Answer:
Greater; Open; Greater; Closed
Explanation:
Aggregate demand of economy refers to the total demand for goods and services in an economy at particular period of time.
A closed economy refers to one that has no imports or exports; in order words it is closed from foreign trade with other economies. Thus, fiscal policy would have a greater effect in this economy.
Open economy is the opposite of a closed economy; it allows foreign trade and the aggregate demand of the economy is better influenced by the monetary policy.
Answer:
Has failed his fiduciary duties and is responsible for any losses in value the owner has suffered.
Explanation:
In the above case, the manager has failed to maintain the units in proper working order and the property declines in value which is of a negative effect to the property owner.
In this case, the tenant has the option of hiring an outside party to make the necessary repairs. The tenant should do that in good faith and should be reasonable in choosing who to make the repairs. This cost will probably be deducted from their next rent check.
Also, if the problem violates state or local building or health codes, a tenant may decide to contact the local authorities regarding the issue. If inspectors come out and find the problem, the landlord may face an order to fix the problem, plus possible fines and/or penalties.
Answer:
True
Explanation:
A compensated absence is employee time off with pay, which can arise in such situations as sick leave, holidays, vacations, and jury duty. To account for compensated absences, it is not necessary to separately recognize them when they are earned and used within the same period, since it is typically rolled into the general compensation expense. However, they must be charged to expense and recorded as a liability when they are earned and their use is deferred to a later period.
An employer should accrue a liability for compensated absences payable to employees for their future absences, but only if all of the following conditions are met:
• The payment obligation for future absences is based on employee services already rendered.
• The amount of the obligation can be reasonably estimated.
• Payment is probable.
• The obligation is for employee rights that vest or accumulate.
Answer:
The correct answer is b) Actual cash value.
Explanation:
Insurance industry’s ACV is define as "the cost to replace with new property of like kind and quality, less depreciation. Courts have varied in their rulings as to whether or not depreciation includes obsolescence (loss of usefulness as a result of outmoded design, construction, etc.)."
From this list, none are really the perfect solution to have a clear presentation but most likely it would be: C. Using a large font, since it will allow viewers from a long distance to be able to understand better.
