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alex41 [277]
3 years ago
12

True statement about the relationship between law, ethics, and business

Business
1 answer:
nignag [31]3 years ago
4 0

Hi. You didn't provide the answer options and this makes it impossible for me to answer your question specifically. However, when searching for your question, I was able to find another question exactly like yours that showed the answer options shown in the figure attached. In that case, I hope the answer below can help you.

Answer:

The last option is the correct answer.

Explanation:

Ethics and morals are very variable elements and do not have a fixed determination, as their concepts are not objective. Morals and ethics is something personal that presents itself in different ways for each person. As a company is made up of many different people, the concepts of morals and ethics are as different as possible, but the people responsible for managing the company must determine an ethical and moral conduct to be followed by their employees and collaborators. However, this conduct is built with commercial objectives and as it is not possible to measure how much of these objectives are moral and ethical, the relationship between the company's value and ethical conduct is obscure and difficult to be judged.

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Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
kodGreya [7K]

Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

Reserve ratio = 20% = 20/100 = 0.25

Initial Money supply = (1/Reserve ratio)*New Deposit = (100,000/0.25) = $ 400,000

Reserve ratio = Rerserve / Deposit

=> Reserves = 0.25*100,000 = 25,000

Max Increase in Money Supply = Initial Money Supply + Reserves/ Reserve Ratio

= $ 400,000 + 100,000

= $ 500,000.

The term commercial bank refers to financial institutions that accept deposits, provide checking account services, issue various loans, and provide basic financial products such as certificates of deposit (CDs) and savings accounts to individuals and small businesses. refers to

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A company is facing declining sales in its breakfast cereal product line. there are several kinds of breakfast cereals available
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All of the following are characteristics of an effective team member except _____.
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When the demand for skilled labor increases, _____________________.
makvit [3.9K]

The correct option is A). the demand curve would shift to the right.

<h3>What happens when the demand for skilled labor increases?</h3>

When the demand for skilled labor get increases, the demand curve would shift to the right.

As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.

If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.

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4 0
2 years ago
Below are some data from the land of milk and honey.
beks73 [17]

Answer:

The solution to the given problem is done below.

Explanation:

a. Compute nominal GDP, real GDP, and the GDP deflator for each year, using 2016 as the base year.

Nominal GDP is simply equal to the sum of the current year price * current  year quantity of all the goods.

2016: ($1 per qt. of milk X 100 qts. milk) + ($2 per qt. of honey X 50 qts. honey) = $200

2017: ($1 per qt. of milk X 200 qts. milk) + ($2 per qt. of honey X 100 qts. honey) = $400

2018: ($2 per qt. of milk X 200 qts. milk) + ($4 per qt. of honey X 100 qts. honey) = $800

Calculating real GDP (base year 2016):

Real GDP is equal to the sum of the base year price * current year quantity of  all the goods.

Calculating real GDP (base year 2016):

2016: ($1 per qt. of milk X 100 qts. milk) + ($2 per qt. of honey X 50 qts. honey) = $200

2017: ($1 per qt. of milk X 200 qts. milk) + ($2 per qt. of honey X 100 qts. honey) = $400

2018: ($1 per qt. of milk X 200 qts. milk) + ($2 per qt. of honey X 100 qts. honey) = $400

b. Compute the percentage change in nominal GDP, real GDP, and the GDP deflator in 2017 and 2018.

Percentage change in nominal GDP in 2017 = [($400 –$200)/$200] X 100% = 100%.

Percentage change in nominal GDP in 2018 = [($800 –$400)/$400] X 100% = 100%.

Percentage change in real GDP in 2017 = [($400 –$200)/$200] X 100% = 100%.

Percentage change in real GDP in 2018 = [($400 –$400)/$400] X 100% = 0%.

The GDP deflator is equal to (Nominal GDP / Real GDP)*100

Percentage change in the GDP deflator in 2017 = [(100 –100)/100] X 100% = 0%.

Percentage change in the GDP deflator in 2018 = [(200 –100)/100] X 100% = 100%.

Prices did not change from 2016 to 2017. Thus, the percentage change in the GDP deflator is zero. Likewise, output levels did not change from 2017 to 2018. This means that the percentage change in real GDP is zero.

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