The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
<h3>What is Economic growth?</h3>
Economic growth is used when a country performs better than the previous years in terms of it economy.
The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.
Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
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Answer:
d. It implies that prices reflect all available information
Explanation:
Efficient Market hypothesis emphasizes upon the fact that stock prices are an outcome of released public information and assumes investors to be rational.
It points towards sensitivity of the market to the information made available and as per it, investors actions are an outcome of information that becomes available to them.
It means securities are correctly priced which wipes out any possibility of earning arbitrage gains i.e buying a security at a low price and selling it at a higher price.
Answer: An increase in demand for digital cameras over 35mm cameras.
Commission means that an employee is paid a given amount regardless of the number of hours worked or quality of the work.
Answer:
a. $12,700
b. $2,700
Explanation:
The $10,000 she began with is an asset to the company and is also the owners equity.
Equipment purchased reduces cash but gives rise to another asset (fixed assets) hence the assets value does not change. Supplies is purchased on account, resulting in the creation of an asset and a liability.
Hence total asset owned by Shane Catering
= $10,000 + $2,700
= $12,700
Total liabilities = $2,700
