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Marina CMI [18]
4 years ago
11

Professor rodgers examined survey information on people who were 65 years old and older. he found the average level of happiness

reported increased from 1982 to 2002. he concluded that people under 65 years of age also experienced increasing levels of happiness from 1982 to 2002. the error he committed is called
Business
1 answer:
bulgar [2K]4 years ago
4 0
<span>A false assumption based data that is not representative of the population that he is making claims about. This data cannot be generalized to people that do not share the same age.</span>
You might be interested in
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina
ruslelena [56]

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

5000 were subsequently reacquired

Thus. Net number of shares issued

= number of shares originally issued - number subsequently reacquired

= 60000 - 5000

= 55,000

Number of outstanding shares therefore is 55,000.

NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.

3 0
3 years ago
Say the marginal tax rate is 30 percent and that government expenditures do not change with output. Say also that the economy is
Nat2105 [25]

Answer: $0

Explanation:

The cyclical deficit occurs when there is a different between the actual output and the potential output. This is why it is calculated by the formula:

= Tax rate * ( Potential output - Actual output)

As the economy here is at the potential output, it means that both the actual and the potential output are the same. In such a case, there would be no cyclical deficit.

This can be proven by the formula:

= Tax rate * ( Potential output - Actual output)

= 30% * (0)

= $0

7 0
3 years ago
Kyle plans to punch patrick. he calls patrick and tells him he will punch him tomorrow at 4:00 pm. at 2:00 pm the next day, kyle
stepan [7]
<span>Technically, Kyle lied to Patrick about the time at which he would punch him. However, there is no contract to prove that this was what was said on the phone (heresay). Additionally, it does not mention that there was any sort of agreement or consideration made between the two of them regarding this. And even if there was, there might be a legality issue due to the fact that punching is both assault and battery when committed on a person, so the contract may not even be enforceable. In terms of civil torts, Kyle didn't really commit anything that is pursuable in court, but did commit battery and assault. If Patrick fell or hit his head further and was injured/killed, he would be liable for an involuntary action, of which would be manslaughter if Patrick died. He would also be able to be sued for wrongful death by Patrick's family.</span>
3 0
3 years ago
Read 2 more answers
Suppose all of the banks in the Federal Reserve System have $100 billion in transactions accounts, the required reserve ratio is
ki77a [65]

Answer:

$25 billion

Explanation:

The difference between a 0.25 reserve ration and a 0.20 reserve ratio is 0.05, which represents $5 billion in available money (= 0.05 x $100 billion).

If the total bank reserves is $100 billion, and the reserve ratio is 0.20, the money multiplier = 1 / 0.20 = 5.

If the banks have $5 billion available for loans and the new money multiplier = 5, then the lending capacity of the banking system will increase by $25 billion (= $5 billion available x money multiplier).

7 0
3 years ago
Enterprise-level consultation and bargaining are complemented by an annual wage negotiation process called ________.
MrRissso [65]

Answer:

Shunto

Explanation:

Shunto is a word used by the Japanese and it literally means wages, labor or livelihood.

Basically, it refers to the annual wage bargaining (negotiation) sessions between the Japanese Enterprise (labor) Union and employers each requesting for an increment in their wages.

Hence, the enterprise-level consultation and bargaining by the Japanese Enterprise (labor) Union are complemented by an annual wage negotiation process called Shunto.

4 0
3 years ago
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