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]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.

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Investment advisors at your local bank branch office

TEA [102]

Answer:

Financial advisor.

Explanation:

A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

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3 years ago

At December 31, 2017, Sager Co. had 1,200,000 shares of common stock outstanding. In addition, Sager had 450,000 shares of prefe

AnnZ [28]

Answer: $3.49

Explanation:

Diluted earnings per share = $\frac{Net Income}{Outstanding Common Stock + Convertible shares}$

Diluted Earnings per share = $\frac{6,800,000}{1,200,000 + 750,000}$

Diluted Earnings per share = 3.4871

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Eight years ago, Bravo Company purchased land for $170, 000. The current fair market value of the land is $421,000. The rate of

victus00 [196]

Answer: $170,000

Explanation:

According to the historical cost concept, the original cost value of a asset (i.e. land) should be recorded in the books. The original cost refers to the cost of a asset at the time of purchasing. As per the principle of historical cost, assets are always recorded as a original cost or historical cost or acquisition cost.

But when a person sold the asset then he will consider the fair market value.

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Which of the following definitions describes the term electroncution

irina1246 [14]

A reflex response to the passage of electric current through the human body and results when electric current enters the body at one point and leaves through another.

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During the great depression of the 1930s, u.s. real gdp fell by about ____ percent, in comparison to the ______ percent decline

leva [86]

27, 3.7 is the correct answer....

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