Answer:
If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up
paying a higher price for the good than they otherwise would.
Explanation:
Import-restricting tariffs increase the cost of goods and services imported from other countries. Governments have various reasons for making such impositions. Some claim that the tariffs are imposed to protect local industries or to comply with local content requirements. However, these restrictions hamper free trade. They also distort the competitiveness of nations.
Then the total budget variance is $1000
The entire budget variance formulation: overall budget variance = (general amount x general rate) - (actual amount x actual fee). = (350 x $12) - (four hundred x $thirteen) = $4200 - $5200 = $one thousand adverse.
A budget variance is an accounting time period that describes times wherein actual prices are both better or lower than the usual or projected expenses. A destructive, or terrible, financial variance is indicative of a financial shortfall, which may additionally arise due to the fact sales pass over or expenses are available higher than expected.
A price range variance is a difference between the budgeted or baseline quantity of fee or sales and the real amount. The budget variance is favorable while the real sales are higher than the finances or while the actual expense is less than the finances.
Sensible budget variance analysis can assist finance teams to spot tendencies, capacity issues, opportunities, and threats in deliberate budgets so that you can make the modifications important to gain their objectives. A finances variance evaluation can also assist spot deviations among the centered vs. real budgets.
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The borrower needs to bring the 10% down payment and another $3,3330 for points for a total of $21,830.
Answer=$21,830
The most important decision-specific characteristics that make accounting information helpful are relevance and faithful depiction.
Accounting data is the information that is recorded in the books of accounts and is utilized by management to make decisions. Financial statements are created using this data.
The information provided should be pertinent to the financial statement users and aid in their decision-making. Users may rely on the reported information to develop their opinions and make decisions because dependability guarantees that correct information is reported. According to the feature of relevance, the information must be both confirmatory and predictive in order for users to make and assess economic decisions. The type and substance of information have an impact on its relevance. A depiction would need to have three qualities in order to be an exact replica. It would be whole, impartial, and error-free.
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<span>Several multinational companies close their factories in the nation because of its changing economic climate.
Shifts left. The maximum production of the economy is lower because their are fewer factories.
A mass e-learning initiative makes education cheaper and accessible across the nation.
Shifts right. This makes education less expensive, freeing up public and private money for investment and other uses which can further increase output.
Government money is illegally taken by increasingly corrupt bureaucrats and politicians.
Shifts left. this money is taken out of the economy where it could otherwise be invested in factors of production.
New economic policies facilitate the signing of new international trade agreements.
Shifts right. Increased trade opens up markets to foreign imports/exports and investment, increasing the maximum capacity of the economy. </span>
