When should an irs-certified volunteer preparer participating in the vita/tce programs perform a complete interview of a taxpayer?.
Answers
An IRS-certified volunteer preparer participating in the VITA/TCE programs should perform a complete interview of a taxpayer when the individual comes in for tax preparation assistance. This should be done in order to identify any issues or complexities that may affect the tax return.
The preparer should start the process by verifying the taxpayer’s identity and that of the dependents claimed. This can be done through the use of government-issued identification, Social Security cards, or other official documentation.Next, the volunteer preparer should go through each item on the tax return form and ask the taxpayer for any supporting documents, such as receipts, bills, or statements, that are needed to complete the return. This includes information about income, deductions, credits, and exemptions, as well as any other tax-related items that may affect the return.
For instance, if the taxpayer is a sole proprietor, the preparer should ask about the business’s expenses, mileage, and any other details that are relevant to the business’s tax return. In addition, if the taxpayer has any complex transactions, such as stock trades or investment sales, the preparer should also ask for documentation and additional information to ensure that the return is completed correctly and accurately.The interview should be conducted in a professional and respectful manner, with the volunteer preparer taking the time to answer any questions or concerns the taxpayer may have. This will help ensure that the taxpayer feels comfortable and confident in the assistance they are receiving.
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Explain the rule for determining the optimal resource use for a single resource or input and determine the optimal amount of labor, given that each output sells at $2 and labor is $26 per unit.
Labor Output MP MRP MRC
0 0 *** *** ***
1 22
2 38
3 52
4 62
5 70
Answers
The rule for determining the optimal resource use for a single resource or input is to continue adding units of the input until the marginal revenue product (MRP) equals the marginal resource cost (MRC). The optimal level of input is the quantity at which MRP = MRC, where MRP is the additional revenue generated by the last unit of input and MRC is the additional cost incurred by the last unit of input.
In the given table, MP represents the marginal product of labor, MRP represents the marginal revenue product of labor, and MRC represents the marginal resource cost of labor.
To determine the optimal amount of labor, we need to calculate the MRP and MRC for each level of labor input:
When zero units of labor are used, there is no output, so MRP and MRC cannot be calculated.
When one unit of labor is used, the marginal product of labor (MP) is 22, meaning that the output increases by 22 units. The MRP of labor is the marginal product of labor multiplied by the price per unit, so MRP = 22 x $2 = $44. The MRC of labor is simply the cost of one unit of labor, which is $26. Therefore, MRP is greater than MRC, and we should use more labor.
When two units of labor are used, the MP is 16 (38-22), MRP = 16 x $2 = $32, and MRC is $26. Therefore, MRP is still greater than MRC, and we should use more labor.
When three units of labor are used, the MP is 14 (52-38), MRP = 14 x $2 = $28, and MRC is $26. Therefore, MRP is still greater than MRC, and we should use more labor.
When four units of labor are used, the MP is 10 (62-52), MRP = 10 x $2 = $20, and MRC is $26. Therefore, MRP is less than MRC, and we should use less labor.
When five units of labor are used, the MP is 8 (70-62), MRP = 8 x $2 = $16, and MRC is $26. Therefore, MRP is less than MRC, and we should use even less labor.
Therefore, the optimal amount of labor is the quantity at which MRP = MRC, which is three units of labor in this case.
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3. Describe four other factors that can influence demand, with an example of each.
Answers
Answer:
Cost of product
income of consumer
price of other commodities
population size
Answer:
Four other factors that can influence demand, with an example of each are:
Consumer expectations. If consumers expect the price of a good to go up in the future, they may be more likely to buy it now, even if the price is currently high. For example, if consumers expect the price of gasoline to go up in the summer, they may be more likely to buy gas now, even if the price is currently high.The number of consumers in the market. If the number of consumers in the market increases, the demand for goods and services will also increase. For example, if the population of a country grows, the demand for goods and services will also grow.The distribution of income. If income is distributed more evenly, there will be more consumers with the ability to purchase goods and services. For example, if the government implements a tax policy that redistributes income from the wealthy to the poor, the demand for goods and services will increase.Government policy. Government policy can affect demand in a number of ways. For example, if the government subsidizes the production of a good, the price of that goods will go down, which will increase demand. Conversely, if the government taxes the production of a good, the price of that goods will go up, which will decrease demand.need help What were Law’s plans?
Answers
Answer:
Law created a private national bank and issued paper money, based on the wealth of the French government, in the hopes to pull France out of debt.
