Answer:
East and South east Asia
Explanation:
The crisis that later blew up to become a financial crisis over the year started from the east and south east Asia countries of Thailand , Indonesia and South korea in 1997 before spreading to other counties leading to a fall in value of the currencies ,and fall in stock market and assets prices as the exchange rate continued to nosedive.
It was sparked up by the inappropriate borrowing by the private sector in the previous years
Answer: No, 40 is a composite number. :)
Explanation:
A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE. Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received.
<span>Labor productivity is the ability to earn the highest amount of profit for a company for an employees time. Such as a chef, cooking 10 meals in an hour will bring in 100 dollars for those 10 meals and only gets paid 10 dollars. His labor productivity is earning the company 90 dollars for his time.</span>
Answer:
B) channel funds directly from lenders to borrowers.
Explanation:
The complete financial system is a means by which money is transferred from savers to borrowers. The financial system is made up of banks, insurance companies, financial markets, and other financial institutions that allow the exchange of money.
Financial markets are the only type of institution that allows the exchange of money from lenders to borrowers without third parties being involved.
