Production possibilities: 1) the study of how best to allocate scarce resources among competing uses. 2) shows the relationship between price and quantity produced. 3) the alternative combinations of final goods and services that could be produced in a given time period with all available resources and technology. 4) plots the relationship between price and quantity consumed. save
Leon’s goal was to save $100 in a year, but he saved $120. What percent of his goal did he reach?
Answer:
120$
Explanation:
1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the concert tickets MOST LIKELY represent?
The invention and rapid diffusion of more productive agricultural techniques is called ________, that involves introduction of ________ and the expanded use of ________.
What was the purpose of the national bank according to hamilton?
Which action by the federal reserve would help to slow down rising inflation?
Policies that can be taken to overcome the problem of inflation are:
Fiscal policy Save Government Expenditures Increase Tax Rates Monetary policy Determination of Cash Inventory Policy Discount Policy Open Market Operations Policy Other Policies Increase Production & Increase Number of Goods in the Market Setting a Maximum Price for Several Types of GoodsFurther Explanation
Inflation is a state of the economy in a country where there is a tendency to increase prices of goods and services in general in a long time (continuous) due to the imbalance in the flow of money and goods. Inflation is an economic phenomenon that cannot be completely eliminated.
There are several factors that influence inflation. In general, the cause of inflation is due to an increase in demand and production costs. In detail, here are some of the causes of inflation:
Rising Demand (Demand-Pull Inflation)This can be caused by several factors, including:
Increased government spending Increased demand for goods to be exported Increased demand for goods for the private sector Increased Production Costs (Cost Pull Inflation)As for the increase in production costs caused by rising prices of raw materials, for example:
Fuel prices go up Labor costs are rising High Circulation of Money
The types of inflation can be divided based on 3 things, namely the severity, causes, and sources. Next, we look at the division in detail:
Based on the severity, inflation is divided into 4 namely: Mild Inflation Moderate Inflation Heavy inflation Very Heavy Inflation (Hyperinflation) Based on the cause, inflation can be divided into 3, namely: Demand-pull inflation, namely inflation that occurs because the demand for goods/services is higher than can be met by producers. Cost-push inflation, namely inflation that occurs due to an increase in production costs so that the price of goods supply rises. Bottleneck inflation, which is mixed inflation caused by supply or demand factors. Based on the source, inflation can be divided into 2, namely: Domestic inflation, namely inflation sourced from within the country. Imported inflation, namely inflation sourced from abroad.Learn More
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Details
Class: High School
Subject: Business
Keywords: Inflation, economic, policy
According to herzberg's theory, the first thing managers of employees who dislike their jobs should do is to
According to the theory of Herzberg’s, the first thing that managers of employees who dislike their jobs should do is to provide a reasonable explanation in terms of their job description, working conditions regarding of what they should and not do, make sure there is a presence of pay levels and there are policies to be implemented.
Kate and tom are dating. kate's car breaks down and she calls tom to come pick her up because she is stranded. if tom chooses to go and help kate, this is likely to
Increasing W-4 allowances will ________ the net pay in your paycheck and ______ your total tax burden.
Vivian owns an art supply store and traffic for her "painting" product group is increasing. to optimize the performance of her painting products, vivian should:
Honeybees perform a waggle dance to indicate the direction of
They perform a " waggle dance" to indicate the direction of the hive and also to tell them how to get to flowers- it's sort of like a map for them.....
Which idea is explicitly stated in the article "what a bad flu season could cost the us economy"?
The degree of a consumer's willingness to adopt new products and services shortly after they have been introduced is known as ________.
The degree of a consumer's willingness to adopt new products and services shortly after they have been introduced is known as consumer innovativeness.
What is Consumer?A consumer is referred to as an end user of any product. He is the person who utilized or consumes the goods. For example, when parents purchase baby food, they will be considered customers, not consumers the is a kid.
Consumer innovativeness describes how consumers respond to a particular product, which is the willingness to quickly adopt new goods and services after their introduction.
This describes the personality and behavioral approach an individual has toward a thing. It entails whether a consumer feels free to use new products or feels resistance to adopting a new change that has been introduced to them.
Learn more about consumer innovativeness, here:
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Which type of currency was not used in the united states during its early years?
The answer is: Greenbacks
Greenbacks is the slang or street name that is used to describe paper money that we currently use now. During its early years, most people in united states only acknowledge metals such as gold and silvers as a legitimate medium of payments.
Acme co. just completed the incorporation process and received its articles of incorporation from the state. at the first organizational meeting of the new company, the officers' most important task is to:
Which piece of information always appears on third party cards?
