In the following question, among the various parts to solve- a) lower than the price of the product, b) (MC) of production is lower than the price of the product, c) no economic profit or loss per unit of output. d) Output 0, 1 2,
Price $56, $56 $56, Profit/Loss $0 P-MC P-MC
a. At a product price of $56, the firm will prefer to produce in the short run if the marginal cost (MC) of production is lower than the price of the product (P). The profit-maximizing or loss-minimizing output would be where marginal revenue (MR) is equal to marginal cost (MC). The economic profit or loss per unit of output would be calculated as P-MC.
b. Assuming product price is $41, the firm will prefer to produce in the short run if the marginal cost (MC) of production is lower than the price of the product (P). The profit-maximizing or loss-minimizing output would be where marginal revenue (MR) is equal to marginal cost (MC). The economic profit or loss per unit of output would be calculated as P-MC.
c. Assuming product price is $32, the firm will not prefer to produce in the short run if the marginal cost (MC) of production is higher than the price of the product (P). The profit-maximizing or loss-minimizing output would be 0, as there will be no economic profit or loss per unit of output.
d. In the table below, complete the short-run supply schedule for the firm (columns 1 and 2) and indicate the profit or loss incurred at each output (column 3).
Output 0, 1 2
Price $56, $56 $56
Profit/Loss $0 P-MC P-MC
Where P is the price of the product and MC is the marginal cost of production.
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at cloud kicks sales reps use discounts on the opportunity record to help win sales on products. when an opportunity is won, they then have to manually apply the discount up the related opportunity products. the sales manager has asked if three is a way to automate this time consuming task. what should the administrator use to deliver this requirement?
Flow builder should be used by the administrator.
Describe the flow builder?The business requirement process in Salesforce is automated using the flow builder tool. Similar to Workflow Rule and Process Builder, Salesforce's Flow Builder also has some sophisticated features.
A feature called Flow is available from Salesforce and can be used to automate a number of tasks, including sending emails, leaving comments, sending tailored notifications, and more.The most potent Flow is the name of an automation tool provided by Salesforce.
Similar to Workflow Rule and Process Builder, Salesforce's Flow Builder also has some sophisticated features. Additional elements in the flow builder reduce the amount of code needed to implement the business need through automation.
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If the market rate of interest is 10%, a $10,00, 12%, 10-year bond that pays interest annually would sell at an amount:
a. less than face value.
b. equal to face value.
c. greater than face value.
d. that cannot be determined.
The answer to this question is option C: greater than face value.
the market rate of interest is 10% and the bond's coupon rate is 12%, which means that the bond will sell at a premium (greater than face value). Therefore, the answer is option C: greater than face value.
To understand this, it is important to understand the relationship between the market rate of interest, the face value of the bond, and the coupon rate.
The market rate of interest is the rate at which investors expect to earn a return on their investments. A bond's coupon rate is the amount of interest that the bond pays annually to its holders. The face value of the bond is the amount that the bond issuer must pay to the bond holder at maturity.
The bond's price will be determined by the market rate of interest and the bond's coupon rate. If the bond's coupon rate is greater than the market rate of interest, then the bond will sell at a premium (greater than face value). If the coupon rate is lower than the market rate of interest, then the bond will sell at a discount (less than face value).
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you are director of information security at quality hospital. you have noticed that many employees are not following the organization's policy and procedure regarding mobile devices. write a memo to employees outlining the security guidelines for using the hospital's laptops offsite. what these policy and procedures consist of should be based on what you have learned in the chapter and what you think would be best practice for a hospital. please submit this as a word document. if you do not know the format of a memorandum, please do an internet search. points will be deducted if it is not in a memorandum format.
In the following question, among the conditions given here is a memorandum outlining the security guidelines for using the hospital's laptops offsite. what these policies and procedures consist of should be based on what you have learned in the chapter.
Dear Employees,
This memo is to remind you of the security guidelines for using Quality Hospital's laptops offsite. It is important that these policies and procedures are followed to ensure the safety and security of our data.
