which of the following is an accurate description of a dual banking system? government protection from losses may occur if a bank becomes insolvent or fails. there exists a system in which bank charters are granted by both the government and private licensing organizations. the government grants charters to banks. government permission is needed to establish and operate a depository institution.
Answers
The correct answer is option B. There exists a system in which bank charters are granted by both the government and private licensing organisations is an accurate description of a dual banking system.
The Office of the Comptroller of the Currency, various state governments, or the federal government can all give bank charters under the dual banking system in the United States. Depending on which agency awarded the charter, this system enables banks to have various rules, charges, and limits.
Federally chartered banks might have more access to services like the Federal Reserve's discount window, whilst state-chartered banks might have more latitude with regard to local laws.
Due to the dual banking system, customers have additional options when selecting a financial institution because different types of banks can coexist side by side.
Complete Question:
Which of the following is an accurate description of a dual banking system?
A) Government protection from losses may occur if a bank becomes insolvent or fails.
B) There exists a system in which bank charters are granted by both the government and private licensing organisations.
C) The government grants charters to banks.
D) Government permission is needed to establish and operate a depository institution.
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Related Questions
________ is defined as reciprocal faith in others' intentions and behaviors. a. cooperation b. trust c. cohesiveness d. unity e. fairness
Answers
Trust is defined as reciprocal faith in others' intentions and behaviors. Therefore, the correct answer option is: b. trust.
What is psychology?Psychology can be defined as the scientific study of both the consciousness and unconsciousness of the human mind such as feelings, emotions and thoughts, so as to better understand how it functions and affect human behaviors in contextual terms.
What is behavior?In Psychology, behavior can be defined as the unique characteristics or qualities that depicts how a person conduct himself or herself, especially towards others and in certain circumstances such as when intoxicated, excited, joyful, suffering from a sickness or illness, etc.
In Psychology, trust simply refers to a form of reciprocal faith in the intentions and behaviors of another person or group of persons (people).
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c. suppose you deposited the $1,000 in 4 payments of $250 each at the end of years 1, 2, 3, and 4. how much would you have in your account at the end of year 4, based on 8 nnual compounding?
Answers
If the $1,000 was deposited in four payments of $250 each at the end of years 1, 2, 3, and 4, the total future value of the investment at the end of year 4, based on 8 annual compounding, would be $1,115.72.
Assuming an annual interest rate of 8% compounded annually, the future value of a lump-sum investment of $1,000 made at the beginning of year 1 would be:
\(FV = PV \times (1 + r)^n = $1,000 \times (1 + 0.08)^4 = $1,360.49\)
Now, suppose that the $1,000 was deposited in four payments of $250 each at the end of years 1, 2, 3, and 4. In this case, we can calculate the future value of each payment individually and add them up to get the total future value of the investment at the end of year 4.
The future value of the first payment of $250 made at the end of year 1 would be:
\(FV1 = PV \times (1 + r)^n = $250\times (1 + 0.08)^3 = $310.13\)
The future value of the second payment of $250 made at the end of year 2 would be:
\(FV2 = PV \times (1 + r)^n = $250 \times (1 + 0.08)^2 = $285.22\)
The future value of the third payment of $250 made at the end of year 3 would be:
\(FV3 = PV \times(1 + r)^n = $250\times (1 + 0.08)^1 = $270.37\)
The future value of the fourth payment of $250 made at the end of year 4 would be:
\(FV4 = PV \times (1 + r)^n = $250 \times (1 + 0.08)^0 = $250\)
Adding up the future values of all four payments, we get:
Total FV = FV1 + FV2 + FV3 + FV4 = $310.13 + $285.22 + $270.37 + $250 = $1,115.72
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You would have $1,126.95 in your account at the end of year 4. If you deposited $1,000 in 4 payments of $250 each at the end of years 1, 2, 3, and 4, and assuming an annual interest rate of 8% compounded annually.
