COCO SOLUTIONS ACADEMIC STORE

GDP def - Answer Gross Domestic Product-market value of final goods and services produced within a country in a given time period (4 part def) Final good/service and intermediate good/serviced - Answer final-item that is bought by its final user during a specified time period intermediate- item produced by one firm, bought by another firm, and then used as component of final good or service. We don't add the intermediate value because it would be double counting! Income v. Expe...

Discouraged workers are classified by the BLS as A) out of the labor force. B) unemployed. C) part of the labor force. D) employed. E) More than one of the above is correct - Answer A 2) If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment rate is 4%, how many workers are in the labor force? A) 20 million B) 1 million C) 481 million D) 475 million E) None of the above - Answer D If the number of...

scarcity - Answer limited amounts of a good or service calling for a decision of distribution opportunity cost - Answer cost of not doing option 1 and instead doing option 2 correlation - Answer movement of variables together that aren't the result of one inherently causing the other causation - Answer when one variable changes and causes the other to change positive statement - Answer statement of fact that is verifiable normative statement - Answer a stateme...

Temporary supply shocks: a) would affect the short run equilibrium b) shift the aggregate supply curve in the short run c) are significant events that directly affect production d) All of these are true - Answer D An increase in overall price level: a) generally have no effect on spending b) result in people reducing their consumption c) increase people's dollar-denominated wealth d) result in people increasing their consumption - Answer B If the government were to decrea...

GDP Equation - Answer Y=C+I+G+NX Consumption - Answer C Investment - Answer I Government Purchases - Answer G Net Exports - Answer NX Net Export Equation - Answer NX=Exports-Imports GDP Deflator - Answer 100*(nominal GDP/real GDP) Consumer Price Index (CPI) - Answer 100*(Cost of basket in current year/cost of basket in base year) Inflation Rate - Answer (CPI this year-CPI last year)/CPI last year)*100% Amount in Today's Dollars - Answer ...

household survey - Answer u.s. bureau of census. current population survey of 60,000 employment status of everyone 16 year or older establishment survey (payroll survey) - Answer burea of labor statistics. samples about 300,000 business establishments persons employed on a company payroll to be counted unemployed - Answer dont have a job, available for work actively looked for work in the past week 4e25rwhat would be classified as employed unemployed or not in labor force - Ans...

Supply Curve - Answer A curve that shows the relationship between the price of a product and the quantity of the product supplied. Positive sloping. Six things that shift supply curve: - Answer 1. Change in resources 2. change in technology 3. changes in taxes and subsidies 4. change in prices of other goods 5. change in producer expectation 6. change in number of suppliers Consumer Surplus - Answer the difference between the total amount that consumers are willing and able ...

no - Answer can you have a higher heart rate than your heart rate max increase - Answer if trained stroke volume will do what during rest and at max deeper and less frequent - Answer at rest ventilation is left ventricular hypertrophy - Answer is also known as athlete's heart ventricle wall gets thicker and ventricular chambers get bigger ventricular wall is much thicker - Answer if doing intense strength training like powerlifting ventricular volume doesn't change but ...

Explain the functions of the nervous system - Answer -Memory and Learning -Maintains Homeostasis -Monitors internal and external environment through sensory receptors -Integrates the information received -Initiates and coordinates a response Three properties of neurons - Answer 1. Excitability 2. Conductivity 3. Myelination Explain how excitable tissues maintain a negative resting membrane potential. - Answer -Increased concentration of cations outside the cell relative to the ins...

3 Macronutrients - Answer Carbohydrates Lipids Protein Calorie - Answer amount of energy required to raise 1 gram of water by 1 degree How many calories are in 1 kcal - Answer 1000 calories Direct calorimetry - Answer direct measurement of heat release from food Bomb Calorimeter - Answer measures the amount of calories in food The bomb calorimeter is surrounded by _____? - Answer water Indirect calorimetry - Answer measures oxygen utilization that relates to heat produ...

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Major Principles of Training: Overload Principle - Answer A system does not improve until it is forced to perform above and beyond the normal/usual daily demands. Overload can be accomplished by... - Answer increasing intensity, frequency, or duration either alone or in combinations Frequency Overload - Answer The more days you exercise per week, the greater the change in VO2 max. It does level off eventually (there is a limit to what you can reach) Duration Overload - Answer The lo...

Other Names for The Lactate Threshold - Answer Aerobic threshold, Lactate breakpoint, onset of blood lactate accumulation (OBLA), maximal steady rate What is the lactate threshold? - Answer -an index of the contribution of aerobic and anaerobic energy systems to energy expenditure -Most athletes train at or slightly above the lactate threshold (varies markedly by sport) -The best physiological indicator of aerobic athletic performance Why is the blood lactate threshold important? - Ans...

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information asymmetry - Answer situation in which one party is more informed than another because of the possession of private information What are we trying to predict through the accounting process? - Answer Future potential company value for investors and creditors. What information allows us to make good predictions? - Answer Financial statements-Net Income, Earnings Per Share, Statement of Cash Flows etc. What are the three benefits of accounting information? - Answer Improved ...

3 major parts of a companies accounting system - Answer Cost Accounting System Financial Accounting System Managerial Accounting System Cost Accounting - Answer collects, measures, and analyzes cost information; provides reports of cost information Financial Accounting - Answer reporting financial information to external parties such as investors, government agencies, banks, and suppliers based on Generally Accepted Accounting Principles (GAAP). Managerial Accounting - Answer the ...

Which of the following statements is true of budgets? - Answer Master budgets express management's operating and financial plans. The practice of developing reasonably challenging budgets tends to help: - Answer motivate improved performance as employees work more intensely to avoid failure A limitation of using past performance as a basis for judging actual results is that _______ - Answer future conditions can be different from past conditions Responsibility accounting ________....

Income tax expense is based on: a) pretax income b) taxable income c) income from continuing operations d) operating income - Answer a) pretax income Deferred tax expense is the: a) decrease in a deferred tax liability. b) increase in a deferred tax liability. c) amount of income taxes payable for the period. d) increase in a deferred tax asset. - Answer b) increase in a deferred tax liability. A deferred tax liability represents the: a) increase in taxes payable in future years...

performance gap - Answer gap between an actual result and a benchmark/budget result variance - Answer difference between an actual result and a budgeted result (aka: "standard" or "expected performance" ineffective operation - Answer did not attain the goal of the operational unit inefficient operation - Answer the wasting of resources/inputs/capacity by the operational unit balanced scorecard - Answer listing of nonfinancial performance measures most companies util...

Revenue Principle - Answer require that revenues be recorded when earned FOB Shipping Point - Answer title changes hands at shipment, revenue recognized at the time of shipment FOB Destination - Answer title changes hands on delivery, revenue recognized at delivery Revenue increases on the ______ side - Answer Credit Credit cards sales increases on the ________ side - Answer Debit Sales discounts increase on the ______ side - Answer Debit Sales Return increases on the ___...