Answer:
Account receivable balance = $1,100 - ($1,100* 5%)
Account receivable balance =$1,100 - $55
Account receivable balance = $1,045
Date Account Title Debit Credit
Cash Account $1,045
To Accounts receivable $1,045
Answer: Protects taxpayers through ending bailouts and aid consumers out of harsh financial services practices by financial institutions.
Explanation: The role of the government is to protect its citizens by setting up enactment that will improve their lives.
Financial acts that promotes financial stability, improving accountability and transparency, will help the masses especially the taxpayers through ending bailouts and prevents the citizens to encounter financial services hardships.
True I’m pretty sure that’s right
Answer:
A. the economy is producing at less than its potential output and has some cyclical unemployment.
Explanation:
Increase in government spending will increase domestic income, only if economy is producing at less than its potential output.
Increase in federal government spending raises the level of 'govt expenditure' in Aggregate Demand. This creates 'Excess Demand' (AD > AS). However, if the economy is at full employment level, i.e all the resources are already best efficiently utilised as per their production potential. Then, the economy can't increase its domestic income more than its full employment (full potential) level. So : Increase in government spending in full employment case, wont increase total production/ income/ employment further ; as the economy is already at full employment & can't increase economic activity beyond that.
The answer is B. 1971
The first programmable microprocessor was completed in late 1971.
Hope this helped. Have a great night!