guidance control for the 20 in the contract? (Round your answer to the nearest dollar amount.)
The average cost for guidance control for the 20 in the contract is $112,000, rounded to the nearest dollar amount.
a. Calculation of last unit cost to buildThe cost of producing the first unit of the cruise missile guidance control is $40,000 and it took 4,000 hours to complete. Therefore, the labor cost for the first unit can be calculated as:
4,000 hours × $20/hour = $80,000
For the second unit, the cost was $32,000 and it took 3,600 hours to complete.
Therefore, the labor cost for the second unit can be calculated as: 3,600 hours × $20/hour = $72,000
The average cost per guidance control for the 20 units in the contract = $2,240,000/20 units = $112,000 .
Thus, the total labor cost for both the units = $80,000 + $72,000 = $152,000
Therefore, the average labor cost per hour = $152,000/7,600 hours = $20/hour
Hence, the cost of producing the last unit can be calculated as:
(20 hours × $20/hour) + $32,000 = $400 + $32,000 = $32,400
Therefore, the last unit will cost $32,400 to build.b.
Calculation of the average time for the 20 missile guidance controls
To calculate the average time for the 20 missile guidance controls, we can use the average time per unit of the first two units.
The total time taken to produce the first two units = 4,000 + 3,600 = 7,600 hours
Therefore, the average time per unit = 7,600 hours/2 units = 3,800 hours
Thus, the average time to produce 20 missile guidance controls = 3,800 hours × 20 units = 76,000 hours
Therefore, the average time for the 20 missile guidance controls is 76,000 hours, rounded to the nearest whole number.c.
Calculation of the average cost for guidance control for the 20 in the contract
The total cost of producing the first two units = $40,000 + $32,000 = $72,000
The total labor cost for the first two units = 4,000 hours × $20/hour + 3,600 hours × $20/hour
= $80,000 + $72,000 = $152,000
Therefore, the total cost to produce the first two units including labor = $72,000 + $152,000 = $224,000
The cost per unit for the first two units = $224,000/2 units = $112,000
Therefore, the total cost of producing 20 units can be calculated as:20 units × $112,000/unit = $2,240,000
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Which of the following is a clear benefit of international marketing? expands the customer base for products and services allows for product redesign for new markets makes it possible to hire employees from several cultures, which increases diversity and communication all of the above
Answer:
Expands the customer base for products and services
Explanation:
I think a benefit of clear international marketing is expanding the customer base for products and services.
Based on the details of the scenario, determine what will most likely occur. Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who then makes the pelts into hats to sell. A year into their contract, it becomes illegal to buy or sell beaver pelts in the U.S.
Answer: Contract is voided
Explanation:
From the question, we are informed that Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who will then makes the pelts into hats to sell.
We are further told that a year into their contract, it becomes illegal to buy or sell beaver pelts in the United States. Based on the scenario explained, the contact will be voided.
A void contract is referred to as a formal agreement that cannot be enforceable and is not legitimate. Since it is illegal to either purchase or sell beaver pelts, it means that the context cannot be carried out anymore and should the be void.
BUURCAR
Which of the following is NOT true of career fairs?
A careers fair's goal is to facilitate networking between businesses and job seekers. These programs are for those who are unsure about their next move, wish to change careers, or want to learn more about a specific field. It does not include gaining favors from another person.
What happens at a job or career fair?
Hundreds of employers and even more job seekers will attend live career fairs. Each employer will have a separate booth where visitors may talk to representatives and current workers to learn more about the who, what, where, why, and how of the company. This is your chance to network and meet potential employers. Along the way, you can also pick up information packets, attend seminars, pass out your resume, and possibly even depart with an interview scheduled. Everyone is welcome at recruitment events like career fairs, which is a wonderful feature. There are chances for people of all ages and levels of expertise due to a large number of diverse employers in attendance.
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a decentralized organizational structure is partly predicated on a belief that
A decentralized organizational structure is partly predicated on a belief that distributing decision-making power and authority throughout an organization can enhance agility, innovation, and efficiency.
