The answer is false. A contract of sale of goods is one in which the seller transfers or agrees to transfer ownership of products to the buyer for a fee. A contract of sale may exist between one part-owner and another.
A selling contract can be absolute or conditional. Party A, for example, agrees to sale wheat crops to Party B. Both parties agree that if Party B pays the agreed-upon amount, he may cut and take the crops. This is a legitimate contract of sale because wheat crops are considered a good. Except for cash and actionable claims, everything transportable property is a good.
To learn more about contract, click here.
https://brainly.com/question/2669219
#SPJ4
davis corporation reported the following financial data for one of its divisions for the year; average assets of $510,000; sales of $1,050,000; and income of $121,000. the investment turnover is:
For one of its divisions, Davis Corporation provided the following financial information: average assets of $510,000, sales of $1,050,000, and income of $121,000. 2.059 is the investment turnover.
How many times does an investment turnover?The percentage of a portfolio that is sold in a given month or year is known as turnover in the investing industry. For deals executed by a broker, a rapid turnover rate results in higher commissions. An organization's total revenues are referred to as its overall turnover.
A business's revenue output is compared to its debt and equity using the investment turnover ratio. With a certain amount of funding, a management team's capacity to generate revenue
How are investment turnover figures determined?The turnover ratio gauges the annual trading activity of a fund. It is determined by dividing the lesser of the acquisitions or sales by the monthly average of net assets. Securities with a maturity of under a year are not taken into account.
sales = $1,050,000
assets= $510,000
income= $121,000
investment turnover= Net sales / Average investment assets
investment turnover= $1,050,000 / $510,000
investment turnover= 2.059
Learn more about investment turnover: https://brainly.com/question/16905774
#SPJ4
a firm has a total debt ratio of .47. this means the firm has 47 cents in debt for every: group of answer choices $1 in total equity. $.53 in total assets. $1 in current assets. $.53 in total equity. $1 in fixed assets.
A firm has a total debt ratio of 0.47, this means the firm has 47 cents in debt for every $0.53 in total equity. A debt ratio of 0.47 indicates that a company has 0.47 cents of debt for every $0.53 of equity.
A financial ratio that gauges a company's level of leverage is known as a debt ratio. When represented as a decimal or percentage, the debt ratio is the proportion of total debt to total assets. It can be seen as the percentage of an organization's assets that are financed by debt.
A ratio higher than one indicates that a significant portion of a company's assets are financed by debt, indicating that the organization has more liabilities than assets. If interest rates suddenly jump, a company with a high ratio may be in danger of defaulting on its loans.
To learn more about Debt ratio visit: https://brainly.com/question/14553933
#SPJ4
a company owns an asset that is fully depreciated. the asset is no longer being used in operations and has no market value. the company has decided to the asset by recording an entry to remove it from the balance sheet. multiple choice question.
The company has decided to a) discard the asset by recording an entry to remove it from the balance sheet.
Asset disposal, which is usually accomplished by selling or scrapping an asset, is the removal of an asset from a firm's records. These are frequently long-term assets like machinery, technology, or corporate cars that helped to produce revenues. In the reporting period in which the asset disposal occurs, a gain or loss may need to be recorded on the transaction.
In the given case, the firm owns an asset which is likely to be a fixed asset. If a business holds an asset that has undergone complete depreciation, then the asset has no market value and is no longer utilised in operations. The asset has been decided to be discarded by the firm, and an entry has been made to remove it from the balance sheet.
Complete Question -
A company owns an asset that is fully depreciated. the asset is no longer being used in operations and has no market value. the company has decided to____the asset by recording an entry to remove it from the balance sheet.
a) Discard
b) Depreciate
c) Take a loss on
Read more about asset discard on:
https://brainly.com/question/15688873
#SPJ4
pierce corp., an accrual-basis, calendar-year c corporation, had the following 2021 receipts: 2022 advance rental payments for a lease ending in 2023 $250,000 lease cancellation payment from a 5-year lease tenant 100,000 pierce had no restrictions on the use of the advance rental payments and renders no services in connection with the rental income. what amount of gross income should pierce report on its 2021 tax return? $100,000 $0 $350,000 $250,000
The gross income is $350000
The sum of an individual's earnings before taxes or other deductions is their gross income, which is sometimes referred to as their gross pay on a paycheck. This covers earnings from all sources, not only work, and is not restricted to earnings in cash; it also covers earnings from the receipt of goods or services. For businesses, the terms gross income, gross margin, and gross profit are equivalent. On the income statement, a company's gross income is calculated as total revenue less the cost of goods sold.
