Answer: 2/3
Explanation: Crowding out may described as an effect which stems from government involvement in an economic market resulting in the reduction of personal consumer goods or investments and businesses due to rising interest rates and low capital accumulation.
In the question above, if crowding out is ignored, The marginal propensity to consume(MPC) will be:
Multiplier = $30 billion ÷ $10 billion = 3
Multiplier = 1÷ (1 - MPC)
3 = 1 ÷ (1 - MPC)
3(1 - MPC) = 1
3 - 3MPC = 1
-3MPC = 1-3
-3MPC = - 2
MPC = 2/3
A purchase agreement is a legally binding contract that states the terms and conditions of purchasing a good/making a sale. This agreement is legally binding for both the purchaser and the seller. The agreement is contingent on being paid back at the date agreed and receiving the items that were intended to be paid for.
The answer is C. They do not protect fraud and credit cards may even increase your chances of it.
Answer:
Cost of goods sold.
Explanation:
Equity method in accounting is the process by which profits and losses of a company are allocated on the basis of investments made in it. Take for example a parent company has a 40% stake in a subsidiary. When the subsidiary makes profit or loss the parent company recieves a share.
The investor is usually referred to as an associate or affiliate and usually own 20-50% of voting shares in the company. Therefore the equity method is used and not the cost method.
To account for unrecognised intra-entity profit a credit will be passed to cost of goods sold.
