state the law of one price. how is it related to the movement of manufacturing out of the united states?
Answers
According to the law of one price, salaries in one nation should not differ greatly from wages in another institutionally similar country.
Explanation on Law of one price.
The Law of One Price (LOOP) stipulates that the price of similar commodities must stay the same around the world, regardless of geographical location. It occurs when there is open competition, pricing flexibility, and no trade frictions.
According to the law, identical commodities should have the same selling price when stated in the same currency. The economic theory is based on a number of assumptions and is largely relevant to various commodities sold on financial markets. It also serves as the foundation for many economic ideas. In the absence of competitive resistance, the price of every commodity will be the same, as per the law of one price. By removing price variations through prospects for market trading, the law of one price is attained. The asset's price would ultimately converge under the influence of market equilibrium forces.
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Related Questions
The best reason to record income at the top of a budget is
a. to easily add expenses to it.
b. to know how much money is available.
c. to avoid spending too much money.
d. to see that is is more important than expenses.
Answers
B) To know how much money is available.
You can clearly see how much money you have available to spend or save by listing revenue at the top of a budget.
Making judgments on how to divide your money and prioritize your expenses requires knowledge of this information.
You may see how much money is available to cover your bills, pay off debts, and save for the future by putting revenue at the top of your budget.
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4. Should the revelation that Tucker's chief financial officer had been convicted of
embezzlement affect the assessment of Tucker? Why or Why not?
Answers
Yes, as it would probably affect how Tucker was perceived if it were made public that his top economic officer had been found guilty of embezzlement.
The meaning of finance:Finance is the term used to describe the process of obtaining finance for all types of expenditures. It entails allocating various financial sources, including credit, leases, and investment capital, to the companies that can utilize them most efficiently.
On the other hand, even if the embezzlement happened before the person joined Tucker and the business was not aware of a criminal record, this might still be detrimental to Tucker's recruiting and screening procedures.
In conclusion, the disclosure of the corruption conviction would probably have an impact on how Tucker is perceived as a firm and raise questions about its ethics, management style, and financial viability.
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Suppose that the fish cannery could use a different production method that involves recycling water. This would reduce the pollution in the river to levels safe for recreation, and the campground would no longer be affected. If the fish cannery uses the recycling method, then the fish cannery's economic profit is $1,800 per week, and the campground's economic profit is $2,800 per week. If the fish cannery does not use the recycling method, then the fish cannery's economic profit is $2,300 per week, and the campground's economic profit is $2,000 per week. These figures are summarized in the following table.
Complete the following table by computing the total profit (the fish cannery's economic profit and the campground's economic profit combined) with and without recycling.
ActionFish Cannery ProfitsCampground ProfitsTotal ProfitsNo Recycling2,3002000.0(A)Recycling1,8002800.0(B)
Total economic profit is highest when the recycling production method is (C) _____ .
When the fish cannery uses the recycling method, the campground earns (D) _____ more per week than it does with no recycling. Therefore, the campground should be willing to pay up to $800 per week for the fish cannery to recycle water. However, the recycling method decreases the fish cannery's economic profit by (E) _____ per week. Therefore, the fish cannery should be willing to use the recycling method if it is compensated with at least $500 per week.
Suppose the campground has the property rights to the river. That is, the campground has the right to a clean (unpolluted) river. In this case, assuming the two firms can bargain at no cost, the fish cannery will (F) _____ the recycling method and will pay the campground (G) _____ per week.
Now, suppose the fish cannery has the property rights to the river, including the right to pollute it. In this case, assuming the two firms can bargain at no cost, the fish cannery will (H) _____ the recycling method, and the campground will pay the fish cannery (I) _____ per week.
The fish cannery will make the most economic profit when (J) _____.
Answers
Total economic profit is highest when the recycling production method is (B) used.
When the fish cannery uses the recycling method, the campground earns (D) $800 more per week than it does with no recycling. Therefore, the campground should be willing to pay up to $800 per week for the fish cannery to recycle water. However, the recycling method decreases the fish cannery's economic profit by (E) $500 per week. Therefore, the fish cannery should be willing to use the recycling method if it is compensated with at least $500 per week.
