A company purchases a piece of equipment for $50,000. The company
estimates a useful life of 10 years and a salvage value of $5,000. Using
straight-line depreciation, what is the depreciation expense each year?
A. $5,000
B. $4,500
C. $5,500
D. $4,000

Answers

Answer 1
Yes you’re answer is B: $4,500
Answer 2

Using straight-line depreciation, the depreciation expense each year is $4,500. Hence the correct answer is option B.

To calculate the depreciation expense each year using straight-line depreciation, we need to subtract the salvage value from the initial cost and divide it by the useful life of the equipment.

Depreciation Expense = (Initial Cost - Salvage Value) / Useful Life

In this case, the initial cost is $50,000, the salvage value is $5,000, and the useful life is 10 years.

Depreciation Expense = ($50,000 - $5,000) / 10

Depreciation Expense = $45,000 / 10

Depreciation Expense = $4,500

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Related Questions

the industry standard supported by all major dbms that allows tables to be joined together is called

Answers

SQL (Structured Query Language) is the industry standard supported by all major database management systems (DBMS) that allows tables to be joined together.

What is meant by Structured Query Language?Some key points about SQL include:It is a programming language used to manage and manipulate data stored in relational databases.It allows you to insert, update, and delete data in a database, as well as retrieve data from it.The main use of SQL is to perform operations on database tables, such as selecting data from them, joining tables together, and aggregating data.SQL supports various data types, including numbers, strings, and dates, and provides built-in functions for performing operations on data, such as mathematical operations and string manipulation.It is widely used by businesses, organizations, and individuals for data management and analysis.SQL is supported by all major relational database management systems, including Oracle, Microsoft SQL Server, MySQL, and PostgreSQL.There are various versions and implementations of SQL, each with its own unique features and capabilities.

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ulie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. what amount of child and dependent care credit can julie claim in 2022 in each of the following alternative scenarios? use exhibit 8-10 required: julie paid $2,280 to the day care center, and her agi is $52,800 (all salary). julie paid $5,700 to the day care center, and her agi is $52,800 (all salary). julie paid $5,400 to the day care center, and her agi is $23,600 (all salary). julie paid $2,300 to the day care center, and her agi is $14,200 (all salary). julie paid $5,400 to the day care center, and her agi is $14,000 ($3,400 salary and $10,600 unearned income).

Answers

The computation of In each of the following alternative situations, Julie will demand the amount of child and dependent care credit is shown below:-

According to the 1st situation:

Particulars                                                Amount

a. Expenditure of dependent care         $2,280

b. Qualifying expenses for one

dependent on limit                                 $3,000

c. Earned income of Julie                      $52,800

d. Expenses eligible for credit               $3,000 (which is least of a, b, and c)

e. Percentage rate on credit                  25% (AGI over $43,000)

f. Child and dependent care credit        $750 (3,000 × 25%)

According to the 2nd situation:

Particulars                                                Amount

a. Expenditure of dependent care         $5,700

b. Qualifying expenses for one

dependent on limit                                 $3,000

c. Earned income of Julie                      $52,800

d. Expenses eligible for credit               $3,000 (which is least of a, b & c)

e. Percentage rate on credit                  25% (AGI over $43,000)

f. Child and dependent care credit        $750 (3,000 × 25%)

According to the 3rd situation

Particulars                                                Amount

a. Expenditure of dependent care         $5,400

b. Qualifying expenses for one

dependent on limit                                 $3,000

c. Earned income of Julie                      $23,600

d. Expenses eligible for credit               $3,000 (which is least of a, b, c)

e. Percentage rate on credit                 20% (AGI below $25,000)

f. Child and dependent care credit        $600 (3,000 × 20%)

According to the 4th situation

Particulars                                                Amount

a. Expenditure of dependent care         $2,300

b. Qualifying expenses for one

dependent on limit                                 $3,000

c. Earned income of Julie                      $14,200

d. Expenses eligible for credit               $2,000 (which is least of a,b,c)

e. Percentage rate on credit                  25% (AGI below $15,000)

f. Child and dependent care credit        $500 (2,000 × 25%)