The calculation would be as follows:
At the end of year 1, you would have $250 in the account.
At the end of year 2, the $250 deposit from year 1 would have grown to:
$250 * (1 + 0.08) = $270
You would also have an additional $250 deposit from year 2, giving you a total of $520 in the account.
At the end of year 3, the $520 in the account would grow to:
$520 * (1 + 0.08) = $561.60
You would also have an additional $250 deposit from year 3, giving you a total of $811.60 in the account.
At the end of year 4, the $811.60 in the account would grow to:
$811.60 * (1 + 0.08) = $876.95
You would also have an additional $250 deposit from year 4, giving you a total of $1,126.95 in the account.
Therefore, you would have $1,126.95 in your account at the end of year 4.
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Need help with this question, thanks
Answers
Answer:
The 1st left one: Corona
Below it: Core
Beside Corona: Prominence
Below it: Photosphere
Below it: Sunspot
Hope it helps!!!
Additonal information :
Maintenance on Vehicle is at 3.5%
Fuel cost taxable for tax in south africa
(RATES)
1. Ryan received a travelling allowance of R72 000 (R6 000 a month) from his employer. He used two vehicles during the year of assessment. 2. Vehicle 1 was purchased second-hand (actual retail market
Answers
1. Ryan received a travelling allowance of R72,000 (R6,000 per month) from his employer. He used two vehicles during the year.
2. Vehicle 1 was purchase second-hand (actual retail market value: R200,000) and vehicle 2 was purchased new (actual retail market value: R350,000).
1. Ryan received a total travelling allowance of R72,000 for the year, which amounts to R6,000 per month. It is important to note that the allowance is considered taxable income and should be reported accordingly.
2. Vehicle 1, which Ryan used, was purchased second-hand and had an actual retail market value of R200,000. Vehicle 2, also used by Ryan, was purchased new and had an actual retail market value of R350,000. These values are significant for calculating any potential tax implications related to the vehicles.
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when ben & jerry’s ice cream tests all its proposed new flavors on its own employees at its corporate headquarters in vermont, it is partaking in
Answers
Answer:
lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76
Explanation:
which of the following characteristics relate to inferior goods? question 9 options: a) goods where the quantity demanded rises as income rises. b) goods where the quantity demanded falls as income rises. c) the common relationship that a higher price is associated with a greater quantity supplied. d) the benefit consumers receive from buying a good or service, measured by what the individuals would have been willing to pay minus the amount that they actually paid.
Answers
The goods where quantity demanded falls as the income rises characteristics relate to the inferior goods.
What is income?Income refers to the money or earnings received by an individual or a household during a specified period of time, typically a month or a year. It can come from various sources, such as employment, self-employment, investments, rental property, and government assistance. Income is a key factor in determining a person's standard of living and their ability to afford basic needs, such as food, shelter, and healthcare, as well as discretionary expenses, such as entertainment and travel. In addition, income is an important consideration when it comes to financial planning, as it affects one's ability to save, invest, and plan for retirement. Overall, income is a fundamental concept in economics and personal finance, and plays a significant role in shaping individuals' financial well-being.
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when the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:
Answers
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is linear.
The production possibility frontier or PPF is a curve on the graph which illustrates the possible quantities which can be produced of two products and if both depends upon the same finite resources for their manufacturing. The PPF is also referred to as production possibility curve.
PPF also do play a crucial role in economics. It demonstrates that whether a nation's economy has reached the highest level of efficiency possible or not.
