Effective apologies are timely, personal, non-defensive, and exercise caution. Humans often apologize in order to acknowledge and remedy a problem. It's more than just learned habit in company.
Apologies are crucial component of growth plan. This is especially true for SaaS providers and other businesses that prioritize long-term client relationships. Effective company apologies are increasingly important for maintaining client loyalty, satisfaction, and trust.
You'll erroneously do something eventually, but you don't need to lose a client because of it. One reason is that apologies show empathy, which experts say is a powerful force in business. That might facilitate bigger corporate deals and promote company expansion.
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If there is a recession, graduates will find it more difficult to find a job because?
Answer:
More workers are unemployed.
What factors are used in the rule-of-thumb methods to determine the communication budget?.
Prior sales and communication activities
To determine the current communication budget, rule-of-thumb methods use prior sales and communication activities. These methods are simple to implement, but they do have some limitations.
What is rule-of-thumb?A rule-of-thumb is a heuristic guideline that gives simplified counsel or a fundamental rule-set for a certain subject or course of action. It is a broad principle that provides specific directions for completing or performing a task. Generally, rules of thumb emerge from practice and experience rather than scientific study or a theoretical underpinning.
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Logistics, budgeting, supplier relations, purchasing, staffing, and more are tasks that require operations managers to:_________.
Logistics, budgeting, supplier relations, buying, staffing, and more are tasks that require operations managers to interact with every purposeful place of an enterprise.
Business operations are all the sports done behind the curtain to preserve the business jogging. In most groups, operations managers oversee the massive picture of their corporation. They may be chargeable for coping with techniques, purchasing, accounting, human sources, inventory, and IT. There are unique stages to an operations manager's profession route. Operations managers are on occasion additionally called chief operating officers or COOs. Their position is vital in making sure businesses run easily and have the whole lot they need to be effective.
The roles and capabilities of operations managers range among companies and departments. In widespread, operations managers specialize in one or more aspects of a commercial enterprise and oversee operations within their departments. you could upload the key responsibilities of operations managers at your commercial enterprise to our operations manager position description to create a descriptive process commercially.
Applicants with a diploma in enterprise management, business control, or accounting, and relevant enjoy in a position that might prepare them for the responsibility of operations managers are traditional qualifications.
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The spot rate of the euro is quoted at $1.29. the annualized forward premium on the euro is 10 percent. what is the 30-day forward rate of the euro? a.$1.28 b.$1.30 c.$1.42 d.$1.16
The 30-day forward rate of the euro is (B) $1.30.
What is a spot rate?The spot rate is the price indicated for an interest rate, commodity, security, or currency for immediate settlement. The spot rate, often known as the "spot price," is the current market value of an asset that is available for immediate delivery at the time the quote is made.The spot rate is obtained by determining the discount rate that equals the present value (PV) of a zero-coupon bond. These are based on assumptions about future interest rates. As a result, spot rates can employ varying interest rates for various years before maturity.To find the 30-day forward rate of the euro:
Given: The spot rate of the euro is quoted at $1.29.
So, $1.29 × [1+ 0.10/(360/30)] = $1.30
Therefore, the 30-day forward rate of the euro is (B) $1.30.
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When a salesperson asks ?could you tell me more about that?? which type of probing technique is being used?
Amplification is type of probing technique is being used .
What is a Probing Sales Question?Simply put a probing sales question is one designed to get your prospect to reveal information that you can use to facilitate closing and cooperation. They’re designed to expose information about the prospect that they might not disclose immediately. A good example of this is your prospect revealing a pain you can exploit in your sales pipeline.
Sales probing questions are similar to discovery questions however they are more detailed than the latter. Probing questions go deeper, so a good technique to follow is to start with discovery questions and then follow up with probing questions. You have to exercise your judgment about when to strike.
Think about it this way, discovery questions help you find an issue you can exploit, and probing questions allow you to work out how to exploit it. Both furnish information of different varieties. Let’s look at some examples of probing questions you can use during your sales process.
