Answer:
A side benefit of international trade is that it links national interests and increases the opportunity costs of war.
True
Answer:
Explanation:
The journal entries are shown below:
1. Sales revenue A/c Dr $128,000
To Sales return and Allowances $128,000
(Being return sales is recorded)
The computation is shown below:
= Recorded sales × estimated returned percentage - experienced returns
= $10,600,000 × 8% - $720,000
= $848,000 - $720,000
= $128,000
2. Inventory A/c Dr $76,800 ($128,000 × 60%)
To Cost of goods sold $76,800
(Being returned cost of goods sold recorded)
Answer:
1)
B. more reserves, thus increasing the money multiplier and increasing the money supply.
In a fractional-reserve banking system, banks create money when they make loans. The more money they have available to make loans, the more money they create.
If the Fed reduces the reserve-requirements, banks will have more reserves available to loan out, increasing the money multiplier, and thus, the money supply.
2)
A. rarely changes the reserve requirement and does not use the reserve requirement as a major monetary policy tool.
The Fed rarely uses this monetary policy tool because it is the most powerful one. Changing the reserve requirements effectively reduce or increase the money supply like no other monetary policy tool, therefore, the effects can be dramatic, and its use is a sign that all other tools have been exhausted (open-market operations, and discount window mainly).
Explanation:
Answer:
Some environmentalists believe the allowances give firms a license to pollute.
Explanation:
It is very easy "to buy a permission" to pollute instead of change the cause of this pollution.
Answer:
They allow government to make some economic decisions.
Explanation:
Please mark brainliest and have a great day!
