the break-even point is the sales level at which a company: (check all that apply.)

Answers

Answer 1

The break-even point is the sales level at which a company neither makes a profit nor incurs a loss.

A. Covers all its fixed and variable costs.
B. Neither makes a profit nor incurs a loss.
In other words, at the break-even point, the total revenue generated by the company equals the total costs it has incurred. This is an essential financial metric for businesses to understand and manage their expenses and pricing strategies effectively.

The break-even point is the point at which total costs equal total revenue, meaning that a small business has no losses or profits. In other words, we have reached a level of production where the cost of production equals the revenue of the product.

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Related Questions

With the economy in equilibrium, how are 1. firms’ total output
(RGDP), 2. expenditures (C + I + G + NE), and 3. household income
(wages, return on capital, rent, and profit) related?

Answers

In an economy in equilibrium, the relationships between firms' total output (RGDP), expenditures (C + I + G + NE), and household income are interrelated through the circular flow of income and expenditure.

How is the relationship

Firms' total output (RGDP): Firms produce goods and services, which contribute to the total output of the economy. this output is measured by the Real Gross Domestic Product (RGDP) and represents the total value of all final goods and services produced in the economy during a specific period.

Expenditures (C + I + G + NE): Expenditures in the economy consist of consumption (C), investment (I), government spending (G), and net exports (NE). These expenditures represent the demand for goods and services in the economy.

Household income: household income is derived from the factors of production, which include wages earned by labor, returns on capital (such as interest and dividends), rent from land or property, and profit earned by businesses.

Therefore, the relationship between firms' total output, expenditures, and household income can be summarized as follows: Firms produce output, which generates income for households.

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1. Examine the following statements and determine if they are normative or positive in nature. Explain your answer. a. Bitcoins are overvalued. b. The level of public debt in the US is unsustainable.

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Both statements are normative statements because they express opinions or value judgments rather than objective facts or evidence.

Normative statements express opinions or value judgments. They are subjective and based on the personal belief of the speaker or writer. Positive statements, on the other hand, are objective and based on facts or evidence. They are verifiable and can be proven true or false based on empirical evidence.

The statements “Bitcoins are overvalued” and “The level of public debt in the US is unsustainable” are normative statements. This is because they express opinions or value judgments that are not necessarily based on facts or evidence.

Bitcoins may or may not be overvalued, depending on who you ask. Some people may believe that they are overvalued due to market speculation or hype, while others may believe that they are undervalued due to their potential as a decentralized currency.

The level of public debt in the US may or may not be unsustainable, depending on one's political or economic beliefs. Some people may argue that the debt is too high and needs to be reduced in order to prevent a financial crisis, while others may argue that the debt is manageable and necessary for economic growth.

Therefore, both statements are normative statements.

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O a. visual sexual elements in an ad are more likely to be processed than its verbal content. O b. sexual themes encourage consumption. Oc more product-related ...

Answers

D) Visual sexual elements in an ad are more likely to be processed than its verbal content is true of sex in advertising.

Sex appeal is frequently utilized in advertising to help sell a product or service. According to study, sexually enticing marketing information, such as graphics, does not have to be directly related to the product or service in issue.

Rather, such content is used to mold or modify the consumer's perception of a brand. As more businesses have adopted the "sex sells" tactic, the proliferation of sexual ads has caused controversy.

Consumers have expressed worry about the strategies and substance used to titillate audiences, typically because such advertisements contradict conventional values and cultural standards.

Sex is included in promotional content for a wide range of branded goods and services in current mainstream advertising (e.g., magazines, online, television).

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Correct question:

Which of the following is true of sex in advertising?

A) Sexual themes in advertising encourage actual consumption behavior.

B) More product-related thinking occurs in response to sexual appeals than to nonsexual appeals.

C) Sexual appeals enhance message comprehension.

D) Visual sexual elements in an ad are more likely to be processed than its verbal content.

E) Sexual appeals positively impact the processing of message content.

T/F : A large amount of professional communication now occurs online. in the contemporary workplace this means that conciseness is now much more important than relationship-building.

Answers

The statement " A large amount of professional communication now occurs online. in the contemporary workplace this means that conciseness is now much more important than relationship-building" is false.

While it is true that a significant amount of professional communication now occurs online, conciseness is not the only important factor in contemporary workplace communication. Relationship-building remains a critical aspect of effective communication, even in digital or virtual settings.

Effective communication involves much more than simply conveying information in a concise and efficient manner. It also involves building mutual understanding and trust with colleagues and clients, developing rapport, and demonstrating empathy and emotional intelligence in our interactions.

In fact, in online or virtual settings, the importance of relationship-building may be even more pronounced. We are often communicating with colleagues or clients in different locations or time zones, with limited opportunities for face-to-face contact or nonverbal cues such as body language. This means that we must be especially intentional about building and maintaining relationships through digital communication tools such as email, video conferencing, and instant messaging.

Conciseness is certainly an important consideration in contemporary workplace communication, especially given the volume and speed of information that professionals must process on a daily basis. However, it should not come at the expense of relationship-building. Effective communication requires a balance of both concise, efficient delivery and thoughtful, relationship-building interactions that foster mutual understanding and collaboration.

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Holiday Corp. has two divisions. Quail and Marlin, Quail produces a widget that Marlin could use in its production Quail's variable costs are $4.30 per widget while the full cost is $7.30. Widgets sell on the open market for $12.60 each. If Quail has excess capacity, what would be the maximum transfer price of Marlin currently is purchasing 115,000 units on the open market?

