Answer:
Percentage of Personal consumption expenditures is 70.07%
Explanation:
The most common way to measure the national income account is gross domestic product (GDP)
GDP = C + I + G + (X – M) or
GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
government purchases ($1,050) is government spending
personal consumption expenditures ($4,800) is private consumption
imports ($370)
exports ($240)
gross private domestic investment ($1,130) is gross investment
GDP = $1,050 +$4,800+$1,130+$240-$370=6.850
Personal consumption expenditures proportion is $4,800/6.850=0,7007
in %= 70.07%
Answer:
Explanation:
The journal entry is shown below:
On June 1
Cash A/c Dr $99,000
To Notes payable A/c $99,000
(Being the amount borrowed is recorded)
For recording this transaction, we debited the cash account and credited the notes payable account so that the correct posting can be done
All other information which is given is not relevant. Hence, ignored it
The long run will see the supply curve of a completive firm changing to the b. portion of the marginal-cost curve that lies above the average-total-cost curve.
<h3>What is the long-run supply curve in a perfect competition?</h3>
In a perfect competition, a company will only produce goods and services at a level where the marginal cost curve is above the average total cost in the long run.
This means that the supply curve will be the marginal cost curve but only the portion of this curve that is above the long-run average total cost curve.
The reason for this is that in the long-run., all the costs in a perfectly competitive firm are considered variable and so they can afford to avoid supply mishaps in the short term.
In conclusion, option B is correct.
Find out more on the long-run supply curve at brainly.com/question/15869064
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The correct answer to the question above is:
a. relationship between Abraham (and later Moses) and Jahweh.
The covenant was first established by Jahweh with Abraham. He
showed his faith to Jahweh’s promises, obedience to His commandments, and worships
Him with all his heart.
Answer:
Explanation:
The journal entry to record the establishment of the fund on September 1 is:
Debit: Petty Cash. $460
Credit: Bank. $460
Being cash drawn for petty cash.
Other journal entry for the disbursement of the petty cash fund are:
1. Debit: Office Supplies. $94
Credit: Petty cash. $94
Being cash paid for office supplies
2. Debit:Merchandise inv. $170
Credit: Petty Cash. $170
Being cash paid for merchandise inventory
3. Debit: Miscellaneous exp. $43
Credit : Petty cash. $43
Being cash paid for miscellaneous expenses.
