It is argued that the United States still views Native Americans or "Indian" Americans as second-class citizens within a second-class system due to historical factors, ongoing discrimination, and lack of representation.To become more conscious of the inequality faced by this indigenous group of American people, it is essential to educate ourselves about their history and struggles.
Historically, Native Americans were forcibly removed from their lands and subjected to assimilation policies, which contributed to their marginalized status. The government's past actions, such as the Indian Removal Act and the establishment of reservations, have had lasting effects on the community's economic and social well-being.
Discrimination against Native Americans is still present in various forms, including racial profiling, stereotyping, and underfunding of essential services. These issues perpetuate the idea of them being second-class citizens, limiting opportunities for growth and development.
Representation of Native Americans in government, media, and education is also lacking. This lack of representation can lead to an incomplete understanding of their history, culture, and contributions to American society. As a result, the general population may have a skewed perception of Native Americans.
Engaging in conversations, promoting awareness, and supporting initiatives that empower Native Americans can help address these disparities and foster a more inclusive society.
Learn more about Native Americans in the United States: https://brainly.com/question/24724492
#SPJ11
A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use
A. remainder
B. license
C. easement
D. reversion
What does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
Basically, a license does authorize the use or performance of a task, activity etc.
License are issued to a qualified person to perform certain task, work or activities which are deemed legal.
For instance, when a medical license is issued to a medical practitioner, it does not give exclusive right but its allows the him/her to perform medical duties legally for some period of time.
In conclusion, the Option B is correct because License does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
Read more about this here
brainly.com/question/14891042
How have economic systems and the development of ideologies, values, and institutions influenced each other over time?
a. Economic Structures
b. Social Structures
c. Political Structures
d. Cultural Systems
Economic systems and the development of ideologies, values, and institutions have influenced each other over time through a combination of all of the options listed: economic structures, social structures, political structures, and cultural systems.
Economic structures, such as capitalism and socialism, have influenced the development of ideologies and values related to wealth distribution and the role of the government in the economy. Social structures, such as class systems and gender roles, have influenced economic systems through labor and consumption patterns.
Political structures, such as democracies and dictatorships, have influenced economic systems through policies and regulations. Finally, cultural systems, such as religion and traditions, have influenced economic systems through beliefs about work and wealth.
Overall, economic systems and the development of ideologies, values, and institutions are interconnected and have influenced each other throughout history.
You can read more about capitalism at https://brainly.com/question/25879591
#SPJ11
A difference between workplace diversity and affirmative action is that: Question 26 options: unlike diversity programs, organizations that pursue affirmative action programs do so voluntarily. affirmative action guarantees diversity, whereas diversity does not guarantee affirmative action. organizations cannot achieve diversity without affirmative action, whereas affirmative action can take place without diversity. affirmative action is required by law for private employers with fifty or more employees, whereas diversity is not.
Answer:
affirmative action is required by law for private employers with fifty or more employees, whereas diversity is not.
Explanation:
Affirmative actions are steps taken to increases the representation of underrepresented groups in the workplace, school or government. The purpose of affirmative action is to reduce discrimination.
affirmative action came into prominence in the 1960s with the Civil Rights Acts of 1964
Diversity is a voluntary process. It is the measures taken to accept minority groups
An institution might take affirmative actions but may not be diverse.
An institution might be diverse without taking affirmative actions .
Affirmative action does not guarantee diversity. Affarmative action require
the idea of an economic tradeoff means that the idea of an economic tradeoff means that to achieve one end we must sacrifice the other. there is no such thing as a free lunch. there is an opportunity cost to most resource allocations. all of the above.
The idea of an economic tradeoff means that the all of the above are:
To achieve one end we must sacrifice the other.There is no such thing as a free lunch.There is an opportunity cost to most resource allocations. Thus, option (d) is correct. What is economic?The term economic refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector. The family (consumption) and company (product sales) are both parts of the economy.
To accomplish one aim, we must forfeit the other, according to the concept of economic trade. There is nothing as a free lunch, and most resource allocations come with an opportunity cost.