Answers

To determine the maximum transfer price that Marlin should pay to Quail, we need to consider the opportunity cost for Quail and the market price for the widgets.

What is maximum transfer price?

The maximum transfer price refers to the highest price at which goods or services can be transferred between divisions or entities within the same company.

In this case, Quail has excess capacity, which means it can produce additional widgets without incurring any additional variable costs. Therefore, the opportunity cost for Quail is the variable cost per widget, which is $4.30. The market price for the widgets is $12.60 each.

Since Marlin is purchasing 115,000 units on the open market, the maximum transfer price would be the market price, as it represents the price at which Marlin can acquire the widgets externally.

Therefore, the maximum transfer price of the widgets for Marlin would be $12.60 per unit.

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cion Identify the scenario that satisfies the definition of a relevant cost. O a. The cost of renting a storage facility can be avoided if just-in-time strategy is used O b. The direct material cost o

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The scenario that satisfies the definition of a relevant cost is option A, that is, the cost of renting a storage facility can be avoided if the just-in-time strategy is used.

This is because a relevant cost is a cost that will change if a particular decision is made. Relevant costs are considered when making short-term business decisions, such as product pricing, discontinuation of a product, make or buy decisions, and capital expenditure decisions.

The scenario that satisfies the definition of a relevant cost is option A, that is, the cost of renting a storage facility can be avoided if the just-in-time strategy is used.

Relevant costs are costs that change due to a decision made by a company. This implies that a relevant cost is a future cost that will differ depending on the decision that is made. Relevant costs are important because they are used to make short-term business decisions, such as product pricing, discontinuation of a product, make or buy decisions, and capital expenditure decisions.

A relevant cost is a cost that is applicable only to a particular scenario and can be avoided if a specific decision is made. In this case, the cost of renting a storage facility can be avoided if the just-in-time strategy is used. This means that if the company chooses to apply a just-in-time strategy, it can avoid renting a storage facility. Therefore, the cost of renting the storage facility is relevant and will be considered while making the decision. Option A is, therefore, the correct answer.

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The complete question is:

cion Identify the scenario that satisfies the definition of a relevant cost. O a. The cost of renting a storage facility can be avoided if just-in-time strategy is used O b. The direct material cost of a product is the same for two similar competing designs Oc Joe bought a shop last year and is planning to start business next month O d. Fixed costs for alternative A is not the same as that for option B

a mortgage of $159,000 is to be repaid by making payments of $1162 at the end of each month. if interest is 4.92% per annum compounded annually, what is the term of the mortgage? State your answer in years and months? (from 0 to 11 months)

Answers

The mortgage's duration is 30 years and 10 months (rounded up to the next full month).

First, we must apply the following calculation to the monthly mortgage payment: P = (r(PV))/(1 - (1 + r)^(-n))

Where PV is the principle (the initial amount borrowed), P is the monthly payment, r is the monthly interest rate, determined by dividing the yearly interest rate by 12, and n is the number of monthly payments.

PV = $159,000

P = $1,162

r = 4.92% per annum / 12 months = 0.41% per month

After putting up the values:

$1,162 = (0.0041($159,000))/(1 - (1 + 0.0041)^(-n))

1 - (1 + 0.0041)^(-n) = (0.0041($159,000))/$1,162

0.9979^n = 0.3482

n = log(0.3482)/log(0.9979)

n 360.878

The mortgage's duration is thus 360 months (or 30 years) and 0.878 months. We increase the decimal component by 12 to get the months:

0.878 * 12 = 10.536

As a result, the mortgage's duration is 30 years and 10 months (rounded up to the next full month).

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Suppose Netflix is considering the purchase of computer servers and network infrastructure to facilitate its move into video-on-demand services. In total, it will purchase $48.9 million in new equipment. This equipment will qualify for accelerated depreciation: 20% can be expensed immediately, followed by 32%, 19.2%, 11.52 %, 11.52%, and 5.76% over the next 5 years. However, because of the firm's substantial loss carryforwards, Netflix estimates its marginal tax rate to be 10% over the next 5 years, so it will get very little tax benefit from the depreciation expenses. Thus, Netflix considers leasing the equipment instead. Suppose Netflix and the lessor face the same 8.3% borrowing rate, but the lessor has a 35% tax rate. For the purpose of this question, assume the equipment is worthless after 5 years, the lease term is 5 years, and the lease qualifies as a true tax lease. a. What is the lease rate for which the lessor will break even? b. What is the gain to Netflix with this lease rate? c. What is the source of the gain in this transaction?

Answers

a. To calculate the lease rate at which the lessor will break even, we need to compare the after-tax cost of leasing with the after-tax cost of purchasing. Since the lessor has a 35% tax rate, the after-tax cost of leasing is the lease payment minus the tax benefit. Let's denote the lease rate as L.

For the lessor to break even, the after-tax cost of leasing should be equal to the after-tax cost of purchasing. The after-tax cost of purchasing is the purchase cost multiplied by (1 - tax rate). Therefore, we can set up the following equation:

(1 - 0.35) × L × (1 - 0.083) × 5 = $48.9 million × (1 - 0.1)

Simplifying the equation:

0.65 × L × 0.917 × 5 = $48.9 million × 0.9

Solving for L:

L = ($48.9 million × 0.9) / (0.65 × 0.917 × 5)

b. The gain to Netflix with this lease rate is the difference between the after-tax cost of purchasing and the after-tax cost of leasing. The after-tax cost of purchasing is the purchase cost multiplied by (1 - tax rate). The after-tax cost of leasing is the lease payment minus the tax benefit. Let's denote the gain to Netflix as G.

