15. (2 points) What is Purchasing Power Parity (PPP), what does it show, and what is it used for? What are some of the criticisms and shortcomings of PPP?
Answers
Purchasing power parity (PPP) is a measure of the relative purchasing power of different currencies. It is calculated by comparing the prices of a basket of goods and services in different countries.
The basket of goods and services is typically chosen to be representative of the consumption patterns of a typical household.
PPP is used to compare the standards of living between different countries. It is also used to adjust for differences in price levels when comparing economic data between countries.
For example, if the PPP exchange rate between two countries is 1:1, then a dollar in one country will have the same purchasing power as a dollar in the other country.
There are a number of criticisms and shortcomings of PPP. One criticism is that the basket of goods and services used to calculate PPP is often not representative of the consumption patterns of all households. Another criticism is that PPP can be sensitive to changes in prices, especially for non-traded goods and services.
Despite these criticisms, PPP is a useful tool for comparing the standards of living between different countries. It is also a useful tool for adjusting for differences in price levels when comparing economic data between countries.
Here are some of the criticisms and shortcomings of PPP:
The basket of goods and services used to calculate PPP is often not representative of the consumption patterns of all households.PPP can be sensitive to changes in prices, especially for non-traded goods and services.PPP does not take into account differences in taxes and transportation costs.PPP is not a perfect measure of the standard of living, as it does not take into account factors such as access to education and healthcare.Overall, PPP is a useful tool for comparing the standards of living between different countries. However, it is important to be aware of its limitations and to use it in conjunction with other tools when making comparisons.
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Related Questions
Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answers
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
Some organizations may choose to have job applicants complete an application form created by the firm, instead of just allowing the employee to write his own. Give ONE (1) key reason why
the firm may prefer to have an application form completed.
Answers
Answer:
see below
Explanation:
Job applicants complete an application form created by the employer to gather relevant information from potential employees. One reason employers prefer Job application forms is to gather comprehensive and consistent data from all applicants. This facilitates a fair analysis of applicants' backgrounds.
Application letters and resumes may not have uniform data. The employer designs the application form to ensure they get all the data they require from all applicants. Again, resume's do not include important information such as names and contacts of immediate and past supervisors.
The technology S-curves points to:
Forever increasing returns with technology adoption
Diminishing returns at some point of technology adoption
Forever decreasing returns with technology adoption
The shock events that change the technology used in an industry
Answers
The technology S-curves point to the fact that there are initially low returns when a new technology is adopted, followed by a period of rapid growth and increasing returns as adoption becomes more widespread.
However, there eventually comes a point where the returns begin to diminish as the technology matures and reaches its peak potential. This does not necessarily mean that there will be forever decreasing returns with technology adoption, as new technologies can emerge and replace older ones, leading to another S-curve of growth and adoption. Shock events, such as major disruptions or breakthroughs, can also change the technology used in an industry and potentially accelerate the adoption of a new S-curve.
Hi! The technology S-curves point to diminishing returns at some point of technology adoption. In the context of S-curves, as technology adoption increases, there is initially rapid growth and improvement, but over time, this growth slows down, leading to diminishing returns. Eventually, a new technology may emerge, starting a new S-curve and potentially changing the technology used in an industry.
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Which of the following statements
best describes retained earnings?
A Ownership shares possessed by owners
B. Profits not distributed to owners
C Dividends received by owners
Answers
Elle wants to understand how much, on average, her ads cost her per click. Which metric would best help her understand this
Answers
To find out how much, on average, her ads cost her per click, Elle could use the cost-per-click (CPC) metric.
How to calculate the CPC of an ad?You must divide the total spent for an ad by the total number of clicks received. The CPC will be effective if it is aligned with the goals determined by the Return on Investment (ROI) forecast by the company.
Therefore, metrics in digital marketing ads help companies analyze the reach and effectiveness of their ads, increasing control and management.
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for business and personal finance: What is insurance?
Answers
Answer:
Insurance is the procedure by which persons or companies exposed to a specific risk agree with an institution specializing in compensation for damage that the institution will indemnify the damage caused when the risk materializes. The resulting contract is called insurance.
