Credit unions lend to and accept deposits from "members," who are typically a group of people who work for the same business.
Members are what depositors are known as at credit unions. Each member of the credit union is a shareholder. Customers of banks are those who make deposits. Financial institutions are owned by investors; customers have no ownership interest in them.
A commercial bank is a kind of financial organization that accepts deposits, provides checking account services, makes business, personal, and mortgage loans, and gives customers access to fundamental financial products including certificates of deposit (CDs) and savings accounts. A credit union is a non-profit financial organization that is owned by the clients it serves. The same services and products that are provided by a typical bank, such as credit cards, checking and savings accounts, and loans, are also available to credit union members.
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was a economist who believed that in wages and prices could block adjustments to full employment.
John Maynard Keynes was a British economist who believed that stickiness in wages and prices could block adjustments to full employment.
Who is John Maynard Keynes?John Maynard Keynes was a famous British economist during the Great Depression and he was born on the 5th of June 1883. During the Great Depression, John Maynard Keynes advocated and promoted expansionary actions to encourage economic recovery, which was typically part of the Keynesian economic framework.
According to the Keynesian economic framework, it is assumed that both prices and wages are considered as being sticky and as such, they do not adjust rapidly, thereby, making an economy's recovery from a recession to be very slow while blocking adjustments to full employment.
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Complete Question:
_______ was a _______ economist who believed that _______ in wages and prices could block adjustments to full employment.
on january 1, 20y2, hebron company issued a $127,000, 5-year, 11% installment note to ventsam bank. the note requires annual payments of $34,362, beginning on december 31, 20y2. journalize the entries to record the following: 20y2 jan. 1 issued the note for cash at its face amount. dec. 31 paid the annual payment on the note, which consisted of interest of $13,970 and principal of $20,392. 20y5 dec. 31 paid the annual payment on the note, including $6,473 of interest. the remainder of the payment reduced the principal balance on the note.
Journal Entries of Hebron company:
Jan. 1, 20Y2:
Debit Cash $127,000
Credit 11% Note Payable (Ventsam Bank) $127,000
To record the issuance of the note.
Dec. 31, 20Y2:
Debit 11% Note Payable (Ventsam Bank) $20,392
Debit Interest Expense $13,970
Credit Cash $34,362,
Record the first payment of the note with interest.
Dec. 31, 20Y5:
Debit 11% Note Payable (Ventsam Bank) $20,392
Debit Interest Expense $6,473
Credit Cash $26,865
Record the fourth payment of the note with interest.
Data and Analysis:
Jan. 1, 20Y2: Cash $127,000 11% Note Payable (Ventsam Bank) $127,000
Dec. 31, 20Y2: 11% Note Payable (Ventsam Bank) $20,392 Interest Expense $13,970 Cash $34,362.
Dec. 31, 20Y5: 11% Note Payable (Ventsam Bank) $20,392 Interest Expense $6,473 Cash $26,865
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which of the following is not a federal covered security? a an offering made over-the-counter of $250,000,000 of 10% convertible debentures of acme corporation, a company whose common stock is listed on the american stock exchange (nyse american) b a private placement of $250,000,000 of debt backed by automobile finance company receivables sold to investment managers that are qualified purchasers c an offering of $250,000,000 of general obligation bonds by the city of new orleans to the residents of louisiana d an offering of $250,000,000 of common shares of a mutual fund that will be offered to the general public
Federal covered security an offering of $250,000,000 of general obligation bonds by the city of new orleans to the residents of louisiana.
A share, often called a stock, is a type of investment that represents part of the issuing company. Shares, or shares, give the right to part of the assets and income of the company according to the number of shares they own. Most individual investment portfolios are built around stocks that are bought and sold primarily in the stock market. Stock trading must follow government standards designed to protect investors from unfair tactics.
Companies issue shares to raise money to run their business, and a shareholder, known as a shareholder, may be entitled to a share of the company's assets and income. New York Stock Exchange The New York Stock Exchange (NYSE) is the world's largest stock exchange based on the market value of listed securities. All securities of a registered investment company are exempt from state registration.
