The position that describes Karl Marx's view of religion and society is his power with the connection to religion. Karl Marx as one of the most influential people in the history for he implemented various revolutionary actions which were condemned and criticized.
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.
A licensing firm is a firm that is offered the right to produce and market another firm's products if it agrees to specific operating requirements.
<h3>What is a licensing firm?</h3>
A firm, which does not have a product of its own, but specializes in production and marketing of its client firms' products by the way of obtaining a licensed agreement, it is known as a licensing firm.
For example, in India, Varun Beverages Ltd. is a licensing firm that has been offered the rights to produce and market the products for PepsiCo.
Hence, the significance of a licensing firm is aforementioned.
Learn more about a licensing firm here:
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Answer:
$100,890
Explanation:
To determine the value of the debt we must calculate the present value of the note:
present value = future value of the note / (1 + interest rate)⁵
present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685
present value = $100,890
Answer:
C is Currency in circulation
M1 is Coins, Currency, money is checking account, travelers checks etc. This basically include all units of money which are highly liquid and can be used at an instant.
M2 includes M1 and certain units of money which are less liquid e.g. savings, time deposits, term deposits etc.
Here, John is withdrawing $100 from his checking account and depositing in savings account hence this will decrease the M1 since M1 does not include savings account. There will not be any change in M2 since both checking and savings account are a part of that.
Since this transaction does not include currency in circulation, there will be no impact on C.
Explanation:
