What Is the Overall Effect on the Statement of Financial

question 12

Multiple Choice

What is the overall effect on the statement of financial position when the business sells inventory for a profit of $5,000?

• A)Increase total assets $3,000; decrease total equity $3,000.
• B)Increase total assets $5,000; increase total equity $5,000.
• C)No change in total assets; no change in total equity.
• D)None of the above.

Comprehend gender differences in the diagnosis of psychological disorders.

Identify the relationship between societal expectations/gender socialization and psychological disorders.

Describe the principles and criticism of feminist therapy in treating psychological disorders.

Acknowledge the impact of neurotransmitters in depression.

---

Definitions:

Production

The process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).

Keynes

refers to John Maynard Keynes, a British economist whose theories on the causes of prolonged unemployment and recommendations for government intervention in economies to stimulate demand and control inflation have had a significant influence on modern macroeconomics.

Aggregate Supply

The total supply of goods and services that firms in a national economy plan to sell during a specific time period.

Aggregate Demand

The total demand for goods and services within an economy at a given time and price level.