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Salsk061 [2.6K]
3 years ago
10

What is expansionary policy used for?

Business
1 answer:
snow_tiger [21]3 years ago
5 0

Answer:

to stimulate an economy

Explanation:

it stimulates the economy by boosting demand through monetary

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Speedy Package is California's largest express transportation company. In addition to the largest fleet of all-cargo aircraft in
tia_tia [17]

Answer:

Date    General Journal                         Debit       Credit

            Cash                                         $15,400

            Accumulated Depreciation    $39,600

                    Equipment - Delivery truck              $55,000

           (Assuming the truck was sold for $15,400 cash)

            Cash                                         $16,500

            Accumulated Depreciation     $39,600

                     Gain on sale                                      $1,100

                     Equipment - Delivery truck              $55,000

            (Assuming the truck was sold for $16,500 cash)

            Cash                                          $12,700

            Accumulated Depreciation      $39,600

            Loss on sale                              $2,700

                      Equipment - Delivery truck               $55,000

             (Assuming the truck was sold for $12,700 cash)

4 0
2 years ago
If the current interest rate is 5% and your semi-annual coupon paying bond has a duration of 5.33 years, how much will the price
Serhud [2]

Answer:

Percentage change in price = -5.33 * 0.00005

Explanation:

Percentage change in price = - modified duration * (Change in yield in BP/100)

Percentage change in price = -5.33 * ((0.01/2)/100)

Percentage change in price = -5.33 * (0.005/100)

Percentage change in price = -5.33 * 0.00005

7 0
3 years ago
A catering company is producing at a point where its marginal costs are $25 and its fixed costs are $5000. At the current price
Kipish [7]

Answer:

The firm should shut down the production.

Explanation:

The given marginal costs = $25

Fixed cost of the production = $5000

The price of producing the 50 units of meals = $10

The new price of the meal when demand goes up = $20

Since it can be seen that the price of the meal is lower than the average cost or even it is less than the marginal cost. So, when the prices are lower than average cost then a firm should shut down the production because after shutting down the production the loss will be equal to the fixed cost only.

So, the firm should shut down the production.

6 0
3 years ago
It is important to use information that is both reliable and relevant when making financial decisions. True False
melamori03 [73]
True because if you don’t have those things you won’t have a stable finance situation and if something goes wrong you will be in a pickle.
3 0
3 years ago
_____ can be used as collateral for up to 95 percent of the policy's cash value.
Novay_Z [31]
The answer is “insurance policies”
5 0
3 years ago
Read 2 more answers
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