The difference between the quantity of labor that is provided and the quantity that is demanded is called the surplus of labor.
The wage rate is set higher than the market wage rate when there is a labor surplus. In order to get back to the equilibrium, the wage rate falls.
Option A: The ratio of the percentage change in wage to the percentage change in the quantity of labor required is correct. This ratio is correct because wage elasticity.
What is the value of excess labor?Marx defines surplus value as the difference between the value produced by living labor and the value paid to the worker by the capitalist in the form of wages.
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bill sells his 500 acre farm to mr developer. if the agreement contains a clause that requires a zoning permit within 60 days of the closing, this would be an example of a .
This would be an example of a condition subsequent. An occurrence or situation that, if it happens, will end one party's responsibility to the other is known as a condition following.
Because they go into effect after a party has already taken on a responsibility or after an interest has already accrued, conditions subsequent differ from related conditions predecessors. A condition precedent is a requirement that must be met in order for a title to be full. A responsibility that follows is one of the accomplishments that terminates a title that has already been finished. For instance, if a customer's home is destroyed by fire while the insurance policy is in effect.
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which manufacturing process would the be most appropriate to use if you were producing and selling custom design wedding cakes?
The manufacturing process that would the be most appropriate to use if you were producing and selling custom design wedding cakes is a make to order process.
What Is Make to Order (MTO)?In manufacturing, the Make to order (MTO) refers to a business production strategy that typically allows consumers to purchase products that are customized to their specifications. It is one of the manufacturing process in which the production of an item begins only after a confirmed customer order is received.
Some of the advantages to Make to order include customization for customers, reduction in stock obsolescence and finished goods inventory and overall waste.
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four investment return distributions are the same, except for skewness (e.g., same mean and standard deviation). which investment would you chose to increase the likelihood of positive returns?
Four investment return distributions are the same, except for skewness (e.g., same mean and standard deviation). increase the likelihood of positive returns = 0.75.
An asset or item purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's value over time. When a person buys a product as an investment, they don't intend to use it right away; instead, they plan to use it to make money later on. The term "standard deviation" (or "") refers to the degree of dispersion of the data from the mean. Data are grouped around the mean when the standard deviation is low, and are more dispersed when the standard deviation is high. A set of values' variation or dispersion is measured by the standard deviation.
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what is the equity beta for a firm with asset beta equal to 0.8, and d/e ratio of 0.3, and tax rate equal to 40%?
The equity beta for a firm with an asset beta equal to 0.8, and d/e ratio of 0.3, and a tax rate equal to 40% is 0.944
Equity beta=Asset beta [1+(1-tax rate) ×Debt-equity ratio]
=0.8[1+(1-0.4) ×0.3]
=0.8×1.18
=0.944
Equity Beta quantifies a stock's market volatility, or how susceptible its price is to shifts in the general market. It contrasts the volatility connected to a security's price fluctuation. Leveraged beta, or an equity beta of a company with financial leverage, is a term that is frequently used to describe this type of beta.
Beta is an idea that measures the anticipated circulation in an inventory relative to actions in the typical market. A beta greater than 1. zero shows that the stock is more volatile than the wider market, and a beta less than 1. zero suggests a stock with lower volatility.
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in medieval england, when wages went up group of answer choices more children joined the labor force. more women joined the labor force. students dropped out of school to take up jobs. workers put in fewer hours. more children joined the labor force, more women joined the labor force, and students dropped out of school to take up jobs.
In medieval england, when wages went up workers put in fewer hours.
The time frame known as the medieval era runs from 1066 to 1485. A new era began with William of Normandy's victory against King Harold at the Battle of Hastings. The Norman conquest of England resulted in the overthrow of the Saxon realm.
The Roman Emperor experienced a significant loss of power over Europe in 476 AD, which marked the start of the medieval era, also known as the Middle Ages or the Dark Ages. The Middle Ages, which lasted between 1400 and 1450, were roughly 1,000 years long.
During the Middle English era, the word Engla land was haplologized to England (Engle-land, Engelond). Old French and Anglo-Norman names for the place were Engleterre and Anglia, respectively.
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17 a firm requires an investment of 18,000 and will return 24,000 after one year. if the firm borrows 12,000 at 8% what is the return on levered equity?a. 100.8%b. 67.2%c. 117.6% d. 84%
The return on levered equity of a firm = 84%
Option D is correct .
