The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.
When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.
As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.
Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.
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Answer:
It is choosing goals and deciding how to achieve them (D)
Explanation:
As part of the planning process, managerial accountant guides management during goals and objectives formulation for the organization .
Management accounting provides past, futuristic and external information that can help management make informed planning and decision as regard setting various organizational goals and objectives including financial, operational ,strategic,market goal etc a
Answer:
1.Dr Postage expense $47
Dr Delivery expense $72
Dr Supplies expense $37
Dr Entertainment expense $25
Cr Petty cash $181
2.
Dr Petty cash $181
Cr Cash $181
Explanation:
Preparation of the Journal entry to record all employee expenditures and the entry to replenish the petty cash fund.
1.Since we were told to record all employee expenditures this means that the employee expenditures Journal entry will be recorded as:
Dr Postage expense $47
Dr Delivery expense $72
Dr Supplies expense $37
Dr Entertainment expense $25
Cr Petty cash $181
($47+$72+$37+$25)
2. Since we were told to record the entry to replenish the petty cash fund, this means that the petty cash fund will be recorded as:
Dr Petty cash $181
($47+$72+$37+$25)
Cr Cash $181
Their is a check that was not recorded properly, or all the deposits for the month where not recorded.
Answer:
D. Primary
Explanation:
The newly issued securities are first sold to the investors of the primary market .
The primary market id responsible for issuing the securities for the exchange of the company , or other groups .
The primary market are run by the underwriting groups which includes the investment banks .
Hence , from the information of the question , the correct term is ( d. ) Primary market .
