The idea that wealth in the form cash or securities becomes less valuable as prices rise is known as the _____ effect.

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Answer 1

Hello,

Answer :

The idea that wealth in the form cash or securities becomes less valuable as prices rise is known as the real-balances effect.


Related Questions

The fact that a few improvements in a few key areas of operations will have more impact than many improvements in many other areas is consistent with the

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The concept of Pareto phenomenon is observed where a few improvements in a few key areas of operations have more impact than many improvements in many other areas.

What is a Pareto phenomenon?

The principle states that for many outcomes like roughly 80% of consequences come from 20% of the causes.

Hence, this concept is observed where a few improvements in a few key areas of operations have more impact than many improvements in many other areas.

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Vera gives Will a $500 check as payment for a debt. Will crudely increases the amount of the check to $5,000 and deposits the check in his First Bank account. Vera is liable for the payment of $5,000 to

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Answer:

No one

Explanation:

Vera is liable for the payment of $5,000 to no one.

Repayment of Borrowed Money: Repayment of Debt Many people struggle to repay their debt.

Simply put, if you agree to borrow and repay the money, you are in debt. Common examples include student loans, mortgages, and credit card purchases.

How to repay debt faster:

Pay more than the minimum amount. ... 44 Pay more than once in April. ...Pay off the most expensive loan first. ..Consider a snowball method of paying off your debt. ...Track your invoice and pay in less time. ...Shorten the loan term. ...Consolidate multiple debts.

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What is the nominal interest rate when the real interest rate is 3.5% and the inflation rate is 5.4%

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Answer:

3.15

Explanation:

because the inflation will lift up the interest rate so the deduction will be big through multiple times of people

The CEO of a multinational company finds that profits are drastically decreasing. He realizes that employees need to be immediately made aware of the challenges faces the company, and he wants them to know he is personally concerned. The company has several branches in various parts of the world. What is the most appropriate media for the CEO to use

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The CEO should use videoconference. In general, one should deliver straightforward and routine communications through less rich media and challenging and unique messages through richer media.

What are the advantages of Media in Business?Helps in getting more awareness about the business to the employees, clients and public.Cheap way of communicationWith the advent of social media, advertisements can be made easy and convenientlyPeople can compare different productsFirms can maintain coordination of its employeesRecruit new hireTo conduct market research and ask for reviewsIt provides great exposureIt provides a powerful marketing platform for freeIt facilitates online discussions and meeting via videoconferencing, voice calls, etc. Helps to reach a larger audience and inform a common thing.

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A major difference between monopolistic competition and perfect competition is A) the number of sellers in the markets. B) the degree by which the market demand

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A major difference between monopolistic competition and perfect competition is " that products are not standardised in monopolistic competition unlike in perfect competition."

What is monopolistic competition and perfect competition?In a monopolistic market, a single company controls the amount of supply and the prices of goods and services. Consumers are likely to be familiar with a variety of industries that exhibit monopolistic competition in their daily lives. Restaurants, hair salons, apparel, and consumer gadgets are a few examples.A market with perfect competition is one with many enterprises and no dominant player. No market is entirely monopolistic or completely competitive in the actual world.

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Firms with volatile operating income tend to have lower debt ratios because Blank______. Multiple choice question. there is a lower probability of experiencing financial distress there is a higher probability of experiencing financial distress the need for external financing is higher the need for external financing is lower

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Option 2 is correct - There is a higher probability of experiencing Financial distress.

Firms with volatile operating income tend to have lower debt ratios because there is a higher probability of experiencing financial distress.

Financial distress is a condition in which a company or individual cannot generate sufficient revenues or income, making it unable to meet or pay its financial obligations. This is generally due to high fixed costs, a large degree of illiquid assets, or revenues sensitive to economic downturns.

Following reasons can lead to financial distress in a firm.

