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3 years ago

How does the government use monetary policy and fiscal policy to achieve its macroeconomic goals?

1 answer:

8 0

Monetary policy refers to actions by the Federal Reserve System (the Fed) to control the money supply. ... By expanding the money supply, the Fed stimulates economic growth. The government also uses fiscal policy— changes in levels of taxation and spending—to control the economy.

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Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Pro

Lilit [14]

Answer:

The cost of goods manufactured for June was $139,000

Explanation:

The cost of goods manufactured for June was shown below:

= Opening work in progress + direct material cost + direct labor cost + manufacturing overhead cost applied to work in progress - ending work in progress

= $22,000 + $55,000 + $28,000 + $51,000 - $17,000

= $139,000

The actual manufacturing overhead cost is irrelevant as it is not related to the work in progress that's why it is not be considered in calculation part.

Hence, The cost of goods manufactured for June was $139,000

5 0

3 years ago

Crane Company produces two models: Model 24 has sales of 300 units with a contribution margin of $40 each; Model 26 has sales of

pantera1 [17]

Answer:

Effect on income= 50*50= $2,500 increase

Explanation:

Giving the following information:

Model 26 has sales of 150 units with a contribution margin of $50 each.

To calculate the effect on income, we need to use the following formula:

Effect on income= number of units*unitary contribution margin

Effect on income= 50*50= $2,500 increase

3 0

3 years ago

Capital budgeting is concerned with making and managing expenditures on:________

vovangra [49]

Answer:

on your goal or achievement

7 0

3 years ago

Use the cost and revenue data to answer the questions. Quantity Price Total revenue Total cost 10 90 900 675 15 80 1200 825 20 7

azamat

Answer:

Check the explanation

Explanation:

Marginal revenue is the revenue earned by selling an additional unit of output. Marginal Revenue for fifteenth unit of output is calculated as below.

Marginal Revenue= $\frac{ATR}{AQ}$ = $\frac{1200 - 900}{15 -10} = 60$

Marginal Cost is the additional cost incurred on producing additional unit of output. Marginal Cost for fifteenth unit is calculated as below.

Marginal Cost= $\frac{ATC}{ AQ} =\frac{825-675}{15-10} =30$

The marginal revenue when the quantity is 25 is

The marginal Cost when the quantity is 15 is

The marginal profit of a monopoly is 0 when the marginal profit is equal to the marginal cost. The monopoly produces at an output where the marginal profit is equal to zero.

Thus, the output produced by the monopoly is

The corresponding price set is at $70.

120 units

A perfectly competitive market produces an output where the marginal cost is equal to

the average revenue. Thus a competitive firm produces

The corresponding price is set at $50.

130 units)

The monopoly price $70 is higher than the competitive firm's price $50.

Hence, the correct option is

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3 years ago

3. Colloids are used in food preparations like in baking<br>pastries and cakes.yes or no

Reil [10]

Yes they colloids are used in food perparations like pastries and cakes

8 0

3 years ago