If we are examining the impact of job training for 18-24 year olds and their future income level this would be studying. A
macroeconomics. B
microeconomics
Answers
The impact of job training on the income level of a specific age group (18-24-year-olds) is a microeconomic issue because it focuses on the individual decision-making and behavior of this particular group, rather than the broader economic factors that are typically examined in macroeconomics.
Microeconomics is a branch of economics that focuses on how individual consumers, firms, and industries make decisions and allocate resources in a market economy. In the context of business, microeconomics helps managers and entrepreneurs understand the behavior of customers, competitors, and suppliers, and make informed decisions about production, pricing, and investment.
Microeconomic analysis can provide insights into a range of business issues, including how to set prices to maximize profits, how to allocate resources efficiently, how to respond to changes in market conditions, and how to identify new opportunities for growth. It also helps managers to understand the impact of government policies, such as taxes and regulations, on business operations.
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Related Questions
Which of the following would be an advantage of engaging in international
trade over domestic trade?
A. Higher cost of production due to higher labor costs
B. Larger growth opportunities based on market size
C. Clear understanding of laws and statues concerning business
operations
D. Less choice for consumers because of fewer products
Answers
Answer:
B. Larger growth opportunities based on market size
Explanation:
Took the test and guessed it correctly
1. Which of the following courses in high school would be most helpful for a person wanting a
(1
career in finance?
Obiology
O accounting
O French
O debate
Answers
Accounting is the course which will be most helpful.
Accounting is one of the courses that are offered in high school along side others courses such as Business management, Consumer education, Entrepreneurial skills and so on in the "business section".
Finance means the act of managing of money by individuals, governments or large companies. individual with this skills are highly sought for to help the organization manage its resources effectively.In conclusion, Accounting teaches a wide range of money management skills, how to record transaction for future purpose, so, the most helpful course for a person wanting a career in finance is "Accounting"
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Savannah is a middle school student who is eager to start earning her own money. She would like to start babysitting, but her parents said that she must wait until she turns fourteen. With her fourteenth birthday fast approaching, she decided to complete a first aid course and take babysitting classes offered at her local community center. She has also printed up flyers to give to families with small children in her neighborhood. Savannah is excited to soon be making money of her own. What advice would you give her about managing the money she will earn?
Answers
Answer:
Don't spend your money too quickly.
Explanation:
Don't go off buying any and everything you see. Manage your money responsibly.
The supplies account had a balance of $4,200 at the beginning of the year and was debited during the year for $2,520, representing the total of supplies purchased during the year. If $299 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is
Answers
The supplies expense to be reported on the income statement for the year is $6,421. When we need to report the supplies expense for the year, we have to ensure that the information provided is correct. There are a few things that we need to consider when finding the expense for the year.
The information we are given is: the supplies account had a balance of $4,200 at the beginning of the year and was debited during the year for $2,520, representing the total of supplies purchased during the year. If $299 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is.
Therefore, to calculate the supplies expense for the year, we first need to find the cost of the supplies purchased during the year. This can be found by subtracting the beginning balance of the supplies account from the total of supplies purchased during the year.$2,520 - $4,200 = -$1,680The result is a negative number, which indicates that the company did not use all of the supplies purchased during the year. This makes sense since $299 of supplies are on hand at the end of the year. Therefore, the supplies expense for the year is the cost of supplies used during the year. We can find this by subtracting the value of the supplies on hand at the end of the year from the total cost of supplies purchased during the year.$2,520 - $299 = $2,221 Therefore, the supplies expense to be reported on the income statement for the year is $2,221. However, we also need to add the beginning balance of the supplies account to this amount to get the total supplies expense for the year.$2,221 + $4,200 = $6,421 Therefore, the supplies expense to be reported on the income statement for the year is $6,421.
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What is meant by internet?
Answers
Answer:
internet is a vast computer network providing communication and information throughout the world and it is easily accessible nowadays ❤️
what is internet?.
the internet can be defined as network of networks.
A person has $120 to spend on two goods (x and y) whose respective prices are $3 and $5 per unit. (a) Draw the budget line showing all the different combinations of the two goods that can be bought with the given budget. (b) What happens to the budget line if the budget (money available to spend) falls by 25%. (c) What happens to the budget line if the price of good x doubles? (d) What happens to the budget line if the price of good y falls to $4?
Answers
Answer:
Price of good x is $3
Price of good y is $4
What is your opinion on traditional directed government benefits versus
universal income?
Answers
Answer:
I believe that a form of universal income would be a better policy than the traditional directed government benefits or welfare.
Explanation:
This is because the idea of the universal income would be to replace the welfare programs, by giving people a reasonable amount of money so that they can decide by themselves in what utilities or amenities to spend that money.
