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2 years ago

Which statement best describes how the Fed responds to recessions?

Business

1 answer:

slavikrds [6]2 years ago

7 0

The federal government responds to recession by increasing the money supply in a country.

<h3>What is Recession?</h3>

Recession is term used to describe a general economic contraction which is identified by a fall in the gross domestic product of a country.

Before a country is said to be in recession, the GDP of that country must have fallen in two successive quarters.

The feds respond to recession by increasing the money supply in order to stimulate the local economy.

Learn more about recession at brainly.com/question/1417711

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Loughry Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The

Andreyy89

Answer:

The correct option is D. $7,124

Explanation:

To compute the catering supplies amount, the following items need to be considered. along with this, the computation is also shown:

= Catering supplies + Job cost + meal cost

where,

Catering supplies are $530 per month

Job cost = Per job cost × expected number of jobs

= $114 × 25 jobs

= $2,850

Meal cost = Per meal cost × expected number of meals

= $16 × 234 meals

= $3,744

Now put these values to the above formula

So, the answer would be equal to

= $530 + $2,850 + $3,744

= $7,124

The actual activity is not consider. Thus, it is ignored.

Hence, The catering supplies in the flexible budget for October would be closest to $7,124

Therefore, the correct option is D. $7,124

5 0

3 years ago

Firms in the patented pharmaceutical industry earned an average return on net worth of 22 percent in 2006, compared with an aver

IrinaVladis [17]

Answer and Explanation:

The following theories of profit best explain the profits of pharma companies:

1. Risk bearing - The theory says the higher the risk, the higher the rewards. The pharma companies take huge risks in inventing a new drug, having trials and the getting FDA approvals.

2. Monopoly - If a new drug is approved, the pharma company gets a patent over it, which means that it will have an effective monopoly on that segment of the market.

3. Innovation - it states that innovation is what keeps a company ahead. And pharma industry is built on innovation. Pharma companies have to continuously find new drugs because once patents run out on existing drugs, there are no profits to be made.

3 0

3 years ago

Public provision..

LenaWriter [7]

I think it’s a and b are correct

3 0

2 years ago

6 factors of production pasta

noname [10]

The four categories of factors of production are land, labor, capital and entrepreneurship. So, things that fall into these four categories that involve the production of pasta include the factory, the skills of the workers, the machines used to produce it, the ingredients used to produce it and the entrepreneurship and investment of the business owner.

4 0

3 years ago

Blossom Company began operations in 2020 and determined its ending inventory at cost and at LCNRV at December 31, 2020, and Dece

Nat2105 [25]

Explanation:

The journal entries are as follows

On December 31, 2020

Cost of goods sold $24,650

To Allowance for reduction in inventory to NRV $24,650

(Being the cost of goods sold is recorded)

It is computed below:

= $379,880 - $355,230

= $24,650

On December 31, 2021

Allowance for reduction in inventory to NRV $3,640

To Cost of goods sold $3,640

(Being the allowance for reduction is recorded)

It is computed below:

= $24,650 - ($445,440 - $424,430)

= $24,650 - $21,010

= $3,640

6 0

3 years ago