Answer:
The Federal Reserve System's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services. The Federal Open Market Committee is the Fed's monetary policy-making body and manages the country's money supply.
Explanation:
Answer:
Novak Company Journal. $
June 1
1. Purchases Dr. 26,026
Vendor. Cr. 26,026
Narration purchase of stock
2.Vendor Dr 1078
Return outward Cr. 1078
Narration. Return on goods purchased.
3. Customer Dr 31753
Sales. Cr. 31753
Narration. Good sold to customer
Answer:
E) Both the accounts receivable and the accounts payable periods
Explanation:
The account receivable and the accounts payable affect the length of the cash cycle. This is because, the longer the cash cycle, the more likely a firm will need external financing.
Answer:
C) causing a shortage of funds for investment in physical capital.
Explanation:
In economics, savings equals investment. Higher investments result in higher productivity, that is why the savings rate of a country is the single most important factor in determining future economic growth.
Low savings rate means that current consumption is very large, and that benefits economic growth on the short run (very short run, like 1 or 2 years), but future economic growth will suffer from it.
Imagine your house as the total economy of a nation. You earn $1,000 per month and must decide how much to spend right now and how much to save for future spending. If you spend the $1,000 right now, you will purchase several things and enjoy them immediately. But what happens in one or two weeks. Since you do not have any more money left, you cannot purchase anything else, which reduces your future joy.
Investment increases future wealth and fosters economic prosperity.
Answer:
Correct option is (D)
Explanation:
Total cost is a sum of Total fixed cost and total variable cost. Fixed cost does not change with the change in number of units produced. Variable cost on the other hand increases with the increase in production.
So, initially fixed cost is higher than variable cost at a certain production level. As production increases, fixed cost is spread across units and per unit fixed cost falls but variable cost keeps increasing, so total cost keep increasing with increase in production because of variable cost component.
