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baherus [9]
3 years ago
13

he nation of Pecunia had a current account deficit of ​$ billion and a nonreserve financial account surplus of ​$ million in 201

4. a. What was the balance of payments of Pecunia in that​ year? The balance of payments of Pecunia was ​$ nothing million. ​(Enter your response as an integer and make sure to insert the negative sign if​ necessary.)
Business
1 answer:
Andrei [34K]3 years ago
4 0

Answer: -$500,000,000

Explanation:

The Balance of payment is an account that shows the difference between the money coming into a country as a result of transactions with other nations and money going out for the same reason.

Given the figures in the question, the Balance of Payments is;

= Current Account balance + Nonreserve financial account balance

= -1,000,000,000 + 500,000,000

= -$500,000,000

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Answer:

Promoting the recycling of paper and aluminum on university campuses

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Suppose a 4 percent increase in price results in a 2 percent increase in the quantity supplied of a good. Calculate the price el
nikdorinn [45]

Answer:

C) 0.5; The product is inelastic.

Explanation:

Elasticity of supply measures the responsiveness of quantity supplied to changes in price.

Elasticity of supply = percentage change in quantity supplied / percentage change in price

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I hope my answer helps you

3 0
3 years ago
Rita Company buys merchandise on account from Linus Company for $590. Rita sells the goods to Ellis for $900 cash. Use a tabular
rosijanka [135]

Answer:

Record of transaction is given below

Explanation:

given data

Selling price of goods =  $900

Cost of goods sold = $590

solution

we get here Record of transaction in Rita Company that is

Inventory accounts   Dr   $900

Account payable    Cr      $900

and

Record of transaction in Linus Company is

Account receive able  Dr  $900

Sales revenue              Cr  $900

and

Cost of goods sold    Dr   $590

Inventory                    Cr    $590

4 0
3 years ago
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katrin [286]

Answer:

central-location telephone (CLT) facility

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