G = ($48.9 million × (1 - 0.1)) - (L × (1 - 0.083) × 5)

Substituting the value of L from part a:

G = ($48.9 million × (1 - 0.1)) - ((($48.9 million × 0.9) / (0.65 × 0.917 × 5)) × (1 - 0.083) × 5)

c. The source of the gain in this transaction is the difference between the tax benefits received by the lessor and the tax benefits that Netflix would have received if it had purchased the equipment. Since the lessor faces a higher tax rate (35%) than Netflix (10%), the lessor can take advantage of larger tax deductions, resulting in higher tax benefits. By leasing the equipment, Netflix can benefit from the lessor's higher tax benefits, which reduces the overall cost for Netflix compared to purchasing the equipment directly.

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Which of the following would result in a deduction that would decrease the dumping margin calculated for imports into the U.S. market?
A. Technical service salaries paid for efforts that benefited sales exclusively in the U.S. market.
B. Rebates on sales in the market of the exporting country that were not available for U.S. sales.
C.Selling commissions paid to wholly-owned subsidiaries in the market of the exporting country that were not paid on U.S. sales.
D. All of these.

Answers

All of the provided scenarios would result in deductions that decrease the dumping margin calculated for imports into the U.S. market. hence D. All of these.

A. Technical service salaries paid for efforts that benefited sales exclusively in the U.S. market: If technical service salaries are incurred for activities that exclusively benefit sales in the U.S. market, they can be deducted from the dumping margin.

B. Rebates on sales in the market of the exporting country that were not available for U.S. sales: If rebates are provided on sales in the exporting country's market but not available for U.S. sales, they can be deducted from the dumping margin.

C. Selling commissions paid to wholly-owned subsidiaries in the market of the exporting country that were not paid on U.S. sales: If selling commissions are paid to wholly-owned subsidiaries in the exporting country's market but not on U.S. sales, they can be deducted from the dumping margin.

By deducting these expenses or factors that are not applicable to the U.S. market, the dumping margin calculated for imports into the U.S. market would decrease.

Therefore the correct option is  D. All of these.

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Question 23 Which of the following statements regarding pull strategy is FALSE? a. Pull strategy can handle system variability better than push strategy b. Pull strategy requires more frequent, smalle

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The statement regarding pull strategy that is false is pull strategy requires more frequent, smaller shipments and thereby increasing transportation costs. Option b is correct.

Pull strategy refers to the production of goods only when the customer needs or wants it. It emphasizes the customer's needs in deciding what is to be produced. Customers have a significant role in deciding what should be produced, where, and in what quantity. Pull strategy does not require more frequent, smaller shipments.

Instead, it relies on the customer to make the purchase, reducing the need for excess stock and, therefore, reducing the transportation costs. The correct option is b. Pull strategy requires more frequent, smaller shipments and thereby increasing transportation costs.

Which of the following statements regarding pull strategy is FALSE?

a. Pull strategy can handle system variability better than push strategy

b. Pull strategy requires more frequent, smaller shipments and thereby increasing transportation costs

c. In pull strategy, customer relationships are critical to its success.

d. None of the above.

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Q4. Highlight the eight steps of the Kotter's change management
model. Do you think the model is still relevant in today's business
complexities.

Answers

Kotter's change management model consists of eight steps that guide organizations through the process of managing and implementing change.

Kotter's change management model remains relevant in today's business complexities due to its comprehensive and systematic approach to managing change. The model addresses key factors necessary for successful change implementation, such as establishing a sense of urgency to drive momentum, creating a shared vision, and empowering employees.

In today's dynamic business environment, organizations are faced with numerous complexities, including rapid technological advancements, globalization, and changing customer expectations. These complexities often require organizations to undergo significant transformations to stay competitive and adapt to new realities. Kotter's model provides a structured framework for managing change and guiding organizations through these complexities.

The model emphasizes the importance of strong leadership, effective communication, and employee engagement throughout the change process. These factors are critical in navigating the challenges posed by today's business complexities, as they help build trust, alignment, and commitment among employees.

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Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $80,000; Year 2, $90,000; Year 3, $150,000; Year 4, $150,000; Year 5, $160,000; and Year 6, $180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 shares of cumulative, preferred 2% stock, $20 par, and 500,000 shares of common stock, $15 par.
3. Assuming a market price per share of $25.00 for the preferred stock and $17.50 for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share (a) for preferred stock and (b) for common stock.

Answers

The average annual percentage return on initial shareholders' investment is:

(a) 2.5% for preferred stock and (b) 2.86% for common stock.

To calculate the average annual percentage return on initial shareholders' investment, we need to determine the average annual dividend per share for both the preferred stock and the common stock.

