Demand is the quantity of a good or service for which a consumer is willing to buy and a company is willing to sell at a given price at a specific time. For the entire market, the demands for the buyers are summed to find the market demand.
Answer:
If exports are greater than the imports, then the economy is said to have a trade surplus.
Answer:
Deferred tax liability = $26,000,000
Explanation:
The deferred tax liability is calculated at the tax rate of 40% on the future taxable income:
Deferred tax liability = $104,000,000*25%
Deferred tax liability = $26,000,000
Thus, $260,00,000 is the deferred tax asset or liability amount to be reported in the balance sheet as current or long term.
In order to create more wealth and provide better services, some nations recognize that A GOOD STRATEGY IS TO MINIMIZE INTERFERENCE WITH THE FREE EXCHANGE OF GOODS AND SERVICES.
Free exchange of goods and services will enhance the economic growth of a nation.
It is a welfare which is health, happiness.
