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katovenus [111]
3 years ago
5

How do economists measure the success, or shortcomings, of the economy?

Social Studies
1 answer:
ZanzabumX [31]3 years ago
5 0

Answer:

GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. ... The failure to account for the costs imposed on human health and the environment of negative externalities arising from the production or consumption of the nation's output.

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An entry to reinstate the account receivable and an entry to record payment

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When an account previously written off is later collected, two journal entries are required. The first journal entry is to REINSTATE the account, and the second journal entry is to record ENTRY of payment.

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In a republic, which of the following is true?
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