As a member of a team, you need to show unselfishness by communicating actively with team members. When you work with a team, you are all responsible for completing the task you are given and in most causes, can not finish it correctly without help and input from everyone. It is important to have good communication to make sure everything is being completed as needed and nothing gets lost in translation.
Answer: Personal computers must be a normal good.
Explanation:
Normal good is a type of commodity available in a market, in which the commodity's demand increases as income of the buyers increase. The normal goods posses a positive income elasticity of demand(where demand is directly proportional to income).
Answer:
$505
Explanation:
Armstrong Company
Cash flow from operating activities
Adjustments to reconcile net income to operating cash flow.
Net income
$450
Less : Increase in plant and equipment
($170)
Add : Depreciation expenses
$80
Add : Payment of dividends
$10
Add : Decrease in accounts receivable
$20
Add : Increase in long term debt
$100
Less : Increase in Inventories
($15)
Add : Decrease in Account payable $30
Net Cash flow from operating activities
$505
Answer:
The correct answer is letter "C": apply the assumption that people behave as if they act rationally with an aim to maximize utility.
Explanation:
The theory of rational expectations is mainly used in macroeconomics, with the idea that decisions of individuals will affect the future course of the economy. According to this theory, people's behaviors are based on <em>rationality, all the information that they have available, </em>and <em>past experiences.
</em>
Some of the rational expectations theory's premises are that <em>people hold expectations that will be met, variables values (price, output, and employment) are taken into account, </em>and <em>individuals are always trying to maximize their profits.</em>
Answer:
B. Knowing how to prepare financial statements
Explanation:
Hard skills are teachable and measurable abilities in an office writing, reading, or the ability to use computer programs are hard skills
