Meaning of invisible hand
In a sentence, explain the meaning of the phrase “invisible hand.”
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Market prices act as an “invisible hand,” coordinating an economy through rationing what are scarce and providing incentives to generate the most desired goods and services.
Cash Basis of Accounting: The base of accounting in which expenditures and revenues are recorded whenever cash is received or distributed.
explain factors that responsible for the recent surge in international market
Hypothetical production possibilities tables for New Zealand and Spain are given below Q : What is an Element Element : It is a Element: It is a subdivision of a budgetary program and the second stage of the program structure in the Uniform Codes Manual.
Element: It is a subdivision of a budgetary program and the second stage of the program structure in the Uniform Codes Manual.
Abolishment of Fund: It is a closure of fund pursuant to the operation of law. The funds might also be administratively eliminated by the Department of Finance with the concurrence of the State Controller’s Office. Whenever a sp
Describe the benefits of "paying late" (but not too late) and how do companies try to do this? Since money has time value, the later cash is paid, but not too late, the better. Companies employ remote disbursement banks to facilitate holding at
Appropriated Revenue: The revenue which, as it is earned is reserved and appropriated for a particular aim. An illustration is student fees received by state colleges which are by law appropriated for the support of the colleges. The
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Describe the effect of stock (not cash) dividends and stock splits onto the market price of common stock? Why do corporations state stock splits and stock dividends? Stock splits & stock dividends decrease the price per share of the common
Budget Revision (BR): A document, generally approved by the Department of Finance, which cites a legal authority to authorize a modification in an appropriation. Usually, BRs either raise the appropriation or make adjustments to the groups or programs
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