Adam Smith was the first who alluded to the concept of comparative advantage. This concept has later been elaborated by David Ricardo.
Answer:
Shoe Leather Cost
Explanation:
The effort and time spent to eliminate the effect of the inflation is known as Shoe leather cost.
In this scenario, the company is bearing inflation every second and depositing the amount in the bank by sending the employees four times a day with interest rate that is higher than the inflation will help in reducing the cost of the money held in till. So such efforts and time spent to control inflation is Shoe leather cost. Here the costs, time and effort are sending the employee four times a day to deposit money in the bank.
Answer:
D. Job specifications
Explanation:
Job specification -
It is the piece of information about the qualifications , strength , weakness and characteristics required in the person to take over a job or task .
hence , from the question , Nathan need to be aware about the job specifications , to select the candidate .
hence , from the given options , the correct term for the given information of the question is D. Job specifications .
Answer:
Charlotte is a qualifying child (QC)
Explanation:
The six IRS requirements are: for determining a qualifying child are:
- Relationship: Charlotte is the Lucas's daughter.
- Age: since she is a full time student, she can be up to 24 and still qualify (she is only 22).
- Residence: the time spent studying counts as living with her parents.
- Support: Charlotte is not able to pay for at least half of her expenses.
- Joint return: Charlotte is not filing any joint return.
- Citizenship: apparently Charlotte is American or at least legal alien.
