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

1 answer:

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

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At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headqu

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Answer:

The correct answer is letter "B": Centralization of authority.

Explanation:

Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.

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2 years ago

Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo:

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Answer:

Part(A):

Total expenses in connection with condo:

= 2000 + 6500 + 2000 + 1400 + 2500 + 14500

= $28,900

Assuming Alexa receives $20,000 inn gross rental receipts, she will incur losses = 20000 -28,900 = (8,900)

As Alexa's AGI from all sources other than the rental property($200,000) is higher than $150,000, she will not be able to deduct any amount of loss against her active income.

Therefore the loss is not deductible and rental activity has no effect on her AGI.

Part(B):

Assuming that Alexa’s AGI from other sources is $90,000.

Since her AGI is less $100,000, she will be able to deduct loss of $8,900

Therefore, rental activity loss will reduce Alexa's AGI to = 90,000 - 8.900 = 81,100

The rental activity loss will reduce her AGI by $8,900 and her AGI would be 81,100.

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2 years ago

Justin and Edwardo were hired by the same network support firm. One year later, Edwardo receives a promotion to team leader. Jus

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Answer:

Team skills

Explanation:

Team skills are the qualities that enable one to work well with colleagues in projects and other collaborations. Having teamwork skills gives one the ability to work amicably with fellow workers, superiors, and clients.

Teamwork involves assisting the team in achieving its objectives quickly and efficiently. Employers favor employees who can lead a well-gelled team. Eduardo got the promotion because he was better with the team.

Some qualities of teamwork skills include.