The GDP for 2014 is $4,500. The GDP of an economy is the total value of all final goods and services produced within the economy during a given period of time. In this case, the final good produced is the dog chews sold by Chewy Chomp, Inc.
To calculate the GDP for 2014, we need to determine the total value of all dog chews produced and sold during that year. Chewy Chomp, Inc. produced 1800 dog chews, and each chew was sold for $2.50, so the total value of dog chews produced and sold in 2014 is:
1800 x $2.50 = $4,500
Therefore, the GDP for 2014 is $4,500. Note that the value of the rawhide produced by Rolling Rawhide is not included in the GDP calculation because it is an intermediate good that is used to produce the final good (dog chews). Only the value of the final good is included in the GDP.
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Increased trade with China between 2000 and 2007 induced large reductions in U.S. import prices, A)generating substantial decreases in the purchasing power of U.S. households. B)generating substantial increases in the purchasing power of U.S. households. C)creating a loss of $1.500 on average in purchasing power per U.S. household per year. D)creating neither gains nor losses for U.S. consumers.
The increased trade with China between 2000 and 2007 had the effect of generating substantial increases in the purchasing power of U.S. households. Option B) is the correct choice.
Increased commerce between countries frequently leads to increased competition and efficiency in the global market. Increased trade with China resulted in a massive influx of low-cost items into the American market.
Chinese exports to the US had cheaper production costs, resulting in lower import prices for American consumers.
As a result, US households could buy products and services at lower prices, thereby increasing their spending power. This means that consumers could get more goods and services for the same money, or they could save money on their purchases.
The availability of more affordable Chinese goods contributed to an increase in the standard of life for many American households. Therefore, Option B) is the correct choice.
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smith bank lends johnson bank excess reserves on deposit with the central bank for a period of three months. is this transaction said to occur in the interbank market?
Yes, this transaction is said to occur in the **interbank market**. The term "interbank market" refers to the market where banks engage in financial transactions with each other.
In this case, Smith Bank is lending its excess reserves to Johnson Bank, indicating an interaction between two banks. Such lending and borrowing activities between banks, particularly involving reserves and deposits held with the central bank, typically take place in the interbank market.
The interbank market serves as a crucial platform for banks to manage their liquidity needs, facilitate short-term borrowing and lending, and maintain stability in the overall financial system. By participating in the interbank market, banks can optimize their reserve requirements, mitigate funding gaps, and effectively utilize their excess funds. This interbank lending transaction between Smith Bank and Johnson Bank aligns with the nature of activities commonly associated with the interbank market.
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Duracell, a company well-known for manufacturing alkaline batteries, derives its strategic position from which source
Duracell is able to derive its strategic position from Few competitors, broad market.
Why is Duracell popular?
Duracell is popular because they have a great strategic position. This position comes from the fact that they have few competitors in a market that serves a very broad base.
As a result, they are able to sell to a lot of entities which makes them very successful.
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As a project manager, part of your communication plan is to perform backlog clean-up every month. What additional details should the communication plan include? Select all that apply.
The additional details that should be included in the communication plan for performing backlog clean-up every month are: Location, Type of communication, Recipients, and Duration.
What additional details should be included in the communication plan?The communication plan for performing backlog clean-up every month should include details such as the Location where the clean-up will take place, the Type of communication that will be used (e.g., in-person meeting, email, video conference), the Recipients who need to be informed or involved in the clean-up process.
The Duration of the clean-up session (e.g., how long it is expected to take). Including these additional details in the communication plan helps ensure that everyone is aware of when and how the backlog clean-up will be conducted, facilitating effective coordination and productivity improvement in the organization.
Full:
As a project manager, part of your communication plan is to perform backlog clean-up every month. What additional details should the communication plan include? Select all that apply. Location Type of communication Recipients Duration
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Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%. ignoring taxes, find the effect of the two increases on her purchasing power. showwork
Answer:
She lost $754.05.
Explanation:
Giving the following information:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.
The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.
Increase in salary= 52,000*1.025= $53,300
Inflation effect= 52,000/(1-0.038)= $54,054.05
To maintain her purchasing power, now, she needs to earn $54,054.05.
