Answer:
The answer is True
Explanation:
Yes, It is not true that the sense of urgency with respect to entrepreneurship tends to increase in European countries and other places where unemployment benefits and other social services are well established and pay high rates.
This is because:
- Unemployment benefit is paid to people who have recently lost their job via no fault of their own.
- An established benefits and other social services puts stringent checks in place to screen beneficiaries.
Since it is seemingly difficult to access these benefits, the best option for sustained economic power is entrepreneurship.
Answer: Internet of Things
Explanation:
The above scenario explained in the question shows that John is utilizing the Internet of Things.
Internet of Things (IoT) simply refers to the internet-connected objects which can be used to gather data over a wireless network and also transfer them.
The Internet of things is vital in this case as it helps to to have devices that self report in real-time, and improving efficiency.
Answer:
If the effective tax rate increases then the net savings coming from investments will get lowered as a result the investment will have higher payback period (The increase in effective tax rate would lower demand of the product which means there is decline in net saving arising from the sale of the product). Likewise this decrease in annual net savings will also decrease the internal rate of return which shows that their are increased chances of project rejections. The NPV method is based on cash flows and relevant costing just like IRR and payback method but the only difference is that it assumes that the cash earned would be reinvested at cost of capital. The NPV will also decrease due to increased effective tax rate.
True they belong to the bracket of unemployed citizens and are dependent on the working force or are consuming their savings