Bill owes $36 the bank
As he has sum in his bank = $25
Cleared a cheque =$50
ATM Debit = $80
Total sum in bank = 25 + 50 - 80
Total sum in bank = -5
Now this $5 is overdraft for which bank charges $27.5
Also Bill used ATM service that costs $3.5
Total Sum he owe = 5 + 27.5 + 3.5
Total sum he owe = $36
What is Overdraft?
When an account reaches zero, a bank will lend a customer money through an overdraft to cover bills and other expenditures. A credit facility known as an overdraft allows for the withdrawal of funds from a current or savings account even when there is no money in the account or a balance as low as zero. A sort of bank credit limit expansion is the overdraft facility. It is argued that the permitted limit is "overdrawn."
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the new bea procedure for calculating real gdp corrects for substitution bias by moving the base year forward and computing the current year gdp with the previous year as the base year. group of answer choices true false
The new bea procedure for calculating real gdp corrects for substitution bias by moving the base year forward and computing the current year gdp with the previous year as the base year is true statement.
What is real GDP?A country's gross domestic product that has been accounted for inflation is known as real GDP. Compare this to nominal GDP, which calculates GDP using today's prices without taking inflation into account.
Nominal GDP represents the raw data in current dollars without taking inflation into account. Real GDP eliminates any distortion brought on by inflation or deflation by adjusting the numbers by fixing the value of the currency.
A macroeconomic indicator of the value of economic output that is price-adjusted is the real gross domestic product (GDP). With this adjustment, nominal GDP, a measure of economic worth, becomes an index for the amount of total output.
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the retail division that maintains the account records, supervises the credit department and keeps merchandising statistics is the:
The retail department that continues the account records, supervises the credit score branch and continues vending information is the: Financial control.
The required details for Statistics in given paragraph
Statistics is the subject that issues the series, organization, analysis, interpretation, and presentation of information. In making use of information to a scientific, industrial, or social problem, it's far traditional to start with a statistical populace or a statistical model to be studied. Populations may be numerous businesses of humans or gadgets such as "every body residing in a country" or "each atom composing a crystal". Statistics offers with each issue of information, which include the making plans of information series in phrases of the layout of surveys and experiments. When census information can't be collected, statisticians acquire information with the aid of using growing precise test designs and survey samples. Representative sampling assures that inferences and conclusions can moderately increase from the pattern to the populace as a whole.
An experimental study entails taking measurements of the machine below study, manipulating the machine, after which taking extra measurements the usage of the equal technique to decide if the manipulation has changed the values of the measurements. In contrast, an observational study does now no longer contain experimental manipulation.
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Most job leads are discovered through _______. A. Networkingb. Classified adsc. Internet listingd. Cold calling.
Most job leads are discovered through networking. Hence option(a) is the answer.
What is networking?The informal social exchange of information and ideas among persons with similar interests or professions is known as networking. Building connections with people to advance your career through networking requires personal communication, relationship management, and professionalism.
People can learn from their colleagues' business strategies and keep up with the most recent advances in the field. Thus access to fresh and important information is increased when there is a large network of knowledgeable, connected connections. In order to build and strengthen your skill set, keep up with industry trends, keep an eye on the job market, meet potential mentors, partners, and clients, and gain access to resources, networking is crucial to foster your career development.
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brainly which term refers to the use of government spending as a form of economic policy, especially when managing the business cycle?
Fiscal policy refers to the use of government spending as a form of economic policy, especially when managing the business cycle.
Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion and the total consumption for goods and services. The government may reduce tax rates or boost spending during a recession to boost demand and the economy. On the other hand, it can increase rates or reduce spending to slow down the economy in order to battle inflation. Monetary policy implemented by central bankers is sometimes contrasted with fiscal policy.
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After income tax is paid by a
corporation, what percentage of
the remaining profit is paid as the
dividend tax?
A. 30%
C. 15%
B. 5%
D. 10%
Answer:
option C
Explanation:
the general rate of dividend is 15%
when a fraudster feeds fictitious information into.the accounting system in order to manipulate report,ed results, this is called:'
When a fraudster feeds fictitious information, the accounting system manipulates reports, ed results, this is called beating the accounting system.