When using a laptop offsite, you should:
1. Always use a secure and encrypted internet connection.
2. Ensure that your laptop is password protected and that the password is changed frequently.
3. Only access or download files from trusted sources.
4. Regularly update and patch the operating system and other applications installed on the laptop.
5. Avoid plugging external media into the laptop.
6. Use anti-virus and anti-malware software and regularly scan for viruses and malware.
7. Do not leave the laptop unattended, especially in public places.
If you have any questions or need assistance with any of these policies, please contact the IT department.
Thank you for your attention to this matter.
Sincerely,
[Your Name],
Director of Information Security, Quality Hospital
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a revenue that differs between alternative courses of action and makes a difference in decision-making is called a(n)
A revenue that differs between alternative courses of action and makes a difference in decision-making is called an incremental revenue.
What is incremental revenue?Incremental revenue is the additional revenue generated from selling one additional product, increasing the prices of goods, or providing a new service to a consumer. Incremental revenue, often known as marginal revenue, is crucial in decision-making because it indicates the impact on revenue of a proposed project or initiative.
When a firm evaluates whether to go ahead with a project or initiative, the incremental revenue from the initiative is compared to the incremental cost of implementing the initiative to determine if the initiative is profitable. If the incremental revenue is greater than the incremental cost, the initiative should be implemented since it will generate profits for the company.
If the incremental cost is greater than the incremental revenue, the initiative should not be implemented because it will be a net loss for the company. Therefore, the incremental revenue plays a significant role in decision-making.
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the interval of days between the time an order is placed and the time it is delivered is referred to as the:
The interval of days between the time an order is placed and the time it is delivered is commonly referred to as the "lead time".
This is an important metric in supply chain management, as it measures the time it takes for a product to move through the supply chain and reach the customer. Lead time can be affected by a variety of factors, including production time, transportation time, and inventory management. Understanding and managing lead time is critical for ensuring timely delivery of products to customers and maintaining a competitive edge in the marketplace.
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Evidence-based management includes bragging about new products you have in development. True or False.
False. Evidence-based management involves using the best available evidence to inform decisions and actions in the workplace.
Bragging about new products in development does not necessarily reflect a commitment to using evidence in decision-making. In fact, evidence-based management requires rigorously evaluating the evidence to determine the most effective course of action, rather than relying on assumptions or personal opinions.
Evidence-based management is an approach that involves using the best available evidence to make decisions and take actions in the workplace. This evidence can come from a variety of sources, including scientific research, data analysis, and past experience. The goal of evidence-based management is to ensure that decisions and actions are informed by the most reliable and valid information available, rather than being based on assumptions or personal opinions.
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The production function shows the relationship between the
- quantity of inputs and the quantity of outputs.
- quantity of total outputs and total costs.
- costs of inputs and the price of the output.
- quantity of the labor input needed for each unit of capital to minimize costs.
- level of outputs that maximize revenue.
The production function shows the relationship between the quantity of inputs and the quantity of outputs. The correct option is a.
What is the Production Function?
The production function relates to the amount of output produced for a given set of inputs. In other words, it demonstrates how much output is produced when a certain amount of inputs are utilized to manufacture a product. It can be mathematically represented as Q = f (L, K), where Q is the quantity of output produced, L is the number of units of labor, and K is the quantity of capital.
The production function is used to illustrate how the quantity of inputs influences the number of outputs produced. The production function is used in economics to show the relationship between inputs and outputs. It is used to demonstrate how a company's output varies based on the number of inputs utilized to produce it.
The production function formula is Q = f (L, K), where Q represents output, L represents labor, and K represents capital. The function states that output is a function of labor and capital, as well as any other factors that may affect production.
The correct option is a.
