in order for usmca to supersede nafta, it must be blank______.

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Answer 1

In order for USMCA to supersede NAFTA, it must be ratified by the legislative bodies of the United States, Mexico, and Canada.

To supersede NAFTA, the United States-Mexico-Canada Agreement (USMCA) needs to go through a formal process of ratification by the legislative bodies of the three countries involved: the United States, Mexico, and Canada. Ratification typically requires approval from the respective national parliaments or congresses. In the United States, for example, the USMCA was signed into law by President Donald Trump in January 2020, but it had to be approved by both houses of Congress before it could fully replace NAFTA.

The ratification process ensures that the agreement is legally binding and establishes the necessary framework for its implementation and enforcement. It also allows for a thorough examination of the agreement's provisions and potential impacts on various sectors and stakeholders within each country. Ratification is a crucial step to ensure that the USMCA becomes the governing trade agreement between the three countries, superseding NAFTA.

The USMCA, which entered into force on July 1, 2020, modernizes and updates several aspects of NAFTA, including provisions related to labor, intellectual property, agriculture, digital trade, and automotive manufacturing. Its successful ratification and implementation demonstrate a commitment to strengthening trade relations and fostering economic integration among the United States, Mexico, and Canada.

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Related Questions

Everything else being equal, the higher the interest rate, the higher the future value. Question 27 options: True False

Answers

Everything else being equal, the higher the interest rate, the higher the future value (true).

What is the relationship between interest rate and future value?

Interest rate and future value have a positive relationship. The higher interest rate is, the higher the future value. The lower interest rate is, the lower the future value.

For example,  if a person invests 1000 for a year at an interest rate of 20%  and his sister invests 1000 for a year at 10%. Their future values are:

(1000 x 1.20) = 1200

(1000 x 1.10) = 1100

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In evaluating service quality, measurement of expectations can be included in a research program by _____.

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In evaluating service quality, measurement of expectations can be included in a research program by service research.

Research programs are a specialized network of scientists conducting basic research. The term was used by the philosopher of science Imre Lakatos to describe the scientific normative model of Karl Popper's The Logic of Scientific Discovery (including the idea of ​​falsifiability) and Thomas Kuhn's The Logic of Scientific Discovery. Used to blend and revise the descriptive scientific model of "Structure". Revolution (including ideas of ordinary science and paradigm shift) .

Lacatos found that falsificationism was unrealistic and often not practiced, and ordinary science (a paradigm of science that emulates the paradigm). Has erased a different perspective) has found it to be more exclusive than it really is.

Lakatos found that many research programs coexist. Each had a hardcore theory that was unaffected by revisions, surrounded by a protective belt of adaptive theory. One research program competes with another to become the most advanced.

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If the percentage change in quantity demanded is greater than the percentage change in price for good x, then the demand for good x is:________

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If the percentage change in quantity demanded is greater than the percentage change in price for good x, then the demand for good x is price elasticity.

Price elasticity of quantity demanded is a measurement of the change in consumption of a product in relation to a change in its price. A good is elastic if a price change causes a substantial change in demand or supply.

Goods are much more elastic, so price changes for these goods cause substantial changes in their demand or their supply.

Hence, if the quantity demanded of a product changes greatly in response to changes in its price, it is elastic. That is, the demand point for the product is stretched far from its prior point.

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A nurse assesses a client's ability to ambulate with crutches using a three-point gait. Which of the following actions should the nurse recognize as a risk to client safety

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The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.

What is the role of a licensed nurse?As part of their everyday duties to care for their patients, licensed nurses frequently wear numerous hats. The main responsibility of a licensed nurse is to make sure that every patient receives the appropriate and direct care they require. Licensed nurses evaluate and identify patients' requirements before putting their medical plans and treatments into action and keeping an eye on them. They also make sure that patient care is provided in accordance with the rules and guidelines set forth by their employer, whether it be a hospital or another type of establishment.

Certified nurses supervise every patient's care. Nurses oversee all the moving elements in their workplaces, from taking blood pressure and educating patients about their health to collaborating closely with doctors on their medical teams.

Therefore, The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.

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What should you point out when demonstrating the confident cornering of a 2023 murano awd through a sweeping curve?.

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When showcasing the capable cornering of a 2023 Murano awd through a sweeping curve, the following characteristics should be highlighted:

How well the car tracks as it enters a curveHow evenly balanced Murano is.the tires' excellent traction.

What will the Nissan Murano in 2023 be about?

