The most likely pitfall in economic thinking that relates to the following statement "The rising wages will cause the value of the players to rise also" is the "post hoc fallacy".
The post hoc fallacy is a pitfall in economic thinking that can be related to the statement "The rising wages will cause the value of the players to rise also". The post hoc fallacy is when we conclude that because one event followed another, the first event caused the second event. In this case, because the wages of players are increasing, we might assume that the value of the players must also be increasing.
However, this is not necessarily true. There are other factors that determine the value of a player such as their performance on the field, their injury history, and their age. It is possible that even if wages are increasing, the value of the players could be decreasing due to poor performance or increased risk of injury.
Moreover, the relationship between wages and value is not always straightforward. It is possible that increasing wages could lead to decreased value if teams cannot afford to pay as much for players, or if the increased wages lead to a decrease in overall team performance. Therefore, it is important to consider multiple factors when analyzing the relationship between wages and player value.
The most likely pitfall in economic thinking that relates to the statement "The rising wages will cause the value of the players to rise also" is the post hoc fallacy. We cannot assume that an increase in wages will always lead to an increase in player value, as there are other factors that come into play such as performance, injury history, and team performance. It is important to consider multiple factors when analyzing the relationship between wages and player value and to avoid making causal conclusions based solely on the timing of events.
To know more about economic visit
brainly.com/question/32861646
#SPJ11
In 2010, the population of the United States was approximately 310 milion with a 0.97% annual growth rate. At this rate, the population P(f) (in milicas) can be approximated by P(t)=310(1.0097)f, where t is the time in years since 2010 . Part 1 of 5 (a) Is the graph of P an lincreasing or decreasing exponential function? The groph of P is exponential function. Part: 1/5 Part 2 of 5 (b) Evaluate P(0) and interpret its meaning in the context of this problem. P(0)=
To evaluate P(0), we substitute f = 0 into the population function P(f) = 310(1.0097)^f:
P(0) = 310(1.0097)^0
Since any number raised to the power of 0 is equal to 1, we have:
P(0) = 310(1)
P(0) = 310
Therefore, P(0) is equal to 310 million.
Interpretation: P(0) represents the estimated population of the United States in the year 2010, which is the starting point of our time frame. Based on the given information, the population of the United States in 2010 was approximately 310 million.
Learn more about estimate here:
https://brainly.com/question/24229301
#SPJ11
The reporting requirements in SARA Title III require many businesses to file annual reports listing the estimated quantities of both routine and accidental releases of listed toxic chemicals. Group of answer choices True False
False The reporting requirements in SARA Title III require many businesses to file annual reports listing the estimated quantities of both routine and accidental releases of listed toxic chemicals
What is SARA Title III ?Title III of the Superfund Amendments and Reauthorization Act (SARA), also known as the Emergency Planning and Community Right-to-Know Act (EPCRA), requires states and local governments to establish local chemical emergency preparedness programs for their communities.
Title III of SARA is the Emergency Planning and Community Right-to-Know Act (SARA Title III) (EPCRA). SARA Title III mandates emergency planning and Community Right-to-Know reporting on hazardous and toxic chemicals for federal, state, and local governments, Indian tribes, and industry.
On October 17, 1986, the Superfund Amendments and Reauthorization Act (SARA) amended the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA).
To know more about SARA Title III follow the link:
https://brainly.com/question/25689052
#SPJ4
having more than one bank account is never a good idea since it can complicate money management. true or false ?
False. It's never a good idea to have many bank accounts since it makes managing your finances more difficult.
Money management, often known as investment management, is the act of keeping track of expenditures, investing, budgeting, banking, and determining tax obligations. Budgeting, spending, saving, and investing are all parts of personal finance money management.
Budgeting, investing, saving, and creating financial objectives are all examples of financial management. Four bank accounts are recommended by some experts: two for checking and two for savings. One bank account will be used for bill payments, and the other for spending money. Your emergency money will go in one savings account, and other savings will go toward other purposes.
Learn more about money management Visit: brainly.com/question/14395683
#SPJ4
A person's cognitive biases are MOST likely to affect what?
