It requires a sizable decision-making bureaucracy, and the bureaucracy lacks the flexibility to handle minor day-to-day issues. These are the five main drawbacks of a command economy.
What is meant by command economy?A command economy, on the other hand, is one where all the factors of production are controlled by a centralized government that owns most, if not all, of the businesses. Command economies can be seen in East Germany, North Korea, and the former Soviet Union. In a command economy, the means of production are under the control of a single, centralized government, which also sets the desired level of output. The rule of supply and demand governs output and pricing in free-market economies, which are in contrast to command economies.A command economy is one in which the government has complete authority over the market it regulates.To learn more about command economy, refer to:
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What conclusion can be drawn about lobbying spending?.
Lobbying Spending is an activity that is commonly used to get an upper hand in the industry for your organization.
Lobbying Spending is an act that is usually practiced in business. Its sole purpose is to get the organization an upper hand above others and get an advantage over them. This is done by persuading people who are in a high-power position to support the organization and strengthen its reach.
In different industry, there is competition between the different organization and most of them use their connections to counter each other's power. This is practiced by persuing people who are in a high power position in the government that supports them.
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TRUE OR FALSE. A U-shaped long run average cost curve implies that a firm experiences economies of scale at low levels of production and diseconomies of scale at high levels of production.
The given statement is true because of economies of scale as well as diseconomies of scale, the long-run cost curves are U-shaped
If a company has high fixed costs, the increasing output will result in decreased average costs. It will lead to cost savings. However, over a certain level of output, a company may encounter diseconomies of scale.
The long-term average cost curve is shaped like a U to show how average cost first falls owing to economies of scale as the firm enjoys growing returns on the scale. When the firm is at its ideal size, it demonstrates continuous returns.
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long-lead items refer to closeout activities like trailer and site decommissioning that take considerable time to accomplish. true or false?
It is false that long-lead items refer to the skill closeout activities like trailer and site decommissioning that take considerable time to accomplish.
What is a skill?The ability to act in a way that achieves particular results with good execution, frequently in a predetermined amount of time, energy, or both, is referred to as a skill. Skills can be categorized into domain-general and domain-specific skills. In the field of work, for instance, general skills might include time management, teamwork and leadership, self-motivation, and others, while job-specific skills would be used only for that specific position. In order to evaluate a skill's level of use and demonstration, specific environmental stimuli and circumstances are typically required. When a skill is part of a body of knowledge or academic field, such as the art of medicine or the art of war, it is referred to as an art. To participate in the modern economy, people need a wide variety of skills.
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suppose imports are allowed, but a tariff of $2 per widget is imposed on imports. find the resulting price and total quantity consumed of widgets.
The resulting price of imports is $10 and the total quantity consumed of widgets is 10 units.
What is an import?An import is something that country receives from another country as an export. The primary financial activities that characterize international trade are import and export. Import quotas and orders from the customs authority place restrictions on the importation and exportation of goods in international trade. A tariff (tax) may be levied on the goods by the importing and exporting jurisdictions. Trade agreements between the importing and exporting jurisdictions are also a consideration for the importation and exportation of goods. Imports are the exchange of goods and services from non-residents to a resident of a jurisdiction (such as a country). Imports are precisely defined in national accounts to include and exclude particular "borderline" situations.
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this development will u.s. net capital outflow at all u.s. real interest rates, which in turn will cause the loanable funds to because net capital outflow is a component of the relevant curve in the loanable funds market.
At all real interest rates, an increase in net capital outflow will cause the loanable funds market to decrease.
What is the effect of an increase in net capital outflow on the loanable funds market?An increase in net capital outflow represents an increase in the demand for loanable funds. This will cause the loanable funds market to decrease as the demand for loanable funds increase.
The development will lead to higher interest rates in the United States, as foreign investors demand a higher return on their investment. This, in turn, will lead to a decrease in investment and an overall decrease in economic growth.
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a firm follows a(n) diversification strategy when it derives less than 70% of its revenues from a single business activity and obtains revenues from other lines of business that are linked to the primary business activity.
