The person then concludes that falling consumer prices leads to economic growth. This would be an example of "Confusing correlation and causation".
Correlation is the connection between two sets of variables used to depict or anticipate data. There is an emphasis here on relationship. Sometimes we can utilize relationship to discover causality, however not generally. Keep in mind that connection can either be certain or negative.
Causation, otherwise called cause and effect, is the point at which a watched occasion or activity seems to have caused a second occasion or activity.
b. monopolistic competition
c. monopoly
d. oligopoly
b. government services.
c. credit unions.
d. commercial banks.
true or false for the best control of both the accelerator and brake pedals rest the heel of your foot on the floor??
Answer:
The correct answer is:
Debit accounts payable, in the accounts payable subsidiary ledger, debit accounts payable in the general ledger, or credit purchases.
Explanation:
Returned merchandises are registered in the income statement. They reduce the revenues, the accounts receivable, and the accounts payable. For example, we might find it suitable to register them in the debit accounts payable to make a cleaner paper instead of adding them in the credit purchases because they could mix with elements that are important there, like purchasing operations. So, we need to identify the place we want to register the returns, considering the knowledge of the people that could review the books to not make it hard for them.