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2 years ago

The fed’s efforts to manage interest rates and thus the availability of credit is known as:__________

Business

1 answer:

blagie [28]2 years ago

8 0

The fed’s efforts to manage interest rates and thus the availability of credit is known as monetary policy.

A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements. The discount rate, reserve requirements, and open market operations are the three primary instruments of monetary policy.

As the nation's monetary policy regulator, the Fed affects the cost and availability of credit and money to support a robust economy. Controlling inflation, moderating employment levels, and preserving long-term interest rates are the three goals of monetary policy.

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At the end of January of the current year, the records of NewRidge Company showed the following for a particular item that sold

const2013 [10]

FIFO will result in higher pretax income and EPS.

FIFO ("first in, first out") is based on these production costs, assuming that the oldest products in a company's inventory are sold first. The LIFO (last in, first out) method assumes that the newest product in the company's inventory was sold first, and uses that cost instead.

FIFO (First In, First Out) Inventory Management evaluates inventory to reduce the likelihood of business losses when products are phased out or discontinued. LIFO (last in, first out) inventory management is suitable for non-perishable goods and uses the current price to calculate the cost of goods sold.

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5 0

1 year ago

You have just received notification that you have won the $2.5 million first prize in the Centennial Lottery. However, the prize

sergeinik [125]

Answer:

PV= $35,217,78

Explanation:

Giving the following information:

Future value= $2,500,000

Number of periods= 63 years

Interest rate= 7% compounded annually

<u>To calculate the value of the prize today, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 2,500,000 / (1.07^63)

PV= $35,217,78

8 0

3 years ago

GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2018, GoodBuy sold $960,000 of gift c

balu736 [363]

Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

= gift cards redeemed + remaining gift cards

= $810,000 + $39,000

= $849,000

Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018

3 0

3 years ago

Format of a presentation essay <br>

egoroff_w [7]

Introduction
main body of presentation should include for/against if applicable and an evaluation of the points raised
a conclusion

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3 years ago

Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then

ANTONII [103]

Answer:

1. Assets is debited for $10,000 as loans.

2. Liabilities is credited for $10,000 as deposits.

Explanation:

Note: This question is not complete as the amount is omitted. The complete question is therefore presented before answering the question as follows:

Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then makes an open market purchase of $10000 from Bank 1.

Use the T-account below to show the result of this transaction for Bank 1, assuming Bank 1 keeps no excess reserves after the transaction.

The explanation of the answer is now given as follows:

Note: See the attached photo for Bank 1's T-Account.

In the attached photo, we can see that:

1. Assets is debited for $10,000 as loans.

2. Liabilities is credited for $10,000 as deposits.

6 0

3 years ago