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BARSIC [14]
3 years ago
15

Legislation defining the mission of the Federal Reserve​ states: "The Board of Governors of the Federal Reserve System and the F

ederal Open Market Committee shall maintain​ long-run growth of the monetary and credit aggregates commensurate with the​ economy's long-run potential to increase​ production, so as to promote effectively the goals of maximum​ employment, stable​ prices, and moderate​ long-term interest​ rates." This is an example of​ a:
A.
dual mandate.
B.
multiple mandate.
C.
single mandate.
D.
hierarchical mandate.
Business
1 answer:
jeka57 [31]3 years ago
5 0

Answer:

dual mandate.

Explanation:

dual mandate -

It is the practice in which the elected officials serves in more than one elected or public position .

In Britain , this term is also referred to as double jobbing .

In some cases , the dual mandate is prohibited by the law , as in the case of the federal states , because the federal office holders are not allowed to hold state office .

Hence  from the question information , the correct option is dual mandate .

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2 years ago
Assume that in January 2017, the average house price in a particular area was $279,400. In January 2002, the average price was $
tatyana61 [14]

Answer:

2.38%

Explanation:

In January 2017 the average house price in an area was $279,400

In January 2002 the average house price was $196,300

Therefore the annual increase in selling price can be calculated as follows

t = 15

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= 1.42333^0.06666 -1

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4 0
3 years ago
Josh ritchey has just been hired as a cost engineer by a large airlines company.​ josh's first idea is to quit giving compliment
sertanlavr [38]

Answer: Josh's bonus is $35,289.53.

In the question above, we need to look at the net savings that will occur from selling drinks instead of giving them as complimentary drinks. So we have,

Net Savings per year = $11.04 million

The company's MARR = 15%

Josh's bonus is 0.14% of the present value of three years' net savings.

Since the quantum of savings is constant each year, we can calculate the present value of these savings by using the Present Value of annuity formula.

PVA = P * \left [\frac{1-(1+r)^{-n}}{r} \right ]

PVA = 11.04 * 2.283225117

PVA = Present value of three years' net savings = 25.20680529 million

Josh's bonus : 0.14% of present value of three years' net savings.

Josh's Bonus =  25.20680529 * 0.0014

Josh's Bonus = $0.035289527 million or $35,289.53.

7 0
3 years ago
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