Question

TRUE OR FALSE ? WHY ? Plesae help me

Answer 1

Answer:

1. True

2. False

3. True

4. True

Explanation:

1. in accounting the stock is treated as inventories  

2. because the GNP considers the output of a country's citizens regardless of where that economic activity occurred. GNP expresses the total value of all goods (products and services) produced by the residents of a particular country, regardless of national borders, thus including their foreign assets. while GDP considers the activity within a national economy regardless of the residency of the producers.

3. Financing for central banks is completely different to that of commercial banks and private corporations because their commitments – banknotes and commercial banks’ overnight deposits held at central banks are the only authorized forms of payment in their jurisdiction. Central banks have a monopoly on creating money,

4.  inflation is a monetary phenomenon means to control the supply of money