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Oduvanchick [21]
3 years ago
12

The following table shows the approximate value of exports and imports for the United States from 1997 through 2001.

Business
1 answer:
Alla [95]3 years ago
5 0

Answer:

Year       Exports - Imports          Percentage of GDP

1997        -101.4                            1.22%                      

1998        -161.8                            1.84%

1999        -262.1                           2.80%  

2000       -382.1                           3.84%

2001         -371                              3.61%

We can see that the deficit in grew every year except for the year 2001, when it was reduced a bit. This was because the U.S. began to import more goods than it exported.

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What are the benefits associated with free trade and globalization?
Drupady [299]

Answer:

It drives economic growth, enhanced efficiency, increased innovation, and the greater fairness that accompanies a rules-based system.

7 0
3 years ago
ABC, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $1,500 and
spin [16.1K]

Answer: Option (d) is correct.

Explanation:

Amount paid for candy = $1,500

Items received = 8,500 pieces of candy

Group 1 =  2,500 pieces

Selling price = $0.15 each

sale value = pieces sold × Selling price

                 = 2,500 ×  $0.15 each

                 = $375

Group 2 = 5,500 pieces

Selling price = $0.36 each

sale value = pieces sold × Selling price

                 = 5,500 ×  $0.36 each

                 = $1,980

Group 3 = 500 pieces

Selling price = $0.72 each

sale value = pieces sold × Selling price

                 = 500 ×  $0.72 each

                 = $360

Total sale value = $375 + $1,980 + $360

                           = $2,715

Percentage\ of\ sale\ in\ Group\ 2=\frac{Sale\ value}{Total\ sale\ value}\times 100

Percentage\ of\ sale\ in\ Group\ 2=\frac{1,980}{2,715}\times 100

= 72.92%

Proportion of cost for Group 2 = cost × Percentage of sale in Group 2

                                                   = $1,500 × 72.92%

                                                   = $1,093.8

cost\ per\ unit= \frac{cost}{total\ units}

cost\ per\ unit= \frac{1,093.8}{5,500}

= $0.1988

= $0.20(approx)

4 0
3 years ago
Eliza has a policy that allows her to deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns
Umnica [9.8K]

Answer:

Qualified Long-Term Care.

Explanation:

Qualified Long-Term Care includes services that are required for diagnostic, preventive, therapeutic, curing, treating, mitigating, and personal care services that is given to a person that is chronically ill.

A person that is chronically ill is qualified for this insurance plan.

Because of this policy that is used by Eliza she can deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns 65, she can deduct the premiums that exceed 7.5% of her adjusted gross income.

6 0
3 years ago
What is the answer to this question? B or C?​
ioda

Answer:B

Explanation: everything had a code of ethics.

3 0
3 years ago
Akira's uncle is about to open a car dealership. His property can accommodate a total inventory of 264 vehicles. The auto manufa
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well, he has room for a total of 264 vehicles, he needs to have "five times as many cars as trucks", namely the cars : trucks ratio must be 5 to 1 or 5:1.

well, to change the total value to a ratio, we simply divide the total amount by the sum of the ratios, namely 264 ÷ (5+1), and distribute accordingly.

\bf \cfrac{cars}{trucks}\qquad 5:1\qquad \cfrac{5}{1}\qquad \qquad \cfrac{5\cdot \frac{264}{5+1}}{1\cdot \frac{264}{5+1}}\implies \cfrac{5\cdot 44}{1\cdot 44}\implies \cfrac{\stackrel{cars}{220}}{\underset{trucks}{44}}

4 0
4 years ago
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