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alisha [4.7K]
2 years ago
7

How are cost and material estimations used by engineers?.

Business
1 answer:
r-ruslan [8.4K]2 years ago
7 0
Engineers estimate the direct labor and material coast of a work package
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1. How is inflation measured? Fill in the blanks to complete the passage about the CPI and the GDP deflator. The Consumer Price
Murljashka [212]

Answer:

First blank: Consumers

Second blank: GDP

Third blank: CPI

Explanation:

The Consumer Price Index is used to measure the basic basket of services and goods that a normal person often buys in order to have a decent quality of life, the GDP includes all goods and services produced, for example all the office equipment, or farm equipment that was produced by a countries economy, the average customer doesn´t need farm equipment nor office equipment that is why it is not taken into account in the Costumer Price Index.

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3 years ago
Which of these options for saving money offers the lost liquidity?
daser333 [38]

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

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8 0
1 year ago
While working at his factory job, joe slipped on the wet floor. he went to the doctor where they told him he broke his ankle. wh
Svetlanka [38]

Worker's Compensation, because the injury occurred by an employee in the course of performing their job.

4 0
3 years ago
Art B.Traytor, a member of the American Arbitration Association and long-standing faculty member of the business school of a lar
valentina_108 [34]
The answer would be
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3 years ago
You have agreed to paint your neighbor's house a lovely shade of chartreuse for $1500 and discover much to your dismay that the
Maslowich

Answer:

fixed price contract

Explanation:

Based on the information provided within the question it can be said that the neighbor most likely transferred risk with a fixed price contract. This refers to a contract that whose price is fixed at a set amount which does not depend on resources or time spent to complete the contract. Therefore it does not matter how much time or money the painter has to spend on tools, he must complete by the terms of the contract for the $1500 that were agreed upon.

4 0
2 years ago
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