All the documents a brokerage generates for a single completed transaction are kept in A master transaction file. Option B
This is further explained below.
What is a master transaction file.?Generally, The data found in the transaction files is what is utilized to bring the master files, which are the files that hold information on the organization's subjects, up to date.
In addition to their primary purpose, transaction files also serve as audit trails and the organization's history.
In conclusion, A master transaction file is where a brokerage store all of the papers it creates for a single completed transaction and keeps them safe. Alternative B
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complete question
All the documents a brokerage generates for a single completed transaction are kept in:
a. the broker's PDA.
b. a master transaction file.
c. the assistant's home.
d. none of the above.
In what three ways does the government affect production of goods and services in the US economy?
Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the
business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?
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Please answer C on question #4 4. Assume that G and T are exogenous, and C is determined by the standard consumption function, but that investment is now endogenous and responds to income: 1 = b0 + b1y. Assume c1 + b1 <1 (c) Now assume that the propensity to save (i.e. s1 = 1-c1) increases. What happens to equilibrium output, investment, consumption and private, public and national savings? Briefly explain and discuss.
With an increase in the propensity to save, equilibrium output decreases, investment increases, consumption decreases, and savings (private, public, and national) increase.
What happens to equilibrium output, investment, consumption, and savings when the propensity to save increases?When the propensity to save (s1) increases in the given scenario, it implies that the portion of income not consumed (1 - c1) becomes larger. This increase in saving affects the equilibrium output, investment, consumption, and savings.
1. Equilibrium output: With a higher propensity to save, the total spending in the economy decreases since a larger portion of income is saved rather than consumed. As a result, the equilibrium output decreases.
2. Investment: Since investment is now endogenous and responds to income (1 = b0 + b1y), an increase in saving leads to a higher level of investment. This is because higher savings provide funds that can be channeled into investment activities, stimulating economic growth.
3. Consumption: As the propensity to save increases, consumption decreases since a larger portion of income is saved rather than spent. This implies that individuals are saving more and consuming less of their income.
4. Private and Public Savings: Private savings increase due to the higher propensity to save. On the other hand, public savings might be affected depending on government policies. If the government increases its saving or reduces its spending, public savings will increase as well.
5. National Savings: National savings, which comprise private and public savings, will increase overall due to the higher propensity to save in the economy.
Overall, an increase in the propensity to save leads to lower equilibrium output, higher investment, reduced consumption, and increased private, public, and national savings.
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1. Explain/Discuss the 4 stages of the business/economic cycle. For each cycle, discuss in detail items such as GDP, Interest Rates, Employment, Consumer Spending, Inflation etc. Identify the stage we are in now as a country. Explain the actions the Federal Reserve is taking to deal with the economy. Be as detailed and thorough as possible.
We consider business cycles to be a continuous process, with recessions, troughs, recoveries, expansions, peaks, and downturns repeating themselves. Any business cycle may be divided into four phases:
Peak: the economy is at or near full employment; production, employment, and income have reached a transitory peak.
Recession (R): a drop in output, employment, and income. Many areas of the economy are seeing a downturn in commercial activity. Unemployment is on the rise. Recessions can last anywhere from six to twelve months. Monthly variations in output are higher during recessions than during expansions. In other words, during a recession, output decreases are far more pronounced.
Trough: At its lowest point, output, revenue, and employment "bottom out." The trough period might endure for a short time or for a long time.
Expansion (E): A phase of recuperation. Once again, output, income, and employment are on the rise. As the economy approaches full employment, we may expect price increases (inflation). Expansions, on average, last three to four times longer than contractions.
There have been ten recessions since 1950. In terms of time, the least severe was in 1980. (6 months). 2007-09 was the most severe (18 months).
During a business cycle, what happens? To begin with, many economic variables are linked.
The economy and unemployment are moving in different directions (the labor market is a lagging indicator, responding slowly to a change in GDP, as we saw in chapter 7 of the assigned textbook). Consumption growth tracks GDP, although it isn't very variable. The amount of money spent on investments is highly erratic. During business cycles, wages do not fluctuate considerably. Inflation follows the rise of output.