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124 CHAPTER 3 Interest Rate and Economic Equivalence (b) The equal payment series present-worth factor (a) How muc ally wort for 85 periods at 9.25% interest. Assume 3.33 You have borrowed $50,000 at an interest rate of (b) For the 12%. Equal payments will be made over a three-year the quart period. The first payment will be made at the end of pro-rated the first year.) What will the annual payment be, and a lump-s what will the interest payment be for the second year? $25 milli 3.34 You borrowed $15,000 from a bank with the Should agreement that you repay the balance in 10 equal instead o annual installments at an interest rate of 9%. What should be the required annual payment size? Linear Grad 3.35 What is the present worth of the following 3.38 An indi series of payments? (a) $1,000 at the end of each savings accou 7.2% compounded year for eight years at annually. The annually. (b) $4,500 at the of each year, and 9.5% compounded each year for 12 years at Determine how (c) 900 annually. ately after the 8.25% end of each year for 13 years at 3.39 Five ann compounded annually. (d) $19,300 at the end $8,000, $6,000 7.75% of each year for eight years at made into a fi annually. You trial equipment to buying a piece of indus- a tion This part of your fund immedia by as much as automation will save labor 3.40 Compute equipment $35,000 per year over costs cash flow diag costs S200,000. Should 10 years. The 3.37 you purchase the equipment if your interest rate is to a Mat Ryan, NFL the Atlanta $103.75 an agreed Falcons, million contract est-paid players which made extension with in profosi m
Answers
For question 3.34, you borrowed $15,000 with an agreement to repay the balance in 10 equal annual installments at an interest rate of 9%. To find the required annual payment size. The required annual payment size is approximately $2,414.71.
we can use the formula:
P = A * (1 - (1 + i)^(-n)) / i
Where:
P = Present value (amount borrowed) = $15,000
A = Annual payment (unknown)
i = Interest rate per period = 9% = 0.09
n = Number of periods = 10 years
Rearranging the formula to solve for A:
A = P * i / (1 - (1 + i)^(-n))
Plugging in the values:
A = 15000 * 0.09 / (1 - (1 + 0.09)^(-10))
A ≈ $2,414.71
The required annual payment size is approximately $2,414.71.
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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 $ 4,725 Deposits in transit at month-end $ 1,800 Outstanding checks at month-end $ 520 Bank service charges $ 25 EFT automatically deducted monthly, not yet recorded by Maxi $ 380 An NSF check returned on a customer account $ 265 The adjusted cash balance per the books on January 31 is:
Answers
Answer:
Explanation:
Bank reconciliation is a process by which bank balance in the cash book is reconciled to the balance in the bank statement to identify likely discrepancies
Bank reconciliation for Maxi's clothing as at January 30
Cash balance as per cash book = 4,725
Bank charges (25)
EFT deducted by the bank (380)
NSF check returned on a (265)
customer account
Adjusted cash book balance 4,055.
In bank reconciliation , deposit in transit and outstanding checks at month end are adjusted on the bank statement as they have already been captured in company's cash book
All of the positions listed will benefit from a price increase,
except:
A. Long Forward
B. Short Call
C. Long Stock
D. Short Put
Answers
The position that will not benefit from a price increase is B. Short Call.
What would be the benefitsA long forward (A) will benefit from a price increase because the holder of a long forward contract is obligated to buy the underlying asset at a set price, so a price increase means that they can buy the asset at a lower price than the market value.
A long stock (C) will benefit from a price increase because the holder of a long stock position owns the underlying asset, so a price increase means that the value of their investment has increased.
A short put (D) will benefit from a price increase because the holder of a short put position is obligated to buy the underlying asset at a set price, so a price increase means that they can buy the asset at a lower price than the market value.
However, a short call (B) will not benefit from a price increase because the holder of a short call option has sold the right to buy the underlying asset at a set price, so a price increase means that the holder may have to sell the asset at a lower price than the market value, resulting in a loss.
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Using a diagram or diagrams, explain how a cap-and-trade scheme could result in pollution reduction.