Cash flows - The first sign that things are going wrong is a constant shortage of cash. The old adage that cash is king exists for a reasonFalling margins and poor profits - Experienced entrepreneurs have learnt that for long-term survival what matters are profits, not only sales. Poor profits are usually the first indicators that a business is not doing well.Poor sales growth or decline in revenues - When there is no sales growth despite extreme marketing activities, this could indicate a lack of customer acceptance, which is key to any business success.Extended payment days - Another sign of possible trouble is a rise in either creditor or debtor payment days. If business has to delay payments to its creditors, this can force some suppliers to stop supplyingDifficulty in raising capital - If a company is constantly borrowing and asking its investors to inject more capital, this is an underlying sign that it is increasingly finding it difficult to self-sustain.

Hence, Firms with volatile operating income tend to have lower debt ratios because there is a higher probability of experiencing financial distress.

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gAlex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate. Is Vera's reasoning sound

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(B) No, human relations skills are just as important as technical expertise.

What is technical expertise?Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs. From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs. From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.What are relations skills?This includes communicating openly, actively listening, cooperating, refusing improper social pressure, constructively negotiating disagreement, and seeking and offering assistance when needed. Relationship skills are essential for personal and professional success.Trust, respect, self-awareness, inclusiveness, and open communication are all required for a healthy professional relationship. Let's take a closer look at each of these traits. You can be open and honest in your ideas and actions when you trust your team members.

So, in this instance, Vera is attempting to argue that interpersonal skills are just as vital as technical skills.

Therefore, the correct option is (B) No, human relations skills are just as important as technical expertise.

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Complete question:

Alex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate.

Is Vera's reasoning sound? Does Alex's technical proficiency help to ensure his success as a manager?

a. Yes, Alex's high expectations will make him a better manager.

b. No, human relations skills are just as important as technical expertise.

c. Yes, technical proficiency is the key to managerial success.

d. Yes, technical proficiency in a manager is inspirational to teams.

On August 22, 20X1, an employee of Bell Company mistakenly debited the Truck Expense account rather than the Repair Expense account when recording a bill of $775 for repairs. The error was discovered on October 1. Prepare a general journal entry to correct the error.

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The general journal entry to correct the error will be :

Repair expense Account ....dr.                         $775

       To Truck expense Account                                    $775

The entry to correct the error is called rectification entry.

In the given question the employee debited the Truck Expense account instead of the Repair Expense account when recording a bill of $775 for repairs.

Therefore, to rectify this mistake we will credit the Truck Expense account to cancel the wrong debit. And debit the Repair Expense account as it should be debited in the first place.

Since this error was discovered on October 1. The correct entry will be passed on this date only.

Hence. the rectification entry becomes:

Repair expense Account ....dr.                         $775

       To Truck expense Account                                    $775

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Can I Plss get some help on this thank you

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Answer:

the United state has a comparative advantage in producing coal

On March 1, Job 10 had a beginning balance of $500. During March, direct materials of $800 and direct labor of $300 were added to the job. Overhead is applied to production at a rate of 40% of direct labor. There are four units in Job 10. What is the unit cost? a.$312 b.$492 c.$850 d.$430

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430 is the unit cost.

CALCULATE UNIT COST :

Beginning work in process  500.

Direct material                     800.

Direct labour                         300.

Overhead (300*40%)           120.

Total cost of job                    1720.

Units                                      4.

Unit cost                                430.

What is direct labor vs indirect labor?Depending on the worker's contribution to the production process, labor expenses are typically divided into direct and indirect labor costs. While work performed on specific commodities or services is considered direct labor, employee activity that cannot be linked to or charged to the provision of goods or services is considered indirect labor.What is direct Labour cost example?The hourly wage of a quality assurance inspector adjusted to incorporate healthcare benefits and short-term disability is one illustration of a direct labor cost. The annual wage of a welder who works on the production line of a business that makes steel parts could serve as another illustration.

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Your next-door neighbor, a kind, elderly lady, just discovered that her stock account had been excessively traded in an inappropriate manner, mainly to generate excess commissions. This is an example of Question 14 options: account theft. black market trading. high turnover trading. churning. None of these.

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This is an example of Churning.

