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3 years ago

Suppose that the economy is in a recessionary gap. The appropriate countercyclical monetary policy is

Business

1 answer:

anastassius [24]3 years ago

6 0

Answer: expansionary monetary policy

Explanation:

Recession occurs when economic activities slowdown. In a recessionary gap, the actual gross domestic product of the economy will be less than the potential gross domestic product of the said economy.

In such scenario, the expansionary monetary policy will be used because it will bring about economic growth. Expansionary monetary policy is when there is a rise in the supply of money in the economy. Also, the interest rates are reduced and there is an increase in demand.

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Which statement BEST explains this investment?

wlad13 [49]

Answer:

I think that the answer is B, The The general likelihood of business success is very high.

Explanation:

I got it right on edgenuity

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3 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol

lilavasa [31]

Answer:

Given Below

Explanation:

Golden Eagle Company

General Journal 

Adjusting Entries December 31st 

Sr. No Particulars Debit Credit

1. Supplies Expense $ 1000 Dr.

Supplies Account $ 1000 Cr.

The supplies that were at the end of Nov have been used and new supplies purchased are still on hand.

2. Insurance Expense $ 1000 Dr.

Prepaid Insurance 1,000 Cr.

Insurance cost is $1,000 per month. Insurance of $1000 expired during the month of December.

3. Salaries Expense $ 14000 Dr.

Salaries Payable $ 14000 Cr.

Salaries for December owed for December are $14,000.

4. Unearned Revenue $ 500 Dr.

Revenue Earned $ 500 Cr.

Defered Revenue earned at the end of December.

3 0

2 years ago

Incremental budgeting allocates increased or decreased funds to a department by using the last budget period as a reference poin

zloy xaker [14]

Answer:

True

Explanation:

The incremental budget technique is an important management accounting technique, which is prepared by making minimal changes in the previous budget. The budget is designed by allocating funds by using the preceding budget as a reference point. Incremental budget encourages spending up to the budget. It also helps to make sure that a reasonable budget is allocated for the next period.

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3 years ago

Larkin Company accumulated the following standard cost data concerning product I-Tal.

Alex_Xolod [135]

Answer:

Standard cost per unit= $282.6

Explanation:

Giving the following information:

Direct materials per unit: 3.00 pounds at $4.20 per pound

Direct labor per unit: 9.00 hours at $12 per hour

Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $18.00 per direct labor hour

The standard cost per unit is the sum of direct material. direct labor, and allocated overhead:

Standard cost per unit= 3*4.2 + 9*12 + 9*18

Standard cost per unit= $282.6

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3 years ago

______________ specifies sales revenues and selling distribution and marketing costs.

frez [133]

To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.

3 0

2 years ago