Answer: Data
Look at what is shows the cycle graph and that
Answer:
a. money demand falls, so the interest rate rises.
Explanation:
As Real GDP declines means decline in overall demand that will lead to lower money demand , so as demand is lower for money the interest rate should decline. This is the expected behaviour of the economy.
Answer:
The correct answer to the following question is D) interest rates would be increased by the government when there is almost full employment in the economy.
Explanation:
When in the economy, business are producing close to productivity and in the nation there is almost full employment , then it can be said that the economy is booming . Which means there is good amount of money supply in the economy and people are spending robustly and that means the demand is high , which ultimately tells that the prices of goods and services are high.
So to cut the prices, government will increase the interest rate which will lead to the increase in cost of borrowing, and that will cause decrease in money supply and demand will ultimately fall, which leads to decrease in prices of goods and services.
Answer:
May-15. Dr Merchandise inventory 40000
Cr Accounts payable 40000
( To record purchase of inventory)
May-17. Dr Merchandise inventory 310
Cash 310
(To record payment of freight of shipment)
May-20. Dr Accounts payable 800
Cr Merchandise inventory 800
( To record purchase return of inventory)
May-24. Dr Accounts payable (40000-800) 39200
Cr Cash 39200
( To record payment in full of inventory purchase)
Answer:
Option D. It prepares employees for different positions and jobs that do not exist yet.
Explanation:
The reason is that employee development plan is to equip the existing employee with the skills that will result in increase in the employability and promotion. This will also result in increased motivation, efficiency gaining, better employee decision making, increased employability, promotions, etc. This is more in cards for employees than the employers. Thatswhy it is termed employee development programs.
