Since the balance of payments is the summary of a country's financial transactions with another country, a discussion of a nation's balance of payments will need to include a discussion of:_________

Answers

Answer 1

Since the balance of payments is the summary of a country's financial transactions with another country, a discussion of a nation's balance of payments will need to include a discussion of the country's current account and capital account.

What is a balance of payments?

It refers to the statement of all transactions made between entities in one country and other countries over a defined period. In essence, the balance of payments summarizes all transactions that a country's individuals, companies, government bodies complete with individuals, companies, government bodies outside the country etc

As the balance of payments includes both the current account and capital account, then, the discussion of a nation's balance of payments will need to include a discussion of the country's current account and capital account.

Read more about balance of payments

brainly.com/question/14762484

#SPJ1


Related Questions

Management's plan for making money in a particular line of business and the revenue-cost-profit economics of the company's strategy is:______.

Answers

Management's plan for making money in a particular line of business and the revenue-cost-profit economics of the company's strategy is Strategic Management.

Strategic Management is the most widely recognized approach to spreading out goals, frameworks, and focuses to make an association or affiliation more serious. Consistently, the fundamental organization looks at effectively passing staff and resources on to achieve these targets.

In business, it is critical because it allows an association to look at districts for useful improvement. Generally speaking, they can understand either a consistent connection, which recognizes likely risks and opens entryways, or simply notice essential standards.

An association could choose to follow either a prescriptive or elucidating method for managing the executives. Under a prescriptive model, frameworks are delineated for development and execution. On the other hand, an elucidating model portrays how an association can cultivate these frameworks.

To learn more about Strategic Management.

https://brainly.com/question/28102251

#SPJ4

Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense.

Answers

Unpaid or unrecorded charges are referred to as accrued expenses. An adjusting entry used to document an incurred expense is a True Statement.

An expenditure that is recorded on the books before it has been paid is referred to as an accrued expense, also known as accrued liabilities. In the accounting period in which it is incurred, the expenditure is recorded.

The most frequently incurred expenditures that businesses owe are salaries, rent, and interest. On the other side, accounts payable represent money owed to creditors, such as suppliers for products and services that were financed. Accrued expenses frequently arise on a regular basis, such as rent and loan interest payments.

Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense. Please select the right option: True/False

To learn more about accrued expenses

https://brainly.com/question/28200090

#SPJ4

Assume the materials cost to produce 1,000 units was $390,000. what would the materials cost be per unit and in total to produce 2,000 units?

Answers

The cost per unit is $390.

The total cost of producing 2,000 units is $780,000.

What is the total cost?

The cost per unit is known as the average cost of production. In order to determine average cost, divide the total cost by the total unit produced.

Average cost = total cost / total unit

$390,000 /1000 = $390

The total cost of producing 2000 units = average cost x number of units

$390 x 2000 = $780,000

To learn more about average cost, please check: https://brainly.com/question/15071280

#SPJ1

One reason for employers being biased against older workers is that older workers generally _____ than younger workers, and companies are always looking to reduce costs.

Answers

Earn Higher Salaries.

One reason for employers being biased against older workers is that older workers generally earn higher salaries than younger workers, and companies are always looking to reduce costs.

#SPJ4

____ sites are web sites that individuals and businesses use to conduct social interactions online.

Answers

Online social interactions between people and businesses take place on social networking websites.

A social networking site is an online community where users can connect with one another and build public profiles. Social networking sites typically let new users create a list of contacts they have a connection with, and those contacts can subsequently confirm or deny the link. Once connections have been made, a new user can look through existing connections to find new ones.

A social networking site is also referred to as a social website or a social networking website.

To learn more about Social networking sites here

https://brainly.com/question/2083119

#SPJ4

The model of technological choice presented in unit 2 of the economy suggests that the main reason the industrial revolution first occurred in britain was that:_____.

Answers

the main reason the industrial revolution first occurred in Britain was that in Britain the price of coal was low relative to labor. Thus, making everyone want to own and make products using the steam engine which ultimately created the first industrial revolution.

