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3 years ago

What is the best definition of economic data

2 answers:

7 0

Leading indicators, such as consumer durables, net business formations and share prices, are used to predict the future movements of an economy. ... Finally, lagging indicators, such as gross national product (GNP), CPI, unemployment rates and interest rates, are only seen after a specificeconomic activity occurs. Happy Studying

navik [9.2K]3 years ago

3 0

Methodological economic and statistical elements of the subject include measurement, collection, analysis, and publication of data. Economic data or economic statistics are data (quantitative measures) describing an actual economy, past or present. ... A collection of such data in table form comprises a data set.

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In February, Pedro, the manager of a pool supply and cleaning company, is looking at the upcoming need for more workers to handl

Mademuasel [1]

Planning is the management process that Pedro is using.

Answer: Option A.

Explanation:

Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.

The various steps and procedures of the management process are planning, organizing, managing, leading, controlling and so on. Planning is the management process in which all the resources needed to achieve the organisational goals are planned and there is proper thinking before acting to achieve the goals.

5 0

3 years ago

At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha

valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

$\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%$

The percentage change in supply is:

$\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%$

The price elasticity of supply is given by:

$E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5$

The price elasticity of supply is 2.5.

4 0

3 years ago

The production possibilities frontier will shift outward

Ber [7]

Answer:

E. if technological advances occur is the correct answer.

Explanation:

6 0

2 years ago

The following information pertains to Crane Video Company:1. Cash balance per bank, July 31, $7,263.2. July bank service charge

My name is Ann [436]

Answer:

A. Prepare a bank reconciliation at July 31.

Crane Video Company

Bank Reconciliation

July 31

Cash balance per bank statement $7,263

Add: Deposits in transit 1300

8,563

Less: Outstanding checks 591

Adjusted cash balance per bank $7,972

Cash balance per books $7,284

Add: Collection of N/R ($700 plus

accrued interest $36 less collection

fee $20) 716

8,000

Less: Bank service charge 28

Adjusted cash balance per books $7,972

B. Journalize the adjusting entries at July 31 on the books of Crane Video Company.

The adjusting entry would be,

Date Account Title Debit Credit

Jul 31 Cash 716

Miscellaneous Expense 20

Notes Receivable 700

Interest Revenue 36

(to record Collection of N/R ($700 plus accrued interest $36 less collection fee $20)

31 Miscellaneous Expense 28

Cash 28

(to record bank service charge)

5 0

3 years ago

__________ have an increasingly important role in top management because of their ability to think strategically, bringing with

noname [10]

Answer:

The correct answer is a) Chief Marketing Officers (CMOs).

Explanation:

Chief marketing Officers determine the demand for the products and services offered by a company and its competitors, and identify potential customers. They develop pricing strategies with the objective of maximizing the benefits of the company or its participation in the market, while ensuring the satisfaction of the company's customers. They monitor product development or follow trends that indicate the need for new products and services.

In companies that manufacture products or are dedicated to the provision of services, marketing directors have to decide the best way to promote themselves to increase sales. Marketing departments are often involved in different aspects of this process, from advertising market research, to public relations, events and sponsorships.

6 0

2 years ago