The Murano is expected to undergo a number of long overdue makeovers in 2023, some of which include exterior and interior renovations.The Nissan Murano, although being one of the more seasoned midsize SUVs in the class, is not anticipated to undergo any alterations for the 2023 model year. The Nissan Murano for 2023 ought to be a carryover model.Since the release of the SUV's current version in 2015, the Murano's exterior styling hasn't undergone much alteration. The 2023 Murano should share the same general outward styling as the currently available SUV because it will be a carryover product. The modern Murano has a rounded exterior with flowing lines, angular taillights, sharp headlights, Nissan's V-shape grille, and a floating roof design.The following characteristics should be highlighted when showing how a 2023 Murano awd turns confidently through a sweeping curve:How well the car tracks as it enters a curveHow evenly balanced Murano is.the tires' excellent traction.

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The banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by: short-run business cycle fluctuations. lack of investment spending and high unemployment. risky speculation in real estate and the stock market. low labor productivity in the United States combined with a huge trade deficit.

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The banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by (C) risky speculation in real estate and the stock market.

What was the banking crisis of 1907?The Bank Panic of 1907 was a brief banking and financial crisis in the United States at the turn of the twentieth century. It was caused by the collapse of highly leveraged speculative investments fostered by the US Treasury's easy money policies in the preceding years.The Panic was precipitated by a surge in speculative investment fueled by lax monetary policy. Without a national central bank to rely on, the United States' financial markets were bailed out of the crisis by personal cash, guarantees, and prominent bankers and investors such as J.P. Morgan and John D.What was the Great depression banking crisis of 2008?The 2008 financial crisis, often known as the Global Financial Disaster (GFC), was a major global economic crisis that occurred in the early twenty-first century. It was the worst economic catastrophe since the Great Depression (1929).The seeds of the financial crisis were sown during years of ultra-low interest rates and lax lending regulations in the United States, which drove a home price bubble and reckless speculation in real estate and the stock market. As usual, it began with good intentions.

The description of both the banking crisis states that it was caused by reckless speculation in the real state and the stock market.

Therefore, the banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by (C) risky speculation in real estate and the stock market.

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Complete question:

The banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by:

(A) short-run business cycle fluctuations.

(B) lack of investment spending and high unemployment.

(C) risky speculation in real estate and the stock market.

(D) low labor productivity in the United States combined with a huge trade deficit.

Workers at an automobile repair shop report that half of the automobiles they repair have a resale value below $8000. in this example, which measure of central tendency does the $8000 represent?

Answers

In the given example, the $8000 represents median of central tendency. The median is the number in the middle of a sorted, ascending or descending list of numbers, and it can be more descriptive of the data set than the average. It is the point above and below which half (50%) of the observed data falls, and thus represents the data's midpoint.

The median is the number in the middle of a sorted list of numbers. To find the median value in a series of numbers, sort the numbers in value order from lowest to highest or highest to lowest. The median can be used to approximate an average or mean, but it should not be confused with the actual mean.

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Which type of diversification is most likely to create value through financial economies?

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Unrelated diversification is that type of diversification which creates value through financial economies.

Unrelated diversification is the process where the diversification is done by entering into new industry.

It includes efficient internal capital allocation.

It also includes the business restructuring and entering into the business where high ROI is provided.

Unrelated diversification includes the obtaining of a bargaining price for the business.

For achieving the financial economies there must be the unity between different components of industry.

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Data marts and data warehouses have typically been relational, but the emergence of what technology has helped to let these be used for non-relational data?

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NoSQL has helped to let data marts and data warehouses be used for non-relational database.  A non-relational database is one that does not use the traditional database system's tabular schema of rows and columns. Non-relational databases, on the other hand, employ a storage model that is tailored to the specific needs of the data being stored.

NoSQL data stores are those that do not use SQL for queries. Instead, data stores query the data using other programming languages and constructs. In practice, "NoSQL" refers to a "non-relational database," despite the fact that many of these databases support the SQL-compatible queries.

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What can occur as a result of not having an innovation and planning iteration?

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There will be no time to plan, demo, and improve together if there is no invention and planned iteration.

The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.

Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by  team as a set of committed Iteration Goals.

As a result, if there is no innovation and planned iteration, there will be no time to plan, showcase, and improve together.

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The break-even point is the sales level at which:____.
a. total sales equals total costs
b. cost of goods sold equals other expenses
c. total sales equals variable costs
d. total sales equals fixed costs

Answers

The break-even point is the sales level at which the total sales revenue is the same as the total costs.

