Which of the following is a true statement?

Suppose you withdraw $1,000 from a money market mutual fund and deposit the funds in your bank checking account. how will this a

WINSTONCH [101]

M2 will not be affected, but M1 will increase.

7 0

4 years ago

Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics

nadya68 [22]

The correct answers are the following:

Microeconomics

The effect of a cigarette tax on the quantity of cigarettes sold

Macroeconomics

The effect of federal government spending on the national unemployment rate
The effect of an increase in the money supply on the rate of inflation

Microeconomics is defined as the study of the individual decisions reached by economic agents (households/individuals, firms and public sector entities) in the markets of products services and factors of production.

Macroeconomics is the study of the economy as a whole, using aggregate indicators that are the result of accummulating thousands or millions of the individual decisions studied in the micro approach, and which measure the behaviour of the whole economy of a certain country, region, or even the whole world (depending on the level of aggregation used!)

7 0

3 years ago

In year 1, the actual budget deficit was $200 billion and the cyclically adjusted deficit was $150 billion. in year 2, the actua

Ivan

Answer: it can be concluded that fiscal policy from year 1 to year 2 became more expansionary.

Explanation:

When the fiscal policy becomes expansionary the government will decrease the taxes and increase its spending in order to reduce the recessionary situation in the country. In the above scenario budget deficit means the expenditure is more than the revenue.

A cyclical budget deficit means the deficit which occurs due to decrease in tax rates and increase in government spending. Increasing the taxes and government spending would both offset the balance in the economy.

6 0

3 years ago

Define present value.a. The present value is the value today of a sum of money to be received in the future and in general is le

Salsk061 [2.6K]

Answer:

D. The present value is the value in the future of a sum of money to be received today and in general is less than the future value

Explanation:

8 0

3 years ago

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of dir

max2010maxim [7]

Answer:

Total cost A38= $37,000

Explanation:

Giving the following formula:

The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred.

Direct labor= 4,000 + 6,500= $10,500

Direct material= 2,500 + 3,000= $5,500

First, we need to apply overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10,500*2= $21,000

Now, the total cost:

Total cost A38= 10,500 + 5,500 + 21,000

Total cost A38= $37,000

7 0

3 years ago