The amount of gain or loss that taxpayer is required to declare as a result of the sale on taxpayer's Year 3 tax return is $0. Taxpayer didn't engage in rental activity in any of the three years, therefore it wasn't active and there was no deduction.
What exactly qualifies as active involvement in a rental property?Approving new tenants, setting rental terms, approving expenditures, and other similar actions are examples of management decisions that count as active participation. Active involvement in rental real estate activities is limited to people.
Are losses from passive activities permanently lost if a taxpayer is unable to claim them during the current tax year?The loss can be carried forward until it is utilised or until the investment that produced the loss is sold if your client is unable to deduct a passive loss for the tax year due to a lack of passive income to offset it.
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the following data are available for the south division of manhattan products, inc. and the single product it makes: unit selling price $ 24 variable cost per unit $ 16 annual fixed costs $ 284,000 average operating assets $ 1,540,000 how many units must south sell each year to have an roi of 15%?
64375 units must south sell each year to have an ROI of 15%.
Net operational income evaluates the profitability of an asset that generates income before deducting any costs for financing or taxes.
The majority of investors would view an average yearly rate of return of 10% or higher as a satisfactory ROI for long-term stock market investments.
ROI=Net operating income/Average operating assets
Hence required net operating income=(0.15*1,540,000)=$231,000.
Contribution per unit=Selling price-Variable costs
=(24-16)=$8/unit.
Let number of units be x.
Hence Net operating income=Contribution-fixed costs
=(8x-284,000) which is equal to$231,000.
Hence x=(231,000+284,000)/8
=64375 units.
Therefore, to have an ROI of 15% south should sell 64375 units.
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which of the following is not a gap that makes up the service gaps model? a. knowledge b. delivery c. tangibility d. design and standards e. communication
The "gap model of service quality" does not include "the discrepancy between the service that personnel are educated to offer and the service that they actually deliver." This hole, however, can exist.
The fact that discussions with consumers sometimes entail concerns that transcend organizational boundaries is one of the main challenges posed by provider gap 4. The gaps model of service quality places a strong emphasis on bridging the gap between client expectations and perceptions. The service supplier has complete control over the sources of client expectations. Tangibility, dependability, responsiveness, assurance, and empathy are the aspects. As a result, (e) compassion is not a dimension of service excellence. The communication gap, which reflects the disparity in the levels of understanding, is the fourth gap in the model.
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a company's net sales are $798,640, its costs of goods sold are $443,245, and its net income is $108,595. its gross margin ratio equals:
The formula gross margin ratio is:
Gross Margin Ratio = (net sales-COGS/net sales)*100%
Net sales=$798,640
Costs of goods sold/COGS=$443,245
Net income=$108,595
into
($798,640-$443,245/$798,640)*100%=44,5%
Gross margin is a measure of a company's efficiency in producing goods and generating profits. From an investor perspective, the growth in business or company profits is an important indicator for assessing future prospects.
One indicator that a business or company can be said to be good is through gross margin. Gross margin is also an indicator of how well the product or service provided can be in demand by consumers and can compete with other similar products or services.
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Describe a time when you gave a coworker or customer the wrong information and then learned you made a mistake.
Describe a time when you gave a coworker or customer the wrong information to impress a potential employer, it is not always simple to acknowledge that you made a mistake. Do not be hesitant to bring up a past failing, though, as supervisors are aware that you are only human and that people make mistakes.
Things to Avoid Doing :-
Keep an eye out for these frequent traps when discussing past blunders because they might be challenging.
Do not claim that you have never committed a wrong.Don't spend too much time outlining what went wrong.Don't be evasive about what transpired.Don't forget to mention how it has improved you as an employee.No matter what job you end up taking, there's a good chance you'll make a mistake. What matters is that you are able to grow from your mistakes and improve as a worker as a result.Know more about time here
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the curve here shows the behavior of a new product in a market after its launch and characteristics of different consumers who buy it. what is this concept called? bell curve multiple choice pioneer curve product life cycle strategic adoption curve diffusion of innovation
the curve here shows the behavior of a new product in a market after its launch and characteristics of different consumers who buy it. The curve is known as product life cycle.
