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3 years ago

When inflation begins to climb to unacceptable levels in the economy, the government should:

Business

1 answer:

Drupady [299]3 years ago

6 0

Answer:

The correct answer to the following question is option B) The government should use the contractionary fiscal policy to shift the aggregate demand to the left .

Explanation:

In the situation where inflation is rising at a fast speed in the economy, then government needs to use contractionary fiscal policy in which government will decrease their spending and increase the taxes in order to decrease the spending of people and the aggregate demand ,which will then ultimately lead to shift in the aggregate demand towards the left.

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"The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or l

Mademuasel [1]

Answer:

$10 profit

Explanation:

In this question, we are asked to calculate the profit or loss to a short position.

Firstly, we identify that the spot price of market index is $900.

Now, a three months forward contract equals a value of $930.

Raising the index to $920 at the expiry date is obviously a profit to the short position.

To calculate the profit here, we simply subtract the index at expiry date from the three months forward contract.

Mathematically, this is equal to $930-$920 = $10 profit

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3 years ago

The head of ABC Company announces that the company is going to start a weekend project teaching self-defense techniques to under

Alex73 [517]

Answer:

B. behavioral

Explanation:

Attitude is the way of handling things as every individual use different approach in handling different task. There are three components that impact the attitude of working.

Cognitive.
Affective.
Behavioral.

The cognitive component is referred to as the knowledge and information of the people about the task or object.

The affective component is referred to like the feeling and emotion of a person toward handling any task or objects.

The behavioral component is a natural tendency of humans to behave in a certain way in a particular situation.

8 0

3 years ago

An amendment to the texas constitution requires a balanced budget. This means that _____.

marissa [1.9K]

Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

<h3>What does Texas Constitution require a balanced budget?</h3>

Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.

An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.

To learn more about balanced constitutional budget amendment, refer to:

brainly.com/question/8873582

#SPJ9

4 0

2 years ago

Recognition of normal balances The following items appeared in the accounting records of the Tape Box, a retail music store that

WINSTONCH [101]

Answer:

a. The DVDs, CDs, albums, and video games held for sale to customers.

Classification: Assets

b. A long-term loan owed to Citizens Bank.

Classification: Liability

c. Promotional costs to publicize a concert.

Classification: Expense

d. Daily sales of merchandise sold

Classification: Revenue

e. Amounts due from customers

Classification: Asset

f. Land held as an investment

Classification: Asset

g. A new computer purchased for office use.

Classification: Expense

h. Amounts to be paid in 10 days to suppliers

Classification: Liability

i. Amounts paid to property owner for rent.

Classification: Expense

4 0

2 years ago

Dazzle Inc produces beads for jewelry making use . The following information summarizes production operations for June . The jou

Harman [31]

Answer:

Missing wordings <em>"Direct materials used $104,000, Direct labor used 177,000, Predetermined overhead rate (based on direct labor) 160 %, Goods transferred to finished goods 449,000, Cost of goods sold 461,000, Credit sales 980,000"</em>

<em />

Factory overhead = Direct Labor used * Predetermined Overhead rate

Factory overhead = 177,000 * 160%

Factory overhead = 283,200

Journal Entry Debit Credit

Work in Process Inventory $283,200

Factory Overhead $283,200

3 0

3 years ago