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vova2212 [387]
3 years ago
15

In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy: changes income, which chang

es consumption, which further changes income. is government spending and, therefore, more powerful than private spending. changes the interest rate. increases the amount of money in the economy.
Business
1 answer:
Zepler [3.9K]3 years ago
5 0

Answer:

Changes income, which changes consumption, which further changes income

Explanation:

Fiscal policy is an effective technique to control savings, income and consumptions because of its multiplier effect. The first effect of fiscal policy is that it changes income and that change in income leads to a change in consumption because of purchasing power; likewise, due to the change in consumption income changes. So, fiscal policy has a multiplier effect.

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Answer:

a big number

Explanation:

6 0
2 years ago
To assign overhead costs to each product, the company:_____.
mina [271]

Answer:

a. multiplies the activity-based overhead rates per cost driver by the number of cost drivers expected to be used per product.

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Generally, an activity-based costing uses multiple cost pools such as manufacturing cost or customer services and multiple cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Hence, to assign overhead costs to each product, the company multiplies the activity-based overhead rates per cost driver by the number of cost drivers expected to be used per product.

In activity-based costing, the activity rate for an activity cost pool is calculated by using the following formula;

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4 0
2 years ago
On November 1, 2018, Cullumber Farm entered into a contract to buy a $162000 harvester from John Deere. The contract required Cu
Vikki [24]

Answer:

The journal entry to record the contract on November 1, 2018 includes: credit to Accounts Receivable for $162000

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. On November 1, 2018, Cullumber Farm had to pay $162,000 in advance to John Deere. John Deere recorded the cash receiving by the entry:

Debit Cash $162,000

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The company did not record revenue because they did not sell the harvester. This was only the advance payment.

3 0
3 years ago
"Universal Containers wants to maintain Service Level Agreements on its customer cases. Customers are provided different service
vazorg [7]

Answer:

The answer is "Entitlements and Milestones ".

Explanation:

Entitlements are customer service systems inside SharePoint, like "contact help" or "web support." Usually, this is being used to reflect terms in service contracts. and Milestones are required time-dependent measures within that support process, including initial response times or event resolution times.  

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3 years ago
By following the strategic planning process, HR teams and stakeholders have a higher likelihood of success in addressing a busin
Semmy [17]

Answer:

True

Explanation:

Strategic planning process is what help identify the objectives of a business and then develop plan to achieving those objectives. It gives direction to management decision while addressing business challenges.

The aim of strategic planning process is to prevent a company from carrying out task without directions because when those controlling business or its owners do not have clear vision, wrong decision may be made hence create problems for the employee regarding their stand in the company.

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