If Total Liabilities Decreased by $75,000 and Stockholders' Equity Decreased

question 107

Multiple Choice

If total liabilities decreased by $75,000 and stockholders' equity decreased by $25,000 during a period of time, then total assets must change by what amount and direction during that same period?

• A) $100,000 increase
• B) $50,000 decrease
• C) $100,000 decrease
• D) -$50,000 decrease

Identify the sociological perspectives most associated with the promotion of family stability through sexual norms.

Explain the social constructionist perspective on sexual identity and the process of coming out.

Evaluate the impact of the Internet on sexual behavior.

Discuss how sexual identity is regulated by social institutions and the enforcement of certain sexual behaviors as desirable.

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Definitions:

Consumption

The consumption of products and services by individuals in a household.

Impossibility Theorem

A proposition demonstrated by Kenneth Arrow showing that no system of aggregating individual preferences into social decisions will always yield consistent, nonarbitrary results.

Voting Paradox

A simple demonstration of how majority-rule voting can lead to seemingly contradictory and inconsistent results. A commonly cited illustration of the kind of inconsistency described in the impossibility theorem.

Social Choice

The problem of deciding what society wants. The process of adding up individual preferences to make a choice for society as a whole.