To calculate the pension expense for Sunny Inc. in 2011, we will fill in the pension worksheet and make the necessary journal entries.
PENSION WORKSHEET:
Sunny Inc. Pension Worksheet for the Year Ended December 31, 2011
| | | Service | Interest | Expected Return | Amortization|
| | | Cost | Cost | on Plan | of Prior |
Assets Service
Beginning Balances
Plan Assets 7,000 630 (9%)
Projected Benefit Obligations (PBO) 8,400 1,400 756 (9%) 150
Pension Asset/Liability (1,400) (756) (630)
Accumulated OCI - Prior Service Cost (PSC) (1,600)
Accumulated OCI - Gain/Loss
Adjustments to Balance Sheet Accounts
PBO (1,054)
Plan Assets (1,350)
Pension Asset/Liability (298) 720
Other Comprehensive Income (OCI)
Prior Service Cost
Gain/Loss
Comprehensive Pension Expense 1,400 (298) 1,350 150
Employer Contributions (2,600)
Benefits Paid to Retirees 800
Ending Balances
Plan Assets 6,050
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century national bank has offices in several cities in the midwest and the southeastern part of the united states. mr. dan selig, president and ceo, would like to know the characteristics of his checking account customers. what is the balance of a typical customer
The characteristics of checking account customers can vary widely depending on various factors such as age, income, occupation, spending habits, and financial goals.
Some typical characteristics of checking account customers include having a stable source of income, maintaining a reasonable account balance, using their account for daily expenses and bill payments, and possibly having a relationship with the bank that includes other types of accounts or financial products.
However, it's important to note that specific characteristics may vary from one customer to another, and that different banks may have different customer profiles based on their specific offerings and marketing strategies.
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The complete qustion is :
What are the characteristics of checking the account customers ?
What is one way in which bonds do not generate income for investors?
Bonds appreciate in value.
Bonds pay interest.
Bonds pay a specified amount at maturity.
Bonds pay dividends.
Answer:
D. Bonds pay dividends
Explanation:
Just finished the test :)
The way in which bonds do not generate income for investors is that Bonds pay dividends.
What is a bond?A bond is known to be a kind of loan that is often obtained from any investor.
The borrower who is said to borrow he money often uses it for different kinds of purpose and the investor receives interest in form of dividend.
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Are any of y'all furries just wondering?
comment below :)
Answer:
Lol yep I’m a furry
Explanation:
Answer:
no
Explanation:
but there's no reason to be rude to them for just doing what they find fun :))
Employers will consider an application valid even if it has not been signed.
T or F
the difference between total revenue and total cost is
Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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retaining good workers of all ethnicities will become increasingly important as
Retaining good workers of all ethnicities will become increasingly important as replacing qualified and experienced workers becomes more costly.
Diversity brings in new ideas and acts as a pathway to unlock creativity. The business world is no exception. The more a association is open to perspectives from people of different backgrounds, the further creative and flexible it becomes. Diversity not only improves performance but also creates positive disunion that enhances deliberation and upends conformity. still, it isn't as easy to embrace diversity than to simplysay.However, an association could suffer from disunion, uneasiness, If not stationed precisely. Diversity is a huge uproariousness – especially for a incipiency who has a vision to go worldwide and impact the life of people in all mainlands. Since HiNounou aims to bring healthy life to seniors and their families worldwide and ease the burden of the professional caregivers, we consider that's vital to have diversity in our platoon.
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Two methods of measuring Human Resources are __________ and __________ A. staffing ratios, median ratio of HR staff to employee headcount; budget expenditures median cost per employee headcount. B. staffing ratios, median ratio of HR staff to employee headcount; budget expenditures per HR staff employee. C. staff qualifications, number who have advanced credentials; budget expenditures per HR staff employee. D. staff performance evaluation averages; budget expenditures per fiscal year.
The answer is B. staffing ratios, median ratio of HR staff to employee headcount; budget expenditures per HR staff employee.
Two methods of measuring Human Resources are staffing ratios, median ratio of HR staff to employee headcount; budget expenditures per HR staff employee. There are different methods of measuring the effectiveness of HR management. Staffing ratios and budget expenditures per HR staff employee are two methods of measuring Human Resources. The staffing ratio is a term used to determine the percentage of HR staff members who are working on a project. A high staffing ratio indicates that there are too many HR staff members working on a project, while a low staffing ratio indicates that there are too few HR staff members working on a project. Average HR staff employee expenditure is another metric used to determine the effectiveness of HR management. This is calculated by dividing the total budget spent on HR staff employees by the total number of HR staff employees. The higher the expenditure, the more the company values its HR staff employees, and the lower the expenditure, the less the company values its HR staff employees.