The Industrial Revolution, which took place between roughly 1760 and between 1820 and 1840, was the adoption of new manufacturing techniques in Great Britain, continental Europe, and the United States. This transition encompassed the switch from manual to mechanical production methods, the invention of new ways of producing chemicals and the iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system.

#SPJ4

The interval measure is useful for start-up companies because it indicates how long a company can operate until _____.

Answers

Answer: It needs another round of financing

Explanation:

A newborn child receives a $ gift toward a college education from her grandparents. how much will the $ be worth in years if it is invested at ompounded quarterly?

Answers

The value of $20,000 be worth in 17 years if it is invested at 7% and compounded quarterly is $65068.443.

What is compound interest?

Compound interest means simply that the interest on a bank account, lending, or investment grows exponentially over time rather than linearly. Compound is the key word here.

Assume you invest $100 in a company that pays a 10% dividend each year.

Her grandparents give a $20,000 college education gift to a newborn child.

[tex]\mathrm{A}=\mathrm{P}\left(1+\frac{\mathrm{r}}{\mathrm{n}}\right)^{\mathrm{nt}}[/tex]

Where A is the final amount,

P = principal amount,

r = interest rate,

n = number of times interest is applied in given time period, and

t = number of periods elapsed.

In the above formula, replace the known terms with:

[tex]\begin{aligned}&A=20000\left(1+\frac{0.07}{4}\right)^{4 \times 17} \\&A=20000(1.0175)^{68}\end{aligned}[/tex]

A = $65068.443

So, if $20,000 is invested at 7% as well as compounded quarterly for 17 years, it will be worth $65068.443.

To know more about compound interest, here

https://brainly.com/question/24924853

#SPJ4

The complete question is-

A newborn child receives a $20,000 gift toward college education from her grandparents. How much will the 20,000 be worth in 17 years if it is invested at 7% and compounded quarterly?

If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, how will this error affect net income for the current period?.

Answers

There will be inadequate liabilities.

the required details about sales revenue is mentioned below

What Does Sales Revenue Mean?

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting. It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debt are all included in net revenue.

to know more about sales revenue from the given link

https://brainly.com/question/16232387

#SPJ4

The managerial role of a ________ is best described as giving direct command and orders to subordinates

Answers

The managerial role of a leader is best described as giving direct command and orders to subordinates

What is the function of management ?

The pursuit of organizational goals efficiently and actually by including the work of people through planning, organizing, leading, and controlling. This process of management involves monitoring performance, reaching it with goals, and making adjustments if needed.

What are the distinctions among the three levels of management?

The three levels of management in most communities are top-level management, mainly responsible for overseeing all functions, middle-level management, responsible for executing plans and procedures, and low-level control, responsible for direct task performance and deliverables.

To learn more about  organizational goals, refer

https://brainly.com/question/17601805

#SPJ4

If individual taxpayers are the shareholders of pst corporation and pst corporation is a shareholder of mno corporation, how many levels of tax is mno's pretax income potentially exposed to?

Answers

If individual taxpayers are the shareholders of pst corporation and pst corporation is a shareholder of mno corporation, how many levels of tax is mno's pretax income potentially exposed to Triple taxation.

What is taxation?

A tax is a mandatory financial charge or other type of levy that is levied against a taxpayer by a government agency in order to pay for government expenses and other public expenditures. The main goal of taxation is to raise money for the services that the community needs and to support the community's needs.

Therefore,

If individual taxpayers are the shareholders of pst corporation and pst corporation is a shareholder of mno corporation, how many levels of tax is mno's pretax income potentially exposed to Triple taxation.

To learn more about taxation from the given link:

https://brainly.com/question/17061233

#SPJ4

Suppose+a+u.s.+treasury+bond+will+pay+$2,500+five+years+from+now.+if+the+going+interest+rate+on+5-year+treasury+bonds+is+4.25%,+how+much+is+the+bond+worth+today?

Answers

These are taken to be relatively risk-free as they are issued by the government. As such, they can be taken as benchmark rates for selecting the rate of return of corporate commercial documents and corporate binds.

Treasury bond

The purposeful worth of the given U.S. Treasury bond today is $2,030.31.

