For monopolies, marginal price curves are upward sloping and marginal revenues are downward sloping.
The marginal income curve for the monopoly company lies beneath its demand curve. It indicates the extra income received from promoting an additional unit.
What is the normal shape of a marginal income curve for a monopolist Why?The usual shape of a marginal income curve for a monopolist is downward sloping as the addition of each additional unit will enlarge the output which will reduce the charge of the output. The inverse relation between the charge of a output and its quantity shows the downward sloping nature of the curve.
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https://brainly.com/question/7217942#SPJ4let’s focus on the second quarter since the change in velocity is so dramatic. during that quarter, the cpi fell by 0.9%, real gdp fell by 9.0%, the money supply rose by 23%, and velocity changed by_____%. give your answer to one decimal.
Due to the fact that the economy shrank in the second period and GDP decreased by 0.9%, the cpi fell by 0.9%, and the money supply rose by 23%.
Money's velocity varies according to the amount of money available and how great a demand there is for it. Both of these measurements and the velocity of money typically have an inverse connection, which means that an increase in the supply or demand of money frequently causes an increase in the velocity of money.
For this application, economists typically use GDP and either M1 or M2 for the money supply. Therefore, the velocity of money equation is written as GDP divided by money supply.
[tex]\text{Velocity of Money} = \frac{ \text{GDP} }{ \text{Money Supply} }[/tex]
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although print ads are static, they can be effective when executed well. the creative design aspects of a newspaper or magazine advertising campaign include decisions about the:
When properly carried out, they can be useful. Making decisions on the colours, images, wording, and layout for a magazine or a newspaper advertising campaign is considered creative design.
What exactly do you understand by marketing?Real estate investment to display a good, terrible, or abstract notion is a commercial tactic called as advertising. What are commonly referred to as commercials are the actual advertising messages. The purpose of advertising is to connect with those who are least likely to become interested in buying a company's products or services.
What is the main goal of advertising?The main purpose of advertising is really to increase the number of people who buy your products. You can accomplish this by using advertising to persuade customers that your product is exceptional, useful, or appealing.
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A firm is operating in the United States with only two other competitors in the industry.a. It is likely this industry would be characterized as:b. Firms in this industry will likely earn:c. If foreign firms begin supplying the product, increasing the number of competitors, it is likely that:
The right response is a. an oligopoly, b. this industry will probably make a profit, and c. Economic profits are expected to decrease if international businesses start supplying the goods, increasing the number of competitors.
What does market oligopoly mean?In oligopoly markets, a limited number of suppliers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others can at least appear to be so. An oligopoly can prevent new competitors from entering the market, stifle innovation, and raise prices, all of which are detrimental to consumers. Instead than collecting prices from the market, companies in an oligopoly determine pricing, whether collectively—in a cartel—or under the direction of one enterprise.
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heart company has two divisions. division a is interested in purchasing 10,000 units from division b. capacity is available for division b to produce these units. the per-unit market price is $30 per unit, with a variable cost of $25. the manager of division a has offered to purchase the units at $22 per unit. in an effort to make this transfer price beneficial for the company as a whole, what range of prices should be used during negotiations between the two divisions? a.$22 to $25 b.over $30 c.$25 to $30 d.$22 to $30
C. $25 to $30, The price range is the range of prices that have been observed on a market over a specific period of time.
How can I determine the price range?For instance, if payments to one institution ranged from $10 to $20 to $30 to $40 and $50, the median, or middle price, would be $30. Using a 25th and 75th percentile computation, the "Price Range" represents the usual range of payments after eliminating excessively high and low payments on both ends.
Why is the pricing range crucial?What makes pricing crucial? To remain competitive in marketplaces under rising volume and price pressure, the proper pricing strategy is crucial. It gives you the compensation you are due for the goods and services you provide and ensures the earnings you need to make investments in change and expansion.
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is netherlands experiencing a contractionary gap, an expansionary gap, or is the country producing at full employment gdp
By the middle of the 17th century, the Dutch economy had the best quality of living in Europe (and perhaps the entire world), thanks in part to trade, an early industrial revolution (driven by wind, water, and peat), land reclamation from the sea, and an agricultural revolution.
