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aleksandr82 [10.1K]
3 years ago
12

The European Union and the United States are trading partners. (a) If the current account balance is zero, will an increase in U

nited States real income result in a current account surplus, deficit, or no change
Business
1 answer:
wolverine [178]3 years ago
4 0

Answer: Deficit

Explanation:

One of the things a current account shows is the trade balance of a country which is the difference between its exports and its imports.

If real income was to increase in the U.S., her citizens will demand more goods and services as they can afford it.

This will lead to a rise in imports from U.S. trading partners which will then rise more than exports and result in a trade deficit which would lead to a current account deficit.

You might be interested in
you need to write a report that shows a company‘s profits by division is located in regions around the country you should organi
Readme [11.4K]

Answer:

Answer is Making areas of the report that speak to each geographical region.

Refer below.

Explanation:

You need to write a report that shows a company‘s profits by division is located in regions around the country you should organize your report by:

Making areas of the report that speak to each geographical region

8 0
3 years ago
Susan is a sales representative for a u.s. weapons manufacturer. she makes a $100,000 "grease" payment to a u.s. government offi
Vsevolod [243]

Answer: False

Explanation:

<em>The given statement from the following case/scenario is false</em> because in accordance to the rules of law of United States of America , the payments made to foreign officials are always deductible. Therefore the payments that are made by Susan to the Saudi officials are deductible, unless and until they are illegal .

7 0
3 years ago
The supply and demand curves show data for trendy smartphone covers. How would the graph change if the producer hired a popular
yaroslaw [1]

Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.

Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;

(a) Price of substitute commodities

(b) Consumers preferences

(c) Population

(d) Weather conditions

(e) Advertising

In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.

An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.

As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.

6 0
3 years ago
Beth quit her job as a computer programmer for a large corporation to begin her own computer repair business in her garage. To d
Serhud [2]

Answer:   An entrepreneur , a labor

                             

Explanation:  An entrepreneur is an entity that introduces a new company that carries almost all of the risks and benefits. The entrepreneur is generally seen as a visionary, a creator of new ideas, products, services and/or techniques.

Labor is the level of physical, emotional, and social effort which is used in an economy to generate wealth. It provides the necessary resources, equipment, and infrastructure to convert raw resources into final services and products.

Hence we can conclude that Beth is entrepreneur and will is labor.

5 0
3 years ago
Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing departmen
photoshop1234 [79]

Answer:

$5.439

Explanation:

The computation the cost per equivalent unit for conversion costs is shown below:-

Units transferred = Beginning + Started into production - Ending inventory

= $13,800 + $105,000 + $26,600

= $145,400

Ending Inventory = 26,600 × 80%

= $21,280

Conversion equivalent units = Units transferred + Ending Inventory

= $145,400 + $21,280

= $166,680

Beginning work-in-process inventory = $58,115

Additional conversion costs = $833,583

Total cost = Beginning work-in-process inventory + Additional conversion costs

= $58,115 + $833,583

= $891,698

Conversion per equivalent unit = Total cost ÷ Conversion equivalent units

=  $891,698 ÷ $166,680

= $5.439

7 0
3 years ago
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