From a commercial point of view, insurance can be defined as the means by which the cost of incidental damage can be converted evenly into a continuous annual cost on an annual basis.
What is an example of a critical tool most small businesses would use for marketing?
a company website
internet telephone
skyp
dropbox
Answers
Answer:
a company website
Explanation:
this is so they can post it everywhere and people use this a lot for small businesses and big companies.
Should the organization use the cash accounting method or the accrual accounting method? Why?
Answers
Answer:accounting method
Explanation:it is much more accurate
9. when buying a product online,
a. only use debit cards for increased protection.
b. call the seller to see if they will give you a cash discount.
c. use a credit card or charge card for increased protection.
d. send the seller a check because someone could steal your credit card number,
Answers
The recommended option when buying a product online is to use a credit card or charge card for increased protection. So, the correct answer is (c). Credit cards and charge cards offer more security features and fraud protection, which can help keep your financial information safe during online transactions.
When buying a product online, it is important to use a:When buying a product online, it is important to use a credit card or charge card for increased protection. This is because these payment methods offer fraud protection and dispute resolution options in case of any issues with the transaction.
It is not recommended to use a debit card as it may not offer the same level of protection. It is also not advisable to send the seller a check as there is a risk of it being lost or stolen in transit. It is not common for sellers to offer cash discounts, and if they do, it is important to verify their legitimacy before making any payments.
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Georgina puts $45 into an account which pays interest at a rate of 5.2% per year. How much money would she have after a year
Answers
Answer:
The money transfer to the bank accountong answer: right here right now, inc. sells streaming media subscriptionsthe company has grown alot recently and has noticed that it has been getting a larger number of complaints about customer service right here right now arranged for its customer service employees to recieve training on best practices and telephone customer service they have hired you to thoroughly evaluate the training you to arrange a meeting to go over your plans with customer service manager below create a brief meeting agenda including objectives discussion topics each with a estimated amount of time alotted to it and propose next steps your discussion topics should include brief descripters of the areas you plan to evaluate and soon those evaluations should take place include all four levels of evaluation discussed
Answers
Answer:
well i first would welcome everyone and thank you for coming
1. Training what is going well and what needs to change
2.Meeting ask anyone what they think that might help
3.Due times if any work that you assigned tell them if there is a due date
4.Plans to evaluate when the next meeting should be held
Explanation:
Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answers
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
Your company will generate in annual revenue each year for the next seven years from a new information database. If the appropriate discount is 8. 2 percent, what is the present value of savings?
Answers
The present value of savings is approximately $60,662.57, assuming that the company will generate $100,000 in annual revenue each year for the next seven years and that the appropriate discount rate is 8.2%.
To calculate the present value of savings, we need to use the present value formula, which is:
\(PV = FV / (1 + r)^n\)
Where PV is the present value, FV is the future value, r is the discount rate, and n is the number of periods.
In this case, we know that the future value (FV) is the annual revenue that the company will generate each year for the next seven years. We'll marginal cost assume that this value is $100,000.
So, using the formula, we can calculate the present value of savings as follows:
\(PV = $100,000 / (1 + 0.082)^7\)
\(PV = $100,000 / 1.649\)
PV = $60,662.57
Therefore, the present value of savings is approximately $60,662.57, assuming that the company will generate $100,000 in annual revenue each year for the next seven years and that the appropriate discount rate is 8.2%.
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A loan of $105,487.80 is to be amortized over a 10-year term at 6% interest compounded monthly with monthly payments and a $20,000 balloon payment at the end of the term. Calculate the monthly payment.
The monthly payment is $
(Do not round until the final answer. Then round to two decimal places as needed.)
Answers
Answer:
$1049.09
Explanation:
The present value of the balloon payment is ...
$20,000/(1 +.06/12)^(12·10)) = $10,992.65
So, the effective amount of the loan is ...
$105,487.80 -10,992.65 = $94,495.15
The amortization formula gives the payment as ...
