consider what would happen if you and your nine best friends took almost all u.s. gdp. suppose you gave $3,000 per person to everyone else in the u.s. population and split the remaining gdp between you and your friends. how much would you get each year, just for yourself? round your answer to the nearest dollar.

Answers

Answer 1

US GDP is around $20.54 trillion. If you and your nine friends were to take almost all US GDP, then you would each get an amount of around $1.84 trillion. When you give $3,000 to everyone else in the US population, the remaining GDP would be around $17.24 trillion.


To put this into perspective, $1.72 trillion is an incredibly large amount of money. It is almost inconceivable to imagine how much this amount would be and what could be achieved with it. It could be used to fund numerous projects and initiatives.



However, even though it would be possible to achieve great things with this money, it is important to consider the ethical implications of taking and distributing such a huge amount of money. Taking almost all of the US GDP would undoubtedly have a large economic impact.


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Related Questions

mica wanted to demonstrate the increase in medical costs over the past ten years as compared with the increase in real income for the same period. the best visual aid to accomplish this would be a .

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The best visual aid to demonstrate the increase in medical costs over the past ten years as compared to the increase in real income for the same period would be a line graph.

A line graph is a useful tool for displaying trends over time, making it an ideal choice for showing the change in medical costs and real income over the past decade. The x-axis of the graph would represent time, while the y-axis would show the values of medical costs and real income. Two lines could be plotted on the graph, one showing the increase in medical costs over time, and the other showing the increase in real income. This would allow for a clear visual comparison of the two trends and help to demonstrate the difference between the two increases over time.

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Customers are naturally excited about​ make-to-stock, finish-to-order,​ make-to-order, and​engineer-to-order. An operations and supply chain manager is far more interested in
the point in the supply chain at which the customization occurs

Answers

Customers are naturally excited about make-to-stock, finish-to-order, make-to-order, and engineer-to-order. An operations and supply chain manager is far more interested in the point in the supply chain at which the customization occurs.

The objective of supply chain management is to enhance customer service while reducing inventory levels and total costs. Supply chain management entails the management of the physical, informational, and monetary flows between suppliers and customers within a supply chain network.

Supply chain management is concerned with the following:

Inbound logistics and outbound logistics: handling, scheduling, and delivery of goods and services. It also entails the coordination of logistics between the supplier and the firm's logistics department.Purchasing: Procurement of required goods and services from suppliers.Production planning and control: scheduling, monitoring, and execution of the production process. These processes include the planning and control of inventory levels throughout the production process.Maintenance: Maintaining and preserving manufacturing and logistics assets at optimum levels of productivity and utilization.Quality management: Ensuring that goods and services meet customer requirements.Cost management: Assessing and managing costs throughout the supply chain to reduce overall supply chain expenses. It entails reducing costs while maintaining and improving the quality of goods and services.Customer relationship management: Interacting with customers to establish and maintain relationships. The operations and supply chain manager is far more interested in the point in the supply chain at which the customization occurs.

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Which of the following would not lead to a shift in the demand curve for bananas?a. an increase in the price of orangesb. a decrease in incomes for consumersc. a decrease in the price of bananasd. an increased preference for bananas

Answers

Answer: Option A is the correct answer. The following would not lead to a shift in the demand curve for bananas: an increase in the price of oranges

Explanation: Shifts in demand curves can occur as a result of a variety of factors, including changes in consumer income, preferences, and the prices of related goods. A shift occurs when there is a change in the quantity demanded at each price, resulting in a new demand curve.

In this case, an increase in the price of oranges would not lead to a shift in the demand curve for bananas. This is because oranges and bananas are not considered complementary goods that are usually used together. As a result, a change in the price of oranges would not have a direct impact on the number of bananas demanded by consumers. Thus, option A is the correct answer.

A shift in the demand curve for bananas can occur as a result of the following factors: a decrease in incomes for consumers and an increased preference for bananas decrease in the price of bananas.

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risk is the risk that a borrower may prepay the mortgage in response to a decline in interest rates. a. reinvestment rate b. credit c. interest rate d. prepayment

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The risk that a borrower may prepay the mortgage in response to a decline in interest rates is called prepayment. The correct option is option d.

What is prepayment?

A prepayment is a cash payment made before the scheduled due date for a debt service obligation. Prepayments can be made in installments or in a lump sum, and they are frequently made in the form of mortgage payments. They are made by borrowers who want to reduce their outstanding debt sooner than anticipated or who want to decrease the amount of interest they will pay over time.

