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
lianna [129]
3 years ago
10

Suppose that, for every 1-percentage-point decline of the discount rate, commercial banks collectively borrow an additional $2 b

illion from Federal Reserve Banks. Also assume that the reserve ratio is 20 percent. If the Fed increases the discount rate from 4.0 percent to 4.25 percent, bank reserves will:
Business
1 answer:
almond37 [142]3 years ago
4 0

Explanation:

Decline by $0.5 billion and the money supply will decline by $2.5 billion.

You might be interested in
Equipment was acquired on January 1, 2021, for $33,000 with an estimated four-year life and $2,000 residual value. The company u
Lostsunrise [7]

Answer:

Gain= $850

Explanation:

Giving the following information:

Purchase price= $33,000

Useful life= 4 years

Residual value= $2,000

Sale= $10,600.

<u>First, we need to calculate the annual depreciation:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (33,000 - 2,000)/4= $7,750

<u>Now, we can calculate the accumulated depreciation:</u>

Accumulated depreciation= 7,750*3= $23,250

<u>To calculate the gain or loss, we need to use the following formula:</u>

Gain/loss= selling price - book value

Book value= purchase price - accumulated depreciation

Book value= 33,000 - 23,250= $9,750

Gain/loss= 10,600 - 9,750

Gain= $850

4 0
3 years ago
What is the best way for a plaintiff to establish legal liability for a CPA: Question 47 options: Prove the CPA made an untrue s
kramer

Answer:

If a CPA does an audit irresponsibly, the CPA will be held liable to third parties who were recognized and not foreseeable to the CPA for gross negligence.

It needs to be specified if the third party had been “anticipatable,” liability; it may be recognized for ordinary negligence within a Rosenblum v. Adler decision.

Explanation:

3 0
2 years ago
Fifteen married couples are at a dance lesson, but now only five men and five women are selected at random, then randomly paired
Tresset [83]

Answer:

( ¹⁵C₂ )² × 5! = 1082161080

Explanation:

Data provided in the question:

Number of married couples = 15

Therefore,

Number of males = 15

Number of females = 15

Now,

The number of possible dancing arrangements

= Probability of selecting males × Probability of selecting males × ways of arranging 5 pairs

= ¹⁵C₂ × ¹⁵C₂ × 5!

= ( ¹⁵C₂ )² × 5!

= [\frac{15!}{5!\times(15-5)!}]^2 × ( 5 × 4 × 3 × 2 × 1 )

= [\frac{15\times14\times13\times12\times11\times10!}{5\times4\times3\times2\times1\times10!}]^2 × ( 5 × 4 × 3 × 2 × 1 )

= [\frac{360360}{120}]^2 × 120

= 1082161080

6 0
4 years ago
What would NOT cause Duff beer’s production possibilities curve to expand in the short run?
VARVARA [1.3K]

The answer is C. Increased demand

6 0
3 years ago
Nicole has a contract to buy 14 cases of hammers from Tyler. Tyler breaches the contract. Even though she can get similar hammer
mario62 [17]

Answer:

B) No, because she can get similar hammers elsewhere.

Explanation:

When someone sues for specific performance he/she is asking the court to order the defendant to complete performance the contract. They are not suing to recover any damages that may have resulted from the breaching of the contract.

In this case, Nicole would have probably been able to sue Tyler for some type of compensatory damages, but since the hammers are such a common good, it would be very difficult for her to obtain an specific performance order.

4 0
3 years ago
Other questions:
  • Skinner Company began business on June 30, 2018. At that time, it issued 18,000 shares of $50 par value, 6% cumulative preferred
    8·1 answer
  • Jon owns a house on an acre of land and can decide how to use these resources. This privilege is called a(n) _____.
    7·2 answers
  • As consumers, we have to make decisions because ?
    5·1 answer
  • Sharon is a manager at Softest Tissue Corporation. She is faced with an interesting problem. One of her employees has been cheat
    13·1 answer
  • Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, respectively. Helen agrees to buy "Garth’s ATV" for $750. Gar
    15·1 answer
  • g Other things the same, if the exchange rate changes from 6 Chinese yuan per dollar to 7 Chinese yuan per dollar, then the doll
    9·1 answer
  • Sound Financials Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices. I
    6·1 answer
  • When an airline industry, the military, and many other areas use scheduling programs to get the right people assigned to the rig
    5·1 answer
  • You are provided with the following information for Najera Inc. for the month ended June 30, 2017. Najera uses the periodic meth
    7·1 answer
  • An is manager has identified several of what the diffusion of innovation theory would term laggards in his department. It is lik
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!