Answer:
A. The price of cell phones decreased by 18 percent last year
Explanation:
Macro Economics is the study of economy at aggregate level, as a whole. It gives an overview top view of economy. So, Macro Economic statements are about the entire (whole) economy, at an aggregate level.
B] Stating about - aggregate worker productivity ; C] Stating about - Gross domestic product, being a national income estimate (depicting level of economic activity in the economy) ; D] Stating about - US inflation rate (depicting about general price level in the economy). These are all Macro Economic Statements.
However, A] The price of cell phones decreased by 18 percent last year : is just a statement of particular cell phones market. It is not about entire economy as a whole. So, it is not a macro economic statement
Answer:
True
Explanation:
Labour rate (indirect cost) = $40 per hour
Labour rate (Direct cost) = $22 per hour
The total cost per hour is $40 + $22 = 62
For five hours the total labour cost will be = 62 * 5 = £310
According to the results, Mumbai travel will make a profit of $ 40.
Answer:
Journal entries
Explanation:
The journal entry is shown below:
On September 1
Petty cash A/c Dr $280
To Cash A/c $280
(Being the establishment of petty cash is recorded)
For recording this journal entry we debited the petty cash and credited the cash so that the proper posting could be done
All other information i.e to be given is not relevant. Hence, ignored it