She lost $754.05.
Larry lives in a rundown house next to the lot that Gus has claimed and is tired of the incessant noise coming from Gus's camper, including loud music and TV. In addition, Gus hosts crazy dance parties outside of his camper every night. This has been going on for three months, and Larry can't take it any longer. Gus's activities represent _____. trespass trespass nuisance nuisance negligence negligence fraud
Answer:
nuisance
Explanation:
This activity is important because it covers important terms for effective money management. The goal of this exercise is to identify the best ways to manage your personal finances. Complete each statement with the correct term. Note not all terms will be used.
Remainder Part of the Question:
Build Your Financial Base Terms:
The ______ is one of the best places to put your money.
A _______ is one of the worst places to keep long-term investments.
You can use a _______ to keep track of purchases.
Your _______ is likely to be the largest of the most important investments you make.
It is wise to plan your financial future with _______.
Available Options are:
Credit Card, Bank Account, Home, Uncertainity, Excitement, car, insurance, stock market, payday loan.
Answers:
A. Stock market
B. Bank Account
C. Credit Card
D. Home
E. Insurance
Explanation:
A. The Stock Market is one of the best places to put your money.
Stock markets are the source of raising funds for investments by the companies. The stock market helps the investor to choose the investment with appropriate returns and risks. Furthermore the investor can also diversify its return by managing the portfolio of investments.
B. A Bank Account is one of the worst places to keep long term investment
The lowest returns are on saving accounts hence it is the worst place for long term investments.
C. You can use Credit Card to keep a track of your purchases.
Credit cards can be used for tracking all of purchases because monthly statement mailed to you includes all the spendings during the year.
D. Your Home is likely to be the largest of the most important investments you make
Buying home is considered as one of the largest investments as it takes substantial savings of the person to buy an house. A roughly estimate would be the savings of 3-4 years for a small house for a couple.
E. It is wise to plan your financial future with Insurance.
Because Insurance helps you to lower your financial risks. The risk is associated with life, home, car, and physical assets and thus the investor must use insurance facility.
True or false :Equifax experian and transunion are legally obligated to provide identical information
It should be noted that Equifax experian and transunion are legally obligated to provide identical information.
What is Experian and Equifax?Experian and Equifax serves as a credit bureaus in the U.S that collect and research credit information.
They help individuals to rate the overall ability to pay back a debt.
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as the logistics manager for a furniture manufacturing company, bryce is responsible for selecting trucking companies that can handle large product orders at a reasonable cost. he also seeks out warehouses where his company can store its large inventories. from this information, you can tell that bryce's company is relying on a(n) ________supply chain strategy.
As the logistics manager for a furniture manufacturing company, bryce is responsible for selecting trucking companies that can handle large product orders at a reasonable cost. he also seeks out warehouses where his company can store its large inventories. from this information, you can tell that bryce's company is relying on a(n ) push supply chain strategy.
What is the push supply chain strategy?With a push supply chain approach, choices regarding when to create and distribute products are made based on expected customer demand. Seasonal products are an illustration of a basic push supply chain strategy.
A push marketing strategy, also known as a push promotional approach, is one in which a business tries to bring its goods to customers, or "push" them on them.
Generally speaking, a push supply chain is a collection of actions required to obtain goods or stock in advance of consumer demand. In a pull system, on the other hand, the supply chain only reacts when there is consumer demand.
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President Eisenhower's economic policy can be best characterized as (A) the adoption of deficit financing to promote economic growth, but the repudiation of the progressive income tax (B) the rejection of the New Deal and an attempt to restore laissez-faire policies (C) the acceptance of the New Deal, but moderation in the expansion of governmental social programs (D) a vigorous effort to increase defense spending and federal funds for health care (E) a continuation of his predecessors' efforts to expand the role of the federal government
Answer:
(C) the acceptance of the New Deal, but moderation in the expansion of governmental social programs.
Explanation:
President Eisenhower's economic policy can be best characterized as the acceptance of the New Deal, but moderation in the expansion of governmental social programs.
