Explanation:
The aggregate demand curve is downward sloping. It implies price levels are falling and the quantity of output will increase as well as the domestic income. The theories that can explain why the aggregate demand curve is downward sloping: the Pigou's wealth effect, the Keynes's interest-rate effect, and the and Mundell-Fleming's exchange-rate effect.
Answer:debit cash $100,000 and credit unearned service revenue $100,000
Explanation:
Receiving cash in advance of services will increase the cash account (debit) and the unearned service revenue account (credit). A liability is recorded because services are owed.
Different people have different concerns. Some people see the environment as a beautiful thing that we need to protect and conserve. Some people do not care about the environment at all or they do not see the problems as problems.
Most of the money in our economy is created by banks, in the form of bank deposits – the numbers that appear in your account. Banks create new money whenever they make loans. 97% of the money in the economy today exists as bank deposits, whilst just 3% is physical cash. This short video explains:
The money that banks create isn’t the paper money that bears the logo of the government-owned Bank of England. It’s the electronic deposit money that flashes up on the screen when you check your balance at an ATM. Right now, this money (bank deposits) makes up over 97% of all the money in the economy. Only 3% of the money is still in that old-fashioned form of cash that you can touch.
I hope this helps you.