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Tanzania [10]
3 years ago
7

Why is it important for the balance of payments to balance?

Business
1 answer:
Rudiy273 years ago
5 0

Answer:

A country's balance of payments tells you whether it saves enough to pay for its imports. ... A balance of payments deficit means the country imports more goods, services and capital than it exports. It must borrow from other countries to pay for its imports. In the short-term, that fuels the country's economic growth.

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Akira's uncle is about to open a car dealership. His property can accommodate a total inventory of 264 vehicles. The auto manufa
sesenic [268]

well, he has room for a total of 264 vehicles, he needs to have "five times as many cars as trucks", namely the cars : trucks ratio must be 5 to 1 or 5:1.

well, to change the total value to a ratio, we simply divide the total amount by the sum of the ratios, namely 264 ÷ (5+1), and distribute accordingly.

\bf \cfrac{cars}{trucks}\qquad 5:1\qquad \cfrac{5}{1}\qquad \qquad \cfrac{5\cdot \frac{264}{5+1}}{1\cdot \frac{264}{5+1}}\implies \cfrac{5\cdot 44}{1\cdot 44}\implies \cfrac{\stackrel{cars}{220}}{\underset{trucks}{44}}

4 0
4 years ago
which combination of forecasting models is likely to lead to the lowest rmse of the combined forecast?
Phantasy [73]

Combination of forecasting models is likely to lead to the lowest rmse of the combined forecast is AR and MA models.

Combining forecasts, from time to time called composite forecasts, refers back to the averaging of unbiased forecasts. These forecasts may be primarily based totally on special statistics or special techniques or both. The averaging is performed the usage of a rule that may be replicated, together with to take a easy common of the forecasts.

The AR element includes regressing the variable on its very own lagged (i.e., past) values. The MA element includes modeling the mistake time period as a linear mixture of mistakess phrases going on contemporaneously and at diverse instances withinside the past.

Learn more about forecasting here:

brainly.com/question/4941976

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8 0
1 year ago
Vroom Vacuums sells the Tornado vacuum cleaner. Each Tornado has a one-year warranty that covers any product defects. When custo
Alik [6]

Answer:

1. The obligation to transfer the vacuum cleaner in lieu of the price.

2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.

Explanation:

The contract for purchase of a vacuum cleaner has two performance obligations;

1. The obligation to transfer the vacuum cleaner in lieu of the price.

2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.

it may be noted that the extended warranty is a separate performance obligation as it can be purchased at the same time of original purchase or later and separate consideration is payable for that and there is no direct co-relation of the extended warranty obligation with the initial purchase.

5 0
3 years ago
Victorinox is the name of the company that manufactures Swiss army knives. As a result of new regulations governing what passeng
Veseljchak [2.6K]

Answer: contingency plans

Explanation:

A contingency plan is a plan that's designed in order to take into consideration ever possible event or circumstance that may occur in the future.

The aim of a contingency plan is to help an organization hat back to its feet as soon as possible when an unforeseen event o circumstance happens.

5 0
3 years ago
What is the starting salary of an entry level librarian? it could hour wage or yearly. ​
chubhunter [2.5K]

Answer:

$46k–84kper year

Explanation:

8 0
3 years ago
Read 2 more answers
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