Answer:
He is used to paying less for other things. He expected the glasses to be cheaper.
Answer: Trade policies are coordinated and there are less restrictions on imports and exports.
Explanation:
An economic community is an agreement entered into by countries to enable higher cooperation in areas of politics and economic activities. In an economic community, the charges placed on import and export among member nations is minimal. An example of an economic community is the ECOWAS.
Answer:
M1 $2,530 billion
M2 $10,644 billion
Explanation:
- M1 = Currency held + Travelers check + Checkable deposits
= $(1,124 + 4 + 1,402) billion = $2,530 billion
- M2 = M1 + Savings deposits + Time deposits + Money market funds
= $(2,530 + 6,884 + 583 + 647) billion = $10,644 billion
Answer:
$62,400
Explanation:
Assets are Economic resources controlled by the entity as a result of past events from which cash is expected to flow into the business.
Assets include the following Amounts:
Cash from Bank Note $20,000
Cash from Stock Issues $40,000
Supplies Inventory $4,000
Payment for Supplies ($1,600)
Total Available Assets $62,400
