A Representative sponsors a measure first. A committee is then asked to study the measure. The measure will be up for a vote, discussion, or amendment once the committee releases it. The measure will be forwarded to the Senate if it receives a simple majority vote (218 out of 435).
A bill must have the title, enacting clause, sections altering and repealing laws, and effective date. A measure must be approved by both houses of Congress in order for the President to consider it. Even though the two bills must have the exact same language, this rarely happens in practice. To synchronize the measures, a Conference Committee made up of representatives from both chambers is established.
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Life insurance proceeds paid to your heirs are not usually subject to state or federal income taxes.
a. true
b. false
You don't have to declare or include the life insurance benefits you get as the insured person's beneficiary after his or her death in your gross income. You must record any interest you earn as received because it is taxed.
What is life insurance?An agreement between an insurer and the owner of a policy on life insurance exists. A life insurance policy ensures that, in return for the insurance premiums by the policyholder throughout their lifetime, the insurer will pay a certain amount to designated beneficiaries whenever the insured passes away.
To enforce the terms of the contract, the life insurance application must fully reveal the insured's past, present, and high-risk actions.
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governments implement____trade policies that are designed to make it difficult for imports to enter a country. A. tariffs; B. subsidies; C. import quotas; D. voluntary export restraints; E. administrative policies
Governments implement administrative trade policies that are designed to make it difficult for imports to enter a country.
The collection of agreements, rules, and government policies affecting commerce with foreign nations is known as trade policy. Each country establishes its own norms for international trade, including its taxes, subsidies, and restrictions.
One of the main instruments a government may employ to implement protectionist policies is tariffs. Other weapons include import quotas, product standards, and subsidies.
Hence the correct option is E
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Which of the following is one reason that construction lenders typically prefer the cost approach to valuation over the income approach? (A) The cost approach provides a more conservative estimate of value (B) The cost approach provides a more optimistic estimate of value (C) The cost approach is a good indication of the expected value of an income-producing property once construction is complete and it has been leased-up (D) The cost approach is a better estimate of actual market value of the project a
Construction lenders typically favor the cost approach to valuation over the income approach because it provides a more conservative estimate of value.
The cost approach is a method for valuing real estate that predicts the price a buyer should pay for a piece of land should be equal to the price to construct an equivalent building. In the cost approach, the value of the cost approach property is determined by adding the cost of the land to ach to valuation over the income approach because it provides a more conservative the total cost of construction, less depreciation. When a property is new, it produces the most accurate market value when compared to other methods.
There are three different ways to value real estate, the other two being the similar approach and the income approach. The coast approach method evaluates real estate by estimating how much the structure conservative would cost today if it were completely destroyed and had to be rebuilt, as opposed to focusing on the prices other, comparable homes in the neighborhood are selling for or a property's capacity to generate cost approach revenue. It also takes into account the value of the land and takes into account any value loss (also known as depreciation) that may have occurred.
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When assets are purchased in a group for a single sum, it is referred to as aMultiple choice question.composite purchase.basket purchase.business consolidation.group asset divestiture.
When assets are purchased for a single sum it is known as a basket purchase
Sometimes businesses will buy a number of assets at once; this is known as a basket purchase. It is the purchase of several assets for a single cost, which is then divided among them according to their respective values. When a buyer gets the opportunity to purchase multiple assets for a price that is lower than the total of their individual market values, this type of acquisition often takes place.
The accountant normally records the cost of each asset separately in the fixed assets when many assets are acquired in this way. The appraiser or asset purchase or sale data obtained from a market for the same or similar assets may provide the fair value information necessary to calculate the breakdown of a basket buy.
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Suppose Grandpa Walton deposits his monthly pension check into his bank account. Used in this way, the pension is performing which of the following functions of money? Select one: O A. Store of value. O B. Standard of value. O C. Unit of account. O D. Standard of deferred payment. O E. Medium of exchange
Grandpa Walton's monthly pension check into his bank account is performing the function of A. Store of Value.
What are the different functions of money?