What is break-even point?

The break-even point for any company is the point at which its total sales revenue is the same as its total costs( i.e. total variable costs plus overheads).

At the break-even point. the firm in question makes neither gain nor loss, in that it is only able to recover all of its costs, which is an indication that the business would soon be able to make profits because it has been able to move the point of losses to the point zero profit.

It is incorrect to calculate break-even point as costs of goods being equal other expenses, the revenue has not been considered.

Also, when total sales is the same fixed costs, only fixed costs have been recovered, the variable costs are still outstanding, the same applies to the situation where the total sales is the same as the variable costs, the fixed costs have also not been recovered.

Overall, at breakeven point, total sales equate total costs, all costs, hence, the option(a) is correct.

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True or false: Many investors believe that by choosing to put their money into companies whose goods and services benefit society, they can improve society's financial health as well as their own.

Answers

Answer: True

Explanation:

______ organization structures respond to customer demands faster because its lower-level employees have authority and responsibility for making decisions.

Answers

Flat organization structures respond to customer demands faster because its lower-level employees have authority and responsibility for making decisions.

What is Flat Organizational Structure ?

A flat organization refers to an organization structure with few or no levels of management between management and staff level employees. The flat organization supervises employees less while promoting their increased involvement in the decision-making process.

Advantages of a Flat Structure

It elevates the employees' level of responsibility in the organization.It removes excess layers of management and improves the coordination and speed of communication between employees.Fewer levels of management encourage an easier decision-making process among employees.Eliminating the salaries of middle management reduces an organization's budget costs.

Disadvantages of a Flat Structure

Employees often lack a specific boss to report to, which creates confusion and possible power struggles among management.Flat organizations tend to produce a lot of generalists but no specialists. The specific job function of employees may not be clear.Flat structure may limit long-term growth of an organization; management may decide against new opportunities in an effort to maintain the structure.Larger organizations struggle to adapt the flat structure, unless the company divides into smaller, more manageable units.

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When preparing the statement of cash flow using the indirect method, Depreciation Expense is ______. Multiple choice question. subtracted net income under the financing activities section subtracted from net income under the operating activities section added back to net income under the financing activities section added back to net income under the operating activities section

Answers

When preparing the statement of cash flow using the indirect method, Depreciation Expense is  Added back to net income under the operating activities.

What is the indirect method for a cash flow statement?

The indirect method for a cash flow statement  serves as one of the methods that helps in the  presentation of data  which can be used to display  the expenditure of a  company during a certain period .

This method  takes the company's net income , then perform addition or subtraction  on balance sheet items to determine cash flow.  

hence, When preparing the statement of cash flow using the indirect method, Depreciation Expense is  Added back to net income under the operating activities.

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Marci rewarded her team with a bonus when she found that their performance exceeded the standards she had set. Which step of the control process does giving the reward represent

Answers

Step 4 of the control process does giving the reward represent.

Stage4:

When your business is in this stage of the life cycle, you have two choices: sell or reinvest. If you decide to sell, you’ll want to work with the right people to make sure you’re following state and federal finance laws.

Reinvesting in your company can result in its renewal. Ideally, you want to start this process before your business is in a decline. For example, if you notice there’s a change in the industry, modify your strategy.

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Organizations can lock in suppliers by making it difficult to switch to another organization or by ________.

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Organizations can lock in suppliers by making it difficult to switch to another organization or by making it easy to work with the organization.

What is the purpose of creating Lock-In?

'Lock in' aims to make it difficult for customers to switch from your brand or offering to a competitor's offering. It can accomplish this by increasing switching costs or the effort required to transfer (soft lock-in) and providing positive reasons to stay, such as superior brand experience or incentives.

Benefits of Lock-In:

Regular customers: Because of the lock-in mechanism, customers will make a subsequent purchase.Customer data: Track customer purchase behaviour over time and predict trends, allowing your company to adapt to their needs and potentially increase purchase frequency or basket size.Predict cash flow: Organization can estimate more accurate cash flow, which can aid in consistent organization's growth.

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Which feature allows universal containers to require a value in a custom date field when the opportunity stage changes to closing?

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Which feature allows universal containers to require a value in a custom date field when the opportunity stage changes to closing: Validation rule.

opportunity is a favorable, appropriate, or advantageous combination of circumstances. We use the opportunity to talk about a situation in which we can do something that we want to do.

opportunity assists individuals to develop work-related skills enabling them to achieve productive work within our community. People and organizations grow and develop to the extent that they capitalize on opportunities to do so.

opportunity are important to leaders because they're important to the people they lead. Opportunities are the venues where people can try, test, better, and even find themselves.

