All categories

3 years ago

Fiscal policy refers to the

Business

1 answer:

Triss [41]3 years ago

3 0

Answer: Option (c) is correct.

Explanation:

Correct option: <u>Deliberate changes in government spending and taxes to stabilize domestic output, employment, and the price level. </u>

Fiscal policy refers to the policy that is used by the government to stabilize the domestic output, employment and price level. Government uses contractionary and expansionary fiscal policy to stabilize the economy at the equilibrium level.

Changes in government spending and taxes are the tools of the fiscal policy through which government stabilize the economy and it generally affects the aggregate demand & level of economic activities in the country.

You might be interested in

if are researchers is using data that are low in cost and save time which type of data is this likely to be?

olchik [2.2K]

Answer:

<h2>Secondary data</h2>

Explanation:

The data collected form the first hand sources by using interviews and surveys is called primary data. The secondary data is gathered from surveys and studies which have already been conducted by other people. Mostly researchers use secondary data in their project as the researcher doesn't have to spend time, energy and money in collecting them. They can devote their time to research instead of worrying about gathering data.

8 0

3 years ago

In classical conditioning, the ns becomes a ________ after it reliably signals the occurrence of the ________.

Leto [7]

In classical conditioning, the Neutral Stimulus (NS) becomes a Conditioned Stimulus (CS) after it reliably signals the impending occurrence of the Unconditioned Stimulus (US).

The conditioned stimulus (CS) is a neutral stimulus (NS) that - after being repeatedly presented before the unconditioned stimulus - evokes a similar response as the unconditioned stimulus (US).

For example, a cat staring at a can of food (unconditioned stimulus) reacts differently to the sound of a can opener being struck on any surface (neutral stimulus). But if you condition a cat to believe that striking a can opener on any surface signals it will eat a can of food, the neutral stimulus becomes the conditioned stimulus.

Learn the difference between classical and operant conditioning here: brainly.com/question/17583598

#SPJ4

8 0

2 years ago

Define the word hierarchical structure.

Mariulka [41]

A hierarchical structure refers to a company's chain of command, typically from senior management and executives to general employees. In other words, this structure applies to organizations with a sole leader and a flow of subordinates underneath them. For example, let's say a company has 10 employees.

3 0

3 years ago

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $84,457. The bank statement indicated a balance o

Oxana [17]

Answer:

Pala Medical Co.

a. Bank Reconciliation Statement as at June 30, 20Y1

Balance as per adjusted cash balance $111,670

add outstanding checks 33,310

less uncredited deposits 17,610

overdrawn check 180

Balance as per bank statement $127,190

b. Journal Entries:

c. Debit Cash $28,248

Credit Notes Receivable $26,400

Credit Interest Revenue $1,848

To record the receipt on notes receivable, including interest revenue.

d. Debit Accounts Payable $990

Credit Cash $990

To record the check in payment on account ($1,100 - $110)

f. Debit Bank service charges $45

Credit Cash $45

To record bank charges.

c. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, the amount that should be reported as cash is:

= $111,670.

Explanation:

a) Data and Calculations:

Cash account balance at June 30, 20Y1 = $84,457

Bank statement balance on June 30, 20Y1 = $127,190

Analysis of discrepancies:

a. Outstanding checks $33,310

b. Uncredited deposits $17,610

c. Cash $28,248 Note Receivable $26,400 Interest Revenue $1,848

d. Returned check $1,100 Accounts Payable $1,100 $110

e. Overdrawn check $180 $680 had been erroneously charged by the bank as $860.

f. Bank service charges for June amounted to $45

Cash Account Adjustments:

Balance at June 30, 20Y1 = $84,457

Direct credit 28,248

Dishonored check (990)

Bank charges (45)

Adjusted cash balance $111,670

8 0

2 years ago

Alaska Mining Co. acquired mineral rights for $67,500,000. The mineral deposit is estimated at 30,000,000 tons. During the curre

Vladimir79 [104]

Answer:

a. Depletion rate = $2.25

b. Account Debit($) Credit($)

Depletion expense 9,000,000

Accumulated depletion expense 9,000,000

<u>Being depletion expense for the year.</u>

Explanation:

Depletion expense refers to the loss in value of a long term asset due to reduction in producing capacity of the asset. The depletion is recognized as an expense in the income statement of the relevant year.

To determine depletion expense, depletion rate is needed which can be derived by dividing the total value of the asset net of its residual value (if any) by the total producing capacity of the asset.After this, the depletion rate is used to multiply the production units of the current year.

Here is the formula for depletion rate:

a. Depletion rate = Total value of the asset - residual value

Total production capacity

Here is the formula for depletion expense

b. Depletion expense = Depletion rate x current year production units

a. Depletion rate = $67,500,000

30,000,000

Depletion rate = $2.25

b. Depletion expense = $2.25 x 4,000,000

= $9,000,000

Note: Accumulated depletion expense account is the corresponding account for depletion expense account.

6 0

3 years ago