Answer: Business relationship
Explanation: In simple words, business relationship refers to the relationship between two parties that totally depends on the factor that what those two parties are getting from that relationship.
These are actually not friendships but an arrangement under which both the parties are highly dependent so they arrange a strong mutual understanding for business of each other. However, such understanding can change with the changing business environment.
Thus, from the above we can conclude that the correct option is C.
Effect 1: Your money will plummet down
Effect 2: you won't have much to invest to help you get back economically
Effect 3: Your business with foreclose
Effect 4: Your house bills won't be paid because your business was closed.
Answer:
Implementation lag
Explanation:
there are four types of lags associated with fiscal policy
Administrative lag is the time it takes to enact the needed policies. Operational lag is the time it takes for the policy to be enacted to the time the effects are felt in the economy
Recognition lag is the amount of time it takes for authorities to recognise a problem in the economy that needs fiscal policy intervention.
Implementation lag is the amount of time it takes for fiscal policy decisions to be implemented.
Answer:
a) Information.
Explanation:
To know and understand customer behavior and making decisions based on that is fundamental for any successful business.
Answer:
To check against high inflation rate
Explanation:
Inflation is the steady increase in the prices of goods and services in the economy per period. Inflation is associated with economic growth. Naturally, as the economy grows, the prices of different products and services tend to increase.
When the economy is growing at a fast rate, the inflation rate tends to increase. A rise in the inflation rate means prices are increasing at a high rate. When prices are unstable, planning and budgeting become challenging for individuals, firms, and the government. Inflation erodes the strength of a currency, which causes unstable prices and other economic challenges. The Federal Reserve keeps monitoring inflation and applies appropriate monetary policies to regulate economic growth and the inflation rate.