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Environmental regulations may cause increased business costs through which of the following? a. road taxes b. manufacturing restrictions c. toxic cleanup requirements
d. environmental standards
Environmental regulations can lead to increased business costs through d. environmental standards
What is the environment?An environment is a spatial unit with all objects, resources, energy, conditions, and living things, including humans and their behavior that affect nature itself, the continuity of life, and the welfare of humans and other living things.
Environmental Cost is the cost of the impact generated by the activities of an organization or company on its environment.
Categories of environmental costs that cause an increase in business costs, namely:
Prevention costs.Detection costs include environmental standard costs, activities, and processes.Internal failure costs including operating costs of pollution reduction/eliminator equipment.External failure costs.Learn more about the cost of maintenance here :
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linking a gpo to a container does not causes all the users and computers in that container to receive the gpo settings by default.
This is because you apply security filtering in the Group Policy Management console.
What is considered a container?A container is any enclosure or enclosure that is used to keep a product through keeping, packaging, nor transport, including shipping. Anything kept within a container is safeguarded on several fronts by the architecture that encloses it.
What is a large container called?An intermodal container, also known as a storage container, is a sizable, uniform shipping container that was created for transporting goods. This means that the contents within these containers may be transported by ship, train, and truck without having to be unloaded and reloaded.
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The complete question is-
By default, linking a GPO to a container causes all the users and computers in that container to receive the GPO settings. How can you modify the default permission assignments so that only certain users and computers receive the permissions and, consequently, the settings in the GPO?
consider a restaurant that wants to avoid kitchen fires. the restaurant could make many investments both to avoid the fires in the first place and to quickly and safely put them out if they do occur. suppose that the marginal cost (mc) and marginal benefit (mb) of these investments in fire control technologies is illustrated in the following figure.
Introduction A Restaurant wants to avoid kitchen fires. The restaurant could make many investments to avoid the fires in the first place quickly and safely.
The market is in equilibrium where the marginal cost curve and marginal damage curve intersect and define P price level and Quantity. If no insurance are available, the firm, it will invest an amount that makes marginal social cost and marginal social benefit equal. If full investment is available, the restaurant would purchase more fire in part a. Because full insurance is available. Therfore they purchase more insurance for investment. All other options are wrong. If less insurance is available, they will invest less.
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an individual walks into the office of a broker-dealer wishing to open a new account. which of the following is not required on the new account form?
The information not required on the new account form is b. Marital status
It is important for the individual to provide accurate and complete information on the new account form to facilitate the account opening process and to ensure that the broker-dealer can provide appropriate investment recommendations. It is generally not necessary for a broker-dealer to collect information about an individual's marital status when opening a new account.
However, the broker-dealer may ask for other personal information, such as name, address, phone number, email address, and social security number, as well as financial information, such as employment status and income. The broker-dealer may also ask for information about the individual's investment objectives, like the amount of money they are looking to invest and their risk tolerance.
Complete question
An individual walks into the office of a broker-dealer wishing to open a new account. Which of the following information would NOT be required on the new account form?
A) Name of employer
B) Marital status
C) Citizenship
D) Physical address
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suppose the sediment density (g/cm) of a randomly selected specimen from a certain region is normally distributed with mean 2.67 and standard deviation 0.75.
Part a: The probability that the sample average size is at most 3.0 is 0.9957 and the probability that the sample average size is between 2.6 and 3.0 is 0.4957
Part b: The minimum sample size required so that the probability that the sample average sediment density is at most 3.00 is 20
The standard error decreases as the sample size increases. It shows that as the sample size grows, the variance of the sample statistics lowers and there is a greater likelihood of discovering sample statistics that are near to the mean.
Part a:
The mean, mu = 2.67
The population standard deviation, sigma = 0.75
The sample size, n = 25
z score:
[tex]z= \dfrac{(\bar{x}-\mu )}{ \sigma_{\bar{x}} }[/tex]
The standard error:
[tex]{ \sigma_{\bar{x}}= {\dfrac{\sigma{} }{\sqrt{n} }[/tex]
= 0.75/[tex]\sqrt{25\\}[/tex]
= 0.15
The probability that the sample average sediment density is at most 3.00:
P(xˉ≤3)=P(z≤3−2.60/0.152)
=P(z≤2.63)
=0.9957
The probability that the sample average sediment density is between 2.6 and 3.00:
P(2.6<xˉ<3.0)=P(2.6−2.6/0.152<z<3.0−2.6/0.152)
=P(0<z<2.63)
=P(z<2.63)−P(z<0)
=0.4957
Part b:
The sample size required so that the probability in part (a) is at least 0.99:
[tex]P(\bar x \leq 3) = 0.99 \\[1ex] P(Z \leq z) = 0.99 \\[1ex] z = 2.33[/tex]
Using the z-distribution table.