The question deals with information on the magnetic strip of third-party cards, where the cardholder's account number always appears. Additional data such as the cardholder's name and expiration date may also be present, and minimal necessary information sharing is urged for security.
Explanation:The question relates to the type of information that is typically encoded on a magnetic strip found on the back of third-party cards like credit cards and driver's licenses. These strips contain encoded information essential for the authentication and authorization processes when the card is swiped for transactions. The piece of information that always appears on these cards is the cardholder's account number. Additionally, the strip may also contain the cardholder's name, the card's expiration date, and a country code. Security measures are implemented to protect this sensitive data, including electromagnetic induction during the swiping process that reads the encoded information without direct contact.
It's important to only provide the minimum information required by any source when using your card and to be vigilant about how this information is collected, used, and who has access to it. Regular monitoring of your credit history is recommended to check for any red flags indicating potential identity theft.
Large fire departments with numerous companies have implemented the practice of staging a tactical reserve, called a:
The answer is rapid intervention team. Rapid intervention team/ dispatch/ crew (RIT/ RID/ RIC), otherwise known as firefighter assist and search team (FAST), is a squad of two or more firefighters devoted only to the search and rescue of other firefighters in anguish. FAST shall have no other operating job during an occurrence.
"the four asian tigers were the first countries in asia, after ____, to move from a status of developing countries to newly industrialized countries."
In order for team members to communicate effectively, they need the discipline to _______.
a. Listen to people they agree with
b. Speak only when spoken to
c. Speak to those who disagree
d. Listen first and speak second
Answer:
d. Listen first and speak second.
Explanation:
Which action is characteristic of voluntary simplicity?
a. learning to live with much less
b. working more to provide for more family wants
c. using products with greater environmental impact
d. adding more possessions that last longer
e. increasing adoption in underdeveloped societies?
Consumer reports found 68 percent of start-up financing for entrepreneurs comes from:
If your gross pay is $678 for the week, and you earned 11% on sales plus a salary of $345, what were your total sales?
Answer:
Total sales = $3,027.272727
= $3,027.28 (to 2 decimal places )
Explanation:
Gross Pay = $678
Salary = $345
Let total sales = x
Earnings on sales = 11% of sales = 11% of x
Gross pay = Salary + 11% of Sales
$678 = $345 + (11% of x)
$678 = $345 + 11x/100
$678 = $345 + 0.11x
Subtract $345 from both sides
$678 - $345 = $345 - $345+ 0.11x
$333 = 0.11x
Divide both sides by the coefficient of x (i.e. 0.11)
$333/0.1`1 = 0.11x/0.11
$3,027.272727 = x
x = $3,027.28 (to 2 decimal places )
ECONOMIC HELP!!!!!!!!
Which of these is MOST LIKELY a result of a high unemployment rate in the United States?
A)
increased revenues
B)
increased demand for consumer goods
C)
increased production of capital goods
D)
greater government expenditures for transfer payments
What are some of the barriers to good communication?
The transfer price that would leave a buying division no worse off if an input is purchased from an internal division is called _____.
An advertiser who works for a large company wants to make frequent specific changes to bids based on criteria
When a firm uses unit production, a _______ structure with a _____ managerial span of control is most appropriate?
Which incentives do interest groups engage in to overcome the free rider problem?
What qualifications are the officials of lilliput expected to have in order to hold high office?
Officials in high office historically were often expected to have a mix of qualifications, including aristocratic lineage, success in civil service examinations, local or national political influence, and sometimes merit demonstrated through academic or military achievements. Appointments could also happen through lotteries to combat corruption, and democratic processes require evidence of electoral support.
Explanation:The qualifications of officials expected to hold high office in various historical contexts often included a mix of meritocracy and aristocratic lineage. For example, during the Tang dynasty, connections to influential families or the imperial house were crucial. Successful civil service examinations could also lead to government positions, but they did not fully challenge aristocratic power. In the Han dynasty, local political power could lead to national political power, with recommendations by magistrates favoring men from prominent clans. Similarly, in Silla, routes to office included being part of elite groups like the 'Flower Youths' or demonstrating academic or martial prowess.
Despite these varied paths to power, corruption and patronage were common concerns, and some governments instituted systems to reduce such issues. For instance, some offices required appointments by lot, rotation of positions, and, in certain democracies, the demonstration of adequate electoral support by officials. Monarchies would often require proof of proper lineage to justify holding a position of power. However, in general, the most prestigious and common route into government was through examinations, yet as certain gentry families established themselves, examinations remained important for status, but the offices were often filled by individuals from these families.
when you're attending a college fair, the best way to make use of your time is to