We import goods from other countries when they are harder to make in ours, we export goods to other countries when the goods are harder to make or obtain in theirs. if a nation exports more than it imports, a surplus is created. When a country imports goods more than it exports, it creates a trade deficit. A trade deficit in a nation causes it to have to borrow from other countries in order to pay for the imports. On the other hand, a surplus is much healthier for the economy light of the fact that it boosts economic output.
The answer should be two or more and central
If an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need <u>A. Bonds</u>.
<h3>What are bonds?</h3>
Bonds are securities that guarantee the return of capital and periodic interests on a long-term basis.
Types of Bonds include:
- U.S. Treasury Bonds
- Corporate Bonds
- Municipal Bonds.
Thus, if an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need <u>A. Bonds</u>.
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Answer:
A. the rental incomw darnell could receive if he choose to rent out his showroom
Answer:
c. capital goods and durable consumer goods.
Explanation:
Usually when we say business cycle fluctuations, we mean situations such as economic booms and then economic recession periods.
During Economic Booms capital goods and durable consumer goods which are usually expensive to purchase gets increase in demand as the consumers are buoyant economically to get such. For instance, buying houses, vehicles and expensive jewelry increases in demand during economic booms
During Economic Recessions the purchasing power of citizens reduce in the economy, hence, the ability to splurge on capital goods and durable consumer goods reduce.
For others such as clothing and education, military goods and capital goods and services and non-durable consumer goods, they are usually in demand goods and some what necessities that are fairly unaffected by economic booms and recessions.