We know:
[tex]z = \dfrac{\bar x-\mu}{\sigma_{\bar x}}\\[2ex] \sigma_{\bar x} = \dfrac{\bar x-\mu}{z}[/tex]
When x = 3 and z = 2.33
σxˉ=xˉ−μ/z
=3−2.6/2.33
=0.1717
The standard error:
[tex]\sigma_{\bar{x}} = \dfrac{\sigma}{\sqrt{n}}\\[2ex] 0.1717 = \dfrac{0.76}{\sqrt{n}}\\[2ex] n = 19.60[/tex]
Although a part of your question is missing, you might refer to this full question: Suppose the sediment density (g/cm) of a randomly selected specimen from a certain region is normally distributed with mean 2.67 and standard deviation 0.75.
(a) If a random sample of 25 specimens is selected, what is the probability that the sample average sediment density is at most 3.00? Between 2.6 and 3.00?
At most 3.00: __________
between 2.6 and 3.00: __________
(b) How large a sample size would be required to ensure that the probability in part (a) is at least 0.99?
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which of the following forms of joint ownership are subject to the right of survivorship? check all that apply. community property joint tenancy tenancy by the entirety tenancy in common
Joint tenancy and tenancy by the entirety forms of joint ownership are subject to the right of survivorship .
Joint property owners have the right of survivorship, which guarantees that, in the event of one owner's passing, the surviving owner(s) will take over ownership of the deceased owner's share of the property.
In this state, the doctrine of the right of survivorship does not apply to real land or personal property owned by joint tenants; instead, save in the instance of estates by entirety, a devise, transfer, or conveyance to two or more individuals creates a tenancy in common.
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Blue Ridge Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. The following table presents information about estimated overhead and direct labor hours.Overhead Direct Product
Labor Hours (dlh) A BPainting Dept. $248,000 10,000 16dlh 4dlhFinishing Dept. 72,000 10,000 4 16 Totals $320,000 20,000 20 dlh 20dlhThe factory overhead allocated per unit of Product B in the Painting Department if Blue Ridge Marketing Inc. uses the multiple production department factory overhead rate method is
a.$99.20 per unit
b.$64.00 per unit
c.$49.60 per unit
d.$28.80 per unit
The factory overhead allocated per unit of Product B in the Painting Department if the multiple production department factory overhead rate method is used is $64.00 per unit. Thus, the correct answer is option B.
What is a factory overhead?The entire expense of running all production facilities for a manufacturing company that cannot be precisely linked to a specific product is known as factory overhead. Indirect labor and indirect costs are typically affected.
The factory overhead allocated per unit of Product B in the Painting Department is calculated as:-
Overhead Labor Hours
A B A B
Painting Dept. $248,000 $10,000 16 4
Finishing Dept. $72,000 $10,000 4 16
Total $320,000 $20,000 20 20
Calculation for plantwide overhead rate:
Predetermined manufacturing overhead rate= Total estimated overhead costs for the period/ Total amount of allocation base
= 320,000 / 20,000
Predetermined manufacturing overhead rate= $16 per direct labor hour
Allocated factory overhead = Estimated manufacturing overhead rate* Actual amount of allocation base
= 16*4
= $64.00 per unit
Therefore, the factory overhead allocated per unit of Product B in the Painting Department is $64.00 per unit
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Answer. Frank, a member of the National Superworkers Union, feels that his manager is asking him to perform tasks that are unsafe and not part of his job description. Frank should file a b. grievance with his union representative.
In this case, Frank should file a grievance with the union representative.
