Expansionary fiscal policy includes increasing government spending and decreasing taxes to increase aggregate demand.
Politics is a conscious system of guidelines to guide decision-making and achieve reasonable results. A policy is a statement of intent, implemented as a procedure or protocol. Policies are typically adopted by a governing body within an organization.
A policy is a law, regulation, procedure, administrative action, incentive, or voluntary practice of a government or other agency. Political decisions are often reflected in resource allocation. Health can be affected by policies in many areas. The term can refer to governments, public sector organizations and groups, individuals, executive orders, corporate privacy policies, congressional rules of procedure, and more. Policies are different from rules and laws.
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Answer:
A: $20,213
Explanation:
Required Inventory at end of June = 200 pounds
Leftover inventory from May = 80 pounds
Jars sold in June = 134 cases x 14 jars/case = 1,876 jars
The total amount required for each jar is the sum of the amount per jar plus wastage and spoilage:
The total amount of pounds needed to be bought in June is the weight required for all the 1,876 jars, plus the required Inventory at end of June minus the leftover inventory from May:
The reported amount for direct materials purchase budget (DM) for peach jam is given by:
Answer:
The correct answer is: A
Explanation:
The velocity of money is a measurement of the rate at which money is exchanged in an economy. It is the number of times that money moves from one entity to another. The velocity of money is important for measuring the rate at which money in circulation is being used for purchasing goods and services.
Economies that exhibit a higher velocity of money relative to others tend to be more developed. The velocity of money is also known to fluctuate with business cycles.
Velocity of money formula:
Velocity of Money = GDP / Money Supply
According to the<em> </em><em>quantity theory of mone</em><em>y</em>, inflation occurs because there is too much money available to buy the same amount of goods and services produced in the economy. It relates the general price level, the total goods and services produced in a given period, the total money supply and the speed (velocity) at which money circulates in the economy in the following equation:
MV = PQ
M stands for money.
V stands for the velocity of money (or the rate at which people spend money).
P stands for the general price level.
Q stands for the quantity of goods and services produced.
If for some reason the money velocity declines rapidly, it can offset the increase in money supply and even lead to deflation instead of inflation.
When more transactions are being made throughout the economy, velocity increases and the economy is likely to expand. <u>The opposite is also true: Money velocity decreases when fewer transactions are being made; therefore the economy is likely to shrink.</u>
Answer: a. Purchases, cash payments, and general
Explanation:
The accounts payable ledger has postings from the purchases journal, cash payments journal and the general journal.
The accounts payable ledger is also referred to as the creditors ledger because it shows the amount that a company owes its suppliers.
The purchase journal shows the record for the goods that a particular company buys on credit. Cash payments journal shows the transactions which the business pays in cash. The general journal shows business transactions when they take place.
Therefore, the correct option is A.
