The statement is "false".
The Employee Retirement Income Security Act secures the
retirement resources of Americans by executing rules that qualified plans must
take after to guarantee design trustees don't abuse plan resources. Under
ERISA, plans must provide members with data about arrangement highlights and
financing, and outfit data routinely and for nothing out of pocket.
ERISA additionally sets least benchmarks for interest,
vesting, advantage collection and subsidizing. The law characterizes to what
extent a man might be required to work before getting to be plainly qualified
to take an interest in an arrangement, to collect advantages and to have a non-forfeitable
appropriate to those advantages. It additionally sets up point by point
subsidizing decides that require design patrons to give sufficient financing to
the arrangement.
Answer:
The correct answer is: enter the market; exit the market.
Explanation:
In a perfectly competitive market, there is no restriction on entry and exit of firms. So profits will attract other potential firms to join the market. And when the existing firm incurs losses it will cause them to stop operating and exit the market.
Because of this, the firms in competitive settings are motivated to produce at a low cost and they come up with new ideas to please customers so that they earn a profit.
Answer: Capital investment in new machinery
Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.
It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products
Answer: $31,513.65
my monthly payment (principal) would be closest to $31,514
Explanation:
Using compound interest formula below to find the principal
A = p (1 + r/n)^nt
A= amount = $34,000
r = annual nominal rate = 1.9% = 0.019
n = number of compounding ; monthly compounding means 12 interest payments in a year
P= principal
t= time in years 48months = 48/12years = 4years
34,000 = p (1 + 0.019/12)^12(4)
34,000 = p (1 + 0.00158333333)^48
34,000 = p ( 1.00158333333)^48
34,000 = 1.07889755p
Divide both sides by 1.07889755
P = $31,513.6502
≈$31,514 to nearest whole number.
Answer:
The correct option is A
Explanation:
Transaction costs are the whole array of costs associated with selling, buying, transferring goods etc.
Transaction costs can be of different types which are:
- search costs
- monitoring costs
- Bargaining costs
- transfer costs etc.