Answers
A cap-and-trade scheme is a regulatory system designed to decrease the amount of pollution in the air. Cap-and-trade, often known as emissions trading, is a market-based policy instrument that sets a cap on greenhouse gas (GHG) emissions. It allocates a certain number of emission permits to each organization in the business. After that, it establishes a market for trading the permits among themselves. The following diagram shows how a cap-and-trade scheme can reduce pollution: Diagrammatic representation of a Cap-and-Trade SchemeI n this diagram, the vertical axis represents the number of emissions while the horizontal axis represents the time period. Initially, the cap is set at a high level, as shown by the black line. The supply curve indicates the marginal cost of abatement, while the demand curve indicates the marginal benefit of pollution reduction. As a result, the intersection point represents the equilibrium level of pollution, which is high.
As time passes, the cap reduces to a lower level. The firms must now either decrease their emissions by lowering their output or invest in cleaner technology to receive an additional permit. This lowers the supply of permits. As a result, the supply curve shifts up and the equilibrium price of permits increases. In response, firms will seek out low-cost alternatives to reduce emissions, resulting in a decrease in pollution. As a result, the equilibrium level of pollution reduces to a new lower level, as indicated by the blue line.A cap-and-trade scheme may lower emissions while being cost-effective since firms that find it less expensive to reduce emissions will do so more than those that find it more expensive. Additionally, the trading mechanism allows companies with low abatement costs to sell their extra permits to businesses with high abatement costs. As a result, businesses can cut costs while still achieving the desired reduction in pollution levels.
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safe which statement accurately characterizes strategic themes?
Answers
The statement that accurately characterizes strategic themes is option a) Strategic themes are long-term goals that guide an organization's overall direction and decision-making.
Strategic themes are high-level, overarching concepts that provide guidance and direction for an organization's strategic planning efforts. They represent the key areas of focus and priority that align with the organization's mission and vision. Option a) accurately describes strategic themes as long-term goals that shape an organization's overall direction and decision-making processes.
Strategic themes help set the strategic agenda and serve as a foundation for setting objectives, making strategic choices, and allocating resources. They provide a framework for decision-making and help ensure that various initiatives and actions are aligned with the organization's strategic intent. By focusing on strategic themes, organizations can prioritize their efforts, allocate resources effectively, and pursue long-term goals that support their overall vision.
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Which statement accurately characterizes strategic themes?
a) Strategic themes are long-term goals that guide an organization's overall direction and decision-making.
b) Strategic themes are specific initiatives or projects implemented to achieve short-term objectives.
c) Strategic themes are tactical actions taken by middle management to address operational issues.
d) Strategic themes are broad industry trends that influence an organization's competitive positioning.
5. you submitted a final group project to your professor and noticed a calculation error, how do you resolve the issue with your group and professor?
Answers
Communication is the key step in resolving any kind of dispute. A great method to understand why something is happening or why a conflict has started is to speak with your professor.
Therefore, I would just inquire about the issue and let him describe how it relates to your issue or why it doesn't. If you still don't understand why he is correct, follow the advice given to pupils. So that you can comprehend, ask him to explain.
To make it clear that you are acknowledging your mistakes and pleading for their forgiveness, you should use the words "I am sorry for..." or "I deeply apologise for..." Inform your teacher that you understand the error of your ways and that you'll do everything in your power to avoid making the same errors again.
Communication is the key step in resolving any kind of dispute.
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ERP vendors embed their best business ______ in their software to help businesses improve their productivity and performance.
Answers
Answer: Practices.
What is ERP? ERP stands for Enterprise Resource Planning. ERP software is comprised of effective and strategic business process management tools that can be used to manage information within an organization. While every company and organization operating today is different, they all face a common challenge: in order to stay competitive in today’s business environment, they need a dependable and efficient way to store and access information. ERP is that dependable tool that automates efficient way to store and access information.
ERP vendors embed their best business practices in their software to help businesses improve their productivity and performance. These practices are designed based on industry standards and successful strategies to optimize processes and resource management within an organization.
With effective ERP software in place, business owners and leaders can automate and streamline tedious back-office tasks, help employees become more productive and successful in their roles, and get real-time visibility into the inner workings of their operations.
