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3 years ago

Xcel when intentional concealment is involved, what course of action is the injured party entitled to?

1 answer:

8 0

Rescission of the contract, which is cancelling the contract and making the parties as close to how they were before the contract started as possible.

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In the treatment of U.S. exports and imports, national income accountants _____. rev: 04_09_2018 Multiple Choice subtract export

pogonyaev

Answer:

The correct answer is: add exports but subtract imports in calculating GDP.

Explanation:

National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.

In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.

6 0

3 years ago

A report indicated that the average real wage in manufacturing declined by 2 percent between 1990 and 2000. If the CPI equaled 1

inn [45]

Answer:

W = $27.34

Explanation:

Given data:

Percentage Decline in average income is = 2%

CPI in 1990 1.30

CPI in 2000 is 1.69

Average nominal wage is 2000 is $35

Inflation rate is given as

Inflation rate = % Change in CPI

= (1.69 / 1.3) - 1

= 1.3 - 1 = 0.3 = 30%

Real wage = Nominal wage / Price level, hence

Percentage change in real wage = % Change in (nominal wage - inflation rate)

-2% = % Change in nominal wage - 30%

% Change in nominal wage = 28%

let nominal wage in 1990 is w

W\times 1.28% = $35

solving for W = $27.34

8 0

3 years ago

In general, education is correlated to income

liq [111]

Answer:

positively.

Explanation:

The correlation between education and income is positive a more educated person will always have a better income than one that is not. But along the statistical distribution of this correlation there are people that deviate for the curve (standar deviation) and even though they are educated they do not earn as much money to others that have the same level of education.

3 0

3 years ago

Read 2 more answers

Jones Company received $2,200 in cash during March for Service Revenue for a job that will be completed in May. This job would b

Katena32 [7]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $2,200

To Service revenue $2,200

(Being cash is received)

Since the cash is received so we debited the cash account and credited the service revenue account as the service is completed which create an income for the business organization.

We do not write unearned service revenue as the amount is actually received from the customer

7 0

4 years ago

They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their

mojhsa [17]

Answer: to protect the economic freedom of all of its citizens

Explanation:

The above quote by Adam Smith was him criticizing the common practice in those days of nations trying to control the spending habits of their citizens by passing restrictive laws and limiting the importation and production of certain goods and services.

It would therefore support the U.S. policy of protecting the economic freedom of her citizens such that they may trade whatever it is that they want - so long as it is legal - without restrictions by the government.

3 0

3 years ago