Answer:
1. -$214 billion
2. a trade deficit
Explanation:
1. The balance of trade denotes the difference between the exports and imports.
In mathematically,
Balance of trade = Exports - imports
So,
Balance of trade = $263 billion - $477 billion
= -$214 billion
2. As the balance of trade comes in a negative amount which represents that imports value is more than the exports value so it would be a trade deficit
Answer:
a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment.
Explanation:
Given that, government budget deficit is a term that describes a situation whereby the amount of government expenses is greater than the amount of government revenue over a given period of time. And at the same time, the loanable fund is the money available to find private investment
Hence, the right answer to the question is option a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment. Because, the insufficient revenue, will lead to little or no availability of resources to find private investment.
Answer:
a- Red Hot is less efficient than Maverick Cycles in producing goods.
Explanation:
Given data
The Red Hot's Cost of goods sold/Revenue = 63.4%
And, the Cost of goods sold/Revenue of Maverick Cycles = 54.2%
By considering the above information, we can see that in the red hot case, the percentage is higher whereas in the maverick cycles the percentage is lower than reflecting the less efficient in the red hot case as the cost value that is incurred for producing the goods and services is higher than the sales revenue while in another case, the cost is lower as compared to the red hot
Upper-level management is most likely putting pressure on leon to manage the schedule and budget
<h3>What is management?</h3>
To accomplish a goal, tasks are coordinated and managed through management. These administrative tasks involve determining the organization's strategy and coordinating the staff's efforts to achieve these goals by utilizing the resources at hand. The seniority hierarchy of employees within a company is another definition of management.
Planning, communication, organization, and leadership are just a few of the talents you'll need to master in order to become a successful manager. In order to successfully direct personnel, sales, and other activities, you'll also need to have a thorough understanding of the company's objectives.
Learn more about management
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