Answer:
saving and consumption are influenced primarily by real current disposable income
Explanation:
keynesian economics is a known form of economics that is of demand-side in the sense that it encourages government action to increase and decrease demand and output.
Consumption is using ur money by spending it on new goods and services out of a household's current income.
While Saving is simply not eating up or the act of not consuming all of one's current income. Keynes argument was that the interest rate is not the most necessary factor in saving and consumption decisions. Rather, real saving and consumption decisions depend primarily on a household's real disposable income
Answer:
d. The presence or absence in a nation of supplier industries and related industries that are internationally competitive
Explanation:
Related and supporting industries can be described as upstream and downstream industries which bring about innovation via exchanging ideas.
In an economy, upstream industries are reliable supplier of inputs to a company, while downstream industries assist a company in marketing and distributing its products.
The absence or presence of the related and supporting industries usually have effect on the success of a company in a country.
Answer:
A. True.
Explanation:
One of the direct implementation for this categorization can be seen if you go to your supermarket. Supermarkets tend to categorize their product in a way that resulted in the most sales.
In order to achieve this, they tend to lined up the most popular brands on a place that's close to costumers' eye level on the shelf. The less popular brand will be place on top or lower part of the shelf that's a little bit harder to see.
Answer: The answer is given below
Explanation:
It should be noted that the split limits approach is used by several auto insurance policies and this simply combines per person and occurrence approach.
For every accident, three dollars amount are being applied. The first limit is simply a per person limit which is the maximum amount that one injured person will get. The second limit is simply the per occurrence limit which is the maximum amount that all the injured persons will get while the third limit applies during the claim of property damage as it is the maximum amount that will be paid for damages by an insurer to property that results from the accident.
since the split is 50/100/20, it implies that $50,000 medical coverage for every injured person, $100,000 injury coverage for all accident victims and then $20,000 for property damage.
1. Bill's insurance company will pay $20000.
2. Amount Bill will pay:
= $17,603 + $3,136 + $9,659 - $20,000
= $30,398 - $20,000
= $10,398
Answer:
1. More market speed
2. Reduced costs
3. better and Improved quality
Explanation:
A supplier relationship management can be explained as the process of knowing those suppliers that are really important to the growth of a business and putting into place, a system that would help in the managing of existing relationships with these important suppliers.
Organizations that are able to fully implement such relationships enjoy benefits such as
1. increased speed to the market
such relationships can help to remove delays that are caused by supply chains
2. They enjoy reduced costs
product sampling, contract negotiation, sampling of new suppliers could take a lot of time as well as money. Mistakes could even be made
3. They also enjoy quality items from the suppliers
