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bonufazy [111]
2 years ago
10

1.) If it looks like a bank won't meet the Federal Reserve Bank's reserve requirement, normally it will first turn to the: (a) o

ther member banks and borrow money at the federal funds rate. (b) Federal Reserve and borrow money at the discount rate. (c) open market and borrow money there. (d) Congress to borrow funds.
Business
1 answer:
Arada [10]2 years ago
4 0

Answer: A. other member banks and borrow money at the federal funds rate

Explanation: The first thing a Bank will do when it won't be able to meet the federal reserve Bank's requirement, is to borrow money at the federal funds rate from other Banks.

Federal Reserve Bank's reserve requirement or cash reserve ratio, it the minimum amount of reserve a commercial bank is expected to hold. It is practice by most Central Banks in the world but not all. A Bank that has excess of the minimum is said to have surplus reserve.

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The​ after-tax cost of debt is higher than the​ before-tax cost of debt. True or False
olasank [31]

Answer:

False

Explanation:

The after cost of debt is always lower than the before tax cost of debt. For example, a company borrows $1,000,000 and pays 7% interest per year. This results in $70,000 in interest expense before taxes = $1,000,000 x 7% = $70,000.

The after tax cost of the debt = $1,000,000 x 7% x (1 - tax rate) = $1,000,000 x 7% x (1 - 21%) = $1,000,000 x 7% x 0.79 = $55,300

5 0
3 years ago
How does the spending multiplier compare between a $1,000 increase in government spending and a $1,000 decrease in taxes collect
mr Goodwill [35]

Answer: Option B

Explanation: In simple words, spending multiplier refers to the effect that the spending from the govt have on an economy. As per this effect, if the govt. spends a little on the economy the multiplier effect will come into force and make a major impact on the organisation.

Government spending refers to the total outflow of resources made by the govt. for the betterment of economy. However the decrease in tax will not directly be considered an outflow but it surely does increase their revenue leading to more demand in the economy.

Hence from the above we can conclude that the correct option is B .

8 0
3 years ago
Which one of the following statements is true?
Alecsey [184]

Answer:

b. A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications.

Explanation:

A manufacturing unit will generally follow, three step completion of goods while manufacturing, as in primary state the company requires raw material for processing it and making it finished good.

After that the goods are processed and as all goods require some further time to process, some goods remain in between some stage called, work in process, where some processing is done, and some is left.

The last stage is to become a finished good, once the goods are completed, it is called finished goods and then goods are aimed to be sold.

Therefore, correct statement is statement B.

6 0
3 years ago
After achieving a result, good managers invest time in reflecting on what went well and what could have gone better. They consid
BartSMP [9]

Answer: d. After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation date

Explanation:

Efficiency is measurable and has to do with the ability to achieve a goal or get a result that's desired and avoid wastage of efforts or resources.

With regards to the explanation above, the statement that relate specifically to your efficiency is asking the level adviser to review ones progress in order to show that one is on track.

This shows that the person wants to achieve the goal of graduation and is putting all of his efforts towards that.

3 0
2 years ago
If women only have two children, what will our population do by 2150? grow to 8.7 billion grow to 10.8 billion decrease to 4 bil
Gnesinka [82]
The correct answer is : <span>grow to 10.8 billion</span>
7 0
3 years ago
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