All categories

2 years ago

The purpose of an expansionary monetary policy is to shift the.

Business

1 answer:

love history [14]2 years ago

8 0

The goal of expansionary monetary policy is to push the aggregate demand curve to the right.

<h3>What Exactly Is an Expansionary Policy?</h3>

Expansionary, or loose, the policy is a type of macroeconomic policy that aims to stimulate economic growth. The expansionary policy can take the form of either monetary or fiscal policy (or a combination of the two). It is part of the overarching policy prescription of Keynesian economics to be used during economic slowdowns and recessions to reduce the negative effects of economic cycles.

The purpose of expansionary policy is to stimulate the economy by increasing demand through monetary and fiscal stimulus. The expansionary policy aims to avoid or mitigate economic downturns and recessions.

For more information about Expansionary Policy refer to the link:

brainly.com/question/23931141

#SPJ1

You might be interested in

Squeaky Shine provides car washing services in Jersey City, New Jersey. A three-month pass for automatic car wash sells for $60,

soldi70 [24.7K]

Answer:

Explanation:

1. The journal entries are shown below:

On December 1

Cash A/c Dr $1,260

To Deferred Service Revenue $1,260

(Being cash is received)

On December 31, 2016

Deferred Service Revenue $420 ($1,260 ÷ 3 months)

To Service revenue $420

(Being service revenue is recorded)

2. Income statement

Earned income from car washing services $420

Balance sheet

Assets

Cash $1,260

Liabilities

Deferred Service Revenue $840 ($1,260 - $420)

7 0

3 years ago

Any effort by the Federal Trade Commission (FTC) to evaluate expected deceptive marketing practices would be seriously flawed be

Llana [10]

Answer:

True

Explanation:

This is true because the Federal Trade commission(FTC) analyze and investigate a seller or sellers who may be so cooperative as to make agreements that ensure large amounts of profit for them which is likely harmful and exploitative to consumers . FTC investigates business mergers which may be horizontal or vertical that are likely done for the purpose of increasing market share and fostering a sort of monopoly of the market. However, mergers and cooperation among businesses in the market do not always yield a monopoly and the FTC may be wrong(sometimes) to wave mergers that could increase the quality of goods or services in a market

7 0

3 years ago

The following information pertains to Crane Video Company:1. Cash balance per bank, July 31, $7,263.2. July bank service charge

My name is Ann [436]

Answer:

A. Prepare a bank reconciliation at July 31.

Crane Video Company

Bank Reconciliation

July 31

Cash balance per bank statement $7,263

Add: Deposits in transit 1300

8,563

Less: Outstanding checks 591

Adjusted cash balance per bank $7,972

Cash balance per books $7,284

Add: Collection of N/R ($700 plus

accrued interest $36 less collection

fee $20) 716

8,000

Less: Bank service charge 28

Adjusted cash balance per books $7,972

B. Journalize the adjusting entries at July 31 on the books of Crane Video Company.

The adjusting entry would be,

Date Account Title Debit Credit

Jul 31 Cash 716

Miscellaneous Expense 20

Notes Receivable 700

Interest Revenue 36

(to record Collection of N/R ($700 plus accrued interest $36 less collection fee $20)

31 Miscellaneous Expense 28

Cash 28

(to record bank service charge)

5 0

4 years ago

You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of

NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962 invested for 11 years at 4.9% p.a

FV = ? P=37,599.81, n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0

3 years ago

Baker’s Financial Planners purchased seven new computers for $970 each. It received a 20% discount because it purchased more tha

yawa3891 [41]

Answer:

Check: 5,269.04

Explanation:

We will multiply each computer by the list price. Then, apply the order discount of 20%. Finally the invoice discount of 3% for payment within 10 days

7 computer x 970 dollars each = 6,790

20% Discount for quantity:

6,790 x 20% (1,358)

Invoice nominal: 5,432

discount within the first 10 days:

5,432 x 3% (162.96)

final amount: 5,269.04

4 0

3 years ago