Answer:
See explanation below for answer.
Explanation:
In the case of the United States debt to China, the bank in this case is China because, following the analogy in the question, the person entity that lends money to another is the "bank".
As of December 2019, the United States debt to China stood at $1.07 trillion.
This therefore goes to further buttress the point of China being the bank in the case of them lending money to the United States of America.
Answer:
Maximum expansion in money supply = $5,000
Explanation:
The fractional banking system requires banks to keep a percentage of their total deposit as reserve and lend the rest as loans and advances
The total maximum amount that can be created by the bank is equal TO the amount of deposit multiplied by the creation multiplier.
The multiplier = 1/reserve ratio
Maximum amount = 1,000 × 1/0.2
= $5,000
Answer:
C. More leisure time
Explanation:
Leisure time is the time spent away from work, business, school, or doing domestic chores. Spending time in necessary activities such as eating or sleeping is not leisure. Leisure activities include cycling, taking holidays, hiking, or cycling.
Starting a business is not a leisure activity. Engaging in recreation activities away from the enterprise is leisure.
Answer: Yes, in light of the fact that the dumping practices pose a serious (and credible) threat, she does have a prima facie obligation to blow the whistle
Explanation:
Helen has the right to blow the whistle because engineers in well protected society for whistle blowing can have legal and moral support if they disclose some irregularity and corruption in their industry. In denial of not making known the decadence in the industry exposes individuals who work there and the society at large to a risk. Safety is a primary factor in any industry and whatever isn't done well or in the right manner is a danger to everyone
Complete Question :
Michael is in sales meeting with a potential client. The client is interested in the
product but is concerned that the product costs 15% more than the competitor's.
How should Michael handle this sales situation?
A.) Offer the client a 20% discount.
B.) Ask the client how much he or she would be willing to pay for the product.
C.) Show the client the better warranty and quality that comes with the slightly
higher cost.
D.) Say "Thanks for your time" and leave
Answer: C.) Show the client the better warranty and quality that comes with the slightly
higher cost.
Explanation: The fact that Michael's product costs 15% more than the price of it's competitor doesn't spell the end of the deal. What Michael needs to explain and make clear to the client in the sales meeting are the vague distinctions which exists between what his own product offering and that of it's competitors. Michael needs to let the potential buyers understand and get clearly the additional offers, quality or performance associated with his own product which ultimately accounts for the higher cost of his own product.
