Answer:
$5,000 billion
Explanation:
We know that
Government spending multiplier = 1 ÷ (1 - marginal propensity to consume)
Government spending multiplier = 1 ÷ (1 - 0.50)
Government spending multiplier = 1 ÷ 0.50
So, Government spending multiplier = 2
If the output is increased by $10,000 billion then, the government spending would rise by
= Output ÷ Government spending multiplier
= $10,000 ÷ 2
= $5,000 billion
Answer: c. identify an area of knowledge or an issue that deeply interests you. conduct a thorough, objective research.
Explanation:
You would write better on any subject where you have an area of knowledge or that which interests you greatly, this is due to the fact that your knowledge gives you an added advantage in writing the subject, you would have had an underlying foundational knowledge which you just need to build on by research and having an objective for the topic. So, having an interest and knowledge in a topic is the first strategy to note when writing a topic.
Answer: B. Cats in a bag
Explanation:
oligopolistic firms is a small number of firms who realize that they all constitute such a small number of firms that they enjoy a lot of power together. so together they are cats in a bag.
Answer:
The journal entries are given;
Explanation:
a. Bad Debt Expense Dr.$17,300
Allowance for Doubtful Accounts Cr.$17,300
b. Allowance for Doubtful Accounts Dr.$7,100
Accounts Receivable Cr.$7,100
With Bad Debt Expense ,the retained earnings will be decreased by ($17,300)
with direct written off,the accounts receivables will be reduced by ($7,100) in balance sheet.
False. A teller deposit's your checks.