The buyer relies upon this information and moves forward with the purchase of the home. This is an example of Innocent misrepresentation.
What Is Innocent Misrepresentation?
Misrepresentation in general is a legal term that means “a false statement of fact that has the effect of inducing someone into a contract.” It originates from English common law, but has been adopted as a legal principle in the United States. It is a statement that is either untrue, or highly misleading (as opposed to a statement of opinion).
Innocent misrepresentation is one of the three recognized varieties of misrepresentations in contract law. Essentially, it is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. So in the above example, if the seller didn’t know the stereo was actually old, he would only be liable for an innocent misrepresentation.
In the real world, however, it is often the case that because the other two varieties of misrepresentation (negligent and fraudulent) are much more difficult to prove, often this is the best course of action.
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A store gathers some demographic information from their customers. The following chart summarizes the age-related information they collected:
The probability that the customer is at least 30 but not older than 50 will be 71/238.
How to calculate the probability?The probability that the customer is at least 30 but not older than 50 will be:
= (78 + 64)/476
= 71/238
The probability that the customer is either older than 60 or younger than 40 will be:
= (77 + 83 + 78) + 74/476
= 78/119
The probability of at least 50 years will be:
= (100 + 74)/476
= 87/238
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Most investors and all banks expect to be provided financial statements that meet the rules of?
The financial statements that most investors and all banks expect to get are those that meet the rules of the Generally Accepted Accounting Principles or GAAP
What is Generally Accepted Accounting Principles?This refers to the guidelines to financial reporting that are accepted in the United States.
Investors would often want companies that they invest in to give financial statements according to GAAP while all banks will expect it in order to properly analyze it based on the U.S. market.
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A borrower expresses concern that once he signs all the documents he will be stuck with a second mortgage. a good response by a notary signing agent could be to
Good response by a notary signing agent could be to "A Notary Signing Agent could do well to respond by giving the Borrower the Lender's contact details and recommending that he make an instant phone call to the Lender before proceeding with the Signing." This is further explained below.
What is Borrower?Generally, The act of temporarily retaining another person's property with the goal of restoring it to its rightful owner.
In conclusion, A borrower worries that he will be "trapped" with a second mortgage if he signs all the paperwork required to get one. A Notary Signing Agent could do well to respond by giving the Borrower the Lender's contact details and recommending that he make an instant phone call to the Lender before proceeding with the Signing.
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Do you believe that Nelson Mandela was born a leader or made a leader?
Answer:
I believe he was born a leader
Explanation:
Because he stood up for his people and made whatever deal so that his people can be free and live a normal peace way
Say the stock closed at $102 at expiration and the option was assigned. What would be your effective cost per share for your shares of XYZ
The cost per share is the price of a single share of the equity shares of a company.
What is cost per share?The cost per share simply means the market value of an asset which is divided by the total number of shares that are issued.
It should be noted that the cost per share represents a fractional value of the overall asset value.
Let's say and asset is worth $1,000,000 and.is divided into 10000 shares. Then, the cost per share will be:
= $1,000,000/10000
= $10 per share.
Note that the complete information wasn't found and an overview was given.
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Seven Cycles' website allows customers to create and order the perfect bicycle according to their own specifications. This is an example of the Internet facilitating
Seven Cycles' website allows customers to create and order the perfect bicycle according to their own specifications. This is an example of the Internet facilitating customization.
This is further explained below.
What is the Internet facilitating customization.?Generally, They are able to learn from the data of their clients and adjust the content of their website appropriately thanks to online personalization.
In conclusion, Customers may design and purchase a bicycle from Seven Cycles' website based on their own requirements. This is a good illustration of how the Internet makes it easier to personalize products.
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The installation of production improvement option D which boosts worker productivity by 50% by using robots to assist in producing footwear
The improvement is done by the installation of the robot which boosts the productivity by 50%, this is a great boost for any manufacturing company.
What is a Robot?A robot is a machine that helps human with the work, more robots are being used as the production assistants, these robots increase the capacity and reduce expenses.
Using robot will increase the capacity of manufacturing, increase revenue, increase depreciation, but it will decrease salary expenses. The robots if are exchanged with humans it will cut human jobs and increase unemployability.
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The presence of barriers to entry in a particular market will generally make acquisitions____________________ as an entry strategy.
The presence of barriers to entry in a particular market will generally make acquisitions more likely as an entry strategy.
A marketplace access strategy is wherein you spell out such all-essential specifics. It outlines your commercial enterprise goals, an outline of the target marketplace, precisely what you may promote there, predicted sales, and how you may achieve them. an average market entry plan can take six to 18 months to implement.
