Answer:
Accounts receivable
Explanation:
Accounts receivable is a component or part of the current assets. It is the amount that is created by selling the goods on account. Such receipts are receivable within the duration of one year.
Salaries payable is a part of current liabilities.
Notes payable is also a part of current liabilities.
Similarly, accounts payable is also a part of current liabilities.
Such payments are payable within the duration of one year.
Answer:
Economist Brown : Perfectly Inelastic (Vertical) Aggregate Supply
Economist Black : Perfectly Elastic (Horizontal) Aggregate Supply
Explanation:
Economy is at equilibrium where : Aggregate Demand = Aggregate Supply.
Aggregate Demand is downward sloping curve, as aggregate demand is inversely related with price. Increase in AD shifts the AD curve rightwards.
Aggregate Supply is usually upward sloping curve, as it is directly related to price. However, as per given special cases by Economists Black & Brown, it is as undermentioned :
- Black : AD increase (rightwards shift) increases only price if - Aggregate Supply is perfectly inelastic i.e non respondent to price & AS curve is vertical.
Real GDP is the total value of goods & services produced by an economy, valued at constant base prices. Increase in real GDP implies increase in production quantity.
- Brown : AD increase (rightwards shift) increases only Real GDP (quantity) if - Aggregate Supply is perfectly elastic (infinitely respondent to price, so prices constant) & AS curve is horizontal.
Answer:
For USA
Opportunity cost of 1 ton of steel = 250 / 25 = 10 automobiles
opportunity cost of 1 auto mobile = 25 / 250 = 0.1 ton of steel
For Japan
Opportunity cost of 1 ton of steel = 275 / 30 = 9.17 automobiles
opportunity cost of 1 auto mobile = 30 / 275 = 0.109 ton of steel
Japan will produce steel and US will produce automobile
option D is correct answer
Explanation:
Answer and Explanation:
The identification is as follows:
As we know that
M! money supply involved all the currecies that have physical existance i.e. notes, coins, demand deposits etc
While on the other hand, M2 involves M1 + near money i.e. mutual funds, checking deposits, money market etc
Since Susan has 2 year CD so it would be classified as a M2 money supply
Since larry withdraw from the bank so it would be included in M1 and M2
And, since raphael has $25,000 in money market so would be classified as a M2 money supply
Uruguay was the primary usa inside the global to legalize and regulate the Production, delivery, and leisure use of hashish. TRUE
Production is the system of manufacturing items and services to satisfy human needs. The product is the end result of the method. The 4 elements of manufacturing are land, capital, labour, and business enterprise. An instance of production is the manufacturing of motors. motors are made by way of assembling elements together. as an example, rubber tires are brought to metal our bodies to make seats installed earlier than the automobile is pushed off the manufacturing line.
“Production is the organized interest of remodeling resources into finished merchandise in the form of products and offerings; the objective of manufacturing is to fulfill the call for such converted sources”.production is one of the most vital procedures inside manufacturing, and is a middle part of what it approaches to be a manufacturer. without this activity, no completed items would be created, and there would be not nothing to promote to clients.
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