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IceJOKER [234]
3 years ago
9

Since the mid-20th century, globalization has resulted in:

Business
2 answers:
UNO [17]3 years ago
8 0

Answer:

C. economies around the world becoming more connected.

Explanation:

Globalization refers to the growing interactions between different countries. It results from the easy movement of people, ideas, technology, goods, and services across the world. Improvement in transport infrastructure, technology, and interdependence of people has accelerated globalization.

Globalization has made regions and countries more integrated.   Easy movement of goods and services has increased trade and competition, making economies more dependent and connected to each other.

seraphim [82]3 years ago
3 0

Answer: C. Economies around the world becoming more connected.

Explanation: Ap3x

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8 0
3 years ago
Economics concerns the allocation of resources for which processes?
slavikrds [6]
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5 0
3 years ago
Ralph gives his daughter, Angela, stock (basis of $8,000; fair market value of $6,000). No gift tax results. If Angela subsequen
spayn [35]

Answer:

Her recognized gain is $2,000

Explanation:

Data provided in the question:

Stock basis = $8,000

Fair market value = $6,000

Sale value = $10,000

Now,

Ralph's daughter  recognized gain or loss will be

= Sale value  - Stock basis

or

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or

Ralph's daughter  recognized gain or loss = $2,000

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8 0
3 years ago
Higher income taxes cause a ____________ shift of the labor supply curve, which then produces __________ Real GDP. a. leftward;
TEA [102]

Answer:

Option (d) is correct.

Explanation:

If there is an increase in the income taxes then as a result there is a leftward shift in the labor supply curve and we know that labor supply curve indicates the the amount of labor hours workers devoted towards the production of the goods. Hence, this will lead to a reduction in the real GDP as there will be less working hours devoted by the workers because of the higher income taxes.

5 0
3 years ago
Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly Finishing Manufacturing
miss Akunina [59]

Answer:

1. $53.75 per direct labor hour

2. $80.625 per machine hour

Explanation:

Total manufacturing overhead costs= $1112500+$500000  = $1612500

Total direct labor hours= 11000+19000=30000

Total machine hours= 5000+15000=20000

1.       Company’s single plantwide overhead rate based on direct labor hours

= Estimated overhead costs/Estimated direct labor hours

=$1612500/30000 =$53.75 per direct labor hour

2.       Company’s single plantwide overhead rate based on machine hours

= Estimated overhead costs/Estimated Machine hours

=$1612500/20000 =$80.625 per machine hour

3 0
3 years ago
Read 2 more answers
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