The dollar standard replaced the gold standard as the international monetary system after World War II. So, the correct option is d. gold standard.
Prior to the adoption of the dollar standard, countries used gold as a means of settling international transactions. However, the gold standard was seen as unstable and inflexible, especially during the Great Depression, which led to countries abandoning the gold standard.
The Bretton Woods Agreement of 1944 established the dollar standard, which made the US dollar the world's reserve currency and tied it to gold at a fixed rate. Under this system, countries could exchange their dollars for gold at the US Treasury, which provided stability for international trade and finance.
However, the dollar standard eventually collapsed in the 1970s due to inflation and the US's inability to maintain the fixed exchange rate, leading to the emergence of a floating exchange rate system.
To know more about gold standard refer here:
https://brainly.com/question/9222673#
#SPJ11
Answer the following questions on the basis of the following three sets of data for the country of North Vaudeville: b. Assuming no change in hours of work, if real output per hour of work increases by 5 percent, what will be the new levels of real GDP in the right column of B?
The new level of real GDP in the right column of B can be calculated by multiplying the original real GDP by 1 plus the percentage increase in real output per hour of work.
Real GDP is a measure of the total value of all final goods and services produced in an economy adjusted for inflation. It is calculated by multiplying the quantity of output by the price level.
To calculate the new level of real GDP in the right column of B when real output per hour of work increases by 5 percent, we need to consider the concept of labor productivity. Labor productivity is the amount of real output produced per hour of work.
If labor productivity increases by 5 percent, it means that each hour of work is now producing 5 percent more output. This increase in labor productivity leads to an increase in real GDP.
To calculate the new level of real GDP, we can multiply the original real GDP by 1 plus the percentage increase in labor productivity. In this case, since labor productivity increased by 5 percent, we multiply the original real GDP by 1.05.
For example, if the original real GDP in the right column of B was $10,000, the new level of real GDP would be $10,000 * 1.05 = $10,500.
This calculation assumes that there are no changes in other factors affecting real GDP, such as the quantity of labor or the price level. It focuses solely on the impact of the increase in labor productivity on real GDP.
Learn more about level here: brainly.com/question/14486795
#SPJ11
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
Learn more about Communication at:
brainly.com/question/25645043
#SPJ4
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
Is MR and MC the same?
MR and MC are not the same. MR stands for Marginal revenue while MC stands for Marginal Cost.
Marginal revenue is the additional profit or income generated by the sale of an additional product manufactured by the company. The formula is the change in sales divided by the change in quantity. A positive marginal revenue increases the firm's total revenue.
Marginal cost is the change in a firm's actual estimated cost of production by producing one additional unit. It helps determine the efficiency of the manufacturing process. For an efficient business the marginal cost should never be less than marginal revenue.
To know more about marginal cost, here
brainly.com/question/14923834
#SPJ4
Debra's manager publicly reprimanded her in the department meeting. during the manager's 10 minute rant, debra sat quietly. after work, she went to her best friend's house and complained about her manager for two hours. at the end of the complaint session, debra was laughing at her friend's impression of the manager's rant. debra's response to her manager's hostility is best described as:
Answer:
Tend and befriend strategy
Explanation:
The tend and befriend strategy involves a person reacting to a situation by seeking for support from others (befriend) or supporting others (tend).
In this scenario Debra's manager publicly reprimanded her in the department meeting.
She did not react immediately but rather sought the support of her friend. She complained for two hours with her best friend to relieve the stress.
This is an example of tend and befriend reaction to stress.
me
Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan’s lifetime income?
Alan’s lifetime income is his employee benefits, like health insurance.
Alan’s lifetime income includes his salary and retirement benefits.
Alan’s lifetime income includes both his career outlook and his career environment.
Alan’s lifetime income is both his college classes and his vocational training.
Answer:
Alan is young, but he decides to plan for his retirement early. He decides to formulate some estimates of his lifetime income. Which answer best describes Alan's lifetime income? Alan's lifetime income is his employee benefits, like health insurance.
