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The Ultimate resource of a firm is its d. employees.
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Answer:
D
Explanation:
When a business borrows money, the amount borrowed is measured in dollar. For example, a business can borrow $10,000. Another business can borrow $1 million.
When goods are sold, money is received in exchange for the sale of the good.
When goods are bought, money is given to the seller in exchange for the good.
Answer:
CPM
Explanation:
CPM is the abbreviation for Certified Public Manager. It is a professional establishment that has the responsibility of improving performance and best practice standards for public sector managers.
A CPM program is a comprehensive management development program basaed on certain criteria. At the end of a CPM program, a CPM degree is awarded to show the completion of the program and improved managerial capabilites.
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Answer:
Nominal Interest rate
Explanation:
According to liquidity preference theory, money supply and money demand are balanced by adjustments of Nominal Interest rate. Suppose you have some money, you will decide to either keep it in cash or in the bank. If you keep the money in cash, the opportunity cost of keeping in cash is the interest rate earned if you would have kept the money in the bank. Bank offers the nominal interest rates and not the real interest rates. Bank rates are not adjusted for inflation. So if the interest rate on money increases the opportunity cost of holding money in cash increases. If money supply in the economy increases the demand for money will increase only by reducing the interest rate because then only people fir hold cash and demand higher money. So, money supply and money demand are balanced by adjustments of the Nominal Interest rate.
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