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kherson [118]
3 years ago
13

According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in

the production of those goods and services
a. they can provide at a lower opportunity costs.
b. that employ the most domestic workers.
c. that will increase their foreign exchange rate by the largest amount.
d. for which their consumption taxes are lowest.
Business
1 answer:
Alex_Xolod [135]3 years ago
5 0

Answer: According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in the production of those goods and services  "a. they can provide at a lower opportunity costs."

Explanation: The comparative advantage is the ability of a country to produce a good using relatively less resources than another. The theory of comparative advantages says that Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally be able to participate in the international market.

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Kristie is a 30% partner in the KKM Partnership. During the current year, KKM reported gross receipts of $280,000 and a charitab
ch4aika [34]

Answer:

Kristie reports the following income from KKM during the current tax year: (A) $54,000 ordinary income; $9,000 charitable contribution.

Explanation:

From the provided data;

KKM's net ordinary income = $180,000 ($280,000 ordinary income - $80,000 of office expenses - $20,000 payment to Kaylyn).

Since the cash distributions to Kaylyn and Megan are not deductible.

Kristie's share of this income is equal to

30% of KKM's net ordinary income

= 30% 0f $180,000

=  $54,000.

In addition, Kristie reports 30% of partnership charitable contribution

= 30% of $30,000

= $9,000 of her share of the partnership's charitable contribution.

Therefore, Kristie reports the following income from KKM during the current tax year: $54,000 ordinary income; $9,000 charitable contribution.

6 0
3 years ago
One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the
Darya [45]

Answer:

PV= $22,677.03

Explanation:

Giving the following formula:

Number of periods (n)= 9 years

Annual payment (A)= $3,800

Discount rate (i)= 12%

<u>First, we will calculate the future value of the payments using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}

FV= 56,147.49 + 6,737.7

FV= $62,885.19

<u>Now, the present value:</u>

PV= FV / (1 + i)^n

PV= 62,885.19 / (1.12^9)

PV= $22,677.03

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3 years ago
If both the production of goods and services increase and prices rise, then the change in nominal GDP
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The answer is B. accurately reflect the change in production.
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Answer:

B. Increases in liabilities and​ stockholders' equity are credited.

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6 0
3 years ago
Managerial accountants:
Lorico [155]

Managerial accountants provide managers within the organization with reports to make good business decisions.

<h3>Who are Managerial accountants?</h3>

They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.

They also hep perform various task that is associated with the account.

Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.

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