Unemployment can hurt an economy in several ways. The following are the ways in which unemployment hurts the economy:
Reduced consumer spending: When people lose their jobs, they have less disposable income to spend on goods and services, which means they are unable to contribute to the economy's growth and stability. As a result, consumer spending decreases, reducing business revenues and causing more layoffs.
Lower GDP: When unemployment rises, the country's GDP (Gross Domestic Product) will likely fall. GDP is the measure of a country's economic output, which means that when unemployment rises, output falls. As a result, the economy's growth will stagnate, making it more difficult for the country to pay off its debts.
Poverty and social unrest: Unemployment can also lead to an increase in poverty and social unrest. Those who lose their jobs may become homeless or struggle to feed themselves and their families. This can lead to an increase in crime rates and other forms of social unrest. Thus, unemployment hurts not only the economy but also the society at large.
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What should you do before you complete your net worth statement? (1 point)
Responses
Redistribute the investments in your retirement account.
Decide what, if anything, you are going to leave to your children in your will.
Complete your income statement.
Determine or estimate the current value of everything you own.
The thing that you should do before you complete your net worth statement is option D: Determine or estimate the current value of everything you own.
What makes net worth significant?Your net worth, which indicates whether your overall assets are worth more or less than what you owe, is a reliable measure of your financial health. For financial planning purposes, such as making a home or company purchase or creating a retirement plan, net worth can be a crucial indicator.
Therefore, A financial instrument that displays your financial situation at a specific time is a net worth statement. It functions as a "financial snapshot" that displays the dollar amounts of your assets and liabilities (liabilities or debts). Assets - Liabilities = Net Worth is the formula used to determine net worth.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
I should probably not paint the walls of my apartment because O I have an absolute advantage in painting my walls relative to a painting service. O I have a comparative advantage in painting my walls relative to a painting service. O my opportunity cost of painting my walls is higher than the cost of paying someone to do it for me. O I might fall from the ladder.
Based on the given options, the best answer to your question would be "O my opportunity cost of painting my walls is higher than the cost of paying someone to do it for me."
This means that the value of your time spent painting the walls is higher than the cost of hiring someone to do it for you.
In terms of comparative advantage, it may not necessarily apply to this situation as it is more related to trade between countries and the ability to produce a good or service at a lower opportunity cost than another country.
As for the potential risk of falling from the ladder, it is important to prioritize safety and consider hiring a professional if necessary.
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True or false Interpersonal workplace skills deal with your ability to get along with other people.
The given statement "Interpersonal workplace skills deal with your ability to get along with other people" is True because Interpersonal skills, also known as soft skills, people skills, or emotional intelligence, refer to the abilities that individuals possess to communicate effectively with other people and develop and maintain relationships.
Interpersonal workplace skills are critical in the workplace as it helps people in the organization interact with each other positively and enhances teamwork in the workplace. Individuals who possess strong interpersonal skills can work together effectively and efficiently, which leads to increased productivity in the organization. Some of the key interpersonal skills that people must have to thrive in a work environment include active listening, effective communication, conflict resolution, collaboration, time management, and empathy. Active listening is a vital interpersonal skill that individuals must have to thrive in the workplace.
It entails concentrating on the speaker, summarizing the information they provide, and asking relevant questions. Effective communication is another critical interpersonal skill. Clear communication ensures that every member of the organization understands the information and requirements communicated to them. Conflict resolution is also an essential interpersonal skill that individuals must have. It involves finding amicable solutions to disagreements between colleagues.
Collaboration is an essential interpersonal skill as it helps people work together towards common goals. Time management is also a critical interpersonal skill as it ensures that tasks are completed within the allocated time frame. Finally, empathy is an essential interpersonal skill that helps individuals understand and relate to the feelings and experiences of other people.
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Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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Why should you understand what you can and cannot copyright?
Answer:
Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.
Explanation:
Answer:
So that therefore you wouldn't be fined of plagiarism of any kind.
Explanation:
A municipal securities dealer has just made a contribution to the mayor's reelection campaign. How long must the firm wait before it can enter competitive bids on proposed bond issues by the city
Answer:
The appropriate answer is "No waiting period".
Explanation:
Terms of attitude method similar to a relationship, recognize, warrant, the identification card of ability to participate and perhaps other responsibility made available by such a governmental entity or about there departments. The phrase "municipal securities vendor" applies to any individual engaged throughout the business of auctioning municipal securities according to their consideration, across some kind of broker or anything else.What would you pay for a stock expected to pay a $2.50 dividend in one year if the expected dividend growth rate is zero and you require a 10% return on your investment?
Answer:
$25
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
$2.5 / (0.1 - 0) = $25
Benny surveyed a group of individuals from diverse backgrounds regarding his company's latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in bennys survey group depicted ?
