Answer:
Matched as below
Explanation:
a. Cashier’s check: A draft drawn by a bank on itself
b. Check: A draft drawn by a drawer ordering the drawee bank or financial institution to pay a certain amount of money to the holder on demand
c. Certified check: A draft that is payable on demand, drawn on or payable through a bank, and specially designated
d. Traveler’s check: A draft that had been accepted by the bank on which it is drawn, promising to pay the check when it is presented
Answer:
A. the economy is producing at less than its potential output and has some cyclical unemployment.
Explanation:
Increase in government spending will increase domestic income, only if economy is producing at less than its potential output.
Increase in federal government spending raises the level of 'govt expenditure' in Aggregate Demand. This creates 'Excess Demand' (AD > AS). However, if the economy is at full employment level, i.e all the resources are already best efficiently utilised as per their production potential. Then, the economy can't increase its domestic income more than its full employment (full potential) level. So : Increase in government spending in full employment case, wont increase total production/ income/ employment further ; as the economy is already at full employment & can't increase economic activity beyond that.
Answer:
Feedback
Explanation:
Feedback is the response you get from the customers.
Answer:
A. the accumulated benefit obligation is less than the fair value of pension plan assets.
