Answer and explanation:
The difference between constructive and normative economic statements is considerable. Economists use both types of statements when addressing economic issues with varying degrees of objectivity. Positive statements state facts, which show no signs of endorsement or disapproval. Normative economics includes assumptions related to subjectivity and meaning.
1)<em> The sugar quota in the United States costs consumers $6.08 billion a year. </em><u><em>(Positive statement)</em></u>
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2)<em> Higher tariffs on imported automobiles would decrease the demand for foreign-made cars. (</em><u><em>Normative statement)</em></u>
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3)<em> International trade should be limited because it can cause some workers to lose their jobs. (</em><u><em>Normative statement)</em></u>
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4)<em> International trade makes some people better off and some people worse off. </em><u><em>(Positive statement)</em></u>
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5)<em> The U.S. should impose import quotas in the market for consumer electronics to help domestic workers. </em><u><em>(Normative statement)</em></u>
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6)<em> The sugar quota in the U.S. is good public policy and should be made stronger. (</em><u><em>Normative statement)</em></u>
Answer:
Erica Els will hire qualified workers from the local market
Explanation:
Answer:
The Federal Reserve System
Explanation:
The Federal Reserve System represents the United State's Central bank. It is also called either the Fed or the Federal Reserve.
Created by the U.S. congress, the Fed is in charge of the affairs of the financial system of the United States. Specifically, it was created to ensure that the financial system is flexible, safe and <u>monetarily stable</u>.
The Fed regulates banking activities, maintains the stability of the financial system and is also in charge of the monetary policies adopted in the United States.
Explanation:
why is this so much who assigned you this
Answer:
D. Interest Receivable 225 Interest Revenue 225
Explanation:
The journal entry is shown below:
Interest receivable Dr ($9,000 × 6% × 5 ÷ 12) $225
To Interest revenue $225
(Being accrued interest is recorded)
For recording this, we debited the interest receivable as it increased the asset sand credited the interest revenue as it also increased the revenue
Therefore the last option is correct