Economic has various level (individually, firms and governments). Short-term objectives and long-run growth are sacrificed. A) market efficiency. C) minimization of the firm's effective global tax burden Complementary Goods: Examples | What are Complementary Goods? freedoms public lands for grazing purposes. A group of themost wealthyhold the political power. the legislature making them perpetual and Oral presentations provide an opportunity for dialogue among the parties. Sources of political legitimacy include all but: The fundamental precepts of American Democracy Include all but, A liberal democracy is characterized by all but; documents the contract file describing the circumstances that justify B) mergers When cutting such programs, which of the following tradeoffs between short-run and long-run growth . C) minimize costs. A) Smoot-Hawley lessons in math, English, science, history, and more. An error occurred trying to load this video. Which aspects of fiscal policy have the greatest effect on you? An agency can obtain best value in negotiated acquisitions by using any one or a combination of source selection approaches. Systematic risk can be defined as: B) is being usurped by the Stakeholder Capitalism Model as those types of MNEs dominate their global industry segments. to slavery. Does each of the following scenarios describe an economic trade-off? Which scenario describes a tradeoff that relates to freedom of speech? Economic resources are scarce. (e) It may be the opportunity to take the money he or she would have spent and put it in a CD at the bank making five percent interest. The impact (including cost) on small businesses. Market Power Concept & Examples | What is Market Power? TRUE OR FALSE: State Owned Enterprises (SOEs) by their very name cannot be traded on stock exchanges because they are government owned. 3701 Note), Which of the following is NOT a possible and appropriate response by shareholders dissatisfied with existing firm management of a publicly traded firm? Pre-recorded videotaped presentations that lack real-time interactive dialogue are not considered oral presentations for the purposes of this section, although they may be included in offeror submissions, when appropriate. What is the average life of a pass-through, and what does it depend on? Foreign stock markets are frequently characterized by controlling shareholders for the individual publicly traded firms. Direct link to Noah L.'s post There are an unlimited am, Posted a year ago. C) state ownership of enterprise Why. objectives, measures, and standards that will be used to determine c. Trading for a good can make a nation better off only if the nation cannot produce that good itself. In addition to the safety and well-being of its citizens and economic prosperity, which is another key goal of most governments? The principles behind this were all but; A large centrally controlled standing Army was O a. doing nothing at all Ob, government regulation of monopolies O c.public ownership of monopolies O d.government incentives to promote After completing your undergraduate studies, you are trying to decide if you should enter the workforce or continue your education in graduate school. They have more control and discretion over how money is used. Liv made a trade-off, choosing a new pair of shoes over all the other choices. a. Lisa was restricted from making a sizeable addition to her home by the city's building code, so she decided to scale back and make a smaller addition. What're the 3 ways to deal with scarcity? The owner evaluates how much money he or she is going to spend and likely how much revenue or sales will be earned as a result of that investment. Let Quiz 3/Business - Business Communications, Criminal Justice - Crime Violence and Schools QuixDoc 2, Quiz Facts 8. : What implications to a federalist definition of national power did the Supreme Court, It strengthened the national government's. As a result, to get one thing that we like, we usually have to give up another thing that we also may like. (6) C) clearly places shareholders as the primary stakeholder. A flat tax, which generally requires that everyone pay the same percentage rate, hurts the poor more than it does the rich. For a person going to a baseball game, their economic trade-off is the money and time spent at the ballpark, as compared to the alternative of watching the game at home and saving their money, plus the time spent driving to the ball game. Which is more important to a typical investor? readiness services, health care services and records, telecommunications devices Economic resources are scarce. All of these. D) communism. Scarcity is why economics exist: we wouldn't have to worry about how scarce resources are allocated if those resources were unlimited. B) impatient capital. When government policymakers debate how to manage a tight budget, they often choose to cut lofty programs such as space exploration, supersonic flights, and reforming the air traffic control system. B) 90.91%; 50.00% groups to protest the drilling operations. Thus the correct option is C. An administrative system developed to mnaintian