Answer:
The correct answer is letter "B": Contractionary and counter the effect of the recession.
Explanation:
A Contractionary Strategy is a macroeconomic tool for slowing an economy. There are three (3) main ways to implement a contractionary policy in a country: <em>increase interest rates, increase reserve requirements, </em>or <em>reduce the money supply</em>. Those changes are enacted by the central bank which is the Federal Reserve (Fed) in the U.S.
In the case given,<em> if there is a need to adjust the budget of a country because of a recession, the Federal government has to implement a contractionary policy to mitigate the effects of the recession.</em>
Answer:
The answer is 'add the deposit to the end cash balance per bank statement'
Explanation:
The company made a deposit on the last day of September and this was not recorded by the bank i.e it will not be shown on the bank statement at September 30. The company had already recorded this deposit in the cash book at office. This means the bank statement is less this deposit amount.
To correct this anomaly, the deposit that was not recorded by the bank will be added to the end cash balance as per bank statement.
Answer:
D. All of the above.
Explanation:
Arbitration refers to a process where a legal dispute is solved by using an impartial third party called the arbitrator (or arbitrators) that acts like a judge that will decide which party is correct. Since the arbitration process is generally voluntary, all the parties involve must agree to follow and respect the arbitrator's decision.
In order for an arbitration process to take place, the contract between the parties must include the arbitration clause and all the parties involved must have agreed to it by signing the contract. Rarely, arbitration can be mandatory because certain legal statues require it.
What should be the basic goal of a firm when it sets a level of output?
The firm should make sure that it maximizes its profits. Maximizing profits means they are making the most they possibly can with the items they are selling or services that are being offered. When they make their overall goals, they need to make sure they are going to be making as much as they possibly can to acheive their long-term goals.