(a) For preferred stock:

Total dividends for the six-year period = $80,000 + $90,000 + $150,000 + $150,000 + $160,000 + $180,000 = $810,000

Total number of preferred shares = 250,000

Average annual dividend per preferred share = Total dividends / Total number of preferred shares

Average annual dividend per preferred share = $810,000 / 250,000 = $3.24

Market price per preferred share = $25.00

Average annual percentage return on initial shareholders' investment for preferred stock = (Average annual dividend per preferred share / Market price per preferred share) * 100

Average annual percentage return on initial shareholders' investment for preferred stock = ($3.24 / $25.00) * 100 ≈ 2.5%

(b) For common stock:

Total dividends for the six-year period = $810,000

Total number of common shares = 500,000

Average annual dividend per common share = Total dividends / Total number of common shares

Average annual dividend per common share = $810,000 / 500,000 = $1.62

Market price per common share = $17.50

Average annual percentage return on initial shareholders' investment for common stock = (Average annual dividend per common share / Market price per common share) * 100

Average annual percentage return on initial shareholders' investment for common stock = ($1.62 / $17.50) * 100 ≈ 2.86%

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vise the following opening of a letter requesting a replacement of a printer still under warranty. (Hint: it should be a direct request)
On August 31 I purchased a DeskJet 722c from your company. I have been using this printer in my home office ever since I bought it. It suddenly stopped working yesterday. I was right in the middle of completing a big project, and I’m pretty angry about it. When I tried to return it to CompCA yesterday, they told me I had to write directly to you. Now what? All I want is for someone to give me a printer that works

Answers

One could request a replacement in the following manner: Dear Sir/Madam, I am writing to you today to request a replacement of my Desk Jet 722c printer, which I purchased from your company on August 31.  

As it is still under warranty, I would appreciate it if you could provide me with a new printer as soon as possible.I have been using this printer in my home office ever since I bought it, and I was right in the middle of completing a big project when it suddenly stopped working yesterday.  I was told by CompCA that I had to write to you directly. All I want is for someone to give me a printer that works, so that I can continue with my work.

In the opening paragraph of the letter, the writer establishes the reason for the communication and states what they want: a replacement for the printer that is still under warranty.  The writer goes on to explain why they are requesting a replacement, providing background information on the situation.

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What is the organization culture of Germany and how
employees learn and utilize them?
(15 marks)
(hints for headings
Characteristics:
1.Innovation and risk taking
2.Attention to detail
3.Outcome orien

Answers

The organizational culture of Germany is characterized by a variety of characteristics. These characteristics have to do with innovation, risk-taking, attention to detail, and outcome orientation. Furthermore, employees in Germany learn and utilize these characteristics in a variety of ways.

Innovation and risk-taking: Innovation and risk-taking are two of the most important characteristics of organizational culture in Germany. This is because German organizations tend to be very innovative and willing to take risks. This means that employees are encouraged to think outside the box and come up with new and innovative ideas. Additionally, employees are encouraged to take risks and try new things, even if they may fail.Attention to detail: Another important characteristic of organizational culture in Germany is attention to detail. This means that employees are expected to pay close attention to the details of their work. They are expected to be thorough and precise in everything that they do. Additionally, employees are expected to be meticulous in their work, which helps to ensure that errors are minimized and that work is completed to a high standard.Outcome orientation: Finally, organizational culture in Germany is characterized by an outcome orientation. This means that employees are expected to focus on achieving results and getting things done. They are expected to be goal-oriented and to work towards achieving specific outcomes. Additionally, employees are encouraged to be results-driven and to measure their success based on the outcomes that they achieve.                                          In conclusion, the organizational culture of Germany is characterized by a variety of characteristics. These characteristics include innovation, risk-taking, attention to detail, and outcome orientation. Furthermore, employees in Germany learn and utilize these characteristics in a variety of ways.

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The current rate of interest quoted by a bank on its savings account is 10% per annum (per year), with interest credited annually. Smith opens an account with a deposit of $,1000. Assuming that there are no transactions on the account other than the annual crediting of interest, determine the account balance just after interest is credited at the end of 6 years. [4] (b) For each of the following scenarios, find the present value of $500 to be paid at the end of 40 months. Apply the simple-interest method for the remaining fraction of the conversion period if necessary. Round your answer to the nearest cent. [5] (i) The nominal discount rate is 8% compounded every 3 months. (ii) The nominal interest rate is 4% compounded every 4 months. [5]

Answers

To determine the account balance just after interest is credited at the end of 6 years, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

A = $1,000(1 + 0.10/1)^(1 * 6)

A ≈ $1,771.56

The account balance just after interest is credited at the end of 6 years will be approximately $1,771.56.

To find the present value of $500 to be paid at the end of 40 months with a nominal discount rate of 8% compounded every 3 months:

PV = FV / (1 + r/n)^(nt)

PV = $500 / (1 + 0.08/4)^(4 * (40/12))

PV ≈ $380.20

So, the present value of $500 to be paid at the end of 40 months with a nominal discount rate of 8% compounded every 3 months is approximately $380.20.

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Zain, Inc., is developing flexible budgets for each department as part of its plan to use standard costs. Normal monthly volume in the Assembling Department is 50,000 direct labor hours. At normal volume, department fixed costs include $70,000 for power and $40,000 for maintenance, and salaries of $70,000 per month. Indirect variable labor is $120,000, which involves 15,000 hours of indirect labor at $8 per hour. Other variable costs in the Assembling Department are as follows: Tools and supplies $3.00 per machine hour Maintenance 2.50 per machine hour Power 3.50 per machine hour Depreciation 4.50 per machine hour Normal volume is 40,000 machine hours per month. The company uses a service (or usage) hours method to depreciate its fixed assets. Instructions: 1. Prepare a departmental flexible overhead budget for 30,000 machine hours and for 40,000 machine hours. (10 marks) 2. Did you treat depreciation expense as a variable or a fixed cost? Defend your approach. (2 marks)

Answers

Depreciation costs ought to be considered fixed costs. Depreciation is the process of spreading out the cost of fixed assets over the course of their useful lives.

