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Fudgin [204]
3 years ago
5

Charging more than you can afford to pay each month is a good way to stay out of financial problems. Please select the best answ

er from the choices provided T F
Business
1 answer:
HACTEHA [7]3 years ago
6 0

Answer:FALSE

Explanation:Charging more than you can afford to pay each month is a bad financial management strategy, as it will make you to continue to borrow money and take loans in order to meet with the charged sum.

For a person to maintain a good financial management strategy you have to charge as much as you can afford to pay, this will ensure that you don't live beyond your reach and help you to maintain good financial stability.

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If the real money demand is greater than the real money supply, interest rates must rise to reach equilibrium in the money marke
kondaur [170]

Answer:

2. False

Explanation:

The market for money is like the market for any other good: if demand is higher than supply, then, the price of money (the interest rate), will have to be lowered, so that money becomes cheaper and more abundant, and supply and demand become equal and reach equilibrium.

In this case, the centrla bank needs to lower the interest rates by buying bonds. When the central bank buys bonds, it prints more money that is put in the market, effectively increasing the supply of money, and lowering the interest rate in the meantime.

6 0
3 years ago
The rise in the number of mini-multinationals means that Group of answer choices there is greater state involvement in industry.
cluponka [151]

Answer:

small businesses are becoming increasingly involved in international trade and investment.

Explanation:

Even though the term mini-multinational corporation seems like an oxymoron, it is not. Mini-multinational corporations are medium (or even small) size companies that start to operate in more than 1 country and generally reach out to whole geographic regions, e.g. Central America, the Mercosur in South America, Southern Asia.

Even though when we hear the term small business we might think about a family restaurant or store, or a small bakery, legally, businesses are considered small if they have generally less than 500 employees (which is actually a lot of people) and their total sales are less than $35.5 million per year (which is also a lot).

Globalization and the internet has made it easier for small and medium sized businesses to start operating in more than one country since trade barriers have lowered significantly.

6 0
4 years ago
What is the difference between business strategies and business models?
Sunny_sXe [5.5K]

Answer:

B. Business models focus on specific aspects of a business, while business strategies focus on how different aspects affect the whole business.

8 0
3 years ago
The text uses __________ as an example of a set of people with a history as a counterculture in the u.s.
qaws [65]
The answer is moremons..

Thanks!
4 0
3 years ago
In business terms, the word finance is equivalent to the word_____.
erik [133]

Answer is D: Loan

When we talk about financing something we are talking about taking out a loan to purchase the product.

For example, if we say we are looking to finance the purchase of a home, we are talking about taking out a loan to purchase our home

8 0
3 years ago
Read 2 more answers
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