A marketplace entry strategy is a deliberate distribution and delivery approach of products or services to a brand new target market. inside the import and export of services, it refers to the advent, established order, and management of contracts in a foreign country.
A number of the most common consist of Exporting: Sending goods directly or in a roundabout way to the worldwide marketplace. Licensing: Authorizing any other enterprise to fabricate or produce the corporation's goods and services. Franchising: Copying and pasting a concept into every other market.
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The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is a.product cost b.differential cost c.period cost d.discretionary cost
The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is differential cost.
What is Differential Cost?Differential cost is the difference in costs between two possible decisions.The expense arises when a company must choose between multiple similar choices and choose one while rejecting the others.When faced with such circumstances, corporate executives must compare the costs and profits of each alternative to determine which is the most practical.The expenses incurred to produce a product are referred to as its cost.Direct labor, direct materials, consumable production supplies, and factory overhead are all included in these prices.The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost.In the latter scenario, all expenses associated with a service, such as compensation, payroll taxes, and employee benefits, should be included in the product cost.Costs that cannot be recognized on a company's balance sheet are referred to as period costs.In other words, they are recorded as an expense on the income statement in the period in which they are incurred. Some of the examples of Period cost are CEO salary, Marketing expense, selling, general and administrative expense.If necessary, a business or household can live without a discretionary expense.Nonessential spending is sometimes used to identify discretionary costs. This indicates that even if all discretionary consumer spending is stopped, a business or household can continue to function.know more about Period cost https://brainly.com/question/13237619
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Motor oil and gasoline are complements. If the price of motor oil increases, consumer surplus in the gasoline market
Motor oil and gasoline are complements. If the price of motor oil increases, consumer surplus in the gasoline market may increase, decrease, or remain unchanged.
In terms of consumption, two things are complementary if they are typically consumed together. The two products that are frequently consumed together by customers are motor oil and gasoline. Similar to replacements, two things might make good or bad complements. The two things are always consumed together, often in some set proportion, if they are ideal complements.
For the majority of consumers, the right and left shoes are an example of the ideal complement. It is challenging to purchase the two items separately because they are frequently consumed together. Again, each buyer must decide for themselves if a product is a substitute, a complement, or unrelated to another.
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Income inequality in the United States has increased somewhat over the past 30 years. Two factors that appear to have contributed to this are
C: rapid technological change and expanding international trade
About Technological change:
Ours is a time of amazing new technologies. It is frequently described in epochal terms, as a time of technological renaissance propelled by brilliant new technologies, a second machine age, and a new industrial revolution.
Technological change and income inequality:
Technology drives productivity, which drives economic growth. However, as digital technologies have grown in popularity, productivity growth has slowed rather than accelerated. This is a great modern paradox.
Meanwhile, income inequality in the United States has increased sharply, more so than in other major advanced economies. Since the early 1980s, the top 10%'s share of national income has increased from 35% to 47%.
Job insecurity has grown, as have fears of a "robocalypse"—massive job losses due to automation. Intergenerational economic mobility has decreased as income inequality has increased.
Complete Question
Income inequality in the United States has increased somewhat over the past 30 years. Two factors that appear to have contributed to this are
A: tax cuts on high-income individuals and large increases in prices of stocks.
B: strong economic growth and low inflation.
C: rapid technological change and expanding international trade.
D: outsourcing of jobs by U.S. firms and cuts in taxes on capital gains.
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Ben Carmichael has been making contributions into an individual retirement account for his retirement. His contributions are tax deductible (based on his tax filing status and income) as his employer does not offer a retirement plan. What type of individual retirement account does he have
Type of individual retirement account Ben Carmichael have is Traditional IRA
Conventional IRAs allow individuals to make contributions pre-tax bucks to a retirement account wherein investments grow tax-deferred until withdrawal for the duration of retirement. Upon retirement, withdrawals are taxed on the IRA proprietor modern profits tax charge.
A defined gain plan specifies a regular retirement age, which is when employees will be eligible to receive their full amassed advantage. The employee Retirement profits safety Act covers kinds of retirement plans: described benefit plans and described contribution plans. A defined benefit plan guarantees a distinctive month-to-month benefit at retirement.
A described benefit plan ensures an worker a specific monthly charge for lifestyles after retiring. The worker usually might also opt alternatively for a lump-sum payment in a specific quantity.
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why do i sometimes need to chose between my wants and needs
Answer: needs are more important than wants ! you need to water to survive but want the new PS5.
