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3 years ago

Which action is an example of an expansionary monetary policy?

Business

2 answers:

Talja [164]3 years ago

7 0

Answer:

A. Lowering the interest on reserve rate.

kicyunya [14]3 years ago

6 0

A. Lowering the interest on reserve rate.

Expansionary monetary policy increases money supply by lowering interest rates

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Paxson began 2014 with an inventory T-account debit balance of $22,000. In 2014, its inventory purchases amounted to $42,000, an

sveta [45]

Answer:

$46,000

Explanation:

Note: The balance sheet is shown in the attachment. Kindly find it below:

The computation of the cost of goods sold expense is shown below:

Cost of goods sold = Opening inventory + Purchase - ending inventory

where,

Opening inventory = $22,000

Purchase = $42,000

And, the ending inventory is $18,000

So, the cost of goods sold is

= $22,000 + $42,000 - $18,000

= $46,000

Basically we applied the above formula to find out the cost of goods sold expense in 2014

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3 years ago

During 2010, Congress debated the advisability of retaining some or all of the tax cuts signed into law by former President Geor

Zolol [24]

Answer and explanation:

The law of Diminishing Marginal Utility states that the more you consume a good or use a service, the less satisfied you will be with each successive use or consumption. It is an important concept in determining consumer preferences. It assumes consumers are rational and will spend money in a way that maximizes contentment with each subsequent unit without negatively affecting their total enjoyment.

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3 years ago

You made an investment of $16,500 into an account that paid you an annual interest rate of 2.8 percent for the first 7 years and

iragen [17]

Answer:

0.05712790 or 5.71%

Explanation:

Annual rate of return = [(1+ r1)^n1 x (1 + r2)^n2]^[1/(n1 + n2)] - 1

n1 is the time period in which annual interest rate =2.8%

n2 is the time period in which annual interest rate =7.2%

So, n1 = 7 years and n2 = 14 years

= [(1+2.8%)^7 x (1+7.2%)^14]^[1/(7 + 14)] - 1

= (1.21325420 x 2.64683577) ^ 1 / 21 - 1

= 1.05712790 - 1

= 0.05712790 or 5.71%

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3 years ago

Which of the following actions would improve your credit score? Which of the following actions would improve your credit score?

Volgvan

Answer B is correct. Paying off your credit card bill will reduce the amount of debt you have and improve your credit score. Closing old credit cards only works if they are unused. As savings accounts are not included in a credit report, opening a new savings account will not have an effect, either negative or positive, on your credit score. Using up your credit limit will have the negative effect of lowering your credit score.

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4 years ago

Read 2 more answers

The market price of hamburgers in a college town increased recently, and the students in an economics class are debating the cau

agasfer [191]

Please find attached the graphs containing the requested information

The dominant cause of the increase in the price of hamburgers can be determined by the direction of change on quantity demanded: If the equilibrium quantity of hamburgers decreases, then the supply shift in the market for hamburgers must have been larger than the demand shift.

The demand curve shows the relationship between price and quantity demanded. The demand curve is negatively sloped.

The supply curve shows the relationship between price and quantity supplied. The supply curve is positively sloped.

If the increase in the price of hamburgers is as a result of burger joints closing down.

If burger joints closes down, the supply of hamburgers would decrease. The supply curve would shift to the left. As a result of the leftward shift of the supply curve, equilibrium price would rise and equilibrium quantity would decrease.

The increase in the price of hamburgers is as a result of a decrease in the price of French fries.

Hamburgers and French fries are complement goods. Complement goods are goods that are consumed together. An decrease in the price of French fries would lead to an increase in the demand for hamburgers. This would lead to a rightward shift of the demand curve while the supply curve remains unchanged. As a result, both equilibrium price and quantity would increase.

If both events are partially responsible, the supply curve would shift to the left, leading to an increase in price and a decrease in quantity and the rightward shift of the demand curve would lead to an increase in equilibrium price and quantity.

If the decrease in supply is the dominant factor, there would be a decrease in equilibrium quantity.

If the increase in demand is the dominant factor, there would be an increase in equilibrium quantity.

To learn more about demand, please check: brainly.com/question/14456267?referrer=searchResults

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3 years ago