Answer:
Option (2) is correct.
$20; 800
400;400
Explanation:
Given that,
Demand for apples in the U.S. : Qus = 800 - 20P
Foreign Demand for apples: Qf = 1200 - 40P
World Demand for apples, Qwd
= Demand for apples in the U.S. + Foreign Demand for apples
= Qus + Qf
= 800 - 20P + 1200 - 40P
= 2,000 - 60P
Equilibrium price for apples is at a point where the world supply is equal to the world demand for apples:
Qwd = Qws
2,000 - 60P = 200 + 30P
1,800 = 90P
P = 20 ⇒ world equilibrium price for apples
Therefore,
world supply of apples is Qs = 200 + 30P
= 200 + 30(20)
= 200 + 600
= 800
At equilibrium Pw = $20
Demand for apples in the U.S. : Qus = 800 - 20P
= 800 - 20(20)
= 800 - 400
= 400
Answer:
b. receive and process bids for Treasury securities in preparation for the Treasury's auction of securities.
Explanation:
The Fed and their regional banks are authorized by the Federal Reserve Act of 1913 to act as fiscal agents if the Secretary of the Treasury requires them to do so. Theoretically, this shouldn't be a normal activity, it should only happen on demand of the Secretary of the Treasury.
True because when you don't have enogh time with your family you can be unhappy and you might not be as cheerful around people.
Answer:
A contribution can be made based only on the income earned from part-time work
Explanation:
Contributions like IRA contributions can only be done on income that the divorced woman earns. The income from her work is $3000. The 2,400 alimony she collects as child support payments is not money from her earned income. So she cannot use this in addition for the purpose of making such a contributions. Therefore, a even with an earned income from work and alimony payments, she can only make the contribution out of the income earned from work.
Answer:
The correct answer would be option B, The infant industry argument.
Explanation:
Ford and General Motors established a small cal producing industry in Australia in 1950s and argued on a high tariffs on car imports. Until 2000 the tariff remained though the years and at 2000 it was 22.5 percent. So Ford and General Motor's argument was most likely the Infant industry argument. Infant industry argument is the series of arguments which states that a small industry should be nurtured just like infants until it reaches the pace that other industries have in the market at the moment. It means that the small new industry should be protected until they can attain similar scale of economies.
