Given:
Change in exports: 15 billion
MPC = 0.75
MPC = Change in Consumption / Change in Disposable income
MPS stands for Marginal Propensity to Consume while MPS stands for Marginal Propensity to Save.
MPC + MPS = 1
MPC = 1 - MPS
MPS = 1 - MPC
Spending Multiplier = 1/MPS
Since MPC = 0.75 then MPS = 0.25
Spending Multiplier = 1/0.25 = 4
Change in Export * Spending Multiplier
15 billion * 4 = 60 billion
The cumulative Korean spending will drop by 60 billion.
It is the duty of every licensee to immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address. Hence, the given statement is true.
<h3>What is an
address?</h3>
The term "address" refers to the location of a venue where something or someone can be easily found. There are various kinds of addresses that are used by humans to locate or locate either themselves or anything else or a human.
Some of the instances of address are residence address, business address, meeting address, and many more. All legal documents that are held by a person are registered at the address that is given by them.
Thus, when any kind of change in the address occurs or happens, it is the duty of the document holder to inform the signed authority.
Learn more about address from here:
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The complete question has been attached in text form:
Every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address
False
True
Answer:
Explanation:
The journal entries are shown below:
1. Purchase A/c Dr $5,400
To Accounts Payable $5,400
(Being merchandise is purchased on credit)
2. Freight-In A/c Dr $500
To Cash A/c $500
(Being freight charges are paid in cash)
3. Accounts Payable A/c Dr $800
To Purchase Returns A/c $800
(Being return merchandise is recorded)
4. Cash A/c Dr $5600
To Sales revenue A/c $5600
(Being merchandise is sold for cash)
5. No journal entry required
Answer:
de-industrialization
Explanation:
De-industrialization is a process in which there is a shift of industries from an economy.
It is not necessary that the industry is then relocated somewhere else.
But it does not work any further in the city it is setup. Here also, the factory is closed in South Carolina. That is de-industrialization in the current city.
Although, the industry is setup in Malaysia, but the company do not work in its earlier location. And it has shifted from original location.
Thus, it is a case of de-industrialization.
