Answer:
Explanation:
He should work with the 50,000 hours estimate instead of the 40,000 in order to avoid shortage of funds during the business year
Answer:
decreases
increases
Explanation:
Nominal interest rate is real interest rate plus inflation rate. If nominal interest rate rises, people would prefer to save their money and so the demand for money would fall.
Real income is income adjusted for price level changes. The higher the real income,the higher the purchasing power, the higher the demand for money.
Budgeting is the key to manage personal finances. In order to realize budgeting one must be able to determine the importance of savings and manage expenses properly. Proper projection of expenses and savings should also been taken in order to maximize proper budget managing.
<span>Broadening the distribution of the product is important during the growth phase of the product life cycle, to meet the expected demand after the introduction phase and acceptance of the product, thereby avoiding opportunity loss and increase it's market share.</span>
