Answer:
The correct answer is economic growth.
Explanation:
A production possibility curve or frontier shows the different combinations or bundles of two goods that can be produced using limited resources. The curve is concave because of increasing opportunity cost.
An outward shift in the production possibility curve shows an increase in the level of production. This can happen because of two reasons
,
- Increase in the quantity of resources available
, and
- Improvement in technology
Both of these factors will help in increasing the level of production. In other words, we can say that the outward shift in the production possibility curve shows economic growth.
Option[A] is the correct answer.
Corporation and limited liability (limited partnership) company taxed twice.
Before any earnings may be distributed to shareholders, the corporation must pay income tax at the corporate rate. Any gains that are then dispersed as dividends to shareholders are again taxed at the recipient's individual rate. The company profits are thus subject to two separate income tax rates.
<h3>What is Double Taxation?</h3>
When business profits are taxed both at the corporate and personal levels, C corporations are subject to double taxation. Before any earnings may be distributed to shareholders, the corporation must pay income tax at the corporate rate. Any gains that are then dispersed as dividends to shareholders are again taxed at the recipient's individual rate. The company profits are thus subject to two separate income tax rates.
To know more about 'Double Taxation', visit: brainly.com/question/15869439
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Answer:
Option D. It is the behavior that seeks to improve the well-being of other people.
Explanation:
The reason is that prosocial behavior are motivated by altruism, which is a behavior of a person to benefit others and this may be at the cost of oneself. So their is no mean in this charity work and is purely an act of humanity. This prosocially motivated behavior is the purest form of altruism hence the only correct option here is option D.
Answer:
Explanation:
The journal entry to record the expenditure account is shown below:
Postage A/c Dr $100
Business lunches A/c Dr $150
Delivery fees A/c Dr $75
Office supplies /c Dr $25
To Petty cash A/c $350
(Being expenditure is recorded)
So, the debit petty cash account would not be considered as it is credited while passing the journal entry.