Pete and Mason are shopping for Cheese-its for a class activity. They needed several boxes. Which prices give the better deal.
A. $1.25 per box
B. $5.50 for 3 boxes
c. Buy 1 at regular price ($3.50) and get one at 50% off
D. $2.75 per box and a coupon for $1.00 off
Answer:
I believe A. $1.25 per box would be the best deal.
Explanation:
This is because A is $1.25 per box,
B. is about $1.83 per box (5.50/3 divided by 3/3 = about 1.83/1)
C. Would be 1 box = $3.50, and the next $1.75 (which is still not less then just $1.25 per box)
and D. would be $2.75-$1 off = $1.75
Out of all of them, A is cheapest/gives the best deal.
Not sure if all calculations are correct, but I hope this helps! :)
which of the following is the rate of change in the total amount charged with respect to the time spent on the service call? question 5 options: $65 per hour $40 per hour $0.04 per hour $25 per hour
The rate of change in the total amount charged with respect to the time spent on the service call is: $40 per hour
How to determine the rate of changeIn the graph, there are two coordinates that are shown as follows: (2, 130) and (8, 370). These are reflected on the x and y-axis. So to determine the rate of change, we will have;
370 - 130 = 240
8 - 2 = 6
240/6 = 40
So, the rate of change in the total amount charged with respect to the time spent on the service call is $40 per hour.
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osha requires that employers pay for most ppe including ____
OSHA requires employers to pay for personal protective equipment when it is used to comply with OSHA standards including:
hard hats, gloves & gogglessafety shoes & safety glasseswelding helmets and goggleschemical protective equipmentfall protection equipment etc.What are osha standards for PPE?The OSHA groups the personal protective equipment into eight categories which are eye and face protection; respiratory protection; head protection; foot protection; electrical protective equipment; hand protection; personal fall protection systems; and other general PPE.
Its requires all employers to pay for personal protective equipment when it is used to comply with OSHA standards.
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The most common type of two-year college is called a(n):
O A. trade college.
B. liberal arts college.
C. community college.
O D. apprenticeship college.
Answer:
c.
Explanation:
just took the test
Cecilia has studied economics and knows about the value and investment potential of diamonds. The price of diamonds has recently decreased, and a new diamond mine has opened nearby. Cecilia decides to buy a diamond necklace while the prices are lower.
How did Cecilia’s knowledge of economics help her make a savvy commodity purchase?
A. She knew that diamonds are popular and in high demand.
B.She knew that diamonds are a nonrenewable resource, making them scarce.
C.She knew that the cost of diamonds depends only on the demand.
D.She knew that the purchase of diamonds will satisfy wants and needs.
(its not C i got it wrong on Edg. someone help pls)
Cecilia’s knowledge of economics help her make a savvy commodity purchase as She knew that the purchase of diamonds will satisfy wants and needs. The correct option is (D).
What is economics?Economics is the different field of the study which involves in the use of the resources for the generation of the goods and services and selling and distributing it.
Cecilia's understanding of economics enabled her to acquire a wise commodity because she was aware that buying diamonds would meet both her wants and needs. The ideal decision is (D).
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Answer:
B.) She knew that diamonds are a nonrenewable source, making them scarce
Explanation:
Erica sells magazine subscriptions and makes a flat rate of $5. 35 for each subscription she sells. If Erica made $42. 80 on Monday, $64. 20 on Tuesday and $74. 90 on Wednesday, how many subscriptions did she sell in the three days? a. 32 b. 33 c. 34 d. 35 Please select the best answer from the choices provided A B C D.
The number of subscriptions she sell in three days is 34. The calculation is done by dividing the money earned with the rate per subscription.
What is division?Division is one of the four basic operations in math. It is used to calculate the number of small units that can be obtained from a larger unit. In the given question, the amount of earning is divided by the rate per subscription to calculate the number of subscriptions sold.
