Customer strategy, Customer strategy, according to Merkle, is "a data-driven approach to maximizing the financial value of customers, by combining a profound understanding of customer needs
What is customer strategy ?
Customer strategy, according to Merkle, is "a data-driven approach to maximizing the financial value of customers, by combining a profound understanding of customer needs, behaviors, and value with the ability to engage specific customers in the best possible way at various touchpoints across the entire relationship with those customers."
The articulation of the unique value and experience your business will provide to a predetermined group of customers over the course of three to five years, along with the offerings, channels, operating model, and competencies you will need to achieve it, is what we mean by customer strategy.
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what advantages do corporations receive when operating in favorable areas within a given country? b. labor specific c. capital specific d. location specific g
Personal liability protection, business continuity and security, and easier access to capital are all advantages of a corporation. A corporation has strict formalities and protocols to adhere to in addition to being time-consuming and subject to double taxation.
What advantages do economies of scale provide?Profits rise as a result of economies of scale, which also provide businesses with a platform for expansion and a higher return on investment. Scale of a larger company: As a company grows in size, it becomes more stable and less susceptible to external threats like hostile takeover bids.
What are the most significant benefits of a corporation?Limited liability, the ability to raise money for investments, perpetual existence, employee benefits, and tax advantages are all advantages of a corporation. The disadvantages include higher profits taxes and higher setup costs.
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What is meant by differemtial outcomes in regards to Diversity-validity dilema
The meaning of differemtial outcomes in regards to Diversity-validity dilema is the tradeoff between the selection of valid predictors a regards the employee performance.
What is diversity-validity dilemma?The diversity-validity dilemma can be described as the adverse impact that do occur through the selection decisions that is been focused on the selection tool .This focus on the tradeoff that exist between the valid predictors of employee performance .
It should be noted that the differential outcomes effect can be described as the theory in behaviorism, which is been used in the psychology field, and this help to display the positive effect with respect to the accuracy which can be found in the discrimination of learning.
In conclusion, this can be seen in the different stimuli in a case whereby there is a rewards which is been paired with each individual stimulus together so as to arrive at a common juncture.
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Gross Domestic Product (GDP) is a comprehensive measure of national
O Exports
O Input
O Outputs
O Imports
GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period (say a quarter or a year). It accounts for all the output produced inside a nation's boundaries.
The total amount of private and public consumption, government expenditures, investments, additions to private inventories, and paid-in all go into calculating a nation's GDP.
A input or an output, is GDP?
GDP measurement
GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period (say a quarter or a year). It accounts for all the output produced inside a nation's boundaries.
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Which components of your HR plan will you have to change?
What additional information would you need to create an action plan for these changes?
Integrate a more strategic HR plan into the new business without a doubt. In order to explain the changes to both the new and existing employees strategy, the manager should study the current HR policies and schedule a training session.
They involve reviewing the current labor business, predicting future need for labor, balancing supply and demand, and advancing organizational objectives. Create an action plan with specific measures to implement all suggested improvements. The strategy must be thorough, understandable, and current. The action plan should also incorporate the knowledge and concepts you had obtained when the deliberating on your goals and tactics.
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Refer to the above diagram of the market for corn. If the price in this market is $2 per bushel, then there will be? (The graph and answer choices are in the picture below)
If the price in this market is $2 per bushel, then there will be a shortage of about 8,000.
What is a shortage?A shortage occurs when the price of a good is below the equilibrium price. This would result in the quantity demanded of the good to be in excess of the quantity supplied.
Equilibrium is the point on a graph where the quantity demanded is equal to the quantity supplied. $2 is below the equilibrium price of $3, thus, there would be a shortage.
Shortage = quantity demanded - quantity supplied.
$12,000 - $4,000 = $8,000
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which approach takes a look at the external environment outside the bounderies of the organization? group of answer choices contemporary approach quantitative approach behavioral approach classical approach
To maximize an organization's productivity and, consequently, increase profits, the traditional management strategy places an emphasis on centralized authority, labor specialization, and incentives.
What is the current strategy?
Contemporary Approaches® is a dynamic, highly interactive round-table educational experience led by world-class faculty members that aims to provide general orthopedic surgeons with relevant and timely updates in a personal setting.
What exactly is a modern quantitative approach?
Complex problems are solved using statistics and mathematical methods in the quantitative management approach. Managers may assess performance using methods like information models or computer simulations, depending on the business area.
What are the four methods of organization?
approach to human resources contingency plan. Approach to productivity Frameworks approach.
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How do you know if a company fosters an innovative culture and climate?
a) It has a set of dependent processes and structures for how the company
designs solutions.
b) It allows for experimentation, failure, and risk taking.
Oc) It focuses only on producing the products that have made it successful.
d) It seeks feedback from a small thinktank of individuals who have a pulse on
consumers.
e) It uses change agents to broker disagreements between management and
innovators.
Answer: 2nd option
Explanation: because big organizations like Car dealerships such as Honda set aside substantial capital every year to sustain the innovative culture and climate in the company. To foster an innovative culture in the company, all or most employees' commitments are usually required so that new new ideas are created, this allows employees to catch the newer technology, and then also allows them to learn from trial-error methods.
assume a pre-promote structure where all money is treated equal, the developer puts in 10% equity, the real estate investor puts in 90% of the equity and the promote is 20% to the developer and 80% to the real estate investor over a 15% preferred rate. the promoted compensation structure is advantageous to a developer because?
The entire cash payouts from an investment, divided by the total equity invested, is known as the equity multiple in commercial real estate.
How is a promotion determined?
The promote is the sum of money paid to the sponsor over and above the earnings on the capital they supplied to the deal. Example: As part of the total equity needed to purchase a property, the sponsor pays 10% of his own money. The remaining 90% of the equity is obtained from other investors.
What connection does real estate have between debt and equity?
Rent received from renters or capital gains from selling the property serve as the means of profit for equity real estate investing. In debt real estate investing, loans are made or mortgages are purchased (or mortgage-backed securities).
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________ is a technique used by many companies to identify areas for improvement.
Statistical process control is a technique used by many companies to identify areas for improvement.
This is further explained below.
What is statistical process control?Generally, The use of statistical tools to monitor and regulate the quality of a manufacturing process is known as statistical process control or statistical quality control.
This helps to guarantee that the process functions effectively, therefore creating more items that correspond to the specifications while simultaneously reducing the amount of waste.
In conclusion, Statistical process control is a method that a lot of businesses utilize to figure out where they can make some changes for the better.
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Statistical process control is a technique used by many companies to identify areas for improvement.
What is companies?
Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.
The use of statistical methods to supervise and regulate the quality of a manufacturing process is referred to as statistical process control. The lower level of waste is a benefit in company of statistical process control. The comparison is made on a daily basis.
As a result, the Statistical process control is a technique used by many companies to identify areas for improvement.
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What is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%?
answer is attached to this ☝️☝️☝️☝️
hope it helps you
Which of the following Learning Outcomes is typically NOT associated with
activities based on an Active Learning approach?
Students are asked to actively participate in their learning through discussion, investigation, and creation through active learning approaches. Students work on skills in class, deal with challenging questions, solve problems, make judgments, offer answers, and articulate concepts in writing and discussion.
What is active learning?Active learning is "a form of learning in which students actively or experientially participate in the learning process and where several levels of active learning are present, depending on student involvement." According to Bonwell and Eison (1991), "students participate when they are doing anything other than passively listening." Students' academic achievements are improved when active teaching methods are used in the classroom, claim Hanson and Moser (2003). Further stating that "by utilizing learning strategies that can include small-group work, role-play and simulations, data collection and analysis, active learning is purported to increase student interest and motivation and to build students' "critical thinking, problem-solving and social skills," Scheyvens, Griffin, Jocoy, Liu, & Bradford (2008).
