How does economics affect your life

Answers

Answer 1

Answer:

Economics affects our daily lives in both obvious and subtle ways. From an individual perspective, economics frames many choices we have to make about work, leisure, consumption and how much to save. Our lives are also influenced by macro-economic trends, such as inflation, interest rates and economic growth.

Explanation:

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Related Questions

Jesus Reyes, a manager at Singular Financial, wants to inspire and motivate his employees by reminding them of Singular's ________, which expresses what the organization wants to become. To that end, Reyes passes out laminated cards printed with its words, so each employee can carry it and refer to it during the workday. He also considered including Singular's ________ on the card, but he decided to make an inspirational poster out of it instead.

Answers

Jesus Reyes motivate his employees by reminding them of Singular's vision statements . He also considered including Singular's  mission statement.

What is A mission statement?

A mission statement is known to be a kind of a short  form of statement that talks or state why an organization is formed and also what its total goal is.

It act to identifying the goal of the firm's operations and deals with what kind of product or service it should give to the people, its primary customers or the market.

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solutions that can help a grade 12 learners to

counteract unemployment beside entrepreneurship​

Answers

Certain solutions that can help young people counteract unemployment apart from entrepreneurship are:

SportsMusic

What is entrepreneurship?

Entrepreneurship is the act of owning a business. The entrepreneur is an innovator that starts his own business using his capital for the sake of profit.

What is unemployment?

This is a state that exists in a nation where the people who are well qualified to work have no available job openings.

Young people can be active in sports, they can also be in the music and entertainment industry.

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the amount of money in a savings account is an example of which of the following?

Answers

Answer:

A liquid asset

Explanation:

The amount of money in a savings account is an example of which of the following?

A) Investment asset

B) Liquid asset

C) Long term asset

D) Use asset

If the new business will last only for the next five years, so she can take the profits from the new business for five times starting from one year from now, what is the size of the value of the new business for Janet

Answers

Based on the profits of the new business, the size of the value of the new business would be $282,860.

What would be the value of the new business?

The new business is said to make a profit of $100,000 every year and the interest rate is 3%.

The value of the new business is therefore:
= Amount x Present value interest factor of an annuity, 5 years, 3%
= 100,000 x 2.8286

= $282,860

In conclusion, the value would be  $282,860.

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how does adaptability assist a school leaver to become a successful business owner

Answers

Answer:

To create a high degree of adaptability, you should develop more meaningful business relationships with others. If you're mindful of being respectful to others or having empathy, your relationships are only bound to deepen. In other words, when people see that you care about them and their businesses and not just what they can do to help you, you may gain more success. When you help someone without expecting anything in return, something happens. You get goodwill returned to you. In other words, when someone has a need or sees an opportunity for you, they will think of you, so it pays to keep your professional relationships adaptable.

People with a high degree of versatility have specific characteristics: attentiveness, competence, and resilience. Versatile people have a vision for the future and the ability to self-correct. People who are not versatile are resistant to change and single-minded. As an example, our friend could not focus on anything more than client development.

Explanation:

Adaptability is able to help a school leaver become a successful business owner by allowing them to get used to their business's conditions fast enough.

Adaptability means being able to get used to whatever new situation you are faced with fast and in a manner that allows you to then take advantage of that situation.

A school leaver with high adaptability will get used to the situation surrounding their business fast and then use it to their advantage to make the business a success.

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Gas, water, and electricity are examples of:

Answers

Gas, water, and electricity are examples of UTILITIES

Answer:

Utilities since they are essential services

Explanation:

In contrast to the conclusions drawn from microeconomics, many economists argue that in macroeconomics, government:

Answers

Answer:

Intervention in marks can prevent or reduce the effects of adverse events on the macroeconomy

Identify the principles of internal control by selecting the correct answers below. (Check all that apply.) Multiple select question. Separate recordkeeping from custody of assets. Record assets at cost. Maintain adequate records. Establish responsibilities. Insure assets. Apply technological controls. Match revenues with expenses in the same accounting period. Perform regular and independent reviews.

Answers

From the information provided, all the options (such as Insurance of assets, regular reviews, technological controls etc) are all Principles of Internal Controls.

What are Principles of Internal Control?

The principles of internal control are the various actions that must be carried out by those responsible for corporate governance such as the Internal Auditor, to ensure that reasonable assurance is provided to the company.

Hence the various principles of internal control are:

Separate recordkeeping from the custody of assetsRecord assets at costMaintain adequate recordsEstablish responsibilitiesInsure assetsApply technological controlsMatch revenues with expenses in the same accounting period.Perform regular and independent reviews.

