Answer:
Less; more; more.
Explanation:
Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.
This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.
Basically, in a floating exchange rate system, a fall or decline in the value of a currency with respect to another currency is generally referred to as currency depreciation.
As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be less expensive, more foreign goods will be purchased, and more foreign currency will be demanded.
<em>Hence, if the currency of a foreign country is depreciating, this should stimulate import (more foreign goods will be purchased) because these foreign goods will become relatively less expensive as a result of a fall or decline in the currency and vice versa. </em>
Answer:
The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Explanation:
a) Spending multiplier = 1/(1 - MPC)
= 1/(1 - 0.8)
= 5
The required shift in spending = change in GDP/spending multiplier
= $40 billion/5
= $8 billion
Therefore, The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Because that was the day you were given birth to
The adjusting entry for prepaid expenses increases expenses and decreases liabilities.
Answer: Option 4.
<u>Explanation:</u>
Prepaid expenses are future costs that have been paid ahead of time. As it were, prepaid costs will be costs that have been paid yet are not yet spent or have not yet lapsed. As the sum lapses, the present resource is diminished and the measure of the decrease is accounted for as a cost on the pay proclamation.
Prepaid expenses are future costs that have been paid ahead of time. You can consider prepaid costs as costs that have been paid yet have not yet been spent or have not yet terminated. The measure of prepaid costs that have not yet lapsed are accounted for on an organization's monetary record as an asset.