Standard of Value – The amount of money required to obtain a good or service is used to determine its worth. This makes the exchange a profitable endeavor for both parties.Store of Value – Saving money allows you to save some of your purchasing power for use in the future. Through saving, you can use your present income for both immediate and future consumption.The Standard of Deferred Payments – In both lending and borrowing, money is crucial. Money is borrowed and returned after a period of time.A medium of Exchange – The role of money as a middleman in a trade economy. It facilitates and streamlines the exchange system. The amount of money required to obtain a good or service is used to determine its worth. This makes the exchange a profitable endeavor for both parties.Unit of account - Money has the quality of being utilized as an accounting unit. The implication is that financial transactions and the worth of the products and services produced in a nation over time are both measured and recorded in terms of money.To know more about functions of money, check out:
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sally company sells 33,000 units at $43 per unit. variable costs are $30.96 per unit, and fixed costs are $214,600. determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.
The contribution margin ratio is 36% , the unit contribution margin 15%, and operating income is 110,500$.
What do fixed costs actually mean?Any increase or decrease in sales or production quantities has no impact on fixed costs, which are expenses that never change. Because they are not directly involved in the process of creating a good or rendering a service, this is the case.
Which recurring expenses come to mind?Fixed costs include things like rent or lease payments, salary, utility bills, insurance, and loan repayments. Some taxes, like business licenses, are also recurring expenses.
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if you receive $24,000 in annual rent on property that costs you $250,000, what is your rental yield on this property? group of answer choices 14.4 percent 4.8 percent 57.6 percent 9.6 percent
Collecting $24,000 annual rent from an asset that you bought for $250,000 means that your rental yield is 9.6%
Rental yield is defined as a return percentage from the rental income collected from an asset or property. It measures the percentage of income received from an asset or property divided by the value of the asset or property. Given that your annual rent income is $24,000 from the property that you purchased for $250,000 then your rental yield is calculated as follows:
Rental yield = income received from asset / value of the asset × 100%
Rental yield = $24,000/$250,000×100%
Rental yield = 9.6%
Therefore the rental yield is 9.6%
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on october 1, 2021, culver corp. issued $936,000, 8%, 10-year bonds at face value. the bonds were dated october 1, 2021, and pay interest annually on october 1. financial statements are prepared annually on december 31.
The balance sheet will be:
Current liabilities:
Bond Interest payable $18,720
Long-term liabilities:
8% Bonds Payable $936,000
Debit accounts receivable and credit billings on construction contract generally can be defined as the journal entry should be made to recognize accounts receivable for long-term construction projects. This journal entry is a "billings in excess of costs" or liability account.
I = P x r x T
Where,
P = Principal = $936,000
R = Rate of Interest = 8% = 0.08
T = Time = 10 years
Hence,
I = $936,000 x 0.08 x 10
I = $748,800
October to December is 3 months
Thus,
Interest payable for 2021 = $74,880 x 3/12 = $18,720
There is a missing part in the question. The complete question can be seen below:
On october 1, 2021, culver corp. issued $936,000, 8%, 10-year bonds at face value. the bonds were dated october 1, 2021, and pay interest annually on october 1. financial statements are prepared annually on december 31.
Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2021.
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the type of health insurance coverage that may specify the maximum payment amount for each type of operation is:
Surgical expense is the category of health insurance that has the potential to set a maximum payment threshold for various types of operations.
How do you define surgical insurance?Surgical expense insurance is a form of insurance plan that aids in paying for the costs associated with procedures. It defines precise sums that are accessible for particular surgical operations. The costs of surgery would be covered by a reliable health insurance plan. Expenses for indefinite hospital stays or surgical procedures are not covered.
The surgeon's fee for specific surgeries or medical procedures is covered by surgical expenditure insurance, typically up to a maximum for each type of treatment. Regular medical insurance policies cover the insured's costs for things like prescription drugs, home or office visits from doctors, and other medical expenses.
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which of the following is not a lot-sizing technique used in mrp systems?A. Lot-for-lotB. Economic order quantity (EOQ)C. Least Total Cost (LTC)D. Least Unit Cost (LUC)E. Two-bin System (TBS)
Least Total Cost (LTC) is not a lot-sizing technique used in mrp systems. Modifying the net requirement quantities is the process of lot size in material requirements planning.
