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OverLord2011 [107]
4 years ago
14

Suppose a large country experiences economic growth which results in a reduced willingness to trade. The country’s terms of trad

e will _____ because the fall in demand for imports will cause the price of its exports to _____ relative to the price that it has to pay for its imports.
Business
1 answer:
eimsori [14]4 years ago
4 0

Answer:

The correct answer is letter "B": improve; rise.

Explanation:

Terms of Trade measures the efficiency of a country's trade. It is a ratio which compares the exports of a country with its imports. It is <em>calculated by dividing the export value by the import value, and by multiplying the result by one hundred (100)</em>. A terms of trade figure higher than 100, means a country exporting goods at a higher value than its imports.

<em>Given the case that there is no willingness to trade in an economy after a growth, the most possible scenario to take place is that the trade terms will </em>improve <em>as a result of the decrease in the demand of imports and assuming the level of exports keeps at the constant level that allowed the economic growth or if it even </em>rises<em>.</em>

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You must evaluate the purchase of a proposed spectrometer for the R&amp;D department. The base price is $160,000, and it would c
KatRina [158]

Answer:

a.

$207,000

b.

Year 1: $57,600

Year 2: $67,200

Year 3: $30,000

Explanation:

a.

Calculate the initial outlay of the project at year 0 as follow

Initial Outlay = Base Price + Modification cost + Working Capital requirement

Initial Outlay = $160,000 + $40,000 + $7,000

Initial Outlay = $207,000

b.

The working for the calculation of the cash flow is attached with this answer, please refer to the attached file.

5 0
3 years ago
Suppose the economy enters a recession. If government policymakersdash​Congress, the​ president, and members of the Federal Rese
jonny [76]

Answer:

The correct answer is  ii. The unemployment rate will rise in the short run but return to the natural rate of unemployment in the long​ run, and real GDP will drop below potential GDP in the short run but return to potential GDP in the long run.

Explanation:

The economic recession occurs when there is a decrease in economic activity within a specific country. If shock actions are not taken, the most likely thing that happens is that companies stop hiring staff because they will require much less labor. This situation is explained in Okun's law, which mathematically demonstrates the relationship between the unemployment rate and economic growth.

6 0
4 years ago
Durango Co. pays 40% of its accounts payable in the month of purchase and 60% the following month. Durango Co. expects to purcha
gregori [183]

Answer:

The amount of $64,000 which is should be D (Durango) budget for cash disbursement for the inventory in the month of November

Explanation:

The amount which is should be D budget for cash disbursement for the inventory in the month of November is as:

Amount = 60% of purchase of October + 40% of purchases of November

where

60% of purchase of October = 60% × $40,000

= $24,000

60% of purchase of October = 40% × $100,000

= $40,000

So, putting the values above:

Amount = $24,000 + $40,000

Amount = $64,000

7 0
4 years ago
Jose, a migrant worker who lived in a mobile home, died in a fire. The smoke alarm of the mobile home malfunctioned and did not
SpyIntel [72]

Answer:

These are the options for the question:

  • Breach of duty.
  • Strict liability.
  • Recklessness.
  • Negligence per se

And this is the correct answer:

  • Negligence per se

Explanation:

Negligence per se consist in act that is neglectful, or unlawful, because it explicitely violates a statue or regulation.

In this case, the statue was the new state law that required smoke detectors to be maintained. The company that installed the smoke detector inside Jose's house clearly did not maintain the detector because otherwise, it would have gone off when the fire started, and Jose probably would not have died.

It is a negligence per se from the smoke detector company, and Jose's wife can lawfully sue them for that very reason.

5 0
3 years ago
Shannon and Rene are sisters who enter into a contract to buy an income property. The sisters get into a dispute, and Shannon wa
Citrus2011 [14]

Answer:

Novation.

Explanation:

In this scenario, Shannon and Rene are sisters who enter into a contract to buy an income property. The sisters get into a dispute, and Shannon wants out of the deal. However, their uncle Jerry wants to replace Shannon on the contract. Shannon agrees to the substitution so they go ahead and do it. This is an example of novation.

Novation can be defined as the process or an act of legally replacing a party in a contract with another, adding an obligation to engage or replacing a contractual obligation to perform with another based on the consent of all involved parties.

8 0
3 years ago
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