Answer:
C. Checkable deposits fall by $1.5 million, and the banking system's holdings of securities fall by $1.5 million.
Explanation:
Checkable deposits are a category of Custer deposit that allows a customer withdraw the amount in their accounts on demand.
Of the federal reserve sells $1.5 million worth of bonds and gets paid through a checking account, then the balance in the checking account will go down by $1.5 million.
Since the Federal reserve (central bank of the United States) is part of the banking system and they are giving out bonds, the banking system's holdings of securities fall by $1.5 million.
Answer:
Explanation:
Total quality management programs are the continual process of detecting and eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training. This constant change and improvement allow companies like GC Micro to continuously grow their business and in term their profits. Therefore, for a large company such as this one, $70 million is nothing compared to the amount of money they will profit by improving their business.
Curtis Williams is 69 years old. His wife, Mary Williams, is 67 years old. Curtis and Mary plan to file a joint return. Mary is legally blind. IRS provides high standard deduction to married couples who have age of 65 or above and blind or one of the partner is legally blind.
IRS states that if filling for joint return is done by married taxpayers in the year 2022 then normal standard deduction is $25,900. In this case Curtis and Mary both are over the age of 65 and Mary is blind too then as per IRS guidelines they will get $1,400 deduction per person for being above 65 plus Mary will get additional $1,400 deduction for being legally blind.
$25,900 + $1,400 + $1,400 + $1,400 = $30,100
Hence, Curtis and Mary's standard deduction is $30,100.
Read more about standard deduction on brainly:-
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Answer:
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