In Santa Barbara, Private Investment is 30 percent of GDP, and Private Saving is 25 percent of GDP. The Government is running a 4 percent fiscal surplus. We are therefore expecting a current account balance of: (1) 1 percent, (11) 7 percent, (iii) zero percent, (iv) negative 1 percent, (v) negative 7 percent.
Looking at the national accounts for GDP, would you describe what has happened to the labor income share over time? Is there a way to account for these trends?
Answers
The expected current account balance can be found by adding private savings and the fiscal balance then subtracting private investment from the sum.
Private Investment is 30 percent of GDP and Private Saving is 25 percent of GDP.
The Government is running a 4 percent fiscal surplus. To calculate the current account balance, add the fiscal surplus and private savings, then subtract private investment:
4% fiscal surplus + 25% private savings = 29% 29% - 30% private investment = -1%
The expected current account balance is negative 1 percent, meaning that the country is a net debtor to the rest of the world.. Option iv is correct.
Looking at the national accounts for GDP, the labor income share has generally decreased over time. The income share for labor has been declining since the 1970s, with most of the income gains going to owners of capital.
This trend has been observed across many countries and is often referred to as the "capital share increase."
Several factors may account for this trend, including globalization, technological advances, and changes in labor market institutions.
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Related Questions
A U. S. Firm sells merchandise today to a British company for pound£ 150,000. The current exchange rate is $1. 55/pound£ , the account is payable in three months, and the firm chooses to avoid any hedging techniques designed to reduce or eliminate the risk of changes in the exchange rate. If the exchange rate changes to $1. 52/pound£ the U. S. Firm will realize a ________ of ________.
A. Loss; $4,500
B. Loss; pound£ 4,500
C. Gain; pound£ 4,500
D. Gain; $4,500
Answers
If the exchange rate changes to $1. 52/pound£ the U. S. Firm will realize a loss of $4,500. The correct option is A.
A U. S. Firm sells merchandise to a British company for pound£ 150,000.
$1.55/pound£ x pound£150,000 = $232,500
At the exchange rate changes of $1.52/pound£ at the time of payment in three months
US firm will receive
$1.52/pound£ x pound£150,000 = $228,000
Difference in the amount received due to the change in exchange rate
\(232,500 - 228,000 = $4,500\)
=$4,500
Due to the change in exchange rate the US firm will realize a loss of $4,500. The correct option is A.
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Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?
Answers
Answer and Explanation:
The computation of the equilibrium wages and the number of workers in each industry is as follows:
Since the supply of labor is 6,000
As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b
So, the equilibrium wage would be $8
Hence, the same would be considered and relevant too
Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answers
Answer:
Saving money allows you to set more aside in an Emergency fund.
income tax is an example of
Answers
Income tax is a typical example of a direct tax.
What is a direct tax?Income tax is imposed directly on the income of the individual or company. It takes into consideration the individual's or company's circumstances or level of income. As a direct tax, income tax can be based on any of these taxation systems: progressive, proportional, or regressive.
Thus, income tax is an example of a direct tax.
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Most managers have a true office with a door that closes them off from the rest of the employees in the office. Which is a disadvantage to the manager as a result of this environment?
Answers
Full question:
Most managers have a true office with a door that closes them off from the rest of the employees in the office. Which is a disadvantage to the manager as a result of this environment?
(A)the inability to observe employees closely
(B)the prevention of discussing confidential information
(C)the ability to hold small group meetings
(D)the privacy needed for hiring or firing employees
Answer:
(A) the inability to observe employees closely
Explanation:
By isolating themselves with the employees, the managers created a situation where employees could do various activities that is outside their job description without being found out. (such as playing with their phones, browsing through social media, etc).
If they do not create a method to prevent this, it will most likely lead to the reduction of company's overall productivity. One way that the managers can do to still watch over the employees through the closed doors is by installing a camera at strategic locations throughout the room.
Answer:
A: the inability to observe employees closely
The additional $600 unemployment benefit ended on July 25, 2020. Even with the $300 Lost Wages Assistance Benefit, many Texans are being evicted from their homes and cannot provide basic necessities for their family. The unemployment rate is now over 7% in Texas, above our natural rate of unemployment. Did the government make the right decision with ending the extra $600 unemployment benefit from the CARES Act? Why or why not? Explain your position.