What is an accounting system?An accounting system is a system of recording, storing and retrieving financial transactions. It is a system that provides information about a company's financial position. The purpose of an accounting system is to provide information that is useful in making business decisions. An accounting system typically includes a chart of accounts, a general ledger, and a trial balance. The chart of accounts is a list of all the accounts that a company uses to record its financial transactions. The general ledger is a record of all the financial transactions that have been recorded in the accounting system. The trial balance is a statement of the balances in all the accounts in the accounting system.
The accounting system is designed to make it difficult for people to beat the system. To beat an accounting system, one way is to use accounting software to create false invoices and to create false records of expenses. This can be done by creating false entries in the books of accounts. Another way to beat the system is to use false invoices to claim refunds from the government.
It can be concluded that when a fraudster feeds fictitious information. The accounting system manipulates reports, ed results, this is called beating the accounting system.
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What is the main advantage of having a skill set with a high market value?
• A. There are fewer regulations restricting those skills.
B. Workers are more productive per hour using those skills.
C. Employers are willing to pay more for those skills.
D. Worker organizations have a major need for those skills.
SUBMIT
Answer:
C
Explanation:
The main benefit of having a high market value is that they will get a high price for the services they will provide. Their job will remain stable and they can lead a good life with the compensation they will receive.
what is the main benefit for costco in selling its private label, kirkland, at a lower price compared to its competition? group of answer choices to increase its customer loyalty to increase its margins to become a one-stop shop for its customers to promote its own image to create more awareness about its brand
The main benefit for Costco in selling its private label is to increase its customer loyalty and to promote its own image. The correct options are A and D.
What is the difference between branded and private labels?Private-label goods are sold without branding, whereas branded goods are marketed through specific product attributes. Private label companies benefit by selling manufactured goods to other businesses, whereas brands profit from the margin revenue of their products.
Private labeling occurs when a manufacturer creates products that are exclusively sold by a third party under a different brand name. Private labeling enables retailers to outsource goods production to manufacturers and sell high-quality products on a large scale.
Thus, the ideal selection is options A and D.
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job satisfaction is not how hard one works or how well one works, but rather how much one likes a specific kind of job or work activity. question 1 options: true false
Job satisfaction is not how hard one works or how well one works, but rather how much one likes a specific kind of job or work activity.
This statement is true.job delight, worker pride, or work delight is a degree of workers' contentedness with their task, whether or not they like the task or personal aspects or facets of jobs, consisting of the nature of work or supervision. Activity pleasure can be measured in cognitive (evaluative), affective (or emotional), and behavioral additives. Researchers have additionally stated that job pride measures vary inside the quantity to which they degree emotions about the activity (affective process satisfaction). or cognitions approximately the process (cognitive task pleasure).
One of the most broadly used definitions in organizational studies is that of Edwin A. Locke (1976), who defines process pride as "a pleasant or high-quality emotional state as a consequence of the appraisal of 1's process or process reports" Others have defined it as truly how content material an individual is with their task; whether or not they just like the task.
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on-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a(n) . (check all that apply.)
On-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a decrease in net income on the income statement, and a decrease in assets on the balance sheet.
What is a balance sheet?The balance sheet of an organization helps to know the financial position of a business in the market by determining the assets and liabilities owned by them.
A loan's or an intangible asset's book cost can be reduced over a defined period of time using an accounting technique called amortization. The cost of a patent may also be spread out over the course of its useful existence by an organization.
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The complete question is probably
on-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a(n) . (check all that apply.) multiple select question. increase to liabilities on the balance sheet decrease to net income on the income statement increase to net income on the income statement decrease to assets on the balance sheet increase to assets on the balance sheet.
proof-of-work is a way to validate transactions based and achieve the distributed consensus. group of answer choices true false
It is true that a proof-of-work is way to validate the transactions based and achieve distributed consensus.
What is a consensus?To achieve overall system reliability in the presence of numerous flawed processes is a fundamental challenge in distributed computing and multi-agent systems. To reach agreement or agree on a data value that is required for computation, this frequently calls for coordinating processes. Consensus is used, for instance, in state machine replication, atomic broadcasts, and deciding which transactions to commit to a database and in what order. The control of UAVs (and multiple robots/agents in general), load balancing, blockchain, opinion formation, smart power grids, state estimation, and other real-world applications frequently require consensus. In order to solve the consensus problem, multiple processes (or agents) must agree on a single data value.
