1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NikAS [45]
3 years ago
13

The main function of the Federal Reserve System is to a. clear checks from member banks. b. serve as the fiscal agent for the fe

deral government. c. control the money supply. d. set reserve requirements of banks.
Business
1 answer:
grin007 [14]3 years ago
3 0

Answer:

c. control the money supply

Explanation:

The Federal Reserves perform three primary functions which include conducting the country’s monetary policy, supervise and regulate commercial banking operations, and maintaining an effective and efficient payment system.

Monetary policy is the function most businesses consider most important. It involves strategic actions taken by the Federal Reserve to control the supply of money and credit to create price stability and maintain optimum sustainable economic growth. The Fed has several tools to regulate the money supply; they include the Fed fund rate, the discount rate, and open market operations.

You might be interested in
Left, right, center,and justify are types of what
forsale [732]

Answer:

Justified Alignment

Explanation:

The type of text alignment that is frequently seen in newspaper,magazines,and books(both the left and the right sides of the paragraph are perfectly straight).I'm sorry if it was wrong.

brainliest plz ;-;

8 0
3 years ago
Which type of break can you insert if you want to force text to begin on the next page?
pav-90 [236]
Insert a page break.
4 0
3 years ago
Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay
nirvana33 [79]

Answer:

Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)

Explanation:

Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.

EffectiveAnnual=(1+EffectiveMonthly)^{\frac{1}{12} } -1

That is:

EffectiveAnnual=(1+0.012267477)^{\frac{1}{12} } -1=0.12986448

Which we round to 12.99% effective annually.

Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.

Best of luck.

Download xlsx
3 0
3 years ago
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 820,000 Net operating income $ 59,000 Averag
VladimirAG [237]

Answer:

11.56%

Explanation:

The computation of the minimum required rate of return is shown below:

Residual income = Net operating income - (Average operating assets × minimum required rate of return)

$22,000 = $59,000 - ($320,000 × minimum required rate of return)

After solving this the minimum required rate of return is 11.56%

By applying the above formula we can find out the minimum required rate of return

7 0
3 years ago
The __________ assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misr
Finger [1]

The SAFE act assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misrepresentation, deceit, or conversion of trust funds in a transaction.

<h3>What is the SAFE act?</h3>

This was the act in the United States that made it mandatory for houses to be registered and licensed.

The act is based on houses that are used as residences. The full meaning of the act is the  Secure and Fair Enforcement for Mortgage Licensing Act.

The main purpose of the SAFE act is to try to ensure that consumers are protected and also help in the reduction of fraud. This would be done by setting a standard for licensing and the originators of mortgage loans.

Hence the correct answer to the question is the SAFE act.

Read more on court judgement here; brainly.com/question/14077067

#SPJ1

4 0
2 years ago
Other questions:
  • What’s going on here? As soon as Dewey Cheatum and Howe Motors increase the prices on their SUVs, then so does their only compet
    14·1 answer
  • I need some help! I'm not necessarily looking for the exact, technically correct answer to my question. Users submit questions a
    5·1 answer
  • When retailers accumulate merchandise from producers in large amounts and sell to consumers in smaller amounts it is considered
    9·1 answer
  • Cushenberry Corporation had the following transactions.1. Sold land (cost $11,360) for $14,200.2. Issued common stock at par for
    15·1 answer
  • A car manufacturer advertises that the windshield in its cars is shatterproof and will not break even when hit with a strong imp
    10·1 answer
  • On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on Nov
    8·1 answer
  • signed a contract to work for Acme Global. The contract described the terms of her employment, including her pay and benefits. A
    7·1 answer
  • At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player that normally sells for $45. A
    11·1 answer
  • How does the business cycle affect consumers? check all that apply.
    15·1 answer
  • An increase in the expected inflation rate, other things remaining the same?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!