A client makes an earnest deposit of $1,500 on a $15,000 property, so she withdraws her provide before the vendor settles for it. The broker is chargeable for doing away with the earnest by returning it to the client.
An assignment of contract involves transferring a true estate contract from an inventive party (also called the $64000 estate distributer or assignor) to a brand new party (also called the assignee).
The assignment could be a legal term whereby a private, the “assignor,” transfers rights, property, or alternative edges to a different called the “assignee.” this idea is employed in each contract and property law. The term will see either the act of transfer or the rights/property/benefits being transferred.
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what event caused the us to shift its focus from foreign expansion and markets to domestic affairs by the 1860s?
The Civil War and Reconstruction aused the us to shift its focus from foreign expansion and markets to domestic affairs by the 1860s.
Reconstruction is the time period (1865–1877) that followed the American Civil War, during which efforts were made to address the injustices of slavery and its political, social, and economic legacies as well as to find solutions to the issues brought on by the readmission to the Union of the 11 states that had seceded at or before the war's outbreak. Reconstruction was once widely perceived by historians as a period when vengeful Radical Republicans imposed Black supremacy on the victorious Confederacy, but since the late 20th century, this perception has changed to one that more favourably portrays it as a laudable example of interracial democracy. America's political landscape underwent significant shifts during reconstruction.
The federal government's structure and the meaning of citizenship in America were permanently transformed at the national level by new laws and constitutional amendments. The Republican Party came to power in the South with the help of a politically active Black population and white supporters, which led to a redefining of the roles of government.
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differential chemical produced 11,250 gallons of preon and 30,000 gallons of paron. joint costs incurred in producing the two products totaled $7,300. at the split-off point, preon has a market value of $8.00 per gallon and paron $2.00 per gallon. compute the portion of the joint costs to be allocated to preon if the value basis is used.
If the value basis is applied, Preon will get $4500 of the shared costs.
How to calculate portion of the joint cost?Joint costs are expenses spent when two products are purchased or produced at the same time. In terms of cost accounting.
Joint costs have the same cost object. Below is a breakdown of the combined cost for Preon allocation.
where,
Total joint cost = $7,500
Preon cost = 10,000 gallons × $6 per gallon = $60,000
And, the total cost is
= 10,000 gallons × $6 per gallon + 20,000 gallons × $2 per gallon
= $60,000 + $40,000
= $100,000
So, the allocated cost equal to
= $7,500 × ($60,000 ÷ $100,000)
= $4,500
Therefore the portion of the joint costs to be allocated to Preon if the value basis is used $4500
The complete question is : Differential Chemical produced 10,000 gallons of Preon and 20,000 gallons of Paron. Joint costs incurred in producing the two products totaled $7,500. At the split-off point, Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. A. $2,500. B. $3,000. C. $4,500. D. $5,625. E. $1,500.
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in the early stages of planning, the project planner should attempt to specify completion dates only for major employees within the project. true false
In the early tiers of planning, the project planner need to attempt to specify completion dates solely for major employees within the project. Planners need to estimate the effort required to whole every task, subtask, or action step.
What does a challenge planner do?A mission planner is a committed team member committed to planning and monitoring a couple of initiatives from commencing to end. They're accountable for determining: Project scope. Schedules, costs, and assets to make certain the task stays stays on tune and under budget.
While a undertaking manager handles a project's entire cycle, from inception to results, undertaking planners normally focal point on the planning and monitoring phases of a project.
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Only 30% of family companies make it to the second generation after being owned by the first. Only 12% of the second generation make it to the third.
Lack of Financial Education among Heirs: This leads to bad judgment and puts the family's wealth in tremendous danger. Families that neglect to instill in the next generations a feeling of accountability, stewardship, history, and family values ultimately fail their company.
Only around 30% of family firms are still in operation after the second generation, only about 12% are still operating after the third generation, and only about 3% of all family enterprises are still in operation by the fourth generation, according to The Family Firm Institute.
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an analyst believes that a stocks return depends on the state of the economy for which she has estimated the following probabilities: according to the analyst's estimates, the expected return oof the stock is?
