Ask question

Ask question

All categories

3 years ago

6

Determining whether to raise or lower the Federal Funds Rate is a responsibility of __________.

1 answer:

ratelena [41]3 years ago

8 0

Answer:

Option A

A. the central bank

Explanation:

The Federal Funds Rate refers to the maximum interest rate at which commercial banks can borrow money, and lend their surplus to other commercial banks. These interest charges are usually done on an overnight basis.

The central bank of a nation is responsible for the raising or lowering of the Federal Funds rate. The Central bank can lower the Federal Funds Rate to ensure that low-interest rates are given to businesses to enable them to expand and enrich the economy of the nation.

You might be interested in

Smith Corporation makes and sells a single product called a Pod. Each Pod requires 2.4 direct labor-hours at $10.60 per direct l

kramer

Answer:

$585,120

Explanation:

The computation of Budgeted direct labor costs is shown below:-

Direct labor cost per pod = Direct labor required per pod x Direct labor rate

= 2.4 × $10.60

= $25.44

Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods

= $25.44 × 23,000

= $585,120

Therefore for computing the budgeted direct labor costs we simply applied the above formula.

4 0

3 years ago

Ruben is a travel agent. He intends to sell his customers a special round-trip airline ticket package. He is able to purchase th

mars1129 [50]

Answer:

He would need to sell 130 ticket packages to break even

Explanation:

Breakeven quantity are the number of units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Variable cost is cost that varies with output. If output is zero, no variable cost would be incurred.

Fixed cost is cost that does not vary with output.

$\frac{5200}{200 - 160}$

$\frac{5200}{40}$ = 130

7 0

3 years ago

What is the difference between purpose and objectives in setting goals for future .

Zarrin [17]

Answer: Purpose is something that influences goal. And objective is the specific action which one try to achieve as a short term plan.

Explanation:

6 0

3 years ago

Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was qui

olasank [31]

Answer:

Assumptive close

Explanation:

Discount means cut off price

$\boxed{\sf Discount=Sold\:Price-Cost\!Price}$

Or simply

$\\ \sf\longmapsto Discount=S.P-C.P$

8 0

3 years ago

Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales.

Debora [2.8K]

I am pretty sure it’s D.

7 0

3 years ago