Suppose the campground has the property rights to the river. That is, the campground has the right to a clean (unpolluted) river. In this case, assuming the two firms can bargain at no cost, the fish cannery will (F) use the recycling method and will pay the campground (G) $500 per week.
Now, suppose the fish cannery has the property rights to the river, including the right to pollute it. In this case, assuming the two firms can bargain at no cost, the fish cannery will (H) not use the recycling method, and the campground will pay the fish cannery (I) $500 per week.
The fish cannery will make the most economic profit when (B) using the recycling production method.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
Answers
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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one of the basic frameworks used to describe how environments affect organizations is:_____.
Answers
Complexity and change in the environment. Homeostasis is the adaptation of an organism's internal or external processes to environmental change.
Environmental change and complexity serve as the fundamental basis for describing how environments impact organisations. This framework takes into account the numerous aspects of the outside environment that can have an effect on an organisation , including economic, technological, political, and social aspects. The framework emphasises how adaptability and flexibility are essential for firms to respond to changes in their environment and keep a competitive edge. The impact that a group can have on a person or organisation is described as influence group pressure, in contrast. This has an effect on how companies behave and make decisions, but it is not the same as the environmental change and complexity framework.
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A passive fund manager would be most likely to do which of the following ?A- Research the stocks in the benchmakr's portfolio extensively so as to align with itB- Align with both the market and individual funds by using competitive informationC- Beat the Benchmark Index performance by achivieng a higher returnD- Match the fund's performance to the benchmark index 's performance
Answers
A passive fund manager would be most likely to do Match the fund's performance to the benchmark index's performance. Thus the correct option is D.
What is a Passive fund?Funds that are managed passively stick to an index. High turnover may potentially be a problem for passively managed funds since the fund will experience it if the index experiences it. It results in lower risk, flexibility, effective tax rates, and ease of use.
An objective of a passive fund manager is to monitor the performance of a specific index or stock market. The index that passive managers are seeking to track and use to rebalance the fund are at odds with one another.
Therefore, option D is appropriate.
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Suppose that the local daily demand for iced coffee drinks is given by the demand function: Q=300-25P, where P is the price of an iced coffee drink.
a. Construct this demand curve in black. Place the quantity of iced coffee drinks demanded on the horizontal axis and the price of an iced coffee drink on the vertical axis.
b. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. What is the new demand function (i.e., equation)?
c. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. Construct the new demand function in blue.
Answers
a. To construct the demand curve, we can first use the demand function provided, Q=300-25P. To plot this on a graph, we can plug in different values of P to find the corresponding values of Q. For example:
When P = 0, Q = 300-25(0) = 300
When P = 1, Q = 300-25(1) = 275
When P = 2, Q = 300-25(2) = 250
We can plot these points on a graph with Q on the horizontal axis and P on the vertical axis, and connect them to form the demand curve.
b. The new demand function would be Q = 250-25P.
c. To construct the new demand function in blue, we can start with the same process as before, using the new demand function, Q = 250-25P.
For example:
When P = 0, Q = 250-25(0) = 250
When P = 1, Q = 250-25(1) = 225
When P = 2, Q = 250-25(2) = 200
We can plot these points on the same graph as before, but this time use blue color to distinguish it from the previous demand function.
We know that it is possible to hire someone who is a "bad apple," but there are cases where the "bad apple" can actually be created by the company culture. True or False
2.Some people can claim ______, which is when they say that they were "just following orders."
conflicts of interest
paycheck blindness
conformity bias
obedience to authority
3.Which statement about agency theory is true?
all of the above
the role of the agent is to act in the best interest of the principal
none of the above
A principal is hired by an agent to do the work that the agent would not otherwise do
The principal’s self-interest can conflict with the ethical duty of the agent
4.
Marjoram hires Ross to sell cars, and then she tells him that continued employment is contingent on consistently meeting and exceeding his monthly quotas. She then says, "I don’t care how you do it. Just sell the cars." Why is this a moral hazard?
because he is the principal and it is his job to look out for the agent
because there is no apparent consequence if he lies to sell cars
this is not a moral hazard
because there is a lack of diversity and transparency
5.
