The first one will be c and the second one will be b
The interest rate that commercial banks earn from keeping excess reserves at the Fed is A. IORB.
<h3>What is the IORB?</h3>
The full term is, "Interest on Reserve Balances (IORB)" and it is a rate that is paid by the Fed to banks.
This rate is based on the amount of excess reserves that the bank keeps at the Fed to help with its monetary policy.
Find out more on the Interest on Reserve Balances at brainly.com/question/27962333.
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Nipennie and Mirasa, two developing countries, bartered cotton for jute rather than for currency. In this scenario, the two countries engaged in counter-trade.
Explanation:
Counter-trade is an internal mode of trade through which products and services are traded instead of hard currency for any other products or services. For developing nations with restricted exchange or credit services, this form of global trade is more prevalent.
Counter-trade can be divided into 3 main categories: trade, counter purchase and reimbursement.
The earliest counter-trade practice is bartering. An important advantage of counter trade is that it makes foreign exchange savings simpler. Complex agreements, increased costs and logistic problems are rising drawbacks of counter trade.
Answer:
If linen department is dropped operating income of the company will decrease.
Explanation:
That is because the cotrollable margin of the department is positive:
controllable margin = contribution margin - controllable fixed costs
$605,000-($800,000-380,000) = 185,000
That means that the Linen department helps to reduced fixed cost that are not generated by this department and that will keep existing wether the department is closed or not.
In addittion the Hardware department will loose 19% of its sales if the Linen department is closed. Thus will result in a reduction of the cntribution margin of the hardware deparment too.
The answer is B. Blueprints for a house. Hope it help
