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3 years ago

Which of the following describes the expected outcome of expansionary monetary policy in the short run?

Business

1 answer:

Vaselesa [24]3 years ago

7 0

Answer:

The correct answer is letter "A": higher employment, higher output, and a higher price level.

Explanation:

Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.

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To speed the process of surveying, surveyors use brass metal plates to record important information. The benchmarks, as they are

alexdok [17]

Answer: Construction surveys are those surveys that provide line and grade.

Explanation:

Benchmarks for surveying the construction site involves the fixed reference point along with a precisely published elevation levels. In the given condition, the brass metal plate is used to record and measure parameters from the set benchmark. This will save the time of the survey.

3 0

3 years ago

At Cost At Retail Inventory, February 1, 2020 $89,550 $99,500 Markdowns 35,000 Markups 63,500 Markdown cancellations 20,500 Mark

Taya2010 [7]

Answer:

$73570

Explanation:

See attached file

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2 years ago

Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning invento

lakkis [162]

Answer:

Ending inventory cost= $5,556.92

Explanation:

Giving the following information:

Mar. 1 Beginning inventory 900 $ 7.26

Mar. 10 Purchase 520 7.76

Mar. 16 Purchase 452 8.36

Mar. 23 Purchase 510 9.06

Units sold= 1,760

<u>Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the costs of the last units incorporated into inventory:</u>

<u></u>

Units in ending invnetory= 2,382 - 1760= 622

Ending inventory cost= 510*9.06 + 112*8.36

Ending inventory cost= $5,556.92

3 0

2 years ago

Inventory 12/31/17 $59,030 Cost of Goods Sold $224,679 Common Stock 76,110 Selling Expenses 16,230 Retained Earnings 45,580 Admi

Pavlova-9 [17]

Answer:

Prepare closing entries for Wildhorse Co. on December 31, 2017

Explanation:

Sales revenue 417.650

Sales discount 15.020

Cost of goods 224.679

Selling expense 16.320

Administrative expense 38.719

Income tax expense 30.480

sales return and allowance 11.914

retained earnings 104.346

5 0

3 years ago

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3 years ago