Answer:
Alan’s lifetime income includes his salary and retirement benefits.
Explanation:
Which function of the marketing mix enables you to reach out to customers
Answer:
promotion
Explanation:
for plato
the risk of a company going bankrupt is called its
The risk of a company going bankrupt is called bankruptcy.
The risk of bankruptcy in Business
Bankruptcy is a legal process that occurs when a company is unable to pay its debts and seeks protection from its creditors. It is a significant risk that businesses face, as it can lead to financial ruin and the potential closure of the company.
Several factors contribute to the risk of bankruptcy. One of the primary factors is financial instability. If a company is consistently struggling to generate enough revenue to cover its expenses, it may be at a higher risk of bankruptcy. High levels of debt can also increase the risk, as the company may struggle to make loan payments and meet its financial obligations.
Poor management can also contribute to the risk of bankruptcy. Ineffective decision-making, lack of strategic planning, and failure to adapt to market changes can all lead to financial difficulties and ultimately bankruptcy.
Economic downturns and industry competition are external factors that can increase the risk of bankruptcy. During a recession or economic crisis, consumer spending may decrease, impacting a company's revenue. Additionally, intense competition within an industry can make it challenging for a company to maintain profitability.
Managing the risk of bankruptcy is crucial for businesses. It involves implementing sound financial practices, such as maintaining a healthy cash flow, reducing debt levels, and diversifying revenue streams. Regular financial analysis and forecasting can help identify potential risks and allow for proactive measures to mitigate them.
Learn more:About risk here:
https://brainly.com/question/27754423
#SPJ11
which of the statements below is correct regarding the difference between a temporary account and a permanent account? multiple choice question. temporary account balances are carried to the next accounting period. permanent account balances are transferred to the owner, capital account. a permanent account will not appear on a post-closing trial balance. a temporary account will not appear on a post-closing trial balance.
The difference between account and a permanent account is A post-closing trial balance will include permanent accounts.
PAN gives the department the ability to connect all of the "person's" transactions to the department. Tax payments, TDS/TCS credits, income returns, specific transactions, correspondence, and so on are examples of these transactions. PAN serves as the "person's" identification with the tax department. Any "person" who applies for it or to whom the department assigns the number without an application will receive a Permanent Account Number, which is issued by the Income. Two of the most crucial but underappreciated aspects in the mortgage process are the mortgage closing and the post-closure. Despite being the last stage in concluding a real estate deal, the mortgage closing procedure is now more closely watched due to high numbers of foreclosures, particularly following the housing market meltdown of 2009
Learn more about permanent account visit https://brainly.com/question/14016365
#SPJ4
The best example of exponential population growth would be an increase of _____ per generation.
The best example of exponential population growth would be an increase of 10% per generation. With exponential growth, a population's growth rate per capita (per person) remains constant regardless of population size, causing the population to expand exponentially as it grows larger. Lab-grown bacteria serve as a great illustration of exponential development.
In nature, populations may expand exponentially for a while, but ultimately, their growth will be constrained by the availability of resources. With exponential population growth, the population's growth rate gradually rises over time in line with the population's size. The idea behind exponential growth is that when a population grows, rate at which new organisms are added each generation also grows.
To learn more about exponential population, click here
https://brainly.com/question/3248501
#SPJ4
what are the barriers in communication?
Review the following scenario, which describes a situation between two coworkers, and respond to the questions which follow applying your learnings from this course. Jenna is a Health Care Assistant w
Barriers in communication refer to factors or obstacles that hinder effective and efficient exchange of information between individuals. These barriers can occur at various levels.
Including interpersonal, organizational, cultural, and technological. Some common barriers in communication include:
1. Language Barriers: Differences in language or dialects can impede understanding between individuals who do not share a common language.
2. Lack of Clarity: Unclear or ambiguous messages, use of technical jargon, or complex terminology can lead to misunderstandings and misinterpretations.
3. Noise: Environmental factors such as background noise, distractions, or poor audio quality can disrupt communication and make it difficult to convey or receive messages accurately.
