What are 3 methods of saving?

Answers

Answer 1

Three methods of savings are a deposit account, a pension account, an investment fund, or as cash.

What is an investment fund ?

The advantages of a savings account and those of investing are combined in the investment fund account. Compared to a savings account, investment funds give you the chance to profit from increased long-term earnings potential and to share in the expansion of the financial market.

What is a pension account?

,Pension account pool a sizable amount of wealth for profit-making investments in the stock and bond markets. A pension account represents an institutional investor and makes substantial investments in both public and private businesses.

To learn more about investment funds click here:

https://brainly.com/question/28543144?referrer=searchResults

#SPJ4


Related Questions

a systematic process for determining and prioritizing the training programs to be developed and delivered by an organization: a. is known as the rapid model of instructional design b. is proactive needs assessment c. begins with program design d. is organization analysis

Answers

A proactive needs assessment is a methodical procedure for selecting and ranking the training courses that an organization should create and provide.

The training development cycle's first stage is which of the following?

Finding out what training needs the organization has is the first step in creating a training program. Organizational assessment is the first of three layers of training requirements analysis, along with occupational (job) evaluation and individual assessment.

What kind of training is available?

A few well-known examples include franchise training, technical skills training, soft skills training, product/service training, compliance training, orientation training, onboarding training, and managerial/leadership training.

To learn more about orientation training here:

https://brainly.com/question/5588119

#SPJ4

Is direct deposit only for paychecks?

Answers

Direct deposit is not only for paychecks it can be used in many ways.

It is widely used for your paychecks. But you can also set up direct deposit to get your tax returns, government stimulus checks, unemployment checks, and other forms of payments. You often have the option to divide your direct deposit among many accounts (especially if it pertains to your employer's payment).

You have the option to divide your direct deposit among many accounts in certain circumstances (particularly for your employer's salary). You might instruct your company, for instance, to automatically deposit 80% of each paycheck into your checking account and 20% into your savings.

To learn more about Paychecks click here:

https://brainly.com/question/6112111?referrer=searchResults

#SPJ4

in the case of a higher wage, there will be: multiple choice question. a decrease in the demand for labor. an increase in the demand for labor. an increase in the quantity of labor demanded. a decrease in the quantity of labor demanded.

Answers

In the case of a higher wage  an increase in the demand for labor.

Wage rises cause inflation because the cost of conducting business grows as wages do. To cover the cost rise and maintain the same level of profitability, businesses must increase the prices they charge for their goods and services. Changes in compensation or remuneration will result in a change in the amount of work necessary. If the pay rate increases, employers will want to hire fewer people. The amount of labor sought will decrease, and the demand curve will shift upward. An employee's income rises as a result of earning more money, which in turn increases demand for all commodities, including leisure, and reduces the labor pool available to fill open positions.

Learn more about higher wage from

brainly.com/question/29671185

#SPJ4

so how do i unblock spotify the school Ashby public school and i do not know how to unblock it help me pls for 53 points and it has to work or i will not get you the points!

Answers

Answer:

you need a vpn,

If you have a computer, find a vpn. It helps you change your IP address to where ever. Select a random country and your good to go

when the code of ethics was modified to reflect growth in the sector of financial public relations, the prsa worked with what government agency?

Answers

When the code of ethics was modified to reflect growth in the sector of financial public relations, the prsa worked with the US Securities and Exchange Commission (SEC).

What is code of ethics?

A code of ethics is a set of principles and rules that guide the decisions and actions of individuals and organizations. It outlines what is accepted and forbidden behavior, and serves to guide moral choices and provide a standard for behavior. A code of ethics helps organizations maintain integrity, build trust, and operate in an ethical manner. It also sets the standard for how people should conduct themselves in the workplace, at home, and in the community.

The PRSA worked with the SEC because the SEC is the government agency responsible for regulating the financial sector, and the PRSA wanted to ensure that its Code of Ethics was updated to reflect the latest regulations and standards governing financial public relations.

It can be concluded that when the code of ethics was modified to reflect growth in the sector of financial public relations, the prsa worked with the US Securities and Exchange Commission (SEC).