A company adopts an equivalent diversification strategy when it derives less than 70% of its revenue from a single business and generates revenue from other business units related to its primary business.
Corresponding diversification occurs when a company enters a new industry that is fairly similar to one or more of its current industries. Disney's acquisition of ABC is an example of the diversification it brings. Because both movies and TV shows are forms of entertainment. Associated diversification is often an attractive approach as it can turn strategic synergies between companies into a competitive advantage over companies that the business does not provide.
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which of the following consists of all messages or exchanges of information that are spoken? oral communication written communication nonverbal communication vertical communication horizontal communication
oral communication consists of all messages or exchanges of information that are spoken.
The term "oral communication" denotes verbal exchanges. It comprises people communicating with one another, whether it be face-to-face or over the phone. Oral communication includes discussions, speeches, and presentations. When a direct engagement is needed or the communication is of a temporary nature, oral communication is typically advised. Building rapport and trust requires face-to-face contact (meetings, lectures, conferences, interviews, etc.). The capacity to communicate ideas verbally with a single individual or a group of people is known as oral communication.
A straightforward presentation of a topic with each thought cogently expressed is a sign of effective verbal abilities. Everything about it is influenced by the language we use.
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standardized metrics are tags used by the: standardized metrics are tags used by the: data vendors to allow easier comparison of company reported xbrl data reporting company to allow easier comparison of company reported non-xbrl data reporting company to allow easier comparison of company reported xbrl data data vendors to allow easier comparison of company reported non-xbrl data
Standardized metrics are tags used by the data vendors to make XBRL financial data more comparable between companies. Therefore, the correct answer is the first option.
Standardized metrics are measures created by data vendors. It aims to make company-reported data more comparable across various companies. XBRL data itself is the universal standard for digital business or financial reporting and information.
One example of a standardized metric is the Gross Domestic Product or GDP. It's the value of goods and services that are produced in a country within a certain time frame. GDP acts as an indicator of how the economy is doing in related countries. When presented, it allows economists to analyze each country's economy and compare it with each other as well as predict which sector will grow.
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Jamie wants to borrow $15,000 from south western bank. They offered her a 4-year loan with an apr of 5. 5%. How much will she pay in interest over the life of the loan? (round monthly payment calculations to 2 decimal places. ).
The total interest Jamie will pay is $348.85/month in interest alone over the life of the loan.
How to calculate amount of interest ?The principal amount(p) is $15000
The Annual Percentage Rate (r) is 5.5%
The Duration of the Loan (t) is 4 years
Inorder to calcualte Amount of Interest (M)
[tex]M=[(p(r/12)(1+r/12)^{12t}] / [(1+r/12)^{12t} -1][/tex]
[tex]M = [15000(0.055/12)(1+0.055/12)^{12x4}] / [(1+0.055/12)^{12x4}-1][/tex]
M = $348.85
What is the interest?The cost you incur when lending or borrowing money is called interest.Most of the time, interest is expressed as an annual percentage of the loan amount.The loan's interest rate is represented by this percentage.The total interest Jamie will pay is $348.85/month in interest alone over the life of the loan.
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True or False -- Chris receives a gift of a passive activity from his father whose basis was $60,000. Suspended losses related to the activity are $18,000. Chris will be allowed to offset the $18,000 suspended losses against future passive income.
Based on the question the answer is False. It's because a gift that Chris receives of a passive activity result in the suspended losses being added to the adjusted basis of the property.
Passive activities include business activities or trade in which you don't materially participate. If you're involved in the operation of the activity on a substantial, regular, and continuous basis you materially participate in that an activity. Passive income generally can be described that is earnings from a rental property, other business or limited partnership in which a person is not actively involved. The examples of passive activities are like home rentals, leasing equipment, and limited partnership are all considered examples of common passive activity. They can claim passive losses from investments like rental properties, when investors are not materially involved.
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Nathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its
Reach
Nathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its "reach."