The term "product life cycle" describes the period of time between when a product is released onto the market and when it is taken off the shelves. This idea is taken into consideration by management and marketing experts when determining when it is suitable to enhance advertising, lower pricing, enter new markets, or change packaging. Product life cycle management refers to the practise of planning how to support and sustain a product constantly. An idea for a product is the first step in its development, and given the constraints of contemporary business, it is unlikely to proceed further unless it has undergone research and development (R&D) and been determined to be practicable and potentially profitable. After that, the product is created, promoted, and launched.
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what are some of the problems associated with using gdp per capita to compare the quality of life among countries? check all that apply.
The problems associated with using GDP per capita is c. GDP per capita will overstate the prevailing standard of living for the average person in countries with extreme levels of income inequality.
The Gross Domestic Product, also known as GDP, is the monetary value of all the goods and services that a country may create in a specific amount of time. It comes in real and nominal types.
In less developed nations, there is a substantial income difference between the rich and the poor, whereas this gap is lower in industrialized nations. Therefore, comparing less developed and developed countries based on the per capita GDP to compare their living standards will inflate the current standard of life for the ordinary person in the nation with the highest level of income inequality.
Note that the full question is:
what are some of the problems associated with using gdp per capita to compare the quality of life among countries? check all that apply.
a. GDP per capita does not take into account differences in population between countries.
b. GDP is particularly difficult to measure in industrially advanced countries because a much larger percentage of economic activity occurs outside of officially measured market activity than in less-developed countries.
c. GDP per capita will overstate the prevailing standard of living for the average person in countries with extreme levels of income inequality.
d. None of the answers above are correct.
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a business produces 400 items and sells them for $15 each for a total of $6,000. the total cost of producing the items is $4,500 explicit cost and $1,000 implicit cost. economic profit is:
The response is B. The economic gain is equivalent to 500 because it equals 6000 - 4500 - 100. The overall revenue is 6000, the explicit costs are 4500 and the implicit costs are 1000..
Revenue less explicit costs minus opportunity cost equals economic profit (or loss). All costs that are normally accounted for, such as labor costs, material costs, marketing expenses, depreciation, and taxes, are considered explicit costs. A cost that exists without the exchange of money and is not documented for accounting purposes is referred to as an implicit cost. Implicit costs don't indicate a loss of profit; instead, they represent the loss of income. The accounting profit is positive and the economic profit is negative if total revenue exceeds explicit cost but not opportunity cost. the possibility
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an entrepreneurially oriented person who develops innovations within the context of a large organization is a
An entrepreneurially oriented person who develops innovations within the context of a large organization is a Intrapreneur.
An intrapreneur is an employee who is tasked with developing an revolutionary concept or project inside a business enterprise. The intrapreneur might not face the oversized risks or achieve the outsized rewards of an entrepreneur; however, the intrapreneur has access to the resources and abilties of a longtime organization.
Intrapreneurship is the act of behaving like an entrepreneur while running inside a massive agency.
Intrapreneurship is surely entrepreneurship in an present enterprise. in lots of ways, intrapreneurship is less complicated for an man or woman than entrepreneurship because it has the guide of an existing organization.
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When a grocery store accepts your $5 bill in exchange for bread and milk, the $5 bill serves as a:
Select one:
a. medium of exchange.
b. unit of account.
c. store of value.
d. standard of deferred payment.
When a grocery store accepts your $5 bill in exchange for bread and milk, the $5 bill serves as a. medium of exchange.
What is Medium of exchange?
A medium of exchange is a device or system that acts as a middleman in transactions involving the exchange of goods between parties. A system must represent a standard of value in order to serve as a medium of exchange. All parties must concur to that norm as well. Currency serves as the primary means of exchange in modern economies.
The use of a medium of exchange promotes increased trading activity and improves economic efficiency. A trade between two parties in a traditional barter system can only take place if one party has a commodity that the other party wants, and vice versa.
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suppose the u.s. government wants to curtail imports. would it be likely to favor a tariff or a quota to accomplish its objective? why?
