Answer:Sharpe ratio of the portfolio is 0.5006.
Sharpe Ratio:Sharpe Ratio, named after William Sharpe, is a measure of the risk-adjusted return of a portfolio. It takes into account both the portfolio's rate of return and its volatility. The ratio measures the excess return of an investment over a risk-free return, divided by the standard deviation of the investment's returns. The ratio helps investors to make informed decisions based on the risk and reward associated with an investment.A portfolio includes 30% of stock A and 70% of stock B. The expected return of stock A is 10%, and the expected return of stock B is 20%. The standard deviation of stock A's return is 0.6, and the standard deviation of stock B's return is 0.4. The correlation between the returns of asset A and asset B is 0.1.
The risk-free rate is assumed to be 1%.
Sharpe ratio = (expected return of portfolio - risk-free rate)/portfolio standard deviation portfolio expected return = (weight of stock A * expected return of stock A) + (weight of stock B * expected return of stock B)portfolio expected return = (0.3 * 10%) + (0.7 * 20%)portfolio expected return = 16%portfolio standard deviation = sqrt[(weight of stock A)^2 * (standard deviation of stock A)^2 + (weight of stock B)^2 * (standard deviation of stock B)^2 + 2 * weight of stock A * weight of stock B * standard deviation of stock A * standard deviation of stock B * correlation]portfolio standard deviation = sqrt[(0.3)^2 * (0.6)^2 + (0.7)^2 * (0.4)^2 + 2 * 0.3 * 0.7 * 0.6 * 0.4 * 0.1]portfolio standard deviation = 0.2965Sharpe ratio = (16% - 1%)/0.2965Sharpe ratio = 0.5006
Answer:Sharpe ratio of the portfolio is 0.5006.
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How would price fixing and collusion help producers
Answer:
Price fixing provides firms with the ability to deter away from market competition.
Explanation:
It is easier and more profitable for producers to collude and set prices together rather than compete in a competitive environment. It puts less pressure on firms to keep prices competitive and victimizes customers.
Price fixing and collusion can help producers by allowing them to manipulate market conditions and maintain artificially high prices, maximizing their profits.
Price fixing refers to an illegal practice where competing companies within an industry conspire to set prices at a certain level, eliminating competition and artificially inflating prices to maximize profits.
Collusion is a cooperative agreement between competing companies to restrict competition and gain an unfair advantage. It involves secret agreements to coordinate business practices, such as fixing prices, sharing sensitive information, or dividing markets, to manipulate the market in their favor.
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Most probably, your complete question is this:
How would price fixing and collusion help producers?
Markets that operate under highly restrictive assumptions, such as a zero tax rate, zero transactions costs, and full information of all market participants, are known as what?
Markets that operate under highly restrictive assumptions, such as a zero tax rate, zero transactions costs, and full information of all market participants, are known as perfect market.
The term "perfect market" describes a fictitious market where buyers and sellers are sufficiently numerous and competent to prevent monopolies and ensure that market prices are unaffected by manipulation.
Perfect competition describes an idealized market structure. Despite the fact that perfect competition seldom occurs in real markets, it provides an important model for demonstrating how supply and demand affect price and behavior in a market economy.
Perfect competition is said to occur when all firms sell the same items, market share has no impact on pricing, businesses can enter or exit the market without any barriers, consumers have perfect or complete knowledge, and businesses are unable to set prices.
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lieux acquires $2,000 of ozark corporation bonds for $1,950 in the open market. if the bonds are held to maturity, how is the gain or loss treated?
$50 capital gain.
If the bonds are held to maturity, the $50 increase ($2,000 - $1,950) is treated as capital gain.
What is the rule of maturity date?The date on which a debt is due in full is known as the maturity date. As of this date, the debt's principal balance has been paid in whole, hence no interest will continue to be charged. The debt issuer may choose to change the maturity date on some debt instruments so that it occurs sooner.
How long does maturity last?A bond's maturity is the day on which the principal and interest are repaid. For instance, a 10-year bond will mature in 10 years, at which point the holder will get the principal. The term "time to maturity" is also frequently used by investors to refer to the period of time until a bond matures.