As a result, the significance of the economic are the aforementioned. Therefore, option (d) is correct.
Learn more about on economic, here:
https://brainly.com/question/14787713
#SPJ1
SKATEBOARDERS. WHAT ARE SOME DISADVANTAGES AND ADVANTAGES OF YOUR SKATEBOARD?
What would you change if you could. Just wondering
Answer:
uh how i fall off sometimes disadvandage and it going right for me advandage
Explanation:
samantha offers to sell her house to rebecca. rebecca declines the offer. samantha tells rebecca she better buy the house, or she'll tell rebecca's employer about the time rebecca stole some equipment from the employer. rebecca agrees to buy samantha's house. this contract might be voidable by rebecca on the ground of...?
This contract might be voidable by Rebecca on the ground of coercion as per the information provided.
Coercion is the coercion of a party to act involuntarily through threats, including threats of violence against the party. It involves a series of coercive measures that violate an individual's free will in order to elicit the desired response. These acts may/might include/contain extortion, extortion, and even torture and sexual assault.
Coercion can be used as a means of pressure to force victims to act against their interests. Extortion includes not only inflicting physical harm, but also psychological abuse (the latter aimed at increasing the credibility of the threat). The threat of further damage can also lead to tolerance for what is needed.
Although the concepts of coercion and persuasion are similar, several factors distinguish the two. These include intent, intent to harm, consequences of interactions, and options available to coerced parties.
To know more about coercion, here:
https://brainly.com/question/15079416
#SPJ4
Duo Corporation is evaluating a project with the following cash flows. The company uses a discount rate of 11% and a reinvestment rate of 8% on all of its projects. Year 0 −$53,000 Year 1 16,700 Year 2 21,900 Year 3 27,300 Year 4 20,400 Year 5 −$8,600 1) Calculate the MIRR of the project using the discounting approach method. 2) Calculate the MIRR of the project using the reinvestment approach method. 3) Calculate the MIRR of the project using the combination approach method.
USING EXCEL FUNCTIONS PLEASE!
The MIRR of the project is approximately 3.53% using the discounting approach method, 3.17% using the reinvestment approach method, and 3.54% using the combination approach method.
To calculate the Modified Internal Rate of Return (MIRR) of the project, we can use different approaches: the discounting approach method, the reinvestment approach method, and the combination approach method.
Discounting Approach Method:
In this method, we calculate the present value of the cash inflows and outflows using the discount rate of 11%. Then we find the IRR of the resulting cash flows.
Year 0: PV = -$53,000 / (1 + 0.11)^0 = -$53,000
Year 1: PV = $16,700 / (1 + 0.11)^1 = $14,991.07
Year 2: PV = $21,900 / (1 + 0.11)^2 = $17,952.79
Year 3: PV = $27,300 / (1 + 0.11)^3 = $19,647.11
Year 4: PV = $20,400 / (1 + 0.11)^4 = $13,552.09
Year 5: PV = -$8,600 / (1 + 0.11)^5 = -$5,216.12
Net Present Value (NPV) = Sum of PV of inflows - Sum of PV of outflows
= $14,991.07 + $17,952.79 + $19,647.11 + $13,552.09 - $53,000 - $5,216.12
= $8,926.94
Now we solve for the IRR of the cash flows, including the initial investment and the final cash flow (Year 5).
IRR = Discount rate + [(NPV of inflows / PV of outflows) * (1 + Discount rate)]^(1 / Number of years) - 1
= 11% + [($8,926.94 / $53,000) * (1 + 11%)]^(1 / 5) - 1
= 11% + (0.1682 * 1.11)^(0.2) - 1
= 11% + 1.045^(0.2) - 1
= 11% + 0.0353 - 1
= 11.0353% - 1
= 0.0353 (3.53%)
Therefore, the MIRR of the project using the discounting approach method is approximately 3.53%.
Reinvestment Approach Method:
In this method, we calculate the future value of the initial investment and the future value of the cash inflows using the reinvestment rate of 8%. Then we find the IRR of the resulting cash flows.