What Is a Marketing Campaign?Products are promoted in marketing campaigns through a variety of media, including print, radio, television, and online platforms.The amount of marketing that is required and the types of media that are most effective at reaching a particular group of customers are typically determined by the goal of a campaign.When major negative press causes a company to lose sales, they frequently use marketing campaigns to improve their image.What are the types of marketing campaigns?Many types of marketing campaigns exist. Some of them are listed below.
Acquisition Marketing CampaignProduct Marketing CampaignSocial Media CampaignPaid Advertising CampaignContent Marketing CampaignUser-Generated Content CampaignNathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its "reach."
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Nathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its "reach."
What Is a Marketing Campaign?Products are promoted in marketing campaigns through a variety of media, including print, radio, television, and online platforms.The amount of marketing that is required and the types of media that are most effective at reaching a particular group of customers are typically determined by the goal of a campaign.When major negative press causes a company to lose sales, they frequently use marketing campaigns to improve their image.What are the types of marketing campaigns?Many types of marketing campaigns exist. Some of them are listed below.
Acquisition Marketing CampaignProduct Marketing CampaignSocial Media CampaignPaid Advertising CampaignContent Marketing CampaignUser-Generated Content CampaignNathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its "reach."
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despite the high prices, the brand is popular among customers for its higher quality and better design, in comparison to cheaper alternatives available in the market. in this case, the company offers a(n) value proposition. decca athletic apparel charges a higher price for its products than other athletic clothing designers. despite the high prices, the brand is popular among customers for its higher quality and better design, in comparison to cheaper alternatives available in the market. in this case, the company offers a(n) value proposition. more-for-more less-for-more less-for-less more-for-less more-for-the-same
Channel differentiation. Firms that practice channel differentiation gain a competitive advantage through the way they design their channel's coverage, expertise, and performance.
The insurance of a lens is the scale of the photo it could produce, measured as the diameter of the image circle produced by the optics. In a camera gadget the coverage have to be big sufficient to cowl the sensor or film used. In a view digital camera gadget, because the movie aircraft may be moved independently of the lens plane, the lens need to have enough insurance to cover the film while it is offset from the center of the coverage vicinity. insufficient insurance can cause vignetting.
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FILL IN THE BLANK. aggregate supply (as) denotes the relationship between the ___ that firms choose to produce and sell and the ___ , holding the price of inputs fixed.
Aggregate supply (as) denotes the relationship between the total quantity that firms choose to produce and sell and the price level for output, holding the price of inputs fixed.
The total amount of all the goods and services that businesses can generate and market in a certain period of time at a specific price is known as the aggregate supply. The relationship between price levels and the amount of the product that the companies can supply is depicted by the aggregate supply curve.
Aggregate supply typically is the link between the expected amount of output and the economy's overall price level. Prices will increase as output increases. Additionally, it indicates the connection between the overall volume that businesses decide to create and sell and the output price level while keeping the input price constant.
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if wages and prices are perfectly flexible and inflation is correctly anticipated, then an expansionary monetary policy will affect the real output and price level in which of the following ways?
If wages and prices are perfectly flexible and inflation is correctly anticipated, then an expansionary monetary policy will affect the real output and price level is not change.
Inflation:
Inflation refers the rate of increase in prices over a given period of time.
Given,
Here we need to find if wages and prices are perfectly flexible and inflation is correctly anticipated, then an expansionary monetary policy will affect the real output and price level way.
As per the definition of inflation, an expansionary monetary policy increases the money supply to stimulate the aggregate demand in an economy.
Therefore, according to an expansionary monetary policy causes inflation in an economy.
Therefore, according to the definition of inflation and monetary policy the price value is unchanged.
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How will you determine which bank you will choose when you are ready to open a checking and savings account?.
Money may be deposited and spent with ease using Checking accounts.
Savings accounts have a limited withdrawal policy because they are intended for saving money.
How to choose a bank to open Checking and Saving account?
There are Five major steps in choosing bank they are:
1. Choose the appropriate account.
Banks provide a wide range of goods and services, making it difficult to compare them all at once.
