Answer:
Yank appreciates in relation to Sock
Explanation:
A contractionary monetary policy either results in increased interest rates in New Yorkland or reduced money supply or both.
Increased interest rated would mean that people would save more to take advantage of an increased saving rate. This would cause people to save money and thus reduce the supply of money. The law of demand and supply suggests that lesser supply would up the price that is it would appreciate. This is also true as people in Bostonia may also want to save in New Yorkland thus reducing the supply further as they demand more Yank.
Reducing the money supply any other way would mean as both countries are trade partners there will be demand for Yank but as supply is constricted, it would again appreciate.
Hope that helps.
Answer:
Dr Retained earnings $14,000
Cr Inventory $14,000
Explanation:
There is a need to make adjustment to the inventory . Therefore,
Adjusted inventory
= New method of $171,000 - Old method of $185,000
= $14,000 decrease
It is to be noted that a lower inventory will have high costs associated with goods sold hence reduces profit/net income for the previous year by $14,000.
Also, the net income reports to retained earnings account hence decreases retained earnings.
Having made the above adjustment, we can assume that the average cost method was used for 2020 books.
Answer:
A car dealership can't sell their stock
Explanation:
Answer: b. No, Public Officials cannot give consideration on duties they are already supposed to perform.
Explanation:
The options are:
a. Yes, as long as the contract is registered with the Secretary of State
b. No, Public Officials cannot give consideration on duties they are already supposed to perform
c. Yes, as long as 50$ is reasonable amount to watch the business
d. Yes, as long as a court reviews the contract within 30 days
e. No, unless a court approves the agreement.
From the question, we are asked whether local businessman can pay a police officer $50 a week to watch his business more closely. This is not true as Public Officials cannot give consideration on duties they are already supposed to perform.
The role of the police is to ensure that lives and properties are always safe and they're pair by the government for the role, therefore, they shouldn't be offered money to do what they're naturally expected to do.
Answer:
The correct answer is A.
Explanation:
An increase in the minimum price will increase prices and quantities offered. A minimum price often is above the equilibrium price. As prices rise, quantity sold declines. The difference between offer and demand will generate an accumulation of stock.
