Explanation:
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Expansionary monetary policy is usually has real expansionary short-run effects. as prices adjust, the long-run impact of inflationary effect.
Expansionary or known as loose policy is a form of macroeconomic policy that seeks to encourage economic growth. Expansionary policy might consist of either monetary policy or it can be fiscal policy or it can be the combination of the two.
It is a part of the general policy prescription of Keynesian economics which is to be used during economic slowdowns as well as the recessions in order to moderate the downside of economic cycles.
Expansionary policy can involve significant costs as well as the risks which includes macroeconomic or microeconomic, and political economy issues.
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Answer: The loan was taken for 265 days.
We arrive at the answer as follows:
First we find the ratio of interest paid to the total loan amount to determine the interest rate:
Interest paid = $1,307
Loan Amount = $45,000
Since the interest rate calculated above is less than the annual interest rate at 4%, we conclude that the loan taken was for a period of less than one year.
We can determine the period for which the loan was taken as follows:
Let 'x' be the time for which the loan was taken.
We need to solve for x in the proportion below
0.04 : 365 :: 0.029044444:x
Solving we get,
Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.
The balance in Cash at February 28 = $44900
<u>Explanation:</u>
Given:
Cash invested by stockholders of Bonita Enterprises = $49500
Cash revenues of Bonita = $10100
Expenses paid by Bonita = $14700
Calculation of balance in cash as follows:
The balance in Cash at February 28 = Cash Invested + Cash Revenues - Paid Expense=$ 49,500 + $ 10100 - $ 14,700= $ 44900
Hence the correct answer is $44900