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3 years ago

Identical products is a characteristic of a(n) ______ .

1 answer:

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Identical products is a characteristic of a A. perfect competition.
Here are all of the characteristics of perfect competition:
1. a large number of small firms
2. identical products
3. freedom and resource mobility
4. knowledge of prices and technology

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Anna worked for over an hour trying to set up her new phone by going online to access the manual. She finally gave up and used t

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Aware or informed - knowledgeable accessible

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3 years ago

If the Fed increases the discount rate, which of the following accurately describes the sequence of events that will follow in t

AnnZ [28]

Answer: A. Reserves ↓: Excess reserves ↓; Loans ↓; Deposits ↓; Money supply ↓

Explanation:

The discount rate is the rate at which the Fed lends money to banks and other depository type institutions. Normally banks have a reserve requirement that the Fed requires of them which states how much they are to leave with the Fed as a reserve. Banks tend to fall short of this reserve sometimes and so can borrow from the Fed to balance it off.

If the Fed increase the rate at which these banks can borrow, they will not want to do so thus leaving their Reserves at the Fed lower than it should be. They will then use their excess reserves which is money kept in reserve more than the Fed requires, to balance off their reserve at the Fed.

As a result of this reduction in their Excess reserve, they will have less money to give out as loans. With less loans being made, people will not have as much money to deposit after taking the loans. Money supply will then fall as a whole.

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3 years ago

_____ is collected by outside organizations such as federal and state governments, trade associations, nonprofit organizations,

Zepler [3.9K]

Answer: External secondary data

Explanation:

External secondary data are data gathered and saved by someone or a body that is not part of one's organization. Sources of External secondary data includes published materials, computerised databases and syndicated services.

Note that how difficult or easier it will be getting a secondary data will depend on the methods used in storing and indexing it.

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3 years ago

The LIBOR scandal in 2012 involved a. banks reporting inflated earnings from their loans. b. hackers breaking into the loan docu

stepladder [879]

Answer:

C) banks falsely reporting the interest rates they offered in the interbank market.

Explanation:

The LIBOR rate is used all over the world to set banking interest rates. it reflects the cost of interbank loans. The LIBOR was used as a benchmark to charge interest rates to clients around the world, e.g. LIBOR + 2%.

The scandal involved many major banks, e.g. Deutsche Bank, Barclays, UBS, Rabobank, HSBC, Bank of America, Citigroup, JPMorgan Chase, the Bank of Tokyo Mitsubishi, Credit Suisse, Lloyds, WestLB, Royal Bank of Scotland, and a long list of etc.

What the banks did was artificially manipulate the LIBOR rate by increasing or decreasing it to show artificial profits from trading activities. When the manipulation was discovered, it had been going on for at least 7 years, and some believe it started earlier.

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3 years ago

Carla vista co. received proceeds of 5585020 on a 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of 530

Lapatulllka [165]

The carrying value of the bond is $489,560.

<h3>What is the carrying value of a bond?</h3>

A bond's carrying value is defined as its par value or face value plus any unamortized premiums or discounts, minus any unamortized discounts.

This is deducted because it is represented on the balance sheet, the carrying value is the difference between the par value and the premium or discount.

<u>Computation of Carrying value of Bond</u>:

According to the given information,

First, there is a need to calculate the premium amount, that amount is calculated as follows:

Premium Amount = Face value of Bond – Proceeds received

Premium Amount = $530,000 – $558,5020

Premium Amount = -$505,5020

Now, there is a need to finding the Annual amortization value, this can be found out by the following:

Annual amortization = Premium Amount/Time period

Annual amortization = -$505,5020/10

Annual amortization = -$505,502

Then, the carrying value of the bond will be:

Carrying value of bond = face value – unamortized discount

Carrying value of bond = $530,000- (-$505,502×8%)

Carrying value of bond = $489,560

Therefore, the carrying value of the bond is $489,560.

Learn more about the carrying value of bond, refer to:

brainly.com/question/14531473

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2 years ago