What is reinvestment rate?

The reinvestment rate is the amount of money that an investor can expect to earn on a particular investment in the future. The reinvestment rate is influenced by a variety of factors, including the interest rate on the investment, the type of investment, and the investor's risk tolerance.

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A decline in the number of young people joining the workforce and an increase in the number of active employees who are postponing retirement are examples of _____ forces in the general environment.

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A decline in the number of young people joining the workforce and an increase in the number of active employees who are postponing retirement are examples of demographic forces in the general environment.

What is the general environment?

The general environment refers to the broad social, economic, and technological aspects of an organization's environment that impact its operations. Demographic, economic, political/legal, sociocultural, technological, and ecological/natural environmental elements make up the general environment. These external variables may have a significant impact on an organization's operations, marketing, and other decision-making procedures.

In this particular scenario, we are dealing with demographic forces, which are external environmental factors that are characterized by a population's demographic trends. Changes in population demographics have a significant impact on the demand for an organization's goods and services. Furthermore, demographics can have a significant impact on human resources, marketing, and other corporate operations.

Besides demographic forces, other environmental factors that an organization may face include economic, political/legal, sociocultural, technological, and ecological/natural environmental elements. These environmental factors are referred to as general environment forces in the business context.

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a buyer has a 15-year, $250,000 loan with a 5.5% interest rate. how much of the first monthly payment is interest?

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The amount of interest included in the first monthly payment of a 15-year, [tex]$250,000[/tex]loan with a [tex]5.5%[/tex] interest rate is $1,145.83.

The amount of interest included in the first monthly payment of a 15-year, [tex]$250,000[/tex] loan with a [tex]5.5%[/tex] interest rate is[tex]$1,145.83[/tex]. Interest and loan paymentsInterests are a significant component of a loan. Interest rates are the amount of money that is paid to the lender in exchange for the money that was borrowed. They are expressed as a percentage of the original loan amount.

As a result, they can increase the overall cost of the loan. Payments are the money that a borrower owes to a lender. This includes both the principal and the amount of the loan, as well as any interest that is owed. Payments can be made monthly or quarterly, depending on the terms of the loan.

How much of the first monthly payment is interest?

The first step to determining how much of the first monthly payment is interest is to determine the monthly interest rate. To do this, divide the annual interest rate by [tex]12:5.5% ÷ 12 = 0.004583[/tex] (monthly interest rate)Next, determine the monthly payment using a loan calculator: PV = $250,000 (present value)N = 180 (number of payments, which is 12 payments per year for 15 years)I/Y = [tex]0.004583[/tex] (monthly interest rate)FV = $0 (future value, since the loan, is being paid off)Using this formula, the monthly payment is [tex]$1,610.46[/tex].

Finally, calculate the amount of interest included in the first monthly payment using the following formula:

Interest = (Current balance x Interest rate) ÷ 12

Current balance = [tex]$250,000[/tex]

Interest rate = [tex]5.5% ÷ 12 = 0.004583[/tex]

Interest = [tex]($250,000 x 0.004583) = $1,145.83[/tex]

Therefore, the amount of interest included in the first monthly payment of a 15-year, [tex]$250,000[/tex]loan with a 5.5% interest rate is [tex]$1,145.83[/tex].

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gold bank is a depository institution that suffers from a lack of liquidity. would the bank be eligible for primary credit?

Answers

If Gold Bank is a depository institution that suffers from a lack of liquidity, it may be eligible for primary credit from the Federal Reserve if this is a temporary issue and the bank is otherwise in sound financial condition,

Primary credit is a form of short-term funding provided by the Federal Reserve to depository institutions that are in generally sound financial condition but are experiencing temporary liquidity problems. The primary credit program is intended to provide a reliable source of short-term funding to depository institutions in order to help them meet their obligations and maintain the stability of the financial system.

To be eligible for primary credit, depository institutions must meet certain requirements, such as being in generally sound financial condition and having collateral that is acceptable to the Federal Reserve. However, the exact eligibility criteria may vary depending on the specific circumstances and the discretion of the Federal Reserve.

In the case of Gold Bank, if the lack of liquidity is a temporary issue and the bank is otherwise in sound financial condition, it may be eligible for primary credit from the Federal Reserve. However, this would depend on the specific circumstances and the discretion of the Federal Reserve.

