Professional lobbyists work on behalf of a group or person who hires them to try to influence legislation, regulations, or other government decisions, actions, or policies.
What is a lobbyist's primary goal? On behalf of a group or person who pays them, professional lobbyists work to influence legislation, regulations, or other governmental actions, decisions, or policies.Professional spokesman for their clients, lobbyists try to sway political outcomes on their clients' benefit.The promotion of new legislation or the amendment of current laws and regulations may result from this advocacy.The majority of the time, lobbying takes place in governmental settings where an individual or group attempts to sway policy through written or verbal communication.This could take the form of developing public policy, providing financing, or changing the legislation.To learn more about lobbyist refer
https://brainly.com/question/509906
#SPJ4
Lenci Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,170 units, but its actual level of activity was 5,120 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:
Data used in budgeting:
Actual results $50,405 Flexible budget [$42,000 + ($1.80 × 5,100)] 51,180 Spending variance $775. The variance is favourable because the actual expense was lower than the flexible budget (F).
A budget is in fact a plan for calculations, usually financial but not always for a set period of time, usually a year or a month. A budget could include predicted quantities of sales and revenue, resources (such as time, costs, as well as expenses), environmental impacts (like greenhouse gas emissions), both these impacts, assets, liabilities, as well as cash flows. Businesses, governments, families, and other organisations can express one‘s strategic plans of action through budgets in a quantifiable manner. A budget lists intended expenses as well as ideas for how to pay for them. When expenses outweigh income and other resources, a budget may show an excess of resources that can be put to use later or a deficit.
To learn more about budget from the given link :
https://brainly.com/question/15683430
#SPJ4
Brooks Company issues 10, $2,000 face value, 10% bonds at 102.5. The journal entry includes which of the following? a debit to Cash for $20,500
The journal entry to record the issuance of bonds will be debit to cash for $20,500, considering all factors given.
Calculation:
Face value of bonds = $2,000
Issue price = $102.5
No. of bonds issued = 10
Price at which bonds were issued = $2,000*10*102.5% = $20,500
In order to document a business transaction in the financial records of the company, a journal entry is employed. A journal entry is typically made in the general ledger, but it can also be made in a special account and subsequently carried toward the ledger accounts after being summarized. After then, its ledger is utilized to produce the business's financial statements.
Every business transaction should be recorded in at least two places, according to the reasoning behind a journal entry. For instance, when you make a cash sale, the income account as well as the cash account are both increased. Alternatively, if you purchase items on credit, this raises both payables and inventory accounts.
Learn more about journal entry here:
https://brainly.com/question/20421012
#SPJ4
The purpose of property insurance is to protect policyholders against losses to their ________________________ property due to catastrophe and calamity.
The purpose of property insurance is to protect policyholders against losses to their personal property due to catastrophe and calamity.
What is insurance?Insurance can be defined as the coverage that help to cover insurance policy holder incase of unforeseen or unexpected circumstance such as theft , fire ,accident among others,
One of the advantage of property insurance coverage is that it help to protects real as well as personal property from any form of unforeseen events such as theft, fire etc.
Therefore the word that complete the statement is personal.
Learn more about insurance here:https://brainly.com/question/25855858
#SPJ1
MATI Energy, the company profiled in the opening feature of Chapter 13, sells energy drinks based on guayusa, a Latin American plant. With respect to growth, ________ is the hallmark of MATI.
A) circumspection
B) aggression
C) self-imposed limitation
D) externally imposed limitation
E) tenacity
MATI Energy, the company profiled in the opening feature of Chapter 13, sells energy drinks based on guayusa, a Latin American plant. With respect to growth, E) tenacity is the hallmark of MATI.
In 1327 King Edward III of England granted a charter to the Worshipful Corporation of Goldsmiths (more usually called the Goldsmiths' corporation), marking the beginning of the business enterprise's formal life. This entity turned into situated in London at Goldsmiths' hall, from whence the English time period "hallmark" is derived.