Gross Income=Advance Payment of Rent+Payment for Lease Cancellation
=$250,000+$100,000
=$350,000
Learn more about gross income:
https://brainly.com/question/26479727
#SPJ4
What term means that both management and employees strive to meet common objectives?.
When both management and employees strive to meet common objectives, it's called mutual commitment.
To be able to do mutual commitment in a business or organization, both management and employees need to appreciate each others' work and roles. It occurs as a part of the reciprocal process in a business or organization where the focus is on others before self. There are some things that must be taken care of to create mutual commitment:
Make sure that people are valued through meaningful work.Develop a sense of belonging for each member. Align objectives and goals, both personal and corporate, to achieve shared mutual commitments.Learn more about mutual commitment at https://brainly.com/question/14104754
#SPJ4
write how vermicompost is prepared in a pit
Explanation:
Vermicomposting pits are mainly used by farmers. These farmers dig a large hole that serves the purpose of burying worms and organic waste material. Pits made for vermicomposting are usually 1 m deep and 1.5 ms wide.
when a merchandising business is compared to a service business, the financial statement that is not affected by that change is the statement of owner's equity. true false
The statement is False. When comparing the merchandise and Service business the changes are mainly affected by the Balance Sheet in the Financial Statements.
When a merchandising business is compared to a service business, the financial Statement that is not affected by that change is the statement of Stockholders/owner's equity. In a perpetual inventory System, the Merchandise inventory account is duly used to reflect the beginning inventory.
Merchandising is any activity that aids in the sale of a product to a consumer in a retail setting. Retail in-store merchandising is the practice of exhibiting objects that are for sale in a way that inspires customers to buy additional items or products.
Visual display merchandising in retail refers to the practice of selling goods by influencing consumer behavior through product selection, display, pricing, and packaging. Disciplines and discounts, the actual presentation of products and displays, and judgments regarding which products should be shown to which customers at what time are all included in this. In a retail situation, cleverly including complimentary items or accessories is frequently a wonderful method to persuade customers to buy more.
To learn more about merchandising visit here:
brainly.com/question/17201577
#SPJ4
paradise corporation budgets on an annual basis for its fiscal year. the following beginning and ending inventory levels (in units) are planned for next year. beginning beginning inventoryinventory endingending inventoryinventory raw material* raw material* 50,000 60,000 finished goods finished goods 90,000 60,000 * three pounds of raw material are needed to produce each unit of finished product. if paradise corporation plans to sell 530,000 units during next year, the number of units it would have to manufacture during the year would be:
The number of unit Paradise corporation will have to manufacture during the year would be 500,000 unit .
Ending inventory :Ending inventory, also known as closing inventory, is the value of goods that a company has available for trade at the conclusion of a given account period. Calculating ending inventory is significant for businesses in nearly every assiduity.
Ending inventory is the quantum of inventory a company has in stock at the end of its financial time. It's nearly bonded with ending inventory cost, which is the quantum of money spent to get these commodities in stock. It should be computed at the lower of cost or market.
Equating the manufacturing unit :Manufacture unit = Ending inventory + Sale unit - Beginning unit
= 60,000+ 530,000- 90,000
= 500,000
Hence , the Manufacture unit = 500,000 Unit
What Is Beginning Inventory?Beginning inventory is the complete financial value of particulars that are in stock and ready to use or vend at the launch of an account period. Also called opening inventory, beginning inventory matches the former account period's ending inventory.
Learn more about beginning inventory :
brainly.com/question/24212635
#SPJ4
why would any firm want to restrict itself to a single segment, when multiple segments suggest the promise of more sales?
Any firm restricts itself to a single segment when multiple segments provides them more sales to provide more quality to its customers.
If any company wants more sales then they have to provide quality products to their customers. The quality will be provided only when the company restricts itself to one segment and completely focus on the manufacturing of best products in the market.
Quality is one of the main achievement of any company that restricts them to deal in only one segment.
Hence, it is necessary to restrict yourself to one segment if you want to provide quality to you customers.
To know more about quality here
https://brainly.com/question/26934403
#SPJ4
suppose the cpi level is 293.00 at the beginning of a year and 313.00 at the end of that year. what was the inflation rate for the year? %
The inflation rate of the year is 6.82%
Inflation is defined as the consistent increase in the price level in the economy. A moderate level of inflation is considered good for the economy as it creates a sense of working more and earning more among the people.
