Answer:
- a. monetary policy is completely ineffective, whereas fiscal policy is highly effective.
- a. monetary policy is completely ineffective, whereas fiscal policy is highly effective.
Explanation:
When the LM curve is horizontal, a change in money supply will not impact interest rates which would make monetary supply completely ineffective because people will be able to keep borrowing regardless of the money supply level in the economy.
If the IS curve is vertical, it means that output is independent of interest rates. This would again render monetary supply completely ineffective as output will not change as a result of a change in money supply. Fiscal policy will still work however because it would lead to more output being created via the multiplier process.
Education and training provides employers, managers, supervisors, and workers with: Knowledge and skills needed to do their work safely and avoid creating hazards that could place themselves or others at risk. Awareness and understanding of workplace hazards and how to identify, report, and control them.
Selection tools help a company or a recruiter find the best fit for their company. Applications, resumes, interviews, and employment tests ( such as personality tests) are all examples of selection tools. They help the employer SELECT their next employee and make it easier to find the traits they are looking for.
Answer:
Dr Factory Overhead $550
Cr Raw Materials Inventory $550
Explanation:
Based on the information given if the company incurred the amount of $550 of the indirect materials costs which means that the necessary journal entry will be to Debit Factory Overhead $550 and Credit Raw Materials Inventory $550
Dr Factory Overhead $550
Cr Raw Materials Inventory $550