Compare the roles of the United Nations, the World Bank, the European Union, the World Trade Organization, and non-governmental organizations. If you could gain the support of just one of these institutions for a policy you favored, which would you choose

Answer: Principles-based standards set uniform goals for the application of accounting standards

Explanation:

Rule based standards are quite rigid and as a result, set specific goals when it comes to the application of accounting standards. This is in contrast to Principles based standards that set more uniform or general goals that should be met.

This is why IFRS is preferred by most nations in the world as opposed to U.S. GAAP. IFRS gives principle based standards which allow leeway unlike U.S. GAAP which is rules based and gives little leeway in application.

Answer:

c. taking land to build an airport.

Explanation:

While the other options (a, b, and d) are examples of trade restrictions, the act of taking land to build an airport is not directly related to trade restrictions. It is more related to the acquisition of land for public infrastructure development, which may involve eminent domain or other legal processes.

Answer: C. 40.4%

Explanation:

To find the rate of change in production, we can use the following formula:

Rate of change = (New value - Old value) / Old value * 100

Where,

Old value = Production of last month = 900

New value = Production of this month = 1264

Substituting the values in the formula,

Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%

Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!

Answer:

The correct answer is C.

Explanation:

The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%

Walmart is using a positioning strategy to separate itself from its competitors by meeting a customer need.

The positioning of the market is a strategic practice used to identify a brand or product in the market by a company. It is a strategy used to distinguish a firm's product.

The positioning strategy can help communicate the firm’s or the product’s value proposition, which communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it.

Hence, Walmart is using a positioning strategy to separate itself from its competitors by meeting a customer need.

Learn more about positioning here : https://brainly.com/question/14976421

Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.

A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.

Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.

They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.

Learn more about business challenges here:

https://brainly.com/question/30820313

#SPJ1

1. Globalization places pressure on nations to reduce tariffs, subsidies and other barriers to free trade. As a result, Globalization promotes economic growth, creates jobs, makes companies more competitive and lowers prices for consumers. Globalization increases technological development by allowing countries to gain easier access to foreign knowledge. Globalization also enhances international competition.

2. The worldwide prosperity of the 1920s ended abruptly with the stock market crash in October 1929 and the great economic depression that followed. The inflation of the money supply during this period led to an unsustainable inceease in both asset prices and capital goods.

3. Differences in Technology: Advantageous trade can happen amongst nations if the countries differ in their technological abilities to produce goods and services. For example conversion of resources to outputs

ii. Differences in Resource Endowments: Advantageous trade can happen between nations if the nations differ in their endowments of resources. For example, presence of certain resources in one country and its absence in another.

iii. Differences in Demand: Advantageous trade can happen among countries if demands or preferences differ between countries. Individuals in different countries can prefer or demand for different products. For example, the Chinese are likely to demand more rice than Americans, even if consumers face the same price.

4. Tariffs are described as levies that a government places on imports entering a country, its impact is that it may increase the price of a commodity.

An import quota infers the numerical limit set to deduce the quantity of a commodity that can be imported into a country.

Tariffs and quotas are established to react to international trade and its effects.

5. The impact of the appreciation and depreciation of dollars is that it will reduce inflation in the US and vice versa in their partners. That is, if dollars appreciate, in the US, inflation is reduce and inflation is increased in that of their partners but when dollars depreciate, inflation occurs in the US and not in their partners .

6a. The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning the remnants of the system in 1973.

b. The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.

The Bretton Woods System demanded a currency peg to the U.S. dollar which was in turn pegged to the price of gold. The Bretton Woods System ended in the 1970s but created a lasting influence on international currency exchange and trade through its development of the IMF and World Bank.

Therefore, the correct answers are as given above

learn more about globalization: https://brainly.com/question/1133228

#SPJ1

Answer:

getting a free beer

Explanation:

According to Paula Scher how was the 2001 palm beach ballot impacted by design by combining the emotional or psychological parts of the typeface along with contextual elements.

The famous Paula Scher who is known to be a Graphic Designer says that a person need to be in the “state of play” to be able to make any kind of design.

She was said to have emphasizes on the fact by telling that the design is better when it is said to be  combining an emotional or psychological areas of the typeface and also that of contextual elements to make a great message tool.

Hence, According to Paula Scher how was the 2001 palm beach ballot impacted by design by combining the emotional or psychological parts of the typeface along with contextual elements.

Learn more about palm beach ballot   from

https://brainly.com/question/12634503

#SPJ1

a) It is False. The correct maxim is that there are no unexploited economic opportunities when the market is in long-run equilibrium.

b) It is FALSE. Firms in long-run equilibrium have to make an accounting profit in order to cover the opportunity cost of resources supplied by their owners.

c) This is TRUE. Firms that can develop cost-cutting technologies can generate short-term economic profit. These companies can make money until other companies implement their inventions. The industry supply curve will move downward as the innovations proliferate, causing the market price of the item to decline and undermining the short-term economic profit.

The opportunity cost of a certain activity in microeconomic theory is the value or gain given up by engaging in that activity in comparison to engaging in an alternative activity.

Simply put, if you choose one activity, you forfeit the potential to choose another.

Learn more about opportunity cost:
https://brainly.com/question/13036997
#SPJ1

Answer:

organising and staffing

Explanation:

Answer:

Organizing and staffing

Explanation:

Plato/Edmentum

If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:

A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.

I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:

Learn more about human resource professional from
https://brainly.com/question/25285529

#SPJ1

Profile 1: A person  who would gain from opening a credit card account.

Profile 2: Person who should not open a credit card account.

Profile 3: A person who could go either way on if opening a credit card account is a good idea right now or not.

Profile 1: Financial Situation: No credit history due to recent employment. Managing expenses well and building credit score is her goal. She'll use a credit card responsibly to build credit. Emily is financially stable and dependable with payments.

Profile 2:  Financial Situation: Past financial struggles. He has a history of financial problems. Don't open a credit card account now to avoid overspending. John should prioritize improving his financial habits, reducing debt, and establishing a stable foundation before getting a credit card.

Profile 3: Financial Situation: Stable job with consistent income. She has credit cards but struggles with balances. She needs to evaluate her spending habits and develop better financial discipline while acknowledging the benefits of a credit card. If Sarah can plan to pay off debt and control credit card use, opening an account is an option.

Learn more about   Credit Applicant Profiles from

https://brainly.com/question/30427761

#SPJ1

Answer: both a and b

Explanation:

If this person wants more money for rent, they could consider adjusting their deductions for housing-related expenses, such as mortgage interest.

One specific deduction they could change is the deduction for mortgage interest. By increasing their mortgage interest deduction, they could potentially lower their taxable income and reduce their overall tax liability. This would result in more disposable income that could be allocated towards rent.

The mortgage interest deduction allows taxpayers to deduct the interest paid on their mortgage loans. By increasing the amount of mortgage interest they can deduct, the person can potentially lower their taxable income and decrease the amount of taxes owed. This would free up more money that could be used to cover the cost of rent.

It's important to note that individual circumstances and tax laws vary, so it is advisable for this person to consult with a tax professional or accountant to fully understand their options and ensure compliance with tax regulations.

For more questions on mortgage interest

https://brainly.com/question/28239154

#SPJ8

Answer:

Make sure you don't copy and paste. Have a good day!!!

Explanation:

1. Customers

Find and keep your own customers – you have to be able to solve their real problems & sell yourself effectively.

Too many businesses rely on ‘being in the supply chain’, have too few major customers and do not invest personal time and effort in developing and maintaining customer relations – remember, ‘people buy people’.

Check their credit rating and monitor their speed of payment.

You have not made a sale until they’ve paid the bill. Some customers have bad habits over slow payment; some are big enough to know better. Some will go under before they pay – avoid them.

2. Risks

Assess risks & their potential impact – e.g. customer or supplier closure

Develop contingency plans to mitigate risks

We live in a risky business environment. Don’t assume everything will be OK – look at the potential risks, pitfalls and liabilities for your business and at how you can reduce the biggest risks or anticipate how you will respond if the worst happens.

3. Opportunities

Look for ways to create new value  – e.g. new pricing, products & offers to stimulate demand

It often takes longer and costs more than you think to innovate or do anything new.

Use the technology – social media, tablet computing and smartphones are constantly changing the ways we can do business

There are always new opportunities and growing confidence in the economy accelerates these. Many of the most attractive are not in the UK but are international.

