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3 years ago

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

Business

1 answer:

Kobotan [32]3 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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3 years ago

Suppose the U.S offered a tax credit for firms that built new factories in the U.S. Then __________a The demand for loanable fun

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Answer:

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Explanation:

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4 years ago

Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all

hammer [34]

Answer:

a. predetermined overhead rate for each activity

initial concept formation = $3,310 per Project Change

design = $3 per Square feet

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b. Classification

unit-level activities :

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batch level activities :

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Product level activities :

design

Facility level activities :

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construction oversight

Explanation:

This question requires application of Activity Based Costing (ABC) method of allocating overheads.

For each overhead a rate is determined as follows :

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= $52,960/ 16

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= $3 per Square feet

construction oversight

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= $118,650/ 105

= $1,130 per Month

Classification

The way the activity is to be absorbed in costing determine its classification

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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?