Answer:
compliance risk
Explanation:
Compliance risk -
It refers to the risky situation , which can be due to some financial forfeiture , legal penalties , loss of material , when the company fails to follow the rules and regulations , is referred to as compliance risk .
Hence , from the given scenario of the question,
The correct type of risk involved is compliance risk .
Answer: in a traditional economy, decisions are based on habit and custom
Explanation:
Answer:
C. An explicit target is easier to understand by households and firms which makes monetary policy more transparent.
Explanation:
Explicit inflation targeting is a monetary policy used by central banks to check inflation rate is under control for medium term. However, critics target this policy as they believe that instead central bank should have monetary policy for long term inflation control and economic growth for long term. Product price targeting or nominal income targeting would create more economic stability.
<span>Can create mental map of the chosen routes. By following certain routes on a daily basis, a person can mentally remember how to get to destination without having to do recalling that anyone would do when they haven't fully remember how to get there. There wouldn't be a need to use GPS or mapping app, if he or she can recall how to get there.</span>
