Select the correct answer.

If Central Bank A cares only about keeping the price level stable and Central Bank B cares only about keeping output at its natu

dexar [7]

A) Both Central Bank A and Central Bank B should increase the quantity of money.

<h3>What is the Central Bank?</h3>

A financial institution with exclusive authority over the creation and distribution of money and credit for a country or a group of countries is known as the central bank. In contemporary economies, the central bank is typically in charge of monetary policy formulation and member bank regulation. Inherently non-market-based or even anti-competitive institutions are central banks. Many central banks, despite the fact that some have been nationalized, are not part of the government and are therefore frequently hailed as being politically independent. However, even though a central bank isn't technically the government's property, its rights are still created and safeguarded by the law.

Learn more about central banks with the help of the given link:

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8 0

1 year ago

on a visit to Russia you re offered a dessert that combines sweetened cheese with candied fruit and almonds you' re being served

valkas [14]

You're being served a Pashka

5 0

3 years ago

Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $13,500 f

gtnhenbr [62]

Answer:

Dr. Employee Benefits expense $22,700

Cr. Medical Insurance payable $13,500

Cr. Employee retirement program payable $9,200

Explanation:

The cost of fringe benefit provided to the employee of the company and any tax component attached to it is known as the employee benefit expense.

Total employee benefit expense is the sum of medical insurance and employee retirement program. As medical insurance and retirement program is payable until now so, it is recorded as a liability.

Employee benefit expense = $13,500 + $9,200 = $22,700

3 0

3 years ago

If you need tutor I'm here i tutor for 1-6th grade

BARSIC [14]

Answer:

ok thank you I will keep you in mind

7 0

3 years ago

Gault Corporation had the following shares of stock outstanding on December 31, 2018:

Andreas93 [3]

Answer:

The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

Explanation:

Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.

The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.

The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.

So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

5 0

3 years ago