Think about the last purchase you made at a store. Did you know that when you made that purchase, you actually helped the economy to grow? How did your purchase do that?

Answers

Answer 1

Answer:

See below

Explanation:

By making that purchase, the industry you paid to made a profit. Profit helps countries to increase their GDP, therefore the economy has grown.

Answer 2

Answer:

The store owner used the money earned from the purchase to pay wages to the store’s employees. Those employees then bought other goods and services. When they paid for those items, that store in turn paid its employees, and so the cycle continues.

Explanation:

edmentum


Related Questions

Old town entertainment has two employees in year 1. clay earns $4,300 per month, and philip, the manager, earns $10,700 per month. neither is paid extra for working overtime. assume the social security tax rate is 6 percent on the first $110,000 of earnings and the medicare tax rate is 1.5 percent on all earnings. the federal income tax withholding is 15 percent of gross earnings for clay and 21 percent for philip. both clay and philip have been employed all year.

required:
a. calculate the net pay for both clay and philip for march.
b. calculate the net pay for both clay and philip for december.
c. is the net pay the same in march and december for both employees?

Answers

It is to be noted that:

the March Net Pay for Clay and Philip are $ 9,997.5 and $ 23,227.5 respectively;December Net Pay for both Clay and Philip are $39,990 and $ 92,910 respectively.

Is the net pay the same in March and December for both employees?

No. The net pay isn't the same in March and December for both employees.

What is Net Pay?

Net Pay refers to the balance of one's income after all deductibles have been removed.

Deductibles include:

Social Security TaxFederal Income TaxMedicare Tax etc.

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If you were to taking a loan out for a car. what loan is the best?

Answers

Answer:

a loan from the bank or the car manufacturers

Answer:

Financial loan or a loan rom the bank will be better!!!!!!!!!!!!!

Explanation:

HOPE IT HELPS UUUUUUUUUUUU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

If government land is leased or sold for oil and coal exploration at lower-than-market rates, it is an example of a(n) Group of answer choices earmark. subsidy. tax expenditure. earned income tax credit.

Answers

If government land is leased or sold for oil and coal exploration at lower-than-market rates, it is an example of subsidy.

What is subsidy?

A subsidy serves as the direct or indirect payment to individuals or firms from the government.

Therefore, government used subsidy to to achieve greater economic efficiency.

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If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.

Answers

Based on the planned budget revenue, the flexible budget revenue for 4,500 units will be $108,000.

What is the flexible budget revenue?

First find the selling price under the planned budget:

= 120,000 / 5,000

= $24

The flexible budget revenue will be:

= 24 x 4,500 units

= $108,000

In conclusion, the flexible budget revenue is $108,000.

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Drive-through restaurants next to freeways may charge higher prices than those restaurants farther away from freeways. this is most likely due to __________

Answers

Drive-through restaurants close to freeways might charge higher prices due to accessibility.

Why would drive-throughs closer to the freeway charge more?

Accessibility plays a major part in pricing, be it in housing or in getting fast foods.

Drive-throughs that are closer to the freeway are easier to access for most people and so restaurants will take advantage of that to charge higher prices knowing that people will pay those prices because the restaurant is accessible to them.

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In liability insurance, the maximum amount that the coverage will pay for loss to any one person regardless of overall policy limits, is known as the:

Answers

Answer:

Insurance coverage limit

Explanation:

have a good day

When creating video marketing content on a budget, what is the first thing you should consider doing?

Answers

Answer:Shooting as much as you can and culling it later

Explanation:

Product differentiation makes the demand for a monopolistically competitive firm's product: a. perfectly elastic. b. more elastic than for a monopoly. c. more inelastic than for a monopoly. d. perfectly inelastic

Answers

The answer is C, more inelastic than for a monopoly.

Msi is considering outsourcing the production of the handheld control module used with some of its products. the company has received a bid from monte legend co. (mlc) to produce 11,000 units of the module per year for $17.00 each. the following information pertains to msi’s production of the control modules: direct materials $ 8 direct labor 4 variable manufacturing overhead 4 fixed manufacturing overhead 8 total cost per unit $ 24 msi has determined that it could eliminate all variable costs if the control modules were produced externally, but none of the fixed overhead is avoidable. at this time, msi has no specific use in mind for the space that is currently dedicated to the control module production. required: 1. compute the difference in cost between making and buying the control module. 2. should msi buy the modules from mlc or continue to make them? 3-a. suppose that the msi space currently used for the modules could be utilized by a new product line that would generate $41,000 in annual profit. recompute the difference in cost between making and buying under this scenario. 3-b. does this change your recommendation to msi?

