Answer:
None of the above is contrary to the predictions of the model.
Explanation:
The budget deficit is when the government spends more than the revenue it makes. Based on the information given, the trade deficit of the United States will grow.
Furthermore, the real exchange rate of the dollar will appreciate and the net capital outflow of the United States will fall as imports will be more than goods exported.
Therefore, the correct option is "None of the above is contrary to the predictions of the model".
<span>A. The relative price of goods and services. The law of demand and
supply explains the interaction between the supply and demand of a resource. The
law of demand states that if all things are equal, the higher the price the
lesser (quantity) the demand for the goods/services. While the
law of supply states that if all things are equal, the higher the price, the
higher the (quantity) supply of goods/services. </span>
<h2>using formal writing style</h2>
Explanation:
Informational reports are written for the purpose of internal audience.
A formal writing style consists of the following:
- It will be written using active voice
- Will avoid vague language
- Sentences will be crisp and clear. No too lengthy sentences are allowed
- Abbreviations will not be present
- Sentences will include items expressed in a positive way
- There will not be any exaggeration of pointers
- No exclamation mark will be outside the quotation marks.
A. Average inventory; average daily cost of goods sold
An action which this company needs to take is debit Inventory and credit Cost of Goods Sold for $1,500.
<h3>What is journal entry?</h3>
A journal entry can be defined as a process which involves keeping the records of the financial transactions of a business such as sales, salaries, inventory, etc, that are made by a business organization.
In Financial accounting, the journal entry is generally used by both bookkeepers and accountants for effective and efficient record purposes. This ultimately implies that, it is very important that a journal comprises the following information;
- Date
- Reference number.
- Credit balance.
- Transaction description.
- Debit balance.
In this scenario, the proper journal entry to record this financial transaction consists of a debit Inventory and credit to Cost of Goods Sold for $1,500.
Read more on journal entry here: brainly.com/question/22279664
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