15,000 residents are employed full time while 8,000 work part tine
Answer and Explanation:
The journal entries are shown below:
On Apr 2
Petty cash $290
To Cash $290
(Being the establishment of the petty cash fund is recorded)
For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets
On Apr 10
Mail & Postage $62
Contributions and Donations $33
Meals & entertainment $114
Cash Short and Over $4 ($290 - $62 - $33 - $114 - $77)
To Cash $213
(Being the replenishment of the fund is recorded)
For recording this, we debited the mail & postage, contributions & donations, meals & entertainment as it increased the expenses and credited the cash as it reduced the assets and the balancing figure is debited to cash short and over
On Apr 11
Petty Cash $140 ($430 - $290)
To Cash $75
For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets
Answer:
110
Explanation:
The consumer price index is an index that measures the inflation rate in a country. It tracks changes in prices for a basket of products and services in a country over time. CPI is calculated with a base year as the reference period.
The formula for calculating CPI with a base year is as below.
consumer price index=cost of the market basket in a given year x100
cost of a market basket at the base
In this case,
CPI = $ 55 x 100
$ 50
CPI = 1. 1 x 100
CPI =110
An import quota, a type of trade restriction, establishes a physical limit on the Quota of an item that may be carried into a country over a specific period of time.
Like other trade restrictions, quotas are often implemented to help an economy's producers of a particular good (protectionism). To decrease imports and boost domestic production, nations occasionally impose quotas on particular products. The idea of quotas is to increase home production by limiting international competition. Quota-implementing government initiatives are frequently referred to as protectionism policies. Import Government-imposed quotas are one type of restriction on the trade of a certain good by limiting either fixed in terms of value.
To learn more about import, click here.
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Answer:
C) Provide products to the market because that is the task you have been assigned by central planners.
Explanation:
A command economy or command market is an economy where the government controls everything: production, investment, prices, and incomes.
In such a market you are assigned where to work and what to do, you are not free to decide what you would like to study and what work you would like to do. The same applies to businesses, they all depend on the government.