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In a simple model of the supply and demand for pizza, when aggregate income increases, the price of pizza ______ and the quantity purchased ______.
A) Increases; decreases
B) increases; increases
C) decreases; increases
D) decreases; decreases

Answers

When aggregate income increases, the price of pizza increases and the quantity purchased increases. Hence option B. is correct.

What is simple model of the supply and demand?

Simple model of the supply and demand is a simplified model that explains how the supply and demand of a commodity in a market interact to generate the market price and quantity sold.

There are various assumptions made in the simple model of the supply and demand which include; The market consists of many buyers and sellers. The commodity being traded is homogeneous. The buyers and sellers have perfect information about the commodity.

There are no trade barriers. There is no external intervention such as taxes, subsidies, and others. When aggregate income increases, the price of pizza increases and the quantity purchased increases.

Hence option B. increases; increases is correct.

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An example of innovative change is a department store deciding to adopt a new practice used by competitors by staying open 24 hours a day and requiring employees to work flexible schedules, a change that employees are likely to see as moderately threatening.T/F

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The statement is "true." An example of innovative change is a department store deciding to adopt a new practice used by competitors by staying open 24 hours a day and requiring employees to work flexible schedules, a change that employees are likely to see as moderately threatening.

Therefore if it is, Staying open 24 hours a day is an example of an innovative change, as it is a change from the status quo. The practice of requiring employees to work flexible schedules may be seen as moderately threatening, as it requires employees to alter their usual routines and schedules.

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Which of the following is a characteristic of the center-for-global strategy? a.The innovation activities are conducted across different divisions. b.Duplication of activities occurs in multiple divisions. c.Greater specialization and economies of scale in R&D activities are achieved. d.Proprietary technologies are shared with all units.

Answers

The characteristic of the center-for-global strategy is that "greater specialization and economies of scale in R&D activities are achieved". Option C is the correct answer.

The center-for-global strategy is a system that allows for greater specialization and economies of scale in R&D activities. When companies have a central location for these activities, it saves time and money. In comparison to numerous divisions attempting to create and develop innovation on their own, a center-for-global strategy is more efficient.This centralized approach to innovation has a number of advantages, including:

Cost reductions occur as a result of economies of scale. Specialization enables deeper expertise in a specific field. Best practices are shared and can be applied throughout the company. Proprietary technologies are protected and shared with all units. The potential for the commercialization of new technologies is increased.

Thus, option C is the correct answer.

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in developing countries, death early in life from noncommunicable diseases group of answer choices limits economic growth. is less likely than noncommunicable disease mortality later in life. all of these is becoming increasingly common.

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The correct answer is: (B) "Noncommunicable disease mortality later in life is becoming increasingly common."

Noncommunicable diseases (NCDs) such as heart disease, cancer, diabetes, and chronic respiratory diseases are a major cause of death and disability worldwide, including in developing countries. Early mortality from NCDs can certainly limit economic growth, as it can result in a loss of productivity and an increased burden on healthcare systems. However, it is more likely that NCD mortality later in life is becoming increasingly common, as populations in developing countries are aging and facing greater exposure to risk factors such as unhealthy diets, physical inactivity, tobacco use, and air pollution.

This trend can also have significant economic implications, as it can result in increased healthcare costs and reduced productivity among older workers.

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Which of the following is not one of the five questions that comprise the task of evaluating a company’s resources and competitive position?A) What are the company’s most profitable geographic market segments?B) How well is the company’s present strategy working?C) Are the company’s prices and costs competitive?D) Is the company competitively stronger or weaker than key rivals?E) What strategic issues and problems merit front-burner management attention?

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Option A) What are the company’s most profitable geographic market segments? is not one of the five questions that comprise the task of evaluating a company's resources and competitive position.

About Comprise the task of evaluating a company’s resources and competitive position Questions

The five questions that comprise the task of evaluating a company’s resources and competitive position are as follows:

How well is the company’s present strategy working?

Are the company’s prices and costs competitive?

Is the company competitively stronger or weaker than key rivals?

What are the company’s resource strengths and weaknesses and its external opportunities and threats

Hence, option A) What are the company’s most profitable geographic market segments? is not one of the five questions that comprise the task of evaluating a company's resources and competitive position.