It can be argued that a CEO whose compensation is equal to 475 average employees is damaging to shareholders because money that could be re-invested in the company is being spent elsewhere.
True
False
Answers
1. True. It is possible to hire someone who is a "bad apple," but there are cases where the "bad apple" can actually be created by the company culture.
2. Obedience to authority. Some people can claim obedience to authority, which is when they say that they were "just following orders."3. The statement "The principal’s self-interest can conflict with the ethical duty of the agent" is true about agency theory.4. This is a moral hazard because there is no apparent consequence if he lies to sell cars.5. True, it can be argued that a CEO whose compensation is equal to 475 average employees is damaging to shareholders because money that could be re-invested in the company is being spent elsewhere.
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Why should you understand what you can and cannot copyright?
Answers
Answer:
Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.
Explanation:
Answer:
So that therefore you wouldn't be fined of plagiarism of any kind.
Explanation:
If you could franchise a business - what business would you choose? (2-3 sentences)
Answers
Answer:
I would choose the Franchise Dunkin Donuts since many people get hungry in the morning. And since plenty of people work in the day times. It would be a mastermind full proof plan of sweet success.
Explanation: In Russia dog does not eat your homework, I do.
Thirsty Dog! Is a zesty beef-flavored, vitamin-enriched, mineral-loaded, lightly carbonated bottled water for your dog. It might have been a great product, but competition over shelf space was fierce and the product could not generate enough sales per square foot for retailers. The makers of this product had
Answers
Superior corp. applies manufacturing overhead to production at 65% of direct labor cost. during the year ended 20xx, manufacturing overhead of $129,220 was applied to production; actual manufacturing overhead was $156,500. ending work in process inventory was $22,440 and ending finished goods inventory was $31,020. work in process inventory increased by 20% during the year and finished goods inventory increased by 10% during the year. unadjusted cost of goods sold was $574,300. complete the following schedule:
Answers
Direct Labor Cost = $198,800
Beginning finished goods inventory = $28,200
Overhead = $27,280
COGM = $577,120
Current Manufacturing Cost = $249,100
Adjusted Cost of goods sold = $601,580
Working Notes:
(i) Direct labor cost = Overhead applied / direct labor cost applied to overhead as a percentage
Direct Labor Cost = 129220 / 0.65
Direct Labor Cost = $198,800
(ii) Beginning work in process = Ending WIP / (1 + percent increase)
Beginning WIP = 22440 / (1 + 0.20) = 22440 / 1.20
Beginning WIP = $18,700
Beginning finished goods inventory = 31020 / (1 + 0.10) = 31020 / 1.10
Beginning finished goods inventory = $28,200
(iii) Underapplied / Overapplied overhead = Actual OH - applied OH
Overhead = 156500 - 129220
Overhead = $27,280
(iv) Cost of Goods manufactured = Cost of products sold without adjustment + Ending finished goods inventory - Beginning Finished goods inventory
COGM = 574300 + 31020 - 28200
COGM = $577,120
(v) Current manufacturing cost = cost of goods manufactured + Ending WIP - Beginning WIP
Current Manufacturing Cost = 577120 + 22440 - 18700
Current Manufacturing Cost = $580,860
(vi) Direct material used = Current manufacturing cost - direct labor -overhead applied
Direct Material = 599560 - 198800 - 129220
Direct Material = $252,840
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Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for few months until his credit
history improves. Which explains whether Fido is making a sensible decision?
O Fido's decision is sensible because the selling price of the car should be less in a few months.
• Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
O Fido's decision is not sensible because he needs the car right away.
• Fido's decision is not sensible because it does not matter if he buys the car now or in a few months.
Answers
Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
What should you do if this is your first time financing a car?Calculate the payment you can afford.
Learn what factors affect loan acceptance.
Pre-approve for a loan and compare rates.
Do some research before purchasing an automobile.
Get ready for the dealer.
What kind of credit has easy access?Very short-term loans with typically very high interest rates are referred to as easy access credit. It's a polite way of stating title loans, payday loans, or transactions at pawn shops.
What contributes to the development of a bad credit history?Pay less than the bare minimum.
