Answer:
Consumers are basis for any economy to work out.It is the consumers for which the country works and makes sure to fulfil the demand of the market. New businesses come into existence because they create needs in the consumers and fulfil those needs. These businesses become a part of the economy and therefore give an input.
If there are no consumers, there will be o demands and the produces will have no needs or demands to fulfil which would lead to less production and therefore leading towards the fall of the economy.
Answer:
Verification of agreement of job time tickets with employee clock card hours by a payroll department employee.
Explanation:
An effective internal control system
This simply aim to give adequate hope that the policies, processes, tasks, behaviours etc, of an organisation, when complied, helps its effective and efficient operation of the organisation etc.
It is very essential in the payroll and personnel cycle to prevent over payments and payments to nonexistent employees. Proper authorization by the human resources department should add and delete employees from the payroll or change pay rates and deductions. The number of hours, overtime, must be approved by employees supervisor.
Payroll computations should be separately verified. A member of management should review the payroll output for any obvious errors or unusual amounts.
Answer:
See the explanation below.
Explanation:
Some solutions
Try to increase the additional resources in order to help the global economy, with the goal of pay the balance of payment and is important and provide support for countries in crisis around the world. The international monetary found (IMF) help on this.
Increase the growth and jobs and that can be satisifed with fiscal expansion. And all the people involved on the develop of strategies around this topic needs to help. The responsible of this is each country and the IMF
More help to the people with no resources, satisfying the basic rights for sales and the finance operations. One organism who help on this is World Bank Vulnerability Fund. and the ONU.
Stability and strategies to identify risks using some techniques for the regulation of credit agencies and banks, bonuses and othr financial products. The world bank can help on this topic.
Reduce taxes creating actions to reduce it. For this topic the Economic Co-operation and Development Organization can show the information about it.
Create strategies to reduce the climate change: for example by low carbon investment and bonuses, working with the IPCC and the WRCP.
Answer: The price level falls and output rises.
Explanation:
According to Moore's law, it is stated that the computing speed of a microchip doubles every 18 months. According to Moore, this will increase thespeed and capability of computers and also bring about lesser pay for the computers.
The effect of this on the economy is that it will lead to a fall in price level and increase in output as there will be faster and cheaper production. This can be shown in the diagram attached.
