I would say false because 'personal' is in the name. Your work doesn't really need to know the exact details (might depend on the business tho).
Answer:
Explanation:
The four transactions will be recorded in the general journal as follows:
1) Debit cash $12,000
Credit common stock $12,000
(To record the sale of common stock)
2) Debit purchases $5,600
Credit cash $5,600
(To record purchase of inventory in cash)
3) Debit cash $5,712
Credit sales $3,360
Credit gross profit $2,352
(To record the sale of inventory in cash)
4) Debit advertising expenses $650
Credit cash $650
(To record the payment of advertising expenses in cash)
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Market failure occurs when a free market is unable to A) distribute resources efficiently.
is the total implied increase in economic spending activity from a government stimulus of 
billion
<u>Explanation:
</u>
The median product preference tests the increase in expenditure due to changes in availability.
In increasing government expenditure, total economic investment would be increased by the scale of the budget multiplier. In other terms, the expenditure equation indicates how much GDP can increase as government expenditure increases.
The spending multiplier can be expressed as 
So, the total implied increase in economic spending is 
In economics, marginal propensity to consume (MPC) is the proportion of an aggregate raise in pay that consumer spends on the consumption of services and goods, as opposed to saving it.
