Suppose the government increases spending to fund tuition assistance for qualified college students. automatic stabilizers will increse the expansionary effect of the increase in aggregate demand.
A government is a system or group of people that governs an organized community (usually a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Your government is the system of people, laws and officials that define and control the country in which you live. For example, the US government is a representative democracy with her three branches.
Government is necessary to maintain law and order. Laws are necessary for society to function. Life in a society without laws is dangerous and unpredictable.
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The journal entry is as follows
Unearned ticket revenue Dr $33,700
To Ticket revenue $33,700
(Being the unearned ticked revenue is recorded)
The computation is shown below:
= Number of seasons sold × Price of six events ÷ number of events held
= 3,370 × $60 ÷ 6
= 3,370 × $10
= $33,700
So we debited the unearned ticket revenue and credited the ticket revenue
Answer:
4) the price of the good changes.
Explanation:
A movement along the supply curve means that the supply relationship remains consistent. Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes in accordance to the original supply relationship. In other words, a movement occurs when a change in quantity supplied is caused only by a change in price, and vice versa.
Answer: loss control and retention
Explanation:
The options to the question are:
A. retention
B) loss control and retention
C) transfer through insurance
D) avoidance
Based on the information given in the question, management techniques would be most appropriate for this problem is the loss control and retention.
Loss control also referred to as risk reduction can be done through the prevention of loss by reducing the probability of risk, thereby minimizing the loss. This will be vital in this scenario as the shoplifting will reduce.
Answer:
The amount of current assets are $252,000
Explanation:
Current assets: The current assets are those assets who are converted into cash within one year. Like - accounts receivable, cash, inventory, prepaid insurance, etc.
The total amount of the current assets are shown below:
= Accounts receivable + Cash + Inventory + Short-term investments + Prepaid insurance
= $100,000 + $70,000 + $80,000 + $2,000
= $252,000
The other items represent current liabilities, long term liabilities, intangible assets, and the fixed assets so, we do not consider them in the computation part.
