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lorasvet [3.4K]
2 years ago
6

Suppose a country that had balanced trade began to run a trade deficit. At the same​ time, consumption as a share of GDP increas

ed but the investment share did not. Do you think there was an increase in capital​ deepening?
A. Yes, because the trade deficit can be used to purchase more capital.
B. Yes, because investment must have fueled the trade deficit.
C. No, because the country initially had balanced trade.
D. No, because​ consumption, not​ investment, has fueled the trade deficit
Business
1 answer:
iogann1982 [59]2 years ago
7 0

Answer:

D. No, because​ consumption, not​ investment, has fueled the trade deficit

Explanation:

Capital deepening requires an increase in the amount of capital in proportion to labor. To increase the amount of capital, investments are required.

In this example, investment as a percentage of GDP has not increased, while consumption has, but consumption does not directly increase capital.

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kodGreya [7K]

The adjusting entries for acknowledging the bad debts would be:

a). Bad Debts Expense                  $50 640

Allowance for Doubtful Accounts                     $50 640

b). Bad Debts Expense                 $48089.1

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Bad debts:

  • Bad debts are described as debts that are unable to be recovered from their respective debtors.

The key reasons for this could be:

  • The debtor is bankrupt and cannot pay the amount.
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The given amounts are obtained as follows:

a). Given that,

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Credit Sales = $3,376,000

Bad debts = 1.5% of $3,376,000

∵ Bad debts = 1.5/100 * $3,376,000

= $50 640

b). Given that,

Bad debts = 1 % of total sales.

Total Sales = Credit sale + Cash sale

= $3,376,000 + $1,432,910

= $4808910

Bad debts = 1% of 4808910

∵ Bad debts = 1/100 * $4808910

= $48089.1

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The shelby cobra retails for ?$47 comma 68447,684 ?(all taxes? included. what are the monthly loan payments for the car if you m
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Describe Reid Hoffman the founder and creator Linkedln?
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CHECK THE EXPLANATION.

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A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

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The Pearsons decided to beautify their home by investing in a professional interior design. In the process, they dealt with empl
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There are a lot of ways to beautify the home. The people required to provide the landscaping services are considered  is <u>Inputs</u>.

<h3>What is a landscaping person? </h3>
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They are often trained in landscaping as they work to improve the existing layout and as such they are known to be <u>input </u>as they are contributing something to the beauty of the landscape.

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