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3 years ago

Economic growth is __________.

1 answer:

4 0

<span>Economic growth is an increase amount of services or/ and goods produced by head of population over a period of time</span>

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Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a

maw [93]

Answer:

$36,648

Explanation:

age balance % uncollectible total

Not past due $890,000 3/4% $ 6,675

1-30 days past due $97,900 2% $ 1,958

31-60 days past due $44,500 6% $2,670

61-90 days past due $32,000 16% $ 5,120

91-180 days past due $23,100 40% $ 9,240

Total $1,104,400 $36,648

journal entry should be:

December 31, 202x, bad debt expense

Dr Bad debt expense 36,648

Cr Allowance for doubtful accounts 36,648

8 0

3 years ago

If the MPC in an economy is 0.8, government could close a recessionary expenditure gap of $100 billion by cutting taxes by

QveST [7]

Answer:

cutting taxes by $125 billion

Explanation:

given data

economy = 0.8

expenditure gap = $100 billion

to find out

cutting taxes

solution

we get here cutting or reduce taxes that is express as

cutting taxes = $\frac{expenditure\ gap}{MPN\ economy}$ ......................... 1

cutting taxes = $\frac{100}{0.8}$

solve we get cutting taxes

cutting taxes = $125 billion

so cutting taxes by $125 billion

8 0

3 years ago

When a country is not able to produce a good more efficiently than other nations, but produces the good more efficiently than it

nikitadnepr [17]

Answer:

The answer is comparative advantage.

Explanation:

Comparative advantage is when a country is able to produce goods and services at a lower opportunity cost than its trading partners. That means a labour can produce more goods per hour than a labour in its trading partner's country.

A country with a comparative advantage will be able to charge lower price for what she is specialising on.

3 0

3 years ago

1. Write down D & S equations for wireless phones; include

N76 [4]

The D - equations for wireless phones: P = D (P,eA,eB)

The S- equation for wireless phones: Q = S (P,eA,eB)

The Exogenous variable A = Price
The Exogenous variable B = Population growth rate

<h3>What is the equation about?</h3>

The demand and supply relationship is one that differs in a lot of ways and often shown using a graph. Note that the upward slope of the curve on a graph shows the law of demand and the demand for wireless phones is one that can be affected by the amount of new mobile phone subscribers, the average cost of buying the wireless phone, and others.

Hence, The D - equations for wireless phones: P = D (P,eA,eB)

The S- equation for wireless phones: Q = S (P,eA,eB)

The Exogenous variable A = Price
The Exogenous variable B = Population growth rate

Learn more about Demand from

brainly.com/question/1245771

#SPJ1

4 0

2 years ago

"Municipal bonds, or "munis," are bonds issued by states, counties, and cities, in addition to other public agencies such as sch

morpeh [17]

Answer:

1. True

Explanation:

The municipal bonds are called as Munis bonds and are issued by the local government or territory and are used to finance the public projects and include the schools, airports and seaports, and infrastructure-related repair and as of 2011, the values of these bonds is valued at 3.7 trillion dollars.

In general, they are used for the issuing of the municipality related services and they are characterized by taxability, interest rates, liquidity, and security.

<u>The primary reason why theses type of bonds are special to their tax exemptions and are subjected to an alternative minimum amount of tax as an item of preferences.</u>

6 0

2 years ago