Answer:
The options include:
[A] cannot implement the plan
<em>[B] can implement the plan
</em>
[C] can implement the plan only if no commissions are charged
[D] can implement the plan only if no management fee is charged
<em>[B] can implement the plan is Correct</em>
Explanation:
Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.
The main thing Vinnie did wrong was have multiple credit cards, and it say sin the question 'had fun with them' he probably did not monitor how much money he was spending.
Answer:
True
Explanation:
Exceptionally good weather will guarantee a good yield in crops. This will lead to an increase in supply of produce to the market, and when supply increases, the supply curve shifts to the right.
This is simply because there are more products and more sellers, and this will result in more supply.
Answer: The simple money multiplier becomes smaller as less money is loaned out
Explanation:
In the money creation process, the simple money multiplier assumes that thee are no excess reserves that are held by the banks and that there are no currency being held by the public.
The consequence of a bank holding excess reserves will be that the simple money multiplier will become smaller when less money is being loaned out. There will be less money in circulation when excess reserves are held by the banks. This will result in the money multiplier to be smaller.
Answer:
time required is 7.70 years
Explanation:
given data
interest rate = 9%
solution
we know with the compounded continuously rate r and time t amount is
A(t) = A(o) 
.................1
and we have given amount is double so
A(t) = 2 A(o)
so from equation 1 put the value and we get here
2 A(o) = A(o)
ln(2) = 0.09 t
solve it we get time
time t = 7.70 years
so time required is 7.70 years
