The given statement is true. Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy.
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What is monetary policy?</h3>
In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.
Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy. Monetary policy strategy is influenced by economic indicators including the GDP, inflation rate, and industry- and sector-specific growth rates.
The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.
Hence, The given statement is true.
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Answer:
1. Calculation of the Cost of the Tramel Job
Particulars Amount
Direct material cost $2,300
Direct labor cost $500
Overhead applied <u>$650 (</u>500*130)
Total cost of job <u>$3,450</u>
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2. Particulars Debit Credit
Overhead Cost $1,300
To materials $800
To Labour $500
3. The Cost of the Tramel Job will not be affected
<span>Gale received a whipping from the peacekeeper because he was captured by the peacekeeper himself buying drinks from a ripper. The Ripper is one of the significant characters of the Hunger Games saga because the character has been a subject of persecution by the mighty Capitol faction.</span>
Answer: The capital stock increases, and economic growth is positively affected.
Explanation:
If the government offers an investment tax credit, a situation will arise where entities will invest more knowing that they do not have to pay as much in taxes.
This investment will lead to an increase in capital stock as this is what investment purchases to enable production. With more capital stock, production levels will rise and the economy will grow.