What is lot-sizing technique ?Prior to the net requirement quantities being converted into planned order receipts and then planned order releases in an MRP system, the process of lot sizing or batching is used in material requirements planning.A lot sizing procedure called lot-for-lot produces exactly the number of orders that are required. Lot or run size is equivalent to the net requirements for that period, or demand for that time, in a materials requirement planning system.The interplay between the choice of lot-sizing guidelines and the choice of MPS freezing parameters under rolling time horizons and various demand uncertainty situations is investigated in this work. The results of this study enable MRP practitioners choose the best lot-sizing rule and MPS freezing parameters and improve knowledge of multilevel MRP performance in a more realistic context.To learn more about lot-sizing refer :
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student credit card deals are often your best choice because they typically offer a lower interest rate. true or false'
It is true that Student credit card deals are a good choice because they typically offer a lower interest rate.
What is a credit card?Credit cards can be regharded as the line of credit which can be used in making purchases, as well as balance transfers and/or cash advances .
It should be noted that with this card more funds can be paid and can help to pay back the loan amount in the future, however Student credit card deals casn be seen as one that is a good choice because they typically offer a lower interest rate compare to opther credit cards outside there.
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in the case the ugly side of beautiful nails, the nail salon industry violated which of these worker rights? multiple choice to privacy. to organize and bargain collectively. to due process on the job. to a safe and healthy workplace.
In the case the ugly side of beautiful nails, the nail salon industry violated the worker rights to a safe and healthy workplace.
What are worker rights?Labor rights, also known as workers' rights, are legal and human rights that pertain to labor relations between employees and employers. These rights are enshrined in domestic and international labor and employment legislation. In general, these rights have an impact on working conditions in employment relationships.
Several university studies and articles from reputable news outlets, such as the New York Times, have condemned the numerous violations of nail salon employees' worker's rights. The nail salon employees were not provided with a safe and healthy working environment.
Therefore, the worker right to a safe and healthy workplace is violated in the case the Ugly Side of Beautiful Nails.
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assume the initial value of an investment is $1,000 and the growth rate is 8%. using the rule of 70, how many years will it take for the initial value to double? please choose the correct answer from the following choices, and then select the submit answer button. answer choices 8 years about 8.75 years 875 years 1 year
14 years will it take for the initial value to double.
How do you calculate a 70% rule?The rule of 70 is a method for calculating how many years it will take for someone's investment or money to double. The rule of 70 is a computation used to estimate how many years it could take to double an investment at a certain rate of return.The time it will take for your investment to double is calculated by dividing your growth rate by 70. Divide 70 by three, for instance, if your mutual fund has a three percent growth rate. As a result, the doubling time is 23.33 years since 70 times three equals 23.33.The mathematics of compounding are what led to the rule of 70. According to mathematics, a sum that has increased by rate r after t periods is equal to the sum at the beginning multiplied by the exponential of the growth rate r times the number of periods t.Learn more about the rule of 70 refer to :
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which conflict management style should you select if you want to be highly assertive, maximize your own gains, and have minimal concern for others?
An accommodating style, is the type of conflict management style one should select if we want to be highly assertive, maximize your own gains, and have minimal concern for others.
What is an accommodating conflict?An sccommodation conflict is for a situations where you do not care as strongly about the issue as the other person, if prolonging the conflict is not worth your time or when you think you might be wrong. This option is best about keeping the peace, not putting in more effort than the issue is worth, and knowing when to pick battles.
Furthermore, an accommodating style does forsakes a person own needs or desires in exchange for those of others. One would be putting the concerns of others before your own and usually takes place when you simply give in or are persuaded to give in.
As well, this conflict style could be appropriate when others care more about the issue than you do, you want to keep the peace, you feel as though you are in the wrong, or you have no choice but to agree with the other person’s point-of-view.
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until recently, international trading of stocks was limited by group of answer choices transaction costs information costs. exchange rate risk. all of the above
Until recently, international trading of stocks was limited by transaction all of the above.
What are transaction costs?
In the context of market exchange, transaction costs are the expenses incurred. These expenses include the pricing research expenditures as well as the costs associated with creating and enforcing contracts.
