Distributional concept is for Macro (governmental) level, reproductive concept is closer to micro (corporate) level Statement 2. Cash flow management concept refers to macro level as well as consumption concept to transactions settlement
Distributional concept is for Macro (governmental) level, reproductive concept is closer to micro (corporate) level Statement 2. Cash flow management concept refers to macro level as well as consumption concept to transactions settlement
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The difference between the finance concepts could be simply described by the level of economy
Statement 1. Distributional concept is for Macro (governmental) level, reproductive concept is closer to micro (corporate) level
Statement 2. Cash flow management concept refers to macro level as well as consumption concept to transactions settlement
Are these statement correct and why?
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