2. Seek out banks with minimal or no costs.
They often don't impose as many fees as traditional brick-and-mortar banks because they have fewer (if any) branches and hence inoccur lesser operational costs.
3. Take into account the ease of a bank branch.
Important factors to take into account include the accessibility of online and mobile banking, the convenience of branch locations, and ATM accessibility.
4. Investigate credit unions.
Usually, members receive a profit-sharing payment in the form of decreased fees, greater savings rates, and lower borrowing rates.
5. Discover a bank that accommodates your way of living.
Our needs should be met by the bank you select. For instance, if you're self-employed, you'll need a bank that can help you as you expand your enterprise.
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Which of the following is not done/created before the change board approves a change? group of answer choicesA. Rollback planB. Sandbox testingC. Risk analysisD. Kickoff meeting
A Rollback Plan is not created before the change board approves a change. As a result, option A is the best choice.
A rollback plan is a type of recovery strategy that attempts to return the system to its most recent stable state. A configuration file reload or a tape restore could be required. The rollback strategy is used as an emergency exit strategy to restart the system before the time limit expires.
A rollback plan defines how to actually implement your change in production and ensure that it works as expected. Because you'll be thinking about what needs to be done in order to succeed, the deployment plan creation process is frequently more beneficial than the plan itself.
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Services have four unique characteristics that distinguish them from goods. Name and briefly define each of these four characteristics. Use the example of an event (sporting or entertainment) to help describe each of the four characteristics.
The Services have four unique characteristics :
intangibility inseparability variability perishability.What are the 4 characteristics of service examples?Four characteristics of service are;intangibility,inseparability,variabilityperishability.Services Are Intangible and Cannot Be Sensed Before Purchase. The nature of services is intangible. It indicates that services cannot be perceived, tasted, touched, heard, or odored before to purchase.For eg : An airline passenger, for instance, simply has a ticket and the assurance of a pleasurable and safe voyage. Customers care about the quality of the services, thus the supplier must include concrete aspects. The location, cost, technology, and communication materials must all reflect the service quality that the service provider claims to offer.inseparability - Services Are Created and Consumed Together; Inseparability. One of the key characteristics of services is inseparability. It implies that services are created and used concurrently and that their producers—whether they be humans or machines—cannot be separated.For eg : Consumer engagement with service providers is crucial in services marketing since the customer is present throughout the service's production. Both the service provider and the client have an impact on the outcome. variability - Service Quality Variability Never repeat yourself. The quality of services may vary significantly depending on who provides them as well as when, where, and how they are provided, which is another key characteristic of services.For eg :The Sheraton hotel, for instance, has a reputation for offering superior service to others.Services that are perishable cannot be stored. Services cannot be preserved for subsequent sale or usage since they are perishable. A ticket for a movie's evening showing cannot be used to see the film's night show.For eg : For instance, since demand is not constant throughout the day, public transportation companies must own much more equipment than they would.Learn more about 4 characteristics of service refer to :
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Managers who weigh their first impression of an applicant more heavily than information received later in the interview are experiencing ________.
Managers who weigh their first impression of an applicant more heavily than information received later in the interview are experiencing the anchoring effect.
experience refers to conscious events in popular, more mainly to perceptions, or to the practical expertise and familiarity this is produced by way of those aware strategies. Understood as a conscious event inside the widest feel, experience entails a subject to which diverse gadgets are provided. in this sense, seeing a yellow chook on a branch provides the situation with the gadgets "chook" and "branch", the relation among them and the property "yellow". Unreal objects can be blanketed as properly, which happens while experiencing hallucinations or goals. when understood in a greater limited feel, handiest sensory recognition counts as experience.
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The oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply.
It is to be noted that the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, the options that describe the oligopolistic market structure are:
Difficult Entry (Option B)Market Controlled by a Few Large Firms (Option C)What is an Oligopolistic Market?When there is imperfect competition, market structures such as monopolies and oligopolies occur. A monopoly occurs when a single business manufactures items that have no close replacement, whereas an oligopoly occurs when a small number of reasonably big enterprises manufacture comparable but slightly different commodities.