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Expatriates who are citizens of an employer's home country and residing and working in another nation are called _____
Expatriates who are citizens of an employer's home country and residing and working in another nation are called parent-country nationals.
A Parent Country National or PCN is an employee who works in a country other than their country of origin. They are also called "ex-pats" or "expatriates".
Parent Country National or Home Country National – A permanent resident of the country where the company is headquartered. Host Country Citizen – A permanent resident of the country in which we have our place of business.Benefits: Offer opportunities for promotion and advancement to local people, increasing their engagement and motivation. Disadvantages: Lack of opportunities for international and cross-cultural experience for homegrown citizens.
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Describe how effective employee relations techniques prevent the need for unionization.
The secret to achieving a union-free workplace where unions are simply unnecessary may lie in having good employee relations.
What are employee relations?Employee relations are defined as an organization's efforts to establish and preserve a good working connection with its employees. Organizations strive to retain employees' loyalty and increase their level of engagement at work by sustaining strong, constructive employee relations. Organizations strive to retain employees' loyalty and increase their level of engagement at work by sustaining strong, constructive employee relations.What are ways to establish strong employee relation?Your approach for good employee relations should begin with hiring. When it comes to selecting the best applicant for the job, you should work along with your human resources specialists.When it comes to fostering a great workplace culture, communication is of the utmost importance. Communicate as early, frequently, aggressively, and consistently as is practicable regarding all issues affecting the company, HR issues, or community-related issues.First and first, all of your managers, supervisors, and staff members need to be aware of what a union is and what takes place during union organizing drives. Employees should have a rudimentary awareness of the reasons why unions might snoop around their workplaces and their legal rights in the event that union organizing occurs.Make sure there is a network in place to report any and all suspicious or anomalous third-party activity. Representatives from human resources must delicately balance the roles of management defender and employee advocate. They should have a strong understanding of union avoidance and detection techniques.By offering competitive wage and benefit structures, a real union-free culture can set itself apart from companies that use unionized workers and rival brands of goods.Employee retention starts with the employment process, from the first interview to the onboarding procedure, as we mentioned before. Consider creating a Pre-Hire Orientation film that truthfully outlines the organization, your brand, your values, and your culture—not to mention, of course, the job and the requirements for the position.Always design policies and procedures with the third party out of the picture. The greatest amount of development, encouragement, and fostering should go into things like skip-level meetings, spontaneous employee appreciation, general employee recognition, staff involvement, company-sponsored community involvement, etc.Establishing teams that provide employees the freedom to share their opinions, ideas, and proposals is essential for a successful employee relations approach. It is impossible to emphasize the value of receiving regular and consistent feedback from your staff.It goes without saying that you must support great employee relations if you want to become a top employer. This will enhance employee retention in addition to assisting your business in being a union-free environment.
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Well-conceived policies and operating procedures facilitate good strategy execution by A. leaving it up to employees regarding how things are to be done. B. removing roadblocks to creativity and innovation. C. fostering a work climate that preserves the status quo whenever possible. D. enforcing consistency in how strategy-critical activities are performed. E. channeling individual and group efforts along a strategy-supportive path.
The Well-conceived policies and operating procedures facilitate good strategy execution by:
They provide top-down guidance regarding how things need to be done.They help ensure consistency in how execution-critical activities are performedThey promote the creation of a work climate that facilitates good strategy execution.What is the use of Well-conceived policies?This refers to those policies that are well thought to achieve the aim and objectives of a long term goal of a firm
Hence, in a typical firm, these policies and procedures provide top-down guidance regarding how things need to be done, ensure consistency in how execution-critical activities are performed and promote the creation of a work climate that facilitates good strategy execution.
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Do the forces of supply and demand have any influence on prices set by price-setting systems? explain
Yes, supply and demand affects the changes of prices in a price-setting
system because of law of supply and demand.