Explanation:
The sales contract between buyer Milton and seller Tom has been signed. Whose responsibility is it to keep track of all of the buyer contingency deadlines
The sales contract between buyer Milton and seller Tom has been signed. Milton and his agent's responsibility is to keep track of all of the buyer contingency deadlines.
If there is a breach of the majority of contracts, we seek to award "expectation" damages.
This indicates that we want to grant the harmed party damages that would put them in the same situation as if the contract had been successfully carried out. However, in real estate contract situations, this is typically not feasible.Money damages are not regarded as sufficient if the seller breaches, that is if the seller refuses to close.
The buyer can only genuinely get the "advantage of his bargain" if the buyer is granted the property because each parcel of real estate is unique due to its location.Hence, the answer is Milton and his agent.
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Which industry are entrepreneurs drawn to because the industry offers the highest return on time invested and appeals to the talent and innovation that many small enterprises typify?
Entrepreneurs are drawn to the services industry to open their new businesses because this industry offers the highest return on time invested and appeals to the talent and innovation that many small enterprises typify.
An entrepreneur is an individual who creates a brand new business, bearing most of the risks and playing a maximum of the rewards. The method of setting up a business is referred to as entrepreneurship. The entrepreneur is normally seen as an innovator, a supply of new thoughts, goods, offerings, and commercial enterprise/or processes.
Examples of entrepreneurs encompass invoice Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington, and Caterina fake. important traits of hit entrepreneurs consist of threat taking, creativity, initiative, hassle fixing, organizational capabilities, conversation, and independence.
A study by means of American explicit OPEN determined that extra than half of the entrepreneurs surveyed were paying themselves a full-time revenue, and typically making $ 68,000 a yr. That variety rises and falls from 12 months to year, however, hovers around $70,000.
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Nonbanks are financial organizations that accept no but offer many of the services provided by regular banks.
This is true about nonbanks. They are financial organizations that accept no regulations but offer many of the services provided by regular banks.
What are nonbanks?This is the term that is used to refer to the types of banks that are known to offer services that are similar to banks.
These types of banks are known to have no licenses and they are not regulated by any body.
These types of financial institutions operate in ways that may seem like they are carrying out similar activities that goes on in the banks. Some of these would be loans, insurance and exchange of currency.
Some examples of this would be
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Because texas has the highest percentage of uninsured people in the nation, the state quickly established its own health care exchange upon passage of the affordable care act.
i. True
ii. False
ANSWER (A) TRUE.
Texas has the highest percentage of uninsured people in the nation, the state quickly established its own health care exchange upon passage of the affordable care act.
Owning a good health care exchange may cut costs, save uninsured people by providing them services so that they can establish a good health at a affordable rate which is possible due to the affordable care act.
Serving the nation with proper guidance leads to insurance of many unsecure people. Establishing and fulfilling the needs of the highest percentage that is population security is the way one can secure the nation and its growth so that passage of way before the treatment is possible precaution.
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The popularization of ________ expanded the communications and sports industries. Group of answer choices
The popularization of radios expanded the communications and sports industries, as stated in option A and further explained below.
The popularization of radiosBefore the television, the computer, or the smartphone, radios were the most important means of communication. As they become more and more popular, families would gather around their radios at home to enjoy the programs together.
That popularization impacted the communications and sports industries. Different types of programs were created in order to inform and entertain listeners. Sports programs would also keep people updated concerning their favorite teams and games.
With the information above in mind, we can choose option A as the correct answer.
The complete question with the missing answer choices is the following:
The popularization of ________ expanded the communications and sports industries.
radiostalkiesthe Model TairplanesLearn more about the radio here:
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Ensuring land is put to the use for which it is best suited while also protecting livability of a community and property values is achieved through ______.
Ensuring that land is put to the use for which it is best suited, while protecting a community's livability and property values are achieved through zoning.
What is zoning?It is an important instrument for urban planning, being used to regulate land use, respecting local, safety and protection characteristics, so that the availability of land use happens legally.
Therefore, zoning is essential for the maintenance of urban space in a structured and controlled way by the government, for the purposes of environmental protection and organization.
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If Kelly were to consider enhancing productivity by giving greater authority to her subordinates and increasing formalization, she would be considering ________ changes.
Kelly would be considering structural changes.
Major technological changes today include the introduction, automation, and computerization of new devices, tools, or methods. Automation is a technological shift that replaces humans with machines that function automatically without human intervention.
Resistance to change – is caused by selfishness, misunderstanding, distrust, and general intolerance to change. People resist change for their own benefit and are afraid that change may sacrifice something or rob something that is important to them.
