Answer:
orange juice 0.80 dollar
Bagel 1 dollar
coffe 0.60 dollar
Explanation:
We construct the equation system:
We subtract one from another to get an expression without C:
1.5A+1.2B+C - (A+B+C) = 3 - 2.40
0.5A + 0.2B = 0.6
Then, we solve in the first part to express B as an expression of A
considering the coffe is worth half of the new cost of A
C = 1.5A / 2 = 0.75A
A + B + C = 2.40
A + B + 0.75A = 2.40
B = 2.40 - 1.75A
And now we replace in the other expression to get A:
0.5A + 0.2(2.40 - 1.75A) = 0.6
0.5A - 0.35A + 0.48 = 0.60
0.15A = 0.12
A = 0.12/0.15 = 0.8
Now we solve for C:
C = 0.75A = 0.6
Last, for B:
A + B + C = 2.40
0.8 + B + 0.6 = 2.40
B = 2.40 - 0.8 - 0.6 = 1
Answer: Households and corporations, via their transactions.
Explanation: An economic agent is a major influencer of the economy, they are major determining factors, to which the direction of a country's economy would swing.
The economic agents influence the economy through their transactions of regular buying and selling of products, shares, stocks, and Services.
Examples of economic agents are regular household members, companies, businesses.
The description explained depicts urban renewal.
Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.
Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.
In conclusion, the correct option is C "urban renewal".
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Answer:
Explanation:
The government has two options, with regards to paying back its debts; taxation and open market operations. Through taxation, tax rates per unit may be increased, which subsequently raises enough money to be used to pay up the debt. As for open market operations, the government, through its treasury or exchequer may issue risk free treasury bonds and bills to members of the public at fixed coupon rates. Whatever funds raised from the bond and bill sale are eligible for repaying the debt.
Explanation:
a. The journal entries are as follows
On June 15
Retained earning A/c Dr $60,000
To Dividend payable $60,000
(Being cash dividend declared)
On June 30
No journal entry is required
On June 10
Dividend payable $60,000
To Cash $60,000
(Being the dividend is paid)
On Dec 15
Retained earning A/c Dr $64,000
To Dividend payable $64,000
(Being cash dividend declared)
On Dec 31
No journal entry is required
b. Now the dividend is reported on the retained earning statements in a negative sign whereas the dividend payable is reported on the current liabilities of the balance sheet