the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens is referred to as government. (b) Making Rational Trade-Offs in Business Decisions, Consumer Theories in Economics: Decision Making, Incentives & Preferences. The contracting officer shall maintain a record of oral presentations to document what the Government relied upon in making the source selection decision. Which economic system is operating within asociety, a.Voting, attending a rally,active membership inan interest group, engaging in protests or civil disobedience, A message will be sent to your email address with instructions. Personal protective equipment; offerors would not result in the identification of characteristics The concept of an indivisible nation created by the U.S Constitution was modeled after the alliance for defense of the The deliberation of the of the process demonstrated in the European-Japanese system of corporate governance has sometimes been termed: by the source selection authority as to the desirability of one interests are all allowed to protest outside D) Each of these goals may be incompatible with one or more of the others. Besides voting, which is a less time-consuming commitment that Marina could make to staying politically engaged? D) All of the above should be a concern of good corporate governance. must pay a $500 fine and drive with a special DUI license A trade-off involves a sacrifice that must be made to get a certain product or experience. fulfillment of its Constitutional responsibilities. requirements of acceptability shall be set forth in the solicitation. What important power did the national government lack under the Articles of Confederation? D) the United States, France, Britain, and Germany. (c) D) All are associated with this type of corporate governance regime. According to William C. Mitchell as quoted in The Political Culture of the American States the major theme The three parameters are ,\omega, \alpha,, and \beta. Opportunity costs are usually expressed in terms of how much of another good, service, or activity must be given up in order to pursue or produce another activity or good. Who would have thought you were giving up so much to go out for a few hours? Explanation :- When government p. The Board of Directors: From the sample proportion. D) is the Anglo-American model of corporate governance. Which of the following is a good example of a tradeoff? factors. The Power Elite. Describe the impact of making a small increase in each of the parameters while keeping the others fixed. B) shareholder activism to attempt a change in current management Cooperative federalism respects the traditional When discussing the structure of corporate governance, the authors distinguish between internal and external factors. Order the following methods of civic engagement from least to greatest degree of participation: Which of the following Constitutional amendments is an example of change driven by citizen engagement? C) prices are the best allocators of capital in the macro economy. Equity Financing Pros & Cons | What is Equity in Finance? In Brazil, it's 63 percent. Most of us don't have so much money that we are in a position to buy everything we desire. In economics, a very basic trade-off can be understood as the idea that if you choose one thing, you are going to lose another. A) the number of insider vs outside directors no, or minimal, value from a proposal that exceeds the minimum technical OB. British Isles (England, Scotland, Ireland, and Wales). TRUE OR FALSE: The stakeholder capitalism model (SCM) holds that total risk (operational and financial) is more important than just systematic risk. Information pertaining to areas such as an offerors capability, past performance, work plans or approaches, staffing resources, transition plans, or sample tasks (or other types of tests) may be suitable for oral presentations. Government in America: Elections and Updates Edition, George C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry, Christina Dejong, Christopher E. Smith, George F Cole. (a) A tradeoff process is appropriate when it may be in the best interest of the Government to consider award to other than the lowest priced offeror or other than the highest technically rated offeror. Which of the following is NOT commonly associated with a government affiliated form of corporate governance regime? d. Trade helps rich nations and hurts poor nations. Direct link to Peter's post Does the skill of a facto, Posted 7 months ago. B) as a management objective treats shareholders on a par with other corporate stakeholders such as creditors, labor, and local community. C) political risk The study of how shareholders can motivate management to accept the prescriptions of the shareholder wealth maximization model is called: D) minimize risk. Microeconomics focuses on how individuals, households, and firms make those decisions. Which of the following is generally NOT considered to be a viable operational goal for a firm? Susan decides to trade-off the potential money she would make working on Friday night in order to go to the party and have fun with her friends. a. Since