What is a grievance?A grievance (from the Latin grievis, meaning "heavy") is a wrong or hardship experienced, real or imagined, that constitutes a valid basis for complaint. The word used to refer to the act of causing suffering or its infliction. A system for handling complaints and resolving conflicts in organizations is referred to as a complaint system, conflict management system, or dispute resolution system. In the US, complaint procedures have experienced tremendous modification, particularly since the introduction of strict workplace regulations around 1970. Particularly in many nations, conflict management channels and systems have expanded from having a strong emphasis on labor-management relations to covering a much wider range of stakeholders, such as managers, non-union workers, professionals, students, trainees, suppliers, funders, customers, etc.
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Complete Question:
Frank, a member of the National Superworkers Union, feels that his manager is asking him to perform tasks that are unsafe and not part of his job description. Frank should file a ____________________ with his __________________.
a. issue report/arbitrator
b. grievance/union representative
c. incident report/shop steward
d. complaint/mediator
b. grievance/union representative
when net unilateral transfers are added to the net exports of goods and services, the result is called the group of answer choices merchandise trade balance. official reserve transactions account. balance of payments. balance on capital account. balance on current account.
When net unilateral transfers are added to the net exports of goods and services, the result is called the balance of payments.
What is meant by the balance of payments?The balance of payments summarizes an economy's business dealings with the rest of the world. These exchanges involve transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).
Why is BOP important?The financial position of a nation and its economy is revealed by a BOP, making it an important document or transaction in the finance division. The applicability of BOP can be assessed using the following criteria: It examines every export and import of goods and services made by a nation over a certain time frame.
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island corporation provides low-cost food delivery services to senior citizens. at the end of the year on december 31, 2024, the company reports the following amounts. in addition, the company had common stock of $38,000 at the beginning of the year and issued an additional $3,800 during the year. the company also had retained earnings of $18,000 at the beginning of the year.Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation 3. Prepare the balance sheet for Longhorn Corporation Somplete this question by entering your answers in the tabs below. Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation.
The income statement, statement of stockholders' equity and the balance sheet are all part of the account system of Island Corporation.
1. Island Corporation
Income Statement
For the year ended December 31, 2024
Service Revenue $71,700
Cost of goods sold 54,200
Gross profit $17,500
Operating expenses:
Delivery expense 3,400
Salaries expense 6,300
Operating income $7,800
2. Island Corporation
Stockholder's Equity
As of December 31, 2024
Capital Retained Earnings Total
1-Jan-2024 $38,000 $18,000 $ 56,000
Issuance of share $3,800 $ 3,800
Net income $7,800 $ 7,800
--------------------------------------------------------------------------------------------
31-Dec-21 $41,800 $25,800 $67,600
3. Island Corporation
Balance Sheet
As of December 31, 2024
Asset
Current Assets
Cash $1,300
Supplies $1,600
Total current assets $2,900
Non-current assets
Equipment $20,000
Buildings $22,000
Total non-current assets $42,000
Total assets $44,900
Liabilities and Equity
Current liability
Accounts payable $2,600
Salaries payable $900
Total current liabilities $3,500
Total liabilities $3,500
Equity
Capital stock $41,800
Retained earnings $25,800
Total equity $67,600
Total liabilities and Equity $71,100
1. A statement of income
To get at operating income, we must close all nominal accounts and start with revenue while preparing the income statement. We must always remember the headings, which include the company name, the schedule to be created, and the time frame for which it is appropriate.
2. Statement of Equity Changes
All transactions affecting the corporation's capital will be presented here in order to prepare the statement of changes equity. Start with the capital, then add any further issuance and the net income for the last period before adding retained earnings.
3. Balance sheet
This schedule displays the true accounting for the company. started with the equity, liabilities, and assets. We must always remember the headings, which include the company name, the schedule to be created, and the time frame for which it is appropriate.
island corporation provides low-cost food delivery services to senior citizens. at the end of the year on december 31, 2024, the company reports the following amounts. in addition, the company had common stock of $38,000 at the beginning of the year and issued an additional $3,800 during the year. the company also had retained earnings of $18,000 at the beginning of the year.Required: 1. Prepare the income statement for Island Corporation. 2. Prepare the statement of stockholders' equity for Island Corporation 3. Prepare the balance sheet for Island Corporation
Cash $ 1,300 Service revenue $ 71,700
Equipment 20,000 Cost of goods sold (food expense) 54,200
Accounts payable 2,600 Buildings 22,000
Delivery expense 3,400 Supplies 1,600
Salaries Expense 6,300 Salaries payable 900
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The type of planning that is concerned with developing detailed short-term actions about what is to be
done, who is to do it, and how it is to be done is known as planning. A. strategic B. contingency C. first-line D. tactical
planning for the immediate term that is tactical and focused on creating specific activities.
