i would believe that the government plays an important role in a market economy As we saw in our discussion of competitive markets, a free enterprise system is largely self-regulating. Therefore, government plays a limited, but important, role, allowing individuals to make most of the economic decisions.
Answer:
Account name statement(1) type of account(2)
Accounts payable BS CL
Accounts receivable BS CA
Accruals IS and BS income and SE
Accumulated amortization BS FA
administrative expenses IS E
Buildings BS FA
Cash BS CA
Common shares BS SE
Cost of goods sold IS E
Amortization BS E
Equipment BS F ASSET
General expenses IS E
Intrest expenses IS E
Account name Statement(1) type of account(2)
Inventories BS CA
Land BS FA
long term debts BS CL
Machinery BS FA
marketable securities BS CA
Line of credit BS LTD
operating expense IS E
Preferred shares BS SE
preferred share dividends BS SE
retained earnings BS R
Sales revenue IS R
Selling expense IS E
Taxes IS E
Vehicle BS FA
When the price of goods and services fall, there is a decline in the real GDP, and bakers experience a point in the business cycle referred to as a contraction. after the peak, this phase refers to when the GDP/total monthly income is lower, resulting in a slip of monthly pay and economic prosperity for the bakers
Answer: I can try to help you.
Explanation: In the narrowest sense, the government's involvement in the economy is to help correct market failures or situations in which private markets cannot maximize the value that they could create for society.
Operant conditioning, so named by psychologist B. F. Skinner, is the modification of behavior brought about over time by the consequences of said behavior. In short, some consequences strengthened behavior and some consequences weakened behavior. ...
