The largest and most expensive social welfare programs in
America are Social Security and Medicare. Medicare receives the funding the
most, and it is not tested program while the social security is the example of entitlement.
The Social Security Act of 1935 brought government into the equation of the
obligations of one generation to another.
 
        
             
        
        
        
"<span>B) Resource use, production, and distribution of goods and services" is the correct answer. Economics is really a study of limited resources, and how people make choices. </span>
        
             
        
        
        
Answer:
Accounts
Wages Expense 
Wages Payable
$100,000
$100,000
Explanation:
As the expense is accrued but not paid at the end of 2013. The transaction requires an adjusting entry. This will charge a wages expense and create the wages payable liability. Ultimately on January 3 it will be paid. Wages for the two weeks are $100,000 and the 14 days has been passed for the pay period until year end of 2013.
 
        
             
        
        
        
Answer:
Explanation:
Base on the scenario been described in the question, we use the following method to solve the question
d = 75 lbs/day 200 days per year 
D= 15,000 lb/year H= $3/lb/year S= $16/order