Answer: Helena will most likely end up spending some more money on everything else after receiving the voucher.
Explanation:
The budget constraint is used to shows the combinations of two goods which can be afforded by a consumer. A normal good is a good or product that when the income of the person rises,the demand for the product will also increase.
Based on the above information on the question, the correct answer is "Helena will most likely end up spending some more money on everything else after receiving the voucher".
This is because the voucher she was given can be spent only on educational expenses and her budget constraints comprises of educational expenses and everything else which is made up of normal goods. This means she'll still needs to get the normal goods later.
Answer:
Robert Wallace and Alexander Webster, two scottish drunken ministers invented insurance for orphan and widows. A premium would be paid and invested for profitable purposes. Widows and orphans would be paid out with the return of that money, leaving the premiums to accumulate.
Explanation:
Answer: True
Explanation:
Public safety simply means the protection of the public or the safeguarding of people from disasters, crimes, and every other potential threats and dangers.
It should be noted that public safety I the responsibility of every government in the United States, and some community colleges provide training for some careers in public safety.
Therefore, the answer is true.
Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation
Answer:
<u>journal entries to record revenues and gains:</u>
Dr Cash 193,000
Cr Sales revenue 193,000
Dr Cash 35,000
Cr Asset 30,000
Cr Gain on sale of asset 5,000
<u>journal entry to record COGS:</u>
Dr Cost of goods sold 108,900
Cr Merchandise inventory 108,900
<u>journal entries to record expenses:</u>
Dr Depreciation expense 7,500
Dr Vehicle expense 2,800
Dr Interest expense 15,600
Dr Pension expense 7,500
Cr Cash 50,600
Dr Other operating expenses 18,400
Cr Cash 18,400
<u>journal entries to record dividends (declaration and payment):</u>
Dr Retained earnings 13,800
Cr Dividends payable 13,800
Dr Dividends payable 13,800
Cr Cash 13,800
