I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
Always pay your bills on time, if possible pay more than the minimum, and if possible pay off all before due date to eliminate interest charges
Answer:
My best guess is numbers 1,3,4,6
Explanation:
It makes sense, number 1 when you have face-to-face discussions it will be better to understand what the person is saying. Number 3 teachers need to help others. Number 4 you need to be in contact with people around you so if you have any questions you will get an answer. Lastly, number 6 if you are unbalanced your not going to get anything done, you will be all over the place and wouldn't know what to do which is why its important to spend time regaining balance.
Hope this helps!
Answer:
Debit supplies expense $2,200
Credit office supplies $2,200
Explanation:
The beginning balance of $1,600 plus the purchases of $1,800 makes an available office supplies balance for the period in the amount of $3,400. A year-end physical count of $1,200 constitutes the remaining supplies balance at the period after they used up the $2,200 portion ($3,400 - $1,200). The appropriate journal entry at the year end is to recognize the expense portion of the supplies. Therefore, we have to debit supplies expense and credit office supplies in the amount of $2,200.
Answer:
Demand for automobile workers will fall.
Explanation:
Companies are always looking for ways to reduce costs in the production profits, in order to raise revenue and profit.
Workers are form of factor of production known as labor, while machines, which make automation posssible, are another form of factor of production, known as capital.
If employing machines to automate the production process becomes cheaper than hiring workers, then, the firm will use more machines and hire less workers. This is simply because using machines is cheaper, and will likely raise profits.