The present worth of the U.S. Treasury bond is given by:

= Future value / (1 + interest rate) ^ {number of years}

{eq}= \dfrac{\$2,500}{(1 + 4.25\%) ^ {5}} {/eq}

{eq}= \dfrac{\$2,500}{(1.0425) ^ {5}} {/eq}

= $2,030.31

Subtracting the purchase price from the par value yields a gain in dollars. Splitting that difference by the purchase price then shares the rate.

To learn more about Treasury bonds visit the link https://brainly.com/question/1246006

#SPJ4

The tax cuts and jobs act of 2017 set the corporate tax rate to be ______ regardless of the level of taxable income.

Answers

The tax cuts and jobs act of 2017 set the corporate tax rate to be 21% regardless of the level of taxable income.

Tax Cuts and Jobs Act of 2017

The Tax Cuts and Jobs Act, which altered the Internal Revenue Code of 1986, was reintroduced in Congress as the Act to provide for reconciliation according to sections II and V of the concurrent resolution on the budget for fiscal year 2018, Pub.L. 115-97.What did the Tax Cuts and Jobs Act of 2017 achieve?Deductions, depreciation, expensing, tax credits, and other business-related tax items have altered as a result of the Tax Cuts and Jobs Act ("TCJA"). Business owners may use this side-by-side comparison to comprehend the changes and make appropriate plans.

To learn more about the Tax Cuts Act, Click the links.

https://brainly.com/question/26428089

https://brainly.com/question/28101584

#SPJ4

Implementing the strategy is often overlooked by senior managers especially in large organizations. What level of manager is often responsible for making sure the strategy gets implemented in alignment with the corporate goals?.

Answers

Functional managers are level of manager is often responsible for making sure the strategy gets implemented in alignment with the corporate goals.

What are the responsibility of functional manager ?

In general, a functional manager oversees the technical work of team members from that functional area who are performing on the project. They manage and own the resources during a particular department, like IT, engineering, PR , or marketing. decisions regarding the long-term allocation of a company's financial resources to activities.

Capital budgeting is that the process a business employs to evaluate potential large projects or investments. Capital budgeting is required before a project is approved or rejected. Such initiatives can involve building a replacement facility or making a size able investment in a different company.

Capital assets are often long-term investments like new equipment, structures, and software updates, whether or not they represent a very small portion of a company's total assets.

Learn more about financial manager:

brainly.com/question/26266898

#SPJ4

In some cases, organizations will use a(n) __________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

Answers

In some cases, organizations will use a(n) request for proposal to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

What is a request for proposal?

This is the term that is used to refer to the type of document that a person would have that is able to make the announcement for a project as well as providing the description for that project and the bids for the people that can be given the projects as contractors.

Hence we can say that business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.

Read more on business document here: https://brainly.com/question/3851647

#SPJ1

ron king is a single airline ticket agent who claims 1 allowance. his gross weekly salary is $320.00. each week he has deducted federal, social security, and medicare taxes; $26.20 for medical insurance; 1.5% state tax; and $25.00 for the credit union.

Answers

Deductions:-

Federal Tax =>                                $24 (from given data)

Social Security =>                          $19.84 (6.20% of $320)

Medicare =>                                    $4.44 (6.45% of $320)

State Tax =>                                    $4.80 ( 1.5% of $320)

Medical Insurance =>                    $26.20 (from given data)

Credit Union =>                              $25 (from given data)

Reductions = ∑(24+19.84+4.44+4.80+26.20+25)

                    =104.28.

Now,

Net Pay = 320-104.28

             = $215.72

So, Ron's Net Pay should be $215.72.

#SPJ4

When calculating free cash flows to common equity shareholders, financing activities do not include?

Answers

When calculating free cash flows to common equity shareholders financing activities do not include: Adjustments for capital expenditures

Why free cash flow is important?

Free cash flow is important to investors and business analysts as it tells how much cash your company has at its disposal. They often assess your free cash flow to assume whether your company has sufficient cash to repay debts, issue dividends and buy back shares.

What affects free cash flow?

The company's net income greatly impact on  a company's free cash flow by influencing a company's ability to produce cash from operations.

Learn more about free cash flow:

brainly.com/question/15848997

#SPJ4

Can saas provide any combinations of functions depending on customer's exact needs?

