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shtirl [24]
3 years ago
13

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

Business
2 answers:
Vsevolod [243]3 years ago
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]3 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 (<em>Federal Reserve System</em>) 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.

You might be interested in
The goal of channels of distribution is to move products from producers to
Delvig [45]

Answer:

Final consumers

Explanation:

The goal of channels of distribution is to move products from producers to final consumers, that is, by bridging the gap between the producer and the consumer by bringing the product or service to the final buyer or consumer. Products and services may go through channel members known as intermediaries which include wholesalers, retailers, distributors.

7 0
3 years ago
You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di
shepuryov [24]

Answer:

Shopping product

Explanation:

Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.

Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.

Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases.  Such purchases require research and significant efforts on part of the consumer.

4 0
4 years ago
Margin of Safety Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $4
valina [46]

Answer:

Margin of safety - Units =3350

Margin of safety - Sales Revenue = $251250

Explanation:

Margin of Safety indicates how much sales may decrease before a loss can be made.

<u>Margin of safety - Units</u>

Margin of safety - Units = 5000-1650 =3350

<em>Margin of Safety as a % = 3350/5000 ×100 = 67%</em>

<u>Margin of safety - Sales Revenue</u>

Expected Sales = (5000 × $75) =$375000

Margin of Safety = $375000 × 67% = $251250

3 0
3 years ago
In December, Davis Company had the following cost flows:
Brums [2.3K]

Answer and Explanation:

1. The Journal entry is shown below:-

a. Work in process for Grinding department Dr, $129,400

           To Work in process for Molding department $129,400

(Being transfer the cost to the grinding department is recorded)

b. Work in process for Finishing department Dr, $232,700

            To Work in process for Grinding department $232,700

(Being transfer the cost to the finishing department is recorded)

c. Finished goods Dr, $272,200

          To Work in process-Finishing department $272,200

(Being transfer the cost to the finishing goods is recorded)

2. According to the job order costing, all cost is transferred on one time to the finished goods inventory plus there is no carry forward

On the other side, the process costing is the costing in which all the journal entries are interconnected with each type of department

6 0
4 years ago
If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing
Vsevolod [243]

Answer:

C. Business process improvement.

Explanation:

Product reevaluation and Life cycle costing are product dependent and aims to improve products on the individual level and the business on the whole.

Business Intelligence is when businesses use different types of data to compile an analysis for informed decision making.

A value chain refers to all the activities that a business undertakes from procurement of raw materials to adding value. This can be a part of improvement process but it is not directly related.

Business process improvement is when management identifies all the business processes and analyses if there is a need for improvement and identifying areas that need change - then improving upon these findings.

This is the right answer.

Hope that helps.

6 0
3 years ago
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