Levered equity :Leveraged equity is the stock of a company that has important debt, which is also called as influence. Because the company operates initially by using debt, leveraged equity carries further threat than prescriptive equity. Depending upon the quantity of influence a company has, it can be as serious as debt
Evaluating the levered equity :Equity = Investment amount - debt
Equity = 18,000 - 12,000 = 6,000
Interest = (8 / 100) × 8000
= 960
Profit = Return - investment - interest
Profit = 24,000 - 18,000 - 960
Profit = 5,040
Return on levered equity = (Profit / equity) × 100
Return on levered equity = (5,040 / 6000) × 100
Return on levered equity = 84 %
What's a levered cost of equity?
The levered cost of equity represents the threat factors of the fiscal structure of a enterprise. To finance the systems of a enterprise, companies frequently need to resort to debt that's composed from the market. The market offers the debt by the finances of the investors.
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mccabe corporation is expected to pay the following dividends over the next four years: $15, $11, $9, and $2.95. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 10.3 percent, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The number before the decimal is always the whole number component. It is 5 in this instance.If you are using scientific notation, you must be cautious with your words. The answer is $1.49.
For your second query, the decimal part is O.261. Believe it or not, O is the whole number portion if the sole part present was 0.261.A good question It can teach you a lot.A share currently costs $1.49.The stock’s current share price can be stated as follows: Current share price-D/(k-g) whereD1: Expected yearly dividend per share, where k = necessary rate of return and g = dividend growth rate.In our instance;(20+16+15+8.5)/4 D1=59.5/4=$14.875 k=15% g=5% Average dividend per share (D1)Replacing:Shares currently cost $14.875. (15-5)Price of shares as of today: 14.87/5Shares currently cost $1.49.
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q1) what is the total percentage return for an investor who purchased a stock for $8.06, received $1.46 in dividend payments, and sold the stock for $9.28? (2 points)
(End price-Beginning price + Dividends)/Beginning price = (8.57-8.06+2.76)/8.06 = 40.57% (approximately).
A company pays dividends to its stockholders to distribute profits.They get paid regularly and are one way investors get a return on their stock investments.
What are examples of dividends?
The majority of dividends paid to investors in the United States are cash dividends, which are paid in cash per share.For instance, an investor holding 100 shares would receive $20 in cash if the company paid a dividend of 20 cents per share.Dividends on stocks represent an increase in the number of shares owned by a percentage.
You only need to own shares in the company through a brokerage account or a retirement plan like an IRA to receive dividends on that stock. Cash will be deposited into your account automatically when dividends are paid.
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silicon is used for the manufacturing of semiconductor chips. at the end of last year a large new source of silicon has been discovered this year and the price of silicon has decreased by 15%. semiconductor chips are used in devices, cell phones, gaming systems, and this year many new devices are now using chips. if you were drawing a supply and demand graph to illustrate the changes to the semiconductor market since last year, what would you say has happened to the supply and demand curves and the equilibrium price and quantity this year?
It is a tetravalent metalloid and semiconductor that has a blue-grey metallic sheen and is a hard, brittle crystalline solid.
Chemical element silicon has the chemical symbol Si (silicon) and atomic number 14. It is a tetravalent metalloid and semiconductor that has a blue-grey metallic sheen and is a hard, brittle crystalline solid. It belongs to group 14 of the periodic table, which is above carbon and below germanium, tin, lead, and flerovium. It doesn't react all that much.
It wasn't until 1823 that Jon's Jakob Berzelius was able to prepare and analyze it in pure form due to its strong chemical affinity for oxygen. Its oxides belong to the silicate family of anions. Only boron has higher melting and boiling points than its respective values of 1414 °C and 3265 °C among all metalloids and nonmetals.
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according to the capm, what is the market risk premium given an expected return on a security of 13.6%, a stock beta of 1.2, and a risk-free interest rate of 4%?
The market risk premium is 8%
What is the market risk premium?The difference between the anticipated return on a market portfolio and the risk-free rate is known as the market risk premium.It offers a numerical assessment of the additional return that market participants seek in exchange for the elevated risk.The slope of the security market line (SML) connected to the CAPM (capital asset pricing model) represents the market risk premium.Compared to the equity risk premium, which only takes the stock market into account, the market risk premium is broader and more diverse. The equity risk premium is frequently larger as a result.Calculation
Expected return on a security E(r) = 13.6%
Stock beta (b) = 1.2
Risk-free return R(f) = 4%
E(r) = risk-free return + stock beta * market risk premium
⇒ 13.6% = 4%+1.2* market risk premium
Therefore, market risk premium = 8%
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which of the following is likely to shift the credit demand curve of an automobile manufacturer to the right, assuming all else equal? group of answer choices a decrease in the real interest rate an increase in the real interest rate a plan to increase production and expand to newer markets a plan to decrease production and exit from existing markets
Option b.) A plan to increase production and expand to newer markets as most small businesses decide to grow their business and increase sales and profits is the correct answer.
