Answer:
No, they dont have to hold the 100%.
Explanation:
Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.
Answer:
1. Private ownership of factors of production
2. Freedom to engage in commercial activities
Explanation:
<u>1. Private ownership of factors of production</u>
In the US, individuals and firms are allowed to own properties. A significant percentage of the factors of production are in the hands of the private sector. Firms and individual influences the production of goods and services because they allocate resources to meet market demand.
<u>2. Freedom to engage in commercial activities</u>
Entrepreneurs have the freedom to choose the type of business they want to start. They can also select the location and the time they want to operate. There are no upper limits to firms that can participate in the market. Consumers are free to choose their suppliers. The market presents a variety of goods and services to consumers to pick from.
Answer:$31,379
Explanation:Applying the
Fishers international effect
1+Ic/1+Ib=S1/S0
Where Ib represents the interest rate in base country which is Japan in this case
Ic represents the interest rate in counter country in this case,US
S0 is the base spot rate or exchange rate at the moment while S1 is the spot rate at the end of the coming year
Ic =3%=0.03
Ib=1%=0.01
So=145
Substituting in the formula
1.03/1.01=S1/125
Cross multiplying
S1=125(1.03)/1.01=127.475
So price in US at spot 127.475 will be ¥4,000,000/127.475=$31,379
Answer: True - Monopolistic competition
Explanation:
The monopolistic competition is one of the type of imperfect competition in which the various types of industries selling the products and the services that is basically differentiated from others.
In the monopolistic competitors, the different types of decision taken by an organizations are not directly affecting the other competitors in the market.
According to the question, the J. Pitner's is basically refers to the monopolistic competition in the given competitive environment as it helps in establishing the reputation by offering the various types of high quality services.
Therefore, Monopolistic competition is the correct answer.
Answer:
The answer is E) Testing for controlling would most often involve scenario, integration and user acceptance testing.
Explanation:
In quality control, there involve a series of tests: Scenario testing, Integration testing and User acceptance testing.
Scenario testing is done once there a functionally that can be tested is developed. Under scenario testing, integration of functions is not done yet but it is possible to test the performance of the interface developed to ascertain how an end user will use it.
Integration testing involves testing the functionally of a combined unit assembled from individual units to see how well they perform as an integrated unit.
User acceptance testing is doe at the final phase to check how well it can perform in real time. This is meant to check user friendliness and ease of access.