Answer:
B). Ad recall
Explanation:
The 'ad recall' feature of the advertisement is being displayed in Benny's survey group as it aims to evaluate the number of people who remembered the latest advertisement of his company within the two days of the display. The survey primarily aims to check how memorable was their advertisement to the people to check if the advertisement was effective enough and able to create desired impact or not. Thus, option B is the correct answer.
Answer:
B. ad recall
Explanation:
For all Plato users
The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of a
People often set up business for themselves. The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of socialism.
What is socialismThis is known as an economic system that is based on the foundation that some, if not all, simple or basic businesses e.g. steel mills, coat mines, and utilities should be the property of the government.
They believed that the profits from these business can be said to be evenly distrusted among the people but when they are in the hands of the government, it can be well used.
Brain Drain
The loss of the best and bright
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The Golden Rule means to treat others the way you want to be treated. This should prevent you from being rude, ugly, mean, dishonest, lazy, disloyal or dishonorable. True False
Answer:
True
Explanation:
You should always treat others the way you want to be treated. If you were the one who could be treated badly, would your actions be different?
How can virtual leaders ensure effective communication with remote workers?
A. Use multiple channels to communicate.
B. Develop a strong one-way process for communication.
C. Minimize the use of structured work-related events.
D. Allow each remote employee to establish ground rules for getting work done.
E. Limit active listening.
Virtual leaders ensure effective communication with remote workers Allow each remote employee to establish ground rules for getting work done. The correct option is D.
Why is effective communication important in virtual teams?Building trust and effective communication between team members are essential for virtual teams to perform to their highest potential. Establishing strong team trust is a crucial part of creating effective communication among virtual teams.
As a manager, you can foster remote socializing using collaboration apps and tools like Meet, Microsoft Teams, or other instant messaging tools to support your employees' remote connectivity.
Thus, the ideal selection is option D.
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Workplace CrossWord Help:
Engineering solution for keeping workers safe while operating equipment words
(13 Letter Word) —2(words)
Answer:
Hazard Control
Explanation:
Hazard control can be defined as the a worldwide accepted system that is setup by industries or companies to ensure the reduction or elimination of work hazards.
It is usually passed across to managers through training and the managers in turn ensure that the employees are trained as well thus ensuring that the practices become standard practices in the organization.
cheers
define protectionism
Answer:
the theory or practice of shielding a country's domestic industries from foreign competition by taxing im
it may make sense for the government to subsidize a domestic industry or to tax imports of a good if that good is:
It may make sense for the government to subsidize a domestic industry or to tax imports of a good if that good is deemed to be strategically important for the country's economy or national security.
Some reasons for a government to subsidize a domestic industry or to tax imports of a certain good are:
Protecting Strategic Industries: If a particular industry is deemed to be strategically important, such as the defense industry or critical infrastructure like telecommunications, the government may choose to subsidize it or tax imports of similar goods to protect it from foreign competition. This can help to ensure that the country has the necessary capabilities to meet national security needs or maintain critical infrastructure.Addressing Market Failure: In some cases, market failures can occur when the market fails to allocate resources efficiently, such as in the case of negative externalities like pollution or when a particular industry experiences significant economies of scale. In these cases, the government may choose to subsidize a domestic industry or tax imports to address these market failures and promote efficient resource allocation.However, it is important to note that government interventions like subsidies and taxes can have unintended consequences, such as distorting market signals and creating inefficiencies. Therefore, it is crucial for governments to carefully evaluate the costs and benefits of such interventions before implementing them.
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Question 6 of 10 When making an ad, avoid using:
A. catchy headlines
B. too few words
C. too much info
D. audience knowledge
Answer:
Its A
Explanation:
Because people dont like wierd ads and sketchy things
Answer:
too much info. Marketing should generate the greatest interest with the fewest words
What are the 5 questions that you should ask before investing?
How much money is required to meet your investment goals, How long will it take to get the money, When investing, you should consider your level of risk tolerance as well as any potential economic or personal circumstances.
When we allocate money to financial items like stocks, bonds, and ETFs, we give it structure and a mission. Setting investment goals and investing go go together with good personal finance habits like saving for emergencies and controlling expenditure. Based on age, income, and outlook, investment objectives can be divided into three categories. Age could also be broken down into three distinct categories young and beginning, middle-aged and establishing a household, and old and independent.
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What financial resources are required to attain your investment goals? When will you get the money? When investing, you should consider your risk tolerance as well as any potential economic or personal conditions.
What exactly is investing?Investing is the process of purchasing assets that increase in value over time and produce returns in the form of income payments or capital gains. Investing can also refer to spending time or money to enhance your own or others' lives.
However, in the world of finance, investing is the purchase of stocks, real estate, and other valuable items in the pursuit of capital gains or income. Investing works when you buy an asset at a cheap price and sell it at a higher price. This type of return on investment is known as capital gain.
