Answer:
Change in checking deposit is $18,20,000
Explanation:
Checking account is the kind or form of deposit account that is held at a institution and it allows the deposits as well as withdrawals.
The change in the checking deposit is computed as:
Change in Checking deposit = Deposit amount / Required reserve ratio
where
Demand deposit is $800,800
Required reserve ratio is 0.440
Putting the values above:
Change in checking deposit = $800,800 / 0.440
Change in checking deposit = $18,20,000
Answer:
The journal entry for the issuance of the bond is shown below:
Explanation:
The entry will be recorded on January 1
Cash A/c..............................................Dr $83,497
Discount on bonds payable A/c......Dr $6,503
Bonds Payable A/c............................Cr $90,000
On issuing the bond, cash is increasing, any increase in cash is debited. Therefore, the cash account is debited. The discount on bonds payable is debited. And the bonds payable account is credited.
Working Note:
Discount on bonds payable = Bonds payable - Cash
= $90,000 - $83,497
= $6,503
Answer:
A) Taxing income results in deadweight loss, and purchasing health care on one's own doesn't result in deadweight loss.
Explanation:
When you have a market in equilibrium and a new tax is set, this will always result in a deadweight loss. But individual's are free to spend their money in whatever legal good or service they need or want, so when they purchase health care by themselves there is no deadweight loss.
I'm Pretty Sure The Answer Is C.receipt. Bc a receipt shows what you paid for
The increase in the real GDP would be $10 billion.
GDP measures the financial fee of very last items and offerings—this is, those that are bought with the aid of the final user—produced in a rustic in a given time frame (say a quarter or a year). It counts all of the output generated within the borders of a country.
Gross domestic product is an economic degree of the market value of all of the very last goods and services produced in a specific term by way of countries. Due to its complex and subjective nature, this degree is frequently revised before being considered a reliable indicator.
GDP can be calculated by adding up all of the cash spent by customers, groups, and the government in a given period. it can additionally be calculated with the aid of adding up all the cash obtained by using all of the participants inside the economy. In either case, the wide variety is an estimate of "nominal GDP."
Learn more about GDP here brainly.com/question/9775032
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