Consumer spending affects the economy, even a slight reduction could damage the economy.
Consumer spending is the amount of money spent by individuals and houses on the final goods or services for personal use in an economy. This includes all types of goods whether durable or non-durable goods.
When the spending is reduced by the final consumer, it would result in the following:
The demand for goods decreasesBusinesses to go bankruptWorkers laid offTaxes to reduce
The government would then have to rely on the following:
ExportsBorrowings
Ultimately, the growth of the economy would slow down. And if this continues then the economy would contract.
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A married couple are both employed by firms that cover them under the company pension plans, and each earns approximately $300,000 annually. If they both open a traditional IRA and make the maximum contribution, how much of their contribution could they deduct
If you learn now how to speak effectively in public, you are more likely to be personally and financially successful in the business world. Can you imagine limiting your salary by 10 percent because you never tackled this fear
Answer: Worst- and best-case scenarios
Explanation:
a company chooses to price its products by value-based pricing. in order for this type of pricing to be most effective, what additional tactics should be included with the price?
The additional tactics to be included is use of value-based price in conjunction with all elements of the marketing mix communicating value to the customer
Basically, a value-based pricing is a prices fixing strategy based on consumers perceived value of the product in the market
This type of pricing strategy maintains a certain price level to prevent customers from looking out for competitors product.Hence, the additional tactics to be included is elements of the marketing mix communicating value to the customerIn conclusion, the Option B is correct.
The missing option includes "a.) employ a general market approach to pricing which considers what the market as a whole sees as valuable in a product or service b.) use a value-based price in conjunction with all elements of the marketing mix communicating value to the customer c.) offer a middle price point with the established price and tout the singularity of the product’s value"
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How does Truth-in-lending benefit consumers when shopping for a loan? a. Truth-in-lending allows consumers to be frank with the lenders and talk about very personal things. B. Truth-in-lending requires all lending institutions to eventually convert all of their loans to fixed interest rates. C. Truth-in-lending requires consumers to admit whether or not they can actually afford the loan they’re applying for. D. Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
Answer:
A
Explanation:
Truth-in-lending allows consumers to be frank with the lenders and talk about very important things
Answer: D
Explanation:
Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
taking the test rn edge 21-22
Your older sister tells you that she wants to have an IVF and have her child implanted into a surrogate mother for $3,000 through a company. Your mother is opposed to this idea whereas your father supports her decision. Your sister asks for your support. How would you respond to your sister
Answer:
go for it
Explanation:
I say that because if she is infertile and she has tried plenty then she has every right to have a surrogate if she feels the need to have one
if bill performs plumbing upgrades for alice in exchange for her incorporating his business, then their _________________________ will be satisfied.
For performing the plumbing upgrades for Alice while she incorporates Bill's business, they have satisfied each other's _________NEEDS_______ without the exchange of money.
This satisfaction of needs by the exchange of services is a trade by barter. The barter system enables Bill, who is a professional plumber, to upgrade the plumbing system at Alice's house. In payment for the plumbing service, Alice can incorporate Bill's plumbing business.
Thus, the exchange of services satisfies each other's needs without the payment of cash.
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After all long-run adjustments are completed in a perfectly competitive market, output will occur at each firm's minimum average ______.
Based on the cost of production hypothesis, after all, long-run adjustments are completed in a perfectly competitive market, the output will occur at each firm's minimum "average total cost where product price is equal to marginal revenue."
This is because the point at which the product price equals the Marginal Revenue is where additional revenue from selling an extra unit equals marginal revenue.
However, when marginal revenue surpasses marginal cost, the is considered to be a profit from commodity sold. These profits are sometimes referred Marginal benefits.
Also, when marginal revenue goes below the marginal cost, this is considered to be a loss.
Hence, in this case, it is concluded that the correct answer is "average total cost where product price is equal to marginal revenue."
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Leadership ability is important to managers because
a-business will not hire a manager without leadership skills
b-leadership helps managers satisfy employees needs while also meeting the goals of the business
c- managers must get work done whether or not employees want to do it
what is an economy?
Answer:
System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.
Explanation:
HOPE IT HELP
contributed capital of $1,000,000 represents ______.
The ""field trip to mars"" campaign to promote lockheed martin is an example of ________ advertising.
Based on the advertising analysis, the "field trip to mars" campaign to promote Lockheed martin is an example of Out-of-Home advertising.
This is because Out-of-Home advertising is a type of advertising that involves the producer or seller making advertisements that people can only see when they are out of the home.
The field trip to Mars campaign involved people entering a bus without headsets then experiencing a visual reality of Mars.
People can only see this advertisement when they are out of their homes.
Hence, in this case, it is concluded that the correct answer is "Out-of-Home advertising."
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two factors that complicate the calculation of the inflation rate are
Companies sometimes convert receivables to cash before they are due by selling them or using them as security for a loan. The reasons that a company may convert receivables before their due date include: (Check all that apply.)
Answer: to quickly generate cash and to reduce risk of nonpayment
Explanation:
Which is NOT something you should look for in a savings account?
a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate
Answer:
b) Rewards for using your debit card
Explanation:
If it’s a saving account why would I using my debit?
True or false: Social shopping involves sending e-mails to specific customers about new products that may be of interest to them.
True: Social shopping involves sending e-mails to specific customers about new products that may be of interest to them.
Social shopping is the use of social media by customers to share experience among themselves. This may even include the sending of e-mails to specific customers about new products that may be of interest to them.
Social shopping allow customers to discuss, share, and shop thereby sharing ideas among one another.
