Which of these is not one of the basic functions of the management process?

if the x-axis is quantity and the y-axis is price, which of the following is the best summarization of the supply shift from S1

Novosadov [1.4K]

The supply decreases i hope this helped next time if you want use quizlet instead of wasting your points you’re welcome :)

5 0

4 years ago

A cola company with processing plants and distributors on every continent is known as which of the following?

il63 [147K]

Global food retailer I think

4 0

3 years ago

Eleanor spends all of her money on magazines and donuts. In 2014, she earned $14.00 per hour, the price of a magazine was $7.00,

Alexandra [31]

Answer;

1. A. Eleanor's wage is $14.00 per hour in 2014.

B. The price of a donut is $1.00 in 2014.

When a variable is stated in nominal terms, it is usually given as a fixed monetary value because it is not adjusted for inflation. It therefore mentions just the price as is.

2. A. Eleanor's wage is 14 donuts per hour in 2014.

B. The price of a magazine is 7 donuts in 2014.

When goods are described in real terms, they are related to another good in order to adjust them for inflation.

3. The price of a magazine is $14.00 and the price of a donut is $2.00.

In 2019, the relative price of a magazine is 7 donuts.

The relative price = Price of Magazine/ Price of donuts

= 14/2

= 7 donuts.

4. Between 2014 and 2019, the nominal value of Eleanor's wage increases, and the real value of her wage remains the same.

As a result of the increase in money supply, Eleanor's wages increased nominally from $14 to $28.

However, in real terms her wages did not increase at all because the price level in the economy increased by the same rate that her wages increased meaning that she is still only able to buy the same quantity of things.

5. Monetary neutrality is the proposition that a change in the money supply affects nominal variables and does not affect real variables.

From Eleanor's example above, the concept of Money Neutrality is shown in that while a change in money supply will affect nominal variables, it will not affect real variables due to a general rise in prices.

6 0

3 years ago

Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production

anzhelika [568]

Answer:

The costs of air and water pollution

The value produced by doing your own laundry

The leisure time enjoyed by households

Business spending

decreasing

no change

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.

Items not included in the calculation off GDP includes:

1. services rendered to oneself

2. Activities not reported to the government

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. pollution

The purchase of the wood from Brazil increase investment spending by businesses and also increases imports. Import is a negative function of net export so net export would decrease.

The increase in investment spending by the business and the decrease in net export would offset each other and there would be no change in GDP

7 0

3 years ago

Do you think George will be approved for one of the three cards on his list? Why or why not.

ELEN [110]

George will be approved for a credit card only if he has a positive credit history, and if he meets the requirements the bank asks for.

Obtaining a credit card for most people depends on two main factors:

A positive credit history: This factor implies the customer has shown positive behavior in terms of payments, and due to this, this person can be trusted.
Meet the requirements: Many banks as for specific requirements to approve a credit card. The most common requirements are:

Be at least 21 years old.
Receive an income every month.
Not having higher debts.

Note: This question is incomplete because the descriptions of the three cards are missing; due to this, I answered based on general knowledge.

Learn more about credit card in: brainly.com/question/1113886

3 0

2 years ago

Which of these is not one of the basic functions of the management​ process?

Which of these is not one of the basic functions of the management process?