When both the demand and supply decreases simultaneously in the craft beer market, the equilibrium quantity decreases.
In the craft beer market, if both demand and supply decreases, there will be a decrease in the equilibrium output, but the effect on price cannot be determined here.
A decrease in demand causes the equilibrium price to fall. A decrease in supply will cause the equilibrium price to rise, and then quantity demanded will decrease.
Hence, the impact of both demand and supply decreasing simultaneously means that a new equilibrium quantity of beer must be less than the old equilibrium quantity.
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For a particular item the usage is 2000 units per year, the ordering cost is $10. The inventory carrying cost is 20 nd the unit cost is $5. The economic order quantity is?
The inventory carrying cost is 20 and the unit cost is $5 .The economic order quantity is 200 units.
Demand = 2000
Ordering cost = $10
Inventory carrying cost = 20% of 5 = $1
Economic order quantity = sqrt(2DS/H)
= Sqrt(2*2000*10/1)
= Sqrt(40000)
Economic order quantity = 200
Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.
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The _____ is a major source of citizen entitlements for the indigent, unemployed, aged, persons with disabilities, and children and families.
The "Social Security Act of 1935" is a major source of citizen entitlements for the indigent, unemployed, aged, persons with disabilities, and children and families.
What is Social Security Act of 1935?A permanent national aged pension system was established by the Social Security Act (August 14, 1935), the first piece of U.S. legislation; later, the system's benefits were expanded to cover dependents, the disabled, as well as other groups.
Some characteristics of Social Security Act of 1935 are-
Francis E. Townsend's campaign for a $200 pension for everyone over 60 years old was supported by five million senior citizens who established nationwide Townsend clubs in the early 1930s in response to the Great Depression's economic effects. A committee on financial stability was established by President Franklin D. Roosevelt in 1934 to study the issue. After studying the committee's recommendations, Congress passed the Social Security Act in 1935, which established old-age benefits that would be paid for by a payroll tax on both employers and employees.The Social Security Act has indeed been modified on occasion, attempting to keep up with inflation by raising taxes, increasing the number of workers enrolled, and extending the types of coverage available.To know more about Social Security Act of 1935, here
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What is a beta? how is it used to calculate r, the investor's required rate of return?
Beta is the volatility or systematic risk of the price of an asset in relation to the market as a whole is measured by as beta.
How and why beta is calculated?A beta of 1 means that the security's price moves in lockstep with the market and has the same level of volatility. A security is less volatile than the market if its beta value is less than one. A security is more volatile than the market if its beta value is greater than one.The Capital Asset Pricing Model uses beta to determine the needed rate of return (CAPM).
The following formula is used to compute it:
Ke = Rf + b [ E ( Rm ) - Rf ]
Where:
Risk-free rate of return is Rf.
Rm stands for estimated market rate of return.
b = beta of a stock.
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If we were told that a firm earns positive accounting profit and nothing else, what would we know is true about its economic profit?
It's positive because whenever accounting profit is fine so is economic profit.
Advantageous economic earnings, therefore, indicate that a company's is income greater than the aggressive norm. Context: economic profits aren't similar to accounting profits. In accounting, earnings are really extra of sales over the express prices of obtaining the sales.
If a company's accounting profit is fine, then its monetary earnings must additionally be wonderful. fake, accounting earnings simplest accounts for an express fee, even as economic profit deals with specific and implicit costs. a superbly competitive market that is in long-run equilibrium reports a lower in demand.
A firm can earn a tremendous accounting profit but terrible monetary income if it is able to have earned a greater go back in some different line of commercial enterprise. that is known as negative economic profits.
Aggressive agencies whose overall costs are included through their overall revenue growth to be incomes zero monetary profit. zero accounting income, although, a way that a corporation is going for walks at a loss. because of this, its expenses are higher than its sales.
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The duty of confidentiality survives agency unless the former client is found guilty of fraud or ______. Unset starred question it will help another client. the former client has moved out-of-state. the information is known from other sources. the transaction has closed.
The duty of confidentiality survives agency unless the former client is found guilty of fraud or the former client is found guilty of fraud.
Confidentiality agreements can run indefinitely, protecting the events' disclosures of confidential statistics at any time, or can terminate on a positive date or occasion. whether or no longer the overall agreement has a definite term, the events' nondisclosure obligations may be stated to continue to exist for a set period.
