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gavmur [86]
4 years ago
14

Why is it important to set goals and share them with others

Business
1 answer:
Svet_ta [14]4 years ago
4 0
I wouldn't suggest verbally sharing your goals; it creates a sense of having to do it since you've committed publicly to your goal. But if it's to one or two people then it may give you the chance to brainstorm or help you increase your likely hood of completing that goal.  Hope this helps!! :)
You might be interested in
Suppose the Japanese economy has been experiencing slow growth. As a result, the Prime Minister, who thinks John Maynard Keynes
snow_tiger [21]

Answer: The recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen

Explanation:

From the question, we are informed that GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. Also, to close the GDP gap, the prime minister has decided to increase government spending. This means that there will be a recessionary gap because the actual GDP will be less than the potential GDP.

Fir the economy to be brought to its potential GDP, the spending of the government will give a stimulus to the economy. Since MPC is 0.6, the multiplier will be:

= 1/1-MPC

= 1/1 - 0.6

= 1/0.4

= 2.5

The government spending will then increase in order to close the recessionary gap as:

∆Y = ∆G × Multiplier

100 = ∆G × 2.5

∆G = 100/2.5

∆G = 40

Therefore, the recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen.

4 0
3 years ago
In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exch
AnnZ [28]

Answer:

.91 pints of irish beer per pint of Australian beer

Explanation:

As we know that

The exchange rate of

1 AUD = 0.5 pound

Now

In Ireland, 1 beer cost = 2.2 pound

And, in Australia, 1 beer cost = 4 AUD

As 1 AUD = 0.5 pound

so 4 AUD is

= 0.5 × 4

= 2

Now the exchange rate is

= 4 AUD beer cost ÷ 1 beer cost in Ireland

= 2 ÷ 2.2

= 0.91

hence, the real exchange rate is 0.91

7 0
3 years ago
The Economy Tomorrow Suppose a country’s GDP is $10 billion and the population is 2 million this year.
Sphinxa [80]

GDP per capita for this year is $5000

GDP per capita for next year  is $4760

GDP per capita for next year is $5100

<h3>What is the GDP per capita?</h3>

GDP per capita is the gross domestic product of a country divided by the total population of that country.

GDP per capita = GDP / population

GDP per capita for this year = $10 billion / 2 million = $5000

GDP per capita for next year  = $10 billion / ( 2 x 1.05) = $4760

GDP per capita for next year = (10 billion x 1.03) / ( 2 x 1.01) = $5100

To learn more about GDP, please check: brainly.com/question/15225458

#SPJ1

8 0
2 years ago
The lake placid town council has decided to build a new community center to be used for conventions, concerts, and other public
Crazy boy [7]
<span>A large community centre would be ideal for the community as it can be used to improve and enrich the lives of its citizens. Building a large facility could create a demand making it an attraction, bringing in outside business into the community which in turn would spin off to other local businesses. On the other hand the building cost incurred and future running cost of the centre may be drastically affected if there is no great demand for such a facility.</span>
3 0
3 years ago
Which one of the following statements concerning the economic order quantity (EOQ) model is TRUE? An increase in holding cost wi
GarryVolchara [31]

Answer:

C.- ↓Holding Cost  = ↑Economic Order Quantity

Explanation:

eoq = \sqrt{ \frac{2ds}{h} }

Economic Order Quantity = square root of (2DS/H)

<u>Where:</u>

Demand and setup are in the dividend part, if they increase, the EOQ increase.

Holding cost goes in the divisor, if they increase the EOQ decrease

A- FALSE ↑Holding Cost ≠↑Economic Order Quantity

B- FALSE ↑Demand ≠↑EOQ

C.- Correct ↓Holding Cost  = ↑Economic Order Quantity

  The divisor is lower, so the value increase.

5 0
3 years ago
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