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critique a specific action by any two companies. for each of the two examples, select two relevant tendencies from module 17 that seem to have impacted the actions. be specific. how might the situations have been handled better?
Critique a specific action by any two companies. for each of the two examples, relevant tendencies from module 17 seem to have impacted the actions.
Tendencies research is what it feels like. it is approximately figuring out and reading styles in records to predict destiny occasions, which includes purchaser conduct or commercial enterprise overall performance. trend researchers use statistical methods to analyze historic records to determine whether there was any trade over time.
Tendencies are a possibility to do something new no longer just from a character standpoint but on a macro degree. traits permit us to shift cultural currents and in the end depict an underlying instinct.
After gathering experimental facts, evaluation is used to discover any tendencies, patterns, or relationships within the records. these are then compared with predictions made by way of the hypothesis. If the records shape the predictions in a statistically great way, it helps the speculation.
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Which of these is true of event documentation?
A. It is an optional activity.
B. It is needed only for important documents.
C. It is necessary for larger events only.
D. It should be a habit.
True of event documentation is It is needed only for important documents.
Option B is correct.
What's the main purpose of documentation?Documentation is any transmissible material that's used to describe, explain or instruct regarding some attributes of an object, system or procedure, similar as its corridor, assembly, installation, conservation and use.
Why is it important to validate an event?The crucial purpose of an event plan is to give an overview of the event, as well as to give authorities and agencies with the necessary information for licence and permit blessings.
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landshark, inc. sold a warehouse with an original cost of $150,000 for $230,000. the warehouse had accumulated depreciation of $40,000. the recognized gain on the sale was $
The recognized gain on the sale was $120,000.
original cost - accumulated depreciation = adjusted basis
∴ $150,000-$40,000 = $110,000
sales price - adjusted basis = recognized gain
∴ $230,000-$110,000 =$120,000
20% of the lesser of (1) depreciation or (2) gain is recaptured under §291.
What is recognized gain?
A recognized gain is the profit you make from the sale of an asset. Realized gains, which describe the amount of money you made from the transaction, are different from recognized gains. The basis, or the cost at which you acquired the asset, governs the number of profits that can be recognized. Since tax offsets like loss carryforwards and techniques of tax deferral like 1031 exchanges are available to the taxpayer, recognized gains are often lower than realized gains.
A gain is determined by subtracting the asset's acquisition price from its sale price. The recognized gain, for instance, is $100,000 when an investor purchases a house for $500,000 and sells it for $600,000 a year later.
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Which of the following statements are true? Select the two correct answers. (1 point)
Responses
A credit card from a bank is linked to the user’s checking account.
Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
Credit cards are the same thing as debit cards.
Banks issue credit cards as well as debit cards.
You can never use a store credit card anywhere else.
The two correct answers are:-
Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
Banks issue credit cards as well as debit cards.
The required details about credit card is mentioned in below paragraph.
A credit card lets in you to borrow cash from a credit score card organization. In exchange, you pay interest on any excellent debt on the quit of every billing cycle. Most credit card issuers will file your credit score records to credit score bureaus, not like debit playing cards or pay as you go playing cards.A credit score card is a skinny square piece of plastic or metallic issued via way of means of a financial institution or economic offerings organization that lets in cardholders to borrow budget with which to pay for items and offerings with traders that receive playing cards for payment. Credit cards impose the circumstance that cardholders pay returned the borrowed cash, plus any relevant interest, in addition to any extra agreed-upon charges, both in complete via way of means of the billing date or over time.
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Answer: 1. a financial institution where customers deposit money, withdraw previously deposited money, and borrow money through loans fund
2. -Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
-Banks issue credit cards as well as debit cards.
3. depository accounts, loans, mortgages, credit cards, safety deposit boxes
4. A charge card is paid off each month while a credit card has a revolving credit line.
5. American Express
Explanation: I took the same quick check and got 100%, hope it helps!
Which describes a challenge we might see if remote working was the norm.
A. businesses would have to pay building costs or rent a workspace
B. there would be more cars on the road for people having to drive to work
C. workplaces could be more flexible with hours and job assignments
D. it would be harder to find jobs because the applicant pool would be larger
A challenge that might be seen if remote working became the norm is D. it would be harder to find jobs because the applicant pool would be larger.
What benefits come with remote working?If remote working was the norm, we would notice way less cars on the road as people would not have to drive to work. This would mean less traffic jams and pollution. Businesses would also be able to avoid paying for workspaces.