In many also be instances although the duties can be perpetual. If that is preferred it's miles critical to the nation especially since the term will outlast the existence of the settlement. "The provisions of this Clause shall live to tell the tale of any termination of this agreement."
It prevents misuse of exclusive records (unlawful or immoral use). It protects popularity. Employment may additionally rely on it (e.g. non-disclosure settlement). It ensures compliance with the law.
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Elsa participates in a title vii investigation at the firm where she works. As a result, elsa's employer demotes her. Elsa can file a?
Elsa participates in a title vii investigation at the firm where she works. As a result, elsa's employer demotes her. Elsa can file a retaliation claim.
Retaliation claims – they are made when an employee complains of discrimination based on a protected status (such as race, gender, or disability) and experiences negative treatment as a result of making the complaint (e.g., the employee receives a demotion). Retaliation may take the form of dismissal or refusal to hire you, a demotion, a wage cut, or a reduction in the amount of hours you work.
Retaliation claims may be successful if the following is established:
The employee was subjected to or witnessed unlawful harassment or discrimination.
The worker took part in a lawful working activity.In response, the company decided to discipline the worker.Learn more about Retaliation claims here
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In an ideal world, market segmentation groups customers into relatively homogeneous groups or segments such that customers within a segment are similar to one another in:________
In an ideal world, market segmentation groups customers into relatively homogeneous groups or segments such that customers within a segment are similar to one another in business market.
In advertising, market segmentation is the technique of dividing a vast customer or enterprise marketplace, usually consisting of current and capacity clients, into sub-agencies of purchasers (referred to as segments) based totally on a few forms of shared traits.
In dividing or segmenting markets, researchers typically look for not unusual traits consisting of shared desires, common interests, comparable lifestyles, or maybe similar demographic profiles. the general intention of segmentation is to discover excessive yield segments – that is, those segments that are probably to be the maximum profitable or which have growth ability – in order that those may be decided on for special attention (i.e. come to be goal markets).
Many extraordinary ways to phase a marketplace have been identified. business-to-enterprise (B2B) sellers may segment the marketplace into unique types of organizations or countries, at the same time as business-to-customer (B2C) dealers might section the marketplace into demographic segments, consisting of life-style, behavior, or socioeconomic repute.
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Which activities are planned, directed, and controlled through sales management?
are planned, directed, and controlled through sales management
Sales management is the process of organizing and optimizing the sales department. Some aspects of sales management including recruiting and training staff, coordinating operations within departments, and devising strategies to drive growth and increase sales.
Sales Management Example Suppose there is a company ABC that deals with office air conditioning. To sell and manage air conditioners, you need a good sales team. Products and services include complete AC units, maintenance, service, replacement, and warranty.
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Cyclical unemployment is unemployment resulting from fluctuations in economic activity.
a. True
b.False
(A) TRUE
Cyclical unemployment is unemployment resulting from fluctuations in economic activity.
This type of unemployment can be defined as the cyclical trends in the industry or the business cycle. The lower amount of cyclical unemployment is at its lowest when the economy is operating in its good way and is at its highest.
Fluctuations occur when an economic activity cannot take place due to the fall in the economy condition that is the bear phase which in turn lead loss to the producers and they cut down the labour which generates unemployment.
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Innovative change of raw ingredient that makes a food product more attractive to customers and consumers is called
Innovative change in raw ingredients that makes a food product more attractive to customers and consumers is called value-added.
Crude horticultural items with value-added are those that have been improved or changed to have superior market esteem as well as a more drawn-out timeframe of realistic usability.
The Colorado Wholesale Food Regulations apply to crude agrarian items that have been changed from their total natural product or vegetable state through cutting, dicing, cutting, slashing, cooking, consolidating, or different cycles.
All handled food varieties sold at ranchers' business sectors, except for those made as per the Cottage Foods Act, should be created in an office that has been supported and has gone through Good Manufacturing Practices examination by the wellbeing division.
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Six sigma's target for perfection is the achievement of no more than _____ defects or errors per million opportunities.
Six sigma's target for perfection is the achievement of no more than 4 defects or errors per million opportunities.
The idea of first-rate at source suggests that the person who does the paintings should take obligations making sure conformance excellent of his or her output.