4. Emotional Barriers: Emotional states like anger, stress, or fear can affect communication by causing individuals to become defensive, unresponsive, or unable to articulate their thoughts effectively.
5. Cultural Differences: Diverse cultural backgrounds, beliefs, values, and communication norms can create barriers in understanding and interpreting messages accurately.
In the given scenario between Jenna, a Health Care Assistant, and her coworker, the barriers to effective communication may include any of the above factors, such as language barriers (if they have different native languages), lack of clarity in conveying information, noise in the healthcare setting, emotional barriers due to stress or pressure, or even cultural differences impacting their communication styles and understanding.
Learn more about efficient exchange here
https://brainly.com/question/33492504
#SPJ11
What are the typical fees banks charge?
Shaylea, age 22, just started working full-time and plans to deposit $5,000 annually into an IRA earning 8 percent interest compounded annually. How much will she have in 20 years, in 30 years, and in 40 years
Shaylea, who is 22 years old, plans to deposit $5,000 annually into an IRA with an 8% interest rate compounded annually. We need to calculate the amount she will have in the IRA after 20 years, 30 years, and 40 years.
For each year, Shaylea will deposit $5,000 into her IRA, and the amount will earn an 8% interest rate compounded annually. To calculate the future value of her IRA, we can use the formula for compound interest:
Future Value = principal Amount * (1 + Interest Rate)^Number of Years
For 20 years, Shaylea will make deposits annually, resulting in a future value of $5,000 * (1 + 0.08)^20.
Similarly, for 30 years, the future value will be $5,000 * (1 + 0.08)^30.
And for 40 years, the future value will be $5,000 * (1 + 0.08)^40.
Calculating these values will give us the amount Shaylea will have in her IRA after 20, 30, and 40 years.
FV = P * (1 + r)^n
Where:
FV = Future value
P = Annual deposit amount
r = Interest rate
n = Number of years
For 20 years:
FV = $5,000 * (1 + 0.08)^20 = $5,000 * (1.08)^20 ≈ $17,852.28
For 30 years:
FV = $5,000 * (1 + 0.08)^30 = $5,000 * (1.08)^30 ≈ $38,061.24
For 40 years:
FV = $5,000 * (1 + 0.08)^40 = $5,000 * (1.08)^40 ≈ $81,245.69
Therefore, Shaylea will have approximately $17,852.28 after 20 years, $38,061.24 after 30 years, and $81,245.69 after 40 years in her IRA.
Learn more about interest rate here: brainly.com/question/28272078
#SPJ11
You noticed a mistake: Your own records do not match the bank statement you just received.
Which option describes the steps you should take to solve this situation? Check all that apply.
You noticed a mistake that own records do not match the bank statement you just received. The steps need to take to solve this situation are:
Check my records first to see if the mistake is mineCall the bank after making sure my records are correctWhy should our bank statement be error free?Having an error-free bank statement is crucial for several reasons. Firstly, it ensures that the financial transactions are accurately recorded and that the balances and transactions reported on the statement are correct. This is important for individuals and businesses to maintain an accurate record of their financial activities, and to identify any discrepancies or fraudulent activities.
Secondly, an error-free bank statement can help to prevent overdrafts, insufficient funds, and other financial penalties that may result from inaccurate or missing transactions. Finally, a correct bank statement provides a clear picture of an individual's financial health and helps in making informed financial decisions.
Read more about bank statement
brainly.com/question/26285218
#SPJ1
Which problem would be best addressed by a business bank?
A. A college graduate needs to open a checking account with the
lowest fees available.
B. A corporation needs help with cash management for its large
staff.
C. A person with a poor credit history needs a short-term loan to pay
a medical bill.
D. A couple needs to get a mortgage loan to buy a home after
moving to a new city,
SUBMIT
Answer:
B. A corporation needs help with cash management for its large
staff.
Explanation:
Business banking can be defined as the financial services such as business loans, cash management, lines of credit, trade finance, savings and checking accounts, tax planning, and securities trading provided by a commercial bank to business entities, corporations or companies.
