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pantera1 [17]
3 years ago
6

Which of the following is a primary responsibility of the Federal Reserve Bank? APrint money BCollect taxes CWrite monetary laws

DEstablish monetary policy
Business
2 answers:
Elis [28]3 years ago
7 0

Answer:

Letter d. Establish monetary policy

Explanation:

The primary function of the Federal Reserve Bank (FED) is to set monetary policy. In other words, it is the function of the FED to determine the money supply in the economy in order to control inflation and keep the economy stable. To do so, it controls the amount of money in the economy from the use of monetary policy instruments.

just olya [345]3 years ago
3 0

The Federal Reserve has many responsibilities but the main one is to establish monetary policy. The Federal Reserve helps control all of the U.S. banks and what is allowed and what is not allowed to happen based on their rules regarding funds. The Federal Reserve is the central banking system in the United States and it was created in 1913. This system was put in place to have one central location of policies and funds within the United States.

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Suppose Scott has a budget of $56 that he spends on movies (Q1) and roller skating (Q2). The price of movie tickets recently inc
8090 [49]

Answer:

1.6 Q1 + 0.875 Q2 = $56

Explanation:

Budget constraint equation represents the total budget allocation to different activities under consideration.

old Budget Constraint

Q1 + Q2 = $56

New Budget Constraint

(Q1)*8/5 + (Q2)*7/8 = $56

(Q1)*1.6 + (Q2)*7/8 = $56

(Q1)*1.6 + (Q2)*0.875 = $56

1.6 Q1 + 0.875 Q2 = $56

So best answer made based on data available.

5 0
3 years ago
Problem 20-40 (LO. 3, 8) Citron, a calendar year taxpayer, began business in January 2017. It had a long-term capital gain of $5
Fittoniya [83]

Answer:

Explanation:

A. Provision of long term capital gain as An Individual.

Long-term capital gain of $5,000 in 2017 is taxable in 2017 as a longterm capital gain @15%

And long term capital loss of $10,000 in 2018 is either sett off to the capital gain or capital loss upto $3,000 can be settoff from normal income above this limit can be carry forword for next year.

Three maximum federal income tax rates apply to most types of net long-term

capital gains income in tax year 2018:

1. 0 percent for taxpayers in the 10 percent or 15 percent bracket for ordinary income (under $73,800 for married    joint filers)

2. 15 percent for taxpayers above the 15 percent bracket but below the 39.6 percent bracket (from $73,800 to $457,600 for married joint filers)

3. 20 percent for taxpayers in the top 39.6 percent bracket ($457,600 or higher for married joint filers)

B. Provision of long term capital gain as An C corporation.

C corporation deduct capital loss upto theire capital gain.

If in any tax year apital loss exceed capital gain than it can not be deduct from other income of same year.

Therefore loss of $10,000 can be carry forward for next year.

C. Provision of long term capital gain as An S corportation.

S corporations are pass-through entities, which means that the company itself does not pay taxes on the sale of its assets. Rather, the income from the sale of its assets passes through to the shareholder, who is responsible for paying taxes.

8 0
3 years ago
Which of the following types of cover letters would assist an applicant in landing a job interview?
defon

Answer:

Explanation:

The answer is D, All of above.  

A prospecting cover letter goes together with your resume when applying to a company that may not have recent openings. These letters emphasis on how your skills and experiences match the work environment rather than concentrating on a specific position.

An application cover letter is   a document sent with your resume to make available additional material about your skills and experience. It is intended to provide complete information on why you are a competent candidate for the job.  

A networking cover letter is is sent throughout your job pursuit to get help from a contact in your industry or career field and to introduce yourself to a possible employer.

4 0
2 years ago
The following cost behavior patterns describe anticipated manufacturing costs for 2013: raw material, $7.60/unit; direct labor,
Advocard [28]

Answer: The answer is as follows:

Explanation:

Given that,

Raw material = $7.60/unit

Direct labor = $10.60/unit

Manufacturing overhead = $8.60/unit

(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead

= 7.6 + 10.6 + 8.6

= 26.8

(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead

= 7.6 + 10.6 + 8.6 + 8.6

= 35.4

5 0
3 years ago
Gaw Company owns 15% of the common stock of Trace Corporation and used the fair-value method to account for this investment. Tra
Marizza181 [45]

Answer:

It is $9,000 (B)

Explanation:

Total paid dividends paid = $60,000

Return on Investment = $60,000 *15%

                                    =$9,000.

Gaw Company investment in Trace Corporation will be treated as Investment Assets. In its book ,it can only recognize its share of dividend paid as return on investment.

Gaw Company cannot recognize its share of entire net income of Trace because it doesn't have controlling interest (i.e subsidiary) in the company neither does it have significant influence (i.e associate).

3 0
3 years ago
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