Answer: Positive and Normative
Explanation:
Positive economic analysis is basically something that is based on actual facts and cannot be approved or disapproved through views or opinions of others.
Whereas, normative economic analysis is something that focuses on the measure of how the policy is, whether good or bad or the way it should be or should become etc.
Rent control and federal farm programs are positive economic analysis. Its a fact.
Whether it is bad or good is normative economic analysis because you're able to value its fairness.
The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
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Explanation:
Answer:
The way businesses are using knowledge technology to move relevant information to the people who need it.
Explanation:
Knowledge technology can be regarded as Intelligent as well as information and nteraction technologies which gives support to creation as well as management of knowledge at various individual and to all social levels. This technologies can be regarded as term used in describing technologies that is is been provided as result of collection of knowledge as well as process and storage of this knowledge, then how this knowledge is been transmitted to any place and the access of this information from anywhere.
Answer:
The answer is C. Debit to Supplies for $2,800
Explanation:
Supplies of worth $6,000 was purchased in Aug.
And on Aug. 31, $3,200 balance was left.
That means $2,800($6,000 - $3,200) has been used.
The supplies expense account will he debited for $2,800.
Note that expense increases with debit and credit decreases expense.
Option B, D, E are wrong because the expense increases and not decreases.