Answer:
Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?
the discount rate is the interest rate that the Federal Reserve System charges banks for the loans it makes. The overnight rate or the federal funds rate is even lower, but it lasts a few hours only.
Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply.
- two percentage points above the private level
the higher the interest rate, the lower the increase in the money supply.
Answer:
<em>Inaccurate</em>
Explanation:
<em>The information that was given to Alex Timbers who was a wood supplier that furniture manufacturing company requires teak wood, this information was </em><u><em>inaccurate</em></u><em>.</em>
Because we can see in the scenario which is mentioned in the question that the quality specialist of that furniture manufacturer company observes that the logs that was sent by Alex Timbers are very big, as the company itself ordered for teak wood, and we know that teak wood is very big. So, we can say that information provided by the company was inaccurate.
you need ideas and concepts
Answer:
$23,160
Explanation:
The Total interest = 15,040 + 4040 + 1040 + 3040
Total interest = $23,160
Hence, the Interest deductable this year = $23,160
