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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:

SIZIF [17.4K]2 years ago

8 0

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

To control the total quantity of money in circulation, promote economic growth, and put into action policies like raising interest rates and changing bank reserve requirements, a nation's central bank employs a collection of tools known as monetary policy. The three main tools of monetary policy are the discount rate, reserve requirements, and open market activities.

The Fed influences the cost and accessibility of credit and money to maintain a strong economy as the nation's monetary policy regulator. The three objectives of monetary policy are to curb inflation, moderate employment levels, and maintain long-term interest rates.

To know more about monetary policy refer to: brainly.com/question/28038989

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The net income reported on the income statement is $58,000. However, adjusting entries have not been made at the end of the peri

nlexa [21]

Answer:

The corrected Net income = $54,500

Explanation:

Net income is defined as the total profits earned by an individual from a business venture. It is equal to the difference between the gross income and the expenses involved including cost of supplies and accrued salaries.

Given: net income = $58,000

Entries not made include supplies expense = $2,200 and accrued salaries = $1,300

Therefore, the corrected net income = net income - expenses = $58,000 - ($2,200 + $1,300) = $54,500

8 0

3 years ago

Assume the market for spiral bound notebooks is in equilibrium. All students in public schools need notebooks of some type when

alukav5142 [94]

<span>a) If energy prices go up, manufacturing costs go up, which ultimately increases the price of the notebook. This will also most likely lead to a decrease in quantity, as the manufacturing cost per unit is higher. This is a supply determinant.

b) In theory, the subsidy reduces the cost per unit to the manufacturer, which increases supply and often reduces price, again being a supply-side determinant. In reality, it creates an incentive for notebook manufacturers to keep doing what they are doing, disincentivizing cost-saving developments and alternatives. Why innovate when you can get free government cheese?
Anyway, supply determinant.

c) The price of an inferior good increasing tends to push some demand for superior goods, especially when the income to cost of good ratio remains the same for the inferior good but gets better for the superior one. Demand determinant. </span>

8 0

3 years ago

ABC Company just started business in August. They made the following purchases during August: August 01 300 units $1,560 total c

anastassius [24]

Answer:

Inventory= $3,240

Explanation:

Giving the following information:

They made the following purchases during August:

August 01: 300 units $1,560 total cost

August 12: 400 units 2,340 total cost

August 24: 400 units 2,520 total cost (2520/400= $6.3)

August 30: 300 units 1,980 total cost (1980/300= $6.6)

A physical count on August 31 reveals that there are 500 units on hand.

FIFO (first-in, first-out)

Inventory= 300*6.6 + 200*6.3= $3,240

8 0

3 years ago

A woman earned wages of $32 comma 000, received $2600 in interest from a savings account, and contributed $3500 to a tax-d

PilotLPTM [1.2K]

Answer:

1. Gross income = $34,600

2. Adjusted gross income = $31,100

3. Taxable income = $19,960

Explanation:

Given data;

Earned wages = $32,000

Interest received = $2600

Tax contribution = $3500

Personal exemption = $4050

Deductions = $7090

1. Gross income; All earnings before any tax payment or deductions

Gross income = $32,000 + $2600

=$34,600

2. Adjusted gross income:

The adjusted amount from the question is $3500,

Therefore,

Adjusted gross income = Gross income - adjusted amount

= $34,600 - $3500

= $31,100

3. Taxable income: It's calculated using the formula;

Taxable income = adjusted gross income - exemption + deductions

Substituting, we have;

Taxable income = $31,100 - ($4050+ $7090)

= $31,100 - $11,140

=$19,960

4 0

3 years ago

On December 2, Coley Corp. acquired 1,600 shares of its $3 par value common stock for $21 each. On December 20. Coley Corp. reis

shusha [124]

Answer:

(A) Credit Additional Paid in Capital $9,600

Explanation:

As provided earlier, shares of own company were acquired, at a premium, which creates a treasury account with the amount of purchase back of shares.

This is because of the amount paid towards purchase that is for the amount received on purchase.

Further when shares are resold the paid in capital account is credited,

Additional capital to be credited = $11 - $3 = $8 per share

$8 $\times$ 1,200 shares = $9,600

With this amount the balance of additional capital will increase, and thus this account will be credited.

If there is any reversal to treasury stock it will be treasury stock account debit, thus option b) and option d) are completely invalid.

Further cash received = $11 $\times$ 1,200 = $13,200 and not $25,200

Therefore option c) is also invalid.

Therefore, Correct option is

(A) Credit Additional Paid in Capital $9,600

4 0

3 years ago