The monthly change in prices paid by American consumers is tracked by the Consumer Price Index (CPI). The CPI is calculated by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a selection of goods and services that is indicative of total consumer spending in the United States. One of the most widely used indicators of inflation and deflation is the CPI.
Inflation rate= [(Current CPI-PreviousCPI)/Previous CPI] X 100
Inflation Rate= [(313-293)/293] X100
Inflation Rate= 6.82
Learn more about inflation:
https://brainly.com/question/29347039
#SPJ4
is a callable bond more valuable to the issuer or the bondholder than a comparable straight bond and why?
Because the call option increases the value to the issuer, the price of a callable bond is always less than the price of a straight bond.
Better Callable bonds?Bonds with a call option are riskier for investors than bonds without one since the investor who had their bond called frequently needs to reinvest their money at a lower, less desirable rate. Callable bonds frequently yield higher yearly returns as a result, offsetting the possibility that the bonds may be called early.They offer a higher rate of return than usual, at least until the bonds are called away, which is why investors enjoy them. Callable bonds, on the other hand, are desirable to issuers because they enable businesses to cut interest costs down the road if rates drop.Because the call option increases the value to the issuer, the price of a callable bond is always less than the price of a straight bond. A callable bond has a greater yield than a straight bond.To learn more about Callable bonds refer to:
https://brainly.com/question/24129882
#SPJ4
japanese tariffs and quotas reduce national welfare the most in: a) agriculture. b) machinery. c) textiles. d) clothing.
The biggest impact of Japanese tariffs and quotas on national welfare is in agriculture. Hence, the correct answer choice for this question will be option (a).
Write a short note on tariffs.The government of a country or a supranational organization may impose a tax on the import or export of goods which is regarded as a tariff. In addition to giving the government money, import tariffs can control international trade and help or defend domestic businesses. Protective tariffs are among the tools of protectionism that are most frequently used, along with import and export restrictions and other non-tariff trade barriers.
There are two different kinds of tariffs: fixed (a set sum per unit of imported goods or a specific proportion of the price) and variable (the amount varies according to the price). Because they become more expensive as a result of taxes, people are less likely to buy imported items.
To know more about, tariffs, visit :
https://brainly.com/question/22685610
#SPJ4
an acceptable construction of a composite for a firm that complies with global investment performance standards could include all discretionary, fee-paying portfolios that:
An acceptable construction of a composite for a firm that complies with global investment performance standards could include all discretionary, fee-paying portfolios that follow a capital preservation strategy.
What is Global Investment Performance Standards (GIPS)?
Global Investment Performance Standards (GIPS) are a collection of voluntary guidelines that investment managers employ all around the world to guarantee complete disclosure and accurate depiction of their performance. Investors should be able to compare one firm's performance to that of other firms thanks to the criteria.
The GIPS Executive Committee oversees the Global Investment Performance Standards, which were developed by the CFA Institute, a global association for investment management professionals.
The Association for Investment Management and Research-Performance Presentation Standards was the predecessor to the Global Investment Performance Standards (AIMR–PPS).
To know more about Investment refer:
https://brainly.com/question/15353704
#SPJ4
X-treme bubbles have 11 percent of the global chewing gum market, worth $19 billion What are its total sales per year expressed in dollars?
50 Points/Please give a real answer only else will have to report the account.
Thank you.
The total sales per year for X-treme bubbles, based on the percentage they control of the global chewing gum market is $2.09 billion
How to find the total sales?When given the percentage of a market that a company controls, you can find the total sales per year to that company, by checking the annual worth of the market.
The total sales to X-treme bubbles based on their 11 percent ownership of the global chewing gum market is:
= Percentage ownership of market x Net worth of global chewing gum market
= 11% x 19 billion
= $2.09 billion
Find out more on total sales at https://brainly.com/question/14291245
#SPJ1
expected sales $ 10,000 units direct material and labor costs $ 150 per unit variable manufacturing overhead $ 20 per unit fixed manufacturing overhead $ 300,000 fixed selling and administrative expenses $ 150,000 average operating assets $ 2,000,000 required return on investment 20% what is the amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product?
The amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product will be 20%.
A managerial accounting technique known as "absorption cost," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
According to generally accepted accounting principles (GAAP), absorption costing is necessary for external reporting.
Total sales values = Total cost + Return on investment
Return on investment = 20% × 2,000,000 = 400,000.