Hallmark cards, Inc. is a non-public, own family-owned American enterprise primarily based in Kansas Metropolis, Missouri. founded in 1910 by using Joyce corridor, Hallmark is the oldest and largest manufacturer of greeting cards in the USA.
Learn more about hallmark here https://brainly.com/question/29416084
#SPJ4
based on the advantages and disadvantages of each of the following forms of businesses, give an example of a business that would be best suited to that particular form. be sure to explain why that is the best option for the particular business.
A corporation, a partnership, and a solo proprietorship are the three main types of business ownership. Each of these business organization types has benefits and drawbacks related to establishing the firm, paying taxes, and determining culpability for company obligations.
What is the sole proprietorship?
A sole proprietor is an individual who runs an unincorporated business by themselves.
You are not a sole proprietor, however, if you want to treat your domestic limited liability company (LLC) as a corporation and you are its sole member.
What distinguishes an LLC from a sole proprietor?
An LLC is distinct from its members, who act as its owners. Members are not personally liable for the obligations and liabilities of the company, nevertheless.
The LLC is accountable in its place. A sole proprietorship is a single person-owned, unincorporated company.
Learn more about sole proprietorship
brainly.com/question/1428023
#SPJ4
what is the most commonly employed monetary tool of all federal reserve board actions and is performed almost daily in an effort to control the money supply?
Open market operations are the most often employed monetary policy tool in the United States. When the central bank engages in open market operations to affect the amount of bank reserves and the level of interest rates, it sells or buys U.S.
Treasury bonds. The Fed's primary instrument is the fed funds rate, which is the most well-known. Amount market operations known as quantitative easing (QE) involve the buying of long-term bonds, which lowers long-term interest rates as a result. The Federal Reserve's preferred method for implementing monetary policy is open-market operations since they are simple to carry out. Interest rates increase when bond prices decrease.
To learn more about market, click here.
https://brainly.com/question/13414268
#SPJ4
what is not a variable in boundary conditions? underlying stock price at expiration exercise price time to maturity underlying stock price at time
Underlying stock price at expiration is not a variable in boundary conditions.
What is the variable in boundary conditions?
A boundary value problem in mathematics is a differential equation that also includes an additional set of restrictions known as boundary conditions. A differential equation solution that also fulfills the boundary conditions is a solution to a boundary value problem.
Determining input variable values at their minimum, just above minimum, just below minimum, nominal value, just below maximum, maximum, and just above maximum is the primary notion behind boundary value testing. Each variable in a programming language has a size, range, and data type. The "boundaries" of the variables are the places at which these ranges finish.
To know more about boundary conditions, refer:
https://brainly.com/question/24172773
#SPJ4
suppose the fed doubles the growth rate of the quantity of money in the economy. in the long run, the increase in money growth will change which of the following? check all that apply. the quantity of physical capital the size of the labor force the inflation rate the price level
Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change both the inflation rate (C) and the price level (D).
To understand this case, we will look further to the Quantity Theory of Money. The quantity theory of money states that an increase in the money supply will result in the same increase in inflation. This theory defines the relationship between money, output and prices that are related to inflation.
By increasing the quantity of money supply, the amount of money in an economy will raise and allows people to increase their nominal spending. Nominal spending is referred to a transaction activity carried out using money.
With more money provided, people would like to spend more and buy more products. However, the labor force and level of capital remain the same and make it impossible to provide more products as the market wants. Hence, people would be willing to buy the limited products with higher price.
This condition will push the market equilibrium into a new position with higher prices. In the long-run, this condition will lead into an inflation which resulted in a higher inflation rate for the economy.
Learn more about Quantity of Money here: https://brainly.com/question/17217981
#SPJ4
TRUE/FALSE. one portion of every job description usually specifies the experience and minimum level of education required of the person who will do the job.
True, Every job description typically includes a section that details the experience and minimum education a candidate must have in order to be considered for the position.