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Which of the following is one of the earliest indicators of an employee's possible
alcoholism?
A) mood swings
B) forgetfulness
C) missed deadlines
D) personal neglect
The correct answer is (D) Personal neglect. It is one of the earliest indicators of an employee's possible alcoholism.
Personal neglect, such as poor hygiene and unkempt appearance, is often a warning sign that an employee may be struggling with alcoholism. This could include wearing the same clothes multiple days in a row, neglecting personal grooming, or showing signs of physical deterioration. In addition to personal neglect, an employee may also exhibit changes in behavior, mood swings, and forgetfulness, which could all be indicative of an underlying alcohol problem.
It's important for employers to be aware of these warning signs and approach employees with care and sensitivity, offering support and resources for getting help. Ignoring the issue could result in decreased productivity, absenteeism, and potentially dangerous situations in the workplace.
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If a formal report is very long, a(n) ________ briefly summarizes the most important information in the report allowing managers to decide whether or not to read the entire document or just parts of the document.
Based on business writing styles, If a formal report is very long, an Executive Summary briefly summarizes the most important information in the report allowing managers to decide whether or not to read the entire document or just parts of the document.
What is an Executive Summary?Executive Summary is the part of the formal report that contains all the necessary details of the formal report.
Executive Summary allows the readers to have an overview of what is in the formal report, thereby making the readers get informed of the complete information of the formal report.
Hence, in this case, it is concluded that the correct answer is Executive Summary.
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ABC Corp employed Daniel for a number of years. Daniel was a clerk in ABC’s marketing department. He received a salary of $25,000 each year and his responsibilities included maintaining a list of ABC’s customers. ABC considered the names of its customers as a trade secret and its customer list as proprietary and confidential information. Daniel left his employment at ABC over a dispute about his compensation and went to work for one of ABC’s competitors. Daniel copied ABC’s customer list prior to leaving ABC and provided it to his new employer. ABC learned about Daniel’s theft of its customer list and sued him for breach of the duty of loyalty. Daniel defended on the ground that he does not owe ABC any duty of loyalty because he was merely a clerk. In this circumstance:
Question 1 options:
Daniel owed a duty of loyalty to ABC as a result of his employment with ABC and this duty obligated him to maintain ABC’s customer list in confidence even after he left ABC’s employment
Daniel owed a duty of loyalty to ABC as a result of his employment with ABC but this duty ended when his employment at ABC ended and he was thereafter free to share ABC’s customer list with his new employer
Daniel did not owe a duty of loyalty to ABC as a result of his employment with ABC because he was not an officer of the corporation
Daniel did not owe a duty of loyalty to ABC as a result of his employment with ABC because he did not sign a document in which he agreed to be held to such a duty
Daniel owed a duty of loyalty to ABC as a result of his employment with ABC and this duty obligated him to maintain ABC’s customer list in confidence even after he left ABC’s employment.
This is the correct option.Who is an employee?An employee is an individual who is employed by another individual or a company, who earns a salary, and who works for another individual or a company under the guidance of an employer. An employee's primary job is to provide a service to an employer in exchange for a salary. The employer pays the employee for the services provided, as well as offers employee benefits such as health insurance, retirement savings programs, and other perks.Marketing and Employment: Marketing is the process of identifying, developing, and marketing products or services that meet customers' requirements. It includes identifying, creating, and maintaining customer relationships in order to generate sales or income for a company.
Marketing is a critical component of a company's success, and a company must have a strong marketing strategy to succeed. Marketing may be used to persuade customers to purchase goods or services, to develop and promote a brand, to identify new market opportunities, or to improve customer service.Daniel worked for ABC's marketing department as a clerk, and his duties included maintaining a list of ABC's customers. ABC believed that the names of its customers were a trade secret, and the customer list was considered proprietary and confidential information. Daniel left his employment at ABC after a disagreement over his compensation and began working for one of ABC's competitors. Prior to leaving ABC, Daniel copied ABC's customer list and gave it to his new employer. ABC discovered about Daniel's stealing of its customer list and took him to court for violating the duty of loyalty.
Daniel's defence was that he didn't owe ABC any duty of loyalty because he was only a clerk. However, the correct option is that Daniel owed a duty of loyalty to ABC as a result of his employment with ABC and this duty obligated him to maintain ABC’s customer list in confidence even after he left ABC’s employment.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
A Web site's Terms of Use grants the Web site the right to do what?
0
use your personal information in its advertisements
O sell its users' personal information to third parties for them to market to specific customers
O use its users' posts and photographs to gather information about its consumers
o both the first and third answers
it might be d because b isnt correct and the A and c are correct so im thinking therfor the answer is d
Answer:
both the first and third answers
Explanation:
I tried answering "use its users' posts and photographs to gather information about its consumers" and it was wrong, and then I retook the quiz and answered "sell its users' personal information to third parties for them to market to specific customers" and it was wrong. I know they can sell your information to make targeted ads, so it must be the answer that says "both the first and third answers".
Pretend the first quarter statistics of 2022 show the US economy has an increase in inflation of 8.4%. In the first quarter, GDP has increased by 4.2% annual rate, and the unemployment rate is falling and hit 3.5%. As an economic advisor to the Federal Reserve, what advice would you give to Jerome Powell with regards to the tools of monetary policy. Write a paragraph explaining your recommendations, describing how three of the four tools (your choice which ones you use) will work to change aggregate demand and affect the other economic indicators listed above. Be sure to describe what needs to be done with each tool and the outcome it will produce.
There are a few important economic elements that can affect aggregate demand. Decisions made by consumers and businesses will be impacted by rising or lowering interest rates. A rise in household wealth boosts overall demand, while a loss typically results in a decrease.
What aggregate demand impact to the economic indicators?There are a few significant economic elements that can impact aggregate demand. Consumer and corporate decisions will be impacted by rising or lowering interest rates. A rise in household wealth boosts overall demand, while a loss typically results in a decrease.
Therefore, The changes along the aggregate demand curve are mostly caused by price. The actual money supply shrinks as the price level rises, which forces an increase in interest rates.
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Which of these is an example of an inelastic good?
A. Medicine
B. Jordans
C. Cell Phone
D. Big Zax Snack
Answer:
A. Medicine
Explanation:
Inelastic good is a product whose demand does not fluctuate with price changes. It means the demand for the good remains constant even if prices increase or decrease. The term inelastic symbolizes the demand for the good is static.
Medicine has an inelastic demand. Patients need medication regardless of prevailing prices. An increase or decrease in prices of medicines does not influence the demand. The term inelastic contrast elastic demand, which is the demand that varies with changes in prices.
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7. Problems and Applications Q7
A college student has two options for meals: eating at the dining hall for $5 per meal, or eating a package of Cup O' Soup for $2.50 per meal. Her weekly food budget is $100.
Assume that she spends equal amounts on both goods.
On the following graph, use the green line (triangle symbol) to draw the college student's budget constraint. Then use the black point (plus symbol) to indicate the initial optimum in this case.
Initial Budget ConstraintInitial Optimum (A)New Budget ConstraintNew Optimum (B)0246810121416182050454035302520151050Packages of Cup O' SoupMeals at Dining Hall
Suppose the price of a Cup O' Soup now falls to $2. Assume that the student now spends 70 percent of her income on dining hall meals.
On the preceding graph, use the blue line (circle symbol) to draw the college student's new budget constraint. Then use the grey point (star symbol) to indicate the new optimum in this case.
As a result of this price change, the quantity of Cup O' Soup packages consumed . This means that Cup O' Soup must be good, and the income effect the substitution effect.
On the following graph, use the blue line (circle symbol) to draw the student's demand for Cup O' Soup by plotting the optimum information from points A and B.
Demand1012141618202224264.003.503.002.502.001.501.000.500PriceQuantity of Cup O' Soup
True or False: Cup O' Soup is not a Giffen good.
True
False
The given statement "Cup O' Soup is not a Giffen good" is true. The price change results in an increase in the consumption of Cup O' Soup, it does not exhibit the characteristic behavior of a Giffen good.
A Giffen good is a type of inferior good that defies the typical law of demand, where an increase in price leads to an increase in quantity demanded. Giffen goods are rare and usually associated with specific circumstances.
In the given scenario, when the price of Cup O' Soup falls to $2, the quantity consumed increases. This indicates that the demand for Cup O' Soup follows the general law of demand, where a decrease in price leads to an increase in quantity demanded. Therefore, Cup O' Soup is not a Giffen good in this case.
