An increase in accrued wages during the accounting period represents an increase in cash.

a. true
b. false


Answer: a. true

Economics

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Federal and state governments in the United States pay for ________ of health care spending

A) less than 10 percent B) approximately 34 percent C) just over half D) more than 80 percent

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Define the factor of production called capital. Give three examples of capital, different from those in the chapter. Distinguish between the factor of production capital and financial capital

What will be an ideal response?

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China is trying to move its banking system from being strictly ________ owned by having them issue shares overseas

A) state B) domestic investor C) depositor D) domestic corporate

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Voters' Ordered PreferencesAbbyBobCarloPublic parksPublic zooPublic transportationPublic zooPublic transportationPublic parksPublic transportationPublic parksPublic zooIf a pair-wise majority vote was held, the voters' preferences are shown in the table, and Abby is setting the agenda for votes, which pair will she put up for voteĀ first?

A. Public transportation and public zoo B. Public parks and transportation C. Public zoo and public parks D. It will not matter, as it will not affect the outcome of the voting.

Economics