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lara [203]
3 years ago
15

Which of the following is not a core component to the federal reserve bank?

Business
2 answers:
galben [10]3 years ago
7 0
The answer is b. department of the treasury
Ratling [72]3 years ago
5 0

 

<u>The option (B) is correct. The Department of the treasury is not the core component of the Federal Reserve Bank. </u>

Further Explanation:

The central bank of the United States is the Federal Reserve Bank. It was founded in 1913 to provide the nation with a stable financial and monetary system by Congress. The primary function of the central bank is:

• Monetary Policy

• Banking Supervision

• Financial Services

Justification for the correct and incorrect option:

A.

Federal Open Market Committee: This option is incorrect.

It is the Federal bank's monetary policy-making body. The key responsibility of the federal open market committee is to formulate a policy that helps to promote economic growth and stable prices.

B.

Department of the Treasury: This option is correct.

It is responsible for the management of  Federal finances by and paying bills and collecting taxes and also managing public debt and government accounts. This is not the federal reserve component.

C.

Regional Federal Reserve: This option is incorrect

There are 12 Federal Reserve Banks and 24 branches making up the whole  Federal Reserve System which  supervised  by the Board of Governors

D.

Board of Governors: This option is incorrect.

The Board of Governors is also known as the Federal Reserve Board. It is one of the components of the Federal Reserve System. The key responsibilities of the Board of Governors are to provide guidance in monetary policy action and analyze international and domestic financial and economic conditions.

Learn more:

1. Learn more about the low liquidity bank accounts

brainly.com/question/2953973

2. Learn more about the traditional saving account

brainly.com/question/2652429

3. Learn more about the role of money

brainly.com/question/12984919

Answer details:

Grade: High School

Subject: Economics

Chapter: Money and Banking

Keywords: Federal Reserve Bank, Federal Open Market Committee, Department of the Treasury, Regional Federal Reserve, Board of Governors.

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According to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

<h3>Who is Michael Kremer?</h3>

Michael Kremer is an American development economist and a Nobel Prize winner for developing an innovative economic theory for poverty alleviation, especially in large populations.

Michael Kremer did not think that large populations disadvantaged the nation, but it could be a factor in increasing the living standards through technological advances.

Thus, according to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

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5 0
2 years ago
The detailed formulation of future actions to achieve a particular end is a management activity called_________
Ann [662]

Answer:

Planning

Explanation:

Planning is one of the 4 planning process functions. Other functions are organizing, leading and controlling. Planning is the primary function as it lays out the action plan that needs to be implemented to achieve organizational goals and objectives. Planning involves foreseeing the future and identifying different ways to achieve the predetermined objectives. It is one of the important functions of management as all other functions are dependent on this function.

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3 years ago
Ruben, the owner of Fitstem, a popular gym, analyzes the competition that the gym faces and understands the changing needs of it
Llana [10]
Planning skills is what I think
4 0
3 years ago
A management concept based on an understanding of the changing wants and needs of customers, and which leads to flexible product
goldfiish [28.3K]

Answer:

customer orientation

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4 0
2 years ago
Alex wilson and james lawrence are discussing the high price of crude oil in the global market.​ alex, a sociology professor who
algol [13]

Answer:

Developing countries are using less oil because of substantial investments in renewable energy.

Explanation:

Solution

From the given question, the statement that would weaken James argument is that, countries that are developing are using fewer oil because of substantial investments in renewable energy.

This shows that the demand is actually higher no matter if its in growing or developing  country or a developed country and since his statement says that prices depend upon the demand, it actually supports it whereas the statement B is the only statement which is totally contradicting James statement as it doesn't talk about demand in developed country and also says that developing ones are demanding little of it.

Complete question : Alex Wilson and James Lawrence are discussing the high price of crude oil in the global market. Alex, a sociology professor who follows the financial markets closely, claims that the volume of trade in oil futures has increased indicating that speculators are responsible for the high oil prices. James, who works at an investment bank, thinks that the increase in oil prices is demand-driven. According to him, the higher price of oil reflects growing demand from developing countries.  

Which of the following, if true, would weaken James' argument?

A. A private oil drilling firm has recently discovered vast oil deposits off the coast of a remote island country.

B. Developing countries are using less oil because of substantial investments in renewable energy.

C. Per capital consumption of oil was higher in the developed countries than in the developing countries during the last year.

D. An increase in oil prices tends to accelerate inflation in growing economies.

E. Following a large oil spill, some countries have introduced new regulations for offshore oil drilling.  

4 0
3 years ago
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