What role do monetarists believe the government should play in the economy?
Keynesian economists believe that the government and the central bank are the main forces behind economic prosperity, while monetarists believe that government intervention in the economy should only occur on a very limited basis and usually causes more harm than good.
An economy that combines the public and private sectors is known as a mixed economy. But depending on the type of mixed economy, the precise mix of the two can differ greatly. The public sector is superior to the private sector because of its different natures. Only in cases where the government has not forbade it or taken on that role can private exchange occur.
Between free markets and authoritarian regimes are mixed economies. The free market is most frequently linked to undiluted capitalism. Socialism is most closely related to a command economy.
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why does robert reich claim raising the minimum wage will create jobs?
Robert Reich argued that raising the minimum wage would rob all workers and their families, eliminate a large amount of jobs, and put money in the pockets of the millions of workers who use it.
Wage increases create jobs. Donald Boudreaux picks up on his one of Robert Reich's recent debates on minimum wages. Reich writes:
A minimum rate of $15 per hour is expensive because most directly affected businesses face intense competition for consumers and are more likely to rob profits from increased profits than raise prices. is unlikely to be However, higher minimums also attract more workers into the labor market, giving employers more employment options and thus more reliable employees, resulting in , lower turnover and increased productivity.
Reich is correct that companies are competing fiercely for consumers. But what he misses is the fact that precisely because of this fierce competition, companies don't have the excess profits that Reich suspects to pay higher target wages.
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article 9 of the code of ethics about written agreements requires realtors® to
Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.
This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
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installing quality-control procedures that can be audited by independent quality-control experts is fundamental to
Installing quality-control procedures that can be audited by independent quality-control experts is fundamental to ISO 9000.
An effective way for businesses to document the components of their quality systems is by using ISO 9000, a set of international standards on quality management and quality assurance.
They can be used by organizations of any size and are not exclusive to any one sector of the economy.
A corporation can accomplish ongoing improvement with ISO 9000 while also ensuring that customers are satisfied and that regulations are met. It need to be regarded as the foundational stage or level of a quality system.
The International Organization for Standardization (ISO), a specialised international organization for standardization made up of the national standards organisations of more than 160 nations, originally released ISO 9000 in 1987.
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will be marked the brainlist plz help
- Which business structure should they adopt for their new business and explain and state the costs and benefits of your advice.
Jayden, Andrew, and Mateo have been close friends since they met freshman year in college. They all graduated last year- Jayden with a degree in Computer Science, Andrew with a degree in Graphic Design, and Mateo with a degree in Business Administration. All three are computer whizzes and have worked part-time through high school and college fixing computer problems. Each has
approximately $50,000 in savings for this business venture. They have been talking about starting a computer company (JAM Computer Solutions) in their local town to help businesses and individuals with computer problems or those who need
help developing and designing websites. In doing research, Jayden found that there are only two other computer companies in their town of 100,000 people,
and neither one will do both web design and computer hardware/software troubleshooting.
Jayden, Andrew, and Mateo should adopt a S corporation business structure.
What is a S corporation?A S corporation is a special type of corporation that avoids double taxation of regular C corporations. As S corps because profits and losses pass directly through the owners's personal income. This business structure implies the income of the owners are not subject to higher corporate tax rates.
Thus, by avoiding corporate tax rates, Jayden, Andrew, and Mateo will avoid double taxation and pay less in taxes, especially until the company develops fully.
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Businesses must consider four common objectives when deciding how the organization should be structured. Choose the consideration from the drop-down menu that is being described in each example below.
a. A manufacturer of medical supplies must ensure that its products meet strict FDA standards.
b. A distributor of snack foods configures its staff and warehouse operations to keep cost-per-delivery low as possible.
c. A manufacturer of automobiles uses teams of assembly line employees to solve production problems.
Businesses must consider four common objectives when deciding how the organization should be structured. a. A manufacturer of medical supplies must ensure that its products meet strict FDA standards.
Doing business is defined as generating income or raising capital through the production, acquisition, and sale of goods (such as goods and services). Also covered is "any activity or enterprise undertaken for profit." The owner of the business is responsible and liable for any promises made by the business since the business entity cannot be legally distinguished from the owner by the use of a business name. In the event that a company accrues debt, creditors may seize the owner's personal property. [6] Corporate tax rates are not allowed in a business setup. All business income is subject to personal taxation by the proprietor.The phrase is frequently used in everyday speech, but not by lawyers or government officials.
