Answer:
people with lower wealth and income may have less access to credit and pay higher interest rates when they are approved
Explanation:
GDP is the sum of all final goods and services produced by an economy in a given period. In calculating GDP only the final goods and services that are traded are accounted for. Thus, household services that do not generate income are not accounted for in GDP, only productive activities. Therefore, in the long run the tendency is that the GDP analyzed by this issue will decrease, because when the unemployment rate increases, fewer workers will be employed in the productive sector. These people may substitute work for leisure or household chores, but this will not count in GDP.
Answer:
$202,701,713.58
Explanation:
Present value of this liability = Value of liability / ((1+r)^t)
Present value of this liability = $750 million / ((1+0.08)^17)
Present value of this liability = $750 million / (1.08)^17
Present value of this liability = $750 million / 3.7000180548
Present value of this liability = $202,701,713.5840815
Present value of this liability = $202,701,713.58
Answer:
B) inside director
Explanation:
An inside director is a member of the board of directors that is also an employee of the company. Usually inside directors should be part of the top management of the company, but in some particular cases that may not apply (e.g. in European cooperatives unions are represented by one member in the board).
It doesn't matter if the directors are inside or outside directors (don't work in the company), they all have a duty of care to the company.
