Answer and Explanation:
The matching is as follows:
Wealth effect = This would give the AD curve slope explanation
Multiplier effect = 1 ÷ MPS
Crowding out effect = Decline in investment because of rise in G.
Autonoumous consumption= Spending without considering income.
Laffer curve = Lesser tax rates that lead to higher tax revenues.
Automatic stabilizer = Transfer payments.
Permanent income= Long run average income level
Closed economy= Economy without considering foreign sector.
Capital deepening = rise in capital per worker.
Rule of 70 = Number of Years to double output.
Answer:
The transactions will be recorded as follows;
Explanation:
August 6.
Inventory(78*240)*99% Dr.$18,533
Accounts Payable-Game Girl Cr.$18,533
August 7.
Inventory Dr.$440
Bank Cr.$440
Aug 10.
Accounts Payable-Game Girl (8*240)*99% Dr.$1,904
Inventory Cr.$1,904
August 14.
Accounts Payable($18,533-$1,904) Dr.$16,632
Bank Cr.$16,632
August 23.
Account Receivable (58*260) Dr.$15,080
Sales Revenue Cr.$15,080
Cost of Goods Sold Dr.$14,145
Inventory Cr.$14,145
Please note that cash discount's net method is used for sake of recording
Answer:
$1,256,000
Explanation:
Data provided in the question:
Number of semiannual payments received = 16
Amount of each payment = $100,000
Annual interest rate = 6%
Thus,
Semiannual interest rate = = 3% = 0.03
Now,
Payment = Amount ×
or
Payment = $100,000 ×
Payment = $100,000 × 12.56
or
Payment = $1,256,000