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Gnesinka [82]
3 years ago
7

Agricultural output is a large part of Econland's GDP. Particularly bad weather one year leads to an output that is smaller than

normal, causing a shock to Econland's economy. Which of these correctly describes, from a Keynesian perspective, the impact of expansionary or contractionary monetary policy taken to address the situation?
A. Increase M1 to reduce inflation while having no impact on unemployment, or decrease M1 to reduce unemployment while having no impact on inflation.
B. Increase M1 to reduce both inflation and unemployment, or reduce M1 to increase both inflation and unemployment.
C. Increase M1 to reduce inflation while adding to unemployment, or decrease M1 to reduce unemployment while adding to inflation.
D. Increase M1 to reduce unemployment but adding to inflation, or decrease M1 to reduce the inflation while adding to unemployment.
Business
1 answer:
Flura [38]3 years ago
7 0

Answer: D. Increase M1 to reduce unemployment but adding to inflation, or decrease M1 to reduce the inflation while adding to unemployment.

Explanation:

M1 is the money which consist of coins and physical currency, travelers checks, demand deposits, etc. M1 is the most liquid part of money supply due to the fact that it is made up of the currencies and the assets that can be changed to cash quickly.

From the question, we are told that agricultural output is a large part of Econland's GDP and that a bad weather resulted in a shock to Econland's economy. The best way to address the situation is to increase M1 to reduce unemployment but adding to inflation, or decrease M1 to reduce the inflation while adding to unemployment.

When money supply is increased, there will be more money in circulation which will bring about increase in demand and employers will employ more people due to this. It should also be noted that due to more money in circulation, there will be inflation which means rise in the prices of goods and services.

Therefore, the government has to choose between increasing M1 to reduce unemployment but adding to inflation, or decrease M1 to reduce the inflation while adding to unemployment.

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At what debt to income ratio might a Marine be considered overextended
natta225 [31]

Answer:

21% to 30%

Explanation:

The debt to income ratio indicates the percentage of the earnings that are being used to pay the debts every month. The guidelines for Marines state that when the ratio is less than 15% they have to be careful when taking a loan and when it is from 16% to 20% they should avoid taking more debt. Also, from 21% to 30%, they are overextended and shouldn't take more debt and more than 30% indicates that they have to get help to decrease the debt.

According to this, a Marine might be considered overextended when the debt to income ratio is between 21% to 30%.

6 0
3 years ago
A machine with a cost of $144,000, current year depreciation expense of $20,500 and accumulated depreciation of $92,000 is sold
Svetllana [295]

Answer:

a. $20,500

Explanation:

The cashflow using the indirect method has basically 3 segments namely; Cashflow from operating activities, Cashflow from investing activities and Cashflow from financing activities.

Cashflow from operating activities considers the net profit before tax and then adjustments for non cash items like depreciation. Hence from the question given, the current year depreciation ($20,500) is a part of the Cashflow from operating activities.

Other cost elements stated in the question are considered under investing activities.

5 0
3 years ago
Only financial institutions can borrow from the Fed.
Westkost [7]
The answer would be true
8 0
3 years ago
The management of Woznick Corporation has been concerned for some time with the financial performance of its product V86O and ha
kumpel [21]

Answer:

a. ($35,000)

Explanation:

The computation of the financial advantage or disadvantage of dropping product V860 is shown below:

= Sales - Variable cost - Avoidable fixed manufacturing - Avoidable fixed selling

= $150,000 - $72,000 - $30,000 - $13,000

= $35,000

This $35,000 would be a financial disadvantage and the fixed cost should not be considered as it is not held for decision making purpose

Hence, the correct option is a

6 0
3 years ago
Clara and Melissa work together at a day care center. They differ in the way they look at things and the way they approach work.
Anika [276]

Answer:

a description of her needs or feelings, for example, Clara can tell Melissa, "We're having the meeting for new parents this Friday and our presentation is still not ready. I need you to put in more time and effort so that we have the presentation ready on time. Right now, I'm feeling pressured and burdened because I seem to be doing all the work, yet you give Simon the impression that we worked together on it. I don't think that it is fair.’’

a description of the situation that resulted in the needs or feelings, for example, Clara can tell Melissa, "Last week I spent a lot of time reading all the information we have in our files about the new children and their parents so that we could create a presentation that is specifically suited to their needs. You did not contribute to this at all, but you gave Simon the impression that we worked on this together."

the consequences of the situation you are facing, for example, Clara can tell Melissa, "I enjoy working with you Melissa; I think you are a lot of fun and have many bright ideas. However, if I have to put in all the effort and you just take the credit, I will have to speak to Simon about it.

Explanation:

.

7 0
3 years ago
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