To know more about code of ethics, check this link:

https://brainly.com/question/13322747

#SPJ4

lee inc. owned all of martin corp. for 2021, lee reported net income (without consideration of its investment in martin) of $350,000 while the subsidiary reported $127,000. there are no excess amortizations associated with this consolidation. the subsidiary had bonds payable outstanding on january 1, 2021, with a book value of $303,000. the parent acquired the bonds on that date for $285,000. during 2021, lee reported interest income of $32,000 while martin reported interest expense of $29,000. what is consolidated net income for 2021? a. 498,000 b. 456,000 c. 462,000 d. 477,000 e. 492,000

Answers

$492,000

Income of the Parent $350,000 + Income of the Subsidiary $127,000 − Difference in Interest Income over Interest Expense on Intra-Entity Bonds ($32,000 − $29,000) $3,000 + Gain on Bonds Purchase ($303,000 − $285,000) $18,000 = $492,000 Consolidated Net Income.

How much do you earn in interest?

Interest earnings are the earnings a person obtains from particular bank accounts or by lending money to others. Interest income that is chargeable means it is taxable for tax purposes. Unless specifically exempt, all interest income is taxable.

What is included in simple interest income?

To calculate simple interest, multiply the principal amount and the number of days between payments by the daily interest rate. Simple interest is advantageous to borrowers who pay their monthly loans on time or ahead of schedule. Auto loans and short-term personal loans are the most common types of loans with simple interest rates.

To know more about interest income visit:

https://brainly.com/question/17199831

#SPJ4

when companies sponsor stadiums and buildings, such as chase field in phoenix, arizona, or the capitol federal hall at the university of kansas-lawrence, it is an example of

Answers

when companies sponsor stadiums and buildings, such as chase field in phoenix, arizona, or the capitol federal hall at the university of kansas-lawrence, it is an example of B) venue marketing.

What is marketing?

Marketing can be described as the activity or business of promoting as well as selling products or services, including market research and advertising.

It should be noted that during this process the venue is the most important aspect of the event because it serves as thespace for your group and shapes the experience of all attendees and affects the logistics during the marketing.

Therefore, option B is correct.

Learn more about marketing at:

https://brainly.com/question/25369230

#SPJ1

missing options:

A) reputation marketing

B) venue marketing

C) guerilla marketing

D) corporate hegemoy

E) reactive marketing

how did the business skills of cosimo de medici contribute to the success of florence as a hot spot of finance and renaissance art?

Answers

The Medici are most known for supporting the arts. Patronage is the act of a wealthy individual or family supporting an artist. For large pieces of art, they would give painters commission payments .The patronage of the Medici had a significant influence on the Renaissance because it freed artists from financial concerns so they could concentrate on their work.

The Medici family, wealthy business people who also valued art, made financial contributions to the Renaissance. They frequently hosted artists and placed commissions for works to be created for their palace, which also houses their family's mausoleum, the Medici Chapel, a Michelangelo masterpiece. Thanks to Cosimo's meticulous and skilled banking operations, the Medici family leveraged the momentum of their riches to support their political influence in Florence and fund the best artists and initiatives during the Renaissance. Cosimo encouraged artists, which aided in the development of the arts during the Florentine Renaissance. Because of his patronage role, he was also known for "dispensing favors."

Learn more about Medici from

brainly.com/question/2985087

#SPJ4

in order to most profitably engage in price discrimination, a firm will lower the price for consumers whose demand is _____ and raise the price for consumers whose demand is ______.

Answers

Only those who have low time values or are price sensitive really use the refund, resulting in bigger earnings than if they had simply cut the price.

What does pricing mean?

Or each individual commands a fee. It is rumored that if someone offers them enough money, they can convince anyone to do something immoral or dishonest. There are always some who have, although it may not seem true that every person has a price. Simple Idioms Dictionary for Learning.

How much does grammar cost?

The words for price and prize are nouns, respectively. The definition of price is "the amount of cash you spend to buy something": In certain nations, breakfast is included in the cost of a hotel room. A prize is something you receive after competing.