Describe the tactical concept.
a broad assertion that serves as the foundation for the future growth of tactical doctrine. also refer to the tactical sub-concept. Military and Related Terms Dictionary.
What exactly are strategy skills?
Elite athletes use tactical talents, which are purposeful mental aptitudes, to win matches and contests. Athletes and teams can employ their strategies more successfully by mastering these skills. They may require drawback abilities, and they frequently depend on the individual's awareness of their team's objectives.
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As explained in Chapter 6 , a minimum-wage law distorts the market for low-wage labor. To reduce this distortion, some economists advocate a two-tiered minimum-wage system, with a regular minimum wage for adult workers and a lower, "subminimum" wage for teenage workers. Give two reasons a single minimum wage might distort the labor market for teenage workers more than it would the market for adult workers.
Teenage employees might not benefit from a minimal wage since they could have to quit school and work if they made a good living.
What occurs whenever the minimum salary is set higher than the pay rate at which the market is in equilibrium?A minimum wage set above the wage at which the economy is in equilibrium will result in less labor being required and more labor being supplied. This occurs because raising the minimum wage raises the cost of manufacturing, and as a result, companies terminate some workers to lower that cost.
What impact does the min salary have on the labor market?The fundamental economics 101 argument claims that raising the minimum wage encourages more individuals to work because they will earn more money.
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TRUE OR FALSE taxpayers may make an election to include preferentially taxed capital gains and qualified dividends in investment income and deduct more investment interest expense currently if they are willing to subject this income to ordinary tax rates.
The given statement is true. Taxpayers may make an election to include preferentially taxed capital gains and qualified dividends in investment income and deduct more investment interest expense currently if they are willing to subject this income to ordinary tax rates.
Unless the taxpayer makes a special election, qualified dividends are normally taxed at the long-term capital gains rate and are not regarded as investment income. Taxpayers, however, have the option to choose how much of their qualifying dividends to count as investment income. If the option is chosen, the qualified dividend income that is included in investment income is not subject to the lower dividend tax rate; instead, it is subject to regular income tax.
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A(n) ____ is prepared to prove that debits in the ledger accounts are equal to the credits after the closing entries have been posted.
A post- closing trial balance is prepared to prove that debits in the ledger accounts are equal to the credits after the closing entries have been posted.
Describe a ledger with an example.An account or record used to maintain bookkeeping entries for transactions affecting balance sheets and income statements is known as a ledger. Cash, accounts receivable, investments, inventory, accounts payable, and more are some of the entries for the accounting ledger.
Are ledgers a credit or a debit?The left side of a ledger should always contain debit accounts, and the right side should always have credits. Credits and debits must balance out in order for a general ledger to be balanced. While credits lower asset, cost, and dividend accounts, debits raise them.
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What feeds into almost every marketing decision you can make in a facility?
A detailed understanding of your fans' geographic and demographic data can provide the blueprint for all of your media spending across television, radio, digital and OOH (which stands for out-of-home advertising).
a. True
b. False
Understanding as much of the organization's data as possible, feeds into almost every marketing decision you can make.
It is a true statement that a detailed understanding of your fans' geographic and demographic data can provide the blueprint for all of your media spending across television, radio, digital and OOH.
What is a marketing decision?Basically, the marketing decisions refers to those decisions about market segmentation, product quality, product design, choice of distribution channels, corporate image-building, advertising budgets, sales promotions, etc that are very important in an organization.
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FILL IN THE BLANK. the value of social advertising lies in the large audience size your company has the potential to reach and the___social ad platforms offer.
The quantity of the audience that social media advertising can reach for your business and the precise targeting options provided by social ad platforms.
The conversion of job title targeting to keyword research has proven to be one of the most successful audience targeting techniques.
