Answer:
The economy's inflation rate tends to stable and low
Explanation:
As a central bank has greater independence from the government, the economy inflation rate tends to be stable and low Because when central banks are independent from the government, they tend to make better monetary policy decisions as they do not work for votes, so they take suitable measure without thinking about politics. Thus, they have better credibility in the country.
The independence granted to the central bank tend to let the bank utilizes its full fiscal knowledge at its disposal with the help of past record, knowledge of accountant, economist, financial analyst and other expert working under the independent and head bank. This leads to stability in the economy, and inflation expectation are low.
Answer:
The correct answer is option b.
Explanation:
The bureau of labor statistics collect the data concerning the employment situations in an economy. It provides data on unemployment, types of employment and length of workweek. It comes under the department of labor and produces monthly data on unemployment rate.
It considers people who have a job or are involved in some business as employed. Those people who do not have a job or are not self employed or are not involved in a family business and are looking for work are unemployed.
Answer:
See below
Explanation:
Public corporation
<u>Stockholder control:</u> stockholders or shareholders are the owners. They control the corporation by electing the board of directors.
Government corporation
<u>Public regulation: </u>Is fully or partially owned by the government. They are formed and governed through legislation.
General Partnership
<u>Collective decision-making</u>. Partners share in the running of the business. Decisions are made after consultations with partners.
Sole proprietorship
<u>Unlimited liability.</u> The business and owner are treated as one entity. Assets and debts of the business belong to the owner.
Answer:
A lack of skill in business may have many negative socio-economic impacts, both at the societal level, and at the individual level.
Explanation:
At the societal level, this lack of business skills may produce a society in which entrepreneurship is low, which causes the private sector have poor dynamic, and economic growth to be sluggish. This can create an array of negative socio-economic issues from unemployment, to poverty, to income inequality.
At the individual level, lack of business skills represents a handicap for individuals who would like to become business owners, but are thus unable to do so effectively. Their business may fail very quickly, leaving individuals in debt, or they may simply not start businesses at all, and be employees all their lives.