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defon
3 years ago
14

Consider the following hypothetical data for an open economy​ (in millions):

Business
1 answer:
zavuch27 [327]3 years ago
7 0

Answer: $571 million

Explanation:

International Investment Position​ (IIP) is an Economic measure that is calculated to see the assets owned by the citizens of a country outside the country versus the assets owned by foreigners in the country in question. It is informally referred to as a nation's Balance Sheet with other countries.

It is calculated by;

Value of the International Investment Position of the US = Assets owned outside the US by the US citizens -  Assets owned inside the US for the foreign citizens

= 23,357 - 22,786

= $571 million

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Which of the following scenarios could lower a firm’s demand for labor? Correct Answer(s) James operates a restaurant in a seasi
Sedaia [141]

Answer:

James operates a restaurant in a seaside tourist town. It is winter and all the tourists have left

Rex invests in new computer software that will automate his bookkeeping.

Explanation:

In winter, the patronage at James' resturant would drop because tourists would have left. Because demand at the resturant has dropped, James would reduce his demand for Labour which are his staffs. He would let some staffs go temporarily to reduce costs .

If Rex invests in a software that automates his book keeping, he wouldn't need an accountant to help with his book keeping, so demand for labour would fall.

After Katie's competition closes down, more people would patronise Katie. Katie's demand for Labour would increase because of the influx of customers.

Amy would need labour to obtain wood; her demand for Labour would increase.

If school is just resuming, there would be a high influx of people into the bookstore, the bookstore would increase its demand for Labour because of the high influx of customers .

I hope my answer helps you.

8 0
2 years ago
Candy Company had sales of $320,000 and cost of goods sold of $112,000. What is the gross profit margin (ratio of gross profit t
Strike441 [17]

Answer:

The gross profit margin of Candy Company is 65% (second option)

Explanation:

The gross profit margin is defined as:

Mg = (sales - costs) / price of sales  

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Mg = ($320,000- $112,000) * 100% / $320,000  =  

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Mg  =  65%  

6 0
3 years ago
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melomori [17]

Answer:

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Explanation:

There are 3 types of rock:

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2. Sedimentary: when many layers of  preexistent rocks produce pressure and heat by weigth  melting the rocks.

3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks

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3 years ago
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Leni [432]

Answer:

3. consumers know what is available

Explanation:

3 0
2 years ago
What is a food technologist
Kay [80]

Answer:

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Explanation:

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3 years ago
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