Sectors of the economy and the businesses that make up those sectors tend to move in lockstep. When one area does well, it is probable that others will as well. The same may be said for businesses in these fields. Construction and manufacturing, on the other hand, are more volatile during a business cycle. We can see that if one area of the economy is performing well, others will as well. As a result, if manufacturing is doing well, demand for construction and services will rise.
States, too, are subjected to the same business cycle. Nations, too, tend to go through business cycles at the same time. Every business cycle is unique. The lengths and extents of expansions and contractions alter throughout time. Towards the end of a project:
Interest rates are risingWages are rising faster than pricesThis results in falling profitsDebts of households and firms have risenLots of borrowing has occurred to finance spending during the expansion time periodRecessions typically come from declines in investment spending by firms.
Firms cut back on capital stock expansionHouseholds cut back on spending for consumer durablesSales fallProduction declinesUnemployment rises, workers are let go, and this reduces income, which reduce s spending still further.Firms that produce capital goods and consumer durable products suffer the most during a recession. Firms can postpone capital goods acquisitions when the economy deteriorates. Increases in capital goods stock are not warranted by the company forecast. Businesses repair obsolete equipment that has outlived its usefulness. Consumer durable goods purchases are being postponed by consumers (autos, major appliances, personal computers, etc.). Budgets are being slashed, and consumer durable goods purchases are being postponed. Service businesses and non-durable products producers are frequently spared the brunt of the damage. It is tough for people to cut back on necessary medical and legal services. Purchases of food and clothing are more difficult to postpone.
Spending by families and businesses begins to grow as the recession persists and appears to be ending. Debt is decreasing. New borrowing takes place, resulting in a rise in spending. And thus a new chapter of growth starts.
the purchase of goods and services as they are needed, usually at prevailing market prices is referred to as
Option b: Spot buying. Spot buying is the practice of buying to meet immediate needs rather than to meet inventory or future demand.
Frequent orders are charged at the price in effect at the time the order is placed. When commodity prices drop, spot buying can help minimize your overall spend.
Spot buys are often considered 180 by strategic sourcing. Strategic sourcing involves long-term sourcing commitments, while spot buying (or spot buying) occurs when there is a pressing need and the need to buy literally 'on the spot'.
These purchases are typically unplanned, consist of small orders, and are often paid quickly. This kind of shopping isn't just for the holidays. They happen all the time in the business world too.
In fact, he accounts for nearly 40% of the organization's indirect spending activity. Spot purchases typically have one or more of the following characteristics:
they are for emergencies.
The transaction was uncomplicated.
You are a unique buyer.
These belong to the unmanaged expense category.
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Complete question:
The purchase of goods and services as they are needed, usually at prevailing market prices, best defines
A) strategic sourcing.
B) spot buying.
C) direct materials.
D) consolidation.
Can I please please get help this is do in 10 mins please please help!!!!!!!!
what was gross profit from the bambel brothers, inc.’s income statement for the year ending december 31, 2022?
Revenue, cost of sales, sales, general, and administrative expenditures, other operating expenses, non-operating income and expenses, gains and losses, non-recurring items, net income, and EPS are the elements of the income statement.
The balance sheet provides a concise overview of a company's financial situation at a particular period. An summary of the company's financial performance for a certain time period is offered by the income statement. In order to offer correct information, it is further classified to include assets, liabilities, and shareholder's equity. Go to the firm page on the money control website to get the Indian company's financial statements. Then, choose on the financial statement (profit and loss statement, balance sheet, or cash flow statement) that you want to download by choosing the "financials" option on the left tab.
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the
was established in 2010 as a result of the Dodd-Frank Act.
The agency that was established in 2010 by the Dodd-Frank Act is the Consumer Financial Protection Bureau (CFPB).