-BBBM
Why have jobs in production decreased but not so much in marketing
Answers
Answer:Manufacturing jobs are waning. In many emerging market and developing economies, workers are shifting from agriculture to services, bypassing the manufacturing sector. In advanced economies, the rise in service sector employment typically reflects the outright disappearance of manufacturing jobs.
Explanation:The decline in manufacturing jobs is often met with anxiety. People are concerned that a smaller manufacturing sector implies slower economic growth and a scarcity of well-paying jobs for low- and middle-skilled workers—contributing to worsening inequality. In Chapter 3 of the April 2018 World Economic Outlook, we revisit the evidence supporting those beliefs and find that the declining share of manufacturing jobs need not hurt growth or raise inequality, provided the right policies are in place.
serena is preparing her budget for the upcoming year. this would be good time for her to a. run best-case and worst-case scenarios. b. enforce a cost-containment strategy. c. communicate with her suppliers and scrutinize her relationships with them. d. up her expectations for the upcoming year.
Answers
serena is preparing her budget for the upcoming year. this would be a good time for her to run best-case and worst-case scenarios. Option A is the correct answer.
Serena is preparing her budget for the upcoming year, and it would be a good time for her to run best-case and worst-case scenarios.
This involves analyzing different financial projections based on various scenarios and assumptions, such as changes in revenue, expenses, and market conditions.
By doing so, Serena can be better prepared for unexpected events and make informed decisions about how to allocate her resources.
This approach can also help her identify potential risks and opportunities, and adjust her budget accordingly to optimize her financial outcomes.
Therefore, option A is the correct option, run best-case and worst-case scenarios.
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Suppose that very significant increases in the money supply are anticipated to result in hyperinflation. As a result, people begin to consider the purchase of property and other commodities. What does this behavior exemplify
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If people begin to consider the purchase of property and other commodities because there is an expected hyperinflation, then this exemplifies:
The rational expectation theory that people behave rationally.According to the given question, we are asked to state what is exemplified when people begin to consider the purchase of property and other commodities because there is an expected hyperinflation.
As a result of this, we can see that if there is a significant increase in the money supply and this is expected to result on hyperinflation, then people begin to consider the purchase of property and other commodities, this behavior shows the rational expectation theory which states that people would make rational decisions
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The Federal Reserve has recently added new rules pertaining to Debit Cards. One of the new rules is that:
A. you need to be 21 to have a debit card.
B. overdraft protection is now mandatory for consumers.
C. overdraft protection is now the consumer's choice.
D. banks can no longer charge late fees on debit card accounts.
Answers
The Federal Reserve has recently added new rules pertaining to Debit Cards. One of the new rules is overdraft protection is now the consumer's choice.
Not all checking bills price a rate for overdraft safety transfers. But after they do, the price is normally considerably much less than paying an overdraft rate. It may also permit tests to clear, which in flip will let you keep away from lower back take a look at charges from merchants. It can offer get entry to finances in instances of emergency.
If a renter with overdraft safety writes an $800 take a look at on an account with a stability of $650, the overdraft safety from their related account kicks in as quickly because the take a look at is cashed—and the take a look at clears as opposed to bouncing because of inadequate finances.
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During the course of a year, the labor force consists of the same 1 comma 025 people. Of these, 18 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 24 different people become unemployed, and 24 other different people who were unemployed find jobs. There is no cyclical unemployment. a.)Calculate thr frictional unemployment rate _____% (rounded to two decimal places)b.) Calculate the unemployment rate ______% (rounded to two decimal places)
Answers
Answer: 2.34% ; 4.10%
Explanation:
Total number of Labor force = 1,025
Number of people lacking skills = 18
Also, monthly 24 people become unemployed while 24 also gets employed
Frictional unemployment rate:
Number actively searching for job / total labor force
(24 / 1025) ×100
0.0234 × 100 = 2.34%
Unemployment rate :
(Number of actively searching + number lacking required skills) / labor force
[(24 + 18) / 1025] × 100
(42/ 1025) × 100
0.04097 × 100
= 4.097%
=4.10%
Can someone please help me!
