CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.
<h3>What are career and technical student organizations?</h3>
This is the term that is used to refer to the vocational organizations that are in existent in the American society that are useful for the students that are in the high school, the university and and other technological career centers.
The goals of the CTSOs is that they would be able to serve the students that are registered in the services so that they are taught certain competencies that they would require as they advance into the careers that they have chosen in the society.
Hence we can say that CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.
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Answer:
Total Revenue of Cocaine will increase.
Explanation:
Elasticity of demand is demand responsiveness to price change.
Price & Total Revenue have relationships as per Elasticity of Demand :
- Elastic Demand >1 : Change in quantity demanded > change in price ; Price & Total Revenue negatively related.
- Inelastic Demand < 1 : Change in quantity demanded < price change ; Price & Total Revenue positively related
Given : Demand for crack cocaine is inelastic. If government increases penalties on cocaine supply, number of dealers decrease.
Then , the supply of cocaine will fall. Supply Shortage will increase the price. However - because demand is inelastic , total revenue will increase as a result of price rise.
Answer: increase by $80 million, and the maximum money-lending potential of the commercial banking system will increase by $400 million
Explanation:
Based on the information given in the question, the money multiplier will be calculated thus:
Money multiplier = 1/Required reserve ratio
where,
Required reserve ratio = 20%
Money Multiplier will now be:
= 1/0.20
= 5
Therefore, the maximum money-lending potential will be:
= $80 million × 5
= $400 million
Therefore, the money supply will by $80 million, and the maximum money-lending potential of the commercial banking system will increase by $400 million
Answer:
=$140
Explanation:
At the beginning of the year, the account had a credit(positive balance of $760)
Previously bad debt that has been reinstated, $120
The new balance will be $760 + $120 = $860
adjusting for the written-off accounts
=$860 - $740
=$140
building society --- is owned by its members and provides banking servic
trust company --- acts as a fiduciary and handles custodial asset arrangements
asset management firm --- invests people's funds in financial assets
stock brokerage firm --- trades securities and makes money from commissions