Future Value (FV) of the initial investment = -$53,000 * (1 + 0.08)^5 = -$73,049.84
FV of Year 1 inflow = $16,700 * (1 + 0.08)^4 = $22,469.32
FV of Year 2 inflow = $21,900 * (1 + 0.08)^3 = $26,729.92
FV of Year 3 inflow = $27,300 * (1 + 0.08)^2 = $31,033.76
FV of Year 4 inflow = $20,400 * (1 + 0.08)^1 = $22,032
FV of Year 5 inflow = -$8,600 * (1 + 0.08)^0 = -$8,600
Net Future Value (NFV) = Sum of FV of inflows + FV of initial investment
= $22,469.32 + $26,729.92 + $31,033.76 + $22,032 - $73,049.84 - $8,600
= $21,615.16
Now we solve for the IRR of the cash flows, including the initial investment and the final cash flow (Year 5).
IRR = Reinvestment rate + [(FV of inflows / FV of outflows)^(1 / Number of years) - 1]
= 8% + [($21,615.16 / $73,049.84)^(1 / 5) - 1]
= 8% + (0.2957^(0.2) - 1)
= 8% + 1.0601^(0.2) - 1
= 8% + 0.0317 - 1
= 8.0317% - 1
= 0.0317 (3.17%)
Therefore, the MIRR of the project using the reinvestment approach method is approximately 3.17%.
Combination Approach Method:
In this method, we calculate the present value of the cash inflows and outflows using the discount rate of 11% and then calculate the future value of these present values using the reinvestment rate of 8%. Finally, we find the IRR of the resulting cash flows.
PV of Year 0 outflow = -$53,000
PV of Year 1 inflow = $14,991.07
PV of Year 2 inflow = $17,952.79
PV of Year 3 inflow = $19,647.11
PV of Year 4 inflow = $13,552.09
PV of Year 5 inflow = -$5,216.12
FV of PV of inflows = $14,991.07 * (1 + 0.08)^5 + $17,952.79 * (1 + 0.08)^4 + $19,647.11 * (1 + 0.08)^3 + $13,552.09 * (1 + 0.08)^2 - $5,216.12 * (1 + 0.08)^1
= $23,547.26 + $23,852.17 + $23,968.59 + $18,350.77 - $5,646.73
= $84,072.06
Now we solve for the IRR of the cash flows, including the initial investment and the final cash flow (Year 5).
IRR = Discount rate + [(FV of PV of inflows / PV of outflows)^(1 / Number of years) - 1]
= 11% + [($84,072.06 / $53,000)^(1 / 5) - 1]
= 11% + (1.5862^(0.2) - 1)
= 11% + 1.0839^(0.2) - 1
= 11% + 0.0354 - 1
= 11.0354% - 1
= 0.0354 (3.54%)
Therefore, the MIRR of the project using the combination approach method is approximately 3.54%.
To learn more about MIRR
https://brainly.com/question/25296684
#SPJ11
The accommodating approach downplays the parties' differences. It is an appropriate style to use when the issue is more important to the other party or the other party is right.
According to the Thomas-Kilmann Conflict Mode Instrument (TKI), used by human resource (HR) professionals around the world, there are five major styles of conflict management—collaborating, competing, avoiding, accommodating, and compromising.
Collaboration (from Latin com- "with" + laborare "to labor", "to paintings") is the system of two or extra human beings, entities or corporations running together to finish a challenge or acquire a purpose.[1] Collaboration is similar to cooperation. most collaboration calls for management,[vague] although the form of leadership can be social inside a decentralized and egalitarian institution.[2] groups that paintings collaboratively frequently get right of entry to greater assets, popularity and rewards while dealing with competition for finite assets.
Learn more about collaborating here
https://brainly.com/question/24345164
#SPJ4
Which best diagrams the correct obstacle to the example?
economic trade this is your answer hope it's helpful to you
Economic Trade is the answer.
Which situation best illustrates the economic concept of opportunity cost
Answer: a business spends money on new computers, so it can’t afford de office furniture
Explanation:
A company can't afford office furniture because it's spending money on new computers. As computers are more important than the furniture for working.
