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Triss [41]
3 years ago
6

In November 2008, the Reserve Bank of India (RBI) lowered its "repo" rate, the rate at which it lends to banks, from 8 percent t

o 7.5 percent. Only two weeks earlier, it had lowered the rate from 9 percent to 8 percent.The Economist, 11/6/2008The Reserve Bank of India is lowering its rates to fightinflation.recession.a decrease in money demand.rising net exports.
Business
1 answer:
Elan Coil [88]3 years ago
7 0

Answer:

The correct answer to the following question is option B) Recession.

Explanation:

The reserve bank of India ( RBI ) has been lowering its repo rate ( which is the rate at which it lends to banks ) to counter the problem of recession in the economy. The aim here is to apply the expansionary monetary policy, in which the money supply in the economy would be increased by cutting down the interest rate, which will lead to decrease in cost of borrowing and increase in investment . The government would also increase its spending.

You might be interested in
List the different types of market structures that big data benefits the least and benefits the most.
choli [55]
The market structures that most benefit from Big Data are the competition Monopolistic, which is a type of imperfect competition such that many producers sell products in a market but the products are not identical (heterogeneous products), and they differ from each other by the brand, the quality or the location. In monopolistic competition, a firm takes the prices of its rivals as data and ignores the impact of its own prices on the prices of other companies; and Oligopoly, a market structure in which there are few relevant competitors. Each of them has a certain capacity to influence the market variables (such as price and equilibrium quantity), on the other hand, the one that benefit the least from Big Data is the monopoly, as it is a market structure where there is a single offer a certain good or service, that is, a single company dominates the entire supply market.
5 0
4 years ago
You just received an email from a coworker letting you know that some of your friends are going to get together after work and g
Katarina [22]

Answer:

You should reply.

Explanation:

If you're interested, then tell them that you are interested. If you aren't interested, then tell them that you aren't interested. I hope this helps!

6 0
2 years ago
On June 25, Gallatin Repair Service extended an offer of $123,000 for land that had been priced for sale at $141,000. On July 9,
Sedbober [7]

Answer: $134,000

Explanation:

The value that the land should be recorded in Easy Repair Service records will be $134,000 because it was the counter offer and the price paid by Easy Repair in the acquisition of the land, therefore this should be the value of the land.

The value for the acquisition of land include all expenses that were also involved when buying the land like the legal fees on the land etc but in this scenario, only the $134,000 was provided, hence, that's the answer.

7 0
3 years ago
At the beginning of the year, Carson Company reported total current assets of $658,000 and total assets of $2,450,000. Carson re
ehidna [41]

Answer:

Total Asset Turnover: 2.2857

Explanation:

                           <u>Total Assets</u>    

       

Begininng Balance           2,450,000        

       

Ending Balance              2,800,000          

       

Period activity                      350,000    

       

<u>Sales:</u> 6,000,000      

       

<em><u>Total Asset Turnover</u></em>:          <u>         </u><em><u> Sales   </u></em>

<em>                                               Average Total Assets</em>

<u>                  6,000,000               </u>

( 2,450,000 + 2,800,000 )  / 2

=

<u>6,000,000</u>

2,625,000

=

<u>2.2857</u>

4 0
3 years ago
In the current year, Ellen sold investment stock that she had owned for five years. The sale generated a loss of $5,000. Assumin
Harrizon [31]

Answer:

Thecoreect answer is

Ellen can deduct $3,000 for AGI

good luck

6 0
4 years ago
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