Answer:
The break even for Emily using Option 2 presuming she is not financing the points is 7.8
Explanation:
Solution
In this case, in other to determine this problem, we need to find the monthly payments for both options
For option 1 (EMI)
Where
P = 320,000,
r =0.08/12 = 0.00667
n = 360
Now,
EMI = P *r * (1 + r)^n/ (1 + r)^n -1
So,
EMI =320,000 * 0.00667 * (1 + 0.00667)^360/ (1 + 0.00667)^360
EMI = 23329.56/9.93573
=2348.05
For Option 2
P = 320,000,
n = 360
r = 4%/12 = 0.003333
Thus,
EMI =320,000 * 0.003333 * (1 + 0.003333)^360/ (1 + 0.003333)^360
EMI = 3534.398/2.313498
=1527.73
Note:
When Emily is paying 2 discount point in the second option, she is paying the following:
2% * 320000 = 6400
Also she is saving the following:
2.348.05 - 1527.73
=820.32 on payment (monthly) because of the reduction of EMI in the second option
Thus,
The break even time is =payments due to points/ monthly savings
=6400/820.32
=7.8
Which of these include some basic purposes of transportation regulations? (Select all that apply.)
A.to set limits on ways transportation companies could engage in business
B.to limit competition
C.to constrain how much money transportation providers could make
D.to foster competition
Answer: A. To set limits on ways transportation companies could engage in business.
D.to foster competition
Explanation:
Transportation regulations are put in place in order to control the activities of transportation companies and also ensure an effective and efficient delivery system.
Transportation regulations set limits on ways transportation companies could engage in business and also foster competition which is necessary for the growth of the sector and improvement in quality.
a. Describe the processes for developing and monitoring a business plan for a small business. b. Describe how you might establish systems to ensure the legal rights and responsibilities of the business are identified and the business is adequately protected, specifically in relation to work health and safety (WHS), business registration and environmental requirements. c. Explain how to communicate a business plan for a small business that clearly addresses priorities, responsibilities, timelines and budgets. d. Describe how you might evaluate the customer base and target market for a small business as a basis for the marketing objectives and strategies
Analyzing a business plan's strengths and flaws and tracking its long-term success are key components of establishing and monitoring a business plan for a small business.
A business plan is what?A business plan is defined as a document that outlines a company's goals and objectives as well as the methods through which they can be achieved.
Researching the business's objectives and goals, market trends, and rivals' performance are all part of creating and maintaining a business plan for a small company. On the other side, a business strategy can be followed up on by creating tracking systems that will show how well the objectives have been met. This means that setting quantifiable targets is crucial for evaluating the success of a business plan.
It may be inferred that the procedure for creating and monitoring a business plan for a small business is to assess a plan's advantages and disadvantages and keep track of how it performs over time.
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a. Describe the processes for developing and monitoring a business plan for a small business.
Hernando lives in a county where everyone pays the same amount of taxes no matter their income. Which type of tax system is Hemando's country
MOST likely using?
The nation of Hernando employs a proportionate tax system or flat tax system.
What about a proportionate tax system?A tax that is applied in such a way that the tax rate is constant regardless of the size of the taxable base is known as a proportionate tax. The tax burden is proportional to the amount that is taxable. The term "proportional" refers to a distribution effect on income or expenditures where the marginal tax rate is equal to the average tax rate and the rate remains constant (does not move from "low to high" or "high to low" while income or consumption changes). It can be used for one year, several years or a lifetime; it can be applied to individual taxes or a tax system as a whole.To know more about proportionate tax system, visit:
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Answer:Regressive plato
Explanation:
i got it right
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Explain three rights that consumers have when buying a service for example hiring a plumber to install a new shower
The three consumer rights that consumers have when buying a service are the right to be informed, the right to choose, the right to safety.
What are consumer rights?The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to choose, the right to safety, the right to be heard, the right to have problems corrected, the right to consumer education, and the right to service, according to the bill.
Access to essential goods and services such as adequate food, shelter, clothing, health care, education, and sanitation - basic needs that should be available to all consumers - is defined as service.
Therefore, consumer right are essential when buying a service.
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How do i get as much mony as bill gates todey?
Answer:
be very famous
Explanation:
In August 2017, Marisela took out a $10,000 qualified student loan to pay the tuition at State College. In 2019, she refinanced the student loan for an additional $5,000 that she used to buy a car to drive to and from campus. Under the terms of the refinanced loan, Marisela will be charged an additional $150 a year in interest. When completing her income tax return, Marisela can deduct what amount of the additional interest she is charged for her refinanced student loan
Answer:
$0
Explanation:
In order to deduct student loan interests, the loan must be taken while the college student is enrolled and actively taking the course. In this case, Marisela took the student loan in 2017 when she was a student. If she refinanced the loan in 2019 in order to buy a car, she cannot deduct any interests from that portion of the loan.