According to the 5th situation

Particulars                                                Amount

a. Expenditure of dependent care         $5,400

b. Qualifying expenses for one

dependent on limit                                 $3,000

c. Earned income of Julie                      $14,000

d. Expenses eligible for credit               $2,000 (which is least of a,b,c)

e. Percentage rate on credit                  25% (AGI below $15,000)

f. Child and dependent care credit        $500 (2,000 × 25%)

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what is u.s. gross domestic product? question content area bottom part 1 u.s. gross domestic product is the market value of all the _______ produced _______ in a given time period.

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U.S. gross domestic product (G.D.P) is the market value of all the final goods and services produced by all firms located in the United States in a given time period.

What does GDP mean?

The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). Consequently, it also accounts for the revenue generated by that manufacturing, or the total amount spent on finished goods and services (less imports).

What exactly does US GDP mean?

The gross domestic product measures the value of the products and services generated in the US. Americans can use the percentage change in GDP from one period to the next to determine how well their economy is performing.

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"Immigrant workers are willing to perform Jobs US workers are not willing to perform," is an example of what type of hypothesis? Multiple Choice Relational hypothesis Descriptive hypothesis
Correlationallypothesis Causal hypothesis

Answers

A correlational hypothesis is a statement that proposes a relationship between two variables. In this example, the hypothesis proposes a relationship between immigrant workers and jobs that US workers are unwilling to do.

Correlational hypotheses are used to test the relationship between two variables. They are used to determine whether any changes in one variable cause changes in another variable. Correlational hypotheses are often used to uncover patterns in data and also to identify trends that are not easily observed. By testing a correlational hypothesis, researchers can examine whether there is a relationship between two variables and, if so, how the variables are related.

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What does disruptive selection produce?

Answers

Disruptive selection is an evolutionary force that drives a population apart. The disruptive selection will cause organsisms with intermediate traits to reproduce less, and will allow those organisms with extreme traits to reproduce more. This causes the alleles for the extreme traits to increase in frequency.

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you are currently involved in controlling procurements on a mission critical project for your organization. a seller has been contracted to provide a high load winch system. the winch that was to be supplied was rated at 1,000 pounds, but it is currently unavailable and will be replaced with the 1,200-pound model. this will result in a change to the contact. which action will best resolve this change? answers a. initiating claims administration b. performing inspections and audits c. implementing an integrated change control system d. using the contract change control system

Answers

Using the contract change control system  will best resolve controlling procurements on a mission critical project for your organization.

What is contract change control system?

All modifications to the project management contract are gathered, tracked, and communicated using the contract change control system. Contracts typically include clauses that allow for revisions or the inclusion of new things.

What different types of change management exist?

The three types of guided change management are developmental, transitional, and transformative. Different types of change necessitate different strategies and approaches in order to raise engagement, reduce opposition, and promote acceptance.

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michael and angelo live in florence, italy. they both work as artists. each day michael can produce 10 sculptures or 5 paintings. angelo in one day can produce 6 sculptures or 2 paintings. based on the above information michael's opportunity cost to produce 1 painting is sculptures. michael and angelo live in florence, italy. they both work as artists. each day michael can produce 10 sculptures or 5 paintings. angelo in one day can produce 6 sculptures or 2 paintings. based on the above information michael's opportunity cost to produce 1 painting is sculptures. type your answer...

Answers

Producing 1 painting would cost Michael the opportunity cost of 2 sculptures. This means he would lose his earnings from two sculptures when he choses to make one painting.

Michael can create 10 sculptures or 5 paintings in a single day, as explained. Therefore, he loses two sculptures for every painting he creates. Michael would have to make two sculptures instead of one painting as a result. A sculpture is a three-dimensional structure created by shaping stone or by casting metal or plaster.

