Answer:
A. money supply curve will shift right.
Explanation: when the supply of money is increase by the central bank,the money supply curve will shift right. Leading to a lower interest rate,but,the money supply curve shifts left, when the supply of money falls,which leads to higher interest rate.
Answer:
All of the above
Explanation:
Section 11 of the security act of 1933 states that whenever the registration statement becomes effective , the accountant will be liable for errors relating to untrue statement of material fact , omission of a required material act or the inclusion of any other misleading information.
The aim is to ensure that the statement is truthful enough to supply reliable information that will protect the interest of stakeholders and fraud in the sales of securities.
Answer: Private goods.
Explanation:
Private goods are commodities bought by a consumer for personal consumption. It is very easy to determine the cost of private goods as the cost is the price at which it is sold in the market. On the other hand public goods are commodities that everyone enjoys in society that are not necessarily paid for by consumers. Therefore to determine the final cost of public goods is difficult to ascertain.
Answer:
B
Explanation:
Stock which has appreciated in value must be sold before it is considered part of gross income.
Answer:
The activity base selected determines whether a cost behaves as a variable cost or fixed cost. This statement is true.
The correct answer is A.
Explanation:
Variable cost is a cost that fluctuates with respect to activity level while fixed cost is a cost that remains unchanged irrespective of activity level.
Thus, the activity base selected determines whether whether a cost is fixed or variable.
