Answer:
as they have access to less-expensive consumer goods.
Explanation:
Economic growth is the increase in total GDP or output of an economy.
If there is a rapid growth in the Chinese economy , it means that the total output produced by China increases. This means that U.S. consumers can import cheaper less expensive consumer goods. This is because the value of the Chinese currency is lower than that of the US dollar
Answer:
Out of all the career choices in the <em>Human Services</em> career cluster;
I’ll need to complete high school and get an <em>associate's degree (or bachelor's)</em>
Explanation:
The occupation of a preschool teacher is in the <em>Human Services career cluster</em>. This cluster includes children education, social and community occupations and counseling.
In order to be eligible for the preschool teacher job, Sonja needs to obtain an <em>associate's or bachelor degree</em> from an academic institution that prepares candidates well enough to become licensed preschool teachers.
Answer:. A. a decrease in the consumer surplus of Japanese consumers.
Explanation:
When an import quota is imposed, it has the effect of limiting the imports of a commodity into an economy.
The effect of this is that supply drops as goods are no longer coming in from outside.
Because of this drop in supply, there is a increase in price.
This increase will reduce the Consumer surplus.
How?
Consumer Surplus is defined as the price that consumers pay vs the price they are willing to pay.
Because there was more supply, they were paying a price less than what they were willing to pay. As this supply has now dropped, the price they are paying is now closed to the price they are willing to pay.
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Answer:
$97,530
Explanation:
The computation of the cash & cash equivalent is shown below:
= Cash in Bank + Cash on Hand + Highly Liquid Investment + Petty Cash
= $47,300 + $13,700 + $36,000 + $530
= $97,530
We simply added the above four items so that the cash & cash equivalent could come
Therefore the amount that should be reported is $97,530
Answer:
The company’s return on common stockholders’ equity for the present year is 7.9%
Explanation:
The return on common stockholders’ equity of the company for the present year is computed as:
= Net Income - (Shares x 6% x Rate of shares)
where
Net Income is $171,000
Shares is 10,000
Rate is $100
Putting the values in the above:
=$171,000 - (10,000 x .06 x $100)
= $171,000 - $60,000
= $111,000
Return on common stockholders’ equity = [ $111,000 / Common stockholders’ equity on January 1 + Common stockholders’ equity on December 31 / 2 )]
= ([$111,000($1,200,000+$1,600,000 /2 )]
= $111,000 / ($28,00,000 / 2)
= $111,000 / $14,00,000
= 0.079 or 7.9%