When the average price level rise in the USA relative the to the average price levels in other countries, American products become more expensive for those countries. Hence, there will a fall in imports level. On the other hand, countries with Lowe prices should experience a rise in the price exports because their products are more price-competitive.
The answer is liquidity (A)
Pay off your balance every month.
Explanation
Avoid paying interest on your credit card purchases by paying the full balance each billing cycle. Resist the temptation to spend more than you can pay for any given month, and you'll enjoy the benefits of using a credit card without interest charged
Society must choose what to produce based on its needs. Because we live in a world of relatively scarce resources, we have to make wise economic decisions.
I hope this helps a lil
<u>A. I and III </u>is the true statement.
I The loss deduction is disallowed
III The sales proceeds are $45 per share
<u>Explanation</u>:
Stock refers to the shared owned by an organization. In the above scenario, ABC stock was sold at $40 per share. A customer purchases 100 shares of ABC stock. The price of the stock goes to $50. After 30 days, the customer decides to re-establish the ABC stock. Now the price of the ABC stock is $55.
During this transaction, the deduction of the loss is not allowed and the sale proceeds are fixed as $45 per share.
