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Slav-nsk [51]
3 years ago
8

In open economies, A. countries can save only by acquiring foreign wealth. B. investment always refers to the domestic stock mar

ket. C. unlike the case of a closed economy, saving and investment are not necessarily equal. D. saving and investment are necessarily equal contrary to the case of a closed economy. E. as in a closed economy, saving and investment are not necessarily equal.
Business
1 answer:
ohaa [14]3 years ago
8 0

Answer:

C. unlike the case of a closed economy, saving and investment are not necessarily equal

Explanation:

An open economy occurs when international businesses in addition to domestic ones engage in trading activities.

Exchanges that occur may be for management expertise, goods and services, or technology.

In contrast a closed economy is one where there is no buying or selling with international businesses.

In an open economy people can put their savings in investment outside of the country. So domestic investment is usually not equal to savings.

However in a closed economy. All the savings are invested locally, so investment is usually equal to savings

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vodomira [7]
Strategic planning is an Analytical approach through which strategic choices can be assessed.
6 0
3 years ago
When a group wants to achieve a consensus or unanimous decision, the responsibility of the chair is to be constantly attentive t
Dmitriy789 [7]

Answer:

The correct answer is Introduce unnecessary ground rules or let the parties suggest them to distract. Introduce internal information that will help illuminate the issues and interests.

Explanation:

The decision by consensus is a decision process that seeks not only the agreement of the majority of the participants, but also pursues the objective of resolving or mitigating minority objections to reach the most satisfactory decision. At the same time consensus means: a) a general agreement, b) a process to reach that agreement. Decision-making by consensus is primarily about the process.

It has been said that true consensus implies "meeting everyone's needs." Decision-making by consensus attempts to denigrate the role of factions or parties and promote the expression of individual voices. The method also increases the probability of unforeseen or creative solutions by juxtaposing dissimilar ideas, as it seeks to minimize the objection; It is very popular in voluntary organizations, where decisions are made when there is generally broad approval. The consensus method is desirable when it is unlikely to force compliance with the decision, just as if each participant independently adopted the same unanimous decision.

7 0
4 years ago
Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou
salantis [7]
The correct option is D.
Checking account is appropriate for Jorge in this situation because he plans to remove the money from his account in a few weeks time.
The major difference between saving account and checking account is that, saving account is majorly used to save and accumulate money for a medium or long time goals or for emergencies. The banks can count on the money staying in saving account for some time and a great part of it is not hold on reserve.
But a checking account is an instant access account. Money put in this account are usually hold in reserve by the banks because the owners can decided to withdraw at any time; banks can lend out money from checking accounts, so they make money on the accounts by charging fees.
4 0
4 years ago
Consider the following data that gives the quantity produced and unit price for three different goods across two different years
zloy xaker [14]

Answer:

$5400

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

($2 x 600) + ($4 x 900) + ($2 x 300) = $5400

6 0
3 years ago
When should a transfer of receivables be recorded as a sale? The buyer surrenders control of the receivables to the seller. The
miskamm [114]

Answer:

The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.

Explanation:

The code for transfer of receivable provisions, allows creditor of a debt to have the right to transfer his/ her receivable right to another person, provided that the transaction is permitted by the law/ contract nature of business. Transfer of receivables permit the third person/ party to be included in the relationship that exist between debtor and creditor, and this allows him/ her to near the title of creditor.The receivable must be an existing one before the receivable transfer can be possible. It should be noted that for transfer of receivables be recorded as a sale, The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.

3 0
3 years ago
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