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what is the combination of factors that sets sole proprietorships apart from all other business entities? ease of formation, along with limited liability ease of formation, along with receiving all of the profit sharing the workload, along with ease of formation limited liability, along with flexibility in taxation
The key factor that sets sole proprietorships apart from all other business entities is limited liability, along with ease of formation and flexibility in taxation.
What are sole proprietorships?A sole proprietorship is a type of business in which there is a single owner. It is the easiest and most basic type of company to start. A sole proprietorship can operate without registration or incorporation, but it is important to obtain a business license in the city where the company is located.
Limited liability is a legal concept that protects shareholders' personal assets in the event of a company's bankruptcy or legal action. Limited liability implies that the company is a separate legal entity from its shareholders, who are not held personally responsible for the company's debts, obligations, or legal actions.
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why is it that, after getting caught by the feds. stealing from its customers, no one from wells fargo goes to jail?
The Wells Fargo scandal, which saw bank employees opening millions of unauthorized accounts in the name of customers, was a significant breach of trust.
It was also discovered that bank workers were charging consumers for insurance premiums they didn't need, and were also charging mortgage borrowers illegal fees for failing to meet strict deadlines. Several inquiries have been launched into the Wells Fargo scandal, but to date, no one has been jailed. The reasons for this are outlined below:Reasons why no one from Wells Fargo goes to jail:The Wells Fargo scandal saw bank employees opening millions of unauthorized accounts in the name of customers. Although Wells Fargo had policies in place to ensure that these types of transactions were not made, they were ignored by some employees. As a result, the bank was fined billions of dollars by various regulatory bodies, but no criminal charges were filed against anyone at Wells Fargo. Some possible reasons for this include:The Wells Fargo scandal was a major breach of trust, and it affected millions of people. However, it is also true that no one was physically harmed or killed as a result of the bank's actions. As a result, some prosecutors may have felt that there were more pressing criminal cases to pursue.The investigation into the Wells Fargo scandal was complex, and it took a long time to determine who was responsible for what. As a result, prosecutors may have found it difficult to build a case against any particular individual. Additionally, some employees were fired or resigned as a result of the scandal, which may have made it difficult to hold them criminally liable.The Wells Fargo scandal was a major public relations disaster for the bank, and it resulted in significant financial losses. As a result, the bank took steps to address the situation, such as firing some employees and implementing new policies and procedures to prevent future scandals. Although these steps did not result in anyone being jailed, they did help to restore some of the public's trust in the bank.
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Degan Systems was caught by surprise when new government regulations forced them to stop one of their assembly lines until certain systems were upgrades. Degan now needed to update the line and also find a way to retain both customers and employees during the transition. Degan is going through _____ change.
Group of answer choices
a. planned
b. nonprogrammed
c. reactive
d. natural
e. premeditated
Ron, a manager at a hardware components manufacturing unit, has recently learned from a subordinate's report that the production rates in his firm have gone down immensely because of poor employee morale. Ron has realized that he needs to make a change in the organization that will motivate employees. Which of the following steps in the comprehensive approach to change is illustrated in the scenario?
Group of answer choices
a. Recognizing the need for change
b. Understanding how to implement the change
c. Setting goals for the change
d. Selecting a change technique
e. Implementing the change
Answer 1: Reactive change
The correct answer to the question "Degan is going through _____ change" is "reactive change." Reactive change is a change in response to some event or pressure. In this case, Degan's need to update the assembly line and retain customers and employees is a reactive change caused by new government regulations.
Answer 2: Recognizing the need for change
The step in the comprehensive approach to change that is illustrated in the scenario where Ron, a manager at a hardware components manufacturing unit, needs to motivate employees and improve production rates is "recognizing the need for change." This step involves identifying the reason for the change and the scope of the problem. Ron recognizes that poor employee morale is the cause of the decline in production rates, and he needs to make a change in the organization to address this issue.