What is the role of the Consumer Financial Protection Bureau?It's main purpose is to regulate the affairs of finance companies that offer products and services to consumers in the United States.
The Dodd-Frank Act in 2010 established this agency as one of the safeguards to ensure that the Great Recession of 2008/9 never happens again.
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If John made $23,562.55 in wages, and $2,679.32 cents in tips, what amount should he enter for his income when filling out his 1040 ta
return form?
$24,902.21
$23,562.55
$2,679.32
$26,241.87
Answer:
Explanation:
$26,241.67
What is the main benefit of investing in a 401k, ira, or other retirement account?.
The benefit is Whether you itemize or use the standard deduction, the pre-tax nature of the contributions lowers your overall taxable income, which could result in a smaller tax bill. It might possibly lower your tax bracket for you.
What is a 401k, ira, or other retirement account?You can save money for retirement through two different types of investment accounts: 401(k)s and IRAs. Both accounts allow you to deposit money on a regular basis1 and put your money into the stock market for future growth. They each offer specific tax advantages, however they differ slightly from one another.
A 401(k) is a retirement account that you open via your company, whereas an IRA is a retirement account that you open on your own. Both IRAs and 401(k)s provide both regular and Roth choices, with the former requiring pretax contributions and the latter post-tax ones.
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Sun Inc. assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a finance fee of 1% on the transaction upfront. What would be recorded as a gain (loss) on the transfer of receivables
Answer:
The answer is: Assigning accounts receivables as collateral for a bank is not a asset transfer.
Explanation:
Even as the bank offers Sun Inc. with a factoring limit, the accounts receivables are still in the firm's accounting book. The firm has the obligations to go after their debtors for collections. The account receivables are transferred to creditors when a company becomes defaulted or bankrupted.
Why is it important to have insurance?
It's important to have insurance so people can
protect themselves from losing a lot of money in
the event of an unpredictable event or something
happens to them or their property.
So individuals can defend against the possibility of
financial loss due to unpredictable event
So people can engage in risky behavior without
financial consequences
A and B
It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something that happens to them or their property. So individuals can defend against the possibility of financial loss due to unpredictable events. The correct options are a and b.
What is insurance?Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
When a firm finances new investments, it may set up accounts payable with suppliers, but the balance that the firm must supply is called the investment in net capital.
When firm finances new investments, then set up accounts payable with suppliers, in which the balance that the firm must supply is called the investment in net "Working" capital.
This is because investment in net working capital is when the capital remains when the current liabilities are removed from the current assets.
The net working capital can be any of the cash, accounts receivable, inventory, and short-term investments or a combination of any of these elements.
The net working capital can be used to pay debts or invest in the growth of the company.
Hence, in this case, it is concluded that the correct answer is "Net Working Capital."
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Which is NOT true about beneficiary designations?A. Trusts can be valid beneficiaries.B. The beneficiary must have insurable interest in the insured.C. The beneficiary may be a natural person.D. The policy does not have to have a beneficiary named in order to be valid.
The statement that is NOT true about beneficiary designations is: D. The policy does not have to have a beneficiary named in order to be valid is NOT true about beneficiary designations.
Which is NOT true about beneficiary designations?A beneficiary designation is a crucial component of life insurance policies and retirement accounts, and a policy or account without a beneficiary named would not have a clear direction as to where the proceeds should go after the policyholder or account owner dies.
In general, a beneficiary designation is a written instruction naming a person, organization, or entity that will receive the proceeds of a life insurance policy or retirement account after the policyholder or account owner dies.
Therefore Option D is the statement that is not true about beneficiary designations.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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________ are information systems designed to support the planning and the implementation process across the entire organization.
The information systems that is been designed so that it can offer support to planning as well as the implementation process as regards an organization is Business Management Systems.
Business Management Systems can be regarded as a system that is very crucial in an organizational settings, especially in the planning and implementation stage.It help to improve the efficiency as well as performance of the organization.Therefore, Business Management Systems is the correct.