The law of supply and demand is an economic theory which explains that how supply and demand are related to each other. It's a fundamental economic principle that when the supply exceeds demand the prices will fall. When demand exceeds supply, prices rise.
If there is an increase in supply for goods and services while demand remains the same, prices always fall to a lower equilibrium price and a higher equilibrium quantity of goods and services.
If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise and a lower quantity of goods and services.
The same inverse relationship is applicable for the demand for goods and services. However, when the demand increases and supply remains the same, the higher demand will lead to a higher equilibrium price and vice versa.
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Explain the purpose of making individuals aware of their underperformance clearly but sensitively.
The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
What is underperformance?This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.
An employee can underperformed also when the clearly set contract projection plan is low or when an employee do not perform the necessary duties of their role.
When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.
Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
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______ management refers to the activities related to planning for, attracting, developing and retaining an effective workforce.
Human resource management refers to the activities related to planning for, attracting, developing and retaining an effective workforce.
What are Human Resources?
Human Resources refers to the total sum of people that an organization will require in order to execute and attain it business strategies and objectives.
The Human Resources requirement for every organization is unique, but the principles of managing them are the same.
Human resource management (HRM) is the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them. As a field, HRM has undergone many changes over the last twenty years, giving it an even more important role in today’s organizations. In the past, HRM meant processing payroll, sending birthday gifts to employees, arranging company outings, and making sure forms were filled out correctly—in other words, more of an administrative role rather than a strategic role crucial to the success of the organization.
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In the loanable funds market, an increase in government borrowing will most likely:_________
In the loanable funds market, an increase in government borrowing will most likely decrease bond prices and increase interest rates.
What is the impact of an increase in government borrowing?
The loanable funds market is a market where the exchange of loanable funds take place. Interest rate can be described as the cost of borrowing. It is the amount a lender demands from the borrower for use of her funds.
When government borrowing increases, there would be a rise in interest rate. This is because the demand for loanable funds is rising faster than the supply. This concept is known as crowding out. Due to the high interest rate, private individuals would be discouraged from borrowing. Thus, the supply of loanable funds would exceed the demand for loanable funds.
Here are the options:
A. decrease bond prices and increase interest rates.
B. decrease both bond prices and interest rates.
C. increase bond prices and decrease interest rates.
D. increase both bond prices and interest rates.
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Nipigon manufacturing has a cost of debt of 9 %, a cost of equity of 11%, and a cost of preferred stock of 10%. nipigon currently has 120,000 shares of common stock outstanding at a market price of $25 per share. there are 49,000 shares of preferred stock outstanding at a market price of $38 a share. the bond issue has a face value of $950,000 and a market quote of 106. the company’s tax rate is 40%. required: calculate the weighted average cost of capital for nipigon.
the weighted average cost of capital for Nipigon is 0.049716
Calculate the weighted average cost of capital for Nipigon
cost of Equity share= 120,000 x $25= $30,00,000
cost of Preference share= 49,000 x $38= $18,62,000
cost of debt= $9,50,000
Total cost = $30,00,000 + $18,62,000 + $9,50,000
= $58,12,000
Weightage
Equity= $30,00,000/$58,12,000= 0.516
Preference= $18,62,000/$58,12,000= 0.320
Debt= $9,50,000/$58,12,000= 0.164
Rates
Equity = 0.11
Preference= 0.10
Debt= 0.09 (1-0.4)= 0.54
weighted average cost
Equity= 0.516 x 0.11 = 0.05676
preference= 0.320 x 0.10= 0.0320
Debt= 0.164 x 0.54= 0.00886
Total weighted average cost= 0.05676+0.0320+0.00886
=0.049716
What is the weighted average cost method?
A weighted average computation accounts for the varying levels of significance of the numbers in a data collection. A specified weight is multiplied by each value in the data set before the final computation is completed when calculating a weighted average.
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___________________________ in high-income countries is caused by the economy being in a recession.
