Answer:
B. has no effect on total assets.
Explanation:
Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.
On receipt of cash, debit cash and credit accounts receivable.
Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.
Answer:
A) To cut the interest rate from 2% to 1.5%, the Federal Reserve needs to increase the money supply. The Open Market Committee will have to sell US Treasury security bonds in order to increase the money supply. This in turn will increase commercial bank's reserves, who in turn, will lower their interest rates in other to get rid of excess reserves.
B) Banks will lend more money because they now have excess reserves. It will increase the nation's money supply because banks create money when they make loans.
C) This will typically increase aggregate demand because a lower interest rate and cheaper loans result in a higher demand for financial securities. Firms will take more loans, they will use this loans for investments, and this investments will in turn increase production. Increased production means a higher supply of goods and services at a better price, and consumers will take advantage of it.
Answer:
JW Marriott JR
am not sure hope this will help
Answer:
The Roosevelt Corollary was an extension of which of the following policies?
the gold standard
the Dawes Act
the Treaty of Paris
the Monroe Doctrine
Explanation:
The Roosevelt Corollary was an extension of which of the following policies?
the gold standard
the Dawes Act
the Treaty of Paris
the Monroe Doctrine
The Roosevelt Corollary was an extension of which of the following policies?
the gold standard
the Dawes Act
the Treaty of Paris
the Monroe Doctrine
The Roosevelt Corollary was an extension of which of the following policies?
the gold standard
the Dawes Act
the Treaty of Paris
the Monroe Doctrine
To maintain the same standard of living, the average family must spend more money.
