Answer:
The correct answer is letter "C": when the marginal magnitude is below the average magnitude, the average magnitude falls.
Explanation:
The average-marginal value is an Arithmetic rule implemented in Economics that states that when the marginal value is above the average value, the average value tends to rise, In case the marginal value is below the average value, the average value tends to fall. The average value remains the same when it is equal to the marginal value.
Answer:
c. $363 million
Explanation:
We can compute this easily by making a retained earning extract from the balance sheet at the closing date,
Opening Retained earnings $12,329
Add retained earnings for the year $556
Less: Dividends paid $363
Closing Retained earnings $12,522
Reverse calculating the information gives us c. $363 million
Hope that helps.
Answer:
True
Explanation:
Banks use a type of check used to pay bills or make payments for which the money is guaranteed
Answer:
East and South east Asia
Explanation:
The crisis that later blew up to become a financial crisis over the year started from the east and south east Asia countries of Thailand , Indonesia and South korea in 1997 before spreading to other counties leading to a fall in value of the currencies ,and fall in stock market and assets prices as the exchange rate continued to nosedive.
It was sparked up by the inappropriate borrowing by the private sector in the previous years