Answer:
$2.5
Explanation:
Given:
Number of sandwiches in basket = 20
Number of magazines in basket = 30
cost of sandwiches in 2006 = $4
Cost of magazines in 2006 = $2
cost of sandwiches in 2007 = $5
Consumer price index in 2007 = 125
Now,
Consumer price index = 
or
125 = 
here,
X is the price of magazines in 2007
thus,
125 = 
or
1.25 × ($80 + $60 ) = $100 + 30X
or
30X = $175 - $100
or
X = $2.5
Hence,
The price of magazines in 2007 was $2.5
A country would have a comparative advantage to produce a good if the cost of producing this good, even if it produces efficiently, is higher than that of other countries.
Explanation:
The Competitive Vantage Principle explains how an individual produces more commodities and uses fewer goods with a comparative advantage under freer trade.
For example, the comparative advantage of oil-producing countries in chemical products. Compared to countries that are not there, the local manufactured oil is a cheap source of chemicals.
It can produce products with fewer resources, which offers countries a comparative advantage at lower incentive costs. The PPF's gradient reflects the cost of output capacity. Improving one good's production means producing less of one.
Answer:
C) to determine the amount and/or percentage increase or decrease that has taken place.
Explanation:
Horizontal analysis can be regarded as an approach which is been used in analyzing financial statements through making comparism between specific financial information for a particular accounting period along with the information from other periods. This approach is been used by Analysts to make analysis of historical trends.
It should be noted that Horizontal analysis evaluates a series of financial statement data over a period of time to determine the amount and/or percentage increase or decrease that has taken place.
Answer:
Any type of government policy that restricts free trade and the movement of capital can trigger the aforementioned consequences. Thus, the limitation of companies to obtain economic benefits can make them decide to close their activities, leaving employees on the street (increasing unemployment), reducing the country's economic production (causing the country's real GDP to decrease), and ultimately, generating monetary lags due to lack of economic production, generating devaluations that lower the international price level of the country's products.
Answer:
An automatic stay against creditors. Once you file, the court automatically issues this stay against any and all debt collection activity.
Dischargeable debts.
Bankruptcy exemptions might allow you to maintain ownership of your property after bankruptcy.
Credit Score.
