A loan is where you ask for money and then pay it back later.
This is like a credit card since you can buy things and then pay the credit card bill at the end of the month.
Answer:
b) decline
Explanation:
If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will <u>decline</u>. This happens because people lost trust and hastily withdrawn their money deposited with the bank.
Answer:
$31,000
Explanation:
decrease in accounts receivable = $1,000
Sales = $30,000
Cash collected from customers = Sales plus decrease in accounts receivables
= $30,000 + $1000
= $31,000
The decrease in account receivables represents the collection of cash from a customer. If sales amount to $30,000, all must have been collected in cash hence no amount was outstanding to increase receivables. Hence the addition of the two items gives the cash collected from customers.
<span>a. not counted as part of the labor force</span>
Hello!
The answer is
C. How much a currency is worth when it's exchanged with another country's currency.
Good luck!