Answers
Answer: No they did not at this rate many of the citizens will go bankrupt and the economy will suffer a great lost do to the increase of the unemployment rate
Explanation:
How many people work as box office managers?
Answers
Answer:
hmmm like in the world?
Explanation:
Answer: a valid amount of people
Explanation:
If 25 workers can pick 100 flats of strawberries per hour, then average product is?
Answers
Based on the information provided, 4 per hour is the average product of strawberries per hour.
What is average?The average is defined as the mean value which is equal to the ratio of the sum of the number of a given set of values to the total number of values present in the set.
How do find the average Products?It is output per unit of inputs of variable factors.
Average Product (AP) = Total Product (TP)/ Labour (L).
It is defined as the output per unit of factor inputs or the average of the total product per unit of input and can be calculated by dividing the Total Product by the inputs (variable factors).
Given: Total product = 100 flats
Labor(L) = 25 Workers
Now, Average Product (AP) = 100/25
Average Product (AP) = 4
Therefore, the average product of the flats of strawberries is 4(Four) per hour.
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The definition of "gross income" is an important definition in the determination of a person's taxable income, in the following situations, the inclusion of the relevant amount within gross income needs to be determined. all taxpayers are residents of
the republic.
Kylie Monague
carries on business as an author (a writer of books). she writes her books in South Africa. During the 2018 year of assessment, a royalty the equivalent of R10000 accrued to her from the sales, in Zimbabwe, of a book written by her.
ELVIS THAVER
is employed as a salesperson by a retailer, During the 2018 year of assessment the won a prize for being its most productive salesperson of the year. The prize was an all-inclusive, two-week holiday at a seaside resort, valued at R20000 (this amount was also the cost of this prize to his employer)
Answers
(1) There is an exemption or other provisions apply, Kylie's R10,000 royalty income from Zimbabwe would generally be included in her gross income for tax purposes. (2) The value of the holiday prize, R20,000, would need to be included in Elvis Thaver's gross income for tax purposes.
In the determination of a person's taxable income, the inclusion of the relevant amounts within gross income needs to be determined. Let's analyze the two situations mentioned;
Kylie Monague's Royalty Income;
Kylie Monague, as an author, earned a royalty of R10,000 from the sales of her book in Zimbabwe. The key factor in determining whether this amount should be included in her gross income is the source of the income.
Since Kylie writes her books in South Africa and the royalty income accrued from sales in Zimbabwe, it falls under the category of foreign-sourced income. In South Africa, foreign-sourced income is generally taxable for tax residents unless exempted under specific provisions, such as certain double taxation agreements.
Therefore, unless there is an exemption or other provisions apply, Kylie's R10,000 royalty income from Zimbabwe would generally be included in her gross income for tax purposes.
Elvis Thaver's Holiday Prize;
Elvis Thaver, an employed salesperson, won a prize for being the most productive salesperson of the year. The prize was all-inclusive, two-week holiday at a seaside resort, valued at R20,000. The key factor here is to determine whether the prize should be included in gross income.
In South Africa, prizes and awards received by an employee are generally considered taxable benefits and should be included in the employee's gross income. In this case, the holiday prize won by Elvis Thaver would be considered a taxable benefit.
Therefore, the value of the holiday prize, R20,000, would need to be included in Elvis Thaver's gross income for tax purposes.
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which of the following questions could not be answered from the statement of cash flows? multiple choice question. what are the earnings-per-share of common stock? can the company pay its debts? where does a company spend its cash? does the company have the resources to pursue opportunities?
Answers
The following questions could not be answered from the statement of cash flows is the what are the earnings-per-share of common stock.
What is a statement of cash flows?In accounting, a statement of cash flows refers to a financial statement that provides an aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources.
This statement also includes all cash outflows that pay for business activities and investments during a given period.
It breaks down analysis to investing, operating and financing events. It covers up current operating results and accompanying changes in the statement of financial position or balance sheet.
