Answer:
True.
Explanation:
The federal fund rates, commonly referred to as fed funds rates can be defined as the interest rate at which banks in the U.S lend money to other depository financial institutions, such as credit union or banks, mainly without any collateral and on an overnight basis.
Raising the interest rate on reserves above the current fed funds rate means that the floor of reserve demand will push the equilibrium fed funds rate up along with the interest rate on reserves. Both borrowed reserves and non-borrowed reserves will remain the same.
However, when the Fed reduces the interest rate on reserves below the current fed funds rate, it simply means that, there would be a leftward shift in the demand for reserve line, at any given interest rate. Thus, causing the fed funds rate to decrease, while borrowed reserves and non-borrowed reserves remain unchanged.
Answer: import; export
Explanation:
Canadian logging companies sell timber in the United States. To the U.S., the timber is an import, and for Canadians, the timber is an export.
An import is a good that is brought into a country and sold from another country while an export is a good that a country sells to other country. Timber is a export to the United States since it's brought from Canada.
Answer:
The answer is D
Explanation:
Depreciation is best described as An estimate of how much of a tangible asset has been used during an accounting period: considered an expense that does not require any cash outflow under the accrual basis accounting.
Depreciation reduces the value of an asset and it reduces it over the life span of an asset. Depreciation is a non cash reduction. Depreciation tells us how much the value of an asset has reduced.
The formula is (cost of the asset - any residual value) ÷ the number of useful life span
I believe the answer is Monopolist.
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