Programs with poor incentives like food stamps, or inefficiently run public-programs, could be replaced by universal income without causing harm to ther beneficiaries, and possibly even generating more benefit.
BUSINESS 1. Explain five advantages a firm would enjoy by engaging in prize winning competition as a method of sales promotion.
Answers
Answer:
I hope my answer is good!
1- Increased brand awareness: Prize-winning competitions can generate a lot of buzz and excitement, which can lead to increased brand awareness and visibility for the company.
2- Increased sales: By offering a prize, companies can incentivize customers to purchase their products or services, resulting in increased sales.
3- Customer engagement: Prize-winning competitions can also help companies to engage with their customers, as they are more likely to participate in the competition if there is a chance to win a prize.
4- Cost-effective: Prize-winning competitions can be a cost-effective way for companies to promote their products or services, as the cost of the prizes can be less than the cost of traditional forms of advertising.
5- Consumer data collection: Prize-winning competitions can also help companies collect valuable data on their customers, such as contact information, demographic information, and purchasing habits.
Answer: creates new things
Explanation:
creates word of mouth
creates a reason to ,creates a focused marketing approach, creates great revenue, creates a source of information
Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answers
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
If communications have been correctly established, the incoming IC should be able to handle communications such as change in Command Post location and:
Answers
Yes, if communications have been correctly established, the incoming IC (Incident Commander) should be able to handle various types of communications, including:
Change in Command Post location: The IC should be able to receive information about a change in the location of the Command Post, which serves as the central coordination point for incident management. They can then communicate this change to relevant personnel and ensure that everyone is aware of the new location.
Updates on incident status: The IC should receive updates regarding the current status of the incident, including any changes in the situation, progress made, challenges faced, or resources needed. This allows the IC to stay informed and make informed decisions accordingly.
Requests for additional resources: If the IC determines that additional resources are required to manage the incident effectively, they can communicate these needs to the appropriate authorities or agencies. This may include requesting additional personnel, equipment, supplies, or specialized support.
Emergency information dissemination: The IC should be able to disseminate important emergency information to various stakeholders, such as emergency responders, support agencies, public information officers, and the public. This can include evacuation notices, safety instructions, road closures, or any other critical information related to the incident.
Coordination with external agencies: The IC may need to communicate and coordinate with external agencies, such as law enforcement, fire departments, medical services, public works, or utility companies. This ensures a collaborative response and facilitates the sharing of resources, expertise, and information.
Decision-making and strategy updates: As the situation evolves, the IC may need to communicate updates on incident objectives, strategies, and tactical plans to ensure that all personnel are aligned and working towards the same goals.
Effective communication is crucial in incident management to ensure the smooth flow of information, coordination of resources, and timely decision-making.
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franchises will generally have higher ____, but they offer ongoing support and training.
Answers
Franchises will generally have higher direct financing but they offer ongoing support and training.
What is the meaning of financing?Finance is the study and practice of money, money-related instruments, and capital assets. It is associated with economics, which refers to the study of the creation, transfer, and consumption that money, assets, goods, and services, but it is not the same as economics.
The process of raising capital or finances for any type of spending is known as financing. It is the act of directing various financial resources—such as credit, loans, and invested capital—to those parts of the economy that need them most or can use them most effectively.
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if i spend 20 dollars and gain it back is it a profit
Answers
To get profit it must be more than what you spent on something
To create strong partnering relationships, marketing channel members must develop mutual trust, openly communicate, have common goals, recognize the benefits of interdependence, and:.
Answers
It is important that members of marketing channel develop the willingness to invest in each other's success to create strong partnering relationships.
Who are members of marketing channel?In a marketing channel, these member are the individuals that help the producer to channel their products to consumers.
The members of marketing channel includes a wholesales, retailers, agent etc.
In conclusion, these member must always be willing to invest in each other's success to create strong partnering relationships.
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describe how net profit of a business is calculated?
Answers
Answer:
u must work out the total cost and variable cost and add them up, then you must count all your sales and figure out ur revenue. then u do ur total revenue minus ur total costs
mark as brainliest
The formula to calculate profit is: Total Revenue - Total Expenses = Profit. Profit is determined by subtracting direct and indirect costs from all sales earned. Direct costs can include purchases like materials and staff wages. Indirect costs are also called overhead costs, like rent and utilities.
For businesses, profit is often calculated by profit margin formula:follow me nice business
Which of the following should be used to establish baseline
performance for the restaurant?
All the above
average check
meal duration
seat occupancy
RevPASH
Answers
All of the above options should be used to establish baseline performance for the restaurant.
Establishing baseline performance for a restaurant involves measuring and analyzing various factors that contribute to its overall performance.
