for each of the following scenarios, indicate whether the individual made a correct choice or an incorrect choice when preparing a budget. correct choice incorrect choice nathan is a sales rep who, based on last year, averaged $2,200 of monthly commission before taxes. he should include this in his budget. stella was just notified that her contribution to the company’s health plan is increasing by 3.5%. it’s a company expense, so stella doesn’t include it in her budget. as sam was reconciling his checkbook, he realized that he incurred $13.25 last month for atm withdrawals. he looked back at the last six months and realized that he averaged the same amount each month. this is an unexpected expense and shouldn’t be listed in his budget. every year the wus buy a big item or take a trip with a single annual bonus barb receives. they included this in their budget.

Answer and Explanation:

Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.

Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.

The given statement, In recent years, the economies of the world's nation-states have become less intertwined as a result of international trade is False.

Because Globalization has allowed the free flow of goods, services, capital, and labor across borders, which has led to increased economic interdependence among the world's nations. International trade has been the major driver of economic integration, as it has enabled countries to specialize in the production of certain goods, while relying on imports for others.

This has allowed for greater efficiency and productivity, as well as lower prices for consumers. Additionally, the increased interconnectedness of the world economy has opened up new opportunities for trade, investment, and technological transfer, further integrating the global economy. The result of this increased economic interdependence is that the world's economies are now more tightly linked than ever before.

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The correct option is c. would not be included in GDP because they are transfer payments.

A subsidy is a type of financial help or support provided to the financial sector only with main objective of fostering social and economic advancement.

Thus, the government might offer subsidies to promote the creation of small enterprises; but, because these subsidies are transfer payments, they are not counted towards GDP.

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Each scenario should be matched to the factors that affect the labor market as follows:

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

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Explanation:

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The closed-end premium is not one of the variables that determine a lease payment.

Lease payments are typically calculated based on four variables: the money factor, the length (term) of the lease, the capitalized cost (or selling price) of the vehicle, and the residual value. The closed-end premium is not a factor that directly affects the calculation of lease payments.

Since the closed-end premium is not one of the variables, there is no specific calculation or formula associated with it in the context of determining lease payments.

In summary, the closed-end premium is not one of the variables used to calculate lease payments. The other three variables (money factor, lease term, capitalized cost, and residual value) play a role in determining the monthly lease payment amount. Please note that this answer has been generated by the AI model and should be verified with relevant sources or financial professionals to ensure accuracy and currency.

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A promissory note is a written promise to pay a specified amount, usually with interest, either on demand or at a stated future date.

A promissory note is a debt instrument used by the note issuer to promise payment to the payee. The amount promised is ususally a definite amount of money and the date is usally specified. A promissory note is also known as notes payable.

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Answer:

2. What is a hospitality manager?

In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.

3. First, find a good mentor

second Be selective in your hiring

third Focus on leadership, not management

fourth Communicate, communicate, communicate

fifth Listen to your guests

sixth Keep learning

Explanation:

Hope this helps...

Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.

The three basic functions of money are store of value, unit of account, and medium of exchange.

The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.

There are the three basic money functions such as medium of exchange to currency, it was the paper note into the monetary term. Money was the basic purpose of the buying and selling. It was the easily to the store and spend on as per the conveniently.

As a result, the significance of the three basic functions of money are the aforementioned.

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The marginal cost of flying a passenger is $50. So, option A is the correct answer.

The given problem is about the marginal cost of flying a passenger. According to the given problem, The cost of flying a 100-seat plane for an airline is $50,000.And, there are 10 empty seats on a flight. Now, we are asked to find the marginal cost of flying a passenger. To calculate marginal cost, the following formula can be used:

Marginal Cost = Change in Total Cost / Change in Quantity

Let's calculate the marginal cost of flying a passenger for the given scenario:

Total cost of flying a 100-seat plane = $50,000

So, the cost of flying one passenger in a 100-seat plane = 50,000/100 = $500

Also, the cost of flying a 90-seat plane = $50,000 - $5000 = $45,000

Therefore, the marginal cost of flying a passenger is calculated as follows:

Marginal Cost = (Total Cost of Flying a 100-Seat Plane - Total Cost of Flying a 90-Seat Plane) / (100 - 90)Marginal Cost

= ($50,000 - $45,000) / 10 Marginal Cost

= $500 / 10 Marginal Cost

= $50

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The idea that governments should actively protect domestic industries from imports and vigorously promote exports represents protectionism. Protectionism aims to strengthen domestic industry and insulate it from foreign competition through the use of limitations like tariffs. Consider .The president announced a 25% tariff on all imports of steel and a 10% duty on aluminium in May 2018.