A job description is a practical document written in simple language that outlines the duties, responsibilities, tasks, and goals of a position. It describes who is responsible for performing a particular type of work, how that work is to be completed, how frequently that work is required, and how it relates to the mission and goals of the organization.
By beginning with an example job description, you can ensure that you don't forget any of the essential qualifications for a position and that new workers will have a clearer idea of their responsibilities.
To learn more about job description refer here:
https://brainly.com/question/12174315
#SPJ4
On april 1, 2022, aggie company borrowed $120,000 on a bank note for 7 months. The bank discounted the note at 4%. The entry to record the payment of this note on october 31, 2022 would include a?.
Answer:
8400$
Explanation:
please add me to brainliest please follow me to
For most commercial property types, lease lengths can vary considerably. Therefore, both parties must tradeoff between the advantages and disadvantages associated with particular leasing terms. Owners may prefer longer leases for all of the following reasons EXCEPT:
A. Delay of re-leasing costs
B. Reduction of risk associated with declining interest rates
C. Gain flexibility
D. Stability of future cash flowsC. Gain flexibility
Owners may prefer longer leases for the reason of Gain flexibility.
Lease.
Lease refers the agreement whereby the lessor conveys to the lessee in return for. a payment or series of payments the right to use an asset for an agreed period of time.
Given,
For most commercial property types, lease lengths can vary considerably. Therefore, both parties must tradeoff between the advantages and disadvantages associated with particular leasing terms.
Here we need to find the reason for the owners may prefer longer leases.
While we looking into the given question we have identified that, for the commercial property type, the length of lease must be vary.
So, in order to gain the flexibility, the owner prefers the long lease time.
To know more about lease here.
https://brainly.com/question/29216664
#SPJ4
baker net sales revenue $1,365,000 variable costs fixed costs operating income (loss) $190,000 units sold 130,000 contribution margin per unit $4.20 contribution margin ratio % carey 91,000 184,000 13,000 80 % doren $803,000 401,500 300,000 $73.00 %
Entity Baker Carey Doren Everest
Net sales 3150000 31.25 × 11000 1170000 95400 × 2
revenue = 343750 = 190800
Variable 3150000 × 80% 68750 819000 95400
costs = 2520000
Fixed cost 181200 240000 180000 19500
Operating 448800 35000 171000 75900
income
Unit sold 150000 11000 4500 95400/18
= 5300
Contribution 4.20 6.25 × 80/20 78 18
margin per unit = 25
Contribution 4.2/21 80% 78/260 50%
margin ratio = 20% = 30%
What is income?Income is the money that a person or organization earns in exchange for their labor or products. The definition of income may change depending on the circumstance, such as in revenue, financial accounting, or economic research.
Most people consider their total receipts—including wages and salaries, investment returns, pension payments, and other payments—to be their income. Income for businesses includes the proceeds from the sale of their products and services as well as any interest or dividends related to their cash and business reserves that they may have received.
To learn more about income from the given link
https://brainly.com/question/17961582
#SPJ4
According to Lewin and Schein's 3-stage model of organizational change, which of the following tasks would be found in the 'unfreezing' stage? a. Monitor progress against success criteria; b. Establish controls to ensure change is occurring; c. Establish processes and systems to institutionalize change; d. Assign leaders and implementation team
The task that would be found in the "unfreezing" stage, according to Lewin and Schein's 3-stage model of organizational change is, Assign leaders and implementation team. Correct answer: letter D.
This is because, Assigning leaders and implementation team is a task that would be necessary in order to unfreeze an organization from its current state.
What is Lewin and Schei's 3-stage model of organizational change?The three-stage model of organizational change was first proposed by Kurt Lewin in the 1940s and later expanded upon by Erik Schein. The model posits that organizational change occurs in three distinct phases:
In the unfreezing phase, individuals are made aware of the need for change and begin to let go of old ways of doing things. In the changing phase, new behaviors and ways of thinking are learned and adopted. In the refreezing phase, the new behaviors and ways of thinking become the new norm and are stabilized.Learn more about model of organizational change:
https://brainly.com/question/28099645
#SPJ4
if it takes a supplier four days to deliver an order once it has been placed and the standard deviation of daily demand is 10, which of the following is the standard deviation of usage during lead time?
