The budget process makes fiscal policy difficult to implement because
<span>---The budget process begins a year and a half before the budget is implemented, and this will make it difficult to know what type of fiscal policy will be needed because it requires us to predict the problem and opportunities that arise during the operation.
---Many budget decisions are made for political reasons , because many politicians was appointed by interest groups that controlled by big companies.
---Nearly two-thirds of the budget is mandated by federal programs and cannot be easily changed, even if it could be changed, the cost could outweihgt the benefit.</span>
Answer:
the subject of Federal Open Market Committee decisions is as below:
level of interest rates and growth of the money supply
Answer:
The aggregate budgeted selling expense for the month of February amounts to $20,900
Explanation:
Selling expense budget is the plan which estimate the selling expense which happen in that period or year or month. It is related to the marketing as well as selling the product to customers. And involve advertising expense, commission, delivery cost and signs.
The aggregate budgeted selling expense for the month of February is computed as:
Aggregate budgeted selling expense = Commission + Monthly Salary of Sales manager + Advertising expense
where
Commission is as:
Commission = Sales × 5%
= $318,000 × 5%
= $15,900
Monthly Salary of Sales manager is $3,700
Advertising expense is $1,300
So,
Aggregate budgeted selling expense = $15,900 + $3,700 + $1,300
Aggregate budgeted selling expense = $20,900
Answer:
Straight rebuy
Explanation:
When a purchasing agent performs a straight rebuy, he/she is in a situation where the same products or services are bought over and over again on a relatively steady basis.
The products and services purchased are also simple and common products or services, nothing very complex or specialized that requires looking for new information or investigating who the best vendor might be.