Protecting native industry from unfair foreign competition is the goal of trade protectionism. Tariffs, subsidies, quotas, and currency manipulation are the four main instruments of trade protectionism. The goal of trade protectionism is to safeguard a country's crucial economic interests, such as its important industries, goods, and employment opportunities.

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Requirements for formal deliverable acceptance and how to address nonconforming deliverables are usually defined in the project's quality management plan.

A crucial component of project quality management is understanding the conditions for formal deliverable acceptance and how to handle nonconforming deliverables. The quality management strategy for the project will typically define these elements. The quality management plan is a formal document that defines how the project will assure quality and what processes, procedures, and instruments will be utilised to make sure that the outputs match the established quality requirements.

In this plan, the quality assurance and control procedures are described, along with how nonconforming deliverables will be handled and what remedial measures will be done to deal with any problems that may occur. The plan also specifies the requirements that a deliverable must satisfy to be deemed full and acceptable.

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The quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise.

In the macroeconomic model, a union among workers will increase the wage rate, thereby the supply of manufacturing workers will also increase.

This phenomenon is associated with a decrease in the demand and quantity of manufacturing workers.

In conclusion, the quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise if manufacturing workers formed a union.

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The crowding-out effect tends to be stronger when economy B. is at, or close to, full employment.

The crowding-out effect occurs when government spending and borrowing lead to higher interest rates, which in turn reduce private investment. In a full employment scenario, resources are already being utilized at their maximum capacity, and any increase in government spending can lead to higher inflation and limited availability of funds for the private sector.

When the economy is at or near full employment, the labor market is tight, and firms may face difficulty in finding skilled workers. This makes it harder for private businesses to expand, even if they wanted to. Additionally, at full employment, the economy's output is close to its potential, meaning that any further increase in aggregate demand would lead to inflationary pressures rather than a significant increase in output.

In contrast, in a very open economy with a large foreign sector (Option A), crowding-out effects may be mitigated due to the inflow of foreign funds. If the economy has a small net export or foreign sector (Option C), the crowding-out effect might not be as pronounced, but it is not the main determinant. Finally, if the economy has a lot of excess productive capacity (Option D), the crowding-out effect would be weaker since there are idle resources available to accommodate an increase in government spending without causing a significant increase in interest rates.

In summary, the crowding-out effect is stronger when the economy is at, or close to, full employment because of the limited availability of resources and the potential for increased inflationary pressures. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

The crowding-out effect tends to be stronger when the economy Group of answer choices

A. is a very open economy with a large foreign sector.

B. is at, or close to, full employment.

C. has a very small net exports or foreign sector.

D. has a lot of excess productive capacity.

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The authoritative body in the United States that has the primary responsibility for developing accounting principles is The Financial Accounting Standards Board (FASB). Option C is correct.

A self-governing, nonprofit organization that sets accounting and financial reporting guidelines for businesses and nonprofits in the United States in accordance with generally accepted accounting principles (GAAP).

A unified set of accounting guidelines, methods, and standards known as generally accepted accounting principles (GAAP) were released by the Financial Accounting Standards Board (FASB). Public corporations in the United States are required to construct their financial accounts in accordance with GAAP.

Thus in US FASB play a vital role in framing the general purpose structure for accounting & accountancy.

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Suppose that among a group of uninsured people, the only ones who want to buy health insurance are the ones who happen to enjoy bungee jumping . This is an example of adverse selection.

adverse selection also called anti-selection, In business, insurance, and risk management, adverse selection is a market condition in which buyers and sellers have different information. As a result, participants with material information may selectively participate in transactions at the expense of other parties who do not have the same information.

Adverse selection, also known as anti-selection, is used in economics to describe a market process in which buyers or sellers of products or services can use their personal knowledge of the risk factors involved in a transaction to maximize outcomes. and terms used in insurance. at the expense of

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This will assist determine which channels are yielding the best returns and give a better knowledge of the profitability of clients gained through various channels.

Several ways to increase the profitability of consumers acquired through various channels may be available depending on the findings of the acquisition-CLV study. To acquire more consumers with high CLV, it may be a smart plan to invest more in sponsored search, for instance, if the data reveals that customers gained through paid search have a higher CLV than customers acquired through social media.

