Answer:
Option "D" is the correct answer to the following question.
Explanation:
Power distance is a type of inter-boundary that is found in different individuals within the same society. Power distance is not found to be appropriately distributed in the society, it is usually the thinking of lower ranks.
The more complexities in a culture, the more the difference between individuals will increase.
But in the modern era, people from different cultures are working together, due to which people of lower rank are also encouraged to move forward.
Answer:
B) False
Explanation:
your goals can be above and beyond, may take a while to get there, but u will if u keep trying even if u fail the first time.
Answer:
B: $7,300
Explanation:
Cash Balance 1 April $ 14,700
Add: Cash Receipts $ 60,000
Less: Cash Payments <u>$(70,000)</u>
Net Cash Balance $ 4,700 A
Amount to Borrow <u>$ 7,300</u> <u>C</u>
Minimum Cash balance <u>$ 12,000</u> B
B-A = C.
i.e $12,000 - $ 4,700 = $ 7,300
Answer:
The consequences of hyperinflation are that people spend significant time and effort buying goods and services to avoid losing purchasing power, and that investors make speculative rather than productive investments.
Explanation:
Hyperinflation means extremely high inflation. There is no generally accepted definition of the term, but a rule of thumb is at least 50% inflation per month. Unlike inflation, hyperinflation is often associated with a general collapse of confidence in a country and its institutions.
The general collapse of confidence creates financial turmoil which means that a country no longer has the opportunity to rely on loans to finance its commitments. As a result, the government needs to increase the money supply, that is, to create money, to meet its expenditure. The increased amount of money decreases the value of the currency and causes a price increase in nominal terms.
When hyperinflation has gone really far, it is difficult for the government to improve the situation by printing more money. People then move to foreign currencies, create new currencies or do barter.
Answer:
wages and prices are often inflexible in the downward direction.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
Keynes believed that wages and prices are often inflexible in the downward direction.
In Economics, when there are monetary disturbances and a great level of macroeconomic factors in the economy of a particular country, this usually result in prices of goods and services being sticky.