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nordsb [41]
3 years ago
8

The value of goods imported into mexico exceeds the value of goods exported by that country. this suggests that mexico has a​ __

_____.
Business
1 answer:
Simora [160]3 years ago
4 0

Based on the scenario above, the answer is trade deficit. This is considered to be an economic measure in terms of international trade in which the imports of the country are exceeded than of the country’s exports. This is known to be the trade’s negative balance.

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Which phase of decision making finds or recognizes a problem?a) Intelligenceb) Designc) Choiced) Implementation
Mashcka [7]

Answer:

a) Intelligence

Explanation:

Intelligence phase is the first phase in decision making process. It basically attempts to first identify what problems do the organization faces. What are the relevant opportunities for the organisation.

Performing the basic SWOT analysis is the basic aim of this stage. Though it  is not the complete SWOT analysis. But it identifies the opportunities, the data is collected then, and then the possible problems and hindrance are identified.

6 0
3 years ago
A lottery claims its grand prize is ​$15 ​million, payable over 5 years at ​$3000000 per year. If the first payment is made​ imm
xz_007 [3.2K]

Answer:

$ 11, 978,133.75

Explanation:

The grand prize of 15,000,000 is worth the present value of the prize at an 8% interest. The prize is paid every year, meaning its an annuity case.

The present value of an annuity is calculated using the formula

PV = P × <u> 1 − (1+r)−n </u>

  r

Where

P $3,000,000

r is 8% 0r 0.08

n is 5

PV = $3,000,000 x <u>1-(1+0.08) - 5</u>

    0.08

PV =$3,000,000 x<u> 1 - 0. 6805831</u>

    0.08

PV = $ 3,000, 000  x 3.99271

PV = 11, 978,133.75

3 0
3 years ago
a form that instructs your broker to buy or sell a stock as you request, but ultimately at the best price available.
Brilliant_brown [7]
<span>Investment that provides low-risk, moderate growth, and dividend investment opportunities. balanced fund. ... A form that instructs your broker to buy or sell a stock as you request, but ultimately at the best price available. market order.</span>
4 0
3 years ago
Read 2 more answers
A minimum wage below $10 per hour is not a binding minimum wage in this market. (Economists call a minimum wage that prevents th
wel

Answer:

False

Explanation:

Binding minimum wage refers to the minimum wage that not just prevent the labor market from reaching equilibrium but also exceed the wage equilibrium in the market. If the minimum wage is set higher than the equilibrium, most people in the market have to move the wage equilibrium up.

Given that economists call a minimum wage that prevents the labor market from reaching equilibrium a binding minimum wage.

So,  a minimum wage below $10 per hour is a binding minimum wage in this market.

Hence, the given statement is false.

6 0
3 years ago
A one-year insurance policy was purchased on June 1 for $2,400. The adjusting entry on December 31 would be:____________. (If an
Luda [366]

Answer:

Adjusting Journal Entry:

Debit Insurance Expense $1,400

Credit Prepaid Insurance $1,400

To record the insurance expense for the year (7 months).

Explanation:  

This adjustment will cause the Prepaid Insurance account to remain $1,000.  This balance represents the insurance cost for 5 months having deducted the insurance cost for 7 months from June 1 to December 31.  So, in line with the accrual concept and the matching principle of generally accepted accounting principles, only $1,400 Insurance was incurred for the current year.  The balance will be charged to the account when the service is consumed.

5 0
3 years ago
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