In a private open economy with an equilibrium GDP level of $1000 billion and consumption at that level of GDP of $700 billion, I g + X n must equal $300 billion.
A system of interconnected production, consumption, and trade activities is called an economy, and it ultimately determines how resources are distributed among all of the players. To meet the requirements of persons residing in and participating in the economy, commodities and services are produced, consumed, and distributed.
Whether the entity is a country or a small town, all activities connected to the creation, consumption, and exchange of products and services are included in the definition of an economy.
A single economy is not like another. Each is shaped by the resources, culture, laws, history, and geography unique to it. Each changes based on the decisions and deeds of the individuals.
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Answer:
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If the company's December 31, year 1 balance sheet should reflect total liabilities associated with the bond issue (including interest) in the amount of: E. $3,120,000.
<h3>How to find the total liabilities?</h3>
Using this formula to determine the total liabilities
Total liabilities = Bond's issue price + (Amortized discount x 2)
Let plug in the formula
Total liabilities = $3,100,000 + ($10,000 x 2)
Total liabilities =$3,100,000 + $20,000
Total liabilities = $3,120,000
Therefore the correct option is E.
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ANSWER
Always state the facts pertaining to your speech.
Always avoid stereotypes during a speech.
Never bash or be bias.
Remain objective.
Have respect for the people and their values as well as beliefs .
Explanation:
