Answer:
Debit Credit
Aug 4 Cleaning Supplies 79
Accounts payable 79
(Innovation Supplies)
Aug 19 Office Equipment 4900
Accounts Payable 4900
(Office Warehouse)
Aug 23 Cleaning Supplies 209
Accounts Payable 209
( Rubble Supplies)
Explanation:
Monetary and fiscal policies are similar as they both target aggregate demand to overcome business fluctuations.
Option A is correct.
<h3>How do monetary and fiscal policies work together?</h3>
Fiscal policy affects aggregate demand through changes in government spending and taxation. These factors affect employment and household income, which in turn affect private consumption and investment. Monetary policy affects the amount of money in the economy that affects interest rates and inflation.
<h3>Is fiscal policy the same as monetary policy?</h3>
Fiscal policy is a policy enacted by the legislative branch of government. It deals with taxation and government spending. Monetary policy is enacted by the government's central bank. Address changes in a country's money supply by adjusting interest rates, reserves, and open market operations.
Learn more about Monetary policy:
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The answer to the above question is - Collecting Requirements.
Collecting requirements helps in clearly defining and providing information on the features and the function of the products products and the processes used for manufacturing or creating them.
Answer:
1. The cost formula for the gallery's costs for a year would be Total cost=$80,000+$500X
2. The total cost for Ben in a year with 12 opening shows Using the cost formula developed is $86,000
Explanation:
1. According to the given data the cost formula for the gallery's costs for a year would be as follows:
Total cost=Fixed costs+Variable costs for the level of activity
Total cost=$80,000+$500*number of opening shows
Total cost=$80,000+$500X
2. The total cost for Ben in a year with 12 opening shows Using the cost formula developed above would be as follows:
Total cost=$80,000+$500X
Total cost=$80,000+$500*12
Total cost=$80,000+$6,000
Total cost=$86,000