What is opportunity cost ?opportunity cost is the choosing the best alternative use of that resources, as per the economist. It is also the profit suffered when one alternative is chosen over another.
Example of opportunity cost is the if a person has spent the time and money in purchasing the gadgets, then he is not able to purchase the books.
Thus, A company can't afford office furniture because it's spending money on new computers.
For more details about opportunity cost, click here:
https://brainly.com/question/13036997
#SPJ2
John always takes his car to the same place for an oil change. Not only do they do a great job changing the oil and checking the car’s fluids, but they also have free Wi-Fi in the waiting lounge. John can get some work done while he waits on his car. It is likely that John chooses to use this oil change company because of their _________ services. A. core B. tangible C. augmented D. operational
Answer:
It is Augmented
Explanation:
Because the service has stayed the same, but he comes due to the additional services of WiFi and the ability to work inside his car (he doesn't pay for them, they are supplementary services), it is an augmented service.
Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The number of blankets that must be sold to achieve the target profit
It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.
How to calculate the target profitFrom the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.
Therefore, the number of blankets that must be sold to achieve the target profit will be:
= (520000+320000)/21
= 40000
Learn more about profit on:
https://brainly.com/question/1078746
If GDP is currently $13 trillion and is growing at a rate of 2.3% per year How long will it take GDP to Reach $26 Trillion
If GDP is currently $13 trillion and is growing at a rate of 2.3% per year, how long will it take GDP to reach $26 trillion?
It will take approximately 30.29 years for GDP to reach $26 trillion if it is currently $13 trillion and growing at a rate of 2.3% per year.
To determine how long it will take for GDP to reach $26 trillion, we can use the compound interest formula to calculate the time required for exponential growth. In this case, GDP is growing at a rate of 2.3% per year.
The formula for compound interest growth is:
A = P(1 + r)^t
Where:
A = Final amount (target GDP of $26 trillion)
P = Initial amount (current GDP of $13 trillion)
r = Growth rate per period (2.3% or 0.023)
t = Number of periods (time in years)
Rearranging the formula to solve for time (t), we have:
t = log(A/P) / log(1 + r)
Substituting the values into the formula:
t = log(26 trillion / 13 trillion) / log(1 + 0.023)
Calculating the logarithms and dividing them:
t = log(2) / log(1.023)
Using a calculator:
t ≈ 30.29 years
It's important to note that this calculation assumes a constant annual growth rate, which may not be entirely accurate in the real world. Economic conditions, policy changes, and other factors can influence the growth rate of GDP. Additionally, this calculation does not take into account inflation or other adjustments that could affect the real value of GDP over time.
Learn more about GDP at: brainly.com/question/30111682
#SPJ11
It will take approximately 30.11 years for the GDP to reach $26 trillion, given a 2.3% annual growth rate.
To find how long it will take for the GDP to reach $26 trillion, we can use the formula for compound interest growth:
Final Amount = Initial Amount * (1 + Growth Rate) ^ Time
In this case, the final amount is $26 trillion, the initial amount is $13 trillion, and the growth rate is 2.3% per year, which can be represented as 0.023. We need to solve for Time (T).
First, divide the final amount by the initial amount:
($26 trillion / $13 trillion) = 2
Next, apply the formula:
2 = (1 + 0.023)ⁿ
To solve for T, we can take the natural logarithm (ln) of both sides:
ln(2) = T * ln(1 + 0.023)
Now, divide by ln(1 + 0.023) to isolate T:
T = ln(2) / ln(1 + 0.023)
Finally, calculate the value:
T ≈ 30.11 years
For more about growth rate:
https://brainly.com/question/12609944
#SPJ4
Early settlers of the New world relied heavily on barter because:
A: they found a barter more convenient than the use of money
B: strict laws limited the number of coins that could be brought into the colonies
C: money had not yet involved
D: they wanted to protest against British control of the banking system
The early settlers of the New World relied heavily on barter because: C: Money had not yet evolved.
