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Sloan [31]
3 years ago
10

The Nobel Prize-winning economist Paul Samuelson argued that contrary to the standard interpretation, in certain circumstances t

he theory of comparative advantage predicts that a rich country might actually be worse off by switching to a free trade regime with a poor nation.
a. True.
b. False.
Business
1 answer:
artcher [175]3 years ago
7 0

Answer:

True

Explanation:

Paul Samuelson was an economist and he was the first American to win the Nobel Prize in Economic science. The journey into coming up with comparative advantage started when Stanislaw Ulam challenged him to name a proposition of social science is true and at the same time non-trivial and this led to the Paul's developing comparative advantage years later.

Paul Samuelson however, also argued that while the standard interpretation says a country is better off when it is rich in trading with a poor nation, it is also true that there are circumstances that might leave a rich country worse off  when it switches to a free trade rich with a poor nation.

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Charlie is a manager who, every week, has to review and approve reports, monitor the performance of subordinates, set the vision
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Charlie is a manager who, every week, has to review and approve reports, monitor the performance of subordinates, set the vision and goals for the team, set the structure for the team, and communicate with executives. However, Charlie seems to be in meetings all of the time and has little time to review and approve reports. Charlie is most likely experiencing a hard time at work

<h3>Who is a manager?</h3>

A manager is a leader who have people who directly reports to him. He is charged with the duty of supervision am ensuring that a company goal and objective is achieved.

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2 years ago
Define deferred revenue. Why is it a liability?
bazaltina [42]

Deferred revenue is payment received for goods or services that a customer expects to receive in the future. The company owes the customer until the service is rendered or the goods are delivered. This temporarily turns the sale into a liability.

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Deferred tax liability is an item on a company's balance sheet for which unpaid taxes are recognized but not paid until a later date.

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4 0
2 years ago
The price elasticity of demand is –1.25, and the share of the tax borne by consumers is 0.80. what is the price elasticity of su
Musya8 [376]

<span>Price elasticity of demand is -1.25 =  Ed</span>

Price elasticity of supply = Es

Share of tax by consumers = 0.80 = Es / (Ed + Es) = Es / Es + 1.25

0.8 Es + 1 = Es

1 / 0.2 = Es = 5

Therefore, the price elasticity of supply is 5

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3 0
4 years ago
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
dimulka [17.4K]

Answer:

c

Explanation:

6 0
3 years ago
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In January of the current year, Dora made a gift of stock to her granddaughter. At the time of the gift, the stock was worth $15
LuckyWell [14K]

Answer:

$500

Explanation:

Based on the information given we were told that the DIVIDEND of the amount of $500 which was declared on the stock was paid to Dora's granddaughter Several months later, which means that the amount that Dora's granddaughter must include in her GROSS INCOME for the current year will be the dividend amount of $500 that was paid to Dora's granddaughter.

Therefore the amount that Dora's granddaughter must include in her gross income for the current year is $500

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