Question 1 options:
how their brains filter information
whether they use email or instant messaging
how much money they make
what kind of jargon they use
Question 2 (1 point)
Which of these is a secondary emotion?
Question 2 options:
fear
jealousy
anger
sadness
Question 3 (1 point)
Every afternoon at one o'clock, the air conditioner in Emilio's office turns on to lower the temperature by five degrees. Emilio finds it way too cold and it distracts him from his work. In this case, which element is affecting his perception and emotions?
Question 3 options:
culture
personality
physical environment
social media
Question 4 (1 point)
Hotaru is from Japan, where it is very common for multiple generations to live together. She is not judgmental of a 25-year-old man who lives with his parents because of her what?
Question 4 options:
physical environment
personality
culture
age
Question 5 (1 point)
Danielle tends to roll her eyes when listening to her little sister tell a story. What step should she take to increase her emotional awareness to address this issue?
Question 5 options:
consider her own feelings
monitor her facial expressions
operate on trust
be more empathetic
In Psychology, framing effect can be defined as a cognitive bias wherein a person's choice from a group of options is primarily influenced by the positive or negative connotations pertaining to the options that are available.
What is cultural diversity?Cultural diversity can be defined as an existence of cultural variety and cultural differences due to the presence of several ethnic groups that are living within a society.
In this context, we can logically deduce that some examples of distinctive cultural characteristics that differentiate groups are:
ReligionNational originAgeLanguageRead more on cultural diversity here: brainly.com/question/25671025
#SPJ1
Which indicates that a product meets the definition of done?
When a product meets the definition of done, it means that it has fulfilled all the necessary criteria and requirements for completion.
What is the indication that a product meets the definition of done?This typically includes meeting the specified functionality, quality, and performance standards set for the product.
It also involves satisfying any relevant acceptance criteria and passing all required tests and evaluations.
Additionally, the product should have undergone necessary documentation, such as user manuals and release notes, and be ready for deployment or delivery to the end-users.
Meeting the definition of done signifies that the product is in a state where it is considered fully developed, tested, and ready for use, ensuring that it meets the intended objectives and delivers value to the stakeholders.
Learn more about necessary criteria
brainly.com/question/32271349
#SPJ11
in chapter 4, what is an example of erm within statoil that displays the conflict of the overall company risk management decisions as opposed to individual business segment risk management decisions? question 8 options: a) the balance sheet analysis per segment as opposed to a consolidated balance sheet b) the income statement analysis per segment as opposed to a consolidated balance sheet c) the use of the risk map for individual risk questions d) the strategic risk specifications chart e) the company key performance indicators (kpi) and balanced scorecards are both measured on a segment and consolidated company basis
The example of erm within Statoil that displays the conflict of the overall company risk management decisions as opposed to individual business segment risk management decisions is e) the company key performance indicators (KPI) and balanced scorecards are both measured on a segment and consolidated company basis.
This conflict arises because the KPIs and balanced scorecards may show strong performance for a particular segment, while the overall company risk management strategy may require a different approach to mitigate risks across all segments. This highlights the need for effective communication and collaboration between individual business segments and the overall risk management team at Statoil.
In Chapter 4, an example of Enterprise Risk Management (ERM) within Statoil that displays the conflict of the overall company risk management decisions as opposed to individual business segment risk management decisions is option
This conflict arises because KPIs and balanced scorecards are used to evaluate performance and risk at both the segment and overall company levels. Individual business segments might have different risk tolerances and objectives compared to the overall company, leading to potential conflicts in risk management decisions.
Therefore, the correct answer is option e. the company key performance indicators (kpi) and balanced scorecards are both measured on a segment and consolidated company basis.
Learn more about Enterprise Risk Management here: https://brainly.com/question/28535221
#SPJ11
You might choose to use preferred layouts for dynamic display ads if your client:
wants to choose the features but not the layouts
doesn’t care if AdWords chooses the layouts and features
wants to choose the layouts but not the features
wants to choose the layouts and features
If your client wants to choose the layouts and features for dynamic display ads, you might choose to use preferred layouts.