A cash dividend is a sum of money distributed on a regular basis to The Industrial Revolution was the shift to new industrial techniques that took place in Great Britain, continental Europe, and the United States between roughly 1760 and 1820–1840. This transition encompassed the switch from manual to mechanical production methods, the invention of new ways for producing chemicals and iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system. Production significantly rose, which led to an exceptional rise in population and population growth rate. In terms of employment, output value, and capital invested, the textile sector dominated the Industrial Revolution. The adoption of contemporary production techniques was also pioneered by the textile sector.
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The Environmental Protection Agency is attempting to rule on whether pollution from greenhouse gas emissions endangers public safety. One of the many greenhouse gas polluters is cows and their cow farts (this is really true). Economists have devised a theory to help address this issue. Identify the statement that economic theory believes to be true from the list below.
A statement that economic theory believes to be true is to maximize social welfare, all pollution should be removed.
The distribution, production, and consumption of goods and services are the main topics covered in economics studies. The study of these activities' execution, coordination, and impact on societal and individual well-being are all included. People who study economics are better able to comprehend their environment. It makes it possible for people to comprehend other people, organizations, markets, and governments, enabling them to better adapt to the challenges and possibilities that arise as circumstances change.
In fact, keeping track of gains and costs is one of the key functions of economic theory. Without a theoretical model of economic links, it would be exceedingly challenging to apply the fundamental economic concept of opportunity cost.
The given question is incomplete, the complete question is:
The Environmental Protection Agency is attempting to rule on whether pollution from greenhouse gas emissions endangers public safety One of the many greenhouse gas polluters is cows and their cow farts (this is really true). Economists have devised a theory to help address this issue. Identify the statement that economic theory believes to be true from the list below.
a. To maximize social welfare, all pollution should be removed.
b. If the cost of paying a pollution charge (fart tax) is less than the cost of reducing pollution, the farmer (and his or her cows) will have an incentive to reduce pollution.
c. The benefit of pollution cleanup to society is always less than the cost of pollution O cleanup, especially if all costs are borne by the producer (which means the farmer, but technically, the cows are doing the producing)
d. Environmental standards (aka command-and-control regulation) regarding cow farts creates strong incentives for the farmer to reduce as much as possible
e. The efficient level of pollution removal occurs where the marginal benefit of pollution O removal equals the marginal cost of pollution removal (some cow farts could be allowed)
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a monopoly creates a deadweight loss because the monopoly group of answer choices does not maximize profit. produces less than the efficient quantity. sets a price that is too low. produces more than the efficient quantity. makes a normal profit.
The monopoly produces less than the efficient quantity, sets a price that is too low, produces more than the efficient quantity, and does not maximize profit, a monopoly results in a deadweight loss.
A monopoly is a type of market structure in which one company dominates an industry. Because of this, it is highly unlikely that such a company will accept the price as given. Instead, it will make use of its power to select a price and output that will allow it to make the most money. However, if it wants the market to clear, it must also take into account consumer demand behavior.A deadweight loss is a market inefficiency caused by a mismatch between goods consumption and demand. Due to the inefficiency, products are either overvalued or undervalued.
A monopoly creates a deadweight loss because the monopoly
sets a price that is too low
makes a normal profit.
does not maximize profit.
produces less than the efficient quantity.
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the measurement of the impact of change in purchase spend on a firm profit before taxes, assuming gross sales and other expenses remain unchanged, is referred to as:
The measurement of the impact of change in purchase spend on a firm profit before taxes, assuming gross sales and other expenses remain unchanged, is referred to as Profit-Leverage Effect.
Profit leverage translates the impact of savings in purchasing costs into the revenue equivalent required to have the same profit impact. A dollar saved on a purchase almost always has a larger impact on profits than an increase in dollar sales. Leverage describes the effect of debt on return on equity. Additional debt can increase the return on equity for owners. This applies as long as the total project profit is greater than the cost of the additional debt.