An analyst has calculated the following probabilities because she thinks the health of the economy affects how much money a stock will return: According to the analyst's estimates, the expected return of the stock is 14%.
What is return on stock investment?By dividing the investment's profit by its cost, the return on investment is determined.ROI is determined by deducting the investment's original cost from its end value, dividing the result by the investment's cost, and then multiplying the result by 100.Companies pay out dividends to shareholders in the form of a quarterly payment for each share they own. The investors receive a stream of revenue as a result. You must own firm shares prior to the ex-dividend date in order to collect the dividend.When ROI computations result in a positive number, net returns are positive. However, when ROI calculations provide a negative number, it indicates that overall costs have outweighed total returns, resulting in a negative net return.To learn more about return of stock refer :
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john deere relies on hundreds of vendors to produce component parts for its farm equipment. this illustrates which secret of small business success?
This illustrates the secret of a small business success as A symbiotic relationship exists between small and large businesses.
Small enterprises, such as companies, partnerships, or sole proprietorships, are businesses that have fewer employees and/or lower yearly revenue than businesses of a typical size. These types of businesses need four key elements to be successful: a product, a market, money, and people.
Additionally, experience and education are also essential for success, as one needs to understand their product but cannot solely rely on expertise. The four primary types of business entities for small enterprises are the LLC, the corporation, the partnership, and the sole proprietorship. With the right combination of these elements, small enterprises can become successful.
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A firm's budgeted sales for the month of September is 10,000 units, for the month of October is 12,000 units, and for the month of November is 14,000 units. The budgeted ending inventory must equal 25 percent of the next month's sales. Based on the given information, the production budget for the month of October is _____ units.
Based at the given statistics, the manufacturing price range for the month of October is 12500 devices.
The required details for production budget in given paragraph
The manufacturing price range calculates the wide variety of devices of merchandise that should be manufactured, and comes from a aggregate of the income forecast and the deliberate quantity of completed items stock to have on hand (typically as protection inventory to cowl for sudden will increase in demand). The manufacturing price range is usually organized for a "push" production system, as is utilized in a cloth necessities making plans environment. The manufacturing price range is usually supplied in both a month-to-month or quarterly format. The fundamental calculation utilized by the manufacturing price range is:
+ Forecasted unit income
+ Planned completed items finishing stock balance
= Total manufacturing required
- Beginning completed items stock
= Products to be manufactured
It may be very hard to create a complete manufacturing price range that carries a forecast for each version on a product that a corporation sells, so it's far normal to mixture the forecast statistics into extensive classes of merchandise which have comparable characteristics.
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which of the following gift transactions requires the filing of a gift tax return? a man pays $100,000 directly to a hospital to pay the medical expenses of his best friend. a husband gives his wife a house with a fair market value of $3 million. an uncle gives his niece $5,000 in cash. a father gives his son $16,000 in cash and his spouse agrees to gift splitting.
The following gift transactions requires the filing of a gift tax return is :
A father gives his son $16,000 in cash and his spouse agrees to gift splitting.
What is meant by tax return ?A tax return is one or more forms submitted to a taxing body that include earnings, outlays, and other crucial tax data. Tax returns give taxpayers the option to determine their tax liability, plan out their tax payments, can request reimbursements for any additional taxes they paid that weren't necessary.
Since the government is the one that prints the money, returning some of it to the issuer by paying taxes is the same as returning the money.
Although they are not the same thing, tax refunds and tax returns are connected. For instance, your tax refund may increase depending on the credits and deductions you claim. Additionally, if you need to get your anticipated refund quickly, filing online and well in advance of the due date will help.
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financial statements express each item as a percent of a base amount. the base amount is assigned a value of 100%.
Common size financial statements express each item as a percent of a base amount. the base amount is assigned a value of 100%.
What is the main purpose of common size financial statements?
A company’s performance throughout many periods with different sales numbers can be analyzed and compared with the use of financial statements of a common size. The performance of the company in relation to the industry can then be assessed by comparing the common size percentages to those of rivals.
What are the 4 common financial statements?
