Answer:
True
Explanation:
Work in process refers to those goods which require further processing. When a department transfers work in process(WIP) to another department, the recipient department's stock of WIP is debited i.e debit the receiver principle.
Similarly work in process that is being transferred out of a department would be recorded like Purchase return i.e credit what goes out.
A debit in WIP account increases it's balance whereas a credit in WIP account reduces it's balance.
Answer:
The marginal propensity to save (MPS) is the portion of each extra dollar of a household's income that's saved. MPC is the portion of each extra dollar of a household's income that is consumed or spent. Consumer behavior concerning saving or spending has a very significant impact on the economy as a whole.
Multiplier Effect
for every dollar the government spends, it will create a greater than one dollar change in GDP
Spending Multiplier
1 / 1-MPC or 1 / MPS; increase in spending .: + multiplier; decrease in spending .: - multiplier
Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit.
Crowding out in businesses an economic concept that describes a situation where personal consumption of goods and services and investments by business are reduced because of increases in government spending and deficit financing sucking up available financial resources and raising interest rates.
Explanation: Marginal Propensity to Consume
the fraction of any change in disposable income that is consumed; MPC = change in C / change in DI
Marginal Propensity to Save
the fraction of any change in disposable income that is saved; MPS = change is S / change in DI
KitKats are probably the best candy bars ever, their crunch with the sweetness of the chocolate will leave your mouth in awe in wanting more, plus in Japan they have many more flavors than the normal American ones such as, green apple, wasabi, and strawberry.
Answer: Option C
Explanation:
A. Bonds can be called at discount or premium depending upon the interest rate availing in market and the coupon interest rate.
B. In case of bearer bonds no transactions and ownership records are maintained.
C. Indenture is the contract between issuer and holder specifying the duties and obligations of issuer and the rights of holders.
D. Collateralized bonds are backed by a pool of assets while debentures are unsecured bonds .
E. A bondholder can have the right to determine it only when he have the put option with him otherwise the right to call bond lies with the issuer.
