Market economy is the economic system which private businesses can operate freely with minimal state control
Answer:
A. Asset exchange transaction
B. Asset exchange transaction
C. Investing activity
D. Investing activity.
Explanation:
In the question, the Riley company paid cash to Smally company, and the Smally company paid the amount for the land.
So,
A. For Riley company, it is an asset exchange transaction as the asset exchanges between Riley and Smally company.
B. For Smally company it is an asset exchange transaction as the asset are the exchange between Riley and Smally company.
C. Investing activity. As the Riley company deals in the purchase and the sale of the fixed assets.
D. Investing activity. As the company deals in the purchase and the sale of the fixed assets.
Answer:
The decline of industry decreases aggregate supply, but it also decreases aggregate demand, i.e. fewer workers = lower demand for goods and services. Since the government receives money form taxing both industries and households, if both industries' and households' income decreases, the government will receive less tax revenue. Less revenue results in higher deficit.
Explanation:
One appropriate critique for this excerpt is that <span>The effects of slavery are much worse than the effects of materialism.
The negative effect of slavery was the continuation of opression and discrimination that experienced by the descendants of the slave over ling period of time. Materialism on the other hand could only cause either abundance of goods, or bankruptcy</span>
Answer:
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Explanation:
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