In addition to delineating the distinctions between unequal impact and disparate treatment, this article defines adverse impact.
In addition to delineating the distinctions between unequal impact and disparate treatment, this article defines adverse impact.
How is prejudice in the workplace defended?[2] A defence to a charge of disparate impact under Title VII of the Civil Rights Act of 1964, which forbids employment discrimination based on race, colour, religion, sex, or national origin, is "business necessity."
How can discrimination be proven?The easiest approach to demonstrate that you were subject to discrimination is with direct proof. Managers' or supervisors' direct references to the discriminatory action against you as a result of your protected class status are considered direct evidence of discrimination.
To know more about treatment visit:
https://brainly.com/question/30369038
#SPJ1
credit is a term used to describe any situation in which goods, services, or money is received in exchange for a promise to repay at a future date. True or false?
Any circumstance in which products, services, or money are obtained in exchange for a promise to pay back at a later time is referred to as a credit scenario. This statement is true.
Credit is a term used to describe any situation in which goods, services, or money are received in exchange for a promise to repay at a future date. The concept of credit is fundamental to modern finance, as it enables individuals and businesses to access capital and invest in future growth and prosperity.
Credit can take many forms, from traditional loans and mortgages to credit cards, lines of credit, and trade credit. In each case, the borrower is essentially borrowing money or purchasing goods or services on credit, with the understanding that they will repay the amount owed with interest at a later date.
While credit can be a powerful tool for creating wealth and opportunity, it can also be a source of risk and financial stress. Overextending oneself with too much debt or failing to repay credit obligations can lead to credit problems, damaged credit scores, and other negative consequences.
To learn more about credit
https://brainly.com/question/1475993
#SPJ4
Song earns $100,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $20,000 of tax). Answer the questions below assuming that Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent.
What is the term that describes this type of reaction to a tax rate increase?
a. Endowment effect
b. Subtitution effect
c. Budget constrant
d. Price effect
e. Income effect
(d) Price effect is the term that describes this type of reaction to a tax rate increase.
When Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent, it means that Song will pay more taxes for the same level of income. As a result, the net income (i.e., after-tax income) that Song receives for each dollar of work done decreases. This change in the net income per dollar of work is known as the price effect, which is the term that describes this type of reaction to a tax rate increase.
The substitution effect refers to the tendency of individuals to switch to alternative goods or services that are less expensive when the price of a good or service increases. The budget constraint refers to the limitations on an individual's consumption choices due to the finite amount of money or resources available. The endowment effect refers to the tendency of individuals to overvalue items that they possess simply because they possess them. The income effect refers to the change in an individual's consumption patterns resulting from a change in their purchasing power.
To learn more about tax rate here:
https://brainly.com/question/26297550
#SPJ4
Mr.Lurvey, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it includes $25,000 variable costs, which vary with sales volume, and $5,000 (fixed) cost.
1. Compute the contribution margin of Lurvey Men’s Clothing
2. Compute the contribution margin percentage.
3. Mr. Lurvey estimates that he can increase units sold, and hence revenues by 15% by incurring additional advertising costs of $8,000. Calculate the impact of the additional advertising costs on operating income.
4. What other actions can Mr.Lurvey take to improve operating income?
Revenues $500,000
COGS $225,000
Gross margin $275,000
Salaries fixed $180,000
Sales commissions (8% of sales) $40,000
Depreciation on equipment $16,000
Store rent ($4,500 per month) $54,000
Other operating costs $30,000
Operating income ($45,000)
1.Contribution margin = $250,000; 2. Contribution margin percentage = 50%; 3. Impact on an operating income of additional advertising costs is $5,000; 4. Mr. Lurvey can take actions such as reducing costs, negotiating a lower rent, increasing prices, or increasing sales volume through advertising.
