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IRINA_888 [86]
3 years ago
12

You purchase a new stereo at a local electronics store and decide to pay using your credit card. You

Business
1 answer:
S_A_V [24]3 years ago
3 0

Answer:

D. 0% interest for 1 year and 12% interest after that

Explanation:

Since you are purchasing a new stereo and will be paying it off within a year, it will be best to choose a credit card that charges the lowest interest rate in the first year. This will be the one with 0% interest rate for the first year; choice D. After you use it , fully pay off the amount and you can cancel your credit card so you don't get charged the 12% interest rate from year 2 going forward.

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Assume that the United States has a comparative advantage in aircraft manufacture and India has a comparative advantage in produ
AlekseyPX

Answer:

1. Explain who in the United States would gain?

The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles.

2. Who might lose from dismantling trade barriers between the United States and India?

<em>The USA will lose if trade barriers are dismantled.</em>

The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.

Explanation:

1. The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles. The government will make huge revenues from the import duties since India will manufacture the textiles at the cheapest costs per unit and influx the USA with affordable and quality clothing.

2. The USA will lose if trade barriers are dismantled.

The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.

5 0
3 years ago
Courtney is the finance head of a tourism company. Recognizing that the company is hard-pressed financially, she decides to canc
luda_lava [24]

Answer:

a. Romanticizing risk

b. Creating a vision for the organization

c. Developing a personal brand and building trust

d. Concentrating resources on areas that need the most change

Explanation: These strategies will help the company to regain it's productivity level because the focus must be on the way forward not the problem of the company at hand.

3 0
3 years ago
Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and
aleksandr82 [10.1K]

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

8 0
3 years ago
A bank wants to earn a real return of 5% on a loan. Suppose the bank expects the inflation rate to be 4%.
Bumek [7]

9% is the minimum nominal interest rate

<h3>What is nominal interest?</h3>

In finance and economics, the nominal interest rate or nominal rate of interest refers to one of two things: the rate of interest before inflation adjustment, or the rate of interest "as stated" without adjustment for the full effect of compounding.

The relationship between nominal and real interest rates can be approximated as nominal rate = real interest rate + inflation rate or nominal rate - inflation rate = real interest rate.

Nominal interest rates can be influenced by a variety of factors, including money demand and supply, federal government action, central bank monetary policy, and many others. The short-term nominal interest rate is used by central banks as a monetary policy tool.

To know more about nominal interest follow the link:

brainly.com/question/25816355

#SPJ4

6 0
2 years ago
The short-run break-even price A) is the price at which the firm's current liabilities are paid off. B) is the price at which a
kkurt [141]

Answer:

B. is the price at which a firm's total revenues equal total costs

Explanation:

The short run in economics is a period of time in which one factor of production is fixed and others are varied. In the short run, the market is not fully in equilibrium. Break even is the point in which the total cost used in the course of production is equal to the total revenue earned from the products produced. In a break even scenario, there is no profit and there is no loss. At this point, firms are making normal rate of return on money invested and are able to settle all cost of production.

8 0
3 years ago
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