Answer: If an economy's gross domestic product falls(GDP), it must be the case that the economy's income and saving falls.
Explanation:
Gross Domestic Product (GDP) is used to calculate the total market value of every finished goods and services that are produced within a country's borders at a particular period of time. Gross domestic product functions as the comprehensive scorecard of the economic health of a country measuring the overall domestic production of that particular economy.
When there is a fall in a country's gross domestic product, there will have been a fall on the country's income and savings. A lower income will bring about a reduction in the gross domestic product. Since higher income leads to higher savings and lower income is also proportional to lower savings, it therefore follows that a reduction in gross domestic product will be as a result of fall in income and savings.
Answer:
The difference between the value of the inventory under LIFO and the value under FIFO
Explanation:
The Lifo reserve an inventory account that represents the difference between the FIFO and LIFO inventory reporting methods. The account is used to bridge the gap between the two reporting systems. It is applied when a company uses FIFO to track stock movement and LIFO in preparing financial statements.
A credit balance in the LIFO reverse helps reduce the cost of inventory when reporting in the balance sheet.
Answer:
a. discount bonds
Explanation:
When the Price of the Bond is less than the par value (face value) of the bond, we say that the bonds are trading at a discount.
When the Price of the Bond is greater than the par value (face value) of the bond, we say that the bonds are trading at a premium.
In this case the price is $932 and the face value is $1,000, thus the bonds are discount bonds.
An advertisement for a new performance-enhancing supplement is on the internet. what can you assume about the advertisement for the supplement?
a. Testimonials from individuals who have used the supplement prove that it works.
Out of the options above, option A is the one I would assume about the advertisement for the supliment. When new products are relseased, most advertisements use testimonials that other people have said about the product to validate it. By using what other people say about the product, it makes for an easier sell and is more attractive to new buyers.
Answer:d
Explanation:I just took the test.