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encompasses all of the data contained within a single business process or unit of work, and its primary purpose is to support daily operational tasks

Answers

Transactional information encompasses all of the data contained within a single business process or unit of work, and its primary purpose is to support daily operational tasks.

Information that is gathered from transactions is referred to as transactional information. It keeps track of the date and location of the transaction, the time it took place, the price ranges of the goods purchased, the mode of payment used, any discounts applied, and other quantities and characteristics related to the transaction.

Row-store databases, which are what transactional databases are, store data on disc as rows rather than columns. When you need to see every detail about a single customer in the user table, row-stores are fantastic.

Although they are designed similarly, transactional and analytical queries are used for distinct things. While analytical queries are used to offer the data required to support business decisions, transactional activities assist the day-to-day operations of an organisation.

The complete question is:

What encompasses all of the information contained within a single business process or unit of work and its primary purpose is to support the performance of daily operational tasks?

a) Transactional information

b) Analytical Information

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brooke, a single taxpayer, works for company a for all of 2022, earning a salary of $74,000. note: round your intermediate and final answers to the nearest whole dollar amount. required: what is her fica tax obligation for the year? assume brooke works for company a for half of 2022, earning $74,000 in salary, and she works for company b for the second half of 2022, earning $124,000 in salary. what is brooke's fica tax obligation for the year?

Answers

Brooke's FICA tax obligation for the year is $11,985.

FICA tax means social security withholding added with medicare withholdings.

In 2022, the maximum taxable amount is up to $147,000 of income. So up to $147,000, an employee is responsible for 6.2% of social security taxes and 1.45% for Medicare taxes.

Social security withholdings = $198,000 * 6.2%

                                               = $12,276

Medicare withholdings = $198,000 * 1.45%

                                      = $2,871

The maximum social security tax is capped at ($147,000 * 6.2%) = $9,114.

Therefore,

               FICA tax = $9,114 + $2,871

                              = $11,985

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what question should be asked to help identify a community committee's stakeholders? (select all that apply.)

Answers

The following questions can help identify a community committee's stakeholders:

B: Who can assist in providing resources needed for proposed changes?

C: Who has the greatest amount to lose by the proposed change?

D: Who is most affected by the issue being considered?

By asking these questions, the community committee can identify key stakeholders and ensure that their needs and perspectives are taken into account when making decisions and taking action. This can help to increase the legitimacy and effectiveness of the committee's efforts and ultimately benefit the community as a whole.

"

Complete question

what question should be asked to help identify a community committee's stakeholders? (select all that apply.)

a) Who can best successfully affect public opinion regarding proposed changes?

b) Who can assist in providing resources needed for proposed changes?

c) Who has the greatest amount to lose by the proposed change?

d) Who is most affected by the issue being considered?

e) Who has been a long-term member of the community?

"

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price discrimination leads to a ____ price in the market with a ___ demand

Answers

Price discrimination leads to a lower price in the market with a more elastic. demand

What is price discrimination and its degree?

Price discrimination is a pricing tactic used by businesses and sellers to compete. Price discrimination occurs when different prices are charged to different clients for the same product or service. It is typically employed by larger, more established enterprises to profit on variances in consumer supply and demand. Price discrimination is a sales tactic in which the same product or service is sold at different prices to different clients. Selling a product at the precise price that each consumer is willing to pay is an example of first-degree price discrimination. Second-degree price discrimination targets certain groups of customers with reduced pricing made achievable by bulk purchasing. Third-degree price discrimination varies rates based on the demographics of a client group.

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What do managers do?

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A manager is responsible for the basic function of an organization: planning, organizing, staffing, leading, and controlling.

A Manager supervises team members in a specific department to ensure that it is operating efficiently. They are primarily responsible for hiring and training staff, developing and implementing corporate strategy, and distributing tasks to team members.