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Berkley Company had beginning inventory of $4,000 and purchases of $20,000. If half of its inventory is sold, Berkley's total goods available for sale for the period will
Berkley's total goods available for sale for the period will : be split between cost of goods sold and ending inventory.
What is cost of goods available for sale?Cost of goods available for sale is the total cost of inventory, available for customers to purchase, usually at the beginning of a business financial period.
The cost of goods available for sale is computed by adding the total value of current inventory to the cost of producing that inventory.
Hence, Berkley's total goods available for sale for the period will be split between cost of goods sold and ending inventory.
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Terophone charge is debit or credit
Answer:
credit
Explanation:
organizational awards and promotions are ways in which organizations publicly recognize and reward employees' contributions. these are .
Organizational awards and promotions are ways in which organizations publicly recognize and reward employees' contributions. These awards and promotions typically come in the form of monetary bonuses, certificates, and public recognition.
For example, an organization may give a bonus or a certificate to an employee who has achieved a goal or reached a milestone. This bonus or certificate is a way of publicly recognizing the employee's contributions to the organization.
Additionally, promotions are a way of publicly rewarding employees' efforts. Promotions are typically in the form of a title change and can result in increased pay or responsibilities.
Organizations use awards and promotions to publicly recognize the contributions of their employees and reward them for their hard work and dedication.
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.Price indexes such as the CPI are calculated using a base year. The term base year refers to _____.
a. the first year that price data are available
b. any year in which inflation is higher than 5%
c. the most recent year in which the business cycle hit the trough
d. an arbitrarily chosen reference year
The term "base year" refers to an arbitrarily chosen reference year (option d).
Price indexes such as the Consumer Price Index (CPI) use a base year to establish a baseline for comparing prices over time. By choosing a base year, economists can analyze changes in prices relative to that specific year, allowing them to determine the rate of inflation or deflation.
The base year is typically assigned a value of 100, and the price index values for other years are calculated as a percentage of the base year's prices. This makes it easier to compare price levels across different periods and understand the extent of price changes. It is important to note that the base year itself is not influenced by factors like high inflation or the business cycle.
In summary, (Option D) a base year is an arbitrarily chosen reference year used in calculating price indexes such as the CPI, enabling economists to assess price changes and inflation rates over time. By using a base year, it becomes simpler to analyze and compare price levels across various periods.
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if you had $1100000000000 what would with it and why
Answer: buy my school than demolish it
Explanation:
Answer:
i'll buy
Why:
Why? it's because i had $1100000000000
How long does it take to get a doctorate in education?
find the elasticity of demand (e) for the given demand function at the indicated values of p. is the demand elastic, inelastic, or neither at the indicated values?
In both cases, the value of E (elasticity of demand) is negative and elastic, -$14.4 and -0.599 respectively.
The given demand function is given by q = 406 - 0.2p².
We can find the elasticity of demand (E) at the specified values of p using the formula: E = (Δq/Δp) × (p/q).
By comparing the calculated elasticity with specific thresholds, we can determine if the demand is elastic, inelastic, or neither at the given values.
Δp is the change in price,
p is the original price, and
q is the original quantity demanded.
Using the given demand function, we can find the derivative of q with respect to p as follows:
q = 406 - 0.2p²dq/dp = -0.4p
Now we can substitute the given values of p into this equation to find the corresponding values of dq/dp:
When p = $25,
dq/dp = -0.4($25) = -$10
When p = $36,
dq/dp = -0.4($36) = -$14.4
Next, we can use these values to find the elasticity of demand:
E = (Δq/Δp) × (p/q) = (dq/dp) × (p/q)For p = $25:
E = (-10) × (25/((406 - 0.2(25)²))) ≈ -0.616
For p = $36:E = (-14.4) × (36/((406 - 0.2(36)²))) ≈ -0.599
In both cases, the value of E is negative.
This indicates that the demand is elastic at the indicated values of p.
Specifically, a 1% increase in price will cause a more than 1% decrease in quantity demanded.
This suggests that the product is relatively price-sensitive, and consumers are likely to reduce their purchases significantly in response to a price increase.
