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Nutka1998 [239]
4 years ago
9

Euphrasia, a mixed open​ economy, was severely affected by a recession that almost paralyzed its service sector. The Euphrasian

government announced a fiscal stimulus package of​ $15,000 billion to boost economic growth. GDP of the economy was expected to increase by 2.5 percent during the following year after the implementation of the fiscal stimulus package.​ However, it was observed that instead of​ increasing, the GDP of Euphrasia actually declined by 0.75 percent that year. Which of the​ following, if​ true, will explain this​ outcome? a. A number of public sector enterprises in Euphrasia were privatized. b. One of​ Euphrasia's neighboring​ countries, which is a closed​ economy, experienced a sudden decline in output and prices. c. The gross saving rate in the economy declined during that year. d. ​Euphrasia's population increased by 4.5 percent that year. e. Oil imports declined as countries exporting oil reduced supply.
Business
1 answer:
Flura [38]4 years ago
4 0

Answer:

E) Oil imports declined as countries exporting oil reduced supply.

Explanation:

Oil is extremely important for industrialized nations and since Euphrasia is a mixed open economy, we can assume that it is an industrialized nation. Oil has become the most important energy source for more than 60 years and is the raw material for manufacturing plastic.

During the 1970s and early 1980s the American economy was shattered by an increase in the price of foreign oil and a decrease in its domestic production levels. The importance of oil is also why so many modern wars have been fought over oil production and reserves.

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hammer [34]

Answer:

Net income will be $160000

So option (c) will be the correct answer

Explanation:

We have given debt common stock = $680000

Credit liabilities = 350000

Credit paid in capital = 190000

And excess of par 30,000 credit Assuming the only changes in retained earnings

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Dividend paid = $50000

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So option (c) will be the correct answer

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3 years ago
What resourse is both renewable and inexpensive?<br><br> gold<br> coal<br> lumber<br> mineral
balu736 [363]
Minerals. Plants contain minerals and it's inexpensive which means it's not that much expensive. Minerals are all around is. Ur welcome.
8 0
4 years ago
Paquette purchased a building and land and immediately tore down the building how should they record the expense?
hammer [34]

Paquette purchased

federalism

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Reconstruction

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7 0
2 years ago
Rudyard Corporation had 110,000 shares of common stock and 11,000 shares of 7%, $100 par convertible preferred stock outstanding
Burka [1]

Answer:

$2.73

Explanation:

<em>Diluted Earnings Per Share = Earnings Attributed to Common Stockholders ÷ Weighted Average Number of Common Stockholders Outstanding</em>

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3 years ago
Online Book Merchants offers premium customers 1 free book with every purchase of 5 or more books and offers 2 free books with e
EastWind [94]

Answer:

A statement that assigns freeBooks the appropriate value based on the values of the boolean variable isPremiumCustomer and the int variable nbooksPurchased.

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