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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
I need Short Term, Med Term, and Long Term goals for a sports cleat business
Answer:
Short term: Try and sell the one pair of cleats that are used.
Med term: Try and sell Two pairs for a lower price like two pairs for $40
Long term: Try and sell all the cleats before you have to leave the store.
Explanation:
I like goals!
During a performance appraisal, labeling people with certain characteristics is most likely to
Multiple Choice
O motivate employees.
O increase the dedication of employees.
O put employees on the defensive.
O increase employee productivity.
During a performance appraisal, labeling people with certain characteristics is most likely to put employees on the defensive.
A performance assessment, also known as a performance review, performance evaluation, development talk, or employee appraisal, is a periodic and systematic procedure that documents and evaluates an employee's work performance.
This is done after staff have been taught and settled into their roles. Performance appraisals are a component of career development that entails frequent evaluations of employee performance inside firms. Annual performance evaluations, while widely used, have been criticised for offering criticism too seldom to be beneficial, and some critics claim that performance assessments in general do more harm than good.
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I. Suppose weekly demand for an item is 200 units. Annual holding cost is $10 per unit, and ordering cost is $20 per order. Assume 52 weeks per year.
1. What is the EOQ? If the EOQ is used for order quantity,
2. What is the average inventory level?
3. What is the annual inventory-holding cost?
4. What is the number of orders per year?
5. What is the annual ordering cost?
6. What is the time between orders in weeks?
II. Weekly demand for a certain product is normally distributed with mean 200 and standard deviation 10. The source of supply is reliable and maintains a constant leadtime of 1 week. The cost of placing an order is $10 and annual holding cost is $3 per unit. Assume 52 weeks per year. Management wants to satisfy a 95% probability of not running out of stock in any one ordering cycle.
1. What is the average demand during leadtime?
2. What is the standard deviation of demand during leadtime?
3. What should be the safety stock?
4. What should be the reorder point?
5. What should be the order quantity?
6. State the ordering policy by using a sentence.
I. 1. The Economic Order Quantity (EOQ) is 40 units.
2. The average inventory level is 20 units.
3. The annual inventory-holding cost is $200.
4. The number of orders per year is 13.
5. The annual ordering cost is $260.
6. The time between orders in weeks is approximately 4 weeks.
II. 1. The average demand during leadtime is 200 units.
2. The standard deviation of demand during leadtime is 10 units.
3. The safety stock should be 16.45 units.
4. The reorder point should be 216.45 units.
5. The order quantity should be 40 units.
6. The ordering policy is to place an order for 40 units when the inventory level reaches 216.45 units during leadtime, ensuring a 95% probability of not running out of stock.
I. 1. To calculate the EOQ, we use the formula: EOQ = sqrt((2 * D * S) / H), where D is the annual demand, S is the ordering cost, and H is the holding cost per unit. Plugging in the values: EOQ = sqrt((2 * 200 * 20) / 10) = sqrt(800) = 40 units.
2. The average inventory level can be calculated as half of the EOQ, so it is 20 units.
3. The annual inventory-holding cost is found by multiplying the average inventory level by the holding cost per unit: 20 units * $10 = $200.
4. The number of orders per year is calculated by dividing the annual demand by the EOQ: 200 units / 40 units = 5 orders. Since there are 52 weeks in a year, the number of orders per year is approximately 13.
5. The annual ordering cost is determined by multiplying the number of orders per year by the ordering cost per order: 13 orders * $20 = $260.
6. The time between orders in weeks is calculated by dividing the number of weeks in a year by the number of orders per year: 52 weeks / 13 orders ≈ 4 weeks.
II. 1. The average demand during leadtime is equal to the mean weekly demand multiplied by the leadtime: 200 units * 1 week = 200 units.
2. The standard deviation of demand during leadtime remains the same as the standard deviation of weekly demand, which is 10 units.
3. The safety stock is determined by multiplying the standard deviation of demand during leadtime by the desired service level. Since management wants a 95% probability of not running out of stock, the safety stock is 1.645 (corresponding to a 95% confidence level) multiplied by the standard deviation: 1.645 * 10 units = 16.45 units.
4. The reorder point is calculated by adding the average demand during leadtime to the safety stock: 200 units + 16.45 units = 216.45 units.
5. The order quantity remains the same as the EOQ calculated previously, which is 40 units.
6. The ordering policy can be stated as follows: "Place an order for 40 units when the inventory level reaches 216.45 units during leadtime, ensuring a 95% probability of not running out of stock."
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what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
General Electric sells a broad array of products for both businesses and consumers, from jet engines to light bulbs. GE's kitchen appliances would be considered ______.
The array of General Electric's kitchen appliances sold abroad would be considered : Product line.