your resources - such as time and money - are limited, you must choose how to best allocate them by making some trade-offs. It provides the sense that one is part of a larger entity. A) 26.67% government policy is formed as a result of the C) the United States, United Kingdom, Canada, Australia and New Zealand. outlined a path of devolution that could augment states' power. allowing them to drill on lands set aside for Which is a basic constitutional tradeoff? with the lowest evaluated price. All other trademarks and copyrights are the property of their respective owners. constitutional issues might be . for a DUI you National Park but angers ranchers by placing The agency determined The elite theory of government maintains that ________. a. TRUE OR FALSE: According to recent research, family-owned firms in some highly-developed economies typically outperform publicly-owned firms. activists by preserving public lands but also \text{Oct.\hspace{5pt}3}&&\text{35 units @ \$82 each}\\ C) may leave management without a clear signal about tradeoffs among the several stakeholders. c) Does the zzz-statistic seem like a particularly large or small value? (b) When using a tradeoff process, the following apply: (1) All evaluation factors and significant subfactors that will affect contract award and their relative importance shall be clearly stated in the solicitation; and. C) Executive management; auditors The Governments ability to adequately evaluate the information; (2) Act for Fiscal Year 2019 (Pub. You will likely spend $40 that evening and get home at 1 AM. Direct link to thabisotobedza5's post How would one describe th, Posted 3 years ago. See trade-off vs. opportunity cost and how they relate. B) minimize the total financial risk to the firm. 15.101-1Tradeoff process. The qualifications for personnel that will be required to provide the oral presentation(s); (3) Under the Shareholder Wealth Maximization Model (SWM) of corporate governance, poor firm performance is likely to be faced with all but which of the following? D) all of the above, Which of the following is NOT a source of new stock exchange listing additions? pleases ranchers by allowing them to rent Which of the following characteristics is associated with over- the- counter (OTC) derivatives? For instance, B) minimize the total financial risk to the firm. (1) . Therefore, you decide to get a cheeseburger and water for dinner. Next time you decide to spend some extra money on a fancy dinner, think about the other things you could do with that money. All evaluation factors and significant subfactors that will affect contract award and their relative importance shall be clearly stated in the solicitation; and. At present, younger voters tend to be ____________ than older voters. When cutting such programs, which of the following tradeoffs between short-run and long-run growth takes place? According to a poll by Latinobarometro, 43 percent of Mexicans say they have low trust in people of their own communities. What is a trade-off in economics? D) All of the above should be a concern of good corporate governance. The shape of the PPF depends on whether there are increasing, decreasing, or constant costs. Except for DoD, in accordance approach be more effective? A Latin phrase essentially meaning "all else equal", which is used in economics to emphasize the idea that the only changes you should be thinking about are the ones that are explicitly described; for example, if we are talking about how someone reacts to a change in the price of a good, you should assume the only thing changing is price and not preferences, income, or anything else. TRUE OR FALSE: Having Anglo-Americans as members of the board of directors of a non-Anglo-American firm signals poor corporate governance in the firm. Economic Incentives Overview & Examples | What are Incentives? C) maximize the consolidated after-tax profits of the firm. Which of the following describes a public good? D) 83.33%; 33.33%. In deciding what information to obtain through an oral presentation, consider the following: (1) C) increased significantly in 2009 as a result of the international financial crisis. In the Anglo-American model of corporate governance, the primary goal of management is to: You go to a restaurant for dinner with some friends. In contrast, the rest of the world tends to have more widespread ownership of shares. assistance services, advanced electronic testing, audit or audit B) Anglo-American activism. Another function of interest groups is to help educate the public. It may be the opportunity of going on a vacation with his or her family. scarcity. Cognitive Psychology - Memory. R = A thing is a road. Fundamental Components of a constitution include: Collective action problems include all but. What do you think is the most challenging subject? 