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What is the practice of keeping a product generic as long as possible before customizing?
The practice of keeping a product generic as long as possible before customizing is postponement.
Investing in a product or service later than necessary or producing a generic product that can be modified later before being distributed to the customer is known as the postponement. This business strategy is used in manufacturing and supply chain management to maximize potential benefits and minimize risk.
Reduction in inventory is one of the main advantages of postponing manufacture. This is because it allows you to have fewer completed items on hand. Only once a formal purchase has been placed, or after firm demand has been established, will be finished units be configured, tested, packaged, and dispatched.
The given question is incomplete, the complete question is:
What is the practice of keeping a product generic as long as possible before customizing?
A) postponement
B) keiretsu
C) vendor-managed inventory
D) forward integration
E) backward integration
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in 2021, grace incurred $2,000 in employee business expenses. her adjusted gross income was $40,000, and she had no other miscellaneous deductions. what amount is she able to deduct on her 2021 schedule a (form 1040), itemized deductions?
According to the given situation, $ 0 amount is she able to deduct on her 2021 schedule a (form 1040), itemized deductions.
What do you mean by the gross income?Your gross income is the total amount of money you make before deducting taxes and other expenses. You can receive your earned income in a variety of ways, including salary, bonuses, tips, hourly pay, rental income, dividends from stocks and bonds, and interest on savings accounts.
This covers earnings from all sources, not only work, and is not restricted to earnings in cash; it also covers earnings from the receipt of goods or services.
The sum of an individual's earnings before taxes or other deductions is their gross income, which is sometimes referred to as their gross pay on a paycheck.
Therefore, according to the given situation, $ 0 amount is she able to deduct on her 2021 schedule a (form 1040), itemized deductions.
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rahul owns a salmon farm with market power in washington. rahul's optimal output occurs where marginal revenue marginal cost. because of monopoly power, rahul's supply curve . equals; does not exist exceeds; does not exist equals; is upward sloping exceeds; is perfectly inelasti
In the above condition, it can be interpreted that because of monopoly power, the supply curve of Rahul does not exist. Therefore, the option C holds true.
A supply curve can be referred to or considered as the graphical representation of the total supply available in the market for a particular seller, which is determined by the formidable forces of the different factors of production.
In a monopoly, the seller does not have a supply curve, as the entire supply is in his or hands, and furthermore, the marginal cost is also equal to the marginal revenues of the monopolist.
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how would the federal reserve stimulate the united states economy and reduce unemployment?
The Federal Reserve boosts the economy, By redeeming bonds for cash from the general public and acquiring bonds on the open market, the Fed boosts the amount of money in circulation in the economy.
What is the economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
To lower unemployment rates and boost prices, the Fed uses a variety of monetary policy tools which include International market capital inflows, reserve management, cheap borrowing, and forward information to control market expectations.
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you are analyzing a risk and have determined that the sle is $1,200 and the aro is 3. what is the ale?
The Annual Loss Expectancy (ALE) is $3,600.
The financial value anticipated from the incidence of a risk on an asset is known as single-loss expectation. It has to do with risk management and risk evaluation. It has to do with risk management and risk evaluation. The mathematical formula for single-loss expectancy is: where the exposure factor is stated as the impact of the risk on the asset, or as a percentage of the asset lost.
The predicted frequency with which a risk or hazard is expected to materialize is referred to as the annualized rate of occurrence, or ARO.
The yearly rate of occurrence multiplied by the single loss expectancy results in the annualized loss expectancy.
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The use of sales promotion has increased dramatically over the past 30 years, primarily at the expense of _______.
a.public relations
b.personal selling
c.direct marketing
d.advertising
The use of sales promotion has increased dramatically over the past 30 years, primarily at the expense of advertising. Thus option (d) is correct.
What is advertising?Advertising is a marketing technique involving paying for space to promote a product, service or cause.
Advertising is known to be the process of sharing information on television, print , radio, and others.
The three main types of advertising in public relations are endorsement advertising, informative advertising, persuasive advertising.
