Explanation:
The journal entry is as follows
Account payable A/c Dr $1,800
To Merchandise Inventory A/c $36
To Cash A/c $1,764
(Being the amount due is paid)
The computation is shown below:
For Account payable
= $2,000 - $200
= $1,800
For Merchandise inventory
= ($2,000 - $200) × 2%
= $36
And, the remaining balance is credited to the cash account
Answer:
The answer is C. Development and use of model to test
hypotheses
Explanation:
Economic theories are theories that explains economic phenomena and tries to create solutions to the identified economic problems. They are comprehensive system of assumptions, hypotheses, definitions and instructions about what should be done in a certain economic situation.
Examples of Economic theories are
Classical economic theory
Keynesian theory
New Classical theory
New Keynesian theory
He needs to add %4 more apple juice because %12 - %8 = %4
Answer: C) an increase in the capital/labor ratio and an increase in consumption per worker
Explanation:
An increased in the saving rate in a steady state caused the increased in the consumption for each worker when the ratio of the capital labor become capital stock under the golden rule. As, the rate of the higher saving automatically increased the growth of the economical rate. When there is shifting from lower to higher in the steady state then, the rate of the growth increased.
The answer to this question is Critical thinking.
Critical thinking is also known as critical analysis which means analyzing data, facts, and evidences to make a judgement. This also means evaluation, conceptualizing, and analyzing ideas and facts to create an answer or judgement. Some of the skills related to critical thinking are problem solving skills, reasoning skills, objectivity, and interpretation.