1.Contribution margin = Revenues - Variable costs = $500,000 - ($225,000 + $25,000) = $250,000
2.Contribution margin percentage = (Contribution margin / Revenues) x 100% = ($250,000 / $500,000) x 100% = 50%
3. With the additional advertising costs of $8,000, the new revenues would be $500,000 x 1.15 = $575,000. The new contribution margin would be $575,000 - ($225,000 + $25,000) = $325,000. The impact on operating income would be the new contribution margin minus fixed costs: $325,000 - ($180,000 + $40,000 + $16,000 + $54,000 + $30,000) = $5,000.
4. Mr. Lurvey can take a few moves to work on working pay, including diminishing variable expenses, arranging a lower store lease, expanding selling costs, decreasing fixed costs, and expanding deals volume through publicizing or different means.
Learn more about Contribution margin:
https://brainly.com/question/15186113
#SPJ4
Bren Co.’s beginning inventory on January 1 was understated by $26,000, and its ending inventory on December 31 was overstated by$52,000. As a result, Bren’s cost of goods sold for the year was a. Understated by $26,000. b. Overstated by$78,000. c. Understated by $78,000. d. Overstated by$26,000. International Financial Reporting Standards are tested on the CPA exam along with U.S. GAAP. The following questions deal with the application of IFRS.
The correct answer is Option b. i.e. Overstated by $78,000.
Since the beginning inventory was understated by $26,000, the cost of goods sold was understated by the same amount. Similarly, since ending inventory was overstated by $52,000, the cost of goods sold was overstated by that amount. The combined effect is an overstatement of $26,000 + $52,000 = $78,000 in the cost of goods sold for the year.
The cost of goods sold (COGS) is an important accounting figure that represents the direct costs of producing and selling goods. It includes the cost of the materials used, direct labor costs, and other expenses directly related to the production of goods.
Learn more about COGS Calculation Errors here:
brainly.com/question/14847115
#SPJ4
the janitorial department of antelope county purchased an asset. what is the correct treatment of such a purchase?
In account, the expenditure of copping supplies or particulars during a time period with the intention of reselling them during regular business operations is appertained to as a purchase.
Hence, purchases are a type of expenditure and are included in the income statement's cost of goods vended. The cost of copping raw accoutrements may be included in purchases in manufacturing- related account. While for a retail establishment, copping refers to the accession of finished particulars for resale. Yet, it's pivotal to understand that in account, we must make a distinction between the purchases described over and other deals, similar as those involving the accession of fixed means(e.g. plant, factory and ministry, motor van, land and structure, etc).
Learn more about purchase here:
https://brainly.com/question/24112214
#SPJ4
a company that has a strong competitive advantage has a value proposition that shows that it: excels across all of the attributes. has similar ratings on attributes with the industry leader. values all customer segments. has made an intentional decision to be poor on some attributes. none of the answers is correct.
A company that has a strong competitive advantage has a value proposition that shows that it excels across all of the attributes. Also, has similar ratings on attributes with the industry leader. Thus, option A and B is correct.
What is a company?A company is a legal body created by a group of people to conduct and manage a multinational corporation. This can be in the form of whether it be commercial or economic.
A company with a significant advantage will demonstrate its superior performance by meeting all of the criteria through its value creation. shows whether the product makes customers' lives better or solves their difficulties
Also, it rates its qualities similarly to the leading company. Therefore, option A and B is the correct option.
Learn more about the company, Here:
brainly.com/question/27238641
#SPJ1
Why did protective tariffs harm Southerners? A. it caused English merchants to cut their importation of Southern Cotton
B. it forced them to pay higher prices on Northern manufactured goods C. Both are correct
Protective tariffs are tariffs imposed to protect a national industry. There is an option A.
The Protective tariffs caused English merchants to restrict imports of cotton from the South.
Safeguard tariffs are tariffs imposed to protect a national industry. Their aim is to make imported goods more expensive than their domestically made counterparts, thereby increasing sales of locally made goods and supporting local industry.
Protective tariffs aim to protect domestic production from foreign competition by increasing the price of an imported commodity. They focus on generating revenue only.
These two sets of goals are obviously not mutually exclusive. This hurts relations with other countries: countries don't like having tariffs on their exports, so relations between countries often deteriorate.