To know more about price visit:

https://brainly.com/question/29822106

#SPJ4

which of the following statements about the internet is false? select one: a. the internet is the most used media channel for miscellaneous advertising used by retailers today. b. the internet provides a platform for a retailer to employ a relatively low-cost integrated marketing communications mix. c. a key aspect of the internet is its ability to provide customers with information. d. the communication elements of advertising, sales promotion, and public relations are all strategic options a retailer can use when communicating with its various publics through the internet. e. the internet is playing an important promotional role for retailers.

Answers

The internet is the most used media channel for miscellaneous advertising used by retailers today this statement is false.

Internet marketing is the process of promoting a business and its goods or services online using methods that increase leads, traffic, and sales. Internet marketing, often known as online marketing or digital marketing, uses digital platforms to disseminate advertising messages. The word "internet marketing" serves as a catch-all for a variety of marketing techniques and methods. There is one aspect that all of these strategies have in common: they all center on delivering content. This theme applies to emails, search engines, social media posts, and blog articles.

The era of fervent sales pitches and conventional marketing is over thanks to content marketing. Businesses can now deliver pertinent information to their audience with pin-point accuracy. That's exactly what today's consumers want, so this is ideal.

To learn more about Internet marketing please click on the given link: https://brainly.com/question/28137483

#SPJ4

the process through which new employees learn the attitudes, knowledge, skills, and behaviors required to function effectively within an organization is

Answers

The process through which new employees learn the knowledge, skills, attitudes, and behaviors required to function effectively within an organization is called 'onboarding'.

Onboarding, also called organizational socialization, is the process through which new employees acquire the necessary knowledge, skills, attitudes, and behaviors in order to become effective organizational workers.  Onboarding helps employees understand the culture of the organization; build relationships with their peers and experienced workers; learn the required knowledge and skills; and adopt desired attitudes and behaviors.

You can learn more about Onboarding at

https://brainly.com/question/13913379

#SPJ4

in a free-floating exchange rate system, the price of a country's currency in terms of another is determined purely through group of answer choices the central bank determining the free-floating equilibrium. the price of gold on the free market. market forces. market planners who observe the market forces.

Answers

In a floating rate market, the prices and the exchange rate of various currencies are determined by the demand and supply to reach a fair price discovery so it can be attributed to market forces.

It is not determined by central banks or gold or market planners. Thus, The correct answer is option (C) Market Forces.

Supply and demand, often known as market forces, define how scarce resources are distributed as well as the relative costs of commodities, services, and assets in a market economy. There is no government meddling in a free market economy.

Market dynamics, as it is sometimes known in economics, describes how these factors ultimately impact the economy and development of a country. They are endless and have the power to influence foreign markets and global commercial deals.

Based on social, demographic, cultural, economic, technological, political, and legal variables, these influences differ from one nation to the next.

To learn more about Market Forces, please refer:

https://brainly.com/question/16195516

#SPJ4

projected future financial statements are called: a. plug statements. b. pro forma statements. c. reconciled statements. d. aggregated statements. e. comparative statements.

Answers

Projected destiny economic statements are referred to as b) seasoned forma statement.

The required details for pro forma statements in given paragraph

Pro forma economic statements are economic reviews primarily based totally on hypothetical eventualities that utilize assumptions or economic projections. They are beneficial equipment that commercial enterprise owners, investors, creditors, or decision-makers can use to study exclusive iterations of destiny occasions primarily based totally on positive economic assumptions. Pro forma means “for the sake of form” or “as a depend of form." When it seems in economic statements, it suggests that a technique of calculating economic effects the use of positive projections or presumptions has been used.

Pro forma financials aren't computed the use of normally normal accounting principles (GAAP) and typically miss one-time fees that aren't a part of everyday agency operations, consisting of restructuring fees following a merger.

To know about pro forma statements click here

https://brainly.com/question/13126457

#SPJ4

cash paid for an expense in one fiscal period that is not used until a later period.

Answers

Cash paid for an expense in one fiscal period that is not used until a later period is called a prepaid expense.

A prepaid expense is an fee that has been paid for earlier but no longer yet incurred. In enterprise, a prepaid cost is recorded as an asset at the stability sheet that outcomes from a business making superior payments for goods or offerings to be obtained inside the future.

