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3 years ago

A. Fiscal Policy involves changing ___. In the United States, Fiscal Policy is implemented by the .

Business

1 answer:

Ede4ka [16]3 years ago

6 0

Answer:

a. Fiscal Policy involves changing government purchases and tax. In the United States, Fiscal Policy is implemented by the federal government.

b. An expansionary fiscal policy can be used to address a Recessionary Gap by reducing taxes and increasing government purchases.

Explanation:

Fiscal policy can be described as the employment of the government purchase and taxation level by the federal goveernment with the aim of influencing the aggregate demand and economic activity level.

Expansionary fiscal policy occurs when the government increases its purchases and reduces taxes in order to close Recessionary Gap, while contractionary fiscal policy is when the government reduces it purchases and increases taxes.

Based on this explanation, we have:

a. Fiscal Policy involves changing government purchases and tax. In the United States, Fiscal Policy is implemented by the federal government.

b. An expansionary fiscal policy can be used to address a Recessionary Gap by reducing taxes and increasing government purchases.

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Wrapping up the team activities can include preparing the final reports, giving feedback, analysing the results, etc.

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3 years ago

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3 years ago

At December 31, 2013, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $2,700. It w

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The adjusting entry would recognise insurance expense of $1,500.

Explanation:

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3 years ago

Aerotron Electronics has just bought a used delivery truck for $15,000. The small business paid $1,000 down and financed the res

vladimir1956 [14]

Answer:

a) 12.23%

b) 12.94%

c) 14th month payment interest = $157.33

14th month principal = $369.50

d) 18th month payment interest = $142.04

18th month payment interest = $384.79

e) 22nd month payment interest = $126.12

22nd month payment interest = $400.71

Explanation:

price of truck = $15000

down payment = $1000

Loan amount = $14,000

assume monthly interest rate = r%

Loan amount after 1 year will be = 14000 * (1+r%)12

next we will determine the annuity factor = [ (1/r)-[(1/r)*(1/ (1+r)t)] ]

r = periodic interest rate , t = number of payments

monthly loan payment = $14000*(1+r%)12 / [ (1/r)-[(1/r)*(1/ (1+r)36)] ]

hence r = 1.019%

a) nominal interest rate

= 1.019% *12 = 12.23%

b) effective interest rate

= (1+1.019%)^12 -1 = 12.94%

attached below is the Amortization schedule

c) 14th month payment interest = $157.33

14th month principal = $369.50

d) 18th month payment interest = $142.04

18th month payment interest = $384.79

e) 22nd month payment interest = $126.12

22nd month payment interest = $400.71

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3 years ago

Able, on behalf of Pix Corp., entered into a contract with Sky Corp., by which Sky agreed to sell computer equipment to Pix. Abl

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Answer:

D) Pix must have knowledge of all material facts relating

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If the contract is beneficial for Pix, then they will want to ratify it. Unless Sky is aware that Able was not authorized to sign contracts on behalf of Pix, they probably wouldn't even tell them about what really happened. Although, Pix will want to know all material facts relating to the contract at the time it is ratified in order to verify if it is really good for them.

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3 years ago

A. Fiscal Policy involves changing _______________. In the United States, Fiscal Policy is implemented by the ____________.

A. Fiscal Policy involves changing ___. In the United States, Fiscal Policy is implemented by the .