1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harkovskaia [24]
3 years ago
14

John Maynard Keynes recommends active fiscal and monetary policy, so that the government can stimulate the economy when necessar

y. Our text observes that as a result of active fiscal policy:A. there will be stimulation of the economy in the short and long run.B. there may be stimulation of the economy in the long run, but there will be harmful effects to the economy in the short run.C. there will be harmful effects in the short and long run.D. there may be stimulation of the economy in the short run, but there will be harmful effects to the economy in the long run.
Business
1 answer:
irinina [24]3 years ago
5 0

Result of active fiscal policy : there may be stimulation of the economy in the short run, but there will be harmful effects to the economy in the long run.

Explanation:

Active fiscal policy implies that Congress and the President are actively attempting to shift the trajectory of the economy by adjustments in taxes and/or government expenditure.

In an open market, monetary policy often influences the rate of exchange and trade balance.

Moreover, in the long term, the development of international debt, which stems from large government expenditures, can lead investors to mistrust US assets which may trigger the exchange rate to fall.

You might be interested in
If the price of a product increases rev: 05_10_2018 Multiple Choice total revenue will definitely increase. consumer surplus wil
Gekata [30.6K]

Answer:

consumer surplus will decrease.

Explanation:

Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.

On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.

For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30

Initial consumer surplus= 50- 30= $20

Assume bmarket price increase to $40

The new consumer surplus is= 50- 40

Present consumer surplus= $10

So a price increase causes a decrease in the consumer surplus.

6 0
3 years ago
Higado Confectionery Corporation has a number of store locations throughout North America. In income statements segmented by sto
lubasha [3.4K]

Answer:

c. the cost of corporate advertising aired during the Super Bowl.

Explanation:

Financial statements show the financial position of a business for a given period, and the income statement compares revenue and expenses to get profitability of a business at a particular time.

Higado Confectionery Corporation has a number of store locations throughout North America. Since there is segmented income statement per store items like store manager salaries, store building depreciation expense and cost of goods sold at each store will appear in individual statements.

However when there is a corporate advertisement at the Superbowl all of the stores jointly benefit, so there will be a representation of this cost on all their income statements.

5 0
3 years ago
LO 3.5If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month, what is their degree of
Mamont248 [21]

Answer:

4.7

Explanation:

The computation of the degree of operating leverage is presented below:

= Contribution margin ÷ Net income

= $59,690 ÷ $12,700

= 4.7

where,

Contribution margin = Sales - Variable costs

And, the net income would be

= Sales - Variable costs - Fixed costs

The net income is also known as earning before interest and taxes

5 0
3 years ago
Watts Corporation made a very large arithmetical error in the preparation of its year-end financial statements by improper place
daser333 [38]

Answer:

a prior period adjustment

Explanation:

A prior period adjustment -

It is the correction of the accounting error which took place in the past and was written in the prior year of financial statement , net of the income taxes , is known as a prior period adjustment .

It is the method to fix the previous problem of past during the reporting .

hence , the correct term fro the given statement is a prior period adjustment .

5 0
3 years ago
An automobile dealer sells service contracts. The contracts stipulate that the dealer will perform specific repairs on covered v
stiv31 [10]

Answer:

a. yes no

Explanation:

At the time of contract the service revenue is not been realized because service is been perform and dealer made a promise to perform services in future. So the revenue will be deferred and will be earned or realized when service will be performed in the future. Deferred revenue will be effected and service revenue will not be effected at the time of contract.

4 0
3 years ago
Other questions:
  • Australia. Inc. had a $140,000 beginning balance in Accounts Receivable and a $5,000 credit balance in the Allowance for Doubtfu
    9·1 answer
  • The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equi
    12·1 answer
  • Which method is faster easier and more convenient way of job searching than looking at newspapers
    5·2 answers
  • Green Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand
    10·1 answer
  • Regardless of whether a business uses FIFO, LIFO, or weighted average cost for its inventory costing system, cost of goods avail
    9·1 answer
  • What is the difference between factor payments and profits
    13·1 answer
  • Gross income minus any adjustments, deductions, and exemptions is known as___. A.adjusted gross income. B.federal income. C.gros
    12·2 answers
  • Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a
    9·1 answer
  • Ortiz Co. produces 5,000 units of part A12E. The following costs were incurred for that level of production: Direct materials $
    6·1 answer
  • The following data relate to the direct materials cost for the production of 2,200 automobile tires:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!