Macroeconomic equilibrium occurs when aggregate supply and aggregate demand meet. what does this indicate about society?

Answers

Answer 1

Answer: This indicates that the society is using resources efficiently and effectively. This is because all economies tend to go towards the equilibrium and if they don't, that's bad for the economy.

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On April 1, Garcia Publishing Company received $18,180 from Otisco, Incorporated for 36-month subscriptions to several different magazines. The company credited Unearned Revenue for the amount received and the subscriptions started immediately. Assuming adjustments are only made at year-end, what is the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the first year?

Answers

To determine the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the first year for the unearned revenue, we need to consider the portion of the subscriptions that has been earned during that period.

Given that the subscriptions are for 36 months and adjustments are only made at year-end, we can assume that one-third (12 months) of the subscriptions have been earned by December 31 of the first year.

Adjusting Entry:
To recognize the earned portion of the unearned revenue, the adjusting entry would be as follows:

Date Account Debit Credit
------------------------------------------------------------------------------
December 31 Unearned Revenue $6,060
Magazine Revenue $6,060

Calculation:
$18,180 (initial credit) / 36 months = $505 (monthly revenue)
$505 (monthly revenue) * 12 months (earned period) = $6,060 (earned revenue)

Therefore, the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the first year is to debit Unearned Revenue for $6,060 and credit Magazine Revenue for the same amount. This entry recognizes the portion of the subscriptions that has been earned by the end of the first year.

Identify the three uses of money and give an example of each.

Answers

medium of exchange - you can buy stuff with itstore of value - you can save it up and buy stuff with it latermeasure of value - you can say that your parent's how was worth $200K before the crisi.

When you've carefully checked all the facts and your attitudes and still find that there's "just something" about your supervisor that's causing a problem in your relationship, you should suspect thatA. you're not carrying your own weight.
B. too much socializing is going on.
C. there's an imaginary risk.
D. there's a hidden attitude.

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I believe the answer is: D. there's a hidden attitude.

The hidden attitude could be something that derived from negative intention but not directly shown due to legal implication that your supervisor might face.
Example of hidden attitude could include things such as racial prejudice, sexual intention, sexism, etc.

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in your relationship, you should suspect that "D. there's a hidden attitude" since these attitudes have ways of making every day tasks more difficult.

If you average 6 hours of sleep per night Monday through Friday and 9 hours per night on Saturday and Sunday, what fraction of the entire week do you spend asleep? *

Answers

Answer:

2/7

Explanation:

Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as _____.net exports
consumption
investment

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Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as investment.
Investment is one of the items to consider to determine GDP by expenditure approach which includes residential construction, since residential buildings can be rented out, even if they are occupied by owners.

investment is the correct answer thanks

This simply means a general agreement:a. Consignment
c. Conscription
b. Consensus
d. Continuity

Answers

Consensus simply means a general agreement. By definition, the rest of the words are:

· Consignment is the act or process of sending goods to a person or place to be sold.

· Conscription is the practice of ordering people by law to serve in the arm forces.

· Continuity is the quality of something that does not stop or change as time passes.

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