On May 1, a two-year insurance policy was purchased for $4,800 with coverage to begin immediately. What is the amount of insurance expense that would appear on the company's income statement for the first year ended December 31?

a. $1,800.
b. $12,600.
c. $14,400.
d. $16,200.
e. $43,200.

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

The answer should be c) medicare.

Answer (non-data)

Answer positively related to the growth of real gdp;