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Bob’s employer covers 23% of his family’s annual health insurance premium. The balance of the premium is deducted in equal amounts from Bob’s paycheck 26 times over the calendar year. If $185. 30 is withheld from each of Bob’s paychecks, what is his family’s annual health insurance premium? a. $805. 65 b. $4,817. 80 c. $6,256. 88 d. $20,946. 96 Please select the best answer from the choices provided A B C D.
Based on the amount covered and the amount withdrawn, we can calculate that Boba's annual health insurance premium is $6,256.88
First find the total amount withheld from Boba in a year:
= 185.30 x 26
= $4,817.80
Boba's employer covers 23% of his insurance so the amount withdrawn is 77% of the insurance.
The annual insurance is therefore:
= Boba's share / Percentage paid by Boba
= 4,817.80 / 77%
= $6,256.88
In conclusion, the annual premium is $6,256.88
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in one paragraph, explain the impact of working capital management on the business’s operations. provide examples to support your claims
Working capital management plays a crucial role in a business' tasks as it straightforwardly influences the organization's liquidity, benefit, and in general productivity.
Effectively managing working capital guarantees that an organization has adequate assets to cover its momentary commitments and functional costs. For example, advancing the administration of records receivable can assist with further developing income by diminishing the time it takes to gather installments from clients.
For instance, arranging ideal installment terms with providers can improve income by stretching out an opportunity to pay solicitations. Then again, unfortunate working capital administration can prompt liquidity limitations, botched open doors, and expanded acquiring costs.
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does nestle kitkat follow skimming marketing policy?
Answer:
yes
Explanation:
I think it does anyway
Answer:
Yes they do follow the skimming marketing policy
Shawn lost $15,000 on his stock investments this past year. Which is true? (5 points)
He can deduct the loss from his property taxes.
He can recover the loss through his insurance.
He can deduct the loss from his taxable income.
He has to pay an administrative fee on the loss.
The TRUE statement about Shawn, who lost $15,000 on his stock investments this past year, is that C. He can deduct the loss from his taxable income.
Shawn's taxable income (capital gains) will be reduced by the amount of the investment loss. However, he can only recover $3,000 in each year while the remaining will be carried forward to subsequent years.
Shawn cannot recover the investment loss:
From his property taxesThrough his insuranceBy paying an administrative fee.
Thus, the true statement is C.
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Someone copied a library video and sold the copies to friends. This is an
example of ____.
A. embezzlement
B. intellectual property theft
C. cybercrime
D. shoplifting
its be fasho cause i learned about it
Someone copied a library video and sold the copies to friends. This is an example of intellectual property theft. Hence, option B is correct.
What is intellectual property theft?Intellectual property theft occurs when a person or organization has their invention, creative expression, or idea taken from them. When someone commits IP theft, they can also be stealing trade secrets, copyrights, trademarks, or patents. Names, logos, insignia, inventions, client lists, and more fall under this category.
Manufacturing, selling, or distributing fake or stolen commodities, such as trademarks, industrial designs, literary works, or creative works, for financial benefit is considered an intellectual property crime.
Loss of client confidence. A reputational hit. reduction in revenue and expansion of the company. loss of advantage in the marketplace.
Thus, option B is correct.
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ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work
The probability weighted average of the interest rate future values at the end of each of the three periods is used to determine this, and the future values are then discounted back to the present using the interest rate.
The tree is built using the current stock price and a simulation of the up and down movements over the course of the three periods using the provided probability and percentage changes.
Each end node's option value is determined before being processed back up the tree to the starting node. The starting node's computation serves as the end option value.
The stock's annual payout range is $27 - $17 = $10.
If the stock price is $27 when the option expires, its value will be =$27-$22 =$5.
If the stock price is $17, the option will also have no value.
The stock option has a payment range of $5 and $0;0 = $5.
To determine the amount of stock shares, balance the range:
$5/10 = 0.5 Option range/Stock range
The stock option payoff for 0.5 shares will be either $13.5 or $8.5. The payout for the portfolio and options will be $13.5- $5, which equals $8.5, or $8.5 $0; 0 = $8.5.
