Answer:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop.
3. Public goods: a freeway is available for all to use.
4. Positive externality: public education in the United States results in benefits for others around the world.
Explanation:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased. A negative externality arises when the production or consumption of a finished product or service has negative impact (cost) on a third party.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop. A dollar vote describes how the consumer's purchasing power influences the type (quantity) of goods to be produced and supplied to the market.
3. Public goods: a freeway is available for all to use. It refers to any goods that is accessible and available to the general public at all times without an additional fee, charges or cost.
4. Positive externality: public education in the United States results in benefits for others around the world. A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.
Answer:
Costa and Mccrae would argue that Travis ranks high in the "openness" factor of their five.
Explanation:
Costa and Mcrae developed a very good approach to explain and understand personality. For that, they propose their five-factor model of personality. Composed by:
Neuroticism
Extraversion
Openness to Experience
Agreeableness
Conscientiousness.
The factor of openness to experience explains the level of a person's creativity, imaginativeness, curiousness, and liberality. Being more creative and imaginative when they score high and how very imaginative, creative, and liberal if they score low.
Answer: Which of the following would not be included in operating assets in return on investment calculations? D) Factory building rented to (and occupied by) another company
Explanation: Operating assets are assets that are used to conduct ongoing business operations. However, if they are going to yield a return on investment, it would not be counted in their operating assets due to renting the building to another company.
Answer:
$3,313
Explanation:
Both employees and employers pay FICA taxes in the same proportion. The employer's share of FICA taxes is:
- 6.2% Social Security tax x $43,300 (total salary) = $2,684.60 ≈ $2,685*
- 1.45% Medicare tax x $43,300 (total salary) = $627.85 ≈ $628*
- total Federal Insurance Contributions Act (FICA) taxes = $3,313
The employee will also pay $3,313 in FICA taxes.
*Taxes are always rounded to the nearest dollar since tax filings are made without cents.
