The answer of the given question is - A reduction in the effective tax rate on capital increases desired investment.
Just a few months after his fellow British economist John Maynard Keynes released "The General Theory of Employment, Interest, and Money," John Hicks initially presented the IS-LM model in 1936. Although it is primarily utilized as a heuristic tool today, Hicks' model served as a codified graphical depiction of Keynes' views.
The IS-LM model's three essential exogenous, or external, variables are liquidity, investment, and consumption. The amount and flow of the money supply, according to the notion, determine liquidity. The marginal choices made by individual actors impact the amounts of investment and consumption. many actors.
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10. the rate influences nearly all other interest rates in the economy. recovery home loan borrowing federal funds
When borrowing rates rise, both firms and individuals reduce their expenditure. Earnings will decline as a result, as will stock values.
When interest rates fall considerably, however, consumers and corporations will boost spending, leading stock values to climb.
The Federal Reserve manipulates the money supply (M1 and M2) to raise or lower interest rates. The general population keeps money in order to make purchases and store assets.
Money is in high demand as a means of exchange by consumers and companies to purchase goods and services.
Higher interest rates encourage individuals to save money since borrowing costs more, and they also stimulate them to invest. In general, it slows economic activity. Lower interest rates stimulate economic activity and encourage consumers to spend.
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that if gold rust what then will iron do for it a priest be foul in whom we trust no wonder that a common should rust
Geoffrey Chaucer quote that if gold rust what then will iron do for it a priest be foul in whom we trust no wonder that a common should rust .
What does the minister mean when the gold rusts and what happens to the iron?
The minister uses gold to symbolize the clergy and iron to symbolize the people. Rosten represents a return to an immoral life. Therefore, when a priest becomes immoral, he cannot lead people to a moral life. Only a priest who lives a clean life can set an example for people.
What does gold symbolize in The Canterbury Tales?In The Canterbury Tales, the gold in Pardner's story represents greed. The three mobs give up their loyalty and devotion to each other in order to collect eight bushels of gold. Her greed and other sins cause her death.
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the classical dichotomy is useful for analyzing the economy because in the long run nominal variables are heavily influenced by developments in the monetary system, and real variables are not. t/f
The classical dichotomy is useful for analyzing the economy because in the long run nominal variables are heavily influenced by developments in the monetary system, and real variables are not. its true.
Following complete attainment of wage and price flexibility as well as market adjustment, the economy will eventually have reached its natural level of employment and potential output. The long-run aggregate supply curve is vertical at the maximum output level. In the short term, the amount of at least one input is fixed while the amounts of the other inputs are variable. The long run is the period of time during which all input numbers are flexible. The same company, ABC, always aims to enhance the manufacturing capacity of vehicles rather than simply during the season as an example of a long run. In addition to the current infrastructure, it requires additional fresh land, personnel, and resources.
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select those statements below that are true about cash dividends. (check all that apply.)multiple select question.on the declaration date, liabilities are increased.on the payment date, current assets are decreased.on the payment date, retained earnings is decreased.on the date of record, retained earnings is decreased.
On the declaration date, liabilities are increased and on the payment date, current assets are decreased are true about cash dividends.
What is a cash dividend?
A cash dividend is a payment distributed to all stockholders from the company's current earnings or accumulated profits.
Cash dividends are given out in cash rather than as a stock dividend or another kind of value. The majority of brokers provide you the choice of receiving dividends in cash or reinvesting them.
Cash dividends are a frequent way for companies to give money back to its shareholders in the form of recurring payments in cash; these dividends are often paid out quarterly, however certain stocks may pay them out monthly, yearly, or semiannually. Each firm creates its dividend policy and evaluates whether a dividend decrease or raise is necessary on a recurring basis. Cash dividends are distributed on a per-share basis.
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If a demand instrument is a check, the Uniform Commercial Code (UCC) deems the check overdue thirty (30) days after its date. True or False
The correct answer is false.
No, If a demand instrument is a check, the Uniform Commercial Code (UCC) not deems the check overdue thirty (30) days after its date.
What does mean of UCC?The UCC (Uniform Commercial Code) is a standardized set of laws and principles for transacting business. The UCC code was established in 1953 because it was becoming growingly arduous for companies to run business across state lines given the different state laws.
