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2 years ago

The ________ is responsible for monitoring the money supply and the general stability and safety of the u. s. banking system.

1 answer:

8 0

The Federal Reserve is responsible for monitoring the money supply and the general stability and safety of u. s. banking system.

The US Central Banking System - The Federal Reserve System or Federal Reserve Board (Fed) is the most powerful economic institution in the United States and possibly the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.

The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole.

The FOMC controls the country's money supply. The voting members of the FOMC are the Board of Governors, the president of the Federal Reserve Bank of New York, and the presidents of the other four Reserve Banks, who function on a rotating basis. All Reserve Bank Governors participate in FOMC policy discussions.

Learn more about Federal Reserve here brainly.com/question/25817380

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Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy g

Elanso [62]

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.

6 0

3 years ago

ERIC: Hi, Hubert. This is my first economics course, and many of the concepts discussed in class are really confusing. Today the

Ymorist [56]

Answer:

ERIC: Hi, Hubert. This is my first economics course, and many of the concepts discussed in class are really confusing. Today the professor explained that the true cost of going to college includes both the tuition I pay as well as something called the "opportunity cost" of going to college. I don't understand. I pay $32,000 per year in tuition. The tuition is what I pay to the school, so it seems like that should be my true cost!

HUBERT: Hi, Eric. Many concepts in economics can be confusing at first. Let's talk it through.

Economists think of costs a bit differently than just the dollar amount that you pay. To an economist, the true cost of college includes the total value of what you give up in order to acquire your college education. In other words, not only did you give up the tuition money that you paid, but by attending college, you gave up opportunities to do other things with your time as well. This is where the idea of opportunity cost comes from.

The opportunity cost of your decision to go to college is the value of the next best alternative that you gave up. Suppose that your next best alternative to college is to work as a cashier. By not going to college, and taking this job, you could earn $16,000 per year. Then your opportunity cost of college is $16,000, and your total cost of a year of college is $48,000 per year.

ERIC: I think I get it now. So when I take into account the opportunity cost of college, the true cost is actually more than just the tuition.

HUBERT: Correct. Thinking about costs in this way will help you make more rational decisions in your everyday life. Now tell me, how can you explain your decision to go to college?

ERIC: I chose to go to college because, for me, the value of a year in college gives me a higher stand and offers me a better long-term opportunity that someone without a college degree.

Explanation:

The question poses a discussion about the opportunity cost of attending college. The understanding behind this is that by choosing to go to college, Eric is forfeiting the opportunity to get a job as a cashier that would earn him $16,000 a year while incurring his college fees of $32,000. Therefore, the total cost of attending college to him should be $48,000.

3 0

3 years ago

Steve went to his favorite hamburger restaurant with $3, expecting to buy a $2 hamburger and a $1 soda. when he arrived he disco

inysia [295]

The answer is The income effect.
Income effect is described as the change in demand of a service or good brought on by change in the income of a consumer.It is observed in two cases first is when income of person increases and second is when price of goods or service decreases.
The scenario given in the question is an example of second case as the price of burger was less than normal Steve perceived his income to be able to buy more product in same price

8 0

4 years ago

Which of the following is considered a purchase tax?

Butoxors [25]

I believe the answer is: D. excise tax

Purchase tax refers to the tax that must be paid by the buyer whenever they purchase a certain product. One of the example would be an excise tax.

Excise tax is the tax that buyers must paid when we buy a product that create some sort of negative effect to the society or environment. Example of an excise tax would be gasoline tax.

4 0

3 years ago

Kyle has $2,200 in cash received for high school graduation gifts from various relatives. He wants to invest it in a certificate

Darina [25.2K]

Answer:

Kyle will have in five years from now 2,501.26 dollars for his investment on certificate of deposit.

Explanation:

We need to calcualte the future value of a lump sum:

$Principal \: (1+ r)^{time} = Amount$

Principal $ 2,200

time 5 years

rate 2.6% = 2.6/100 = 0.02600

$2200 \: (1+ 0.026)^{5} = Amount$

Amount 2,501.26

7 0

3 years ago