Six Sigma is a technique that offers corporations equipment to improve the capability of their business methods. This increase in overall performance and reduce in technique variation helps result in defect reduction and improvement in profits, employee morale, and excellent of services or products.
Six Sigma performance produces a defect-loose product 99.99966% of the time; permitting the most effective 3.4 errors per a million possibilities. 10 programs might need to be corrected for the duration of the whole 12 months.
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Employee _______________ more readily occurs when employees are informed of the change and are educated on the reason for the change.
Employee buy-in more readily occurs when employees are informed of the change and are educated on the reason for the change.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
The definition of employee is someone who works for another person or company for wages or other agreed remuneration. An example of an employee is someone employed by McDonald's who is paid a fixed amount for each hour worked.
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What is the effect on the accounting equation if a company does not write off specific, non-paying customers' accounts receivable?
There is no effect on the accounting equation if a company does not write off specific, non-paying customers' accounts receivable.
Accounts Receivable (AR): What Is It?The amount of money owed to a business for delivered or used but unpaid goods or services is known as accounts receivable (AR). The balance sheet classifies accounts receivable as a current asset. Any money owing by clients for purchases is done using credit known as AR.
What Distinguishes Receivables From Accounts Payable?
Receivables are assets that the company records as money owed to it for services delivered. On the other hand, accounts payable indicate money that the company owes to other parties. For instance, payments owed to creditors or suppliers. Liabilities are recorded for payables.
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Economies of ______ are the savings that come from producing two or more different outputs at a lower cost than producing each output individually.
Economies of scope are the savings that come from producing two or more different outputs at a lower cost than producing each output individually.
Economies of scale are generated by volume, but economies of scope are formed by variety. In the field of economics, the terms "economies" and "scope" refer to expanding output and services through varied product offerings.
According to the economic principle known as "economies of scope," as the variety of items produced rises, so does the average overall cost of production.
For instance, a gas station can offer soda, milk, baked goods, etc. through its customer service staff, allowing the gas industry to save money.
For a business, economies of scale refer to cost savings that result from scaling up production of a single product type, whereas economies of scope refer to cost savings that result from manufacturing a variety of products.
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The main models or approaches to valuing real estate using income capitalization include?
The income capitalization method determines the market value of a property based on the income it generates. It is also referred to as the income approach. The higher the property's value, the more income it generates. In commercial real estate, the income approach is commonly used.
The income approach, also known as the income capitalization approach, is a real estate appraisal method that allows investors to estimate the value of a property based on the income generated by the property. It is calculated by dividing the net operating income (NOI) of the rent collected by the capitalization rate.
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Describe the stages of team development. how would you facilitate a team's development through each stage?
Four stages of development move through are the following forming , storming, norming and storming.
Situational leadership by tuckman is the perfect fit for the explaination of this theory. Most high performing teams go through the five stage development process.
The internal characteristics are people in the team and how the interaction will take place amongst its members. Team usually develop each other through stage and process building that would significantly facilitate the development of the team. Cohesiveness determine the accept and confirm norms.
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An organization of skilled specialists in a particular trade, such as plumbers, is a(n)?
Answer is crafts union.
Craft union, trade union integrating people who are engaged in a certain craft or talent but may work for different companies and in different regions. Craft unions were formed in Britain and the United States in the middle of the nineteenth century to raise wage levels and working conditions.
Their dominance stems from their control over the supply of trained labor, which they retain through licensing and apprenticeship systems. A local craft union tries to organize all members of its trade by using slogans such as "One craft, one union" (e.g., plumbers, bricklayers, ironworkers, carpenters etc.)
Therefore, the answer is craft union.
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The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of:_______
The agent’s responsibility to understand the local real estate market, know the client’s specific needs and assist the client in evaluating the terms of an agreement is the duty of transaction.
A real estate agent allows his or her clients to buy, hire, or promote houses. They advise clients approximately marketplace situations, conduct walkthroughs, and provide steering and help through the manner of buying, promoting, or leasing properties.
You may quickly recognize whether or not you are in a client's or supplier's market, what buyers are looking for, how list prices evaluate to promoting prices, and so forth. Having all of these facts can help you make decisions that maximize your margins through the sale.
Inside the agency courting, the Agent owes a fiduciary obligation to the foremost, which compels the Agent to behave handiest within the pleasant interests of the most important. The fiduciary obligation prevents the Agent from acting in a way that conflicts with the interests of the main.
