This statement is False.
What is Lifecycle of business ?
A product's life cycle is the series of events that start when it is first created, follow it as it develops into a mature product, reaches critical mass, and then begins to decrease. A product's life cycle typically includes the following stages: product creation, market launch, growth, maturity, and decline/stability.
- In business, a product's life cycle tracks its development, maturation, and decline.
- The business, economic, and inventory cycles are other business cycle categories that have a life cycle-like trajectory.
- In the early stages of product development, seed money is frequently used.
- It is beneficial to research a competitor's product's life cycle.
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Answer:
(C) This economy will suffer from an increase in the price level at some point in the future.
Explanation:
Velocity of money is defined as the rate at which money is exchanged in an economy. It calculated the number of time money exchanges hands during transactions in the economy.
For example if two individuals have $50 each (total of $100) and they used the same money to perform total transactions of $500, the velocity of money will be 500/100= 5.
The formula for velocity of money is
Velocity of money = Gross domestic product/ Money supply
GDP (monetary value of output) = output * price
GDP= 1,000* $10= $10,000
Therefore
5 = 10,000/x
Cross-multiply
x= 10,000/5= $2,000
So money needed in the economy is $2,000. But the Federal reserve has created $3,000.
We have an excess cash of 3,000-2,000= $1,000 in the economy.
Since there is too much money in the economy people will spend more and there will be increase in demand. Supply will not be able to keep up with demand resulting in scarcity and an increase in prices. Eventually inflation will occur.
The most important question you should have after seeing this ad about a check cashing business is"
- Why Choose ACE to Cash Your Check?
- No credit check necessary?
- Can I get a written copy of all of the fees that you charge for your services?
<h3>Is a check cashing business considered a financial institution?</h3>
A money service business is one that is seen as a kind of a financial institution that is known to be involved with one or a lot of of the following entities such as:
- Check casher
- Foreign currency dealer, etc.
So, the most important question you should have after seeing this ad about a check cashing business is"
- Why Choose ACE to Cash Your Check?
- No credit check necessary?
- Can I get a written copy of all of the fees that you charge for your services?
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Answer:
$82, 727, 931
Explanation:
At a present stock price of $24.40 , the cost of buying all outstanding 3,390, 489 shares is calculated by multiplying the present stock price by the total outstanding shares 24.40 * 3, 390, 489 = 82, 727, 931