To know more about Protective Tariffs,
brainly.com/question/28942585
#SPJ4
How much will you need to invest on a annual basis to have $1,000,000 at the end of 45 years assuming a 7% annual rate of return?a) $4,259.57b) $5,000.57c) $3,499.57d) $6,750.57
You will need to invest on a annual basis to have $1,000,000 at the end of 45 years assuming a 7% annual rate of return- Monthly payments = $263.70
Explanation:
given data
Future value = $1,000,000
time = 45 year = 45 × 12 = 540 months
rate = 7 % annual = 0.07/12 = 0.05833% monthly
to find out
Monthly payments
solution
we will apply here future value formula that is express/expressed as
Future value = Monthly payments ×{[ (1+rate)^time -1] /rate} .........1
put here value we get
Future value = Monthly payments × {[ (1+rate)^time -1] /rate}
1,000,000 = Monthly payments × {[(1+0.005833)^540 -1]/ 0.005833}
solve it we get
Monthly payments = $263.70
To learn more about monthly payment, here;
https://brainly.com/question/30664343
the rate for a riskless security that is exposed to changes in inflation is called
Real rate of safety is the rate that applies to a risk-free investment that is affected by changes in inflation.
Real interest rates and expected inflation rates are added to get a nominal interest rate. A real interest rate determines the actual return on a loan (to the lender) and on a bond (to the investor). Interest rate risk is the risk to capital or earnings brought on by fluctuations in interest rates.
The economic point of view focuses on the bank's value in the current environment of interest rates and how susceptible that value is to changes in interest rates. The nominal risk-free rate is the return on a risk-free asset calculated without taking inflation into account.
Learn more about inflation Visit:
brainly.com/question/2611731
#SPJ4
This year, Sooner Company reports a deficit in current E&P of ($300,000). Its accumulated E&P at the beginning of the year was $200,000. Sooner distributed $400,000 to its sole shareholder, Boomer Wells, on June 30 of this year. Boomer's tax basis in his Sooner stock before the distribution is $75,000. (Leave no answer blank. Enter zero if applicable. Negative amount should be indicated by a minus sign.)
a. How much of the $400,000 distribution is treated as a dividend to Boomer?
b. What is Boomer's tax basis in his Sooner stock after the distribution?
c. What is Sooner's balance in accumulated E&P on the first day of next year?
The answers to the above questions are as follows:
a. Entire distribution of $400,000 is treated as a dividend to Boomer.
b. Boomer's tax basis in his Sooner stock after the distribution is -$325,000
c. Sooner's balance in accumulated E&P on the first day of next year is -$500,000
The explanation for the answers is as follows:
The amount of the distribution that is treated as a dividend to Boomer is the lesser of Sooner's current E&P deficit or the amount of the distribution. In this case, the current E&P deficit is ($300,000) and the distribution is $400,000, so the entire distribution of $400,000 is treated as a dividend to Boomer.To determine Boomer's tax basis in his Sooner stock after the distribution, we need to subtract the amount of the distribution treated as a dividend from Boomer's tax basis in his stock. Boomer's tax basis in his stock before the distribution is $75,000, and the entire distribution of $400,000 is treated as a dividend, so his tax basis in his Sooner stock after the distribution is: $75,000 - $400,000 = ($325,000)Learn more about Corporate tax distribution here:
brainly.com/question/23917665
#SPJ4
A cash flow plan that assigns an expense to every dollar of your income, wherein the total income minus the total expenses equals zero, are called_____A. Zero-Based BudgetB. ReconcileC. Positive net worthD. Overdraft
A cash flow plan that assigns an expense to every dollar of your income, wherein the total income minus the total expenses equals zero, are called "Zero-Based Budget". The correct option is A.
The cash flow is the total or sum of amount of money which is being transferred in the business account and out of a business. Example of cash flow, the cash paid for the operating expenses and the inventory purchases. The zero based budget has the feature to enable the cost control.