Profit per unit = 400,000/10,000 units = 40 per unit
Total production cost = Variable cost + Fixed production overhead
= ((150 + 20) × 10,000 + ( 300,000)
= 2,000,000
Cost per unit = 2,000,000/10,000= 200
mark-up in (%) = profit per unit/ cost per unit
= (40/200)× 100 = 20%
To know more about absorption cost refer:
https://brainly.com/question/13781960
#SPJ4
billy has chosen to purchase a new vehicle. the vehicle costs $15,000. his apr is 10% and he will be financing the vehicle for 36 months. how much will billy pay each month for his new vehicle?
Billy has chosen to purchase a new vehicle. the vehicle costs $15,000. his apr is 10% and he will be financing the vehicle for 36 months. S he has to pay each month for his new vehicle is $484.01.
Annuity = Annuity * [(1 - (1 / (1 + r)n)]/r
Sum of $15,000 equals Annuity * [0.25826029636 / 0]
150.00 = Annuity * 30.9912355755 Annuity = 150.00 / 30.9912355755 Annuity = 484.0000808061 or 484.000078
The process of raising money or capital for any kind of expenditure is referred to as financing.
financing is crucial to bolstering business finances because it enables organizations to take risks and develop.
A purchase is the act of receiving products or services in return for cash or another form of payment. Typically, cash or credit is used for payment. A purchase might also be made in exchange for taking on a liability or as part of a barter exchange involving the exchange of various non-cash assets.
Learn more about financing here :
https://brainly.com/question/10024737
#SPJ4
your variable annuity charges administrative fees at an annual rate of 0.2 percent of account value. your average account value during the year is $230,000. what is the administrative fee for
The administrative fee for the year is
Administrative fee = Average account value × Expense rate
= $230,000 × 0.002 = $460
What is the purpose of administrative?
The main purpose of administrative law consists of ensuring accountability for administrative agencies.
What type of job is administrative?
Administrative workers are those who provide support to a company. This support might include general office management, answering phones, speaking with clients, assisting an employer, clerical work (including maintaining records and entering data), or a variety of other tasks.
What are the 7 administrative roles?
Seven excellent administrative skills to include in a resume
Microsoft Office.Communication skills.The ability to work autonomously.Database management.Enterprise Resource Planning.Social media management.A strong results focus.Learn more about administrative here:- https://brainly.com/question/27755659
#SPJ4
with a monopoly, marginal cost is less than price. does that mean too much or too little is produced by a monopoly for allocative efficiency? why?
The marginal cost for a monopoly is less than the price, the marginal utility / marginal cost ratio for the monopoly's product will be greater than the marginal utility / marginal cost ratio for the rest of the economy,
assuming that the rest of the economy is more competitive. As a result, if the rest of the economy produces less and moves those resources to the monopolistic industry, there will be a net gain in happiness. In other words, the monopolist produces too little for allocative efficiency.
The allocatively efficient quantity of output, also known as the socially optimal quantity, is where demand equals marginal cost, yet the monopoly will not produce at this point. A monopoly, on the other hand, produces too little at too high a cost, resulting in deadweight loss.
Learn more about monopolistic competition at
https://brainly.com/question/14055453?referrer=searchResults
#SPJ4
9) suppose you own a house that you are renting out to a group of college students for the 10-month academic year. you are charging $1,000 per month in rent. you will collect the first rent payment today and then on the first of the month each month thereafter. what is the value of this investment opportunity to you today if you could reinvest your income at an annualized rate of 6%?
Answer: $9779.06
Explanation:
Given,Period = 10 months Rent = $1000 per monthSince, rent is received on 1st day of the month, total number of future cashflows is 9 months. Rate of interest = 6% annual, therefore, interest per month = 6%/12months = 0.5%Present Value of Future Cashflows = Cashflow x PVIFA (Rate of Interest, Period)= $1000 × PVIFA (0.5%, 9)=$1000 × 8.77906= $8779.06Value of Investment = present value of future cashflows + rent received today = $8779.06 + 1000= $9779.06
a contra-asset account, such as allowance for doubtful accounts or accumulated depreciation, has a normal balance of a and causes total assets to . multiple choice question. credit; increase debit; increase credit; decrease debit; decrease
A Contra-asset account, such as Allowance for Doubtful Accounts or Accumulated Depreciation, has a normal balance of credit and causes total assets to decrease.
An economic entity or a business can own or control any resource as an asset. It is anything that has the potential to generate gains in terms of the economy. Assets are ownership value that can be exchanged for cash.
Assets include tangible things like machinery, real estate, raw materials, and inventory, as well as intangible things like patents, royalties, and other intellectual property. An account's balance is the amount still owing on it. In accounting, the term "balance" refers to the difference between the total of debit entries and the total of credit entries made into an account during a given financial period. A debit balance is displayed when there are more total debits than total credits.
Learn more about assets here :
https://brainly.com/question/13848560
#SPJ4
allison is about to close on a house. she wanted to take advantage of the low interest rate on the fha mortgage that seller lawrence has, but interest rates have risen. so she got lawrence's lender involved and applied for his mortgage. what kind of sale is this?
According to the given information, This is Sale with assumption of a mortgage.
In order to qualify as a sale with mortgage assumption, Allison contacted Lawrence's lender and submitted an application to assume his loan. Despite the rarity of these sales, FHA and VA loans do permit them.
A home mortgage issued by a bank or other lender that has been approved by the Federal Housing Administration (FHA) is insured by the government.Many conventional loans have lower minimum down payments than FHA loans, and applicants may have lower credit scores than is typically required.Families with low to moderate incomes can obtain a FHA loan to become homeowners. First-time homebuyers are particularly fond of them.Learn more about Federal Housing Administration (FHA), here
https://brainly.com/question/28891485
#SPJ4
the percentage analysis of increases and decreases in indivudual items in comparative financial statements is called
The term "horizontal analysis" refers to the percentage analysis of increases and decreases in individual items in comparative financial statements.
Financial statements are verified records of a company, a person, or another entity's financial activity and position. Financial information that is relevant is organized and presented in an approachable manner. Financial statements are written records that describe the operations and financial performance of a company. To ensure accuracy and for tax, financing, or investing purposes, financial statements are frequently audited by government agencies, accountants, firms, etc. The cash flow statement, income statement, and balance sheet are the three primary types of financial statements. A company's assets, liabilities, revenues, expenses, and cash flows from operating, investing, and financing operations are all displayed in combination by these three statements. Depending on a company's income and assets, the government can impose taxes on it.
Learn more about Financial statements here:
https://brainly.com/question/24296949
#SPJ4
in the late 1990s, the worldwide vitamin cartel with over $5 billion of sales included (select all that apply):
'in the late 1990s, the worldwide vitamin cartel with over $5 billion of sales included Coca-Cola.
The vitamin cartel is the most comprehensive and damaging criminal cartel conspiracy The Division has ever uncovered. Members of the vitamin cartel agreed on how much product each company would produce, how much it would charge, and the customers it would sell to. Its discoverer was Casimir Funk, considered the "Father of Vitamin Therapy".
The role vitamin D plays in so many bodily functions and the alarming number of people who are deficient in vitamin D make it the most important vitamin for the whole body and we may not be getting enough of it. is higher.
Learn more about Coca-Cola https://brainly.com/question/28256431
#SPJ4
an insured who had a life insurance policy for $1 million died. in filing the claim, his wife and children discovered that there was no beneficiary named on the policy. what will happen to the death benefit in this case?
In this case the Life insurance with no beneficiary will paid out to the insured's estate. A probate court then decides where the money goes.
What do you mean by life insurance?
Life Insurance tends to provide for financial support in the event of untimely death as well as acts as a long term investment. Beneficiaries of life insurance mainly include the policyholder appointed to receive the guaranteed death benefit of their life insurance policy. It is the person who is entitled to receive the benefits of the policy. In case without a mentioned beneficiary to claim the death payout, the benefit is paid to the deceased's estate
Life insurance majorly includes
Term life insuranceWhole life insuranceUniversal life insurance.To know more about Life insurance from the given link
https://brainly.com/question/1373572
#SPJ4
which of the following is true about a compliance orientation? group of answer choices employees are more likely to accept a compliance orientation over a values orientation. a compliance orientation is superior to a values orientation. a compliance orientation can aid in organizational ethical decision making. the most successful companies have adopted a compliance orientation. the use of legal terms, statutes, and contracts teach employees the rules and penalties for noncompliance.
A compliance orientation can aid in organizational ethical decision-making is true about a compliance orientation.
Compliance orientation is the tendency for individuals to conform to the rules and regulations of organizations. This tendency is often driven by a desire to avoid negative consequences, such as punishment or censure.
Individuals who are high in compliance orientation often have a strong sense of duty and a deep commitment to following the rules. They may also be highly sensitive to the expectations of others and feel a strong need to meet those statutes.
Hence, the correct option is "second".
To know more about Compliance, click here.
https://brainly.com/question/28093012
#SPJ4
boland manufacturing prepared a 2019 budget for 120,000 units of product. actual production in 2019 was 130,000 units. to be most useful, what amounts should a performance report for this company compare?
