The answer is c) bold. Hope this helps!
A situation in which monetary policy is expansionary prior to an election and contractionary after an election is known as the Political business cycle.
What is expansionary monetary policy and contractionary monetary policy?
Simply put, expansionary monetary policy enlarges (increases) the money supply, whereas contractionary monetary policy reduces (contracts) the amount of a nation's currency available.
What is Political business cycle?
A political business cycle is a change in economic activity brought on by outside political actors. The term "political business cycle" is mostly used to refer to the economic expansion that occurs right before an election to increase the likelihood that the current administration will be reelected. Empirical evidence of political business cycles is still ambiguous despite several attempts to prove it.
Learn more about Political business cycle: brainly.com/question/13084281
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Answer:
The correct answer is $56,000.
Explanation:
According to the scenario, the given data are as follows:
Average checks per day = $14,000
Days in clearing = 4 days
Interest rate = 0.018% per day
So, we can calculate the company's float by using following formula:
Company's Float = Average checks per day × Days in clearing
By putting the value in the formula, we get
Company's Float = $14,000 × 4
= $56,000
Answer:
The cooperatives help their member to focus their attention on their livestock while the cooperatives work to get the best prices for their products.
Explanation:
