The implied change in the GDP deflator from 2018 to 2019 is:
GDP Deflator in 2018: X
GDP Deflator in 2019: GDP Deflator in 2019 / 6
To calculate the implied change in the GDP deflator between 2018 and 2019, we need to use the formula:
Inflation Rate = ((GDP Deflator in 2019 - GDP Deflator in 2018) / GDP Deflator in 2018) * 100
Let's assume the GDP deflator in 2018 is X.
Given that the inflation rate is 5%, we can rewrite the formula as:
5 = ((GDP Deflator in 2019 - X) / X) * 100
Now, let's solve for the GDP deflator in 2019.
Multiply both sides of the equation by X:
5X = GDP Deflator in 2019 - X
Add X to both sides:
6X = GDP Deflator in 2019
Divide both sides by 6:
X = GDP Deflator in 2019 / 6
Therefore, the implied change in the GDP deflator from 2018 to 2019 is:
GDP Deflator in 2018: X
GDP Deflator in 2019: GDP Deflator in 2019 / 6
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stewart county school district is about to raise funds for a new school through a bond issue. the plan is to raise $3,475,000 with a 3.15% coupon, 12-year bond. the underwriter indicates the bonds will be sold at a price of $100.65 per $100. the yield to maturity on the bond is:
The calculated yield to maturity is approximately -0.9643 or -96.43%.
To calculate the yield to maturity (YTM) on a bond, we need to consider the coupon rate, bond price, and the bond's remaining term.
Given:
Face Value of the Bond (FV) = $100Coupon Rate = 3.15%Bond Price = $100.65Remaining Term = 12 yearsTo calculate the yield to maturity, we can use financial functions or approximation methods. Here, we'll use an approximation method:
Step 1: Calculate the annual coupon payment:
Coupon Payment = Coupon Rate * Face ValueCoupon Payment = 3.15% * $100Coupon Payment = $3.15Step 2: Calculate the total cash inflow from the bond over its remaining term:
Total Cash Inflow = (Annual Coupon Payment * Number of Years) + Face ValueTotal Cash Inflow = ($3.15 * 12) + $100Total Cash Inflow = $37.80 + $100Total Cash Inflow = $137.80Step 3: Calculate the yield to maturity using the bond price and total cash inflow:
\(YTM = (Total Cash Inflow / Bond Price) ^{ (1 / Remaining Years) - 1\)\(YTM = ($137.80 / $100.65) ^ {(1 / 12) - 1\)\(YTM = 1.3708 ^ {(1 / 12) - 1\)YTM = 0.0357 - 1YTM = -0.9643The calculated yield to maturity is approximately -0.9643 or -96.43%.
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Chandler and Joey have ordered 1 large cheese pizza with 8 slices.
(a) Describe 2 different ways the pizza can be split that would be Pareto Efficient.
(b) Can Chandler and Joey move from 1 allocation of pizza described in part (a) to the other allocation described in part (a) while being Pareto improving? Explain.
(c) How else might Chandler and Joey construct a Pareto improving pizza transaction? Explain.
(d) How does your answer to part (b) illustrate the outcome of perfectly competitive markets? Explain.
The concept of Pareto efficiency is an economic concept used to describe a situation where no one can be made better off without making someone else worse off. In this scenario, Chandler and Joey have ordered a large cheese pizza with 8 slices, and the question is asking for different ways to split the pizza that would be Pareto efficient.
(a) There are many different ways to split the pizza that would be Pareto efficient. Two possible ways are:
Chandler and Joey each get 4 slices of pizza.
Chandler gets 6 slices of pizza, and Joey gets 2 slices of pizza.
In both of these allocations, it is not possible to make one person better off without making the other person worse off. This means that they are Pareto efficient.
(b) Chandler and Joey cannot move from one allocation of pizza described in part (a) to the other allocation described in part (a) while being Pareto improving.
This is because in order for one person to get more pizza, the other person must get less pizza, which means that the other person would be worse off. Therefore, any move from one allocation to the other would not be Pareto improving.
(c) Chandler and Joey could construct a Pareto improving pizza transaction by bringing in a third party who is willing to trade something of value for a portion of the pizza. For example, if Monica has ordered a small cheese pizza with 4 slices, Chandler and Joey could trade 2 slices of their large cheese pizza for 2 slices of Monica's small cheese pizza.
This would be Pareto improving because both Chandler and Joey would be better off with 6 slices of large cheese pizza and 2 slices of small cheese pizza, while Monica would be better off with 2 slices of large cheese pizza and 2 slices of small cheese pizza.
(d) The answer to part (b) illustrates the outcome of perfectly competitive markets because in a perfectly competitive market, the allocation of resources is already Pareto efficient. This means that it is not possible to make one person better off without making someone else worse off.
In this case, the allocation of pizza slices is already Pareto efficient, which means that it is not possible to make one person better off without making the other person worse off. This is similar to the situation in a perfectly competitive market, where resources are allocated efficiently and it is not possible to make one person better off without making someone else worse off.
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predict the product, if any, of reaction between methyl propanoate and li(ph)2cu in ether.
Predict the product,if any, of the reaction between propanoyl chloride and the following reactants (a) Li(Ph)2Cu in ether propanoate metnus. PROPANAMIDE.
The reaction product is 1-propanol both reduction reaction products are shown below.Carbon atoms are numbered for clarity.Lithium aluminum hydride is a strong reducing agent. It will reduce esters to alcohols. Sodium borohydride is milder compared to lithium aluminum hydride and will not reduce esters. When dehydration is carried out, an ether will be formed. This reaction,if precipitation is expected, write a balanced net ionic equation for the reaction of potassium sulfate and barium nitrate.
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estimation of a regression to explain direct materials cost by using direct labor costs as the independent variable is an example of a(n) blank .
Estimating a regression model to explain a dependent variable (such as direct materials cost) using an independent variable (such as direct labor cost) is an example of linear regression analysis.
Linear regression models assume a linear relationship between the dependent and independent variables and seek to estimate the slope and intercept of the linear equation that best fits the data. This can help in understanding the relationship between the variables and predicting future values of the dependent variable based on the independent variable.
Linear regression is widely used in various fields, including finance, economics, and social sciences, to analyze the relationship between variables.
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How does a MNC reconcile a corporate culture (in the home country) that is fundamentally at odds with the national cultures in all the countries into which it would like to expand?
MNCs should strive for cultural sensitivity, adaptation, open communication, localization, leadership, and training. By embracing and valuing cultural differences, MNCs can build a more inclusive and successful global organization.
Reconciling a corporate culture that is fundamentally at odds with the national cultures in the countries of expansion can be a complex challenge for a multinational corporation (MNC). Here are some strategies that MNCs can employ to address this issue:
1. Cultural sensitivity and adaptation: MNCs need to be sensitive to the cultural differences and nuances of each country they operate in. They should invest in understanding the local culture, values, customs, and business practices. This enables them to adapt their corporate culture to be more inclusive and respectful of the local culture while still maintaining core values and principles.
2. Localization of practices: MNCs can consider localizing certain practices and policies to align better with the national cultures in each country of operation. This may involve modifying HR practices, communication styles, decision-making processes, and management approaches to fit the local context while maintaining the overarching corporate framework.
3. Open communication and collaboration: Fostering open communication channels and collaboration across different cultures is vital. MNCs should encourage dialogue, feedback, and knowledge sharing among employees from diverse cultural backgrounds. This helps build mutual understanding, trust, and a shared sense of purpose.
4. Leadership and role modeling: Effective leadership plays a critical role in bridging cultural gaps. MNC leaders should be culturally competent and act as role models by demonstrating inclusivity, respect for diversity, and a willingness to learn and adapt. This sets the tone for employees to embrace and appreciate cultural differences.
5. Training and development: Providing cross-cultural training and development programs to employees can enhance their cultural awareness, sensitivity, and competence. This equips them with the necessary skills to navigate and reconcile cultural differences in the workplace effectively.
6. Leveraging diversity: MNCs can view cultural diversity as a strength and actively promote the exchange of ideas, perspectives, and best practices from different cultures. By leveraging the diverse talents and experiences of their workforce, MNCs can foster innovation and adaptability to local markets.
In summary, reconciling a corporate culture that clashes with national cultures requires a thoughtful approach. MNCs should strive for cultural sensitivity, adaptation, open communication, localization, leadership, and training. By embracing and valuing cultural differences, MNCs can build a more inclusive and successful global organization.
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When companies adopt the strategy formulation, strategy execution process, the first step is to Group of answer choices develop a strategic vision, mission, and values. execute the company's chosen strategy efficiently and effectively. adopt a proven business model, decide on the company's top management team, and craft a strategy. set objectives and develop a profitable business model to meet those objectives. monitor internal and external developments and initiate corrective adjustments to the business model when necessary.