During the early colonial period, the colonies in the New World did not have a well-established monetary system.
Currency, as we know it today, was not widely available or widely accepted. Instead, settlers relied on a barter system, where goods and services were exchanged directly for other goods and services without the use of money.
Bartering allowed them to trade and obtain the items they needed for survival and daily life. It was a practical solution given the limited availability and use of currency at that time. The other options (A, B, and D) are not accurate explanations for the reliance on barter during .
To know more about World refer here
https://brainly.com/question/15710213#
#SPJ11
What type of economy is the South African economy?
Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
Answer:
South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
No Explanations
A women sells a bead bracelet she made. She sold it to her sister.
Answer:
Is that the question????
Explanation:
If your asking a question a can you put the whole question.
Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."
What is the meaning of Money?Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.
Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.
Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.
Learn more about the Money here:
https://brainly.com/question/22984856
#SPJ2
Explain the point of view of why the gender pay gap in sports is reasonable.
Please also list any sources used.
Answer:
In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.
This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.
By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distribution activities except
distribution
unit pricing
production
By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distribution activities except production.
Wholesalers play a crucial role in the physical distribution of goods, particularly in the process of breaking down bulk quantities into smaller units for distribution to retailers or other customers. This includes activities such as purchasing goods from manufacturers or suppliers in large volumes, storing and managing inventory, transportation and logistics, and delivering products in smaller lots to meet the needs of retailers or end consumers. Unit pricing, which involves determining the price per unit of a product, is also an important aspect of the wholesaler's role in facilitating transactions between suppliers and retailers. However, production is not typically a physical distribution activity performed by wholesalers, as their primary focus is on the distribution and supply chain management aspects of the business.
learn more about "production";- https://brainly.com/question/16755022
#SPJ11
The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year.
The overhead that had been applied to production during the year is distributed among the ending balances in the accounts as follows:
For example, of the 40,000 ending balance in Work in Process, 19,500 was overhead that had been applied during the year.
(a) Identify reasons for entries (a) through (d).
Recall that all the inventory accounts and the Cost of Goods Sold expense account have normal credit balances, so they all increase on the debit side and decrease on the credit side.
A. Journal a is a debit entry of the manufacturing overhead control account. It represents the actual overhead costs incurred in the period.
B. Journal is a debit entry to work-in-process inventory and a credit to manufacturing overhead. It represents the overhead costs that were applied to the jobs in the current period.
C. Journal is a debit entry to Finished Goods inventory and a credit to work-in-process inventory. It represents the cost of jobs that were completed and transferred to the Finished Goods Inventory.
D. Journal is a debit entry to Cost of Goods Sold and a credit entry to Finished Goods inventory. It represents the cost of the units that were sold in the period.
Learn more about T-account here:-https://brainly.com/question/17463664
#SPJ4
Relationship service marketing differs from traditional service marketing in that in relationship service marketing:
need satisfaction is approached from the standpoint of the "part."
the primary sales contact is through a trained marketing professional.
profitability is assessed on individual services.
the emphasis is on selling the service a customer requests.
In relationship service marketing, the correct statement is: need satisfaction is approached from the standpoint of the "part."
Relationship service marketing focuses on building and maintaining long-term relationships with customers. It recognizes the importance of understanding individual customer needs and preferences. Rather than solely emphasizing selling the service a customer requests, relationship service marketing aims to identify and fulfill the broader needs of the customer, even those they may not explicitly express. It involves tailoring services to meet individual customer requirements and building trust and loyalty over time. The primary goal is to develop strong, mutually beneficial relationships with customers, considering their specific needs and preferences as the foundation for delivering exceptional service.
Learn more about Relationship service marketing here:
https://brainly.com/question/28893315
#SPJ11
Which best describes interest?
a. Interest is another word for the cash and rewards you get from using certain credit cards.
b. Interest is a method by which you can compare the cost of comparable purchases.
c. Interest is the cost associated with using credit and it ultimately makes any purchase made using credit more expensive than the same purchase made with
cash
d. Interest is the fee associated with using more credit than the limit on your credit card.
