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zmey [24]
2 years ago
13

Suppose the economy of the large country of Hendrix is currently experiencing economic growth and has a trade deficit. Consider

the possible effects of this economic growth on the trade balance and place them in the appropriate category. 1. Likely to occur during economic growth and increase the trade deficit 2. Likely to occur during economic growth and decrease the trade deficit 3. Not likely to occur during economic growth imports increase a. imports decrease b. government borrowing increases c. private savings decrease d. private savings increase e. government borrowing decreases
Business
1 answer:
motikmotik2 years ago
6 0

Answer:

1. Likely to occur during economic growth and increase the trade deficit - imports increase

Economic growth increases the living standard of people because it raises the average income. People often use this income to buy goods from abroad in case demand is not met by domestic firms.

2. Likely to occur during economic growth and decrease the trade deficit - d. private savings increase

Private savings increase during economic growth because people enjoy a higher disposable income. A share of this private savings are invested abroad, where foreigners use this capital to import goods from the original country, decreasing the trade deficit.

3. Not likely to occur during economic growth - c. private savings decrease

Private savings usually increase during times of economic growth for the reasons explained above.

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On January 1, 2013, Goll Corp. issued 3,000 of its 10%, $1,000 bonds for $3,120,000. These bonds were to mature on January 1, 20
LiRa [457]

Answer:

$24,000 Gain

Explanation:

Given that,

Bonds issued = 3,000

Par value = $1,000

Value of issued bonds = $3,120,000

Goll's gain in 2018 on this early extinguishment of debt:

= Issue price of bonds - Premium amortized - Callable value

= $3,120,000 - [($3,120,000 - $3,000,000) × 11/20] - (3,000 × $1,000 × 1.01)

= $3,120,000 - $66,000 - $3,030,000

= $24,000 Gain

4 0
3 years ago
Suppose a report on CNN says that there is an impending recession coming in the United States. As a result, Bert's family, as we
lisov135 [29]

Answer:

b) The economy is actually harmed as there is a sharp decease in consumer spending.

Explanation:

As a result of the news of a recession people will react by planning for a future that may be bleek financially.

Savings will increase, the greater the fear of recession the more people will save to cushion the impact of recession. There is the possibility of job slow down in economic activities and resultant job losses so extra cash that would have normally been spent will be saved for the rainy day

3 0
3 years ago
Overbooking is a common practice in the hospitality industry. What are the pros and cons of overbooking? Is overbooking ethical?
Korolek [52]
Pros: Helps hotel to achieve 100% occupancy, Maximize expected venue, Long term revenue and profit increase, low risk method to increase profitability and Compensation are cheaper than leaving a room empty
Cons: loss of hotel reputation, alternative arrangement for guests might be more expensive, may revive negative review online ,

The purposeful and deliberate act of overbooking runs counter to any acceptable standard of ethical business practice. In addition to the practice being ripe with serious legal, contractual and consumer protection violations, overbooking forces hospitality personnel into making conscious immoral and unethical choices.
8 0
3 years ago
When an employee misappropriates case by diverting a payment from one customer for their own use, and then hides the defalcation
Sati [7]

Answer:

Lapping scheme

Explanation:

Lapping scheme -

It is a fraud practice , which involves the alteration of the accounts received to hide or cover the stolen payments .

This method involve taking the subsequent receivable payments and using them to cover the theft .

<u>And the next receivable is only applied when the previous is unpaid receivable .</u>

8 0
3 years ago
Which type of listening takes place when the listener tries to discern the deeper meaning of a speaker’s words?
Tems11 [23]

C.)intuitive listening takes place when the listener tries to discern the deeper meaning of a speaker’s words.

A.)Active

B.)efficient

Explanation:

Intuitive listening means that the person who is listening is trying to understand as well as imbibe what the other is saying to a deeper level.

This involves actively thinking about what the other person is saying and then critically discerning what it really means above the meaning of its own words.

Then the person who is listening reaches to the 'deeper' meaning or the essence of what the other person is trying to say.

This is the process that is involved in intuitive listening.

8 0
3 years ago
Read 2 more answers
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