your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.
Answer:
Government policies can help stabilize the economy.
Economic condition of any economy can be determined by determining its GDP and level of employment in the economy. Government policies like Fiscal or Monetary Policies can help stabilize the economy. If the economy is passing through recession,the expansionary monetary or fiscal policies can be implemented by the government. Government can reduce the CRR and Repo Rate and relaxes taxation policy so that more amount is left with the people to raise their living standards. On the other hand, at the time of prosperity,contractionary monetary or fiscal policies can be used . CRR and Repo Rate can be raised and tight taxation policy leave the public with less disposable income and thus their demands come down.
Increasing productivity leads to economic growth
Any economy stands on basically four pillars : GDP, Inflation, Employment and National Income.
As the productivity improves,the GDP of the economy grows.For higher level of production higher level of worker participation is required leading to higher level of employment. It will lead to higher supply of commodities and thus the price and inflation can be controlled. Higher level of employment also leads to higher level of National Income.Thus overall, the economic growth takes place.
Thus we can say that Increasing productivity leads to economic growth.
Answer:
The answer is: There was no consumer surplus in this situation.
Explanation:
consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a good or service and the actual price of the good or service.
In this case there was no consumer surplus, since Stacey was willing to pay only $2 for a bottle of mineral water and its price was $2.25, so she didn't buy it.
Answer:
A silent partner
Explanation:
A silent partner is a partner whose liability is limited to the amount invested in the project. Also, a limited partner hardly takes part in the day to day running of the business.
I hope my answer helps you
Answer:
Adjusted Cash Balance at 31 August 2022 = 9654
Explanation:
Bank Reconciliation Statement at August 31, 2022
Cash Balance as per Bank August 31, $7338
Add: Deposit in Transit $3010
<u>Deduct: Outstanding Checks ($694 )</u>
<u>Adjusted Cash Balance $9,654</u>
<u />
Cash Balance as per books, August 31, $7374
Add: Receivable collected by bank $2326
<u>Less:Bank Service Charges ($46) </u>
<u>Adjusted Cash Balance $9,654 </u>
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