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Oduvanchick [21]
4 years ago
13

#1. What is true about economic resources? Economic resources include only money./ Economic resources are limited./ Economic res

ources exist only at the individual level. / Economic resources are always controlled by the government.....#2. An economy where more money is being collected than is being allocated or spent is known as what type of economic stance? Expansionary/ Contractionary/ Neutral / Exceptionary
Business
1 answer:
Diano4ka-milaya [45]4 years ago
3 0
The right answer for the question that is being asked and shown above is that: "Economic resources are limited." The statement that is true about economic resources is that <span>Economic resources are limited.

The right answer for the question that is being asked and shown above is that: "</span><span>Contractionary"</span>
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The city of Morehead leased equipment. The life of the noncancellable lease is 10 years. Using an 8 percent interest rate, the p
belka [17]

Answer:

1. Dr Equipment $ 905,861

Cr Lease Payable $ 905,861

2). Dr Lease Payable $ 125,000

Cr Cash $ 125,000

3) Dr Lease payable $ 115,000

Dr Interest Expense $ 10,000

Cr Cash $ 125,000

Explanation:

1. Preparation of the journal entry for the long-term lease in the General Fund..

Dr Equipment $ 905,861

Cr Lease Payable $ 905,861

2) Preparation of the first lease payment Journal entry on January 10,

Dr Lease Payable $ 125,000

Cr Cash $ 125,000

3) Preparation of the journal entry to second lease payment on January 10, 2018

Dr Lease payable $ 115,000

Dr Interest Expense (125000 x 8%) $ 10,000.00

Cr Cash $ 125,000

4 0
3 years ago
What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded
yan [13]
2,000×((((1+0.08÷4)^(4×15)
−1)÷(0.08÷4))×(1+0.08÷4))
=232,665.14
7 0
4 years ago
All of the following statements are true EXCEPT:_________.
ale4655 [162]

Answer:

D. the demand for Nike running shoes is less elastic than the demand for shoes.

Explanation:

In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes

So, the option d is correct

6 0
3 years ago
In nations undergoing economic devolpment the levels of politicals internationalizing firms must deal with trends to be greater
Likurg_2 [28]

Here is the correct question:

In nations undergoing economic development the levels of political internationalizing firms must deal with trends to be greater than it is in countries that are already significantly industrialized.

True or False

Answer:

TRUE

Explanation:

In nations undergoing economic development, there is a strong relationship between politics and economic development; hence, the level of political internationalizing firms must deals with trends greater than it is in industrialized economies.

7 0
3 years ago
Susie buys a share of Alphabet stock through her broker, Mr. Diaz, who works for Acme Investing and purchases the stock at the N
Andrew [12]

Answer:

Alphabet stock; Acme Investing; New York Stock Exchange.

Explanation:

Susie buys a share of Alphabet stock through her broker, Mr. Diaz, who works for Acme Investing and purchases the stock at the New York Stock Exchange. In this transaction, Alphabet stock is a financial instrument, Acme Investing is a financial institution, and New York Stock Exchange represents a financial market.

Financial instruments can be defined as assets which are having monetary value or used to record a monetary transaction. Financial instruments are generally classified on the basis of their risks, maturity, issuers etc. Some examples of financial instruments are stocks, treasury bills, commercial paper, money market mutual fund, certificate of deposits, corporate bonds etc. The market where these financial instruments (securities and derivatives) are being traded at a low transaction rate is referred to as the financial market.

Furthermore, financial institutions can be defined as a business firm or company that is involved in the business of trading financial instruments.

6 0
4 years ago
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