1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oxana [17]
3 years ago
8

TRUE or FALSE. Big spenders are also known as low yield tourists, because they typically expect air conditioned hotels with Engl

ish-speaking staff and imported food from their home country.
Business
2 answers:
aliina [53]3 years ago
8 0

false 

No, is not true. Everyone is expected to find in his hotel conditioned air with English-speaking staff. And not everyone wants to eat imported food from his country, don't  forget that many people are traveling to try different food.  
Papessa [141]3 years ago
8 0

this is false, high yield

You might be interested in
An activity-based costing system ______. requires substantial resources provides benefits of improved accuracy that always outwe
Mashcka [7]

Answer:

1. Requires substantial resources.

2. produces different numbers than a traditional system.

3. Is costly to maintain.

Explanation:

Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.

Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.

<em>Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.</em>

5 0
3 years ago
Hepburn Company transferred $58,000 of accounts receivable to a local bank. The transfer was made without recourse. The local ba
vivado [14]

Answer: $11420

Explanation:

The amount that Hepburn will show as an amount receivable from factor will be the estimated fair value of the interest in receivables minus the factoring fee given in the question. This will be:

= $12,000 - ($58,000 × 1%)

= $12,000 - ($58,000 × 0.01)

= $12,000 - $580

= $11,420

8 0
2 years ago
True / False:
Eduardwww [97]

Answer:

1. The larger the federal deficit, other things held constant, the higher are interest rates. TRUE

<u>Explanation:</u>

The government raises money to cover the deficit by issuing bonds, hence the supply of bonds is increased and therefore the price of bonds decreases. The price of bonds is negatively correlated with the interest rates and hence it leads to an increase in interest rates.

2. If the Fed injects a huge amount of money into the markets, inflation is expected to decline, and long-term interest rates are expected to rise.  FALSE

<u>Explanation:</u>

When the Fed injects a huge amount of money into the markets, the supply of money would increase and this would shift the money supply curve to the right. In the short-run, the interest rates would decrease. This is also known as the 'Liquidity Effect'. However, the liquidity effect is followed by the following offsetting effects,

-Income effect

-Price level effect

-Expected inflation effect

The net effect on interest rates depends on the magnitude of the above mentioned effects. Additionally, an increase in the money supply may lead people to expect a higher price level in the future, thus inflation may increase.

3. Long-term interest rates are not as sensitive to booms and recessions as are short-term interest rates.  TRUE

<u>Explanation:</u>

During a recession or a boom, the monetary authorities, use fiscal policy to intervene the market. They, change the short-term interest rates to moderate the economy during a boom or a recession.

4. When the economy is weakening, the Fed is likely to decrease short-term interest rates. TRUE

<u>Explanation:</u>

When the economy is weakening, that is, it is in a recession, short-term interest rates are decreased, which would stimulate the economy. Firms would be able to get loans at a cheaper price and households would have to pay less credit on mortgages etc. This would increase the output of the economy.

4 0
3 years ago
Read 2 more answers
The range finder uses different colors to identify sections of a selected range that are used to create different chart elements
OLEGan [10]

Answer:

True

Explanation:

The range finder can be used to select and view a cell that we wish to use to create a formula or any other chart elements. After entering the formula in the formula box, the user selects the cell he or she wants the formula applied to.

Double clicking on that cell allows the range finder to mark the selected cell with a unique color. This makes it easier to identify the selected cells.

8 0
3 years ago
Thirty percent of households say they would feel secure if they had​ $50,000 in savings. You randomly select 8 households and as
marin [14]

Answer: a) 0.04667544

b) 0.01129221

c) 0.98870779

Explanation:

Binomial probability formula :-

P(x)=^nC_xp^x(1-p)^x, where P(x) is the probability of getting success in x trials, n is the total number of trials and p is the probability of getting success in each trial.

Given : The probability of households say they would feel secure if they had​ $50,000 in savings = 0.30

Total number of households selected = 8

a) The probability that the number that say they would feel secure is exactly​ five will be :-

P(5)=^8C_{5}(0.30)^5(0.70)^3\\\\=56(0.3)^5(0.7)^3=0.04667544

b) The probability that the number that say they would feel secure is more than​ five :-

P(x>5)=P(6)+P(7)+P(8)\\\\=^8C_{6}(0.30)^6(0.70)^2+^8C_{7}(0.30)^7(0.70)^1+^8C_{0}(0.30)^8(0.70)^0\\\\=28(0.30)^6(0.70)^2+8(0.30)^7(0.70)^1+(0.30)^8\\\\=0.01129221

c) The probability that the number that say they would feel secure is at most five :-

P(x\leq5)=1-P(x>5)\\\\=1-0.01129221=0.98870779

7 0
3 years ago
Other questions:
  • Regina pays her credit card balance in full each month. Last month her average daily balance was $345 and the APR is 11.2%. The
    7·1 answer
  • Medicare deduction is withheld at a standard rate of 1.45 percent. suppose your gross pay this week is $750. how much medicare t
    14·1 answer
  • According to Maslow, when Clorox wipes highlight the germ-harboring aspect of conventional sponges, it is addressing
    5·1 answer
  • When might term insurance be a better option than whole life insurance?
    6·2 answers
  • ​a senior executive who promotes the project and ensures its support, both financially and administratively, at the highest leve
    9·1 answer
  • Aldo Vitterini, the firm’s CEO, is concerned about his firm’s future, however. He is, in fact, considering moving his firm’s hea
    6·1 answer
  • Malholtra Inc. is considering a project that has the following cash flow and WACC data.
    7·1 answer
  • _______ allows the use of sophisticated analytical techniques and very large amounts of data to help organizations develop insig
    13·1 answer
  • A business incurs a blank when expenses are higher then revenue
    13·1 answer
  • As price falls along a downward sloping ordinary demand curve (in the x1, p1 plane), consumer utility will Group of answer choic
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!