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Negotiations between unions and a firm or firms is called _____________________ .
a. collective bargaining
b. cooperative bargaining
c. united bargaining
d. organized bargaining

Answers

Answer:

cooperative bargaining

Bailey broker sponsors two sales agents: Jon and Jen. Horace has signed a buyer representation agreement with Bailey to have Bailey and his team help Horace find a new home. What kind of agents are Jon and Jen to Bailey

Answers

A sales agent/license holder is a general agent of a broker/license holder. Both the broker and the sales agent typically become special agents of any client/principal. A broker and his sponsored sales agents are not agents of the client until an actual expressed agency relationship has been established. Until then, Horace is a customer.

A man or woman agent is one that has passed through considered necessary schooling, exceeded an exam, and been duly certified by IRDA to promote coverage policies to the general public and offer after-income providers along with helping on the time of a declaration. His license may be for life insurance, general insurance, or each.

182. 'Agent' and 'essential' are described. An 'agent' is a person hired to do any act for every other or to symbolize some other in dealings with 0.33 person. The person for whom such act is done, or who's so represented, is referred to as the 'fundamental'.

Standard Agent- Agent appointed to do all acts referring to a selected job. Sub-Agent-An agent appointed by way of an agent. Co-Agent- sellers together appointed to do an act together. Dealer- An agent whose process is to create a contractual date between two events.

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Improvement of performance as a result of repeated exposure to a task is referred to as a ________ effect. reactive non-reactive practice fatigue

Answers

The answer is Practice effect.

The performance shift brought on by repeated testing is known as the practice effect.

In other words, if a youngster is given a test too soon, the practice effect may provide an improvement in performance (remembering the test items).

Knowing the practice effect is crucial because it will help us determine whether someone's performance has genuinely improved or if the retesting was conducted too soon and caused the improvement.

To ensure test-retest reliability, major testing providers like Pearson and Pro-ed recommend a 2-week gap between developing test administrations.

Hence, improvement of performance as a result of repeated exposure to a task is referred to as a practice effect.

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Jacoby Company received an offer from an exporter for 21,300 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $25 Unit manufacturing costs: Variable 13 Fixed 3 The differential revenue from the acceptance of the offer is a.$532,500 b.$894,600 c.$362,100

Answers

The differential revenue from the acceptance of the offer by Jacoby Corporation is d. $85,200.

What is differential revenue?

The differential revenue is the revenue lost when a company rejects a special order or an alternative decision is made.

Data and Calculations:

Exporter's offer = 21,300 units at $17 per unit

Domestic selling price per unit = $25

Variable costs per unit = $13

Fixed costs per unit = $3

Contribution margin per unit based on the special offer = $4 ($17 - $13)

Differential revenue = $85,200 ($4 x 21,300)

Thus, the differential revenue from the acceptance of the offer by Jacoby Corporation is d. $85,200.

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Question Completion with Answer Options:

a. $532,500

b. $894,600

c. $362,100

d. $85,200

When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to:_______
a. obtain and allocate critical and scarce resources.
b. reduce costs in their industry.
c. minimize foreign corporate income taxes.
d. grow their company at any cost.

Answers

When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to obtain and allocate critical and scarce resources.

What is business strategy?

Business strategies are actions created to run and conduct operations, so that the business can grow. They are ways developed by business to create values.

It also involves looking for places in the market, gaining new customers as well as keeping existing customers happy, being able to compete in their field, and achieving goals.

Importance of strategies as it relate to a business are:

It helps define a business hence gives set of values and purpose. It helps a business understand what success actually looks like. It provides a roadmap for our business,

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Commercial banks, savings and loans, credit unions, and non-banks are all considered to be a part of the U.S. system.

Answers

Commercial banks, savings and loans, credit unions, and non-banks are all considered to be a part of the U.S. banking system.

What is Commercial banks?

Commercial banks can be defined as banks that accept deposit and as a well give out loans to their borrowers.

Hence, United State of American banking system is comprises of the following:

Commercial banksSavings and loansCredit unionsNon-banks

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A systems breach occurs at a financial organization. The system in question contains highly valuable data. When performing data acquisition for an investigation, which component does an engineer acquire first?

Answers

When performing data acquisition for an investigation, the component does an engineer acquire first is: "Disk controller cache"


What is data acquisition?

