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nexus9112 [7]
3 years ago
13

The Bank of Key West is not going to have enough reserves at the end of the business day to meet its reserve requirement of 10%.

It currently has two options to borrow money overnight in order to meet the requirement. First, it could borrow money from the Federal Reserve at a rate of 1.15%. Second, it could borrows money from the other banks at a rate of 0.35%. Using this information answer the following questions.
1. What is the federal funds rate?
Number: _____%

2. What is the discount rate?
Number: _____%
Business
1 answer:
kipiarov [429]3 years ago
5 0

Answer:

1. 0.35%

2. 1.15%

Explanation:

The federal funds rate is the rate at which a bank can borrow funds from other depository institutions such as other banks and credit unions for overnight without collaterals. It is a very short term interest rate.  

Discount rate at which the federal reserve system provides funds to commercial banks at the discount window. The federal reserve can control the money supply by changing the discount rate.  

Here, in the given example, the federal reserve rate is 0.35%, as it is the rate at which the bank can borrow from other banks. While the discount rate is 1.15%, as this is the rate at which banks can borrow from the federal reserve.

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EB1.
olya-2409 [2.1K]

Answer:

34,000 units

Explanation:

Given that,

Budgeted sales = 32,000 units

Ending inventory required = 6,000 units

Beginning inventory  = 4,000 units

Hence,

Number of units = Budgeted sales + Ending inventory - Beginning inventory

Number of units = 32,000 units + 6,000 units - 4,000 units

Number of units = 34,000 units

Therefore, 34,000 units must be produced to also meet the 6,000 units required in ending inventory.

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3 years ago
Imagine that the economy is in long-run equilibrium. Then, perhaps because of improved international relations and increased con
borishaifa [10]

Answer:

b. aggregate demand shifts right

Explanation:

When the aggregate demand curve shifts right, the quantity of output demanded for a given price level rises. Therefore, a shift of the aggregate demand curve to the right represents an economic expansion.

3 0
3 years ago
Hugh tried to convince irene about how good a new business proposal was, but irene presented some good counter arguments and sta
vfiekz [6]
By questioning the proposal done by Hugh, Irene showed the characteristic of being able to scrutinize properly certain things. This attitude is helpful especially when we are in doubt of the certain subject. By doing so, we can help those who proposed it to further do improvements on the certain subject. 
3 0
3 years ago
Which promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate?
Darina [25.2K]

Sales promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate.

<h3>How does sales promotion work?</h3>
  • Sales promotion is one of the components of the promotional mix.
  • Sales promotion is a marketing strategy where a company would utilize brief-term campaigns to generate interest and demand for a product, service, or other offerings.
  • Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
  • Types of Sales Promotion - 4 Important Types: Consumer Sales Promotion, Dealer Promotion, Business Promotion, and Public Relations

To learn more about promotion, refer to the following link:

brainly.com/question/14772910

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3 0
1 year ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
bagirrra123 [75]

Answer:

$11,000 cost, five-year life, and $1,000 salvage value

Explanation:

given data

cost = $11,000

residual value = $1,000

estimated to be good = 5,000 hour

solution

as per the straight-line method

formula to compute the depreciation expense that is express as

depreciation expense = (Purchase value of generator - residual value) ÷ (estimated useful life)   .......................1

and

here by considering here these three item

and other information that is not relevant that ignore

depreciation expense = ($11,000 - $1,000) ÷  5 years = 2000

so $11,000 cost, five-year life, and $1,000 salvage value

3 0
3 years ago
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