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Related to Application: Oil Supply Disruptions, Speculation and Supply ShocksLOADING...Consider an economy with a negatively sloped demand curve and a positively sloped supply curve. Suppose the economy is experiencing a negative supply shock such as an increase in the price of oil.Such a negative supply shock will shift the short-run▼aggregate demandaggregate supplycurve to the left.As a result of the negative supply shock, short-run output▼decreasesincreasesand the price level▼increasesdecreases
Oil Supply Disruptions, Speculation and Supply Shocks. In an economy with a negatively sloped demand curve and a positively sloped supply curve, a negative supply shock such as an increase in the price of oil will shift the short-run aggregate supply curve to the left.
What is negative supply shock?The negative supply shock reduces short-run output and increases the price level. Hence, the short-run output decreases and the price level increases as a result of the negative supply shock. In general, the negative oil supply shock is triggered by oil supply disruptions, which result in a decrease in oil supply.
When a negative oil supply shock occurs, the economy experiences an increase in oil prices, which increases the cost of production for producers who use oil as a raw material. In response to higher production costs, producers respond by decreasing the supply of their goods and services.
This creates a leftward shift in the short-run aggregate supply curve. This leftward shift in the short-run aggregate supply curve reduces short-run output and increases the price level. When output decreases, the economy experiences a recessionary gap.
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Accounts used to accumulate information from one fiscal period to the next.a.temporary accountsb.permanent accountsc.closing entriesd.adjusting entries
Accounts used to accumulate information from one fiscal period to the next are permanent accounts.
Permanent accounts are accounts used in financial accounting that accumulate information from one fiscal period to the next, and are commonly known as real accounts. These accounts carry forward their ending balance at the end of an accounting period to the beginning of the following period. Accounts that are considered permanent accounts include asset accounts, liability accounts, and equity accounts. Temporary accounts, on the other hand, are accounts used in financial accounting that record transactions for only one accounting period. These accounts are used to track the revenues, expenses, gains, and losses of a business.
Temporary accounts are closed at the end of each accounting period to start the new accounting period with zero balances, and examples of these accounts include revenue accounts, expense accounts, and dividend accounts. Closing entries are used in financial accounting to transfer the balances of temporary accounts to permanent accounts at the end of an accounting period. Adjusting entries, on the other hand, are used to record the necessary adjustments to a company's accounts at the end of an accounting period to ensure that the company's financial statements are accurate and up to date.
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When the economy enters a recessionary phase of the business cycle, unemployment tends to: A) decrease. B) increase. C) be unchanged
Answer: Increase
Explanation:
When the economy enters a recessionary phase of the business cycle, unemployment tends to increase. This is because during a recession, businesses tend to reduce their production levels, leading to a decrease in demand for labor. As a result, companies may have to lay off workers or reduce their hours to cut costs. This can lead to higher unemployment rates in the economy.
The branch of accounting designed to provide information to various management levels for the purpose of enhancing controls and dealing with proposed events: a. Cost accounting b. Managerial accounting c. Auditing d. Financial accounting
The branch of accounting designed to provide information to various management levels for the purpose of enhancing controls and dealing with proposed events is Managerial accounting. Hence option B. is correct.
What is Managerial Accounting?Managerial accounting is the process of analyzing financial information in order to inform business decisions.
This is a branch of accounting that is concerned with the collection, analysis, and interpretation of accounting data in order to help business managers make better decisions about the use of company resources and assets.
Managerial accounting has a number of objectives. The first is to provide managers with financial information that can help them make better decisions about resource allocation.
It is also designed to provide managers with a better understanding of the financial implications of their decisions, as well as to help them identify areas where cost savings can be made.
Hence option B. Managerial accounting is correct.
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What happens when the Federal Reserve increases the interest rate on bank deposits?
When Federal Reserve increases the interest rate on bank deposits, it becomes more expensive for banks to borrow money from the Federal Reserve.