However, there are certain methods companies must employ to execute their growth strategies.Common growth strategies in business include penetration , market expansion, product expansion, diversification, and acquisitions. In a purchase , a corporation acquires another company to expand its business. Small businesses can use this sort of strategy to expand their product range and enter new markets. Acquisition growth strategies are risky, but not as risky as diversification strategies.
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thomas martin receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 hours during a week. payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $339; social security tax rate, 6.0%; and medicare tax rate, 1.5%. what is the gross pay for martin? a.$720 b.$1,080 c.$1,440 d.$780
The Gross Pay for martin is $780.
Given in the question,
An hourly wage rate =$15
Hours of work in a week = 40
Hours of overtime work in a week = 48 - 40 = 8
Federal income tax = $339.
Social security tax rate = 6.0%
Medicare tax = 1.5%
Now, firstly we will calculate the regular earnings.
The formula for the regular earnings is:
Earnings at regular rate= Wage rate per hour x hours of work
= (15 x 40)
=$600
Then, we will calculate the additional hours of work:
Earnings at overtime rate=( 8(15 x 1.5))
=$180
Total gross pay = 600+180
=$780.
Martin makes $780 a month in gross pay. Net pay is calculated by deducting other deductions from gross pay. Gross pay is reduced by deductions such as federal income tax, social security tax, and Medicare tax rate.
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the cooper foundation contributes $20,000 per year into an annuity fund for building a new zoo. the fund earns 7.5% interest. find the amount in the fund at the end of 10 years. (round your final answer to two decimal places.)
The amount can be determined by the formula of annuity -
FVn = PV(1 +r) ^n
= 20000 (1 + 7.5%)^10
= $ 304, 162.38
Amount in the fund at the end of 10 years will be $304,162.38.
An annuity is a series of payments made over a certain period of time at regular intervals. A stream of future cash payments has both a present value and a future value, which is what they are currently worth (the amount that will be accrued from the payments earning compound interest).
Payments under a typical annuity don't begin immediately away. Instead, payments are made at the end of each cycle, which is usually a month or a year.
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jackson holds a real estate broker license with an mlo endorsement. how many hours of continuing education must he complete each year to renew this endorsement?
They have to complete 20 hours of training, pass a test, give their fingerprints to NMLS&R, and give their permission for a credit report to be pulled.
In Texas, how many continuing education units are required to renew a real estate license?During each two-year license period, license holders are required to complete 18 hours of CE. For a total of 18 hours, CE must consist of four hours of Legal Update I, four hours of Legal Update II, three hours of Contract-Related coursework, and seven hours of elective CE courses.
In California, how long do I have to renew my real estate license?Four-year Licenses are issued for a period of four years and should be renewed prior to the license's expiration date. About 60 days before the license expiration date, the DRE sends a renewal reminder letter to the licensee's record mailing address.
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are liquidated damages intended only for missing the completion date of a project, or may they also be established for failure to meet mid-project interface dates?
Liquidated damages are established for both failure to fulfill mid-project interface dates and project completion dates, and are intended in both scenarios. They are recoverable for delays in the remaining work after substantial completion.
Amounts paid by the injured party as compensation for a specific contract formation breach are known as liquidated damages under contract law. These damages are compensated when a contract (or project) is not completed or when the completion deadline is not met.
Liquidated damages are typically tied to the project's "substantial completion date" (typically defined as the point at which the owner can use the project for its intended purpose); consequently, they are not typically enforceable.
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in which situation is the amount of money earned determined by a proportional relationship? an editor charged her clients $1.25 per page for editing. a tour guide at the museum was paid a salary of $1,500 for the entire year. a dog walker charged her clients a $10 flat-rate monthly fee plus $5 per walk. a songwriter was paid a different amount for each song she wrote depending on its popularity.
The situation where the amount of money earned determined by a proportional relationship is a dog walker charged her clients a $10 flat-rate monthly fee plus $5 per walk.
What is a Proportional relationships?Proportional relationships ca be described as the relationships tha can be seen between two variables and between this variables the ratios are equivalent.
It should be noted that when dealing with the proportional relationship, it should be taken int the consieration that one variable among the determinant variables is always a constant value times the other.
In conclusion, this can be seen in the way the option C is arrnged, because the we see how the client do charge the amount of $10 which is the flat rate that is been charged for every work without changing the price which remain constant with the charges that can chage depending on the work.
Therefore the third option is correct.