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suppose molly formed a c corporation, maple corporation in 2022 with a calendar tax year and made an s election on march 10, 2022 with the consent of maple corporation's shareholders: molly, wendy, and jesse (all unrelated individuals). when is the s election effective?
The correct answer is January 1, 2021. The explanation is that since the election was made within two and a half months of the beginning of the year, the election is actively effective at the beginning of the year.
The S election is defined as a request filed with the revenue services to change the business' tax status. When you elect S corporation status with the revenue services you get to declare your business as a separate entity from your personal and private finance system.
Usually, businesses change their status from C services to S services by filing an application in the revenue services.
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what tactic was number one in helping north american firms be most successful in their content strategy was:
A content strategy is a plan for using content to accomplish your company objectives. Your target audience will be drawn to your content at every point of the sales process, and you can continue to engage them even after they've made a purchase. Say that one of your business's objectives is to raise brand recognition.
In order to support important business activities, content strategy is the high-level planning, execution, governance, and ongoing management of the content lifecycle. In essence, it's your brand's strategy to use content to increase traffic, leads, engagement, sales, and other business results. Three essential components—brand focus, user experience, and content distribution—are required for a successful content strategy, according to industry experts. A sound content strategy takes a KPI into account and then strives to achieve it. It is a road map that outlines the precise steps that must be performed to accomplish that goal. Of all, even with the best strategy and execution, content initiatives occasionally fail to achieve their KPIs.
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chiptech, inc. paid a $3 dividend last year and is expected to grow the dividend at 10% for the next 2 years. the dividend will then grow at a constant rate of 4%, thereafter. if investors require a return of 12% on this stock, what is chiptech's current price? multiple choice question. $52.15 $43.46 $35.87 $32.19
Chemtech, inc. paid a $3 dividend last year and is expected to grow the dividend at 10% for the next 2 years. the dividend will then grow at a constant rate of 4%, thereafter. if investors require a return of 12% on this stock, what is Chemtech's current price is $43.46.
A bond's future cash payments are discounted by the going market interest rate to get its present value. The sum of the following factors determines a bond's present value: plus the discounted value of the interest payments due every two years. the principal payment's current value on the bond's maturity date. The current price is the cost at which a securities most recently traded hands on an exchange. For buyers and sellers, the current price acts as a benchmark. Present pricing is a good reflection of current worth, but depending on supply and demand, the actual price of the next sale could be greater or lower.
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two rival firms vigorously compete by spending millions of dollars on product improvements and advertising to promote those improvements. this is an example of firms engaging in: a price leadership. b cournot competition. c bertrand competition. d non-price competition. e tacit collusion.
This is an example of firms engaging in Nonprice competition.
The correct option is d.
What do you mean by Nonprice competition?
Non-price competition is a marketing strategy in which "a company attempts to differentiate its products or services from competing products based on attributes such as design and finish."
Non-price competition is commonly found in oligopoly market structures. The difference between two products in an oligopoly without price competition is based on the manufacturer's design or manufacturing technology.
Between two or more producers who sell goods or services at the same price but compete to increase their respective market share through non-price measures such as marketing programs or higher quality Therefore, it often occurs in imperfectly competitive markets .
It is a form of competition that requires companies to focus on product differentiation rather than on pricing strategies among competitors. Such differentiating measures that allow a company to stand out from its competitors and its products may include providing superior service quality, extensive distribution, customer orientation, or other forms of sustainable competition other than price. Includes above benefits.
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Productivity is defined by the formula of outputs divided by ______ for a specified period of time.
Productivity is defined by the formula of outputs divided by inputs for a specified period of time.
In advertising, a product is an object, system, or carrier made available for customer use in keeping with patron demand; it's miles anything that can be provided to a market to fulfill the choice or want of a patron.
A product is an item provided for sale. A product may be a provider or an item. it can be bodily or digital or cyber form. each product is made at a cost and each is offered at a fee. The rate that may be charged depends available on the market, the best, the advertising, and the section this is targeted.
