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3 years ago

If the fed believes the economy is about to fall into recession, it should

1 answer:

5 0

If the Fed believes the economy is about to fall into recession, it should use an expansionary monetary policy to lower the interest rate and shift AD to the right. When using an expansionary monetary policy a central bank will use its tools to stimulate the economy. They increase the supply of money, lower interest rates and increase aggregate demand.

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You are in a line at the bank drive-through and 9 cars are in front of you. You estimate that the clerk is taking about four min

omeli [17]

What i would do is multiply the 9 cars by 4 because I need to take the 4 minutes and apply it to all the cars in front of me. 9 x 4 = 36. I calculate that I would wait 36 mins for it to be my turn.

5 0

3 years ago

Obama Company has identified that Bill Clinton’s receivable account of $100 is uncollectible. What is the journal entry needed t

DerKrebs [107]

Answer:

Allowance for Doubtful Accounts 100 Accounts Receivable 100

Explanation:

The allowance method first estimates an allowance for doubtful debts.When the company receives the actual figure of the amount that have gone wrong, it writes off the trade receivable and utilizes the allowance provided for

When allowance is estimated

Bad Debts (debit)

Allowance for doubtful debts (credit)

When the actual figure of the amount that have gone wrong is obtained

Allowance for doubtful debts (debit)

Account Receivable (credit)

4 0

2 years ago

"Snoop Company sells collectibles. The following information summarizes Snoop Company's operating activities for the most recent

Mkey [24]

Answer:

The answer is $30000

Explanation:

$ $

Sales 195000

Less cost of sales

Opening stock 12000

Add purchases 97000

109000

Less closing stock 6000

103000

Gross profit 92000

Less operating expenses 62000

Operating income 30000

The operating income is $30000

4 0

3 years ago

Refer to Scenario 19.2. BASF has decided to offer discounts to its businesses customers in the form of the following: For each o

frutty [35]

Answer:

cumulative discounts

Explanation:

Options:

A) allowance
B )cash
C) seasonal
D) noncumulative
E) cumulative

A cumulative discount refers to a company offering a discount in the sales price of an item or items if the total purchase is higher than a certain threshold. It is similar to offering discounts for buying in bulk (which refers to quantity), only that this type of discount is offered to customers that purchase over a certain amount of money.

6 0

3 years ago

The DHSMV _________________________ is an enforcement sector that patrols state highways and ensures the safety of drivers and c

Nadusha1986 [10]

The DHSMV Division of the Florida Highway Patrol is an enforcement sector that patrols state highways and ensures the safety of drivers and citizens while on the road.

5 0

3 years ago

If the fed believes the economy is about to fall into​ recession, it should

If the fed believes the economy is about to fall into recession, it should