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3 years ago

Expansionary fiscal policy is used in order to ______ the economy.

Business

1 answer:

Tresset [83]3 years ago

8 0

Answer:

stimulate

expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer

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On July 1, Bramble Corporation purchases 670 shares of its $6 par value common stock for the treasury at a cash price of $9 per

user100 [1]

Answer and Explanation:

The journal entries are shown below:

On July 1

Treasury stock Dr (670 shares × $9 per share) $6,030

To Cash $6,030

(Being the purchase of treasury stock is recorded)

For recording this we debited the treasury stock as it increased the treasury and credited the cash as it decreased the assets

On Sep 1

Cash Dr (420 shares × $14 per share) $5,880

To Treasury Stock (420 shares × $9 per share) $3,780

To Additional paid in capital - Treasury stock $2,100

(Being the resale of treasury stock is recorded)

For recording this we debited the cash as it increased the assets and credited the treasury stock and additional paid in capital as the sale is made

4 0

3 years ago

Katie just turned 25 today. By her 60th birthday she would like to have $1,000,000 saved. She plans to invest equal annual payme

AlexFokin [52]

Answer:

The correct option is b. $6,304.11.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount to have on her 60th birthday = $1,000,000

M = Annual payment or amount she needs to invest each year = ?

r = Interest rate = 8%, or 0.08

n = number of years beginning with her 27th birthday and ending on her 60th birthday = 60 - 27 + 1 = 34

Substituting the values into equation (1) and solve for M, we have:

$1,000,000 = M * (((1 + 0,08)^34 - 1) / 0.08)

$1,000,000 = M * 158.626670073155

M = $1,000,000 / 158.626670073155

M = $6,304.11014452251

Rounding to 2 decimal places, we have:

M = $6,304.11

This implies Katie needs to invest $6,304.11 each year to have exactly $1,000,000 by her 60th birthday.

Therefore, the correct option is b. $6,304.11.

4 0

3 years ago

Sandi, shift supervisor at Johnson Meatpacking, has the highest performing team. One reason for this is how she controls her tea

BaLLatris [955]

Answer:

concurrent

Explanation:

Concurrent control is when the work done by labour is monitored as the task is being performed. This is to ensure that the product of labour meets quality standards.

Feedback control involves reviewing information on the performance of workers to determine if performance meets quality standards.

Feedforward controls is also known as preventive control : identifies deviation from quality standards before they occur

5 0

3 years ago

These graphs represent the price and output quantities of purses under perfect competition and monopoly. How much more or less w

Anit [1.1K]

From the graphs presented for both the perfect competition and monopoly, the price for 5 purses in perfect competition is $30 and that in the monopoly is $50. The price is obviously lower in the perfect competition than in monopoly by $20. Thus, the answer would be letter C.

7 0

3 years ago

Read 2 more answers

Susan is having a bakery in the heart of the city and supplies special type of cheese cookies to all the retail outlets based on

ahrayia [7]

Answer:

The optimal stocking level is 243 boxes

Explanation:

In order to calculate the optimal stocking level we would have to calculate the following formula:

optimal stocking level=mean+(Z* standard deviation)

According to the given data we have the following:

mean=250 boxes per day

standard deviation=22 boxes

To calculate the z value we would have to calculate the service level as follows:

service level=shortage/(shortage+overage)

service level=3/(3+5)

service level=0.38

Hence, z value is -0.31

Therefore, optimal stocking level=250 + (-0.31 * 22)

optimal stocking level=243 boxes

The optimal stocking level is 243 boxes

5 0

3 years ago