Answer: Deficit
Explanation:
The current account shows the difference between imports and exports as well as net income from outside.
If this balance is zero, it means that imports are equal to exports and income sent abroad equals income recovered from abroad.
If real income in the US was to increase, people would demand more goods and services including more imports. This will shift the current account to a deficit as the imports will surpass the exports.
Answer:
The correct answer would be option D, Consumers.
In the game of economics, producers get information they need to determine how much people are willing to pay for a good or service from Consumers.
Explanation:
In the game of economics, consumers are the ones who will consume the products produced by the companies/producers, and they are the ones who will determine how much they are wiling to pay for a good or service.
For example, if a product's price is set at 5 dollars but no one is willing to pay 5 dollars for that product, then producers have to lower the prices to meet the customers' demands, and to sell their products.
So in this way, customers determine the prices of the products.
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The correct answer is : light Industry
Since a light industry only produce small consumer goods such as clothes, shoes, hand made dolls, etc, it usually less capital oriented than the heavy industries and more consumer oriented than business oriented
Answer:
D. Direct materials is a variable cost and rent expense is a fixed cost.
Explanation:
- As clearly seen from the data the direct material cost is varying but the rent cost is fixed cost.
Answer:
personality vision, hard work personalities
Explanation:
- Charismatic leaders are those that make use of their language style to charm and influence others. They often have the ability to communicate with people at a deeper level of understanding. While the transformational leadership style focuses on internal motivation and positive development of followers.