Prepaid expenses are future prices which are paid earlier, which include hire or coverage. at the balance sheet, prepaid costs are first recorded as an asset. as the benefits of the assets are found out over the years, the quantity is then recorded as an cost.

The maximum commonplace examples of pay as you go prices encompass rent; device paid for before use, Salaries, Taxes, application bills, hobby expenses, etc.

Learn more about prepaid expense here : https://brainly.com/question/28995167

#SPJ4

The _____________ is the result of eliminating middle management positions in order to shorten lines of communication within the organization

Answers

The trend toward flatter organizations is the result of eliminating middle management positions in order to shorten lines of communication within the organization.

Which of the accompanying ecological sweeps could zero in on interior elements while doing a SWOT examination?

The ecological sweep assesses outer variables as far as any open doors and dangers while the SWOT examination assesses interior elements regarding qualities and shortcomings.

What part of SWOT examination is alluded to as outer components in the climate that give benefits for the association?

A SWOT (qualities, shortcomings, open doors and dangers) investigation takes a gander at interior and outer variables that can influence your business. Inner elements are your assets and shortcomings. Outer variables are the dangers and amazing open doors.

What do you mean by idea of business Association depict capability and targets of business Association?

Business association Definition

A business association is a foundation planned to convey business by creating labor and products and address the clients' issues. The greater part of the associations have a standard like social construction, reason objectives, usage of assets, rules and guidelines, and so forth.

Learn more about SWOT here:

https://brainly.com/question/25066799

#SPJ4

for someone to cancel cable service, the cable company requires customers to either stand in line to return their modem boxes or pay for the cost of the device. this is an example of

Answers

For someone to cancel cable service, the cable company requires customers to either stand in line to return their modem boxes or pay for the cost of the device. this is an example of a switching cost.

What is switching cost?The expenses a consumer incurs as a result of switching brands or goods are known as switching costs. Financial, psychological, effort-based, and time-based switching costs are all possible. High switching costs and low switching costs are two different categories of switching expenses.In the fields of marketing, strategic management, and microeconomics, switching costs and switching barriers are commonly used phrases. They may be characterized as the drawbacks or costs customers believe they incur, as well as the financial and emotional costs associated with changing from one choice to another.It makes it difficult to imitate a grocery store's service, for instance, if it provides free delivery while its rivals don't.

To learn more about switching cost refer to:

https://brainly.com/question/25848285

#SPJ4

during an employee’s leave under the family and medical leave act, an employer must continue to compensate the employee to avoid the potential negative effect of unpaid leave on interstate commerce. t or f

Answers

The following statement "During an employee’s leave under the family and medical leave act, an employer must continue to compensate the employee to avoid the potential negative effect of unpaid leave on interstate commerce" is false.

An organization, firm, government agency, business, consultant, nonprofit, small business, merchant, or individual that employs or places someone who is known as an employee or, in fact, a female employee to work is known as an employer.

There is one quality that every company looks for in its staff members: professionalism and a strong work ethic. No matter what position you end yourself in after college, your employer will anticipate that you have excellent interpersonal and interpersonal communication abilities.

To know more about Employer here

https://brainly.com/question/29835054

#SPJ4

What benefits do political parties bring to politics?

Answers

Political parties are able to communicate political facts to the electorate in a way that is simple to comprehend.

By doing this, the group's wide political thought is represented, which promotes order in the nation. Voters learn about each party's position on many issues as a result.

An essential function of political parties in governance They organize people to take over the government, create laws that benefit their interests or the interests of the organizations they represent, and convince citizens to vote for their candidates. Political parties are heavily involved in the administration of all levels of government, although they are not the government itself, and the Constitution makes no mention of them.

To learn more about political parties refer here:

https://brainly.com/question/29545298

#SPJ4

What are three interest groups examples?

Answers

Interest groups can be divided into five types: economic, social, ideological, public interest, and government.

The purpose of common interest groups is to encourage groups of individuals to relate in an organic and flexible way about common intellectual and professional concerns. These advocacy groups represent interests that support and advocate for areas of special need.

