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max2010maxim [7]
3 years ago
8

The primary economic function of the financial system is to select one:

Business
1 answer:
rewona [7]3 years ago
7 0
Provide expert advice to savers and investors.
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a procyclical fiscal policy, like those of many state and local governments in the united states, tends to worsen recessions or
natima [27]

Procyclical fiscal policies, like those of many US state and local governments, have the tendency to make recessions or inflation worse.

In order to affect economic conditions, particularly macroeconomic recessions conditions, fiscal policy refers to the use of government spending and fiscal policies tax policies. These include employment, the total demand for goods and services, inflation, and economic expansion.

In order to boost demand and stimulate the economy during a recession, the government may reduce tax rates or increase spending. As an fiscal policies alternative, it might increase rates or reduce spending to slow down the economy and fight inflation.

Comparing fiscal policy to monetary policy, which is implemented by recessions central bankers rather than elected government officials, is common practice.

Learn more about fiscal policies here

brainly.com/question/27250647

#SPJ4

4 0
1 year ago
A company uses flexible budgets. At normal capacity of 8,000 units, budgeted manufacturing overhead is: $64,000 variable and $18
Alex_Xolod [135]

Answer:

$2,000 favorable

Explanation:

The computation is shown below:

= Actual overhead cost -  budgeted flexible costs

where,

Actual overhead cost = $250,000

And, the budgeted flexible cost would be

= Number of units produced × variable cost per unit + fixed cost

= 9,000 units × $8 + $180,000

= $72,000 + $180,000

= $252,000

The variable cost per unit would be

= $64,000 ÷ 8,000 units

= $8

So, the difference would be

= $250,000 - $252,000

= $2,000 favorable

3 0
3 years ago
Which of the following fiscal policy action would cause the economy to contract?
maksim [4K]
<span>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. </span>
4 0
3 years ago
Solomon works in the finance department of a hospital operated by the country’s national health service. The hospital wishes to
DochEvi [55]

Answer:

It would be unethical and a conflict of interest for Solomon to let his uncle in on the details because it would give his uncle an unfair advantage against the other bidding contractors. It's a form of nepotism

Explanation:

hope this helps have a great day

7 0
4 years ago
Read 2 more answers
Because amazon prime offers super-fast, free shipping, many other retailers have had to offer the same type of shipping in order
kakasveta [241]

Because amazon prime offers <u>super-fast, free shipping, many other </u><u>retailers</u> have had to offer the same type of shipping in order to compete. This is an example of <u>horizontal channel conflict</u>.

What is amazon prime?
A paid subscription model from Amazon called Amazon Prime is accessible in many different countries and grants users access to extra services that would otherwise be either unavailable or priced higher for other Amazon customers. <u>Services include grocery shopping, streaming music, video, and e-books, as well as same-day, one- as well as two-day delivery of goods</u>. Amazon stated that Prime had more over 200 million subscribers worldwide as of April 2021. In Australia, Canada, Germany, Italy, this same United Kingdom, India, as well as the United States, Amazon Prime membership also grants access to Amazon Video, which offers free instant streaming of a limited number of movies and TV shows. The Kindle Owners' Lending Library, that also enables users to borrow up to one popular Kindle e-book per month, was made available to Prime members in November 2011.

To learn more about amazon prime
brainly.com/question/28330631
#SPJ4

3 0
2 years ago
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