The question should be:
Find the elasticity of demand (E) for the given demand function at the specified price values. Determine if the demand is elastic, inelastic, or neither based on the calculated elasticity. The demand function is q = 406 - 0.2p^2, and we need to calculate the elasticity at prices of $25 and $36.
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Problem 1. Andy is a partner in the ABO partnership (Andy, Barney and Otis). Under the partnership agreement Andy is entitled to $10,000 each year for his services, which are ordinary in nature and performed in his capacity as a partner. Andy’s share of the partnership’s profits and losses, after deduction of the services payment, is one third. For 2020 the partnership's income, before deduction of the $10,000 payment to Andy, consisted of $4,000 of ordinary income and $15,000 of long-term capital gain. Andy and the partnership use the calendar year as their taxable years. Andy is a cash method taxpayer, and the partnership uses the accrual method. Determine partnership taxable income for 2020 and Andy's distributive share. (b) When is the $10,000 included in Andy's gross income if it is paid to him on January 3, 2021? (c) How does Andy's entitlement to the $10,000 and the payment of this sum affect the basis of his interest?
In 2020, the partnership's taxable income is calculated by deducting Andy's services payment from the total income, resulting in $19,000 ($4,000 ordinary income + $15,000 long-term capital gain). Andy's distributive share of the partnership's profits and losses, after deducting the services payment, is one third of this taxable income, which amounts to $6,333. For tax purposes, the $10,000 payment to Andy for his services will be included in his gross income in the year it is received, which in this case is 2021. Andy's entitlement to the $10,000 payment does not directly affect the basis of his interest in the partnership.
To determine the partnership's taxable income for 2020, we start with the total income before deducting Andy's services payment. The partnership earned $4,000 of ordinary income and $15,000 of long-term capital gain, totaling $19,000. However, Andy is entitled to receive $10,000 each year for his services, which is considered an ordinary payment. Therefore, we deduct this amount from the total income, resulting in a taxable income of $9,000 ($19,000 - $10,000).
Andy's distributive share of the partnership's profits and losses is determined based on his ownership interest, which is one third. So, his distributive share of the partnership's taxable income is one third of $9,000, amounting to $3,000.
Moving on to the timing of when the $10,000 payment is included in Andy's gross income, we consider that Andy is a cash method taxpayer. According to the cash method, income is recognized when it is received. Therefore, if Andy receives the $10,000 payment on January 3, 2021, it will be included in his gross income for the tax year 2021.
Lastly, Andy's entitlement to the $10,000 payment does not directly affect the basis of his interest in the partnership. The basis of Andy's interest is typically determined by the amount of his capital contributions and his share of partnership profits or losses. The $10,000 payment for services is separate from his partnership interest and does not impact the calculation of his basis.
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y
What are the two costs used to compare credit offers?
I
Question 2 (5 points)
What is the difference between simple and compound interest?
Answer:
#2Simple interest is interest paid only on the original investment whereas compound interest paid both on the original investment and on all interest that has been added to the original investment. Since compound interest is calculated based on a larger amount than simple interest, it results in a larger amount of money over time.
What is telecommuting?
Answer:
Telecommuting is the practice of working from home using the internet, by including email, and using the telephone.
Explanation:
Answer: Telecommuting is the practice of working from home using the internet, by including email, and using the telephone.
Explanation: Its right for 4515Vs2 - Business Leadership -2019
Damien, an HR manager at Guidelines Inc., is preparing for a 5 percent increase in the production labor force next year. To do this, he needs to determine what the current number of production employees is and how the number is likely to change by the end of the year. To help with this analysis, Damien should use a
The best analysis that Damien can used to determine the current number of production employees and how the number is likely to change is the transitional matrix.
What is the transitional matrix?A transitional matrix refers to an square matrix analysis tool that gives the probabilities of different states or condition going from one to another.
In conclusion, the transitional matrix will allows Damien to determine the current number of production employees and how the number is likely to change through probability analysis.
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What is an example of SECONDARY market research
Answer:
News articles and Reports
Explanation:
its how they draw their data
Answer: Market research that's already compiled and organized for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.
Explanation: Secondary research uses outside information assembled by government agencies, industry and trade associations, labor unions, media sources, chambers of commerce, and so on. It's usually published in pamphlets, newsletters, trade publications, magazines, and newspapers. Secondary sources include the following: public and commercial sources
Explain why socialist societies do not use a circular flow chart.