For example, the Sierra Club is committed to protecting the environment and wild places on earth. We also focus on educating people to protect the environment. ABA Commission on Homelessness and Poverty. AIDS Policy Center for Children, Youth, and Families. Affordable housing information.

Learn more about Interest groups here:- https://brainly.com/question/14363531

#SPJ4

in 2016, teller company sold 3,000 units at $600 each. variable expenses were $420 per unit, and fixed expenses were $270,000. the same selling price, variable expenses, and fixed expenses are expected for 2017. what is teller's break-even point in units for 2017? group of answer choices 1,500 643 450 750

Answers

The correct answer is $900,000 teller's break-even point in units for 2017.

(Fixed cost + goal net income) divided by contribution margin per unit gives the number of units that must be sold in order to make a certain net profit. The difference in dollars between the sales price and the variable cost of each unit is known as the contribution margin. The targeted revenue is added to fixed expenses to determine the needed sales level, which is then multiplied by the contribution margin ratio to produce the required sales level in dollars, or by the contribution margin per unit to determine the required sales level in units.

To learn more about teller's click the link below:

brainly.com/question/14465638

#SPJ4

gilliam industries records revenue of $6.4 million for an accounting period. in that same accounting period, they have a beginning balance of $392,000 and an ending balance of $439,000 in the accounts receivable account. how should the cash flows from operating activities be adjusted to account for these items? why? assume gilliam uses the indirect method.

Answers

if Gilliam Industries reports $6.4 million in revenue for a certain accounting period. which will result in a $47,000 reduction in cash flows from operational activities.

What is the change in Account Receivable ?

To account for these items, the cash flows from operating operations should be modified by: Gilliam will have to make the necessary adjustments for the change in Accounts Receivable using the indirect method, which will result in a $47,000 reduction in cash flows from operational activities.

The amount of net income must be adjusted to account for operating items that typically affect net income alone when calculating cash flow from operating activities using the indirect method.

Gilliam will need to make adjustments for the change in accounts receivable based on the information provided, which will result in a $47,000 drop in cash flows from operational activities.

Using this formula to find the change in account receivable

Change in account receivable = Beginning balance - Ending balance

Change in account receivable = $392,000 − $439,000

Change in account receivable = -$47,000

Learn more about Cash Flow here

https://brainly.com/question/29817576

#SPJ 1

if you have $3,100 today, how much will it be worth in ten years at 4 percent per year compounded continuously? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

The total compound interest is $1,488.76, bringing the amount to $4,588,76.

Firstly let's determine what values are given, and what we need to find. Given that your initial balance P is $3100 and that you plan to invest for 10 years, we assume that you will make this investment.

In addition, the interest is compounded annually at a rate of 4%, making the m in the compound interest formula equal to 1.

We want to determine your investment's future value, or FV, in order to determine how much money you will make from it.

We must enter the proper figures into the compound interest formula to calculate it:

FV =$3100 * (1 + 0.04/1) ^ (10*1) = 3100+*1.48024428492

=4588.75728325

$3100 - 4588.75728325=-1488.75722833

Your investment will be worth =4588.75728325 after 10 years.

FV - P will be your profit. It is $3100 - 4588.75728325= 1488.75722833

To know more about compound interest click here

brainly.com/question/14295570

#SPJ4

18. during which step of the hazard mitigation planning process should the planning team be established?

Answers

There are 4 steps in mitigation planning and during the first process of organizing and managing the resources, the hazard mitigation method should be established.

There are four main processes to finishing a hazard mitigation plan or plan update, regardless of the plan type. The mitigation planning process varies differently for each state, locality, tribal, and territory authority. The four steps of mitigation planning include organizing and managing data, assessing risks, developing the mitigation strategy, and last but not least adopting and implementing the program.

According to the question, in the first step, only the establishment of a planning team must be done. In the first step, a state, local, tribal, or territory government should concentrate on putting together the necessary resources at the outset of the mitigation planning process. Securing technical skills, establishing the planning area, and selecting important people, organizations, nearby governments, companies, and/or other stakeholders to involve in the process are all part of this. Local and tribal administrations must give the public the chance to comment on the planning process.

