The fed’s efforts to manage interest rates and thus the availability of credit is known as monetary policy.
To control the total quantity of money in circulation, promote economic growth, and put into action policies like raising interest rates and changing bank reserve requirements, a nation's central bank employs a collection of tools known as monetary policy. The three main tools of monetary policy are the discount rate, reserve requirements, and open market activities.
The Fed influences the cost and accessibility of credit and money to maintain a strong economy as the nation's monetary policy regulator. The three objectives of monetary policy are to curb inflation, moderate employment levels, and maintain long-term interest rates.
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Answer:
$0 because an agreement to accept different performance in lieu of full payment of liquidated debt is binding.
Explanation:
Since there is an agreement between Amy, a baker, and her brother, she owes him $0.
At first, Amy gets a loan of $3,000 from her brother to pay for her dream home. She agrees to pay him back in one year, and that agreement was binding. During the time to pay back the loan, Amy offers to bake her brother's wedding cake instead of paying back the loan and her brother accepts. This has presented a new agreement that overrules the previous agreement. Now instead of paying back the $3,000, she would bake a wedding cake for him. This implies that the wedding cake is equal to $3,000.
Therefore, she owes him $0.
Medicare coverage outside the United States is limited.
mostly, Medicare won’t pay for health care or supplies you get outside the U.S.
The term “outside the U.S.” means anywhere other than the 50 states of the
U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa,
and the Northern Mariana Islands, Virgin Islands.
Answer:
PV= $9,626.49
Explanation:
Giving the following information:
Cash flow= $1,500
Interest rate= 9%
Number of years= 10
First, we will determine the future value, using the following formulas:
FV= {A*[(1+i)^n-1]}/i
A= cash flow
FV= {1,500*[(1.09^10) - 1]} / 0.09
FV= $22,789.395
Now, the present value:
PV=FV/(1+i)^n
PV= 22,789.395/(1.09^10)
PV= $9,626.49
Answer:
Product cost= $75
Explanation:
Giving the following information:
Variable costs per unit:
Direct materials $17
Direct labor $47
Variable manufacturing overhead $11
Under the variable costing method, the unitary product cost is calculated using the direct material, direct labor, and unitary variable overhead:
Product cost= 17 + 47 + 11= $75
