1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Artist 52 [7]
3 years ago
8

If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, t

he effect would be:_______
A. to make steel consumers, such as auto manufacturers, better off
B. to lower steel prices, since steel would not have to be transported as far
C. to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole
D. to improve the well-being of foreign steel producers, since they would not have to ship steel all the way to the United States
Business
1 answer:
mr Goodwill [35]3 years ago
7 0

Answer: The correct answer is "C. to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole".

Explanation: If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, the effect would be: <u>to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole.</u>

The result would be the opposite of the one sought, since the United States seeking to produce all its steel so as not to import large quantities, would slow down the economy, this means that the economy would become flat, or in decline in which companies and consumers tend to make less decisions of purchase.

You might be interested in
A way to build good credit is
natima [27]

Answer:

C is the right answer!

4 0
3 years ago
Read 2 more answers
Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res
Luda [366]

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

5 0
3 years ago
Business combinations historically have been accounted for as either purchases or poolings of interests. Now, with SFAS 141(R),
lora16 [44]

Answer:

Explanation:

FASB amended the rules to improve the comparability of the information about business combinations provided in financial reports. A variable interest entity is a legal business.

The Financial Accounting Standards Board issued SFAS 141(R) in 2007 December, to substitute the SFAS 141. Evaluating the comment letters, articles and industry publications, they analyzed issues that were with SFAS 141 from the perspective of professionals, users and the FASB; it was evaluated 141(R) to ascertain these weaknesses and they were corrected with solutions been profound in 141(R).

8 0
2 years ago
Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the projec
otez555 [7]

Answer: B - 2.09 years

Explanation:

Discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cash flows generated from the project.

The calculation used in getting the answer is found in the attachment.

6 0
3 years ago
On the end-of-period spreadsheet, Supplies has a balance of $2,000 in the Unadjusted Trial Balance Debit column and an adjustmen
Mademuasel [1]

Answer:

$1,500

Explanation:

On the end-of-period spreadsheet, the credit adjustment of $500 is made in the Debit balance of Supplies inventory, which will net off the values and resulted Supplies Inventory value will be $1,500 at the end of the year and it will be reported on the financial statements. $1,500 should be appeared for supplies in the adjusted Trial Balance column.

7 0
3 years ago
Other questions:
  • Making periodic deliveries of products to each zara store is an example of
    11·2 answers
  • A survey of businesspeople from Argentina, Brazil, Chile, Columbia, and Venezuela found that the _____ market, on average, was m
    6·1 answer
  • The threat of substitutes is the most significant force in the _____ industry structure introductory decline growth mature
    11·1 answer
  • Which of the following statements is CORRECT? a. The WACC that should be used in capital budgeting is the firm's marginal, after
    7·1 answer
  • The comparative financial statements for Prince Company are below:
    8·1 answer
  • HELP QUICK! Scanners, copiers, webcams, flash drives, and printers are examples of
    14·2 answers
  • Sheffield Corp. bought a machine on January 1, 2011 for $814000. The machine had an expected life of 20 years and was expected t
    6·1 answer
  • g Distinguish between the total U.S. debt and the debt held by the public. Why is the debt as a percentage of GDP more relevant
    8·1 answer
  • Many organizations use the same process capability standard for all their products or services (e.g., 1.33), but some companies
    13·1 answer
  • _______________________ communications involves ensuring that stakeholder communication needs are met.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!