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Dafna1 [17]
3 years ago
14

Why are free market economies able to grow?

Business
1 answer:
Neko [114]3 years ago
7 0
Free market economy is a system that is solely based on the supply and demand and that there is very little or no governmental control at all. This type of government is able to grow because of its flexibility depending on the needs of the consumers and not on the imposed law by authorities. 
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In responsibility accounting, unit managers are evaluated only on things that they can:________
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Answer: have control over

Explanation:

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Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.

In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.

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Unlike its competitors in the online air travel industry, Travelocity provides its customers with a greater variety of services
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C. Diversification

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Diversification is the process of a business enlarging or varying its range of products or field of operation.

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The buyer, seller and broker all agree that the buyer's money will be placed in an interest-bearing account because the buyer is
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Answer:

The broker cannot do this since

Explanation:

There are two main errors in this proposal:

  1. the escrow account can be an interest bearing only if deposit 20% or less of the purchase price of the property. Apparently in this case the property was being sold at $1.5 million, so the escrow account should only hold $300,000 in an interest bearing account.
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3 years ago
A negotiable certificate of deposit A. is a bearer instrument, meaning whoever holds the certificate at maturity receives the pr
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Answer: Option D                                                  

Explanation:  A Negotiable Deposit Certificate  refers to a $100,000 initial face value deposit contract. These are lent by a bank and therefore can typically be offered on a highly liquid resale market,although before completion of maturity period they can not be cashed in.

An NCD is brief-term, varying from two weeks and a year. Cost will be charged at completion or the unit will be bought at a discount over its face value. Rates of interest are trad-able, and an NCD's yielding depends on the circumstances of the stock market.

Thus, from the above we can conclude that the correct option is D.

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3 years ago
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