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3 years ago

Select the answer that most accurately describes the effects of NAFTA.

2 answers:

7 0

The answer is <u>"c. It is difficult to assess all the results of NAFTA, but most economists agree that NAFTA has been beneficial to the countries involved".</u>

The North American Free Trade Agreement (NATFA) was the entryway through which American specialists were pushed into the neoliberal worldwide work showcase.

By building up the rule that U.S. partnerships could move generation somewhere else and move once again into the United States, NAFTA undercut the bartering intensity of American specialists, which had driven the extension of the white collar class since the finish of World War II. The outcome has been 20 years of stale wages and the upward redistribution of salary, riches and political influence.

Zielflug [23.3K]3 years ago

5 0

The answer is C

hope this helps

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Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro is $2.00. Vipsana pays

andrezito [222]

Answer:

The average fixed cost is $2.4.

Explanation:

Vipsana's Gyros House sells gyros.

The cost of ingredients to make a gyro is $2.00.

Vipsana pays her employees $60 per day.

She also incurs a fixed cost of $120 per day.

The cost incurred on ingredients and workers is a variable cost.

The total fixed is thus $120.

The average fixed cost for 50 gyros

= $\frac{TFC}{Q}$

= $\frac{120}{50}$

= $2.4

5 0

3 years ago

Suppose there is a simple one good economy that only produces spinning rims. In 2015, the economy was able to produce 1 million

Alex_Xolod [135]

Answer: 0

Explanation:

Firstly, we will calculate the nominal value in 2015 which will be:

= $500 x 1 million

= $500 million

The nominal value in 2016 will be:

= $1000 x 1 million

= $1 billion

Real GDP will be the price of the base year multiplied by the quantity of the current year which will be:

= $500 million x 1 million sets

= $500 million

Therefore, the increase in real GDP is zero.

4 0

2 years ago

Green Day Corporation has outstanding 411,800 shares of $10 par value common stock. The corporation declares a 10% stock dividen

kramer

Explanation:

The journal entries are shown below:

a. Retained earning A/c Dr $3,047,320

To Paid-in capital in excess of par A/c $2635,520

To Common stock dividend distributable A/c $411,800

(Being the date of declaration is recorded)

It is computed below:

For retained earning

= 411,800 shares × $74 × 10%

= $3,047,320

For common stock, it is

= 411,800 shares × $10 × 10%

= $411,800

b. Common stock dividend distributable A/c Dr $411,800

To Common stock A/c $411,800

(Being the date of distribution is recorded)

7 0

3 years ago

Treasury Bonds are _______.A. liquid, but not a store of value. B. a store of value, but not liquid. C. both liquid and a store

miss Akunina [59]

Answer:

C. both liquid and a store of value.

Explanation:

Treasury Bonds are fixed interest long term government debt instrument issued by the government through the monetary authorities (Federal Reserve or Central Bank) to raise fund from the public. Treasury bond has a maturity of between 10 and 30 years.

Treasury bonds is one of the most liquid financial instrument in the world as it can be turned to cash within a day.

The T-Bond, as treasury bonds is often called is a good store of value as it pays interest and the principal is backed by a legal contract.

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3 years ago

Which of the following is NOT a necessary condition for oligopoly? differentiated products barriers to entry strategic dependenc

stepladder [879]

Answer:

differentiated products.

Explanation:

An oligopoly occurs when a few large firms dominate a market and they aim to maximise profit. The action of one firm has significant effect on the market, so the firm's are interdependent.

There are high barriers to entry including use of government liscences, patents, economies of scale, and actions taken by firms to discourage entry into the market.

However differentiation of products is not a necessary condition for oligopoly. Products can be homogenous or differentiated.

8 0

2 years ago