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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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For index numbers like stock market indexes A. the numbers are not measured in dollars or any other units and their values are m

vladimir2022 [97]

Answer:

Correct option D

Explanation:

An index number is the measure of change in a variable (or group of variables) over time. It is typically used in economics to measure trends in a wide variety of areas including: stock market prices, cost of living, industrial or agricultural production, and imports. Index numbers are one of the most used statistical tools in economics.

Index numbers are not directly measurable, but represent general, relative changes. They are typically expressed as percents.

Index numbers are not measured in dollars or any other units and changes in their values are more important than the values themselves.

8 0

3 years ago

Read 2 more answers

You sell a stock for $50.00 that was held for 10 years. You earned a return of 8%. What was the original cost of the stock?

Irina18 [472]

Answer:

Original cost of the stock = $23.16

Explanation:

Original cost of the stock = Selling price of stock / ( 1 + r )^n

Original cost of the stock = $50 / (1+8%)^10

Original cost of the stock = $50 / (1.08)^10

Original cost of the stock = $23.16

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3 years ago

Major Corp. is considering the purchase of a new machine for $5,000 that will have an estimated useful life of 5 years and no sa

Yuri [45]

Answer:

2.5 years

Explanation:

The payback method calculates how many years it will take the company to recover the investment's cost without considering any discount rate. The formula sued to calculate the payback period is:

payback period = investment cost / annual cash flow

payback period = $5,000 / $2,000 = 2.5

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3 years ago

Jordan (single, age 30), a real estate broker (self-employed), had the following income and expenses:

natita [175]

Given:

Commission income = $180,000

Medical insurance = $10,000

Salary expense = $40,000

Medical insurance premium paid for himself = $7,000

Office rental expense = $30,000

Medical expenses paid for himself = 5,000

Computation of business income:

Business income = Total revenue - Total expenses

Business income = $180,000 - ($10,000 - $40,000 - $30,000)

Business income = $180,000 - $80,000

Business income = $100,000

Note: Self-incurred expenses are not included in business expenses.

Computation of AGI:

AGI = Business income - Deduction from schedule c

AGI = $100,000 - Medical insurance premium paid for himself

AGI = $100,000 - $7,000

AGI = $93,000

Therefore, option "B" is the correct answer to the following question.

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3 years ago

Ignore vinny's agreement with oscar and assume that vinny and maria had an otherwise valid contract. could maria avoid her oblig

omeli [17]

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3 years ago