Answer:
develop a strategic vision, mission, and values.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
On a related note, when companies adopt the strategy formulation, strategy execution process; the first step is to develop a strategic vision, mission, and values that would effectively and efficiently help it in achieving its aim, goals, objectives, and procedures in order to enhance the survival, growth, and overall effectiveness of a business firm.
In this circular flow example, the ________________ (according to the animation in lesson 3) is the $2.00 average price.
Therefore, the missing term in the question might be "market price" or "equilibrium price." The market price represents the average price at which households are willing to pay for a good or service, and firms are willing to supply that good or service at that price.
In the circular flow model, there are two sectors: households and firms. Households provide factors of production, such as labor and capital, to firms, while firms produce goods and services to be consumed by households. In return for their factors of production, households receive income from firms.
The interaction between households and firms takes place in the product market and the factor market. In the product market, households purchase goods and services from firms, and firms receive revenue from households. In the factor market, households provide factors of production to firms, and firms pay wages, rent, and other forms of income to households.
The market price, or equilibrium price, represents the price at which the quantity demanded by households equals the quantity supplied by firms. It is determined by the interaction of supply and demand in the market. When the market price is $2.00, it means that, on average, households are willing to pay $2.00 for a particular good or service, and firms are willing to supply that good or service at that price.
The missing term in the question might be "market price" or "equilibrium price." The market price represents the average price at which households are willing to pay for a good or service, and firms are willing to supply that good or service at that price.
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organization formed mainly by traders and manufacturers to cater for the interest of their members is
Answer:
A trade association
Explanation:
A trade association is an organization or a group founded by businesses in the same industry. A trade association is created to assist in coordinating activities that improve the welfare of its members. By uniting in an association, firms can lobby for a better business environment from the government.
A trade association allows members to bond and network. It presents an opportunity for members to strategize and exchange important business information.
Kevin is preparing a comparative market analysis (cma) on a commercial net leased office property that has 100% occupancy and income of $67,000, with expenses of $22,000 and a management fee of 5% of the gross income. the property is assessed by the municipality at $575,000. if kevin considers a 9% rate of return to be reasonable for this income property, what would kevin recommend as the listing price?
An extensive study on the current worth of a home is a comparative market analysis (CMA). It is created by real estate experts after researching the prices paid for similar houses nearby.
A comparison of markets is created by whom?Software is frequently used by brokers and real estate agents to create thorough and appealing CMA reports. If you want to make your own, keep track of your research in a spreadsheet or utilize an online home-price calculator provided by a real estate listing website.
Who carries out a CMA?A CMA is normally completed by a real estate agent with the appropriate licensing, and the cost of having one prepared for your home might vary. While the majority of agents offer free CMAs, some could levied a modest fee.
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the product/service component of the feasibility study typically includes which of the following aspects?
The product/service component of a feasibility study typically includes aspects such as market analysis, product/service description, competitive analysis, pricing strategy, and potential customer demand.
The product/service component of a feasibility study focuses on evaluating the viability and potential success of the proposed product or service. It involves several key aspects that need to be assessed and analyzed.
Market analysis is an essential part of the product/service component. It involves evaluating the target market, identifying potential customers, understanding market trends, and assessing market demand. This analysis helps determine the market potential for the product or service.
A thorough product/service description is necessary to provide a clear understanding of what the offering entails. This includes detailing its features, benefits, unique selling points, and any intellectual property rights associated with it.
Competitive analysis examines the existing competition in the market. It involves identifying direct and indirect competitors, analyzing their strengths and weaknesses, and assessing the market share they hold. This analysis helps identify opportunities and challenges in the competitive landscape.
Pricing strategy is another crucial aspect. It involves determining the appropriate pricing model for the product or service, considering factors such as production costs, market demand, competition, and perceived value.
Assessing potential customer demand is essential to understand the target audience's needs, preferences, and willingness to adopt the product or service. This analysis helps gauge the market's acceptance and the potential customer base.
By evaluating these aspects within the product/service component, a feasibility study aims to assess the viability and potential success of the proposed offering, providing valuable insights for decision-making and future planning.
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The product/service component of the feasibility study should include which of the following aspects?
A. Stage of development
B. Competition
C. Market penetration
D. Cost forecast
Making a complaint to the FTC about a business is a long, complex process.
A.
True
B.
False
Answer:
B false
Explanation:
Answer:
b. false
explantation
1-A sunk cost is defined as the most valuable alternative that is given up if a particular investment is undertaken.
Group starts True or False
2- Depreciation (CCA) tax shield is defined as the tax saving that results from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
Group starts True or False
3- In Canada, depreciation for tax purposes is called ___________.
Multiple Choice
Depreciation for tax purposes.
Modified accelerated cost recovery.
Capital cost allowance.
Decelerated appreciation.
Accelerated depreciation.
4- Opportunity cost is defined as a cost that has already been incurred and cannot be removed and therefore should not be considered in an investment decision.
Group starts True or False
1- False. A sunk cost is not defined as the most valuable alternative that is given up if a particular investment is undertaken.
2- True. The Depreciation (CCA) tax shield is indeed defined as the tax saving resulting from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
3- Capital cost allowance. In Canada, depreciation for tax purposes is referred to as capital cost allowance.
4- False. Opportunity cost is not a cost that has already been incurred and cannot be removed. It refers to the value of the next best alternative that is forgone when making a decision.
1- A sunk cost is a cost that has already been incurred and cannot be recovered. It is independent of future decisions and should not be considered in investment decisions.
2- The Depreciation (CCA) tax shield refers to the tax benefit received due to the deduction of depreciation expenses. It is calculated by multiplying the depreciation amount by the corporate tax rate.
3- In Canada, the term used for depreciation for tax purposes is "Capital Cost Allowance" (CCA). It represents the deduction allowed for the wear and tear, obsolescence, or depreciation of capital assets.
4- Opportunity cost refers to the value of the next best alternative that is forgone when choosing one option over another. It is a crucial factor in decision-making and should be considered when evaluating the potential benefits and drawbacks of different choices.
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How important do you think focus groups are to the eventual success of a new product?
Answer:
Yes
Explanation:
Focus groups help businesses learn what their customers think, enabling strategic decision-making focused on their target market's true wants and needs
Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
How much will Gianna earn in interest? What amount will she have at the end of the time period?
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Olivia is really good at working with computers and has been helping at her mom's company by setting up and maintaining the employee's computers. Which pathway of the Information Technology cluster would be a possible future career for her? Question 2 options: Information Support and Services Network Systems Programming and Software Development Web and Digital Communications
Answer: Information Support and Services
Explanation:
The information support and services personnel covers the following job specification; information technology deployment which entails the implementation of computer systems and software, database management, provision of technical assistance related to computer systems and managing of information systems.
Since Olivia is able to set up her mother's computer network in her business, she can look into Information Support and Services because it covers the field for that
QUICKLY PLEASE ITS TIMED!!!!
Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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Sergey's boss has very strong opinions and often frowns upon questions from the team. this creates an environment where everyone just agrees with the boss's decisions without questioning them. what is this called? question 14 options: consensus critical thinking groupthink group dynamics
An environment where everyone just agrees with the boss's decisions without questioning them is called: groupthink.
What is the decision-making process?The decision-making process simply refers to a cognitive process that involves gathering and analyzing information, as well as evaluating alternative courses of action, in order to enable the proper selection of an optimum and higher-quality solution to a particular problem.
What is a groupthink?A groupthink can be defined as a psychological practice which involves thinking or making decisions as a group of people, that typically results in an unchallenged, irrational, weak, poor-quality, or dysfunctional decision-making due to their desire for harmony, conformity and unanimity.
In this context, we can reasonably infer and logically deduce that Sergey's team are engaged in a groupthink because they all agree with their boss's decisions without questioning or challenging them.
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Answer:
groupthink
because i took the test
Which situation best reflects the concept of free enterprise?
Explanation:
Which situation best reflects the concept of free enterprise? Free enterprise is the competition between businesses. So consumers have a choice between bakeries in a single city block.this form will be sent to Lily by the end of January. She will use this form to...
Answer:
\(\large\colorbox{white}{File her income taxes}\)
Explanation:
\(\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}\)
\(\large\colorbox{lime}{Xxᴊᴀsʜ13xX}\)
Jamal and keisha are considering entering into an agreement to trade tasks. how can specialization of labor benefit jamal and keisha? check all that apply. jamal can specialize in washing cars, because he has the comparative advantage. keisha can specialize in washing cars, because she has the comparative advantage. specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days. specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days. specialization allows them to earn more money.