There are 4 styles of products and each is classed based totally on client habits, charge, and product characteristics: comfort goods, shopping items, area of expertise merchandise, and unsought items.
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more established firms, as compared to younger ventures, tend to excel in what part of strategic entrepreneurship?
More established firms generally excel at using a strategic perspective part of strategic entrepreneurship.
What is entrepreneurship?
The establishment or exploitation of economic benefit is referred to as entrepreneurship. According to this interpretation, entrepreneurship is seen as a transformation that typically involves bigger danger than is typical when beginning a business and may also involve interests other than just financial ones.
While bigger, more successful companies typically succeed at employing a strategic viewpoint as a component of enterprise, younger, entrepreneurs and innovation are typically better at implementing entrepreneurial activities.
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What does the federal gov spend the most on?
The U.S. government has spent $406.37 billion in fiscal year 2023 to ensure the well-being of the people of the United States.
The federal government burns through cash on different products, projects, and administrations to help the American public and pay revenue caused from acquiring. In monetary year (FY) 2022, the public authority burned through $6.27 trillion, which was more than it gathered (income), bringing about a shortage.
Federal Government most expenditure is on -
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which of the following is/are examples of intrinsic motivators? (a) praise (b) job security (c) free time (d) perks (e) none of the above
Praise is an illustration of an internal motivator since it increases the desire for improvement.
Intrinsic motivation is the practice of engaging in an activity for its own intrinsic fulfillment as opposed to pursuing a separate benefit. When a person is intrinsically motivated, the fun or difficulty involved in the action serves as their motivation rather than external demands, pressures, or incentives.
Young infants' persistent attempts to grasp, throw, bite, crush, or shout at strange objects are signs of their inherent motivation. Even as people become older and become less significant, human adults are frequently intrinsically motivated, whether they are playing crosswords, making art, gardening, reading books, or watching movies.
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one of the key purposes of variance analysis is to break down the master budget variance into component parts that isolate the effect of changes from the operational plan for number of units sold, amount of inputs used and the amount paid for inputs.. one of the key purposes of variance analysis is to break down the master budget variance into component parts that isolate the effect of changes from the operational plan for number of units sold, amount of inputs used and the amount paid for inputs.. true false
True, One of the main objectives of variance analysis is to divide the master budget variance into subparts that isolate the impact of variations from the operational plan.
What does variance analysis mean?In budgeting or management accounting, variance analysis is the study of differences between actual behavior and predicted or planned behavior. Basically, this is about how the discrepancy between real and planned behavior shows how business performance is being influenced.
What three purposes does variance analysis serve?Businesses can use this comparison to study historical data, keep tabs on costs, and more effectively prepare for future expenses. Material variance, labor variance, and fixed overhead variance are the three primary categories of variance analysis.
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Two oligopolistic firms forming a cartel will want to set a price so that the cartel produces ______________ the allocatively efficient amount.
A less than
B more than
C the same amount as
D One cannot tell.
Two oligopolistic firms forming a cartel will want to set a price so that the cartel produces more than the allocatively efficient amount.
An oligopoly is a market structure in which a marketplace or industry is ruled with the aid of a small quantity of big sellers or producers. Oligopolies often end result from the choice to maximize income, that could cause collusion between agencies. This reduces opposition, increases expenses for purchasers, and lowers wages for personnel. Many industries were mentioned as oligopolistic, together with civil aviation, electricity carriers, the telecommunications quarter, Rail freight markets, food processing, funeral offerings, sugar refining, beer making,[1] pulp and paper making, and automobile manufacturing.
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which company acts on behalf of more than 200 universities, bowls, and conferences to negotiate licensing agreements?
Collegiate Licensing Company acts on behalf of more than 200 universities, bowls, and conferences to negotiate licensing agreements. The Collegiate Licensing Company is an advertising and intellectual licensing firm.
What is a licensing agreement?A licensing agreement is a legal contract between two parties, known as the licensor and the licensee .
In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.
