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Liula [17]
1 year ago
8

What would economic conditions potentially be like in the u.s if the federal reserve did not regulate monetary policy, monitor b

anks, and provide services for banks?
Business
1 answer:
kenny6666 [7]1 year ago
4 0

If the Federal Reserve did not regulate monetary policy, monitor banks, and provide services for banks, then the transactions would be more costly and interest rates will be more.

The Federal Reserve (Fed) in the US manages the economic and financial system in US. It regulate the monetary policy, monitor banks and provide services for banks. They monitor banks so that there will be no more increases in the costs of transactions than the cost agreed by the Fed. Also it will also reduce the possibility of increase in interest rates as the monetary policy is also implemented by the Fed. As a head of the banks, the Federal Reserve also provide services to other banks. In short, the Fed keeps the US economy stable. If they did not regulate monetary policy, monitor banks, and provide services for banks, then it would have been hard to keep this economic stability in US.

Learn more about Federal Reserve at brainly.com/question/382312

#SPJ4

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Metlock Windows manufactures and sells custom storm windows for three-season porches. Metlock also provides installation service
Xelga [282]

Answer:

June 1 2020

No entry

September 1, 2020

Dr Cash $1,980

Dr Accounts receivable $300

Cr Sales revenue $1,730

Cr Unearned sales revenue $550

September 1, 2020

Dr Cost of goods sold $1,140

Cr Inventory $1,140

October 15 2020

Dr Cash $300

Dr Unearned service revenue $550

Cr Accounts receivable $300

Cr Service Revenue $550

Explanation:

Preparation of the journal entries for Geraths in 2020

June 1 2020

No entry

September 1, 2020

Dr Cash $1,980

Dr Accounts receivable $300

($1,730+$550+$1,980)

Cr Sales revenue $1,730

($1,980/$2,610*$2,280)

($1,980+$630=$2,610)

Cr Unearned sales revenue $550 ($630/$2,610*$2,280)

September 1, 2020

Dr Cost of goods sold $1,140

Cr Inventory $1,140

October 15 2020

Dr Cash $300

Dr Unearned service revenue $550

Cr Accounts receivable $300

Cr Service Revenue $550

6 0
2 years ago
A(n) ________ breach of a contract occurs when a party renders inferior performance of his or her contractual obligations.
DanielleElmas [232]
The answer to this question is a material breach. A material breach is a breach of contract where in the other party failed to provide or perform what is needed in the contract. This also shows that the contract can no longer be completed.
6 0
3 years ago
Where to find fresh sugar cane juice around Orlando/Lake Mary, FL?
Oxana [17]
Im sure the answer is orlando

3 0
2 years ago
BSU Inc. wants to purchase a new machine for $35,500, excluding $1,400 of installation costs. The old machine was bought five ye
RoseWind [281]

Answer:

(a) Payback period: 4.6 years;

(b) IRR: 8.45%;

(c) NPV = $2,180; machine should be purchased.

Explanation:

(a)

We have net investment outlay = Purchase cost of new machine + Installation cost of new machine - Proceed from selling old machine = 35,500 + 1,400 - 2,200 = $34,700

Payback period = Initial investment outlay/ Cost saving per year = 34,700/7,500 = 4.6 years.

(b)

IRR is the discount rate that brings NPV of the project to zero. Thus, we have:

-34,700 + (7,500/IRR) x (1- (1+IRR)^-6) = 0 <=> IRR = 8% (Round to 0 decimal places.

(c)

NPV of the project is calculated at 6% required rate of return as: -34,700+ (7,500/6%) x (1- (1+6%)^-6) = $2,180.

Thus, new machine should be purchased.

5 0
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