Innovation and new approaches can open up promising opportunities but experience tells us that when doing anything new often costs more and takes longer to implement than you first expect, so be prepared to increase your investment of time and money for those new ideas. That means doing your research to find out just how attractive an opportunity it is in the first place.

4. Money in – manage cash and break even

Forecast and monitor your cash flow very closely

Aim to maintain/increase profit margins rather than just increasing sales turnover (bottom line not top line)

Monitor breakeven on the business, customers, products, staff.

Beware of ‘buying’ work at cut-throat margins. Profitable businesses can fail because they run out of money, often suffering from slow payment and lack of credit. Aim to be cash-positive and you will sleep better at night. Break-even is the point at which the business, a person or a contract starts making a profit and is always an important measure.

5. Money out – manage costs and debt

Keep your fixed costs down: avoid costs which are not essential.

Aim to grow sales on a variable cost basis – borrow, rent or lease assets but don’t buy things or hire people you don’t need.

Keep in contact with creditors & lenders to avoid nasty surprises.

Businesses can be wasteful; you don’t need to be. Invest your money only in assets and projects which will provide a strong return. The worst time to ask a lender for more money is when you really need it. Up to date management accounts are essential and you must read them to monitor the health of the business.

6. People

Optimism – positive, realistic leadership with open communications

Set & monitor clear & realistic targets – sales, costs, project completion, debt etc.

Move unproductive people & customers out of the business.

At the end of the day it’s all about how you manage relationships with people. You can tell a lot about a business from the quality of interactions between its managers, employees, customers and suppliers.

Answer:

Explanation:

No business can survive for a significant amount of time without making a profit, though measuring a company's profitability, both current and future. Without sufficient capital or the financial resources used to sustain and run a company, business failure is imminent.

Answer:

C. $63,500

Explanation:

With regards to the above, information, the amount of cash dividends paid that should be recorded is computed as;

= Cash dividends payable at the beginning of the year + Cash dividends declared for the year - Cash dividends payable at the end of the year

= $15,000 + $67,000 - $18,500

= $63,500

Therefore, cash dividends paid that should be recorded in the financing section of the statement of cash flow is $63,500

Answer:

In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to produce is determined consumers, how to produce is determined by producers, and who gets the products depends upon the purchasing power of consumers

The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.

Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.

As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.

Learn more about lieutenant, here:

https://brainly.com/question/30148992

#SPJ1

Answer: There are multiple negative impacts on a business from the above-mentioned factors and the effects are as follows:

Explanation:

Lack of Information: In business, a lack of information can have several negative impacts. It can lead to poor decision-making, as important data and insights may be missing. Without accurate and timely information, businesses may struggle to understand market trends, customer preferences, or competitors' strategies, making it difficult to stay competitive. Additionally, inadequate information sharing within an organization can hinder effective coordination and collaboration among teams, leading to inefficiencies and reduced productivity.

Price Discrimination: Price discrimination refers to the practice of charging different prices to different customers for the same product or service. While price discrimination can sometimes be a legitimate business strategy, it can have negative impacts. It may create customer dissatisfaction and erode trust if customers perceive that they are being unfairly charged based on factors such as their income, demographics, or other characteristics. Price discrimination can also lead to market distortions and inequitable access to goods or services, potentially harming smaller businesses or disadvantaging certain customer segments.

Physical Capital: Physical capital refers to the tangible assets, such as buildings, machinery, equipment, and infrastructure, that businesses utilize in their operations. The negative impact of inadequate or insufficient physical capital is that it can limit a business's capacity to produce goods or services efficiently. Insufficient capital can lead to production bottlenecks, increased downtime, reduced productivity, and higher maintenance costs. It may also hinder innovation and hinder a company's ability to adapt to changing market demands, putting them at a competitive disadvantage.

Structural Changes: Structural changes refer to significant shifts or transformations in the business environment, such as changes in market conditions, industry dynamics, technological advancements, or regulatory frameworks. These changes can have negative impacts on businesses if they are unprepared or unable to adapt. Failure to recognize and respond to structural changes can lead to a loss of market share, declining revenues, or even business failure. Businesses need to proactively monitor and analyze market trends, engage in strategic planning, and embrace flexibility to mitigate the negative impacts of structural changes and seize new opportunities that arise.

