1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adoni [48]
1 year ago
7

Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governor

s c. treasury officials d. the reserve banks
Business
1 answer:
Taya2010 [7]1 year ago
5 0

The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

<h3><u>What is board of governors?</u></h3>
  • The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
  • It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
  • In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
  • The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members.
  • The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

Know more about board of governors with the help of the given link:

brainly.com/question/3935458

#SPJ4

You might be interested in
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date w
Murrr4er [49]

Answer: $603,500

Explanation:

Ending inventory in 2014;

= Ending inventory balance 2013 + ((\frac{Inventory current price 2014}{Price index 2014} * 100) - ending inventory 2013)) * Price index 2014/100

= 550,000 + ((\frac{642,000}{107}* 100) - 550,000)) * 107/100

= $603,500

3 0
2 years ago
Since commercial finance companies offer loans to higher-risk customers than commercial banks, the interest rates they charge ar
Bas_tet [7]

Answer:

The correct answer is (A)

Explanation:

Commercial finance is another way to generate funds, but they come with certain drawbacks compared to commercial banks. Commercial finance usually give loans to customers who are interested in more risky investments.  The interest they charge is usually higher which can only be paid if a client invests in riskier investments to earn higher returns.

3 0
3 years ago
The _____ is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit car
Marina86 [1]
B. annual fee? possibly
7 0
3 years ago
On January 1, 2019, Wasson Company purchased a delivery vehicle costing $40,000. The vehicle has an estimated 6-year life and a
ELEN [110]

Answer:

option (A) $29,920

Explanation:

Data provided in the question;

Purchasing cost = $40,000

Estimated life = 6 years

Salvage value = $4,000

Estimated driving life = 100,000

Vehicle driven in total till 2020 = 10,000 + 18,000 = 28,000

Now,

Using the units-of-production depreciation method

Total depreciation till 2020 = \frac{\textup{Purchasing cost - Salvage value}}{\textup{Estimated driving life}}\times\textup{Total distance driven}

or

Total depreciation till 2020 = \frac{\textup{40,000 - 4,000}}{\textup{100,000}}\times\textup{28,000}

or

Total depreciation till 2020 = $10,080

Thus,

Book value on December 31, 2020 = Purchasing cost - Depreciation

= $40,000 - $10,080

= $29,920

Hence,

The correct answer is option (A) $29,920

5 0
2 years ago
In addition to providing home mortgages, large commercial banks have specialized in providing short-term funds to mortgage banki
I am Lyosha [343]

Answer:

warehousing

Explanation:Warehouse financing as a type of financing   is the process whereby manufacturers or producers  take loan and the collateral for the loan taken are their goods/ items. The collateral   which is the goods or commodities are held in high regards or trust by a third party  who serves as a trustee holds the goods on the lender's behalf. s. an approved agent can also be used.

Warehouse financing is importantly necessary as it provides manufacturers with better and favorable loan terms , cost effective and  an adequate repayment plan also as a merit to its use.

4 0
2 years ago
Other questions:
  • When Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he was performing the function of:
    6·2 answers
  • An economy has three sectors producing products:
    12·1 answer
  • Suppose you want to invest $10,000. You have two options: Option #1: Invest in municipal bonds with an expected return of 8.00%,
    10·1 answer
  • A manufacturer reports the information below for three recent years.
    9·1 answer
  • La Tortilla is the only producer of tortillas in Santa Teresa. The firm produces 10,000 tortillas each day and has the capacity
    8·1 answer
  • Finish the lyrics lol<br><br> "let it gooo, let it gooo_________________''
    10·2 answers
  • Will award brainliest for correct answer
    6·1 answer
  • Select the BEST answer choice.
    6·1 answer
  • Scott Company had sales of $12,350,000 and related cost of goods sold of $7,500,000. Scott provides customers a refund for any r
    15·1 answer
  • The amazon echo is an example of ________ because when it was introduced, nothing like it existed on the market.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!