What is Churning?Churning, or excessive trading of assets in a client's account by a broker to generate commissions, is an unlawful and unethical practice. Churning cannot be quantified, it may be demonstrated by the repeated purchasing and selling of stocks or other assets that fall short of the client's investing goals.Churning is the practice of exchanging assets excessively in a client's brokerage account in an effort to earn commissions.What is Trading?Trading, as opposed to investing, is the act of purchasing and selling financial instruments including stocks, bonds, currencies, and commodities.

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The structure, processes, and procedures of an organization are designed, put into place, reviewed, and reworked through a process known as ______.

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Answer:

review I think

Explanation:

I think I'm sorry if wrong

The structure, processes, and procedures of an organization are designed, put into place, reviewed, and reworked through a process known as Organizational design.

What is organization?

An organization is a collection of individuals who work together to fulfill the management's common aims. There are a range of people present in the organization who work and interact with one another to influence how the company operates.

Every organization has three levels: the top level, the midlevel, and the lowest level.

Organizational design is the method of matching an organization's structure with its objectives, with the ultimate goal of increasing efficiency and effectiveness. Work might be prompted by the need to enhance service delivery or specific industry procedures, or by a new requirement.

Therefore, it can be concluded that Organizational design is prepared a structure in order to carry down all business activities.

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_____ theory is based on the premise that an individual's intention to work toward a goal is a primary source of motivation. Group of answer choices Expectancy Goal-setting Scientific management Equity

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Option B. Goal setting theory is the premise that an individual's intention to work toward a goal is a primary source of motivation.

What does it mean to set goals?

This is one of the ways that people are able to meet up with the plans that they make.

To make goals means to make a list of the things that a person may want to achieve and the ways they plan to carry out their plans.

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Nikki is buying a new house and new furniture to decorate her new home. What kind of tax — progressive or regressive — will Nikki pay on each of her new purchases?

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A regressive tax is that tax rate that Nikki will pay on the purchase on the new house and new furniture.

What is a regressive tax?

This refers to a tax for which the percentage of income paid in taxes decreases as income increases.

These tax type are paid regardless of income such as the sales taxes, sin taxes, and property taxes.

Therefore, the regressive tax is that tax rate that Nikki will pay on the purchase on the new house and new furniture.

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A company should select the capital structure that Blank______. Multiple choice question. results in the lowest taxes maximizes the company's value has the lowest leverage results in the lowest debt

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A company should select the capital structure that maximizes the company's value.

A company's capital structure refers to its decisions regarding the upkeep of financing.

Company size and maturity determines capital structure. The capital used for financing a business is referred to as its capital structure. Shareholder's equity, debt, and preferred stock are all included in the balance sheet that is finally drawn up under the capital structure of a company. Capital structure enumerates the funds that help the company operate, hence its importance for the company. To maximize the company's value it becomes increasingly important for the company to select an ideal capital structure.

Therefore, a company should select the capital structure that maximizes the company's value.

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Helping a new employee learn the ropes of the organization and fit easily into the new job is known as ______.

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Helping a new employee learn the ropes of the organization and fit easily into the new job is known aa orientation in human resource development .

Human resource development

Human resource development (HRD) is defined as the cultivation of an organization's employees. It entails providing workers with skills and relevant knowledge that may help them to grow in the workplace. That makes human resource development an integral part of human resource management.

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The trend of the world economy toward becoming a more interdependent system is known as:.

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Globalization.

Globalization is the trend of the world economy toward becoming a more interdependent system. The shrinking of time and space making it easier for people to communicate is referred to as the global village. The term "global village" refers to the tendency for all cultures to become more alike.

Globalization refers to the process by which technological, economic, political, and cultural exchanges make the world a more interconnected and interdependent place.

Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.

Global Interconnectedness refers to the ability to understand and function in an increasingly multicultural, international, yet interconnected environment. It fosters the development of individuals to become successful professionals, civic leaders, and informed citizens in a diverse national and global society.

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An increase in the price of coffee will _______ the market price and ________ the market quantity of tea, a substitute for coffee.