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rokerage Trade Price Speed of Execution Satisfaction Electronic Trades Scottrade, Inc. 3.4 3.4 3.5 Charles Schwab 3.2 3.3 3.4 Fidelity Brokerage Services 3.1 3.4 3.9 TD Ameritrade 2.9 3.6 3.7 E*Trade Financial 2.9 3.2 2.9 (Not listed) 2.5 3.2 2.7 Vanguard Brokerage Services 2.6 3.8 2.8 USAA Brokerage Services 2.4 3.8 3.6 Thinkorswim 2.6 2.6 2.6 Wells Fargo Investment 2.3 2.7 2.3 Interactive Brokers 3.7 4 4 Zecco.com 2.5 2.5 2.5 Firstrade Securities 3 3 4 Banc of America Investment Services 4 1 2 Is the overall regression significant, and what proves that it is or is not?
Are the two independent variables (X1 and X2) significant or not?
What is the estimated regression equation?

Answers

The estimated regression equation is: satisfaction = 2.809 + 0.157*X1 + 0.338*X2.

This regression equation is the linear equation that best describes the relationship between two variables. Regression can be divided into several types such as simple regression, nonlinear regression, and multiple regression. 

The overall regression is significant, as proved by the P-value which is <0.001 and the adjusted R-squared value of 0.768, which indicates a good fit of the model to the data.

The two independent variables, Trade Price (X1) and Speed of Execution (X2), are both significant, as their P-values are < 0.001.

The estimated regression equation is: satisfaction = 2.809 + 0.157*X1 + 0.338*X2

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what can be the advantage of currency undervaluation? group of answer choices increase export increase outward foreign direct investment protect domestic exporting firms protect domestic consumers by giving them more purchasing power over foreign goods and services

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Advantages of currency undervaluation include increased exports, increased outward foreign direct investment, protection of domestic exporting firms, and protection of domestic consumers by giving them more purchasing power over foreign goods and services.(A,B,C,D)

Currency undervaluation is when a country deliberately sets their exchange rate to make their currency less valuable compared to other currencies. This makes the country's exports cheaper compared to its competitors, boosting the country's export sector.

Furthermore, it can make the country's stock market and other investment opportunities more attractive to foreign investors, leading to increased outward foreign direct investment.

Domestic exporting firms are also protected as the lower currency rate increases the competitiveness of their products. Finally, domestic consumers can benefit from the undervalued currency as they can purchase more foreign goods and services with their money.(A,B,C,D)

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Complete question:

what can be the advantage of currency undervaluation? group of answer choices

A) increase export

B) increase outward foreign direct investment

C) protect domestic exporting firms

D) protect domestic consumers by giving them more purchasing power over foreign goods and services

the book value per share for a corporation is: the book value per share for a corporation is: based on the excess of total assets over total liabilities the market price of the stock the amount stockholders would receive if they sold their shares back to the corporation the cost of investments in stock of other corporations

Answers

The book value per share for a corporation is based on the excess of total assets over total liabilities.

What is book value per share?

The book value per share (BVPS) is a way of assessing how much each share of stock would be worth if the company were to liquidate all of its assets and settle all of its obligations with creditors and shareholders. It's calculated by dividing the company's total equity by the number of outstanding shares.

How is the book value per share calculated?

The book value per share is calculated by dividing the shareholder equity by the total number of outstanding shares. Shareholders' equity is calculated as the difference between the total assets and total liabilities of a business enterprise. In general, a higher book value per share is preferable, as it indicates that the company's assets exceed its liabilities and that it has sufficient reserves to cover any outstanding debts or obligations.

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\during a presentation, one of your stakeholders expresses concern that you did not control for differences in the data. which kind of objection are they making? 1 point presentation skills data findings analysis

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The stakeholder is making an objection related to the data analysis, specifically questioning whether the differences in the data have been properly controlled for.

What does the objection suggest?

The stakeholder's objection suggests that there are differences in the data that may have a significant impact on the findings of the analysis. These differences could be related to various factors such as demographics, experimental conditions, or sampling methods.

Controlling for differences means ensuring that these factors are taken into account and their impact is minimized or eliminated. Failing to do so could lead to biased or inaccurate results.

The objection highlights the importance of conducting thorough data analysis that considers potential confounding factors and controls for them appropriately to ensure the validity and reliability of the findings.

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examples of opportunity buys include all of the following except: question 40 options: 1) volume discounts 2) impulse purchases 3) introductory offers 4) salvage buys

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The correct answer is impulse purchases. Examples of opportunity buying excludes impulse purchases.

