Answer: The correct answer "e. lower; rise; raises".
Explanation: According to the keynesian transmission mechanism, a rise in the money supply will <u>lower</u> the interest rate, causing a <u>rise</u> in investment demand, which then <u>raises</u> Real GDP.
because a decrease in the interest rate, would cause companies to decide to take loans to invest, thus increasing investment and as a result would increase GDP
Answer:
addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.
Explanation:
ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.
Try to find a mortgage to buy a house
Answer:
$45,350
Explanation:
Follow the Company`s collection history to determine the November Cash Collection.
November Cash Collection :
Collected in month of sale - 15% x $45,000 $6,750
Collected for 1st month after sale - 60% x $51,000 $30,600
Collected for 2nd month after sale - 20% x $40,000 $8,000
Total $45,350
Therefore,
The cash Justin can expect to collect in November is $45,350