The economy is in equilibrium, and the natural and real or actual rates of unemployment will be equal.
In order for an economy to operate at its long-run potential output level, it must be equilibrium, and the economy is balanced in its production. Unemployment is one measure of an economy's equilibrium with the natural and actual rates as two benchmarks rates that must be calibrated towards equilibrium.
Answer: Technological Unemployment
Explanation: This happens when new technologies do the previous job better than its human counterpart.
The best way to generate word of mouth advertising is to start first with family and friends. In order for you to spread, you have to begin with the people who are comfortable with you. From there, you can let them spread the word of your product or service and then get referals so more people will know about what you are doing. This is the essence and concept of networking or referal selling. You start of with the people you know and then branch out later on.
Answer: (d) liability - refundable deposits.
Explanation:
The refundable deposit of $1,000 was a liability because Growler owed it to the customer and were simply holding it for when the customer returned the equipment.
Upon receipt of the deposit, they credited the Refundable deposits accounts which is a liability account. Now that the customer has returned the cleaning equipment and the deposit is to be refunded to the customer, Growler should now debit the Refundable deposits account to cancel out the liability.
Answer: Heyaa! :)
→ income not spent, or deferred consumption. Methods of saving include putting money aside in
- <em>Checking Account</em>
Offers easy access to your money for your daily needs ←
<em>The main difference between checking and savings accounts is that </em>checking accounts actually used on the daily <em>while</em> savings accounts are primarily for saving money.
Hopefully this helps <em>you !</em>
- Matthew ~~