At its most basic, a manager should conducts five general functions: planning, organizing, staffing, leading, and controlling.

Managers participate in operational planning and budget planning procedures, actively determining what should be done, in what sequence it should be done, and what resources are needed to achieve the plan's goals. Remember that this is not a personality competition. What is vital and what may not be as important is determined by the strategic plan and its unique objectives.

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What Are the Federal Tax Brackets for 2022?

Answers

The answer is, there are seven tax brackets for most ordinary income for the 2022 tax year: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.

What exactly do you mean by tax?

A tax is a mandatory fee or financial charge that any government imposes on a person or a business in order to raise money for public projects that fund the greatest services and infrastructure.

Why do we pay taxes?

Taxes give the federal, state, and local governments the money they need to pay for basic services that all residents rely on but are unable to adequately supply for themselves, such as defense, roads, police, and the justice system.

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the slope of the cal is multiple choice question. total return divided by variance. excess return divided by variance. excess return divided by standard deviation. total return divided by standard deviation.

Answers

The slope of the capital market line (CML) is typically expressed as the excess return divided by the standard deviation.

The CML is a graphical representation of the relationship between risk and expected return for a well-diversified portfolio. The slope of the CML represents the trade-off between risk and return for an investment. The excess return, also known as the risk premium, is the difference between the expected return on an investment and the risk-free rate of return. The standard deviation is a measure of the volatility or risk of an investment. By dividing the excess return by the standard deviation, we get the slope of the CML, which is a measure of the risk-return trade-off for an investment.

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How is uniform-cost search different from BFS?

Answers

Uniform cost search is a type of search algorithm that is similar to Breadth-First Search (BFS). The main difference between uniform cost search and BFS is that uniform cost search uses a cost function to determine its path.

This price function is used to assign a price to each action, and the algorithm then selects the action with the lowest price. This means that the algorithm chooses the path that has the lowest total cost of all the actions taken. BFS, on the other hand, simply expands the nodes in the graph in width without considering the cost. As a result, uniform cost search can be used to find optimal solutions, while BFS may not be able to.

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MPI Incorporated has $9 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 6%. What is MPI's times-interest-earned (TIE) ratio? Do not round intermediate calculations. Round your answer to two decimal places

Answers

MPI Incorporated manufactures industrial machinery and gear. The Company offers automation, wax, ceramic, and gems injection gear, as well as spare parts. MPI gives framework process control, maintenance, and backing services. MPI serves customers around the world.

= BEP ratio=EBIT/Total assets

= EBIT=(9*13%)=$1.17 billion

= ROA=Net income

MPI is headquartered in Poughkeepsie, NY, and is pleased to be able to stamp all of their gear with the "Gladly Made in America" moniker. Inside its great facility, there exists a completely functioning laboratory, display area and production facility to demonstrate our state-of-the-art wax room gear. We also boast a full training place to give ongoing training classes to handle engineers, machine operators and maintenance staff, available to our whole global customer base.

MPI also offers noteworthy pattern injection and pattern assembly capabilities. Pattern production is mutually beneficial because it allows the customer an opportunity to reap the benefits of the interaction without the initial obligation to purchase. It also allows MPI to clearly see opportunities for enhanced gear plan.

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Which of the following are delivered after the completion of planning phase?
A.) Code, documentation, training procedures, and support capabilities
B.) Functional, detailed specifications of all system elements
C.) Description of all functional features of the proposed system
D.) Description of current system and where problems and opportunities are with a general recommendation on how to fix, enhance, or replace current system

Answers

A description of the current system and where problems and opportunities are with a general recommendation on how to fix, enhance, or replace the current system is delivered after the completion of the planning phase. So, option D is correct.

During the planning phase, the project manager works with the team to create the technical design, task list, resource plan, communications plan, budget, and preliminary timeline for the project. The project manager also defines the stakeholder group's and project team's roles and duties. Continuous iterative project planning is possible throughout the entire undertaking.