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based on what you know about organizational development what considerations may laura be alluding to
The considerations Laura may be alluding to based on what you know about organizational development is that in an organization open communication and change are essential elements, in addition to the importance of managing human capital.
Every organization is a dynamic system that needs to adapt to new internal and external realities in order to be well positioned in the market, so changing strategies, policies and procedures is a necessity for organizational development.
Human capital management and open communication are also fundamental competences for the creation of an organizational culture focused on the development, motivation, innovation and cooperation of workers.
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Jake receives a promotion at his law firm after winning an important case. This is an example of a: Group of answer choices Positive informal sanction Negative informal sanction Positive formal sanction Negative formal sanction
Jake receives a promotion at his law firm after winning an important case. This is an example of a positive formal sanction.
Positive sanctions include celebration, praise, social recognition, congratulations, approval, social promotion, bonuses, awards, titles, prizes, etc.
In this case, since Jake receives a promotion at his law firm after winning an important case, it's an example of a positive formal sanction.
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Answer:
Positive Formal Sanction
Explanation:
what characterizes a market with oligopolistic competition?
It is an oligopolistic market if it has the following:
- Few number of competitors (economy is shared through a few number of businesses/companies)
- The absence of other competitors besides the dominating ones
- If those few companies have a significant impact on the market (can increase price easily)
What is the answer to number 1 and 2
Charismatic leadership is now considered part of ________ leadership. Multiple Choice humble transformational ethical transactional
Based on leadership skills, Charismatic leadership is now considered part of transformational leadership.
Though there are specific differences between charismatic and transformational leadership, they share various similarities in their approach and execution.
However, the significant difference between the two is that Charismatic leaders tend to improve the status quo better, while transformational leaders emphasize transforming the organization into the leader's vision.
Hence, in this case, it is concluded that the correct answer is option B. "transformational."
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When a corporation distributes assets of the company to its investors, it is referred to as a(n) Multiple choice question. option. expense. dividend. warrant.
Answer: dividend
Explanation:
When a corporation distributes assets of the company to its investors, it is referred to as a dividend.
What is a dividend?A corporation's payout of earnings to its shareholders is known as a dividend. A corporation is allowed to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus. Any remaining funds are seized and reinvested in the company (called retained earnings).
A business is often not allowed to pay a dividend out of its capital; thus, both the current year's profit and the retained earnings from prior years are eligible for distribution. If the company has a dividend reinvestment plan, the amount can be paid by the issue of additional shares or by share repurchase. Alternatively, distribution to shareholders may be made in cash (typically a deposit into a bank account).
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what is the relationship between the average inventory and the in-stock probability?
Answer:
the relationship is that the more inventory there is the higher the stock-in probability
The expected proceeds from accounts receivable, determined by taking accounts receivable less the allowance for doubtful accounts, is called:
Answer:Realizable value
Explanation:
PLEASE HELP
Jane is applying for a job at an in-store job kiosk. What is a benefit of applying for a job this way?
A. Jane can print the application to complete at home.
B. Jane can search for current job openings at the store.
C. Jane can start the application and then come back the next day to complete it.
D. Jane will need home computer access to finish the application.
Answer:
The answer is B
Explanation:
Jane is at the store and can see the job openings.
___________ change introduces a new practice to an organization but one that is not new to the industry.
The answer would be Innovative.
Describe the fruit storage process? OBTE
[tex] \: \: \: \: \: \: [/tex]
cold storage, using refrigerated air. Other techniques include controlled-atmosphere (CA) storage and hypobaric storage.hope it helps[tex] \: \: \: \: \: \: [/tex]
A U.S. Senator from Michigan is in favor of environmental regulations that forbid industries from disposing chemical wastes in rivers, despite the fact that many companies in Michigan might come under scrutiny for the violation of such regulations. This scenario illustrates the _____ taken by Congress members.
Answer:
the trustee view of representation
Explanation:
If your liquid assets equal $15,000 and your total current debts equal $50,000, your liquidity ratio is:
when profit-maximizing firms in competitive markets are earning profits,
There are different ways that firms to make profits. When profit-maximizing firms in perfectly competitive markets are earning economic profits, new firms will enter the market.
Profit maximization is simply known to be the short run or long run method through which firms can know the price, input and output levels that tends to lead to the highest profit.
For profits to be maximize in a perfectly competitive market, firms have to make the marginal revenue equal to marginal cost (MR=MC). MR is known to be the slope of the revenue curve that equal to the demand curve (D) and price (P).
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The cell phone is one of the great innovations of recent decades. Yet the innovation has not come from any
one place. The list of manufacturers includes Samsung, Apple, Lenovo, LG, Sony, Nokia, BlackBerry, and
Xiaomi. These manufacturers operate in South Korea, the United States, China, Japan, Canada, and Finland.
The major parts suppliers are in over 20 countries. When your business competes on a global scale, it is more
important than ever
A) to lock up patents on early technology
B) to specialize and do one thing really well
C) to adapt and innovate
After analyzing the scenario, when your business competes on a global scale, it is more important than ever to adapt and innovate. Thus, option 'C' is the correct option.
How does innovation help business growth?With the introduction of originality to current product lines or business practices, market share, revenue, and customer happiness all grow. Innovation can also be utilized to introduce new automation technologies or modernize the business's operating systems. The process of business innovation is designed to add value to the company.
This value may be produced by opening up new income streams, increasing revenue via existing channels, developing efficiencies that save time, money, or both, or boosting output or performance. Businesses that don't adapt to shifting consumer demands and preferences will eventually become obsolete.
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