Answers
Answer:
The awnser is the Nature of Business
Answer:
nature of business that's
why are diffrerent people engaged in different professions
Answers
They're engaged in different professions because they have different interests they want to do and which particular field they want to study
Answer:
hope you like
Explanation:
because All the people are not interested in same work. different people have their different choice and own aim
QUESTIONS 4 66. - Neatness has great value Consider the following short run production function: Q=6L-0.4L (each a point) a. Find the value of L that maximizes output and maximum output b. Find the value of L that maximizes marginal product and maximum marginal product c. Find the value of L that maximizes average product and maximum average product Given a short run cost function as TC= 1/3Q¹-2Q²-6Q +100 a. Find the minimum value of AVC and MC (a point) A firm operates in a perfectly competitive market. The market price of its product is 4 birr and the total cost function is given by TC= 1/3Q - SQ+z0Q+50, where TC is the total cost and Q is the level of output. (each a point) a. What level of output should the firm produce to maximize its profit? b. Determine the level of profit at equilibrium. c. What minimum price is required by the firm to stay in the market Which Economic System is suit for Ethiopia? Discuss it? (4 point) Discuss the goals of macroeconomics and the measurement of economic performance of the country (6- the point) 6 6. What are problems and instruments of macroeconomics, Discuss it? (6-point)?
Answers
a. The value of L is 7.5 and the maximum output is 22.5.
b. The value of L is 7.5 and maximum marginal product is 0.
c. There is no value of L.
What is the value of L?a. To get value of L that maximizes output (Q), we need to differentiate the production function with respect to L:
\(Q = 6L - 0.4L^2\)
Taking derivative with respect to L:
dQ/dL = 6 - 0.8L
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The value of L that maximizes output is 7.5 and maximum output (Q) will be:
\(Q = 6(7.5) - 0.4(7.5)^2\)
Q = 45 - 0.4(56.25)
Q = 45 - 22.5
Q = 22.5
To get value of L that maximizes marginal product (MP), we have to differentiate function:
MP = dQ/dL = 6 - 0.8L
Setting MP = 0:
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The maximum marginal product is computed by substituting value into function:
MP = 6 - 0.8(7.5)
MP = 6 - 6
MP = 0
c. To find the value of L that maximizes average product (AP):
AP = Q / L = (6L - 0.4L^2) / L
Simplifying:
AP = 6 - 0.4L
Taking derivative:
dAP/dL = -0.4
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Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:
a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?
Answers
The following would happen
Aggregate income would increase for households. They would have a rise in output. taxes on households are decreasedWhen the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
taxes paid by firms are decreasedThe cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
the value of the national currency, the snezhankan lev, declines in the international currency market?If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
a revolutionary new machine, the apparat, increases worker productivityAn increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
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its goofub4bu4gb8f493h4gvfb89f4
Answers
Answer:
Cool so use english
Explanation:
Heyy
Can someone help me please
Answers
Ken Iwig is the president, founder, and majority owner of Olathe Medical Corporation, an emerging medical technology products company. Olathe is in dire need of additional capital to keep operating and to bring several promising products to final development, testing, and production. Ken, as owner of 51% of the outstanding stock, manages the company's operations. He places heavy emphasis on research and development and on long-term growth. The other principal stockholder is Barb Lowery who, as a nonemployee investor, owns 40% of the stock. Barb would like to deemphasize the R&D functions and emphasize the marketing function, to maximize short-run sales and profits from existing products. She believes this strategy would raise the market price of Olathe's stock.
All of Ken's personal capital and borrowing power is tied up in his 51% stock ownership. He knows that any offering of additional shares of stock will dilute his controlling interest because he won't be able to participate in such an issuance. But, Barb has money and would likely buy enough shares to gain control of Olathe. She then would dictate the company's future direction, even if it meant replacing Ken as president and CEO.
The company already has considerable debt. Raising additional debt will be costly, will adversely affect Olathe's credit rating, and will increase the company's reported losses due to the growth in interest expense. Barb and the other minority stockholders express opposition to the assumption of additional debt, fearing the company will be pushed to the brink of bankruptcy. Wanting to maintain his control and to preserve the direction of "his" company, Ken is doing everything to avoid a stock issuance. He is contemplating a large issuance of bonds, even if it means the bonds are issued with a high effective-interest rate.
Instructions:
(a) Who are the stakeholders in this situation?
(b) What are the ethical issues in this case?
(c) What would you do if you were Ken?
Answers
The stakeholders are Ken Iwig. The ethical issues include conflict of interest, the duty of care, transparency, and disclosure, and fair treatment of minority shareholders. Ken should prioritize the long-term interests of the company and stakeholders, evaluate options, and ensure fair treatment of minority shareholders. If consensus cannot be reached, selling his majority ownership stake may be considered.
(a) The stakeholders in this situation are Ken Iwig, the president, founder, and majority owner of Olathe Medical Corporation, who is in control of the company's operations and wants to maintain his control and preserve the direction of "his" company.
Barb Lowery, the other principal stockholder, wants to deemphasize the R&D functions and emphasize the marketing function, to maximize short-run sales and profits from existing products.
The minority stockholders are opposed to the assumption of additional debt and fear the company will be pushed to the brink of bankruptcy.
