Answer:
The answer is C.
Explanation:
The Federal Reserve acts as the Central Bank. And the tool it uses to control the economy is monetary policy and its tools are:
1. Reserve requirements
2. Open market operation
3. Discount rate(interest rate)
The Federal reserve can control the money supply in the eco economy through any of these tools.
For example, if Federal reserve wants to increase the money supply, they can do the following:
a) reducing the interest rate it lends commercial banks money, commercial banks too reduces the interest it charges businesses or households. With lower interest, households and businesses are encouraged to borrow, thereby increasing the money supply and vice-versa.
b) lowering the reserve requirements. Reserve requirement is the minimum balance commercial banks must have with the federal reserves. This is guided by law. Lowering the reserve requirements enable commercial banks to have more money to lend to their customers and vice-versa.
In all, Federal reserve use any of these tools to control money supply that is consistent with their target nominal interest rate.
Answer:
Complete the following statements: <u>THEORETICAL CAPACITY</u> would result in the largest production volume variance; <u>NONE OF THE CAPACITY CHOICES</u> would result in a favorable production volume variance.
a. theoretical capacity; none of the capacity choices
Explanation:
production volume variance = (actual unit quantity manufactured - budgeted unit quantity manufactured) x budgeted cost per unit
(actual production - theoretical capacity) x budgeted cost per unit = (250,000 - 275,000) x budgeted cost = 25,000 x budgeted cost
None of the capacity choices would result in a favorable variance because actual production was lower than all of them.
actual production 250,000 < theoretical 275,000
actual production 250,000 < practical 265,000
actual production 250,000 < normal 260,000
Answer:
A. $1,659
B. $910
C. $2,700
Explanation:
Calculation to determine Brenda's deduction
a. Airfare= (70% × $2,370)
Airfare=$1,659
b. Meals=[(260/2)*7
Meals=$910
c. Lodging= [540*5]
Lodging=$2,700
Therefore Brenda's deductions are :
Airfare $1,659
Meals $910
Lodging $2,700
Answer:
<em>Performance Improvement Plan</em>
Explanation:
A performance improvement plan is <em>a structured document saying any ongoing performance problems together with the targets which a worker needs to maintain in order to restore the business's good standing (typically with a specific timeframe for achieving the plan). </em>
Gina is failing to meet her coding benchmarks, so Stephen has to regulate her work.
When an individual is put on the performance improvement plan, the employer and Management are likely to meet you to go over it and respond to questions you might have.
Answer:
The quantity of customers is 4000, and the price is $30.
Explanation:
Assumed that the table is provided depicting the pricing and revenue structure.
Now, that the profit is maximized for monopoly when the Marginal Revenue = Marginal Cost.
That is when additional cost is recovered from additional revenue.
Here, when 4,000 customers are their then Marginal Revenue for each 1,000 customers = $30,000
Thus, marginal revenue for each customer = $30,000/1,000 = $30 for each customer.
And since the marginal cost is also $30 for each customer:
Maximum profit shall be:
MC $30 = MR $30
