Answer:
These two options represent nominal values:
-The price of a beignet is $3.00 in 2011.
-Maria's wage is $27.00 per hour in 2011.
They are expressed in monetary value without taking into account inflation, or without being represented in terms of something else.
This option represents real value:
-The price of a beignet is 0.33 paperback novels in 2011.
The price of a beignet, nominally $3.00 is being expressed in relation to the price of something else: paperback novels, whose nominal price is $9.00.
In other words, in real terms, a beignet costs a third of what a paperback novel costs.
Answer:
0.339 < p < 0.461
Explanation:
Given data:
confidence interval is 92%
Randomly selected adults = 329
Total number of adults is 763
for alpha = 0.04
z value is = 1.75
0.339 < p < 0.461
Answer:
E. the more of something we produce, the greater is the opportunity cost of producing an additional unit
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
An example to illustrate increasing opportunity cost. Let us assume that Emily can use her leisure time to either rest or make spaghetti. If Emily uses 1 hour to make spaghetti, she forgoes 1 hour that she could have spent resting. If she spends 2 hours making spaghetti, she forgoes two hours of rest. Her opportunity cost keeps increasing the longer she spends making spaghetti.
I hope my answer helps you
Answer:
$92,400
Explanation:
Balance of the credit column on Chaco’s trial balance.
The Total credit column balance will be:
Accounts payable $25,200
Common Stock $21,200
Notes payable $46,000
We are going to add them up
Hence:
Total credit balance =
$25,200 + $21,200 + $46,000
Total credit balance = $92,400
<span>An account that would be increased by a debit is A. cash.
Cash account is the only account among these up there which would be increased by a debit. Credit is the type of money which you take from your account; on the other hand, debit is the money that you pay into your account, so obviously you will have more money in your cash account if you pay money into it.
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