The balance sheet, income statement, cash flow statement, and statement of owner’s equityare the four forms of financial statements that might be vital in assisting you in reaching your financing objectives whether you’re seeking for investors for your company or want to apply for loans.
What are the two main objectives of common size statement?
Common-size income statements have three main goals:
to examine trends in various revenue and expense items, to research changes in individual profit and loss statement items, and to evaluate the effectiveness of the business.To know more about common size financial statements:
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I understand that the question you are looking for is:
_______ financial statements express each item as a percent of a base amount. the base amount is assigned a value of 100%.
discuss why football scholarships might represent a lower cost to a college athletic program than is typically reported by official budgets?
Many student-athletes come from low-income families or, in some cases, no family at all. A sports scholarship might spell the difference between success and homelessness for some. The economic gap is difficult to confront, and academic and sports programs prioritize supporting younger generations with equalization.
football scholarshipsA football scholarship (soccer) allows individuals to play football in the United States while also pursuing an internationally recognized university degree. A soccer scholarship can assist establish a foundation for future success whether you want to pursue a career in soccer or another sector of expertise.
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what sets the ceiking for product prices break even volume variable costs customer perceptions of the products
Customer's perception of product value sets the ceiling for product prices.
Customer's perception of product value is an important factor in determining whether or not a purchase is made. If a customer perceives a product to be of high value, they are more likely to make a purchase. On the other hand, if a customer perceives a product to be of low value, they are less likely to make a purchase.
There are a number of factors that can influence a customer's perception of value, including the price of the product, the quality of the product, and the customer's personal preferences.
Hence, the correct option is "D".
The question is incomplete, the complete question is:
What sets the ceiling for product prices?
A. Variable costs
B. Sellers' perceptions of the product's value
C. Break-even volume
D. Customer's perception of product value
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of all the new jobs created during the past two decades, how many of them require education beyond high school?
one third of them require education beyond high school.
Why is education beyond high school important?According to Meghann Bratton, M.A., a certified school counsellor at Lake Howell High School, postsecondary education is crucial because it may lead to kids having more employment options, earning more money, and having room to advance in their chosen professions.Prerequisites, durations, and criteria differ for associate, bachelor's, master's, and doctorate degrees. The four types of college degrees are associate, bachelor, master, and doctorate. Each level of a college degree has different lengths, specifications, and results.In 1973, just 28% of employment in the United States needed education above a high school diploma; by 2025, nearly two out of every three positions in the country will.Only 40% of prospective applicants have a degree, despite the fact that 75% of new jobs demand one.Learn more about high school education refer to :
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What was one effect of these actions on the united states? question 5 options: the signing of the treaty of guadalupe hidalgo international criticism of the monroe doctrine the expansion of manufacturing increased profits from international commerce.
One effect of these actions on the United States was the international criticism of the Monroe doctrine. Option B.
What was the Monroe doctrine?The Monroe Doctrine eventually became a cornerstone of American foreign policy, while being at first ignored by the European superpowers. In 1823 U.S. James Monroe declared the United States to be the defender of the Western Hemisphere and forbade other European nations from acquiring more lands in the Americas.
The United States would pledge not to get involved in conflicts between European powers and to refrain from meddling in the internal affairs of European states. 2. The United States would acknowledge the current European colonies in the Western Hemisphere and refrain from meddling in their internal affairs.
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The process of allocating the cost of a natural resource to a period when it is consumed requires a debit entry to the account.
a. True
b. False
The statement given is true that The process of allocating the cost of a natural resource to a period when it is consumed requires a debit entry to the depletion expense account.
Is accumulated depletion an expense account?
The amount of depletion expense that has accumulated over time in connection to the utilization of a natural resource is known as accumulated depletion. On the balance sheet, this sum is listed as a counter account alongside the asset representing the natural resource.
What account is depletion expense?
An expense for depleting natural resources is deducted from profits. In the mining, forestry, and oil and gas industries, where exploration and development costs are capitalized, depletion is most frequently utilized as a rational method for allocating these costs to expenses.
Is depletion expense a contra asset account?