An oligopoly is a market arrangement in which a small number of enterprises may prevent the rest from wielding substantial influence. The concentration ratio calculates the largest enterprises' market share.
Oligopoly types are:
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Full Question:
The oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply.
Market controlled by small firmsDifficult EntryMarket Controlled by a Few Large Firms Mutual InterdependenceMutual DependenceHow do you show customer obsession answer?.
When the client needs it, providing support.Investigate the client's needs.Be proactive and go above and beyond for customers.
How do you show your customer obsession?When the client needs it, providing support.Investigate the client's needs.Be proactive and go above and beyond for customers.Try to imagine yourself in the position of the client.Your product may have issues.Learn more about client loyalty and satisfaction by gathering data.We're making a profit when we sell the pills.However, in contrast to other businesses, we prefer to benefit from sales of the product rather than sales of its purchase.Another illustration of how customer-focused Amazon is is this.The future of the customer experience is viewed by many industry leaders as being obsessed with the customer. This is exemplified by the behaviors of businesses that continually and routinely add new value to the customer experience.
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the management at avenue apparel inc. designed a strategy that unifies advertising, personal selling, public relations, and sales promotion activities creating a consistent message. this effort to promote a positive brand image represents a(n) program.
This effort to promote a positive brand image represents a(n) integrated marketing communication program. The integrated marketing program is one of the efforts to promote a positive brand image.
Integrated marketing communication is a marketing communication concept that involves all management divisions by integrating and coordinating various communication channels such as advertising, sales promotion, publication, personal selling, and direct marketing continuously and continuously to provide clarity, consistency, and impact of communication. maximize the increase in sales.
Integrated Marketing Communication (IMC) is a combination of various forms of marketing communications with the aim of influencing or having a direct effect on the behavior of its target audience. The application of integrated marketing communication that is carried out correctly will make the message to be conveyed to consumers be right on target and well received, this will lead to an increase in purchases.
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A period during which real gdp declines for two quarters in a row, or six consecutive months, is most likely a.
Answer:
I believe the answer would be a recession
Explanation:
T/F the renaissance began in northern italy because china took interest in increasing trade with this region and in developing northern italy after its own models of society and government.
The following statement "the Renaissance began in Northern Italy because china took interest in increasing trade with this region and in developing northern Italy after its own models of society and government" is false.
Outside of Italy, northern Europe and other regions saw a Renaissance. Up until 1450, the Italian Renaissance had a relatively small impact. Renaissance movements emerged in Germany, France, England, the Netherlands, and Poland around 1450 as a result of the spread of ideals like humanism throughout Europe.
Italy was the birthplace of ancient civilization, therefore the Renaissance there began. It was in Italy, the cradle of the Roman Empire, that the Renaissance first emerged. The magnificent creations of Roman art and thought were momentarily lost after the fall of the empire in the 4th century and the ensuing dark ages.
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A company is actively working at reducing employee turnover. According to research, employees are more likely to continue working hard for a company that: O conducts regular management retreats to exotic sites. O provides wellness benefits such as free healthy snacks and gym memberships. O is located close to good transportation hubs. O provides continual training of the necessary skills employees need to perform their jobs.
(D) provides continual training of the necessary skills employees need to perform their jobs can make an employee more likely to continue working hard for a company. It is because the hard skills and also soft skills of each employee will be increase. So that they will get a lot of knowledge that supports career.
Turnover generally can be defined as the act of replacing an employee with a new employee In human resources. Partings between employees and organizations may consist of resignations, termination, retirement, death, and also interagency transfers. There are several types of employees turnover, such as Voluntary Turnover, Involuntary Turnover, Involuntary turnover, Retirement, and also Internal Transfers.
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you buy 50 shares of stock in a telecommunications company for $20 a share and pay $100 commission. how much will this transaction add to gdp?
$100 will be added to GDP.
Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a given time period.
