Answer:
a. Sue told her employees the department needed 12% more sales this year than last and they would be contacting at least four new customers each week
Answer:
The correct answer is option c.
Explanation:
The aggregate production function shows the relationship between the total economic output and the amount of inputs used.
Keeping other things constant, an increase in the stock of capital will cause the the production function to move upwards. This shows that the economy will be able to produce more output.
Answer:
$441,000
Explanation:
The U Co. accrual- basis purchases for the current year can be determined using the following mentioned formula:
Accrual basis purchases=ending accounts payable balance+Cash paid for purchases during the current year-opening accounts payable balance
Accrual basis purchases=$50,000+$455,000-$64,000=$441,000
Answer:
B. the amount by which government purchases and transfers exceed tax revenues.
Explanation:
Primary deficit is the borrowing requirements of government excluding interest. It is the addition of government purchases and transfers less tax revenues. It is the amount by which spending exceeds money received in form of revenues.
Mathematically
Primary Deficit = Government purchases + transfers - tax revenues.
Primary deficits is different from deficits as net interest isn't added.
Answer:
D)grossly inadequate.
Explanation:
From the question we are informed about American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. In this case A court will not normally evaluate the adequacy of consideration unless it is
grossly inadequate. Grossly inadequate consideration is possible to be reviewed by the court when there is a contract dispute. However Consideration does not involve things that both parties were required to carry out under law because it does not add anything to additional value.