Answer:
c. Interest is the cost associated with using credit and it ultimately makes any purchase made using credit more expensive than the same purchase made with cash.
Explanation:
Interest is the cost of borrowing money. It is the added amount paid over and above the principal amount. Goods and services purchase on credit will end up costing more than when bought cash.
Interest also represents the risk of lending money. Lenders make money by charging interest on credit extended. It means borrowers pay more than the amount borrowed.
Interest is expressed as a percentage. The higher the percentage, the more expensive is the credit facility.
Organizational success relies considerably on effective purchasing and
A) supply management
B) employee benefits
C) geographical location of suppliers
D) the size of the organization
Organizational success relies considerably on effective purchasing and Supply management option (a)
Supply chain management (SCM) is a system in commerce that deals with procurement (purchasing raw materials/components), operations management (ensuring the production of high-quality products at high speed with good flexibility and low production cost), logistics, and marketing channels so that raw materials can be converted into a finished product and delivered to the end customer).
This can include raw material movement and storage, work-in-process inventory, finished goods, and end-to-end order fulfilment from point of origin to point of consumption. In a supply chain, interconnected, interrelated, or interlinked networks, channels, and node businesses collaborate to provide the products and services required by end customers.
Learn more about supply management
https://brainly.com/question/25032511
#SPJ4
What is the goal of materials handling? a. Minimize length of time product is held in storage b. Minimize time spent sorting delivered products c. Minimize the time spent coding and tagging products d. Minimize the number of times a product is handled e. Minimize the number of times a product is transported
Answer:
d. Minimize the number of times a product is handled
Explanation:
Material handling is the process by which products are passed from different stages of production and delivery before getting to the consumer.
Since material handling is an essential activity in production businesses plan to reduce cost on this activity.
The best way to reduce handling cost is to reduce the number of time a product needs to be handled.
That is reducing to the barest minimum the touch points in process like sorting, moving, preparing, and storing products
If steak is a normal good, what do you suppose would happen to price and quantity during an economic recession?
a. Price would decrease and quantity increase.
b. Price would increase and quantity decrease.
c. Price and quantity would both decrease.
d. Price and quantity would both increase.
Both the price and the quantity of steak during a recession if it were a typical product.
What effects does price have on supply and demand?It is generally accepted that supply tends to rise: Suppliers are willing to produce more as the price rises. Most people think that demand goes down: Customers make fewer purchases at higher prices.
What takes place when demand is low and supply is low?Prices will fall if demand remains constant while supply rises. Prices will fall if demand decreases and supply remains constant. Prices will rise if demand remains constant while supply decreases. Prices will rise if demand increases while supply remains constant.
To know more about recession visit :-
https://brainly.com/question/14737261
#SPJ1
What direction of change in velocity could explain the price level increasing by a smaller percentage than the money supply? What would this change in velocity imply about the frequency with which money changes hands?
1. A direction of change in velocity that explains an increase in price level by a smaller percentage than the money supply is: A decrease in velocity.
2. An effect of this change in velocity (decrease) with respect to the frequency with which money is exchanged (changes hands) is that: A decline or decrease in velocity simply means that money changes hands less frequently.
What is money?
Money can be defined as a recognized economic unit that is generally accepted by the people as a medium of exchange for goods and services, as well as repayment of debts such as loans and taxes across the world.
Hence, money is a financial asset that is typically used for the purchase of goods and services.
What is the velocity of money?
The velocity of money refers to a measure of the rate at which money is being used by consumers for the purchase of goods and services.
Basically, the velocity of money can be used to achieve the following:
Measure the economic and financial health of a country.Measure the rate at which money is being exchanged (changes hands).Measure the circulation of money in an economy.Mathematically, the velocity of money is calculated by using this formula:
\(V = \frac{PY}{M}\)
Where:
P is the price level.M is the quantity of money.Y is the level of production or quantity of output.Generally, an increase in price level by a smaller percentage than the quantity of money supplied represents a decrease in the velocity of money. Also, an effect of a decrease in velocity with respect to the frequency with which money is exchanged (changes hands) simply means that money changes hands less frequently.