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so whos gonna help me with my family and consumer science finals :/
Answers
What is the purpose of a headline?
O introduce the text
O indicate the page or section break
o reduce the need for graphics
o divide the document
Answers
Estimates of what revenues and costs should have been based on the actual level of activity are shown on the budget.
Answers
The estimates of what revenues and costs should have been based on the actual level of activity are shown on the flexible budget.
What is budget?It should be noted that budget simply means an estimate of the revenue and expenditure for a given period.
In this case, the estimates of what revenues and costs should have been based on the actual level of activity are shown on the flexible budget.
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What factors is your credit score based on?
Answers
Credit score is based on factors such as the total amount you owe, the kind of accounts you have, and the ratio of your total debt to your available credit.
A higher score means you're more likely to get approved for a loan or credit card and to get better interest rates. A lower score means you're more likely to get denied for a loan or credit card and to pay higher interest rates.
Your credit score is a number that represents your creditworthiness. It is used by lenders to determine whether you are a good candidate for a loan and what interest rate you will be offered.
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The data set data ksubs.csv contains information on net financial wealth (nettf a), age of the survey respondent (age), annual family income (inc), family size (fsize), and participation in certain pension plans for people in the United States. The wealth and income variables are both recorded in thousands of dollars. In particular, the variable e401k is equal to 1 is the person is eligible for 401k, a retirement savings plan sponsored by the employer, and 0 otherwise. (a) Create a scatter plot of nettf a against inc. Can you observe any visible correlation between nettf a and inc? Do you think that a regression of nettf a on inc may feature heteroskedasticity? Explain. (b) Suppose that the Least-Squares assumptions are satisfied and estimate the following regression model: nettf ai = β0 + β1male + β2e401k + β3inci + β4agei + ui , i = 1, . . . , n. (2) Report the estimated values of the regression coefficients and discuss their signs (if it is or it is not as expected), their (heteroskedasticity robust) standard errors, and significance level. (c) We now introduce some additional variables and some nonlinearities in the model. We add the square of age (agesq), the square of income (incsq), a dummy for the individual being married (marr), and the household size (fsize). We thus estimate the following model. nettf ai =β0 + β1male + β2e401k + β3inci + β4agei (3) +β5incsqi + β6agesqi + β7marri + β8fsizei + ui , i = 1, . . . , n. Obtain the OLS estimators of the regression coefficients and their (heteroskedasticity robust) standard errors. Compare the new estimators with those obtained in (b). How have they changed? Compare the adjusted R2 in this model and in model (2). (d) Based on the model specified in (c), derive the marginal effect of age on netff a, and explain its meaning. What is the effect of increasing age of one unit on net financial assets for a person that is 30 year old? How about the same effect for a person that is 65 year old? GIVE R CODE OF THE QUESTIO
Answers
It requires performing various statistical analyses and providing the R code.
To create a scatter plot of nettf a against inc, we can use the data set data ksubs.csv and plot the variables nettf a and inc on the x and y axes, respectively. By visualizing the scatter plot, we can observe any visible correlation between nettf a and inc. Whether a regression of nettf a on inc may feature heteroskedasticity can be determined by examining the dispersion of the data points around the regression line. If the dispersion of the residuals increases or decreases systematically as the values of inc change, it indicates heteroskedasticity.
To estimate the regression model specified in equation (2), we need to use the Least-Squares method and satisfy the assumptions of linearity, independence, homoscedasticity, and normality of residuals. After obtaining the estimated values of the regression coefficients (β0, β1, β2, β3, and β4), we can discuss their signs and interpret their implications. Additionally, the heteroskedasticity-robust standard errors and significance levels of the coefficients should be reported to assess their statistical significance.
In equation (3), additional variables and nonlinearities are introduced. The OLS estimators of the regression coefficients (β0, β1, β2, β3, β4, β5, β6, β7, and β8) and their heteroskedasticity-robust standard errors should be obtained. A comparison between the estimators in model (3) and model (2) should be made to analyze the changes. The adjusted R2 values in both models can be compared to assess the goodness of fit.