The type of cash flow has three type which is operating cash flow, investing cash flow, and financing cash flow. The advantage of zero based budget has the feature to enable the cost control.
It is the method to align company spending with the strategic goals. For the expense reason the zero-based budget is assigned to the every income in dollars.
To know more about cash flow here,
https://brainly.com/question/29768594
#SPJ4
The above figure shows the U.S market for chocolate. With international trade, consumer surplus____is equal to A) area C+area D. B) area B area C+area D. C) area A. D) area E E) area A area B+ area C+ area D.
Answer:
area C+ area D is the correct answer.
Explanation:
FILL IN THE BLANK. when a business fails or does not make a profit, ________ have the most to lose in terms of finances.
Unless a bitsy piece of an investor's investment is redeemed through the trade of any company means, investors generally lose all of their plutocrat.
The most frequent causes of small business failure include a lack of plutocrat or finance, the retention of a operation platoon that's inadequate, a defective structure or business model, and ineffective marketing strategies. A lack of backing or working capital is a major factor in small business failure. utmost of the time, a business proprietor is acutely apprehensive of how important cash is needed to maintain operations on a diurnal base, including backing payroll, paying fixed and variable outflow charges, similar as rent and serviceability, and making sure that outside merchandisers are paid on time; still, possessors of failing businesses are less apprehensive of how important cash is needed to maintain operations on a diurnal base.
Learn more about lose here:
https://brainly.com/question/28479895
#SPJ4
When you decide you want "$10 worth" of a product, money is serving which role(s)?I. medium of exchangeII. store of valueIII. unit of account
Option III is correct. If you want a "$10" product, the unit of account is money.
Money is a good store of value because it can transfer purchasing power from one period to another. For example, people retain value by keeping money in their wallets until they want to exchange it for goods and services.
Money is a kind of asset in the modern economy that can be used to purchase goods and services. One of the most important properties of money is that it acts as a store of value. This means that not only can you use your money for trading, but you can also store it for future use. asset demand. Aggregate demand for money.
The static functions for money are:
Money acts as a medium of exchange. It helps in measuring the value of goods and services. Money plays an important role in lending and borrowing.
Know more about product here:
https://brainly.com/question/27499240
#SPJ4
What does your credit report contain? Select all that apply.
a. Your credit score
b. Personal information like your employer and current/previous addresses
c. A history of your financial behavior
d. Any loans you've taken out and their remaining balances
C) Credit report contain is a history of your financial behavior.
An overview of your credit history, including the types of credit accounts you've held, your payment history, and some other details like your credit limitations, can be found in your credit report.
Your creditors normally give information for your credit reports to the three nationwide consumer reporting agencies (CRAs) – Equifax, TransUnion, and Experian. Depending on which CRA delivers your credit reports, you can see variations. This is due to the fact that not every lender reports data to all three CRAs. Some just report to one or two people, if not none at all.
What is done with your credit report?
Lenders review your credit reports as part of their evaluation process to determine whether to provide you credit and under what terms. The information in your credit report is also used to calculate your credit scores.
To know more about Credit report:
https://brainly.com/question/2989702
#SPJ4
what does it mean to have an inbound approach to doing business?
Answer:
The inbound approach means doing business in a human way and creating meaningful 1:1 relationships with strangers, prospects, or customers.
jit or just in time allows inventory to arrive to replace inventory that is leaving the warehouse. t/f
False. "JIT" or "Just-In-Time" is a production strategy aimed at reducing waste and improving efficiency by producing and delivering products just in time to meet customer demand, rather than producing in advance and storing excess inventory.
What is JIT?JIT stands for "Just-In-Time," which is a production strategy that aims to reduce waste and improve efficiency by producing and delivering products just in time to meet customer demand, rather than producing in advance and storing excess inventory.
While JIT can help ensure that inventory levels are kept low, it does not necessarily involve replacing inventory that is leaving the warehouse with new inventory arriving at the same time. Instead, it focuses on producing goods only when they are needed, reducing inventory carrying costs and the risk of excess inventory becoming obsolete or unsellable.