A transaction cost is a cost incurred while engaging in any economic trade when participating in a market, according to economics and related sciences. The average price of a single transaction is known as cost per transaction. This is derived by dividing the whole transaction cost by the overall transaction volume.
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pina colada corporation makes a commercial-grade cooking griddle. the following information is available for pina colada corporation's anticipated annual volume of 25,900 units. per unit total direct materials $18 direct labor $8 variable manufacturing overhead $14 fixed manufacturing overhead $414,400 variable selling and administrative expenses $7 fixed selling and administrative expenses $51,800 the company uses a 40% markup percentage on total cost.
Here, the cost per unit may total $65 in total.
The amount of money spent by a business to produce one unit of the product it sells is known as the cost per unit, often known as the cost of goods sold or the cost of sales. This sum is disclosed by businesses in their financial statements.
Direct materials = $18
Direct labor = $8
Variable manufacturing overhead = $14
Fixed manufacturing overhead = $414,400/25,900
= $16
Variable selling and administrative expenses = $7
Fixed selling and administrative expenses = $51,800/25,900
= $2
Total cost per unit = Direct materials + Direct labor + Variable and fixed manufacturing overhead + Variable and fixed selling and administrative expenses
= 18 + 8 + 14 + 16 + 7 + 2
= $65
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in fine fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. therefore, the promotional budget is set at $200,000. questiontextin fine fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.in fine fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend.in fine fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.
A promotional budget is money set aside for advertising, marketing, and sales of a product or brand.
What is promotional budget?The budget for promoting a new or existing product will be determined by business analytics, market research, and the expected return on investment.There are four basic approaches to determining a company's promotional budget:
The affordable market: Fine Fettle's management reviews its promotion goals and creates a budget based on anticipated expenses.The percentage-of-sales approach: The Fine Fettle's evaluates the predicted sales volume for the turmeric bar and allocates a promotional budget of $150,000 to it.The competitive-parity method: The Fine Fettle examines its competitors' promotional spending and discovers that it ranges from $100,000 to $250,000 on average.Fine Fettle's management do its review by its revenues and expenses and allocates promotional spending based on what management believes it has to spend.To learn more about promotional budget refer to :
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which of the following classifications of property maintenance includes the day-to-day cleaning and upkeep required to maintain value and tenants?
Custodial maintenance is one of the types of property maintenance that comprises the routine cleaning and maintenance needed to keep a property's value and renters.
What are some examples of classification?You can categorize a set of objects based on a characteristic they share, such as berries or geometric forms. You could group apples into one category, bananas into the other, and on and on. Similar to this, triangles, polyhedral, and other geometric patterns can be categorized.
What are types and classification?As per similarities and differences, recognized species are divided into several groupings or taxa, which is the definition of classification. Phylogenetic classification, Spontaneous classification, and Manufactured classification are the three categories of categorization.
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jordan inc.'s charter states that there are 50,000 shares of stock authorized with a par value of $5 per share. this typically means that investors must pay a (minimum/maximum) of $5 per share to invest in the corporation.
Jordan Inc's shares are authorized at $5 par value and this typically means that investors must pay a minimum of $5 per share to invest in the corporation.
What is the par value of a share?The Par value of a share is the value of that share according to the corporate charter of a company. It shows what the company believes its shares to be worth based on its assets.
When a company first issues its shares, it is believed that the par value is the minimum that the company's stock should be valued at. This means that investors will need to invest a minimum of the $5 par value, if they are to invest in Jordan Inc.
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Generally, when preferences for a good rise, demand for the good rises. If a perfectly competitive market starts in long-run equilibrium, holding all else constant, this will result in a higher market price, which will lead to in the industry and the market. This causes price to None of these 3 possible answers listed here are correct. economic losses; attracts new firms into; fall economic losses: causes some firms to leave; rise further O positive economic profits, causes some firms to leave; rise further
Which will lead to positive economic profit in the industry and cause some firms to leave the market. This causes the price to rise further.
A positive economic profit, therefore, indicates that the company is earning more than the competition standard. Context Financial profit is not the same as book profit. In accounting terms, profit is simply the excess of revenue over the explicit costs of generating it.
