Answer:
A. The country has a high inflation rate and rapid economic growth.
Explanation:
A contractionary monetary policy aims at limiting the amount of money supply in the economy. Contractionary monetary policies discourage banks from lending out money to businesses and households. If firms and individuals have no easy access to credit, the level of investments and consumption declines, resulting in slower economic growth.
Contractionary monetary policies are also used to tame a high inflation rate. Inflation is the general increase in prices in the economy. It may arise due to a high economic growth rate. Because contractionary policies decrease the supply of money in the economy, less liquidity reduces the aggregate demand, thereby curbing increasing prices.
Answer:
An area with younger people will have a higher demand for rentals and a lower demand for buying.- D.
<span>A corporation must register as a </span><span><span>foreign corporation </span>in every state in which it operates other than its state of incorporation
</span>
Answer:
The beta is 1
Explanation:
The computation of beta using the CAPM model is shown below:
As we know that
Expected rate of return = Risk free rate of return + Beta × Market risk premium
9.5% = 5% + Beta × 9.0%
9.5% - 5% = Beta × 9.0%
9.0% = Beta × 9.0%
So, the beta is 1
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The statement is true.
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.
For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.
When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.
<em>Your question is incomplete. Please read below to find the missing content.</em>
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.
TRUE
FALSE
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