The company, Olathe Medical Corporation, is in dire need of additional capital to keep operating and to bring several promising products to final development, testing, and production.
(b) The ethical issues, in this case, are Conflict of interest: Ken's personal interests as the majority owner of Olathe Medical Corporation may conflict with the interests of other stakeholders, such as Barb and the minority stockholders.
Duty of care: Ken has a duty to act in the best interests of the company and its stakeholders, which may involve making difficult decisions, such as raising additional capital or pursuing a different direction for the company.
Transparency and disclosure: Ken should disclose the potential risks and benefits of different options to all stakeholders and allow them to make informed decisions.
Fair treatment of minority shareholders: Ken should ensure that the minority shareholders are treated fairly and not unduly prejudiced by any decisions he makes.
(c) If Ken were in this situation, he should consider the long-term interests of the company and its stakeholders, rather than his own personal interests as the majority owner.
He should evaluate the potential risks and benefits of different options, such as raising additional capital through a bond issuance or pursuing a different direction for the company.
He should also ensure that the minority shareholders are treated fairly and not unduly prejudiced by any decisions he makes. If he is unable to reach a consensus with the other stakeholders, he may need to consider selling his majority ownership stake in the company to a third party who can bring a different perspective and direction to the company.
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All else remaining equal, if the amount of demand deposits increases, this will increase the size of Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices only M1. neither M1 nor M2. only M2. M1 and M2.
Answers
When the amount of demand deposits increases, it will increase the size of both M1 and M2.
If the amount of demand deposits increases, all else remaining equal, this will increase the size of M1.
Demand deposits, such as checking accounts, are a key component of M1, which is a measure of the money supply that includes the most liquid forms of money. M1 includes currency in circulation, demand deposits, traveler's checks, and other checkable deposits. Since demand deposits are a part of M1, an increase in demand deposits directly contributes to an increase in the size of M1.
M2, on the other hand, includes M1 plus less liquid forms of money, such as savings accounts, money market accounts, and small denomination time deposits. While an increase in demand deposits affects M1, it does not directly influence M2. However, since M2 includes M1, any increase in M1 will subsequently cause an increase in M2 as well.
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A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called a: Multiple Choice Cash budget. Capital expenditures budget. Rolling budget. Sales budget. Production budget.
Answers
A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called Capital expenditures budget
Capital expenditures budget shows the cash amounts estimated to be used up for the purchase of additional plant assets or expected from the sale of plant asset. Most Capital expenditures are usually for huge projects or for long term assets.After a financial evaluation to estimate if a company's return on investment targets are met, The Capital expenditure budget can then be reviewed to see what project to be done.Learn more here:https://brainly.com/question/15683430
a way of organizing an economy in which private individuals and not the government set prices and own resources and land.
Answers
The term you are looking for is "market economy".
In a market economy, the means of production are owned and controlled by private individuals and businesses, rather than by the government or a central authority. Decisions about production, pricing, and distribution are made by market forces, which are determined by the interaction of buyers and sellers based on supply and demand. Prices are set by the market, rather than being controlled by a central authority or government. In this type of economy, individuals are free to engage in economic activities and pursue their own self-interest, with the belief that this will lead to overall economic growth and prosperity. Market economies are also known as free market economies or capitalist economies, and are characterized by a high degree of individual freedom, competition, and innovation.
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Question:What is the main causes of a change in quantity demanded?Demand:Competition and technology can revolutionize the way a product or service is delivered and can cause the price for a product to fall as it becomes profitable at lower prices to make the product. The change is supply can rise in the event of a natural disaster or a government trade war can make the prices rise to reflect a greater scarcity in supply than beforehand.
Answers
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what led to this shift in the quantity demanded.
What is the main cause of a change in quantity demanded?Demand: A product's price may drop when it becomes more profitable to produce the product at lower prices as a result of competition and technology, which may also alter the way a good or service is delivered.
In the event of a natural disaster or a government trade war, supply may increase, causing prices to increase to reflect a higher shortage in supply than before.
An entire demand curve might shift right or left due to changes in variables like average income and preferences. As a result, the quantity demanded at a given price can be larger or lower. The prevailing view presumption. Assuming no other parameters change, demand curves link the prices and quantities required.
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Which of the following is a service?
A restaurant meal
B taxi cab ride
C dry-cleaning fluid
D concert t-shirt
Answers
Answer:
B: Taxi cab ride
Explanation:
Because the rest you do youself and the taxi ride someone or you are doing it for someone else
two ways in which young entrepreneurs can benefit from the National Youth Development Agency
Answers
South Africa's National Youth Development Agency has launched the Ithubalentsha Micro Enterprise Programme, which will provide young aspirant and established entrepreneurs with training, mentorship, micro-enterprise finance, market linkages and access to business opportunities.
