it makes trading goods and services more effective i just took the test and got it right
Answer:
Social welfare
Explanation:
The term <u><em>“social welfare”</em></u> does not have a precise definition. Currently, social welfare refers to a wide range of activities and services by volunteers, non-profit organizations and governmental agencies providing help to needy persons unable to care for themselves; activities and resources designed to enhance or promote the well-being of individuals, families and the larger society; and efforts to eliminate or reduce the incidence of social problems
The answer to this question is decreases
<span>required reserve ratio refers to a certain amount of depositors' money that the banks need to have available on their hand.
</span><span>simple deposit multiplier. refers to the amount of money that the bank does not hold as excess reserve.
When the amount of cash that need to be held is lower, the amount of excess will also tend to be lower</span>
Answer:
Entries are given below
Explanation:
Calculations
Cash = ($68,000 x 90%) - ($68,000 x 2%)
Cash = $61,200 - $1,360
Cash = $59,840
Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)
Loss on sale = $71,800 - $65,640
Loss on sale = $6,160
Entries
DEBIT CREDIT
Cash $59,840
Loss on sale $6,160
Receivable from factor $5,800
Recourse liability $3,800
Receivables $68,000
