Answer:
b. aggregate demand shifts right
Explanation:
When the aggregate demand curve shifts right, the quantity of output demanded for a given price level rises. Therefore, a shift of the aggregate demand curve to the right represents an economic expansion.
Answer:
A. No, because Ahmed is not a merchant.
Explanation:
Implied warranty of merchantability is a law in contract which states that when there is a transaction between a seller (the merchant), and a buyer, there is an unwritten guarantee from the seller, that the product meets up to the ordinary standards of care. This means that the goods must be fit to do what the merchant says it will do. Therefore, if the seller finds it defective, he could return it to the seller. and if the seller refuses to make a change, a legal case could be established. The merchant by law is a wholesaler or retailer, who sells goods in which he has expertise or special skills.
Ahmed in the question could be argued in court to not be a merchant of cars and as such, has no expertise with which he can make a guarantee for the car being sold to Carlos.
Answer:
Debit interest receivable $1,500
Credit interest revenue $1,500
Explanation:
Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.
On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.
We are to calculate the adjustment at December 31, 2021.
We need to calculate interest accrued at year end. The loan would have stayed for 10 months.
Interest= principal* rate* time
Interest= 20,000* 0.09* (10/12)
Interest = $1,500
So we will debit interest receivable for $1,500 and credit interest revenue.
Answer: True- The comparative advantage in the dish washing
Explanation:
Yes, the given statement is true that both the coworkers that is Rodney and Yvonne determining the comparative advantages in the store by washing all the dishes.
The comparative advantages is one of the term that is used to refers to the economical ability that helps in providing the various types of products and also reflecting the overall production opportunity in terms of cost.
Accordion to the given scenario, we use the comparative advantages for determining the person for washing the dishes from both the co-workers.
Therefore, The given answer is correct.
The word secure is a protected sounding word so it’s the process of securing something from a business to protecting something from terrorist BASICALLY protecting♂️
