Answer: Demand for money will Increase
Explanation:
As banks are paying interest on checking accounts, these accounts will become more attractive, people will want to take advantage of this and so they will demand more money.
This will enable them to deposit in checking accounts where they can earn the interest the banks are paying.
Answer:
Total job cost= 12370$
Explanation:
Detailed solution is given in tabular form below:
"Diverse and aggressive" is the one kind of portfolio among the following choices given in the question that a young <span>investor would be best served by. The correct option among all the options that are given in the question is the first option or option "A". I hope the answer has come to your help.</span>
Explanation:
The journal entries are as follows
On December 31
1. Interest expense A/c Dr $380
To Interest payable A/c $380
(Being the interest expense is recorded)
2. Account receivable A/c Dr $1,820
To Service revenue A/c $1,820
(Being the unbilled amount is recorded)
3. Salaries expense A/c Dr $750
To Salaries payable A/c $750
(Being the salaries expense is recorded)
Answer: Rational
Explanation:
The rational model (classical model) of decision making explains how managers should make decisions. It assumes that managers will make logical decisions in four stages namely :
1. Identify the problem or opportunity
2. Think up alternative solutions
3. Evaluate alternatives & select a solution
4. Implement & evaluate the solution chosen.
