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WARRIOR [948]
3 years ago
14

Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy

? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Business
1 answer:
AnnyKZ [126]3 years ago
4 0

Answer:

Expansionary monetary policies

Explanation:

A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.

In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.

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Kurt simmons has 50/100/15 auto insurance coverage. one evening he lost control of his vehicle, hitting a parked car and damagin
IrinaK [193]
Damage to the parked car is $5,400. Damage to the store is $12,650. Total damage is calculated as follows : 
Total damage = damage to the car + damage to the store Substitute the values in the formula : 
Total damage = $5,400 + $12,650 = $18,050. Total damage is $18,050. 
The insurance company will cover a maximum of $15,000. The remaining amount of the damage has to be paid by Kurt. The remaining amount is calculated as : 
Amount paid by Kurt = Total damage – amount paid by insurance company 
Substitute the values in the formula : 
Amount paid by Kurt = $18,050 - $15,000 = $3,050 
Therefore, he will have to pay the remaining $3,050
7 0
4 years ago
What is a​ quota? A. A quota is the same thing as a voluntary export restraint. B. A numerical limit a government imposes on the
LenKa [72]

Answer:

Option (B) is correct.

Explanation:

An import quota is defined as the restriction on the imports from the other nations. It is the direct restriction on the quantity of goods imported from the other countries. This restriction takes place to protect the domestic producers of the home nation from the foreign competition.

For example: The united states wants to import 50,000 cars from Japan but there is an import quota of 40,000 cars. So, the consumers in the United States won't be able to import remaining 10,000 cars.

8 0
3 years ago
1. Identify the major competitors for the brand in Pakistan clothinng
Hoochie [10]

Explanation:

hope you have find your answer

8 0
3 years ago
When might the exchange rate affect you most directly?
Tanzania [10]

Answer: answer d seem more likly because you   have then traveld to another country

Explanation:

8 0
3 years ago
If your gross pay is $380 and they take out $35.90 in state taxes,$52.70
masha68 [24]

Answer:

$262.40

Explanation:

Net pay is gross pay minus all deductions. To get the net pay, we add up all deductions and subtract them from gross pay

net pay =  $380-( $35.90+$52.70 +  $23.50 + $5.50 )

=$380- $117.60

=$262.40

3 0
3 years ago
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