It will most likely favor a fee over a fee, since a fee increase revenue for the government while a fee does not.
If a domestic segment or industry is having difficulty competing with international competitors,the government may use tariffs to discourage consumption of imports and encourage consumption of domestic products, in the hope of supporting associated job growth, especially in manufacturing.A tariff is a tax placed on an imported good with the intent to limit the volume of foreign imports,protect domestic employment, reduce competition among domestic industries,and increase government revenue.the national economy from competition from foreign companies.A protectionist policy is one in which a country restricts the importation of goods and services produced in foreign countries.
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which advertising campaign allows a company to capture the benefits of standardization, but still respond to local differences?
A firm's advertising campaign allows a company to capture the benefits of standardization, but still respond to local differences.The total cost of a company increases.
If its advertising is effective and its rivals increase their advertising in response. However, the demand for the firm's product may become more elastic.An integrated marketing communication is formed by a succession of advertising communications that have similar ideas and subjects.
IMC is a platform that enables organisations to compile their concepts, ideas, and convictions into a sizable media base.A marketing advertisement or set of advertisements intended for a particular audience segment is an advertising campaign. Increasing conversions is your key objective. The channel, plan, and tactics that are used determine the success of an advertising campaign.
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we can calculate the issue price of a bond as the face amount plus the total periodic interest payments. State True or False your answer:
a. True
b. False
Answer:
B. False is the correct answer.
Explanation:
which bond has a higher effective annual yield and why? a. 3-year bond with face value of $1,000, price of $900, and annual coupons of $40'
The annual interest payment made by a bond's issuer is indicated by its coupon rate. Consider a bond with such a $1 million face value as well as a 5% coupon interest rate.
What exactly does the term "face value" mean?A security's nominal or dollar value, as indicated by its issuer, is referred to as face value in the financial context. The face value of stocks is the stock's initial purchase price, which is indicated on the certificate.
What is a person's face value?to agree with someone's representation of oneself, even when it may be utterly wrong. I initially trusted him without question. I wasn't suspicious of him at the moment.
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expected monetary value is most appropriate for problem solving that takes place a. when all alternatives are equally likely. b. when conditions are average. c. when all states of nature are equally likely d. under conditions of risk
Under conditions of risk
When solving problems using BBM, expected monetary value is the most relevant concept.
If there is ambiguity, does EMV come into play?EMV Analysis Benefits
It provides an average result for all uncovered uncertain events. The contingency reserve calculation is made easier with its aid. It facilitates the optimal choice being made in a decision tree analysis.
How much is a decision alternative predicted to be worth?A choice alternative's expected value is calculated by adding the decision's weighted payoffs. The probability of the natural condition that the payout is connected with determines its weight, which is also its likelihood of happening.
We utilize expected financial value for what purpose?Expected monetary value (EMV), a risk management measure, aids in quantifying and evaluating risks.
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lulu joins with other creditors to force mccoy, a debtor, into bankruptcy. one of the goals of bankruptcy law with respect to creditors is to
Lulu joins with other creditors to force McCoy, a debtor, into bankruptcy. One of the goals of bankruptcy law with respect to creditors is to c. provide a fair means of distributing a debtor's assets.
Since the purpose of bankruptcy laws is to liquidate or rehabilitate insolvent estates, bankruptcy proceedings involve all of the debtor's nonexempt assets, and all creditors who are eligible to participate in the distribution of the proceeds from the liquidation or the adjustment of their claims are invited to do so.
As a result, bankruptcy proceedings are distinguished from the specific collection remedies available to specific creditors for the execution of their claims by being characterized as generic or universal collection processes.
The development of contemporary bankruptcy law can be traced to several separate historical threads. A debtor's estate might be seized under Roman law (missio in bona) and auctioned for the benefit of all creditors if a judgment debt was unpaid (venditio bonorum).
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Correct question:
Lulu joins with other creditors to force McCoy, a debtor, into bankruptcy. One of the goals of bankruptcy law with respect to creditors is to
a. ensure that creditors will continue to lend to insolvent debtors.
b. protect creditor assets from diminution in value.
c. provide a fair means of distributing a debtor's assets.
d. make all debtor property available for creditors.
as overall union membership continues to decline, what are unions aggressively pushing to make it easier for employees to unionize?
