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3 years ago

Which of these is not something the fed is able to do?

Business

2 answers:

OlgaM077 [116]3 years ago

6 0

Options:

a. being a lender of last resort

b. being concerned with the stability of the banking system

c. serving as a major bank for the central government

d. setting currency exchange rates

Answer:

D) setting currency exchange rates

Explanation:

The US currently uses a floating exchange rate, which means that the value of the US dollar depends on the supply and demand of the US dollar and not any decision taken by some government entity (including the Fed).

The Fed's four main responsibilities are:

control of the money supply and credit supply
regulation and supervision of financial institutions
serve as a banking and fiscal agent for the US government
supply payment services through depository institutions

kykrilka [37]3 years ago

5 0

The correct answer is "<span>Prevent a budget deficit".

The FED or also known as The Federal Reserve System cannot prevent a budget deficit or the excessive use of money of the country, and increasing of expenses instead of an increase in the country's revenue.</span>

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2 years ago

Andres and Lakeisha are married and file jointly. Andres is 72 years old and in good health. Lakeisha is 62 years old and blind.

PIT_PIT [208]

Answer: $26,600.

$26,600 = $24,000 + ($1,300 × 2). The married joint standard deduction is increased for $1,300 for each blind and/or taxpayer age 65 by year-end.

Explanation:

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3 years ago

Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 6%, $10 par non-cum

grandymaker [24]

Answer:

$6,000

Explanation:

Calculation to determine How much of the 2019 dividend was distributed to preferred shareholders

Dividend distributed to preferred shareholders=Shares of 6%, $10 par non-cumulative preferred stock

Let plug in the formula

Dividend distributed to preferred shareholders=(10,000 ×$10) × .06

Dividend distributed to preferred shareholders = $6,000

Therefore How much of the 2019 dividend was distributed to preferred shareholders will be $6,000

3 0

3 years ago

Several years ago, Apple purchased, cool headphone maker Beats. Apple continues to sell Beats headphones that work with non-appl

aleksandrvk [35]

Answer:

Apple has lower costs in headphone production because it has larger production scale.

Explanation:

There is no available option. Please consider the given above.

If Apple has lower production cost then the acquisition is not justified.

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3 years ago

Evan Engineering Group receives royalties on a technical manual written by two of its engineers and sold to a publishing company

natta225 [31]

Answer:

$8,565

Explanation:

Sales revenue of the year 2015 = $30,010

Accrued royalty revenue on December 31, 2015 = 30,010 x 10%

= $3,001

Evan received royalties of $2,613 on April 1, 2016.

Hence, royalty receivable for the year ended December 31, 2015 = 3,001- 2,613

= $388

On October 1, 2016, Evan received royalties of $4,631.

Thus, royalty received for the first half of the year 2016 = 4,631 - 388

= $4,243

The 2nd half of 2016 sales were estimated to be $43,220

Hence, royalty for the second half of the year 2016 = 43,220 x 10%

= $4,322

Evan's 2016 royalty revenue = Royalty revenue for the first half + Royalty revenue for the second half

= 4,243 + 4,322

= $8,565

5 0

3 years ago