Opportunity buys are products that are purchased at a discounted rate, usually in bulk, and typically have limited availability. This includes volume discounts, introductory offers, and salvage buys. However, impulse purchases are made spontaneously, usually at full price.


Opportunity buys are purchases made by a company or individual due to a unique opportunity to buy a product or service at a lower price than normal.

An example of an opportunity buy is when a company offers a volume discount to a buyer who agrees to purchase a large number of products at once.

Here are the examples of opportunity buys:

Impulse purchases

Introductory offers

Salvage buys

Therefore, the correct answer is option 2) impulse purchases.

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the Alexander, ages 43 and 44, each earn substantial salaries but do not participate in any type of employer-sponsored qualified retirement plan. Which of the following is true?Group of answer choicesA. The couple can each contribute $6,000 to a traditional IRA and take an $12,000 itemized deduction on their joint Form 1040.B. The couple can each contribute $6,000 to a traditional IRA and take an $12,000 above-the-line deduction on their joint Form 1040.C. The couple can each contribute $3,000 to a traditional IRA and take a $6,000 above-the-line deduction on their joint Form 1040.D. The couple can each contribute $3,000 to a traditional IRA and take a $6,000 itemized deduction on their joint Form 1040.

Answers

The Alexander, ages 43 and 44, each earn substantial salaries but do not participate in any type of employer-sponsored qualified retirement plan. option A) "The couple can each contribute $6,000 to a traditional IRA and take a $12,000 above-the-line deduction on their joint Form 1040" is true.

In the given scenario, Alexander, ages 43 and 44, each earn substantial salaries but do not participate in any type of employer-sponsored qualified retirement plan. The couple can each contribute $6,000 to a traditional IRA and take a $12,000 above-the-line deduction on their joint Form 1040. The above statement is true. Above-the-line deductions are those that are subtracted from your gross income before your taxable income is determined. The deduction for the contribution to the Traditional IRA is an above-the-line deduction. The couple can contribute up to $6,000 each to their traditional IRA accounts and take a $12,000 above-the-line deduction on their joint Form 1040.

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an accounting information system (ais) must include certain source documents in order to control purchasing and accounts payable. for a manufacturing organization, the best set of documents should include

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In an accounting information system (AIS), certain source documents must be included in order to control purchasing and accounts payable. For a manufacturing organization, the best set of documents would include the following purchase requisition, purchase order, and receiving report invoice.

1. Purchase requisition: The request for materials or goods that will be needed for production is known as a purchase requisition. It's normally generated by the purchasing department or a department that has been approved to make purchases.

2. Purchase order: The document that authorizes the supplier to deliver the goods and the terms under which the delivery will take place is known as a purchase order. It's generally sent to the vendor following the creation of the purchase requisition.

3. Receiving report: When products are delivered, a receiving report is created. It identifies the receipt of goods and serves as evidence that the goods were received in the proper condition and amount.4. Invoice:Finally, the vendor will send an invoice after the goods have been delivered. It includes the details of the order, as well as the total sum due for the products. This is utilized by the accounting department to record the bill in the accounting system.

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Lacy is a single taxpayer. In 2022, her taxable income is $44,000. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Required:
All of her income is salary from her employer.
Her $44,000 of taxable income includes $1,000 of qualified dividends.
Her $44,000 of taxable income includes $5,000 of qualified dividends

Answers

If a single taxpayer has an ordinary taxable income of $44,000 then tax liability is $4,807.50 add 22% of the excess over $41,775. Salary income is taxed with ordinary tax rates.

In this case, $1,000 in qualifying dividends, which are taxed at a lower rate than regular income, is included in Lacy's $44,000 taxable income. Her tax obligation would be $8,164 based on the rates for capital gains and dividends.

Her taxable income of $44,000 includes $5,000 in eligible dividends.

Lacy's taxable income in this instance is $44,000, which also includes $5,000 in eligible dividends. Her tax obligation is $8,764 based on the Dividends and Capital Gains Tax Rates.

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A ______ is one between a manufacturer and a dealer, which assigns the dealer an exclusive territory, and the manufacturer agrees not to sell to other dealers in that territory in exchange for an agreement by the dealer that it will not operate outside the area assigned.
A. vertical territorial agreement
B. conglomerate territorial agreement
C. congeneric territorial agreement
D. tying territorial agreement
E. per se territorial agreement

Answers

Answer:

B. conglomerate territorial agreement

probability proportional to size selection is used with ______ . multiple choice question. a) both monetary unit and classical b) variables sampling classical c)variables sampling only monetary d) unit sampling only

Answers

The probability proportional to size selection is used with variables sampling only monetary.