Undifferentiated marketing, often known as mass marketing, differentiated marketing, focused marketing (sometimes known as niche marketing), and micromarketing are the five fundamental tactics that marketers use to separate and identify target markets (hyper-segmentation).
To identify the ideal target market, markets can be segmented in a variety of ways. Demographic, psychographic, behavioral, geographic, and firmographic segmentation are the five categories of market segmentation.
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on june 30, manning company wrote checks to employees, totaling $1,500 for wages related to hours worked in june to provide services to its customers. which of the following describes how matisse will account for the payment to employees? multiple choice debit cash for $1,500. debit prepaid wages for $1,500. debit salaries and wages expense for $1,500. credit salaries and wages revenue for $1,500.
Debit Salaries and Wages Expense for $1,500, of the following describes how matisse will account for the payment to employees.
The cost that businesses incur to pay hourly employees is known as a wage expense. In addition to payroll taxes and employee perks, this line item may also include them. In the income statement's expenditure section, a wage expense could be listed as a line item. This kind of expense is changeable. Wage costs are occasionally broken down by department, and the production department is most likely to receive a separate report. This division frequently has the highest percentage of hourly workers. The cost of goods sold (COGS) line item on the income statement, however, may include pay costs for production personnel.
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Setting prices that will capture some of what customers will save by substituting the firm's product for the one currently being sued is called:
marginal analysis pricing
cost-oriented pricing
value capture
value in use pricing
psychological pricing
Marginal analysis pricing is the process of determining prices that will cover some of the money consumers will save if they choose the company's product instead of the one that is the subject of the lawsuit.
Reference pricing is a component of psychological pricing since it is the cost of the product that consumers use as a benchmark when deciding whether or not to purchase it. It is customary for reference prices to be listed alongside the product's price so that customers may compare the variations in rupee terms. To determine your first pricing, sum up all the expenses related to bringing your product to market, then add your profit margin on top of those costs. One of the easiest methods for setting the price of your product is this tactic, which is known as cost-plus pricing. Loss Leader Pricing is the practice of selling a product at a cheap price (i.e., at or below cost) in order to draw customers and boost sales of other profitable items.
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if you believe the economy is about to go into a recession, you might change your asset allocation by selling and buying .
If you believe the economy is about to go into a recession, you might change your asset allocation by selling growth stocks and buying long-term bonds.
when there is a recession in the economy?A period of overall economic deterioration known as an economic recession is frequently accompanied by a decline in the stock market, a rise in unemployment, and a decline in the housing market. Recessions typically have less of an impact than depressions. typically longer than two successive quarters.
Central banks boost interest rates to slow the economy and reduce inflation as inflation rises. Higher interest rates raise the likelihood of a recession, which can result in layoffs, reduced employment, and reduced consumer and business expenditure, among other repercussions of a slowing economy.
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suppose gabriel and nia are playing a game that requires both to simultaneously choose an action: up or down. the payoff matrix that follows shows the earnings of each person as a function of both of their choices. for example, the upper-right cell shows that if gabriel chooses up and nia chooses down, gabriel will receive a payoff of 6 and nia will receive a payoff of 1.
The payoff matrix that Gabriel and Nia follows shows the earnings of each person as a function of both of their choices actually depicts the zero-sum between two players.
What is Payoff Matrix?A double entry table, similar to another Table, serves as the reward matrix or payoff matrix and contains all of the payments made by one player to the other for each chosen strategy. The game is known as zero-sum since one player's payment equals the other player's gain.
The calculation in above payoff matrix can be illustrated by the given case scenario;
The matrix must have n & m cells and include a total of 2 n m payoff values if the row player has n strategies and the column player has m strategies. In a payout matrix, the row player's name is listed to the left of the matrix, while the column player's name is listed above the matrix.
Thus the game of payoff matrix is known as zero-sum since one player's payment equals the other player's gain.
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If nominal wages are fixed by labor contracts, then which of the following explains why the aggregate supply curve is upward sloping?
The nominal wage adjustment process is slowly (slowly), which is the primary cause of the rising slope of the aggregate supply curve.
