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2 years ago

How does increasing interest rates decrease inflation.

Business

1 answer:

Vaselesa [24]2 years ago

3 0

Answer:

As interest rates are increased, consumers tend to save because returns from savings are higher. With less disposable income being spent, the economy slows and inflation decreases.

Explanation:

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During the past year, a company reported net income of $230,000. Depreciation expense was $22,000. In December the company recei

tamaranim1 [39]

Answer: $259000

Explanation:

Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:

Net income = $230,000

Add: Depreciation expense = $22,000

Add: Rent = $7000

Total = $259,000

8 0

3 years ago

Bay crab processor has a contract with jim, a local crabber, to buy all the crabs jim catches during the season for 35 per bushe

vichka [17]

The answer to this question is the "output contract". This is a mutual agreement between the producer of the product and the buyer. The producer agrees that he will sell all his product to the buyer and the buyer agrees that he will buy all the product delivered to him by the producer. Thus, to complete the sentence we have it "Bay crab processor has a contract with Jim who is a local crabber and inform Jim that he will buy all the crabs. Then, Jim catches during the season for 35 per bushel. this is an example of an OUTPUT contract."

3 0

3 years ago

Scenario 34-1. Take the following information as given for a small, imaginary economy: When income is $10,000, consumption spend

laiz [17]

Answer:

0.75

Explanation:

Marginal Propensity to Consume (MPC) is the change in consumption due to change in income

Change in consumption = $7,250 - $6,500 = $750

Change in income = $11,000 - $10,000 = $1,000

MPC = Change in consumption / Change in income

MPC = 750 / 100

MPC = 0.75

6 0

3 years ago

In 2022 the Cheyenne Corp. had net credit sales of $870000. On January 1, 2022, the Allowance for Doubtful Accounts had a credit

OleMash [197]

Answer:

$22,450

Explanation:

Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance

Beginning bal. of Allowance for Doubtful Accounts ($21,600)

- Uncollectible Accounts Receivable written off $32,700

Adjustment of Allowance for Doubtful Accounts $11,100

Accounts receivable balance at December 31 $11,350

+ Adjustment of Allowance for Doubtful Accounts $11,100 Adjustment to Allowance for Doubtful Accounts $22,450

at December 31, 2022

5 0

3 years ago

Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour. If the te

zhuklara [117]

Answer:

But if they both work together in a way that Alpha produces only apples Beta produces only oranges then they would benefit from trade.

Explanation:

Then alpha should produce only 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour.

If Alpha produces oranges there will be a loss because he produces less oranges. But Beta 's choice will not affect the trade.

There are no incentives for Beta to specialize and trade with Alpha.

But if they both work together in a way that Alpha produces only apples Beta produces only oranges then they would benefit from trade.

4 0

3 years ago