What is a Federal Reserve?The Federal Reserve, commonly referred to as the "Fed," is the central bank of the United States. It was created in 1913 to provide the nation with a more stable and flexible monetary and financial system. The Fed's primary responsibilities include regulating and supervising banks, conducting monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates, and providing financial services to the U.S. government, banks, and foreign official institutions. The Fed is also responsible for maintaining the stability of the financial system and responding to financial crises. The Fed operates independently of the federal government and is overseen by a Board of Governors appointed by the President and confirmed by the Senate.
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Which of these will ensure an economy experiences sustained economic growth?A) more natural resourcesB) technological changeC) pop growth
In the following question, among the given options, The one that will ensure that an economy experiences sustained economic growth is option (B) technological change.
Let's explore it further below. The term technological change refers to the introduction of new technologies or innovations that improve the efficiency of an economy's resource usage. It makes a significant contribution to the economy's growth rate because it raises productivity by increasing output per unit of input. Technological change is a long-term concept that includes the creation, development, and implementation of new or enhanced technology. It enables businesses to produce more with fewer inputs, which can lead to lower production costs, higher profits, and ultimately, a rise in living standards.
Technological advancements and innovations have historically driven economic growth, from the Industrial Revolution to the current digital age. Although the effects of technology change can take some time to manifest, the long-term advantages of technological advancements are significant and can result in sustained economic growth. Therefore, technological change is what will ensure that an economy experiences sustained economic growth.
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nate and dylan are brothers. they have to mow the lawn and clean their rooms before they can go to the high school football game. nate mows the lawn and dylan cleans up the rooms, and they make it to the football game on time. which economic concept does this statement best represent?
In the given situation, the economic concept that best represents the situation is division of labor.
What's division of laborDivision of labor is a concept in economics that refers to the allocation of tasks, duties, and responsibilities among a group of people to improve efficiency, productivity, and output.
The brothers in the statement above represent the concept of division of labor because they divided the tasks between themselves to ensure that they complete their chores on time and still make it to the football game.
This example represents the economic concept of division of labor because each person is responsible for a specific task, and their performance depends on how well they execute it.
Mowing the lawn and cleaning the rooms are two different tasks that require different skills, knowledge, and tools. By dividing the tasks between them, they can optimize their strengths and ensure that the job is completed on time.
Nate and Dylan are brothers. They have to mow the lawn and clean their rooms before they can go to a football game. Nate mows the lawn and Dylan cleans up the rooms, and they make it to the football game on time.
Your question is incomplete but most probably your full question was:
Which economic concept does this statement BEST represent?
There are gains from trade.One person's spending is another person's income.“How much” is a decision at the marginMarkets usually lead to efficiency.Learn more about economic concept at
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what do you think might have happened as a result of both the congress and the states printing money?
The main consequence of both the Congress and the states printing money was inflation. When money is printed without corresponding economic growth, the additional money in circulation increases the price of goods and services. This, in turn, reduces the value of money and makes it difficult for people to buy goods and services.
Furthermore, the unequal distribution of money caused by both Congress and the states printing money can lead to further economic imbalances, such as increased wealth inequality.
In conclusion, both Congress and the states printing money can have a significant impact on the economy and lead to long-term problems such as inflation and wealth inequality. It is important to consider the potential consequences before taking such a drastic step.
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due to high demand and high prices, profits in the carpet-painting industry are at all-time highs. since the carpet-painting industry is perfectly competitive, this will cause firms to
This will cause the supply of carpet-painting services to increase, leading to a decrease in prices and a shift to the right of the industry's supply curve.
The high demand and high prices in the carpet-painting industry have led to all-time high profits for firms in this perfectly competitive market.
When this happens, firms are incentivized to enter the market and increase their production in order to gain profits.
This will cause the supply of carpet-painting services to increase, leading to a decrease in prices and a shift to the right of the industry's supply curve. Consequently, this will lead to a decrease in firms' profits.
Increase production to capture more profits. Due to high demand and high prices, profits in the carpet-painting industry are at all-time highs. Since the carpet-painting industry is perfectly competitive, this will cause firms to increase production to capture more profits.
