Did you get the answer I have the same question..
Answer:
True
Explanation:
The statement is true.
Suppose a consumer purchases a bundle of goods, say 40 units with his given money income of $1000.
Now, if there is a fall in the price level of the goods then this will increase the purchasing power of the consumer and hence he will be able to buy more quantity of goods, say 60 units with the same level of money income i.e $1,000.
This illustrates that as the price level falls, the purchasing power of the consumer increases or we can say that holders of money become richer.
Answer:
The firm's PEG ratio is equal to 5.93
Explanation:
A valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth are referred to as the 'PEG ratio' (price/earnings to growth ratio).
Generally, a company with a higher growth rate would have a higher P/E ratio.
PE ratio = Stock price/EPS
= 23.4/1.36
PE ratio = 17.205
PEG ratio = PE ratio/ Earning growth ratio
= 17.205/2.9
PEG ratio = 5.93
Answer: Team
Explanation:
A team is made up of a small group of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable.
It should be noted that each employee in an organization should be ready and willing to be part of a team in the organization in order to achieve the organizational goals.
Answer:
° Fiscal policy
° Monetary policy
° Exchange rate policy
Explanation:
Macro economics policy are tools used by a country's government through their central bank to influence the supply of money, control interest rate in their economy which will lead to economy stability and growth. The tools are explained below. An increase in government spending will make funds available to the household and firms hence increases the volume of money supply in the economy, while a decrease in government spending will also reduce the availability of money to household and firms.
° Fiscal policy . This refers to the use of tax and government expenditure to regulate the supply of money an economy. For instance, government through its central bank uses tax cut to increase the flow of money in an economy. Also, if the government feels that the supply of money in circulation is too much, which could result in inflation, government can increase taxes to be paid by individuals, firms and businesses which in turn will reduce the availability of money.
° Monetary policy. Monetary policy refers to various tools used by the government to control the flow of money in an economy, which includes open market operation, special reserves, interest rate adjustment. For instance, the government through CBN could buy or sell government issued securities which will ultimately affect the supply of money in an economy. Also, there is usually a minimum amount of reserves which must be held by commercial banks, which ultimately affects the supply of money. An increase in reserve ratio reduces the ability of banks to lend money to their customers while and a reduction in the reserve ratio increases their ability to lend to the public hence increases money supply.
° Exchange rate policy. The value of a country's currency in relation to other country's currency is referred to as exchange rate. Exchange rate policy is used to control inflation, preserve the value of domestic currency and also to maintain a favorable external balance of payments of a country.