Depreciation expense is recorded as a non-cash expense on the income statement, which lowers the company’s net profits. The balance sheet’s counter asset account records accumulated depreciation, which lowers the reported gross value of fixed assets.
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I understand that the question you are looking for is:
The process of allocating the cost of a natural resource to a period when it is consumed requires a debit entry to the depletion expense account.
True
False
if a farmer is granted a loan that will be paid over 3 years of fully amortized quarterly payments and there is a contractual rate of 12%. what is the apr?
The effective rate is 21.94%, if farmer is granted loan with contractual rate of 12% and monthly payments will be made for 3 years fully amortized.
What is a loan?Lending is a term used in the field of finance to describe the lending of money by one or more individuals, businesses, or other entities to other individuals, businesses, or other entities. The recipient incurs a debt, and typically is liable for paying both the principal borrowed as well as interest on that obligation until it is repaid. The interest that lenders earn encourages them to make loans. A legal loan's loan covenants have the authority to place extra constraints on the borrower in addition to enforcing each of these responsibilities and restrictions by contract. Despite the fact that this article is primarily about financial loans, practically anything can be lent.
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According to IT's About Business 5.3, Africa collaborated with ________ to stop the Ebola virus outbreak in 2013 and 2014.
According to IT's About Business 5.3, Africa collaborated with IBM to stop the Ebola virus outbreak in 2013 and 2014.
What is IBM known for?IBM is best known for manufacturing and selling computer hardware and software, as well as cloud computing and data analytics. The company has also served as a leading research and development company for many years with key inventions such as the floppy disk, hard disk drive and UPC barcode.
How did the Ebola virus originate?The Ebola virus is introduced into the human population through contact with the blood, organs, or other bodily fluids of infected animals. The first human case of Ebola virus disease in the West African outbreak (2014–2016) was likely transmitted through contact with bats
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in financial planning, what is the process in which a firm periodically compares its actual revenues, costs, and expenses, with its budget?
Answer:
Financial Control
Explanation:
A process in which a firm periodically compares its actual revenues, costs, and expenses with its budget.
The model that precisely specifies the relationship between the nominal rate and the real rate is : R= the real nominal rate; r= the real rate; h= the rate of inflation
The version that exactly specifies the connection among the nominal fee and the actual fee is : R= the actual nominal fee; r= the actual fee; h= the fee of inflation
(1 + R ) = (1 + r) x (1+h)
The required details for nominal rate in given paragraph
Nominal hobby fee refers back to the hobby fee earlier than taking inflation into account. Nominal also can discuss with the marketed or said hobby fee on a loan, with out deliberating any prices or compounding of hobby. Nominal hobby fee refers back to the hobby fee earlier than taking inflation into account. The federal budget fee, the hobby fee set via way of means of the Federal Reserve, is the short-time period nominal hobby fee this is the premise for different hobby costs charged via way of means of banks and economic institutions. To keep away from shopping strength erosion via inflation, traders remember the actual hobby fee, in preference to the nominal hobby fee.
APY (annual percent yield) is the powerful hobby fee which has a tendency to be extra applicable to debtors and creditors than the nominal, or said, hobby fee.
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the effectiveness of a training program designed to encourage employee satisfaction could best be measured by:
The effectiveness of a training program designed to encourage employee satisfaction could best be measured by comparing turnover rates.
A training program for employee satisfaction should include a variety of topics that address the different needs of employees. The program should cover how to handle customer complaints, how to resolve conflict within the workplace, and how to improve communication skills.
Additionally, the program should provide tips on how to create a positive work environment and how to build relationships with co-workers. By covering these topics, the training program will equip employees with the skills they need to be satisfied with their jobs.
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a company has a degree of financial leverage of 1.25 and ebit of $1,000,000. if net income before interest and tax rises 4%, earnings to the stockholder will rise:
The rise in the earnings to the stockholder, given the increase in income before interest and tax would be 5 %
How to find the rise in earnings to stockholders ?The rise in earnings to stock holders would be the rise in the Earnings per share or the EPS.