Answers

Msi should continue to make  control module because buying the control module will result into incremental cost of $11,000 to the msi.

Differential analysis

1. Differential analysis

Buy control module (Alt 1) or Make control module (Alt 2)

 Buy control module       Make control module   Differential effect on cost

                    (Alt 1)                      (Alternative 2)                   (Alternative 2)

Purchase price $187,000                   -                                     ($187,000)

(11,000×$17)

Direct materials  $0                        $88,000                              $88,000

(11,000×$8)

Direct labor         $0                        $44,000                              $44,000

(11,000×$4)

Variable  overhead $0                    $44,000                              $44,000

(11,000×$4)

Fixed overhead $44,000                 $44,000                                $0

(11,000×$8)

Total cost  $231,000                          $220,000                           ($11,000)

Difference in cost $11,000

2. Based on the above differential anaylsis msi should continue to make  control module reason being that buying the control module will result into incremental cost of $11,000 to the msi.

3a. Differential analysis

Buy control module (Alt 1) or Make control module (Alt 2)

 Buy control module       Make control module   Differential effect on cost

                   (Alt 1)                      (Alternative 2)                   (Alternative 2)

Purchase price  $187,000                   -                                     ($187,000)

(11,000×$17)

Direct materials    $0                        $88,000                              $88,000

(11,000×$8)

Direct labor           $0                        $44,000                              $44,000

(11,000×$4)

Variable  overhead $0                    $44,000                              $44,000

(11,000×$4)

Fixed overhead  $44,000                 $44,000                                $0

(11,000×$8)

Less profit from new product line

                 ($41,000)                              $0                                     $41,000

Total cost $190,000                          $220,000                           $30,000

Difference in cost $30,000

3b. Based on the above differential anaylsis msi should buy the control module reason being that buying the control module will result into incremental savings of $30,000 to the msi. The recommendation to msi is changed based on the new scenario.

Inconclusion Msi should continue to make  control module because buying the control module will result into incremental cost of $11,000 to the msi.

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A customer is looking at a Canyon Meadow jacket, made by Columbia Sportswear Company. Write two questions to determine the customer’s previous experience with the Columbia Sportswear Company (manufacturer of the Canyon Meadow jacket) and its products.

Answers

Answer:

a- have you ever run out of products before?

b- are you replacing your old one for a new one?

Explanation:

An upward shift in the consumption function, other things being equal, could be caused by households: a. becoming pessimistic about the state of the economy. b. becoming optimistic about the state of the economy. c. expecting future income and wealth to decline. d. experiencing a tax increase.

Answers

Sometimes, when there is an optimistism on an economy from the households, this could cause an upward shift in the consumption function,

What causes upward shift in the consumption function?

Where there is a significant positive returns in the stock market that can increase consumer wealth this could cause the autonomous consumption to increase.

Hence, if there is an optimistism from households, this could cause an upward shift in the consumption function as well.

Therefore, the Option B is correct.

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The earnings gap in the U.S. labor market between black and white workers ___________ in the 1960s and 1970s, but, since 1980, the gap __________.

Answers

In the 1960s and the 1970s, the earnings gap between Black and White workers fell substantially. However, since 1980, it has pretty much remained the same.

Is there a gap between earnings of White and Black workers?

There has always been a gap between the amounts paid to Black and White workers but this gap fell significantly in the 1960s and the 1970s.

Since the 1980s however, the gap has not moved by much which is why White workers still earn more on average.

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5.01 Four Types of Utility Marketing Worksheet All four types of utility must be present for consumers to be satisfied; none of them can be overlooked. Students will list 10 diverse types of products/services. Provide an example of each utility for the product/service.

Answers

Answer:

20.

37. 42 is the answer

Explanation:

Fidelity investments is one of the largest mutual fund and brokerage services providers worldwide. it has various offices in cities across the united states. in each office customer, contact personnel have a well-groomed, professional appearance. the inside of the office is clean and attractive. these visible cues are an attempt to deal with the problem of _______ common to service organizations

Answers

These visible cues are an attempt to deal with the problem of trust common to service organizations. Hence, the purpose of these cues is to generate much trust from the customers.

