Answer:
-$7billion
Explanation:
Given that
Exports of goods and services=$12 billion
Imports of goods and services=$14 billion
Net income on investments= -$4 billion
Net transfers= -$1 billion
Increase in foreign holdings of assets in the United States= $6 billion
Increase in U.S. holdings of assets in foreign countries= $3 billion
Recall that
CAB = (X - M) + NY + NCT
Where
X = export
M = import
CAB = current account balance
NY = net income from abroad
NCT = net current transfers
Therefore
CAB = (12 - 14) - 1 - 4
= - $7 billion
Answer:
National Franchise Mediation program ( D )
Explanation:
The National Franchise Mediation program is charged with the responsibility of resolving disagreements/issues arising in the Franchise system of business between the Franchisor ( owner of the business name ) and the Franchisee ( buyer of the business name ) outside the court of law.
The National Franchise mediation program will arbitrate the dispute between Mario Dean and Wendy by listening to the various complaints that would be reported by both Wendy and Mario Dean before giving out a fair , just and impartial ruling on the dispute brought before it. the National Franchise Mediation program is a very vital program for the survival of the Franchise system of business.
Answer:
a. Average total cost minus average fixed cost.
Explanation:
- Total cost of production (TC) can be expressed as the sum of two elements: total fixed cost (F) -those cost that do not vary with output level - and total variable cost (V) - which are those cost that vary with the level of production.
- Average total cost (ATC) is simply the division of total cost by the output produced (Q):
. - Average variable cost (AVC) is the division of variable cost by the output produced:
. - Then, average variable cost can be obtained by :
- dividing the total variable cost by output (option c) or
- subtracting to average total cost the fixed average cost (
), (option a).
