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Goryan [66]
3 years ago
15

Economic growth is an increase in a nation’s output of goods and services over time. True or False

Business
1 answer:
ICE Princess25 [194]2 years ago
5 0

Answer:

The statement is: True.

Explanation:

Economic growth happens when an economy's market value of goods and services rises in one period compared with another. Economic growth is typically measured by looking into an economy's Gross Domestic Product (GDP). Nonetheless, due to inflation, economists and analysts frequently tend to calculate economic growth through the annual percentage change in real GDP and percentage change in per capita GDP per year.

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Which of the following statements is false regarding the risk assessment component of internal control? a. Risk assessment inclu
natali 33 [55]

Answer:

Economic changes would not be considered a risk that needs to be analyzed as part of the risk assessment process.

Explanation:

Risk assessment is the process of identifying events that could potentially cause harm, to an individual, business or the environment and analysing them to get an acceptable tolerance level.

Risk assessment determines the likelihood of an event happening, it's impact, and tolerability the entity can take.

The environment is a major consideration of risk assessment, as risk is always inherent as business interacts with its environment.

7 0
2 years ago
The true rate of interest that you pay on a loan is called the
Kaylis [27]
The true rate of interest that you pay on a loan is called the APR interest rates
 
3 0
2 years ago
A strategy of ____________ reciprocating both the frequency and magnitude of the other bargainer's concessions was found to be m
schepotkina [342]

Answer:

Always and less

Explanation:

Strategy: The strategy is a plan to do something with respect to achieve the company objectives or individual objective

Without preparing the strategy no one could accomplish their target.

For frequency and magnitude of other bargainer concessions, the strategy should always be reciprocatinvg and found to be more effectove as if concessions are obtained from other bargainer that involves less reciprocation

7 0
3 years ago
Suppose the Fed carries out an open market sale of $100m and simultaneously decreases the minimum required reserve ratio from 10
andrey2020 [161]

Answer:

loanable amount after Fed operation = $950 M

Securities after fed operation = $50 M

attached below is the T-account table

Explanation:

Given data:

For assets : securities = $100 M ,  Loans = $800 M

For Liabilities :  Constant demand deposit = $1000 M

difference between the assets and liability = $100 M  and this makes the Banking system unbalanced hence the Banking system needs the intervention of the Fed. and the reduction in the required reserve ratio from 10% to 5% is the right action

How with the reserve ratio reduced to: 0.05

hence required  Minimum required securities after operation = 0.05 * 1000 M = 50 M

Note : Total demand deposits = securities + loanable amount

therefore loanable amount after Fed operation = $1000 M - $50 M = $950

Attached below is the T-table

When both tables are compared it can be seen that there is a significant increase  in the loanable amount after the Fed's operations and increase in Loanable amount transcends to increase in Monetary base

5 0
3 years ago
Can a broker arbitrarily penalize an independent contractor based on varying factors, such as the sales agent's difficulty in cl
Irina18 [472]

Answer:

No

Explanation:

An independent contractor is a business person or entity who works for an employer based on an agreed-upon contract which affords him the flexibility of choosing how and when he accomplishes a task. The employer has the right to control the results of his work but has little or no say on how and when the job is done.

An independent contractor is not bound to work specific hours dictated by an employer. When the sale's agent finds it difficult to close a deal or is unable to produce paperwork in a timely fashion, he cannot just be arbitrarily penalized by the broker. The broker could terminate the contract if the agent does not meet up to his requirements.

8 0
2 years ago
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