Answer:
Prices need to be regulated and set by the government to prevent inflation.
Explanation:
Milton Friedman was a monetarist. Monetarists believe in the quantity theory of money which states that inflation is a direct result of the growth of the amount of money in an economy. One of the most famous quotes by Friedman is "Inflation is always, and everywhere, a monetary phenomenon".
Under this reasoning, Friedman proposed that the government should control the money supply in order to address and maintain a stable price level, in other words, low inflation.
Friedman policies were implemented in the U.S. since the late 1970s, and emulated in most other countries in the world. Ever since, the monetary policy of most countries in the world has been aimed at controlling inflation and keeping it low.
Answer:
Following are the responses to the given question:
Explanation:
Banks are just an integral aspect of an economy's flow of money. When a big steel factory fails, jobs and GDP will be lost, yet financing inside the economy would not be available because of the main banking collapse in decrease its availability of credit throughout the industry, a large bank is unable to do even more damage to the economy than a huge metal fabricator.
Answer:
Business Process Reengineering (BPR).
Explanation:
In Business Process Reengineering (BPR), when business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerned with cost or much lower-level employee input and decides to take a radical approach that involves a high risk and a lot of time, we can conclude that it has used the Business Process Reengineering (BPR).
Hence, Business Process Reengineering (BPR) is a strategic approach to evaluating and designing business processes and workflow in order to successfully achieve organizational set goals and objectives in product quality and output.
The Uniform Securities Act governs such actions and by performing these actions, the IAR has:
Performed an unethical business practice
Broken his fiduciary duty and created a conflict of interest
The Model Rule on Unethical Business Practices does not allow the loaning or borrowing of a client and an investment advisory representative or IAR because this may constitute a conflict of interest.
Answer:
PV= $15,291.74
Explanation:
Giving the following information:
Annual cash flow= $1,5000
Number of years= 20
Interest rate= 7.5%
To calculate the present value, first, we need to determine the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {1,500*[(1.075^20) - 1]} / 0.075
FV= $64,957.02
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 64,957.02/(1.075^20)
PV= $15,291.74
