What does it mean if something is logical?

What does it mean if something is logical? Logical describes something that comes from clear reasoning. The adjective logical is rooted in the Greek word logos, which means “reason, idea, or word.” So calling something logical means it’s based on reason and sound ideas — in other words, thought out with mathematical precision and removed […]

What does illiquidity in real estate mean?

What does illiquidity in real estate mean? Illiquidity occurs when a security or other asset that cannot easily and quickly be sold or exchanged for cash without a substantial loss in value. What does financially illiquid mean? In the context of corporate finance, the absence of cash flow needed to fulfill financial debts and meet […]

Which type of decision rule allows consumers to select products that may perform poorly on one attribute by compensating for the poor performance by good performance on another attribute?

Which type of decision rule allows consumers to select products that may perform poorly on one attribute by compensating for the poor performance by good performance on another attribute? 44. Compensatory rules allow consumers to select products that may perform poorly on one attribute by compensating for the poor performance by good performance on another […]

Can the US clear its debt?

Can the US clear its debt? Federal debt is at its highest point in American history. Cutting spending and raising taxes can help reduce debt but jeopardize elected officials’ popularity. Raising taxes and cutting spending are the two most popular solutions for reducing debt. Driving up the GDP can help reduce the debt-to-GDP ratio. Does […]

Who is the American psychologist who proposed the functionalist approach and whose textbook Principles of Psychology dominated the field of psychology for 50 years after its publication?

Who is the American psychologist who proposed the functionalist approach and whose textbook Principles of Psychology dominated the field of psychology for 50 years after its publication? William James (1842–1910) is regarded as writing perhaps the most influential and important book in the field of psychology, Principles of Psychology, published in 1890. Who is considered […]

What is the wavelength of terrestrial radiation?

What is the wavelength of terrestrial radiation? Terrestrial radiation is longwave low-energy radiation and is emitted in the range of 6000–20,000nm. What are the types of solar radiation? The three relevant bands, or ranges, along the solar radiation spectrum are ultraviolet, visible (PAR), and infrared. Of the light that reaches Earth’s surface, infrared radiation makes […]

What are 4 types of minor parties?

What are 4 types of minor parties? Minor parties in the U.S. include the Libertarian Party, the Green Party, Constitution Party, and others that have less influence than the major parties. Since the American Civil War (1861–1865), the major parties have been the Republican Party and the Democratic Party. What are 3 political parties in […]

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