Answers

Depending on a client's precise requirements, the might offer any mix of tasks, including, for instance, monitoring, storage, applications, and virtual desktops. services created online or on a company's own servers in its own data center for that company's personal usage.

What is SaaS?

SaaS, usually referred to as cloud-based software, is now widely used. One of the top three emerging technology investment areas, according to nearly half (48%) of respondents to Gartner's 2021 Emerging Technology Product Leader Survey who are investing in data and analytics, is cloud-based software.

And with good cause. Web-based business apps are paid for on an hourly basis rather than all at once and don't require difficult installations or binding contracts. The systems are typically more adaptable and cost-effective due to this.

To know more about ' SaaS ', visit: https://brainly.com/question/24852211

#SPJ4

What are the effects on the accounting equation when dividends are declared and paid?

Answers

Since a stock dividend does not result in the creation of a liability, the accounting equation is unaffected by its declaration. However, the composition of stockholders' equity does vary. The stockholders' equity will only be rearranged when the dividend is paid out, but the accounting equation will remain the same.

Retained earnings fall for a tiny stock dividend while common stock and paid-in capital in excess of par rise. Common stock rises and retained earnings fall for a sizable stock dividend. A stock dividend is a dividend payment that is delivered to shareholders in shares as opposed to cash. The benefit of the stock dividend is that it rewards shareholders without dipping into the company's cash reserves. The majority of these stock distributions are made as fractions paid per outstanding share.

To learn more about Stock Dividends here

https://brainly.com/question/7636713

#SPJ4

How many chargers must be produced and sold if you wish to make a profit of $45389? round up to the nearest whole number.

Answers

In order to make a profit of $45389, 7879 charges must be sold.

What does profit means?

Profit is the term used to describe the financial gain experienced when the revenue from a business activity exceeds the costs, costs, and taxes associated with maintaining that activity.

Any profits generated are returned to the company's owners, who can decide whether to keep the money for themselves, pay dividends to shareholders, or reinvest it in the company. The money a business keeps after deducting all costs is known as profit. The main objective of every business, whether it be a little lemonade stand or a publicly traded multinational corporation, is to make money. As a result, a business's success is measured by its profitability in all of its forms.

Explanation:

Cost function equals 50500+2.48x (fixed cost + variable cost).

Income function = 14.65x

Revenue function - cost function = profit.

Profit function equals (50500+2.48x)/14.65.

Profit function equals 14.65 x 50500 - 2.48 x, or 12.17 x 50500.

If x is now 5500,

Profit therefore equals 12.17 x 5000 – 5000 = 16435.

Given that profit is 45389, this means that 45389 = 12.17 x 50500 (45389 + 50500) / 12.17 equals 7879.

To know more about profit, visit:

https://brainly.com/question/11730516

#SPJ4

Which dimensions should a marketer consider when dealing with the human aspect of distribution channels?

Answers

Dimensions that a marketer should consider when dealing with human aspect of distribution channels are communication, conflict, roles, and power. Conflict arises when one marketing channel participant believes that the acts of another participant have prevented him or her from achieving his or her objectives. Power is the ability of one channel member to command or shape the actions of another channel member (s). A role is a set of guidelines that specify how a positioning member should behave. Members of the channel engage in communication activities that produce an information flow within the channel, which is required for an effective movement of goods or services throughout the channel.

The people, businesses, and initiatives that make products and services accessible to consumers are referred to as marketing channels. From the moment of production to the point of consumption, ownership of the commodities is transferred. Trade exhibitions, business gatherings, and targeted email is the example of marketing channels.

#SPJ4

The purpose behind a secondary sources of law is to increase the level of _______ and _______ across courts in all 50 states.

Answers

The purpose behind a secondary sources of law is to increase the level of uniformity across courts in all 50 states.

What are Secondary Sources of Law?

In general, anything that discusses and analyzes primary sources is probably a secondary source if authorities like statutes and case law that establish the law are considered primary sources.

Given the broad scope of the concept, it is not surprising that secondary sources can have a wide range of characteristics and purposes, similar to the various approaches to analyzing laws and case law.

