Estimates of SEC made every period in the normal course of accounting for things like uncollectible accounts or inventory obsolescence do not need disclosure of such effects; nevertheless, disclosure is necessary if the impact of a change in the estimate is significant.
<h3>
What is SEC?</h3>
After the 1929 Wall Street Crash, the U.S. Securities and Exchange Commission (SEC) was established as an independent agency of the federal government of the United States. The SEC's main goal is to uphold the law against market manipulation.
The Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002, and other laws are enforced by the SEC in addition to the Securities Exchange Act of 1934, which established it. Section 4 of the Securities Exchange Act of 1934, also known as the Exchange Act or the 1934 Act and currently codified at 15 U.S.C. 78d, established the SEC.
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Answer:
Paul Copan
Explanation:
Dr. Robertson McQuilkin can be considered a very biblical man, and as such, would always favor socialism more than free market capitalism. His phrase "Capitalism is for freedom, socialism is for equality" and the fact that he believed in a strict following of the Bible, you make him a more socialist person.
Dr. Paul Copan is also a very religious man, but his views are less extreme than Dr. McQuilkin's. He is more pragmatic and argues in favor of religion from a more neutral or agnostic point of view. He even argues that religious beliefs and economics are not mutually exclusive.
If the Fed mailed everyone a $1,000, the effect would be a <u>rise in prices, </u>output, and income.
<h3 /><h3>What happens when money is injected into the economy?</h3>
The Equation of exchange is:
<em>Money supply x Velocity of money = Price level x Quantity of goods and services produced </em>
If the Money supply increases like it will when $1,000 is sent by the Fed to people, the velocity will also rise as people purchase more goods and services.
The Price level and the Quantity produced on the right side of the equation would also have to rise to match the left side. So prices would rise, and so would output.
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Robert should use intermittent schedules of reinforcement to keep his employees mentally alert and interested. The procedure of learning through association to increase or decrease voluntary behavior using punishment and reinforcement is known as operant conditioning.
Reinforcement schedules are the rules that govern the timing and frequency of reinforcer delivery in order to increase the likelihood that a target behavior will occur again, strengthen, or continue. A contingency timetable is one that includes reinforcement. While intermittent schedules provide reinforcers.
After some but not all correct replies, intermittent schedules apply reinforcement after each correct response, or none at all. Reinforcers are only used after the target behavior has occurred, so reinforcement is conditional on the desired behavior.
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