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The aggregate is
A. a type of economic system.
B. the total number of goods demanded or supplied.
C. a form of revenue.
D. the total profit made on sales.
The aggregate is the total number of goods demanded or supplied. The correct option is B.
An aggregate is a union of particular economic variables or factors that are typically expressed numerically and are used to measure or analyze broad economic trends. Gross Domestic Product (GDP), which represents the total value of goods and services produced within an economy over a given time period, is an example of an aggregate.
By analyzing trends in particular variables over time, aggregates help economists analyze and understand the overall state and performance of an economy. Economists can forecast future economic outcomes and assist policymakers in making choices that can support growth and stability by understanding how aggregates change and interact with one another. The correct option is B.
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databases used by marketers may include information that is either _______ or _______.
Databases used by marketers may include information that is either internal or external.
What are databases, and what different types are there?The two main types or categories of databases are relational or sequence databases and non-relational or non-sequence databases, also known as no SQL databases. Depending on the type of data and functionality needed, an organisation may use them separately or in combination.
What are the four database features?Database systems are created to adhere to the ACID characteristics. The attributes of ACID include atomicity, consistency, isolation, and durability.MongoDB is almost one hundred times faster than Relational Database Management System and is suitable for storing hierarchical data (RDBMS).
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two years ago bonds were issued at par with 10 years until maturity and a 7% annual coupon. if interest rates for that grade of bond are currently 8.25%, what will be the market price of these bonds?
if interest rates for that grade of bond are currently 8.25%, the market price of the bonds is approximately $934.03.
To calculate the present value, we need to discount each cash flow by the appropriate discount rate, which in this case is the current interest rate for bonds of similar grade, or 8.25%.
We can use the following formula to calculate the present value of the bond:
PV = C × (1 - (1 + r)^-n) / r + F / (1 + r)^n
where:
PV = present value of the bond
C = annual coupon payment
r = discount rate (the current interest rate for bonds of similar grade)
n = number of periods (in this case, 10 years)
F = face value of the bond
lugging in the values we have:
PV = 70 × (1 - (1 + 0.0825)^-10) / 0.0825 + 1000 / (1 + 0.0825)^10
PV = 70 × 6.7844 + 1000 / 2.1589
PV = 470.9098 + 463.1181
PV = 934.0279
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differentiate between primary and secondary wants
Answer:
Difference between primary needs and secondary needs: Primary needs: The primary needs are the basic requirements according to biological demands like oxygen for breathing, water for overcoming thirst, food for living and shelter. The secondary needs are the needs that remain even after the primary needs are satisfied
in the sunday paper, jessie sees a flyer for a collector's edition nativity set that is available to purchase by filling out and mailing in a form or by calling a 1-800 number. this is an example of
This is an example of direct marketing, where the company is targeting potential customers through a specific channel, in this case, the Sunday paper.
By offering a collector's edition nativity set, the company is trying to appeal to a specific audience interested in collecting nativity sets. The options to fill out a form or call a 1-800 number provide customers with a choice on how they want to purchase the product.
Direct marketing is an effective way for companies to reach potential customers and generate sales, as it allows them to target a specific audience and provide a clear call-to-action to purchase the product.
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give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
target recently priced televisions below cost in order to attract customers, hoping to make a profit on other items the customer would buy while in the store. which pricing strategy did target use?
target recently priced televisions below cost in order to attract customers, hoping to make a profit on other items the customer would buy while in the store. Loss leader pricing strategy did target use.
What is pricing strategy?A pricing strategy is a plan or technique for choosing the most competitive price for a good or service. It assists you in setting pricing while taking customer and market demand into account in order to optimise profits and shareholder value. There are several steps involved in pricing; if only it were as straightforward as its concept.
Pricing is crucial because it establishes the value that your products hold for both you and your consumers. Customers may determine whether an item is worthwhile of their time and money by looking at the tangible pricing point.
So, loss leader pricing strategy did target use.
