Answer:
The Supplies account would be <em>debited </em>on the <em>left </em>side of the T-account and the Cash account would be <em>credited</em> on the <em>right </em>side of the T-account.
Explanation:
Supplies
DEBIT CREDIT
(LEFT) (RIGHT)
300
We debit supplies as it represnet an asset , something the company owns. Thus it will increase from the debit
Cash
DEBIT CREDIT
(LEFT) (RIGHT)
300
We credit cash is it is assets which is being decreased. We use the cash to acquire the supplies. We no longer have those 300 dollars we use to purchase the supplies.
Answer:
<em>A. True</em>
Explanation:
<em>Aggregate demand</em> refers to the desire and the will to purchase a specified quantity of all the final goods and services produced in a country at a specific price level at different points of time.
An<em> aggregate demand curve is downward sloping</em>, implying increasing demand at lower price levels and decreasing demand at higher price levels.
<em>Aggregate demand = Consumption (C) + Investment (I) + Government Expenditure (G) + Net Exports (NX) = GDP at market price</em>
C represents the consumption goods demand by individuals and households.
I represents the private corporate spending on investments in fixed capital assets like plant and machinery and equipments etc.
G represents the government expenditure for the people like on building parks and dams etc and social assistance programmes.
NX represents the exports minus imports.
Hence, we can see that Aggregate Demand accounts for the measure of all the final goods and services produced domestically in a country and <em>thus is the sum of all demand curves of all goods and services in the economy. </em>
Answer:
0.343
Explanation:
Given that,
Percent of CFA candidates have a degree in economics, p = 30% = 0.3
Random sample of CFA candidates, n = 3
Here, we are using the binomial distribution.
Let X be the number of CFA candidates having economics degree.
Probability that none of them has a degree in economics, P(X = 0) :
=
=
=
= 0.343
Therefore, the probability that none of them has a degree in economics is 0.343.
The answer is "<span>the price a foreign currency can be purchased or sold today."
The foreign trade spot exchange, otherwise called FX spot, is an understanding between two gatherings to get one money against offering another cash at a concurred cost for settlement on the spot date. The conversion scale at which the exchange is done is known as the spot swapping scale.
</span>
Piaget’s concrete operational stage is characterized by the active, appropriate use of: logic.
Jean Piaget was a developmental biologist and psychologist who was born on the 9th of August, 1896 in Neuchâtel, Switzerland.
Piaget worked extensively on cognitive development in infants and teenagers based on the following:
Jean Piaget's stages of cognitive development in an ascending order includes;
I. Sensorimotor stage.
II. Preoperational stage.
III. Concrete operational stage.
IV. Formal operational stage.
The concrete operational stage is typically described as age 7 through age 11, at which the child thinks logically.
In conclusion, the active, appropriate use of logic is a feature of John Piaget’s concrete operational stage.
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