A = P(r/n)/(1 -(1 +r/n)^(-nt)) = $94,495.15(.06/12)/(1 -(1 +.06/12)^(-12·10))
= $94,495.15(.005)/0.450367 = $1049.09
The monthly payment is $1049.09.
2) southern gas company (sgc) is preparing to make a bid for oil and gas leasing rights in a newly opened drilling area in the gulf of mexico. sgc is trying to decide whether to place a high bid of $16 million or a low bid of $7 million.
Answers
When deciding whether to place a high bid or a low bid for oil and gas leasing rights in the newly opened drilling area in the Gulf of Mexico, Southern Gas Company (SGC) should consider several factors.
A high bid of $16 million indicates a strong interest and willingness to invest more in acquiring the leasing rights. This may increase the chances of securing the rights and gaining access to potentially lucrative oil and gas reserves in the area. However, it also carries a higher financial risk and may lead to significant upfront costs. On the other hand, a low bid of $7 million signifies a more conservative approach, with a lower financial commitment.
While this reduces the initial cost, it may also reduce the chances of winning the bid and limit the potential for accessing valuable oil and gas reserves. Ultimately, SGC needs to weigh the potential returns and risks associated with each bid option. Factors such as market conditions, expected profitability of the drilling area, and competitor activity should be considered.
Conducting a thorough cost-benefit analysis can help SGC make an informed decision on whether to place a high bid or a low bid.
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Which group of words bet describes wants?
Answers
Answer:
unlimited, changing, and competing
Explanation:
True or false: if darnell is risk averse, then he prefers a 50-50 gamble between $0 and $400 over a guaranteed $200.
Answers
The given statement is true. if Darnell is risk averse, then he prefers a 50-50 gamble between $0 and $400 over a guaranteed $200.
Will a risk averse person accept a fair gamble?The idea of a fair bet is related to the idea of risk aversion. An unknown prospect with a zero projected yield is a fair bet. If a person never accepts a reasonable wager, they are risk averse. The overwhelming majority of academics concur that scenarios involving gambling involve some type of risk aversion.
While some people actively love risk (i.e., seek out risky circumstances because of the possible rewards), the majority of people deliberately avoid risk. One response is that it seems sense that the benefits of wealth diminish over time. Additionally, risk aversion is probably fairly widespread because diminishing returns to wealth imply that it is.
Hence, The given statement is true. if Darnell is risk averse, then he prefers a 50-50 gamble between $0 and $400 over a guaranteed $200.
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When target shareholders exchange their old stock for new stock in the acquiring firm, this is known as a(n):
A.
stock exchange.
B.
term swap.
C.
stock swap.
D.
exchange swap
Answers
When target shareholders exchange their old stock for new stock in the acquiring firm, this is known as a(n) C. stock swap.
A stock swap refers to the process in which shareholders of the target company exchange their existing shares for shares of the acquiring company. It is a common method used in mergers and acquisitions to facilitate the combination of the two companies' ownership.
In a stock swap, the acquiring company offers a certain ratio or exchange rate of its own shares for each share of the target company held by the shareholders. This allows the acquiring company to acquire the target company's shares and, as a result, gain control or ownership of the target company.
The target shareholders receive new shares in the acquiring company as consideration for their ownership in the target company. The terms and conditions of the stock swap, including the exchange ratio, are typically determined and negotiated as part of the merger or acquisition agreement between the two companies. Hence, C is the correct answer.
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identify each point as supporting either matthew desmond’s contention that eviction can cause poverty or the alternative argument that it does not.
Answers
Eviction causes poverty was a statement that was made by Desmond in 2015 to support his claim that eviction isn't a consequence of poverty but rather, a cause.
You did not give the full information as you didn't provide the points. Therefore, an overview of Desmond's statement will be given.
According to Desmond, eviction is a cause of poverty, not a consequence of poverty. He stated that housing costs are increasing due to poor renting households and this places people at the risk of eviction.
He further stated that the risks of eviction has several negative health, economic, and housing outcomes.
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The GUI is an index used by the OS to manage computer files,
O False
O True
Answers
Answer: I think it's true
What is an example of a common part of a company's brand that would be represented in television
commercials?
