Answer:
1. more
2. less
3. borrowing
4. past savings
Explanation:
It is generally recognized that the spending habits of individuals changes over their lives. In general, young adults tend to spend <u>more</u> than they earn, while older adults tend to spend <u>less</u>. To accommodate their spending habits, young adults tend to rely on funds raised from <u>borrowing
</u>. Retired adults, in contrast, tend to rely on <u>past savings</u> to cover the frequent shortage between their current expenditures and their current incomes.
Answer:
Greater; Open; Greater; Closed
Explanation:
Aggregate demand of economy refers to the total demand for goods and services in an economy at particular period of time.
A closed economy refers to one that has no imports or exports; in order words it is closed from foreign trade with other economies. Thus, fiscal policy would have a greater effect in this economy.
Open economy is the opposite of a closed economy; it allows foreign trade and the aggregate demand of the economy is better influenced by the monetary policy.
Answer:
Local businesses, SME's and International businesses
Explanation:
The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.
Answer:
C. Selecting items and tracing back to source documents.
Answer:
1. True
2. a & c
3. b
4. a, b & c
5. a, b & c
Explanation:
When you feel interested in math, it's likely accounting is suitable for you.
please read more articles about accounting in these links
https://www.accountingcoach.com/accounting-principles/explanation
https://studymoose.com/foundational-accounting-principles-and-terminology-essay
https://www.edx.org/course/management-accounting-acca-fma-f2-x-8