Productivity gains have enabled the US corporate sector to produce nine times as many goods and services since 1947 with relatively little increase in working hours. Increased productivity allows the economy to produce and consume more goods and services for the same amount of work.
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An advantage of ________ is that they allow easy identification of the order of precedence and easy determination of slack time.
An advantage of B. Gantt chart is that they allow easy identification of the order of precedence and easy determination of slack time.
Gantt charts assist teams to plot work around cut-off dates and well allocate resources. Task planners also use Gantt charts to hold a fowl's eye view of projects. They depict, among different things, the connection between the beginning and end dates of duties, milestones, and dependent responsibilities.
A Gantt chart is a bar chart that indicates the responsibilities of a venture, while every assignment ought to take vicinity, and the way long each assignment will take to complete. because the task progresses, the chart's bars are shaded to show which duties had been finished.
A Gantt chart is a useful graphical tool that shows sports or duties finished in opposition to time. it's also known as the visual presentation of a mission where the activities are damaged down and displayed on a chart which makes it simple to apprehend and interpret.
The question is incomplete. Please read below to find the missing content.
An advantage of ________ is that they allow easy identification of the order of precedence and easy determination of slack time.
A. PERT diagrams
B. Gantt chart
C. design diagram
D. database design
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Matt's factory rents equipment and hires students to produce sports bags. Compare the outputs at which Matt's AVC and ATC curves are at their minimum points. The output at which Matt's AVC curve is a minimum is ________ the output at which his ATC curve is a minimum. This is because initially when decreasing marginal returns set in ________.
The output at which the average variable cost is a minimum is smaller than the output at which the average total cost is a minimum because initially when decreasing marginal returns set in, (E) average fixed cost is decreasing at a faster rate than average variable cost is increasing.
What is the average variable cost?In economics, the variable cost per unit is known as the average variable cost. Divide the entire variable cost by the output to get the average variable cost. In the short term, the enterprises use the average variable cost to determine whether to stop production.What is the average fixed cost?The average fixed cost (AFC) is a fixed cost that remains constant regardless of the number of goods and services produced by a corporation. To summarize, the average fixed cost (AFC) is the fixed cost per unit derived by dividing the total fixed cost by the output level.Therefore, the output at which the average variable cost is a minimum is smaller than the output at which the average total cost is a minimum because initially when decreasing marginal returns set in, (E) average fixed cost is decreasing at a faster rate than average variable cost is increasing.
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Complete question:
Matt's factory rents equipment for manufacturing sports bags and hires students.
The table gives Matt's average total cost schedule and average variable cost schedule.
The output at which the average variable cost is a minimum is smaller than the output at which the average total cost is a minimum because initially when decreasing marginal returns set in, ______.
A.the total fixed cost initially increases and then decreases
B. total fixed cost is decreasing at a faster rate than total variable cost is increasing
C. average variable cost is decreasing at a faster rate than average fixed cost is increasing
D. total variable cost is decreasing at a faster rate than total fixed cost is increasing
E. average fixed cost is decreasing at a faster rate than average variable cost is increasing
What are some factors that financial managers consider when choosing the maturity structure of their debt?
Some factors that financial managers consider when choosing the maturity structure of their debt are-
The required sum.capital is needed for what kind of spending.Duration of time during which money is needed.Size, standing, and potential for corporate expansion.present gearing of the business.Cost of the funding source.The link between short-term and long-term debt, where long-term debt is defined as debt with a maturity of more than one year, and short-term debt, is known as the debt maturity structure. Debts are debts with a 12-month maturity date. The length of time and frequency of principal and interest payments are referred to as the debt structure.
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You work about 50% of the time at client sites and the other 50% of the time at your company's offices. Which mobile device accessory would help you most with your work
The mobile device accessory which would help most is a docking station for laptop.
What is a docking station?A laptop's base station, or docking station, converts the device into a desktop computer. The keyboard, mouse, monitor, and printer are permanently plugged into the docking station rather than being added to a laptop to make it desktop-ready. The laptop clamps into the docking station via USB or a single special-purpose connector to convert from portable to desktop use. Although the ordinary user's processing needs can be met by modern laptops, there will always be a tradeoff between port accessibility and mobility.You may convert your laptop into a desktop computer with a docking station. Your laptop can connect to a docking station in order to use a monitor, printer, keyboard, mouse, storage device, backup drive, and even a local area network (LAN).
Therefore, The mobile device accessory which would help most is a docking station for laptop.
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When using ________, a consumer exerts little effort in making a purchase decision.
When using habitual decision-making, a consumer exerts little effort in making a purchase decision.