Calculation:
Given:
\(\begin{aligned} \rm Rate\:per\:subscription &= \$5.35\\ \\ Money\: earned\: on\: Monday &= \$42.80\\ \\ Money\:earned\:on\:Tuesday &= \$64.20\\ \\ Money\:earned\:on\:Wednesday &= \$74.90\\ \\ Total\: money\: earned \:in \:three \:days &= \$42.80 + \$64.20 +\$74.90\\\\ &=\$181.90\end\)
Therefore, number of subscriptions sold in three days will be:
\(\begin{aligned} \rm Number\:of\:subscriptions &=\rm \dfrac{Total\:money\:earned}{Rate\:per\:subscription}\\ \\ \rm Number\:of\:subscriptions &= \dfrac{181.90}{5.35} \end\)
Hence the number of subscriptions Erica sell in three days is 34.
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What was the CIA's manual about how to disrupt organizations and processes?
The CIA's manual, titled "Simple Sabotage Field Manual," was a guide for disrupting organizations and processes through intentional inefficiency, confusion, and other forms of sabotage.
The CIA's "Simple Sabotage Field Manual" was a classified guidebook created during World War II. It detailed various techniques for disrupting organizations and processes through intentional inefficiency, confusion, and other forms of sabotage. The manual was intended to be used by American spies and resistance workers in Europe to help undermine the Nazi war effort. The techniques described in the manual included methods for slowing down production lines, reducing morale, and disrupting communication networks. The manual was declassified in the 1990s and has since been widely circulated, with some experts suggesting that its principles could be applied in modern workplaces to improve organizational efficiency and resilience.
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Sasha has just gotten a new job in a nearby city. After comparison shopping, she found that renting a nice two-bedroom apartment would cost around $800 per month. Her utilities would cost about $150 per month. Sasha has enough money saved for a down payment, and she found that she can buy a three-bedroom house or condo with a mortgage payment of $1,000 per month, including taxes and homeowner's insurance. Her utilities would cost about $200 per month. What is the advantage of renting the apartment over buying a home? Check all that apply. Repairs and maintenance costs are not Sasha’s responsibility. Utilities, such as electricity and water, are included in Sasha's rent payment. Sasha's up-front costs will be lower, allowing her to keep her savings. Sasha's monthly costs will be lower. Sasha will make money if the value of the apartment increases.
The advantages of renting the apartment over buying a home by Sasha are as follows:
A. Repairs and maintenance costs are not Sasha's responsibility.
E. Sasha's monthly costs will be lower.
What is the difference between Renting and Buying a Home?Renting involves monthly payment without eventual ownership or equity interest in the property. Buying a home will entitle Sasha to the ownership of the property.
Data and Calculations:Cost of renting two-bedroom apartment per month = $800
Cost of utilities per month = $150
The total monthly expense for renting = $950
Mortgage payment per month = $1,000
Utilities expense per month = $200
The total monthly payment for buying = $1,200
Thus, the advantages of renting over buying an apartment are A and E.
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Answer:
1,3,4
Explanation:
edge2022
incremental change is always less risky than large, 2nd order change true or false
False. It is not necessarily true that small, incremental change is less risky than big, second-order change. The specific context, the type of the change, and the organization's preparation and adaptability are only a few of the variables that affect the level of risk connected with a change.
While incremental change often entails smaller, more manageable changes over time, it may nonetheless be dangerous. Even minor modifications might cause established procedures to break down, necessitate the allocation of resources, and encounter pushback from stakeholders or personnel.
The scale and possible impact of a substantial, second order change, however, may in fact come with greater hazards. Significant organisational restructuring, cultural changes, and strategic realignment may be necessary. But these adjustments might also present chances for innovation and transformation, which might be essential for long-term success.
In the end, the degree of risk connected with each change depends on a variety of variables, therefore regardless of the size of the change, it is imperative to effectively analyse and manage risks.
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the howe family recently bought a house. the house has a 15-year, $219,525.00 mortgage with monthly payments and a nominal interest rate of 4.3 percent. what is the total dollar amount of interest the family will pay during the first 5 years of their mortgage? (assume that all payments are made at the end of the month.) group of answer choices a. $43,274.79 b. $39,274.79 c. $41,274.79 d. $42,274.79 e. $37,274.79
The total dollar amount of interest the family will pay during the first 5 years of their mortgage is $41,274.79. Therefore, option C is the correct answer.