It recognizes that relying solely on top-down decision-making can slow down responsiveness and hinder adaptation to changing circumstances. By empowering employees at different levels to make decisions and take ownership of their work, decentralized structures foster greater employee engagement, creativity, and problem-solving capabilities. This approach also promotes collaboration, as it encourages information sharing and cross-functional cooperation. However, it's important to note that the effectiveness of a decentralized structure depends on various factors, including the organization's size, industry, and specific objectives.
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The intended audience for the memo is___________.The tone of the memo should be________.Finally, the purpose of the memo is____________________________.
The intended audience for the memo is all company employees. The tone of the memo should be formal. Finally, the purpose of the memo is to make sure employees understand and follow the updated dress code.
State, in brief, with reasoning, whether following statement is correct/incorrect: “One cannot be everything to everyone, but can be everything to a selected few”.
Answer:
Yes the statement is correct.
Explanation:
The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.
Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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Privacy laws include governing what
TS Marketing Research Company has claimed that part-time students' annual incomes were normally distributed with a mean income of $30,000 and a standard deviation of $3,000. a) If a student is chosen at random, find the probability that the student earns more than $31,000. b) If a student is chosen at random, find the probability that the student earns between $28000 and $33,000. c) What will be the minimum income for the lowest 5% ? d) If a statistical sample of 50 students is taken, what is the probability that this sample of students will contain a mean income of less than $31,000 ?
The question pertains to a marketing research company's claim about part-time students' annual incomes, which are assumed to follow a normal distribution with a mean income of $30,000 and a standard deviation of $3,000. The probability of earning more than $31,000, the probability of earning between $28,000 and $33,000, the minimum income for the lowest 5%, and the probability of obtaining a sample mean income of less than $31,000 for a sample of 50 students need to be determined.
In part (a), to find the probability that a randomly chosen student earns more than $31,000, we need to calculate the area under the normal distribution curve to the right of $31,000. This probability represents the proportion of students who earn more than $31,000.
In part (b), to find the probability that a randomly chosen student earns between $28,000 and $33,000, we need to calculate the area under the normal distribution curve between these two income values. This probability represents the proportion of students who fall within this income range.
In part (c), to determine the minimum income for the lowest 5%, we need to find the income value corresponding to the 5th percentile of the normal distribution. This represents the income below which only 5% of the students' incomes fall.
In part (d), to calculate the probability that a sample of 50 students will have a mean income of less than $31,000, we need to use the Central Limit Theorem. According to this theorem, the distribution of sample means approaches a normal distribution as the sample size increases. We can calculate the probability by standardizing the mean income value using the sample mean and the standard deviation of the sample mean.
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According to certain theories of motivation, a bonus of $100 for completing a work assignment before a deadline is an example of.
According to certain theories of motivation, a bonus of $100 for completing a work assignment before a deadline is an example of an incentive.
A concept is a rational sort of abstract thinking about a phenomenon, or the effects of such questioning. The technique of contemplative and rational thinking is frequently related to such methods as observational observe or research. Theories may be clinical, belong to a non-scientific subject, or no field in any respect. Relying on the context, a concept's assertions would possibly, for example, include generalized explanations of the way nature works. The phrase has its roots in ancient Greek, however in contemporary use it has taken on numerous associated meanings. In cutting-edge science, the time period "concept" refers to medical theories, a nicely-showed form of clarification of nature, made in a way consistent with the scientific technique, and fulfilling the standards required through modern technology.
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Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?
Answer:
2
Explanation:
It’s just right, trust
In a closed economy with only lump-sum taxation, if the marginal propensity to consume is equal to 0. 75, a $70 billion increase in government spending could cause a maximum increase in output of.
The maximum increase in output would be $280 billion.
What is the maximum increase in output?The MPC is known as the marginal propensity to consume. It is the fraction of income that is spent on consumption. The other fraction of income is expected to be saved.
The maximum increase in output = increase in government spending / ( 1 - MPC)
$70 / 0.25 = $280 billion
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Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.
Answer:
1. Man-made
2. natural resources
3. entrepreneurship
4. Human resources
Explanation:
Natural resources are those which are present in the environment and are limited in number.
The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.Therefore, the given resources are matched with the scenarios in which they are used.
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