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What type of tableware are plates, cups, and saucers and what factor helps determine their cost and durability?A. flatwareB. dinnerwareC. beveragewareD. hollowware
Answers
Plates, cups, and saucers are beverageware and their cost and durability are determined by their quality and performance.
What factor helps determine the cost and durability of products?
As a framework for strategic analysis, he also identified eight crucial aspects of product quality, including performance, features, reliability, conformity, and durability. At a strategic level, eight product quality management dimensions will be employed to look at quality attributes. Since this part of quality comprises quantifiable characteristics, brands may typically be evaluated objectively on certain performance facets. While some of the aspects are mutually supportive, others are not, and advancement in one could compromise progress in another. Building a competitive advantage can be facilitated by comprehending the trade-offs that clients seek between these aspects.
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Makayla bought a pair of shorts online for $73. She used a coupon code to get a 40% discount. The website also applied a 10% processing fee to the price after the discount. How much was the discount, in dollars and cents?
Answers
Answer:
39.42
Explanation:
73-40%=43.8
43.8-10%=39.42
besides merit pay, two other types of performance-based pay are:
Answers
Besides merit pay, two other types of performance-based pay are bonuses and commissions.
In addition to merit pay, which is typically an increase in base salary based on individual performance, organizations use bonuses and commissions as forms of performance-based pay.
Bonuses are one-time payments granted to employees based on their individual or team performance. These payments are often awarded for achieving specific goals, meeting targets, or exceeding expectations. Bonuses can provide a financial incentive and recognition for exceptional performance.
Commissions are commonly used in sales roles and are based on a percentage of the sales revenue generated by an individual. Sales professionals receive a commission for each sale made or for achieving sales targets. Commissions directly link compensation to individual sales performance and incentivize employees to drive sales and revenue growth.
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PLEASE HELP SOON WILL GIVE BRAINLIEST
Some families may not wish to fill out a CSS Profile because:
OA. the FAFSA provides the same information.
B. it asks for detailed financial information.
C. they are not interested in scholarships.
OD. the college essay is sufficient.
Answers
Answer:
my answer is
Explanation:
D: the college essay is sufficient.
Some families might decide the college essay is adequate and they don't need to complete a CSS Profile. Thus option (D) is correct.
What is Profile?Older Italian profile "a drawing in outline," from profile "to draw in outline," from pro "forward" (from PIE root *per- (1) "ahead") + flare "draw out, spin," from Late Latin flare "to spin, draw out," first recorded in English in the 1650s.
You don't need to submit a CSS Profile if your school isn't on that list, but you will still be eligible for non-federal funding. Your eligibility for both federal and non-federal aid will be determined by the university using the information from your FAFSA.
Therefore, Thus option (D) is correct.
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I need help with all those questions
Answers
Find two cases of life insurance fraud. Write a paragraph for each one explaining the details given. (how was the fraud committed, what was the purpose, how the person was caught, what happened as a result, etc.) Next, find one case of health insurance fraud and look up the same information.
Answers
Answer:
Health identity theft is when criminals steal victims names.
Explanation:
health insurance numbers and other personal data and then defraud insurers by making false claims. To combat the problem, some medical ...
Which person is financially responsible?
Answers
Answer:
avoids debts
Explanation:
A financially responsible person would want to quick come out of bad debts, even if he is in debt , the payments should be less than 50percent of what he makes
Question 7 of 10
Which of the following best describes what a manager does?
O A. Influences others to purchase certain goods from certain stores
O B. Makes sure that a company is using its resources in a way that
helps it meet its goals
O C. Works for a company and produces resources to make a product
O D. Combines an idea, a plan, and various resources to start a new
business
Omg
Answers
Answer:
The answer is B..........
Goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy. True of false?.
Answers
The statement 'goals and objectives provide a form of control since they create a feedback opportunity regarding how well or how poorly the organization is executing its strategy' is true.