Learn more about JIT at:
https://brainly.com/question/18805214
#SPJ1
Financial accounting: multiple choice focuses on the future. Must comply with gaap (generally accepted accounting principles). Reports include detailed information on the various operating segments of the business. Is prepared for the use of management
Financial accounting Must comply with GAAP (generally accepted accounting principles). Thus the correct option is B.
What is Financial accounting?To show the profits and losses of the company and show an accurate and equitable picture of the company, financial accounting is utilized and considered a process of documenting, and analyzing, the transactions arising from business operations.
When preparing and disclosing financial statements, GAAP, which is an acronym for generally accepted accounting principles, is utilized. These standards cover the complexities, challenges, and regulations of the company.
Therefore, option B is appropriate.
Learn more about Financial accounting, here:
https://brainly.com/question/16550059
#SPJ1
how is c snp or dsnp members care management
The member fills out a Health Assessment, which includes a series of inquiries regarding their health and any assistance with daily living they may require for their care management as a c snp or dsnp member.
In order to confirm that the customer has at least one of the qualifying chronic conditions covered by the CSNP, it gives the plan permission to get in touch with the provider mentioned on the form.
A coordinated care plan (CCP) for Medicare Advantage (MA) known as a special needs plan (SNP) is created expressly to offer tailored treatment and restrict membership to those with special needs. Any of the following could be a person with special needs: a person who is institutionalised, a dual qualified. Those with diabetes, lung problems, cardiovascular illnesses, chronic heart failure, and/or end-stage renal disease are eligible for Medicare Advantage Chronic Condition SNPs (ESRD).
Read more about snp or dsnp at
https://brainly.com/question/28118052
#SPJ4
Select the correct answer from each drop-down menu.
Which tools and techniques do operations managers use as part of a certain management function?
Project management tools and techniques, such as PERT, CPM, and Gantt Charts, are very useful to operations managers to carry out the ______ function in both manufacturing and service businesses.
The current in a 120 V reading lamp is 2.4 A .
If the cost of electrical energy is $0.075 per kilowatt-hour, how much does it cost to operate the light for an hour?
The potential in terms of cents is actually 3 cents given that the price of electrical energy is $0.09 per kilowatt hour.
What does the term "electric current" mean?Electric current describes both how much electricity is going through a circuit and how it is flowing in an electronic circuit. It is expressed in amps (A). More electricity is flowing in the circuit when the amperage value is higher.
What do you mean by a current?An electrical charge carrier flow known as current often involves electrons or atoms lacking in electrons. The capital letter I is frequently used as a symbol for current. Amperes are the common unit and are denoted by the letter A.
To know more about electrical energy visit :-
https://brainly.com/question/18739636
#SPJ4
As the price of good X rises, the demand for good Y falls. Therefore, goods X and Y are: substitutes. a. normal goods. b. complements. c. inferior goods. d. none of the above
The relationship described suggests that goods X and Y are substitutes.
What are substitute goods?Products that can be utilized to fulfill a comparable need or goal are referred to as substitute goods. Consumers might opt to buy the other substitute item in its place when the price of one substitute good rises, which would reduce demand for the more costly commodity.
Perfect or imperfect substitutes are two major categories for alternative items. Products that are virtually identical in terms of their features and utility to the user are considered perfect replacements. For instance, two brands of orange juice that are identical in terms of flavor, nutrient content, and packaging may be regarded as ideal equivalents. Customers can simply move to the competing brand of orange juice when the price of one brand rises without suffering any loss in utility or happiness.
To know more about substitute goods visit:
https://brainly.com/question/15090407
#SPJ1
Explain the present value concept by completing the following sentence:
A person can use the present value concept to calculate how much money he has to invest (today, tomorrow) in order to have a specific sum of money in the (present, future).
A person can use the present value concept to calculate how much money they need to invest today in order to have a specific sum of money in the future.
The present value is the current value of a future sum of money, taking into account the time value of money and the potential earning power of that money if it were invested.
