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3 years ago

Explain why the Federal Reserve Bank might be concerned if the economy begins growing too quickly.

Business

1 answer:

Katen [24]3 years ago

6 0

Answer:

To check against high inflation rate

Explanation:

Inflation is the steady increase in the prices of goods and services in the economy per period. Inflation is associated with economic growth. Naturally, as the economy grows, the prices of different products and services tend to increase.

When the economy is growing at a fast rate, the inflation rate tends to increase. A rise in the inflation rate means prices are increasing at a high rate. When prices are unstable, planning and budgeting become challenging for individuals, firms, and the government. Inflation erodes the strength of a currency, which causes unstable prices and other economic challenges. The Federal Reserve keeps monitoring inflation and applies appropriate monetary policies to regulate economic growth and the inflation rate.

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The following revenue and expense account balances were taken from the ledger of Guardian Health Services Co. after the accounts

vekshin1

Answer:

Guardian Health Services Co.

Income Statement for the year ended February 28, 20Y0

$ $

Sales

Service Revenue 334,100

Cost of Goods sold

Supplies Expense <u> 4,180</u>

Gross Profit 329,920

Operating expense

Utilities Expense 26,800

Wages Expense 262,700

Depreciation Expense 17,400

Insurance Expense 8,530

Miscellaneous Expense 6,790

Rent Expense 70,300

Net profit/(loss) (62,600)

Explanation:

The income statement is a statement that shows the net profit or loss of a business for a period end. It shows the income made and expenses incurred in the course of a given period.

7 0

2 years ago

3. What challenges do you anticipate in implementing some of the above steps? Explain.

erica [24]

In implementing some of your steps, anticipate the challenges as they are bound to e related to your specific goal.

<h3>What are challenges?</h3>

Generally, challenges are simply a competitive situation to determine who is superior in a specific field.

In conclusion, in carrying out set goals, missions, or said steps or series of activities we tend to meet challenges, and these challenges are anticipated by the nature of activity.

Read more about Humans

brainly.com/question/18540902

6 0

2 years ago

According to the eNotes, when a potential customer sees the line, but never joins the line because they think it looks too long

Natali5045456 [20]

Answer:

Balking

Explanation: Balking means the tendency of an individual not to do something or let something happen due to the circumstances he /she feels is not conducive for he/she. if you balk at something, then you definitely do not want to do it

5 0

3 years ago

Suppose Alphonso’s town raised the price of bus tickets to $1 per trip (while the price of burgers stayed at $2 and his budget r

solong [7]

Answer:

(attached graph)

The increase in the ticket price makes the budget line slope to decrease. There will be less ticket available for Alphonso.

The increase in the bus tickets makes the opportunity cost of the hamburger to decrease as now, consuming an hamburger will make Alphonso renounce to a lesser amount of bus tickets. As the the opportunity cost is the goods or services we don't consume in favor for those we do.

Explanation:

4 0

3 years ago

Productivity may best be defined as

AleksandrR [38]

<span>The answer is C. Productivity is the ratio of outputs to inputs. This answer is correct because productivity is a measure of efficiency, and is not a measure of quantity, profit (revenue), or quality. Productivity is the measure of effectiveness in converting inputs to outputs.</span>

3 0

2 years ago

Read 2 more answers