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3 years ago

Difference between money paid to and money received from other nations in trade is called balance of trade.

Business

2 answers:

goldfiish [28.3K]3 years ago

8 0

Answer:

false

Explanation:

aleksley [76]3 years ago

6 0

Answer:

False

Explanation:

This is a definition of Balance of Payment hence making this statement false. This is commonly confused since they almost sound the same. Here's the difference; Balance of payment is for recording all economic transactions of a country with other countries like inflow and outflow of foreign exchange, so basically money. Balance of trade on the other hand is the difference in the value of a country's imports and exports.

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John owns a second home in Palm Springs, California. During the year he rented the home for $4,000 for 36 days and used the hous

tekilochka [14]

Answer:

Option (C) is correct.

Explanation:

Total expenses:

= mortgage interest + property tax + utilities and maintenance + Depreciation expense

= $5,000 + $600 + $900 + $3,500

= $10,000

Proportionate rental expenses = Total expenses × $\frac{36\ days}{(36 + 14) days}$

Proportionate rental expenses = 10,000 × $\frac{36\ days}{(36 + 14) days}$

= $7,200

Rental Loss = Rental Income - Proportionate rental expenses

= $4,000 - $7,200

= -($3,200)

7 0

3 years ago

At Rolce Technologies, the core design team of 10 employees has daily "stand-up" meetings. All the core design team members gath

4vir4ik [10]

Answer: rituals

Explanation: Rites and rituals, which also include habits and ceremonies, together shape the culture of an organization. A ritual is a series of activities that involve actions, words and things, performed in a locked away position and executed in a fixed sequence.

For example, an employee can eat lunch in the shared lunchroom rather than their desk as a form of habit, or spend five minutes after each meeting debriefing the team about what they learned.

Hence from the above we can conclude that the correct option is D.

8 0

3 years ago

Amy, the chief operations officer of a company that manufactures baby products, formulates a plan on how the company's newly lau

strojnjashka [21]

d. strategic plan

A strategic plan is an evolving set of goals around how a company will meet customer needs and deal with competition and external factors.

4 0

3 years ago

The national accounts of Parchment Paradise are kept on (you guessed it) parchment. A fire in the statistics office destroys s

Mama L [17]

Answer:

GDP [Expenditure Approach] is $7,040, Depreciation is $920

Explanation:

The formula for calculating GDP [Expenditure Approach] is Consumption expenditure + Investment + Government expenditure + Exports − Imports

Mathematically,

Y = C + I + G + (X − M)

Where C = $7,000, I = $160, G = $180, (X-M) = -$300

Y = 7000 + 160 + 180 - 300 = $7,040

GDP [Expenditure Approach] is $7,040

Depreciation = GDP - NDP

NDP = wages + profits + interest + rent + net factor income of unincorporated businesses

Where wages = $5,900, profits + interest + rent = $220, net factor income from abroad = $0

NDP = 5900 + 220 + 0 = $6,120

Applying Depreciation = GDP - NDP, we have:

Depreciation = 7040 - 6120 = $920

N.B: The depreciation is a measure of the statistical discrepancy between the GDP and NDP

7 0

3 years ago

Jeff, a local traffic engineer, has designed a new pedestrian foot bridge that is capable of handling the current traffic rate

Delicious77 [7]

Answer:

a. How long will the current bridge system work before a new bracing system is required?: 64.18 years or 64 years and 2 months.

b. What if the annual traffic rate increases at 8 % annually: The bracing system will last for 24.65 years or 24 years and 7 months.

c. At what traffic increase rate will the current system last only 12 years: 17.13%

Explanation:

a. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 3% or 1.03 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.03^x = 2000. Show the equate, we have 1.03^x = 6.67 <=> x = 64.18

b. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 8% or 1.08 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.08^x = 2000. Show the equate, we have 1.08^x = 6.67 <=> x = 24.65.

c. Denote x as traffic increase rate. The current pedestrian is 300, the grow rate per year is (1+x) times a year. Thus, to reach 2,000 after 12 years and thus a new bracing system to be in place, we have the equation: 300 x (1+x)^12 = 2000. Show the equate, we have (1+x)^12 = 6.67 <=> 1+x = 1.1713 <=> x = 17.13%.

8 0

3 years ago