Based on the information given the standard deviation of usage during lead time is 20.
Using this formula
Standard deviation=√Variances of lead time number of days of lead time
Let plug in the formula
Standard deviation=√4 days(10x10)
Standard deviation=√4 days(20)
Standard deviation= √400
Standard deviation=20
In conclusion, the standard deviation of usage during lead time is 20.
A Standard deviation (or σ) is a degree of ways dispersed the data is with regards to the mean. Low general deviation means records are clustered across the suggest, and high trendy deviation indicates information are greater spread out.
Learn more about standard deviation here:brainly.com/question/475676
TRUE/FALSE suppose a student who was participating in this study set a goal of getting an a in a class. for this student, midterm grades would providefeedback .
Consider a participant in this study who set the objective of receiving an A in a class. Midterm results for this student would be useful.
What do Mariano's study's findings demonstrate? The GPAs of students who get goal-setting instruction see an increase.Power sharing and the transfer of authority to subordinates within an organization are both examples of empowerment.Set a deadline for customers to place orders for each season's goods, and then provide them with daily updates on the amount of the upcoming season's goods that have been purchased.The two main parts of the equity theory are inputs and outcomes. These two aspects can affect a team member's motivation levels depending on how they see them.A person's perception of satisfaction with an activity might be diminished by external benefits. Increased long-term productivity is ensured by providing individuals with consistent rewards for desired workplace habits.Giving others the opportunity to grow and feel important to the organization through delegation of authority. By fostering a sense of shared responsibility, it also promotes job satisfaction and breaks up the monotony of a subordinate's typical tasks and routine.To lean more about Midterm results refer to
https://brainly.com/question/17762843
#SPJ4
you can save on life insurance by buying policies through fee-only financial planners and fee-for-service insurance agents who specialize in
Life insurance by buying policies through fee-only financial planners and brokers who operate on a fee-basis do, in fact, collect up front fees for their services as well as commissions on any trades they execute on a client’s behalf.
In fact, an advisor falls under this category if they receive income from any other source outside management fees.As the advisor may suggest stocks or investments where they stand to profit, even if it is not in the client’s best interest, there is a potential for a conflict of interest here.Financial planning advice that is the most objective can typically be found from fee-only planners.Financial planners that exclusively accept fees are registered investment advisors. They are required by law to operate in the interests of their clients.Because their income is not based on the sale of goods, they have fewer inherent conflicts of interest and may give their clients more thorough counsel.
To know more about Financial planners visit:
https://brainly.com/question/15078724
#SPJ4
How many people work for the US federal government?.
In the United States and abroad, our federal government employs more than 4 million Americans, including more than 2.1 million civilian workers.
How many employees work for federal government?Finding Work in Your Area / Federal Job Locations .Work abroad is done by more than 89,000 government employees.Military bases and U.S. embassies tend to have the majority of jobs abroad.Vermont has the fewest federal employees (3,831), whereas California has 149,146.In the United States, state and municipal governments employed about 18.28 million people in 2021.This is a significant increase above the 2.85 million federal employees that year, who made up the majority of the workforce.US Postal Service.The mail carrier is arguably the most well-known and common federal government employee.The Social Security Administration comes in a distant second with over 580,000 employees, trailing only the U.S. Postal Service in terms of employment.To learn more about US government employees refer
https://brainly.com/question/28390033
#SPJ4
when writing a presentation for clients and customers, you should primarily focus on influencing which two of the following groups? (choose every correct answer.)
when writing a presentation for clients and customers, there are two processes that primarily focused on influencing Key Decision Makers and Prospects for future Business.
