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Bess [88]
2 years ago
11

The Federal Reserve ________ pay interest on reserves held on deposit. The European System of Central Banks ________ pay interes

t on reserves held on
Business
1 answer:
aliina [53]2 years ago
5 0

The Federal Reserve does not pay interest on reserves held on deposit. The European System of Central Banks does pay interest on reserves held on deposit.

<h3>Federal Reserve Board</h3>
  • In the past, reserve banks were unable to offer interest on deposits. The Emergency Economic Stabilization Act of 2008 brought about a shift in that.
  • The Federal Reserve Board had to increase the size of its balance sheet by purchasing Treasuries and mortgage-backed securities in order to increase the amount of liquidity available to the banking sector.

<h3> European System of Central Banks</h3>
  • The major objective is to preserve price stability or the euro's worth. Price stability is the most significant contribution monetary policy can make in this area because it is crucial for economic growth and job creation, two goals of the European Union.
  • The ECB has four decision-making bodies with the authority to carry out the institution's goals.

To learn more about Federal reserve Board refer to:

brainly.com/question/13084954

#SPJ4

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What is the United States currency linked to?
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ScH. Corp., a pharmaceutical company, launches a new painkiller. It claims that the product provides relief within two minutes d
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Answer:

Deceptive advertisement.

Explanation:

Deceptive advertisement: It is a type of advertising that is meant for damaging the reputation of competitor´s ad and products by making false claim or by spreading wrong information about the rival´s product. This advertisement is also gimick the customer by misleading them in their promotional campaign. The prime purpose of these type of advertisement is to promote their product as superior and gain more sales due to wrong information spread.

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4 0
4 years ago
Rommer Company purchases Daley Inc. for $4,700,000 cash on January 1, 2020. The book value of Daley Company's net assets, as ref
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Answer:

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Explanation:

Calculation to determine How much goodwill should be recognized by Rommer Company when recording the purchase of Daley Inc.

Using this formula

Goodwill=Beginning cash-Ending book value-Fair value tangible assets-Fair value intangible assets

Let plug in the formula

Goodwill=$4,700,000-$4,000,000-$525,000-$150,000

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Therefore the goodwill that the company should be recognized by Rommer Company when recording the purchase of Daley Inc. $25,000

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Transferring responsibility of operations to another authority (such as, un observers, multinational peacekeeping forces, or nat
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