What is probability proportional to size (PPS)? Probability proportional to size (PPS) is a method of sampling. In this technique, a weighted selection procedure is used. In other words, the probability of selecting an item is proportional to its size.

How do we use the probability proportional to size method of sampling? We use the probability proportional to size method of sampling to ensure that each item in a population has an equal chance of being selected. The probability of choosing an item is determined by its size or value.

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Intro A bond has an annual coupon rate of 4%, a face value of $1,000, a price of $1,169.78, and matures in 10 years. | Attempt 1/5 for 10 pts. Part 1 What is the bond's YTM? A+ decimals Submit

Answers

Intro A bond has an annual coupon rate of 4%, a face value of $1,000, a price of $1,169.78, and matures in 10 years. The bond's yield to maturity is 3.37%.

Annual coupon rate = 4%

Face value (par value) = $1,000

Price of the bond = $1,169.78

Maturity = 10 years

Now, we need to calculate the yield to maturity or YTM of the bond.

PV of Bond = Coupon Payment x (1 – 1 / (1 + r) ^ n) / r + Face Value / (1 + r) ^ n

Where PV is the present value,

r is the YTM or yield to maturity, and n is the number of years.

Coupon payment = Face Value × Annual Coupon Raten = Number of Years

Let's substitute the values in the formula to find out the yield to maturity of the bond.

PV of Bond = $1,169.78

Coupon Payment = $40 [$1,000 (Face Value) x 4% (Annual Coupon Rate)]

n = 10 years

YTM = 0.0337 or 3.37%.

Therefore, the bond's yield to maturity is 3.37%.

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short-term us government debt securities with maturities of 13 weeks, 26 weeks, or 52 weeks are commonly called .

Answers

Short-term US government debt securities with maturities of 13 weeks, 26 weeks, or 52 weeks are commonly called Treasury Bills.

What is Treasury bills?

Treasury bills are short-term U.S. government debt securities with maturities of 13 weeks, 26 weeks, or 52 weeks. They are sold in denominations of $1,000, $5,000, $10,000, $25,000, $50,000, $100,000, and $1 million, with a minimum purchase of $100, as of 2021.

Treasury bills are issued at a discount from their par value, and the interest earned is the difference between the purchase price and the par value when the bill is redeemed at maturity.

This is a means of investment that enables the federal government to obtain funds rapidly for short-term expenditures while also providing an investment opportunity for buyers.

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Based on the Management in Action case, which of the following is an inside force for change at Carnival?
Multiple Choice
a. manager's behavior
b. customer concerns
c. political pressures
d. shareholder concerns

Answers

Based on the Management in Action case, the correct answer is a. manager's behavior.

The case describes how Carnival's new CEO, Arnold Donald, implemented a number of changes to the company's organizational structure, management practices, and culture, in order to address a range of issues that had been affecting the company's performance and reputation. These changes included a focus on safety, environmental sustainability, and employee engagement, as well as a reorganization of the company's business units and a new emphasis on data-driven decision-making. All of these changes were driven by the behavior of the company's top managers, who recognized the need for change and took decisive action to make it happen. While customer concerns, political pressures, and shareholder concerns may also have played a role in motivating change at Carnival, the case suggests that the most important force for change was the behavior of the company's own leaders.

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grossnickle corporation issued 15-year, noncallable, 6.1% annual coupon bonds at their par value of $1,000 one year ago. today, the market interest rate on these bonds is 4.2%. what is the current price of the bonds, given that they now have 14 years to maturity?

Answers

The current price of the bonds is [tex]$1,238.55[/tex].

Given, Grossnickle Corporation issued 15-year, non-callable, annual coupon bonds at their par value of [tex]$1,000[/tex] one year ago. Today, the market interest rate on these bonds is 4.2%. We need to find out the current price of the bonds, given that they now have 14 years to maturity.

To calculate the current price of the bonds, we need to calculate the bond value (PV) based on the prevailing interest rate, which is [tex]4.2%[/tex].

