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4 years ago

What was the Bretton Woods system?

Business

1 answer:

KonstantinChe [14]4 years ago

5 0

Answer:

the International Trade Organization.

Explanation:

The Bretton Woods system was a post-World War II reconstruction plan which took place in New Hampshire to found three key institutions to promote capitalism, policy coordination and free trade respectively: the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), which later became the World Bank, and the International Trade Organization, which later became the World Trade Organization.

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Potential GDP is:

Eva8 [605]

Answer:

b. maximum amount of output that can be produced given the labor force, capital stock, and technology.

Explanation:

GDP refers to the gross domestic product which reflects the finalized value of the goods and services produced domestically

On the other side, the potential GDP refers to the maximum level of output that can be produced by considering the labor force, capital stock, technology by taking the constant inflation rate

Therefore option b is correct

7 0

4 years ago

On September 23, Reese Company received a $350 check from Mike Moluf for services to be performed in the future. The bookkeeper

Zielflug [23.3K]

Answer:

debit Accounts Receivable $350 and credit Unearned Service Revenue $350.

Explanation:

Based on the information provided within the question it can be said that in order to correct this entry the bookkeeper needs to debit Accounts Receivable $350 and credit Unearned Service Revenue $350. This is because the $350 are coming into the account (debit), but since it is for a future service it also needs to be placed as credit Unearned Services.

6 0

4 years ago

Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th

vitfil [10]

Prior to closing, a final walk through of the property should be performed to ensure that everything has remained as stated in the sales contract. The walk through is generally completed by the: buyer

<h3><u>Explanation:</u></h3>

In real estate field final walk through refers to the inspection that is carried out finally before signing the documents. The local purchase and sales contract determines the time period at which the final walk through must be taken place. It helps the buyer to ensure the conditions to the property before signing the legal documents.

A final walk through helps a buyer to inspect whether all the things that are stated in the sales contract are fulfilled by the seller. Hence, it must be completed only by the buyer. If the seller has mentioned some modifications or repairs to be done then it should also be completed as per the stated requirements of the buyer.

3 0

4 years ago

Kelly's corner bakery purchased a lot in oil city six years ago at a cost of $278,000. today, that lot has a market value of $26

Nostrana [21]

$1,294,000 here ya go

6 0

3 years ago

If the supply of loanable funds exceeds the demand then borrowers will bid up the interst rate.

lina2011 [118]

Answer:

False

Explanation:

When supply of loanable funds increases, the borrowers have more sources of availing loans. Such a situation leads to a competition among suppliers of loanable funds.

Thus, to attract borrowers, suppliers have to lower the rate of interest on loans.

Thus, Borrowers will not bid up the interest rate in such a scenario and would rather bid down the interest rate.

7 0

4 years ago