PV = $8.5/ (1+) is the present value of $8.5 at the daily compounding risk-free rate.
Complete question:
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work?
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New interns at premiere are asked to sign non-disclosure forms preventing them from revealing corporate secrets, among other things. This is a ________ safeguard.
New interns at premiere are asked to sign non-disclosure forms preventing them from revealing corporate secrets, among other things. This is a non-disclosure safeguard.
Non-disclosure AgreementA non-disclosure agreement (NDA) refers to a legal contract (or part of a contract) between two or more parties that outlines confidential material, knowledge, or information that the parties wish to share with each other for certain purposes, but wish to restrict access to.
An NDA can protect any information that is not generally known. However, non-disclosure agreements can also contain clauses that will protect the person receiving the information so that they would not be obligated to keep the information secret if they lawfully obtained the information through other sources.
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the financial statements expressed in a foreign currency that need to be converted to a domestic currency could be the financial statements of a/an:
The financial statements expressed in a foreign currency that need to be converted to a domestic currency could be the financial statements of a subsidiary, branch, or joint venture operating in a foreign country.
These entities may prepare their financial statements in the local currency, which then need to be translated to the domestic currency of the parent company for consolidation and reporting purposes.
When converting the financial statements, a company must consider the functional currency, which is the primary currency in which the entity operates, as well as the presentation currency, which is the currency used for reporting purposes.
Two primary methods are used for currency translation: the current rate method and the temporal method. These methods help to maintain the integrity of the financial statements while accurately reflecting the financial performance and position of the foreign entity.
In conclusion, the financial statements that need conversion from a foreign currency to a domestic currency could belong to a subsidiary, branch, or joint venture operating in a foreign country.
This conversion is necessary for consolidation and reporting purposes, and appropriate methods like the current rate method or the temporal method should be applied for accurate financial representation.
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how do chickens lay chicken nuggets
Answer:
They dont lay chicken nuggets.
Explanation:
The chicken is prepared using the white meat of the bird's breast or pectoral muscles mixed with other parts of the chicken. Tendons, bones, nerves and connective tissue and fat can be combined into bite-sized pieces.
Answer: They don't
Explanation: If they lay a single chicken nugget, it's gonna get themselves killed
Herm promises to pay Nixie to work as an assistant buyer for his Organic Foods stores. Nixie agrees and quits her job with Pic-U Grocery, but Herm does not hire her. Herm is most likely liable to Nixie under
Answer:
the job that he works at
Explanation:
he quit
Herm is most likely liable to Nixie under the doctrine of promissory estoppel.
What are Organic Foods?The manner agricultural products are cultivated and processed is referred to as "organic." While rules differ from nation to nation, in the United States, organic crops must be grown without the use of synthetic fertilizers, pesticides, herbicides, or fertilizers, as well as without the use of bioengineered genes.
Produce can be referred to as organic if it was grown on soil without any prohibited substances applied for three years prior to harvest, according to certification. The majority of synthetic fertilizers and insecticides are prohibited substances.
Produce grown organically uses fewer pesticides. In conventional agriculture, synthetic fungicides, herbicides, and insecticides are frequently utilized, and their residues stay on (and in) the food we eat.
Hence, Herm is most likely liable to Nixie under the doctrine of promissory estoppel.
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Sometimes applicants are not hired solely because of a wrong impression the employer received during the interview.
Please select the best answer from the choices provided
OT
OF
The correct answer is T (True)
Explanation:
In the process of hiring a new employee, there are many factors employers consider such as experience, knowledge, communicational skills, among others. Besides this, one of the factors that influence employers in this process is the impression they have about candidates. For example, a candidate without enough experience or knowledge might still be hired if the employer had the impression that the candidate is willing to learn and is interested in the job. In the same way, applicants with enough experience and knowledge might not be hired if the employer has a negative impression of them. Thus, it is true some applicants might not be hired only because of a wrong or negative impression the employer had about them during the interview.
