Answer:
A. higher; C-CP
Explanation:
As the exercise says, John wants students to see that food and energy prices have risen more rapidly than other market items used in the Consumer Price Index (CPI) calculation. He wants students to see the increase in the core inflation, because food and energy are the main expenses of people. But for CPI calculation there are other items to consider. So the core inflation will be higher than the CPI (inflation, considering all items), as food and energy prices increased more than the other products considered in the CPI.
The second part of the excersise says that there might be substitution, that is people consuming less expensive goods or services, which will lead to a change in the measuring of the C-CPI as the prices to consider will be lower, so C-CPI will be less
Answer: A - vested interests in the status quo
Explanation: Vested interests in the status quo is when people derive their income, job, status or power from something they have an interest in.
Even if the situation causes obvious harm to people or the environment, they work to keep the status quo for economic reasons. This causes a conflict of interest between what is good for the individual in the short term and what is good for humanity and the planet in the long term.
Vested interest structures impede and suppress innovations that would benefit society as a whole. The most practical solution is to implement a guaranteed livable income which would immediately reduce the impact and number of vested interests, and would free humanity to evolve and save the environment before it is too late.
Answer:
managers of the organization
Explanation:
Management Accounting - The main purpose of accounting is to provide a database for business leaders to make the right decisions. Management accounting performs the same function as an area of accounting. Simply the information that the management accounting reveals is intended for internal users of the enterprise, and some literature has described it as "good" data.
Internal users use management accounting data to develop strategies, plan work, make decisions, and optimize resource use.
The main differences between the Financial Accounting (FA) and the Management Accounting (MA) are the dual registration system in the FA. The FA should comply with the legislation and the monetary measure. MA has no legal requirement, and natural, labor and so on. Dimensions can be used. One of the most important differences is that the FA reflects on what has happened, and MA prepares predictive reports on what has happened and about future events.Thus, MA calculations help in making decisions on internal procedures, budgeting and other projected reports.
Answer:
A) Provide savings incentives
Explanation:
Total national savings equal the total investment component of the gross domestic product of a nation. The only way you can increase investment is by saving more money.
The simplest way (but also ineffective) of increasing savings in an economy is by increasing interest rates. It is ineffective since you increase both interest paid to people that save money and those who borrow money. If you print more money all you are going to do is increase the inflation rate.
A more efficient way of increasing savings would be offering tax incentives for those who save money.
Answer:
<u>Record the issuance of note.
</u>
November 1, 2021
Dr. Cash 46000
Cr. Note Payable 46000
<u>Record the adjustment for interest.</u>
December 31, 2021
Dr. Interest Expense 460
Cr. Interest Payable 460
(46000*6%)*3/12 = 460
<u>Record the repayment of the note at maturity</u>
Dr. Note Payable 46000
Dr. Interest Payable 460
Dr. Interest Expense 230
Cr. Cash 46,690
(46000*6%)*1/12 = 230
Explanation:
* At the year end the interest expense is accrued and recorded as interest payable.
