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dalvyx [7]
3 years ago
7

What is the basic objective of monetary policy? What are the major strengths of monetary policy? Why is monetary policy easier t

o conduct than fiscal policy in a highly divided national political environment? Which do you think is the most effective?
Business
1 answer:
Mars2501 [29]3 years ago
4 0

Answer: The answers to the question are provided below.

Explanation:

The basic objective of the monetary policy is to achieve economic growth, full employment, and price stability in an economy. The major strengths of the monetary policy are its flexibility and speed when compared to fiscal policy. Monetary policy is faster to implement and brings about desired changes faster.

Monetary policy is easier to conduct than fiscal policy because:

• Monetary policy is implemented by independent monetary authorities. Therefore, unpopular decisions such as the increase of interest rates to decrease inflationary pressure can be used.

• Fiscal Policy is the use of taxation and government spending to control economic activities but it is difficult to get a department that is willing to have its spending cut in order to help the economy.

• Increasing taxes will always be unpopular among individuals and firms and increasin corporations and income tax may lead to supply side effects. For example, increasing income tax may lead to the reduction in the incentives to work.

Fiscal and monetary policies are both effective. In a deep recession and a liquidity trap, the fiscal policy can be more effective than the monetary policy because the government creates job, pays for new investment schemes, rather than relying on the use of monetary policy to indirectly motivate businesses to invest. Likewise, the monetary policy is also more flexible and faster.

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Citrus2011 [14]

Answer:

To record he partial year’s depreciation on July 1, 2022

Dr Depreciation expenses              $7,500

      Cr Accumulated Depreciation  $7,500

(to record he partial year’s depreciation on July 1, 2022)

(1) To record disposal as machine is sold for $45,500 cash

      Dr Cash                                         $45,500

      Dr Accumulated Depreciation     $52,500

         Cr Loss on asset disposal         $7,000

         Cr Machinery                              $105,000

(2) To record insurance settlement of $25,000 due to the machine’s total destruction in a fire:

      Dr Cash                                         $25,000

      Dr Accumulated Depreciation     $52,500

         Cr Loss on asset disposal         $27,500

         Cr Machinery                              $105,000            

Explanation:

The depreciation expense for each year is (105K-0)/7 = $15K => Half-year depreciation expenses = 15K/2 = $7.5K. Thus in Jul 1,2022, we need to book $7K of depreciation expenses for half-year expenses of 2020.

To Jul 1, 2022, the asset has been on book for 3.5 years, thus the accumulated depreciation relating to the asset is 3.5 x 15K = $52.5K which makes the net book value of the asset $52.5K.

So, the sold of asset at $45,500 will results to a loss of $7,000 (45.5K-52.5K) and the insurance settlement of $25,000 will results to a loss of $27,500 (25K - 52.5K)

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3 years ago
The privacy act of 1974 ____.
olga2289 [7]
The answer is D.
The privacy Act of 1974 applies only to certain federal agencies. The act regulates the handling of personal information about individuals. The act establishes a code of fair information practices that governs the collection, maintenance, use, and dissemination of information about individuals that is maintained in systems of records by federal agencies. 
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If a company has discriminated against minorities in the past, should it be required to give priority to minority applicants tod
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The description as per the given statement is summarized in the below segment.

Explanation:

  • There should priorities immigrants, although it has its inherent consequences since it damages the morality of all other project teams and thereby discourages them.
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Answer:

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