An informal trade barrier is created by government actions. Oa. True Ob. False

Read the information about two competing credit cards. Credit Card 1 Credit Card 2 Interest rate 0% introductory rate, then 13.8

Likurg_2 [28]

Answer:

a. had major expenses in the first year.

d. Carried a large balance in the long term.

If the borrower has major expenses in the first year, then Credit Card 1 will be a better option since it allows the borrower to repay the credit card balance without paying any finance charges. However, the borrower must repay the credit card balance by the end of the first year in order to take advantage of the introductory offer at 0% interest.
If the borrower had a large unpaid balance over a long term, switching to credit card 1 from a previous credit card will give the borrower a chance to repay the outstanding balance. This option will be effective only if the borrower manages to repay the outstanding balance within the period the introductory offer lasts.

7 0

3 years ago

Read 2 more answers

Cost-push inflation is A. inflation caused by increases in aggregate demand that are not matched by increases in aggregate suppl

Mademuasel [1]

Answer:

C. inflation caused by decreases in aggregate supply that are not matched by decreases in aggregate demand

Explanation:

Inflation occurs when the cost of a basket of goods increases over a period of time. The purchasing power of money is reduced. It is characterised by low supply and high demand.

There are two drivers of inflation: cost push inflation and demand pull inflation.

Cost push inflation results when there is an increase in cost of production of goods and services.

This reduces the amount of goods supplied and increases their price.

Demand does not reduce in this scenario, so reduced supply does not match the excess demand.

On the other hand demand pull inflation occurs when there is increased demand for goods and services. Supply cannot meet the increased demand

4 0

3 years ago

Shaquille buys new cars for five of his friends. each car cost $70,000. what is the amount of shaquille's taxable gifts?

marusya05 [52]

Shaquille bought new cars for five of his friends. Every car cost $70,000. $280,000 is the sum of Shaquille's taxable gifts.

<h3>What gifts are not chargeable to tax?</h3>

It can contain Cash, movable property, immovable property, jewelry, etc. If such offerings are received from a close relative, it is not taxable. If obtained from others, the value is equal to less than Rs. 50,000 no tax is levied on the recipient.

5 × ($70,000 - $14,000) = $280,000

If you give any one individual gifts valued at more than $10,000 in a year, it is required to report the total grant to the Internal Revenue Service.

To learn about movable property visit the link

brainly.com/question/1251466

#SPJ4

7 0

1 year ago

Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product

tekilochka [14]

Answer:

Explanation:

In this question, we apply the lower of cost or market (LCM) rule which is shown below:

For Product 1

The Cost is $20

And, the market value = Selling price - selling cost - normal profit margin

= $40 - $6 - $5

= $29

So, the lower value would be $20

For Product 2

The Cost is $90

And, the market value = Selling price - selling cost

= $120 - $40

= $80

So, the lower value would be $80

For Product 3

The Cost is $50

And, the market value = Selling price - selling cost - normal profit margin

= $70 - $10 - $12

= $48

So, the lower value would be $48

In the product 2, the replacement cost is 85 and the market value without considering the normal profit margin is $80 which is less than the replacement cost that's why we do not take the normal profit margin

5 0

3 years ago

Why are japan,south korea, America and Europ an countries developed

ratelena [41]

Answer:

Japan , south korea, America and Europe are developed countries

Explanation:

Because These countries hasn't ranked as the corrupt country.
These countries buildup every new ideas that comes up .
There is a proper facility, sufficient dependable data,no nepotism and manipulation.
There is no economical statistics.
There e proper education.
Due establishment of manu industries.
Good governance
There is no discrimination among people.

6 0

3 years ago