Answer:
1. The Federal Reserve was established by the U.S. Constitution in the late 1700s
Classification: False
2. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.
Classification: True
3. All Federal Reserve actions are subject to veto by the executive branch.
Classification: False
4. The Federal Reserve determines monetary policy in the United States.
Classification: True
5. The Federal Reserve was created by the Federal Reserve Act of 1913.
Classification: True
Answer:
16.22%
Explanation:
To calculate the annual coupon rate, you can use the following formula:
Coupon Rate= (Annual coupon payment/Par value of the bond)* 100%
Annual coupon payment= $1158.91*14%= 162.2
Par value of the bond= $1000
Coupon Rate= (162.2/1000)*100%
Coupon Rate=0.1622*100%
Coupon Rate= 16.22%
The annual coupon rate on this bond is 16.22%
Answer:
67,840 units
Explanation:
The computation of the equivalent units for material by using the FIFO method is shown below:
<u>Particulars Unit Percentage completion Equivalent units</u>
Opening
inventory 4,000 units 50% 2,000 units
Completed
& transferred
(67,000
- 5,800) 61,200 units 100% 61,200 units
Closing
inventory 5,800 units 80% 4,640 units
Total 67,840 units
Answer:
Rebel
Explanation:
Burton Clark and Martin Trow, the two sociologists described about the four types of college subcultures.
1) Collegiate
2) Academic
3) Vocational
4) Rebel
Britt has all the characteristics of Rebel subculture, that is being deeply involved with ideas from the classroom and wider society of art, literature, and politics. They are aggressive nonconformism, and find critical detachment from the college they attend and from its faculty like Britt consider her professors ideas as outdated.