yourbakedpotato101
17.04.2020 •
Business
On February 15, Jewel Company buys notes of Marcelo Corp. for $201,210. The investment is classified as long-term available-for-sale securities. This is the company’s first and only investment in available-for-sale securities. The journal entry to record the purchase on February 15 is:a. Debit Debt Investments—HTM $201,210; b. credit Cash $201,210. Debit Debt Investments—AFS $201,210; c. credit Notes Payable $201,210. Debit Debt Investments—Trading $201,210; d. credit Cash $201,210. Debit Debt Investments—Trading $201,210; e. credit Notes Payable $201,210. Debit Long-Term Investments—AFS $201,210; credit Cash $201,210.
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Ответ:
$180 billion
Explanation:
The consumption is an act of spending the money from an income. The marginal propensity to consume is the proportion increase in the amount that a consumer is spending. The savings then decline if the consumption increases. In the given scenario the consumption will not raise even if there is an increase in national income and taxes are kept fixed at previous level. This is because marginal propensity to consume is same.