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3 years ago

Which best describes a central bank's primary role?

Business

1 answer:

shutvik [7]3 years ago

4 0

Answer:

Control money supply and Limiting inflation

Explanation:

The primary function of the central bank is to control the cash supply in the economy. It is in charge of issuing cash for the administration. The goal of the central bank is to guarantee the internal and external strength of the money. Internal dependability implies keeping the buying influence of the cash flawless and avoiding its weakening. At the end of the day, it needs to keep up the rate of inflation within tolerable limits.

External stability suggests keeping a balance among export and import or aversion of the outside trade estimation of residential cash from deterioration. In developing nations, the central bank is additionally concerned about the advancement and improvement of the economy.

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4. Employee benefits (also now as fringe benefits or job benefits) are:

yanalaym [24]

Answer:

b. Added to gross wages to calculate Total job Benefits

Explanation:

Employee benefits are incentives offered by employers on top of their regular salaries. Examples of benefits include medical insurance, bonuses, allowances, vacations, educational benefits, among others. These benefits are also known as fringe benefits.

Employee benefits are subject to tax. When calculating an employee's total gross pay, benefits are added to the regular pay to get the total earnings by the employee.

6 0

3 years ago

Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no mo

Oduvanchick [21]

Answer:

30 year fixed, 10% down at a fixed rate of 5%

Explanation:

given data

buying a townhouse = $276,650

savings = $28,000

earns a month = $4,475

solution

when here 10% down fix rate than cover for the down payment is

cover for the down payment = 10% of $276,650

cover for the down payment = $27,665

and here monthly income is $4,475

so mortgage will be = 30% of $4475

mortgage = $1,342.50

so by balance of mortgage is = $276,650 - $27,665

balance of mortgage = $248,985

so Total monthly repayment is

Total monthly repayment = $248,985 × $\frac{0.05}{12}$ + $\frac{248,985}{(30\times 12)}$

Total monthly repayment = $1037.45 + $691.63

Total monthly repayment = $1729.08

so 30 year fixed, 10% down at a fixed rate of 5%

5 0

3 years ago

Read 2 more answers

Who was given the nickname 'Master of Hotel Finance ? Conrad Hilton

MAVERICK [17]

Answer:

JW Marriott JR

am not sure hope this will help

7 0

3 years ago

Read 2 more answers

Egan is very skilled at budgeting his money, he is very patient, he understands how to track his own financial records, and he k

Alika [10]

The Financial career in which Egan would be most successful is:

<span>A) </span>Business Finance Management

Explanation: The Business Finance Management requires a lot of skill in planning and budgeting money. This career requires patience knowledge and understanding in tracking financial transactions. And all of these skills and knowledge are possessed by Egan that is why he can be most successful in Business Finance Management career.

6 0

3 years ago

Read 2 more answers

Victryl Company applies overhead based on direct labor hours. At the beginning of the year, Victryl estimates overhead to be $70

fenix001 [56]

Answer:

The answer is: The overhead variance was $1,700 and it was overapplied

Explanation:

Victryl's estimated overhead cost per labor hour was:

$700,000 / 35,000 = $20 per labor hour

If during February, Victryl had 5,000 direct labor hours, then its estimated cost should have been: $20 x 5,000 = $100,000 estimated overhead cost

The actual overhead cost was $98,300, which is $1,700 less than the estimated cost.

8 0

3 years ago