Read more about business,

https://brainly.in/question/4075201

Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:

Human/Resource Management

1.1 Staffing Plan

1.1.1 Define project roles and responsibilities

1.1.2 Identify required staffing resources

1.1.3 Determine the project team structure

1.1.4 Develop a staffing plan and budget

1.2 Recruitment and Selection

1.2.1 Create job descriptions and specifications

1.2.2 Advertise and promote job openings

1.2.3 Review resumes and conduct initial screenings

1.2.4 Conduct interviews and select candidates

1.2.5 Perform background checks and reference checks

1.2.6 Extend job offers and negotiate terms

1.3 Training and Development

1.3.1 Assess training needs for project team members

1.3.2 Develop a training plan and schedule

1.3.3 Conduct training sessions and workshops

1.3.4 Provide on-the-job training and mentoring

1.3.5 Evaluate training effectiveness and adjust as needed

1.4 Performance Management

1.4.1 Set performance expectations and goals

1.4.2 Monitor and assess individual and team performance

1.4.3 Provide feedback and coaching to improve performance

1.4.4 Conduct performance appraisals and evaluations

1.4.5 Identify and address performance issues or conflicts

1.5 Resource Allocation

1.5.1 Identify project resource requirements

1.5.2 Allocate resources based on project needs

1.5.3 Monitor resource utilization and availability

1.5.4 Optimize resource allocation to meet project objectives

1.6 Stakeholder Management

1.6.1 Identify project stakeholders and their interests

1.6.2 Develop a stakeholder engagement plan

1.6.3 Communicate and manage stakeholder expectations

1.6.4 Address stakeholder concerns and resolve conflicts

1.6.5 Maintain positive relationships with stakeholders

Read more on Human resource management here: https://brainly.com/question/14419086

#SPJ1

Answer:

In the last 30 years, national economies have shifted towards decreasing trade barriers, and the world is becoming global economic space.  Economic turbulence, especially in one of the major economies like the US, Europe, and China, tends to have ripple effects on other world economies.  For example, the subprime housing crisis in 2008, which upturned the US economy, reached global proportions with the economic and financial meltdowns  that were felt globally.

The new emergence in the economic system suggests that national boundaries are shrinking, and economies are becoming integrated and interdependent.  In the last 30 years, China emerged as a global economic superpower, challenging the dominance of the US and European economies.

For businesses based in the United Kingdom, they have wider opportunities and better playing grounds.  They can look beyond Europe and the US for investment and business opportunities.  China, especially Hong Kong, is becoming an investment haven.  Even other developing countries like Brazil, South Africa, and Dubai are becoming more attractive with increased consumer spending.

Secondly, the United Kingdom will continue to be the center of attraction for some Asian firms that will use London as a launching pad for their European businesses.  This also poses some threats, just as it generates opportunities for global expansion of UK-based businesses.

Explanation:

Globalization has caused the world economies to merge and become a global economy.  However, in the last four years, China seems to be recoiling to its shelves with the coming on board of the Trump Administration, which had exposed China's behind-the-door fiscal and monetary policies.  This started when the administration labeled China as a currency manipulator.  China is becoming alienated from the US and having its reputation tarnished internationally.  The earlier prediction that China would emerge as the dominant superpower economy in 2010 was not wholly realized.  China is re-strategizing by concentrating its investments in Asia, Africa, Latin America, and some parts of Europe.

Seedi started a business to repair computers. The journal entry for this transaction is:

Invested so.sh. 5,000 as the capital:

Obtained a bank loan of so.sh. 2,000:

Deposited so.sh. 100 in a fixed deposit account:

The term journal entry was the first part of the Financial statement. The journal entry was the based on the debit and the credit record in the book entry. The Journal was the pro forma of the statement.

Earned a cash income so.sh.so.sh. 600 from computer repairs:

Paid so.sh. 100 as the monthly rent of the business:

Geedi withdrew so.sh. 200 from the business for her private use:

Purchased equipment at so.sh. 100. 08. Paid so.sh. 500 of the telephone bill of the month:

Geedi invested an additional capital of so.sh. 500 10.:

Paid so.sh. 200 of the bank loan hove transactions to the accounting​:

As a result, the significance of the journal entry for this transaction is the aforementioned.

Learn more about on journal entry, here:

https://brainly.com/question/20421012

#SPJ1

Based on the information provided, the things which you should do include:

C. Never process transactions over the phone. Write down the caller ID information (if you have it). After you hang up, tell a management team member so they can submit a Money Product Alert form to the AML Compliance Department.

D. In an effort to encourage trust between CVS Health and our customers, see if you can locate the customer in the store to verify the claim and situation.

Information security can be defined as a preventive practice which is typically used to protect an information system (IS) that use, store or transmit information, from potential theft, attack, damage, or unauthorized access, especially through the use of a body of technologies, encryption, frameworks, processes and network engineers.

In Cybersecurity, there are three (3) different types of security control and these include the following:

As a preventive measure to cybercrimes, it is very important for customers and service providers to avoid processing financial transactions over the phone or requesting personally identifiable information (PII).

Read more on information security and cybercrimes here: https://brainly.com/question/28164842

#SPJ1

Complete Question:

An agent from MoneyGram calls asking for your help. He claims a CVS Health colleague processed a transaction was incomplete. A customer paid for a wire transfer of $500 but only $300 was sent. He would like you to send the additional $200 and provides you with the information.

What should you do? (Select All That Apply)

A. Ask for the origination information so you can verify it and send the additional $200.

B. Earning trust with our customers and the community is important. You should take down the information and send the $200 to the recipient as instructed.

C. Never process transactions over the phone. Write down the caller ID information (if you have it). After you hang up, tell a management team member so they can submit a Money Product Alert form to the AML Compliance Department.

D. In an effort to encourage trust between CVS Health and our customers, see if you can locate the customer in the store to verify the claim and situation.

Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do  think that Boeing's most recent decision to rethink its outsourcing strategy is correct.

The reason for the outsource is so that they can lower the  costs and and the time spent on development.

Note that  Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.

Note that The implementation of this was said to have led to a substantial increase  in outsourcing.

Hence,  Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do  think that Boeing's most recent decision to rethink its outsourcing strategy is correct.

Learn more about mini-case from

https://brainly.com/question/22526804

#SPJ1

The idea of employing a total person is demonstrated by John's hiring strategy.

The Total Person concept is a way of life that emphasizes goal-setting and action plans that take into account six crucial areas: family and home, financial and career, mental and education, physical and mental well-being, social and cultural diversity, and morality and ethics. In this individualized Plan of Action, self-evaluations are used to help people determine their values, set priorities, and set goals. These efforts enable the individuals in your business to establish equilibrium in all six spheres of existence. People who attain that balance are happier and more productive, according to study, and when everyone is more productive, your organization as a whole performs better.

To learn more about hiring strategy from

brainly.com/question/30096628

#SPJ4

Answer: sash figure

Explanation: it is right

The clothes peg figures are Brads haw figures are filled out and have bags tied to their belts

These statuettes bear the same resemblance to a clothes peg, showcasing a narrow torso and a large, round head; typically composed of diminutive size and manufactured with tender, fine-grained sandstone.

All in all, clothes peg figures are eminent constituents of the Bradshaw rock art custom, revealing essential information approaching the practices and convictions of its fabricators.

Read more  on Brad shaw figures here:https://brainly.com/question/15470147

#SPJ1

A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.

B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.

Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:

1. Final Goods:

Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.

2. Intermediate Goods:

Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.

The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.

It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.

for more such question on goods  visit

https://brainly.com/question/25262030

#SPJ8

The number of months that it would take me to accumulate the Birr 3,000,000 is 50 months.

The equation that represents the total amount saved :

Total amount =amount invested +  total interest earned + total amount earned

Total interest earned = amount invested x time x interest rate

2,000,000 x 0.005 x m = 10,000m

Total amount earned = savings per month x total number of months

10,000m

3,000,000 = 2,000,000 +  10,000m + 10,000m

3,000,000 - 2,000,000 = 20,000m

1,000,000 = 20,000m

m = 50 months

To learn more about interest, please check: https://brainly.com/question/26164549

#SPJ1