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KonstantinChe [14]
1 year ago
6

An interesting development that happened in late 2008, relating to the fed and bank reserves, was that the fed?

Business
1 answer:
ser-zykov [4K]1 year ago
8 0

An interesting development that happened in late 2008, relating to the fed and bank reserves, was that the fed started paying interest on the bank's reserves.

What did the federal reserve do in 2008?

They bought billions of dollars worth of stocks, mortgage securities, and bonds straight from the U.S. Treasury when the financial crisis hit.

How did the Federal Reserve respond to the financial collapse?

Credit was made more difficult by the Federal Reserve by raising interest rates. People scrambled to withdraw cash from their banks out of panic.

What was one reason the US government started a Federal Reserve system?

It was established by Congress to give the country a more secure, adaptable, and stable financial and monetary system. On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act into law, thereby establishing the Federal Reserve.

Learn more about the Late 2008 financial crisis: brainly.com/question/15869431

#SPJ4

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A company's normal selling price for its product is $20 per unit. However, due to market competition, the selling price has fall
Scorpion4ik [409]

Answer:

$2,600

Explanation:

Calculation of the value of the company's inventory at the lower of cost or market.

Current FIFO inventory ×Net realizable value

Where,

Current FIFO inventory= 200 units

Net realizable value $13 per unit

Therefore,

200 units *$13 per unit = $2,600.

Lower cost of market can be said to mean that the inventory cost at either the purchase cost or replacement value .

Bases on the information given in the question, replacement cost is lower or lesser than the purchase cost which is why the inventory units are been cost at the replacement value of $13 each.

6 0
2 years ago
Understanding how costs behave is useful to management for all the following reasons except a. predicting customer demand b. pre
DedPeter [7]

Answer:

The correct answer is A

Explanation:

Study of the cost behavior provides the useful information for determining the costs.Customer demand could not be predicted by paying the attention to how the costs varies or change when the activity changes. However, the costs could be estimated or determined and changes could be made to the production which is existing in order to maximise the profit for the business.

3 0
3 years ago
I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le
NNADVOKAT [17]
A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r
7 0
3 years ago
Complete the statements on how to do a career search by correctly filling in the missing information
Triss [41]

Answer:

The correct answers would be Skills and Employment outlook respectively.

Explanation:

When you are about to choose a career that will be best suited to you, It would be best to find out your skills that would be required to perform the job effectively. A person must be aware of his skills and talents and then he has to search for the career accordingly, because this will determine whether the career is a good match with your skills or not. After this assessment, you should also look into the market trends for the job opportunities of the career that you are thinking to pursue. This will help you focus more on the career development and save your time to search for the job after completing the academic career in the non relevant field.

3 0
3 years ago
Read 2 more answers
Sarah Covington, a sales manager at Synergy Corporation Bank, often keeps low expectations of her team. She feels that they are
Roman55 [17]

Answer:

Self-fulfilling prophecy

Explanation:

Self-fulfilling prophecy is the term which is defined as the phenomenon of socio- psychological of expecting something or predicting and this prediction comes true as one believes it will and the consequences behaviors align for fulfilling those beliefs.

In short, it states that the people belief could influence their actions.

So, in this case, the concept which state the team poor performance is the self- fulfilling prophecy.

4 0
2 years ago
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