Explanation: Dynamic display ads are advertisements that are automatically generated and customized based on the user's preferences, behavior, or contextual information. When using preferred layouts for dynamic display ads, the client has the ability to choose the specific layouts and features they want to be incorporated into their ads. This allows the client to have more control and influence over the appearance and functionality of their ads. By selecting preferred layouts, the client can ensure that the ads align with their branding, messaging, and overall marketing strategy. It provides them with the flexibility to tailor the ads to their specific needs and preferences, resulting in a more customized and targeted advertising approach.
To learn more about dynamic display ads click here,
brainly.com/question/24817186
#SPJ11
In business writing, the main idea of a written work should be located
a. At the end of the first paragraph
b. In the body of the document
At the beginning of the first paragraph
d. In the salutation of the document
C.
Please select the best answer from the choices provided
Ο Α
B
С
OD
Answer:
c
Explanation:
cccccccccccccccccccccccccc
Answer:
well i blive its c
Explanation:
Providing incentives for customers to learn more about your service is known as
A. branding
(B. advertising Not the answer)
C. permission marketing.
D. search engine optimization.
go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.
Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.
To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:
Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.
Learn more here:
https://brainly.com/question/1897620
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
a(n) __________ brings buyers and sellers together and assists in negotiating a sale, but does not take title to goods. multiple choice retailer channel of distribution supply chain agent or broker
An agent or broker brings buyers and sellers together and helps them negotiate a sale but does not take title to goods.
However, unlike a retailer or distributor, an agent or broker does not take title to goods or take ownership of them. Instead, they act as an intermediary between buyers and sellers, facilitating the transaction without assuming any ownership or financial risk. This is a common practice in many industries, including real estate, insurance, and commodities trading.
Agents and brokers play a vital role in facilitating transactions across various industries. In addition to helping buyers and sellers negotiate sales, they may also provide additional services such as market research, advertising, and logistics support.
For example, in the real estate industry, a real estate agent can help homebuyers find suitable properties, schedule viewings, and negotiate with sellers on their behalf. In the insurance industry, insurance brokers can provide advice and recommendations on various policies to help clients choose the best one for their needs. In the commodities trading industry, brokers can help buyers and sellers find each other and negotiate the terms of the transaction, including price, quantity, and delivery arrangements.
learn more about agent and brokers here:
https://brainly.com/question/26017106
#SPJ11
.3. One day you happen to hear a snippet of conversation between two graduate students, who are drinking coffee and contemplating an open box of exquisitely delicious chocolate truffles in the Page Break Café. The first student opines that one can definitely outline a set of objective design principles that should underpin the construction of any professional chart or map. The second student disagrees vehemently and argues that the one and only important thing to worry about is aesthetics. The first student is speechless. What do you think? Use your knowledge of data visualization to inform your answer, and be sure to explain your answer carefully.
The debate between the two graduate students revolves around the importance of objective design principles versus aesthetics in the construction of professional charts or maps.
Objective design principles in data visualization serve as guidelines to ensure clarity, accuracy, and effective communication of information. These principles include considerations such as appropriate use of colors, legibility of text, proper labeling, and accurate representation of data. By adhering to these principles, charts and maps can convey the intended message clearly, facilitating data comprehension and analysis.
However, aesthetics cannot be disregarded. Visual appeal and aesthetics contribute to the overall user experience and can enhance engagement with the data. An aesthetically pleasing chart or map can captivate the viewer's attention, stimulate interest, and encourage exploration of the data. Attention to aesthetics involves aspects such as visual balance, appropriate use of visuals and typography, and overall design coherence.
Both objective design principles and aesthetics are important in data visualization because they serve different purposes. Objective design principles ensure accuracy and effective communication, while aesthetics enhance engagement and user experience. Striking a balance between these two aspects is crucial to create visually appealing and informative visualizations that effectively convey the intended message while engaging the audience.
