Answer:
true
Explanation:
The whole Volkswagen scandal was a huge and elaborate corporate scam. They first tried to blame engineers in their North American division, but then it was known that they cheated in Germany and other European countries, as well as in factories in Argentina and Brazil. The only place that they were not investigated was in China, and that is very suspicious because half of their cars are produced and sold in China. It was a huge cover up operation that was aimed at protecting top executives in Germany.
The first car I bought with my salary was a Jetta (it was much cheaper than a Civic). So I read a lot about the scandal and its effects were not that large in North and South America, but in Europe the allegedly clean diesel engines drove their competition out of the market. French car manufacturers Citroen and Peugeot competed against Volkswagen with diesel cars and after not being able to compete against the wonderful new engines, they went bankrupt. In Europe gas is very expensive, so cars are very small and fuel efficient. The strange coincidence is that a Chinese company bought Citroen and Peugeot, which made them the real winners of the whole situation.
Analyze in food prices and personal items as well.
Hi there
shareholders' equity=
(fixed assets+current assets)-liabilities
shareholders' equity=(700+490)−460
=730...answer
(Note that the amount of retained earnings is not provided so you must use total assets minus total liabilities to derive the correct answer)
Answer:
bank reconciliation:
bank statement balance $21,332
+ deposits in transit $4,724
<u>- outstanding checks $3,713 </u>
reconciled bank account = $22,343
cash account balance reconciliation:
cash account balance $22,352
+ error in recording check $9
+ interests earned $23
<u>- bank fees $41 </u>
reconciled cash account $22,343
Answer:
A free market in tradable pollution permits is typically more efficient than government regulation.
Explanation:
In this scenario, most economists would disagree with the political candidate's statement because a free market in tradable pollution permits is typically more efficient than government regulation.
Most economists would disagree because a free market in tradable pollution permits, is basically giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.
Therefore, her submission is in contrast or conflicts with the concept of real regulations as government regulation may not necessarily be more effective and efficient than the former.
Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.
