1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crazy boy [7]
4 years ago
15

Which of the following are functions of the Federal Reserve? Check all that apply. Maintaining federal government checking accou

nts and gold Maintaining and circulating currency Ensuring all banks make a profit Making a profit for the federal government Being the lender of last resort for banks
Business
1 answer:
Romashka [77]4 years ago
5 0

Answer:

1. Maintaining federal government checking accounts and gold.

2. Maintaining and circulating currency.

3. Being the lender of last resort for banks

Explanation:

The Federal Reserve System (the 'Fed) was created by the Federal Reserve Act, passed by Congress in 1913. The Fed began operations in 1914. It was founded by President Woodrow Wilson under the Federal Reserve Act, which was aimed at backing each banks in order to put a definitive end to the bank panics of the 1800s.

The following are functions of the Federal Reserve;

1. Maintaining federal government checking accounts and gold.

2. Maintaining and circulating currency.

3. Being the lender of last resort for banks.

<em>Additionally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America and seven (7) board of governors. </em>

You might be interested in
Assuming the expectations theory is the correct theory of the term structure, calculate the interest rates in the term structure
Trava [24]

Answer:

The plot of the yields is attached.

Explanation:

i) 6%, 7%, 8%, 7%, 6%

Interest rate on 1 year maturity = 6%/1 = 6%

Interest rate on2 year maturity = (6%+7%)/2 = 6.5%

Interest rate on 3 year maturity = (6%+7%+8%)/3 = 7%

Interest rate on 4 year maturity = (6% + 7% + 8% + 7%)/4 = 7%

Interest rate on 5 year maturity = (6% + 7% + 8% + 7% + 6%)/7 = 6.8%

ii)6%, 5%, 4%, 5%, 6%

Interest rate on 1 year maturity = 6%/1 = 6%

Interest rate on 2 year maturity = (6% + 5%)/2 = 5.5%

Interest rate on 3 year maturity = (6% + 5% + 4%)/3 = 5%

Interest rate on 4 year maturity = (6% + 5% + 4% + 5%)/4 = 5%

Interest rate on 5 year maturity =   (6% + 5% + 4% + 5% + 6%)/5 = 5.2%

3 0
3 years ago
What is required of licensees who are selling or buying a property for themselves?
Vinil7 [7]
The requirements of licensees in selling or buying the house is that there should be a deed of sale, house taxes, identification, owner's agreement and authorization letter. These are needed in selling or buying the house as this are requirements in order to buy or sell a house.
7 0
3 years ago
A pizza company that was entering the Denver market for the first time ran a promotion offering two pizzas for the price of one
lutik1710 [3]

Answer:

Penetration Strategy

Explanation:

If a pizza company that is entering the Denver market for the first time runs a promotion offering two pizzas for the price of one, this is an example of Penetration Strategy

Penetration pricing is a pricing strategy where at the beginning (during product launch), product prices are intentionally set low in the bid to attract customers and gain a share of the market. On the long run certain of the existing customers will be loyal to the introduced brand.

5 0
3 years ago
Which two meta solutions enable businesses to communicate privately and instantly with customers?
Flauer [41]

The two meta solutions that enable people to communicate easily are

  • Face.book
  • What.sapp

<h3>What is meta?</h3>

This is the term that is used to refer to the social media networks that are known by Mark Zuckerberg.

These are the solutions that are known to solve the issues of communication between friends and families over great distances.

These solutions help to make relationships better. They do this by helping to keep communications open and alive.

Read more on social media here: brainly.com/question/13909780

#SPJ1

3 0
2 years ago
AARP is a powerful political interest group that also maintains a lucrative business providing health and life insurance to its
worty [1.4K]

Answer:

In simple word, The given case relates to the practice of saving the lobbying interest by the political groups using monetary transaction and rules. It is beneficial for such a lobby group to set up a non-profit company.

Community groups can gain financial security by establishing non-profit organisations inside the organization. AARP uses the money from its insurance company to fund its legislative activities.

7 0
3 years ago
Other questions:
  • The stocks in Wayne’s investment portfolio lost value in the recession, but he also had CDs and a savings account. The effect of
    10·1 answer
  • The 2008 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.25 million, and the 2009 balance sheet showed l
    15·1 answer
  • In the process of getting acquainted, John and his new co-worker Bill have discovered they have different tastes in music and bo
    12·1 answer
  • Virgin Group successfully transfers its marketing core competence across airlines, cosmetics, music, drinks, mobile phones, heal
    10·1 answer
  • What is insurance?<br> HELPPPP
    12·2 answers
  • This video describes the brewing industry. Large brewers and craft brewers are both a part of the industry because: a.all beers
    11·1 answer
  • FedEx hired an ad agency to create advertising that would communicate the benefits of using its service. The agency wanted to co
    15·1 answer
  • 2. What are mortgage brokers?
    13·1 answer
  • Prompt What is an economy?<br><br><br><br>​
    14·1 answer
  • Grace and bill bought a vacation home for $182,000. a serious medical crisis forced them to sell at $110,000. what was their per
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!