Answer:
A. Wait for real-world events to confirm or refute the hypothesis.
B. Conduct one or more experiments.
Explanation:
Hypothesis by economists can lead to results that can decide economic policy. As such, it is important that they are tried and tested.
One way of testing a hypothesis is the standard method of conducting one of more experiments. These experiments will simulate world settings so that the experiment can be as close as possible to the real world.
Another method is to experience the hypothesis. The economist could just wait for events in the real world to either confirm or deny the hypothesis because the economy is dynamic and has been known to react uniquely to events that it otherwise should not have reacted to. It is therefore likely that it might react in a certain way that will enable the economist test their hypothesis.
Answer: A. debit of $3,745 to Premium on Bonds Payable.
Explanation:
The carrying value of the bonds at redemption date is $103,745.
The bonds retired however, had a face value of $100,000.
The company therefore paid a premium on these bonds which is:
= 103,745 - 100,000
= $3,745
This amount will be debited to the Premium on Bonds Payable account.
The economy is currently in long-run equilibrium. If the central bank increases the money supply, in the long run the price level will raises.
<h3>What is long-run equilibrium?</h3>
The term “long-run equilibrium” is used in economics to represent a theoretical idea in which all markets are in equilibrium and all prices and quantities have fully adjusted to achieve equilibrium.
The long-run differs from the short-run, which has some limitations and markets that are not entirely balanced.
Currently, the economy is in long-run balance. If the central bank expands the money supply, the price level will rise in the long run.
Therefore, in the long run, the price level will raise as the central bank increases the money supply.
To learn more about the money supply, refer to:
brainly.com/question/14041873
#SPJ4
<span>As there is no set of options given with the question, we'd go with one difference which is most conspicuous between the two types of countries. That difference is the standard of living and amenities in the incone range of the masses. In developing countries, people still have to give up on necessary amenities which are normal to have in developed countries.</span>
<span>If you borrow money from a bank, you are the ____________. </span>
<span>C</span>
