A is your answer hope this helps
Answer:
1. economic growth;
2. the size of the economy
Explanation:
According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.
Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.
Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY
Answer:
When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.
Explanation:
"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"
Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019
Answer:
a.
Dr. Cash 15000
Dr. Law Library (Asset) 6000
Cr. Mary (Capital Account) 21000
b.
Dr. Office equipment 7500
Cr. Account Payable 7500
c.
Dr. Cash 1500
Cr. Income / Revenue 1500
d.
Dr. Account Payable 3500
Cr. Cash 3500
e.
Dr. Account Receivable 4000
Cr. Income / Revenue 4000
f.
Dr. Marry (Capital Account) 2000
Cr. Cash 2000
g.
Dr. Cash 2500
Cr. Account Receivable (e) 2500
h.
Dr. Salary Expense 2500
Cr. Cash 2500
Explanation:
*Trial Balance and T accounts are made in an MS Excel file which is attached please find.
