Answer:
Personal
Explanation:
Personal related currencies refers to the currencies that deals with the insipitration and the morality, vision, strength. It basically shows the needs of the person nd the value that actually what person could do
Since in the question it is mentioned that the if the tasks are shared that rise the skills and ablities of the person than this would represent the personal related currencies and hence the same is to be considered
Answer:
The construction in process amount reported at December 2021 is $13,695,000
Explanation:
In this question, we are asked to state the amount the company will report construction in the process of.
Firstly, we calculate the profit = Total contract price - Expected costs of contract = $24,900,000-$22,900,000 = $2,000,000
The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%
The costs incurred in 2021 is $12,595,000
The proportionate profit = 12,595,000 * 8.73 = $1,100,000
The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000
Answer:
Null hypothesis: The time it will take the pizza shop to make and deliver the pizza is 30 minutes.
Alternate hypothesis: The time it will take the pizza shop to make and deliver the pizza is greater than 30 minutes.
Explanation:
A null hypothesis is a statement from a population parameter which is either rejected or accepted (fail to reject) upon testing.
It is always expressed using the equality sign.
An alternate hypothesis is also a statement from the population parameter which negates the null hypothesis and is accepted if the null hypothesis is rejected.
It is always expressed using any of the inequality signs.
Your question is too broad. It took me two 48-hour courses to learn the basics of how the economy operates.
While it is interesting and I do not wish to discourage your curiosity, please make the question more specific.
For now, all I can say is that the primary function of an economy is integrating the 4 factors of production - Land, Labor, Enterprise and Capital - to produce goods profitably. This is made possible through the interactions between the consumers (also the labor), private firms, financial sector and the government sector. I would suggest watching a video on the circular flow on income on YouTube for more information on these interactions.
Furthermore, economics is concerned with solving the basic economic problem, which is the existence of unlimited wants in relation to the limited resources available on our planet. This leads us making choices (which wants to satisfy through production and consumption) and making sacrifices (which wants to give up as there only a limited amount of resources available). Economics in general deals with attempting to get the most out of the resources available. It deals with anticipating consumer behavior, trends and using this analyzed information to make decisions.
The last thing you should know is that economics is most broadly categorized into two field - Macroeconomics and Microeconomics.
Microeconomics deals with the interaction between individuals, i.e., individuals firms/industries, consumers. This deals with such things as factors affecting the demand of goods, the concept of elasticity, factor affecting supply of goods, the marginal utility theory and so forth.
Macroeconomics deals with the economy as a whole - this includes concepts such as national income (GDP), aggregate demand and supply, the multiplier effect, the factors affecting consumption, investment,government expenditure and net exports, the exchange rate systems and Balance of Payments.
P.S. In the above answer, I have only briefly mentioned the basics. If you would like further understanding of the basics then please YouTube/Google each economics term listed above.
Answer:
For Economy X, the natural rate of unemployment <u>is growing normally at</u> 5%. This rate is not due to <u>recession</u> factors. It applies <u>to 10% during recession</u>.
Explanation:
Given:
The unemployment rate in Economy X when it is growing normally is 5%. When Economy X is in a recession, the unemployment rate is 10%
We need to Rearrange words and fill in the blanked spaces in order to complete the paragraph.
For Economy X, the natural rate of unemployment <u>is growing normally at</u> 5%. This rate is not due to <u>recession</u> factors. It applies <u>to 10% during recession</u>.
