The correct answer is the work included in case work. They
are likely to be composed of the following;
<span>-
</span>Provide minor services
<span>-
</span>Talking to constituents
<span>-
</span>Influencing decisions by the regulatory
commission
<span>-
</span>Presenting special bills for the sake of them
Answer: In market economies, buyers of inputs know that sellers want to earn profits.
Explanation: In a command economy, the state decides about what goods are to be produced, how much they must be produced and at what price they must be distributed in the society. While, in a market economy decisions about investment and production are determined by the forces of demand and supply. A command economy focuses on social welfare and equal distribution. While a market economy is driven by the profit motive. Thus, it is easy for firms to buy inputs in a market economy than in a command economy. In market economies, buyers of inputs know that sellers want to earn profits.
Answer:
Impact on growth.
Explanation:
If the government is forced to increase taxes / cut spending to meet a budget surplus, it could have an adverse effect on the rate of economic growth. If government spending is cut, then it will negatively affect AD and could lead to lower growth. A budget surplus doesn't have to cause lower growth.
Answer:
Option B. Equity Investments is debited for $372,000
Explanation:
The initial journal entry to record the equity Investment will be treated same as purchase of an asset, which means the equity Investment account will be debited with the amount paid and the cash account will be credited with an equal balance.
Dr Equity Investments (6,000 * $62 per share) $372,000
Cr Cash Account $372,000
