National saving is the nation's income that is left after paying for current consumption and government purchases, that is S = Y-C-G.
What is national saving?
National saving (saving) is the portion of the economy's total income that is left over after paying for consumption and government expenditures. individual saving the amount of money that households have after paying for expenses like taxes and expenditures.
How does national savings affect our economic growth?
Larger investments resulting from stronger GDP growth would be produced by an increase in overall savings. The high savings rates have the effect of increasing capital and boosting the nation's economic growth.
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Answer: Boundaryless organization
Explanation:
Boundaryless organization is an organization that is not hindered or limited by boundaries created through established structures.
It could also mean an organization whose operation is not confined to a particular location or the confine of their office complex.
The idea of boundaryless organization was first conceptualized by Jack Welch who wanted to eliminate any form of barrier (both internally and externally) in the way General Electrics carried out its operations.
•Note that in order to achieved the concept of a boundaryless organization, flexibility and adaptability must be considered.
•Latest technology for getting work done must also be adopted over traditional mode of operation
E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
Answer: D. The account is prohibited from buying the new issue
Explanation:
The options to the question are:
A. The account can buy the issue without restriction
B. The account can buy the issue if the branch manager approves
C. The account can buy the issue if the registered representative agrees not to share in the profit on the position
D. The account is prohibited from buying the new issue.
From the question, we are informed that a registered representative is a 15% participant in an investment club formed by members of the local Elks Club and that the Elks Club investment club has opened a securities account at ABC Brokerage.
We are further told that the account wishes to buy an IPO being offered by an underwriter, out of the options that were given, the correct option is that account is prohibited from buying the new issue.
Answer:
$ 11, 978,133.75
Explanation:
The grand prize of 15,000,000 is worth the present value of the prize at an 8% interest. The prize is paid every year, meaning its an annuity case.
The present value of an annuity is calculated using the formula
PV = P × <u> 1 − (1+r)−n </u>
r
Where
P $3,000,000
r is 8% 0r 0.08
n is 5
PV = $3,000,000 x <u>1-(1+0.08) - 5</u>
0.08
PV =$3,000,000 x<u> 1 - 0. 6805831</u>
0.08
PV = $ 3,000, 000 x 3.99271
PV = 11, 978,133.75