This ultimately implies that, a business bank is only focused on providing financial services to corporations rather than individuals.
Hence, the problem which would be best addressed by a business bank is, a corporation that needs help with cash management for its large
staff.
In a nutshell, a business bank is saddled with the responsibility of meeting the financial needs of corporations found in different sectors such as agriculture, engineering, medical, trade, oil and gas etc.
Answer: B
Explanation:
Which promotional tool can be more effective when you are selling a complex product?
A. advertising
B. sales promotion
C. personal selling
D. public relations
Answer:
Personal selling
Explanation:
Personal selling is more flexible than other promotional tools such as advertising and sales promotion.
20kg of beans at #150/kg are mixed with 15kg of beans at #180/kg , if the mixture is sold at #200/kg , calculate the percentage profit and correct to 3s f
Answer: 18.6%
Explanation:
Cost of 20 kg of beans at #150 per kg is:
= 20 * 150
= #3,000
Cost of 15 kg of beans at #180 per kg is:
= 15 * 180
= #2,700
Total cost is:
= 3,000 + 2,700
= #5,700
Mixing both beans results in a weight of:
= 20 + 15
= 35 kg
This 35kg is sold at #200 per kg so the revenue is:
= 35 * 200
= #7,000
Percentage profit is:
= (Revenue - Cost) / Revenue * 100%
= (7,000 - 5,700) / 7,000 * 100%
= 18.6%
This image of the coronation of Elizabeth II represents what I learned about monarchies because….
The image of the coronation of Queen Elizabeth II represents what I have learned about monarchies because it showcases the traditional and ceremonial aspects of a monarchical system of government.
Monarchies are forms of governance where a single individual, typically a king or queen, holds supreme power and inherits the position through hereditary means. The coronation ceremony is a significant event that symbolizes the formal ascension of a monarch to the throne.
Firstly, the image highlights the concept of legitimacy and continuity in monarchies. The coronation ceremony signifies the seamless transfer of power from one monarch to the next, based on the principle of hereditary succession. It reflects the belief that the monarch's authority derives from a divine or ancestral right, which has been upheld throughout history.
Secondly, the image demonstrates the ceremonial role of monarchs in society. Monarchs often serve as the symbolic figureheads of their nations, representing unity, tradition, and national identity. The coronation ceremony is a grand spectacle that showcases the monarch's role as the embodiment of the state and its history.
Furthermore, the image reveals the close connection between monarchies and tradition. Monarchies are often deeply rooted in centuries-old customs and rituals, which are preserved and celebrated during significant events like a coronation. These traditions contribute to the sense of continuity and stability associated with monarchies.
For more such questions on coronation visit:
https://brainly.com/question/28319526
#SPJ8
J
On July 31, 2024, Lee Jones, MD, had the following balances in the ledger for his medical practice: Cash $8,730, Accounts Receivable
$2,615, Supplies $515, Equipment $15,150, Notes Payable $10,510, Accounts Payable $810, L. Jones, Capital $15,000, L. Jones,
Drawings $5,230, Service Revenue $9,330, Rent Expense $1,180, and Salaries Expense $2,230. Transactions during August 2024
follow:
General Journal
Use the balance in the account title and enter Dr. Lee Jones's withdrawals as a positive amount. Enter the debit amounts before the credit amounts.
The following transactions have occurred during the month of August 2024 for Lee Jones, MD's medical practice:Aug. 3 Made cash sales of $1,250 to patients who paid at the time of serviceAug. 4 Received cash from insurance companies in payment of $1,215 for services performed.Aug. 5 Purchased additional supplies on account, $540.Aug. 6 Paid rent expense for the month, $1,180.Aug. 7 Received payment on account from one patient, $200.Aug. 10 Received payment on account from another patient, $150.Aug. 14 Received $2,750 in cash for services performed.Aug. 16 Made cash payments on accounts payable, $300.Aug. 17 Performed services for patients on account, $800.Aug. 20 Paid salaries to employees, $2,500.Aug. 27 Billed patients on account for services performed, $2,150.Aug. 28 Withdrew cash for personal use, $2,000.Required:Enter the amounts and accounts to be debited and credited for each transaction in a general journal form. Enter the transaction date in the Date column. Use the balance in the account title and enter Dr. Lee Jones's withdrawals as a positive amount. Enter the debit amounts before the credit amounts.