For instance, many secondary sources take the form of authoritative thematic treatises, while others take the form of live or recorded seminars. Other such authority may compile case law or statutes from various jurisdictions. And even that barely scratches the surface of all the secondary legal sources that are readily available.

To know more about Secondary sources, visit

https://brainly.com/question/1983193

#SPJ4

The correct question is “The purpose behind a secondary sources of law is to increase the level of ______ across courts in all 50 states.”

Munster inc. debits deferred revenue and credits service revenue. as a result of this adjusting entry, munster's:______

Answers

Munster inc. debits deferred revenue and credits service revenue. as a result of this adjusting entry, Munster's equity will increase

liabilities will decrease

This is further explained below.

What is Revenue?

Generally,  Revenue is the entire amount of money earned through the sale of products and services connected to the principal activities of the firm. In accounting, revenue refers to the total amount of income generated.

The term "commercial income" is synonymous with "sales" and "turnover" in the business world. Interest, royalties, and many other fees may all be sources of income for certain businesses.

In conclusion, Deferred revenue is debited and service revenue is credited by Munster Inc. Munster's equity will rise as a consequence of this adjusting entry, while liabilities will fall.

Read more about  Revenue

https://brainly.com/question/8645356

#SPJ1

The means by which individuals hold their claims on real assets in a well-developed economy are.

Answers

Answer:Financial assets

Explanation:

Suppose the working age population (wap) is 300 million. if the unemployment rate (ur) is 5 nd there are 228 million employed (e), what is the labor-force participation rate (lfpr)?

Answers

Based on the working age population and the unemployment and employment numbers, the labor-force participation rate is 77.7%

What is the labor-force participation rate?

The labor-force participation rate can be found by the formula:

= Labor force / Working age population

The labor force is:

= Unemployed people + Employed people

The labor-force participation rate is therefore:

= (5 + 228) / 300

= 233 / 300

= 0.7767

= 77.7%

Find out more on the labor-force participation rate at https://brainly.com/question/24939447

#SPJ1

A house has been on the market for several months because most buyers do not want to walk through the master bedroom from the garage to reach the kitchen. this floor plan is an example of:_______

Answers

A house has been on the market for several months as most buyers do not want to walk through the master bedroom from the garage to reach the kitchen. So this floor plan is an example of functional obsolescence.

Functional obsolescence is regarded as a reduction of an object's desirability or usefulness because of an outdated design feature which now cannot be changed easily. Thus, various efforts have been made over the past few years in order to objectively quantify the effect of functional obsolescence in real estate.

So here, a house for several months has been on the market as most of the buyers do not want to buy it. As the house is not built in a convenient way. So this floor plan is an example of functional obsolescence.

Hence, functional obsolescence is most often the result of new technology, in recent decades.

To learn more about functional obsolescence here:

https://brainly.com/question/26275304

#SPJ4

Which annuity payout option usually results in the largest periodic payment?
a. unit refund annuity
b. joint and last survivor annuity
c. life annuity
d. life annuity-period certain

Answers

The correct option is (c) life annuity.

The payout increases as the predicted annuity term decreases. The life annuity is the shortest predicted term because it only lasts for the duration of that person's life.

What is life annuity ?

A financial instrument known as a life annuity offers a predetermined periodic payout amount until the annuitant's death. Annuitants purchase a life annuity by paying premiums or a lump amount. In order to complement or provide for retirement income, life annuities are frequently employed.

A joint and last survivor annuity pays the surviving spouse when one person dies; a unit refund annuity gives a lump payment if a person dies early. A life annuity with period certain continues to pay for a set time period if the person dies early.

To know more about Life annuity, visit: https://brainly.com/question/15103837

#SPJ4

The capability of corporations to influence government, the economy, and society, based on their organizational resources is called:__________

Answers

CSR aids in enhancing a number of societal facets as well as enhancing the reputation of businesses.

What Is Corporate Social Responsibility (CSR)?

Corporate responsibility programs are also a wonderful method to increase morale in the workplace. Environmental effects, moral duty, charitable work, and financial obligations are the four main subcategories of CSR.

