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3 years ago

The Federal Reserve

Business

1 answer:

Verizon [17]3 years ago

4 0

Answer:

Option (a) is correct.

Explanation:

The federal reserve is the central bank of United States. It is responsible for all the changes occured in a nation's monetary policy and it regulates all the banks operates in a nation.

Federal reserve uses various monetary policy tools to control the money supply in an economy. Some of the tools are as follows:

(i) Cash reserve ratio (CRR)

(ii) Statutory liquidity ratio

(iii) Open market operations(OMO)

(iv) Repo rate

(v) Reverse repo rate

(vi) Bank rate

Functions of Fed:

(i) Regulation of financial institutions

(ii) Banker's bank

(iii) A lender of last resort

(iv) Implement monetary policy

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The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2022.

pishuonlain [190]

Answer:

Dependable Delivery Service

Classified balance sheet as at July 31, 2022

Non Current Assets

Equipment $59,360

Total Non Current Assets $59,360

Current Assets

Accounts Receivable $11,400

Prepaid Insurance $1,800

Cash $15,940

Total Current Assets $29,140

Total Assets $88,500

Equity and Liabilities

Equity

Common Stock $40,000

Retained Earnings $8,750

Total Equity $48,750

Liabilities

Non Current Liabilities

Notes Payable, due 2024 $31,450

Total Non Current Liabilities $31,450

Current Liabilities

Accounts Payable $7,400

Salaries and Wages Payable $900

Total Non-Current Liabilities $8,300

Total Liabilities $39,750

Total Equity and Liabilities $88,500

Explanation:

Its very important to calculate the Retained Earnings Balance at the end of July 2020.

To do this, we need to first calculate the Net Income for the period as follows :

Income Statement for the year ended July 31, 2022

Service Revenue 15,500

Less Expenses :

Maintenance and Repairs Expense 1,200

Utilities Expense 950

Insurance Expense 600

Salaries and Wages Expense 8,400 (11,150)

Net Income/(loss) 4,350

Then, calculate the Retained Earnings Balance as follows :

Retained Earnings Calculation

Beginning Balance 5,200

Add Net Income during the period 4,350

Less Dividends (800)

Ending Balance 8,750

6 0

3 years ago

Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti

Andreyy89

Answer:

The growth rate of the U.S economy in 2011 was 5.65%

Explanation:

This is a simple calculation

We use this formula to calculate percent changes from one period to another:

% change = $\frac{New Value - Old Vaue}{Old Value} * 100$

We have that the GDP for 2010 was $11,150 billion and the GDP in 2011 was $11,780 billions we then apply the formula:

% change = $\frac{11,780 - 11,150}{11,150} * 100$

% change = $\frac{630}{11,150} = 0.056 * 100 = 5.65%$

This means that the growth rate of the U.S economy in 2011 was 5.65%

7 0

3 years ago

What will happen to the trade balance and the real exchange rate of a small open economy when government purchases increase, as

kkurt [141]

Answer: When a government purchase increases during a war, be it a local war or a world war. it means that it's savings has reduced, therefore the trade balance will fall. And if the purchase is done to import more goods into the country, the trade balance becomes negative, leading to a deficit.

The exchange rate of the currency will reduce because the country the government is making more currency to be available and surplus, by increasing it's purchase. When they is excess currency in the world market, the currency reduces it value. In a world war, or local war, the exchange rate may not actually reduce because, it will be difficult for the country to have enough money to make its currency to be available in the world market.

7 0

3 years ago

2 Points

Serhud [2]

Answer:

The minimum wage

Explanation:

5 0

3 years ago

at the beginning of each workday in the medical office, the receptionist is generally responsible for:

sleet_krkn [62]

At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.

What is receptionist?

An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.

to learn more about receptionist
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7 0

2 years ago