Determine the changes in fund balance
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What are the three basic economic questions? How are decisions made differently in a market economy than in planned economies?
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How would you use the concept of comparative advantage to argue for reducing restrictions on trade between countries?
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Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance and a Balance Sheet.
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List some things that you need. Then ask yourself if you would still want some of those things if the price were five times higher.
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