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
Tomtit [17]
3 years ago
13

Your friend says to you, "America is one of the fairest countries in the world because we have a democracy, and we are able to v

ote for most of our politicians. What information do you think he or she may want to consider?
Business
1 answer:
professor190 [17]3 years ago
6 0

Answer and explanation:

Democracy is the state in which individuals of a community make decisions collectively being the interest of most people prioritized. A pure form of democracy is difficult to find even in countries that highly promote equal rights such as the United States.

The Democracy Index is a composite that measures democracies in 167 countries scoring them from 1 to 10 (10 is the highest grade). In 2019, The U.S. was positioned in the 25th place in the list of most democratic countries. <em>Norway </em>is placed in the first place followed by <em>Iceland</em>.

In such a case, <em>we should recommend our friend to take a look at the Democracy Index where he or she will find out that the U.S. is not one of the fairest nations in the world. Its government functioning and political participation are aspects where the U.S. needs improvement.</em>

You might be interested in
Farm workers in Oaks Farmville face a 1/85 probability of death at work and each of them receives a yearly wage of $159,106. Far
Lostsunrise [7]

Answer:

$154,182.02

Explanation:

Probability of Farm workers in ( O.F ) facing death at work = 1/85 = 0.012

Probability of Farm workers in ( V.F ) facing death at work = 1/127 = 0.008

Value of a statistical life = $1,262,558

<u>Determine how much  the workers in less risky job should get paid </u>

The less risky job is working in Valley farm(V.F ) with a death probability of = 1/127 = 0.008

The more risky job is working in valley farm ( probability = 1/85 = 0.012 )

Yearly wage of risky job = $159106

payment for less risky job can be calculated using the relation below

statistical life = ( cost incurred to reduce risk) / ( percentage of risk to death reduced )  ---------------- ( 1 )

cost incurred to reduce risk =  yearly wage to high risk workers - yearly wage to low risk workers

 =  159106 - X

percentage of risk to death reduced = (probability of death to high risk workers) - ( probability of death to low risk worker )

= 1/85 - 1/127 = 0.0039

back to relation 1

1262558 = ( 159106 - X ) / ( 0.0039)

159106 - X = 1262558 ( 0.0039 )

hence X ( amount to be paid to workers in the less risky job )

X = 159106 - 4923.9762 = $154,182.02

7 0
3 years ago
Harry’s shoe store has noticed a significant increase of revenue of $123,000. The manager has also determined that the total exp
Elis [28]

Answer:

Net loss; $5,000

Explanation:

$123,000 (income)

- 128,000 (expenses)

_________________

-5,000

5 0
3 years ago
Calidasth is a company that sells cosmetic products. Its retail outlets offer discount sales at the end of every season. In the
Alex Ar [27]

Answer:

<u>Limited Relationships</u>

Explanation:

Customer Relationship management (CRM) refers to the practices and policies followed by an organization w.r.t interaction with it's customers. The concept lays emphasis upon creating healthy customer relationships and solving customer questions and queries in the most efficient manner.

CRM in a way represents the technology or platform a company uses so as to manage it's external interactions with customers.

Software, artificial intelligence, etc represent some of the areas wherein CRM has grown technologically.

The given case points towards the existence of a transactional relationship i.e relationships which is limited only till the transactional level. Under this, the company's does not exactly establish relationship with customers.

3 0
3 years ago
Suppose that you will receive annual payments of $20,500 for a period of 10 years. The first payment will be made 10 years from
Greeley [361]

Answer:

Present value of this stream of payments=97,179.75

Explanation:

The payment stream described is an ordinary annuity, 10 equal payments in equal intervals, with the 1st payment being received at the end of year 10 and the last one at the end of the 20th year.

Present value of an ordinary annuity  is calculated as follows:

Present value =PMT*\frac{[1-(1+i)^-^n]}{i}

Where PMT is equal payments made each period

= $20,500

              i is the required rate of return per period

= 5%

              n is the number of periods= 10

Applying this formula would thus give the present value of the annuity at the end of year 10 as follows:

Present value(t=10) =20,500*\frac{[1-(1+0.05)^-^1^0]}{0.05}  = 158,295.57

This is the present value at the end of year 10, and this value has to be discounted 10 years back to today as follows:

Present Value (today) =\frac{158,295.57}{(1+0.05)^1^0}=97,179.75

4 0
3 years ago
Why is it important to prioritize a list of financial goals?
adell [148]
It’s important for your future. So you won’t be some kind of debts. It’s always better to plan rather than doing things last minute.
6 0
3 years ago
Other questions:
  • . A small consulting firm has an overhead rate of 160% of direct labor charged to each job. The materials cost (including travel
    5·1 answer
  • N a just-in-time logistics system, __________. producers supply products to resellers before customers place their orders produc
    9·1 answer
  • Why do we use trade barriers? What is the purpose?
    14·1 answer
  • You are opening up a brand new retail strip mall. You presently have more potential retail outlets wanting to locate in your mal
    6·1 answer
  • If a fixed asset, such as a computer, were purchased on January 1st for $3,750 with an estimated life of 3 years and a salvage o
    6·1 answer
  • Marginal​ cost-benefit analysis and the goal of the firm Ken​ Allen, capital budgeting analyst for Bally​ Gears, Inc., has been
    7·1 answer
  • Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logi
    15·2 answers
  • strayer partnered with top employers, business leaders, and recruiters to identify ________ that are critical to performing your
    11·1 answer
  • Cogswell cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm
    5·1 answer
  • The terms of an invoice are 3/10, n/25. this means that a ________ of the invoice date.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!