What are Key Decision Makers and Prospects?
People within a company who has the authority to make strategic decisions such as acquisitions, expansion, or investment are known as decision-makers. Tactical, organizational, policy, operational, personal, programmed, and non-programmed decisions are all examples of decision-making. Financial and purchasing decisions about what to buy, at what price, and from whom are the most important types of decision-making in B2B sales. Such decision-makers are frequently the company's top buyers. On the other hand, A prospect is a person or business that satisfies a seller's requirements for a possible client. A prospect is essentially a potential client. A person decides on a set of requirements that specify the kind of individual who most closely fits the product or service and is trying to market based on the consumer profile for your firm.
Key Decisions Makers and Prospects
To know more about Key Decision Makers and Prospects check out:
https://brainly.com/question/29245045
#SPJ4
_____ are necessary to plan for facility expansion. Long-range forecasts Intermediate-range forecasts Make-to-order operations Make-to-stock operations
Long-range forecasts are necessary to plan for facility expansion. Long-range forecasts Intermediate-range forecasts Make-to-order operations Make-to-stock operations.
Long variety forecasts offer facts approximately predicted destiny atmospheric and oceanic conditions, averaged over durations of 1 to 3 months. Like the medium and prolonged ranges, the lengthy variety forecasts are produced through the IFS coupled ocean-environment model. Short-variety forecasts are predictions made among one and 7 days earlier than they happen. Medium-variety forecasts are generally given among one week and 4 weeks in advance. Long-variety forecasts are given among one month and an yr in advance.
Learn more about forecasts here:
https://brainly.com/question/21445581
#SPJ4
which type of consumer product is purchased infrequently and takes an extensive amount of time to make the purchase decision?
Purchase infrequently and takes an extensive amount of time to make the purchase.The word “speciality” should be substituted in its place. A customer wouldn’t accept a substitute for a specialised product.
Customers would actively seek out these products because of their distinctive features or the brand name itself. Consumer products are goods that satisfy the wants or needs of a consumer.There may be both affordable and useful as well as expensive and hardly purchased options.Consumer goods are finished things that are offered for sale to consumers.The qualities of products that a potential consumer may not initially want, such as very few purchases and limited distribution, make knowledge crucial. This category of consumer goods is unwelcome.Unwanted products are those that consumers do not know about or generally do not consider buying, and whose purchases are motivated by risk aversion or lack of desire.Reference books, encyclopaedias.
To know more about consumers product visit:
https://brainly.com/question/29385845
#SPJ4
at the beginning of year 1, copeland drugstore purchased a new computer system for $250,000. it is expected to have a five-year life and a $40,000 salvage value. required compute the depreciation for each of the five years, assuming that the company uses (1) straight-line depreciation. (2) double-declining-balance depreciation. record the purchase of the computer system and the depreciation expense for the first year under straight-line and double-declining-balance methods in a financial statements model.
The Depreciation Straight Line Expense is $ 42,000
What is Straight line depreciation?The simplest method for calculating depreciation over time is straight-line depreciation. This method deducts the same amount of depreciation from the value of an asset for each year of its useful life.Depreciation Cost - Salvage Value / Useful Life = Straight Line Method
Here,
Straight Line Method of Depreciation= ($250,000- $40,000)/5
Straight Line Method of Depreciation= 210,000/5= $42,000
Because it is straight line depreciation, the depreciation expense will be the same each year. It will remain unchanged and thus will be $42,000.
Straight Line Rate= 100%/ useful Life= 100%/5 = 20%
Double Declining Method = 2 * Straight Line Rate
Double Declining Method = 2 * Straight Line Rate= 2*20%= 40%
To learn more about Straight line depreciation refer to :
https://brainly.com/question/24279065
#SPJ4
his activity is important because it demonstrates an understanding of the three different retail distribution strategies.
The three retail distribution strategies are intensive distribution, selective distribution, and exclusive distribution that specify how manufacturers want their products distributed in the market.
