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julia-pushkina [17]
1 year ago
8

If the federal reserve overstimulates the economy by increasing money growth too much, then inflation will?

Business
1 answer:
Semmy [17]1 year ago
5 0

If the federal reserve overstimulates the economy by increasing money growth too much, then inflation will create arbitrary redistributions of wealth.

Income and wealth redistribution refers to the transfer of income and wealth (including tangible property) from some people to others by a social mechanism such taxation, welfare, public assistance, land reform, monetary policy, confiscation, divorce, or tort law. Rather than redistribution between particular people, the word often refers to distribution over the entire economy.

Individual viewpoints, political agendas, and the selective use of statistics all influence how the word is understood. It is widely used in politics to describe the perception of wealth redistribution from those with more to those with less.

Rarely, however, is the phrase used to refer to laws or practices that force redistribution to go from the poor to the rich.

Learn more about redistribution here

brainly.com/question/20629451

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Penny is paid a gross wage of $2,648.00 on a monthly basis. She is single and is entitled to 2 withholding allowances. How much
Damm [24]

Answer:

The combined wage bracket tables in Exhibits 9-3 and 9-4 is missing hence I will use 2014 tax year

answer :

a) Federal income tax withheld

 = 75.6 + ( 1989.60 - 944 )*15%  = $232.44

b) social security

 6% * 1989.6 = $119.38

c) Medicare

1.45% * 1989.6 = $28.85

Explanation:

For a single individual

Two withholding allowance = $329.20 * 2  = $658.40

Gross Pay = $2648

withholding allowance = $658.40

Subject to withholding = $2648 - $658.40 = $1989.60

a) Federal income tax withheld

 = 75.6 + ( 1989.60 - 944 )*15%  = $232.44

b) social security

 6% * 1989.6 = $119.38

c) Medicare

1.45% * 1989.6 = $28.85

6 0
3 years ago
On May 1, 2017, ABC Company signed a contract to provide 1 year of marketing research services to Anderson Company starting on M
Anna71 [15]

Answer:

Debit          Cash Account                              $12,000

Credit         Unearned Revenues Account    $12,000

Being advance payment for marketing research services by Anderson

Explanation:

Revenue received before it is earned are reported as liability until it is earned, this is consistent with  accrual basis of accounting. when payment for service not yet performed or goods not yet delivered is received, such a payment must not recognized in the period of payment but in the period when that service is preformed or when the goods are delivered.  

The treatment for advance payment of income is a debit to cash or bank and a credit to unearned revenues account or income received in advance account.

6 0
3 years ago
Knowledge Check 01 Coolidge Company owes $1,000 for merchandise inventory purchased from Ross Company during April. The amount o
lubasha [3.4K]

Answer:

Journal Entry is as follows;

June 15

<em>DR</em> Accounts Payable <u>$1,000</u>

<em>CR</em> Cash <u>$400</u>

<em>CR</em> Notes Payable <u>$600</u>

7 0
3 years ago
The major levels of intensity at which a company can choose to distribute its products are __________ distribution.
Angelina_Jolie [31]

Answer:

Exclusive, selective, intensive

Explanation:

When a company markets its products it needs to choose carefully how it will distribute its products most effectively.

There is need for consideration of the cost and benefit associated with a level of distribution intensity because each one has associated cost like number of salespeople to drive the process.

There are 3 levels of intensity for distributing products

- Intensive or mass coverage is when products are distributed widely in all locations where product is sold. It is ideal for low priced goods that have a high demand.

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- Exclusive coverage is for higher end products targeted at a narrow market.

5 0
3 years ago
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Explanation:

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Therefore, it is appropriate to include as liabilities the total sums ($250,000) of the probable promised payout. Once the device is purchased, the retrofitting expenses should be paid, as they greatly boost future computer operation.

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