If the question is trying to ask whether it is true or false, the answer is false. It is because whatever you chose or the decisions you make, there is always a cause, or things affecting your decision in which you will be held accountable for such as the statement above implies, you are accountable of resources and such when you choose.
Answer: Britain has been offering interest rates since the 18th century.
Explanation:
Over the decades, interest rates offered by British banks have fluctuated. During the eighteenth century, that interest rate varied between 4 and 5%. During the 19th century, the interest rate ranged between 4 and 10%. This policy experienced many fluctuations during the 20th century and during that period formed the form as we know it today. In the late 1970s, the interest rate in Britain was the highest at 17%. The government justified this move as the only mechanism in the fight against inflation. This was followed by years of varying interest rate turbulence in Britain. According to the information available in 2007. by 2017, the interest rate in Britain has fallen significantly and stands at 5.75%, which is the lowest rate in recent centuries. Interest history is almost as old as civilization. The first vestiges of interest can be traced back to the Babylonian culture when interest was calculated based on wheat and other goods.
Answer:
$3000 to $12000
Explanation:
cost of office equipment varies in the first year of a business because it depends largely on the type of business and the scale at which the business is been run at but approximately $3000 to $12000 should be able to cover the cost of purchasing, maintain and also carrying out repairs on office equipment.
Answer:
A. central
Explanation:
The central banking system of America or the Federal Reserve System was created in December 1913, through the enactment of the Federal Reserve act. It was founded by the Congress to provide a stable, safe, and flexible financial and monetary system. The formation of the central banking system was brought about by the desire to have control of the monetary system to alleviate financial crises.
The central banking system performs various functions that are significant to the economic stability and growth in the US. A few of those functions include.
- Implement monetary polices to influence stable prices, achieve target unemployment and inflation rates.
- Regulating and supervising commercial bank activities in the US.
- Providing a secure and safe payment system in the country
- Acts as the lender of the last resort
