Lilliput's net exports are ($244 billion). Therefore, Lilliput is running a trade deficit of $244 billion.
A trade surplus implies that Lilliput's exports are greater in value than its imports. A situation of <em>"neither a trade deficit nor a trade surplus"</em> exists when the exports are equal in value to the country's imports.
Data and Calculations:
Lilliput's exports = $205 billion
Lilliput's imports = $449 billion
Net exports for Lilliput = ($244 billion)
Thus, Lilliput is running a trade deficit of $244 billion because its imports <em>are worth more than its </em><em>exports.</em>
Learn more: brainly.com/question/25520478
Answer: $198,515.29, $207,693.20, $209,903.91
Explanation:
Interest calculations:
1. Compounded annually
= A=50,000(1+0.09)^16
A= 50,000(1.09)^16
A=50,000(3.97030588)
A= $198,515.29
2. Compounded quarterly
= A=50,000(1+0.09/4)^16*4
=A= 50,000(1.0225)^64
A=50,000(4.15386394)
A= $207,693.20
3. Compounded monthly
=A=50,000(1+0.09/12)^16*12
A= 50,000(1+0.0075)^192
A=50,000(4.1980781995)
A= $209,903.91
The "theoretical" price of one beer goes up for a second or subsequent DUI.
One may cost you up to $8000 dollars in some countries, and the second one may cost even more.
Answer:
b. reduced the price elasticity of demand for its products.
Explanation:
The price elasticity of demand refers to the relationship between the percentage change in the price of a good and the percentage change in the quantity demanded
Like it in the question, it is mentioned that Nike charged a higher price and does not want to lose many sales which results that it declines the price elasticity of product demands