The amounts a performance report for Boland manufacturing company should compare the actual results for 130,000 units with a new budget for 130,000 units.
What does a performance report contain?A performance report discusses the results of a task or a person's efforts. The report may include a comparison of actual results to a plan or benchmark as well as the difference between the two numbers. When there is an adverse variation in a performance report, the recipient is expected to take action.
A properly-written performance report can help in the entire decision-making process and measure the performance of your company as well as identify any areas that need to be improved. A corporation develops a performance report to describe and assess its overall success. It gives a general picture of how the company is doing.
To learn more about performance report, visit:
https://brainly.com/question/13287252
#SPJ4
The HR team at an engineering company is working on drafting new cybersecurity policies. Two of the team members are in their first year of working in a professional setting and don't feel that comfortable speaking up in the group. To avoid groupthink, how might the team encourage those team members to share their thoughts?
A) Appoint a heckler to challenge any idea they bring up.
B) Change the timeline for the policy to be drafted.
C) Take deep breaths.
D) Gather their input outside of the meeting.
If two of the team members are in their first year of working in a professional setting and don't feel that comfortable speaking up in the group. To avoid groupthink, how might the team encourage those team members to share their thoughts is: C) Take deep breaths.
What is groupthink?Groupthink can be defined as the way in which members of a group tend to all accepts any decision or conclusion they reach , which implies that in this type of group the member does not against any viewpoint even if it will have negative impact on them.
Based on the given scenario taking a deep breaths will enables them to feel more comfortable and when they are comfortable they will have the zeal to share their thought or speak up what they have on their mind.
Therefore the correct option is C.
Learn more about groupthink here:https://brainly.com/question/10206116
#SPJ1
Answer:
It is D. Gather their input outside of the meeting.
Explanation:
Got 100% on quiz :)
warner bros. initially considered converting to sound production as a way to: a) compensate for the lack of visual interest in its low-budget product. b) respond to audience demand for talking pictures. c) manufacture a pretense for terminating the contracts of high-priced foreign-born actors. d) create a cost-cutting substitute for live entertainment on film programs.
Warner bros. initially considered converting to sound production as a way to Create a cost-cutting substitute for live entertainment on film programs.
Measures taken by a business to lower its costs and increase profitability are referred to as cost cutting. When a business is experiencing financial difficulty or when the economy is weak, cost-cutting measures are frequently put into place. Cost-cutting measures can also be taken if a company's management anticipates future problems with profitability, in which case they can be incorporated into the overall business strategy.
Closing facilities, streamlining the supply chain, downsizing to a smaller office or moving to a less expensive building or area are a few examples of cost-cutting measures. Other options include reducing or eliminating outside professional services like advertising agencies and contractors.
Learn more about Cost-cutting, here
https://brainly.com/question/6228150
#SPJ4
true or false: fiscal policy is probably the most direct way either to stimulate or to slow the economy.
It is true to say this. Fiscal policy can end the business cycle; monetary policy cannot. A crucial instrument at the government's disposal to affect a country's economic growth is fiscal policy. The monetary policy is used in conjunction with the fiscal policy to regulate a nation's money supply.
If inflation becomes uncontrollably high, the economy may require a slowdown. A government can employ fiscal policy in this case to raise taxes and drain money from the economy. Government spending may need to be cut as a result of fiscal policy, which would reduce the amount of money in circulation.
The use of government spending and tax policies to affect macroeconomic variables, such as total demand, employment, inflation, and economic growth is known as fiscal policy.
To know more about fiscal policy, click here:-
https://brainly.com/question/27250647
#SPJ4
a major criticism of the imf is that it imposes tight macroeconomic policy on any country it lends money to. this is referred to as a(n) blank approach.
A major criticism of the IMF is that it imposes a tight macroeconomic policy on any country it lends money to. This is referred to as a one size fits all approach.
What is one size fits all approach?It relates to policies or approaches that are standard and not modified according to individual needs.
The one-size-fits-all approach is one where all customers get the same treatment, regardless of their preferences. Unless a client is particularly important, chances are that virtually all the bank’s customers got the same treatment.
What is the IMF?The International Monetary Fund (IMF) is the central institution embodying the international monetary system and promotes balanced expansion of world trade, reduced trade restrictions, stable exchange rates, minimal trade imbalances, avoidance of currency devaluations, and the correction of balance-of-payment problems.
It is an organization of 190 countries.
Learn more about IMF here: https://brainly.com/question/27899589
#SPJ4
