Answer:
<h2>They are bankrupt.</h2>
Explanation:
Bankrupt is a stage given by a legal court, that is legally assigned when they are able to demonstrate that they can't pay the debts. So, the court could order the relief of their debts or part.
Answer:
an indeterminate effect on equilibrium quantity and a fall in equilibrium price.
Explanation:
A normal good is a good whose demand increases when income increases and falls when income falls.
If income falls and the good is a normal good, demand would fall. This would lead to a fall in price and quantity.
If cost of input falls, the cost of production would fall and supply would increase. This would lead to an increase in quantity and a fall in price.
The combined effect would an indeterminate effect on equilibrium quantity and a fall in equilibrium price.
I hope my answer helps you
Answer:
a. Governments may access the resources of fiduciary funds to help support their own programs.
True
b. When a government sponsors an Investment Trust Fund, the portion that belongs to other governments is reported as assets of the Fund, but the portion belonging to the sponsoring government is not.
True
c. The statement of net position for a typical Agency Fund shows assets and liabilities, but no fund balance.
True
d. When reporting on the resources of Pension Trust Funds, equity securities held by the Funds are reported at original cost.
True
Explanation:
