Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi
1 answer:
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Answer:
cost depletion expense = $128700
so correct option is B. $128,700
Explanation:
given data
paid = $429,000
recover = 6,500 pounds
extracted = 1,950 pounds
sold = $277,000
to find out
cost depletion expense
solution
we get here cost depletion expense that is express as
cost depletion expense = × extracted ...........1
put here value we get
cost depletion expense = × 1950
cost depletion expense = $66 × 1950
cost depletion expense = $128700
so correct option is B. $128,700
Answer:
Have an expansionary monetary policy (shift LM curve to the right)
Explanation:
See the graph attached. If the IS curve shifts to the left, there will be a new IS curve- The IS'. If the Fed wants to keep the output level (Y) unchanged, then it has to shift the LM curve to the right, to LM', so that the Y point (output level) in which the IS matches the LM stays the same (Y*).
Shifting the LM curve to the right, it means to have an expansionary monetary policy, which means to expand the quantity of money in the economy. This is done, for example, by decreasing the discount rate or reducing the reserve ratio.
