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Lemur [1.5K]
2 years ago
11

Which line represents the flow of final goods and services?

Business
1 answer:
Alex777 [14]2 years ago
7 0

The Household line represent the flow of final goods and services and consumer spending while the Business line represent the flow of rent, wages, interest, and profits.

<h3>What is the circular flow diagram?</h3>

This is an economic diagram that illustrate the flow of money through the economy.

The four parts of the circular flow diagram includes:

  • individuals,
  • firms,
  • market for goods and services,
  • market for factors of production.

In conclusion, these economic diagram illustrates the system functions through the interactions of households and firms.

Read more about circular flow diagram

<em>brainly.com/question/26674132</em>

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Riverbed Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,280, Land $49
Rzqust [24]

Answer:

Explanation:

Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

The land is a fixed asset and patents is an intangible asset. Thus these items would not come in the current asset section

The preparation of the current assets section of the balance sheet is presented in the spreadsheet. Kindly find the attachment below:

5 0
3 years ago
Please help me!!!!!
brilliants [131]

Answer:

can't read could you do a close up one

Explanation:

4 0
3 years ago
Runyon Inc. reported the following results from last year’s operations: Sales $ 16,800,000 Variable expenses 12,230,000 Contribu
Andre45 [30]

Answer:

Turnover is equal to 2.40

Explanation:

Consider the following equation to calculate the turnover

Turnover = Sales /Average operating assets

= 16.800.000/7000000=

2.4

<em />

<em>Turnover is an accounting concept that calculates how quickly a business conducts its operations.</em>

 

4 0
3 years ago
Coffee beans are an input in the production of coffee. Coffee in turn is a complement to pie. an increase in the price of coffee
AleksandrR [38]

An increase in the price of coffee beans can be expected to increase the demand for pie.

So, in the market if the price of coffee beans increases, quantity demanded for coffee will decrease. As, the coffee in turn is a complement to pie the consumers using coffee will now shift themselves to pie, unless the price decreases for coffee. Thus, the demand for pie is expected to increase now.

Several events could lead to such a change, an increase in  population , an increase in incomes, or an increase in the price likely to increase the quantity of coffee demanded at each price.

Hence, this represents the Law of Demand.

To learn more about the Law of Demand here:

brainly.com/question/10782448

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3 0
2 years ago
What is the US Central Bank (Fed) focusing on right now? Present their main activities.
chubhunter [2.5K]

Answer:

It is focusing on looking over financial system risks and engages at home or abroad to help insure that the system stays healthy for the ecomomey, basically for households in the U.S., communities, as well as businesses in the U.S..

8 0
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