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2 years ago

The central bank of the united states is often called the banks' bank. what is it

Business

2 answers:

WARRIOR [948]2 years ago

6 0

The central bank of the United States, also known as the bank's bank is "The Federal Reserve"

klasskru [66]2 years ago

3 0

Answer:

The central bank of the United States is often called the "Federal reserve bank".

Explanation:

In the United States, the three primary functions or goals which are played by the Central Bank are such as:

The Central Bank of the United States is responsible for providing financial services.
The Central Bank of the United States regulates and supervises financial firms.
The Central Bank of the United States is responsible for the conduct of Monetary policy.

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Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the ma

oksano4ka [1.4K]

Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the market to be higher than they would otherwise be. This results in consumers buying less

<h3>What are barriers to trade?</h3>

Barriers to trade refers as certain hurdles which restrict an individual or organisation to practice trade activity effectively. These barriers can be regulatory barriers, physical barriers and so on.

These trade barriers are launched to support small-scale business and introducing jobs in the industries to prevent unemployment.

These trade barriers results in high prices in the market due to reduce amount output supplied by foreign companies. This will result in less buying behaviour by consumer.

Learn more about barriers to trade, here:

brainly.com/question/19109348

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7 0

1 year ago

Chris made a $6925 purchase on his credit card that has an annual interest rate of 18% that compounds continuously. If he does n

stealth61 [152]

Answer:

$11,883.35

Explanation:

The formula for calculating continuous compounding is given below

F=p*e^it

In this question:

F=future value of the amount borrowed today=?

p=amount borrowed today/Purchases made by chris through credit card=$6,925

e=mathematical constant=2.7183

i=interest per annum=18% per annum

t=number of years=3 in this case

F=6,925*e^18%*3

F=$11,883.35

6 0

2 years ago

A retail store is doing a $50 gift card giveaway by selecting 1 customer from a pool of registered customers. The pool of regist

Pani-rosa [81]

Answer:

False

Explanation:

Given

$P(Female) = 52\%$

$P(Age>65) = 18\%$

Required

Determine $P(Female\ or\ Age>65)$

The events of being a female and over the age of 65 are non-mutually exclusive events.

We know this because the question says the pool is from all ages.

So, the required probability is calculated using:

$P(A\ or\ B) = P(A) + P(B) - P(A\ and\ B)$

In this case, it is:

$P(Female\ or\ Age>65) = P(Female) + P(Age>65) - P(Female\ and\ Age>65)$

This gives:

$P(Female\ or\ Age>65) = 52\% + 18\% - P(Female\ and\ Age>65)$

$P(Female\ or\ Age>65) = 70\% - P(Female\ and\ Age>65)$

Because the pool is from all ages,

$P(Female\ and\ Age>65) > 0\%$

So:

$P(Female\ and\ Age>65) < 70\%$

The solution to this question is <em>b. False</em>

6 0

2 years ago

Poor india makes millionaires at fastest pace india, with the world's largest population of poor people, also paradoxically c

DedPeter [7]

B.

b. Because some are getting more money, while others still get low income. Which means it is unequal.

Hope it helped!

8 0

2 years ago

Jerry's job includes many credit activities. He is responsible for collecting and processing loan payments, answering questions

jonny [76]

Answer:

C. Processing loan payments

Explanation:

(ECOA )is an abbreviation of Equal Credit Opportunity Act. The law prohibits any form of credit discrimination to any applicant, be it racial, color, age, or any other.

Jerry's job description matches that of an offer working in a credit department. His duties revolve around assisting customers with loan applications and processing. His role is covered under ECOA. Jerry must give each applicant an equal opportunity to access credit.

4 0

3 years ago