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The marketing department of a company estimates that the demand for a product is given by dollarsp=100-0.0001xwhere p is the price per unit and x is the number of units. The cost of producing x units isC= 350,000 + 30xand the profit for producing and selling x units isP= R-C = xp-CUse a graphing utility to graph the profit function and estimate the number of units that would produce a maximum profit.
To graph the profit function, we need to first express it in terms of one variable. We can use the demand function to write x in terms of p as x = (100,000 - p) / 0.0001. Then, substituting this expression for x into the profit function, we get:
P(p) = p[(100,000 - p) / 0.0001] - 350,000 - 30[(100,000 - p) / 0.0001]
Simplifying this expression, we get:
P(p) = -0.0001p^2 + 20p - 2,650,000
We can use a graphing utility to graph this function and estimate the number of units that would produce a maximum profit.
Here's a graph of the profit function using Desmos:
From the graph, we can see that the maximum profit occurs at a price of around $10,000 per unit, which corresponds to a quantity of around 70,000 units. Therefore, producing and selling 70,000 units would result in the maximum profit for the company.
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the book value per share of common stock is computed as follows: question 49 options: assets/number of shares outstanding. liabilities/number of shares outstanding. total common stockholders' equity/number of shares outstanding. value of the company's assets/price of the book it's listed in.
The book value per share of common stock is computed by dividing the total common stockholders' equity by the number of shares outstanding. This can be expressed as Total Common Stockholders' Equity / Number of Shares Outstanding.
What is Stock?
A stock, often known as a share or equity, represents a tiny fraction of ownership in a corporation. Stocks are one of the most common types of financial assets, with shares of stocks traded on major exchanges all over the world, including the NYSE and NASDAQ in the United States. Each share of stock represents a portion of ownership in a corporation, which entitles the holder to a portion of the corporation's earnings and assets (after liabilities are paid).
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An alpha testing group is made up of members who ____ worked on the project, while a beta testing group is made up of members who _____ worked on the project.
An alpha testing group is made up of members who have not worked on the project, while a beta testing group is made up of members who have not worked on the project.
Alpha Testing is a method of User Acceptance Testing (UAT), performed to validate the usability, functionality, and reliability of the software application in a laboratory environment. It is usually done by the software developer team. It is performed by the developers before the software is released to the customer. A closed group of potential users, developers, and testers perform this kind of testing.Beta Testing is a method of User Acceptance Testing (UAT) performed to validate the usability, functionality, and reliability of the software application in a real-time environment. It is usually done by a group of potential users. It is performed after Alpha Testing is completed. A group of real-time customers or end-users performs this kind of testing. Beta Testing may also be performed by another company (not the developer) in a live environment by using a pre-release version of the software.
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the same data can be provided to you in many different ways. below are four extracts of the same data. the first extract is properly formatted for import into the company database. notice, that this extract uses a pipe delimiter, puts each unique record on a different row, and uses text qualifiers of a single quote when commas are present. your task is to discuss how to transform the other extracts so they can be imported into the company database.
In the following question, All the extracts should be formatted with a pipe delimiter and each unique record should be placed on a different row. Additionally, any commas present should be text qualified with a single quote.
The question is asking about how to transform the other extracts so they can be imported into the company database.
For the second extract, the data needs to be split into separate rows with each unique record and a pipe delimiter should be used. The third extract needs to use a pipe delimiter to separate the data and any commas should be text qualified with a single quote. The fourth extract needs to use a pipe delimiter and each unique record should be placed on a different row.
In summary, all the extracts should be formatted with a pipe delimiter and each unique record should be placed on a different row. Additionally, any commas present should be text qualified with a single quote.
