Answer:
C) The central bank has been increasing the target interest rate at regular intervals and it is now at its highest level in eight years.
Explanation:
Since the central bank has been increasing the interest rates in Terbia, this means that it has been engaging in a contractionary monetary policy. In other words, the central bank has been decreasing the money supply in Terbia. If the money supply has been decreasing constantly during the last 8 years, then the high inflation rate cannot be caused by an increase in the money supply.
Personal selling is considerably less effective than other forms of promotion in obtaining a sale and gaining a satisfied customer is <u>False</u>
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Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.
A salesman can use personal selling, a face-to-face selling method, to convince a consumer to purchase a specific product by utilizing his or her interpersonal abilities. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities. There are two primary routes via which personal selling can be done.
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<span>Supply-side economics is the economic theory that Ronald Reagan base his policies upon after becoming President in 1980.Supply side economics theory is about being focus on the capital or supply in order to grow the economy. It is also called as macroeconomics theory.</span>
Answer:
$21,250
Explanation:
Calculation to determine the ending balance in the inventory account
Using this formula
Cost of goods sold = Opening Inventory + Purchase during the year - Ending balance of inventory
Let plug in the formula
$28,000 = $15,250 + $34,000 - Ending balance of inventory
Ending balance of inventory = $49,250 - $28,000
Ending balance of inventory = $21,250
Therefore the ending balance in the inventory account is $21,250