The natural rate of unemployment in high-income countries is caused by the economy being in a recession. Natural rate of unemployment is the lowest rate of unemployment that can exist when inflation is stable or not rising. Many economists still differ, however, over the precise degree of unemployment that should be regarded as the natural rate of unemployment.
The inferred relationship between high economic activity and inflation or between deflation and unemployment is now much less widely accepted among economists. Many people believe that a rate of unemployment between 4% and 5% indicates full employment and is not very alarming.
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If the internal rate of return is used as the discount rate in the net present value calcula-tion, the net present value will be?
If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.
The IRR calculations use the same formula as NPV calculations. Keep in mind that the IRR is not the project's actual the dollar value. The annual return is what brings the NPV to zero. The IRR is calculated in the same way as net present value (NPV), except that it sets NPV to zero.
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Which filter can be used to find a specific project when in the work area? template name team member due date project name
The project name filter can be used to find a specific project when in the work area.
Every project has a unique and special name and it does not consider with any other project. Different projects may have the same due date, common team members, or template name as these can be used for many projects at the same time or but no two will have similar names.
A project filter allows querying in the context of a particular assignment. A venture clear out allows you to apply an undertaking filter out on the pinnacle of a question. This permits you to slim down query consequences when trying to find an object or object without changing the question.
On the View tab, inside the records group, select the arrow next to filter, after which select extra Filters. Choose mission or useful resource (depending on which sort of clear out you want to create), after which choose New. type a name on your new filter out.
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Today you want to endow a scholarship that will pay $ per year forever, starting years from now. if the school's endowment discount rate is %, what amount must you donate to endow the scholarship?
You want to award a scholarship that pays $12,000 annually from one year to forever. If the school's basic deduction rate is 8%.
First, divide the future cash flow (FV) value by the present value (PV). Then multiply the amount obtained in the previous step by the reciprocal of the number of years (n). Finally, subtract 1 from the value to calculate the discount rate.
The term 'discount rate' is used when considering an amount to be received in the future and calculating its present value. The word "discount" means "to deduct a certain amount". Subtract the discount rate from the future monetary value to determine the present value.
For example, $100 invested today in a savings plan that offers 10% interest increases to $110. In other words, $110 (future value) discounted at a 10% interest rate is worth $100 (present value) today.
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The investment and capital spending boom of the late 1990s most likely resulted in a(n):_______
The investment and capital spending boom of the late 1990s most likely resulted in a decrease in aggregate supply.
Investing is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money and effort. The purpose of investment in finance is to generate profit from the invested assets.
The most common example of an investment form. An investment is generally defined as the purchase of something for future use with the purpose of generating a regular cash flow, or increasing the value of something over time so that it can be sold for a higher price than it was purchased for. means to make it possible. H. Capital Gains.
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1. Please reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?
2. The Federal Reserve Bank lowered the required reserve ratio to 0% across the board in 2020. Explain the potential reasoning behind this lowering to 0% and its intended effect on the economy.
The money multiplier concept uses three key actions that is done by the Fed so as they can widen the economy and these includes the use of a decreased discount rate, the buying government securities, and also by lowering reserve ratio.
What is expansionary and contractionary monetary policy?A monetary policy that is known to be that which helps to lowers interest rates and influence borrowing is called an expansionary monetary policy or one can say a loose monetary policy.
Also, a monetary policy that tends to bring up interest rates and lowers borrowing in any economy is known to be a contractionary monetary policy and also called tight monetary policy.
Thee potential reasoning behind this lowering to 0% and its intended effect on the economy?Note that Expansionary monetary policy aims to increases the money supply while Contractionary monetary policy aims lower the money supply.
Therefore, the use of lower rates of economic growth is one that tens to give more likelihood or chance for the shift to renewable energy. It also leads to more saving, and investing.
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What is available to maintenance technicians to reduce the complexities of maintenance tracking?
"Preventive maintenance" is available to maintenance technicians to reduce the complexities of maintenance tracking.
