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IgorC [24]
3 years ago
9

In "Unfair Competition With the Sun," author Frederic Bastiat requests passage of a law "ordering the shutting up of all windows

, skylights, dormer-windows, outside and inside shutters, curtains, blinds, bull's-eyes, in a word, of all openings, holes, chinks, clefts, and fissures." Why did the author make this request? a. He was an economist who failed to understand gains from trade and the importance of wealth creation. b. He was a lobbyist for unionized workers seeking to protect jobs in the domestic candle, wax-light, and oil industry. c. He was a member of the French Parliament using satire to illustrate the foolishness of the arguments used by the proponents of trade restrictions. d. He was a medical scientist seeking to protect residents from a skin cancer epidemic caused by excessive exposure to the sun.
Business
1 answer:
Montano1993 [528]3 years ago
8 0

Answer:

c. He was a member of the French Parliament using satire to illustrate the foolishness of the arguments used by the proponents of trade restrictions.

Explanation:

Frédéric Bastiat was an economist, journalist and member of the French parliament in the wing of economic liberalism. Regarding his economic thinking, Bastiat had a strong inclination or liberalism and consumer protection against any kind of corporate authority. For him, the government was responsible for guaranteeing the lives of citizens, individual and commercial freedom and protection of property. Regarding commercial freedom, he presented himself against commercial restrictions, he thought this was a step backwards and satirized those who defended it, as you can see in the question above.

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"Boeing Company was scheduled to deliver several of its 747-400 jumbo jetliners to Northwest Airlines by December 31, 1988. Nort
MAXImum [283]

Answer: NO, Northwest

Airlines can not recover lost credit tax, it has been forfeited.

Explanation:

What is a CREDIT TAX, this are grants given by government which is therefore used in replacing OLD APPLIANCES, and help tax payer reduce their total cost of housing unit.

As a result when due and over a year or more of request, it would be termed as unrecoverable.

The BOEING company, is an aviation company that manufactures Airplanes, jets and other airline Gadget, which are considered fast and reliable.

Boeing company airplanes and jetliners can fly 416 passenger within the range of 13,450kilometer, (8,360) miles.

The NORTHWEST AIRLINES, are in business with Boeing company and made several orders.

Due to the high expectance of getting a credit tax, on the investment they made on the JUMBO JETLINERS, from the boeing company, they put up a deadline, with an investment of $16 million

Now, due to TAX BREAK given to airlines and credits tax, the northwest wanted to use this medium to offset their cost and mitigate their future revenue and profit.

Since, the Boeing company failed in meeting up with the deadline made by the Northwest airlines which was to be as at DEC, 31st 1988.

Northwest airlines lost the credit tax they were to receive, on the planes they were expecting, and therefore decided to recover those lost credit tax from the Boeing company.

This is where the north airlines would request for a discount on the cost of the airplanes they invested on, or requiring a total refund because they couldn't meet their target.

Boeing company will definitely be at loss, due to the cost over head they encountered during production process, which they definitely won't agree to.

The credit tax has been forfeit, because its exceed more than a year of request and cannot be demanded for anytime in future.

5 0
3 years ago
Read 2 more answers
A refrigerator used by a wholesale warehouse has a cost of $64,000, an estimated residual value of $5,200, and an estimated usef
PilotLPTM [1.2K]

Answer:

(64,000- 5,200 = 58,800).

Explanation:

Subtract your originial cost from the residual value. (64,000- 5,200 = 58,800).

3 0
3 years ago
Under the temporal method, income statement items that relate to newly recognized assets and liabilities generally are remeasure
ad-work [718]

Answer: historical exchange rate

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The temporal method is also referred to as the historical method. Under this method, the currency of a foreign subsidiary is being converted into the currency of the parent company.

It should be noted that under the temporal method, the income statement items which relate to newly recognized assets and liabilities generally are remeasured using the historical exchange rate.

6 0
3 years ago
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Blababa [14]

Answer:

<em>Flat </em>

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the amount of goods and services produced by an economy divided by the amount of resources used to make those goods and services
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