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2 years ago

What is the main function of the Federal Open Market Committee?

2 answers:

8 0

To conduct monetary policy, it's open market operations. Buying and selling of federal government bonds to influence the money supply in the rate of interest. These operations are responsibility of Federal Open Market Committee. Ask google for more friend, hope I helped!

Contact [7]2 years ago

8 0

Answer:

The correct answer is: To manage the supply of money of the nation.

Explanation:

The Federal Open Market Committee or FOMC is the institution of the Fed (Federal Reserve System) of the United States that creates the policies on monetary matters. Besides, it is responsible for formulating a policy focused on promoting steady prices and economic prosperity.

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How long should an electronic cover letter be?

Delicious77 [7]

Approximately 150 words.

3 0

3 years ago

Read 2 more answers

When there is a break in an electric tools insulation or wiring the tools metal may become what

denpristay [2]

Answer:

Hot or energized

Explanation:

8 0

2 years ago

A firm wants to use an option to hedge 12.5 million in receivables from New Zealand firms.The premium is $.03. The exercise pric

morpeh [17]

Answer:

d. $6,500,000 dollars

Explanation:

Hedging is a strategy used by investment firms that want to minimize the risk of loosing their investments, so what they basically do is giving up the actions and investments and get some money in return, the exercise price is what they will pay you for your total investment, and the premium fee is somthing you have to pay to hedge an investment:

So you multiply the 12.5 million by .55 which is the amount you´ll receive, and withdraw form that the premium:

12,500,000x.55=$6,875,000

12,500,000x.03=$375,000

$6.875,000-$375,000= $6,500,000

The firm will receive $6,500,000 dollars.

3 0

3 years ago

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and

Trava [24]

Answer:

37.9%, lower

Explanation:

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is 37.9%, which is lower than that for the highest quintile of the U.S. income distribution in 2005.

8 0

3 years ago

Boxer Industries worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's

kkurt [141]

Answer:

Overhead= $6,000

Explanation:

Giving the following information:

Job 403:

Direct material= $40,000

Total manufacturing costs = $50,000

Boxer applies overhead at 150% of direct labor cost.

Total manufacturing costs= direct material + direct labor + allocated overhead

50,000= 40,000 + (direct labor + allocated overhead)

(direct labor + allocated overhead)= $10,000

We know that overhead is 50% higher than direct labor. In 100%, direct labor would de 40% and overhead 60%.

direct labor=10,000*0.4= $4,000

Overhead= 10,000*0.6= $6,000

3 0

3 years ago