How did Joe Biden get president? ⇔∈∉∧⊇←²³√∛·×÷±≈≠≥≤≡≅⇒,㏒

Eduardwww [97]

Answer:

1. The larger the federal deficit, other things held constant, the higher are interest rates. TRUE

Explanation:

The government raises money to cover the deficit by issuing bonds, hence the supply of bonds is increased and therefore the price of bonds decreases. The price of bonds is negatively correlated with the interest rates and hence it leads to an increase in interest rates.

2. If the Fed injects a huge amount of money into the markets, inflation is expected to decline, and long-term interest rates are expected to rise. FALSE

Explanation:

When the Fed injects a huge amount of money into the markets, the supply of money would increase and this would shift the money supply curve to the right. In the short-run, the interest rates would decrease. This is also known as the 'Liquidity Effect'. However, the liquidity effect is followed by the following offsetting effects,

-Income effect

-Price level effect

-Expected inflation effect

The net effect on interest rates depends on the magnitude of the above mentioned effects. Additionally, an increase in the money supply may lead people to expect a higher price level in the future, thus inflation may increase.

3. Long-term interest rates are not as sensitive to booms and recessions as are short-term interest rates. TRUE

Explanation:

During a recession or a boom, the monetary authorities, use fiscal policy to intervene the market. They, change the short-term interest rates to moderate the economy during a boom or a recession.

4. When the economy is weakening, the Fed is likely to decrease short-term interest rates. TRUE

Explanation:

When the economy is weakening, that is, it is in a recession, short-term interest rates are decreased, which would stimulate the economy. Firms would be able to get loans at a cheaper price and households would have to pay less credit on mortgages etc. This would increase the output of the economy.

4 0

4 years ago

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Wildhorse Company has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis

Fiesta28 [93]

Answer:

. If Wildhorse’s tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate?

Answer is 0.

Explanation:

The answer is 0 because it has not impact in the accumulated value of the bad debts expenses.

The impact is in the current year of 2020 on the estimated value of $132,000 that will be reported as bad debt expenses but there is no impact in the accumulated value becasue it only has an impact in the current estimation.

7 0

3 years ago

Monique's Unique Boutique sells clothing from around the world in the United States. Monique regularly travels overseas to find

Helga [31]

Monique is a(n) Importer.

What is an Import?

Any good or commodity brought into one country from another. Customs authorities must be involved in both the import and export countries.

Import trade means goods and services purchased in one country from another. Because products are frequently transported by ship to foreign countries, the term "import" derives from the word "port." Imports, like exports, are the backbone of international trade.

In this case, if the cost of a country's imports exceeds the value of its exports, the country has a negative balance of trade (BOT), also known as a trade deficit.

Objectives of Import Trade:

To speed up industrialisation
To meet domestic demand
To overcome natural disasters
To improve standard of living
To ensure national defense

Know more about trade here:

brainly.com/question/17717899

#SPJ4

6 0

2 years ago

Describe one educational goal, one career-related goal, and one lifestyle-related goal.

kicyunya [14]

Education goal: graduate high school as a junior, career related goal: eventually get a stable job in the medical field, lifestyle related goal be 100% happy with who i am i’m about 80% :)

7 0

3 years ago

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Liquidating Partnerships:

ryzh [129]

Answer:

The correct answer is $22,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the Non cash Assets prior to liquidation,

So, Non cash Assets = Capital account of Todd + Capital account of Gentry + Liabilities

= $25,000 + $49,000 + $3,000 = $77,000

Assets sold= $71,000

So, Gain or Loss on Liquidation = Assets sold - Non cash Assets

= $71,000 - $77,000 = -$6,000

So, Loss on liquidation = $6,000

As both partners share income and losses equally, then

Todd share in loss = $6,000 × 50% = $3,000

So, Todd cash balance = Capital account of Todd - Todd share in loss

By putting the value, we get

Todd cash balance = $25,000 - $3,000 = $22,000

(Note.= As there is no partner with name of Parker, Hence we calculate Todd cash balance.)

8 0

4 years ago