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beta corporation wrote off $100,000 due from a specific client in march. however, this client was able to make a partial payment of $15,000 in june. recording this cash collection will involve all of the following accounts except:
Answers
When recording a partial cash collection of $15,000 from a specific client, all accounts will be involved except for the "Bad Debt Expense" account.
When recording the cash collection of $15,000 from the specific client, several accounts will be involved except for the "Bad Debt Expense" account. The accounts that will be affected include the "Cash" account, which reflects the cash collected, and the "Accounts Receivable" account, which indicates the reduction in the outstanding amount owed by the client.
Additionally, the "Sales Revenue" account will be involved as it records the revenue generated from the partial payment made by the client. However, the "Bad Debt Expense" account is not relevant in this case, as it pertains to the previous write-off of $100,000 from the client in March. Hence, the "Bad Debt Expense" account is not part of recording the cash collection.
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Complete Question:
Beta Corporation wrote off $100,000 due from a specific client in March. However, this client was able to make a partial payment of $15,000 in June. Recording this cash collection will involve all of the following accounts except:
Bad Debt Expense
Accounts Receivable
Cash
Allowance for Uncollectible Accounts
Woodridge Corporation manufactures numerous products, one of which is called Alpha32. The company has provided the following data about this product: Unit sales (a) 90,000 Selling price per unit $ 99.00 Variable cost per unit $ 78.00 Traceable fixed expense $ 1,690,000 Management is considering increasing the price of Alpha32 by 4%, from $99.00 to $102.96. The company’s marketing managers estimate that this price hike would decrease unit sales by 5%, from 90,000 units to 85,500 units. Assuming that the total traceable fixed expense does not change, what net operating income will product Alpha32 earn at a price of $102.96 if this sales forecast is correct? Multiple Choice $556,400 $2,246,400 $444,080 $2,134,080
Answers
The net operating income that product Alpha32 will earn at a price of $102.96 if the sales forecast is correct is $444,080.
Here's how to calculate it:
Current revenue = 90,000 units x $99.00 = $8,910,000
Current variable costs = 90,000 units x $78.00 = $7,020,000
Current contribution margin = $8,910,000 - $7,020,000 = $1,890,000
Current traceable fixed expense = $1,690,000
Current net operating income = $1,890,000 - $1,690,000 = $200,000
New revenue = 85,500 units x $102.96 = $8,799,780
New variable costs = 85,500 units x $78.00 = $6,663,000
New contribution margin = $8,799,780 - $6,663,000 = $2,136,780
Traceable fixed expense remains the same at $1,690,000
New net operating income = $2,136,780 - $1,690,000 = $446,780
The increase in price and decrease in unit sales resulted in an increase in contribution margin and net operating income. Therefore, the correct answer is $2,134,080.
To calculate the net operating income for product Alpha32 at a price of $102.96, we can use the following formula:
Net Operating Income = (Selling Price per Unit - Variable Cost per Unit) * Units Sold - Traceable Fixed Expense
First, let's plug in the values:
Selling Price per Unit = $102.96
Variable Cost per Unit = $78.00
Units Sold = 85,500 (decreased by 5% due to the price increase)
Traceable Fixed Expense = $1,690,000
Net Operating Income = ($102.96 - $78.00) * 85,500 - $1,690,000
Net Operating Income = $24.96 * 85,500 - $1,690,000
Net Operating Income = $2,134,080 - $1,690,000
Net Operating Income = $444,080
So, if the sales forecast is correct, the net operating income for product Alpha32 at a price of $102.96 will be $444,080.
Your answer: C. $444,080
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What is operations management and its role?
Answers
In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.
At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.
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Reading market news by non-U.S-based publications will help:
Answers
Answer:
broadening the investor base and also allowing them to become better integrated into the local business scene.
Explanation:
An archetype is a class or pattern that represents a core abstraction that is critical to the design of an architecture for the target system. Question 2 options: True False Q
Answers
True. An archetype is a fundamental model or pattern that plays a crucial role in the development of an architectural design for a particular system.
It serves as a blueprint that outlines the essential features and components required for the successful implementation of the system. The concept of archetypes is commonly used in software development, where it helps to standardize the design process and ensure consistency across different applications.
By defining a set of archetypes, developers can quickly create new systems that adhere to established best practices, reducing development time and costs. Therefore, archetypes are an essential tool for architects and developers, helping to create efficient and reliable software systems.
