tertitri1925

tertitri1925

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Adventist University of the Philippines

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1. The total production of goods and services in a society is:

a. equal to that society's income since all production simultaneously generates income when the production is sold.

b. Less than total income

c. greater than total income

d. called the income method for calculating gdp

2. When calculating the GDP, the work of housewives is:

A. counted because their work is a service, and services are counted in the GDP.

B. not counted because their work is a service, and services are not counted in GDP. Only manufactured goods get counted.

C. is not counted due to bias against women in the economics profession.

D. not counted since their output is not measured in a market transaction.

3. When calculating the total GDP, the underground economy:

A. gets counted since mining is considered a productive activity.

B. is not counted since the government refuses to report the production of drug dealers and prostitutes when they report their incomes.

C. boosts the calculated GDP by quite a bit since there is much activity in this part of the economy.

D. is not counted. This is due to the transactions being illegal or because of tax evasion. In either case the transactions are not reported to the government to be counted.

4. Given that Mr. Jones earned $40,000 in 2010 and earns $60,000 today, The price index was 100 in 2010. Find the appropriate statement below that is both consistent with economic theory and the data given here.

A. Mr. Jones would have had an increase in his income if the price index had increased by more than his salary had.

B. Mr. Jones has had a decrease in his real income if the price index today ended up at 130.

C. Mr. Jones has had an increase in his real income if the price index today ended up at 130.

D. As long as Mr. Jones' salary has risen he is guaranteed to have a higher real income no matter what the priced index turned out to be.

5. Real GDP differs from Nominal GDP in that:

A. Nominal GDP has inflation removed from the numbers while Real GDP has not.

B. Real GDP has inflation removed from the numbers while Nominal GDP has not.

C. Nominal GDP is a much better measure of income than Real GDP during an inflationary time period.

D.

Real GDP was measured with the actual prices of the goods and services produced in a given year, while the Nominal GDP is the result of manipulation by economists.

Answer: a. equal to that society's income since all production simultaneously ...

Economic theory predicts that an increase in wages a. will cause a wage earner to work more. b. will cause a wage earner to work less. c. will cause a wage earner to be more productive. d. might cause a wage earner to work more or work less. Economists normally assume that the goal of a firm is to a. maximize its total revenue. b. maximize its profit. c. minimize its explicit costs. d. minimize its total cost. A firm's opportunity costs of production are equal to its a. explicit costs only. b. implicit costs only. c. explicit costs + implicit costs. d. explicit costs + implicit costs + total revenue. John has decided to start his own lawn-mowing business. To purchase the mowers and the trailer to transport the mowers, John withdrew $1,000 from his savings account, which was earning 3% interest, and borrowed an additional $2,000 from the bank at an interest rate of 7%. What is John's annual opportunity cost of the financial capital that has been invested in the business? a. $30 b. $140 c. $170 d. $300 The value of a business owner's time is an example of a. an opportunity cost. b. a fixed cost. c. an explicit cost. d. total revenue. A production function is a relationship between inputs and a. quantity of output. b. revenue. c. costs. d. profit. Which of the following can be added to profit to obtain total revenue? a. net profit b. capital profit c. operational profit d. total cost Those things that must be forgone to acquire a good are called a. implicit costs. b. opportunity costs. c. explicit costs. d. accounting costs. Susan used to work as a telemarketer, earning $25,000 per year. She gave up that job to start a catering business. In calculating the economic profit of her catering business, the $25,000 income that she gave up is counted as part of the catering firm's a. total revenue. b. opportunity costs. c. explicit costs. d. marginal costs. XYZ corporation produced 300 units of output but sold only 275 of the units it produced. The average cost of production for each unit of output produced was $100. Each of the 275 units sold was sold for a price of $95. Total profit for the XYZ corporation would be a. -$3,875. b. $26,125. c. $28,500. d. $30,000.

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Hi. Can you please make this code work?

