Answer: C
Explanation: C. Holds reserve balances for depository institutions; The Federal Reserve Bank. The Federal Reserve operates with a sizable balance sheet that includes a large number of distinct assets and liabilities. The Federal Reserve's balance sheet contains a great deal of information about the scale and scope of its operations. For decades, market participants have closely studied the evolution of the Federal Reserve's balance sheet to understand more clearly important details concerning the implementation of monetary policy. Over recent years, the development and implementation of a number of new lending facilities to address the financial crisis have both increased complexity of the Federal Reserve's balance sheet and has led to increased public interest in it.
Each week, the Federal Reserve publishes its balance sheet, typically on Thursday afternoon around 4:30 p.m. The balance sheet is included in the Federal Reserve's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," available on this website. The various tables in the statistical release are described below, an explanation of the important elements in each table is given, and a link to each table in the current release is provided. The Federal Reserve System is composed of several layers. It is governed by the presidentially appointed board of governors or Federal Reserve Board (FRB). Twelve regional Federal Reserve Banks, located in cities throughout the nation, regulate and oversee privately owned commercial banks.[15][16][17] Nationally chartered commercial banks are required to hold stock in, and can elect some of the board members of, the Federal Reserve Bank of their region. The Federal Open Market Committee (FOMC) sets monetary policy. It consists of all seven members of the board of governors and the twelve regional Federal Reserve Bank presidents, though only five bank presidents vote at a time (the president of the New York Fed and four others who rotate through one-year voting terms). There are also various advisory councils. Thus, the Federal Reserve System has both public and private components.
Answer: b. False
All analysis of variance procedures <em><u>assume</u></em> that the compared populations have equal variances.
In all analysis of variance procedures, tests like F-test, Bartlett’s test, Levene’s test and Brown-Forsythe test are used to verify or test the assumption if k samples are from populations with equal variances.
When two or more populations have equal variances, we say that homoscedasticity or homogeneity of variances exist.
The F-test and Bartlett’s test yield best results only if the population is normally distributed. However, Levene’s test and Brown-Forsythe are known to yield good results for data that is not normally
distributed.
Answer:
Number of salads sold in that day = 93
Explanation:
Using algebra we have,
Let salad = X
Drinks = Y
Now Total units = 209
That means
X + Y = 209
Y = 209 - X
Also
6.5X + 2Y = 836.50
Putting above value of Y in this equation we have
6.5 X + 2(209 - X) = 836.50
6.5X + 418 - 2X = 836.50
4.5X = 836.5 - 418 = 418.5
X = 418.5/4.5 = 93
Therefore X = Salads = 93 in units
Number of salads sold in a day = 93 units
Answer:
Net income year 2 = $21,300
Explanation:
I looked for the missing information and found this:
Year Depreciation overstated Prepaid expense omitted
1 $2,500 $2,000
2 $4,000 $2,700
If your question doesn't include the same values, just adjust the answer.
Year 2's net income = net income (year 2) + overstated depreciation (year 2) + omitted prepaid expenses (year 1) - omitted prepaid expenses (year 2) = $18,000 + $4,000 + $2,000 - $2,700 = $21,300
Close Substitutes.
When the price of a commodity rises, the demand for its close substitute is likely to rise because the price of the close substitute remains the same.