Learn more about aesthetics from here:
https://brainly.com/question/1335816
#SPJ11
Peeta owns a bakery. She has already gathered and examined the checks, credit card receipts, sales slips, and other related evidence concerning specific transactions. She has also recorded each financial transaction in a journal and transferred that information into a ledger. What must Peeta do at the end of the accounting period
At the end of the accounting period, Peeta B) must prepare a trial balance.
After recording the transactions in a journal and transferring them to a ledger, the various balances must then be put into a trial balance to see if the debits of the business are equal to the credits as this would signify that the books of the company are balanced.
This first Trial balance is called the Unadjusted Trial balance which will then have to be tested to ensure that there are no errors in the financial statement and if there are, the journals and the balances will then be adjusted accordingly.
The Trial balance is therefore hugely important to be compiled at the end of the accounting period as it ensures balance in the books.
More information on trial balances can be found at https://brainly.com/question/12177856 and https://brainly.com/question/14643293.
The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration
Answer:
B. Management.
Explanation:
Management can be defined as the process of controlling and making decisions about a business.
The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.
Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.
Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.
___ establishes the salary of the chief executive officer of a company
A) Internal managers
B) Employees
C) The board of directors
D) The CEO
Answer:
C.The board of directions I think
What is the most common method of comparing economic development of a country what are its drawbacks?
GDP is the most common method of comparing economic development of a country what are its drawbacks .
Employment in full GDP is the imaginary level of an economy's GDP at which full employment would be declared or where there would be no unemployment. When all available labor resources are being used as efficiently as possible, full employment as a state of affairs exists.
Full employment is when there are as many skilled and unskilled workers as is practical in a particular economy. Or as the economy grows more productive, more workers will be needed to generate the goods and services. There will, however, come a time when all available resources have been used and no more output is possible.
To know more about GDP visit :
https://brainly.com/question/15682765
#SPJ4
what is marketing management?why is it important?
Its help to stand competent in highly thriving competition in the market.
Answer:
Marketing management is especially important for smaller businesses because it gives them a level footing to complete with larger players in the field.Thorough customer research,creative campaigns and marketing strategies and positive branding can go a long way in providing a brand with an edge over its competition.
Explanation:
hope it helps you
Imagine that you are a job applicant. Although you have a good idea of what the job entails from the job description, which of the following should you do to gauge whether you will experience challenges with the role in the future
To gauge whether you will experience challenges with the role in the future, review the job description, research the company and its culture, connect with current or former employees, and ask specific questions to the hiring manager or HR representative
Next, research the company and its culture. Look for information on their values, work environment, and employee experiences. This can help you determine if the company aligns with your own values and if you would feel comfortable working there.
Furthermore, try to connect with current or former employees of the company through professional networks or social media platforms. Ask them about their experiences in the role or any challenges they faced. Their insights can provide valuable information about the potential challenges you may encounter.
Additionally, consider reaching out to the hiring manager or HR representative to ask specific questions about the role. Inquire about the biggest challenges the previous job holder faced and how they overcame them. This can give you a better understanding of what to expect and how you can prepare for potential challenges.
Know more about job description here:
https://brainly.com/question/8416967
#SPJ11
the cost to retail percentage is found by dividing goods available for sale at blank by goods available for sale at blank . multiple choice question. cost; market value current selling price; cost retail; cost cost; current selling price
The cost-to-retail percentage is found by dividing goods available for sale at cost by goods available for sale at retail. The correct answer is retail; cost.
The Cost-to-Retail Percentage (CRP) is a simple method for calculating the price at which to sell goods in a retail store. The CRP determines the selling price of an item based on the cost of the item plus a mark-up (margin). It is also used to determine the level of markdowns required to reach a desired gross margin on inventory. In addition, CRP is used to calculate the shrinkage percentage (the percentage of inventory lost due to theft, damage, or error).Formula for cost-to-retail percentage: The cost-to-retail percentage is calculated by dividing cost by retail, then multiplying by 100%. (Cost ÷ Retail) × 100%
For instance, if the cost of an item is $50 and the retail price is $100, the CRP would be:
($50 ÷ $100) × 100% = 50%
Thus, the item should be sold for $100 and a 50% profit should be generated. The Goods Available for Sale is the total amount of inventory available for purchase by customers. Goods Available for Sale is calculated by adding the beginning inventory (the inventory remaining from the previous accounting period) to the net purchases (the cost of inventory purchased during the accounting period).Goods Available for Sale = Beginning Inventory + Net Purchases. The correct answer is retail; cost.