To calculate the total dollar amount of interest the Howe family will pay during the first 5 years of their mortgage, we need to consider the mortgage details and the time period.
The mortgage has a 15-year term, with monthly payments and a nominal interest rate of 4.3 percent.
To calculate the monthly payment amount, we can use the formula for the monthly payment on an amortizing loan:
P = (r * PV) / (1 - (1 + r)⁽⁻ⁿ⁾)
Where:
P = Monthly payment
r = Monthly interest rate (nominal interest rate divided by 12)
PV = Present value or loan amount
n = Total number of payments (15 years multiplied by 12 months)
Using this formula, we can calculate the monthly payment as:
P = (0.043/12 * $219,525) / (1 - (1 + 0.043/12)⁽⁻¹⁵ ˣ ¹²⁾ )
Once we have the monthly payment amount, we can determine the total dollar amount of interest paid during the first 5 years by multiplying the monthly payment by 12 months and then by 5 years.
Calculating this, we find that the total dollar amount of interest paid during the first 5 years is approximately $41,274.79. Therefore, the correct answer is C, $41,274.79.
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why have so many different methods evolved for accessing money?
Due to changing human wants and preferences throughout time, technological developments, and the advent of new financial goods and services catering to various consumer demands, there are now several ways to access money.
Many causes, including shifting customer requirements and tastes, technology development, and the appearance of new financial goods and services, can be blamed for the growth of various ways to access money. For instance, in the past, access to money was mostly dependent on real cash and bank deposits. However, consumers today have additional alternatives for accessing and managing their money thanks to the development of credit and debit cards, mobile payment applications, and internet banking. The choices for obtaining and transferring money have been further varied by the emergence of peer-to-peer payment systems and digital currencies. In the end, the evolution of various ways to access money is a reflection of the financial sector's dynamic nature and efforts to cater to the various demands of consumers.
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which situation constitutes a market failure and requires government interference?
The situation (C) "the water of Dale Lake is getting polluted due to factory wastes" is one that necessitates government interference as a result of a market failure.
This is because pollution is a negative externality, which occurs when the actions of one party have negative effects on another party without the latter receiving any compensation. In this case, the factory is causing pollution to the water of Dale Lake, which negatively affects the people who use the lake for recreational purposes or rely on it for drinking water. The factory is not paying for the damage it is causing, and therefore there is a market failure.
Government interference is needed to regulate the factory's actions and prevent further pollution of the lake.
This question should be provided as:
Which situation constitutes a market failure and requires government interference?
A) the demand for butter has decreased due to an increase in the price of margarineB) the demand for instant noodles has decreased with a rise in incomeC) the water of Dale Lake is getting polluted due to factory wastesD) teenagers are spending more hours watching televisionE) people over 40 years of age are reducing their working hoursLearn more about market failure brainly.com/question/26506407
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How do supply and demand help determine the price of a product?
A. By pressuring sellers to lower prices on products to the point that
most buyers can afford to buy them
B. By ensuring that products with a high level of demand will not
suffer from the substitution effect
C. By forcing buyers to accept higher prices so that sellers keep a
large supply of most products
D. By creating a balance between buyers who want low prices and
sellers who want high prices
Answer:
D. By creating a balance between buyers who want low prices and
Explanation:
Supply and demand help in determining the price of a product by creating a balance between buyers who want low prices and sellers who want high prices.
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame. Demand is based on preferences and tastes, which can be explained in terms of the price, advantages, profit, and other factors.
According to the law of demand, if a product's price increases while other parameters remain the same, the quantity required of the product decreases. In other words, if the price of the good rises, the total amount of demand falls. The reason for this is that if customers' opportunity costs rise, they may choose to buy something else instead or decide not to buy it at all. Really intriguing ideas are the law of demand and its exceptions.
What is supply?The quantity of goods or services a provider is willing and able to offer to the market for a given price is referred to as supply in the study of economics. Stock availability and the factors influencing the supply have an impact on the willingness and capacity to make products available to the market. A change in prices also affects the equilibrium of the market. More supplies will be available as prices rise, but the converse will occur as prices fall.
