The correct answer for this question is: TRUE. The Federal Advisory Council of the Federal Reserve decides if any changes to the money supply are needed. It is one of the responsibilities of the Federal Advisory Council of the Federal Reserve regarding to money supply that is needed.
Answer:
A
Automatic stabilizers
Explanation:
These are necessary adjustments that are dependent on the state of the economy at particular times. An expanding economy is an economy in growth, there is a general feeling of stability and there is the mobility of funds around. Due to the presence and indication of growth, there is an increase in the amount of profits or gains made by the economy in general. Hence, government can decide to task more through tax.
However, in periods when there are indicators of an ailing economy, there should be a downward review of tax and the economy is weak at this state. Using the old taxing scheme during the good economy for now would result in an outcome that might further hurt business owners and push the economy more downwards.
Automatic stabilizers are just the mechanism through which the taxation at different times is adjusted
Answer:
Income statement
Sales Revenue $ 612,000
Variable Overhead cost $ (315,000)
Fixed manufacturing overhead <u>$ ( 126,000)</u>
Gross Profit $ 171,000
Variable Operating expenses $ ( 27,000)
Fixed Operating expenses <u>$( 93,000)</u>
Net Income $ 51,000
Explanation:
Income statement
Sales Revenue ( 9,000 units * $ 68) $ 612,000
Variable Overhead cost ( 9,000 * $ 35 ) $ (315,000)
Fixed manufacturing overhead <u>$ ( 126,000)</u>
Gross Profit $ 171,000
Variable Operating expenses ( $ 3 * 9000 units) $ ( 27,000)
Fixed Operating expenses <u>$( 93,000)</u>
Net Income $ 51,000
The ending cash balance will be $11,000.
$28,000- $12,000
$16,000
$16,000-$10,000
$6,000
$6,000+$5,000
$11,000
Decreases it By causing nutrients to wash away Explanation:
