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3 years ago

Blank is a tool of monetary policy in which the Federal Reserve buys and sells blank

1 answer:

6 0

Open market operations, U.S. governmental securities.

Open market operations is a tool of monetary policy in which the Federal Reserve buys and sells U.S. governmental securities. This process allows the Federal Reserve to control how much currency (USD) is circulating in the US economy, which impacts the supply and therefore demand for USD and the corresponding value of such USD.

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Assume that Global Cleaning Service performed cleaning services for a department store on account for $180. How would this tran

tamaranim1 [39]

Answer:

(B) Increase both assets and equity by $180

Explanation:

The transaction analysis model tells us that:

Assets = Liabilities + Owner's Equity

Owner's equity = Contributed Capital + Retained Earnings

Retained Earnings = Net Income − Dividends

and

Net Income = Income − Expenses

The expanded accounting equation is obtain if all substitutions are made:

Asset = Liabilities + Contributed Capital + Income – Expenses − Dividends

In the Global Cleaning Service`s case:

Assets are increased either because the service is collected or is an account receivable. As the service provided is a revenue (income) is part of the Owner's Equity that also increase. Both, Asset and Owner's Equity, increase in 180.

7 0

3 years ago

________ is the maximum amount of a product that sellers are willing and able to provide for sale over a relevant range of price

timofeeve [1]

Answer:

Supply

Explanation:

6 0

3 years ago

Read 2 more answers

n July 1, 2020, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $4,200,000. The county

Alexus [3.1K]

Answer:

Prepare journal entries to record the tax levy on July 1, 2020, in the General Fund. (Ignore all entries in the governmental activities journal.)

Dr Taxes receivable - current 4,200,000

Cr Allowance for uncollectible current taxes 84,000

Cr Revenues 4,116,000

Prepare a summary journal entry to record the collection of current taxes as of April 30.

Dr Cash 3,900,000

Cr Taxes receivable - current 3,900,000

Prepare a summary journal entry to record the collection of delinquent taxes, interest, and penalties.

Dr Cash 57,800

Cr Taxes receivable - delinquent 53,000

Cr Interest and penalties receivable 4,800

Dr Deferred inflows of resources 57,800

Cr Revenue 57,800

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3 years ago

All potential customers who have similar characteristics are considered a market. True or false.

marta [7]

Answer: True

Explanation: A market is a gathering of potential buyers who are looking to purchase a good or service, and prospective sellers who are willing to provide these goods or services. If customers have similar needs and characteristics for why they require a product, then these customers can be classified under the same market. This makes it easier to supply similar goods to a vast majority of customers who have the same needs for the good. They can be placed into a homogenous market, which is a market place where the goods traded are roughly the same throughout.

8 0

3 years ago

How did my account get reset

harkovskaia [24]

Answer:

they somtimes do that to help the site

Explanation:

6 0

3 years ago