Something that is treasured in the family, it could be almost anything
Answer:
C) There will be an increase in government purchases as the economy has more income.
Explanation:
The long run aggregate supply (LRAS) curve includes the output of an economy when all the factors of production are being used at full capacity. The position of the LRAS curve depends on the number of workers, the amount of capital, and the available technology.
Every time an economy (or even a company) experiences a significant technological progress, its productivity increases, increasing the total output.
Answer: Assets are listed in descending order of liquidity
Explanation:
According to accountant principles, the assets are always listed starting with the most liquid asset. It has the special purpose of helping to the shareholders and company owners to know what assets are easily sold and become in cash flow. The most liquid asset is always the cash, it is the first in the list. Commonly the second asset listed is the inventory, then we have ththe realizable value ( it includes bonds, stocks and other stock market elements), followed by the elements available for sell, at the end we can find listed long term resources including fixed assets and intangible assets.
