Using a perpetual inventory system, the effect on the accounting equation of purchasing merchandise on account includes a(n) . (Check all that apply.)

The economic system of the country that I live in is a mixed-market economy. My government maintains this economic system by allowing citizens to make many economic choices. The government responds to economic issues by attempting to provide more opportunities for citizens. Examples include lowering taxes to allow more funding for hiring new workers, or increasing education to help reduce the wealth gap.