Answer: c. III only
Explanation:
The marginal propensity to consume (mpc) measures the proportion of a consumers income that is spent.
The marginal propensity to save (mps) measures the proportion of a consumers income that is saved.
It is usually assumed that disposable income is either saved or spent, so mps + mpc = 1
The multiplier is measured as : 1 / MPS or 1 / (1-MPC)
the MPC has a positive relationship with the multiplier.
The Breeders' Cup weekend was all about the four-year-old stallion. The horse won the Breeders' Cup Classic by 814 lengths after going undefeated in six career starts.
Flightline was valued at his $184 million after the owner sold his 2.5% stake in the horse for his $4.6 million.
<h3>What is horse racing?</h3>
Horse racing, the sport of fast racehorses, primarily thoroughbreds straddled by riders or standardbreds with drivers towing carriages.
These two types of races of his are known as flat races and harness races respectively.Quarter in his Horse Racing article describes racing on the same level as non-Thoroughbred horses.
Horse racing is one of the oldest sports he has, and its basic concepts have changed little over the centuries. From his simple two-horse speed and endurance contest to a spectacle involving massive runners, sophisticated electronic monitoring equipment, and billions of dollars, the basic characteristics have always been the same. stay.The first horse to finish wins.
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1) If the economy is the closed equilibrium price and the amount is decided wherein the domestic demand and deliver curve intersects. here equilibrium price is Pa and the amount is X.
2) If the economic system is open to exchange equilibrium rate is a computer and the equilibrium amount is Z.
3) With unfastened change output produced via home producers is O-V. And by foreign manufacturers is Z-V.
4) With in keeping with the unit tariff charge is Pt and the whole quantity bought is Y.
5) With consistent with unit tariff quantities offered by using overseas producers is Y-W and through domestic manufacturers is O-W.
6) Per unit sales after tariff received via foreign producers is a computer and by using home producers is Pt.
7) General quantity of tariff sales = consistent with unit tariff × amount imported.
= (Pt - computer) × (y - w).
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Answer:
July 1
Dr r Accounts Receivable $83,000
Cr Sales Revenue $83,000
July 9
Dr Cash $81,340
Dr Sales Discount $1,660
Cr Accounts Receivable $83,000
Explanation:
Preparation of the required journal entries for Sheffield Co.
July 1
Dr r Accounts Receivable $83,000
Cr Sales Revenue $83,000
July 9
Dr Cash $81,340
[($83,000 -($83,000 *.02)]
Dr Sales Discount $1,660
($83,000-$81,340)
Cr Accounts Receivable $83,000
