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3 years ago

According to the "guns & butter" example, if a country decides to spend more on military goods, what will happen?

1 answer:

5 0

For the answer to the question above, i<span>n macroeconomics, the guns versus butter model is a simple example of the production possibility frontier. It models the relationship between a nation's investment in defense and civilian goods.
I hope my answer helped you.</span>

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Please reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monet

Tatiana [17]

The money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.

<h3>What is the money multiplier concept?</h3>

The money multiplier concept describes the quantity of money created by banks through the interaction of bank deposits and reserve ratios.

When the U.S. Federal Reserve wants to increase the money supply, it reduces the reserve ratio and vice versa.

Thus, the money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.

Learn more about the money multiplier concept at brainly.com/question/16777479 and brainly.com/question/27464330

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5 0

2 years ago

Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plice

julia-pushkina [17]

Answer:

Alomar Company

Allocation of Joint Costs:

Barlon = $10,270

Selene = $25,431

Plicene = $31,789

Corsol = $59,910

Total = $127,400

Explanation:

a) Data and Calculations:

Joint costs:

Direct materials $67,900

Direct labor 34,000

Overhead 25,500

Total joint costs $127,400

Joint Products Barlon Selene Plicene Corsol Total

Batch output units 1,400 2,600 2,500 3,500 10,000

Selling price per unit $15 $20 $26 $35

Sales value $21,000 $52,000 $65,000 $122,500 $260,500

Allocation of Joint Costs:

Barlon = $10,270 ($21,000/$260,500* $127,400)

Selene = $25,431 ($52,000/$260,500* $127,400)

Plicene = $31,789 ($65,000/$260,500* $127,400)

Corsol = $59,910 ($122,500/$260,500* $127,400)

8 0

3 years ago

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

kherson [118]

Answer:

EU materials: 434.040‬

EU conversion: 412,632

Explanation:

W/a method count the complete units plus the percnetage of completion in the ending work in process intventory.

Materials:

transferred-out (completed) 411,000

ending WIP inventory

32,000 x 72% = 23,040‬

Equivalent untis materials: 434.040‬

Conversion:

transferred-out (completed) 411,000

ending WIP inventory

32,000 x 51% = 1,632

Equivalent untis conversion: 412,632

5 0

3 years ago

ClevelandInc. leased a new crane to Abriendo Construction under a 5-year, non-cancelable contract starting January 1, 2020. Term

Sophie [7]

Answer:

The correct answer is "2,40,000". The further explanation is given below.

Explanation:

The given fair value is:

= $240,000

The presentation in books of lessee will be:

⇒ $Record \ of \ assets =PV \ of \ Lease \ Payment +Unguaranteed \ residual \ value$

⇒ $Annuity \ value \ of \ 8 \ percent \5 \ year\times 48555+Anuity \ value \ of \ 5th \ year\times 45000$

On putting the values, we get

⇒ $3.9927\times 48555+0.6806\times 45000$

⇒ $193865.54+30627$

⇒ $224492.54 \ i.e., 2,24,493$ ($)

Presentation in books of Lessor , the fair value of assets will be

= $2,40,000$ ($)

8 0

4 years ago

If ty chooses a smart phone simply because he perceives it to be rated highest on megapixels, which he believes is the most impo

Stels [109]

If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.

7 0

4 years ago