To derive the marginal effect of age on nettf a, we need to differentiate the regression equation with respect to age and interpret its meaning. This will provide insights into the effect of increasing age on net financial assets for individuals at different ages, such as 30 years old and 65 years old.
Finally, the R code for performing these analyses and obtaining the results should be provided to replicate the findings.
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if the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? in units of chairs and bar stools? (round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)
Answers
To find the break-even point, we first need to determine the contribution margin per unit. The contribution margin is the amount of money left after subtracting the variable costs from the sales price. In this case, let's assume that the sales price for a chair is $C and for a bar stool is $B.
The contribution margin per chair can be calculated as follows:
Contribution Margin per Chair = Sales Price per Chair - Variable Cost per Chair
Similarly, the contribution margin per bar stool can be calculated as follows:
Contribution Margin per Bar Stool = Sales Price per Bar Stool - Variable Cost per Bar Stool
Once we have the contribution margins per unit, we can calculate the break-even point in units and dollars.
Finally, we calculate the break-even point in dollars:
Break-even Point in Dollars = 417 * $100 + 1667 * $50 = $41,700 + $83,350 = $125,050
Rounding the break-even point to the nearest whole number, the break-even point in dollars of sales is $125,050.
In summary, if the sales mix changes to 1:4 (one chair sold for every four bar stools sold), the break-even point in dollars of sales would be $125,050. This corresponds to selling 417 chairs and 1667 bar stools.
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Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.
Answers
Answer:
Answer C
Explanation:
Answer:C)
Explanation:just got it right<3
Who is responsible for reporting all taxable income even if it does not appear on a W-2 form?
Answers
Answer:
IRS
Explanation:
"Write an essay on the conservation of protected areas of the United Arabs Emirates in terms of:
1- Laws
2- Stratigies
Note: All students must write the information as an essay then
make it into a Power"
Answers
We have that, the conservation of protected areas in the United Arab Emirates is crucial to preserve the biodiversity and natural resources of the country. To achieve this, the government has implemented various measures and initiatives to safeguard these areas.
Some ways the UAE is conserving protected areas include:
Establishment of national parks and reserves, such as the Dubai Desert Conservation Reserve and Wadi Wurayah National Park.Enforce strict rules and penalties for illegal activities within protected areas, such as hunting or fishing.
Educate and sensitize the public about the importance of conservation through campaigns and initiatives.
Collaborate with international organizations to exchange knowledge and experiences on conservation practices.
By prioritizing the conservation of protected areas, the UAE not only preserves its natural heritage, but also promotes sustainable development and ecotourism. It is crucial that these efforts continue to ensure the long-term survival of these valuable ecosystems.
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Groups that have a strong interest in the success and outcomes of a business, such as employees, neighbors, or government regulators, are called
Answers
Stakeholders are those groups that have a strong interest in the result of the project or a business.
What are stakeholders?A stakeholder is a person or a group that has a vested interest in the course or outcome of a business and has a direct or indirect effect on the business or participates in it in one way or another.
Characteristics of stakeholders:It is any internal and/or external person or organization that has or may have the capacity to affect the activity of the organization.Stakeholders are members of the organization itself (managers, employees, shareholders), suppliers, consumers, neighbors and the market.Therefore, we can conclude that all stakeholders can be classified according to their interest in the company's mission.
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The most complete type of ownership in real estate is
a. Fee on condition.
b. Life estate.
c. Qualified fee.
d. Fee simple
Answers
The most complete type of ownership in real estate is fee simple (option D). Fee simple ownership, also known as absolute ownership, grants the owner the fullest possible rights and privileges to the property.
This means that the owner has the right to use, sell, lease, or even destroy the property as they see fit. Additionally, fee simple ownership is inheritable, meaning that the owner can pass the property down to their heirs or sell it to another party.
In contrast, the other options listed have certain limitations or conditions attached to the ownership. For example, a life estate grants ownership only for the lifetime of the owner, after which the property reverts to the original owner or their heirs. A qualified fee allows for ownership, but with certain restrictions or conditions attached. And a fee on condition grants ownership only if certain conditions are met.