The options provided, including average check, meal duration, seat occupancy, and RevPASH (Revenue Per Available Seat Hour), are all important metrics that can be used to establish this baseline.
Average check refers to the average amount spent by each customer during a meal.
It helps in understanding the revenue generated per customer and can indicate the pricing strategy and customer spending patterns.
Meal duration measures the average time customers spend at the restaurant. It provides insights into the efficiency of service, table turnover rate, and customer satisfaction.
Seat occupancy indicates the percentage of occupied seats during a specific period. It reflects the restaurant's capacity utilization and can help identify peak and off-peak periods.
RevPASH calculates the revenue generated per available seat hour. It takes into account both seat occupancy and the revenue generated, providing a comprehensive performance metric.
By considering all of these factors, a restaurant can establish a comprehensive baseline for its performance, allowing for comparison and analysis over time.
These metrics provide valuable insights into different aspects of the business and help in identifying areas of improvement and growth opportunities.
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Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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Which option identifies the component of the SMART objective (specific, measurable, attainable, realistic, and time-bound) missing from the following scenario?
Half-hour video interviews will be conducted with each veteran, discussing his or her service in World War II.
The benchmark indicating whether the objective is attainable is missing (attainable).
The benchmark indicating whether the objective is doable is missing (realistic).
The benchmark indicating specifics within the objective is missing (specific).
The benchmark indicating when the objective will be complete is missing (time-bound).
Answers
Answer:
A- The benchmark indicating when the objective will be complete is missing (time-bound).
Explanation:
Took the Quiz, was right. My bro above helped me.
Trust moi.
Hope this helps <3
These hotels are cater primarily to ___________ travelers.
Answers
answer
Resort hotels cater primarily to leisure travelers. The rack rate refers to the lowest price a hotel will charge for a room. Usually, the better the hotel's location, the higher the price.
The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration
Answers
Answer:
B. Management.
Explanation:
Management can be defined as the process of controlling and making decisions about a business.
The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.
Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.
Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.
The pipe located underneath Jiro’s kitchen sink was leaking and he did not know how to fix it. He called a plumber who agreed to come fix the leaking pipe in exchange for $125 plus the cost of any parts. The plumber went to Jiro’s home, removed the old pipe that was leaking, and replaced it with a new pipe that the plumber brought with her. When the plumber was finished, she told Jiro that the total cost was $140 and Jiro promptly paid her. Was this a voluntary exchange? Why or why not?
A
Yes, because both parties willingly entered the exchange and benefited from it.
B
Yes, because one party exchanged money with another party for a good or service.
C
No, because Jiro was not aware of the final cost before he agreed to the exchange.
D
No, because the plumber’s service was not equal in value to the money paid by Jiro.
Answers
Answer:
A
Explanation:
It’s not b
The given statement clearly states that it was a voluntary exchange because both parties willingly entered the exchange and benefited from it. Hence, Option A is correct.
What is a voluntary exchange?
Buyers and sellers engaging in market exchanges voluntarily and freely is known as voluntary exchange. A basic tenet of both classical and neoclassical economics, which serve as the foundation for modern mainstream economics, is voluntary exchange.
A transaction when two persons freely exchange products or services is referred to as a voluntary exchange. This happens in a market economy, a form of economy where both parties to an interaction benefit from it and come out ahead than they did before.
Given that both parties entered the voluntary exchange and benefited from it, it is apparent that the transaction was voluntary.
Therefore, Option A is correct.
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a unique aspect of occupational fraud is: multiple choice the misuse of company assets the falsification of financial statements the failure to disclose full and complete information the failure to resolve conflicts of interest
Answers
A unique aspect of occupational fraud is the failure to resolve conflicts of interest.
While other forms of fraud such as the misuse of company assets or the falsification of financial statements are more commonly known, conflicts of interest are often overlooked as a source of fraud.
Conflicts of interest occur when an individual's personal interests or relationships interfere with their ability to act in the best interests of their employer.
This can lead to a variety of fraudulent activities such as the awarding of contracts to friends or family members, the manipulation of financial data to benefit a personal investment or the acceptance of gifts or favors in exchange for business decisions.
Addressing and preventing conflicts of interest is an important step in creating a culture of integrity within an organization and reducing the risk of occupational fraud.
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problems of the public sector provisioning
Answers
Answer:
erms in this set (6)
lack of accountability. nepotism, corruption, incompetence.
Inefficiency. Bureaucracy. ...
Difficulty in assessing needs. prone to under-or over-supplying public goods.
Pricing policy. prices can be over or under valued.
Parastatals. inefficient and in need of bailouts.
Privatisation.
Explanation:
Have a nice day, honey. ^_^ ^﹏^
Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
Answers
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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Describe how much you would pay in taxes as a self-employed worker. Explain why this is the case.