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A television commercial for an apparel brand urges viewers to call its toll-free number to place an order, immediately. The commercial announces a free gift hamper to consumers who place an order before midnight. The apparel brand is making use of
Answers
The apparel brand is making use of direct response advertising.
Direct response advertising is a type of advertising that encourages viewers or listeners to take immediate action, such as making a phone call, sending an email, or visiting a website. The goal of direct response advertising is to generate a measurable response, such as a sale, a lead, or a subscription, and to track the effectiveness of the advertising campaign.
In this case, the television commercial is urging viewers to call a toll-free number to place an order for apparel, with the added incentive of a free gift hamper for those who order before midnight. This type of direct response advertising aims to create a sense of urgency and encourage immediate action, while also providing an incentive for consumers to make a purchase.
What is advertising?
Advertising refers to a form of marketing communication that is designed to promote a product, service, or idea to a target audience.
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Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
Answers
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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Which part of the value chain acquires raw materials and manufacturers, delivers, markets, sells, and provides after-sales services?
Answers
The part of the value chain that acquires raw materials, manufacturers, delivers, markets, sells, and provides after-sales services is the Operations stage.
This stage includes all the activities involved in transforming raw materials into finished goods and delivering them to customers. The Operations stage is where the value is added to the raw materials, as they are transformed into the final product. This stage is critical for the success of any business, as it directly impacts the quality and reliability of the final product, as well as the cost and efficiency of production.
Within the Operations stage, there are several sub-stages that include sourcing raw materials, manufacturing, distribution, marketing, sales, and after-sales service. Each of these sub-stages is equally important in ensuring that the final product is of high quality, delivered on time, and meets the customer's needs.
Therefore, it is essential to have a well-defined and integrated Operations strategy that includes all these sub-stages and is aligned with the overall business strategy. By doing so, businesses can create a competitive advantage, improve customer satisfaction, and ultimately drive profitability.
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Which of the following would be considered steps to creating good customer service? choose all that apply. A. make eye contact and greet a customer to show you are available to provide them service as needed B. you should have a good understanding of the product or service you provide, so that if a customer needs assistance, you are able to deliver a satisfactory response
C. smile often, if appropriate, or model the emotion that is suitable to the situation D. none of the above
Answers
Answer:A,B,C
Explanation:
A. Greet a customer and make eye contact to demonstrate your availability to assist them as needed.
B. In order to provide a satisfied response if a consumer requests assistance, you need have a solid understanding of the good or service you offer.
C. If appropriate, try to smile a lot. If not, try to show the proper emotion.
The aforementioned actions would be regarded as first steps in developing strong customer service.
Supporting and promoting customers as they discover, utilize, optimize, and troubleshoot a product or service is known as providing customer service. Additionally, processes help the staff provide excellent customer service. Finding a speedy fix for any one client issue isn't the only goal of customer service. The goal is to establish a long-lasting relationship with the consumer, one in which every interaction provides chances for a deeper, more beneficial involvement.
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What ethical dilemmas do you think professionals in the marketing and advertising industry face? Explain.
Answers
Answer:
knowing how to play on emotions but also not make people feel like terrible human beings?
Explanation:
examining around the region, nation, or world that may not have reached a particular location is one way of identifying business opportunities or gaps.
Answers
Examining the region, nation, or world beyond a particular location is indeed a valuable approach for identifying business opportunities or gaps.
Market Expansion: Exploring other regions or countries can unveil untapped markets with high growth potential. By analyzing demographics, economic indicators, and consumer behavior in different regions, businesses can identify new target markets and tailor their products or services accordingly.
Early Adoption of Trends: By monitoring global trends, businesses can anticipate shifts in consumer preferences, emerging technologies, and regulatory changes. This foresight enables them to adapt their products, services, or business models proactively, positioning themselves as industry leaders and capturing first-mover advantages.
Leveraging Comparative Advantages: Analyzing different regions allows businesses to identify their own unique strengths and how they can leverage them in new markets.
Competitive Intelligence: Examining business landscapes outside of a particular location provides insights into competitors' strategies and offerings in different markets. This knowledge can help businesses identify gaps in the market or areas where they can differentiate themselves to gain a competitive advantage.
