Answer:
C. Strategic plan
Explanation:
Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.
Answer:
$778.82
Explanation:
Given:
Amount to be accumulated in retirement fund which is future value (FV) = $500,000
Interest rate (Rate) = 5.5% annually or 5.5 / 12 = 0.4583%
Time period (nper) = 25 years or 25×12 = 300 periods
Monthly deposit need to be computed (PMT). which can be calculated using spreadsheet function =pmt(rate,nper,PV,FV)
=pmt(0.004583,300,0,500000)
Monthly payment is computed as $778.82
Note: PMT is negative as it is a cash outflow.
Answer:
A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.
Disadvantages:
A tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.Since profit maximization is the biggest motivation for firms, they may try to reduce their costs unethically. Unemployment and Inequality.
To keep high inflation from eroding the value of money, monetary authorities in the united states control the supply of money in the economy.
<h3>What is
supply of money?</h3>
The money supply in macroeconomics refers to the total volume of currency owned by the public at a certain point in time. There are various ways to describe "money," but the most common are currency in circulation and demand deposits.
The Fed can expand the money supply by decreasing bank reserve requirements, allowing banks to lend more money. In contrast, by increasing bank reserve requirements, the Fed can reduce the quantity of the money supply.
Our country's current monetary policy is expansionary, which implies that the money supply is artificially increased and interest rates are near zero. As a result, the growth rate of all dollars in circulation ("M2 Money Supply") reached a new high of 27% in 2020-2021.
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