#include <stdio.h>
#include <stdlib.h>
#include <string.h>
#include <time.h>
#include <ctype.h>

typedef struct {
    char name[50];
    char category;
    char manufacturer[50]; // Change company to manufacturer
    float purchased_price;
    float sale_price;
    int quantity;
    time_t purchased_date;
    time_t production_date;
    time_t expiry_date;
    int store_code;
    char currency[4];
    long barcode;
} Item;

typedef struct {
    time_t purchase_time;
    Item *items;
    int item_count;
} Receipt;

// Caesar cipher encryption
void encrypt_caesar_cipher(char *input, int key, char *output) {
    int i = 0;
    while (input[i] != '\0') {
        char c = input[i];
        if (isalpha(c)) {
            char base = isupper(c) ? 'A' : 'a';
            output[i] = (c - base + key) % 26 + base;
        } else {
            output[i] = c;
        }
        i++;
    }
    output[i] = '\0';
}

// Caesar cipher decryption
void decrypt_caesar_cipher(char *input, int key, char *output) {
    encrypt_caesar_cipher(input, 26 - key, output);
}

// Function to generate a random item
Item create_random_item() {
    Item item;

    // Set a random item name
    char *names[] = {"Apple", "Banana", "Orange", "Pear", "Grapes", "Pineapple", "Watermelon", "Strawberry", "Mango", "Kiwi"};
    int name_index = rand() % 10;
    strcpy(item.name, names[name_index]);

    // Set a random item category
    char categories[] = {'A', 'B', 'C', 'D', 'E', 'F', 'G', 'H', 'I', 'J', 'K', 'L'};
    int category_index = rand() % 12;
    item.category = categories[category_index];

    // Set a random item manufacturer
    char *manufacturers[] = {"Apple Inc.", "Samsung", "Microsoft", "Google", "Amazon", "Sony", "Nike", "Adidas", "Puma", "Reebok"};
    int manufacturer_index = rand() % 10;
    strcpy(item.manufacturer, manufacturers[manufacturer_index]);

    // Set a random purchased price
    item.purchased_price = (float) (rand() % 100 + 1);

    // Set a random sale price
    item.sale_price = item.purchased_price * (1.0 + ((float) (rand() % 20 + 1) / 100.0));

    // Set a random quantity
    item.quantity = rand() % 10 + 1;

    // Set a random purchased date
    item.purchased_date = time(NULL) - (rand() % (30 * 24 * 60 * 60)); // up to 30 days ago

    // Set a random production date
    item.production_date = time(NULL) - (rand() % (365 * 24 * 60 * 60)); // up to 1 year ago

    // Set a random expiry date (between 1 and 3 years from the production date)
    item.expiry_date = item.production_date + ((rand() % 730) + 365) * 24 * 60 * 60;

    // Set a random store code
    item.store_code = rand() % 10000;

int main() {
    int bought_items[12] = { 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 };
    float regular_price[12] = { 2.99, 4.99, 1.99, 3.49, 0.99, 1.49, 2.99, 3.99, 5.49, 4.49, 1.99, 2.49 };
    int promotion[12] = { 20, 10, 30, 15, 0, 5, 10, 20, 25, 15, 0, 5 };
    int returned_items[3] = { 5, 8, 11 };
    int encrypt_method[12] = { 1, 2, 3, 4, 5, 6, 7, 1, 2, 3, 4, 5 };
    int i, j;
    float sale_price, total_price = 0.0;
    char barcode[7];

    // Generate barcodes for each item and print the receipt
    printf("Receipt:\n");

    for (i = 0; i < 12; i++) {
        // Encrypt the barcode using the appropriate encryption method
        switch (encrypt_method[i]) {
        case 1:
            sprintf(barcode, "ABC%d", bought_items[i]);
            break;
        case 2:
            sprintf(barcode, "DEF%d", bought_items[i]);
            break;
        case 3:
            sprintf(barcode, "GHI%d", bought_items[i]);
            break;
        case 4:
            sprintf(barcode, "JKL%d", bought_items[i]);
            break;
        case 5:
            sprintf(barcode, "MNO%d", bought_items[i]);
            break;
        case 6:
            sprintf(barcode, "PQR%d", bought_items[i]);
            break;
        case 7:
            sprintf(barcode, "STU%d", bought_items[i]);
            break;
        default:
            sprintf(barcode, "UNK%d", bought_items[i]);
            break;
        }

        // Calculate the sale price of the item based on the promotion percentage
        sale_price = regular_price[i] * (1 - promotion[i] / 100.0);

        // Check if the item is being returned
        for (j = 0; j < 3; j++) {
            if (bought_items[i] == returned_items[j]) {
                sale_price = 0.0;
                break;
            }
        }

        // Print the barcode and the sale price of the item
        printf("Item %d: %s - $%.2f\n", i+1, barcode, sale_price);

        // Add the sale price to the total price
        total_price += sale_price;
    }

    // Print the total price
    printf("Total price: $%.2f\n", total_price);

    return 0;
}

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