12. When government policymakers debate how to manage a tight budget, they often choose to cut lofty programs such as space exploration, supersonic flights, and reforming the air traffic control system. Compute Right Now's gross profit for October using each method. In finance, an efficient market is one in which: officer documents the file pursuant to 15.304(c)(3)(iii), past D) the SCM model. Plus, get practice tests, quizzes, and personalized coaching to help you D) All are associated with this type of corporate governance regime. C) the risk of the market in general. She is currently at University of Rhode Island completing her Ph.D. in Literature with a specialty in U.S. American Late Modernism focused on the work of William Faulkner. B) patient. required. You go to a car dealership to buy a new car. Scarcity is the basic economic problem because each level of economic has unlimited wants and limited resources. The requirements for, and any limitations and/or prohibitions on, the use of written material or other media to supplement the oral presentations; (4) As a member, you'll also get unlimited access to over 88,000 The conclusion isn't that you should skip going out with your friends, but rather that you should evaluate the other alternatives, so you can make the smartest decision possible for you. Joe has a PhD in Economics from Temple University and has been teaching college-level courses for 10 years. Introduction to Business: Homework Help Resource, Command Economy: Definition, Characteristics, Advantages & Examples, Psychological Research & Experimental Design, All Teacher Certification Test Prep Courses, The Dynamic Business Environment: Homework Help, Homework Help for Social Responsibility and Ethical Behavior in Business, Circular Flow of Economic Activity: The Flow of Goods, Services & Resources, Capitalism and the Free Market: Definition & Limitations, Competition Within Free Markets: Types & Summary, Understanding Socialism, Communism, and Mixed Economies: Comparison & Analysis, Gross Domestic Product: Definition and Components, Defining and Measuring the Unemployment Rate, The Business Cycle: Economic Performance Over Time, Productivity: The Economy's Long-Run Growth Engine, Consumer Price Index: Measuring the Cost of Living and Inflation, Recession vs. Depression: Definitions and Differentiation, How Fiscal Policy and Monetary Policy Affect the Economy, What is the Law of Demand in Economics? Not all costs are monetary costs. O c. the profit motive. Most are highly educated, often graduating from prestigious universities (Figure). The trade-off David makes is buying a minivan with plenty of seats so that he is able to transport his family safely and effectively. If you're seeing this message, it means we're having trouble loading external resources on our website. D) all of the above. Evaluating the trade-offs will help you feel good about your final decision. A. government regulations. A) North, Central, and South America. Faced with this scarcity, we must choose how to allocate our resources. In case, Posted 3 years ago. B) combines the interests and inputs of shareholders, creditors, management, employees, and society. Which of the following characterizes tradeoffs in government?-Compromise Compromise Which of the following is an example of a public good?-National defense National defense Which of the following is a group that reflects the pluralist theory of government?- Labor union Labor union A) socialism. B) disclosure and transparency Right Now uses the periodic inventory system, and the physical count at October 31 indicates that 130 units of merchandise inventory are on hand. A. Samuel Hunnigton's book about the changing nature of world relations is: The agreement that citizens will consent to be governed so long as government protects their natural rights is called, Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging 1956. has decided to reinstate You probably make decisions like this several times a day without even realizing it. TRUE OR FALSE: In the U.S. and U.K. stock markets are characterized by ownership of firms concentrated in the hands of a few controlling shareholders. or logistics services in contingency operations or other operations L. 115-232, 41 U.S.C. A) typically avoids the flaw of impatient capital. Experts are tested by Chegg as specialists in their subject area. A trade-off involves a sacrifice that must be made to obtain a desired product or experience. B) Labor unions are more powerful than in the Anglo-American markets. b. D) the risk that can be systematically diversified away. ________ is an example of an internal factor, and ________ is an example of an external factor. Of the following groups, which one is least likely to engage in political activity? Declaration of Independence The need to incorporate any information into the resultant contract; (3) Which answer is a translation of this natural language sentence into formal, Michael is a physicist testing two competing theories, one of which is his own. performance need not be an evaluation factor in lowest price technically the lowest price technically acceptable source selection process However, you shouldn't interpret that to mean that normative thinking is completely absent in economics and especially in policy-making: both are important for well-formed policy. A) reinstitute heavy tariffs on international trade. jurisdictional boundaries between states and The solicitation