Answer:
Corporation.
Explanation:
A corporation is an organization, often made up of a group of people or a company, authorized by the state to act as a single entity (a legal entity, a legal person in legal context) and recognized by law for certain/specific purposes. Early incorporated entities were established by charter (i.e. by an ad hoc act passed by a parliament or legislature), not registration. Although most jurisdictions now allow the creation of new corporations through registration.
Answer:
Total liabilities: 42.41%
Explanation:
On a vertical analysis the balance sheet values are expressed as a percentage of total assets.
We will express the total liaiblities as a percentage of total assets.
The reasoning for this is kind of analysis is to compare the values as relatives rather than nominal values.
Answer:
supply-side economist
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
Supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.
This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.
Generally, supply-side economist are of the opinion that one of the best way to grow a country's economy is by introducing tax cuts so as to increase the incentive for households to work and invest.
However, these tax cuts might initially cause the budget deficit to rise, supply-side economist are convinced that the consequent economic growth will give rise to an increase in government tax revenue.
Hence, Nancy is best described as a supply-side economist in this scenario.
Answer:
The correct answer is option c.
Explanation:
The tragedy of the commons is an economic problem in which individuals' rational decisions lead to collective irrationality. The individual consumers want to maximize their satisfaction so they consume a common resource in the way to maximize utility or satisfaction. But collective consumption in this manner leads to overconsumption of resources.
Individuals take better care of the resources they privately own than the common resources. Individuals focus on their wellbeing instead of the collective welfare of society and ignore social welfare in the process of maximizing their personal welfare.