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kaheart [24]
3 years ago
13

Expansionary fiscal policy is generally designed to ____________ aggregate demand and thus ____________ real GDP and employment

in the economy.
Business
1 answer:
vichka [17]3 years ago
4 0

Answer:

increase

increase

Explanation:

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Expansionary fiscal policies increases money supply which increases aggregate demand, as a result output  or real GDP increases

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that
Elza [17]

Answer:

Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate

Explanation:

Giving the following information:

Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.

<u>We need the information regarding the standard rate for each hour of labor and the number of hours required to manufacture each unit</u>. The formula for direct labor efficiency variance is:

Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate

6 0
3 years ago
To be useful for decision making, information should possess the fundamental qualities of relevance and.
grigory [225]

To be useful for decision making, information must possess the fundamental qualities of relevance and reliability.

<h3 /><h3>What makes information relevant and reliable?</h3>

In a company, information is essential for decision making, significantly compromising the positioning of a business. In order to be relevant and reliable, the information must be based on organizational facts, such as accounting records, which demonstrate the real financial situation of the business, and allow decision-making more aligned with the company's needs.

Therefore, there is also an information system that assists in the processing of a large volume of data, the Decision Support Systems, which, being based on knowledge, are able to provide information based on standards and organizational objectives, being an important support to management decision making today.

Find out more about Information System here:

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6 0
2 years ago
Avery Corporation's target capital structure is 35% debt, 10% preferred, and 55% common equity. The interest rate on new debt is
Andreyy89

Answer:

8.15%

Explanation:

The computation of the weighted average cost of capital as follows;

= After Cost of debt × weightage of debt + cost of preferred stock × weight of preferred stock + cost of common equity × weight of equity

= 6.50% × (1 - 0.40) × 35 ÷ 100 + 6% × 10 ÷ 100 + 11.25% × 55 ÷ 100

= 1.37% + 0.60% + 6.19%

= 8.15%

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3 years ago
The price of the candy corporation stock will generally increase when there is:
Tcecarenko [31]

Answer:

More candy being bought that is the same brand.

Explanation:

5 0
3 years ago
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6 0
4 years ago
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