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Freda is a cash basis taxpayer. In 2019, she negotiated her salary for 2020. Her employer offered to pay her $21,000 per month in 2020 for a total of $252,000. Freda countered that she would accept $10,000 each month for the 12 months in 2020 and the remaining $132,000 in January 2021. The employer accepted Freda’s terms for 2020 and 2021. a. Did Freda actually or constructively receive $252,000 in 2020? b. What could explain Freda’s willingness to spread her salary over a longer period of time? c. In December 2020, after Freda had earned the right to collect the $132,000 in 2020, the employer offered $133,000 to Freda at that time, rather than $132,00
Answer:
A. N0
B. She may likely bargain for the payments that was reason been that she expects the payments to be in a lower marginal tax bracket in 2021
C. NO
Explanation:
a. No .Based on the information given the amount of $252,000 was NOT constructively received in the year 2020 reason been that She has the amount of $132,000 which is a deferred income amount that
is not constructively received in 2019 and the reason why the amount was not received was because been under the main contract terms she did not have the sole right to receive the income in the year 2020.
b. Freda's willingness to spread her salary over a longer period of time may be due to the fact that She may likely bargain for the payments reason been that she expects the payments to be in a lower marginal tax bracket in the year 2021
c. Based on the information given she is NOT in constructive receipt of the income in the year 2020.
the consulting resources of universities are made available to small business firms by a. score. b. management consultants. c. student consulting teams. d. business incubators.
The consulting resources of universities are made available to small business firms by student consulting team programs.
C. student consulting teams is the correct option.
A way of assisting religious institutions that is based on developmental learning frameworks is resource consulting. Its objective is to increase schools' ability by assisting them in problem-solving and resource utilization.
When a school announces its level of readiness to handle a problem, find a solution, or make future plans, resource consulting gets started. In contrast to many forms of traditional consulting, the resource consultant invites the school to focus on the issues that the school's leaders have recognized rather than the concerns that the resource consultant has found. A school assumes ownership and accountability for its own learning from the outset when using the Resource Consulting methodology. Therefore, it is necessary for institutional leaders to develop their own competence to employ resources to address their own problems.
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what is the correct journal entry to recognize profit for a long-term construction project for which revenue is recognized over time? multiple choice question. debit construction in progress and debit cost of construction; credit revenue from long-term contracts debit cost of construction; credit revenue from long-term contracts debit billings on construction contract; credit construction in progress debit billings on construction and debit accounts receivable; credit revenue from long-term contracts
The correct journal entry to recognize profit for a long-term construction project for which revenue is recognized over time is option (b) credit revenue from long-term contracts debit cost of construction
For long-term construction projects, revenue is recognized over time using the percentage-of-completion method. Under this method, revenue is recognized based on the percentage of completion of the project, which is determined by comparing the costs incurred to date to the total estimated costs of the project.
Therefore, to recognize profit for a long-term construction project, you need to credit revenue from long-term contracts (to recognize the revenue earned) and debit the cost of construction (to recognize the costs incurred).
Therefore, the correct option is (b) credit revenue from long-term contracts debit cost of construction
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which of the following is not a potential site activation function upgrading facilites acquiring real estate fault tree analysis building roads
The following are the five fundamental steps to performing a fault tree analysis: Determine the danger. Obtain knowledge of the system under analysis.
Fault Tree creation. FTA has restrictions as well. The model is one dimension only. FTA doesn't account for time or an analysis useful life, which could be problematic when developing a new product. A binary system is FTA. FTA is used in risk analysis as a method to detect single faults and common cause knowledge that lead to dangerous circumstances or failures and to offer an estimate of fault probabilities. Finding the worst case of failure is the first step in the procedure.
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"Off season vegetable production is a boon for small farmers". Justify this with suitable examples.
Answer:odd seasonal vegetable farming is really a boon for small farmers as with the help of technology we can grow off seasonal vegetables all the time in a year meaning we won't we unemployed and will have to do a work the whole year which means we get money the whole year and can fees our family and as of seasonal vegetables are actually more expensive than the seasonal vegetables small farmers can get a decent amount of profit by doing off seasonal farming as well ty
Explanation:
Odd seasonal vegetable farming is really a blessing for small farmers because with the aid of technology we can grow off seasonal vegetables all year long meaning we won't be jobless.
