Answer:
C. it has more power to affect the economy than any other institution
Explanation:
The FED manages the monetary policy affecting the economy's money supply. This in turn affects interest rates directly. It also has an enormous indirect influence on economic growth (it can stimulate it or cool it), currency value, value of stock markets, unemployment (directly related to economic growth), etc.
The FED is probably the institution that influences the economy the most.
Answer:
Below in the attached image is a well formatted solution to the above question as required
Answer:
Oct. 1, investment of $20,000 in real estate business
Dr Cash 20,000
Cr Common Stock 20,000
Oct. 3, office furniture purchased on account
Dr Office furniture 2,300
Cr Accounts payable - office furniture 2,300
Oct. 6, fees charged for real estate services
Dr Accounts receivable 3,600
Cr Fees earned 3,600
Oct 27, partial payment of accounts payable
Dr Accounts payable 850
Cr Cash 850
Oct. 30, salary paid to administrative assistant
Dr Wages and salaries expense $2,500
Cr Cash 2,500
Answer:
<em>This question includes the following options:
</em>
A. $2.00
B. $5000
C. $500
D. $3500
Determining how fast the nation's economy is growing requires comparing <em>1/4</em> of the nation's GDP to its previous quarter; sometimes the government increases spending during a recession to stimulate the economy. Thus the economic output of the nation is determined by the <em>GDP Growth</em>
.
GDP stands for <em>"Gross Domestic Product"</em> which means the value of all goods and services produced in a year nationwide; the <em>Spending GDP</em> includes the money spent by the public sector in public consumption and public investment such as education, infrastucture, healthcare, acquisition of goods etc.
The macro economy example above would have stable prices with a <em>$2.00</em> level for average price. Thereby the answer would be: A.
