The purpose of expansionary monetary policy is to grow the economy, particularly in times of economic trouble.
<h3>What is Monetary Policy?</h3>
Monetary policy consists of management of money supply and interest rates, aimed at achieving macroeconomic objectives like inflation and liquidity.
These are achieved by actions such as modifying the interest rate, buying or selling government bonds and changing the amount of money banks are required to maintain as reserves.
Hence, the purpose of expansionary monetary policy is to grow the economy, particularly in times of economic trouble.
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Answer: See explanation
Explanation:
From the question, we are informed that Knight Corp. obtained land by issuing 3,000 shares of its $10 par value common stock and that the land was recently appraised at $72,000 while the common stock is actively traded at $25 per share.
When recording the acquisition of the land, what amounts will be recorded in the Land and Common Stock accounts goes thus:
Debit: Land 3000 × $25 = $75000
Credit: Common stock = 3000 × $10 = $30,000
Therefore, the amount that will be recorded in the Land is $75000 and Common Stock accounts is $30000
50 i believe because 25 percent in the drafting phase, and 50 percent in the revising phase.
Answer:
D. It will have to give up production and consumption of some other good.
Explanation:
In the absence of employment in economy the only option available is D because an individual will have limited resources. It will have to give up production and consumption of some other goods. Limited resources will not allow to increase output without giving up another good, to advanced the technology and increase in resources supplies.
Answer:
Risk-free rate (Rf) = 3%
Market return (Rm) = 11%
Beta (β) = 2.8
Ke = Rf +β(Rm - Rf)
Ke = 3 + 2.8(11 - 3)
Ke = 3 + 2.8(8)
Ke = 3 + 22.4
Ke = 25.4%
Explanation:
Cost of retained earnings is a function of risk-free rate plus beta multiplied by risk-premium. Risk premium is the difference between market return and risk-free rate,