As an alternative, if the data reveals that customers gained through recommendations have a higher CLV than those obtained through other channels, it could be a wise move to engage in referral programs to entice current customers to refer their friends and family

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Answer:

2

Explanation:

I think the answer is Graphs, I hope this helps

Three different ways an entrepreneur can finance a new business venture are:

1. Personal Savings

2. Loans and Credit

3. Angel Investors and Venture Capital

1. Personal Savings: Many entrepreneurs initially finance their business ventures using their personal savings. This requires disciplined saving and budgeting to accumulate enough capital to fund the startup costs. By using personal savings, entrepreneurs retain full control over the business and avoid the need to pay interest or give up equity.

2. Loans and Credit: Entrepreneurs can secure financing through various types of loans and credit options. Traditional banks, credit unions, and online lenders offer business loans or lines of credit that can provide the necessary funds. These loans often require a good credit score, a solid business plan, and collateral in some cases. The interest rates and repayment terms vary depending on the lender and the entrepreneur's creditworthiness.

3. Angel Investors and Venture Capital: Another option for financing a new business venture is to attract angel investors or venture capitalists. These individuals or firms are willing to invest in promising startups in exchange for equity or ownership stakes. Angel investors are typically individuals who provide early-stage funding, while venture capitalists are professional investors who focus on high-growth potential startups. In addition to funding, they often bring industry expertise, mentorship, and valuable connections to help the business succeed.

Entrepreneurs have several financing options to consider when starting a new business venture. Personal savings, loans and credit, and attracting angel investors or venture capitalists are three common ways to secure the necessary funds. The choice of financing method depends on factors such as the entrepreneur's financial situation, creditworthiness, and willingness to share ownership or control of the business. It is important for entrepreneurs to carefully evaluate each option and consider the long-term implications before making a decision.

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To prepare the sales budget for the company's luggage sets, we need the expected sales volume and selling price per unit. For the month of [Month 1], the company expects to sell [Number of Luggage Sets] sets at a price of [Price per Luggage Set].

For the month of [Month 2], the company anticipates selling [Number of Luggage Sets] sets at a price of [Price per Luggage Set]. To prepare the sales budget, we consider the expected sales volume and selling price per unit for each month.

Sales Budget for [Month 1]:

Expected sales volume: [Number of Luggage Sets]

Selling price per unit: [Price per Luggage Set]

Total sales revenue: [Number of Luggage Sets] x [Price per Luggage Set]

Sales Budget for [Month 2]:

Expected sales volume: [Number of Luggage Sets]

Selling price per unit: [Price per Luggage Set]

Total sales revenue: [Number of Luggage Sets] x [Price per Luggage Set]

It's important to note that the specific numbers for the expected sales volume and selling price per unit are missing in the question. Please provide the actual values for [Number of Luggage Sets] and [Price per Luggage Set] to complete the sales budget calculation accurately. Once the numbers are provided, the sales budget can be calculated by multiplying the expected sales volume by the selling price per unit for each month, resulting in the total sales revenue.

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Answer:

Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.

Explanation:

on e2020

Answer:

Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.

Explanation:

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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Answer:

There was a U.S corporation called El Pupo that specialized in trafficking bananas. Bananas reached America in the early 1500’s. By the end of the 1800’s, bananas were a big hit in the U.S. Because U.S fruit companies wanted to grow their own bananas, they bribed government officials into giving them access to various lands. Rainforests were cleared, plantations were built, and the business escalated from there. Explanation: For anybody who still needs it. I got a 10/10. Just switch the words around a bit and you should be good.

Answer:

A. CPAs work for government agencies and corporations.

Explanation:

Certified public accountant (CPA) is the title for skilled, competent, and professionally trained accounts. Accountants play a significant role in any organization's success, be it a business-oriented, government institution, or not-for-profit organization. Employers seek and employ qualified and certified accountants to work in their organizations.

Both the public and private sector engage the services of certified account to take charge of accounting and financial management. The objective is to ensure that financial transactions are recorded correctly, and the financial statement reflects the true picture of the organization as per the generally accepted accounting principles.

Answer:

bank loans help the nation's economy because : They allow businesses to expand and improveMany businesses often failed to expand their businesses because they do not have enough capital to do so, and bank loan help solve this problem

hope this helps

Explanation:

Answer:

They allow businesses to expand and improve.

Explanation:

e2020