(On July 31, 2024, Lee Jones, MD, had the following balances in the ledger for his medical practice: Cash $8,730, Accounts Receivable
$2,615, Supplies $515, Equipment $15,150, Notes Payable $10,510, Accounts Payable $810, L. Jones, Capital $15,000, L. Jones,
Drawings $5,230, Service Revenue $9,330, Rent Expense $1,180, and Salaries Expense $2,230. Transactions during August 2024
follow:
General Journal
Date Account Titles
2024
Aug. 1 Rent Expense
Cash
+
10 Accounts Payable
Cash
12 Cash
Accounts Receivable
25 Salaries Expense
Cash
30 Notes Payable
Interest Expense
Debit Credit
1,180
1,180
435
435
2.850
2.850
2,230
2,230
545
30
create t accounte and enter the july 31 balances. make trial balance and income statement, owner's equity, balance sheet.)
learn more about credit
https://brainly.com/question/14895562
#SPJ11
Match the scenario to the organization/team responsible.
1. As a result of a tornado, many water pipes are broken and it is feared sewage is leaking into the drinking water.
A. CDC
2. As a result of an earthquake, many stores cannot sell food and it is feared some crops have been contaminated.
B. DHS
3. As a result of a disaster, it is determined the local resources cannot adequately address all the needs of a community.
C. FDA
Answer:
A. people were drinking contaminated water
Explanation:
1.05 the market place economic
A market economy serves as an economic system in which economic activities is been controlled by individuals.
What is market economy?market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .
This decision could be pricing of goods and services which are been controlled by the interactions of a country's individual citizens.
COMPLETE QUESTION:
Explain market place economy
Learn more about market economy at:
https://brainly.com/question/11471834
#SPJ1
the r-w-w framework is typically used in which stage of product development? group of answer choices product development idea generation idea screening concept testing
The r-w-w framework is typically used in Idea screening stage of product development.
What is r-w-w framework? How company use it?
The Real-Win-Worth It (R-W-W) screen is a straightforward but effective tool for testing the viability of ideas for new products or services in the early stages of the innovation process. It's helpful to confirm the worth of the innovation project or to support its termination at stage gates throughout the development process.
R-W-W has been used by 3M on more than 1500 projects. It was crucial to the company's computer privacy light-control film's eventual success since, although promising distinctive privacy features, it almost didn't get it to market. The R-W-W screen exposed their complete ignorance of the market's size, target consumer categories, and if the movie would appeal to the most lucrative ones. Test marketing, which revealed a sizable market opportunity, a full line of laptop and PC film products was introduced. It soon rose to the top of 3M's list of largest and fastest-growing businesses.
To learn more about r-w-w framework:
https://brainly.com/question/15584106
#SP J4
Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.
Answer:
i’m pretty sure it’s mentoring
Explanation:
plato
Answer:
Shadowing answer on plato
Explanation:
Quebec supplies roughly 75% of the world’s supply of what?
Answer:
Explanation:
Quebec supplies roughly 75% of the world's supply of maple syrup. The province of Quebec in Canada is known for its vast forests of maple trees and is responsible for the majority of the world's maple syrup production. The syrup is produced by tapping the trees, collecting the sap, and boiling it down to concentrate the sugar. Quebec's reputation for high-quality maple syrup, combined with its large-scale production, has made it the dominant global supplier of the sweet, sticky syrup.
Which of the following best explains the positive effect of printmaking on the economy of the time period? a. Printmaking led to the invention of paper money. B. Books were made more quickly and effectively. C. Printing presses were cheap, and most citizens owned one. D. The Catholic Church increased its revenue due to sales of the Bible. Please select the best answer from the choices provided A B C D.
The best explanation for the positive effect of printmaking on the economy of the time period is "B. Books were made more quickly and effectively."