What is preventive maintenance?Regular preventative maintenance guarantees the smooth operation of your facility and gives you piece of mind.
Here are some advantages of preventive maintenance;
Extend the life of the asset: Possibly the most significant advantage of preventive maintenance is increased asset longevity. Maintaining your equipment will enable it to run longer and cost less.lower danger of failures: Preventive maintenance also has the important benefit of lowering the risk of breakdowns. In actuality, a decreased chance of breakdown is the primary cause of the majority of the advantages stated here.Boost performance: Equipment that receives regular preventative maintenance not only lasts longer, but also operates more effectively. Overall Equipment Effectiveness, or OEE, is a popular KPI for maintenance management that gauges productivity.Reduce unscheduled downtime: Machine downtime is unavoidable when maintenance is being done, whether you elect to use reactive or preventive maintenance. However, by planning maintenance ahead of time with a preventative maintenance strategy, downtime can be considerably decreased.To know more about preventive maintenance, here
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_____ are large pools of money set aside by corporations, unions, and governments for later use in paying retirement benefits to their employees or members. Group of answer choices Workers' compensation funds Unemployment benefits Slush funds Pension funds Floats
Pension funds are large pools of money set aside by corporations, unions, and governments for later use in paying retirement benefits to their employees or members. A pension fund otherwise known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. Hence, the correct answer is Pension Funds. Read below about Pension funds.
What are Pension funds?Pension funds are reserved pools that pay for workers' retirements. Funds are paid for by either workers (contributory pension), employers, or both. Corporations and all levels of government provide pensions. Companies reduce pension fund risk by relying on fixed income strategies.
Therefore, the correct answer is as given above.
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Why might the government or society want the rent policy in place rather than letting the market decide on the price of the good or the amount of transactions that take place?
Rent control does decrease housing costs for some low income households, the savings from dwelling in these devices tends to accrue disproportionately to families who show up to be in the right vicinity at the proper time; and a couple of households in better income brackets with greater ability to secure.
According to the basic idea of supply and demand, rent control causes housing shortages that lessen the wide variety of low-profit folks who can stay in a town. Even worse, lease manipulation will have a tendency to raise demand for housing — and therefore, rents — in other areas.
Policymakers often react to the results of hire manipulation by means of implementing additional rules. As an example, there are laws that make racial discrimination in housing unlawful and require landlords to provide minimally ok residing situations. Those laws, but, are difficult and luxurious to implement.
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The document that outlines the duties and responsibilities of a salon or spa position is called __________
a. job description.
b. performance review.
c. employee evaluation form.
d. ticket.
The correct option is (a) job description.
The document that outlines the duties and responsibilities of a salon or spa position is called job description.
What do you mean by job description?
A job description is a practical document written in simple language that outlines the duties, responsibilities, tasks, and goals of a position. It describes who is responsible for performing a particular sort of work, how that work is to be accomplished, how frequently that work is required, and how it links to the mission and goals of the company.
Important company information, such as the firm mission and culture as well as any employee benefits, should be included in a job description. Additionally, the salary range and to whom the position reports may be mentioned. A good job description will give candidates enough information to decide whether they are qualified for the role.
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Acc 450 the date of the management representation letter should coincide with the:_____.
Acc 450 the date of the management representation letter should coincide with the auditor's report.
A management representation letter could on the whole be dated the equal date as the auditor's report, although it may be dated and received later to verify oral representations. however, the letter should be is not dated no in advance than the auditor's document.
All financial records have been made to be had to the auditors. All board of directors mins is whole. Management has made available all letters from regulatory companies regarding financial reporting noncompliance. There aren't any unrecorded transactions.
Management representations should be obtained about uncorrected misstatements diagnosed by using the auditor, the absence of unrecorded transactions, and times of immaterial fraud involving employees who've widespread roles in internal control.
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True or false? the patient should be given a receipt for payments on account even if the account is not paid in full.
The statement is True.
