Answer:
The answer is: $238,000
Explanation:
The City of Ruth should recognize as revenue the difference between their incurred qualifying expenditures in improving bike trails and the federal government reimbursement.
Revenue = $418,000 - $180,000 = $238,000 due from the federal government.
Answer:
Decrease; Less
Explanation:
The producer surplus is the difference between the minimum price that a producer is willing to accept for a product and the price he actually receives.
When the market price of a product falls, the producer surplus will decrease as well.
The lower market price implies that there will be less area between the supply curve and the market price of the product.
Answer:
FALSE
Explanation: GDP( GROSS DOMESTIC PRODUCT) is a Macroeconomics concept which means the total value of a country's product calculated within a specific time.
REAL GDP: is a measure of the values of a country's products adjusted according to inflation.
POTENTIAL GDP is theoretical concept which is the value of what a country can produce at a constant inflation rate.
When REAL GDP IS GREATER THAN POTENTIAL GDP THE COUNTRY IS AT MORE THAN FULL EMPLOYMENT.
Answer:
A financial management information system generates data that recipients find to be relevant to their decision-making and reporting processes.
Answer:
D. It cost you $85 to gas up your car this month. But last month it only cost you $50.
Explanation: