Answer:
28.new technology
29.putting competitor's out of business.
30.supply goods and services in the product market
31.quantity demands decreases
32.toothpaste is a normal good.
34.a leftward shift of the demand curve.
Answer:
For the U.S. 2019 budget:
Deficit: keeping deficit between 4.1 and 4.7 percent of GDP.
Debt: debt will continue to grow steadily, but it should be no more than 93 percent of GDP by 2029.
Government revenue: federal government revenue should be 16.5 percent of GDP.
Spending: Federal outlays should sit at 20.8 percent of GDP.
Economic performance: Real GDP should grow by 2.3 percent of GDP.
Answer:
The correct answer is (B)
Explanation:
Contractionary fiscal policy is applied by governments to reduce fiscal deficit. It is a type of financial approach that includes diminishing government expenditures and increasing taxes. The main idea is to increase revenue and decrease expenditures. Contractionary fiscal policy has led to a decrease cyclically-adjusted deficit as a percentage of GDP from 2% to 1%.
Answer:
Explanation:
The journal entry is shown below:
On September 30
Bonds payable A/c Dr $1,000,000
Loss on bond retirement A/c Dr $20,000
To Discount on Bond A/c $10,000
To Cash A/c $1,010,000
(Being the callable bond is recorded)
The computation is shown below:
For cash
= Par value of bond + Premium
= $1,000,000 + $10,000
= $1,010,000
For Loss, it would be
= $1,010,000 - $990,000
= $20,000
And, the remaining amount would be transferred to discount on bond
I think the most appropriate answer would be C. As the student should complete their student loan first,abd then take the housing/vehicle loan.
I hope it helped you!