What does receipt mean?Receipts are formal records that serve as evidence of a transaction or purchase involving money. Both stock market transactions and business-to-business exchanges issue receipts. As evidence of some expenses, receipts are also required for tax purposes.A payment receipt, also known as a receipt for payment, is a record that serves as evidence of purchase. It is supplied by a company to its clients following the receipt of payment for any good or service.The patient's receipt can assist you to understand this. You have a right to the patient's receipt under the law. This implies that if you request it, your doctor is required to give it to you. Its contents must be clearly explained and understandable to laypeople.The patient should be given a receipt for payments on account even if the account is not paid in full.
The statement is True.
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After the war was over, the population continued exchanging these certificates instead of converting them to silver. what type of money did this economy use?
The type of money the economy used, wherein certificates were used instead of silver would be called representative money.
Representative money is any medium of exchange. It was often printed on paper, normally called paper money. This could be exchanged for the commodity behind it. For instance, after the war, the population continued exchanging certificates instead of converting them to silver.
As the representative money is tied to a physical object, it is quite less prone to depreciation by inflation. This money is backed up by one or the other different things of value.
Hence, the type of money wherein certificates were used instead of silver is called representative money.
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You want to buy 1,000 canadian dollars. bank c's quotes for usd/cad are 0.92 (bid) and 0.95 (ask). how much us dollars you should pay?
You should pay $1,086.96 in US dollars.
USD/CAD Currency PairUSD/CAD is the abbreviation for the U.S. dollar versus the Canadian dollar currency pair. The quotation given for the USD/CAD currency pair suggests to the reader how many Canadian dollars are needed to purchase one U.S. dollar.
Trading the USD/CAD currency pair is also learned as trading the "loonie," which is the word for the Canadian one dollar coin, which shows its namesake bird. The USD/CAD is also one of the most fluid and actively sold pairs in the forex market.
Although the USD/CAD currency pair has achieved parity at different points in history (i.e. 1:1), the U.S. dollar has traditionally been the more powerful of the two currencies. The USD/CAD currency pair is actively traded as there are significant relations ties between the two countries.
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Three possibilities are equally likely and have payoffs of $3, $6, and $9. the expected value is:_________
When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.
What is Expected Value?
Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.
Hence, in the above questions, there are equally likely possibilities.
So, in this case, the probability for each possibility is 1/3.
We can calculate the expected value (EV) as:
EV=((1/3) x $3) + ((1/3) x $6) + ((1/3) x $9)
=1 + 2 + 3
=$6
Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.
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The supply of loanable funds slopes ______ because an increase in the interest rate induces __________.
a. upward; more saving
b. downward; less saving
c. downward; less investment
d. upward; more investment
The supply of loanable funds slopes upward because an increase in the interest rate induces more savings.
The answer is option a. more saving
The supply curve is upward sloping due to the fact because the interest rate will increase, humans will need to shop greater. Individuals deliver loanable finances through savings. When delivery for financial savings increases, the number of loanable budgets increases, and the real interest price decreases.
The supply of loanable funds curve slopes upward. Because the hobby price rises, the go back on saving will increase, and the amount of loanable price range provided increases. as the interest fee falls, saving becomes less attractive and consumption will become extra attractive, so the amount of loanable budget supplied decreases.
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If an asset is easily changeable into another asset or good, it is said to be _____.
If an asset is easily changeable into another asset or good, it is said to be liquid assets.
Assets that are easily convertible into cash are referred to as liquid assets. Even while assets are priceless belongings that may be exchanged for money, not all of your assets can be sold right away for cash or without incurring a loss. Cash is a common liquid asset. The most liquid asset is cash.
Any investment properties you hold are not categorized as liquid assets since, as we just explained, real estate is not regarded as liquid.
An asset is anything that has financial value to a company or a person. However, liquid assets are those that can be rapidly, securely, and readily swapped for money. Stocks, receivables, and inventories are a few examples of liquid assets that can be easily converted into cash.
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