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3 years ago

What is protectionism

Business

2 answers:

zavuch27 [327]3 years ago

7 0

Answer:the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports

Explanation:

evablogger [386]3 years ago

3 0

Answer

the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports.

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Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of payin

otez555 [7]

Answer:

a. adds $10,000 in bank reserves.

Explanation:

Given that

Reserve requirement is 20%

Now if you want to pay back the loan of $10,000 so here the act of paying back the loan is that the amount of loan i.e. $10,00 would get added to the bank reserves

Therefore as per the given situation, the option a is correct

And, the same is to be considered

Thus, all the other options are incorrect

4 0

3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol

lilavasa [31]

Answer:

Given Below

Explanation:

Golden Eagle Company

General Journal 

Adjusting Entries December 31st 

Sr. No Particulars Debit Credit

1. Supplies Expense $ 1000 Dr.

Supplies Account $ 1000 Cr.

The supplies that were at the end of Nov have been used and new supplies purchased are still on hand.

2. Insurance Expense $ 1000 Dr.

Prepaid Insurance 1,000 Cr.

Insurance cost is $1,000 per month. Insurance of $1000 expired during the month of December.

3. Salaries Expense $ 14000 Dr.

Salaries Payable $ 14000 Cr.

Salaries for December owed for December are $14,000.

4. Unearned Revenue $ 500 Dr.

Revenue Earned $ 500 Cr.

Defered Revenue earned at the end of December.

3 0

3 years ago

Even after a foreclosed property is sold at public auction, the defaulting borrower may be able to recover the property for a ti

9966 [12]

This right is called the right of Redemption

The right of redemption enables borrowers who have fallen behind on their mortgage payments to regain their homes by paying the outstanding balance plus interest and penalties either before the foreclosure process gets underway or, in some areas, even after a foreclosure auction.

When a person takes out a mortgage to purchase a property, the house itself acts as security for the loan. In other words, if a homeowner misses a payment, they lose possession of the house. Many mortgage notes contain a clause referred to as the right of foreclosure that explains a lender's power to foreclose on a property and specifies the circumstances in which the lender may do so.

Learn more about the Redemption here brainly.com/question/13554337

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1 year ago

Mario's is a pizza and pasta producer that experiences increasing opportunity cost. (a) Draw a production possibilities frontier

Bad White [126]

Answer:

(in the graph)

Explanation:

The PPF will show how Mario can only do as much of pizza and pasta and there is a certain point at which producing additional units of pasta or pizza comes at the cost of resinging a unit of the other good.

The points over the line and below the lien are attainable.

While those above the frontier are unattainable for Mario's current factor disposition.

3 0

3 years ago

MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu

kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

Next year their products will have a $10 increase (10%), so the unit price will be $110.

Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.

MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).

MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0

3 years ago