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3 years ago

A country exports $5000 and imports $4200. Calculate net exports. Is the country running a trade surplus or a trade deficit.

Business

1 answer:

Artemon [7]3 years ago

5 0

Answer:

the net export is $800 and it is a trade surplus

Explanation:

The computation of the net export is shown below:

As we know that

Net exports = Exports - Imports

= $5,000 - $4,200

= $800

As it can be seen that the net exports comes in positive so this represents that the country is running a trade surplus

Therefore the net export is $800 and it is a trade surplus

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'

gladu [14]

Answer:

Henri's 2006 salary in 2001 dollars =$46,666.66

Explanation:

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.

This price index is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

So we can determine the salary in the base year value as follows:

2006 Salary in the base year terms=

CPI base year/CPI in the current year × salary in the current year

CPI base year- 177, CPI in the current yea- 256.5,

Salary in the current year - 70,000

Henri 2006 Salary in 2001 Dollar

=177/265.5 ×70,000/265.5 = 46,666.66

Henri's 2006 salary in 2001 dollars =$46,666.66

8 0

4 years ago

Walter is a chemistry teacher who earns $50,000 per year, while Jesse is unemployed. Both Walter and Jesse want to go back to sc

katrin2010 [14]

Answer:

No, their economic cost of enrolling in the business program is not the same for both,

Explanation:

The explicit costs of going back to college are the same for Walter and Jesse, e.g. they might be $20,000 per year, or even $30,000 doesn't matter for this analysis. But Walter is currently working as a teacher and that means taht if he decides to go to college, his implicit costs will include the forgone salary as a teacher which is $50,000 per year. Implicit costs are opportunity costs, i.e. additional costs or benefits lost from choosing one activity or investment instead of another alternative.

Since Jesse is not working, whether she goes back to college or not will not affect her income, it will still be $0, but if Walter goes back to college he will lose his salary.

6 0

3 years ago

Policymakers sometimes propose laws requiring firms to give workers certain fringe benefits, such as health insurance or paid pa

zimovet [89]

I would say that the effects of such positive benefits as health insurance or paid parental leave will make the workplace much more attractive and cause a big rush to obtain employment at such places. It is well to remember that without the sacrifice of labour unions including jailings, beatings and even deaths these benefits would not be there ie they would not come just out of the goodness of someone's heart.

5 0

4 years ago

Which short-term financial managers are involved with selling on credit and are directly responsible to the vice president of fi

gregori [183]

Answer:

The credit manager, and the Controller

Explanation:

The credit manager is responsible for maintaining the credit policy, in order to fulfil this target they are responsible to look at the sales and ensure the credit sales are in the sales limit.

Further that the company do not have the bad debts, it shall verify each customer properly that they have enough funds, and ensure their credibility.

Controller is responsible for maintaining the financial records of accounts, and reporting the transactions to managers.

Accordingly, Credit manager along with controller are directly responsible to the vice president of finance.

5 0

3 years ago

. Which combination of assets is considered to be money? currency in circulation and in bank vaults, checkable bank deposits, an

Inessa [10]

Answer:

Currency in circulation and in bank vaults , checkable deposits and travelers' check

Explanation:

Money is defined as a generally accepted medium of exchange and a measure of the value of good and services.

One key property of money is liquidity. That to qualify for money , an asset must be in a state that it can easily be converted to cash in a short space of time.

Money must also be durable , divisible ,portable and valuable.

.The only qualified option is Currency in circulation and in bank vaults , checkable deposits and travelers' check

8 0

3 years ago