Corporate social responsibility (CSR) is a self-policing corporate strategy that enables an organization to be socially accountable to its customers, employees, and stakeholders. Companies can be aware of their impact on the economic, social, and environmental aspects of society by engaging in corporate social responsibility, often known as corporate citizenship. When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits society and the environment rather than detracting from it.

Corporate social responsibility is a business strategy that encourages businesses to work in ways that benefit society and the environment rather than harming them.

To lean more about Corporate Social Responsibility from the given link.

https://brainly.com/question/1373962

#SPJ4

Attracting, contacting, and evaluating potential employees is easier when recruiting from external sources.
a. true
b. false

Answers

The correct option (a) True.

You run the risk of passing up the opportunity to hire individuals with novel abilities and concepts if you just use internal hiring. In light of this, using external recruitment will boost your ability to find qualified and experienced people.

What is Recruitment?

Finding, vettingrecruiting, and eventually, onboarding qualified job prospects is the process of recruitment. The hiring process might be very simple, but the initial step—finding potential candidates—can be extremely difficult due to technological advancements, a competitive labor market, and a worker pool that may span five generations.

The hiring manager and other participants in the recruiting process support recruitment, which is an important aspect of human resource (HR) management. A company's bottom line may be significantly impacted by effective recruitment activities that make it stand out and more desirable to prospective employees.

To know more about Human Resource, visit

https://brainly.com/question/20749711

#SPJ4

A legal firm has a retainer with a financial services firm to provide legal counsel and other services to the company. this is an example of:_________

Answers

A legal firm has a retainer with a financial services firm to provide legal counsel and other services to the company. This is an example of a complementary partner.

A complimentary partnership is what?

Each participating business has its own clientele and marketing methods. You can each push messages to your respective audiences that advertise your partner's business through a complimentary alliance.

Developing complementary alliances is one of the keys to realizing your potential and succeeding.

To know more about alliances, click here:-

https://brainly.com/question/14014533

#SPJ4

Other Questions
Which graph represents the function h (x) = -x+2? Which detail belongs in the analyzing area of the web? William paid $50 to his credit card and divided the rest of his paycheck evenly into a savings account, a checking account, and cash to spend for the week. he has $100 to spend for the week. write an equation to represent the situation. then solve. EASY PLEASE HELP I NEED ANSWER TO SEVEN Exercise 1 Draw one line under the simple subject. Draw two lines under the simple predicate. Draw a vertical line (|) between the complete subject and the complete predicate. You will enjoy the seventh-grade play. When providing client education relative to an inhaled glucocorticoid, the nurse should include which instruction to prevent a common side effect of the medication? According to Chapter 3: Shop Layout, in a scene shop, sheet lumber (such as lauan, plywood, masonite, and MDF) is commonly stored flat in an area that is at least _________________.Group of answer choices4'x6'8'x8'4'x8'6'x10' If the total surplus in a market with no government intervention is $500 and consumer surplus is $200, producer surplus is ____ Which ppe would the nurse use when giving a bath to a client with aids, pneumonia, and aids wasting? Explain how infection and control interventions may differ in the home versus the hospital? The following data are an example of what type of regression?x123456O A. ExponentialOB. QuadraticO C. LinearOD. None of the abovey10,96010,80810,90411,28611,87612,553 A client has designated her daughter as a person to make healthcare decisions for the client if he is not able to do so. what type of advance directive is this considered? I need help fast please and thank you Writing Link Write three sentences about a concert or other performance you have seen. Use at least three collective nouns in your sentences. What features of the faceted histograms do you look at to judge whether one variable explains variation in another variable? Exercise 2 Underline the correct word or words in parentheses. Sean planned the student council meeting (good, well).The play we saw last weekend was very (good, well). The cue utilization hypothesis suggests optimal performance results from:____. A 7-year-old boy was struck by a car while riding his bicycle. his bp is 60/40 mm hg, pulse is 160 beats/min, and respirations are 34 breaths/min. how much iv fluid should you administer per bolus? Recognizing challenges is the first step in findingsolutions. Check each of the following statementsthat are currently considered challenges for thefoodservice industry. If you find yourself standing in an oak-hickory forest in southern michigan, what you see around you represents a good example of a:_________