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DerKrebs [107]
3 years ago
9

The Economic Stabilization Fund, created by the state legislature in 1988 as a sort of state savings account, is often also refe

rred to as what
Business
1 answer:
lapo4ka [179]3 years ago
4 0

Answer:

The Economic Stabilization Fund is also known as the rainy day fund.

Explanation:

This is a fund that the state of Texas (and many other U.S. states) can access in times of economic distress, in order to fund state spending.

The reason for this is that Texas, by it's constitution, must run a balanced budget, meaning that it cannot take on debt in case of deficit. This is why, in times when revenues do not match expenditures, the rainy day fund can be used as an option of last resort.

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Explanation:

Option D is the best option because we do not know that the basis for the scoring model directly translates to earnings. The scoring of Project A at 30 does not necessarily mean that it's expected to earn those amounts of revenue and therefore triple that of Project C. We do not know because the information is not complete.

What we do know is that A has the highest score out of all projects and this is why it is better to do Project A as opposed to Project B.

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3 years ago
According to the Fisher effect, if the "real" rate of interest in a country is 3 percent and the expected annual inflation is 8
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Answer:

11.24%

Explanation:

Fisher equation:

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--> Nominal interest rate = 11.24%

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Clarion corp. invested cash in a 6-month certificate of deposit (cd) on november 1, 2015. if clarion corp. has an accounting per
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