The ways in which specialization of labor can benefit them would be: Keisha can specialize in washing cars because she has a comparative advantage.
What is Specialization of Labor?Specialization of Labor is a division of labor that involves breaking down activities into a simpler set of tasks so that each participant participates hand in hand and no individual is being overworked, and to promote efficiency.
From the given information, the correct options are:
Keisha can specialize in washing cars because she has a comparative advantage.Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.Specialization allows them to earn more money.Learn more about specialization here:
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Answer:
B C E
Explanation:
HELPPPPPPP
Channels of mass
communication.
✓
bait and switch
bandwagon
ceremonials
commercial advertising
direct-mail advertising
endorse
hidden catches
infomercials
media
testimonial
want ads
Answer:
Ok?
Explanation:
A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given up in the production of another good.
Answer:
production possibilities curve (PPC)
Explanation:
The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.
barter​ ______ a means of payment. when trading on​ e-bay, barter​ _______.
Barter is a means of payment. When trading on eBay, barter is not typically used as payment, as the platform primarily facilitates transactions using money.
Barter is a system of exchange where goods or services are directly traded for other goods or services without the use of money. It is a primitive method of payment that was commonly used before the invention of currency.
While barter is still used in some communities and situations, it is not a widely accepted means of payment in most modern economies. On eBay, buyers and sellers typically use money to facilitate transactions, although they may negotiate on price or exchange other goods as part of the transaction.
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As a sole proprietor, what are the ways in which you can raise money to establish your business, and make it grow?
Answer:
Take out a small business loan.
Explanation:
A small loan is a way, based on your credit, to establish a way to raise money.
At December 31, 2017, Mallory, Inc., reported in its balance sheet a net loss of $12 million related to its postretirement benefit plan. The actuary for Mallory at the end of 2018 increased her estimate of future health care costs. Mallory's entry to record the effect of this change will include: Group of answer choices A debit to Post-retirement benefit expense and a credit to APBO. A debit to Loss-OCI and a credit to APBO. A debit to APBO and a credit to Loss-OCI. A debit to Post-retirement benefit expense and a credit to Loss-OCI.
Answer:
A debit to Loss-OCI and a credit to APBO
Explanation:
When the net loss is reported on the balance sheet with respect to the postretirement benefit plan also the cost of the future health care is rise so the impact of the change would be that the other comprehensive income i.e. OCI would be debited while on the other hand the accumulated post benefit obligation would be credited
therefore the second option is correct
Assessment 1: How can you search for your expected job
effectively?
Assessment 2: Choose a topic and submit a short research paper
(4 pages for maximum)
Assessment 1: How can you search for your expected job effectively? Here are some ways that can help you to search for your expected job effectively: Start by researching about the companies you are interested in, you should check their website, LinkedIn profile, social media accounts, and other relevant sources of information.
This will give you an idea of their work culture, job vacancies, and job descriptions. Update your resume and include all relevant skills, experiences, and achievements that are related to the job you are applying for. Also, take advantage of job search engines and job portals, and make use of relevant keywords when searching for a job. Check local job fairs and attend events to make new connections and meet recruiters and hiring managers.
Assessment 2: Choose a topic and submit a short research paper (4 pages for maximum)When selecting a topic for a research paper, it is important to choose a subject that is interesting, relevant, and has enough information available to complete the project. Here are some steps that can help you choose a topic for your research paper:
Step 1: Brainstorm ideas and write down anything that comes to mind that interests you.
Step 2: Review your list and cross out any topics that you are not passionate about or do not have enough information on.
Step 3: Narrow down your list to your top three choices.
Step 4: Research each topic to see if there is enough information available.
Step 5: Once you have selected a topic, create a thesis statement that will guide your research and writing.
A 4-page research paper would typically include an introduction, background information, a thesis statement, several body paragraphs, a conclusion, and a list of references. It is important to properly cite any sources that you use in your research paper and to proofread your work for errors. A 4-page research paper would contain approximately 800 words.
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The Natural rate of unemployment is: A. Structural unemployment rate plus frictional unemployment rate. B. The actual rate minus the cyclical rate C. A and B Leaning towards A
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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true or false: 400,000 people are seriously injured in car crashes each year.
Answer:
True
Explanation:
400,000 people are seriously injured in car crashes each year.