What is a distribution strategy?A distribution strategy is a method of getting goods or services from manufacturers to end users. It involves a variety of parties depending on the type of retail distribution and other business elements such as business sizes and types.Distribution decisions must be made in accordance with a company's overall strategic vision and mission. Creating a consistent distribution strategy is a critical component of strategic planning. At the strategic level, there are three broad distribution approaches: mass, selective, and exclusive distribution. The number and type of intermediaries chosen are heavily influenced by the strategic approach. The distribution channel as a whole should add value to the consumer.To learn more about distribution strategies refer :
https://brainly.com/question/29312503
#SPJ4
frances mcclurg favors the roth ira over the traditional ira. what advantage does the roth provide over the traditional ira?
Frances McClurg favors the Roth IRA over the Traditional IRA. Frances has an advantage of the Roth IRA over the Traditional IRA as she can avoid income tax during withdrawal.
The Individual Retirement Account (IRA) is useful for self-employed people with no company retirement plan. They can save for their retirement as well as taxes. IRA has two types that are Roth IRA and Traditional IRA. Traditional IRAs are Federal and state tax-deductible which makes the distributions or withdrawals taxable during the time of retirement. It restricts and controls access to funds at the time of retirement.
Roth IRAs have conditions for eligibility in income as it is tax-free when people contribute to it. During the time of retirement, the withdrawal or distribution to the people availing Roth IRA is tax-free. Therefore, Frances has the benefit of tax-free withdrawal during retirement.
Learn more about IRA here https://brainly.com/question/3606162
#SPJ4
an economy is in long-run macroeconomic equilibrium with an unemployment rate equal to the natural rate of 5% when the government passes a law requiring the central bank to use monetary policy to lower the unemployment rate to 3% and keep it there. a. the central bank can achieve this goal in the short run by pursuing monetary policy. b. in the accompanying diagrams, shift the ad, lras, and/or sras curves and move the equilibrium point to its new position to illustrate the short-run and long-run changes when the central bank pursues this policy.
An economy is in long-run macroeconomic equilibrium with an unemployment rate equal to the natural rate of 5% when the government passes a law requiring the central bank to use monetary policy to lower the unemployment rate to 3% and keep it there.
The central bank can achieve this goal in the short run by pursuing open market operations monetary policy.
What is an open market operations monetary policy?An open market operations monetary policy refer to the situation whereby central banks buy or sell securities. The securities are purchased from or sold to the country's private banks. When the central bank purchases securities, it adds cash to the banks' reserves. This act affords them more money to lend. By extension, providing money that can be borrowed by the unemployed to start something and thereby making them self employed.
Therefore, the correct answer is as given above.
learn more about monetary policy: https://brainly.com/question/13926715
#SPJ1
what are two questions a firm should ask of itself as trade barriers fall and they develop global markets?
The two questions that a firm should ask of itself as trade barriers fall and they develop global markets are:
What is the threat to us as the barrier falls?What is the opportunity for us as the barrier increases?What are trade barriers?Trade barriers are limits on international trade imposed by the government. Trade barriers, according to the principle of comparative advantage, are harmful to the global economy and reduce overall economic efficiency.
Trade barriers can block free trade, benefit affluent nations, limit product variety, raise prices, reduce net income, reduce employment, and diminish economic production.
Subsidies, anti-dumping levies, regulatory barriers, and voluntary export limitations are the four major forms of trade obstacles. Trade barriers are frequently erected to safeguard domestic businesses and workers. This is known as protectionism. Tariffs, quotas, and embargoes, for example, make imported goods more expensive and scarce.
Learn more about Trade Barriers:
https://brainly.com/question/27863334
#SPJ1
TRUE/FALSE a company with fewer than 50 employees does not have to offer family leave, medical leave, or health insurance.
It is true that a company with fewer than fifty employees is not required to provide health insurance, family leave, or medical leave.
How important is the number of employees?
