Answer:
As factors of production, the reward for land is rent, capital is interest, labour is wages and salaries and entrepreneur is profit.
Solution:
Accounts Payable $2900
Cash $2691
Inventory $209
Cleveland didn't pay during the discount period,
So the amount due is $2,700 - 450 = $2,250
Cash was charged in freight charges prior to delivery of the invoice.
When the federal reserve buys government bonds from banks, the monetary base and banking system reserves <u>both increases</u> while keeping all other factors constant.
The Federal Reserve, sometimes known as the Fed, is the most influential economic organization in the United States and maybe the whole world. Its primary duties include controlling the money supply, determining interest rates, and overseeing the financial markets.
In exchange for monthly interest payments, a bondholder lends money to a business or the government for a predetermined period of time. When the bond matures, the bond's issuer pays the investor its money back.
The Fed will buy bonds from banks to increase the amount of cash available, which will provide funds to the banking sector. The Fed will remove capital from the banking system by selling bonds to banks in order to reduce the amount of money in circulation.
Learn more about Federal Reserve
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The correct answer to this open question is the following.
Although the question does not provide any options or particular references, we can say that factors that are driving the internationalization of business are the necessity of countries to establish free trade agreements to compete in the international arena, the developing of cultural factors that penetrate to other countries creating similarities and affinities, the openness of countries that in the past followed protectionist trade rules, and the endless possibilities that new communication technologies are creating to stay connected worldwide.
On the other hand, the major challenges to the development of global systems are cultural restrictions in traditional countries that try to preserve their history, culture, customs, and traditions. And the other big factor could be the political stability of the country that maybe does not have the proper political conditions to be attractive to foreign investment.
Some firms have not planned for the development of internationalization systems because their owners still have the traditional approach of only competing in their former country, not taking the calculated risk of looking abroad for the many opportunities that are out there.
I think the correct answer from the choices listed above is option A. When companies get together to fix prices, the result is a consortium. <span>A </span>consortium<span> is an association of two or more individuals, companies, organizations or governments with the objective of participating in a common activity.</span>