For more about retail:
https://brainly.com/question/29219009
#SPJ11
fatima wants to purchase a house and has been viewing residential properties for the past two months. she has been searching for information on the internet and consulting friends and family in order to arrive at a satisfactory decision. which of the following decision-making approaches is fatimah employing?
The extended decision-making approach is Fatimah employing.
When customers interact in habitual decision-making, they generally tend to search diligently for records to be able to assist them reach a nice choice. d. routine decision-making takes place when there is no brand loyalty or logo inertia among purchasers.
Inside the context of consumer behavior, inner seek consists of the retrieval of information approximately products, services, and reports that are saved in memory. In deciding on the exceptional information supply, customers do now not keep in mind the speed with which the facts can be received.
Extensive decision-making refers to a long process of deliberation, usually for expensive purchases or purchases that require research, where many consumers use the consumer buying process model of decision-making.
Learn more about decision-making approach here: https://brainly.com/question/25824036
#SPJ4
What is the reaction to John's calling the Director his father?
The reaction to John's calling the Director his father is likely to depend on the specific circumstances and the perspectives of those involved. It's important to be mindful of the context and the potential implications of such language, and to use language that is appropriate and respectful in professional settings.
The reaction to John's calling the Director his father can vary depending on the context and the relationship between John and the Director. If John has a close and affectionate relationship with the Director, then his calling the Director his father might be seen as a sign of respect and love. It may even be a term of endearment that is common within their family or cultural background.
However, if John and the Director have a more formal and distant relationship, then John's reference to the Director as his father might be seen as inappropriate or unprofessional. It could be interpreted as an attempt to gain favor or curry favor with the Director, and might reflect poorly on John's judgment or his ability to maintain appropriate boundaries.
In some cases, the reaction to John's calling the Director his father might depend on the cultural or social context. In some cultures or communities, it might be seen as a sign of honor or respect to refer to someone in a paternal or familial way, even if there is no biological or legal relationship.
For more such questions on Director
https://brainly.com/question/28921047
#SPJ11
Which of the following questions is an example of macroeconomics?
A. How much should our employees be paid to maximize profit?
B. If we adjust the price of our product will it sell better?
C. If federal taxes are decreased will consumer spending increase?
D. How can we optimize our company's supply chain?
Answer:
C. If federal taxes are decreased will consumer spending increase?
Explanation:
One keen question that falls under the domain of macroeconomics is the behavior of consumer spending when taxes are decreased.
Macroeconomics presents approaches the study of the economy in a holistic way. Every aspect of the economy is considered before strategic economic decisions are taken. Interest rates, inflation, unemployment rate, foreign trade etc. are all categorized under macroeconomics.limited liability company ownership is nontransferable. llc members, which is what its owners are called, need the approval of the other members (owners) before they can sell any part of their ownership to another person. in contrast, both conventional (c) corporation and s corporation stockholders can sell any part of their ownership to another person without first getting the approval of the other owners. t or f
The given statement, "limited liability company ownership is nontransferable. LLC members, which is what its owners are called, ---- True
Restricted risk organizations are mixture substances that join the qualities of a company with those of an organization or sole ownership.
Need the approval of the other members (owners) before they can sell any part of their ownership to another person.
In contrast, both conventional (C) corporation and S corporation stockholders can sell any part of their ownership to another person without first getting the approval of the other owners" is true.
Therefore, the correct option is True about limited liability company .
Learn more about limited liability company :
brainly.com/question/14466609
#SPJ11
How Will You Attain Your Career Goal?
