Answer:
Explanation:
At the time of the great depression, Franklin Delano Roosevelt became the President in 1933, and He expanded government involvement in economic recovery. His first 100 days brought about the approval of Congressional acts that is aimed at regulating the economy as well as providing jobs to the unemployed Americans.
Franklin Roosevelt also declared a bank holiday, this made Americans to start withdrawing their savings out of fear. This action by Roosevelt allowed the congress to pass the Emergency banking Act that gave the president bigger power over the national banks. Banks after proving they were solvent were allowed to reopen for business. This made the public to have greater confidence in the banking system.
Answer:
external stakeholder
Explanation:
External Stakeholders are the individuals or the groups of the individuals who are outside a particular project or business, but they can affect or they can be affected by the project or business.
In the case case study, Widgets Inc. acts as a vendor for the appliance manufacturing company by supplying machine parts. Widgets Inc. is outside the appliance manufacturing company but is affected by the company as its revenue depends on the appliance manufacturing company. Thus, Widgets Inc. is an external stakeholder for appliance manufacturing company.
Answer:
12%
Explanation:
Calculation for what is your rate of return in this investment.
Using this formula
Rate of return=Amount paid a year /Amount invested in
Perpetuity fund
Let plug in the formula
Rate of return=$3,000/$25,000
Rate of return=0.12*100
Rate of return=12%
Therefore the Rate of return will be 12%
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