What measures the change in prices of a basket of goods and services in a given year?

a. recessionB) depressionC) deflationD)) inflation

The financial statements of Gervais Manufacturing Company report net sales of $500,000 and accounts receivable of $80,000 and $40,000 at the beginning and end of the year, respectively.

What is true of the relationship between trade and economic growth? Group of answer choices Free trade hampers economic growth and leads to lower living standards in the long run.

Journalizing the entry to record jobs shipped and customers billed would include a credit to a. Finished Goods b. Accounts Payable c. Cost of Goods Sold d. Cash

Which of the following clearly qualifies as a team? Group of answer choices The Student Senate at your college Your college debate squad.

Bank Y and Bank Z both have assets of $1 billion. The return on assets for both banks is the same. Bank Y has liabilities of $600 million while Bank Z's liabilities are $700 million.

Economies of scale are ways that a company can lower the cost per unit by selling more units overall A. True B. False

Suppose warren buffet withdraws $1 million from his checking account at chase manhattan bank. if the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system?

The market system's answer to the fundamental question "how will the goods and services be produced?" is essentially

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.1 million, which will be depreciated straight-line to zero over its four-year life.

What is the difference is between saving and investing?