Data Acquisition is synonymous with data collection; it is defined as the process of gathering, filtering, and cleaning data prior to storing it in a data warehouse or other storage solution.

Hence the Disk controller cache will be looked at first because it will contain details and logs of all events that have occurred in that system.

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What type of international risk exposure measures the change in present value of a firm resulting from changes in future operating cash flows caused by any unexpected change in exchange rates

Answers

The answer is  operating exposure.

Operating exposure relates to how exchange rate changes might affect a firm's future cash flows and, as a result, its value. Cash flows might be contractual or expected. The concept of an exposure without contracted cash flows might be difficult to understand.

The operating vulnerability of a corporation is largely driven by two factors: Are the marketplaces in which the corporation obtains its inputs and sells its goods competitive or monopolistic? Operating risk is increased when a company's input costs or product pricing are affected by currency volatility.

Therefore, the answer is operating exposure.

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Which core process includes the activities required to produce and deliver the service or product to the external customer?

Answers

The core process which includes the activities required to produce and deliver the service or product to the external customer is order fulfillment process

Order fulfilment is a process of fulfilling a sales order according to the customer's specifications. That is, delivering goods as promised at the time of sale. There are four main steps in fulfilling a customers order which are-  processing orders, warehousing, packing, and shipping products.

After the customer places an order, there is a procedure to be followed where you need to prepare and deliver the items accordingly. This process typically takes up to 48-72 hours to be completed.

After an order has been submitted for fulfillment, it has to be received and accepted by the logistics company.

Hence, the answer was given and explained above.

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Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.

Answers

Spending plans are divided into three categories with roughly 50% of the after tax budget going to the category of needs and 30 % of the after tax budget going to wants, with the rest going to ESI.

More about Spending plans:

A spending plan is a way to allocate your income to the assortment of needs and wants. You can effectively manage your finances and choose where to spend your money by making a spending plan in advance.

In the spending plan daily costs and short-term spending are your needs. Consider your rent or mortgage payment, groceries, gas, auto payments, and so on. You must budget for these expenses because, well, you can end up in some serious financial difficulty if you don't.

The items and experiences you want and wish to budget for are often your wants. Taking a trip with friends or family over the weekend, attending a concert, or going out to dinner are some examples.

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Answer the question on the assumption that the legal reserve ratio is 20 percent. suppose that the fed sells $500 of government securities to commercial banks (paid for out of commercial bank reserves) and buys $500 of securities from individuals, who deposit the cash in checking accounts. as a result of the given transactions, the supply of money in the economy will

Answers

The sale and purchase of government securities by the Fed would leave reserves unchanged.

What is the effect of the purchase and sale of government securities?

The Fed is the Central Bank of the United States. One of the duties of the Fed is to conduct monetary policies. Monetary polices are used to affect the level of money supply in the economy.

One of the monetary policy tools of the Fed is open market operation. When the Fed sells government securities, it is known as an open market sales which reduce money supply. When the Fed buys government securities, it is known as an open market purchase which increases money supply.

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. Reserve ratio is determined by the Fed.

Change in reserve = (  value of government securities bought / reserve ratio) - (value of government securities sold / reserve ratio)

($500 / 0.2) - (500 / 0.2)  = 0

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All decisions for the coffee chain, jobos, are made by the founder and chief executive officer. this company has a:_______

Answers

All decisions for the coffee chain, jobs, are made by  founder and chief executive officer. Company has a centralized A centralized organization is decision-making structure in all decisions and processes are handled solely at the top or executive level. Apple is an example of a company with a centralized management structure.

Much of Apple's decision-making authority rests with  (CEO) Tim Cook, who took over as CEO after Steve Jobs died. A centralized organizational structure is one that heavily relies on top-down decision-making. An executive team is in charge of approving all relevant decisions, which communicate to various levels of management.

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A firm is thinking about adding a product to its product line. What is the most likely outcome if the firm goes through with this plan?

Answers

The most likely outcome when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products

What is product advertising?

Product advertising:

Is a management effort geared towards creating a demand for a product.Promotes consumer awareness.Fosters consumer interest in the product.Encourages consumers to make purchase decisions quickly as they see the product.

Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.

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Question Completion with Answer Options:

A. It will be difficult to manufacture the product.

B. The company will have to work hard to build up the brand.

C. The new product is certain to be accepted by the market.

D. The new product can be advertised alongside existing products.

E. It will take a long time for customers to feel loyal to the product.

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