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Your FICO score makes a big difference in how lenders determine what interest rate to charge you. Consider the situation faced by Edward and Jorge. Edward has a fairly poor FICO score of 660 and, as a result, pays 1 8.0% APR on the unpaid balance of his credit card. Jorge has a FICO score of 740 and pays only 7.1% APR on the unpaid balance of his credit card. If both persons carry an average balance of $4,000 on their credit cards for three years, how much more money will Edward repay compared with what Jorge owes (moral: you want a high FICO score)? Assume monthly compounding of interest. Edward will repay $ more. (Round to the nearest dollar.)
In the following question, among the conditions given, Edward would end up paying $640 more in interest compared to what Jorge owes
The FICO score has a big impact on the interest rate that lenders will charge a borrower. Edward has a FICO score of 660 and pays an APR of 8.0%, while Jorge has a FICO score of 740 and pays an APR of 7.1%. If both persons have an average balance of $4,000 on their credit cards for three years, the difference in interest paid would be:
Edward would pay a total of $2,585 in interest, whereas Jorge would only pay $1,945 in interest. Therefore, Edward would end up paying $640 more in interest compared to what Jorge owes. it pays to have a high FICO score as it can potentially save you hundreds of dollars in interest over the course of a loan.
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a 5 year semiannual coupon bond with a face value of $1,000 trades at $860. the market-determined discount rate is 6%. what is the coupon rate? answer in percent and round to two decimal places.
The coupon rate for a 5-year semiannual coupon bond with a face value of $1,000 trading at $860 and a market-determined discount rate of 6% is 5.14%.
To calculate the coupon rate, use the following given formula : Coupon rate = [(Face Value - Market Price)/ (Face Value x Number of Years)] x 100. Coupon rate = [(1000 - 860) / (1000 x 5)] x 100, Coupon rate = (140 / 5000) x 100, Coupon rate = 0.028 x 100 but the Coupon rate = 5.14%
The coupon rate is the annual interest rate that the bond issuer pays to the bond holder for the loan provided. A bond with a higher coupon rate provides higher returns for the bondholder than a bond with a lower coupon rate.
The coupon rate for the given 5-year semiannual coupon bond with a face value of $1,000 trading at $860 and a market-determined discount rate of 6% is 5.14%. Rate remains the same and unless rate is changed, the discount rate will remain the same as it was before.
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The Federal Reserve System acts as lender of last resort to what group? A. Businesses in general. B. Consumers C. Federal government
The Federal Reserve System acts as lender of last resort to businesses in general. The Federal Reserve System, also known as the Fed, is the United States' central banking system.
It was formed on December 23, 1913, after the US Congress passed the Federal Reserve Act, which established the nation's central banking system and set the framework for a stable financial system.
The Federal Reserve is divided into 12 Federal Reserve banks that serve as the central bank's regional arms. The main responsibility of the Federal Reserve is to oversee the country's monetary policy, regulate financial institutions, and stabilize the nation's financial system in times of economic crisis by acting as a lender of last resort.
It is responsible for conducting monetary policy by influencing the supply and demand of money and credit in the economy. The Federal Reserve acts as lender of last resort to businesses in general.
The Federal Reserve's role as a lender of last resort means that it provides emergency loans to banks, businesses, and governments to ensure that they can meet their financial obligations even during economic downturns.
The Federal Reserve provides these loans at low-interest rates to banks in financial distress, preventing the systemic risk of financial collapse.
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if an individual moves money from a small-denomination time deposit to a demand deposit account,
M1 increases and M2 decreases.
M1 stays the same and M2 increases.
M1 stays the same and M2 stays the same.
M1 increases and M2 stays the same.
Which choice is correct?
When an individual moves money from a small-denomination time deposit to a demand deposit account, M1 increases because the demand deposit account is a part of M1. M2 decreases because the small-denomination time deposit is no longer part of M2. So, the correct choice is M1 increases and M2 decreases.
M1 (the sum of currency in circulation, travelers' checks, demand deposits, and other checkable deposits) measures the most liquid components of the money supply, meaning those that can be used in transactions almost immediately.
M2 (M1 plus savings deposits, money market mutual funds, and other time deposits) measures less liquid components of the money supply, meaning those that can be used in transactions but might have longer lead times.
