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tester [92]
3 years ago
13

Wichasha, an african country, exports barley and cotton worth $100 million to illema, a european country, and it imports sugarca

ne worth $25 million from illema. As such, the total value of wichasha's exports is higher than the total value of its imports. This difference between the value of wichasha's exports and imports is known as _____.
Business
1 answer:
max2010maxim [7]3 years ago
7 0

Answer: Balance of Trade

Explanation:

<em>Balance of trade</em> is the difference between the value of exports from a country and the value of imports into the country. When the value of exports is greater than imports, the balance of trade is positive and the country has a <em>trade surplus</em>. While, when the value of exports is less than the value of imports, the balance of trade is negative and the country has a <em>trade deficit</em>.

In this case,  Wichasha's exports is higher than the total value of its imports so, it has a trade surplus or positive balance of trade.

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A specific reduction in government spending will dampen demand-pull inflation by a greater amount the: 
A. Smaller is the econom
lina2011 [118]

Answer:

The correct answer is option C.

Explanation:

A reduction in spending is going to reduce the income of the consumers in the economy. The consumers do not spend all their income but save it partially. The saving is used to create funds which are invested again and lead to increase in output. The rate of consumption depends on the marginal propensity to consume and marginal propensity to save. The marginal propensity to save is 1-MPC. Smaller MPS will cause saving to be less, consequently investment will also be lower.

So, a reduction in the government spending will be more effective in curbing demand-pull inflation if the marginal propensity to consume is higher and marginal propensity to save is smaller.

5 0
3 years ago
What are three goods provided by the federal government?
Rudiy27
Housing insurance and food stamps   I think?
8 0
3 years ago
Arnold, a single individual, has adjusted gross income of $65,000 in the current year. Arnold donates the following items to his
Olin [163]

Answer:

Option A. $15,400

Explanation:

The net deduction allowed as an charitable contributions are as under:

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1. ABC Cop. stock

Cost $6000  

FMV <u>$22000</u>                   $16000

2. Personal Clothing Items

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FMV <u>$400  </u>                      <u>  ($600) </u>

Net Deduction                 $15,400

The amount that qualifies as charitable contribution for the year is $15400.

3 0
3 years ago
Which button in the Print Preview tab allows users to set specific margins on the page of a report?
Irina-Kira [14]

Answer:

Page Setup

Explanation:

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6 0
3 years ago
What is the ability of an organization to tailor its products or services to the customer's specifications?
kap26 [50]

Answer:

Mass Customization

Explanation:

Mass Customization -

It is a manufacturing and marketing strategy ,

where huge range of services and products are altered or changed according to the likes and dislikes of the customers , is referred to as mass customization.

It is also known as built - to - order and made - to - order.

These type of method are used in order to increase the sale of the goods and service , by modifying the goods according to the customers satisfaction.

Hence , from the question,

The correct term is mass customization.

6 0
3 years ago
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