Answer:
B. The government's persistently large borrowing may make financing additional improvements in infrastructure and education (a phenomenon known as "crowding out"), consequently slowing economic growth.
Explanation:
In economics, the term, 'crowding out' is defined as a phenomenon which occurs when the increased government involvement in the sector of market economy substantially affects and influences the remainder of the market, may be either on supply or the demand side of the market.
A high magnitude of crowding out effect can lead to the lesser income of the economy.
When the government make large borrowings to make the financing additional improvements in the infrastructure and in education a slowing economic growth, it negatively effects or influences the long run economic growth of the United States.
Answer:
Explanation:
The ending retained earnings = beginning retained earnings + net income - Dividends Paid
Net income = ending retained earnings - beginning retained earnings + Dividends Paid
= $833,000 - $724,000 + $50,000
= $159000.
Therefore, the net income for the year is $159000.
Answer: B. Tabitha figures that the additional benefit of having her own booth ( as opposed to sharing) is at least $300.
Explanation:
When Tabitha moved booths, she began to pay $450 per month. The difference between this cost and the cost she was previously paying is:
= 450 - 150
= $300
If Tabitha is paying $300 extra, it must mean that the benefit she is getting from being in her own booth is at least $300 because that would be the only way she would not be making a loss. Were the benefits anything less than $300, she would be making a loss and it would not make any sense for her to continue renting the booth.
Answer:
B. cell phone
Explanation:
Out of all the following costs, the most likely not to be included in a bill from the university for a college student living on campus is "Cell Phone."
This is because except a student is on full scholarship, Tuition is a must cost to be included in the bill.
Also, student fees that cover extra costs like insurance, and health care are usually included in student bills.
Similarly, the housing cost covers a hostel or off-campus accommodation for students. Hence it is also included in the student bill.
Hence, the correct answer is the cost of a "Cell phone." Which doesn't concern the school whether a student has or not.
The procedures are called PREVENTIVE CONTROLS. Preventive controls are part of internal control which are purposely built into the system.There are many types of preventive controls, for instance, separation of purchasing and accounting personnel in a company is an example of preventive control.