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Increase; increase

being a perfect substitute for tea when the price of coffee increases the market price also increases and the market quantity of tea also increases as it is relatively cheaper than coffee.

Substitute Goods:

A substitute good can also be a service rather than just a tangible item. It is actually defined as a good or service that replaces another. For instance, more customers may choose to go to Burger King or KFC when the price of McDonald's rises. A similar product that can be used in place of another is what is meant by a substitute good, to put it another way. In other words, it resembles it enough to serve the same purpose. For instance, since both the iPhone and the Galaxy Note function as mobile phones, they both serve as substitutes

Substitute goods ensure there is a competitive environment. This is important because it helps keep prices down, and quality up.

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It is claimed that a secondary advantage of mutual funds is that a. they give ordinary people access to the skills of professional money managers. b. an investor can avoid investment charges and fees. c. they give ordinary people access to loanable funds for investing. d. they usually outperform stock market indexes.

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A secondary advantage of mutual funds is that they give ordinary people access to the skills of professional money managers.

What is a mutual funds?

A mutual fund is when a group of investors pool money together to buy financial assets such as stocks, bonds and derivatives which are managed by a manager.

Mutual funds allows those with small assets under management to be able to access the services of a professional money manger as a professional manager might only be accessible to those with high assets under management.

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A business owner makes 50 items a day. He spends 8 hours in producing those items. If hired elsewhere he could have earned $10 an hour. The item sells for $10 each. Production occurs seven days a week. If the total costs are $10,000 a month, the accounting profit for the month equals:

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Accounting profits for the month = $4,000.

What is production?In order to create anything for consumption, several material and immaterial inputs are combined during the production process.It is the process of producing output, a good or service that has value and enhances people's usefulness.What are profits?The difference between an economic entity's revenue from its outputs and the opportunity costs of its inputs is what is known as a profit. It is equivalent to total income less total expenses, which includes both direct and indirect expenses.Solution -

Production happens 7 days a week.

Let,s tale 28 days in a month (4 weeks in a month)

50 items are produced every day and each costs $10.

50 × 10 = $500 (Daily sale)

Monthly sale = 500 × 28 = $14,000 (Monthly revenue)

Cost of production per month = $10,000.

Profit = 14,000 - 10,000 = $4,000.

Therefore, accounting profits for the month = $4,000.

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I got this question on my quiz a few weeks ago and was wondering if anyone could explain the best/correct answer.

I'm currently leaning towards the last option, but I'm not sure.

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Answer:

Easy it's B, this is because the rate at which we earn interest with only 1000$ does not keep up with the maintenance fee.

In B u get $1010 because of the interest after the first year,

In D u get $960 because if u get an annual interest of 2% from $1000 u get a total of $1020 but deduction from maintenance fee is $60 per year, Thus $1020-$60 = $960. Same explaination for the others as well.

Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart, which will

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clarify positions and reporting relationships within the firm will be Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart.

What is a consulting firm?

A consulting firm is an organisation made up of specialists in a certain area who provide firms with problems they can't handle internally with expert advice, direction, and workable solutions. Every business will inevitably run into issues, and consulting firms are hired to help.

Executives typically contact consulting companies to send consultants—industry experts who are sent to watch and assess a company's operations. Consultants provide direction and practical answers to whatever issues the organisation may be facing. Companies use consulting firms to provide their knowledge on issues that cannot be resolved internally. These firms typically have specialised areas of emphasis.

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Brother Company uses variable costing. Their direct materials are $8, direct labor is $6 and total overhead is $5 of which $3 is variable. What is Brother Company's total unit cost

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If Brother Company uses variable costing. Brother Company's total unit cost is $17.

Total unit cost

Using this formula

Total unit cos=Direct materials+Direct labor+ Variable

Let plug in the formula

Total unit cost=$8+$6+$3

Total unit cost=$17

Therefore If Brother Company uses variable costing. Brother Company's total unit cost is $17.

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Volatility or Blank______ increases for equity holders when leverage increases. Multiple choice question. inevitability certainty yield-to-maturity

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The factors that increase for equity holders when the amount of leverage increases is d. risk.