Answers
Answer:
Self-employment tax is the tax that a small business owner must pay to the federal . The self-employment tax is to be paid by workers who are considered self-employed
Explanation:
The tax rate for self-employment is 15.3 percent.
Self-employment tax.Individuals working for themselves are subject to the self-employment tax, which is made up of Social Security and Medicare levies. It's comparable to how most wage earners' U.s. Social security taxes are deducted from their salary.
Self-employed workers must pay the same federal taxes as the rest of the population.
The difference would be that they don't have an employer who will deduct money from their salary and submit it to the IRS, or who will share the responsibility of paying Medicare And social Security taxes with them.
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According to the OOH, what educational, training, certification, or licensing requirements do Physicians and Surgeons need? Check all that apply.
medical school
volunteer work
internship and residency program
a public-speaking certification
license
Answers
Answer:
There are actually 3 answers to this question.
A. medical work
C. internship and residency program
E. license
Hope this helps :)
Explanation:
The U.S. Bureau of Labor Statistics, the educational, training, certification, or licensing requirements for Physicians and Surgeons include:
Medical school:
Internship and residency program
License
The correct options are A, C, and E.
What is the difference between being a licensed and certified PA?Even while some jurisdictions define certification as having governmental authorization to perform a profession, the distinction between licensing and certification really only refers to the difference between governmental regulation and self-regulation of a field.
Physicians and Surgeons typically need a Doctor of Medicine (M.D.) or Doctor of Osteopathic Medicine (D.O.) degree from an accredited medical school. After completing medical school, physicians and surgeons typically complete an internship and residency program that lasts 3 to 7 years, depending on the specialty.
Physicians and Surgeons must be licensed in the state where they practice medicine. To obtain a license, they must pass a state-specific exam and meet other requirements, such as completing continuing education courses.
Thus, the ideal selections are options A, C, and E.
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Senator Brown wants to increase taxes on people with high incomes and use the money to help the poor. Senator Johnson argues that such a tax will discourage successful people from working and will therefore make society worse off. An economist would say that
Answers
Answer:
a good decision requires that we recognize both viewpoints
Explanation:
Based on this information it can be said that an economist would most likely state that a good decision requires that we recognize both viewpoints. That is because every decision will affect everyone, but some individuals will be affected positively while others will be affected negatively. Therefore trying to recognize the viewpoint of both sides will allow for decisions that are as fair as possible to both sides.
Which of the following sources of marketing career information will give you
both a deeper understanding of a specific marketing career and hands-on
experience?
O A. An internship
B. A marketing-related blog
C. The Bureau of Labor and Statistics' Occupational Outlook
Handbook
O D. An online marketing class
Answers
Answer:
A. An internship
Explanation:
Took the test
Internship sources of marketing career information will give you both a deeper understanding of a specific marketing career and hands-on experience. The correct option is A.
What is the importance internship?Before entering the industry, internships offer the chance to network with wonderful people and hone your talents. They are a huge asset in discovering your actual interest. They're frequently viewed by employers as a way for you to obtain exposure and experience before being hired, allowing for a seamless transfer.
Internships are a valuable source of marketing career information because they allow individuals to gain hands-on experience and a deeper understanding of a specific marketing career. Interns have the opportunity to work with professionals in the field, observe day-to-day operations, and gain insight into the skills and knowledge required to succeed in a marketing career.
Thus, the ideal selection is option A.
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T/F : real options analysis helps managers make investment decisions involving staged commitments of smaller financial resources.
Answers
It is true that real s analysis helps managers make investment decisions involving staged commitments of smaller financial resources.
true.
real s analysis is a decision-making framework that extends traditional financial analysis to consider the value of flexibility and strategic choices in investment decisions. it is particularly useful for situations where managers face uncertainties and have the opportunity to make staged commitments with smaller financial resources over time.
real s analysis recognizes that investment projects often come with embedded s, similar to financial s, that allow managers to adapt and adjust their strategies based on changing market conditions or new information. these s provide managers with the flexibility to expand, delay, abandon, or alter the project as circumstances evolve.
by applying real s analysis, managers can assess the value of these strategic choices and evaluate the impact on the overall investment decision. it helps in quantifying the potential benefits and risks associated with different s and provides a more comprehensive view of the project's value beyond traditional financial metrics.
in situations where managers have the opportunity to make staged commitments with smaller financial resources, real s analysis becomes particularly relevant. it allows managers to assess the value of flexibility, adjust their investment plans over time, and make more informed decisions to maximize the potential value of the investment.
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What models the interactions between key players in the economy
Answers
Which of these would be considered a call to action in advertising?
Answers
correct answer is, “Come by today”.