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Mashcka [7]
3 years ago
8

Suppose the European Central Bank (ECB) decides to use monetary policy to offset the possible inflationary effects of European e

xpansionary fiscal policy. Would the ECB expand, contract, or not change the European money supply?
Business
1 answer:
Grace [21]3 years ago
7 0

Answer:

the European Central Bank (ECB) should engage in a contractionary monetary policy

Explanation:

A contractionary monetary policy takes place when a central bank (or the Fed) reduces the money supply in order to cool down the economy, lower inflation rate or like in this case, wants to offset expansionary fiscal policy.

The central bank initially raises the interest rates and starts selling more securities in order to absorb cash from the markets.

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True or false: Merchandise inventory is generally converted to cash more quickly than accounts receivable.
Makovka662 [10]

Answer:

False

Explanation:

Merchandise inventory is the stock that company have to kept in its godown while the account receivable is that when company sold the goods on credit basis to the customer

So here the company could received the payment within 12 months it can be in within month also

So the given statement is false

3 0
2 years ago
Suppose that on Valentine's Day, the demand for both roses and greeting cards increases by the same percentage amount. However,
ryzh [129]

Answer:

The correct answer is: the supply of the greeting cards is less elastic than the one of the roses.

Explanation:

To begin with, the elasticity show how much the price and the quantity are related by indicating the variation that happens to one of them when the other changes. Therefore that the supply of the greeting cards is less sensitive to price because when the quantity demanded increased the price did not change as much as the roses due to the fact that the sellers were not encourage as much as the sellers of the roses to produce more and therefore to increase the price of the cards. So to sum up, when the price changed the sellers were not encourage to increase the production of the cards as much as the production of the roses because of its elasticity.

6 0
3 years ago
An emergency fund should NOT be used for...
nadya68 [22]

Answer:

An emergency fund should not be used for buying things you wan't, but an emergency fund should be used for buying the nessecities like things you need

Explanation:

Hope this helps!!! ✌

(if this did not help, please let me know)

5 0
3 years ago
Customer retention is measured as the percentage of customers who return for more service. true false
seraphim [82]
Your answer is true! The root of the word "retention" is retain, so basically customer retention means retaining customers, which also means having them return. Hope I helped!
8 0
3 years ago
A country produces only bananas and robots. If it produced only bananas with all its available resources, it could make 60 milli
Levart [38]

It should be noted that in the PPC, the downward sloping line 'ab' is the production possibility curve.

<h3>How to illustrate the information?</h3>

In the diagram, since point 'A' falls on the PPC itself, it represents the full employment of resources. Point 'A' represents the combination of 30 million bananas and 10 million robots.

Opportunity cost producing a robot = Total bananas possible / Total robots possible

Opportunity cost producing a robot =60/20

Opportunity cost producing a robot = 3 bananas

The area outside PPC represents the unattainable combinations of two goods.

During the recession, the resources are inefficiently used and the production combination is represented by point 'B' which falls below PPC When the production technology improves only for one good and not for the other, the PPC rotates

Marginal opportunity cost of a robot = 80 million bananas / 10 million robots

The marginal opportunity cost of a robot = 8 bananas

Opportunity cost of 2 million robots = 8 bananas × 2 million

The opportunity cost of 2 million robots will be 16 million bananas.

Learn more about PPC on:

brainly.com/question/2617319

#SPJ1

8 0
2 years ago
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