What's the common sense of accounting, how to learn it? How to use it into practical work?

Making an economically rational decision requires Select one: a. considering the prospective benefits and costs to oneself. b. always considering the long-run. c. avoiding opportunity cost. d. equal consideration for your own and others' welfare.

Which of the following can best be characterized as a subject of microeconomics?

Suppose the government implements a negative income tax plan to deal with the poverty problem. The negative income tax rate is set at 50%, and the break-even level of income is set at $5,000.

An individual bank can safely lend out a multiple of its excess reserves, but the banking system can safely lend out only an amount equal to the excess reserves in the banking system. (A) True (B) False

Which of the following statements about the labor market is correct? A. The employment contract specifies the level of work effort required from a worker. B. Paying more than is necessary to buy an employee's time is throwing away the money. C.

In some years, weather patterns have caused there to be few fish in local lakes, and anglers have gone elsewhere. also, invasive carp are threatening the lakes and may someday cause fish stocks to drop indefinitely.

Suppose your uncle purchased a bond that pays $100 in 5 years. If the interest rate is 6%, what is the present value of the bond? a. - 69. 37b. - 74.73c. - 97.54d. - 87.35e. - 80.11

True or false? John says to his friend, "This concert is going to cost me $20 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $20 since you have to miss work.

Tracy company, a manufacturer of air conditioners, sold 200 units to thomas company on november 17, 2016. the units have a list price of $550 each, but thomas was given a 25% trade discount. the terms of the sale were 2/10, n/30.

The following information for the past year for the Blaine Corporation has been provided: Fixed costs: Manufacturing $100,000 Marketing 22,000 Administrative 18,000 Variable costs: Manufacturing $114,000 Marketing 31,000 Administrative 40,000 During