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1 year ago

If an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include?

1 answer:

5 0

As an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include an increase in transfer payments.

Monetary increase refers to a boom in the size of a country's economy over a period of time. the scale of an economic system is commonly measured by the entire manufacturing of products and services inside the financial system, which is called gross home product (GDP). the financial increase may be measured in 'nominal' or 'real' terms.

The financial increase is a growth in the manufacturing of goods and offerings in a financial system. increases in capital goods, labor force, generation, and human capital can all contribute to the monetary increase.

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Suppose a country has a money demand function ( M/P )^d = kY , where k is a constant parameter. The money supply grows by 12 per

mote1985 [20]

Answer:

Part A)

Inflation Rate = 12% - 4%

Inflation rate = 8%

Part B)

If the genuine income was higher, the expansion level would diminish subject to the buyer's spending limitations. As such, they will make a similar measure of cash yet their buying power per dollar will increase.

Part C)

in the current scenario, increment in cash would cause the expansion rate to increment. On the off chance that we consider the past and occasions, for example, hyperinflation, take a gander at what the reason was. Governments were printing cash to pay obligations, which was diminishing the estimation of their money. Right now, would get paid and race to the store to go through their cash in light of the fact that their dollars today may just be worth 50 pennies tomorrow or at times, the following hour. Thus, our answer is if the speed of cash continues developing, expansion will continue developing also. These two factors are star repetitive with one another significance they move together.

5 0

3 years ago

Manufacturing uses normal costing for its job-costing system, which has two direct-cost categories (direct materials and dire

Anvisha [2.4K]

Answer:

Results are below.

Explanation:

Giving the following information:

Total manufacturing costs, $8,450,000

Manufacturing overhead allocated, $3,750,000 (allocated at a rate of 250% of direct manufacturing labor costs)

Work-in-process inventory on January 1, 2017, $390,000

Cost of finished goods manufactured, $8,020,000

<u>First, we need to calculate the direct material and direct labor:</u>

Direct labor= Manufacturing overhead allocated/2.5

Direct labor= 3,375,000 / 2.5

Direct labor= $1,350,000

Total manufacturing costs= Direct material + direct labor + allocated overhead

8,450,000= Direct material + 1,350,000 + 3,375,000

Direct material= $3,725,000

<u>Finally, the ending work-in-process:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

8,020,000= 390,000 + 8,450,000 - Ending WIP

Ending WIP= $820,000

3 0

3 years ago

Harlen Company is involved in a competitive bidding situation. The following costs are anticipated for a project to be bid with

erica [24]

Answer:

C. $1,370,000

Explanation:

Calculation to determine the cost figures that should be used in setting a minimum bid price if Harlen has excess capacity

Direct material $340,000

Direct labor $610,000

Allocated variable overhead $420,000

Minimum bid price $1,370,000

($340,000+$610,000+$420,000)

Therefore the cost figures that should be used in setting a minimum bid price if Harlen has excess capacity is $1,370,000

4 0

3 years ago

What caused the unintended consequence of "there's no such thing as shovel-ready projects?"

Misha Larkins [42]

Answer:

A) Any of these causes could be a reasonable answer.

Explanation:

When the government needs to spend money on service projects or products, there are many roadblocks in the way.

1. The US House has the "power of the purse," because All Bills for raising Revenue shall originate in the House of Representatives (U.S. Constitution, Art. I, sect. 7)

2. Most State Governments have to approve contracts and vet private industries to complete public works projects.

3. Like all business structures,all of the factors of production need to be in place before work can begin.

4 0

4 years ago

A firm is considering investing in a new machine that will last for 6 years. They expect the new machine to initially reduce the

Julli [10]

Answer:

-$155,000

Explanation:

The quantity of inventory that would be reduced= -105000

The decrease in parts inventory = 10000

Decrease from year 1 to 6 = -10000*6

= -60000

Then the net working capital

= 105000 + 10000 - 60000

= $155000

Therefore the net working capital for this project in the sixth year is = -$155000

4 0

3 years ago

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