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Vedmedyk [2.9K]
3 years ago
9

Nolivia is a small and poor nation, but its current president has a genuine desire to create more wealth for Nolivia citizens. T

he president has received recommendations from several of her advisors. Which of the following recommendations is likely to create the most wealth for Nolivia?
Establish a business environment that promotes and rewards entrepreneurship. T/F
Business
2 answers:
Umnica [9.8K]3 years ago
5 0

Answer:

True

Explanation:

One of the biggest reason for poverty is unemployment and this leads to lower purchasing power of the people of Novia. If Novia wants to increase the living standard of people through wealth creation then the country must invest on developing Entrepreneur ecosystem and giving tax incentives so that the international firms would invest in Novia. This would help in jobs creation and the exports of these firm will help in saving costs of borrowing for balance of payments.

melomori [17]3 years ago
4 0

Answer:

True

Explanation:

One of the pillars of capitalism is entrepreneurship. On capitalistic countries or free market economies, private actors (consumers and suppliers) freely decide how to best allocate resources. Usually consumers and suppliers do a much better job of allocating resources than governments. Another pillar of capitalism is private property which is closely related to both free resource allocation and entrepreneurship.

An entrepreneur is someone who wants to start their own business and eventually make it grow. Entrepreneurs need a business environment that supports the and guarantees them that all their effort will be worth it, i.e. the government will not take over private companies.

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The answer to this question is that the best medium would be a face to face meeting. A face to face meeting is a meeting where in group of people are being held in a specific meeting room to meet and discuss a specific agenda. Face to face meetings are said to be the best type of meeting because this ensures engagement and it is more efficient.
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3 years ago
You have set a par value of 25 chicken cutlets. Your inventory says you have 10 on hand from last night. How many should you ord
alina1380 [7]
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3 0
3 years ago
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount
aniked [119]

Answer:

$24,990

Explanation:

2/15 net 45 means that if the customer pays within the period of 15 days, he will get the discount of 2% of invoice amount, otherwise he has to pay the whole amount of invoice within the period of 45 days.

In the given scenario, since the Pound Co. has paid the invoice within the discount period, so therefore, the Pound Co. has availed the discount of 2% and accordingly the sales amount shall be recorded as follows:

Sales amount=Invoice amount*98%

                       =$25,500*98%

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8 0
2 years ago
Preferred stock is a hybrid—a cross between a common stock and a bond—in the sense that it pays dividends that normally increase
shtirl [24]

Answer:

The correct answer is B. False.

Explanation:

Preferred shares are called because they have priority over common shares in the payment of dividends or upon settlement, although they are subordinated to the payment of bonds or obligations. Their conditions are negotiated directly between the issuing entity -bank- and the investor or shareholder. They are a high financial risk asset that can give high bank interest or large losses.

3 0
3 years ago
A Japanese investor can earn a 1 percent annual interest rate in Japan or about 4.1 percent per year in the United States. If th
Whitepunk [10]

Answer: 97.99

Explanation:

The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:

= Spot rate × (1 + Japanese rate / 1 + U.S rate)

= 101 × (1 + 1% / 1 + 4.1%)

= 101 × [(1 + 0.01) / (1 + 0.041)]

= 101 × (1.01/1.041)

= 101 × 0.9702209

= 97.99

4 0
2 years ago
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