The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Which type of business produces processed goods by changing raw goods into a more finished form?
Answer:
Bakeries are known for turning raw goods into things like bread
Processors are the type of business that takes raw goods or materials and transforms them into more finished or refined products. Thus, Option (B) is correct.
The term "processors" is commonly used in industries such as food processing, textile manufacturing, and electronics, where raw materials undergo significant changes to become finished goods.
These businesses play a vital role in the production process by adding value to the raw materials through various manufacturing or processing methods.
Processors are involved in converting raw goods into a final product that is ready for consumption or use by customers. They bridge the gap between the raw material suppliers and the end consumers, contributing to the supply chain and manufacturing sectors.
Thus, Option (B) accurately states the type of business that produces processed goods by changing raw goods into a more finished form.
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Which type of business produces processed goods by changing raw goods into a more finished form?
a)Producers b)Processors c)Intermediaries d)Service firms
A car is driven 15Km East for 12minutes before the road changes. The car is then driven south for 18minute
Answer:
30Km
Explanation:
If a company spends $5 million annually on its goods and services, what percent of the total spend is $4,000,000?
If a company spends $5 million annually on its goods and services, $4,000,000 represents 80% of the total spend.
The question asks what percent of the total spend $4,000,000 represents if a company spends $5 million annually on its goods and services.
To find this percentage, we can use the formula:
( Amount / Total ) * 100
In this case, the amount is $4,000,000 and the total spend is $5 million.
Plugging these values into the formula, we get:
( 4,000,000 / 5,000,000 ) * 100 = 80
Therefore, $4,000,000 represents 80% of the total spend.
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which prevention level is associated with risk appraisal and risk reduction via screening?
The prevention level associated with risk appraisal and risk reduction via screening is secondary prevention. It focuses on identifying individuals at risk through risk appraisal and implementing interventions to reduce that risk and prevent the development of the disease or condition.
The prevention level that is associated with risk appraisal and risk reduction via screening is secondary prevention.
Secondary prevention aims to detect and treat a disease or condition at an early stage, before it becomes symptomatic or progresses further. It focuses on identifying individuals who are at a higher risk of developing a particular disease or condition, and intervening to reduce that risk.
Risk appraisal is an important component of secondary prevention. It involves assessing an individual's risk factors, such as age, gender, family history, lifestyle choices, and previous medical history, to determine their likelihood of developing a specific disease or condition. This can be done through various screening methods, such as questionnaires, blood tests, imaging tests, or genetic testing.
Once the risk factors are identified through risk appraisal, appropriate interventions can be implemented to reduce the risk and prevent the development of the disease. This is known as risk reduction. It can include lifestyle modifications, such as dietary changes, exercise, smoking cessation, or medication use.
Screening plays a crucial role in secondary prevention by allowing early detection and intervention. It involves the systematic examination of a population to identify individuals who are at risk or have early signs of a disease, even if they are not yet experiencing any symptoms.
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In terms of relationship building, which type of selling is often the most challenging?
A) transactional selling
B) generic selling
C) strategic alliance selling
D) consultative selling
E) missionary selling
Consultative selling is often the most challenging type of selling in terms of relationship building.
This is because consultative selling involves a deep understanding of the customer's needs and business challenges, which requires building a strong relationship of trust and credibility. The salesperson must act as a consultant, offering advice and solutions, rather than just trying to make a sale. This approach takes time and effort to build relationships with customers and requires a deep knowledge of the products and services being sold. Additionally, consultative selling often involves long sales cycles, making it challenging to maintain momentum and engagement with the customer.
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Barto Company provides this information for the month ended October 31, 2017: sales on credit $300,000, cash sales $150,000, sales discounts $5,000, and sales returns and allowances $19,000. Prepare the sales section of the income statement based on this information. Only this part: Explain where each of these items would appear on a multiple-step income statement: gain on disposal of plant assets, cost of goods sold, depreciation expense, and sales returns and allowances.
Answer:
The Multi-step income statement is attached, Please find it
Explanation:
The multi-step income statement is attached with this answer please find it.
Gain On Disposal will appear in the other income section of the multi-step income statement
Cost of goods sold will appear in the cost of goods sold section of the multi-step income statement
Depreciation expense will appear in the operating expense section of the multi-step income statement
Sales returns and allowances will appear in the sales / net sales section of the multi-step income statement
What is the drawback of carrying more inventory than is needed?
