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love history [14]
3 years ago
14

True or false: Expansionary monetary policy will increase the interest rate to bolster borrowing and spending, which will increa

se aggregate demand and expand real output.
Business
1 answer:
Bas_tet [7]3 years ago
6 0

The statement is false.

Expansionary monetary policy are steps taken by the Central bank of an economy to increase the level of aggregate spending in the economy and bolster the economy.

One of the tools of an expansionary monetary policy is reducing interest rates. When interest rates are reduced, borrowing increases and spending increases. Aggregate demand rises and the real output increases. Increasing interest rate is an examples of a contractionary monetary policy.

To learn more, please check: brainly.com/question/15566475

You might be interested in
A _____ is an announcement that promotes a program of a federal, state, or local government or of a nonprofit organization.
telo118 [61]

Answer:

c. public service advertisement

Explanation:

Public service advertisement  -

It is a type of message or a piece of information to spread for public interest with out any charge , the main focus behind this message , is to create awareness , and to mold the attitude of people towards any social aspect of the country .

Hence , the correct term for the given statement is  c. public service advertisement .

8 0
3 years ago
Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $1
masya89 [10]

Answer:

Amount deposit = $118,411.4 (Approx.)

Explanation:

Given:

Future amount = $150,000

Rate of interest = 6% compounds semiannual

Number of year = 4 year

Find:

Amount deposit

Computation:

Compounds semiannual

So,

Rate of interest = 6% / 2 = 0.03

Time taken = 4 x 2 = 8 times

So,

A = P[1+r]ⁿ

150,000 = p[1+0.03]⁸

150,000 = p[1.03]⁸

150,000 = p[1.26677]

p = 150,000 / 1.26677

p = 118,411.393

Amount deposit = $118,411.4 (Approx.)

4 0
3 years ago
debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows: April 1, wor
Rina8888 [55]

Answer:

The conversion cost per equivalent unit is $3.31

Explanation:

The computation of the conversion cost per equivalent unit is shown below:

= Total conversion costs ÷ Total equivalent units

where,

Total conversion cost = completed units + Conversion costs during April

                                    = $6,000 + $35,000

                                    = $41,000

And, the total equivalents units equal to

= Finished good units × percentage of completion + ending work in process units  × percentage of completion

= 11,500 units × 100% + 1,500 units × 60%

= 11,500 units + 900 units

= 12,400 units

Now put these values to the above formula  

So, the per unit would equal to

= $41,000 ÷ 12,400 units

= $3.31 per unit

7 0
3 years ago
Candice bought a shipment of jeans to sell at her store for $20 each. She'd
rusak2 [61]

Answer:

D. $28

Explanation:

Given the following data;

Cost price = $20

Markup = 40%

To find the selling price;

Markup price = 40/100 * 20

Markup price = 800/100

Markup price = $8

Next, we would add the markup to the cost price;

Selling price = markup price + cost price

Selling price = 8 + 20

Selling price = $28

Therefore, the price of each pair of jeans is $28.

6 0
3 years ago
The company has an opportunity to sell 20,000 additional units at $13 per unit. The additional sales would not affect its curren
fiasKO [112]

Answer:

$810,000

Explanation:

incremental revenues = 20,000 x $13 = $260,000

incremental direct materials costs = 20,000 x $2 = ($40,000)

incremental direct labor costs = 20,000 x $4 = ($80,000)

additional overhead costs = $200,000 x 15% = ($30,000)

additional administrative expenses = ($86,000)

incremental net income = $24,000

combined net income = incremental net income + regular net income = $24,000 + $786,000 = $810,000

3 0
3 years ago
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