Answer:c
Explanation: from the listed options
Securities issued by a railroad common carrier company.
Securities issued by a federal credit union established for teachers
Securities issued by a trust company . All of these are exempt from the registration requirements of the Uniform Securities Act.
Efficiency and innovation is important to a society because they are key components to bringing income into their economy and creating jobs for those within it. Being efficient means to use your resources wisely and get through work at a good pace. Being efficient doens't mean you need to rush through anything, just use your time and resources as best as you can. Innovation is important because it creates new ideas for consumers and producers to make and sell within an economy. When a new invention comes about, that gives opportunities for growth and expansion of a company or a new or old.
This is ab example of a price floor. It is price that set by the government as a minimum price that would be imposed on a product. This value should be higher than that of the equilibrium price to be effective. It is used in order to prevent the prices to be too low.
Debit to "Accounts Payable to Smith"
and Credit to "Inventory" account
A debit in an expense account is a decrease in the amount owed. Since you are returning inventory and getting the money back, you owe less.
You credit inventory because you are taking away from it by returning the goods.
The benefit in reaching the absolute advantage in the production of one good to produce more units of a good than other countries. Option A is correct.
<h3>What is the absolute advantage?</h3>
The ability of a party to produce a good or service more efficiently than its rivals is the foundation of the principle of absolute advantage. This idea or principle was first introduced in 1776 while covering international trade and using labor as the sole input.
Therefore, option A is correct.
To learn more about the absolute advantage, refer to:
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