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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.

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Suppose the economy is operating in long-run equilibrium and a positive demand shock hits. We expect a short-run increase in rea
Pepsi [2]

Answer:

The correct answer is: an expansionary gap; decrease the money supply.

Explanation:

An expansionary gap is when genuine output surpasses potential output. At the end of the day, the economy is incidentally working over its long-run potential as estimated by real GDP.

3 0
3 years ago
An investor company uses the equity method to account for its investment in 25% of the outstanding common stock of an investee c
masya89 [10]

Answer:

Option A is correct.

<u>A decrease in the Equity Investment account</u>

Explanation:

Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.

4 0
3 years ago
Bioclean Co., a merchandiser, sells a biodegradable cleaning product and has predicted the following sales for the first four mo
Zanzabum

Answer:

2,060 units

Explanation:

As we know thestock policy of the firm is the ending inventory for each month should be the 30 % of the next month's sales

In the case of february, following this policy:

  • Starting inventory: is the same of ending inventory of the previous month: 0,3*2,000 (February´s sales) units= 600 units.
  • Ending inventory= 0,3*2,200 (March´s sales) units= 660 units

Also, Ending Inventory (EI) is the result of the sum of Starting Inventory (SI) and  February Purchases (P) minus February Sales (S)

  • EI= SI+P-S

We want to know P ( units Purchased), so:

P= EI-SI+S= 660-600+2,000=2060 units

8 0
3 years ago
Use the following information to calculate for the year ended December 31, 2018
Anastasy [175]

Answer:

a. $13,000

b. $17,000

c. $27,000

Explanation:

a= Net income (loss) = Service revenue - Other operating expenses

Net income (loss) = $25,000 - $12,000

Net income (loss) = $13,000

b. Ending retained earnings = Beginning retained earnings + Net income - Dividends

Ending retained earnings = $5,000 + $13,000 - $1,000

Ending retained earnings = $17,000

c. Total assets = Cash + Accounts receivable + Supplies + Equipment

Total assets = $15,000 + $3,000 + $3,000 + $6,000

Total assets = $27,000

8 0
3 years ago
Flightline, the 4-year-old colt, was the talk of breeders’ cup weekend. How much is the horse, undefeated in six career starts,
Sindrei [870]

Flightline. The Breeders' Cup weekend was all about the 4-year-old colt. The horse won the Breeders' Cup Classic by 814 lengths after going undefeated in six career starts. Flightline was valued at $184 million after owners sold a 2.5% stake in the horse for $4.6 million.

What is Horse Race?

Horse racing, the sport of racing horses at high speeds, primarily Thoroughbreds with a rider astride or Standardbreds pulling a conveyance with a driver.

These two types of racing are known as flat racing and harness racing, respectively.

The article quarter-horse racing describes racing on the flat with horses other than Thoroughbreds.

Horse racing is one of the oldest sports, and its basic concept has changed little over the centuries. It evolved from a simple contest of speed or stamina between two horses to a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and enormous sums of money, but its fundamental feature has always remained the same: the horse that finishes first wins.

To learn more on Horse Race from the link:

brainly.com/question/21410695

#SPJ4

3 0
1 year ago
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