Answer:B. Governments
Explanation: Because first and foremost the taxes that are required form the people who are working becomes the property of the government and therefore this money must be allocated well in infrastractures such as roads and national literacy such as education.
Answer:
0.33
0.5
Ted
Explanation:
Ted's opportunity cost = 20 / 60 = 0.33
Tom's opportunity cost = 15 / 30 = 0.5
A person has comparative advantage in an activity if he carries out the activity at a lower opportunity cost when compared with other people.
Thus, ted has an opportunity cost in washing cars.
I hope my answer helps you
Economic stability is an economy where there is consistent output growth and stable and low inflation growth. Advanced technology is the key to the economic stability of a country and its development.
<h3>What are the advantages of a stable economic condition?</h3>
Economic stability also contributes to the stability of all macroeconomic factors, such as increased production, improved efficiency, and a lower unemployment rate. Through technology and innovation, the overall standard of living of citizens improves as productivity increases, resulting in better goods and services.
Many techniques, such as inflation control, new job opportunities, stabilizing the currency rate, and many more, to maintain the stability of the economy. A stable economy encourages investment, creates consumer confidence, and helps in stimulating business growth and results in the overall economic development of a country.
It is therefore true that technological advances are beneficial for economic stability because they help to improve the living standards of citizens due to stable employment opportunities, resulting in a stable income for individuals.
For more details on economic stability, visit the below link:
brainly.com/question/27187018
Answer:
a. Received investment of cash by organizers and distributed to them 1,180 shares of $1 par value common stock with a market price of $15 per share.
Account Debit Credit
Cash $17,700
Common Stock $1,180
Additional Paid-In Capital $16,520
Assets increase, and stockholder's equity increase by the same amount: $17,700.
b. Purchased $8,200 of equipment, paying $1,500 in cash and owing the rest on accounts payable to the manufacturer.
Account Debit Credit
Equipment $8,200
Cash $1,500
Accounts Payable $6,700
Assets increase by a net $6,700 (Equipment - Cash), and Accounts Payable by $6,700 as well.
c. Borrowed $14,000 cash from a bank. Loaned $800 to an employee who signed a note.
Account Debit Credit
Cash $14,000
Notes Payable $14,000
Notes Receivable $800
Cash $800
Assets increase by a net $14,000 (Cash + Notes Receivable - Cash), and liabilities increase by $14,000
d. Purchased $20,343 of land; paid $9,000 in cash and signed a note for the balance.
Account Debit Credit
Land $20,343
Cash $9,000
Notes Payable $11,343
Assets increase by a net $11,343 (Land - Cash), and liabilities increase by the same amount.
