Answer:
The Correct Option is "B"
Explanation:
Total consumption model was created accordingly of traditional model. It shows the connection between the GDP and arranged spending. The condition of consumption model is as per the following:
Y = C + I + G + NX
Where, Y is the genuine GDP, C is Consumption, I Refers to net investment, G is government buys and NX is net ex[port.
The total use model accept that gross investment (I), government buys (G), and net export (NX) are independent to of genuine GDP (Y) as they don't depend on salary of the economy.
Answer:
The correct answer to the following question is option B) decrease.
Explanation:
Regressive tax is that of tax which is imposed in such manner that when the income level in the economy increases , the average tax rate would decrease. This type of tax has heavy burden on the low income people as it takes high proportion of their income. So it can be said here that there is an inverse relationship between tax payer's ability to pay ( which can be measured in income , assets or consumption) and the tax rates imposed.
Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements
Explanation:
Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.
He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.
The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.
Answer:
Yes, it is very much true that making decisions often involve both financial and non-financial factors. There are some situations in life where we have to consider both of them in order to make a valid or correct decision. For example, when we are buying a laptop, we will definitely consider its price and other specifications like, hard drive space, ram, but we will also consider its style, design and color as well not only price. In another case, when we have to choose between three jobs. One job offers $10000 per month in New York city, while other is offering $15000 in London and third one in China offering $18000. I love to live in New York city which is quite near to my hometown as well but it is offering me the less salary as compared to the other 2 options, I have to do a trade-off here. I will go for opting New York's job in $10000, I will not considering money factor here because I will be more comfortable in this city as many of my family members and friends live here, hence, sometimes both financial and non-financial factors matter when we have to make a decision.
