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alexdok [17]
3 years ago
6

The price of a gallon of gasoline in bonland is? $3.20. however, just before the? election, the government decides to fix the pr

ice of gasoline at? $2.80 per gallon. this is an example of a? ________.
Business
1 answer:
ehidna [41]3 years ago
3 0
This is ab example of a price floor. It is price that set by the government as a minimum price that would be imposed on a product. This value should be higher than that of the equilibrium price to be effective. It is used in order to prevent the prices to be too low.
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After posting the journal entries to the ledger, what is the balance of the Cash account?
MArishka [77]
There needs to be more information.
7 0
3 years ago
The three primary policy tools available to those officials in charge of our country's monetary policy are a reserve requirement
Olenka [21]

Answer:

a. reserve requirements, the discount rate, and open-market operations.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

Additionally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

The three (3) primary policy tools available to the governmental officials in charge of our country's monetary policy are reserve requirements, the discount rate, and open-market operations.

3 0
2 years ago
Read 2 more answers
A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals:Cash $ 41,000 Current
Rudiy27

Answer:

0.54

Explanation:

Debt-to-equity ratio = Total Debt ÷ Total Equity

                                 = $107,000  ÷  $197,000

                                 = 0.54

The company's debt-to-equity ratio equals 0.54

4 0
3 years ago
Select the correct answer. The word intestate means that a person has died with or without a will?
hjlf

It means that a person has died without a will.

8 0
3 years ago
Company A manufactures and sells extreme sports gear. Its website includes a place for customers to post reviews of its products
erik [133]

Answer:

personal selling

Explanation:

Personal selling is a type of marketing strategy used when companies encourage their customers to make their experiences public and share their feelings about the product. In this case, the company is encouraging consumer feedback and sharing stories.

5 0
2 years ago
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