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Ksivusya [100]
1 year ago
12

suppose that you are a member of the board of governors of the federal reserve system. the economy is experiencing a sharp rise

in the inflation rate. in this case, the reserve ratio and the discount rate should be
Business
1 answer:
vivado [14]1 year ago
4 0

The board of governors of the federal reserve system. The interest rate that a bank charges another bank for an overnight loan may be referred to as the federal fund rate. In other terms.

It refers to the interest added to any overnight are borrowing or lending of excess reserves by others.The Federal Reserve uses the Federal Fund Rates to help keep inflation under control and promote healthy economic growth.In this situation, where a nation's economy is seeing a strong rise in inflation, I would advise raising the federal funds rate to help rein in the rising inflation rate.The relative abundance or scarcity of reserves at the Federal Reserve is directly tied to both the inflation rate and the Federal Funds Rate.If an economy is going through a sharp and protracted inflationary tendency, I'll suggest the following adjustments.Increase in reserve ratio: I'll do that. Discount percentage: I'll raise the discount percentage.Open market operations: I propose reducing the money supply by increasing the sale of government bonds.

To know more about Fund rates visit:

brainly.com/question/23732411

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Mr. Smith would like to run for a Senate seat in Massachusetts. He is 49 years old and has been a citizen of the United States a
Mars2501 [29]

Answer: No. Mr. Smith cannot run for the Massachusetts Senate seat

Explanation:

From the question, we are informed that Mr. Smith is 49 years old, a United States citizen and that he would like to run for a Senate seat in Massachusetts. He lives in New York and is registered to vote in that state.

It should be noted that Mr Smith isn't a resident of Massachusetts and therefore, he cannot run for Senator as he's not registered there but rather he registered in New York. Assuming he registered in New York, then he can be a senator there but he isn't registered there, therefore he can't.

4 0
3 years ago
The first step in building a good credit record is _____.
Mekhanik [1.2K]

Answer: open a savings account

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Bank accounts can help you access credit and acquire a home, a car, a personal loan because banks favor existing customers, especially those who manage their money well. 

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3 years ago
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Answer:

(D) are more heterogeneous and less standardized and uniform

Explanation:

Since services have greater heterogeneity, there is some variability of inputs and output in services, so they tend to be less standardized and uniform than goods.

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The value of what must be foregone in order to undertake an activity is known as Multiple choice question. opportunity cost. a t
Marianna [84]

In business, people often make choices. Opportunity Cost is the value of what must be foregone in order to undertake an activity.

<h3>What is opportunity cost?</h3>
  • The economists often refer to this type of cost as the amount or the value of the next highly rated alternative use of one's money or resource.

An example is when a person spend their time and money going to a shop, one cannot spend that time at cooking, and you even did not spend the money on other things.

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