Answer:
I will sell u the computer by saying that is one of the best computers in my day.
Answer:
$4
Explanation:
Given that
Sale value of quarter-pound of meat = $2
And, the sale value that arises from the meat = $4
So, the value that included in the GDP i.e Gross domestic product is $4 as it reflects the final price of the hamburger rather than the value that is to be intermediate i.e $2 as it shows a quarter pound of meat
So, in the given case only $4 would be included in the GDP
Answer:
a. Journal entry to record music lesson
Date Account title and Explanation Debit Credit
October Cash $12,500
Service revenue $12,500
(To record music lesson for cash)
b. Journal entry to record prepaid insurance purchase
Date Account title and Explanation Debit Credit
October Prepaid insurance $3,660
Cash $3,660
(To record prepaid insurance paid for next year)
c. Journal entry to record musical equipment purchased
Date Account title and Explanation Debit Credit
October Equipment $15,500
Cash $15,500
(To record musical equipment purchase for cash)
d. Journal entry to record
Date Account title and Explanation Debit Credit
October Cash $21,000
Notes payable $21,000
(To record loan taken by signing a note)
If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely decrease.
<h3><u>
What is supply?</u></h3>
- A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers.
- When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
- This is strongly related to the demand for an item or service at a particular price; all other things being equal, the supply offered by producers will increase if the price rises because all businesses aim to maximize profits.
Trends in supply and demand are what underpin the modern economy. Based on price, utility, and personal choice, any particular commodity or service will have its own unique supply and demand patterns.
Know more about supply with the help of the given link:
brainly.com/question/13296654
#SPJ4
Answer:
c. cash, checking account balances, and travelers' checks.
Explanation:
Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:
-M0: narrowly, it means the hard currency in circulation
-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.
-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.
-M2: covers M1 and saving accounts and CDs.
-M3: it surrounds the larger deposits.
-MZM: finally, this indicates the money market deposits.
That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.
