The correct answer is option (a) True
The statement is True From both a legal and ethical standpoint, you have an obligation to pay for credit purchases.
- Ethics can be characterized as a set of ethical standards or rules of conduct that give direction for our behavior when it influences others.
- Broadly recognized essential moral standards incorporate genuineness, reasonableness, constancy, and care and regard for others. Moral conduct takes after those standards and equalizations self-interest with both the coordinate and the backhanded results of that behavior for other people.
- Not as it were does unscrupulous behavior by people have genuine individual consequences—ranging from work misfortune and reputational harm to fines and indeed jail—but deceptive conduct from advertise members, speculation experts, and those who benefit financial specialists can harm financial specialist believe and subsequently impede the supportability of the worldwide capital markets as a entirety.
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Answer:
1. 4%
2. 2%
Interest rates are rounded off to nearest whole number.
Explanation:
Fisher effect formula determines the relationship between the Nominal rate, Real rate and inflation rate.
Fisher effect formula is as follows
1 + nominal rate = ( 1 + real rate ) ( 1 + inflation rate )
1.
1 + 5% = ( 1 + real rate ) ( 1 + 1% )
1.05 = ( 1 + real rate ) x 1.01
1 + real rate = 1.05 / 1.01
1 + real rate = 1.0396
real interest = 1.0396 - 1 = 0.0396 = 3.96% = 4%
2.
Inflation premium = [ ( 1+ nominal rate ) / ( 1+ real rate ) ] -1
Inflation premium = [ ( 1+ 6% ) / ( 1+ 4% ) ] -1
Inflation premium = [ ( 1.06 / 1.04 ] -1
Inflation premium = 1.0192 - 1
Inflation premium = 0.0192
Inflation premium = 1.92%
Inflation premium = 2%
Foreign companies that operate in Mexico with privileges in exchange for hiring Mexican citizens are known as maquiladoras.
<h3>What are maquiladora industries</h3>
Correspond to manufacturing and service destination factories for making, transforming or repairing foreign goods such as the US. These industries exist in peripheral countries, where there is cheaper labor and less bureaucracy.
Therefore, in Mexico, the installation of maquiladora industries received government incentives in programs carried out by Mexico and the USA, generating more jobs for local workers and reducing costs for transnational companies.
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Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
10 cents is more valuable than finding a dollar i think because of the connection with hardworking , rather earn something than find because are luck isn’t always trusted