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 178,000 Real estate commissions 15,300 Legal fees 1,100 Expenses of clearing the land 2,300 Expenses to remove old building 1,300 What portion of these costs should be allocated to the cost of the land and what portion should be allocated to the cost of the new building
Answer:
$198,000 and $0
Explanation:
The calculation is shown below:
The Cost of the land is
= Purchase price + Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building
= $178,000 + $15,300 + $1,100 + $2,300 + $1,300
= $198,000
As the property is buy for the building site so here no cost will be recognized and allocated to the new building cost
hence, it would be zero
3.1. Researchers have defined the traditional family life cycle as a progression of stages through
which many families pass. Discuss the FIVE basic stages (in sequential order) that are found in
the family life cycle model. Also link an example of a two products that would appeal to each of
the five stages.
(5)
as the tax assessor for Indian creek county, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is $800,000,000. currently, the assessment rate is 35% and the tax rate is 40 mils. The county commission increases the assessment rate to 45% and the tax rate to 45 mils
Answer:
this didnt make sense but ok
Explanation:
i dont have to pay for this right?
Answer:
no
Explanation:
Need help asap right now
Answer:
2. Sales forecasts $475,000
3. Ben needs 5 more hours
Explanation:
2.
The sales are $500,000. The trend is a 5% reduction in the current year sales figure for next year's performance.
The sales forecast for next year will be a decrease of 5% of this year sales.
next sales will be $500,000 less 5%
Therefore, the next sales forecast will be 95% of $500,000
=95/100 x $500,000
=0.95 x $500,000
=$475,000
Forecasts will be $475,000
3.
Ben requires 20 hours of continuous training.
So far, he has done 900 minutes.
900 minutes is equivalent to 900/60 hours
=15 hours.
To complete the study, Ben requires 20 hrs -15 hours
=5 more hours
List three pieces of criteria that economists use to determine if someone is employed
Answer:
The summary as per the given query is summarized below.
Explanation:
The criterion used by economists to decide whether the individual was working wasn’t employed.Employees hold down jobs for full as well as part-time pay where they already haven't a job and therefore are provisions of these terms for work even though they are unemployed.The labor force seems to be the number among all jobs working as well as unemployment.whan deciding how to invest your money which of the following is least important to know
When deciding how to invest your money, it's essential to consider several factors such as risk tolerance, investment goals, and time horizon.
However, the least important factor to know is probably the short-term market fluctuations.
Short-term market fluctuations refer to the daily ups and downs in the stock market or other investment platforms. While it can be tempting to focus on these fluctuations, they are generally not indicative of long-term performance and can lead to emotional, impulsive decisions that may not align with your investment strategy. Instead, it's more important to focus on factors that contribute to long-term growth and stability.
A sound investment strategy takes into account your risk tolerance, which is your ability and willingness to withstand potential losses. Additionally, clearly defined investment goals help you create a tailored plan that considers your specific objectives, such as saving for retirement or funding a child's education. Your time horizon, or the length of time you plan to invest, also plays a significant role in determining suitable investment options.
By prioritizing long-term factors like risk tolerance, investment goals, and time horizon, you can make more informed decisions that will ultimately lead to better financial outcomes. Remember that short-term market fluctuations can be distracting and are less important in the grand scheme of your investment journey.
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A manufacturing company accumulates the following data on fixed overhead: Actual cost incurred: $21,000; Budgeted: $20,000; Applied fixed overhead: $24,000. The fixed overhead volume variance is:
Answer:
$4,000F
Explanation:
Calculation to determine what The fixed overhead volume variance is:
Using this formula
Fixed overhead volume variance= Budgeted - Applied fixed overhead
Let plug in the formula
Fixed overhead volume variance=$20,000-$24,000
Fixed overhead volume variance=$4,000F
Therefore The fixed overhead volume variance is:$4,000F
You have been assigned the task of sending a communication to a job applicant who was not selected for a position in the organization. Write the letter. Once you have the letter written use another paragraph to explain the components of your letter. What is the purpose and appropriate channel to complete this task? Explain your answer and be sure to include the corporate culture of your organization. How was your choice of channel influenced by contextual forces?
Answer:
Greetings, [Applicant Name]
We are thankful that you chose to apply for such [Job] position within our firm. We value the time and effort you put into filling out the application and showing up for the interview.
We regret to inform you that we have chosen not to proceed with your application after thorough review. Despite the fact that you have great credentials and experience, we have found other applicants whose qualifications and background more closely meet the position's needs.
We want to thank you for your interest in our company and invite you to submit applications for any future openings that may come up.