Printmaking was an important invention that led to the mass production of written materials. Before printmaking, books were rare and expensive, as they had to be made entirely by hand. With the introduction of printing presses, books and other printed materials could be made much more quickly and effectively, making them more widely available to the general public.The mass production of books led to a major increase in literacy rates, as more people were able to access information and learn to read. This, in turn, led to a more educated population, which was better equipped to participate in the economy. In addition, the printing industry itself became a major contributor to the economy, providing jobs for printers, papermakers, ink makers, and other related professions.Printing presses were relatively expensive to produce, and most people did not own one. However, the availability of printed materials helped to spur economic growth, by allowing for the spread of knowledge and information more quickly and effectively than ever before.
Learn more about economy here :-
https://brainly.com/question/30131108
#SPJ11
This is really for Economics but...
How are wages affected by the market?
Answer:
They could help give stock to the store/s that's using them. Or, they are the ones getting money for the produce or business, but it helps them get more and more resources for their store.
Explanation:
Answer:
Economists argued that wages are determined by demand and supply.They called it the theory of wage determination They said The price of labor is determined in the free market like every other price by intersection,Supply and demand.
Explanation: that took me a moment to think that out for it to be understandable so it doesn't disorient you
aligning people with goals, achieving promised results, and integrating strategy with reality are all part of the ______ process.
Answer:
Execution
Explanation:
The strategic execution process corresponds to integrating the strategy with the organization's reality, aligning people with the company's objectives and achieving the promised results.
Execution is an essential process for an organization to achieve its objectives and goals, and it must be a process:
organizedcoordinatedcontrollemonitoredIt is essential, then, that in this process, internal and external communication is developed for greater integration and understanding of the activities that will lead a company to be successful.
Therefore, the execution process is the one where the action of the strategy will be observed, and must always be monitored by performance indicators and revised to achieve total quality.
Learn more here:
https://brainly.com/question/15221720
a blood bank instructor considers herself to be very organized and meticulous. she tends to give her students low ratings on organization. this error is called the:
A blood bank instructor considers herself to be very organized. She tends to give her students low ratings on organization. this error is called a contrast error.
The contrasting fallacy, often referred to as the contrast effect, happens when a comparison to another person or group has an impact on how an evaluator perceives a specific attribute or characteristic. The frame of view changes when individuals compare items. They compare them to one another rather than judge them on their merits.
In the given case, Instead of objectively judging her students' organisational skills, the blood bank instructor may be giving her students a lower organisation grade because they are not as organised as she is. This may result in an unfair evaluation of the students and an inaccurate reflection of their real skills. When evaluating others, it's critical for evaluators to be cognizant of the contrast effect and work to be as impartial as possible.
Read more about contrast errors on:
https://brainly.com/question/14984830
#SPJ4
Alicia is working on a presentation about the top 10 employees of the month in her office. She wants to add a bold effect to the word Congratulations and a bright red color to it. Which element in the presentation software is she highlighting?
Answer: Highlight the headings in bold and choose your preferred colour.
Explanation:
For Alicia To add a bold effect on the word, she has to highlight the word she wants to work with and increase the size to your desired colour, this is also applicable to choosing preferred colour
holding other factors constant, if a tax increase moves the government budget from deficit to surplus, then the real interest rate will and the equilibrium quantity of national saving and investment will . multiple choice increase; increase decrease; decrease increase; not change decrease; increase
Reduce your investment. Investors get poorer returns on their investments as tax rates climb. Investors are thus less likely to make investments.
Your funds are dispersed throughout several different kinds of assets. Spreading your money out in this manner helps to lower the danger. For instance, one asset class can perform well one year while another might underperform.
Over time, the prospective returns are more likely to be constant if your investment is dispersed over both of these assets rather as a fund that only invests in one kind of asset.
Because our active funds invest in a wider variety of assets than our passive funds do, you have a greater chance of seeing your money increase while also enjoying the benefits of risk diversification.
Read more about interest rate at
https://brainly.com/question/10876388
#SPJ4