The UCC is important since it helps companies in various states to run with each other by providing a standard legal and contractual framework. The UCC laws have been fully taken on by most states in the U.S. Though there are some slight changes from state to state, the Uniform Commercial Code code consists of nine separate articles. The Uniform Commercial Code articles govern different types of transactions, including banking and loans.
The correct answer is false.
No, If a demand instrument is a check, the Uniform Commercial Code (UCC) not deems the check overdue thirty (30) days after its date.
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An airline has two types of passengers business passengers with fairly tight schedules and inelastic demand for airline flights and Vacation passengers with flexible schedules and more elastic demand for airline flights. The tables below show the demand information for both types of passengers and the market demand for a single airline flight
Profit is maximized at the point MR = MC
In case of uniform price is to be charged, equate MR (market) = MC As seen in the given table, this occurs at the point MR = MC = $300 at Q = 50
Thus, total seats sold = 50 at a price of $400
Profit is maximized at the point MR = MC
In case a different price is to be charged, equate MR = MC for each firm
Business Traveler:
As seen in the given table, this occurs at the point MR = MC = $300 at Q = 50 and P = $400
Vacation traveler:
As seen in the given table, this occurs at the point MR = MC = $300 at Q = 50 and P = $350
Maximization is a fashion of choice-making characterized by using searching for the best choice via an exhaustive seek thru alternatives. it's miles contrasted with satisficing, in which people compare alternatives until they locate one that is "excellent sufficient". The difference among "maximizing" and "satisficing" turned into first made through Herbert A. Simon in 1956.[1][2] Simon stated that even though fields like economics posited maximization or "optimizing" because the rational technique of creating selections, people often lack the cognitive resources or the environmental affordances to maximise.
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assume that prescott pharmaceuticals, which holds patents on vaxadrin, vaxadrine, and vaxadrone is an unregulated monopolist. its profit-maximizing quantity will always be: group of answer choices in the region of the demand curve where marginal revenue is negative. where marginal revenue equals price . no answer text provided. no answer text provided. where the marginal cost curve intersects the demand curve . where price equals marginal cost. in the region of the demand curve where marginal revenue is positive.
A company, the typical firm will experience a leftward shift of its demand curve and will make a normal profit as the industry reaches the long-run equilibrium.
Individual demand curves and market demand curves are the two types of demand curves. It can be produced by graphing the price and quantity demanded. In a demand curve, the quantity demanded is shown on the graph's X-axis and the price is shown on the Y-axis.
A demand curve typically has a downward-sloping shape. The demand curve for the majority of goods, if not all of them, follows this rule.
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If Scott earns a 12 percent after-tax rate of return, $15.000 today would be worth how much to Scott in two years? Use future value of $1.(Round discount factor(s) to flve declmal places.) 9 Multple Choice $15,000. $11,955 $18,520 $18,816, None of the cholces are correct.
The answer is (d), implying that in two years, $15,000 would be worth to Scott if he receives an after-tax return of 12 percent.
$18,816.
$15,000 × (1.12)2 = $18,816 or $15,000 × 1.25440 = $18,816.
What is the method used to determine future value?
Future value represents current value times the interest rate plus one. In quantitative language, the formula is written as follows: FV=PV I + 1)n The number of interest-compounding periods that will take during the time you are calculating for is indicated by the superscript n in this formula.
The number of investment periods that will take during the time you are calculating for is indicated by the superscript n in this formula.
greater rate of return after taxes. the advantages of income deferral are increased
You require the following formula to determine the current value of any cash flow: Present value is equal to Anticipated Cash Flow times (1 plus Interest Amount). amount of time. thus for the initial year
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Which of the following is not a feature of a private limited company? *
A.Shares can be issued to raise capital B.Shares can be bought and sold on the Stock Exchange
C.All owners of the business have limited liability
D.The business continues after the death of a shareholders
Answer:
B. Shares can be bought and sold on the Stock Exchange.
Explanation:
Changes in Market Indexes
The market index reached its lowest point in the year
Based on the market index, demand began to fall sharply in the year
The market index reached its lowest point in the year 2008 Based on the market index, demand began to fall sharply in the year 2008
What caused the market index to fall in the year 2008?The devaluation of mortgage-backed securities in the housing market was what precipitated the stock market meltdown of 2007–2008. The securities' value fluctuated when house values dropped due to frequent speculative trading.