Answer:
true
Explanation:
QUESTION 33 If a bank receiving a new deposit of $200,000 would be able, as a result, to increase their lending by at most $120,000, then the required reserve ratio equals. a 4% b.40% c.25% d.50%
QUESTION 34 Which of the following helps explain how the multiplier and crowding-out effect impact the size of the shift in aggregate demand from a tax change a Tux costs consumer spending, canings and profits, which further stimulates consumer spending the multiplier effect b. The higher income leads to an increase in the demand for money, which tends to lead to higher rates c The higher interest rates make borrowing more costly and reduce investment spending the crowding out effect d All of the above QUESTIONS 35
Assume that the reserve requirement is 20 percent First National Bank has vault cash and posts with the Fed of an and secures of $300 on and out of 5400 million Ft National a. could exceed a maximum of $40 million of additional losses
b.could exceed a maximum of $30 million of additional losses c. is not in a position to exceed additional losses d.could exceed a maximum of $10 million of additional losses QUESTION 36 Which of the following is an example of pure market economy?
a United States
b Switzerland c Singapore d. No has a pure market economy
Question 33:The maximum increase in lending for the new deposit of $200,000 is $120,000. We know that required reserve ratio equals to the maximum amount that banks can lend out, which is 60% of the deposit amount. Thus, 60% of $200,000 equals $120,000.
Therefore, the answer is a. 4%.Question 34:The correct option that helps explain how the multiplier and crowding-out effect impact the size of the shift in aggregate demand from a tax change is (d) All of the above. Both the multiplier effect and crowding-out effect can impact the size of the shift in aggregate demand. For example, a tax cut can increase consumer spending and further increase incomes, profits, and production levels, leading to the multiplier effect. On the other hand, higher interest rates due to the tax cut can increase the demand for money, which further results in higher interest rates, causing the crowding-out effect.
Therefore, (d) All of the above is the correct answer.Question 35:Given that the reserve requirement is 20%, the bank's vault cash and deposits with the Fed are $540 million and $300 million, respectively. Therefore, the bank's excess reserves are $240 million ($540 million + $300 million - 20% of $840 million). As the bank has $240 million in excess reserves, it could lend out a maximum of $240 million. Thus, the bank is not in a position to exceed additional losses. Therefore, the answer is (c) is not in a position to exceed additional losses.Question 36:No country has a pure market economy. A pure market economy is an economic system where all economic decisions are taken based on the forces of supply and demand, with no government intervention. However, no country in the world has a pure market economy. Every country has some form of government intervention in their economy. Therefore, the correct answer is (d) No has a pure market economy
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How are subsidies similar to tariffs? a. Both are types of taxes.
b. Both aim to lower the price of domestic goods. c. Both are types of tax breaks and financial assistance. d. Both allow domestic goods to compete against foreign goods.
Both subsidies and tariffs can help domestic goods compete against foreign goods, although they achieve this in different ways. Therefore, option d is correct.
What is subsidy?A subsidy is a financial benefit given by the government to individuals or businesses to support their activities or products. It is a form of financial assistance provided by the government to encourage the production or consumption of certain goods or services. Subsidies are usually provided in the form of cash payments or tax breaks, and they are intended to reduce the cost of production or consumption for the recipient.
Subsidies are often used to support industries that are deemed important to the economy or national security, such as agriculture, energy, or defense. They can also be used to promote social or environmental objectives, such as reducing carbon emissions or improving public health.
What is tariff?A tariff is a tax or duty that a government imposes on imported or exported goods. Tariffs are typically used to protect domestic industries by making imported goods more expensive, thereby making locally produced goods more competitive.
Tariffs can also be used as a source of revenue for governments. The amount of the tariff can vary depending on the type of product being imported or exported, and can be based on a percentage of the product's value or on a specific amount per unit. Tariffs can have significant effects on international trade and can be a contentious issue in trade negotiations between countries.
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