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Dominik [7]
3 years ago
8

Business fluctuations are systematic increases and decreases in real GDP. Please select the best answer from the choices provide

d. State True or False
Business
2 answers:
BlackZzzverrR [31]3 years ago
5 0
From the subject of economics, specifically macroeconomics,  it says that the statement above is false. <span>Business cycles, not business fluctuations, are systematic increases and decreases in real GDP. Business fluctuations are called unsystematic changes. </span>
zavuch27 [327]3 years ago
5 0

False, the answer to the question is False

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What sections make up a balance sheet? <br> Assets <br> Capital <br> Liabilities <br> Owner's Equity
PtichkaEL [24]

assets, liabilities, and equity.

7 0
3 years ago
Issued a check for $1,010 to pay the monthly rent. Issued a $1,300 check to pay a creditor on account. Purchased new equipment f
kodGreya [7K]

Answer:

Issued a check for $1,010 to pay the monthly rent

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Rent Expense               $1,010

Bank                                                  $1,1010

Issued a $1,300 check to pay a creditor on account.

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Creditor                        $1,300

Bank                                                  $1,300

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Bank                                                  $110

Accounts Payable                            $280

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Service Revenue                              $860

Accounts Receivable    $860

Performed services for cash in the amount of $1,320.

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Service Revenue                              $1,320

Cash                              $1,320

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Equipment                    $1,050

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Supplies                         $190

Accounts Payable                            $190

Sent a $105 check to the utility company to pay the monthly bill.

Account                         Debit          Credit

Utilities Expense           $105

Bank                                                  $105

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Cash                              $650

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7 0
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If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 pe
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The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the <u>product has an elastic demand.</u>

<h3>What do you mean by elastic demand?</h3>

When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.

Thus, The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the <u>product has an elastic demand.</u>

Learn more about elastic demand:

brainly.com/question/5078326

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3 0
2 years ago
Joanna, a member, is a sole proprietor that specializes in data processing system design and installation. To facilitate her wor
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Her selling these products is allowed.

The answer is therefore None of the Above.

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3 years ago
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Answer:

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Explanation:

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8 0
3 years ago
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