If someone asks you a question in the workplace, but you don't know what to answer, what is something you should not say
Answers
When you're stumped for an answer in workplace to a question, use this tried-and-true "fail-safe" solution.
What to say in an interview when you're unable to respond to a question?Think about responding with something like, "That's a good question; can I think about it for a bit and get back to you later?" or "Great query! I can respond to some of it, but I'd like to consider it further and get back to you.
What should you say when you don't have the answer to a question?Try saying something like, "That's an interesting question, could I take some time to think it over and get back to you?" or "I can give you a partial answer to that enormous question.
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Question:-
How do you respond when you don't know the answer at work?
What should be included in the schedule section of a scoping document? Select one or more: a. Payment Schedule b. Hours of work per week c. Taxes to be paid by vendor d. Key Milestones What are good e
Answers
Answer: Key Milestones
Explanation: The schedule section of a scoping document typically includes key milestones. These milestones outline important dates or events during the project that help track progress and ensure timely completion.
While it is not common to include payment schedule, hours of work per week, or taxes to be paid by the vendor in the schedule section of a scoping document, they may be included in other sections of the document such as the financial or contractual terms.
To summarize, the schedule section of a scoping document should primarily focus on key milestones.
Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
Answers
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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assume the mpc is 0.75. assuming only the multiplier effect matters, an increase in government purchases of $100 billion will shift the aggregate demand curve to the ___.
Answers
An increase in government purchases of $100 billion with an MPC (marginal propensity to consume) of 0.75 will shift the aggregate demand curve to the right.
The multiplier is calculated as 1 divided by the marginal propensity to save (MPS), which is equal to 1/(1 - MPC). In this case, the MPC is given as 0.75, so the multiplier would be 1/(1 - 0.75) = 4. The initial increase in government purchases will be magnified by the multiplier effect, leading to a larger increase in total spending.
Specifically, the aggregate demand curve will shift to the right by a multiple of the initial increase in government purchases, which in this case would be $100 billion multiplied by the multiplier of 4, resulting in a shift of $400 billion.
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what are the main duties and responsibilities of a Hotel manager
Answers
Answer:
Here are some:
recruiting, training and supervising staff.
managing budgets.
maintaining statistical and financial records.
planning maintenance work, events and room bookings.
handling customer complaints and queries.
promoting and marketing the business.
Hope it helps you pls mark me brain list.
Answer:
The main duties and responsibilities of the hotel manager are as below:
Explanation:
1) Recruiting, training, and supervising staff.
2) Managing budgets.
3) Maintaining statistical and financial records.
4) Planning maintenance work, events, and room bookings.
5)Handling customer complaints and queries.
6) Promoting and marketing the business.
Is the following an example of a Temporary or Permanent Account?Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000.
Answers
Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000. This is an example of permanent account.
The balances that accumulate over time are recorded in permanent accounts. Records of sales is an illustration of super durable records. Assets, liabilities, equity, accounts payable, inventory, and investments are additional examples of permanent accounts.
An account whose balance does not reset to zero at the end of the accounting period is called a permanent account, also known as a real account. Instead, the balance stays the same throughout each accounting period. Asset, equity, and liability accounts are the most common types of permanent accounts.
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is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answers
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.
Identify two prices indices?
Answers
Answer:
Some notable price indices include:
Consumer price index.
Producer price index.
Employment cost index.
Export price index.
Import price index.
GDP deflator.....
Answer:
consumer price indexproducer price indexExplanation:
consumer price index: it measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households.
producer price index: it is a price index that measures the average changes in prices received by domestic producers for their output.
The primary objective of a particular mutual fund is the payment of dividends, regardless of the market's current state. Capital growth is a secondary objective. Which of the following industry groups would be appropriate for the fund's portfolio? A) Aerospace. B) Computer technology. C) Consumer appliances. D) Public utilities.
Answers
Option d is Correct. Groups from the public utilities sector would be appropriate for the portfolio of the fund.
Regardless of the situation of the market at the time, a specific mutual fund's main goal is to provide dividends. Growth in the capital is a secondary goal. They are financial tools that amass funds from many people who have similar financial objectives.
The combined funds are then invested in a variety of financial products, including corporate and government bonds, listed company stocks, shares, and other money market instruments. Hybrid funds invest a significant amount of their capital in equity over the long run. The goal of the retirement fund is to provide long-term income and capital appreciation in order to help retirees accumulate wealth.
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