Who sets fiscal policy, the president or congress?

June 30, 2024 No Comments

A: In the United States, fiscal policy is directed by the executive and legislative branches. In the executive branch, the two most influential offices belong to the president and the Treasury secretary, although contemporary presidents often rely on a council of economic advisers. The U.S.

Who sets fiscal policy, the president or congress?

July 7, 2024 No Comments

Who sets the global standard to stop money laundering and how is it implemented?

June 30, 2024 No Comments

A: The Financial Action Task Force (FATF) sets the international standard for fighting money laundering. Formed in 1989 by leaders of countries and organizations around the world, the FATF is an international body of governments that sets standards for stopping money laundering and promotes the

Who sets the global standard to stop money laundering and how is it implemented?

July 7, 2024 No Comments

Who uses bills of exchange?

June 30, 2024 No Comments

A: Bills of exchange primarily act as promissory notes in international trade; the seller, or exporter, in the transaction addresses the bill of exchange to the buyer, or importer. A third entity, typically a bank, is party to many bills of exchange to help guarantee

Who uses bills of exchange?

July 7, 2024 No Comments

Why are most multinational corporations either from the US, Europe or Japan

June 30, 2024 No Comments

A: The United States, Japan and member states of the European Union are developed countries whose infrastructures and well-established financial markets are conducive to the operation and potential success of multinational corporations (MNCs). The largest number of MNCs are based in the U.S. Many of

Why are most multinational corporations either from the US, Europe or Japan

July 7, 2024 No Comments

Why are price and quantity inversely related according to the law of demand?

June 30, 2024 No Comments

A: The classic microeconomics supply and demand model shows price on the vertical axis and demand on the horizontal axis. In between them is a downward-slowing demand curve where price and quantity demanded have an inverse relationship. The general concept is intuitive: as goods become

Why are price and quantity inversely related according to the law of demand?

July 7, 2024 No Comments

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