Answer:
c. shoe leather cost.
Explanation:
During times of high inflation, interest rates usually go up. Money in the banks earns higher interest compared to when inflation is low. When the inflation rate is high, the prices of goods and services increase rapidly, resulting in a reduction in currency's purchasing power.
Individuals and firms opt to keep as little cash in hand as possible. Holding a lot of cash at such times is not prudent as banks offer high-interest rates. Keeping cash become costly due to currency depreciation. As firms and households keep most of the money in banks, they incur a lot of transport costs and time going to banks to withdraw cash for normal expenses. The time and transport costs incurred are referred to as shoe leather costs.
Answer:
share holder equity
Explanation:
it indicates how much of company's assets have been generated
Answer:
below
Explanation:
<h2><u>Multiple choice </u></h2>
If a college sets its tuition<u> below</u> the equilibrium tuition, then it will have to use some form of non price-rationing device to determine who will be accepted for admission to the college.
A will has legal impact after you have passes away and has to be filed with the court.
A living will is similar to a regular will be takes effect while you are still alive to figure out where your assets should be placed.
A trust is an agreement that allows a third party to hold the assets on behalf of a beneficiary.
A prenuptial agreement is an agreement made before a marriage that explains what should happen to their assets in the event their marriage does not last. This is common in famous people due to the amount of money they have.
I would say that it would simply be a businessman's interest group or an association such as the Association of Mineral Exploration in the province of British Columbia, Canada that is an advocacy group for the businessmen to ensure they get the ear of the provincial government and so they can be a lobby group too.