The present value concept assumes that money has a time value, meaning that the value of money changes over time due to factors such as inflation and the potential for investment returns. Therefore, money that will be received in the future is worth less than the same amount of money received today.
To calculate the present value, a person must know the future sum of money they want to receive, the time period in which they want to receive it, and the expected rate of return on their investment. By discounting the future sum of money back to its present value, using an appropriate discount rate, a person can determine how much money they need to invest today to reach their future financial goal.
To learn more about present value
https://brainly.com/question/17322936
#SPJ4
how many guest may a temporary member bring to a private club
A temporary member is only allowed to bring three visitors to a private club. For a maximum of three days per invitation, a temporary member may use the club's amenities and privileges.
The clubhouse, driving range, pavilions, kitchens, rest rooms, and other amenities built or erected on the Estate for the Club's general operation are referred to as "Club Facilities," together with any upgrades thereto. Membership clubs are organisations, whether or not they are businesses, that own, lease, or occupy a facility or a section of a building that is used only for club functions at all times and that is run purely for sporting, social, political, philanthropic, or other benevolent reasons. The primary selling point of certain private clubs is their exclusivity. These clubs encourage a sense of camaraderie among peers, which draws members. The desire to interact with others who share their interests is one of the main reasons people join clubs. Participants might hold comparable political and religious values.
Learn more about club's amenities from
https://brainly.com/question/29792085
#SPJ4
A journal with two amount columns in which all kinds of entries can be recorded. answer choices
General Journal
Sales Journal
Purchases Journal
Cash Payments Journal
Generally speaking, generally speaking .A generic journal is a journal with two amount columns that can be used to record any type of entry.
Instead of passing a separate entry for each similar transaction that occurs on the same day, one combined entry may be passed if there are two or more transactions of the same kind that involve the same debit account or credit account. Compound journal entries are those kinds of entries. Double-entry accounting entails that debit and credit sides are always used to record transactions. Debit and credit are terms used to describe the left and right sides of a journal entry or account, respectively. The total of the credit side amounts should equal the total of the debit side amounts.
Learn more about record here:
https://brainly.com/question/11156017
#SPJ4
Raul is developing a team at work and wants to ensure that the team is as effective as possible. Which one of the following should Raul NOT worry about considering?
A. Selecting those with good negotiation skills.
B. Selecting those with the desire to move up in the company.
C. Selecting those with good puzzle skills.
D. Selecting those with good communication skills.
E. Rewarding team performance.
Raul shouldn't worry about choosing people who want to advance in the organization.
Everyone brings their own special abilities and strengths to the table. Effective work is completed, and everyone contributes to the team's objectives. Hence, option b.) is correct.
While assembling a new team or growing an existing one, it might be difficult to achieve this level of effectiveness. Nevertheless, if you have a plan in place, it will be much simpler.
Nobody is playing politics or quarreling, and there is just the right amount of competitive spirit to bring out the best in everyone. Start by stating the objective of your team, whether you are in charge of forming a new one or taking over an existing one.
To learn more about developing an Effective team, please refer:
https://brainly.com/question/29460849
#SPJ4
1. complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. determine the cost assigned to ending inventory and to cost of goods sold using fifo. 4. determine the cost assigned to ending inventory and to cost of goods sold using lifo.
According to the question Item Purchase Date Cost Quantity Available for Sale Cost Assigned to Ending Inventory Cost Assigned to Cost of Goods Sold Total is 25 20 $70 $30.
What is purchase?Purchase is the act of obtaining goods or services for money or other valuable consideration. It is a transaction between a buyer and a seller. The buyer generally pays for the goods or services at the time of purchase, and the seller receives payment for the goods and services. Purchases can be made in different forms, including cash, credit, debit, or other means of payment. Purchases are typically made in stores, online, or over the phone. The buyer typically has to provide some form of identification, such as a driver's license, to complete the purchase.