Consumer decision-making or problem-solving that requires minimal pre-purchase research and evaluation of alternatives. Also known as automatic response behavior, routine response behavior, and routine problem-solving.
Buying milk or bread from a nearby store is an example of habitual buying behavior. 2. Despite having multiple brands of drinks and cola products, people prefer some brands and flavors. This is another example of habitual purchase.
Consumption decisions are made out of habit without searching for or advising on additional information between products. There are two types of him in this category. Those who are loyal to the brand and those who buy from the inertia of the brand.
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The standard deviation of return on investment A is 24%, while the standard deviation of return on investment B is 19%. If the covariance of returns on A and B is 0.009, the correlation coefficient between the returns on A and B is __________.
The standard deviation of return on investment A is 24%, while the standard deviation of return on investment B is 19%. If the covariance of returns on A and B is 0.009, the correlation coefficient between the returns on A and B is 0.197368.
What is the correlation coefficient between the returns on A and B?Generally, the equation for the Correlation coefficient is mathematically given as
Correlation coefficient = Covariance of returns on investment A and B / (Standard deviation of return on investment A * Standard deviation of return on investment B).
Therefore
CC= 0.009 / (0.24 * 0.19)
CC= 0.197368
In conclusion, the Correlation coefficient between returns on investment A and B is
CC = 0.197368
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Assume that Cane normally produces and sells 79,000 Betas and 99,000 Alphas per year. If Cane discontinues the Beta product line, its sales representatives could increase sales of Alpha by 12,000 units. What is the financial advantage (disadvantage) of discontinuing the Beta product line
The financial advantage (disadvantage) of discontinuing the Beta product line is take contribution margin of dropped product as a negative, add traceable fixed OH of dropped product.
Beta product lineIn order to find any defects or difficulties before a general release, beta product line testing gives actual users the chance to utilize a product in a production setting. Before making a product available to a large public, beta product line testing is the last stage of testing. The goal is to find as many defects or usability problems in this confined environment as you can.
A production environment using the same hardware, networks, etc. as the final release is used by beta testers, who are "actual" users, to do their testing. Additionally, since these tests cannot be carried out in a lab or stage setting, this presents the first opportunity for comprehensive security and reliability testing.
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A nurse assesses a client's ability to ambulate with crutches using a three-point gait. Which of the following actions should the nurse recognize as a risk to client safety
The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.
What is the role of a licensed nurse?As part of their everyday duties to care for their patients, licensed nurses frequently wear numerous hats. The main responsibility of a licensed nurse is to make sure that every patient receives the appropriate and direct care they require. Licensed nurses evaluate and identify patients' requirements before putting their medical plans and treatments into action and keeping an eye on them. They also make sure that patient care is provided in accordance with the rules and guidelines set forth by their employer, whether it be a hospital or another type of establishment.Certified nurses supervise every patient's care. Nurses oversee all the moving elements in their workplaces, from taking blood pressure and educating patients about their health to collaborating closely with doctors on their medical teams.
Therefore, The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.
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_________ are one of the five stages of questions in the ADAPT questioning system that do not seek conclusions but rather should address the buyer's company and operations, goals and objectives, market trends and customers, current suppliers, and even the buyer as an individual.
Assessment questions one of the five stages in the ADAPT questioning technique that doesn't seek conclusions but instead should talk about the buyer's business and operations, aims and objectives, market trends and customers, current suppliers, and even the buyer as a whole.
What questions are asked in an Adapt sequence?The five steps of the ADAPT questioning sequence should be identified and described. The five steps that make up this effective questioning sequence are assessment questions, discovery questions, activation questions, projection questions, and transition questions. These processes correspond to the acronym ADAPT.
What exactly are assessment questions?Employers utilize exams called talent assessment questions to assist them choose individuals who will be the best match for their organizations. Pre-employment exams are used by many big organizations to determine whether a candidate's personality, knowledge, work style, and abilities match the position being applied for or the company's culture.What is an assessment example?Historically, certain science departments have adopted national standardized tests. Oral exams, such as the one that is a component of the exit interview for feminist and gender studies (a mix of direct and indirect assessment) testing in a uniform language. more internal capstone-level tests.
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If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account?
If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account will : increase by $709 billion.
Balance of goods and services in the current accountUsing this formula
Balance of goods and services= Balance on goods +Balance on services
Where:
Balance on goods= --$816 billion
Balance on services =$107 billion
Let plug in the formula
Balance of goods and services= --$816 billion +$107 billion
Balance of goods and services= $709 billion Increase
Therefore If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account will : increase by $709 billion.
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