What is Odd seasonal vegetable?Achojocha, commonly known as caigua, is one of the rarest vegetables in the world. This is so because it doesn't grow in the wild on its own. The plant has only been cultivated for a very long time in the Andes. Botanically speaking, achojcha is a fruit, although it's mostly utilized as a vegetable.
Instead, the French survived on the tough root vegetables that were still in season, such rutabagas and Jerusalem artichokes. But after relying on them for more than ten years, many people who underwent restriction decided not to consume them once more, earning the root vegetables the moniker "forgotten veggies."
will have to work all year long which means we get money all year long and can support our family and as of seasonal vegetables are actually more expensive than the seasonal small farmers can get a decent amount of profit by doing off seasonal farming as well.
Thus, Odd seasonal vegetable farming is really a blessing for small farmers.
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Consider the basic frugal economy used in lecture where all you have is that C = cbar + cy and d = ibar The "paradox of thrift" applied to this economy implies that if suddenly cbar decreased O Y would increase. O equilibrium consumption would decrease. o equilibrium saving would increase. o equilibrium saving would decrease. O the average saving rate would decrease.
The "paradox of thrift" applied to the basic frugal economy, where C = cbar + cy and d = ibar, implies that if suddenly cbar decreased, equilibrium consumption would decrease, and equilibrium saving would increase.
In this economy, a decrease in cbar represents a reduction in autonomous consumption. The paradox of thrift suggests that when individuals try to save more by reducing their consumption, it can lead to a decrease in overall consumption in the economy. As a result, businesses experience lower demand for their products and services, which leads to reduced production and employment. This, in turn, negatively impacts income levels, further reducing consumption.
As consumption decreases, the economy's saving increases because people are setting aside more of their income. However, the paradox also implies that this increased saving doesn't necessarily lead to higher investment or economic growth.
In fact, it may contribute to an economic slowdown due to lower consumption, production, and employment. Thus, the paradox of thrift demonstrates the potential negative consequences of increased saving in the economy.
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Estimates of U.S. job gains and losses due to free trade agreements
A) show no change in jobs.
B) show clear gains in the number of jobs.
C) show clear losses in the number of jobs.
D) show mixed results, leading to no clear conclusion. to trade, and give specific examples of how imports may create jobs and exports may occur after a loss of jobs.
Estimates of U.S. job gains and losses due to free trade agreements generally show mixed results, leading to no clear conclusion. to trade, and give specific examples of how imports may create jobs and exports may occur after a loss of jobs.The correct answer is option d.
The impact of free trade agreements on employment is a complex issue with various factors at play.
While some studies suggest that free trade agreements can lead to job gains in certain industries, others indicate that there can be job losses in specific sectors. The overall effect on employment depends on factors such as the industries involved, the competitiveness of domestic industries, changes in global market dynamics, and government policies.
It's important to note that the overall impact of free trade agreements on employment is a complex and multifaceted issue, and the specific outcomes can vary depending on numerous factors. It is not accurate to make a blanket statement that free trade agreements always result in clear gains or losses in the number of jobs (options B and C).
The correct answer is option d.
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HELP ASAP Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company provides discipline for bad behavior like giving
employees days off.
B. The company recruits college graduates instead of high school
graduates.
C. The company better plans for the number of employees to hire.
D. The company tells employees that their work matters.
Answer:
D. The company tells employees that their work matters.
Explanation:
Every employer desires to attract and retain the best workers. Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.
Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.
Which type of power steering system relies on inputs to sense the steering
effort?
A) HPAS
B) EPAS
C) Both A and B
D) Neither A nor B
Back
50 of 61
Next
Submit All
!!!
Answer:
Hi
Explanation:
C is the correct answer
When using the _____ model, you provide a high-level description to the proposed to-be solution.
a. business-domain
b. process flow
c. data
When using the process flow model, you provide a high-level description to the proposed to-be solution.
a. business-domain
b. process flow
c. data
Here, correct answer will be
The process flow model is a type of model used to provide a high-level description of a proposed to-be solution. It provides a visual representation of a proposed solution that outlines the main steps or activities that must be completed in order for the solution to be successful.