On September 29, 2008, the stock market dropped 777.68 points. The largest point decrease in recorded history occurred at the time. Congress' initial failure to approve the bank bailout legislation, which would have stabilized the American financial system
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d'Anconia Copper is an all-equity firm with 60 million shares outstanding, which are currently trading at $20 per share. Last month, d'Anco structure by issuing $300 million in debt. The $200 million raised by this issue, plus another $200 million in cash that d'Anconia already has, will be used to repurchase existing shares of stock. Assume that capital markets are perfect. 9. nia announced that it will change its capital What is the market capitalization of d'Anconia Copper before and after this transaction takes place? At the conclusion of this transaction, what is the number of shares that d'Anconia Copper will have outstanding? Suppose you are a shareholder in d'Anconia Copper holding 300 shares, and you disagree with the decision to lever the firm. What is the home leverage strategy to undo the effect of this decision? a. b. c. uC
According to question, the value of a share of Anconia Copper will be closest to $20.00
We must first compute the market capitalization value in order to determine the number of outstanding shares. We will split the difference in market capitalization value by share price after calculating market capitalization value.
Shares cost $20.
Debt involved: 200 million
Cash = 200m
After the share repurchase, the number of outstanding shares equals the difference in market capitalization divided by the share price.
Amount of shares outstanding = (1200m - 800m) / 20
400 million shares outstanding divided by 20
There are 20 million outstanding shares.
Working
Market capitalization (after the repurchase of existing shares) = Shareholders' funds - Debt involved - Cash.
Market capitalization = (60m * 20) - 200m- 200m.
Market capitalization = 1200m - 200m - 200m
Market capitalization = $800m.
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To correct question is :
D'Anconia Copper is an all-equity firm with 60 million shares outstanding, which are currently trading at $20 per share. Last month, d'Anconia announced that it will change its capital structure by issuing $300 million in debt. The $200 million raised by this issue, plus another $200 million in cash that d'Anconia already has, will be used to repurchase existing shares of stock. Assume that capital markets are perfect.
At the conclusion of this transaction, what will be the value of a share of Anconia Copper will be closest to:
a. $18.33
b. $20.00
c. $25.00
d. $27.50
Risk-averse investors prefer to minimize uncertainty with their expectations of income from their investment. is More Dividends or Fewer Dividends?
Investors who are risk adverse aim to reduce uncertainty in their projections of investment returns: more dividends. A corporation's payout of profits to its shareholders is known as a dividend.
A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments. A dividend is a gift that a business delivers to its shareholders, whether it be cash or something else. Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a company determines its dividend, which requires shareholder approval. Regular profit-sharing payments between a corporation and its investors are known as dividends. The price per share, as well as the timing and frequency of dividend payments, are decided by a company's board of directors. A source of income, which can be particularly important during periods of inflation, can be provided by dividend stocks.
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The general ledger and reporting system consists of the ________ involved in ________ the general ledger and ________ reports.
A) business transactions; updating; processing
B) data processing; business transactions for; printing
C) information processing; updating; creating
D) business transactions; data processing; preparing
Answer: C
The information processing required to create reports and update the general ledger is part of the general ledger and reporting system.
After all journal entries have been prepared, the general ledger step takes place. The journal entries are then posted to the appropriate general ledger accounts, such as accounts payable, fixed asset, and so on.
What kinds of data can be found in a general ledger?
A way to keep track of all of a company's financial accounts is through a general ledger, or GL. Typical accounts that are recorded in a GL are: expenses, equity, liabilities, assets, and income or revenue.
What is the reporting system and general ledger?
A company's accounting information system is centered on the general ledger and reporting system. It is primarily responsible for gathering and organizing data from the following sources: Information regarding routine transactions is provided by each of the accounting cycle subsystems.
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which of the following is not a key direct benefit from effective internal or external scheduling? group of answer choices lower cost greater use of assets higher quality more dependable delivery added flexibility
The following is not a key direct benefit of effective internal or external scheduling added flexibility. Option D.
Effective scheduling internally means moving goods and services through facilities faster and making better use of assets. The result is more capacity per dollar invested, leading to lower costs. The focus is on staffing rather than supplies.
Due to the importance of work in planning services behavioral and social issues, wage and hour laws and union contracts complicate the planning process. First, peptides are fragmented, followed by sequencing and assembly of peptide fragments.