Yes. The number of employees you have often determines which laws apply to you as an employer. How you count employees is also important.
In Japan, how much does health insurance cost?
Workers on a full-time contract who work more than 30 hours per week have their health insurance taken out of their paychecks. It will amount to 9.15 percent of your salary when combined with your pension payment. A person earning 300,000 yen per month, for instance, will see a deduction of 27,450 yen.
Learn more about Health insurance here:
https://brainly.com/question/29042328
#SPJ4
a producer of organic tea creates a group to make purchase decisions that is made up of people from the purchasing department, senior management with financial knowledge, and salespeople
The Cutting costs is the main pressure that purchasing professionals feel from internal customers—especially senior management—when making purchasing decisions.
When someone inside or outside the company identifies a?The business market purchase decision process is triggered when someone inside or outside the company identifies a need. Although the Internet has reshaped the way businesses and consumers interact, it has not been successful in B2B customer interfacesWith a consumers' wants and resources (financial ability), they demand products and services with benefits that add up to the most value and satisfaction. The four types of value include: functional value, monetary value, social value, and psychological value.Based on the information given in the question, the purchasing manager is a buyer, influencer, gatekeeper, and decider.The gatekeeper is a person who blocks the way between an individual and the decision maker in an organisation. This can be seen as he looks through books with samples and specifications and then calls salespeople to make presentations to the production manager.The purchasing manager is also the decider as he makes the decision in the buying process for the organization. He's also the buyer and the influencer. Therefore, the correct option is All of the above.To learn more about purchase decisions refer to:
https://brainly.com/question/24249693
#SPJ4
a relatively small u.s. balance-of-trade deficit is commonly attributed to a strong demand for u.s. exports. what do you think is the underlying reason for the strong demand for u.s. exports?
Most often, a strong world economy or a weak dollar are blamed for the high demand for American exports.
What is world economy?The terms "world economy" and "global economy" are used to refer to the global economic system, which includes all economic activities that take place both within and between countries, including production, consumption, economic management, work in general, exchange of monetary values, and trade in goods and services. In some instances, the two phrases are distinct, with "international" or "global economy" being measured separately and distinguishable from national economies, whereas "world economy" is merely the sum of the measurements of the various countries. The definitions, representations, models, and assessments of the global economy vary greatly beyond the minimal requirement for value in production, consumption, and trade. It is inextricably linked to the topography and ecology of the planet.
To learn more about world economy, visit:
https://brainly.com/question/14969402
#SPJ4
postwar economic expansion in europe helps fund social programs and led to the creation of governmental models termed as the
Postwar economic expansion in Europe helped fund social programs and led to the creation of governmental models termed the welfare state.
The phrase "welfare state" describes a system of governance where the national government actively safeguards and advances the economic and social well-being of its constituents.
Equal opportunity, equitable wealth distribution, and public accountability for those unable to access even the most basic necessities of a good life are the foundational tenets of a welfare state. The welfare state is typified by programs like Social Security, federally required unemployment insurance plans, and payments to those who are unable to work.
To learn more about the welfare state, visit the link below:
brainly.com/question/8823106
#SPJ4
explain why a coffee bean producer would prefer to operate in an imperfectly competitive market rather than a perfectly competitive market
coffee bean producers would prefer to operate in an imperfectly competitive market because it reflects the real world more realistically. An imperfect labor market is the opposite of a perfectly competitive labor market.
A labor market with imperfect competition is considerably different from one with perfect competition. In a labor market that is completely competitive, there are numerous businesses that offer comparable or identical positions. Similar skills are shared by workers in this labor market. Firms pay their employees based on the equilibrium wage because they are wage takers.
There are numerous instances of labor markets that are flawed. These flaws are what lead to wage determination in the job market by either the employers or the employees. Let's focus on three of these flaws: monopolistic power, labor unions, and insufficient data.
Learn more about the imperfectly competitive market on
brainly.com/question/15143240
