Answer:
those assets regularly used to buy goods and services.
Explanation:
Depending on whether you are an economist, an accountant or work in finance, the term money may mean different things. Generally economists use the term money to refer to very liquid assets which are used to purchase the goods and services that we use on our everyday life. Economists distinguish money as assets that perform the basic functions of money:
- medium of exchange
- unit of accounting
- store of value
Answer:
Debit Office Supplies for $200.-
Delivery Expense for $100, and cash short and over for 20.Then credit cash for 320.-
The calculation used is mentioned as
.
What is Annual Interest Amount?
- An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of something like the principal you'll be paying yearly. APR is another term for the yearly rate of interest payable on investments that does not take into account the annual compounding of interest.
- What you still owe just on mortgage principal is known as the loan balance. The loan balance is calculated as the difference here between initial mortgage balance and the sum of your principal payments. It's crucial to be aware of your loan's balance.
- An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate refers to the amount you pay for borrowing money and is expressed as a percentage of the overall loan amount.
The calculation used is illustrated as :
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Answer:
The marginal propensity to consume (MPC) is 0,75.
Explanation:
This value is gotten by dividing the $90 of consumption by total raise ($120). MPC is a ratio that calculates the tendency of people to consume per every unit of money (in this case, dollars). In aggregate levels, it is important to understand the effects of investment and consumption in the whole economy
The Illinois Court System's Organization the Illinois Constitution of 1970's Article VI, the Judicial Article, establishes a unified, three-tiered judiciary consisting of the Circuit Court, Appellate Court, and Supreme Court.
The High Court
The highest court in the State of Illinois is the Supreme Court. The Supreme Court typically receives cases from the Appellate Court, but when a Circuit Court has sentenced someone to death, the law permits a direct appeal to the Supreme Court, skipping the Appellate Court. In other circumstances, the Supreme Court may enact rules allowing direct appeals Judicial Article.
Legislative redistricting and evaluating the Governor's eligibility to hold office are subjects of original and exclusive jurisdiction of the Supreme Court. Additionally, the Supreme Court has discretionary original jurisdiction over writs of mandamus, prohibition, and habeas corpus as well as issues involving State income.
The First Appellate Judicial District (Cook County) is represented by 3 Justices on the Illinois State Supreme Court, while the following 4 Appellate Judicial Districts are each represented by 1 Justice. For a case to be decided, four votes must be cast in favor.
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