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If a bank sells off all of its assets and pays all of its liabilities, the amount remaining would be its:
a. net profit.
b. reserves.
c. net worth.
d. excess reserves.
If a bank sells off all of its assets and pays all of its liabilities, the amount remaining would be its net worth. Thus, the correct answer is option C.
Net worth is the value of a person's or corporation's assets less the obligations they owe. It is a key indicator for assessing a company's health because it provides a valuable snapshot of the company's present financial state.
Net value is determined by deducting all liabilities from all assets. Net worth can be positive or negative, with the former indicating that assets outweigh obligations and the latter indicating that liabilities exceed assets. Positive net worth that is increasing implies healthy financial health. Declining net worth, on the other hand, is cause for concern because it may indicate a reduction in assets relative to liabilities.
Therefore, the ideal selection is option C.
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Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $16,100 under terms of 3/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $610 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $23,700 cash and delivered under terms FOB destination with freight cost amounting to $410. What is the amount of gross margin that results from these transactions
Answer:
$7,473
Explanation:
Calculation to determine the amount of gross margin that results from these transactions
First step is to calculate COGS
COGS=$16,100-($16,100 * 0.03)+$610
COGS=$16,100-$483+$610
COGS=$16,227
Now let calculate the Gross margin
Using this formula
Gross margin = Sales revenue - COGS
Let plug in the formula
Gross margin=$23,700 - $16,227
Gross margin =$7,473
Therefore the amount of gross margin that results from these transactions is $7,473
Your friend is thinking of hiring a financial planner to help him manage her portfolio. What should she be on the lookout for? Why?
Since my friend is thinking of hiring a financial planner to help him manage her portfolio. The things that she should on the lookout for are: What should I invest, and how much? How much money do I currently have?
How do you think does the financial planner helps a person when it comes to their finances?A financial advisor assists clients in developing long-term plans for increasing wealth and controlling risk. You can use them to manage, track, and balance your portfolio of investments. In addition, they may aid with a variety of other financial decisions and difficulties.
Financial planning is the process of setting broad financial goals and formulating a strategy to attain them. Portfolio management is the act of setting up and maintaining an investment account.
Therefore, the Focus on the advisor's compensation as well as the whole costs of their approach, such as taxes, trading fees, and fund expense ratios, advises David Oransky, a CFP® and financial planner at Laminar Wealth.
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The costs per equivalent unit of direct materials and conversion in the rolling department of oak ridge steel company are 180 and 62
Answer:
Equivalent units of direct materials= $180 per tons
Equivalent units of conversion =$62 per tons
Explanation:
Calculation to Determine the direct materials and conversion costs per equivalent unit.
Using this formula
Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials
Let plug in the formula
Equivalent units of direct materials= $432,000/2,400
Equivalent units of direct materials= $180 per tons
Therefore the direct materials cost per equivalent unit will be $180 per tons.
Calculation for Equivalent units of conversion using this formula
Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion
Let plug in the formula
Equivalent units of conversion=$144,150/2,325
Equivalent units of conversion= $62 per tons
Therefore the conversion cost per equivalent unit will be $62 per tons.
Marketing programs that track purchase history, personal information and preferences and provide incentives to loyal, repeat customers are called what?
Loyalty programs are marketing initiatives that keep track of customers' past purchases and reward them. Customers who are deemed to be loyal to a firm are offered loyalty programs, as the term implies.
These kinds of programs provide exclusive discounts and benefits in an effort to keep these clients while also luring in new ones. These initiatives are put in place to promote repeat business.
Customer loyalty is a continuing emotional bond between you and your customers that shows in their willingness to interact with you and make repeat purchases from you as opposed to your competition. When a customer has a good experience with you, loyalty develops naturally and helps to build trust.
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A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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Compare two types of savings accounts?
yes...............................
paper inc. had a board meeting last week to sign a contract to buy more paper for next year. Four of the nine board members were able to attend and they have explicit quorum rules stated in their bylaws. They voted and signed a contract at the meeting, why is this contract not legal.
Answer:
because the other board people is not there. Its also not legal because on 4 of the nine people were there.
Explanation:
That is why.
Imagine you’re renting an apartment with a friend after high school. Your friend wants to get satellite TV but can’t because they have bad credit due to a history of late payments. They ask if you’ll sign up for it and assure you they’ll take care of the payments. How would you respond?
