Answer:
shoe-leather costs
Explanation:
Inflation is a persistent rise in general price levels.
shoe-leather costs of inflation is the cost in terms of time and effort spent by individuals in reducing their cash holdings in order to avoid paying inflation tax.
Bob's shoe cost of inflation includes :
1. the time and effort expended in going to purchase items immediately he is paid
2. the time and effort expended in converting the money he didn't spend to a more stable foreign currency.
I believe the answer is:
(B)radio announcer
(D)graphic designer
It is very common for Radio announcer to invite and interview guests and They are basically interacting with clients and fulfilled the client's wish regarding how their products need to be advertised.
Graphis designer, also require constant interaction with the customers in order to know whether the desing that is made by the designer is suitable with the image that the customers have in mind.
Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services.
2) The "invisible hand" of market supply and demand occurs
3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods)
4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items.
5) Usually, there's a great difference in the distribution of wealth
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Answer:
Transaction Assets Liabilities Stockholders' Equity
Issue common stock Increase NE Increase
Issue preferred stock Increase NE Increase Purchase treasury stock Decrease NE Decrease
Sale of treasury stock Increase NE Increase Declare cash dividend NE Increase NE
Pay cash dividend Decrease Decrease NE
100% stock dividend NE NE NE
2-for-1 stock split NE NE NE
When shares are sold or issued, they increase the stockholders equity as people buy these shares. They also increase assets because cash comes into the company when the shares are sold. This is why the Issuing of preference and common stock as well as the sale of Treasury shares had the same effects.
When cash dividends are declared, they become a liability that is owed to equity holders.
When these dividends are then paid, they remove the liability but reduce assets as cash is used to pay the dividends.
100% stock dividend reduces retained earnings but increases equity so stockholders equity does not change.
A most economists production methods aren’t good