Answer:
d. is a form of regulation.
Explanation:
A corrective tax is a market-based policy option used by the government to address negative externalities. Thus, the tax on these negative externalities is increased and thus could cause decreased production
Answer:
Dr Cash $6,790
Dr Sales discount $210
Cr Accounts Receivable $7,000
Explanation:
Cost of goods sold by Landon Jewelers is $7,000
The cost is subject to 3/15, n/30 meaning that 3% will discount will be applicable if payment is made in 15 days. Where the balance is not paid within 15 days, it must however be paid within 30 days.
Since payment was made to Landon Jewelers within the 15 days grace, 3% deduction will be applicable to the payment.
Therefore Sales discount would be ;
= $7,000 × 3%
=$210
Balance paid in cash would be;
=$7,000 - $210
=$6,790
Journal entry for cost of goods sold would be;
Dr Cash $6,790
Dr Sales discount $210
Cr Accounts Receivable $7,000
Sales discount is an expense hence debited while the whole amount is credited to accounts receivable.
The 3 main programs president Roosevelt established to help reconstruct the US economy were referred to as the "3 R's" and they include the following.
- Relief for the unemployed and for the poor
- Recovery of the economy back to normal levels,
- Reform of the financial system to prevent a repeat depression.
<h3>What was the New Deal?</h3>
The New Deal was a series of programs and projects which were originated by President Franklin D. Roosevelt during the Great Depression that aimed to restore prosperity to Americans by revamping the American economic system.
President Roosevelt upon ascension of office introduced the New deal which was swift way to stabilize the economy and provide jobs and relief to those who were suffering.
The three R's of the new deal are
- Relief for the unemployed and for the poor
- Recovery of the economy back to normal levels,
- Reform of the financial system to prevent a repeat depression.
The major accomplishments of the new deal was that it restored a sense of security as it put people back to work. It also provided the framework for a regulatory state that could protect the interests of all Americans, both rich and poor.
Learn more about the New Deal at brainly.com/question/936437
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Answer:
a
Explanation:
Opportunity costs refers to the options that are lost when making a choice between many options. According to my research on opportunity costs in different situations, I can say that based on the information provided within the question the opportunity cost of this exchange the total value of the television, headphones, and bicycle. This is because by choosing the printer he is ultimately losing out on the opportunity of choosing any of the other three items.
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