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The federal government is proposing to enforce a minimum living wage
Answers
Employers subject to the FLSA but not to the Puerto Rico Minimum Wage Act are required to pay at least the federal minimum salary of $7.25 per hour.
What do you mean by the minimum wage?Minimum wages have been defined as the bare minimum of remuneration that an employer is required to pay wage earners for work performed during a given period, and which cannot be reduced by collective bargaining or individual contracts.
The Act's purpose is to make it a violation of the law for an employer to pay workers in certain categories of employment wages that are less than the minimum wage set by notification under the Act.
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what is marketing management?why is it important?
Answers
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
A management approach in which supply chains are united through a single owner; each supply chain produces a different product or service for the overall goal.
Answers
When one uses partial counterbalancing to deal with carryover effects in an experiment, one assumes that _____.
Answers
When one uses partial counterbalancing to deal with carryover effects in an experiment, one assumes that randomly chosen orders will randomly distribute carryover effects among the treatments.
In partial counterbalancing the number of sequences for a treatment conditions is the minimum number of sequences needed so that each treatment condition occurs each position at least once.
In an experiment, a carryover effect is when the effects of receiving one treatment affect participants in subsequent conditions. One way to minimize carryover effects is through the use of counterbalancing in research, or exposing participants to each condition or treatment in different orders.
Hence, partial counterbalancing is used to deal with carryover effects in an experiment.
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paying cash to buy stocks or bonds of another company is an example of
Answers
Paying cash to buy stocks or bonds of another company is an example of an investment.
When a person pays cash to purchase stocks or bonds of another firm, it is a type of investment. An investor purchases shares in a corporation with the aim of making a profit from the company's growth. Bonds, on the other hand, are debts that the corporation owes and for which it must repay the investor with interest, and this is frequently done when the bond matures.
The primary distinction between stocks and bonds is that stocks represent ownership in a company, whereas bonds represent debt. Because stocks offer the prospect of higher returns and are considered riskier, they are frequently seen as an investment option. Bonds are frequently used as a means of generating income or as a more dependable long-term investment.
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Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answers
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
Which factor does NOT determine the price elasticity of demand?
the slope of the supply curve
the proportion of the budget spent on the item
the time available to adjust to price changes
the number of available substitutes
Answers
The factor that does NOT determine the price elasticity of demand is the slope of the supply curve.
The price elasticity of demand is determined by the responsiveness of the quantity demanded to changes in price, which is affected by factors such as the proportion of the budget spent on the item, the time available to adjust to price changes, and the number of available substitutes.
The proportion of the budget spent on the item is an important factor in determining the price elasticity of demand. When a larger proportion of the budget is spent on the item, the demand tends to be more elastic, meaning that consumers are more likely to adjust their consumption in response to changes in price.
Additionally, the time available to adjust to price changes also affects the price elasticity of demand. When consumers have more time to adjust to price changes, the demand tends to be more elastic.
Finally, the number of available substitutes is also a key factor in determining the price elasticity of demand.
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purchasing and engineering personnel visit suppliers to assess their facilities, capacity, and quality control during which stage in the organizational buying process?
Answers
At the alternative evaluation stage of the organizational buying process, purchasing and engineering staff would visit potential suppliers to evaluate their quality control.
What is the organizational purchase process?The method by which industrial purchasers choose their purchases is referred to as the organizational buying process. Every corporation must buy products and services to maintain its operations, which necessitates a difficult problem-solving and decision-making process. These inputs and outputs within organizations can be as diverse as the resources, information, and personnel.
Processes like new product creation, order fulfillment, and customer support are typical examples. There are two distinct groups of organizational purchasers. These are government, industrial, and reseller. Straight repurchase, modified repurchase, and new tasks are examples of common purchasing scenarios. The simplest scenario is a "straight rebuy," in which an organization just orders the same product or service.
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Which expense category will most likely be changed to allow money for the purchase of a car? savings Which expense category will most likely be changed to allow money for the purchase of a car?
savings
groceries
utilities
entertainmentgroceries utilities entertainment
Answers
Answer:
D. entertainment