There would also be more flexible job working hours. However, there would also be a massive challenge which is that people might find it harder to get jobs as there would be a larger applicant pool drawn from around the country, and world.
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schneider inc. had salaries payable of $60,500 and $91,900 at the end of 2020 and 2021, respectively. during 2021, schneider recorded $621,500 in salaries expense in its income statement. cash outflows for salaries in 2021 were:
Schneider inc. had salaries payable of $60,500 and $91,900 at the end of 2020 and 2021, respectively. during 2021, Schneider recorded $621,500 in salary expenses in its income statement. Cash outflows for salaries in 2021 were: $590,000.
620,000-(90,000-60,000)=$590,000.
Cash outflow refers to all expenses paid by the business. Cash outflows include all liabilities, payables, and operating expenses. A healthy business maintains positive cash flow by controlling operating flows and minimizing long-term debt.Cash outflows are all expenses paid by the company. Cash outflows include all liabilities, payables, and operating expenses. A healthy business maintains positive cash flow by controlling operating flows and minimizing long-term debt.Money used to purchase fixed assets. Dividends paid to shareholders. salaries and wages paid to employees; Examples of cash inflows are income from product sales and income from investments. Conversely, cash outflows can consist of operating expenses, liabilities, and other liabilities.
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maxwell just submitted an application for a credit card. the credit card has an annual percentage rate of 15%. what is the monthly interest rate that will apply to any unpaid balances on this credit card? assume 12 equal months.
12% is the monthly interest rate that will apply to any unpaid balances on this credit card.
Monthly interest rate = Annual percentage rate / no. of the period.
= 15%/12
= 1.25%.
Interest rates tell you the cost of borrowing and the return on your savings. So if you are a borrower, the interest rate is the amount charged to borrow money, expressed as a percentage of the total loan amount of the loan, deposit, or borrowed amount. The total interest on the amount lent or borrowed depends on the principal amount, the interest rate, the frequency of compounding interest, and the length of the term of the loan, deposit, or borrowing.Learn more about Interest rates here: https://brainly.com/question/23263142
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california retailing inc. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expenses are $600,000. the firm's interest expense is $250,000, and the corporate tax rate is 40%. what is california retailing's ebit? group of answer choices $875,000 $1,300,000 $850,000 $900,000
California Retailing's EBIT is $900,000.
Earnings before interest and taxes (EBIT) is a commonly used metric for determining a company's operating profitability. EBIT stands for earnings before interest and taxes, as the name implies. Both of these expenses are real financial outlays, but they are not generated directly by the company's primary business operations.
EBIT is a key indicator of a company's operational efficiency. It reveals how much the business makes from its core operations because it excludes secondary expenses such as taxes and debt interest.
Sale 4000000
Cost of goods sold 2500000
Total operating expenses 600000
Total EBIT 900000
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Following the rational rule for sellers, how does output for a seller who has market power compare to output for a seller who does not have market power?.
Following the rational rule for sellers, the output for a seller who has market power compare to output for a seller who does not have market power output is higher without market power than with market power.
What is The Rational Rule for Sellers?According to the Rational Rule for Sellers, if the price is lower than the marginal cost, lower than the marginal benefit, or higher than or equal to the marginal benefit, the seller should sell one more unit of the product. A seller should select the output level where marginal cost equals marginal income and the price level that is on the seller's demand curve at that output level in accordance with the Rational Rule for Sellers.
When the Rational Rule for Sellers is applied, market output decreases as the level of market power among sellers increases. When a vendor has market dominance, marginal income declines further as the number of units sold decreases and further below the price.
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Following the Rational Rule for Sellers, how does output for a seller who has market power compare to output for a seller who does not have market power?
1) Output is the same in both situations.
2) Output is higher with market power than without market power.
3) The level of market power has no impact on output.
4) Output is higher without market power than with market power.
unlike commodity money, paper currency has no or very little intrinsic value. therefore, paper currency is a commodity money. fiat money. barter money. bond.
Paper cash, unlike commodity money, has no or very little intrinsic value. As a result, paper cash is fiat money. Hence, the right answer is fiat money.
What is fiat money?Money that is not backed by a commodity, such as gold or silver, is known as fiat money. It is usually designated as legal currency by the issuing government. Local banks and other organizations have occasionally produced fiat money throughout history. Fiat money is often permitted under government regulation in contemporary times.
