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Vilka [71]
3 years ago
15

What is an economic indicator and why is it important? Use at least two complete sentences to provide your response.

Business
1 answer:
kvv77 [185]3 years ago
5 0

Answer:

Answer is provided in two separate headings below.

Explanation:

<u>Economic Indicator</u>

They are briefly described as the figures used to understand the current position of the economy. Few examples of such are the Inflation rate, Gross Domestic Product (GDP), and Unemployment ratio compared to the populace.

<u>Reason for Important</u>

They are important because the information provided from them helps in grasping the state of the economy in the upcoming years. This data helps both the local and business individuals to make better decisions for their upcoming financial goals such as regarding the investment of capital, increase or decrease their employment level, buying property, etc.

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Answer:

Correct answer is: Present value of annuity due of $1 at 10% for 10 periods

10 annual payments to be made each of $6000 with the Discount factor of Present value of annuity due of $1 at 10% for 10 periods Freeman will get the initial value (Present value which is to be paid in future)

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Drag each label to the correct location on the table. Match the examples to the types of assets they represent.
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3 years ago
Galvin Corporation provides institutional food facilities with bread and other baked goods. The company does not actually produc
QveST [7]

Answer:

<u>Network </u>

Explanation:

A network type of organizational structure is characterized by a less hierarchical levels, with greater decentralization and more flexibility.

Such an organization is inter connected by informal social networks based upon the requirements of a task instead of a formal structure.

In this kind of organizational structure, reporting requirements ain't pre defined and it arises as per the need and as per the extent of coordination.  It promotes direct communication and eliminates bureaucracy as decision making does not require approval from multiple levels.

In the given case, the company does not actually produce or market the bread indicates the existence of intra-company networks which perform those tasks.

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