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alexandr402 [8]
2 years ago
15

Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy

B. contractionary fiscal policy C. expansionary fiscal policy D. expansionary monetary policy
Business
1 answer:
zloy xaker [14]2 years ago
4 0

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

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Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr
Ludmilka [50]

Answer:

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

Explanation:

Rules:

Debit side:

Increase in asset

Increase in expense

Decrease in liability

Decrease in equity

Decrease in income or sales

Credit side:

Decrease in asset

Decrease in expense

Increase in liability

Increase in equity

Increase in income or sales

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

8 0
2 years ago
Before a response test, a student should
Jet001 [13]

Answer:

d

Explanation:

All of these can be useful when taking a test. you should always make a study guide, talk to the teacher, And practice the questions that could be on the test.

6 0
2 years ago
If your co-worker sends you $30 each week via Cash App for lunch and you transfer it to your bank account instantly (1.5% fee),
EleoNora [17]

Answer:

$23.4

Explanation:

Each week, the co-worker sends $30, the feed for transfers is 1.5%. The charges per week are

=1.5 % of $30

=1.5% x $30

=0.015 x $30

=$0.45

One year has 52 week, The charge per year will be

=$0.45 x 52

=$23.4

7 0
3 years ago
The inspection of meat delivered from chicago to new york is the responsibility of
Misha Larkins [42]
The United States president Donald trump
6 0
3 years ago
Marquis Company uses a weighted-average perpetual inventory system.
bogdanovich [222]

Answer:

The correct answer is "$136.44"

Explanation:

According to the question,

Total units will be:

= 10 \ unit+15 \ unit

= 25 \ unit

Average cost will be:

= \frac{[(10\times 12)+(15\times 14)]}{29}

= \frac{120+210}{29}

= \frac{330}{29}

= 11.38 ($)

hence,

The cost of sale will be:

= Units \ sold\times Average \ cost

= 12\times 11.38

= 136.44 ($)

6 0
3 years ago
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