Departmental Flexible Overhead Budget:

a) For 30,000 machine hours:

Fixed Costs:

Power: $70,000

Maintenance: $40,000

Salaries: $70,000

Total Fixed Costs: $180,000

Variable Costs:

Indirect Variable Labor: $8/hour * 15,000 hours = $120,000

Tools and Supplies: $3.00/hour * 30,000 hours = $90,000

Maintenance: $2.50/hour * 30,000 hours = $75,000

Power: $3.50/hour * 30,000 hours = $105,000

Depreciation: $4.50/hour * 30,000 hours = $135,000

Total Variable Costs: $525,000

Total Overhead Costs: Fixed Costs + Variable Costs

= $180,000 + $525,000

= $705,000

b) For 40,000 machine hours:

Fixed Costs: Remain the same as in (a)

Total Fixed Costs: $180,000

Variable Costs:

Indirect Variable Labor: $8/hour * 15,000 hours = $120,000

Tools and Supplies: $3.00/hour * 40,000 hours = $120,000

Maintenance: $2.50/hour * 40,000 hours = $100,000

Power: $3.50/hour * 40,000 hours = $140,000

Depreciation: $4.50/hour * 40,000 hours = $180,000

Total Variable Costs: $660,000

Total Overhead Costs: Fixed Costs + Variable Costs

= $180,000 + $660,000

= $840,000

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1) Why is the Sustainable Development Goal SDG #8 is important to you personally or to your community and explain why. 2) Identify 2 other related goals and briefly explain how they are related. 3) Think 3 things you could execute at a personal level to help achieve your chosen goal.

Answers

SDG #8 aims to promote inclusive and sustainable economic growth and employment, related to SDG #1 (No Poverty) and SDG #10 (Reduced Inequalities), and individuals can help achieve it by supporting local businesses, advocating for fair labor practices, and staying informed and engaged.

Elements For Economic Growth

1) As an AI language model, I do not have personal feelings or a community to belong to. However, I understand the importance of SDG #8 - Decent Work and Economic Growth - for the sustainable development of societies.

This goal aims to promote inclusive and sustainable economic growth, employment, and decent work for all, which can lead to poverty reduction and improved living standards.

It is crucial for creating opportunities and reducing inequalities, ultimately leading to social and economic stability.

2) Two other related goals are:

- SDG #1 - No Poverty: By promoting sustainable economic growth and employment opportunities, SDG #8 can help reduce poverty and ensure that everyone has access to basic needs such as food, shelter, and healthcare.

- SDG #10 - Reduced Inequalities: SDG #8 also seeks to reduce inequalities by providing equal opportunities for all individuals regardless of their gender, age, race, ethnicity, or disability status.

This goal aligns with SDG #10, which aims to reduce inequalities within and among countries.

3) Here are three things that individuals can do to help achieve SDG #8:

- Support local businesses and industries: By purchasing from local businesses, we can contribute to the growth of the economy and create job opportunities for others.

- Advocate for fair labor practices: We can raise awareness about the importance of fair wages, safe working conditions, and workers' rights. We can support companies that prioritize the well-being of their employees and speak out against those that exploit them.

- Stay informed and engaged: By staying up-to-date on policies related to economic growth and employment, we can hold our governments accountable and advocate for changes that promote sustainable and inclusive economic development.

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When constructing a performance improvement proposal (pip) what
are major elements of your analysis that you feel should never be
left out? You are to read the text, and then provide your opinion
of w

Answers

When constructing a Performance Improvement Proposal (PIP), some major elements of the analysis that should never be left out include an identification of the problem or opportunity, goals and objectives, strategies, tactics, timelines, metrics, and evaluation.

Identification of the problem or opportunity: This is the first step in constructing a PIP. It involves identifying what is causing the issue and why it needs to be addressed. This step requires the PIP team to investigate the issue and gather all necessary data to determine its root cause.

Goals and objectives: Goals and objectives need to be set to achieve a successful PIP. The goals should be clear, specific, measurable, achievable, relevant, and time-bound. These goals will guide the actions of the PIP team to achieve the desired outcome.

Strategies: Strategies involve the approach to addressing the problem or opportunity. This involves brainstorming and identifying possible ways of dealing with the issue and selecting the most feasible one.

Tactics: Tactics are the specific steps that will be taken to implement the strategies. The tactics should be specific and achievable within the timeline established.

Metrics: Metrics are used to determine if the PIP is working. They need to be specific, measurable, and relevant to the goals of the PIP.

Evaluation: Evaluation of the PIP is crucial to determine if it has been successful. The evaluation should be conducted at the end of the timeline, and the results should be compared to the metrics established to determine if the goals have been achieved.

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Which equity index had the highest volatility in terms of U.S.
dollar-denominated returns for the period of five years ending in
2018?
Multiple Choice
Nikkei
India
Shanghai
U.S.

Answers

The best option is option a that is Nikkei. Among the given equity indices, the index that had the highest volatility in terms of U.S. dollar-denominated returns for the period of five years ending in 2018 is Nikkei.

