Warren Company began the accounting period with a $54,000 debit balance in its accounts receivable account. During the accounting period, the company recorded revenue on account amounting to $120,000. The accounts receivable account at the end of the accounting period contained a $27,000 debit balance. Based on this information, what is the amount of cash collected from customers during the period?

Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.