Answer:
A. an overstatement of net income and an understatement of liabilities.
Explanation:
Answer:
False
Explanation:
The correct answer is false because the interest rate does affect the intertemporal budget constraint.
A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.
The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.
Answer:
Some of the major types of cooperative societies are as follows:
(1) Credit Cooperative Societies
(2) Consumers Societies
(3) Producers Societies.
Credit society was the first type of cooperatives. Its objective was to provide credit to the members of the society.
Answer: practice value selling
Explanation: companies wants their sales representatives to practice value selling, which involves them highlighting the benefits of buying the product and the value it would add to its buyer.
This ensures that both the buyer and the sales company both benefits from the product sales.
