Answer:
The main determinant is the NET IMPORT, if the net import is higher than the net export then countries like the United States of America will have a low standard of living,while if the net export is higher than the net import then Countries like the United States of America will enjoy a high standard of living.
COMPARED TO NET EXPORTS, COUNTRIES LIKE THE UNITED STATES OF AMERICA HAVE A LOWER NET IMPORT WHICH GIVES THEM A POSITIVE BALANCE OF TRADE.
Explanation: THE VOLUME OF IMPORT IS NOT THE MAIN CONCERN, THE MAIN CONCERN IS THE VOLUME OF NET IMPORT COMPARED TO THE VOLUME OF NET EXPORT COUNTRIES LIKE THE UNITED STATES OF AMERICA HAVE A HIGHER NET EXPORT THAN NET IMPORT WHICH GIVES THEM TRADE ADVANTAGE AND A POSITIVE BALANCE OF TRADE. With a good balance of trade a country like the United States of America will maintain and enjoy a high standard of living as the volume of imports is always lower than the value of what is exported.
Answer:
bureaucratic
Explanation:
Bureaucratic control is not really efficient when the employees are finding ways to stay out of trouble by using tactics that are within the rules.
For example, if they try to beat the system by manipulating performance reports, or if they try to actively resist bureaucratic constraints.
This problem is typical of bureaucratic control.
Hope this helps!
Home heating oil is considered inelastic demand instead of elastic demand. Inelastic demand is when people will buy the same amount whether the price of the good drops or rises. People who buy home heating oil want their homes to be kept heated and warm, since they are buying it to serve a purpose like this, whether the price rises or drops they still will need it. Since they will need it regardless of price, they will continue to buy it and therefor it is inelastic.
Answer:
The Journal entries are as follows:
(i) On May 4,
Accounts payable A/c Dr. $700
To cash $700
(To record the supplies)
(ii) On May 7,
Accounts receivable A/c Dr. $6,800
To service revenue $6,800
(To record the service revenue)
(iii) On May 8,
Supplies A/c Dr. $850
To accounts payable $850
(To record the purchase of supplies on account)
(iv) On May 9,
Equipment A/c Dr. $1,000
To cash $1,000
(To record the equipment purchased)
(v) On May 17,
Salary expense A/c Dr. $530
To cash $530
(To record the salary expense)
(vi) On May 22,
Repair expense A/c Dr. $900
To accounts payable $900
(To record the repair expense)
(vii) On May 29,
Prepaid Insurance A/c Dr. $1,200
To cash $1,200
(To record the prepaid insurance)
Answer:
10 days
Explanation:
The Critical Path Method is a method of managing activities in a project so as to maximize time. In the case of A, B and C activities, since they are connected with the same start-to-start and finish-to-finish, it means that the activities are linked and as such the duration of the project is 10 days since the last activity will take 10 days to finish.
The implication between SS and FF in the activities means that they start up at the same time in the CPM and while activity A ends at 5 days, C proceeds to 10 days.
