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xenn [34]
3 years ago
10

If real income rises from $5 trillion to $6 trillion while the price level increases by 10 percent, it follows that nominal inco

me:
Business
1 answer:
AVprozaik [17]3 years ago
7 0

The nominal income will increase with the increase in the real income.

<u>Explanation:</u>

Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.

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Which commercial lodging type is located on or near u.s. installations, is operated by a commercial lodging company, and is corp
Volgvan
<span>Which commercial lodging type is located on or near U.S. installations, is operated by a commercial lodging company, and is corporately branded? DoD Privatized Lodging. DoD stands for Department of Defense. This type of lodging is found near or on U.S. military installations and used for government travel.  </span>
6 0
3 years ago
Answer it ....the question is in the pic​
Tatiana [17]

Answer:

business activities in India

<h3>1) Manufacturing - </h3>

  • When product is manufacture or made to that it cn be sold in Market
<h3> </h3><h3>2) storage - </h3>

  • After the product is ready it required some space to store until it would sold in the market

<h3>3) transporting</h3>

  • as per the demand it will transport from one place to another

<h3>4) financing - </h3>

  • It requires some money to meet the expense before solding a product

<h3>5) marketing</h3>
  • to let people know about the product so that more products will be sold

There are other activities also such as managing, accounting etc

4 0
2 years ago
A government is torn between selling annual pollution allowances and setting an annual pollution tax. Unlike in the messy real w
elena-14-01-66 [18.8K]

Answer: Both will raise the same amount

Explanation:

The government here is certain that it can achieve the same quantity and price regardless of if it uses a pollution tax or pollution allowance. This means that it would be charging the companies the same regardless of the method used.

Both methods would therefore yield the same amount if the government uses either of them.

3 0
2 years ago
Mike Derr and Mark Finger form a partnership by combining assets of their separate businesses. The following balance sheet is fr
larisa86 [58]

Answer and Explanation:

According to the scenario, journal entry for the given data are as follows:

Cash A/c Dr. $1,000

Supplies A/c Dr. $3,000

Land A/c Dr. $8,000

Equipment A/c Dr. $5,000

To A/c Payable A/c $4,500

To Notes payable A/c $3,100

To M. Derr capital A/c $9,400    ($1000+$3000+$8000+$5000-$4500-$3100)

(Being Derr's investment is recorded)

3 0
3 years ago
Which of the following is not an essential part of the accounting records?
Molodets [167]

Answer:

D. The worksheet

Explanation:

Accounting records are documents used to analyze and prepare financial statements. Accounting records are also documents which can be used to assess the performance of a company and also serves as source of records for audit purposes.

The followings are essential parts of accounting records; balance sheet, statement of cash flow, the ledgers , the journals, income statements etc.

7 0
3 years ago
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