_____ Can Temporarily Create Dislocations as Displaced Workers Try to Find

question 123

Multiple Choice

_____ can temporarily create dislocations as displaced workers try to find jobs elsewhere and,at the same time,make existing products more affordable.

• A)Technological change
• B)Changes in the rate of interest
• C)Population changes
• D)Changes in the price level
• E)An increase in public expenditure

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Definitions:

Cash

A company's currency or assets that can be immediately used for transactions or payments.

Supplies

Items that are used in the day-to-day operations of a business, often categorized as a current asset on the balance sheet.

Income Summary

The income summary account is used in accounting to transfer revenue and expense account balances to determine the net income or loss for a given period before closing them to the retained earnings account.

Owner's Capital

The amount of money and assets invested in a business by its owner, representing the owner's claim against the company's assets.