A firm produces a positive economic profit when the market price is greater than the average total cost of the firm, and a negative economic profit when the market price is less than the average total cost of the firm. Companies enter the industry when they expect economic benefits. These short-term gains are enough to drive entry. An economic profit of zero means a normal long-term return on the business owner's factors of production including labor and capital.
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an automobile whose speed is increasing at a rate of 0.800 m/s2 travels along a circular road of radius 10.0 m. (a) when the instantaneous speed of the automobile is 6.00 m/s, find the tangential acceleration component. magnitude
The instantaneous speed of the automobile is 6.00 m/s, find the tangential acceleration component is 0.800 ms⁻²
Acceleration:
Acceleration refers the object is said to be accelerated if there is a change in its velocity.
Given,
An automobile whose speed is increasing at a rate of 0.800 m/s2 travels along a circular road of radius 10.0 m.
Here we need to find the instantaneous speed of the automobile is 6.00 m/s, find the tangential acceleration component.
Here we know that, the tangential acceleration component of the car is simply equal to the change of the tangential speed divided by the time taken is written as,
at = Δv / Δt
and this rate of change is already given by the problem, 0.800 m/s^2, so the tangential acceleration of the car is 0.800 ms⁻²
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What are the 5 factors that affect price?.
The five main factors that affect the price are:-
Cost of production, the utility and demand, the extent of competition in the market, government and legal regulations and pricing objectives. These are the particulars of pricing methods justified in the business world.
Pricing is the act of establishing a value for a product or service. In other words, pricing occurs when a business decides how much a customer must pay for a product or service. The cost of production is the main component of price. No company can sell its product or services at less than the cost of production. An intensive study of the demand for products and services in the market be undertaken before the price fixation.
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isolating relevant costs is desirable because blank . multiple select question. managers prefer to see all costs and benefits associated with a decision all information needed for the total cost approach is rarely available critical information may be overlooked with the total cost approach irrelevant costs may be used incorrectly in the analysis
Isolating relevant costs is desirable because of the following:
B. all information needed for the total cost approach is rarely available.
C. critical information may be overlooked with the total cost approach.
D. irrelevant costs may be used incorrectly in the analysis.
Who is a manager?A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization, especially by being morally upright, well behaved, friendly, managing costs, and promoting the business's vison, culture, and values at all times.
As a general rule, the two (2) main goals that an operations manager must keep in mind include the following:
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By coordinating the efforts of supply chain participants, firms that engage in supply chain management are reaching beyond the limits of their own organization's hierarchical structure and creating a new network form of organization among the members of the supply chain.
true
The statement above is true. It is because if the participants in the firms communicate and give an effort for supply chain management, it will make a new relationship and network for a better firms,
In business and economics, Supply chain management generally can be defined as the management of the flow of services and goods and includes all processes that transform raw materials into final products. Supplly chain management also can be defined as the network of all the activities individuals, organizations, resources, and technology involved in the sale of a product and also creation.
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a contractor intends to bid on a job installing 30 airport security systems. because this will be a new line of work for the contractor, he believes there will be a learning effect for the job. after reviewing time records from a similar type of activity, the contractor is convinced that an 85 percent curve is appropriate. he estimates that the first job will take his crew eight days to install. how many days should the contractor budget for a. the first 10 installations? (do not round intermediate calculations. round your final answer to 3 decimal places.) number of days b. the second 10 installations? (do not round intermediate calculations. round your final answer to 3 decimal places.) number of days c. the final 10 installations? (do not round intermediate calculations. round your final answer to 3 decimal places.) number of days
42.888 days should the contractor budget for a. the first 10 installation.
a) First 10 installations -
Time for first 10 installations = T1 x T.F.(Total time)10
Now T1= 8 days
T.F.(Total time)10 = 7.116
Time for first 10 installations = 8 x 7.116 = 56.928 days
a) Second 10 installations -
similarly Time for second 10 installations = T1 X ( T.F.(Total time)20 - T.F.(Total time)10) = 8 (12.402-7.116) = 42.888 days
A production price range is an estimate of the cash required to take a production challenge from initiation to closure, together with all related expenses and prices which can be amassed all through the constructing process.