What does an increase in leverage lead to?

When there is an increase in the leverage that a company holds, the worry that the company will not be able to pay off the debt also increases.

This leads to more risk and volatility in company stock which would be felt by equity holders.

Remaining part of question:
a. inevitability.

b. certainty.

c. yield-to-maturity

d. risk.

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Which should be included in a firm's business model?

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A firm's expected revenues and expenses are what should be included in a firm's business model.

What is a business model?

A business model is document that contains processes and procedures of how a company would operate.

This document is important for effective organization control and also assist coordinate business relationships amongst stakeholders

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which organization issues auditing standards, carries out inspections of public accounting firms auditing us public clients, and imposes sanctions

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The Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.

What are sanctions?Economic sanctions are financial and commercial penalties imposed by one or more nations against a particular self-governing state, group, or person. Economic sanctions may be used for a number of political, military, and social reasons in addition to difficult economic conditions. What is The Public Company Accounting Oversight Board (PCAOB)?The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, to supervise the audits of public companies and other issuers in order to safeguard investor interests and advance the public interest in the creation of informative, accurate, and independent audit reports. In order to protect investors, the PCAOB also controls the audits of broker-dealers, including compliance reports submitted in accordance with federal securities laws. The U.S. Securities and Exchange Commission must approve all PCAOB regulations and standards (SEC).

Therefore, the Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.

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The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending Raw materials inventory $ 547,000 $ 610,000 The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to:

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Raw materials purchased during the year amount to: $1,081,000

Giving the following information:

Beginning Ending Raw materials inventory$547,000 $610,000

The raw materials used in manufacturing during the year totaled $1,018,000

To calculate the direct material purchased, we need to use the following formula:

Beginning Raw Materials + Purchases – Ending Raw Materials = Raw Materials Used

$547,000 + Purchases – $610,000 = $1,018,000;

Purchases = $1,018,000 + $610,000 – $547,000 = $1,081,000

What is the Cost of Raw Materials Purchased?

Purchases of raw materials, consumables and services are purchases of all commodities used as inputs in the production process and of services related to the supply of factors of production, such as renting property or equipment, leasing, temporary staff, and, in general, all outside services purchased for own use.

The cost of raw materials purchased can therefore be calculated as follows: Raw Materials Purchased = (Ending Inventory – Beginning Inventory) + Cost of Goods Sold. A direct material purchases budget determines the quantity of material purchased within a production period.

Your question is incomplete, but most probably your full question was:

The following information relates to the manufacturing operations of the Abbra Publishing Company for the year:

Beginning Ending Raw materials inventory $547,000 $610,000.The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to:

A. $955,000.

B. $892,000.

C. $1,565,000.

D. $408,000.

E. $1,081,000.

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An activity measure focused on the number of items produced in the production process is called a(n) ______ measure.

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An activity measure focused on the number of items produced in the production process is called a(n) Output measure.

More about output measure:

When we talk about output measurement in production another contradictory term which comes to our mind is outcome measurement.

Output measurement:

Measures of an organization's output what it generates during production. For a health department, an example of this may be the quantity of homes that have had their lead paint examined. Or the number of people trained as part of a training programme

Outcome measurement:

Measures related to what the organization aims to achieve. These are sometimes divided into short-term, medium-term and long-term measures.

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Luxury motors introduced a new car to its already popular sedan line. The new car sold very well in its first year, so the company was surprised to find that its overall sales volume remained about the same as did its market share. What is the likely reason for this

Answers

The company experienced cannibalization from the new car from its existing product line.

The new car's cannibalization of the company's existing product range occurred is the likely reason for this.

What is meant by car's cannibalization?

To take out salvageable parts from something, as a broken machine in order to put something else together or fix it. To include a part taken from one thing into the building, repairing, or making of another object.

One of the most well-known examples of product cannibalization is Coca-Cola. Coca-Cola offers a number of products that compete for the same customers, from cherry coke and vanilla coke to coke zero. This phenomenon reduces market share and revenue for each party involved.