Once more, thank you for your interest in our company. We wish you luck in all of your future pursuits.
Sincerely,
(Your Name)
[Your Name]
[Name of Organization]
This letter informs the job applicant that their application was unsuccessful for the position for which they applied. Email is the best medium for this contact. Our company's business culture emphasises responding to all job applicants promptly and courteously. We recognise that looking for a job may be stressful, so we work to make the process as easy and open-book as we can.
Contextual factors like the present pandemic scenario, which has increased the use of distant communication, had an impact on the channel choice. Also, email enables rapid delivery of a succinct and clear message, which is consistent with our organization's ideals of professionalism and effectiveness.
In conclusion, connecting with job candidates who are not even chosen for a position is a crucial activity that needs to be treated with respect. Related to organizational culture and circumstances of the case, a different channel may be more appropriate for this communication, but the message ought to remain clear and to the point.
The letter's objective is to offer the applicant a position in a different department of your business as the position he was seeking for is either filled or not open.
The appropriate channel to complete this task is Email.
Here is the letter to be written to the candidate-
Greetings, [Applicant Name]
We are thankful that you chose to apply for such [Job] position within our firm. We value the time and effort you put into filling out the application and showing up for the interview.
We regret to inform you that we have chosen not to proceed with your application after thorough review. Despite the fact that you have great credentials and experience, we have found other applicants whose qualifications and background more closely meet the position's needs.
We want to thank you for your interest in our company and invite you to submit applications for any future openings that may come up.
Once more, thank you for your interest in our company. We wish you luck in all of your future pursuits.
Sincerely,
(Your Name)
[Your Name]
[Name of Organization]
Summary of the letter-This letter tells the job seeker that their application was rejected for the position for which they applied. The most effective method of communication for this is email. The corporate culture of our organization places a strong focus on immediately and politely replying to all job candidates. We strive to make the hiring process as simple and transparent as we can since we understand that it may be stressful. How was your choice of channel influenced by contextual forces?The channel choice was influenced by contextual circumstances, such as the current pandemic situation, which has boosted the usage of remote communication.
Also, email makes it possible to send a message quickly and clearly, which is compatible with our organization's values of professionalism and effectiveness.
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What is the Importance of Public Personnel Management?
Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.
The importance of public personnel management can be understood from several perspectives:
1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.
2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.
3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.
4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.
5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.
6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.
In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.
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List five potential conflicts that ANY employee of the company could face, be it sales
staff on the floor or management staff in the office, or even a warehouse worker that ships
products to the outlet store.
U ever get this solved? I need it too
Explanation:( NOT AN ANSWER)
Double declining balance
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
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I need help with the operation management assignment plz
2 Drag each label to the correct location on the image. Match the situations to the benefits provided by personalized or online services. understanding the process clearly easy registration process faster filing of claim form understanding policy benefits and limitations addressing clarifications Personalized Insurance Service Online Insurance Service All rights resented
Answer: Here is the correct answer
Explanation:
the wildlife department has been feeding special food to rainbow trout finger lings in a pond. A sample of weight of 40 trout revealed that the mean weight is 402.7 grams and the standard deviation 8.8 grams .
what is estimated mean wight of population? what is 99% confidence interval?,what degree of confidence is being used? interparet the result
We estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. The degree of confidence used is 99%.
To estimate the mean weight of the population of rainbow trout fingerlings, we can use the sample mean as an estimate. In this case, the sample mean weight is 402.7 grams.
Since the sample is a good representation of the population, we can consider this as our estimate for the population mean weight.
To determine the 99% confidence interval, we need to calculate the margin of error. The margin of error is given by multiplying the critical value (z*) with the standard deviation of the sample mean.
For a 99% confidence level, the critical value is 2.576 (obtained from a standard normal distribution table).
The margin of error is then calculated as 2.576 * (8.8 / sqrt(40)), which equals 3.932 grams. Therefore, the 99% confidence interval for the mean weight of the population is 402.7 ± 3.932, or approximately (398.77, 406.63) grams.
The degree of confidence used is 99%, meaning that if we repeated the sampling process multiple times, approximately 99% of the resulting confidence intervals would contain the true population mean weight.
In conclusion, we estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. This means we are 99% confident that the true population mean weight falls within this range.
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lisun company produces a variety of gardening tools and aids. the company is examining the possibility of investing in a new production system that will reduce the costs of the current system. the new system will require a cash investment of $4,607,200 and will produce net cash savings of $800,000 per year. the system has a projected life of 9 years. required: calculate the irr for the new production system. for discount factors use exhibit 12b-2. round your answer to the nearest whole percentage. fill in the blank 1 %
The Internal Rate of Return for the new Production system at Lisun Company is 10%. The Present Value for the Internal Rate of Return should now be determined.
