Answer:
May list assets and liabilities from least liquid to most liquid.
Explanation:
According to International Financial Reporting Standards IFRS the companies may list their available assets and liabilities in descending order of most liquid to least liquid. It enables the users financial statements to easily assess the time assets will take to be converted into cash. Therefore cash is considered as most liquid and is first item to be presented on the Balance sheet of the company under current assets account.
If the frictional unemployment rate is 2.5 percent, the
structural unemployment rate is 3.1 percent, and the current unemployment rate
(in the economy) is 5.6, then the economy is in a
recessionary gap producing natural real gdp.
<span>A </span>recessionary gap, or contractionary gap, is a
macroeconomic term which refers to the difference between actual and potential
production in an economy.<span>
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Answer:
The answer is: Complementary goods and services
Explanation:
Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.
Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.
In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.
Answer:
B) Gonzalez v. Raich
Explanation:
In Gonzalez v. Raich (2005), the Supreme Court ruled that under the Commerce Clause, Congress had the power to criminalize the production and use of homegrown marijuana by Raich even if California law allowed it. The Supreme Court ruled against the local marijuana producer because the federal government has the power to regulate purely intrastate production that is meant for personal consumption if the failure to regulate the non commercial activity could affect interstate commerce.
Answer:
Cultural Myopia
Explanation:
Myopia in general refers to short sightedness.
A Cultural myopia refers to the belief that one's own culture is better suited and apt in all situations and circumstances and applies to all people.
In business context, this conveys the inability of a firm to adopt or modify it's product strategies as per the market conditions of a foreign nation, thereby providing standardized or same products and services as it provides in it's own domestic market.
For instance, Heinz provides different variants of it's ketchups across the globe, incorporating changes and modifications in ingredients as would better suit a market and better cater to it's needs. The company for instance provides ketchup without onion and garlic as ingredients to suit Indian market requirements.
In the given case, the chemical company applied the same French ethnocentric policies in international markets and followed the same domestic marketing policies internationally. Thus, it's expansion move failed miserably since it failed to adapt to the requirements of global markets and could not cater to them effectively.