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2 years ago

The federal funds rate is the interest rate on _, and it is controlled by the _.

1 answer:

4 0

The federal funds rate is the interest rate at which private depository institutions (mostly banks) lend balances (federal funds) at the Federal Reserve to other depository institutions. reserves that banks lend to each other; Federal Open Market Committee

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CWN Company uses a job order costing system and last period incurred $82,000 of actual overhead and $100,000 of direct labor. CW

HACTEHA [7]

Answer:

the predetermined overhead rate is 65%

Explanation:

The computation of the predetermined overhead rate is shown below;

The Predetermined overhead rate

= Expected overhead ÷ expected total direct labour cost

= $73,000 ÷ $100,000

= 0.73

= 65%

hence, the predetermined overhead rate is 65%

The same would be considered and relevant

4 0

3 years ago

Tim owns a mobile home he wants to transform into real property. He attaches the mobile home to an approved foundation; records

kotegsom [21]

Answer:

The answer is: Tim forgot to get a building permit

Explanation:

In order to convert a mobile home into real property, these conditions must be met:

homeowner must obtain a building permit
the mobile home must be attached to a permanent foundation
homeowner must obtain a Certificate of Occupancy
you must have a record stating that the mobile home has been attached to a permanent foundation

Tim complied with three out of the four requirements needed to convert his mobile home into real property, but he forgot the first step.

5 0

3 years ago

Suppose that a worker in Radioland can produce either 4 radios or 1 television per year, and a worker in Teeveeland can produce

olga_2 [115]

Answer:

300 radios, 100 televisions in Radioland and 100 radios, 300 televisions in Teeveeland

Explanation:

This question has been answered by in two parts

1. Radioland

Each worker can produce either 4 radios or 1 television

The country has a total of 100 workers

Radioland specializes in radio production because it has comparative advantage in this good, therefore Radioland will only produce radios.

Therefore, the total number of radios it will produce per year

= 4 radios per worker * 100 workers

= 400 radios.

If Radioland trades 100 radios to Teeveeland in exchange for 100 televisions each year, Radioland will end up with

= 400 radios - 100 radios (to Teeveeland) + 100 televisions (from Teeveeland)

= 300 radios + 100 televisions in Radioland.

2. Teeveeland

Each worker can produce either 2 radios or 4 televisions

The country has a total of 100 workers

Teeveeland specializes in television production because it has comparative advantage in this good, therefore teeveeland will only produce television.

Therefore, the total number of televisions it will produce per year

= 4 televisions per worker * 100 workers

= 400 televisions.

If Teeveeland trades 100 televisions to Radioland in exchange for 100 radios each year, Teeveeland will end up with

= 400 televisions - 100 televisions (to Radioland) + 100 radios (from Radioland)

= 300 televisions + 100 radios in Teeveeland.

3 0

2 years ago

If a one-year adjustable-rate mortgage loan (ARM) is originally offered at 7% interest with "caps of 1 and 6," the interest rate

ozzi

Answer:

This will be false

Explanation:

Base on the scenario been described in the question, it is false because the rate can go above 8% at the first adjustment and according to how high the chosen index might rise, it can also go above 11% which is stated that it cannot, so it is false.

3 0

3 years ago

Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full a

dexar [7]

Answer:

Total increase in deposit = $54,200,000

Explanation:

given data

deposits = $20 million dollars

bank reserve = 10%

solution

we know that Deposit in bank A is = $20,000,000

and Reserve @ 10% = $2,000,000

Bank A loans or bank B deposit will be = $20,000,000 - $2,000,000

Bank A loans or bank B deposit = $18,000,000

here Reserve @ 10% = $1,800,000

Bank B loans or Bank C deposit will be here = $18,000,000 - $1,800,000

Bank B loans or Bank C deposit = $16,200,000

so that

Total increase in deposit will be = Bank A + Bank B + Bank C ...............1

put here value we get

Total increase in deposit = $20,000,000 + $18,000,000 + $16,200,000

Total increase in deposit = $54,200,000

3 0

2 years ago

The federal funds rate is the interest rate on _____, and it is controlled by the _____.

The federal funds rate is the interest rate on _, and it is controlled by the _.