Fiat money, in general, has no intrinsic value and no utility value. It only has value because the people who use it as a unit of account - or, in the case of cash, a medium of exchange - agree on its worth.
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suppose domestic pineapple producers lobby effectively to add a $5 tariff on all imported pineapples. tariff revenue raised by the government will equal:
To determine the change in tariff revenue for a specific import flow, the final ad-valorem tariff multiplied by the final import value is subtracted from the initial ad-valorem tariff multiplied by the initial import value.
How do you calculate government revenue from tariffs?To determine the change in tariff income for a certain import flow, the final ad-valorem tariff multiplied by the final import value is deducted from the beginning ad-valorem tariff multiplied by the first import value.Tariffs increase the price of products and services in domestic markets by imposing a tax on imported goods that is paid by the domestic importer. In order to cover the additional costs, the domestic importer boosts the pricing for the products and services.Taxes, also referred to as tariffs or levies, are levied by the government on the value of imported products, including the cost of shipping and insurance. Different nations put varied tariffs on different goods.To learn more about tariff refer to:
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A company sells two products--j and k. The sales mix is expected to be $3. 00 of sales of product k for every $1. 00 of sales of product j. Product j has a contribution margin ratio of 40% whereas product k has a contribution margin ratio of 50%. Annual fixed expenses are expected to be $120,000. The overall break-even point for the company in dollar sales is expected to be closest to:.
The overall break-even point for the company in dollar sales is expected to be closest to:. $252632.
What is break-even point?
The revenue at which total revenue and total expense are equal is known as break even in dollars.
The weighted average contribution margin ratio must first be calculated before we can get the break even sales in dollars.
Average weighted contribution margin is equal to wJ * cmJ plus wK * cmK.
Where,
The weight of each products in the sales mix is represented by wJ and wK.
The contribution margin ratios for both the products are represented by cmJ and cmK.
Total sales per sales mix = 3 + 1 = 4
Weighted average contribution margin = 1/4 * 0.4 + 3/4 * 0.5 = 0.475
Break even in dollars = 120000 / 0.475 = $252631.5789 rounded off to $252632
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research evidence on the managerial grid supports which of the following statements? initiating structure and consideration has not been found to be associated with the lpc the 9,9 style has been found to be universally effective a low concern for production with high concern for people is the most effective the concern for production dimension has been found to be universally effective there
The research evidence on the managerial grid best supports the statements which states there is no universally effective style of leadership.
What is the Managerial grid model?In management, the managerial grid model refers to a style leadership model developed by Robert Blake & Jane Mouton, the model originally identified 5 different leadership styles based on the concern for people and the concern for production.
Under the Managerial grid model, we have five possible leadership styles which includes the country club leader, impoverished leader, middle-of-the-road leader, team leader and produce or perish leader.
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all of the following are common causes of workplace stress except: a. excessive job pressures b. high workloads c. disagreements with managers d. empowerment
All of the following are common causes of workplace stress except option d, empowerment.
Workplace stress could be psychosocial and physical in nature. It affects the performance and health of the employees. Workplace stress varies in jobs. Workers in low-skill jobs, young workers, and women face more workplace-related stress in comparison to others.
Excessive work with low control on the job is one of the major factors behind workplace stress. In the given options, excessive job pressure, high workloads, and disagreements with managers are all major factors of workplace stress.
Empowerment is the only option that is not a cause of workplace stress. Contrarily, the empowerment of employees in verbal and financial ways proves beneficial to reduce workplace stress.
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Marriott’s bonvoy program is an example of a ________blank, which is specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.
Marriott's bonvoy program is an example Loyalty Reward Program.
What is a loyalty program?
Retailers and other businesses who sponsor loyalty programs do so to attract and retain customers by offering rewards, discounts, and other unique incentives.
They are designed to reward clients for their brand or store loyalty and to encourage repeat business (hence the name). A consumer typically obtains greater rewards the more frequently they purchase at the firm and the more money they spend.
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if the price of one year zero coupon bonds in new york is 80 and the price of 1 year zeros in san francisco is 85, then how would you construct an arbitrage?
To construct an arbitrage, you would have to purchase the NY bond, sell the SF bond short right away, and close positions after a year.