What is a product line?Product line refers to a group of similar products that are sold under a single brand name by a company. Companies sell multiple product lines under their various brand names, so that they can distinguish themselves from each other for better usability by consumers.
Reasons for product line are:
Reduce the competition and decrease the threat from new products of new and existing competitors.To take advantage of the existing gaps in the market place and market space.Therefore, GE's kitchen appliances would be considered as product line.
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You have been given $100 to start a checking account. Considering the four P's discussed in the module, go online to research and select a bank that best meets your needs. Which bank did you choose? Explain how you used each of the four P's to make this decision.
Answer:
what are the four p's
Explanation:
Karla is working in Microsoft Excel, and she needs to copy data from one spreadsheet into another. The cells she wants to copy contain a large amount of data; however, Karla wants to copy only the formatting, comments, and values. She is debating between using Paste and Paste Special. Explain which option she should use. Include details of the function you choose to support your decision. Use details to support your answer.
Answer:
The main difference between paste and paste special is that the paste command allows the user to insert the selected data from the clipboard into an application while the paste special command follows the same functionality similar to paste, but provides additional options to select how the inserted data should appear
how to copy Here's how:
Select all the data in the worksheet. Keyboard shortcut: Press CTRL+Spacebar, on the keyboard, and then press Shift+Spacebar.
Copy all the data on the sheet by pressing CTRL+C.
Click the plus sign to add a new blank worksheet.
Click the first cell in the new sheet and press CTRL+V to paste the data.
How do I quit my job as cashier already wrote resignation letter
Deimos Corporation has 500,000 shares of $2 par-value common stock issued and outstanding when the market price per share is $22 per share. By what amount will total equity increase when the company declares a 2:1 stock split
Answer:
Total equity will remain the same
Explanation:
A stock split is simply increasing the number of shares and at the same time reducing the par value per share.
A stock split of 2:1 means that the number of shares would double while par value reduces by half.Specifically,the number of shares would increase from 500,000 to 1,000,000 while the par value reduces from $2 per share 1/2*$2 i.e $1 each.
All in all,the there is no increase in total equity overall.
Why fresh graduates consider working in a Call Center?
Answer:
They have the opportunity to grow
They can earn an incredibly useful experience
They can enjoy high salaries and fun working environments
Call Centers Represent a Growing Industry
Call Centers Represent a Growing Industry
Explanation:
these are the reasons why fresh graduates consider working in call center. Don't worry if it is your first time i'm sure that you will have a nice experience
i hope this helps
how did the trading posts and/or colonies contribute to this empire's economic development?
Trading posts and/or colonies played a significant role in the empire's economic development. The main purpose of trading posts was to provide a place for merchants to exchange goods and services. These trading posts served as a central hub for trade, allowing the empire to acquire valuable resources and goods from other regions.
Colonies also contributed to the empire's economic development by providing a source of raw materials, such as timber, gold, and spices. These resources were then used to produce goods that could be sold for a profit. Additionally, colonies provided a market for the empire's goods, allowing the empire to expand its trade networks and increase its wealth.
Overall, trading posts and/or colonies were essential for the empire's economic development as they allowed for the exchange of goods and resources, provided a source of raw materials, and served as a market for the empire's goods. Without these trading posts and/or colonies, the empire would not have been able to expand its trade networks and increase its wealth.
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(04.04 LC)
Which method of obtaining personal information involves posing as
another person to gain someone's trust?
A.Catfishing
B.Dumpster diving
C.Hacking
D.Shoulder surfing
Answer:
A. Catfishing
Explanation:
Catfishing is known to be used by many people to try to gain something from another person by pretending to be someone they're not. (i also took the test and got it right)
Catfishing is the method of obtaining personal information involves posing as another person to gain someone's trust.
What is catfishing?Many people have been known to try to take advantage of others by appearing to be someone they are not by using catfishing. Example: An accident, family situation, death, or illness could lead a catfish to cancel a scheduled call.
Thus, option A is correct.
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something that must be supplied by the government because the marketplace cannot provide it in sufficient quantities is called
Something that must be supplied by the government because the marketplace cannot provide it in sufficient quantities is called a public good.
Public goods are goods or services that exhibit two key characteristics: non-excludability and non-rivalry. Non-excludability means that once the good or service is provided, it is difficult to exclude individuals from benefiting from it, even if they do not contribute to its provision. Non-rivalry means that the consumption of the good or service by one individual does not diminish its availability or utility for others.
These characteristics create a market failure because private markets are generally unable to provide public goods efficiently. The marketplace relies on the ability to exclude non-paying consumers and on competition to allocate resources effectively, which is not feasible for public goods. As a result, public goods are often undersupplied by the market. Examples of public goods include national defense, public parks, street lighting, and basic scientific research. Due to their characteristics and the inability of the market to provide them adequately, public goods are typically provided by the government or other public entities to ensure that they are available to all members of society.
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