Answer:
I'm not sure what this question is about, but the concept of the income expenditures model and its components is the following:
In the income (or aggregate) expenditures model, its author (Keynes) established certain assumptions in order to analyze how the economy works as a whole. His assumptions included that investment, government spending and net exports were all independent from income level.
When the economy is at equilibrium, total expenditures (GDP) = income level = consumption + government + investment + net exports
Another important assumptions are:
- marginal propensity to consume (MPC) + marginal propensity to save (MPS) = 1
- consumption = autonomous consumption + [MPC x (total income level - taxes)]
Savings = investment increase when disposable income increases or real GDP increases.
This model is used to explain the relationship between labor and production levels, and how they are affected by the economy's total expenditures. By increasing expenditures, the demand for labor and products/services will increase.
Answer:
Ceteris Paribus
Explanation:
Ceteris Paribus is a Latin word usually used in economics. It means other things being equal.
I hope my answer helps you
<span> A leader can be a manager, but does not need to be a manager. You can lead/be a leader without being a manager.
An example that I have heard used often is that the leader will climb
the ladder, the manager will make sure we have the ladder, it is stable
and it is against the right building. Leading has more to do with the
vision and taking the people with you. Management includes leading, but
also covers the how and other similar things. (PS I think the original
ladder example might be from Covey. Have a look at his stuff on
leadership v managers) </span>
There are different steps in research. After defining the business mission, what should a firm do next to develop a marketing plan is to Perform a situation analysis.
<h3>What is in a situation analysis?</h3>
A situation analysis is known to be a thorough cross examination of a firm's market presence using the internal and external factors.
It is known to also look into a business's current and likely customers and how they will respond to the firm's products and services.
Learn more about Performing a situation analysis from
brainly.com/question/5493365
Answer:
The answer is: debit Accounts Receivable $1,000; credit Sales $1,000; debit Cost of Goods Sold $400; and credit Merchandise Inventory $400
Explanation:
The journal records should be:
- Dr Accounts receivable 1,000
- Cr Sales revenue 1,000
- Dr Cost of goods sold 400
- Cr Merchandise inventory 400
Accounts receivable is an asset account, and when assets increase they are debited.
Sales revenue is a revenue account, and when revenue increases it is credited.
COGS is an expense account, and when expenses increase they are debited.
Merchandise inventory is an asset account, and when assets decrease they are credited.