An investor will utilize the investment strategy of arbitrage to simultaneously acquire and sell an asset in separate markets in order to benefit from a price difference. Traders can lock in profits utilizing the arbitrage strategy by concurrently buying and selling a similar security, commodity, or currency on two different marketplaces. The investigation found that making a profit by purchasing the less expensive bond and selling the more expensive bond right away. This profit is the outcome of a sale that generates more revenue than the low bond costs. At the end of the year, the cash flows are exactly balanced.
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assume your quiz scores are stored as a list. each entry of the list consists of a name and an integer score as follows: [['alice', 80], ['bob', 85], ['carol', 83]] write a function called getscores that takes such a list as a parameter and returns a list of student scores without student names. [80, 85, 83] note: use the [index]. note: use the append(..) method.
Assume your quiz scores are stored as a list. each entry of the list consists of a name and an integer score as follows: [['alice', 80], ['bob', 85], ['carol', 83]] write a function called getscores that takes such a list as a parameter and returns a list of student scores without student names. [80, 85, 83] note: use the [index]. note: use the append(..) method.
def getScores(lst): res = [ ] for x in lst: res.append(x[1])
return res myNameScore = [['Alice',80] , ['Bob',85] , ['Carol',83]]
print ('The list with scores is:' ,getScores(myNameScore))
An integer is the number 0 (0), a positive herbal quantity (1, 2, three, and many others.) or a negative integer with a minus signal (−1, −2, −three, and so on.).The terrible numbers are the additive inverses of the corresponding fine numbers. inside the language of arithmetic, the set of integers is regularly denoted by using the boldface Z or blackboard ambitious {displaystyle mathbb {Z} }mathbb {Z} .
The set of herbal numbers {displaystyle mathbb {N} }mathbb {N} is a subset of {displaystyle mathbb {Z} }mathbb {Z} , which in turn is a subset of the set of all rational numbers {displaystyle mathbb {Q} }mathbb {Q} , itself a subset of the real numbers {displaystyle mathbb {R} }mathbb {R} .[a] just like the natural numbers, {displaystyle mathbb {Z} }mathbb {Z} is countably countless. An integer can be appeared as a actual variety that can be written without a fractional aspect. for instance, 21, 4, 0, and −2048 are integers, even as 9.75, 5+
1
/
2
, and √2 aren't.[9]
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which theory would support the idea that by increasing the efficiency of resource utilization in the global economy, international trade results in greater economic growth and provides economic benefits to all countries that participate in a global trading system?
According to the principle of comparative advantage, two countries can still trade in a way that is advantageous to both even though one country can produce all items more cheaply than the other. This hypothesis states that relative effectiveness is important.
What are the theories governing international trade?There are four categories for the six economic theories that fall under international trade law: The following four trade theories are: (I) Mercantilist Theory of Trade (II) Classical Theory of Trade (III) Modern Theory of Trade (IV) New Theories of Trade. There are numerous global theories in both of these categories, classical and modern.
What is the primary idea behind comparative advantage?An economy has a comparative advantage if it can produce a certain good or service at a lower opportunity cost than its trading partners. Comparative advantage is a theory that explains why trade is advantageous for businesses, nations, and people alike.
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Professor nelson believes that early in the life cycle of a u. S. Product, demand in other advanced countries is limited to high-income groups. Consequently, it is seldom worthwhile for firms in those countries to start producing the product. This view conforms to.
Professor Nelson thinks that early in a U. S. product's life cycle. As a result, it is rarely profitable for businesses in those nations to begin producing the goods. The "product life-cycle hypothesis" is in line with this viewpoint.
Define the life-cycle hypothesis?An economic theory called the life-cycle hypothesis (LCH) analyzes how people spend and save money over the course of a lifetime.
According to the hypothesis, people try to balance their lifetime consumption by borrowing during times of low income and saving during times of high income.On a graph of the LCH, wealth accumulation may be seen to follow a hump-shaped pattern, with levels being lowest during youth through old age and highest throughout middle age.One conclusion would be that younger people are better able to take financial risks than elderly people who must use up their assets.According to Professor Nelson, only high-income groups have early access to demand for U.S. products in other advanced nations. As a result, it is rarely profitable for businesses in those nations to begin producing the goods.
Thus, the "product life-cycle hypothesis" is in line with this viewpoint.
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