Match the term to the correct description. the total amount of goods produced in a country in a given time period

when GDP is increasing and there is low unemployment and inflation

measure of the price of one market basket of economic growth goods compared to another year's market basket; it is used to determine inflation

a rise in the average price level of all goods and services

economic study of a nation's economy and indicators of the health of an economy

when an individual is not currently employed, but searching for work

Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?

How do you know if two line segments are perpendicular?

Which of these is true about a mandated reporter