If imports exceed exports, as in recent years, then _________

When the government imposes price floors or price ceilings, A. some people win, some people lose, and there is a loss of econ

xxTIMURxx [149]

Answer:

The answer is: A) some people win, some people lose, and there is a loss of economic efficiency.

Explanation:

When the government imposes a price ceiling, some consumers win since they buy cheaper products (lower than equilibrium price) but suppliers lose. Inf the government decides a price floor is better, then customers will lose and some suppliers will win (prices are higher than equilibrium price).

Both price ceilings and price floors cause deadweight loss, decreasing economic efficiency.

5 0

2 years ago

While placing his order, a customer tells the waiter to avoid bell peppers of any kind or color in the food since he is allergic

boyakko [2]

An allergic reaction should not be treated lightly because this can actually result in death of the victim. So in this casem this could actually lead to serious illness or death of the customer. Which adds a very huge liability for the restaurant or organization.

4 0

2 years ago

Among the challenges facing those who practice the medical model today are cure versus control, the development of new drugs and

slava [35]

Among the challenges facing those who practice the medical model today are cure versus control, the development of new drugs and the control of medical services.
According to the definition, the medical model is "a term in psychology, indicating the assumption that abnormal behavior is the result of physical problems and should be treated medically."

6 0

3 years ago

The following information is from the December 31, 2017 balance sheet of Jackson Corporation

blsea [12.9K]

Answer:Average issue price = $105--b

Explanation:

Preferred stock , $100 par = $260,000

number of shares issued =Preferred stock / par value preferred stock= =$260,000 / $100 = 2,600 shares

Paid in capital in excess of par = total issued price - preferred stock

total issued value = paid in capital in excess of par preferred stock + preferred stock = 14,000 + 260,000=$274,000

Average issue price = Total issue price / number of shares issued = $274,000/ 2600= 105.38 = $105

7 0

3 years ago

Assume that on January 1, 2019, after paying interest, Colaw Company calls bonds having a face value of $1,200,000. The call pri

ValentinkaMS [17]

Answer:

Journal entry

Explanation:

This question is incomplete

Kindly find the information related to the question

The following is taken from the Colaw Company balance sheet. line premisam amortization, COLAW COMPANY Balance Sheet (partial) December 31, 2017 and redemption of bonds LO 5) Current liabilities Interest payable (for 12 months from January 1 to December 31) 210,000 Long-term liabilities Bonds payable, 7% due January 1, 2028 Add: Premium on bonds payable $3,000,000 200,000 3,200,000 682 15 Long-Term Liabilities Interest is payable annually on January 1. The bonds are callable on any annual interest date. Colaw uses straight-line amortization for any bond premium or discount. From December 31, 2017, the bonds will be outstanding for an additional 10 years (120 months).

The journal entry is as follows

Bond payable $1,200,000

Premium on bond payable $72,000

To Cash $1,212,000 ($1,200,000 × 101%)

To Gain on redemption of bonds $60,000

(Being the redemption of the bond is recorded)

The premium on bond payable is

= ($200,000 - $20,000) × $1,200,000 ÷ $3,000,000

= $72,000

The $20,000 is come from

= $200,000 ÷ 10 years

= $20,000

4 0

3 years ago

If imports exceed exports, as in recent years, then __________ exists.