Determine whether the Federal Reserve would pursue contractionary monetary policy, expansionary monetary policy, or no change in policy in each of the following situations. a. Inflation is 10 percent, above its average of 3 percent in the last several years: (Click to select)No change in policyContractionary monetary policyExpansionary monetary policy.
b. The output gap is positive: (Click to select)Contractionary monetary policyNo change in policyExpansionary monetary policy.
c. Unemployment is at a record high: (Click to select)Contractionary monetary policyNo change in policyExpansionary monetary policy.
d. The economy is experiencing full employment: (Click to select)No change in policyContractionary monetary policyExpansionary monetary policy.
e. The economy is on the brink of deflation: (Click to select)No change in policyExpansionary monetary policyContractionary monetary policy.
f. A new technology causes output to surge: (Click to select)Expansionary monetary policyContractionary monetary policyNo change in policy.

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?

Afarmer is an example of what kind of producer?