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according to the ______ rule, increasing the surface area (size) of a storage unit or retail facility results in a disproportionate increase in volume (space).
According to the cube square rule, increasing the surface area (size) of a storage unit or retail facility results in a disproportionate increase in volume (space).
Every 3-dimensional object occupies some area. This space is measured in terms of its extent. Volume is described as the space occupied in the limitations of an item in 3-dimensional space.
In arithmetic, 'extent' is a mathematical quantity that suggests the amount of three-dimensional area occupied by way of an object or a closed floor. The unit of quantity is in cubic units consisting of m3, cm3, in3 and so on. every now and then, volume is likewise termed capability.
From measuring beverages to assessing ingesting amounts, extent is vital. Keep in mind that volume has nothing to do with weight or mass; it's far the size of the way much space a liquid or gas takes up.
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Customer objections can be categorized as relating to
Group of answer choices
timing and sequence.
need and sequence.
source and pitch.
product and price.
Customer objections can be categorized as relating to: product and price.
What are customer objections?Customer objections are those concerns that a customer has that can make them hesitate on purchasing a product. Often such objections relate to the product and, or its price.
When the customer senses that something is wrong with the product, or it is simply what they do not need at that time, they often tend to draw back from purchasing the product. So, when broadly categorized, we can say that customer objections can stem from the product and its price. Sellers should ensure that their products are in the best conditions.
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In a long run equilibrium in a perfectly competitive market we should expect to see that
A. Firms are producing the largest output
B. The average variable costs are bigger than the average fixed costs
C. The marginal cost of firms is the average total cost
D. Firms make 0 profit
D) In a long-run equilibrium in a perfectly competitive market, we should expect firms to make no profit.
What exactly is a long-run equilibrium?
In microeconomics, the equilibrium is determined at the point where demand and supply meet. In macroeconomics, equilibrium is reached when aggregate demand equals aggregate supply. However, equilibrium may differ in the short and long run.
In macroeconomics, there are two types of aggregate supply curves: short-run aggregate supply and long-run aggregate supply. The equilibrium may differ depending on the type of curve. When the long-run aggregate supply (LRAS) curve intersects the aggregate demand curve, long-run macroeconomic equilibrium is reached.
The economy is at full productive capacity when it is operating on its long-run aggregate supply curve. Furthermore, actual output rarely exactly matches potential output because short-run aggregate supply and aggregate demand are constantly changing.
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Ethics Student Activity Packet
Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." See further explanation below.
What are the codes of conduct for Accounting Professionals?Recall that the field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The updated Code creates a conceptual framework for all professional accountants to follow in order to assure conformity with the five core ethical principles:
IntegrityObjectivity.Due Care and Professional DexterityConfidentiality.Professionalism in Action.Accounting professionals must follow the rules and regulations that govern their domains and bodies of work in order to be ethical. Avoiding behaviors that might harm the profession's reputation is a realistic promise that business associates and others should anticipate.
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• Describe the connection between systems thinking, projects, and corporate strategy.
• Describe an example of how an event, negative or positive, can grow into a vision or strategy by using feedback, loops, and labels.
There is a connection between systems thinking, projects, and corporate strategy. As, companies do need to develop strategies which can ensure their long-term competitive capacity, especially in the turbulent environments.
Systems thinking, which is much like the design thinking. It also requires the time and possibly research budget in order to fully explore the patterns, structures, and cycles which helps on creating a system map or an hypothesis.
Companies do often tend to lack a systemic approach to their strategy development process, so it is important for them to develop strategies which ensure long-term competitive capacity, especially in turbulent environments.
Hence, an event, negative or positive, can grow into a vision or strategy.
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The following information relates to Wildhorse Co. for the year 2022.
Retained earnings, January 1, 2022
Dividends during 2022
Service revenue
Salaries and wages expense
Your answer is incorrect.
$51,840
5,400
Net income/(loss) $
67,500
30,240
After analyzing the data, compute net income.
