Answer:
Revenue is basically the income produced by business operations, and assets are resources with economic value owned by people or organizations which would provide future benefits.
Therefore, when analyzing income statement accounts, the base is usually revenue, and for balance sheet accounts, the base is usually total assets.
Montevideo is the capital of Uruguay. Montevideo is a dynamic, mixed place with a rich social life. Extending 20km from east to west, the city wears many appearances, from its modern port to the selective beachside suburb of Carrasco close to the air terminal.
False
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With the options given in the question, the correct answer is C) the government sets policy for producer and consumers, which guides the economy.
<em>The option that best describes the idea of the “invisible hand” is “the government sets policy for producer and consumers, which guides the economy.”
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The “invisible hand” is a term coined by the economist Adrian Smith in his book “The Wealth of Nations”. It implies that in the market exist an “invisible hand” that helps the demand and supply of goods to maintain a balance.
Observing the graphic attached, another valid affirmation that stems from the information in the graphic could be: producers and consumers work together, which guides the economy.
Answer:
is this supposed to be qn essay or?