This amount can be found by using the formula for the Degree of Financial leverage which is :
Degree of financial leverage = Percentage change in EPS / Percentage change in EBIT
The percentage change in EPS is :
= Degree of financial leverage x Percentage change in EBIT
= 1. 25 x 4%
= 5 %
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if a country has a $100 million debt and the interest rate on the debt is 5% and the debt is serviced each year, this would result in:
This situation of country will lead them to pay interest payment of $5 million.
What is debt and debt interest rate?A debt is something that one party borrows from another, typically money. Many businesses and people utilize debt to finance significant expenditures that they would not normally be able to afford. An agreement to borrow money with the need that it be repaid at a later time, typically with interest, is known as a debt arrangement.
Debt Interest is the sum of the Corporation's net debt (defined as funded debt plus the average outstanding revolver balance as of the Original Issue Date in accordance with the Corporation's five-year business plan, net of cash) and the Corporation's minority interest value as of the Original Issue Date.
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the primary purpose of relationship-oriented leadership behavior is to ensure that people, equipment, and other resources are used in an efficient way to accomplish the mission of a group or organization. t or f
The given statement ''the primary purpose of relationship-oriented leadership behavior is to ensure that people, equipment'' is false.
What is relationship oriented leadership?Relationship-oriented leadership, sometimes referred to as people-oriented leadership, is concerned with fostering and energizing connections within teams or work groups. Relationship-focused leaders place a high priority on fostering a positive work environment, a cohesive team, and the happiness of both the individual and group members.An approach to classifying leadership philosophies is by considering the worth of each person. When delegating work, the manager adopts a relationship-based leadership style by considering the abilities, traits, and objectives of each employee.Successful leaders engage in four main relationship-focused behaviours. These actions serve to encourage, advance, acknowledge, and communicate with others (Yukl, 2006). (Derue, 2011).Learn more about relationship oriented leadership refer to :
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An international treaty banning the import of diamonds is most likely to hurt the country of?
By implementing tariffs and import restrictions, governments reduce excessive import activity.
How does an import appear?An import is any product that is produced overseas and brought into another country. For instance, from an American perspective, if a Belgian company manufactures chocolate and distributes it in the US, it would be regarded as an import.
What is the importation process?Normally, the process for export and import entails making sure that licensing and compliance are in place just before shipping of goods, making plans for transport and storage after the goods have been unloaded, and obtaining customs as well as paying taxes even before goods are released.
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lumpkin company sells lamps and other lighting fixtures. the purchasing department manager prepared the following inventory purchases budget. lumpkin’s policy is to maintain an ending inventory balance equal to 10 percent of the following month’s cost of goods sold. april’s budgeted cost of goods sold is $40,000.
Lights and some other lighting systems are available from Lumpkin Corporation. The manager of the purchasing department created the following inventory purchase budget of $35,500.
How are inventories determined?
Inventory refers to the entire collection of goods, materials, products, and commodities that a company has on hand and plans to resell to customers at a profit. Only the newspaper itself will be considered inventory if the vendor drives a vehicle to distribute newspapers to customers. The vehicle will be handled like a priceless asset.
What does an office inventory entail?
The products or supplies that a company plans to sell to customers at a profit are known as inventory. The process of inventory control involves tracking inventory from producers to warehouses and from these locations to a point of purchase. It serves as a crucial supply chain connection.
Briefing:
February.
Desired ending inventory = 10% of March Cost of goods(COGS):
= 10% * 35,000
= $3,500
Inventory needed = COGS + ending inventory
= 32,000 + 3,500
= $35,500
Beginning inventory = January ending inventory = $3,200
Required Purchases = Inventory needed - Beginning inventory
= 35,500 - 3,200
= $32,300
March
Desired ending inventory = 10% of April COGS:
= 10% * 40,000
= $4,000
Inventory needed:
= 35,000 + 4,000
= $39,000
Beginning inventory = February ending inventory = $3,500
Required purchases:
= 39,000 - 3,500
= $35,500
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when the exchange rate for the euro changes from $1.25 to $1.52, then, holding everything else constant, the euro has
Keeping everything else the same, the euro has depreciated when the exchange rate goes from $1.25 to $1.52.