The unions are aggressively pushing legislation to allow recognition of the union when a worker majority has signed authorization cards to make it easier for the employees to unionize. Therefore, the option A holds true.
A union can be referred to or considered as the group or a community formed or created with a primary intention to move in the direction of achieving commonly desired goals by joining hands with each other. The global trend is such that the memberships in the Union are declining rapidly, thereby leading the unions to aggressively push their employees into unionizing.
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Complete question
As overall union membership continues to decline, what are unions aggressively pushing to make it easier for employees to unionize?
A. Legislation to allow recognition of the union when a worker majority has signed authorization cards
B. Lower, more globally competitive wages and benefits
C. Binding arbitration as a resolution to grievances
D. Increased cooperation with alternative labor groups
E. Class action lawsuits to support nonunionized employees
the two dollar store has a cost of equity of 11.2 percent, the ytm on the company's bonds is 5.8 percent, and the tax rate is 21 percent. if the company's debt-equity ratio is .47, what is the weighted average cost of capital? multiple choice 8.34% 7.65% 9.08% 5.99% 9.33%
To find the weighted average cost of capital (WACC), you will need to calculate the cost of equity and the after-tax cost of debt and then use those values to weight the costs based on the proportion of debt and equity in the company's capital structure.
The cost of equity can be calculated using the capital asset pricing model (CAPM), which is:
Cost of equity = Risk-free rate + Beta * (Market risk premium)
Since you have the cost of equity already given as 11.2%, you can use that value.
The after-tax cost of debt is calculated as:
After-tax cost of debt = (1 - Tax rate) * YTM on bonds
Plugging in the values you have given, this is:
After-tax cost of debt = (1 - 0.21) * 5.8% = 4.58%
The WACC is then calculated as:
WACC = (Cost of equity * Weight of equity) + (After-tax cost of debt * Weight of debt)
The weight of equity is calculated as 1 - Debt-equity ratio, or 1 - 0.47 = 0.53. The weight of debt is the debt-equity ratio, or 0.47.
Plugging these values into the formula, the WACC is:
WACC = (11.2% * 0.53) + (4.58% * 0.47) = 6.01%
Based on this calculation, the correct answer is 6.01%, which is option D: 5.99%.
in group development, what is the stage where the group dissolves once the goal has been achieved, or alternatively, through situations such as organizational restructuring?
Adjourning is the stage where the group dissolves once the goal has been achieved, or alternatively, through situations such as organizational restructuring.
The fifth and final stage of group growth, which was created by Bruce Tuckman in 1977, is known as the adjourning stage, which takes place after a group completes its work before dissolving. It is critical that team members receive appropriate closure and commendation at this time for the work they have completed.
The assembly's business is finished at the adjourned meeting. An item of business may be tabled until the meeting that follows the adjourned one. The meeting that was adjourned had to be planned before the assembly's subsequent regular meeting.
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FILL IN THE BLANK. the creation of an artificial opening into the bladder is called a(n) ______stomy.
The creation of an artificial opening into the bladder is called a(n) Cystostomy.
What is Cystostomy?In order to drain urine through a tube that exits through the abdominal wall, the urinary bladder and skin are surgically linked during a cystostomy procedure. It is required for individuals who are unable to urinate properly due to bladder obstruction or other medical disorders that impair the normal operation of the kidneys or any component of the urinary system, causing urine retention.
One of the less intrusive methods of urine diversion is the use of a cystostomy tube, commonly referred to as a suprapubic catheter. It can be used both temporarily and permanently.
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when companies behave recklessly because they know they will be saved by a government bail-out if things go wrong, it is called a
when companies behave recklessly because they know they will be saved by a government bail-out if things go wrong, it is called a: moral hazard.
A Moral hazard is what is going on in which one party engages in a dangerous occasion realizing that it is safeguarded against the gamble and the other party will cause the expense. It emerges when both the gatherings have inadequate data about one another.
