Measuring the impact of a quota or tariff on the u.s. economy is an example of positive analysis. S<span>tating that a quota or tariff should be eliminated is an example of normative analysis.
</span><span>Positive analysis are analysis that are objectives and fact based. </span><span>
Normative analysis on the other hand are analysis that are opinions. This means that they cannot be proved or disproved.</span>
It depends on what you're talking about.
Some challenges are economical and some are crucial for the balance of both of the systems.
Answer: D) can still manipulate their earnings to some degree.
Explanation: Generally Accepted Accounting Principles(GAAP) are the terms ans standards on which financial accounting works. The organizations that used financial statements in accordance with the GAAP can alter the earning of the firm if they want or require.
Other options are not that appropriate because cash flow is effected is not necessarily indicated by it. They can persist distinctness for revenue or expense .They don't keep records only for the suffering time.Thus, the correct option is option(D).
The definition you provided defines the term market economy
Answer:
b. a valid offer.
Explanation:
A valid offer is when one party expresses interest of entering a contract that will be beneficial to both parties. There are three elements of valid offers:
- Communicated: the offeror communicates his willingness bro enter the contract with the offeree.
-Commited: is the offeror committed to the contract.
-Definite terms: in making the offer, the will be definite terms to the sale. This can be defined later during negotiation.
So the language "I offer to sell you my 1974 White Ford Torino" is a valid offer.