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TRUE/FALSE. a patent gives the patent holder the right to defend the patent against others who would attempt to manufacture, use, or sell the invention during the period of the patent.
A patent gives the patent holder the right to defend the patent against others who would attempt to manufacture, use, or sell the invention during the period of the patent. This statement is true.
What privileges does a patent holder receive?The government grants you, the inventor, the right to prevent others from creating, using, or selling your invention through the use of a patent, starting on the day the patent is issued and lasting up to 20 years from the date you filed your patent application.
Patents, trademarks, copyrights, and trade secrets are examples of intellectual property, which is protected by law. A patent grants the owner the legal right to oppose anyone attempting to make, use, or sell the invention within the patent's validity period.
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A company reported the following in its 2024 financial statements:
2024 Sales $ 439,000 Cost of goods sold: Inventory, January 1 78,000 Net purchases 326,000 Goods available for sale 404,000 Inventory, December 31 95,000 Cost of goods sold 309,000 Gross profit $ 130,000 A company's 2024 inventory turnover ratio is: (Round your answer to two decimal places.)
Multiple Choice
4.62.
3.25.
3.57.
5.08.
3)A company's 2024 inventory turnover ratio is 3.57.
The inventory turnover ratio is a measure of how quickly a company turns its inventory into sales. It is calculated by dividing the cost of goods sold by the average inventory over a given period of time. This
Calculate the Cost of Goods Sold (COGS)
COGS = Inventory, January 1 + Net purchases - Inventory, December 31
COGS = 78,000 + 326,000 - 95,000 = 309,000
Calculate the Inventory Turnover Ratio
Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
Average Inventory = (Inventory, January 1 + Inventory, December 31) / 2
Average Inventory = (78,000 + 95,000) / 2 = 86,500
Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
Inventory Turnover Ratio = 309,000 / 86,500 = 3.57
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The management of Ritz Corporation is considering the purchase of a new machine costing $500,000 with no residual value The company's desired rate of return is 10%. In addition to the foregoing information, use the following data in determining the acceptability of this investment:
Year Net income Net cash flow
1 $100,000 $200,000
2 80,000 170,000
3 50,000 130,000
4 10,000 20,000
5 10,000 80,000
1. The cash payback period for this investment is:
a) 5 years
b) 3 years
c) 2 years
d) 4 years
2. Using partial present value tables, what is the next present value?
a) $50,000
b) -$19,730
c) -$-16,810
d) $100,000
1) The cash payback period for this investment is:
a) 5 years
b) 3 years
c) 2 years
d) 4 years
Cash inflows for the first 3 years are equal to the cost of the new machine of $500,000 (i.e., $200,000 + $170,000 + $130,000)
Payback period = 3 years
Hence, the Correct Option is b)
2) Using partial present value tables, the next present value is
Year 1 $2,00,000 0.909 $1,81,800
Year 2 $1,70,000 0.826 $1,40,420
Year 3 $1,30,000 0.751 $97,630
Year 4 $20,000 0.68 $13,660
Year 5 $80,000 0.621 $49,680
$4,83,190
Initial investment $5,00,000
Net Present Value -$16,810
Hence, Option C is the correct option.
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Indicate the effect that each transaction/event listed here will have on the financial ratio listed opposite it, and provide an explanation for your answer. Use + for increase, - for decrease, and (NE) for no effect. Assume that current assets exceed current liabilities in all cases, both before and after the transaction/event.
Transaction Event
a. Split the common stock 2 for 1. Book value per share of common stock
b. Collected accounts receivable. Number of days
a). The denominator doubles, resulting in a BV/share of half the initial value. (b). reduction in accounts receivable with no impact on the average number of sales days.
What exactly does stock mean?A interest is a slang term for any goods, according to market journals. A shares, on the contrary hand, corresponds toward the stock certificate of a certain corporation. If you own stock of a certain corporation, you are considered a shareholder. Stocks are divided into two types common and preferred.
What drives stock purchases?A significant component of your brokerage account may be stock. You may increase your saves, shield valuable funds from devaluation and taxes, and improve the return on your assets by purchasing stocks in a variety of firms.
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repeated games are conducive to explicit cooperation. tacit cooperation. corruption. failing to have a nash equilibrium.
b)Repeated games conducive to tacit cooperation.
Yes, repeated games are conducive to tacit cooperation. This is because, over time, players in the game learn to understand each other’s strategies and behaviors, allowing them to cooperate in order to achieve mutual goals.