In a financial market, there is a gamble that the borrower could participate in exercises that are unfortunate according to the bank's perspective since they make him less inclined to repay a credit.
It happens when the borrower knows that another person will pay for the misstep he makes. This thus gives him the motivating force to act in a less secure manner. This monetary idea is known as a moral hazard.
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how much juice flavor concentrate (25% total solids) should be added to 750 kg of apple juice (9% ts) to make a product with 14.5% t.s.? how much beverage will be produced?
% Of total solids on juice flavor concentrate = 25% = 0.25
Let assume the amount of juice flavor concentrate = X
% Of total solids on apple juice = 9% = 0.09
The amount of apple juice = 750 Kg
% Of total solids on final product = 14.5% = 0.145
Using the formula,
% Of total solids of final product = (%of total solids in juice flavor * amount of juice flavor concentrate) + (%of total solids on apple juice*amount of apple juice)/amount of juice concentrate + amount of apple juice
0.145 = (0.25 * X) + (0.09 * 750) /X + 750
0.145 X + 108.75 = 0.25X + 67.5
(0.25X - 0.145 X) = 41.25
0.105 X = 41.25
X = (41.25/0.105) = 392.86 Kg
Therefore, total beverage produced = 750 +X = 750 +392.86 = 1142.86 Kg.
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meeting competition and nonprice competition are types of _____ pricing objectives.
Status quo-oriented pricing goals include those that focus on meeting competition and non-price competition.
Status quo strategy aims to keep the product pricing in line with those of the same or similar items sold by the rivals in order to prevent a price war from breaking out or to maintain a steady level of profit made from a certain product.
When a corporation adopts a status quo-oriented marketing strategy, it is motivated by a desire to avoid conflict with rivals. By attempting to maintain the status quo in the market, the firm can avoid the time and expense involved in going head-to-head with a rival.
Keeping prices at their existing levels or matching those of the competitors is referred to as a status quo pricing objective.
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Which best defines a quota quizlet?
"It is a specific unit or dollar limit applied to a particular type of good." That might be your answer.
A quota, in the context of business or international trade, is a government restriction on the volume of a certain good that can be imported or exported in a certain time frame. This is generally done to protect domestic industries from foreign competition.
Explanation:In the field of business or international trade, a quota generally refers to a government-imposed limit on the quantity of a specific product that can be imported or exported during a specified period. For example, if a country sets a quota on the import of a particular fruit, such as bananas, that means the country only allows a specific volume of bananas to be imported within a given time frame. The aim of a quota is often to protect domestic industries by reducing competition from foreign businesses.
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not wanting to cause the sellers or mortgage lenders unnecessary concern, gwen, the buyer's agent, wasn't exactly forthcoming about a slight change in her client's financial status that her client had shared with her in confidence. which fiduciary duty to the customer is gwen violating?
Honesty and fair dealing are the fiduciary duties to the customer that gwen is violating.
Making choices that are best for another person or organisation is a fiduciary duty. Fiduciary obligation describes the relationship that exists between a lawyer and a client, or between a guardian and a ward. Care, loyalty, good faith, discretion, and confidentiality are just a few of the duties that come with being a fiduciary.
The duty to exert care, maintain confidentiality, loyalty, obedience, and accounting are examples of fiduciary obligations.
The necessity of being truthful and sincere:
In general, every transaction contains an implied obligation of good faith and fair dealing. Both parties are required to refrain from doing any activities that would hurt or limit the other party's capacity to take use of the contract's benefits under this requirement.
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The price of a bond is equal to the face amount payable at maturity, plus the periodic interest payments.
a. True
b. False
The price of a bond is equal to the face amount payable at maturity plus the periodic interest payments. This is a false statement.
The price of a bond refers to the amount that investors are willing to pay for an existing bond. Typically, the price of a bond is provided in terms of the percentage of face value. Such as, a bond's price is calculated by adding the present value of the face amount payable at maturity and the present value of the periodic interest payments.
Thus the true statement is as follows: the price of a bond is equal to the present value of the face amount payable at maturity plus the present value of the periodic interest payments.
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if a taxpayer makes all of his income from his job and various investments, which office of the irs would likely investigate his return if it were audited?