What is aggregate supply curve?The real GDP supplied by the economy at various price levels is represented by the aggregate supply curve. When creating supply curves for specific commodities and services, supply curves for the aggregate are created using a different methodology. Given that input prices are assumed to remain constant, the supply curve for a specific good is constructed. But the price level is what determines how the aggregate supply curve is defined. The price that producers can charge for their goods will rise with the price, which will encourage producers to produce more. However, a price increase will also have a secondary impact because it would eventually result in higher input costs, which will, ceteris paribus, force companies to make cuts.
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suppose that you are employed as an advisor to the central bank. select the proper policy recommendation or economic prediction for each of the given scenarios.
As the advisor to the central bank, the proper monetary policy recommendation provided for each given scenarios is:
A rising price level and a ricing GDP: Contractionary or restrictive monetary policy (tight money policy)A rising price level and a below-par GDP growth: It is unclear which type of monetary policy is appropriateTight money policy will increase the interest ratesMonetary policy is a set of policy made by the central bank to control the amount of money supply available in the economy. Monetary policy is ade to promote sustinable economic growth and control inflation. Monetary policy may come in 3 types of decision:
Neutral monetary policyExpansionary monetary policyContractionary monetary policyNeutral monetary policy is created by the central bank when the operating and interemediates variables are at their equalibirium points. This condition happens when the output equals to the expected inflation in the objective. The central bank will not constraint or stimulate the aggregate demand and inflation. The real interest and exchange rates will remain at neutral levels.
Expansionary monetary policy is taken when the domestic currency is undervalued and credits are cheap. Expansionary monetary policy happens when the economic growth is behind the targeted level. The central bank will decrease the interest rate and increase money supply to encourage more spending to boost the economic growth.
Contractionary monetary policy when the domestic currency is overvalued and expensive credit occurs. Contractionary monetary policy is made to slow down the expansive economic growth and control the inflation level. The central bank will limit the amount of money supply by increasing the interest rate to encourage saving and investment.
Let's discuss every scenario we have
Scenario 1When the price level is rising and GDP is rising, it shows that the economiy grows too expansive than the targeted levels. To handle this condition, the central bank should apply contractionary monetary policy to avoid over-inflation to happen.
Scenario 2When the price incrase but the GDP level is below par, this condition should receive more investigation and analysis. Because applying expansionary monetary policy will increase GDP but inflation might happen. Meanwhile, applying contractionary monetary policy to control price will bring GDP level much lower than its initial level.
Scenario 3Contractionary monetary policy is used to limit the amount of money supply. Hence the central banks hould encourage more savings and investments by increasing the interest rates.
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Complete Question:
Suppose that you are employed as an advisor to the central bank. select the proper policy recommendation or economic prediction for each of the given scenarios.
1. Which policy is appropriate when a rising price level and a rising GDP are a concern?
Contractionary or restrictive monetary policy (tight money policy)Expansionary monetry policy (easy money policy)It is unclear which type of monetary policy is appropriate2. Which policy is appropriate when a rising price level is a concern and GDP is not growing at an acceptable rate?
It is unclear which type of monetary policy is appropriate.Expansionary monetary policy (easy money policy)Contractionary or restrictive monetary policy (tight money policy)3. Contractionary or restrictive monetary policy (tight money policy) will cause interest rates to
Increase somteimes and decrease sometimesIncreaseDecreaseAn international organization that includes the US and several other countries and whose goal is to reduce or eliminate tariffs and other barriers to world trade is commonly referred to as GATT
True
True, GATT stands for General Agreement on Tariffs and Trade, which is the name of an international organization that the US and numerous other nations are members of.
The General Agreement on Tariffs and Trade (GATT) is an international treaty that was created with the aim of promoting trade by lowering or removing trade restrictions like tariffs and quotas. The "substantial reduction of tariffs and other trade barriers and the elimination of privileges, on a reciprocal and mutually beneficial basis" were its stated goals in the preamble.
The GATT is now managed by the Council for Trade in Goods (Goods Council), which is made up of representatives from every WTO member state. Etienne Oudot de Dainville will serve as the Goods Council's chairman as of September 2022.
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Willingham, Inc., an accrual basis C corporation, reports pretax book income of $1,600,000. At the beginning of the year, Willingham reported no deferred tax accounts on its balance sheet. At the end of the year, Willingham’s depreciable assets had a net book value of $15,000,000. It is subject to a 21% U.S. income tax rate in the current year and for the foreseeable future.