For example, in a repeated Prisoner's Dilemma game, both players may come to an understanding that they can both benefit by cooperating in the long run, even though it may not be in their best interest to cooperate on each individual move.
Therefore option B is a correct answer.
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Which one of the following is unlikely to be an effective or attractive way to try to reduce total production costs per pair at a particular production facility?Actions to avoid any use of overtimeDecisions to invest in one or more production improvement optionsActions to reduce reject ratesActions to reduce total labor costs per pairSearching for a lower cost way to achieve the target S/Q rating
Avoiding the use of overtime at the company's plants is not a way to reduce costs and striving to achieve competitive advantage is unlikely to be an effective or attractive way to try to reduce total production costs per pair at a particular production facility.
Five practical methods to save manufacturing expenses
Reduce the cost of the materials. One place where firms might spend a lot of money is on materials. Think about switching vendors, Utilize trash and leftover materials, Consider going the automated route and Reduce your energy usage.
Cutting material costs is the most straightforward strategy you can use to reduce your manufacturing costs.
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ncome Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $116,600 $38,880 (e) Cost of goods manufactured 825,900 (c) 180,000 Cost of finished goods available for sale (a) $540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000 (f) Cost of goods sold (b) (d) $945,000 a. $ b. $ c. $ d. $ e. $ f. $
$540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000.
stock (American English) or stock (British English) refers to the goods and materials that a enterprise holds for the last purpose of resale, production or utilisation. stock management is a area in the main about specifying the shape and site of stocked items. it's far required at distinct locations inside a facility or inside many places of a deliver network to precede the everyday and planned path of manufacturing and inventory of substances. The concept of stock, inventory or work in procedure (or paintings in progress) has been prolonged from production systems to carrier businesses.
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What are 2 reasons why the bank balance does not match the balance you have in your check register?
The reasons include
Activated transactions.For a connected account, new transactions.overlapping trades.Deletion or editing of transactions.Account for a credit card.Why the bank balance does not match the balance you have in your check register?
There may be a discrepancy between the balance on the bank statement and the balance in the books for a number of reasons, including: pending payments. transporting deposits Check printing fees and bank servicing fees.There are two typical explanations for why the opening balance and the bank statement don't match: There are transactions that were erased from previously reconciled accounts. OR. Unreconciled was a transaction that had previously been reconciled.Your real amount will not reflect any purchases, holds, fees, other charges, or deposits made on your account that have not yet reflected. For instance, if you had a $50 actual balance but had just written a $40 check, your actual balance would still be $50 but would not take into account the pending check transaction.To know more about Bank account here
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hamlets character development throughout the play
Throughout the play, the development that Hamlet's character goes through is madness, anguish, sorrow, and a desire for vengeance.
How does Hamlet's character develop during the play?Hamlet is one of the stories created by William Shakespeare and is also one of the most popular stories in the performing arts. Hamlet himself is the main character in this story and there are various acts that influence the character of Hamlet from the beginning of the story to the end of the story. Shakespeare himself incorporates an element of revenge into the story and of course, the character Hamlet is the role that takes on that character. Therefore, several character developments that Hamlet goes through are madness, anguish, sorrow, and desire for vengeance.
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Which of the following are included as common types of financial institutions?
The following are illustrations of typical financial institution categories, including banks.
What makes money important?The science of finances centers on monetary difficulties. It is an important component for everybody or any organization. In light of the fact that all businesses must generate money in order to live, it is essential to a firm. As a reason, it is viewed as a specialty industry needing skilled workers.
What does finance include for a company?It makes reference to the entire quantity of cash and credit that a corporation has utilized. The execution of all other economic activities, as well as the purchase of goods, services, and raw materials, require business finance. In particular, it is required for conducting out all business processes.
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If a publicly traded company is trying to maximize its perceived value to decision makers external to the corporation, the company is most likely to understate which of the following on its balance sheet?a. Assetsb. Common Stockc. Retained Earningsd. Liabilities
If a publicly traded company is trying to maximize its perceived value to decision makers external to the corporation, the company is most likely to understate liabilities. Correct option is (d).
A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services. Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses. Liabilities can be contrasted with assets. Liabilities refer to things that you owe or have borrowed; assets are things that you own or are owed.
If a publicly traded company is trying to maximize its perceived value to decision makers external to the corporation, the company is most likely to understate liabilities.