Advertising expense
Rent expense
Utilities expense
Other comprehensive income (net of tax)
$1,940
11,230
3,350
430
The net income is given as $20,740.00, the comprehensible income is given as $21,170.00
What is net income?This is the term that is used to refer to the earnings that would be made from a business minus the cost that was incurred for the business.
How to solve for the net incomeThe net income is given as the revenue - expenses.
The revenue = $67500
other expenses would be = salary + advert + rent + utility expenses
This is given as
30240.00 + 1,940.00 + 11,230.00 + 3,350.00 = 46,760.00
The net income = $67500 - 46,760.00
= $20,740.00
The comprehensible income is given as $20,740.00 + 430 = $21,170.00
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as a general rule, is it safe to assume that a change in the price of a good will always have its most significant impact on the quantity demanded of that good, rather than on the quantity demanded of other goods? explain.
When in doubt, an adjustment of the cost of a kindness essentially affects the amount requested of that great, however not consistently. In the event that the positive quality in setting is a second rate great, the replacement and pay impact will work in inverse headings decreasing the impact of progress.
As a rule, this doesn't know it is right, in light of the fact that changing the shopper's utilization of substitutes and supplements to the essential great requires first changing the buyer's utilization of the essential great. In the event that the cost of apples ascends, for instance, a shopper can change to oranges by first decreasing his apple consumption.
What is the standard expressing that more will be requested at lower costs?
The law of interest expresses that as the cost of a decent declines, the amount requested of that great increments. All in all, the law of interest expresses that the interest bend, as a component of cost and amount, is consistently descending slanting.
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A loan for $2000 with a simple annual interest rate of 19% was made on November 11 and was due on January 16 find the ordinary interest
When a loan for $2000 with a simple annual interest rate of 19% was made on November 11 and was due on January 16, then the rate of ordinary interest will be 3.3%.
What is the significance of simple interest?In the situation given above, the simple interest for 1 day will be,
Daily simple interest = Annual Rate/365
Daily simple interest = 19/365 = 0.05%
The tenure of the loan was 66 days between November 11 and January 16, so the charged interest will be,
Interest for 66 days= 66 x 0.05 = 3.3%
Now the actual amount of interest to be charged over the loan will be,
Actual interest charged = 2000 x 3.3% = $66.
Therefore, the significance regarding simple interest has been aforementioned.
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a taxpayer may exclude which of the following from their gross income?
A. an allocation of income from a business structured as a partnership, based on the taxpayers percentage of ownership.
B. dividend income from a mutual fund investment.
C. gain from the sale of rental property.
D. life insurance if paid by reason of death of the insured
Answer:
D. life insurance if paid by reason of death of the insured
Explanation:
You want to know which of business income, dividend income, rental property sale proceeds, or life insurance can be excluded from gross income.
Life insuranceThe death benefit paid by a life insurance policy is not taxable and may be excluded from gross income. Any interest it may have earned is taxable and should be reported.
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Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The fair market
value at the time of conversion was $210,000. (Use Table 6A-6
Required:
a. Determine the amount of cost recovery that can be taken in 2021.
b. Determine the amount of cost recovery that could be taken in 2021 if the fair market value of the property were $350,000.
If Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The amount of cost recovery that can be taken in 2021 is $7,318.50 and the amount of cost recovery that could be taken in 2021 is $8,712.50.
Cost recoveryIn order to determine the cost recovery we have to choose the amount that is lower between the depreciable basis of the fair market value or cost at the date of conversion.
The amount that is lower is the cost at the date of conversion of the amount of $210,000 and this amount is depreciated based on a 27.5 year mid month method.
Hence,
a. Amount of recovery :
Amount of recovery = $210,000 × 0.03485
Amount of recovery = $7,318.50
b. Amount of recovery
Amount of recovery = $250,000 × 0.03485
Amount of recovery = $8,712.50
Therefore the cost recovery is $7,318.50 and $8,712.50.
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The manufacturer of the X-15 steel-belted radial truck tire claims that the mean mileage the tire can be driven before the tread wears out is 60,000 miles. Assume the mileage wear follows the normal distribution and the standard deviation of the distribution is 5,000 miles. Crosset Truck Company bought 48 tires and found that the mean mileage for its trucks is 59,500 miles. Crosset would like to know if their experience is different from the manufacturer’s claim.
a. State the null hypothesis and the alternate hypothesis.
b. State whether the decision rule is true or false: Reject H0 if z < −1.96 or z > 1.96 using a 0.05 significance level.
multiple choice 1
True
False
c. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)
d. What is your decision regarding H0?
multiple choice 2
Reject H0
Do not reject H0
e. What is the p-value? (Round z value to 2 decimal places and final answer to 4 decimal places.)
f. Is Crosset's experience different from that claimed by the manufacturer at the 0.05 significance level?
multiple choice 3
Yes
No
The null hypothesis is H0 : u = 60000 alternate hypothesis is h1 : u < 60000. b. This is true. c. test statistic = -0.69 d. fail to reject H0 e. p value = 0.49 f. No
What is the null hypothesisa. The null hypothesis is
H0 : u = 60000
alternate hypothesis is
h1 : u < 60000
The population mean = 60000
sample mean = 59500
sample size = 48 tires
the standard deviation of the population is 5000
we have to solve for the standard error = sd / √n
= 5000 / √48
= 5000 / 6.928
= 721.7
b. Reject H0 if z < −1.96 or z > 1.96 using a 0.05 significance level is true
c. z test statistic =
59500 - 60000 / 721.7
= -0.69
d. -0.69 is greater than z < −1.96 , fail to reject H0
e. we have to find the p value using the p value calculator
p value = 0.49
f. Given that the p value is greater than 0.05, we cannot reject the null hypothesis. The answer is no.
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How to make money online
Answer:
forest ,crypto and bit coin
3. What are your specific responsibilities for making travel arrangements? How much of the booking information takes place
online?
Most businesses have someone who is ultimately in charge of overseeing travel. There will be a dedicated travel manager in major businesses.
Who is responsible for making travel arrangements in an organization?Most businesses have someone who is ultimately in charge of overseeing travel. There will be a dedicated travel manager in major businesses. However, this position frequently goes to a member of the administrative or financial teams in smaller, developing businesses. It's only one of their jobs, too.
The travel manager oversees every aspect of business travel. They aid in the development of a company's travel strategy, oversee travel arrangements, assist in choosing the best corporate travel agency for the business, organize and manage travel expenses, and ensure the security of business travelers.
Pick your destination.Decide the duration of your trip.Book flights, train, or bus tickets, and accommodation.Plan the day-wise activities and course of action.Pack diligently and create all the necessary adjustments.To learn more about travel arrangements refer to:
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dale is a stay-at-home-parent whose typical day consists of getting the kids ready for school, doing the laundry, cooking three meals, and cleaning the house. how are dale's home activities counted in gdp?
Dale's home activities will not be counted in GDP.
What is GDP or Gross Domestic Product?Gross Domestic Product is described as the total market value or the total value in terms of money for all the services and goods that have been manufactured within a nation or a country. It is important to mention that the Gross Domestic Product provides an overall idea of the economic health of a country, and the domestic production carried out in it.
Dale mainly stays at home and his work generally revolves around getting the kids to school, cooking, doing the laundry, and cleaning the house. All these activities do not contribute to the Gross Domestic Product of the country. Hence, such activities will not be considered.
It can be concluded that Dale's home activities will not be counted in GDP.
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The three typical behavioral theories
The four theories of health behavior that are most widely used are the Theory of Planned Behavior, the Health Belief Model, and the Transtheoretical Model/Stages of Change.
The relationship between three Behavior different types of behavior theory introspection-based, behavioristic, and sociological is examined in this essay. The idea that mentalistic notions are theories concepts that are contextually defined inside physicalist theories, as well as Ryle's attempt to reduce mentalistic to dispositional concepts, are explored and disproved.
Because (b) and (c) assume Verstehen as a way of cognition and norm-relevance as a guiding principle of classification, it is believed that all three categories of behavior theory cannot be reduced to the physicalist paradigm theories.
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what might shift the aggregate-demand curve to the left? use the model of aggregate demand and aggregate supply to trace through the short-run and long-run ef- fects of such a shift on output and the price level.
When overall consumer spending declines, the aggregate demand curve typically moves to the left.
Elaborate on shifts in Aggregate Supply and Demand in the AS-AD Model.Every expansionary policy tends to move the aggregate demand curve to the right, and every contractionary policy tends to move it to the left. However, because long-term aggregate supply is set by the elements of production in the long run, short-term aggregate supply shifts to the left, meaning that any change in aggregate demand merely affects the level of prices.
A short-run aggregate supply curve shift is far less common than an aggregate demand curve shift. The aggregate supply curve only changes in the short run in response to the aggregate demand curve. However, the short-run aggregate supply curve moves in response to a supply shock without being prompted by the aggregate demand curve. Fortunately, the correction procedure is the same whether the aggregate supply curve shifts in the short run or the aggregate demand curve shifts. That is, a short-run equilibrium exists where the short-run aggregate supply curve intersects the aggregate demand curve when the short-run aggregate supply curve shifts. When the aggregate demand curve intersects both the short-run and long-run aggregate supply curves, it has moved along the short-run aggregate supply curve. When the economy finds this new long-run equilibrium, the output is unaffected but the price level changes.
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How do I find the payment of a 10 year $10,000 mortgage with a 10% annual interest rate?
Based on the mortgage value, the interest rate, and the period of 10 years, the payment can be found to be $1,627.45
How to find the payment amount?The payment amount to repay the 10 year mortgage will be an annuity because it will be a constant and specific amount over the 10 years.
To find the annuity, use the present value of an annuity formula:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ - number of periods) / rate
Solving for the annuity gives:
10,000 = Annuity x ( 1 - ( 1 + 10%)⁻¹⁰) / 10%
10,000 = Annuity x 6.14457
Annity = 10,000 / 6.14457
= $1,627.45
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Marina (33) will use the single filing status. She itemized deductions in 2020. She plans to itemize for 2021. For her plan to itemize deductions to be the most beneficial her itemized deductions should exceed a threshold amount of:
A. $12,400
B. $12,500
C. $13,900
D. $18,800
Based on the single filling status of Marina, and current tax laws on itemized deductions, for Marina's itemized deductions to be beneficial, they should exceed a threshold of B. $12,500.
How to find the most beneficial itemized deductions?Tax laws are such that if the expenses you wish to deduct as itemized deductions are more than the standard deduction, then you should itemize your deductions.
What this means is that for Marina's plan to itemize deductions to be successful, she needs to have less itemized deductions than the standard deduction for those who are married and filing single. But, this amount should be as close as possible to the standard deduction.
In 2021, the standard deduction for those filing single was $12,550. This is as opposed to $18,800 for Heads of Households. The advantageous itemized deductions that Marina should exceed therefore, is $12, 500.
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we described monetary policy as a sequence focused on banks having more reserves. if the economy is in a liquidity trap, what part of this sequence doesn't happen?
The monetary policy as a sequence focused on banks having more reserves it does not happen in a sequence when the increasing reserves doesn't lower the interest rates.
What is Monetary Policy?A Monetary Policy is a type of policy adopted by a monetary authority of a nation to control the interest rates to be paid for very short-term borrowings in an attempt to reduce inflation or the interest rates and to ensure the price stability and value of a nation's currency.
Monetary Policy is a type of modification for the supply of money or decreasing money supply .The Monetary policy contributes to the stability of the Gross Domestic Product. Monetary Policy is often associated with the interest rate and credit available.
What is Liquidity Trap?Liquidity Trap refers to a situation in which the increase in the money supply does not increase the interest rates income and hence does not stimulate economic growth. Liquidity trap is an extreme effect of monetary policy.
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