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gizmo_the_mogwai [7]
2 years ago
14

The purpose of expansionary monetary policy is to increase:.

Business
1 answer:
weqwewe [10]2 years ago
4 0

The purpose of expansionary monetary policy is to grow the economy, particularly in times of economic trouble.

<h3>What is Monetary Policy?</h3>

Monetary policy consists of management of money supply and interest rates, aimed at achieving macroeconomic objectives like inflation and liquidity.

These are achieved by actions such as modifying the interest rate, buying or selling government bonds and changing the amount of money banks are required to maintain as reserves.

Hence, the purpose of expansionary monetary policy is to grow the economy, particularly in times of economic trouble.

Learn more about Monetary Policy here : brainly.com/question/2417605

#SPJ1

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You are an engineering technologist employed by H. L. Winman and Associates, and you are engaged in a lake-level measurement pro
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Answer:

Answer is explained in the explanation section.

Explanation:

Hektic America Inc.

Customer Service Representative

Date: Jan 23rd, 2021    (You can add your date accordingly)

21 Lincoln St., Chester, Mass.

Dear Concern,

This is to inform you that, we have been buying your product Hektik Model 370 Water Stage Manometer order No. 26019 since a long. It is unfortunate to inform you that, it is not working up to the mark. We further can not rely on this product, as it stop working at critical moments. It's spring and drive assembly have been exhausted and it needs replacement. It has broke down several times. Unfortunately, we can not continue using this product, as it has severe repercussions on our company. Therefore, it is highly requested to replace this product with a genuine one and free of charge. Otherwise, we will be compelled to change the supplier of this product for our company.  

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7 0
3 years ago
The prepaid insurance account had a beginning balance of $4,500 and was debited for $16,600 of premiums paid during the year. Jo
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Answer:

prepaid expense 15,500 debit

prepaid insurance 15,500 credit

Explanation:

<em>The amount of unexpired insurance will be the ending balance of the account</em>

4,500 debit

+ 16,600 premium paid

+/- adjustment

5,600 ending

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KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is a
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Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

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A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

= $1696

Subtract this from her total job benefits,

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= $39,304

$39,304 was her total employment compensation.

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The "Four C's of Credit" are
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Credit, capacity, collateral, and capital
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