Think through this one:
--The bottom two answers concern budget deficits or surpluses, but the question doesn't tell you anything about tax revenue vs. government spending. So neither of those answers applies.
--The first answer is impossible because the economy is already at full employment, so employment can't increase
--Inflation is the answer. Increasing the money supply by 6% while output is increasing by only 2% means that prices will rise: the money supply is increasing faster than output.
Answer:
Compound interest have more of an impact for <em>long-term</em> investments
Explanation:
Interest earn on the principal for one period (P) is the same for compound and non-compound interest
The <u>non-compound interest</u> of period n is is the sum of P for all n periods: P*n
<u>Compound interest</u> is the result of reinvesting interest.
The compound interest of period n (
) = interest earned on the principal (P) + interest on <em>previously accumulated interest of n-1 periods</em> (
), where...
...<em>previously accumulated interest of n-1 periods</em> (
)= interest earned on the principal (P) + interest on <em>previously accumulated interest of n-2 periods</em> (
)
... and so on backward to the interest of period 1 = interest earned on the principal (P) = non-compound interest of period 1
It can be seen that the less (more) time pass, the less (more) the gap between compound interest and non - compound interest
The amount of the journal entry are as follows:-
Cash $15000
Accumulated Depreciation $10000
Equipment cost $35000
Loss on sale $10000
<h3>What is Depreciation?</h3>
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.
The complete solution is attached below.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.
Learn more about Depreciation here:
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<span>The most important thing is to have low credit card fees. Some of them are annual fee, financial charge, late fee, over-the-rate fee..
Also low fee on balance transfers is very important and low APR (Annual percentage rate). APR can be fixed but also variable, however it depend on the amount of balance, the larger the balance, the bigger the rate.
You should also look for a reward for using their credit card.</span>
Answer:
B
Explanation:
Outsiders who were once employees
Because they have the inside information. And if your up to any tricks, they'll know! And you'll basically be at their liberty.