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2 years ago

How can international trade agreements lead to economic growth

1 answer:

3 0

To answer the question above on how can international trade agreements lead to economic growth is that it can boost the country's development special to the third world country or other poor country that needs to open their market benefiting that it earns because of more investments coming in.

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Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co

White raven [17]

Answer:

Disposible income.

Marginal propensity to consume.

Disposible income, marginal propensity to consume.

The consumption will increase by $800

Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given: MPC = 0.80

Disposible income increases by $1,000

consumption increase = 0.80*$1000

= $800

Therefore, The consumption will increase by $800.

7 0

3 years ago

What are the main purposes of a budget?

disa [49]

In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance

7 0

3 years ago

Read 2 more answers

You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th

Vikentia [17]

Answer:

Monthly payment: 460.41 dollars

Effective rate: 4.07%

Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $25,000.00

time 60

rate 0.003333333

$25000 \div \frac{1-(1+0.003333)^{-60} }{0.003333} = C\\$

C $ 460.413

Now we need to know the effective rate, which is the same as 4% compounding monthly:

$(1+0.04/12)^{60} = (1+ r_e)^{5}\\r_e = \sqrt[5]{(1+0.04/12)^{60}} - 1$

effective rate = 0.040741543 = 4.07%

8 0

3 years ago

At which point in the residential selling process does the real estate professional prepare a comparative market analysis?

mash [69]

Real estate attorney is the point in the residential selling process does the real estate professional prepare a comparative market analysis.

Real estate is property that consists of land and buildings on it, as well as natural resources such as crops, minerals and water. real property of this kind; a related interest in property, buildings, or dwellings in general;

Property is private property in the form of buildings or land. Property can be for residential, commercial or industrial use and includes any land-based resource such as water or minerals.

Real estate is generally a great investment opportunity. It can generate ongoing passive income and can be an excellent long-term investment if the value increases over time. It can also be used as part of an overall strategy to start building wealth.

Learn more about real estate here:brainly.com/question/5053499
#SPJ4

3 0

2 years ago

The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:

Sati [7]

Answer:

Weller Company

Selling and Administrative Expense Budget for the upcoming year:

First Quarter

Variable = $302,400 (($2.80 x (29,000 + 30,000 +22,000 + 27,000))

Fixed:

Advertising = $56,000 ($14,000 x 4)

Executive Salaries = $188,000 ($47,000 x 4)

Depreciation = $112,000 ($28,000 x 4)

Insurance = $10,000 ($5,000 x 2)

Property Taxes = $7,800

Total = $672,200

Explanation:

A budget is a projection into the future about the activities of an entity. It is used for planning and decision making, especially when the budget is compared with the actual performances to obtain variances.

The total variable for the year is obtained by adding up the budgeted unit sales for the quarters and multiplying by the variable expense per unit.

The fixed costs total $373,800. The Advertising, Executive Salaries, and Depreciation costs would be incurred each quarter. So their sums were obtained by multiplying a quarter's total cost by 4.

Insurance cost would be incurred only in two quarters and Property Taxes in one quarter only.

7 0

3 years ago