Answer:
a. decreases, so aggregate demand shifts left.
Explanation:
When tax is increased, disposable income reduces and therefore consumption falls. The fall in consumption shifts the aggregate demand curve to the left.
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Answer:
Bad debts expense Debit $ 600
Allowance for Uncollectible expenses Credit $ 600
Explanation:
The allowance for uncollectible accounts is estimated usually on the basis of a percentage of credit sales. The data in the question indicates that the estimated losses from uncollectible accounts is $ 1,000.
The unadjusted balance is $ 400, so the adjusting entry is for the balancing amount, i.e. $ 600. It is debited to bad debts and credited to allowance for uncollectible accounts.
The Financial career in which Egan would be most successful is:
<span>A) </span>Business Finance Management
Explanation: The Business Finance Management requires a lot of skill in planning and budgeting money. This career requires patience knowledge and understanding in tracking financial transactions. And all of these skills and knowledge are possessed by Egan that is why he can be most successful in Business Finance Management career.
Answer:
The number of check-ups in this market would decrease.
Explanation:
This is an example of price ceiling.
Price ceiling refers to a legal maximum price that is set by the government for a commodity to be sold.
Price ceiling set below the equilibrium price will result in a supply shortage as it will be effective and binding, while price ceiling set above the equilibrium price will not affect quantity supplied in the market as it will not be effective and binding.
Since the $40 price of heck-up is below $50 equilibrium price, it will result in shortage supply and the number of check-ups in this market would decrease.
The most common type of government in a county is a <u>county</u><u> commission,</u> which is a form of local government in which a county is administered by a board of commissioners.
What does Country Commission mean?
Country Commissions are frequently governmental bodies or agencies established to manage, oversee, and/or regulate the activities and operations of a specific country. These commissions may be in charge of overseeing areas of national importance such as trade, finance, industry, energy, transportation, and communications. They may also be in charge of enacting and enforcing regulations and laws.
What does Law mean?
Law is a set of rules and guidelines that are enforced through social institutions to govern behaviour, with the exact definition varying from society to society. In general, law is a set of rules that are enforced through a court system and other government institutions to regulate behaviour. Legislators can create laws through legislation, or judges can create precedent, and they can apply to individuals or groups.
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