All categories

2 years ago

Expansionary policies are intended to _ economic growth, and contractionary policies are intended to _ economic growth.

2 answers:

6 0

Answer: Expansionary policies are intended to increase economic growth, and contractionary policies are intended to decrease economic growth.

Explanation:

Expansionary policies refer to policies which aim at encouraging or increasing economic growth. The Central Bank makes use of these policies to increase the money supply in the economy thereby expanding it and lowers interest rates.

Contractionary policies refer to the policies used by the Central government to fight inflation and reduce government spending in the economy. These policies raise interest rate in the economy in order to make lending more expensive and as a result decrease economic growth of the nation.

Mars2501 [29]2 years ago

4 0

Expansionary policies are intended to ENCOURAGE / INCREASE economic growth, and contractionary policies are intended to REDUCE economic growth.

Expansionary policies increase the total supply of money in the economy. It is <span>used to combat unemployment in a recession by lowering interest rates.
</span>
Contractionary policies decrease the total money supply. It is used in <span>raising interest rates in order to combat inflation.</span>

You might be interested in

Suppose that the government decides to charge cola consumers an excise tax. Before the tax, the market is in equilibrium, where

Hitman42 [59]

Answer:

The answer is: The excise tax on cola beverages is $2 per case.

Explanation:

Excise taxes are taxes levied on certain goods or services.

In this case the price of cola beverages is $4 per case, since excise taxes are included in the price of the product, then the excise tax on cola beverages = price paid by consumers - price received by producers = $4 - $2 = $2

8 0

3 years ago

When the economy is at its highest level of expansion, it is said to have reached its _____. trough contraction peak none of the

Alex_Xolod [135]

When the economy has reached its peak

6 0

2 years ago

At year-end, Simple has cash of $ 22 comma 000, current accounts receivable of $ 80 comma 000, merchandise inventory of $ 24

oee [108]

Answer:

45.62 days

Explanation:

For computing the average number of days receivables, first, we have to calculate the account receivable ratio. The formula is shown below:

Account receivable ratio = Net credit sales ÷ Average accounts receivable

where,

Average account receivable = (Beginning account receivable balance + ending account receivable balance) ÷ 2

Now put these values to the above formula

So, the answer would be equal to

= $480,000 ÷ ($40,000 + $80,000 ÷ 2)

= $480,000 ÷ $60,000

= 8 times

Now, the average level of receivables equals to

= Total number of days in a year ÷ Account receivable ratio

= 365 days ÷ 8

= 45.62 days

5 0

2 years ago

Which of the following statements is false?

Paul [167]

Answer:

Explanation:

C. online retailing and in-store retailing experience similar rates of product return.

3 0

3 years ago

On March 14, Teal Co. accepted a 120-day, 6% note in the amount of $10,000 from AZC Co., a customer. On the due date of the note

Y_Kistochka [10]

Answer:a credit to Interest revenue for $200

Explanation:

Interest = Principal x rate x time ( period )

= $10,000 x 6% x 120/360

=$200

Account titles and explanation Debit Credit

Cash $10,200

Note receivable $10,000

Interest revenue $200

Therefore, The journal entry that Teal would make to record payment of this note would include a credit to Interest revenue for $200

5 0

2 years ago

Expansionary policies are intended to _____ economic growth, and contractionary policies are intended to _____ economic growth.

Expansionary policies are intended to _ economic growth, and contractionary policies are intended to _ economic growth.