The process flow model can be used to gain an understanding of how a proposed solution will interact with existing systems or components. It can also help to identify and address potential challenges, as well as identify opportunities for improvement.
By providing a high-level description of the to-be solution, the process flow model can help to ensure that all stakeholders are on the same page and that there is a shared understanding of the proposed solution.
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Why is money management important? How would you rate your own money management?
Answer:
because it has money
Explanation:
Answer:
Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.
Explanation:
National Electric Company (NEC) is considering a $22 million
expansion project. The project’s expected after-tax cash flows will
be $4 million, in perpetuity. The company can issue either equity
or
The company can issue either equity or debt to finance the expansion project.
Let's analyze the financial implications of issuing equity or debt for NEC.
Issuing Equity:
If NEC decides to issue equity, it means they will sell shares of their company to raise funds. Let's assume that the cost of equity for NEC is 10%. Since the cash flows from the project are expected to be $4 million in perpetuity, we can use the perpetuity formula to calculate the present value (PV) of these cash flows:
PV of perpetuity = Cash flow / Cost of equity
PV of perpetuity = $4 million / 10% = $40 million
Therefore, by issuing equity, NEC will need to sell shares worth $40 million to generate $22 million for the expansion project. This means NEC will retain ownership but dilute the ownership stake of existing shareholders.
Issuing Debt:
Alternatively, NEC can finance the expansion project by issuing debt, which means borrowing money. Let's assume the cost of debt for NEC is 8%. By using the cost of debt, we can calculate the present value (PV) of the cash flows:
PV of perpetuity = Cash flow / Cost of debt
PV of perpetuity = $4 million / 8% = $50 million
With debt financing, NEC will need to borrow $22 million to finance the expansion project, which will have a present value of $50 million in perpetuity.
Comparison:
Comparing the two options, issuing equity would raise $22 million but result in a present value of $40 million. On the other hand, issuing debt would raise the same $22 million but result in a present value of $50 million. Therefore, based on the present value of cash flows, issuing debt seems to be the more favorable option for NEC to finance the expansion project.
However, it's important to note that the decision between equity and debt financing depends on various factors, such as the company's financial position, risk tolerance, capital structure, and market conditions. NEC should consider these factors and consult with financial advisors to make an informed decision.
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In response to the greatest financial crisis since the Great Depression of the 1930s, the ______ administration proposed to overhaul regulation and increase oversight of the financial system.
Answer:
In response to the greatest financial crisis since the Great Depression of the 1930s, the Obama administration proposed to overhaul regulation and increase oversight of the financial system.
Explanation:
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Shirley Lach and Lynwood wiseman formed Man O’ war Limited Partnership
In 1986, Shirley Lach and her then husb-and, Lynwood Wise-man, formed Man O’War Limited Partner-ship for the purpose of leasing real property and devel-oping and operating shop-ping centers.
Robert Miller be-came a general partner along with Wiseman. Lach was one of 8 limited partners. The partners’ owner-ship percentages were Miller, 1%, Wiseman, 32%, Lach, 27%, Jonathan Miller, 9%, Harry B. Miller, 12%, Harvey Morgan, 1 percent, Penny Mill-er, 3 percent, Jeffery Mullens, 1%, Jennifer Miller, 9%, and Sophie Wiseman, 5%. Wiseman, Lach, and Robert Miller also form-ed M.O.W. Place, Ltd., to lease a shop-ping center from the joint venture. In 1988, Wise-man and Lach were divorced, but cont-inued in business together.
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Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.
Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.
I'm gonna take an educated guess and say that your answer is Paragraph #2.
which implication for action for savvy managers emerges from this case study? a. in international trade, the savvy manager's number-one job is to leverage comparative advantage of world-class locations. b. managers must be politically active to demonstrate, safeguard, and advance the gains from trade and pay attention to the pains from trade. c. managers must constantly monitor and nurture the current comparative advantage of a location and take advantage of new promising locations. d. savvy managers understand that successful exports are valuable, unique, and hard-to-imitate products generated by certain firms from a nation.
