Ok this is for me this might not be the same for you. I use Bank of America and when I opened mine I needed to make a minimum deposit of $25. Again this was for me I dont know if this is the same for everyone or every bank.
Have a nice day user!
Answer:
False
Explanation:
It was once a command economy but has changed to a capitalist and communist economy
Answer:
see below
Explanation:
This transaction is affecting the bank's balance and F brown accounts. It is increasing the bank balance( asset account) by 4000 and increasing accounts payable/F brown ( liabilities account) by 4000.
An increase in assets is debited while an increase in liabilities is credited.
the journal entry will be
Bank A/c Dr. 4000
F brown A/c 4000
Answer:
The answer is B. very wide differences in the standard of living
Explanation:
Economists use Gross Domestic Product (GDP) which is the final value of all goods and services produced within a country during a given period of time, usually a year as the ultimate yardstick for measuring and ranking countries' wealth, standard of living and/or illiteracy level.
And GDP per capita measures a country's economic output per person. It is by dividing the GDP of a country by its total population. Countries with the highest value are known to have a high standard of living, better health care and high literacy level and vice-versa.
