Answer:
d. international business
Explanation:
A(n) international business is a business that is based primarily in a single country but acquires some meaningful share of its resources or revenues (or both) from other countries.
Answer:
D) better off, its producers of fish will become worse off, and on balance the citizens of Denmark will become better off.
Explanation:
Since the world price of fish is lower than the domestic price of fish in Denmark, the consumers will be better off because they will pay a lower price for the same good which results in an increase in consumer surplus. On the other hand, domestic producers will be worse off because the world price is much lower than their own price, which will result in a decrease of the quantity supplied of domestic fish and a decrease in supplier surplus.
But the overall balance will be positive because the increase in consumer surplus should offset the decrease in supplier surplus, resulting in higher total economic surplus.
Answer:
A warranty is a written promise by a company that, if you find a fault in something they have sold you within a certain time, they will repair it or replace it free of charge.
Answer:
Explanation:
According to the scenario, the following transaction can be put in journal as follows:
Date Account Titles Ref. Debit ($) Credit ($)
Oct. 1 Cash $28,490
Common stock $28,490
Oct.2 No journal
Oct.3 Office furniture $3,276
Accounts payable $3,276
Oct.4 Account receivable $3,600
Revenue on service $3,600
Oct.5 Accounts payable $850
Cash $850
Oct.6 Salary expense $2,500
Cash $2,500
Answer:
The correct answer is option A.
Explanation:
According to the classical theory, the quantity of money is directly related to price level. So, any shortage or surplus in the money market can be corrected by increasing or decreasing price level.
According to the liquidity preference theory, however, money is demanded for transactionary, precautionary and speculative motive. So, only price level does not affects the quantity of money. Interest rates also effect the demand for money.
So, option A is the correct answer.
