Answer:
In simple word, The given case relates to the practice of saving the lobbying interest by the political groups using monetary transaction and rules. It is beneficial for such a lobby group to set up a non-profit company.
Community groups can gain financial security by establishing non-profit organisations inside the organization. AARP uses the money from its insurance company to fund its legislative activities.
If the economy is operating at full employment when its aggregate demand curve is ad2, then a further increase in consumption and investment spending will cause, the new equilibrium output will be less than the q2 cost-push inflation, and the new equilibrium output will be more than the q2.
Answer:
C) Supplying euros and demanding dollars in the foreign exchange market.
Explanation:
Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.
Hence, French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be supplying euros and demanding dollars in the foreign exchange market because the medium of exchange (legal tender) in France and Germany is the "Euros" while it is "Dollars" in the United States of America.
Answer: General Partnership
Explanation:
Since both Kyle and Palo are equally responsible for the businesses' risks and rewards and they also combine their resources together, then this is a general partnership.
For a general partnership, they both take active part in the business and also have unlimited personal liabilities.
Therefore, the answer is general partnership.
Answer: the answer is A. Yes.
Explanation:
Under a strict cash basis of accounting, revenues and expenses are recorded only when cash is received or paid. Under a modified cash basis of accounting, certain accruals and/or deferrals are recorded for financial-statement purposes.
The most common modifications are the capitalization and amortization of long-lived assets and the accrual for income taxes (recognition of income tax expense and related liability).
