Answer:
1. -$214 billion
2. a trade deficit
Explanation:
1. The balance of trade denotes the difference between the exports and imports.
In mathematically,
Balance of trade = Exports - imports
So,
Balance of trade = $263 billion - $477 billion
= -$214 billion
2. As the balance of trade comes in a negative amount which represents that imports value is more than the exports value so it would be a trade deficit
In this case, we would assume, based upon the sample data, that approximately 60% of households would have women making the decision.
True, the employer and employee will have to contribute to F.I.C.A and the Medicare program.
<span>In the financial industry, "securitization" refers to bundling debt, such as loans, bonds and mortgages into securities. In finance, a security is a tradable asset. They are debt securities such as bonds and then there are equity securities such as stocks. Bundling debt keeps everything organized and streamlined for people to know what they need to pay down. </span>
The formula for calculating the lifetime value of a customer the amount a person will spend MINUS the cost to maintain the relationship
<u>Explanation:</u>
Any company must measure the customer lifetime value for its success. Customers are the important factor that decides the growth of any business. They play an important role of buying the goods and services produced by any business. It is required to know how much it costs to attain new customers than retaining the older customers.
By measuring the CLTV, a company can make better decisions like the goals related to marketing, reduction in the cost related to acquisition, customer retention,etc. CLTV can be measured by subtracting the amount spent by a customer from the total cost that is spent in maintaining the relationship with that customer.
