Answer and explanation:
I disagree. It is a fact that developing countries cannot keep the pace of developed countries when it comes to producing technological inventions because of the differences in resources -capital and knowledge. However, everyday technology is faster at the reach of people's hands regardless of where they are located in the world. It is indeed bridging the technology access developing countries have with the developing countries. It now depends on developing countries in finding out how they use that technology to improve the masses' lifestyles.
Answer:
One explaination I have heard is that governments are organized for stability and order, which is good, but what they're not good at is creativity and efficiency. The private sector is better at innovation and speed of execuation.
Explanation:
This is only one possible answer of many. I would not consider this answer to be complete.
Answer:
1. Collateral
2. Tax
Explanation:
In the eyes of a lender, when financing a residence, the advantages that an investor have over owner-occupied borrowers include the following:
1. Collateral: The investor can use the property he is financing to erve as a collateral for the loan he is taking out, but in owner-occupied properties, the collateral for the loan is not solely on the value of the property.
2. Tax: The interest on the loan taken by the investor is seen as a business expense and is treated as tax-deductible just like all corporate loan interests but the owner-occupied loan interests are not tax-deductible.
Answer:
The correct answer is $1,000.
Explanation:
According to the scenario, the given data are as follows:
Mike age = 60 Years
Mike's total taxable compensation = $40,000
Roth IRA contribution = $6,000
So, we can calculate the contribution of Mike to a traditional IRA by using following formula:
According to Laws, For age above 50 years Maximum Combined contribution for Roth IRA and Traditional IRA can be $7,000.
So, Contribution to Traditional IRA = $7,000 - Roth IRA contribution
= $7,000 - $6,000
= $1,000
Answer:
When responding to questions face-to-face, how should the response be organized?
By asking for clarification
Explanation:
Words could misinterpreted in diverse ways, this is why clarification should be made clearly in order to avoid such. Asking of question during a face-to-face discussion gives room for words simplicity and clear usage of words, hence; gives no room for misconceptions or misinterpretation