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Anna [14]
2 years ago
11

Which of the following statements is false?

Business
1 answer:
Black_prince [1.1K]2 years ago
7 0

Answer:

C) Keynesians would advocate an expansionary monetary policy to eliminate a recessionary gap if they believed investment spending was insensitive to changes in the interest rate.

Explanation:

Keynesians advocated for an expansionary monetary policy in order to remove the recession gap in the case when the trust that the investment spending should not be sensitive at the time when the interest rate varies

but this should be totally wrong as first fall it should not be advocated and also the wages should not be flexible

Therefore the option c is to be considered

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The following information is available for Fuller Manufacturing Company for the month ending October 31:_______.
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$6,625,000

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In a standard cost accounting system, the entry to record purchase of raw materials on account for $13500 when the standard cost
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a. Debit to raw material inventory for $12,750, debit to material price variance $750 and credit to account payable for $13,500.

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Date  Journal Entry                                   Debit      Credit

         Raw Material Inventory                   $12,750

         Material Price Variance                   $750

               Accounts Payable                                     $13,500

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