Answer:
True.
Explanation:
The federal fund rates, commonly referred to as fed funds rates can be defined as the interest rate at which banks in the U.S lend money to other depository financial institutions, such as credit union or banks, mainly without any collateral and on an overnight basis.
Raising the interest rate on reserves above the current fed funds rate means that the floor of reserve demand will push the equilibrium fed funds rate up along with the interest rate on reserves. Both borrowed reserves and non-borrowed reserves will remain the same.
However, when the Fed reduces the interest rate on reserves below the current fed funds rate, it simply means that, there would be a leftward shift in the demand for reserve line, at any given interest rate. Thus, causing the fed funds rate to decrease, while borrowed reserves and non-borrowed reserves remain unchanged.
Answer:
$2,700
Explanation:
Calculation for What amount of the rent and utilities expense may Carol deduct in the current year in computing her net income or loss form the dressmaking business
Rent and utilities expense deduction=$4,000-$1,300
Rent and utilities expense deduction=$2,700
Therefore the amount of the rent and utilities expense may Carol deduct in the current year in computing her net income or loss form the dressmaking business will be $2,700
Answer:
Cierra should buy the chips
Explanation:
Buying the chips will eliminate $50,000 overhead cost she will incur if she makes it
B:concern of domestic usage
A liability is something a person or company owes, usually a sum of money. ... In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date
