Answer:
Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.
Limited writing refers directly to the object or idea portrayed. Pictograms or ideograms call to mind an image or concept that may be expressed in language. The reader does not need to know the language of the writer to translate the signs into his or her own language.
Answer:
1. Cash at December 31, 2017 is $413,000.
Explanation:
As per IAS-7, which deals with the Statement of Cash Flow, the year end Cash balance should be calculated as follows under indirect method:
Cash opening balance
Add: Net cash provided by operating activites
Less: Net cash used by investing activities
Add: Net cash provided by financing activities
Note: The terms "Provided" and "Used" are the basis of addition and subtraction.
<u>Calculation</u>
300,000 + 486,000 - 932,000 + 559,000 = $413,000.
Answer:
A) 500 = 2F + 100S.
Explanation:
A budget constraint represents all the combinations of goods and services that can be purchased by a consumer given price and income.
I hope my answer helps you.