Goals and objectives are the targets that a company or organization tries to achieve. Strategies are set in order to reach the goals and objectives of the workers of an organization.
These goals and objectives help in maintaining the wellness of work by the company. The goals and objectives set help a business determine whether the strategies applied are being executed properly or not and whether they are proving to be effective.
Based on the goals and objectives, feedback is generated based on the execution of strategies.
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What two things should be included when summarizing?
1.Numbers
2.Main idea
3.Key points
4.Names
Answers
3. key points
Main idea and also Key points
technological advances allow smaller companies to compete with larger companies. group of answer choices true false
Answers
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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how does credit utilization affect your credit score?
Answers
LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
Answers
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answers
Answer: 40 pounds
Explanation:
Given the following :
Ordering cost = $10 / order
Carrying cost = 4 cents per pound per day
Cost of pepperoni = $3 per pound
Daily demand = 20 pounds
Order quantity = 80 pounds
Average inventory level at the time in which 80 pounds of pepperoni was ordered is given as
Average inventory level is given as :
Order quantity / 2
80 pounds / 2 = 40 pounds
A large hotel has three types of rooms: regular, large, and suites. Today they need to clean 140 regular rooms, 55 large rooms, and 21 suites. The standard time to clean the regular rooms is 12 minutes, for the large rooms is 14.3 minutes, and is 22 minutes for the suites. The cleaning staff works for 8 hours per day. The staff cleans all the room types. Do not include commas in your answer and enter percentages as decimal points. How many staff members they need to assign to cleaning today? What is their utilization?
Answers
They would need to assign approximately 6.10125 staff members to cleaning today. The utilization is approximately 610.94%.
To calculate the number of staff members needed to clean the rooms today, we need to determine the total cleaning time required for each type of room and divide it by the available working time.
Let's start by calculating the total cleaning time for each type of room:
Regular rooms: 140 regular rooms * 12 minutes per room = 1680 minutes
Large rooms: 55 large rooms * 14.3 minutes per room = 786.5 minutes
Suites: 21 suites * 22 minutes per suite = 462 minutes
Now, let's calculate the total cleaning time for all the rooms:
Total cleaning time = 1680 minutes + 786.5 minutes + 462 minutes = 2928.5 minutes
Next, we need to convert the working hours into minutes:
8 hours * 60 minutes per hour = 480 minutes
Now, we can calculate the number of staff members needed:
Number of staff members = Total cleaning time / Available working time
Number of staff members = 2928.5 minutes / 480 minutes ≈ 6.101
Since we can't have a fraction of a staff member, we will round up to the nearest whole number. Therefore, they need to assign 7 staff members to cleaning today.
To calculate the utilization, we need to compare the actual cleaning time to the available working time. Utilization is calculated by dividing the total cleaning time by the available working time and multiplying by 100.
Utilization = (Total cleaning time / Available working time) * 100
Utilization = (2928.5 minutes / 480 minutes) * 100 ≈ 610.94%
Therefore, the utilization is approximately 610.94%.
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What are the goals of government regulation?
low unemployment, price stability,
economic growth
O high unemployment, price instability,
economic growth
low unemployment, price stability,
economic steadiness
O high unemployment, price instability,
economic steadiness
Answers
Answer: A) low unemployment, price stability, economic growth
Explanation: Government regulation attempts to promote growth, full employment, and price stability for the well-being of the citizens
The goals of an ideal government while making regulations shall include the following purposes,
low unemployment, price stability,economic growth.Therefore, the option A holds true.
What is the significance of government goals?The goals of a government can be referred to or considered as the qualitative and quantitative targets set by the government in order to foresee better conditions in the future. These are backed by economic plans and regulations.
For a developing or a developed government, the goals must be economically based while being regulated. These goals must include reduced poverty and unemployment in order to achieve a healthy economic growth.
Therefore, the option A holds true and states regarding the significance of the goals of a government.
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