Answer:
False
Explanation:
This is a definition of Balance of Payment hence making this statement false. This is commonly confused since they almost sound the same. Here's the difference; Balance of payment is for recording all economic transactions of a country with other countries like inflow and outflow of foreign exchange, so basically money. Balance of trade on the other hand is the difference in the value of a country's imports and exports.
Hope I can help you out
With an open-end credit load, you may down pay your loan balance and reuse those funds in the future. All adjustable rate Reverse Mortgage loans that were currently offer are considered open-end credit.
With closed- end credit load, you can pay down the load balance, but you cannot redraw those funds in the future, Today in a store, fixed rate load offerings are considered closed- end credit
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Answer:
Elasticity of demand measures how the amount of a good changes when its price goes up or down.
Explanation:
bruh
Answer:
profit and loss statement
Explanation:
the excel sheet has been attached kindly refer the attachment.
Answer:
Opportunity cost = $345,000
Explanation:
Given:
Total investment = $300,000
Give up job revenue = $45,000
Opportunity cost = ?
Computation of opportunity cost:
Opportunity cost refers to the price we are willing to lose to get something.
Opportunity cost = Total investment + Give up job revenue
Opportunity cost = $300,000 + $45,000
Opportunity cost = $345,000