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dennis understands the importance of using an analytics solution for his app, but he doesn't know which one to use. which solution is 's best-in-class app analytics solution?
Fire-base Analytics solution is 's best-in-class app analytics solution. We can see that they both employ the same data model, which port-rays user interactions as events.
As a result, both platforms have the identical implementation approach – the only difference between Fire-base Analytics and Goo-gle Analytics in this regard is where you set up your Android and iOS data streams solution initially. Analytics displays data about user activity in your iOS and Android apps, allowing you to make better product and marketing decisions. View cra-sh statistics, notification efficacy, deep-link performance, in-app purchase statistics, and other information. Goo-gle Analytics, a free unlimited analytics tool, sits at the heart of Fire-base.
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suppose a country suffers from a recession. identify the components of countercyclical fiscal policy reflected in the following examples.
Imagine a nation experiencing a recession. The following examples illustrate both the discretionary and automatic aspects of countercyclical fiscal policy.
Countercyclical fiscal policy: what is it?A counter-cyclical fiscal policy is a term used to describe the government's approach to using fiscal tools to combat boom or recession. It works to buck the current boom or recession trend, attempting to balance the economy. In these two phases, countercyclical fiscal policy naturally operates in two opposite directions.
A business cycle condition known as a recession is one in which demand is weakening and economic growth is declining. Here, the government's duty is to create demand by adjusting taxing and spending practices. Tax reductions and spending increases will help to boost the economy by generating demand.
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the cost of manufactured products consists of direct materials, direct labor, and factory overhead. the reporting of all these costs in financial statements is called full disclosure. absorption costing. variable costing. none of these choices are correct.
The correct option is (b). The reporting of all these costs in financial statements is called absorption costing.
A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This method accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
All manufacturing costs are allocated to products, which is one of absorption costing's features.
Products are assigned fixed and variable manufacturing costs.
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the prepaid insurance account has a normal balance of $5,625 at the beginning of the month. the company used $1,470 of insurance coverage during the month. which of the following statements is correct? a. retained earnings and stockholders' equity will both increase. b. the company should debit insurance expense for $1,470 and credit prepaid insurance for $1,470. c. the company should credit insurance expense for $1,470 and debit prepaid insurance for $1,470. d. retained earnings will decrease and stockholders' equity will increase.
The company should debit Insurance Expense for $1,470 and credit Prepaid Insurance for $1,470.
A way to control your risk is through insurance. When you purchase insurance, you protect yourself against unforeseen financial losses. If something unfavorable occurs to you, the insurance company pays you or a person of your choice. If an accident occurs and you don't have insurance, you might be liable for all expenses. Value flows into and out of a business are shown by debits and credits. For a company's books to remain balanced, they must be equal. Asset, expense, and loss accounts gain value as a result of debits. Liability, equity, revenue, and gain accounts are all valued higher thanks to credits.
Money is removed from your bank account when a debit is made. A credit is what a debit is the opposite of.
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an auditor should design the audit plan to group of answer choices select all material transactions for substantive testing. minimize substantive testing prior to the balance sheet date. implement the audit strategy. perform either tests of controls or tests of transactions on each account balance.
Implementing the audit strategy should be done by auditor.
What is an Audit strategy?
The order of preparation is audit strategy, audit planning, and then audit program.
The audit strategy is ready to decide what has to be done for the audit.The audit strategy is less specific than the audit planning.Planning an audit Talk about how to put the audit strategy into practice to meet the goals set forth in the audit plan.The audit programme discusses how to choose all relevant transactions for substantive testing, run tests of controls or transactions on each account balance, and limit substantive testing before the balance sheet date.Learn more about Audit strategy from the link below
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not all countries in europe are currently participating in the move to a single european currency, called the euro. how has monetary unification changed the ability of each country that is currently a participant to conduct independent countercyclical monetary policy? it had been rumored that greece would like to exit the euro. what benefits could greece gain in such a move?
A country's ability to implement independent monetary policy is significantly hampered if numerous nations achieve macroeconomic unification by using a common currency (like the euro).
What is an example of a monetary union?The Euros and the CFA Franc are two instances of currency unions that are currently in use. Some nations adopt a foreign exchange in additional to a peg. For instance, El Salvador, Ecuador, and the Caribbean island republics of Bonaire, Sint Eustatius, and Saba all use the U.S. dollar as their legal currency.
As a monetary union, why is the EU?The European Single Currency (EMU) was established in 1999 to promote economic cooperation among EU members (EU). The EMU set monetary exchange prices and introduced the euro as a single currency to replace the exchange rate of the participating nations.