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How do I divide a total to get sales tax amount?
the formula for the sales tax: Sales tax percent divided by 100 is the sales tax rate. List price x sales tax rate equals sales tax. Consider, for illustration, a vending machine where every item is subject to a 7% sales tax.
The most recent month's receipts from the vending machines totaled $481.50. Therefore, $481.50 comprises both the money obtained from goods sales and the sales tax that was levied on those sales. Using algebra, we can determine how much of the $481.50 represents the actual sales amount and how much represents the sales tax on those items: Assume that S represents actual product sales (before sales tax) and that 0.07S represents the sales tax on actual product sales. We can write this as S + 0.07S = 1.07S = $481.50 since the genuine sales plus the sales tax equal $481.50. By dividing $481.50 by 1.07, we may find S. The actual product sales came to $450 as a result. On the actual purchases, there is a 7% sales tax of $31.50.
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question 7 of 10: you have gotten advice that you should spend no more than 30% of your take-home pay on rent. your take-home pay is $1,400 per month. how much can you afford to pay for rent per month?
You can afford to pay for rent per month is $420.
Rental costs are fixed operating or absorption costs of a business, as opposed to variable costs. Rent is often subject to his one- or two-year contract with extension options between the landlord and tenant.
The pension has three concepts: basic pension, economic pension, and quasi-pension. A renter pays Land rent to a landlord for renting land. Landlords receive this price because the land is in short supply. Rent earned by the owner is considered income under existing Indian law. Landlords earning such income are therefore obliged to pay tax on their rental income in India.
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A cost that is relevant to one decision may be irrelevant to a different decision. this statement is?
True. Depending on the decision being made, a cost may be important or irrelevant.
Sunk costs are expenses that have already been paid for and cannot be retrieved. The money was used. A sunk cost is one sort of irrelevant cost in accounting. A management solely takes into account relevant costs and disregards all other costs while considering a new project or investment.
Relevant costs are those that will be incurred regardless of whether a decision is taken when a management is considering a specific course of action, whereas irrelevant costs are those that will not be incurred. Sunk costs are not considerations for decision-making.
An expense could be important for one choice while being unimportant for another.
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if management considers a material loss contingency to be probable but an amount cannot be reasonably estimated, the proper accounting treatment is
If control considers a cloth loss contingency to be probably however an quantity can't be fairly estimated, the right accounting remedy is: notice disclosure only.
The required details for Note disclosure in given paragraph
Note disclosures constitute a essential factor of the records that monetary announcement customers rely upon to make choices associated with a government’s monetary health, in addition to to evaluate whether or not governments were fiscally and operationally accountable. The GASB closing carried out a complete overview of notice disclosures in 1997. That research, which caused the improvement of No. Statement 38, Certain Financial Statement Note Disclosures, targeted on disclosure necessities powerful via 1994. The GASB has advanced full-size steerage on many varieties of monetary reporting subjects considering the fact that that time. Existing steerage for notes to the monetary statements identifies 17 awesome disclosures (such as the precis of widespread accounting policies, which itself contains thirteen or 141 required disclosures) which might be crucial to truthful presentation (Codification Section 2300, paragraph .106) and sixty one extra disclosures that have to be supplied if applicable (paragraph .107).
Those seventy eight notice disclosures are covered inside numerous NCGA and GASB pronouncements via GASB Statement No. 72, Fair Value Measurement and Application.
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The amount of goods and services you can buy with a dollar in the global market ________. The fed can create more money when it believes more money is needed to get the economy moving again.
The amount of goods and services you can buy with a dollar in the global market is Purchasing power. The fed can create more money when it believes more money is needed to get the economy moving again.
What occurs when the Fed raises the money supply?A rise in the money supply has two effects: it lowers interest rates, which encourage investment, and it puts more money in the hands of consumers, which makes them feel wealthier and encourages consumption.
The quantity of products or services that one unit of money can currently purchase is known as its purchasing power.
Therefore, one can say that the amount of goods and services that one monetary unit can purchase is known as its purchasing power. The purchasing power of currency decreases over time as a result of rising costs.
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