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What kind of person is a risk taker?.
Risk takers are inclined to play while the stakes are high. They understand that what they may doubtlessly earn from their investments ought to alternate their lives.
The required details for investments in given paragraph
An funding is an asset or object received with the aim of producing profits or appreciation. Appreciation refers to an growth within side the cost of an asset over time. When an person purchases an amazing as an funding, the purpose isn't always to eat the best however alternatively to apply it within side the destiny to create wealth. An funding usually worries the outlay of a few useful resource nowadays—time, effort, money, or an asset—in hopes of a more payoff within side the destiny than what become at first positioned in. For example, an investor can also additionally buy a economic asset now with the concept that the asset will offer profits within side the destiny or will later be offered at a better price for a profit. An funding entails placing capital to apply nowadays so that it will growth its cost over time.
An funding calls for placing capital to work, within side the shape of time, money, effort, etc., in hopes of a more payoff within side the destiny than what become at first positioned in. An funding can confer with any medium or mechanism used for producing destiny profits, which include bonds, stocks, actual property property, or opportunity investments.
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suppose the fed sells $25,000 in bonds to luna corporation. luna pays for the bonds with a check drawn on fifth third bank, which the fed deposits. which of the following happen when fifth third bank pays the check?
The reserves held by Fifth Third Bank at the Fed have grown by $25,000, and the reserves held by all banks have increased by $25,000 as well.
What happens to the money supply when government sells bonds?When the Fed purchases bonds on the open market, it expands the amount of money available to the general public by exchanging the bonds for cash. In contrast, if the Fed sells bonds, it reduces the money supply because it takes money out of circulation in return for bonds.
Price stability and full employment, the Federal Reserve's two legally mandated goals, are necessary to ensure a healthy and expanding economy in the United States. In the past, the Fed has achieved this via modifying reserve requirements, conducting open market operations (OMO), and influencing short-term interest rates.
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The farmer wants to install a well to supply water for crop irrigation. Where should the well be installed to ensure that the contaminant plume never reverses direction and intersects the home water supply well?.
Groundwater from wells, surface water, emptying ponds, rainwater, and municipal water area unit is the most source of crop irrigation water.
By victimization varied tubes, containment pumps, and spraying systems, water is unnaturally applied to the soil throughout irrigation. In locations wherever downfall is erratic, their area unit frequent dry spells, or drought is foretold, irrigation is usually used. Irrigation systems are available in a range of shapes and sizes, and they all offer water to the whole space in excellent distribution.
Drinking or getting ready meals victimization irrigation water isn't suggested as a result of it's not thought-about to be safe to consume. An irrigation well is made to preserve the water beneath, and a good contractor can install it so it's a particular distance from any existing septic systems.
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which of the following focuses on five core job characteristics that affect the psychological states of an employee, which in turn affect work outcomes? multiple choice question.
The job Characteristics model focuses on five core job characteristics that affect the psychological state of an employee, which in turn affects work outcomes.
The job characteristics model uses job design to make jobs better. Jobs are broken down into specific tasks, and employees receive the authority to carry out those tasks. This autonomy gives employees more control over their work environment and increases their job satisfaction. The job characteristics model helps make the jobs at your organization more varied, challenging, and motivating. An engaged workforce is happier and more productive but keeping employees happy and engaged is something that HR practitioners and managers struggle with. This is where the job characteristics model comes in.
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Which of the following is the simplest form of production?
(a) Subsistence
(b) Domestic consumption
(c) Surplus and export
(d) Cottage industry
The following is the simplest form of production Cottage industry. Thus, option (D) is correct.
What is the industry?An industry is a group of productive firms or organizations that manufacture or offer goods, services, or income sources. In economics, industries are divided into four categories: primary, secondary, tertiary, and quaternary; secondary industries are further divided into heavy and light industries.
Locally made handicrafts and textiles, which continue to be the foundation of many rural economies worldwide, are an example of a cottage industry. The work for such a setup for production is typically provided by members of the household and locally procured materials.
Therefore, Thus, option (D) is correct.
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