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2 years ago

Which of the following is an example of an expansionary fiscal policy?

Business

1 answer:

Kobotan [32]2 years ago

7 0

Answer:

Option (B) is correct.

Explanation:

Fiscal policy and monetary policy are the policies which can be used by the government of a nation and the central bank of a nation.

Fiscal policy will be used by the government to change the aggregate demand in the economy.

Expansionary fiscal policy includes:

(i) Decrease in taxes

(ii) Increase in government spending

Decrease in taxes will increase the disposable income of an individual, so this will lead to an increase in the aggregate demand in an economy.

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On June 10, Concord Corporation purchased $8,050 of merchandise on account from Sarasota Company, FOB shipping point, terms 1/10

mariarad [96]

Explanation:

The journal entries are as follows in the books of Concord Corporation

On June 10

Merchandise inventory A/c Dr $8,050

To Account payable A/c $8,050

(Being the inventory is purchased on account)

On June 11

Merchandise inventory A/c Dr $510

To Cash A/c $510

(Being freight is paid by cash)

On June 12

Accounts payable A/c Dr $450

To Merchandise Inventory A/c $450

(Being goods returned is recorded)

On June 19

Accounts payable A/c Dr $7,600 ($8,050 - $450)

To Cash A/c $7,524 ($7,600 × 1%)

To Merchandise Inventory A/c $76

(Being payment is recorded)

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2 years ago

Several artists in Charleston, South Carolina, show and sell their work in an art gallery downtown. The gallery is owned by an a

Elena L [17]

Answer:

Wholesaler

Explanation:

The distribution channel is defined or referred to as the overall or whole flow of the information as well as the goods and services from the original manufacturer to the final consumers. And the wholesaler is the one which is known as the distributor, acquire the goods from the manufacturer holds them in the distribution centre and then sells it to the retailers.

So, in this case, in the terms of channel of marketing, the gallery will be referred to as the wholesaler.

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2 years ago

Describe how a small business might<br> use innovation to create new jobs

bezimeni [28]

Answer:

they work hard and dedication

Explanation:

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3 years ago

What should you do in order to make sure you don't offend or upset people from other cultures?

larisa86 [58]

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3 years ago

Read 2 more answers

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch

IgorC [24]

Answer:

price level fall and value of money is rises

Explanation:

given data

one year basket costs = $10.00

two year two basket costs = $9.00

one year buy baskets = $50

year two,buy baskets = $50

to find out

as the price level falls, the value of money will be

solution

we see that when we compare to 1 year price go down from $10 to $ 9

so deflation at annual rate is $\frac{10-9}{10}$ = 10%

so here

sum of $50 will be buy here = $\frac{50}{10}$ = $5 in one year

and $ 50 buy in 2 year is = $\frac{50}{9}$ = $5.56 in two year

so this is show here that price level fall and value of money is rises

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3 years ago

Which of the following is an example of an expansionary fiscal​ policy?

Which of the following is an example of an expansionary fiscal policy?