All categories

1 year ago

major urban areas are the only places benefitting from the creative economies. group of answer choices true false g

Business

1 answer:

erica [24]1 year ago

7 0

It is TRUE that, major urban areas are the only places benefitting from the creative economies.

People using their imaginations to add value to ideas is the foundation of the creative economy. The phrase was coined by John Howkins in 2001 to characterize economic systems where the traditional resources of capital, labor, and land are not as important as new creative abilities. In contrast to creative industries, which are restricted to particular industries, the term is used to describe creativity across the entire economy.

A creative economy can be assessed in a number of different ways. The same economic indicators, such as producer outputs, consumer spending, employment, and trade, may be used. Value chains, price, and transactional data are other tools used by businesses. Additionally, there are other signs of intellectual property.

Learn more about Economy, here

brainly.com/question/19546269

#SPJ4

You might be interested in

Prior to recording adjusting entries, the Office Supplies account had a $379 debit balance. A physical count of the supplies sho

White raven [17]

Answer:

Debit Supplies expenses for $275

Office supplies for $275

Explanation:

Before the adjusting entry, the following adjustment has to be made first:

Ending balance of supplies that has not been adjusted = $379

Physical ending balance = $104

Amount of used supplies during the period = $379 - $104 = $275

This $275 will be recorded as supplies expense. Therefore, the adjusting entry will be as follows:

Particulars Dr ($) Cr ($)

Supplies expenses 275

Office supplies 275

(To record the supplies expense for the period.)

The above entries will then reduce enduing balance of supplies from $379 to $104.

6 0

3 years ago

On January 1, Whispering Winds Corp. had 62,600 shares of no-par common stock issued and outstanding. The stock has a stated val

Elenna [48]

Answer:

Explanation:

The journal entries are shown below:

1. Cash Dividend A/c Dr $122,838 (62,600 + 16,650) × $1.55

To Dividend payable A/c $122,838

(Being the dividend is declared)

2. Dividend payable A/c $122,838

To Cash A/c $122,838

(Being the dividend is paid)

3. Cash Dividend A/c Dr $142,97 (62,600 + 16,650 + 7,400) × $1.65

To Dividend payable A/c $142,973

(Bring dividend is recorded)

6 0

3 years ago

The minimum wage is increased from $7.25 to $9.00 per hour. Calculate the elasticity of demand for fast food workers over the re

deff fn [24]

Answer:

As the question was not complete. I have attached the complete question in the attachment. Please refer to attachment.

Explanation:

By using, LD = 95- 3w and w1 = 7.25 and w2 = 9. We get,

LD1 = 95-3(7.25) = 73.25

LD2 = 95-3(9) = 68

Elasticity = Change in labor demand/ change in wage rate = ((68- 73.25)/ 73.25)/ ((9-7.25/7.25)) = -0.33

The 11 percent change in the wage rate causes, 33% change in labor demanded, as shown by the elasticity, the labor demand decreases with increase in wage rate.

4 0

3 years ago

____Can speed up the alcohol absorption

mel-nik [20]

bread!!! hope it helps

6 0

3 years ago

Prior period adjustments to financial statements can result from: Multiple Choice Changes in estimates of salvage value. Materia

AveGali [126]

The answer is material math error.

An adjusting entry is essentially a bookkeeping modification that improves the accuracy of the financial statements by reflecting the revenue and spending on an accrual basis, which is typically but not always the case. At the conclusion of the accounting period, adjustments are made. This might happen towards the end of the month or at the end of the year.

Prior period adjustments are errors or mistakes committed in the prior reporting period. These mistakes must be remedied or eliminated by taking suitable corrective action. Prior period items include factual errors, arithmetic errors, and errors in applying accounting rules.

Therefore, material math error is the correct option.

To know more about adjustment to financial statements click here:

brainly.com/question/24178504

#SPJ4

4 0

2 years ago