Answer:
C - An expansionary fiscal policy involves the increase of government purchases and/or a decrease in taxes in order to increase aggregate demand
Explanation:
An expansionary fiscal policy is any policy undertaken by the government to increase money supply.
When government makes purchases, money supply increases.
When taxes are cut, disposable income increases which increases aggregate demand and money supply.
I hope my answer helps you.
The best way for Rick to handle this situation is to pledge them as a collateral so that it is a way of having them pledge in terms of arrangement in payment and that will benefit Rick and have the assurance that both methods used will still be their of advantage and would give them the upper hand or authority.
Answer:
Knowledge of psychology and related books and resources
Explanation:
Got it right on Edg
Answer: $5,440
Explanation:
When using the percent of sales method to determine bad debts, the company estimates a percentage that it believes will results in uncollectible debt and then applies it to the sales/revenue figure. The figure that is calculated is then debited along with the debit balance on the Allowance for doubtful accounts to the Bad debts account for the year and credited to the Allowance for doubtful accounts.
This company estimates that they will have 0.6% of credit sales uncollectible.
There are also $790,000 in sales of which all are on credit.
The Uncollectible estimate is therefore,
= 790,000 * 0.6%
= $4,740
This figure is then added to the debit amount on the Allowance for Uncollectible Accounts.
= 4,470 + 700
= $5,440
Note; A debit balance on the Allowance for doubtful debt account signifies that the bad debts were higher than anticipated the last time. This is why the figure is added to the current bad debts expense.
The option included in the M2 definition of money supply and not in the M1 definition is money market mutual fund shares.
<h3>What is M2?</h3>
M2 definition of money supply that includes cash, checking deposits, and near money. M2 is a broader measure of the money supply when compared with M1. It also less liquid than M1. M1 includes includes cash and checking deposits.
Here are the options:
a. Checkable deposits.
b. Currency held in banks.
c. Currency in circulation.
d. Money market mutual fund shares.
To learn more about M2, please check: brainly.com/question/13784664
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