In summary, fee simple ownership is the most comprehensive type of ownership in real estate. It provides the owner with complete control over the property and the ability to transfer ownership to others. Therefore, the right answer is option D.
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the relationship between t-bill interest rates and the federal funds rate can be described best by which of the following statements? group of answer choices the federal funds rate is usually several percentage points higher than t-bills rates. t-bill rates have no relationship with the federal funds rate. t-bills rates and the federal funds rate are nearly the same. t-bill rates are, by definition, always higher the the federal funds rate.
Answers
The relationship between t-bill interest rates and the federal funds rate can be described the best t-bill rates have no relationship with the federal funds rate. t-bills rates and the federal funds rate are nearly the same. Thus, option (c) is correct.
The federal funds rate has a stronger impact on T-bill yields. Only the short-term interest rate known as the federal funds rate, which is located at the extreme left of the curve, is directly under the authority of the Federal Reserve.
The term price of Treasury bonds and the federal funds rate have a strong inverse relationship. Other short-term rates of interest rates across the nation's economy are most directly influenced by the Fed funds rate.
Therefore, option (c) is correct.
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find the principal if $245 in interest is due after 10 months at
7%.
Answers
The principal amount is $350. The principal is the first amount of cash on which premium or returns are determined. With regards to back and speculations, the principal alludes to the underlying measure of cash that is contributed, acquired, or advanced. It is the first amount of cash on which premium or returns are determined.
For instance, in the event that you store $1,000 into an investment account, the $1,000 is the principal amount. While computing revenue acquired on this record, the loan fee is applied to the head.
To find the head, we can utilize the basic interest recipe:
Premium = Head × Rate × Time
Where:
Interest = $245
Rate = 7% or 0.07 (decimal structure)
Time = 10 months
We should substitute these qualities into the recipe and address regards for the head:245 = Head × 0.07 × 10 In the first place, we can work on the situation:245 = Head × 0.7
Then, partition the two sides of the situation by 0.7: 245/0.7 = Head
Working on the division, we get: 350 = Head
In this manner, the principal amount is $350.
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If you spend $15 a week on coffee, what would be the future value of that amount over 10 years if instead of buying coffee you saved the money at the end of each year in an account with 3% APY?
Answers
Answer:
$ 19.5
Explanation: If you save $15 instead of spending it on coffee, you would be receiving simple interest of 3% pa for 10 years. At the end of the tenth year the total interest amount you would receive would be 30% of $ 15 ie; $ 4.5
3% pa for 10 years = 30% at the end of 10 years
30% of $ 15 = $ 4.5
The aggregate amount saved at the end year is
$15 + $4.5 = $19.5
__________ showed that people learn to behave in certain ways because of reinforcement. A. John B. Watson B. B. F. Skinner C. William James D. Sigmund Freud Please select the best answer from the choices provided
Answers
Answer:
The answer is B.F. Skinner.
Explanation:
B.F. Skinner showed that people learn to behave in certain ways because of reinforcement. He is considered the father of this theory. Conversely, Sigmund Freud proposed classical conditioning.
B. F. Skinner howed that people learn to behave in certain ways because of reinforcement. According to research by B.F. Skinner, reinforcement is the reason why people learn particular behaviours. He is regarded as the originator of this theory. Sigmund Freud, on the other hand, advocated classical conditioning. Hence, option B is correct.
What is BF Skinner most famous for?BF Skinner, The foundation of B.F. Skinner's theory, is the idea that learning is a result of altering overt behaviour. A person's response to external circumstances leads to changes in behaviour.
The effect of American psychologist B. F. Skinner on behaviourism is well acknowledged. Free will is essentially only an illusion, according to Skinner, who referred to his own philosophy as "radical behaviourism.
Thus, option B is correct.
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When the business cycle or economic activity is declining, the economy is said to be in....?
A
the trough
B
contraction
C
expansion
D
recovery
Answers
contraction is to decline the answer is B
Which savings account will earn you the most money?
1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.
Answers
Answer:
one that earns simple interest daily
The savings account that earn you the most money is: 3.One that earns simple interest daily.
What is savings account?
Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.
A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.
Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.
Learn more about savings account here:https://brainly.com/question/25787382