The supplier's response to shifting market pricing is explained by the law of supply. In the simplest terms, suppliers typically maximize profits by raising the number of products delivered when there is a change in the price of a specific good or service.
The market's variables must all remain consistent. Instead, when prices decline, they have a tendency to shift supply to the opposing side until equilibrium is reached.
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Ivan has inherited his grandmother’s 1963 Chevrolet Corvette (trust me this is a hot car to own – if you watched Lucifer on TV you know it), which he values at $45,000. He decides that he might be willing to sell it so he posts it on Craigslist for $55,000. Samantha is interested and willing to pay up to $72,000. Would Ivan and Samantha want to voluntarily engage in trade? How much economic surplus is created for both of them as a result of this exchange? Show your calculations. What is the total economic surplus? Explain how you arrived at this number.
This total economic surplus is arrived at by subtracting the value that Ivan put on the car before the trade, $45,000, from the highest value that Samantha is willing to pay for the car, $72,000.
Ivan and Samantha would want to voluntarily engage in trade because there is a gap between what Ivan is willing to accept for the car ($55,000) and what Samantha is willing to pay for it ($72,000).
The economic surplus created for Ivan as a result of this exchange is $72,000 (the amount Samantha is willing to pay) minus $45,000 (the value Ivan placed on the car before the exchange) = $27,000.
The economic surplus created for Samantha is $72,000 (the amount she is willing to pay) minus $55,000 (the amount Ivan is asking for the car) = $17,000.
The total economic surplus created as a result of this exchange is the sum of the individual surpluses: $27,000 (for Ivan) + $17,000 (for Samantha) = $44,000.
This difference of $27,000 is the economic surplus for Ivan, and the difference between the amount Samantha is willing to pay, $72,000, and the amount Ivan is asking for, $55,000, is the economic surplus for Samantha. The total economic surplus is the sum of the two individual surpluses.
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how to use service economy and consumer and also producer in a sentence
To use service economy and consumer and also a producer in a sentence, you could say:
"The service economy relies on both consumers and producers to drive growth, as consumers demand services and producers meet those demands through their offerings."
What is a Service Economy?The term "service economy" might apply to either of two current economic developments: The growing prominence of the service industry in developed economies.
The current Fortune 500 list includes more service businesses and fewer manufacturing than prior decades.
The service-based economy is distinguished by a dominant tertiary sector, an availability of services, a limited number of manufacturers, and the majority of service-based economies being located in first-world nations.
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Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.
Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-
After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.Indicate what impact the following transactions would have on the accounting equation, Assets = Liabilities + Equity. Transaction impact table Impact 1 Impact 2 Paid monthly note payment to bank Sold inventory on account Bought supplies, to be paid for next month Received cash from sales this month Paid for inventory purchased on account last month
Answer:
The impact of the transactions on the accounting equation, Assets = Liabilities + Equity, is as follows:
Paid monthly note payment to bank:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Bank Loan) decreases
Sold inventory on account:
Impact 1: Assets (Accounts Receivable) increases
Impact 2: Equity (Revenue) increases
Bought supplies, to be paid for next month:
Impact 1: Assets (Supplies) increases
Impact 2: Liabilities (Accounts Payable) increases
Received cash from sales this month:
Impact 1: Assets (Cash) increases
Impact 2: Equity (Revenue) increases
Paid for inventory purchased on account last month:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Accounts Payable) decreases
It is important to note that for each transaction, one side of the equation must increase and the other side must decrease in order to keep the equation in balance.
Explanation:
what should someone do if they’re in debt 
When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition, policy, value, or cause and effect) and why the claim fits this designation. Finally, provide an example of the type of evidence the author should use to best support the claim. (4 points)
Washington, D.C., should not become the 51st state, because making our nation's capital a state provides no economic benefits, nor did the Founding Fathers intend for it to ever become a state.
Answer:
im not 100% but think this is right
Explanation:
the author is making a claim of fact, because he is claiming that provides no economic benefits. im not sure about the second part