The budget process makes fiscal policy difficult to implement because
<span>---The budget process begins a year and a half before the budget is implemented, and this will make it difficult to know what type of fiscal policy will be needed because it requires us to predict the problem and opportunities that arise during the operation.
---Many budget decisions are made for political reasons , because many politicians was appointed by interest groups that controlled by big companies.
---Nearly two-thirds of the budget is mandated by federal programs and cannot be easily changed, even if it could be changed, the cost could outweihgt the benefit.</span>
Answer: D. 14;10
Explanation: The answer is D. 14;10 because a date to the right on a number line is older. This means that the first number has to be larger than the second number, and only D has this.
Answer:
to get 5,00,000 australian dollar at the forward rate we are goign to need 4,704,000 US dollars
Explanation:
spot x (1 + (US rate - Australia rate) x time)
0.96 x (1+(0.03-0.05)x1 year) =
0.96 x 0.98 = 0.9408 forward exchange rate
$5,000,000 Australian Dollar * 0.9408 = 4,704,000 US dollars
Providing and recording documents are performed by : The closing agent
<h3>Who is a
closing agent?</h3>
Closing agents are basically professionals who acts directly for the buyer by making interest of the buyer known to the seller. They are usually associated with real estate transactions.
A closing agent could be a lawyer speaking to a bank or lender. The actual closing is conducted by a closing agent who might be a worker or employee of the lender or the title company or organization.
Other duties of a closing agent are :
- Ordering title work and a property survey.
- Issuing commitment title.
- Assisting with obtaining requisite insurance
- Issuing and sending the title insurance policy to both the buyer and lender
- Assembling the loan closing package .
Therefore, closing agent responsible for providing and recording documents.
Learn more about closing agent here : brainly.com/question/8023863