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A sells a portion of property to B, and B promptly records the deed in the appropriate county office. If A tries to sell the same portion of property to C, which of the following statements is TRUE?
A sells a portion of property to B, and B promptly records the deed in the appropriate county office. If A tries to sell the same portion of property to C, then C has been given constructive notice of the prior sale because B promptly recorded the deed. So option a. is true.
Constructive notice is the legal fiction that someone actually received notice (being informed of a case that could affect their interest) whether or not they truly did receive this. If certain procedures have been followed, the law will consider a person to legally have received notice, even if in fact they did not. The notice under this doctrine arises by the presumption of law from the existence of facts and circumstances.
For example, a constructive notice can be perceived from a registered deed or a pending suit.
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The complete question is:-
A sells a portion of property to B. B promptly records the deed in the appropriate county office. If A tries to sell the same portion of property to C, which of the following statements is True?
a. C has been given constructive notice of the prior sale because B promptly recorded the deed.
b. C has been given actual notice of the prior sale because B promptly recorded the deed.
c. Because C's purchase of the property is more recent, it will have priority over B's interest, regardless of when B recorded the deed.
d. Because C purchased the property from its rightful owner, C is presumed by law to be aware of B's prior interest.
In the long run, monopolistically competitive firms
A) have excess capacity and produce at the minimum of average total cost.
B) charge prices equal to marginal cost.
C) produce at the minimum of average total cost.
D) have excess capacity.
Monopolistically competitive businesses eventually have excess capacity.
( Option D )
- When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.
- An illustration of a monopolistically competitive market is the restaurant sector, which is present nationwide. Most places have a large number of businesses, all of which are unique, and entry is simple. Each product has a number of comparable alternatives that are offered by various businesses, including other eateries and fast-food joints.
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The numbers of cars sold at a certain dealership on six of the last seven business days were 4, 7, 2, 8, 3, and 6, respectively. If the number of cars sold on the seventh business day was either 2, 4, or 5, for which of the three values does the average (arithmetic mean) number of cars sold per business day for the seven business days equal the median number of cars sold per day for the seven days?I. 2II. 4III. 5A) II onlyB) III onlyC) I and II onlyD) II and III onlyE) I, II, and III
The median is [tex]7+1/2 = 4[/tex]
4,7,2,8,3,6 automobiles were sold over the course of six days.
I. If there were two automobiles sold on the seventh day, the total number of cars sold over the course of the previous seven days would be 2,2,3,4,6,7,8
Therefore, mean is
[tex]2+2+3+4+6+7+8/7 = 32/7 =4.57[/tex]
Total number of values =7 (odd) then
the median is [tex]7+1/2 = 4[/tex]
value =4
When four autos are sold on the seventh day, Mean = Median III. If there were five automobiles sold on the seventh day, the total number of cars sold throughout the course of the previous seven days would be 2,3,4,5,6,7,8
Therefore, mean is[tex]2+3+4+5+6+7+8/7=35/7=5[/tex]
Total number of values =7 (odd) then
the median is[tex]7+1/2 = 4[/tex]
value =4 value =5
When there are five autos sold on the seventh day, Mean=Median.
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what restriction would the government impose in a closed economy?
The type of restriction that a government would impose in a closed economy are:
restriction of trade with countriesestablish import costsretain traditional traditions solelyoutlaw private landholding.What is a closed economy?Basically, a closed economy means a country that produces all of its own goods and services and does not participate in international trade. This type of economies are virtually nonexistent today although some countries come closer than others to having one.
In countries with open economies, some governments may close off a specific sector or industry from international competition through the use of quotas, subsidies, and tariffs; but this practice often referred to as protectionism.
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b. If you haven't already, click the link for the webpage of the potential agreement you selected, and navigate through it to answer the remaining questions. You may have to go to other websites to find some information. If so, be sure to cite your source in your response. List five main points of this agreement.
NAFTA stipulates that during a ten-year period, the United States, Canada, and Mexico will gradually eliminate all tariffs on merchandise trade and scale back prohibitions on service trade and foreign investment.
What conditions must a free trade agreement meet in order to be compliant with the WTO?
RTAs must adhere to WTO regulations governing such agreements, which include that parties must have established free trade on the majority of commerce within the regional area and cannot increase their tariffs or other trade barriers against nations outside the accord.
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