Which of the following is accurate? question 6 options: a) monetary policy is neutral in both the short run and the long run. b) though monetary policy is neutral in the long run, it may have effects on real variables in the short run. c) monetary policy has profound effects on real variables in both the short run and the long run. d) monetary policy has profound effects on real variables in the long run, but is neutral in the short run.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer