Summarise the five (5) types of directors in incorporated companies.

1 answer:

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Alternate director, chair, de facto director, executive director, non-executive director, independent director, lead director, managing director, nominee director and shadow director.

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If Keynes’ law applies during economic contractions and Say’s law applies during economic expansion, how will the three goals of

Lelu [443]

Answer:

Answer is option a, i.e. trade-offs and connections may differ in short run and the long run.

Explanation:

Keynes' law in economics and Say's law in economics are contradictory in their perspective. Where Keynes' law says that it is the demand that creates the supply, on the other hand, Say's law states that its the supply that tends to create the demand. But, we cannot neglect any of the above facts as demand and supply cant operate independently. So, on combining the two laws, we happen to take both the given laws into account. Also, it is found that Keynes' law is more appropriate and accurate for the short-run whereas, Say's law is for the long run. This thus creates trade-offs and connections that differ in the short-run and long-run by affecting the three important goals of macroeconomics, i.e. higher standard of living, low inflation, and low unemployment.

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3 years ago

Partially completed goods that are in the process of being converted into a finish product are defined as Select one: A. convers

fomenos

Answer:

B. work-in-process inventories.

Explanation:

Partially completed goods that are in the process of being converted into a finish product are defined as work-in-process inventories.

Generally, the work-in-process inventories include the following raw materials cost, direct labor cost and factory overhead cost.

These category of products are only partially completed and as such are waiting for further processing, still undergoing fabrication or kept in a buffer storage.

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2 years ago

If the elderly consume the same market basket as other people, then Social Security would have an uncertain impact on their stan

laiz [17]

Answer: b false

Explanation:

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2 years ago

Education Planning: Suppose you have just had your first child and you want to begin saving for their college education. You est

luda_lava [24]

To obtain $225,000 in 18 years it is necessary to save or invest at least 1,041.66 every month and 12,500 every year.

We know the total money that needs to be saved to cover college education is $225,000 and the time to save up this money is 18 years. Based on these two details, let's find out how much you need to save every month and every year.

Total of months:

12 months x 18 years = 216 months.

The total you need to save per month:

$225,000 / 216 = 1,041.66.

The total you need to save per year:

1,041.66 x 12 = 12,499.99 that can be rounded as 12,500.

Note: This question seems to be incomplete; however, I answered it based on the information provided.

Learn more in: brainly.com/question/11508361

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2 years ago

Why is efficiency an important economic goal?

Nookie1986 [14]

Explanation:

Efficiency reduces hunger and malnutrition because goods are transported farther and quicker. Also, advances in efficiency allow greater productivity in a shorter amount of time. Efficiency is an important attribute because all inputs are scarce.

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2 years ago