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3 years ago

Describe the Federal Reserve and Economic theories.

Business

1 answer:

Marianna [84]3 years ago

3 0

Answer:

The Federal Reserve pursued policies that most closely followed the theories of Keynes and Friedman. Both economists argued that aggregate demand could be influenced through policies. They believed that this could help the economy recover or grow. The Fed seemed to follow Keynes's theories by taking action to intervene. It also seemed to follow Friedman's thinking by focusing on increasing the money supply through monetary policy.

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Punitive damages are damages imposed on the wrongdoer by the court as punishment for an unintentional tort.

snow_lady [41]

Answer:

False.

Explanation:

Punitive damages are the damages that a defendant pays in addition to actual damages. Punitive damages are awarded by a court when the defendant's behavior is found to be intentional or negligent.

In the cases of tort liability, the court applies punitive damages when defendants motif is proved to be intentional.

Therefore, the given statement is false, as the court impose punitive damages for intentional tort.

5 0

3 years ago

26. Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par val

maksim [4K]

Answer:

2.11%

Explanation:

From the information given; we use the Excel spreadsheet to compute the difference between this bond's YTM(Yield to maturity) and its YTC(Yield to call).

From the diagram; we will see that the

YTM(Yield to maturity) = 8.91%

YTC(Yield to call).= 6.81%

Therefore the difference between this bond's YTM and its YTC = (8.91 - 6.81)%

the difference between this bond's YTM and its YTC = 2.11%

7 0

3 years ago

A process cost summary for a production department accounts for all costs assigned to that department during the period plus cos

tigry1 [53]

Explanation:

The process cost shows the summary of the activities related to the production. It includes the cost of goods completed & transferred units and the ending work in process inventory.

So, the given statement is true

The indirect cost are come under the manufacturing overhead cost. So, it would be charged to overhead control account

Thus, the given statement is false.

The direct labor includes that labor which is directly related to the production process of a product. So the single production department is likely to be a direct labor

Thus, the given statement is true.

To record the allocation of overhead, the following journal entry is required

Work in Process Inventory, Baking Dept A/c Dr $24,500

To Factory overhead A/c $24,500

(Being the overhead allocation is recorded)

The computation is shown below:

= Direct labor cost × allocation rate

= $10,000 × 245%

= $24,500

Thus, the given statement is true.

7 0

3 years ago

Brainliest Answer!!! <br> Five reasons why travel and tourism industry is important in the U.S.

vodomira [7]

Brings income and makes the economy better

7 0

3 years ago

Julia, an economics professor, is giving a presentation on her research. What presentation delivery method should Julia use if s

Alex

Webcast :) i believe is the answer

8 0

3 years ago

Read 2 more answers