Answer:
an increase in the number of goods produced
the creation of employment opportunities
Explanation:
The GDP value communicates the rate of economic growth in a country. An increase in GDP shows the economy is growing. The GDP value is calculated by adding all the values of new goods and services produced within the country. An increase in the value of products and services produced results in an increase in GDP, indicating economic growth.
When businesses need to offer more goods and services, they require to hire additional workers to be engaged in production activities. Economic growth means more job opportunities are created.
Answer:
Consumption is given.
Investment is also given.
Government spending is $6 billion.
GDP is $25 billion.
National Saving = GDP - Consumption - Government spending
Foreign lending = Savings - Investment
Absorption = Consumption + Investment + Government spending
Net Exports = GDP - Absorption
The relationship/ correlation between Net Exports and Foreign Lending is one that is <u>perfectly positive</u> as both measures are exactly the same.
Answer: c. 10% of their time on expediting orders
Explanation:
Supplier relationship management is an approach to evaluate or assess supplier's contributions to businesses with the aim of improving the business and grow relationship between both parties. The supplier relationship management has helped buyers spend just 10% of their time on expecting orders.
defining and implementing monetary policy. conducting foreign exchange operations. holding and managing the euro area's foreign currency reserves. promoting the smooth operation of payment systems.
<h3>What is
foreign currency reserves?</h3>
Foreign Exchange Reserves are cash and other reserve assets, such as gold, held by a central bank or other monetary authority and used primarily to balance a country's accounts, influence the foreign exchange rate of its currency, and maintain financial market confidence.
Foreign exchange reserves are a country's emergency funds in the event of an emergency, such as a rapid depreciation of its currency. Countries use foreign currency reserves to maintain a fixed rate of value, maintain competitively priced exports, remain liquid in the event of a crisis, and provide investors with confidence.
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