Answer:
Understates
Explanation:
The difference between the real GDP per capita in 1890 and the real GDP per capita today understates the difference in the population's economic well-being because although it is a given that the higher the GDP is higher the standard of well-being of the population, <u>however the understatement comes from the fact that GDP has a short-coming of failing to include the value of leisure time.</u>
<u>GDP includes exchanges of value. for example if you employ a maid to take care of house chores and pay the maid, that is an exchange of value and will be captured by GDP but will not be captured if you do it yourself, and there are a lot more people doing things themselves today and the population is far more than in 1890</u>
Answer:
Option d: No statutes presently require websites to have or disclose a privacy policy.
Explanation:
A Privacy Policy
This is simply defined a legal document written statement that gives a clear description of how a company or website takes, analyse, handles and processes data of its customers mostly and a visitors. It gives or describes if the information is hidden.
Privacy laws in the world simply collect personal information from the website visitors, it is usually available with your mobile app. There has been no power put in place or statutes that require websites to have or disclose a privacy policy.
Answer:
the answer is (b )that I'd criminal law addresses private wrongdoings, while civil laws addresses public wrongdoings
The essential function a bank can perform is that of transferring money from savers to borrowers.
<h3>What do you mean by the bank?</h3>
A bank refers to the financial institution that is entitled to receive deposits and make loans.
Transferring funds from savers to borrowers is a very important function that financial institutions perform that is critical to the economy's growth prospects as these account balances constitute a larger portion of the money supply.
Learn more about bank here:
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Answer:
Date Account titles and Explanation Debit Credit
Bad Debt Expense $8,400
Allowance for doubtful account $8,400
($9,600 credit required - $1,200 already existing)
(To record bad debt expenses)
Particulars Amount
Account receivables $307,200
Less: Allowance for doubtful account <u>$9,600</u>
Net amount of accounts receivable <u>$297,600</u>