The answer is savings account A.
Since savings account A compounds the interest quarterly it adds interest to the account every quarter. This makes it a more profitable account than one that compounds the interest semiannually. The reason is that the bank is adding interest more frequently, so you are earning interest on the interest that the bank has already paid you.
If a government is trying to encourage economic growth, they would do all of these things except raise taxes. Raising taxes has the opposite effect and will slow growth because it takes more money out of the economy that could be used for growth and expansion.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Suppose disposable income increases by $2,000. As a result, consumption increases by $1,500. Answer the following questions based on this information.
The increase in savings resulting directly from this change in income is $500 (2,000 - 1,500)
Marginal propensity to save (MPS)= change in savings/ change in income
MPS= 500/2000= 0.25= 25%
5x5x5= 5^3
That's 5 to the third power.
Hope this helps! :)
The entry to record the payment of an account receivable balance with direct write-off method must include a credit bad debt expense .
<h3>What is bad debt expense ?</h3>
A bad debt expense can be regarded as the expenses that us recorded when receivable is no longer collectible .
This is because a customer is unable to pay an outstanding debt as a result of different reasons such as bankruptcy or other financial problems.
Learn more about bad debt expense at;
brainly.com/question/25654164
