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zalisa [80]
3 years ago
13

Using policy to stabilize the economy The government has the ability to influence the level of output in the short run using mon

etary and fiscal policy. There is some disagreement as to whether the government should attempt to stabilize the economy.
1. Which of the following are arguments in favor of active stabilization policy by the government?
A. Businesses make investment plans many months in advance.
B. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates.
C. The current tax system acts as an automatic stabilizer.
D. Changes in government purchases and taxation must be passed by both houses of Congress and signed by the president.
2.Which of the following are examples of automatic stabilizers?
A. The federal funds rate.
B. Unemployment insurance benefits.
C. Corporate income taxes.
Business
1 answer:
Marta_Voda [28]3 years ago
5 0
Eu sou feliz e você? Businesses letra C.
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Streep Factory provides a 2-year warranty with one of its products which was first sold in 2017. Streep sold $1,000,000 of produ
Brut [27]

Answer:

accounts receivable   1,000,000 debit

   sales revenues                       1,000,000 credit

------------------------------

warrant  expense    125,000 debit

        warrant liability              125,000 credit

-----------------------------

warranty liability       70,000 debit

             Inventory                       70,000 credit

Explanation:

The sales will be recorded as usual

Then we will recognize based on the company's expectation a warrant liability for 125,000 and a warrant expense for the same value

When the customer claims the warrant we will decrease the liaibility and also inventory as we are replacing the good so it is inventory account which decreases.

The reason why we do this treatment is to avoid charging expenses for the 2017 sales i nthe subsequent period (2019 and 2019) which vilates the matching principles.

4 0
3 years ago
100 POINTS** How does the book " Sounder " Represent Christianity?
xz_007 [3.2K]

William H. Armstrong was the native of Lexington, Shenandoah Valley. he mentioned his school days and about the church in the book "Sounder".

<h3>What was mentioned in the "Sounder" book about the Christianity?</h3>

Armstrong changed his mind about the Bible. He has so many questions about that, due to which he start writing his own books to find the answers.

His main interest was to write about the questions of young and old people related to the Bible.

He appeals to various ages and Christianity.

Learn more about the book Sounder here:-

brainly.com/question/20630493

#SPJ1

5 0
2 years ago
Dave manages a Shoney's restaurant. He is considering staying open later in the evening. For Dave, the variable costs associated
UNO [17]

Answer:

The correct option is C, rent on the restaurant building

Explanation:

The ingredients used in preparing food is variable cost as it varies with the number of plates of food prepared.

Hours worked by cooks determine how much they are paid since the longer they stay the higher the pay,hence it is a variable cost.

The rent on the restaurant building stay the same regardless of opening hours ,hence it is fixed not variable cost.

The energy costs varies with the number of opening hours, it is a variable cost.

The hours worked by servers determine how their take-home would be ,as a result it is a variable cost.

7 0
3 years ago
When resources are scarce, power differences across subunits are _________; when resources are plentiful, subunit power differen
lilavasa [31]

Answer:

The correct answer is letter "A": magnified, reduced.

Explanation:

Scarcity does not only represent individuals having to sacrifice some of their needs to fulfill others because resources are limited. Scarcity can also represent the reason for dispute between social levels. When resources are scarce and one social stratum has more access to it, differences will increase. The opposite happens when the resources are allocated properly between them: differences are likely to be reduced.

4 0
3 years ago
What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?
icang [17]

Answer:

a. Demand will increase.

b. Demand will increase.

c. Demand will increase.  

d. Demand will decline.

e. Demand will increase.

Explanation:

a. If small automobiles become more fashionable, people will prefer them more. This will lead to an increase in demand for autos.  

b. If there is an increase in the price of large automobiles and the price of the small automobiles remain the same, people will prefer the cheaper substitutes. This will cause the demand for small automobiles to increase.  

c. Inferior goods have a negative income effect. SO, when income declines the demand for small autos will increase and vice versa.  

d. If consumers expect the price of small autos to fall in the near future, they will hold their money to buy autos when their price fall. This will cause the current demand to fall.  

e. When the price of gasoline drops it will become cheaper to use autos. This will lead to an increase in demand for autos.

8 0
3 years ago
Read 2 more answers
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