Meredith company gathered the following reconciling information in preparing its may bank reconciliation:

cash balance per books, 5/31 $2,500
deposits in transit 150
notes receivable and interest collected by bank 650
bank charge for check printing 40
outstanding checks 1,800
nsf check 140
the adjusted cash balance per books on may 31 is

1. $1,320.
2. $2,970.
3. $5,280.
4. $3,120.

answer(b) gdp is not affected by

scott's production of the jewelry box;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.