The global economy continues along its low-growth path, but there are a
number of bright spots. In the U.S., despite the political uncertainty, a
strengthening consumer is driving strongerr growth. A large fiscal
stimulus under the new administration could well provide another boost
to the U.S. economy. And in many emergingg marketss the rebound that began
in 2016 appears to have momentum, supported by higher commodities
prices and structural reforms. Europe remains challenged by uncertainty
about the future of the European Union, low growth and high
unemployment.
Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
Explanation:
If this is a true or false question then the answer is true.
Answer:
Dishonesty and When you help someone of casting out demons you don't have to get your money because God do not like that.
Explanation:
Answer:
C. The equipment should be recorded at $2,000 in the accounting records because that was the exchange price.
Explanation:
The equipment should simply be recorded at $2,000. For example, if it was paid in cash, the journal entry would be:
Account Debit Credit
Equipment $2,000
Cash $2,000
The fact that it would cost $4,000 to replace it does not mean that it will be replaced. It is only a hypothetical scenario that should not be recorded in the accounting journal, because it does not reflect economic reality.