Common Customer Service Problems

The following are the common customer service problems encountered by the customers:

Long time in responseImpatience on the part of the Customer representative to Listen to the Needs of the customerCustomer Transfer from one department to anotherRudeness on the part of Customer Service agent towards the ClientsInability to offer a solution to the CustomerInability of the Customer Service agent to fulfil Promises.

Therefore, these cues are in place to earn trust from the customers.

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Compared to college seniors who do not have student loan debt, seniors who have student loan debt are _____.

Answers

Compared to college seniors who do not have student loan debt, seniors who have student loan debt are known to have a crisis that affects them in the future.

What is a student loan?

This is a type of loan that is offered to students in the United States of America. The aim of these loans is to help the students with finance for their tertiary education.

The loans are meant to cater for their tuition, books and other college fees in the school.

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The Revised Act permits a corporation to purchase, redeem, or otherwise acquire its own shares unless:

Answers

Answer:

The corporation's total assets after the distribution would be less than the sum of its total liabilities and the maximum amount that then would be payable for all outstanding shares having preferential rights in liquidation. The corporation would be unable to pay its debts as they become due in the usual course of its business.

Explanation:

______________________ include both the private costs incurred by firms and also costs incurred by third parties outside the production process

Answers

Social costs include both the private costs incurred by firms and also costs incurred by third parties outside the production process. Therefore, below is a further explanation.

What are Social costs and its inclusion?

Social costs are costs that include both the private costs incurred by firms and also additional external costs incurred by third parties outside the production process.

Therefore, the answer is social costs.

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When the members of a marketing channel operate to satisfy their own objectives and maximize their own profits, often at the expense of the other members, the channel operates as:.

Answers

The answer to your question is “an independent marketing channel” Have a great day.

A financial institution or commercial bank that purchases a business' accounts receivable at a discount and then keeps what they collect is a(n) ______.

Answers

A financial institution that purchases a business' accounts receivable at a discount and then keeps what they collect is a(n) factor.

What is account receivable?

Account receivable is an asset and can be defined as the amount a company is expected to receive from their client  for the service they rendered to the client.

When a financial institution buy a business account receivable at a discounted price or rate by keeping the amount they collected this is tend to be known as a factor.

Therefore a financial institution that purchases a business' accounts receivable at a discount and then keeps what they collect is a(n) factor.

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What does a company do during the post-IPO stage?

a)uses proceeds to expand

b)sells stock to the public

c)files paperwork with the government

d)seeks financing from an angel investor

Answers

Answer:

A.Uses proceeds to expand.

Explanation:

Which factor would be most likely to lead to an unsuccessful IPO?

Answer is A uses proceeds to expand

On september 12, vander company sold merchandise in the amount of $7,600 to jepson company, with credit terms of 2/10, n/30. the cost of the items sold is $5,800. vander uses the periodic inventory system and the gross method of accounting for sales. the journal entry or entries that vander will make on september 12 is:_________

Answers

If Vander Company uses the periodic inventory system and the gross method of accounting for sales, the journal entry on September 12 is as follows:

Journal Entry:

September 12:

Debit Accounts Receivable $7,600

Credit Sales Revenue $7,600

To record the sale of goods with credit terms of 2/10, n/30.

What is a periodic inventory system?

A periodic inventory system does not record the cost of goods sold or maintain an inventory account for inventory transactions until the end of the period.

Under the periodic inventory system, the cost of goods sold is determined in the income statement as the beginning inventory + purchases - ending inventory.

Thus, there are no accounts for the cost of goods sold and inventory because inventory purchased is recorded in the purchases account instead of the inventory account.

Transaction Analysis:

Accounts Receivable $7,600 Sales Revenue $7,600

Terms 2/10, n/30.

Thus, if Vander Company uses the periodic inventory system and the gross method of accounting for sales, the journal entry is a debit to the Accounts Receivable account and a credit to the Sales Revenue account for the credit sales only.

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According to the national institute for occupational safety and health, how many united states employees feel stressed at work?.

Answers

The national institute indicated that about 40% of U.S. workers feel stressed at work.

What is a job stress?

This refers to any harmful physical and emotional responses that occur when the requirements of the job do not correspond with the resources or need of the worker.

These job stress have a tendency to result to bad mental health, risk of anxiety, burnout, depression etc.