A. Customers can have a difficult time choosing between all the
product options
B. Purchasing large amounts of goods usually results in a lower price
per good.
C. Too many resources can be tied up in the inventory.
D. Suppliers do not like to receive extremely large orders for
inventory
Answer:
C. Too many resources can be tied up in the inventory.
Explanation:
Hope this helps!
Too many resources can be tied up in the inventory is the drawback of carrying more inventory than is needed. The correct option is C.
What are the uses of inventory?The state of the goods is also examined during an inventory count. Inventory counts are useful for determining assets and liabilities in accounting. Inventory managers frequently utilize this data to estimate future stock requirements and oversee budgets. Inventory counts let you identify which stocks are selling well.
Poor quality products and degradation may result from an excess of inventory. It's likely that you have low inventory turnover, which implies you're not regularly turning all of your products if you have high volumes of excess stock. Unfortunately, unsold inventory that is stored in warehouses may start to deteriorate and expire.
Thus, the correct option is C.
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Which of the following will be accomplished by efficient allocations of the factors of production?ensuring economic profitabilityunderstanding whether a product will failfulfilling many needs and wants of societyreplenishment of limited resources
When effective allocations are made toward the factors of production, many demands and wants of society will be satisfied.
Which of the following is relevant to the efficiency with which economic resources are distributed?
Economic efficiency refers to a situation in which all resources are properly managed to best serve each person or institution while reducing waste and inefficiency.
In a free market economy, such as supply and demand, affects commodity pricing in a free market economy, resulting in open competition in the marketplace. It makes it possible to use resources in the most effective way possible.
Therefore, In a free market system, resource waste is typically prevented.
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With the help of appropriate examples, demonstrate the
multi-disciplinary nature of organizational behavior.
Organizational behavior is a multidisciplinary field that draws on knowledge and theories from several disciplines, including psychology, sociology, anthropology, economics, and political science. This interdisciplinary nature of organizational behavior assists in understanding the complexities of human behavior and performance in organizations.
Psychology contributes to organizational behavior by providing an understanding of human behavior. It provides insights into the motives, attitudes, and personality traits of individuals, and how they relate to job performance. For example, psychologists study topics such as job satisfaction, motivation, and leadership to understand how to improve employee performance.
Sociology contributes to organizational behavior by analyzing the structures, processes, and relationships within organizations. Sociologists study the impact of culture, values, norms, and social networks on organizations. They investigate the dynamics of social interactions, such as power and status, and how they affect behavior in organizations.
Anthropology provides insights into organizational behavior by exploring cultural differences, diversity, and socialization in organizations. Anthropologists examine how different cultural norms and values affect behavior and performance in organizations. For example, they investigate how cross-cultural differences can affect communication, motivation, and leadership styles.
Economics contributes to organizational behavior by studying the economic aspects of organizations, such as efficiency, productivity, and profitability. Economists analyze how incentives, rewards, and performance-based pay affect employee motivation and job performance.
Political science contributes to organizational behavior by studying the power dynamics within organizations. Political scientists investigate how power and authority are distributed and exercised in organizations and how they affect decision-making and performance. For example, they study the impact of bureaucracy and formal structures on organizational performance.
In conclusion, organizational behavior is a multi-disciplinary field that draws on knowledge and theories from several disciplines to understand human behavior and performance in organizations. Psychologists, sociologists, anthropologists, economists, and political scientists all contribute to the field with their unique perspectives and insights.
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true or false? interpersonal dimensions of the complaint between the service provider and the customer is referred to as interactional fairness .
The given statement "Interpersonal dimensions of the complaint between the service provider and the customer is referred to as interactional fairness" is TRUE as it is the mutual communication between people.
The interpersonal dimension relates to how people communicate with each other, regardless of the nature of the connection. It can be short or long-term and always involves emotional and social aspects. An example of this would be the interaction between a buyer and a seller during a complaint.
Interactional justice, also known as interactional fairness, emphasizes the relationship between parties over the distribution of resources. It pertains to the quality of communication, which may involve respectful verbal or nonverbal behaviors, between individuals or groups.
Therefore, the term "interactional fairness" refers to the interpersonal aspects of a complaint involving communication between a service provider and a customer.
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