1. The money is required to stay in the bank longer
2. Because inflation erodes the value of savings, the higher interest rate helps decrease the amount of money lost.
Answer:
Intervene to protect the nature and the environment: government has to play an active role in preserving the nature from the industrial activities.
Protection of consumers and customers from malicious business activities.
Establishing a proper legal framework for the enterprises to operate under a healthy competition.
Establishing required antitrust laws to prevent unjust monopolies from taking over industries.
To enact labour laws and necessary regulations to regulate the labour market.
Explanation:
Answer:
b. rise in demand results in an increase in price
Explanation:
Price elasticity of demand in economics measures the degree of the responsiveness of the quantity demanded of a good or service to increase in its price.
Therefore reverse elasticity will be the measure of the degree of responsiveness of price to changes in quantity demanded.
Therefore in the options given in the scenario, an increase in price resulting from a rise in demand is most likely the appropriate definition of a reverse elasticity
Letters of credit are popular among traders because the risk of non-shipment is assumed by <u>blanks.</u>
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A trader is a character who engages in shopping for and promoting monetary belongings in any financial marketplace, either for themself or on behalf of every other individual or organization. the principle difference between a dealer and an investor is the period for which the character holds the asset.
Traders are accountable for making costs and executing trades in equities, bonds, commodities, and foreign exchange, generally dealing on behalf of, or for the advantage of, investment banks.
Buying and selling turned into the main facility of prehistoric humans, who exchanged items and offerings from very different in the present economy earlier than the innovation of contemporary-day currency. Peter Watson dates the records of long-distance trade from c. one hundred fifty,000 years in the past.
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Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered
