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Debora [2.8K]
4 years ago
13

(Problem 10) According to the European Central Bank website, the treaty establishing the European Community "makes clear that en

suring price stability is the most important contribution that monetary policy can make to achieve a favourable economic environment and a high level of employment." If price stability is the only goal of monetary policy, consider how monetary policy would be conducted during recessions?

Business
1 answer:
Yuri [45]4 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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To make the loan look more attractive and competitive now
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What is the present value of the following series of payments: $300 made at the end of every year starting in year 1 and ending
grandymaker [24]

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8 0
3 years ago
Utopia Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 3% of net cred
photoshop1234 [79]

Answer:

The answer is C.

Explanation:

Credit sales is $6,000

Bad debt is 3% of net credit sales which is $180($6,000 x3%)

Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.

According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.

So we have have:

Dr Bad debt expense $180

Cr Allowance for Doubtful Accounts $180

6 0
3 years ago
ABC Brothers' cleaning products and equipment are sold to consumers and commercial cleaning companies in Best Supply's janitoria
Karolina [17]

Answer:

Distributor.

Explanation:

A distributor is a whole seller nominated by a company to most times exclusively redistribute the company products to all retailers and institutions in a designated territory.

A distribution may be required under three circumstances:

-for entering into a new town.

-for additional coverage in the same town.

-for replacing an existing distributor.

The expectations from the distributors must be defined right at the beginning so that the perspective candidates can be advised and secondly to get the right kind of distributors.

3 0
3 years ago
A stock has a beta of 0.9 and an expected return of 9 percent. A risk-free asset currently earns 4 percent. a. What is the expec
egoroff_w [7]

Answer:

6.5%

Explanation:

Data given in the question

Beta of the stock = 0.9

Expected return = 9%

A risk-free asset = 4%

By considering the above information, the expected return on a portfolio is

= Risk - free asset × equally basis  + expected rate of return × equally basis

= 4% × 50% + 9% × 50%

= 2% + 4.5%

= 6.5%

Since we have to find out the expected return on equally invested so we considered the risk free asset and the expected rate of return

Therefore we ignored the beta of the stock

8 0
3 years ago
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