Answer:
A surplus exists in a market if the supply happens to be excessive
Explanation:
In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.
The option included in the M2 definition of money supply and not in the M1 definition is money market mutual fund shares.
<h3>What is M2?</h3>
M2 definition of money supply that includes cash, checking deposits, and near money. M2 is a broader measure of the money supply when compared with M1. It also less liquid than M1. M1 includes includes cash and checking deposits.
Here are the options:
a. Checkable deposits.
b. Currency held in banks.
c. Currency in circulation.
d. Money market mutual fund shares.
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Answer:
Seojun's Adjusted Gross income is $140,000.
Explanation: Adjusted Gross income(AGI) is a term used in Financial accounting to describe the total amount of gross income remaining after certain deductions have been made to the Gross income of a business entity over a given period of time.
Since Seojun is not a Material participant,the $50,000 loss can not be considered in calculating Seojun's Adjusted Gross income.
Answer:
Global strategy; Transnational strategy
Explanations:
Companies should choose a global strategy or transnational strategy
A global strategy is a technique used by a firm to expand and compete in the global market. It is the plans made by a firm to grow beyond it's border.
Global strategy covers three other strategies
1. International strategy
2. Multinational strategy
3. Global strategy
A firm adopt global strategy in order to increase its sales of products and Profit.
Transnational strategy is a technique which allows firms to expand sales of goods and services while taking into consideration the difference in culture of people.
Transnational occurs when a company in China wants to expand to other countries like Nigeria. For China to have a smooth operation, it must first take into cognizance our culture and believe.