To learn more about Hazard Mitigation, click here:

https://brainly.com/question/14326274

#SPJ4

Similar to a stock split, a stock _____ also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.

Answers

Similar to a stock split, a stock dividend also distributes additional shares of stock to existing stockholders on a pro-rata basis at no cost to the stockholders.

In order to expand the number of shares outstanding, a company's board of directors may decide to split its stock by issuing more shares to current shareholders.

A stock split is a ratio-based division of issued shares, whereas a stock dividend is a dividend given in the form of additional shares. A stock dividend offers stockholders additional shares, as opposed to a stock split, which divides already-issued shares into a new number of shares according to a predetermined ratio.

To learn more about the stock split, visit the link brainly.com/question/29762632

#SPJ4

Anything that an agent obtains by virtue of the employment or agency relationship is his or hers to keep.
true
false

Answers

This claim is untrue. Anything a representative receives as a result of their employment or representative status is not theirs to keep.

Why does an agent in an agency partnership have the authority to speak for the client?

A principle selects an agent to stand in for them and protect their interests. Examples include selecting a fund manager as an investor might or hiring a lawyer for legal assistance. A principal-agent problem arises if there is a conflict of interest between the two.

What does the partnership's agency relationship mean?

When one person works on behalf of another and has the power to enter into contracts on the principal's behalf, there is a fiduciary relationship between the two parties that is in both parties' best interests. It could be either a personal or professional relationship.

Learn more about agency relationship: https://brainly.com/question/15129864

#SPJ4

an unfavorable labor efficiency variance will occur if the actual hours worked exceed the standard hours allowed. an unfavorable labor efficiency variance will occur if the actual hours worked exceed the standard hours allowed. true false

Answers

If somehow the duration of time performed exceeds the normal hours allowed, a critical manufacturing overhead discrepancy will develop.

If indeed the average hours served surpass the permitted regular hours, there will be a severe indirect labor variance. This assertion is accurate.

The labor efficiency variance is calculated as follows: Labor efficiency variance = (Actual hours - Standard hours) x Regular rate A negative variance indicates a decline in worker performance, and a positive variance indicates an improvement.

When the actual consumption of the material exceeds the actual usage of the material, there is an adverse materials quantity variance.

A rush order resulting from inadequate planning should often become the operational agency's responsibility.

To know more about labor variance click here

brainly.com/question/16269880

#SPJ4

which program pays medicare part a and b or medicare part c premiums, deductibles, coinsurance, and copayments?

Answers

The program that pays medicare part A and B or medicare part C premiums, deductibles, coinsurance, and co-payments is Qualified Medicare Beneficiary Program

What is Qualified Medicare Beneficiary Program?

The Qualified Medicare Beneficiary (QMB) Program is one of the four Medicare Savings Programs that permits one to acquire assistance from one's state to pay one's Medicare premiums. This Program helps pay for Part A premiums, Part B premiums, and deductibles, coinsurance, and co-payments.

Therefore, the program that pays medicare part A and B or medicare part C premiums, deductibles, coinsurance, and co-payments is Qualified Medicare Beneficiary Program

learn more about Qualified Medicare Beneficiary: https://brainly.com/question/24908169

#SPJ1

when the central bank allows the purchase or sale of domestic currency to have an effect on the monetary base, it is called

Answers

When the central bank allows the purchase or sale of domestic currency to have an effect on the monetary​ base, it is called an unsterilized foreign exchange intervention.

This method of thinking is seen as passive to changes in the currency rate because it allows for changes in the monetary basis.

Central banks do not adopt insulating measures when they carry out unsterilized foreign exchange intervention. As a result, the transaction is unbalanced and simply involves the purchase or sale of money or other assets. The strategy permits the operation of foreign exchange markets without affecting the supply of domestic currency. This implies that a nation's monetary basis is flexible.

Learn more about monetary base here brainly.com/question/14986591

#SPJ4

as you prepare the room for an open exploratory laparotomy, what pieces of basic equipment should you prepare for setup

Answers

Ring stand, back table, Mayo stand, surgical step lifts, sponge bucket, sponge count bags, garbage, timeout briefing/debriefing poster, nurses' station .

