Answer:
the spending and tax policy that the government pursues to achieve particular macroeconomic goals.
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Fiscal policy typically includes the spending and tax policy that a government pursues in order to achieve particular macroeconomic goals such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.
Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented.
Answer:
Explanation:
Given:
Total population after time (P) = 100% + 50% = 1 + 0.5 = 1.5
Starting population (p) = 100% = 1
Number of year (t) = 4 year
rate of growth = r
Computation:
Exponential growth function for population :
P = 
1.5 = 
1.5 = 
From taking log:
4r = ln(1.5)
Answer:
21,000 units
Explanation:
The number of units expected to sold in May is the combination of expected sales volumes in Territory W,Territory X and Territory Y.
In other words,total sales volume is the addition of all segments' sales volume.
Territory W has expected sales of 6,000 units
Territory X has expected sales of 7,000 units
Territory Y has expected sales of 8 000 units
Total units expected to be sold=6,000+7,000+8,000
=21,000 units
The expected production could be computed as expected sales volume +desired ending inventory minus desired opening inventory
Answer:
Lundholm, Inc
Journal Entries
Date Account Titles Debit Credit
May 1, 18 Cash $500,000
Bonds payable $500,000
(To record the bond issuance)
31 Oct, 18 Interest Expenses $22,500
(500000*9%*6/12)
Cash $22,500
(To record payment of the first semiannual period’s interest)
Nov 1, 19 Bonds payable $300,000
Loss on Bonds $3,000
Cash $303,000
(To record retirement the bonds at 101 on November 1, 2019)
Answer:
The correct answer is C
Explanation:
As the yogurt company, launched a effective plan for the marketing strategy. But the market responded and the consumers flocked to purchase the yogurt. So, it means that the plan does not work in the market.
Therefore, the company need to update the market plan so that the more successful the plan will be it will require a revision and a faster plan.