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After deciding to acquire a new car, you can either lease the car or purchase it on a three-year loan. The car you wish to buy costs $49,000. The dealer has a special leasing arrangement where you pay $5,100 today and $545 per month for the next three years. If you purchase the car, you will pay it off in monthly payments over the next three years at an APR of 5.3 percent. You believe you will be able to sell the car for $32,000 in three years. a. What is the present value of leasing the car

Answers

The present value of leasing the car is $23,201.76.

Present value

First step is to find the present value using financial calculator by imputing the data below:

Interest rate =5.3%/12=0.442

Payment Per month (PMT) =-$545

Time period (NPER) =3×12= 36 months

Face value(FV)=0

Present value(PV)=?

Hence:

Present value=$18,101.76

Second step is to calculate the present value of  leasing the car

Present value of leasing=Present value+Down payment

Present value of leasing=$18,101.76+$5,100

Present value of leasing=$23,201.76

Inconclusion the present value of leasing the car is $23,201.76.

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The principle of self-reference is based on the idea that people won't deviate from the overall mission of their organization if they have been imprinted with it. In a chaotic system, the managers job is to verbalize the guiding mission and

a. add rules
b. define the mission
c. establish boundaries
d. Sternly discipline employees

Answers

Answer : establish boundaries

Explanation:

In a chaotic system, the managers job is to verbalize the guiding mission and establish boundaries. Hence, option C is correct.

What is a chaotic system?

Chaos theory states that although chaotic complex systems seem random, they in fact contain underlying patterns, linkages, ongoing feedback loops, repetition, self-similarity, fractals, and self-organization.

The only constant is the unexpected, complicated, and chaotic character of life itself. Equilibrium can only happen when someone passes away. At the same time as creation, there is also destruction. Chaos is a result of a myriad factors, rendering any attempts to control it useless.

It produces at least three different types of chaos, including sandwich, horseshoe, and Lorenzian chaos. It is possible to have two chaotic governments of this type running concurrently and interacting with one another like links in a chain.

Stability and chaos are two distinct concepts. Chaotic attractors are stable by definition.

Thus, option C is correct.

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Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased
12.5% during the Xmas 2021 season. If the price elasticity of demand for the perfume is 0.9, what will happen to sales? Show
math.


I need help please

Answers

The sales of Paco Rabanne's Eau de Toilette Spray would fall by 11.25%.

What is the price elasticity of demand?

The price elasticity of demand measures the impact of price changes on the quantity demanded of good. When t the price elasticity of demand is less than 1, demand is inelastic.

Percentage change in the quantity demanded = price elasticity x percentage change in price

12.5% x 0.9 = 11.25%

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List a professional example for voicemail

Answers

Answer:  Hope this helps!

Explanation:

Thank you for calling! You have reached the office of [name], [position]. I am currently unavailable to take this call. If this is an emergency, please call my answering service at [number], which is available 24/7. You may also leave a detailed message after the tone and I will call you back as soon as I can. Thank you!

You have reached [name] [position]. Unfortunately, I can’t take your call right now. Please leave a message and include your contact details so I can get back to you as soon as possible. Thank you!

Hi! You’ve reached the office of [name] of [company name]. I’m sorry, I cannot take your call right now. Please leave your detailed message, name, and number and I will call you back as soon as I can.

If you invest 40% of your money in A and 60% in B, what would be your portfolio's expected rate of return and standard deviation? Group of answer choices 11%; 1.1% 9.9%; 1.1% 9.9%; 3% 11%; 3% None of the options are correct.

Answers

The rate of return and standard deviation is: 9.9%; 1.1%.

Rate of return and standard deviation

Rate of return:

Rate of return= (.4)(13.2) + (.6)(7.7)

Rate of return=5.28%+4.62%

Rate of return=9.9%

Standard deviation:

Standard deviation=√[(.4×1.47)² + (.6×1.10)²+ 2(.4)(.6)(.76)]

Standard deviation=1.1%

Inconclusion the rate of return and standard deviation is: 9.9%; 1.1%.

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A series of events takes place when an externality is internalized. Place the events in logical order.

Answers

Here are the sequence of events that leads to the internalization of an externality:

Widespread use of residential woodstoves affects air qualityNew regulations impose emission limits on all new woodstoves. Makers update woodstove designsThe costs of implementing the design changes are partly borne by makers and partly passed on to consumersAir quality improves as the new woodstoves come into use.

What is an externality?

Externality is when the activities of economic agents affects those not engaged in the economic activity. Externality can be positive or negative.

Negative externality is when the activities of economic agents constitute harm to third parties. Positive externality is when the activities of economic agents constitute  a benefit to third parties.

Here are the events:

New regulations impose emission limits on all new woodstoves. Widespread use of residential woodstoves affects air quality. Air quality improves as the new woodstoves come into use. he costs of implementing the design changes are partly borne by makers and partly passed on to consumers. Makers update woodstove designs

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Maria has monthly student loan payment of $350. Which of the following statements is TRUE about Maria's student loan payment?