The Wage and Investment Division (W&I) office of the IRS would likely investigate the return and audit it.
What is the Wage and Investment Division?The efforts of the Wage and Investment Division (W&I) promote the strategic aims and objectives of the IRS by addressing the growing need for prompt, accurate service and lowering the burden on taxpayers. Identify ways to meet the growing demand for electronic goods and services.What is wage investment?The Wage and Investment (W&I) Division is responsible for enforcing the tax regulations that apply to specific wage earners.W&I processes over 154 million individual tax returns, 49 million corporate filings, more than 130 million of which are filed online, and more than 54 million phone calls each year.The Wage and Investment Division (W&I) office of the IRS would likely investigate the return and audit it.
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if the u.s. government imposes a more restrictive import quota on japanese video gaming systems, the curve for japanese video gaming systems in the u.s. will shift . group of answer choices supply; rightward demand; rightward demand; leftward supply; leftward
If the U.S. government imposes a more restrictive import quota on the Japanese video gaming systems, the curve for Japanese video gaming systems in the U.S. will shift leftward.
An import quota is considered to be a kind of trade restriction which tend to limit the physical quantity of a good which can be imported on a country. Thus, an import quota tend to reduce the equilibrium quantity supplied which is of the imported goods.
However, when this takes place, that is, a more restrictive import quota on Japanese video gaming systems will reduce the quantity of the gaming systems which are thus being imported.
Hence, the reduction in the supply of video game systems will shift the supply curve to the left.
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according to the critics of the international monetary fund (imf), how should moral hazards exhibited by banks be resolved?
The banks should be forced to pay the price for their rash lending policies. individual manufacturers have few firm-specific skills that contribute to the value of their products.
The international monetary Fund (IMF) is a chief financial organization of the United Nations, and an international monetary institution, founded in Washington, D.C., consisting of 190 countries. Its said project is "operating to foster global monetary cooperation, comfy financial balance, facilitate international trade, sell high employment and sustainable economic increase, and reduce poverty around the world." fashioned in 1944, and started on 27 December 1945. on the Bretton Woods conference normally by using the ideas of Harry Dexter White and John Maynard Keynes, it got here into formal lifestyles in 1945 with 29 member nations with the objective of rebuilding the global monetary system.
It now performs a principal function in the management of stability of payments difficulties and international economic crises. countries contribute funds to a pool through a quota machine from which countries experiencing balance of payments issues can borrow money. The IMF seems as the worldwide leader of the ultimate inn.
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an agent of a broker-dealer who effects securities transactions that are not recorded on the books of the broker-dealer is defined as a(n):
Broker-dealer is a term used to describe a broker-agent dealer's who executes trading activities that are not documented on the broker-books. dealer's
What exactly do broker-dealers do?An individual or corporation engaged in the business of purchasing and selling securities, either on its own benefit or on behalf of clients, is known as a broker-dealer (B-D). Because the majority of stock brokerages serve both as agents and principals, the term "broker-dealer" is employed in U.S. securities regulatory terminology to refer to these businesses.
What is a market for broker-dealers?A deal can only take place in a broker marketplace if there are clearly identified buyers and sellers. Sellers and buyers execute buy/sell orders independently and individually through dealers, who serve as market makers, in a dealer market.
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. one of the reasons the aggregate demand curve is downward sloping is: a. the wealth effect. b. the availability of substitutes. c. expectations concerning future prices. d. consumer budget constraints.
The reason the aggregate demand curve is downward sloping is consumer budget constraints.
Aggregate demand is a measure of aggregate demand for all finished goods and services produced in an economy. Aggregate demand is expressed as the total amount exchanged for those goods and services at a particular price level and point in time.
Aggregate demand, however, takes the sum of the markets for the individual products and services that the economy produces and expresses it as a total dollar value. For example, suppose a country's total demand for goods and services is $1 billion annually.
Aggregate Demand is a measure of the aggregate demand for goods and services in an economy. It is a tool that macroeconomists use to determine or predict the overall economic strength of a country over a specified period of time (usually he is a year).
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