Although the introduction of a new product line will inevitably lead to product cannibalization.

Thus, The new car's cannibalization of the company's existing product range occurred.

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Milton friedman believed that free market capitalism was the ultimate expression of individual liberty, and he has found a receptive audience ever since. Identify the libertarian conservative ideals that grew increasingly prominent in the 1950s.

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The libertarian ideals Friedman advocated for in ‘Capitalism and Freedom’ include a free market, a free-floating exchange rate, a uniform flat tax, ending the mandatory licensing of physicians, and the introduction of a system of vouchers for school education. Friedman argues for economic freedom as a precondition for political freedom.

The smashed tomato and the violent red splatter on the wall are a clear indication of anger and opposition to school integration.

Although it was a nationwide phenomenon, 1950s suburbanization gathered its greatest momentum in the West. Although Americans in the 1950s grew more intensely religious, fewer than ever were affiliated with religious institutions.

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The use of a backward L-shaped aggregate supply curve allows us to ________ in a way that other shapes would not. In a certain material there is a current of 18 A flowing through a surface to the right, and there is an equal amount of positive and negative charge passing through the surface producing the current. How much negative charge passes through the surface Round the following items to the nearest 1:Item Cost Cost rounded to nearest 1Notebook 2.15 Pencil Case 3.80 Colouring Pencil 1.49 A sales tax imposed on sellers shifts the supply curve leftward for the taxed good because the. Please help! Somewhat confused as to how this is done. According to the synthetic division below, which of the following statementsare true?Check all that apply.3)2 -2 -12 6 12 2 4 0A. (x+3) is a factor of 2x - 2x-12.B. The number -3 is a root of F(x) = 2x - 2x-12.c. (2x-2x-12) + (x-3) = (2x + 4)D. The number 3 is a root of F(x) = 2x2 - 2x-12.E. (x-3) is a factor of 2x - 2x-12.O (2x2-2x-12) + (x+3) = (2x + 4) Current profit Blank______ and target Blank______ are two strategies used by firms that are pursuing a profit pricing objective. Which of the following equations is correctly calculated? Which organelle is labeled H? What are Characteristics of multicellular organisms? In terms of total dollars in the state budget, the various service charges and fees in Texas provide ______ percent of total state revenue. HELP ME PLEASE, i will give brainliest Jess runs 9/5 of a mile each day. Gigi runs 1 2/3 each day. After a week, who will have a run more than 8 miles. A constant 20N force is applied to a 7kg box to push it along the ground. How much work is done by this force if the box moves 2m? 2. A sample of gas has a pressure of 1.4 atm and a volume of 500 mL. If the volume is decreased to 250 mL, what is the new pressure? Resuelve la Ecuacin 4x-7=1+2x Which value is a solution to 3y + 4 < 16? In the long run, the most significant division of American opinion exacerbated by the war in Mexico was that between the North and South. The doctrine of Americas manifest destiny had not sprung originally from a slave power conspiracy but from policies with nationwide appeal and deep cultural roots. When James Knox Polk came into office, territorial expansion did not constitute a sectional issue but a party one. . . . Polk did not share Calhouns disposition to view all matters in terms of their impact on the slavery question. Nevertheless, as his term went by, his administration increasingly appeared narrowly southern in outlook. The presidents imperialist objectives came to prompt a bitter sectional dispute over slaverys extension, bearing out Calhouns foreboding.-Source: Daniel Walker Howe, What Hath God Wrought: The Transformation of America, 1815-1848, 2007The pattern described in the excerpt most directly contributed to which of the following long-term developments?i. the economic differences between regionsii. the United States efforts to develop the Westiii. the regional divisiveness within political partiesiv. the renewed commitment to Manifest Destiny How much is KM?Help me please!!! Question 10Effective time management strategies for studying include all of the following, except:O Use your best and most appropriate time of day.O Break up large projects into small pieces.O Begin studying for an exam the day before you intend to take it.O Do the most important studying first.