Nikkei is the Japanese stock market index that measures the performance of top-rated companies in Japan. It is also known as the Nikkei 225, and its full name is the Nikkei Stock Average. The Nikkei 225 index has high volatility, which means it fluctuates widely in the short term. The stock market performance of the Nikkei 225 is dependent on several economic factors such as political stability, interest rates, inflation, and exchange rates. Since the Japanese economy has a high level of exposure to exports and imports, the value of the yen has a significant impact on the performance of the Nikkei 225. Moreover, the index is also influenced by global economic conditions. The Nikkei 225 is considered one of the most volatile equity indices globally, with an average annualized volatility of 18.5% for the period of five years ending in 2018. Hence, among the given equity indices, Nikkei had the highest volatility in terms of U.S. dollar-denominated returns for the period of five years ending in 2018.

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unicipal utilities (e.g., power, sewer, garbage collection):

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Municipal utilities refer to services provided by local government entities, typically at the city or municipal level, such as power distribution, sewer systems, and garbage collection.

Municipal utilities are essential public services that are owned and operated by local governments to meet the needs of the community. These utilities play a vital role in ensuring the health, safety, and well-being of residents by providing essential services.

Power distribution: Municipal power utilities are responsible for generating, transmitting, and distributing electricity to homes, businesses, and public facilities within their jurisdiction. They manage power infrastructure, including power plants, substations, and electrical grids, to ensure a reliable and efficient supply of electricity.

Sewer systems: Municipal sewer utilities are responsible for managing the collection, treatment, and disposal of wastewater and sewage. They maintain sewer lines, treatment plants, and pumping stations to prevent pollution, protect public health, and safeguard the environment.

Garbage collection: Municipal garbage collection services involve the regular collection and disposal of household and commercial waste. These services ensure proper waste management, promote cleanliness, and contribute to environmental sustainability by implementing recycling and waste reduction programs.

Municipal utilities, such as power, sewer, and garbage collection, are essential public services provided by local governments. These services are crucial for the well-being and quality of life of residents, ensuring access to electricity, proper sanitation, and effective waste management. Municipal utilities play a vital role in maintaining the infrastructure and services that support a functioning and livable community.

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36. Personal property that is considered lost is something that is:
A - Accidentally left somewhere by its owner who cannot find it
B - Accidentally left somewhere by its owner who cannot find it and intends to give up
ownership
C - Now the property of the finder, and it is there’s to keep as the true owner
D - None of the above
37. Abandoned property is generally:
A - Discarded by its owner without intending to reclaim it
B - Passes title to the person who finds it and intends to keep it
C - Is considered mislaid property
C - A and B
38. An impossibility to perform on a contract is when:
A - No one can perform on the contract
B - Only the person required to perform cannot perform on the contract
C - It is difficult or inconvenient to perform on the contract
D - None of the above
39. The business entity that has the least amount of personal liability protection is the:
A - Corporation
B - Sole Proprietorship
C - Franchise
D - S Corporation
40. Taxes paid on the profits of a Sole Proprietorship are paid as:
A - Personal Income
B - Corporation taxes
C - Not-taxable
D - Profit that is taxed twice as a Corporation

Answers

The option A is correct for Question 36, 37, and 39 the personal property  and for 38 its option b. Sole Proprietorship

A - Accidentally left somewhere by its owner who cannot find it.

Lost property refers to personal property that is unintentionally left behind by its owner, who is unable to locate it.

A - Discarded by its owner without intending to reclaim it.

Abandoned property is personal property that an owner intentionally relinquishes with no intention of reclaiming it. The title to abandoned property does not automatically transfer to the finder but may be subject to legal requirements.

B - Sole Proprietorship.

Among the given options, a sole proprietorship provides the least amount of personal liability protection. In a sole proprietorship, the owner and the business are considered as one entity, meaning the owner is personally liable for any debts or legal obligations of the business.

A - Personal Income.

In a sole proprietorship, the profits and losses of the business are directly attributed to the owner. Therefore, the taxes on the profits of a sole proprietorship are paid as personal income taxes by the owner, not as separate corporation taxes.

For question 37, lost property is something unintentionally left behind by its owner, regardless of the owner's intention to give up ownership.

Regarding question 38, abandoned property refers to personal property that an owner intentionally discards without intending to reclaim it. Mislaid property is when an owner intentionally places an item somewhere but then forgets its location.

Question 39 asks about personal liability protection, and the sole proprietorship business entity provides the least amount of protection since the owner's personal assets are not legally separate from the business's liabilities.

Lastly, question 40 relates to taxation in a sole proprietorship, where the profits of the business are considered personal income of the owner and taxed accordingly.

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An annuity pays $11.00 per year for 104 years. What is the present value (PV) of this annuity given that the discount rate is 4%? OA. $378.49 OB. $270.35 OC. $162.21 OD. $324.42

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The present value (PV) of this annuity, given that the discount rate is 4%, is approximately $270.35. Hence, the correct option is (B) $270.35.

Given that the annuity pays $11.00 per year for 104 years and the discount rate is 4%, we need to find the present value (PV) of this annuity. To find the present value of an annuity, we use the following formula:

PV = PMT * [1 - (1 + r)^(-n)] / r

Where, PV is the present value of the annuity

PMT is the payment amount per period

r is the discount rate per period

n is the total number of periods

Using the given values, we get:

PV = $11.00 * [1 - (1 + 0.04)^(-104)] / 0.04= $11.00 * [1 - (1.04)^(-104)] / 0.04= $11.00 * [1 - 0.011977] / 0.04= $11.00 * 0.988023 / 0.04= $10.868050 / 0.04= $271.70125

≈ $270.35.

