Which sentences{in brackets} explains the word diligence in a more elaborate manner? financial planner-code of ethics the financial planning association (fpa) is a professional body. it has made it mandatory for all licensed and non-licensed members to adhere to the code of ethics specified by it. there are seven codes of ethics. they are integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence. [the financial planners should provide services in a prompt and thorough manner.] [they are expected to be impartial while advising their clients.] [proper planning and supervision is of utmost importance while catering to the client.] [they should never disclose or discuss any confidential information about any particular client with anyone, other than the client.]

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.