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In terms of economic costs to society, --------------------crimes are considerably higher than ---------------------------crimes
In terms of economic costs to society, white-collar crimes are considerably higher than conventional crimes.
Colloquially, a crime is an offense punishable by a state or other authority. The term crime does not have a simple, generally accepted definition in modern criminal law, but a statutory definition is provided for specific purposes. The most common view is that crime is a category created by law.
In other words, something is a crime if it is so declared by the relevant applicable law. The proposed definition is that a felony or misdemeanor (or crime) is an act (a "public malpractice") that harms not only an individual but also a community, society, or nation. Such actions are prohibited and will be punished.
The idea of banning acts such as murder and theft exists worldwide. What exactly constitutes a criminal offense is defined by each jurisdiction's criminal law. Many countries have a catalog of crimes known as criminal law, but some common law countries do not have such a comprehensive law.
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The monopolist wants a price-quantity combination to fall in the _____ section of its demand curve, where a lower price means _____ total revenue
The monopolist wants a price-quantity combination to fall in the Elastic section of its demand curve, where a lower price means greater total revenue.
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.
When firms decide on prices, the demand curve can be a crucial instrument. This is so that the demand curve can display both the price at which consumer response declines and the price at which the greatest demand is elicited.
The demand curve changes the elasticity. Where price elasticity exceeds one (where demand is elastic) and falls below one (where demand is inelastic), is known as the elastic zone of demand. A decrease in price boosts overall revenue in the elastic region, while the opposite is true for the inelastic sector.
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Pierre wants to use the loan manager to track the long-term liability for his new pickup truck. what accounts must he set up prior to setting up the loan?
To track the long-term liability for his new pickup truck Pierre has to set up a long-term liability account register.
A long-term liability account register lists transactions related to debts that are due in more than one year like a mortgage. . Long-term liabilities are also known as non-current liabilities You can use a long-term liability account register to track and manage transactions that affect your long-term liability account.
In a long-term liability account register Debt ratios (such as solvency ratios) compare liabilities to assets. The ratios may be modified to compare the total assets to long-term liabilities only.
This ratio is called long-term debt to assets. Long-term debt compared to total equity provides insight relating to a financing structure and financial leverage. Long-term debt compared to current liabilities also provides insight regarding the debt structure.
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Tax breaks, loans, and guaranteed high prices are examples of what type of protectionism?
Tax breaks, loans, and guaranteed high prices are examples of subsidies protectionism.
What is Protectionism?
Protectionism refers to government policies that help to boost domestic industries while restricting international trade. The objective of protectionist policies is usually to improve the economic conditions within a domestic economy. The protectionist policies can also be implemented for improving the quality of products or safety concerns. There are different protectionist policies and tools that a government can use to implement and improve economic activity such as tariffs, product standards, import quotas, and subsidies.
Therefore, tax breaks, guaranteed high prices, and loans are examples of subsidies protectionism.
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In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or usp, are referred to as.
In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or USP, are referred to as Brand elements.
What is a brand?A brand is any feature that distinguishes a seller's product or service from that of other sellers' products or services.It could be a word, a phrase, a symbol, a design, or anything else.Brands are used in business, marketing, and advertising to create and protect brand equity for the well-known product, which is advantageous to the brand's consumers, owners, and shareholders.Brand names and generic or retail brands can occasionally be differentiated.What is Advertising management?Advertising management is a purposeful administrative process designed to oversee and control the various advertising initiatives that are a part of a campaign to connect with a company's target market and, ultimately, have an impact on consumers' purchase decisions.Since marketing communications only make up a small part of a company's promotional mix, they must be paired with advertising.Learn more about Advertising management here:
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How does a repo differ from a fed funds transaction? how do their rates compare?
A repo is basically a collateralized loan, whereas Fed funds are uncollateralized
What is collateralized loan?Collateralized loan obligations are a type of securitization in which payments from many small and big business loans are pooled and distributed to different classes of owners in different tranches. A collateralized debt obligation (CLO) is a type of debt obligation.
The use of a valuable item as collateral to obtain a loan is known as collateralization. If the borrower fails to repay the debt, the lender may seize and sell the asset to make up the difference. Asset collateralization offers lenders with some protection against default risk.
