A balance sheet A) measures flows of income and expenditure ...

[urbanoutfitters]

A balance sheet
 
  A) measures flows of income and expenditure over a given period of time.
  B) equates flows of revenue with flows of expenditure.
  C) measures assets, liabilities, and net worth at a giving instance in time.
  D) None of the above are correct.

Question 2

Expansionary monetary policy refers to the Fed's increasing the money supply and increasing interest rates to increase real GDP.
 
  Indicate whether the statement is true or false

[Bigfoot1984]

Answer to Question 1

C

Answer to Question 2

FALSE

[urbanoutfitters]

Thanks for the timely response, appreciate it

[aliotak]

YES! Correct, THANKS for helping me on my review