Given:
Internal Rate of Return PV factor equals Investment Cost/Annual Net Cash Savings
Internal Rate of Return PV Factor: 4607200/800000 = 5.759
The Present Value of an Annuity of $1 table's PV factor of 5.759 comes the closest to 10%
The Present Value for the Internal Rate of Return should now be determined.
= Investment Cost/Net Cash Savings
each year
Invested in cash: $4,607,200
Savings in Net Cash: $800,000
IRR's PV is equal to $4,607,200/$800,000.
= 5.759
We must look up the Present Value and Future Value table because the PV factor is 5,759. When the 9 year column is examined, the 5.759 is connected to the 10% discount rate.
Internal Rate of Return is thus 10%.
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Gerald purchased a washing machine for $650 three months ago and is very unhappy with his purchase. Since then, he had to call for repair service twice. On each of these instances the repair company charged $50 for the service call just to go to his house. They also charged $20 an hour for labor. The first time they came they spent 2.5 hours, and the second time they came they spent 1.5 hours. Gerald wants to send a complaint letter to the manufacturer. He is seeking to return the defective machine and get a refund for his total expenses related to the washing machine. What amount should be put in his letter?
Answer:
Explanation:
Le montant total que Gerald a payé pour la machine à laver est de 650 $. Le coût total des services de réparation pour les deux instances est : 50 $ (frais d'appel de service) + 20 $/heure (frais de main-d'œuvre) × 2,5 heures = 100 $ (première fois) 50 $ (frais d'appel de service) + 20 $/heure (frais de main-d'œuvre) × 1,5 heure = 80 $ (deuxième fois) Ainsi, le coût total des services de réparation est de 100 $ + 80 $ = 180 $. Par conséquent, le montant total que Gerald devrait mettre dans sa lettre demandant un remboursement est de 650 $ + 180 $ = 830 $.
Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. true or false
It is a false statement that Labor relates only to the production of manufactured goods and that services are not included.
What is a Labor?This is a factor of production that involves individuals & machines that helps to they produce a good or service for a firm.
The reward for a Labor as a factor of production is known as Wages and Salaries.
Therefore, the statement is false because Labor helps in production of both the goods and services.
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Advanced Debtor–Creditor Relations and Secured Transactions :
1.Suppose you are buying a house and a bank is lending you the money for the purchase. In finalizing the loan, the bank will require you to sign a mortgage/deed of trust, as well as a:
a)writ of execution.
b)writ of attachment.
c)promissory note.
d)security agreement.
In finalizing the loan, the bank will require you to sign a mortgage/deed of trust, as well as a: promissory note.
A promissory note is a written agreement between two parties (you, the borrower), in which you promise to repay a debt obtained from the other party (often a bank or other financial institution).
Promissory notes can be issued by anybody who wants to lend money (for example, house sellers, credit unions, Fin-Tech companies, and non-mortgage-related banks), but they are specifically used in real estate and the mortgage process to ensure that borrowers will pay back their loans on schedule.
Hence the correct option is C
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The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized; over-the-counter Broker; dealer Electronic; private Private; public
Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.
NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."
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Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 Balance sheet: Inventories 75,000 63,000 Ratios: Gross profit ratio for 2021 40 % Inventory turnover ratio for 2021 6 What was the amount of net sales for 2021
The amount of net sales for 2021 is $1,035,000.
Average inventory = (Beginning inventory + Ending inventory) / 2
Average inventory = ($63,000 + $75,000) /2
Average inventory = $69,000
The formula for Inventory turnover ratio is {Cost of goods sold/Average inventory]6 = Cost of goods sold / $69,000
Cost of goods sold = $414,000
Given Gross profit ratio is 40%: Gross profit = 40% on sales
Let the sales be $K
Gross profit = Sales - Cost of goods sold
0.4K = K - $414,000
0.4K = $414,000
K = $414,000 / 0.4
K = $1,035,000
Therefore, the amount of net sales for 2021 is $1,035,000.
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Steve has built an online shopping website and he would like to increase his website ranking in the search results. You are his consultant. Which of the following would you recommend for him to help achieve his goal?
Which broad social goals are most likely targeted by these public policies?
Explain each one:
1) Requiring health insurance by all members of society.
Help please
Efficiency in the economy, equity, freedom, expansion, safety, and stability.
What are the market economy's three main social and economic objectives?The United States accepts and shares seven main economic and social objectives. These seven objectives are full employment, price stability, economic growth, economic equity, and security in the economy.
What are the seven main aims of our economy, both socially and economically?Efficiency, equity, economic freedom, full employment, economic growth, security, and stability are some examples of national economic goals.
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