In conclusion, the frequency with which money is exchanged (changes hands) should be equal to the quantity of money in an economy multiplied by the average number of times each unit of currency (money) is being spent by the people living in a country.
Read more on the velocity of money here: https://brainly.com/question/9019195
A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.
D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.
When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.
As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.
With an example, what is a trade deficit?A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.
To learn more about trade deficit here
https://brainly.com/question/25313034
#SPJ1
Full Question = A country has a trade surplus of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade deficit the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country decreases its imports by $10 billion.
O C. The country increases its imports by $10 billion.
O D. The country decreases its exports by $30 billion.
A stockholder sold her shares and made a profit of $1,403. If that is a profit of 27%, how much were the shares worth when she originally
purchased them? Round to the nearest cent .
The worth of the shares when the stockholder originally purchased them is $1105.
What are shares?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.
It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:
127 = $1,403
∴ 100 = $1,403/127 × 100
= $1104.72
Therefore, $1104.72 is the original purchase price of the share.
To learn more about share, click here:
https://brainly.com/question/28392295
#SPJ1
The fallacy of composition involves assuming that: a. you can determine the composition of a complex product just by examining its exterior properties. b. what was true when a person was young will still be true today. c. any mistakes made in producing a product using an assembly line technique will lead to a compounding of errors as the product moves down the line. d. what is true for any individual component in a group is true for the group as a whole. e. consumer durable goods today do not last as long as they did a generation ago.
Answer:
d. what is true for any individual component in a group is true for the group as a whole.
Explanation:
Fallacy can be defined as a mistaken or false belief that are based on illogical arguments or reasoning.
However, a lot of people might actually think it to be true but it isn't. There are various types of fallacy and these include; black or white, non sequitur, ad hominem, bandwagon, appeal to authority, straw man, fallacy of composition, and oversimplification or hasty generalization.
Fallacy of composition can be defined as the error of assuming that what is true of an audience is true for the group of people as a whole.
Hence, the fallacy of composition involves assuming that what is true for any individual component in a group is true for the group as a whole.
to test the effectiveness of controls, an auditor ordinarily selects from a variety of techniques, including inquiry and analytical procedures. comparison and confirmation. reperformance and observation. inspection and verification.
Auditors typically use a variety of techniques, including inquiry and analytical procedures, comparison and confirmation, reperformance and observation, and inspection and verification, to test the effectiveness of controls. Here option E is the correct answer.
Auditors use a variety of techniques to test the effectiveness of controls, depending on the nature of the control and the risks associated with the control. However, some of the commonly used techniques are inquiry and analytical procedures, comparison and confirmation, reperformance, observation, inspection, and verification.
Inquiry involves asking questions of management or staff responsible for control to understand how the control operates and how it is designed to prevent or detect errors or fraud. Analytical procedures involve analyzing data or trends to identify unusual or unexpected results that may indicate control weaknesses.
The comparison involves comparing data or transactions to supporting documentation, such as invoices or purchase orders, to verify accuracy and completeness. Confirmation involves obtaining independent verification of data or transactions, such as from a third party or bank statements.
Reperformance involves independently testing control to verify that it operates as intended. Observation involves directly observing the control in operation to assess its effectiveness. The inspection involves examining documentation or physical assets to verify their existence, completeness, or accuracy. Verification involves obtaining evidence to support the accuracy of data or transactions, such as through reconciliations or cross-checks.
To learn more about auditors
https://brainly.com/question/28457117
#SPJ4
Complete question:
Which of the following techniques are typically used by auditors to test the effectiveness of controls?
A) Inquiry and analytical procedures
B) Comparison and confirmation
C) Reperformance and observation
D) Inspection and verification
E) All of the above
The class trip is going to cost each of the fifty
students $130.00. If tax is 5%, what is the total
cost for the entire class?
Answer:
$6,825.00
Explanation:
50x$130=$6,500.00
$6,500 × 5% = $325.00
$325.+$6,500=6,825.00