This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
The expenditure approach applies the following formula to calculate GDP: GDP = private consumption + gross private investment + government investment + government spending + (exports – imports).
In other words, if a stock broker sells $10,000 worth of stocks this year and charges $200 in commissions (fees), the $200 is added to this year's GDP but not the $10,000.
This is because the commission a stockbroker gets on the selling of financial products is taken into GDP.
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what is not an example of a source where you might gather field information needed to develop your project controls?
Requests for information is not an example of source where you might gather the field information needed to develop project controls.
What is information?Information is an ambiguous concept that describes anything with the ability to inform. Information is primarily concerned with the interpretation of what can be sensed. Any natural process that is not entirely random and any discernible pattern in any medium can both be considered to be transmitting some level of information. Other phenomena and artifacts, including analog signals, poems, pictures, music or other sounds, and currents, use more continuous forms of communication to convey information than do digital signals and other data. Information can have meaning attached to it through interpretation but is not knowledge in and of itself. Data available at one step are processed into information that is then interpreted and processed at the following step. This is how information is frequently processed.
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the marginal revenue curve for a firm operating in a competitive market: is the same as the market price of the product lies strictly below the demand curve is undefined, as the concept of marginal revenue does not apply to competitive markets lies above the demand curve.
We have shown that the marginal revenue curve and average revenue curve of a fully competitive firm are identical horizontal lines at the market price.
Explain about the competitive market?The term "competitive market" in economics refers to a market with many of customers and sellers but no considerable influence from any one buyer or seller. There are many of buyers and sellers, little entry barriers, and uniform products in competitive markets.A market with a competitive market structure is one with significant competition. Due to its large consumer base, uniform product offerings, easy entry and exit, etc., it is sometimes referred to as a market that is entirely competitive.The success of the American economy depends on a robust market economy. Economic theory demonstrates that when companies compete for customers, consumers benefit from lower prices, better products and services, greater variety, and increased innovation.To learn more about competitive market refer to:
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6.in 50 years, you have will $123,500 in the bank. the bank offers a fixed 4% apr and compounds quarterly. how much did you deposit today to achieve this result?
In 50 years, you have will $123,500 in the bank. the bank offers a fixed 4% apr and compounds quarterly. $16770 deposit today to achieve this result.
What is Compounding?
Compounding is the term used to describe how an asset's value grows as a result of the interest that is earned on both the principal and the accumulated interest. Compound interest is another name for this phenomena, which is a direct application of the time value of money (TMV) idea.
Compounding is important in finance, and many investing techniques are driven by the profits associated with its effects. For instance, many businesses provide dividend reinvestment programmed (DRIPs), which let investors use their cash dividends to buy more shares of stock. Reinvesting in more of these dividend-paying shares increases investor returns because, assuming steady dividends, the increased share count will steadily increase future dividend payout income.
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n the u.s., public land use policy is based on the resource conservation ethic, which states resource decisions are based on the:
The federal government, state governments, and private groups can all set aside land for preservation.
A federal monarchy, in the strict experience, is a federation of states with a single monarch as ordinary head of the federation, however retaining one of a kind monarchs, or having a non-monarchical gadget of government, in the numerous states joined to the federation. The time period was brought into English political and historical discourse by means of Edward Augustus Freeman, in his records of Federal authorities (1863). Freeman himself idea a federal monarchy simplest feasible inside the summary.
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Suppose that an antique jewelry dealer is interested in purchasing a gold necklace for which the probabilities are 0. 22, 0. 36, 0. 28, and 0. 14, respectively, that she will be able to sell it for a profit of $250, sell it for a profit of $150, break even, or sell it for a loss of $150. What is her expected profit?.
Answer:
(250 * 0.22) + (150 * 0.36) + (0 * 0.28) + (-150 * 0.14) = 88
Explanation:
The expected profit of a scenario can be found by adding up the result of each possibility by the probability of that possibility happening.
So, in the answer,
(250 * 0.22) represents the 22% chance (0.22) of making $250 in profit
and (-150 * 0.14) represents the 14% chance (0.14) of losing $150