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3 years ago

What is the effect of using both a variable and a control in an experiment?

1 answer:

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<span>Using variables helps determine different factors that either positively or negatively effect experiment results. Using a control, something that does not change, allows scientists to change around the variables and monitor their effects on the control.</span>

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Peter and Shaline Johnsen moved into a home in a new subdivision. Theirs was one of the first homes in the subdivision. During t

Afina-wow [57]

Answer:

$2420

Explanation:

From 2018, If itemized, total annual allowable limit for State and local taxes is capped at $10,000

Although as separate allowable property tax is ( 1510 + 910) = $2420

Development cost is not a property tax amount.

Therefore, deductible property taxes amount, lessor of follow:

(10000-5050) $ 4,950

or: $ 2,420

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3 years ago

You are the leader of a country that has fallen on hard times. Jobs have disappeared, citizens are struggling to get by, and som

Artemon [7]

Answer:

I could display the qualities of a visionary leader by offering a coherent vision for the future, and a good economic plan.

Explanation:

A visionary leader in such a dire situation would first of all show a guide to the people, would tell them that there is hope, and would explain to them why such hope still exists.

Such leader would also lay out an economic plan that can resolve, at least, some of the economic issues of the country, because it is true that no plan is perfect, and no government policy solves all problems by itself.

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3 years ago

Cassiopeia is a country facing an acute financial crisis. Coupled with a negative growth? rate, the rate of inflation in the eco

Sveta_85 [38]

Answer:

These two statements are correct:

A. The level of private sector spending on real assets in Cassiopeia has traditionally been low.

If the economist Danny Cox is recommending increases in government investment in real assets, it must be because the private sector is not investing enough.

An economy with low levels of private investment is an economy that in the long-run will not grow because investing is what produces capital accumulation, and what faciliates technological change, and those two factors are the most important variables for economic growth.

E. Irrespective of what policy measure the government implements to combat the crisis, inflation in Cassiopeia is likely to increase further.

This statement is correct if it is referring to the two policies recommended by economist Cox and unionist Boyle. Niether an income tax refund, or an increase in government spending are measures that tackle inflation, and in fact, both could increase inflation.

A income tax refund would put more cash in the hands of the public, and if demand for money is low, this would increase the velocity of circulation, and the more rapidly money circulates, the higher the inflation rate according to the quantity theory of money.

And more government spending is a form of expansionary fiscal policy that could increase inflation if the government finances the expenses by printing money.

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3 years ago

A price elasticity of infinity corresponds to a demand curve that is:

ycow [4]

<span>A price elasticity of infinity corresponds to a demand curve that is horizontal. That would be considered perfectly elastic, and in a perfectly elastic demand situation something can sell as much as much as it wants as consumers are ready to purchase a large quantity of product.</span>

3 0

3 years ago

Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving s

EleoNora [17]

Answer and Explanation:

The Journal entry is shown below:-

1. a Accounts receivable Dr, $1,348,400

To Sales $1,348,400

(Being sales revenue is recorded)

b. Cost of good sold Dr, $975,100

To Merchandise inventory $975,100

(Being cost of goods sold is recorded)

2. Allowance for doubtful accounts Dr, $19,900

To Accounts receivable $19,900

(Being allowance for doubtful debt is recorded)

3. Cash Dr, $671,100

To Accounts receivable $671,100

(Being cash receipt is recorded)

4. Bad debts expense Dr, $39,622

($1,348,400 - $671,100 - $19,900) × 3% + $19,900

To Allowance for doubtful accounts $39,622

(Being bad debt expense is recorded)

5. a. Accounts receivable Dr, $1,500,700

To Sales $1,500,700

(Being sales revenue is recorded)

b. Cost of good sold Dr, $1,343,400

To Merchandise inventory $1,343,400

(Being cost of goods sold is recorded)

6. Allowance for doubtful accounts Dr, $28,700

To Accounts receivable $28,700

(Being allowance for doubtful debts is recorded)

7. Cash Dr, $1,157,400

To Accounts receivable $1,157,400

(Being cash receipts is recorded)

8. Bad debts expense Dr, $38,138 ($972,000 × 3%) + $8,978

To Allowance for doubtful accounts $38,138

(Being bad debt expense is recorded)

Working note

Ending receivables

= (Sale value of merchandise - written off amount - received cash) + year 2 Sale value of merchandise - year 2 written off amount - year 2 received cash

= ($1,348,400 - $19,900 - $671,100) + $1,500,700 - $28,700 - $1,157,400

= $657,400 + $1,500,700 - $28,700 - $1,157,400

= $972,000

Ending allowance balance before adjustment

= ($657,400 × 3%) - $28,700

= $8,978 balance of debit

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3 years ago