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Specific factors of a venture being offered for sale that should be examined include a. the industry growth rate. b. strength of competitive forces. c. weaknesses, opportunities, and threats. d. all of the above.

Answers

Specific factors of a venture being offered for sale that should be examined include d. all of the above.

What is venture ?

venture can be regarded as a business enterprise which involves making a risk as as to the make profit.

Therefore, when making a venture , weaknesses, opportunities, and threats should be take into consideration.

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You just won the lottery. congratulations! the jackpot is $10,000,000, paid in eight equal annual payments. the first payment on the lottery jackpot will be made today. in present value terms, you really won —assuming annual interest rate of 8.00%.

Answers

Answer:

An annuity that pays $1,000 at the beginning of each year

PTM of the annuity selling for 2,541.15 $   437.50

Present value of the Jackpot:    $62,063,701

Explanation:

Because is at the beginning, the 1,000 will be generating interest right away.

So even the 500 at the beginning will have a slightly higher rate, it cwon't compensate the 1,000 upfront.

You purchased a share of stock for $12. One year later, you received $0.50 as a dividend and sold the share for $13.25. What was your holding-period return?

Answers

The Holding-period return equals 14.58%.

What is the Holding-period return?

This refers to the total return that is earned on an investment during the time that it has been held.

Holding-period return = ($0.50 + $13.25 - $12) / $12

Holding-period return = $1.75 / $12

Holding-period return = 0.145833333

Holding-period return = 14.58%

Therefore, the Holding-period return equals 14.58%.

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A pay-for-performance plan in which employees are paid according to their productivity is referred to as

Answers

A pay-for-performance plan in which employees are paid according to their productivity is referred to as piece rate.

What is piece rate?

Piece rate  can be defined as the process in which employee are being paid based on the number of product produced by the employee.


Some companies or employer tend to make use of piece rate pay by paying their employee based on the quantity of goods the company manufacture on a daily basis.

Inconclusion a pay-for-performance plan in which employees are paid according to their productivity is referred to as piece rate.

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Billy Witz sells vacuum cleaners door-to-door. After showing Mrs. Davis several models and demonstrations, Billy can tell she is hesitant but interested. Which trial closing is Billy likely to use to ensure a sale

Answers

The trial closing that Billy is most likely to use to ensure a sale will be:

"Do you want the standard model or one with the special options package?

What is a trial closing?

In sales negotiation, this technique is employed by the seller to assess the buyer's readiness to make a purchase decision.

The technique usually comes in the form of questions that ask for decisions on minor selling points.

Therefore, the technique are used in a way to ensure and finalize a sale with the intending buyer.

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Click this link to view o*net’s work styles section for helpers—production workers. note that common work styles are listed toward the top and less common work styles are listed toward the bottom. according to o*net, what are some common work styles needed by helpers—production workers? select four options.

staffing/hiring
dependability
adaptability/flexibility
attention to detail
language
cooperation

Answers

Answer:

2,3,4,6 dependability, adaptability/felxibility, attention to detail, cooperation.

Explanation:

I did it and got it right

The common work styles needed by helpers—production workers are dependability, adaptability/flexibility, attention to detail and cooperation.

Production employees are skilled personnel that maintain production by monitoring machinery to ensure product quality. They work on an assembly line, maintaining and cleaning factory machinery, and carefully assembling products in compliance with all safety regulations.

In factories, production workers create and put together goods. They run and maintain the equipment, guarantee that manufacturing requirements are maintained, finish the items, and get them ready for shipping.

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The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies ______. Multiple choice question.

Answers

The short-run aggregate supply curve is more useful than the curves because it changes price level and output levels simultaneously.

What is a short-run aggregate supply curve?

A short-run aggregate supply curve simply allows one capture how the firm will be able to respond to price stickiness in an economy.

In this case, the short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies because it changes price level and output levels simultaneously.

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Amounts received in advance from customers for future products or services: Multiple Choice Are revenues. Increase income. Are liabilities. Are not allowed under generally accepted accounting principles (GAAP). Require an outlay of cash in the future.

Answers

The amounts received in advance from customers for future products or services C. are liabilities.

What is a liability?

A liability is a financial obligation owed by an entity to another.

A liability results in the fulfillment of a future financial obligation.

The future financial obligation involves the payment of economic benefits or resources to the other entity.

Thus, the amounts received in advance from customers for future products or services C. are liabilities.

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