Incomplete question. The full question read;
Malcolm has several receipts from recent transactions that he entered into his records. The receipts include an ATM receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00.
When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginning balance, what should his correct balance be?
Answer:
<u>$704.50</u>
Explanation:
First, we need to note which transactions are credit transactions, and which is a debit transaction. <em>Remember</em>, a<u> credit transaction</u> basically means a transaction that brings money into your account, while the latter is a transaction that takes money out of your account.
Malcolm's credit transactions:
- ATM receipt for an $80.00 deposit
- paycheck deposit slip for $650.00
Total: <u>$730.</u>
Malcolm's debit transactions:
- grocery store receipt for $25.50
Total: $25.50
Substracting total debit transactions from credit transactions, Malcolm's correct balance would be = $704.50 ($730-$25.50).
Answer:
a) property rights and obligations.
Explanation:
In the case of the information age, the liabilities at which the individuals and the organizations would be concerned related to the intellectual property could decline that lies with the moral dimension of the property rights and its liability as the intellectual property includes the property rights
SO as per the given situation, the option a is correct
Answer:
the country's economy is in a liquidity trap.
Explanation:
A liquidity trap exists when interest rate are close to or equal to zero.
When there is a liquidity trap, expansionary monetary supply would not work because people would prefer to hold cash due to the believe that a negative economic event is about to occur e.g. deflation
When there is a liquidity trap, individuals prefer to save their monies rather than buy bonds
Liquidity trap was first discovered by John M. Keynes
Solutions to liquidity trap
1. Policies that would make savings less attractive
2, Increased government spending
Liquidity trap occurred in Japan in the 1990s and this led to a deflation
<span>Positioning bounty, a paper towels brand, as "the quicker picker upper" is an example of </span>positioning against competition