On a balance sheet, short-term debts such as accounts payable are listed as
A) current liabilities. B) stockholder's equity.
C) goodwill. D) current assets.
A
You might also like to view...
Which of the following statements in the context of U.S. exports is true?
a. The U.S. exports products produced in the low wage industries. b. Primary products account for the largest share of U.S. exports to developed nations. c. The U.S. mainly exports labor intensive goods. d. Most U.S. exports are produced in high-wage industries. e. A bulk of U.S. exports to developing nations comprise of perishable commodities.
Assume that the government increases spending and finances the expenditures by borrowing in the domestic capital markets. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and the nominal value of the domestic currency in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period rises, and nominal value of the domestic currency rises. b. The quantity of real loanable funds per time period falls, and nominal value of the domestic currency rises. c. The quantity of real loanable funds per time period rises, and nominal value of the domestic currency remains the same. d. The quantity of real loanable funds per time period rises, and nominal value of the domestic currency falls. e. There is not enough information to determine what happens to these two macroeconomic variables.
Unions
a. do not affect the natural rate of unemployment. b. lower the wages of unionized workers. c. raise the profits of unionized firms. d. lower the wages of workers in industries without unions.
Real GDP and nominal GDP differ because the real GDP:
a. is adjusted for changes in the volume of intermediate transactions. b. includes the economic effects of international trade. c. has been adjusted for changes in the price level. d. excludes depreciation charges.