Collateral is a valuable object used to secure a loan. Lenders' risk is reduced by collateral. If a borrower fails on a loan, the lender can seize and sell the collateral to recuperate its losses.
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When certain assumptions are used to create a model of reality, its value can be tested and determined by:____.
When certain assumptions are used to create a model of reality, its value can be tested and determined by predicting outcomes.
When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' behavior. To assist explain how an economy works and how to maximize growth, income, and employment, there are numerous economic theories.
However, preferences—that is, what companies and customers like to have or prefer to avoid—are central to many ideas. Additionally, the assumptions frequently concern the resources that are or are not readily available to meet the demands and preferences.
The decisions that individuals involved in an economy make are significantly influenced by the availability or scarcity of resources.
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Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are:_________
Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are a better reflection of current value than historical value. the correct answer is option(b).
Market capitalization is frequently used to refer to market value, which is the price an asset commands on the market. Because they depend on a variety of variables, including the physical working environment, the overall state of the economy, and the dynamics of supply and demand, market values are dynamic in nature.
An asset's book value is determined by the balance in its balance sheet account. Asset values are determined by subtracting any depreciation, amortization, or impairment expenses from the asset's initial cost.
Since market value includes profitability, intangibles, and potential for future growth, it typically exceeds book value for a company. The net asset value investors receive when they purchase shares is measured using book value per share.
The complete question is:
Financial economists prefer to use market values when measuring debt ratios because:
market values are more stable than book values.market values are a better reflection of current value than historical value.market values are readily available and do not have to be calculated like book values.market values are more difficult to calculate which makes financial economists more valuableNone of these.To know more about market values refer to: https://brainly.com/question/19131751
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An asset is exchanged for another asset and no cash is exchanged in the transaction. The fair value of the assets are not determinable. At what amount should the new asset be recorded?
Book value of the asset given up less the cash received.
How Do Assets Work?An asset is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may someday be useful. A company's balance sheet lists its assets. They are divided into current, fixed, financial, and intangible categories.
They are acquired or produced to raise a company's worth or enhance its operations. Whether it's a piece of manufacturing equipment or a patent, an asset can be looked at as anything that can, in the future, increase sales, lower costs, or generate cash flow.
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When the price level _______ the inflation rate _______. a. rises slowly; falls b. rises rapidly; increases c. falls; is zero
When the price level rises rapidly the inflation rate increases.
The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.
However, it can also be computed more precisely—for example, for specific products, like food, or for services, like school tuition.
In any situation, inflation refers to how much more expensive the pertinent collection of goods and/or services has grown over a predetermined time frame, most frequently a year.
Hence, option B is correct.
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Why would a tax reduction thought to be temporary not increase present consumption spending and aggregate demand as much as expected
A tax reduction thought to be temporary would not increase present consumption spending and aggregate demand as much as expected B. Because people are preparing for the expected higher tax rate in the future.
What is a tax reduction?A tax reduction is a government program or policy that enables individuals and businesses to reduce their tax burdens or resolve their tax-related payments.
A tax reduction reduces the total taxable income and the tax liability and payments.
Some tax reduction programs include allowing charitable donations and granting tax credits for children, etc.
Thus, a temporary tax reduction may not increase consumer spending and aggregate demand as expected because taxpayers still expect to pay higher taxes in the future.
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Question Completion with Answer Options:A. Because tax changes do not change consumption spending and aggregate demand
B. Because people are preparing for the expected higher tax rate in the future
C. Because people might be anticipating deeper tax cuts in the future
D. Because a change in taxation would influence investment, not consumption spending
If the real interest rate is 6 percent and the price level is falling by a rate of 3 percent, what is the nominal interest rate?
If the real interest rate is 6 percent and the price level is falling by a rate of 3 percent. The nominal interest rate is 6%.
What is the nominal interest rate?The interest rate before inflation adjustment (as opposed to the real interest rate); or the interest rate "as reported" without accounting for the full impact of compounding (also referred to as the nominal annual rate). If the frequency of compounding (for example, a month) differs from the fundamental time unit in which the nominal rate is expressed, the interest rate is said to be nominal (normally a year).What is interest?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period the loan, deposit, or borrowing took place.The interest rate over a year is known as the annual interest rate.Other interest rates are applicable over shorter time frames, such as a day or a month, but they are typically annualized.Learn more about interest rate here:
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