Answer:
A) following an expansionary monetary policy.
Explanation:
Central Bank through the Federal Reserve can influence money supply in the economy. If it causes the money supply to increase while keeping the aggregate demand constant, it is following an expansionary monetary policy. This can occur in various ways like through decreasing interest rates, buying bonds in the open market operations; known as quantitative easing, or by lowering the reserve requirement ratio for banks and other financial institutions.
1. Annual percentage rate
2. Secured card
3. Cash advance
4. Balance transfer
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Answer:
b. short-run ups and downs of the economy.
Explanation:
Cyclical unemployment is a form of employment that occurs as a result of fluctuations in the economy.
When there's a downturn in the economy, unemployment increases and It falls when there's a boom.
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Answer:
The $5,400 is the amount should Bad Brads BBQ record the equipment.
Explanation:
According to the Generally Accepted Accounting Principles (GAAP), the amount of asset is recorded at cost or fair market value which ever is lower.
The motive behind this is to present the financial statement in true and fair value rather than mislead values.
Since in the given question, the equipment purchase cost is $5,000 and shipping charges is $400.
So,
The total cost is = Purchase cost + shipping charges
= $5,000 + $400
= $5,400
And, the fair market value is $7,000.
By using the above explanation, the $5400 is the lesser amount than the $7,000.
Hence, the $5,400 is the amount should Bad Brads BBQ record the equipment.
