The main reason why the Japanese liberalized the bank mergers in Japan was to protect the economy and prevent an economic crash.
<h3>What is Financial Liberalization?</h3>
This refers to the removal of regulatory control in the financial sector to promote economic growth.
The government of Japan faced an economic crash that threatened to cripple the economy due to stock market crash, failing banks, etc and there was the use of risk-based capital to try and prevent this, amongst other solutions.
Hence, we can see that the key aspects of the liberalization program were:
The key criticism of the program is that it failed to address the scale of the problem and the solution was only short-term.
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Net income serves as the beginning point for the indirect technique of preparing the operating activities section.
<h3>What does "net income" mean?</h3>
Net income is the amount of money left over after all costs, such as salaries and wages, the cost of commodities or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions.
<h3>How is net income demonstrated?</h3>
Operating income for the business was $23,000 after operating costs of $12,500. After deducting interest expense of $1,500 and adding interest income of $1,700, ABYZ arrived at a net income before taxes of $23,200.
<h3>What is net income post-tax?</h3>
A person's income after taxes and deductions is referred to as their net income.
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Answer:
$1,500,000
Explanation:
County receives funding from numerous sources. County has no control to introduce new taxes or increasing current taxes, except for property tax.
Given:
County collected for a school district = $1,000,000
County for General Fund = $5,000,000
For town located in the County = $500,000
Hardin County Agency Fund = County for school + County for a town
= $1,000,000 + $500,000
= $1,500,000
Answer:
D. asymmetric information.
Explanation:
Owners of defective used cars have more information about the condition of their vehicles than potential buyers of those used cars. This is an example of an asymmetric information.
An asymmetric information can be defined as a situation wherein there's an imperfect flow of information or knowledge between the buyer and the seller of a product; sellers having more knowledge than the buyer of a product.
Answer:
real GDP.
Explanation:
GDP is defined as the monetary value of all goods and services produced in an economy within a give time period. It is a measure of how productive an economy is.
Real GDP considers market prices of commodities in relation to a base year.
For example if 2012 is considered to be the base year for real GDP this year, all goods and services are multiplied by the prices as at 2012 to get the monetary value of goods and services for the present year.
Base year prices are referred to as constant prices when calculating real GDP.