Answers
Answer:
logos, product, company's name, :DDD and endorsers
Which manufacturing strategy creates additional wait time for the buyer to receive the product, but allows customers to purchase pre-designed and pre-engineered products that can be customized to the the buyers specifications?.
Answers
Make-to-Order (MTO) is a manufacturing approach that adds to the buyer's wait time for the product delivery while enabling customers to buy pre-designed and pre-engineered goods that may be tailored to the buyer's requirements.
Meaning of "made to order"Make to Order, also known as Build to Order and Made to Order, is a method used in commercial production where producers only create items after receiving a confirmed order.
The phrase "made to order" (MTO) refers to a business manufacturing strategy that frequently enables clients to buy things that are customized to their needs. An item is only created using this manufacturing technique if a verified customer order is received.
The manufacturing method known as "made to order" is used when a company decides to only build items once a customer orders them. For instance, a business that sells handcrafted furniture can hold off on designing and creating a new coffee table until a customer requests it.
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Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about
doubling your money every day. This information is
reliable and relevant
unreliable and relevant
reliable but Irrelevant
unreliable and irrelevant
Answers
Answer:
When Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about doubling your money every day.
Unreliable and relevant
Explanation:
The reasons behind this answer are that at the first pace is relevant because she was looking for a place to use her savings to make more money. However, this is not a very reliable source of information because it is a random website and has no way to verify the authenticity and security of the operations that she could potentially make on it.
Unreliable and relevant
Explanation:
First off it is Very Unreliable because you cant just double your money, that money will NEED to be earned by work which takes time, This is relevant because it seems like a relevant idea to people to just double money but just because this is relevant does not make it Reliable, therefore making this Answer "Unreliable and relevant."
Tennyson's ultimate goal is to work as the CEO of an advertising agency. One of her goals is to "gain the required experience for the position." What type of goal would this be?
OA performance-based
OB. time-based
O C.
OD. long-term
mid-term
Answers
The type of goal that is been used when Tennyson's ultimate goal is to work as the CEO of an advertising agency and one of her goals is to "gain the required experience for the position is B. time-based goal.
What is time-based goal?
Time-based goal can be described as the goal that is been focused so that it can be achieved on a target date, it involve focusing on a particular thing at a time so as to be successful in it.
In conclusion, from the case above , we can see that her goal is to work as the CEO of an advertising agency which is specific and have time.
Therefore, option B is correct.
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true or false? agency professionals must contact amazon to request access to their client's seller central account.
Answers
The given statement "agency professionals must contact amazon to request access to their client's seller central account." is true because Amazon has a specific process for granting access to a client's seller central account and the account owner must authorize access to the agency professional.
In order to gain access to a client's seller central account on Amazon, agency professionals must contact Amazon and request access. Amazon has a specific process in place for this, and the account owner must authorize access to the agency professional. Unauthorized access to an Amazon seller central account can result in account suspension or other penalties.
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Your new health insurance has a $4000 deductible. What does that mean?
Answers
Differentiate between electricity geyser and gas geyser
Answers
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it
True or false: if rajiv is risk averse, then he prefers a guaranteed $150 over a 50-50 gamble between $0 and $300.
Answers
True, if Rajiv is risk-averse, he prefers a guaranteed $150 over a 50-50 gamble between $0 and $300.
If Rajiv is risk-averse, it means he dislikes uncertainty and prefers safer options. In this case, the 50-50 gamble offers a potential gain of $300 but also a potential loss of $0. The expected value of the gamble is $150 (0.5 * $0 + 0.5 * $300 = $150). However, since Rajiv is risk-averse, he is likely to prioritize the guaranteed outcome of $150 over the uncertain gamble. This is because the certainty of the guaranteed $150 aligns better with his risk-averse attitude, ensuring he avoids the possibility of ending up with nothing.
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Oh boy not much points left better get some
Answers
Answer:
Im so confused
Explanation:
:)
Answer:
..........
Explanation:
True or false: Flexible prices help to explain how unexpected changes in demand lead to the fluctuations in GDP and employment that occur over the course of the business cycle.
Answers
Answer:
True this is the answer thanks please rate