The following would happen
- Aggregate income would increase for households. They would have a rise in output.
<h3> taxes on households are decreased</h3>
When the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
<h3> taxes paid by firms are decreased</h3>
The cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
<h3>the value of the national currency, the snezhankan lev, declines in the international currency market?</h3>
If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
<h3> a revolutionary new machine, the apparat, increases worker productivity</h3>
An increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
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<span>Money is anything that people are willing to accept to use for payment for goods and services.The purpose of money can be described as follows:
</span>store of value - money is a way of saving for future purchases
unit of account - money <span>represents the real value (or cost) of any economic item.</span><span>
medium of exchange- </span>Money serves as a medium of exchange.
People believed that the plants surrounding the potato were poisonous nightshade like what the tomato had. They also avoided it because they believed that it's "unattractive" appearance. They finally became accustomed to using it after they discovered that it was suitable to grow in harsh conditions or where nothing else would have grown.
Answer:
From the bank statement of $23000 the needs are:
- cell phone plan = $45
- rent = $400
- car insurance = $60
- Electric bill = $60
- car payment = $250
Explanation:
A need is something needed for an individual to live a fulfilling life without adverse effect. if a need is not fulfilled it can cause an adverse effect like sickness,death or it might cause a fine or penalty.
cell phone plan is an need because without a cell phone plan a cell phone user might be unable to communicate properly with his business associates and family who might not always be with him and he might be unable to pass along proper and timely information as well
Rent is necessary because housing is one of the most important needs of a man without rent plan there would be no proper housing
car insurance: insurance helps to reduce the burden of accidents on the car owner. if he fails to pay his insurance when due. if the car is caught up with eventualities of accident, the insurance company might not respond to him
Electric bill : this is a very important need as well in America. failure to pay the electric bill results to shortage of electricity and electricity is vital to everyday living.
car payment: the regular payment of car loans helps to escape the penalty of late payment hence this is a need.
Answer and Explanation:
The computation of the purchase of fixed assets is shown below:-
March 12 Purchase of fixed assets = $274,000. This same is shown in the investing activities section of the cash flow statement in the negative sign
October 4 Sale of fixed assets = $151,000. This same is shown in the investing activities section of the cash flow statement in the positive sign
Gain on sale of the fixed asset is
= Sales Value - Cost of asset
= $151,000 - $129,000
= $22,000
This amount is shown in the operating activities section of the cash flow statement in the negative sign