What are exchange rates and their many forms?There are two types of exchange rates: fixed and variable. The country's central bank sets the fixed exchange rate, while the dynamics of market demand and supply set the floating rate. There are four basic types of exchange rate regimes: controlled float, crawling peg, adjustable peg, and pegged (also known as adjustable peg, crawling peg, basket peg). The performance of a nation's trade is significantly influenced by the exchange rate. The relative currency valuations and their volatility, whether influenced by exogenous shocks or policy, frequently have a significant impact on global trade, the balance of payments, and overall economic performance.
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how should the $2.3 million be allocated to each of the loan/investment alternatives to maximize total annual return?
Answer:
-automobile loans = 9
-furniture loans = 11
other secured loans = 12
signature loans = 13
risk free security's = 10
explanation : seek and you shall find
if you need $1,500 to make a down payment on a car next year and interest rates are 6%, the amount of money you need to deposit into the bank this year is
The amount of money you need to deposit into bank this year is $1590.
What is a bank?A bank is a sort of financial institution that grants loans, creates demand deposits from deposits from the general public, and accepts deposits from the public. The bank has both direct and indirect lending activities available through capital markets. Due to their importance to a country's economy and financial stability, banks are subject to strict regulation in the majority of nations. Most countries have institutionalized a practice known as fractional reserve banking, in which banks hold liquid assets that are only a portion of their current liabilities. In addition to other laws aimed at guaranteeing liquidity, banks are often required to maintain a specific level of capital based on the Basel Accords, an international set of capital norms.
Amount of money= 1500*106%= $1590
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Answer:
1415.09$ 1415.09*10.6=1500
Explanation:
true or false: personal selling and customer service are important in both domestic and international markets.
It is true that personal selling and the customer service are important in both domestic and the international markets.
What is personal selling?When a salesperson meets with a potential client to seal a deal, they are engaging in personal selling. Many salespeople follow a sequential sales process that typically has nine steps. For the entirety or a portion of the sales process, some salespeople write scripts. The sales process can be applied to telemarketing as well as in-person interactions. Personal selling can be defined as the direct, one-on-one engagement between a salesperson and a potential customer, during which the latter learns about the latter's needs and strives to address them by giving the customer the chance to purchase something valued, such as a good or service. The expression can also be used to describe a situation in which a company uses its sales force as one of its main channels for communicating with its customers.
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a measurement of how much a person or household owns once all debts have been paid.
Wealth, A measurement of how much a person or household owns once all debts have been paid.
What is the measure of wealth?
The most widely used indicator of wealth is net worth, which is calculated by adding up the market values of all of an individual’s tangible and intangible possessions, then deducting any debts.
What are the three types of wealth?
Personal property, such as homes or cars, financial savings, such as the accumulation of prior income, and capital wealth, which consists of income-producing assets like real estate, stocks, bonds, and enterprises,are the three main categories into which wealth can be divided.
Is GDP the measure of wealth?
GDP is in no way a measure of “wealth.” It serves as a gauge of revenue. It is a “flow” measure that looks backwards and gives you the value of the goods and services generated during a specific time period. It doesn’t tell you whether you can produce the same volume again the next year.
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if foreigners want to buy more u.s. bonds, then in the market for foreign-currency exchange the exchange rate:_____.
if foreigners want to buy more u.s. bonds, then in the market for foreign currency exchange the exchange rate the demand for dollars in the market shifts right.
To promote saving during the Great Depression, President Franklin D. Roosevelt signed legislation on February 1, 1935, allowing the U.S. Department of Treasury to sell a novel form of asset known as the savings bond. A month later, the $25 face value first Series A savings bond was released onto the market. They were promoted as a risk-free investment that anybody could buy. Over the subsequent several years, bonds in Series B, C, and D were issued.
In the years leading up to the United States' entry into World War II, Series E bonds, often known as Defense Bonds, were a significant source of funding. Roosevelt bought the first Series E bond from Treasury Secretary Henry Morgenthau Jr. on April 30, 1941; the following day.
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