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Soloha48 [4]
3 years ago
15

1) Consider the following statement: "Exports pay for imports. Yet in 2012 the nations of the world exported about $540 billion

more of goods and services to the United States than they imported from the United States." The apparent inconsistency of these two statements can be resolved by recognizing that
a) these comparisons use different measures of exports and imports.

b) in the short run, exports pay for imports, but in the long run a country can import more goods and services than it exports.

c) in the short run, a country can import more goods and services than it exports, but in the long run exports pay for imports.

d) each measuring agency uses a slightly different accounting system.
Business
1 answer:
Nitella [24]3 years ago
5 0

Answer:

c) in the short run, a country can import more goods and services than it exports, but in the long run exports pay for imports.

Explanation:

In the short run when a country imports more goods than it exports it will have a balance of trade deficit. All nations are striving for balance of trade ( exports will pay for imports). Over time as trade balances the exports will meet up with imports.

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Which of the following would be the most appropriate identifier for a memory location that will store the amount of rainfall for
tino4ka555 [31]

amountOfRain would be the most appropriate identifier for a memory location that will store the amount of rainfall for a given period of time.

<u>Explanation:</u>

A set of characters in a sequence that helps in the identification  any value or a set of set is known as identifiers. Identifiers are unique in nature. A character sequence that is given for storing a set of data should not be given to store another set of data.

They are useful in referencing a variable from which the data or values that are contained in that particular variable can be easily retrieved. For example a variable can be indicated by an identifier totalAmount in which the value stored  is 56000. The starting name of the variable should be given in smaller case letter and second name should be in capital letter.  For instance if you are going to store the value 45 in the variable amountoftime then the variable name should be given as amountOfTime.

4 0
3 years ago
When a company prepares financial statements using standard costing, which items are reported at standard cost
Dmitrij [34]

Answer: Inventories and cost of goods sold.

Explanation:

Standard costing is used in accounting and it simply has to do with the substitution of the cost that's expected for a product with an actual cost when preparing financial statements.

The difference that's then between the actual costs and expected costs are then recorded as variance. It should also be noted that when a company prepares financial statements using standard costing, the items that are reported at standard cost will be Inventories and the cost of goods sold.

7 0
2 years ago
What term describes the relationship between the flow rate and the capacity of each labor resource that works in a process
maks197457 [2]

The reciprocals of one another is the term that describes the relationship between the flow rate and the capacity of each labor resource that works in a process.

<h3>What is a flow rate in production?</h3>

Its means the amount of flow units such as a customers, money, goods going through the business process per unit time.

Hence, the flow rate and capacity of each labor resource are reciprocal because they work together in a process unit.

Read more about flow rate

<em>brainly.com/question/24356835</em>

3 0
2 years ago
Bruce is the owner of Orion Inc., a manufacturer of electronic gadgets. He wants to hire the most honest job applicants as marke
Evgesh-ka [11]

In the context of employee selection, it can be inferred that Bruce is likely to employ an integrity test .

<u>Explanation: </u>

The integrity test is a particular kind of psychological test intended to assess whether the individual is trustworthy, truthful and reliable. The lack of integrity is related to fraud, crime, vandalism, disciplinary issues, and absences.

Two main categories of honesty assessments are covert (character-based) tests that assess features relevant to obedience to rules; and transparent measures that analyze a candidate's attitudes to different CWBs explicitly.

Integrity tests can sometimes be reasonable job performance measurements all in all. This isn't shocking, because honesty is strongly linked to perception, which is a strong indicator of overall employment success.

When tandem with cognitive skills tests, credibility assessments may provide considerable value to a selection process as others ' personality characteristics.

6 0
3 years ago
Q 12.4: chaz denver company has identified that the cost of a new computer will be $40,000, but with the use of the new computer
Anton [14]

Payback period is the length of time a project recovers back the money invested.

Payback period= invested cash/ Net annual cash flow

Therefore payback period =40,000/5000

                                               =8.0 years

Since depreciation is a non- cash expense it is ignored while calculating payback period.                

4 0
3 years ago
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