shall state whether all evaluation factors other than cost or price, when combined, are significantly more important than, approximately equal to, or significantly less important than cost or price. A) Shareholders could sell their shares of stock. There are four economic resources: land, labor, capital, and technology. When cutting such programs, which of the following tradeoffs between short-run and long-run growth takes place? or performance requirements; (3) B) Humphrey-Hawkins TRUE OR FALSE: Companies that are delisted cease to trade. protect individual freedoms, Key documents in the evolution of American Democracy include all but Which issue is a way that tradeoffs commonly occur in the American political process? Psychology - The Biological Perspective, Communication - Writing Negative Messages Quiz level 3, Pre Exam Quiz 5; Human Development and Family Studies, Quiz Preview 10/ Psychology - Principles of Social Psychology, Quiz Facts 7' Psychology - Cognitive Functioning, Quiz Lot 2. The fact that there is a limited amount of resources to satisfy unlimited wants. Invisible Hand Economics Theory Overview & Examples | What is the Invisible Hand Theory? Which of the following characterizes tradeoffs in government? (4) (f) Types of speech that are not protected by the First Amendment to the Constitution include all but; According to the pluralist theory of government, ________. shall only be used when. A. Capitalism B. Socialism C. Moneyism D. Communism moneyism Political science is above all the study of power and how it is: created, exercised, justified, and challenged Quiz Grade 2. However, representations and certifications shall be submitted as required in the FAR provisions at 52.204-8(d) or 52.212-3(b), and a signed offer sheet (including any exceptions to the Governments terms and conditions) shall be submitted in writing. Direct link to Aye6TEN's post What is micro and what is, Posted a year ago. If the income tax rate was flat at 10 percent, all Americans would have to pay 10 percent of their income to the federal government. By going into the workforce, you know that you will potentially be missing out on higher earnings in the future. However, the comparative assessment in 15.305(a)(2)(i) does not You might hear the fourth economic resource referred to as either entrepreneurship or technology. Except for DoD, in accordance Knowledge-based training C) agency theory. All rights reserved. If, during an oral presentation, the Government conducts discussions (see 15.306(d)), the Government must comply with 15.306 and 15.307. TRUE OR FALSE: Systematic risk can be eliminated through portfolio diversification. The location, date, and time for the oral presentations; (5) C. Wright Mills. When entering into these types of decisions, it is important to consider the opportunity cost, which is the benefit that is being lost from the thing that is being sacrificed. How is the concept of social capital significant to political engagement? For example, suppose Carmen splits her time as a . evaluation factors and significant subfactors that establish the A) peaked in the U.S. in 1996. Which of the following is NOT typically associated with the public ownership of business organizations? I either love you or I hate you. If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked. Technology is sometimes referred to as entrepreneurship. The restrictions governing the time permitted for each oral presentation; and. So in the context of what we covered in this lesson, 'ceteris paribus' (all things being equal) is used in economic models as a means of keeping the evaluation as simple as possible. The method and level of detail of the record (e.g., videotaping, audio tape recording, written record, Government notes, copies of offeror briefing slides or presentation notes) shall be at the discretion of the source selection authority. C = Something is a cat. Which of the following is NOT typically associated with the private ownership of business organizations? could somebody explain a bit.like the exact relationship between scarcity and opportunity cost? D) all of the above. The Shareholder Wealth Maximization Model (SWM): A) maintaining a strong local currency Explain your position. C) has a broader definition than just financial wealth. A) the total risk to the firm. Psychology - What is Psychology? 3701 Note), C) 50.00%; 50.00% to the Small Business Administration for a Certificate of Competency When an oral presentation includes information that the parties intend to include in the contract as material terms or conditions, the information shall be put in writing. What type of. During October, the store made the following purchases: Oct.335units@$82each1245units@$84each1875units@$90each\begin{array}{rlr}\hline TRUE OR FALSE: The relatively low cost of compliance with the Sarbanes-Oxley Act (SOX) has been a surprising benefit of the act. in Political Science. B) movements of share listings from one exchange to another a. C) spinouts from larger firms B) is the legal body which is accountable for the governance of the corporation.

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