When the price level is falling to a negative zone, the economy is experiencing deflation, I believe.
A country's export ratio is the ratio of imports and exports.
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What is the export ratio?</h3>
Export ratio is the ratio of import to export. Export would comprise of goods and services produced in the US that are been sold to foreign countries. Import would comprise of foreign produced goods and services that are been sold in the US
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0.07x+0.06 (4000-x)=264
Solve for x
X=2400 invested at 7%
<span>Answer: White Flight<span>
</span><span>Killearn was a community predominated by whites. However, due to an increasing number of black residents who moved to the area, many of the whites moved out. This is an example of white flight. </span></span>
White flight is a term that originated in the United States<span>, in the 1950s and 1960s, and was applied to the large-scale migration of white European </span>people from racially mixed urban regions to more racially homogeneous suburban regions<span>. Today, it means migrations by whites from one place t-o another due to various reasons (like crimes, state policies, racism </span>
Answer and Explanation:
The journal entry is given below:
Inventory (10% of $600,000) $60,000
To Accumulated Depletion $60,000
(Being the 10% of the total timber cutted be recorded)
Here the inventory is debited as it increased the assets and credited the accumulated depletion as it decreased the assets