I think that it might be C
Answer:
For example, Brexit. Brexit refers to the UK retreat from the European Union, one of the most famous economic unions in the world. The economic implications of Brexit are numerous, ranging from the new tariff regulations to the regulated movement of people and animals through the newly established borders.
As for individuals, let's see the example of an EU citizen seeking a Master's degree in the UK. That student may face a different tuition fee when applying after Brexit.
Answer:
The correct answer is c) $72,000
Explanation:
(Using the percentage of net sales method)
- Uncollectible accounts expense for the year is estimated to be $54,000
- If the balance of the Allowance for Uncollectible Accounts is an $18,000 credit before adjustment.
$54,000 + $18,000= $72,000
The balance after adjustment is $72,000
Answer:
Change in M1 $400
Changd in M2 $0
Explanation:
The money which is been held by individuals in savings accounts is part of the M2 money supply, but its not part ofthe M1 money supply.
Hence when Jane withdraws $400 cash from her savings account,the M1 money supply will increases by $400. However, the M2 money supply does not tend to change reason been that the M1 money supply is included as part of the M2 money
Change in M1 $400
Changd in M2 $0
Answer:
The correct answer is option A.
Explanation:
A market outcome will be considered economically efficient if the marginal benefit earned from the last unit is equal to the marginal cost incurred in the production of the last unit while the economic surplus or the sum of consumer surplus and producer surplus is at maximum.
If the marginal cost and benefit are not equal then the outcome is said to inefficient. It means that either the resources are not being allocated efficiently or the production is not efficient.