Willingham’s book-tax differences include the following. Compute the entity’s current and deferred Federal income tax expense for the year.
Willingham’s book-tax differences include the following. Compute the entity’s current and deferred Federal income tax expense for the year.
Taxable income = 1,600,000 + 4,000,000 - 3,000,000 - 2,000,000 - 200000 = 400000
Current income tax expense = 400000 *21/100= 84000
Deferred income tax expense = [1,600,000 - 200000 -400000] *0.21 = 210000
Taxable financial gain refers to the bottom upon which an income tax system imposes the tax. In different words, the income over which the govt obligatory tax. Generally, it includes some or all things of income and is reduced by expenses and other deductions. The amounts enclosed as income, expenses, and other deductions vary by country or system.
Several systems offer that some styles of income aren't taxable and a few expenditures are not deductible in computing taxable income. Some systems base tax on taxable income of this period, and some on previous periods. ratable income might talk to the income of any taxpayer, together with individuals and corporations, in addition as entities that themselves don't pay tax, corresponding to partnerships.
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the if-converted method of computing earnings per share data assumes conversion of convertible securities as of the group of answer choices beginning of the earliest period reported (or at time of issuance, if later). middle of the earliest period reported (regardless of time of issuance). beginning of the earliest period reported (regardless of time of issuance). ending of the earliest period reported (regardless of time of issuance).
The correct answer is option a. The if-converted method of computing earnings per share data assumes the conversion of convertible securities as of the group of the beginning of the earliest period reported (or at the time of issuance, if later).
The if-converted method is used by investors to determine the value of convertible securities in the event that they are converted into fresh shares. This is accomplished by examining the convertible security's conversion ratio and contrasting the conversion price with the stock's current market price.
Investors can learn more about a company's performance using the if-converted technique, which additionally calculates earnings per share (EPS) based on the number of shares in the company's currency as well as earnings if all convertible securities were converted to common stock. It is referred to as diluted EPS if all convertible instruments are converted to common stock.
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TRUE/FALSE. growth of business along major arteries connecting two large industrial or commercial centers that are some distance apart
Expansion of companies or plants along the major thoroughfares that connect two important industrial or commercial hubs is also known as "corridor development".
A corridor development is what?Corridor Development Initiative (CDI) supports communities in building and preserving excellent neighborhoods by transforming how they perceive potential for development. Our approach expedites project advancement by aligning market realities with neighborhood and urban planning objectives.
Businesses are connected along specified routes through economic corridors. They serve as a connection between economic centers or nodes, which are frequently found in urban regions with a dense population of economic players and resources. They link the supply and demand sides of markets.
An industrial corridor is a collection of infrastructure developments built in a specific area with the intention of fostering industrial development. An industrial corridor aims to create a concentration of businesses in the manufacturing or other industries.
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Read the requirements Data Table Comparative Balance Sheet Requirement 1. Compute the acquisition of plant assets for Smith Media Corporation during 2018. The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets December 31, 2018 and 2017 The acquisition of equipment is$ Assets 2018 2017 Current Assets Data Table Cash $ 5,300 $ 4,200 Accounts Receivable 10,600 5,600 Requirements Long-term Assets Plants Assets Smith Media Corporation Income Statement Year Ended December 31, 2018 104,350 88,350 (35,350) (20,350) $ 84,900 $ 77,800 Accumulated Depreciation-Plant Assets
Start the Cash Flow Statement with $51,000 in Net Income. Add the $26,000 non-cash Depreciation. This fiscal summary supplements the asset report and the pay proclamation.
When using the indirect method, the first step in creating a Cash Flow Statement is to calculate the company's Net Income for the specified time period. Cash Flow from Operating Activities is the result of adjusting that balance for non-cash items like depreciation and amortization, gains or losses on asset sales, and shifts in current assets and liabilities.
An income proclamation sums up how much endlessly cash counterparts entering and leaving an organization. The CFS emphasizes a business's cash management, including its cash generation efficiency.
What are the 3 kinds of income articulation?Expenditure cash flowPutting away income.funding the cash flow.To learn more about Cash Flow Statement here:
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