Answer:
D. is the rate that banks charge each other for short-term loans of excess reserves.
Explanation:
The federal reserves require banks to maintain a certain amount in their vaults to cater for possible withdraws. At the close of business every day, banks have to confirm they have the required amount. Should a bank fail to meet the requirement, it can borrow from other banks that have a surplus. The interest rate that banks charge each other for these transactions is the fed fund rate.
The Fed set the fund rate. It may increase or decrease it depending on the prevailing market condition. The banks use the fund rate set to determine the interest rates to be charged on loans and mortgages. A high fund rate means high-interest rates.
The best and most correct answer among the choices provided by your question is the second choice.
The differences of their salaries is that t<span>he bassoonists earn a higher salary than the flutists.</span>
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The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.
The example of a platform business is Myra’s test kitchen.
A platform business is one that facilitates exchanges between two or more groups. In this example, Myra is facilitating the exchanges between local growers and local chefs. In all of the other examples the business is selling their goods or services, which is not a platform business.
Answer:
The market for tennis shoes is in equilibrium. If the government increases business taxes, then we would expect to see a decrease in supply.
Explanation:
When a market is in equilibrium, a situation occurs in which the quantity demanded and the quantity supplied are the same, with which there is neither a surplus nor a shortage in supply and demand.
Now, in the event of an increase in taxes that would increase the cost of production and the final price of the product, the quantity supplied will tend to decrease, since a smaller quantity of products will be produced for the same amount. Likewise, the final price will tend to rise, with which demand will also fall, finding a new equilibrium point.