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according the chart, which category of energy star products has increased the most as reflected in the total number of units (in billions) purchased per year between 2000 and 2015?
Home electronics category of energy star products has increased the most as reflected in the total number of units (in billions) purchased per year between 2000 and 2015.
The amount of a certain products or service that is available decreases as demand rises. According to the most recent Bureau of Labor Statistics (BLS) data, the cost of energy has increased by 19.8% in the past year, with the price purchased of gasoline alone rising by around 18.2%. For the year, used car prices are up about 7.2%, while new car prices are up 9.4%. Additionally, the cost of food has gone up by 11.2% since last year.
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one way chip's coffee house retains staff is by offering two-weeks paid vacation and health insurance benefits for part-time employees. which of bossidy and charan's core processes is this business focusing on?
Chip's Coffee House retains staff by providing two weeks of paid vacation and health insurance benefits to part-time employees. This company focuses on the core processes.
Most individuals have insurance, whether it's for their car, their home, or even their life. But most of us don't give much thought to what insurance is or how it works. Simply put, insurance is a contract, represented by a policy, in which a policyholder receives financial protection or payment from an insurance company in the event of a loss. The company pools its clients' risks in order to make payments more cheap for the insured.
Insurance plans are intended to protect against the risk of financial losses, both large and minor, that may arise from harm to the insured or their property, or from liability for damage or injury caused to a third party.
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What would be the main benefit of paying in cash for a car instead of taking out a loan?.
Answer:
You can pay immediately, with no charge from your bank when paying with cash.
Explanation:
as the acceptable level of audit risk decreases, an auditor may group of answer choices reduce substantive testing by relying on the assessment of the risks of material misstatement. postpone the planned timing of substantive tests from interim dates to the year end. eliminate the assessed level of inherent risk from consideration as a planning factor. lower the assessed level of control risk from a high level to a low level.
As the acceptable level of detection risk increases, the assurance that must be provided from substantive tests can decrease. The auditor may change the timing of substantive tests from year-end to an interim date.
Business risk, non-business risk, and financial risk are the three categories into which hazards are generally divided. Risk refers to the future unpredictability of earnings or outcome variance from expectations. Risk measures the level of uncertainty that investor is willing to accept in exchange for a potential return on their investment. Description: Risks come in various forms and are caused by various circumstances. An auditor is someone or an organization hired by a business to carry out an audit. A person must be certified by the accounting and auditing regulatory body or meet specific requirements in order to practice as an auditor. A professional and impartial opinion on these financial statements is what the auditor or reviewer's job entails.
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as a leader, alice focuses on setting goals for her employees. which leadership theory or idea best describes this? [3 word limit]
Leaders that place high expectations on their team members exhibit this achievement-oriented behavior.
Why do certain individuals value achievement?People who fit into this group constantly try to increase their productivity and quality of work. They aspire to succeed and outperform others. And finally, they frequently have high expectations for themselves and strive hard to meet them.
What is a workplace that is focused on achievement?Employees will typically feel that setting tough yet doable objectives for themselves and others is expected of them in this achievement-focused culture. Work hard to accomplish such objectives. Set a high bar for yourself. Plan and think forward.
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revenues and expenses arising from activities that are not part of the company's operations are classified as
The portion of an organization's income that comes from activities that are unrelated to its core business operations is called non-operating income.
It can include dividend income, investments' profits or losses, foreign exchange gains or losses, and asset write-downs.
Which item does not fall under the category of operating expenses?
A cost that isn't directly related to core business operations is a non-operating expense.Restructuring costs, inventory write-offs, and payments to settle lawsuits are examples of non-operating expenses.
What are non-operating expenses and income?
The accounting term "non-operating expense" refers to expenditures that are unrelated to a company's day-to-day operations, as the name suggests.These costs can include one-time or unusual costs as well as monthly costs like debt interest payments.
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the largest one-day drop in stock prices in history occurred on april 14, 2000. group of answer choices true false
The April 14, 2000 inventory market crash used to be the largest one-day drop in inventory expenditures in history up to that point.
During the 1990s, religion in the United States lost tons of its appeal, as a secular lifestyle primarily based on consumption and mass entertainment dominated American society.
What do secular humans agree with in?Secular humanism posits that human beings are capable of being moral and ethical without faith or faith in a deity. It does not, however, count on that humans are either inherently excellent or evil, nor does it present human beings as being foremost to nature.
In present day English, secular is in particular used to distinguish some thing (such as an attitude, belief, or position) that is no longer specifically spiritual or sectarian in nature (for example, music with no religious connection or affiliation might be described as "secular").
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