For jobs that are due within the next two months, it might not be important to plan as carefully as it might be for tasks that are due in more than two to three months. However, these plans should be reviewed and adjusted each month until the project is complete. The project's size, complexity, and level of risk will all have an impact on how often iterative planning is done.

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which of the following groups would not benefit from a u.s. import quota on japanese autos? a. u.s. consumers who buy electronics from japan b. members of the united auto workers union c. stockholders of ford motor company d. u.s. farmers who export grain

Answers

A US import quota on Japanese cars would not be advantageous to the following groups: American farmers who export grain.

Why buy a Japanese car?

The automotive industry in Japan is one of the biggest and most well-known in the world. Japan has overcome Germany to place among the top three auto-producing countries since the 1960s.

Which car brand is well-known in Japan?

Toyota is the most well-known brand among the top automakers in Japan, and it routinely takes the top rank. Toyota has been one of the best-selling automakers, selling a sizable number of vehicles across the globe.

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how should biopharma have used its production network in 2013? should any of the plants have been idled? what is the annual cost of your proposal, including import duties?

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Biopharma refers to the branch of pharmaceutical industry that deals with the development, production and marketing of biological products such as vaccines, antibiotics, hormones and other biologic substances used for medical treatment. Biopharmaceutical companies usually have a complex production network with multiple manufacturing sites. In 2013, it was crucial for biopharma companies to make strategic decisions regarding their production network to ensure efficient use of resources, maintain high quality standards and meet market demands.

In 2013, biopharma companies should have used their production network by optimizing the utilization of their manufacturing facilities. This would have involved a careful assessment of the capacities and capabilities of each plant and determining which ones should have been idled based on market demand and production capacity. Idling a plant would have meant temporarily halting production in that facility. This step would have been taken to avoid overproduction and minimize costs.

In addition to idling plants, biopharma companies should have also considered implementing operational and cost-saving measures such as process improvements, energy efficiency measures, and waste reduction programs. This would have helped in reducing the annual cost of production and improve the bottom line.

It is difficult to determine the exact annual cost of such a proposal as it would have varied for each biopharma company and would have depended on several factors such as the size of the company, the number of plants, production capacity, and market demand. The cost would have included not just the expenses related to idling a plant but also the cost of operational and cost-saving measures implemented. Import duties would have also been a factor that would have added to the cost.

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an increase in the price of sugar (an ingredient for soft drinks) and an increased concern about tooth decay caused by the consumption of soft drinks will result in which of the following in the soft drink market? a. equilibrium quantity will increase, but equilibrium price may decrease, increase, or stay the same. b. both the equilibrium price and quantity will increase. c. equilibrium quantity will decrease, but equilibrium price may decrease, increase, or stay the same. d. both equilibrium price and equilibrium quantity will decrease.

Answers

Both the equilibrium price and the equilibrium quantity will decrease.

Why do equilibrium price and quantity decrease in the said scenario?

The increase in the price of sugar and the increased concern about tooth decay will likely lead to a decrease in demand for soft drinks. As demand decreases, the market moves towards a new lower equilibrium price and quantity. This is due to the law of demand, which states that as the price of a good increases, the quantity demanded of that good will decrease, ceteris paribus (all other things being equal). Additionally, the negative health effects associated with the consumption of soft drinks may also cause a decrease in demand, further pushing down both the equilibrium price and quantity.

Hence, the answer is, d. Both the equilibrium price and the equilibrium quantity will decrease.

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the pragmatic model states that acts are repeated because they result in payoffs. group of answer choices true false

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The statement "the pragmatic model states that acts are repeated because they result in payoffs" is true.

The pragmatic model is a psychological theory that states that behavior is motivated by the consequences or payoffs that follow the behavior. According to the model, when a behavior is followed by a positive consequence or payoff, such as a reward or reinforcement, it is more likely to be repeated in the future. Conversely, when a behavior is followed by a negative consequence or lack of payoff, it is less likely to be repeated in the future.

This theory is based on the idea of operant conditioning, which states that behavior can be strengthened or weakened by the consequences that follow it. The pragmatic model suggests that individuals will repeat behaviors that lead to positive outcomes and avoid behaviors that lead to negative outcomes, in order to increase their chances of success and maximize rewards.

The pragmatic model has been widely applied in fields such as education, organizational behavior, and therapy, and is used to help individuals and organizations understand and modify behavior by manipulating the consequences that follow specific actions.

In conclusion, the statement "the pragmatic model states that acts are repeated because they result in payoffs" is true. This psychological theory states that behavior is motivated by the consequences or payoffs that follow the behavior, and that individuals will repeat behaviors that lead to positive outcomes and avoid behaviors that lead to negative outcomes.

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Which kids tv show featured international rescue, an organisation run by the tracy family?

Answers

Thunderbirds featured international rescue, an organisation run by the tracy family.

Thunderbirds is a British sci fi television series developed by Gerry and Sylvia Anderson, produced by AP Films and distributed by ITC Amusement. It was created between 1964 and 1966 using an electronic marionette puppetry technique called "Supermarionation" in conjunction with magnitude model special effects action scenes.

Production ended with the finalisation of the seventh episode of the season 2 after Lew Degree, the Andersons' funder, failed in his contract offer to sell the development program to American network tv. Thunderbirds, set in the 2060s, is a sequel to the earlier Supermarionation films Four Tassel Falls, Supercar, Fireball XL5, and Stingray.

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when doing business in china, it is important to show all except

Answers

When doing business in China, it is important to show respect for local customs, traditions, and social norms.

However, there are certain behaviors or actions that should be avoided to prevent offending or alienating potential business partners.

One behavior that should be avoided when doing business in China is showing aggression or impatience. This is because the Chinese place a high value on maintaining harmonious relationships and avoiding conflict.

Being aggressive or impatient can be perceived as a sign of disrespect and can harm the prospects of forming a positive business relationship.

It's also important to avoid discussing sensitive political or cultural topics, as these can be divisive and could damage the relationship. Additionally, avoiding public displays of affection, as well as avoiding direct criticism of others, are important considerations in order to show respect for local norms and customs.

In conclusion, when doing business in China, it is important to show respect for local customs and norms, and to avoid behaviors that could offend or alienate potential business partners.

By demonstrating sensitivity and cultural awareness, businesses can increase their chances of success in the Chinese market.

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which of the following are possible effects on the accounting equation when recording a transaction that increases an asset by $100? multiple select question. a decrease in another asset by $100 a stockholders' equity account decreases by $100 a liability account decreases by $100 a stockholders' equity account increases by $100 a liability account increases by $100

Answers

Option 1,4 are correct. An asset reduces by $100, a liability account grows by $100, or a stockholders equity account increases by $100.

In the accounting equation of a single business transaction, the direct consequences of an increase or enhancement in a liability and a concurrent fall or decline in an asset are not likely outcomes. A transaction that reduces the assets and increases either liabilities or equity is an asset usage transaction.

Equity and assets declined in this asset usage transaction. Equity among stockholders rises due to revenue. This results in an equal rise on both the left and right sides of the accounting equation, maintaining its balance. If you receive cash for a $100 transaction, for instance, assets and stockholders' equity both rise by $100.

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Correct Question:

which of the following are possible effects on the accounting equation when recording a transaction that increases an asset by $100? multiple select question.

1.  decrease in another asset by $100 a stockholders' equity account

2. decreases by $100 a liability account

3. decreases by $100 a stockholders' equity account

4. increases by $100 a liability account increases by $100

applying age as a basis to identify customers is unethical, as it involves stereotyping. True or False

Answers

True. Using age as a basis for identifying customers can lead to assumptions and stereotypes, and can therefore be seen as unethical. Age should never be the only factor in determining how to interact with or treat customers. It is important to treat all customers with dignity, respect, and without discrimination, regardless of their age.