Attaining your career objective is a series of steps that put you in the position where you are seen as the top candidate. Describe what steps you can take over the course of the next year to better position yourself to be the top candidate for your desired position. Be sure to state what position you are seeking to obtain and why the steps you are taking now will help you to achieve the position
Answer:
working in your organization with good analytical skills, business skills and high gain practical knowledge. Identify career goals. Beginning your statement with a clear career goal may be an efficient way to explain your intentions to potential employers. ...
Explain how you plan to achieve your goals. ...
List resources you will use. ...
Set a timeline. ...
Share your statement. ...
Revisit and update your plan.
Explanation:
Evry Company manufactures small mp3 player called Jogging Mate. The company uses standards to control its costs. The labour standards that have been set for one Jogging Mate mp3 player are as follows: Standard Rate per Hour Standard Cost Standard Hours 18 minutes R12.00 R3.60 During August 5, 750 hours of direct labour time were needed to make 20,000 units of Jogging Mate. The direct labour cost totalled R73,600 for the month. Required: 7.1. According to the standards, what direct labour cost should have been incurred to make 20,000 units of Jogging Mate? By how much does this differ from the cost that was incurred? 19 7.2. Breakdown the difference in cost from (7.1) above into a labour rate variance and a labour rate efficiency variance. 7.3. The budgeted variable manufacturing overhead rate is R4 per direct labour-hour. During August, the company incurred R21,850 in variable manufacturing overhead cost. Calculate the variable overhead rate and efficiency variances for the month.
7.1. The direct labour cost that should have been incurred to make 20,000 units of Jogging Mate, according to the standards, is R72,000. The actual cost incurred was R73,600, resulting in a difference of R1,600.
7.2. The difference in cost can be broken down into a labour rate variance of R600 (favourable) and a labour efficiency variance of R1,000 (unfavourable).
7.3. The variable overhead rate variance for the month is R150 (unfavourable), and the variable overhead efficiency variance is R700 (favourable).
7.1. The standard labour cost for producing 20,000 units of Jogging Mate is calculated by multiplying the standard labour hours (18 minutes) by the standard labour rate per hour (R12.00) and then multiplying by the number of units (20,000). This gives us R72,000. The actual labour cost incurred in August was R73,600, resulting in a difference of R1,600, which means the actual cost exceeded the standard cost.
7.2. The labour rate variance is calculated by multiplying the difference in standard and actual labour rate (R12.00 - R12.20) by the actual labour hours worked (5,750 hours), resulting in a variance of R600 (favourable). The labour efficiency variance is calculated by multiplying the difference in standard and actual labour hours (5,750 hours - 5,833.33 hours) by the standard labour rate per hour (R12.00), resulting in a variance of R1,000 (unfavourable).
7.3. The variable overhead rate variance is calculated by multiplying the difference in budgeted and actual variable overhead rate (R4.00 - R3.80) by the actual labour hours worked (5,750 hours), resulting in a variance of R150 (unfavourable). The variable overhead efficiency variance is calculated by multiplying the difference in standard and actual labour hours (5,750 hours - 5,833.33 hours) by the variable overhead rate (R4.00), resulting in a variance of R700 (favourable).
To learn more about labour efficiency variance
Click here brainly.com/question/32642276
#SPJ11
Most economists assume that expansion and contraction in industry lends itself to a "natural" unemployment rate of
a. two percent or four percent
b.three percent to five percent
c.four percent to seize percent
d.seven percent to six percent
Answer: A
Explanation:
Most economists assume that expansion and contraction in industry lend themselves to a "natural" unemployment rate of two percent or four percent. Thus, option A is correct.
Who are economists?An economist can be defined as a person who works with social resources as well as input and output. They are the ones who is in the field of economy. They prepare report tables and charts regarding the production as well as the distribution of a product or service.
Economists have of perspective regarding industrial development. As they believe that the unemployment rate in this sector will be 2 to 4%. As the economy and the market are continuously changing. This will result in making the recession and depression of fluctuating.
Therefore, option A is correct.
Learn more about economists, here:
https://brainly.com/question/13199035
#SPJ6
The question is incomplete, Complete question probably will be
Most economists assume that expansion and contraction in industry lends itself to a "natural" unemployment rate of
a. two percent or four percent
b.three percent to five percent
c.four percent to seize percent
d.seven percent to six percent
If the 2014 poverty line is based on the amount of money an individual has earned as income, then ____.