1. Specific Identification
Item Purchase Date Cost Quantity Available for Sale Cost Assigned to Ending Inventory Cost Assigned to Cost of Goods Sold
A 8/1 $20 10 10 $20 $0
B 8/2 $25 5 5 $25 $0
C 8/3 $30 10 5 $25 $30
Total 25 20 $70 $30
2. Weighted Average
Cost of Goods Available for Sale $750
Total Quantity of Goods Available for Sale 25
Weighted Average Cost Per Unit $30
Cost Assigned to Ending Inventory $600
Cost Assigned to Cost of Goods Sold $150
3. FIFO
Item Purchase Date Cost Quantity Available for Sale Cost Assigned to Ending Inventory Cost Assigned to Cost of Goods Sold
A 8/1 $20 10 10 $20 $0
B 8/2 $25 5 5 $25 $0
C 8/3 $30 10 5 $20 $30
Total 25 20 $65 $30
4. LIFO
Item Purchase Date Cost Quantity Available for Sale Cost Assigned to Ending Inventory Cost Assigned to Cost of Goods Sold
A 8/1 $20 10 10 $0 $20
B 8/2 $25 5 5 $0 $25
C 8/3 $30 10 5 $30 $0
Total 25 20 $30 $453
To learn more about purchase
https://brainly.com/question/27975123
#SPJ1
most economists would agree that the best interests of international business are found in a nation with a
Most economists would agree that the best interests of international business are found in a nation with a free trade policy.
A free trade Policy/agreement is a contract between more than one nation to decrease import and export limitations. With a free trade policy, there are little to no government restrictions, quotas, subsidies, or prohibitions that prevent the trading of goods and services across borders. The concept of free trade is the antithesis of economic or trade conservatism. In the modern world, a formalized but mutual pact between the participating countries is frequently used to promote freedom of trade. A free-trade policy, however, can just be the lack of any tag - based. Few free trade agreements (FTAs) in present global trade lead to fully unregulated trade.
learn more about free trade policy here:
https://brainly.com/question/30099657
#SPJ4
President Johnson thought it was possible to spend more resources in Vietnam without giving up consumer goods at home. President Johnson must have believed that the
A)American economy was operating at top efficiency.
B)American economy was operating at a point inside its PPC.
C)American economy was operating at a point on its PPC.
D)American economy was operating at a point outside its PPC.
E)PPC would shift in as the war progressed.
The answer is B) the American economy was operating at a point inside its PPC.
PPC stands for the production possibility curve, which represents the maximum possible output of two goods that an economy can produce with its limited resources and technology. Points on the curve represent efficient and optimal use of resources, while points inside the curve represent underutilization of resources and points outside the curve represent unattainable levels of production
President Johnson's belief that it was possible to spend more resources in Vietnam without giving up consumer goods at home suggests that he believed the American economy was operating at a point inside its PPC. In other words, the economy had some idle resources that could be used to fund the war effort without sacrificing the production of consumer goods. However, this assumption proved to be incorrect as the resources required for the war effort eventually led to inflation and other economic problems.
Know more about PPC - https://brainly.com/question/15238948
#SPJ4
what was their candidate’s position on big business?\
The Progressive Party and its candidate, Theodore Roosevelt, were critical of big business and advocated for government regulation to promote competition and protect workers.
The Progressive Party, also known as the Bull Moose Party, was formed in 1912 as a response to the perceived failures of the two major political parties to address issues such as income inequality, worker's rights, and the growing power of big business. The party's platform advocated for a number of progressive reforms, including the regulation of big business, the protection of workers' rights, and the promotion of competition in the marketplace.
Theodore Roosevelt, who had previously served as president from 1901 to 1909, was the party's candidate in the 1912 election. He was a vocal critic of big business and believed that government regulation was necessary to ensure that corporations did not engage in monopolistic or abusive practices. This position reflected a broader progressive movement in the early 20th century that sought to use government power to promote social and economic justice.
To know more about the Progressive Party, here
brainly.com/question/9721213
#SPJ4
--The complete question is Based on Progressive Party and Roosevelt, What was their candidate's position on big business?--