Revenue accounts should begin each accounting period with zero balances.

Of money's three functions, the one that distinguishes money from other assets is: - its function as a standard of deferred payment - medium of exchange. - store of value. - unit of account.

Determine if the people in the example have benefited (i. e., are winners) or have been harmed (i. e., are losers) by unexpected inflation. 1. Winners2. Losers

What is the stage in a business cycle called when real GDP stops falling? a. an expansion b. a contraction c. a trough d. a peak

Someone is retiring next year. What would be an appropriate amount of risk to take with their investments?

The intersection of an economy's aggregate demand and long-run aggregate supply curves: (A) Occurs at high levels of cyclical unemployment (B) Occurs at the economy's potential output (C) Determines its equilibrium real GDP in both the long run and

Force Corporation is owned equally by Luke and his sister Leia, each of whom own 200 shares in the company. Force redeemed 100 shares of Luke's stock in the company on December 31 of this year paying Luke $1,000 per share.

Question 1 of 10: this will allow you to borrow money to buy a car, but you will have to pay it back with interest over time: a. gift b. lease c. lend-lease d. loan

If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound in the U. S. and 1 New Zealand dollar per pound in New Zealand, what is the real exchange rate? A. 22.5 B. 1.25 C. 2 D. 0.75

The attitude adopted by Calvin Coolidge that government should play a small role in business affairs is known as what?

Why is it important to take special steps to format an electronic résumé properly? a. It demonstrates superior knowledge over other candidates b. It shows time went into applying for the position c. It ensures the document is clear and readable d.