Answer:
The law of one price establishes that the product or service price will remain the same for all the entire world.
Explanation:
The law of one price establishes that the product or service price will remain the same for all the entire world. It is necessary to take into account for this law that the price of the currency needs to be also the same and that the price of the product or service would not be affected by other factors such as additional buyers or sellers in the market.
On the other hand the purchasing power parity refers to the idea of an equilibrium of currencies in exchange rates, it means that the power for purchasing will be represented in the same way in the different countries, and it is important to mention that this theory is base in the law of one price.
The the long run equilibrium is an idea that in theory represents all the equilibrium of prices, quantities, and markets in general; on the other hand, for the short run equilibrium there are some limitations in which the market cannot be explained as properly and fully balanced.
Answer: Legislative
Explanation:
A rule is a law backed statement made by a state agency. NHTSA is a state agency.
In light of The Cameron Gulbransen Kids Transportation Safety Act of 2007 (“K.T. Safety Act” or “the Act”) directs this agency to amend Federal Motor Vehicle Safety Standard (FMVSS) No. 111 [1] “to expand the required field of view to enable the driver of a motor vehicle to detect areas behind the motor vehicle to reduce death and injury resulting from backing incidents, particularly incidents involving small children and disabled persons", NHTSA decided to create a legislative rule to solve this problem.
Answer:
The correct answer would be Command Economic System.
Explanation:
Economic systems define the control of the government on the economic resources and the institutions of the country. There are four major economic systems. One is Traditional Economic System, other is Command Economic System, third one is Market Economic System and the fourth one is Mixed Economic System.
Command Economic System is an economic system in which the central powers are with the government. Government regulate the decisions of economy as well as of the institutions. In this type of economy, the government dictates the companies to do whatever the government says and thinks is the best for the country's economy.
So in this question, government thinks that the best way to overcome the trade deficit is to increase the exports of the Sedan cars at a competitive price in the international market without seeking any advice from the automobile manufacturers. This type of economic system is called the Command Economic System.
Answer:
Number = 1,490
Cost of goods available for sale = $75,200
Explanation:
Computing the number as:
Number = (Beginning inventory + Purchases + Purchases) - Sales
Number = (1,220 + 310 + 270) - 310
Number = 1,800 - 310
Number = 1,490
Computing the cost of goods available for sale as:
Cost of goods available for sale = Total cost of beginning inventory + Total Cost of purchase + Total Cost of purchase
Cost of goods available for sale = $17,600 + $27,900 + $29,700
Cost of goods available for sale = $75,200
Answer: $570000
Explanation:
The book-tax difference, that's associated with its federal income tax expense that Seatax should have reported when computing its year 1 taxable income will be $570000.
It should be noted that the $570000 for the book tax difference is permanent as it isn't reversible for.the next fiscal period.