The bond value calculation formula is

PV = C * (1 - (1 + r)-n)/ r + FV/ (1 + r)n

where,

C = coupon rate =[tex]6.1%[/tex]

FV = Face value of the bond = [tex]$1000[/tex]

n = no. of years to maturity = 14 year

sr = market interest rate = [tex]4.2%[/tex]

Therefore, the current price of the bonds is [tex]$1,238.55.[/tex]

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A partially completed pension spreadsheet showing the relationships among the elements that comprise the defined benefit pension plan of Universal Products is given below. The actuary's discount rate is 5%. At the end of 2011, the pension formula was amended, creating a prior service cost of $120,000. The expected rate of return on assets was 8%, and the average remaining service life of the active employee group is 20 years in the current year as well as the previous two years. Copy the incomplete spreadsheet and fill in the missing amounts.

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The partially completed pension spreadsheet showing the relationships among the elements that comprise the defined benefit pension plan of Universal Products.

The actuary's discount rate is 5%, and the expected rate of return on assets was 8%.

In the spreadsheet, the following entries need to be completed: present value of accrued liabilities, funded status, contribution amount, value of assets, amortization of prior service cost and amortization of net gains or losses.

Present value of accrued liabilities = Present value of benefits earned but not yet paid to employees.

This can be calculated using the actuary's discount rate of 5%, and the average remaining service life of the active employee group of 20 years.

Funded status = Difference between the present value of liabilities and the value of assets.

This can be calculated by subtracting the present value of liabilities from the value of assets.

Contribution amount = Amount required to cover the difference between the present value of liabilities and the value of assets.

This can be calculated by subtracting the value of assets from the present value of liabilities.

Value of assets = Market value of assets available to meet current and future liabilities.

This can be calculated using the expected rate of return on assets of 8%, and the average remaining service life of the active employee group of 20 years.

Amortization of prior service cost = Amount of prior service cost that is amortized each year over the average remaining service life of the active employee group.

This can be calculated by dividing the prior service cost of $120,000 by the average remaining service life of the active employee group of 20 years.

Amortization of net gains or losses = Amount of net gains or losses that is amortized each year over the average remaining service life of the active employee group.

This can be calculated by dividing the net gains or losses by the average remaining service life of the active employee group of 20 years.

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A company wants to protect its intellectual property from theft. The company has already applied ACLs and DACs.Which of the following should the company use to prevent data theft?A. WatermarkingB. DRMC. NDAD. Access logging

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A company wants to protect its intellectual property from theft. The company has already applied ACLs and DACs. The company should use DRM (Digital Rights Management) to prevent data theft. The answer to the given question is option B.

"DRM or Digital Rights Management should the company use to prevent data theft.

Digital Rights Management (DRM) is an umbrella term for a set of technological and legal tools designed to protect copyright or other intellectual property rights, mostly in digital formats.

Watermarking: Watermarking is the procedure of affixing a digital signature or some other marker to the contents of a file, frequently a digital image, video, or audio recording, to indicate that it is the intellectual property of a particular person, company, or organization.

NDA: NDA or Non-Disclosure Agreement is a legally binding agreement between two or more parties that prohibits the disclosure of confidential information that is exchanged between the parties.

Access Logging: Access logging is a method of recording all activities that occur on a specific system or network during a given period of time. The logs keep track of user activities, such as who accessed which resources, from where, and when.

Therefore, the company should use DRM to prevent data theft.

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Hideo and Hannah decide to go on a vacation. As a result, they withdraw $5,000 from their savings account to purchase $5,000 worth of traveler's checks. As a result of these changes,a. M1 increases by $5,000 and M2 decreases by $5,000.b. M1 decreases by $5,000 and M2 increases by $5,000.c. M1 increases by $5,000 and M2 stays the same.d. M1 and M2 stay the same.

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In the following question, Hideo and Hannah decide to go on a vacation. As a result, they withdraw $5,000 from their savings account to purchase $5,000 worth of traveller's checks. As a result of these changes, The correct answer is C. M1 increases by $5,000 and M2 stays the same.

M1 (M1-Money supply) refers to all physical money circulating in an economy, such as coins and paper money. When Hideo and Hannah withdrew $5,000 from their savings account, it increased the amount of physical money circulating in the economy, and thus M1 increases by $5,000. M2 (M2-Money supply) refers to all physical money circulating in an economy plus all the other forms of money such as checking accounts and savings accounts. Since they withdrew the money from their savings account, M2 decreases by $5,000.

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Which of the following cannot be done through a mobile banking app?Making a depositWithdrawing cashChecking an account balanceTransferring money

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Answer:

Withdrawing cash cannot be done from online banking app as you cannot have the money in your hand as it is online.

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