A blueprint for creating a vacation plan is;
- Total budget= $3,000
- Transportation= $700
- Lodging for 6 days= $1,200
<h3>What is a Vacation?</h3>
This refers to the time taken out for relaxation and away from work and stress to a luxury destination.
Hence, we can see that the complete plan is given below:
- Feeding= $600
- Tour guide= $100
- Miscellaneous= $400.
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Answer:
A. Micro-economics
Explanation:
Micro-Economics represents a study of economic activiites or economic choices that affect individual businesses or organisations, individual consumers or individual families. Since the focus of Williams & Co is on determining appropriate prices for products sold in its individual firm, then the focus is micro-economics
Macro Economics represents the study of economic activities and choices but instead of the individual level, it studies these acivities at the overall national level or at the global level. So the study of pricing among the various detergent producing firms in the United States is under the purview of macro economics
Monetary policy focuses on the tools that are used to regulate the entire economy especially the Federal Reserve through the regulation of the activities of member financial institutions.
Fiscal Policy focuses on the activities of government to control its expenditure, tax rates and overall monitor or regulate the economy
Answer:
The answer is A.
Explanation:
Bank deposits from customers create both a liability and an asset for the bank.
1. As a liability: The deposit is the customer's money. The bank is keeping the money for the customer. The customer can withdraw the fund any time.
2. As an asset: The money deposited by the customer can be used by the bank to generate revenue pending when the customer withdraws the money. The money not yet withdrawn by customers is still in the possession of the bank and the bank controls it.
Answer:
Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.
Explanation:
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