Customers are people who buy goods or services from a business. Customers play a critical role in business success as they provide the revenue that sustains and grows the company. Businesses aim to attract, retain and satisfy their customers by providing quality products and services, and a positive customer experience.

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evaluate allen’s business buyer-seller relationship with bayfield. did allen, and thus lawford, have a good buyer-seller relationship with bayfield? why or why not (20 points)?

Answers

A good business buyer-seller relationship is characterized by mutual trust, transparency, and effective communication. This type of relationship is beneficial for both the buyer and the seller as it helps to ensure that the transaction is completed smoothly, efficiently, and with the best outcome for both parties.

To evaluate Allen's business buyer-seller relationship with Bayfield, one could consider factors such as the quality of communication between the two parties, the fairness of the transactions, the level of trust that has been established, and the ability of the parties to resolve any disputes in a timely and effective manner.

If Allen, and thus Lawford, had a good buyer-seller relationship with Bayfield, it would likely result in a positive reputation for Allen, increased business opportunities, and improved financial outcomes for both parties. On the other hand, if Allen's business buyer-seller relationship with Bayfield was not good, it could result in a negative reputation for Allen, decreased business opportunities, and potentially negative financial outcomes.

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how amazon revolutionizing supply chain management case study

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Amazon revolutionized supply chain management by introducing a new and more efficient way of managing the flow of goods, from the manufacturer to the customer.

They leveraged technology, such as their proprietary fulfillment network, to optimize delivery times and reduce costs. Amazon also implemented a just-in-time inventory system, reducing the need for physical storage space and freeing up capital.

Additionally, Amazon provides real-time data and analytics to suppliers and manufacturers, allowing them to make more informed decisions and improve their supply chain processes.

These innovative supply chain management strategies have helped Amazon to establish itself as a leader in e-commerce and have set a new standard for businesses across industries.

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a​ 50-cent-per-pack tax on cigarettes will reduce smoking by teenagers by 12 percent. this represents

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Correct preference is exquisite analysis. Positive monetary evaluation refers to the comparison in which we study what is or how an economic hassle is solved by means of the usage of analysing quite a number superb statements and mechanisms. These are factual statements and describe what was, what is and what would be.

What are the examples of positive analysis in economics?

A wonderful economics instance is a statement, “Government-funded healthcare surges public expenditures.” This announcement is primarily based completely on data and has a big charge judgment worried in it. Therefore, its credibility can be examined or dis-proven by means of a research about of the government's involvement in healthcare.

What is advantageous contrast specifically based on?

Positive analysis, accordingly, uses scientific thoughts to arrive at objective, testable conclusions.

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Which type of survey provides the greatest flexibility for asking probing?

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Online survey are one of the best surveying methods. They are easy to adapt for a particular target and can be used by anyone for almost anything.

Likert scales, which were created by American social scientist Rensis Likert and are named after him, are among the most reliable tools for evaluating opinions, perceptions, and behavior's.

EDMs provide surveyors with much more accuracy than metal measurement tapes. Numerous surveys, including detail surveys and a control survey, use this technology. Surveyors measure the horizontal separation between two control points using an EDM device. When the device is in use, the energy is received by a different surveyor who is holding a reflector.

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How does GDP and GNP affect the economy?

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Both measure the worth of a country's financial movement. The principal contrast is that Gross domestic product estimates efficiency inside a country's geological limits and GNP records financial movement by that nation's residents and organizations, paying little mind to area.

Both measure the worth of a country's financial movement. The principal contrast is that Gross domestic product estimates efficiency inside a country's geological limits and GNP records financial movement by that nation's residents and organizations, paying little mind to area.

The gross public item represents its resident's creations both inside and outside its boundaries. Conversely, total national output estimates the creation of labor and products made inside a nation's lines by the two residents and unfamiliar occupants generally speaking.

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