Answer:
This is a tricky situation. On one hand, it would be nice to have satellite TV, but on the other hand, I don't want to put myself in a bad situation by signing up for something I can't afford. If I agree to sign up, I could potentially be held liable for the monthly fee if my friend isn't able to pay.
I would advise my friend to look into alternative options for TV services, such as streaming services or basic cable. If they still want to pursue satellite TV, then I would suggest that they speak to customer service about any other payment options available for those with bad credit.
Explanation:
Costas Company has beginning and ending raw materials inventories of $64,000 and $80,000, respectively. If direct materials used were $310,000, what was the cost of raw materials purchased?
a. $310,000.
b. $330,000.
c. $294,000.
d. $326,000.
The cost of raw materials purchased for Costas Company based on provided data is $326,000. Therefore, the correct option is d.
To find the cost of raw materials purchased for Costas Company, follow these steps:
1. Note the beginning raw materials inventory: $64,000
2. Note the ending raw materials inventory: $80,000
3. Note the direct materials used: $310,000
4. Use the formula:
Raw materials purchased = (Direct materials used + Ending raw materials inventory) - Beginning raw materials inventory
5. Plug in the values:
Raw materials purchased = ($310,000 + $80,000) - $64,000
6. Calculate:
Raw materials purchased = $390,000 - $64,000
7. Calculate:
Raw materials purchased = $326,000
The cost of raw materials purchased for Costas Company is $326,000, hence option d is correct.
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Explain how herbs are used in treating any
5 diseases
Answer:
An herb is a plant or plant part used for its scent, flavor, or therapeutic properties. Herbal medicines are one type of dietary supplement. They are sold as tablets, capsules, powders, teas, extracts, and fresh or dried plants. People use herbal medicines to try to maintain or improve their health.
Explanation:
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Find 3 different companies.
Identify the problems encountered in data processing or in the company business process.
Propose an information system software that will solve the identified problems.
The information system should be database-driven and is web-based, with user interaction. It could also be a mobile application.
Inefficient inventory management leading to stockouts and excess inventory.Proposed Information System: A web-based inventory management software with real-time data tracking, automated reordering, and customizable reports for better inventory control.
Company: XYZ Financial ServiceProblem: Manual and time-consuming client onboarding process. Proposed Information System: A web-based client onboarding software with automated form filling, document verification, and secure data storage to streamline and expedite the onboarding process. Company: PQR Healthcare Clinic Problem: Difficulty in managing patient records and appointments, leading to scheduling conflicts and errors. Proposed Information System: A mobile-based appointment scheduling and electronic health records (EHR) system with patient portal access, automated reminders, and secure data encryption to improve patient management and streamline administrative tasks.ABC Manufacturing faces problems in data processing related to inventory management. An information system that is database-driven and web-based can provide real-time tracking of inventory, ensuring optimal stock levels and reducing stockouts or excess inventory. The system can automate reordering based on predefined rules and generate customizable reports for better decision-making
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What should a trader do when the one-year forward price of an asset is too low? Assume that the asset provides no income. The trader should borrow the price of the asset, buy one unit of the asset and enter into a long forward contract to buy the asset in one year. The trader should borrow the price of the asset, buy one unit of the asset and enter into a short forward contract to sell the asset in one year. The trader should short the asset, invest the proceeds of the short sale at the risk-free rate, enter into a short forward contract to sell the asset in one year The trader should short the asset, invest the proceeds of the short sale at the risk-free rate, enter into a long forward contract to buy the asset in one year
Answer:
The answer is "Choice D".
Explanation:
Please find the numbering of the choices in the attached file.
In this question, when this forward price is too low in comparison to both the location cost of production, the dealer must also reduce their assets throughout the spot market and purchase it at the potential price. Its trader should reduce the asset, reinvest the owner-occupants profits on a risk-free basis, establish a long-term loan to buy the asset with one year.
By manipulating the money_____, the Federal reserve can change _____ rates, thus encouraging or dicouraging additional investment.
Answer:
Supply, interest
Explanation:
The money supply can be regarded as supply of all the currency as well as other liquid instruments in the economy of a particular country.
Money supply can be manipulated by central bank by influencing interest rates, as well as printing money. The federal reserve can also engage in open market operations which is the selling/buying security or bond of government. It should be noted that By manipulating the money supply the Federal reserve can change interest rates, thus encouraging or dicouraging additional investment.