Answer:
b) Additional paid-in capital.
Explanation:
Closing process in accounting is a period end activities which involves
the movement or transfer of temporary accounts to permanent accounts.
Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.
This exercise is to prepare temporary accounts for the next period. since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.
In the question, all are income accounts except additional paid-in capital
Answer:
When labor productivity is high.
Explanation:
According to neoclassical economic theory, real wages are equal to the marginal product of labor (MLP). The marginal product of labor is the extra output produced by one extra unit of labor (one extra worker).
If the MPL is high, this means that workers are very productive, and therefore, are paid a high real wage accordingly.
This is why countries with high labor productivity like the U.S. or Switzerland also have very high real wages.
B. Associate of Arts degree (APEX)
I'm studying this right now the answer is B. it controls the supply of money in the U.S. <span />
Answer:
speculative bubble
Explanation:
In simple words, A financial bubble is a increase in asset prices within a certain market, product, or investment vehicle that is caused by optimism as contrasted to certain asset class dynamics.
Typically, a financial bubble is triggered by unrealistic expectations of potential prosperity, market inflation or other activities that may cause asset prices to rise.
This optimism and subsequent action drives greater levels of trade, and as more people converge around the increased demand, buyers outstrip sellers, driving values above what an unbiased intrinsic worth analysis would imply.