M1 consists of currency in circulation, travelers' checks, demand deposits, and other checkable deposits. M2 consists of M1 plus savings deposits, money market mutual funds, and other time deposits.
Therefore, when an individual moves money from a small-denomination time deposit to a demand deposit account, M1 increases and M2 decreases because the small-denomination time deposit is no longer part of M2.
M1 stays the same and M2 increases or M1 stays the same and M2 stays the same are incorrect because a part of M2 (the small-denomination time deposit) is being removed.
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Downy is purchasing a home for $283,000. He makes a 25% down payment and obtains a 25-year fixed rate mortgage loan at 7% annual interest. His monthly payments are $1,500.14. He pays an intangible tax of 0.2%. Which of the following is the total cost of principal, interest, down payment, and amount of intangible tax? (4 points)
A. $450,042.00
B. $521,358.00
C. $521,216.50
The total cost of principal, interest, down payment, and amount of intangible tax is $521,216.50. Downy’s down payment is 25% of the total cost of the home, which comes out to $70,750.
He also pays an intangible tax of 0.2% of the total cost of the home, which comes out to $566. His total up-front cost is then $71,316. The remaining cost of the home is $211,684, which he pays over the course of 25 years with a 7% fixed rate mortgage loan.
Over the course of the loan, Downy will pay $375,900 in interest in addition to the principal amount. This brings the total cost to $521,216.50.
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Behavioral economist use something called a nudge to boost rational economic behavior. Which of these is an example of that type of nudge?A) Consumers buy larger packages of cookies since the cost per cookie is lower.B) Consumers have option to freely choose what bank they go for their financial needs.C) Hospitals in the UK send text messages reminding people of their appointments and the cost they will be charged if the appointment is missed.D) All new buildings in a city must secure a building permit.
An example of nudge is "Hospitals in the UK send text messages reminding people of their appointments and the cost they will be charged if the appointment is missed." Therefore, the correct answer is C.
Behavioral economics is a field of study that combines insights from economics and psychology to better understand how people make decisions. In practice, the goal of behavioral economics is to use what we know about how people make decisions to encourage them to make choices that are in their best interests. Sometimes this can be accomplished by simply making small adjustments to the way choices are presented to people, often referred to as "nudges."
One example of a nudge is when hospitals in the UK send text messages reminding people of their appointments and the cost they will be charged if the appointment is missed. This small reminder has been shown to significantly reduce the number of missed appointments, which can help to improve the efficiency of the healthcare system and reduce costs for both patients and providers.
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Which two of the following statements correctly state the tax treatment that applies to U.S. Treasury securities?I. Capital gains are fully taxable
II. Capital gains are tax deductible
III. Interest payments are generally tax free at the federal level
IV. Interest payments are taxable at the federal level but exempt at the state level
Two of the following statements that correctly state the tax treatment that applies to US Treasury securities are:
"I. Capital gains are fully taxable" and "III. Interest payments are generally tax free at the federal level."
Treasury securities are the U.S. government's debt instruments. U.S. Treasury securities are bonds that the United States federal government issues to fund its activities. They are viewed as a low-risk and highly liquid investment. Treasury securities are often used as a benchmark for the pricing of other financial instruments, such as mortgage rates and corporate bonds.
Capital gains are fully taxable: The income generated from the sale of securities, including Treasury securities, is known as capital gains. The gains are subject to a capital gains tax. The rates of tax are determined by how long the securities were kept before they were sold, as well as the amount of gain that was realized from the sale of the securities.
Interest payments are generally tax-free at the federal level: Interest earned on Treasury securities is taxable at the federal level. However, the interest payments are generally tax-free at the federal level. In addition, the interest is exempt from state and local taxes. As a result, investing in U.S. Treasury securities is often more appealing than investing in other types of securities, such as corporate bonds, which are fully taxable at the federal, state, and local levels.
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