Maria's monthly loan payment is first applied to paying down the principal balance of the loan. The remaining portion of the payment is then allocated towards paying any accrued interest

All $350 of Maria's monthly payment is applied to the principal balance of the loan. She will pay the accrued interest in a lump sum when she makes her final monthly payment on the
loan.

Maria's monthly loan payment is first applied to any accrued interest. The remaining portion of the payment is then allocated towards paying down the principal balance of the loan.

None of the above

Answers

The statement that is TRUE about Maria's student loan payment is that Maria's monthly loan payment is first applied to any accrued interest. The remaining portion of the payment is then allocated towards paying down the principal balance of the loan.

What is an amortizing loan?

An amortizing loan is a sort of debt that needs periodic payments on a regular basis.

A portion of each periodic payment is applied to the accrued interest, while the remainder is applied to the loan's principal.

Equal periodic payments are made on a completely amortized loan.

An installment loan is another name for an amortizing loan.

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If Frank is researching the number of customers who have gluten or wheat allergies, and then he begins to devise a strategy to cater to these individuals, Frank would be involved in

Answers

Frank is involved in planning if he researches the people that have wheat allergies and devises a way to cater to the people.

What is planning in business?

These are the strategies that are used in business where the manager would set objectives and goals for the company and then devise the ways that they would reach the goals they have set.

This is what Frank is doing here by setting up strategies to help cater for the individuals.

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At the beginning of the year, SnapIt had $10,000 of inventory. During the year, SnapIt purchased $35,000 of merchandise and sold $30,000 of merchandise. A physical count of inventory at year-end shows $14,000 of inventory exists. Prepare the entry to record inventory shrinkage.

Answers

The entry to record the  inventory shrinkage is: Debit  Cost of Goods sold                 $15,000; Credit Merchandise inventory $15,000 .

Inventory shrinkage

Based on the information given the appropriate journal entry to record the inventory shrinkage is:

Debit  Cost of Goods sold                 $15,000

Credit Merchandise inventory            $15,000                      

($10,000 +$35,000 - $30,000)

(To record  inventory shrinkage)

Inconclusion the entry to record the  inventory shrinkage is: Debit  Cost of Goods sold $15,000; Credit Merchandise inventory $15,000 .

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Choose the answers that best complete each sentence.

On average,
are more expensive than other kinds of postsecondary schools.

The cost of room and board includes
.

To save money, some students attend a
university in their home state

Answers

The best answers that complete each sentence are as follows:

1. On average, private universities are more expensive than other kinds of postsecondary schools.

2. The cost of room and board includes accommodation and meals.

3. To save money, some students attend a public university in their home state.

How are private universities different from public universities?

The major difference between public colleges and universities is that public universities are mainly funded by state governments, while, private colleges and universities rely heavily on students' tuition fees, alumni donations, and endowments to fund their academic programs.

For students, private universities are more expensive than public universities.

Thus, the best answers that complete each sentence have been provided.

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Answer:

four- year university

Housing and food

public

Explanation:

got it correct on edge 2022

Define the credit period

Answers

Answer:

The credit period is the number of days that a customer is allowed to wait before paying an invoice

Explanation:

This indicates the amount of working capital that a business is willing to invest in its accounts to generate sales

Companies like Uber and UPS use what type of control system to monitor employee performance and behavior? 10/10/10 program Domain Excellence Platforms 360-degree feedback Enterprise Social Networking Site Technology-mediated control

Answers

An technology-mediated control is used by companies like Uber and UPS to monitor their employee performance and behavior.

What is a technology-mediated control?

A technology-mediated control refers to a technology that allows organization's to monitor or influence their workers in other for them to behave in a manner consistent with organizational objectives.

Hence, the technology-mediated control is used to monitor employee performance and behavior while they are working.

Therefore, the Option D is correct.

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A company has budgeted total overhead at actual units produced of $10,400. The company has actual total overhead of $12,000. The controllable variance is:

Answers

Based on the information given the controllable variance is:$1,600.

Controllable variance

Using this formula

Controllable variance=Actual total overhead -Budgeted total overhead at actual units produced

Let plug in the formula

Controllable variance=$12,000-$10,400

Controllable variance=$1,600

Inconclusion the controllable variance is:$1,600.

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2. The distribution and production of goods and services is determined by the government in a command economy.

True
False​

Answers

the anwser to this question is false

Examines the overall performance of the economy?
a) socioeconomics
b) microeconomics
macroeconqunics
d) economics

Answers

option C would be the correct answer

Which of the following is not a reason that sellers allow customers to use bank (or third-party) credit cards?

a. To be able to charge customers more due to fees and interest.
b. To avoid the risk of customers not paying.
c. To speed up receipt of cash from the credit sale.
d. To increase total sales.
e. To avoid having to decide who gets credit and how much.

Answers

The option that is not part of  reason why sellers usually allow customers to use bank (or third-party) credit cards is a. To be able to charge customers more due to fees and interest.

What is Credit cards?

Credit cards  provide the line of credit so that the user can make purchases, balance transfers and/or cash advances.

However, the seller usually allow customers to use bank (or third-party) credit cards because it speeds up receipt of cash from the credit sale.

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A horizontal merger Group of answer choices is a merger between firms in the same industry. results in a trust (for example, the Standard Oil Company). is a merger between firms at different stages of production of a good. was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.

Answers

Answer:

will be deleted after 1 hour.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Tap on a clip to paste it in the text box.Welcome to Gboard clipboard, any text you copy will be saved here.Welcome to Gboard clipboard, any text you copy will be saved here.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Tap on a clip to paste it in the text box.Welcome to Gboard clipboard, any text you copy will be saved here.Welcome to Gboard clipboard, a

QUESTION 1
1. What button is used to format a table's text to make it more interesting in PowerPoint?

Answers

The format button is used to format a table's text to make it more interesting in PowerPoint.

What is the work of the Format button?

As the name suggests, the Format button is used to format the text, table, size, etc. And make more interesting in the PowerPoint, MA word, MS Excel.

The formatting button is used to make the more interesting and attractive texts, tables, pictures, etc.

Therefore, the formatting button is used to make more interesting the text of the table.

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Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: July 1, purchased 10 units for $910 or $91 per unit; July 3, purchased 15 units for $1,590 or $106 per unit; July 14, sold 20 units; July 17, purchased 20 units for $2,300 or $115 per unit; July 28, purchased 10 units for $1,190 or $119 per unit; July 31, sold 23 units. Using weighted average, the cost of goods sold for the sale of 23 units on July 31 is ____ and the inventory balance at July 31 is _____.

Answers

Using the weighted average method, the cost of goods sold for the sale of 23 units on July 31 is $2,505 (23 x $108.91) and the inventory balance on July 31 is $1,307.

What is the weighted-average method?

The weighted-average method of inventory valuation adds all the costs per period and divides this total by the number of units.

The cost of goods sold and the ending inventory costs are based on the computed average cost.

Data and Calculations:

July 1, purchased 10 units for $910 or $91 per unit;  $910

July 3, purchased 15 units for $1,590 or $106 per unit;  $1,590

July 14, sold 20 units

July 17, purchased 20 units for $2,300 or $115 per unit; $2,300

July 28, purchased 10 units for $1,190 or $119 per unit; $1,190

July 31, sold 23 units.

Total units purchased = 55 units          $5,990

The average (weighted average) cost per unit = $108.91 ($5,990/55)

Total units sold = 43

Ending inventory in units = 12 (55 - 43)

Thus, using the weighted average method, the cost of goods sold for the sale of 23 units on July 31 is $2,505 (23 x $108.91) and the inventory balance on July 31 is $1,307 (12 x $108.91).

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A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are:

Expected Return Standard Deviation
Stock fund (S) 16% 34%
Bond fund (B) 10% 25%

The correlation between the fund returns is 0.11.

Required:
a. What would be the investment proportions of your portfolio if you were limited to only the stock and bond funds and the portfolio has to yield an expected return of 12%?
b. Calculate the standard deviation of the portfolio which yields an expected return of 12%.

Answers

Based on the probability distributions of the funds and the correlation, the following is true:

Investment proportions would be 33% Equity and 67% debt. Standard deviation would be 21.16%.

What would be the Investment proportions?

The expected return can be found as:

= (Return on stock x Weight of stock) + (Return on debt x Weight of debt)

As we already have the return as 12%, we can solve the formula for weights :

12% = (16% x Weight of equity ) + (10% x Weight of debt)

12% = (16% x W of equity ) + (10% x (1 - W of equity))

12% = 0.16W + 10% - 0.1W

2% = 0.06W

W = 2% / 0.06

= 33%

Equity is 33% so Debt is 67%.

What would be the standard deviation?

= √(Weight of stock ² x Standard deviation of stock ² + Weight of debt ² x Standard deviation of debt² + 2 x standard deviation of stock x standard deviation of debt x Correlation x weight of stock x weight of debt )

= √(33%² x 34% ² + 67%² x 25%² + 2 x 34% x 25% x 0.11 x 0.33 x 0.67)

= 21.16%

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When you gather primary or secondary data, whal part of the market information management process are you
participating in?
A Market positioning
B. Market research
C. Data analysis
D. Data mining

Answers

The answer you are looking for is B

The most critical element of trust is?

Answers

Answer:

How deep your relationship is

Answer:

A. integrity. B. ability to keep confidences. C. charisma. D. communication. E. dependability.

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