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2 years ago

Which of the following fiscal policy action would cause the economy to contract?

1 answer:

4 0

This is a tricky question, because most of the answers provided are correct. For instance, by raising taxes, the government drops down the demand rates, as well as by decreasing the money supply (in that case, it also prevents economy from falling into an inflating situation). As for balancing the budget, this economical move entails decreasing the public expenditure and, therefore, contracting the demanding economical figures too.

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You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to app

earnstyle [38]

Answer:

10.16%

Explanation:

The computation of the effective return for this investment is shown below:

Let us assume that we invested an amount in Australian dollars 100

The return is 8%

After one year, the amount is 108

Now the converting amount is 110.16 (108 × 102%)

Now the effective rate for this investment is

= 110.16 - 100

= 10.16%

7 0

3 years ago

Making decisions and taking actions to achieve a superior fit between the organization and its environment is.

MaRussiya [10]

Answer:

Making decisions and taking actions to achieve a superior fit between the organization and its environment is. strategic management

What is strategic management?

a process that uses vision, goals and objectives, internal, and external analysis, and implementation levers that can be used to help formulate and implement strategy.

8 0

2 years ago

1. The minimum age to receive a Class C drivers license is A. 15 B. 16 C. 18

insens350 [35]

You would need to be at least 18 years old to hold a valid Ontario licence

4 0

3 years ago

Read 2 more answers

Discount Airlines is preparing a contribution margin report segmented by route. The following information is available: Atlanta/

IgorC [24]

Answer:

17.3%

Explanation:

The contribution margin ratio is shown below:

Contribution margin ratio = Contribution margin ÷ Sales × 100

where,

Contribution margin is

= Sales - variable cost

Sales arise from passengers ($1,250 × 7,100) $8,875,000

Less:

Food ($7 × 7,100) $497,00

Selling ($90 × 7,100) $639,000

Fuel ($15 × 190,000) $2,850,000

Wages ($20 × 190,000) $3,800,000

Total variable cost ($7,338,700)

Contribution margin $1,536,300

So, the contribution margin ratio is

= $1,536,300 ÷ $8,875,000

= 17.3%

8 0

3 years ago

The Wilson Company purchased $35,000 of merchandise from the Poole Wholesale Company. Wilson also paid $2,800 for freight costs

Olin [163]

Answer:

Option A, total debits to the inventory account would be $37,800, is correct

Explanation:

The cost of the merchandise inventory to Wilson Company is the cost of the inventory purchased and the freight-in cost.

In other words, the amount to be recognized in merchandise inventory account is the sum of both amounts i.e $35,000+$2800=$37,800

This would be debited to merchandise inventory and $2,800 would be credited to the cash account while $35,000 is credited to accounts payable

4 0

3 years ago