Savvy managers should prioritize leveraging comparative advantage, remain politically active, monitor and nurture current advantages, and focus on unique and valuable exports.
From this case study, several implications for action can be derived for savvy managers. Firstly, the savvy manager's number-one job in international trade is to leverage the comparative advantage of world-class locations.
This means identifying and capitalizing on the strengths and resources that a particular location offers, such as skilled labor, infrastructure, or access to key markets.
By understanding and utilizing these advantages, managers can maximize their competitiveness in the global marketplace.
Secondly, managers must be politically active and engage in activities that demonstrate, safeguard, and advance the gains from trade while addressing the potential pains.
This involves staying informed about trade policies, regulations, and agreements, and actively participating in advocacy efforts to protect and promote their organization's interests.
Furthermore, savvy managers must constantly monitor and nurture the current comparative advantage of a location, while also keeping an eye on new promising locations.
Economic conditions, market dynamics, and technological advancements can shift the comparative advantage of different regions over time. Managers need to adapt and seize opportunities in new locations that may offer better prospects for growth and profitability.
Lastly, savvy managers understand that successful exports are valuable, unique, and hard-to-imitate products generated by certain firms from a nation.
They focus on developing and promoting such products that differentiate themselves from competitors, creating a competitive edge in the international market.
In conclusion, savvy managers should prioritize leveraging comparative advantage, remain politically active, monitor and nurture current advantages, and focus on unique and valuable exports.
By adopting these strategies, managers can effectively navigate the complexities of international trade and drive success for their organizations.
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Which of the following are ethical guidelines that inform "how" ethical decisions should be made under the WPH Framework of ethical decision-making? 1. Public disclosure II. Golden Rule III. Cost-benefit IV. Universalization I, III (1,11, III) II, IV II. III, IV 1. 11, IV
The WPH Framework of ethical decision-making is based on four ethical guidelines that inform "how" ethical decisions should be made. They are: Public disclosure Golden Rule Cost-benefit Universalization Explanation:
The correct answer is II, IV. The four ethical guidelines under the WPH Framework of ethical decision-making are:
1. Public disclosure.
2. Golden Rule.
3. Cost-benefit.
4. Universalization The Golden Rule, which is the idea of treating others as you would like to be treated, and Universalization.
Which means that if an action is not right for everyone to take, it is not right for anyone to take, are the two guidelines that are most closely associated with ethical decision-making.
Therefore, the answer is II, IV.
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Under a program called the Emissions Trading Scheme, the governments of European Union member nations establish overall targets for greenhouse gas emissions and issue __________, or permits, authorizing companies to emit certain amounts. In theory, an increase in the market clearing price of __________ should induce firms to develop methods of __________ their emissions of greenhouse gases.
Answer:
allowances; allowances; reducing.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.
Additionally, a free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, ABC company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.
Furthermore, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.
Hence, a government could issue allowances or permits to companies, thereby, giving them the permission and authority to emit certain amounts of pollutants. In theory, an increase in the market clearing price of allowances should stimulate the business firms to develop effective and efficient methods of mitigating their emissions of greenhouse gases (pollutants) such as methane, water vapor, carbon dioxide, etc.
Which are types of income tax that people pay? Check all that apply.
federal
local
Oprogressive
state
sales
flat
Answer:
federal
local
state
sales
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The types of income tax that people pay are
federal
local
state
sales
What is taxes?The term tax refers to that, compulsory financial charges are there which are to be paid by the taxpayers to the government for every department different taxes are liable to the taxpayers to the government there are many other taxes are bee there like road tax, etc.
According to the citizens are the taxpayers, there are different types of taxpayers have been there are like state tax, local tax, sales tax, and the different types of taxes have been there in it by paying the taxes the government runs.
Therefore, these are the types have been their taxes that have been paid to the government.
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Your new health insurance has a $4000 deductible. What does that mean?