What is  Surgical procedure?Surgery is the process of administering care through a bodily opening. In the past, this has meant creating an incision and using it to execute an operation or examine the body component that is being damaged. A person may undergo surgery to investigate or treat a pathological condition, such as an illness or injury, to enhance physical function or attractiveness, or to mend unwelcome ruptured portions.A surgical procedure, an operation, or simply "surgery" can be used to describe the process of doing surgery. The word "operate" here refers to performing surgery. Surgery-related items, such as surgical instruments or a surgical nurse, are described by the term surgical.

To learn more about Surgical Procedure  refer to:

https://brainly.com/question/26724240

#SPJ4

What gives a country absolute advantage?

Answers

A country has an absolute advantage when it gains a productivity edge of a good over other countries producing the same good in the global market.

Absolute advantage refers to the advantage of a country or a firm producing goods in the same amount of input per unit of time. The number of goods produced will be equal to other competitors but with a lesser quantity of inputs. A country will have an absolute advantage if they have advanced technology involved in producing the same amount of goods.

Adam Smith, a Scottish economist suggested that while trading in a global market, countries can specialize in particular goods or inputs in production. This will gain them specialization in that input and help more countries to gain an absolute advantage.

Learn more about absolute advantage here https://brainly.com/question/6074572

#SPJ4

Other Questions
as medical tourism grows, hospitals outside the united states are promoting services that include the surgery, doctors' fees, and recuperative stays in resorts for one price. this pricing strategy is: a. bundled pricing. b. price leader. c. leader pricing. d. price lining. What part of the story is it in when Dorothy wakes up in The Wizard of Oz and realizes it was all a dream?A. the conclusionB. the climaxC. the characterD. the conflict Flint corporation borrowed $1,092,000 from central bank on may 31, 2019. The 3-year, 7% note required annual payments of $416,108 beginning may 31, 2020. Interest expense for the year ended december 31, 2019 was. 1. Who was Joseph McCarthy and what was McCarthyism? identify whether the given items are examples of imports, exports, or neither. assume the united states is considered the domestic country. unless otherwise instructed, you may use the periodic table in the chemistry: problems and solutions book for this question. which amount has the greatest mass? what is an internet monitoring technique that captures keystrokes on their journey from the keyboard to the motherboard? Describe the role of the Calvin cycle in photosynthesis. In an experiment, Shara feeds her rat different brands of rat food (brands X, Y, and Z) each for 2 weeks and weighs the rat over several days, during the period of each diet. What is the independent variable? the duration of each period the rat's change in weight during the period the amount of water that the rat gets in each period the brand of food that Shara feeds the rat on a control chart, what separates sample points indicating common causes of variation from those indicating assignable causes of variation? PICTURE Finding Cube RootsEvaluate the expression. the molar enthalpy of solution of a salt that dissolves endothermically in water is measured in a coffee-cup calorimeter by weighing a known amount of distilled water into the cup and measuring its temperature, then adding a known mass of the salt to the water and measuring the temperature after the salt dissolves. if some water is initially present in the cup before the weighed amount of water is added, what is the effect on the experiment? a marginal cost pricing rule for a natural monopoly sets marginal cost equal to group of answer choices minimum average variable cost. marginal revenue. average cost. price. the smaller of price or marginal revenue. What is the main idea of Fourth of July? Select True or False for each statement: The solubility of gases in water decreases with increasing temperature Most solids are more soluble at higher temperature. Pressure has little effect on the solubility of liquids and solids because they are almost incompressible. a small insect smashes into the windshield of your car while you are zooming down the interstate. which experiences a larger acceleration; the bug or the car? How does the Taj Mahal represent love? find the cost per meal if you serve 120,000 meals, spend $46,000 in food purchases and $1250 worth of food was removed from the inventory. The assets and liabilities of a doctor are listed below.Home Value $589,674Mortgage $99,408Credit Card Balance $8,057Owned Work Equipment $51,797Car Value $61,182Investments $59,090Personal Loan $76,348What is the total value of the doctor's capital assets? $51,797 $61,182 $589,674 $702,653 What is -9 + (-11) 4?