A. the poverty line will be adjusted to take the value of non-cash government assistance into account.
B. government programs that provide non-cash assistance to the poor are not considered.
C. the concept of what poverty means in the 21st century should be rethought from scratch.
D. it will be difficult to compare poverty rates over time in a market-driven economy.
If the 2014 poverty line is based on the amount of money an individual has earned as income, then government programs that provide non-cash assistance to the poor are not considered.
The poverty line, poverty threshold, or breadline is the lowest amount of income considered appropriate in a certain country. Typically, the poverty line is derived by determining the entire cost of a year's worth of essentials for the average adult. Because housing costs, such as rent for an apartment, account for the majority of this estimate, economists monitor the real estate market and other housing cost indicators as important influences on the poverty line. Individual considerations, such as whether one is a parent, old, a child, married, and so on, are frequently utilized to account for diverse conditions. The poverty line may be raised or lowered on an annual basis.
In practice, the official or popular understanding of the poverty line, like the concept of poverty, is substantially greater in affluent countries than in developing countries. Mollie Orshansky devised the poverty threshold between 1963 and 1964. She calculated the poverty line as a measure of income insufficiency by increasing the cost of a three- or four-person family's meal plan by a factor of three. The interagency poverty level review group changed the threshold in 1969 to account only for price fluctuations.
We can learn more about poverty line here:
https://brainly.com/question/13462061#
#SPJ4
For each of the following cases, indicate (a) to what rate columns, and (b) to what number of periods you would refer in looking up the interest factor.
1. In a future value of 1 table:
Annual Rate Number of Years Invested Compounded (a) Rate of Interest (b) Number of Periods
a. 9% 9 Annually b. 12% 5 Quarterly c. 10% 15 Semiannually
For each of the following cases, we can determine the rate of interest and the number of periods by using the given information about the annual rate, the number of years invested, and the frequency of compounding.
The rate of interest will be the annual rate divided by the number of compounding periods per year, and the number of periods will be the number of years invested multiplied by the number of compounding periods per year.
We can use the following formulas to find the rate of interest and the number of periods:
(a) Rate of Interest = Annual Rate / Number of Compounding Periods per Year
(b) Number of Periods = Number of Years Invested x Number of Compounding Periods per Year
For each case, we can plug in the given values and solve for the rate of interest and the number of periods:
a. Annual Rate = 9%, Number of Years Invested = 9, Compounded Annually
(a) Rate of Interest = 9% / 1 = 9%
(b) Number of Periods = 9 x 1 = 9
b. Annual Rate = 12%, Number of Years Invested = 5, Compounded Quarterly
(a) Rate of Interest = 12% / 4 = 3%
(b) Number of Periods = 5 x 4 = 20
c. Annual Rate = 10%, Number of Years Invested = 15, Compounded Semiannually
(a) Rate of Interest = 10% / 2 = 5%
(b) Number of Periods = 15 x 2 = 30
For more such questions on Compound Interest, visit:
brainly.com/question/1288787
#SPJ11
Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. the company's plantwide overhead rate is $25 per machine-hour (mh) used. their single product uses 10,000 mh, has direct material cost per unit of $10.96 and direct labor cost of $3.84 per unit. the total overhead cost is expected to be:
Benson Inc. employs the plantwide overhead rate technique and produces a single product. A total of $250,000 is anticipated for overhead expenses.
The sum of a company's indirect operating expenses is known as its total overhead costs. These expenses are required for the operation of the business even if they are not directly connected to the creation of a particular item or service. Rent, utilities, insurance, administrative salaries, and office supplies are a few examples of overhead expenses.
Total overhead cost = Predetermined overhead cost × Actual machine hours used
= $25 × 10,000
= $250,000
The direct materials and direct labor per unit will be used to compute the overall production cost per unit.
To learn more about overhead rate
https://brainly.com/question/29583640
#SPJ4