Answer:
The correct answers are: Normative; Positive.
Explanation:
The positive economy is based on specifying and demonstrating what is happening in the economy, responds to economic issues from reason and with an objective point by which things happen, focuses on determining everything that could affect it and the results that will be obtained by final.
No advice is given to remedy economic problems, rather, it describes the problems that affect the economy without mentioning whether the results will be positive or negative.
Answer:
If Brett Thiesen wants to make a political case for regional economic integration to his electorate, the valid statement he can make in this regard is
E) free trade stimulates economic growth, which creates dynamic gains from trade.
Explanation:
Free trade among regional countries is the only sure way to "stimulate economic growth and create dynamic gains from trade." According to wikipedia.com, "Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade." It is free trade system that created the European economy, enabling them to replace their national currencies with the Euro. Regional free trade also encourages the movement of not only goods, but also persons and services, and cultures.
Answer:
The journal entry and the computations are shown below:
Explanation:
The journal entry is shown below:
Allowance for doubtful accounts $7,300
To Account receivable $7,300
(being the written off amount is recorded)
And, the cash realizable value of the accounts receivable is
1. Before the write off
= $729,400 - $61,200
= $668,200
2. After the write off
= $729,400 - $7,300 - $61,200 - $7,300
= $668,200
<span>Callie is trying to create regular customers by giving people an incentive to come back and get coffee to work towards free coffee. Also, she is trying to create customers who are addicted to coffee and therefore will appreciate the free coffee even more.</span>
Answer: notional
Explanation:
A notional amount also sometimes referred to as the face amount is a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument.
The effective notional amount had to do with the notional amount that has already been stated and further adjusted when the leverage factor is considered.