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MissTica
2 years ago
5

If the Federal Open Market Committee engages in an open market purchase, it will shift the money _____ curve to the _____. deman

d; right demand; left supply; right supply; left
Business
1 answer:
omeli [17]2 years ago
4 0

If the Federal Open Market Committee engages in an open market purchase, it will shift the money supply curve to the right.

When the Federal Open Market Committee engages in an open market purchase, it is conducting an expansionary monetary policy. The aim of expansionary policies is to increase the money supply in the economy.

When an expansionary monetary policy is conducted, there would be an increase in the supply of money in the economy. This would lead to a rightward shift of the money supply curve.

To learn more about open market purchase, please check: brainly.com/question/4446110

You might be interested in
Weber Company purchases $52,200 of raw materials on account, and it incurs $62,200 of factory labor costs. Supporting records sh
netineya [11]

Answer:

This problem requires us to pass journal entry to assign overhead to the Assembly and Finishing Departments.

We know that overhead is allocated on estimation basis through applied overhead account. The basis of assignment is given in the question. The overhead will be assigne/recorded in relevant department work in process cost account. The journal entry is given below.

Debit Assembly WIP Account                         $ 70,720

(44,200*1.6 = 70.720)

Debit Finishing WIP Account                           $ 28,000

((62,200-44,200)*1.6 = 28,800)

Credit Factory Overhead applied Account    $ 99,520

3 0
3 years ago
A proposed change to federal income tax laws would eliminate deductions from taxable income for donations a taxpayer has made to
Vilka [71]

Answer:

The correct option here is A).

Explanation:

Option A - is correct because according to the conclusion given in the argument, charitable institutions would have to reduce their services and some might have to close their doors , which means the assumption we are going to take will have a direct affect on these institutions , now if we assume that this assumption is false, that means whether this change comes or not charitable institutions will receive donations but that is not the case , so this option has to be correct.

Option B - this option is not right because it is nowhere said that these wealthy individuals are the only source of donations for charitable institution.

Option C - this option is also not correct because here no assumption is being made, the given statement is a consequence of not bringing the change.

Option D - this option is also not correct because there can be other individuals who can make donations.

Option E - this option is also not correct because here an alternative change to tax law is being talked about not the assumption of the argument.

6 0
4 years ago
Production and sales estimates for March for Robin Co. are as follows: Estimated inventory (units), March 1 18,000 Desired inven
nevsk [136]

Answer:

Production = 27600 units

Explanation:

The number of units that must be produced during the month should be enough to meet the selling requirement for the month plus the desired level of ending inventory. Any starting of beginning inventory at the start of the month will reduce the number of units to be produced. Thus, the formula to calculate production for the month is,

Sales = Opening inventory + Production - Closing Inventory

Total sales = 7000 + 8000 + 9000 = 24000

24000 = 18000  +  Production  -  21600

24000 + 21600 - 18000 = Production

Production = 27600 units

7 0
4 years ago
Blue Company acquired a manufacturing facility on four acres of land for a lump-sum price of $8,400,000. The building included u
Ksju [112]

Answer: c.$2,520,000 $2,520,000 $3,360,000

Explanation:

Sum the fair values from the independent appraisals up;

= 3,480,000 + 3,480,000 + 4,640,000

= $11,600,000

The proportion of the individual fair value to the total fair value can then be used to calculate the originals from the lump sum;

Building

= 3,480,000/11,600,000 * 8,400,000

= $‭2,520,000‬

Land

= 3,480,000/11,600,000 * 8,400,000

= $‭2,520,000‬

Equipment

= 4,640,000/11,600,000 * 8,400,000

= $‭3,360,000‬

6 0
3 years ago
The following transactions occurred during a recent year:
Natasha_Volkova [10]

The Company's preliminary Net Income can be determined as $575.

Preliminary net income = Total Revenue - Total Expenses

= $575 ($4,230 - $3,655)

Revenue:

d. Sales Revenue      $680

f. Service Revenue $2,870

i. Service Revenue    $680

Total Revenue      $4,230

Expenses:

a. Wages Expense       $1,700

e. Utilities Expense     $1,360

h. Travel Expense           $115

k. Advertising Expense $480

Total Expenses         $3,655

Thus, the company generated a preliminary net income of $575 for the period.

Learn more about determining net income at brainly.com/question/19850768

6 0
3 years ago
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