Answer: Employee, worker and self-employed.
Explanation: An employee is an individual who has entered into or works (or worked) under the terms of a contract of employment.
A Worker A worker who is not an employee works under a contract whereby the individual.
A self-employed is the state of working by themself not as a employee .
There is some information in the table that is not needed in this problem. To find real per capita GDP in 1933 measured in 2008 prices, just multiply Nominal per capita GDP in 1933 by how many times expensive the prices are in 2008 than they were in 1933. The solution is $444 x 14 = $6,216. So, the answer is $6,216.
Answer:
a.
Cash $21080 Dr
Accumulated Depreciation-Machine $24080 Dr
Gain on Disposal $2160 Cr
Machine account $43000 Cr
b.
Cash $11080 Dr
Accumulated Depreciation-Machine $24080 Dr
Loss on Disposal $7840 Dr
Machine account $43000 Cr
Explanation:
The asset is being sold off by the company which will cause the business to write off the asset from the books and credit it. The accumulated depreciation is a contra asset account and it will be debited to close this account.
The carrying value of the asset = Cost - Accumulated Depreciation
Carrying value = 43000 - 24080 = $18920
If the sales proceeds is more than the carrying value there is a gain on disposal and vice versa.
a.
Gain/loss on disposal = 21080 - 18920 = $2160 gain
b.
Gain/loss on disposal = 11080 - 18920 = -$7840 loss
If the central bank increases the amount of reserves banks are required to hold to 20%, then <u>both the money multiplier and </u><u>money supply</u><u> in the economy will decrease.</u>
<h3>
What is Money Supply?</h3>
- All the money and other liquid assets present in an economy on the measurement date are referred to as the money supply. The money supply roughly consists of deposits that can be utilized virtually as easily as cash in addition to actual currency.
- Governments issue coin and paper money through a mix of national treasuries and central banks.
- By dictating to banks what reserves they must maintain, how to offer credit, and other financial issues, bank regulators have an impact on the amount of money that is available to the general people.
- The amount of money circulating in an economy is referred to as the "money supply."
- Numerous money supply measurements also factor in non-cash assets like credit and loans.
- Increases in the money supply, according to monetarists, always result in inflation.
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