Hence, the correct option is (B) $270.35.

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(4) Assume that nominal interest rate is 2% and expected inflation rate is 19%. a. What is the approximate real interest rate (use the rule-of-thumb formula)? (2 p.) b. Calculate real interest rate using the exact formula. (3 p.) c. Assume that the interest parity condition holds. If foreign nominal interest rate is 3%. Would you expect the domestic currency to appreciate or depreciate? By how much? (2+1 p.)

Answers

a. The approximate real Interest Rate = -17%

b. Real Interest Rate = -14.3%

c. Apprοximate Percentage Depreciatiοn  = 1%

How to calculate apprοximate real interest rate?

a. The apprοximate real interest rate can be calculated using the rule-οf-thumb fοrmula:

Real Interest Rate ≈ Nοminal Interest Rate - Inflatiοn Rate

Real Interest Rate ≈ 2% - 19% = -17%

b. The exact fοrmula tο calculate the real interest rate is:

(1 + Nοminal Interest Rate) = (1 + Real Interest Rate) × (1 + Inflatiοn Rate)

(1 + 0.02) = (1 + Real Interest Rate) × (1 + 0.19)

1.02 = (1 + Real Interest Rate) × 1.19

Dividing bοth sides by 1.19:

(1 + Real Interest Rate) ≈ 1.02 / 1.19

(1 + Real Interest Rate) ≈ 0.857

Subtracting 1 frοm bοth sides:

Real Interest Rate ≈ 0.857 - 1 ≈ -0.143 οr -14.3%

c. The interest parity cοnditiοn states that the difference in nοminal interest rates between twο cοuntries is equal tο the expected percentage change in the exchange rate.

If the fοreign nοminal interest rate is 3% and the dοmestic nοminal interest rate is 2%, there is a 1% difference in interest rates. Accοrding tο the interest parity cοnditiοn, the dοmestic currency wοuld be expected tο depreciate.

The apprοximate percentage depreciatiοn can be calculated using the interest rate differential:

Apprοximate Percentage Depreciatiοn ≈ (Fοreign Nοminal Interest Rate - Dοmestic Nοminal Interest Rate)

Apprοximate Percentage Depreciatiοn ≈ 3% - 2% = 1%

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a) Before venturing into a new business, one has to evaluate and selects the best business opportunity. Identify THREE (3) of opportunity identification that are used to evaluate a viable opportunity

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Before venturing into a new business, one has to evaluate and select the best business opportunity. There are several ways to identify and evaluate a viable opportunity. The three (3) opportunity identification that can be used to evaluate a viable opportunity are as follows: 1. Market opportunity analysis. 2. SWOT analysis. 3. Industry and competitive analysis.

1. Market opportunity analysis: This method involves evaluating the market to determine whether there is a need for the product or service being offered. It includes conducting research to determine customer needs and identifying potential competitors. This type of analysis helps entrepreneurs determine if there is a market opportunity that they can exploit.

2. SWOT analysis: SWOT analysis is another tool that can be used to evaluate a viable opportunity. This method involves analyzing the strengths, weaknesses, opportunities, and threats of the business. This analysis helps entrepreneurs to identify the potential of the business idea. By analyzing the strengths and opportunities, entrepreneurs can determine if the business idea is worth pursuing. By analyzing the weaknesses and threats, entrepreneurs can determine if there are any obstacles that need to be addressed before starting the business.

3. Industry and competitive analysis: This method involves evaluating the industry and competition to determine if there is room for a new player in the market. By analyzing the competition, entrepreneurs can determine if there is a need for their product or service. They can also identify any gaps in the market that they can fill.

By analyzing the industry, entrepreneurs can determine if there is a need for their product or service. They can also identify any trends that they can capitalize on.

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For the above figure, suppose the total-revenue curve is derived from a particular linear demand curve. A. Assume the quantity is reduced from 4 units to 3 units. What is the nature of the demand curve (i.e., elastic demand, inelastic demand, etc.)? Explain (1 mark) B. Find the quantity that maximizes total revenue. (1 mark) C. A student taking Econ 101 suggested the following statements: "Total revenue will not change if price varies within a range where the elasticity coefficient is unity." Do you agree or disagree with the student's statement? Explain (1 mark)

Answers

By examining how quickly demand responds to a change in quantity from 4 to 3 units, the nature of the demand curve can be identified.

The demand curve is seen as elastic if a little fall in quantity results in a substantial decrease in demand, indicating a proportionally larger response. On the other side, the demand curve is categorized as inelastic if the reduction in quantity only causes a slight loss in demand, indicating a less substantial reaction. The degree to which consumers modify their purchasing behavior in response to the quantity drop can be used to explain the specific form of the demand curve.

