The penalties are:
- They won't be protected by any international organization if they're experiencing a dispute during an international trade
- They're required to pay a more expensive quota if they intended to form a trade relationship with members.
Answer:
Higher prices.
Explanation:
Expansionary monetary policy seeks to grow the economy by increasing the money supply, lowering interest rates, and stimulating demand. As we know from the supply/demand curves, higher demand leads to higher price levels.
Answer:
a. consumer preferences
b. number of buyers
c. incomes
d. price of related goods
e. price of related goods
f. expectations
Explanation:
a. consumer preferences
: It is characterized as the qualitative of the numerous bundles of products, as calculated by utility.
b. number of buyers
: The number of buyers willing and capable to purchase goods is presumed to be continuous when building a demand curve.
c. incomes
: Income is funds earned by an external party in return for the purchase of a product or service or through the expenditure of cash.
d. price of related goods
: Cost and demand for the products. Fits are resources that are used together.
e. same as D.
f. expectations: A firm belief that anything is going to happen or be done in the future.
Answer:
Mary can cancel the transaction at any time before midnight of the third business day thereafter.
Explanation:
If she is having second thoughts about the deal , then Mary can cancel the transaction at any time before midnight of the third business day thereafter this is due to the fact that Mary may exercise the right to rescind or cancel the transaction until midnight on the third day after the transaction. She can cancel the deal at no cost to herself within 3 days of closing.
Answer:
a. The amounts that are included in Ralph's gross income this year if a tenant signs lease 1 on December 1 and makes timely payments under that lease
= $8,640
b. The amounts that are included in Ralph's gross income this year if the tenant signs lease 2 on December 31 and makes timely payments under that lease:
= $7,920
c. The amounts that are included in Ralph's gross income this year if the tenant signs lease 3 on November 30 and makes timely payments under that lease:
= $10,080
Explanation:
a) Data and Calculations:
Leases: Lease Payments Security Remarks
Deposit
Lease 1 Monthly rent = $720 $720 Refundable at the lease end
Lease 2 Yearly rent = $7,920 None None
Lease 3 Monthly rent = $720 $1,440 Non-refundable; last months' rent
1) The amounts that are included in Ralph's gross income this year if a tenant signs lease 1 on December 1 and makes timely payments under that lease
= $720 * 12 = $8,640
2) The amounts that are included in Ralph's gross income this year if the tenant signs lease 2 on December 31 and makes timely payments under that lease:
= $7,920
3) The amounts that are included in Ralph's gross income this year if the tenant signs lease 3 on November 30 and makes timely payments under that lease:
= ($720 * 12) + $1,440
= $8,640 + $1,440
= $10,080
b) Since Ralph is a cash-method taxpayer, the amounts of lease rents that are included in his gross income equal the total amounts received in the calendar-year.