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--The complete Question is, Assuming the quantity is reduced from 4 units to 3 units, what is the nature of the demand curve, i.e., is it elastic demand, inelastic demand, or something else? Please provide an explanation for your answer. --

On January 1, the board of directors declared a $1.50 cash dividend per share to shareholders of record on February 15. The dividend declared on January 1 was paid on February 28. The company has 6,000 shares of issued and outstanding common stock with a $20 par value. The journal entry to record the tanscction on the date of record is: a Debit Cash $9,000; Credit Common Dividends Payable for $9,000. O Debit Retained Earnings for $9,000; Common Dividends Payable for $9,000. O Debit Common Dividends Payable for $9,000; Retained Earnings for $9,000. O No journal entry required. A company changes from percentage-of-completion to completed-contract method, which is used for tax purposes. The entry to record this change should include a credit to Deferred Tax Liability. O debit to Loss on Long-term Contracts in the amount of the difference on prior years, net of tax. O debit to Construction in Process. debit to Retained Earnings in the amount of the difference on prior years, net of tax. Fleming Company has the following cumulative taxable temporary differences: 12/31/21 12/31/20 $1,600,000 $2,250,000 The tax rate enacted for 2021 is 30%, while the tax rate enacted for future years is 20%. Taxable income for 2021 is $4,000,000 and there are no permanent differences. Fleming's pretax financial income for 2021 is O $2,400,000 $4,325,000 O $3,350,000 $5,600,000

Answers

There is no sufficient information provided to determine Fleming Company's pretax financial income for 2021.

Can you determine the company's pretax financial income for 2021 based on the given information?

The journal entry to record the transaction on the date of record for the declared cash dividend would be: Debit Common Dividends Payable for $9,000 and Credit Retained Earnings for $9,000.

This entry reflects the liability created for the dividend amount owed to the shareholders (Common Dividends Payable) and the reduction in retained earnings, which represents the accumulated profits of the company that are being distributed to shareholders.

Regarding the company's change from percentage-of-completion to completed-contract method, the entry should include a debit to Loss on Long-term Contracts in the amount of the difference on prior years, net of tax.

There is no sufficient information provided to determine Fleming Company's pretax financial income for 2021.

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A stock has a 3:2 split or reverse split (decide which based on
the ratio). If the share price was $120 immediately before the
split, it will be $______ immediately after.

Answers

In this case, the share price will increase by a factor of 3/2, resulting in a new share price of $180.

What is the formula to calculate the future value of an investment with compound interest?

In a 3:2 split, also known as a reverse split, the number of shares is reduced while the share price is increased proportionally.

If the share price before the split was $120, the split ratio of 3:2 indicates that for every 3 shares owned, the shareholder will receive 2 new shares.

Since the split reduces the number of shares, the share price immediately after the split will be adjusted accordingly.

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Which of the following helps improve supply chain forecasting performance? Multiple Choice A. contracts that require supply chain members to formulate long-term forecasts B. penalties for supply chain members that adjust forecasts C. sharing forecasts or demand data across the supply chain D. increasing lead times for critical supply chain members E. increasing the number of suppliers at critical junctures in the supply chain

Answers

Increasing the number of suppliers at critical junctures in the supply chain helps improve supply chain forecasting performance. It is the technique of predicting future changes using data. Businesses may create both short- and long-term forecasts by looking at historical data, current trends, and other factors.

It is the technique of predicting future changes using data. Businesses may create both short- and long-term forecasts by looking at historical data, current trends, and other factors. The goal of supply forecasting is to identify the quantity and calibre of current and future human resources from both inside and outside the organisation that will be needed to fulfil future demand for human resources.

Supply forecasting uses information about your suppliers to predict how much product they will have available when and whether they deliver finished goods or parts that are assembled further down the supply chain.

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Find the price of 4 years bond that has coupon of 8.44% (paid quenterly) and par of $1000. The market interest is 7.80%

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The price of the 4-year bond with a coupon rate of 8.44% (paid quarterly) and a par value of $1000, with a market interest rate of 7.80%, is approximately $1038.28.

What is the approximate price of the 4-year bond with an 8.44% coupon rate (paid quarterly) and a $1000 par value when the market interest rate is 7.80%?

Bonds are debt instruments issued by governments or corporations to raise capital. They typically have a fixed maturity date, a coupon rate representing the interest paid to bondholders, and a par value, which is the face value of the bond.

The price of a bond is influenced by various factors, including the prevailing market interest rate.

To calculate the price of the 4-year bond in question, we need to consider the coupon payments and discount the future cash flows to their present value.

In this case, the bond has a coupon rate of 8.44% paid quarterly, and the market interest rate is 7.80%.

First, we calculate the present value of the bond's future cash flows, taking into account the time value of money. The coupon payments are $21.10 (8.44% of $1000) every quarter for 16 quarters (4 years).

Discounting these cash flows at a quarterly interest rate of 7.80%, we find the present value of the coupon payments to be approximately $302.64.

Next, we calculate the present value of the bond's face value, which is $1000 due at the end of the 4-year period. Discounting this future value at the same quarterly interest rate, we find the present value to be approximately $735.64.

Finally, we add the present values of the coupon payments and the face value to get the total price of the bond. Summing $302.64 and $735.64 gives us approximately $1038.28 as the price of the 4-year bond.

It's important to note that this calculation assumes that the bond is trading at its fair value in the market. Any deviations from this fair value may lead to a different bond price.

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What do you foresee to be some of the challenges that Rakuten
will face in managing a diverse workforce.

Answers

Some of the challenges that Rakuten will face in managing a diverse workforce include:

CommunicationBias

Why would these challenges be faced ?

Rakuten is a global company with employees from all over the world. This diversity can be a strength , but it can also pose challenges. People from different cultures may have different communication styles. This can lead to misunderstandings and conflict .

People from different backgrounds may have different biases. This can lead to discrimination and unfair treatment. Different cultures may have different values and beliefs . This can lead to conflict and tension in the workplace .

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