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
kenny6666 [7]
3 years ago
10

Which of the following is not a function of the Federal Reserve​ System? A. Taking deposits of small lenders to pool savings and

make loans. B. Acting as a lender of last resort to commercial banks. C. Providing​ payment-clearing systems. D. Regulating the money supply and supervising banks. E. Supplying the economy with currency.
Business
1 answer:
Sonbull [250]3 years ago
5 0

Answer:

The correct answer is option A.

Explanation:

The federal reserve system plays several functions that are crucial for the working of the economy. It regulates the supply of money in the economy. It issues currency and controls the flow of currency in the market.

The federal reserve system also acts as the banker for the government and bankers for commercial banks. It acts as the lender of last resort for commercial banks. It also provides payment clearing systems.

The federal reserve system though does not accept deposits or extend loans to small lenders. The function of accepting deposits and extending loans is played by commercial banks.

You might be interested in
Marcus and tony work for lombardo's pipe and concrete. mr. lombardo is preparing an estimate for a customer. he knows that maruc
Lana71 [14]
Given <span>that Marucs lays a slab of concrete in 6 hours and Tony lays the same slab in 4 hours. If both work on the job, the number of hours it will take them to lay the slab is given by:

\frac{1}{t} = \frac{1}{6} + \frac{1}{4}  \\  \\ = \frac{2+3}{12} = \frac{5}{12}  \\  \\ \Rightarrow t= \frac{12}{5} =2.4\ hours

Given that </span><span>the cost of labor is $44.00 per hour, t</span>herefore, <span>the labor estimate should be 2.4 </span>x 44 = $105.60 per slab.

7 0
3 years ago
Level strategy withing the business
Karo-lina-s [1.5K]

Answer:

examine how firms complete in a given industry

3 0
2 years ago
Northwest Fur Co. started 2021 with $103,000 of merchandise inventory on hand. During 2021, $560,000 in merchandise was purchase
Naya [18.7K]

Answer:

The cost of goods available for sale is $650,100

Explanation:

Credit terms of 3/15, n/45 means that 3% discount for the payment within 15 days and the full amount to be paid within 45 days.

The discounts Northwest Fur Co. took = $560,000 x 3% = $16,800

Northwest uses a perpetual inventory system and the gross method to record purchases.

Net Purchases = Purchases - Purchase Returns - Purchases Discounts + Freight-In = $560,000 - $4,900 - $16,800 + $8,800 = $547,100

The cost of goods available for sale = Beginning merchandise inventory + Net Purchases = $103,000 + $547,100 = $650,100

4 0
4 years ago
Assuming the staffers' personnel files have data on the Big Five, how could that data be used to inform the decisions about comb
DIA [1.3K]

Answer:

The big five characteristics include agreeableness, conscientiousness, extraversion, neuroticism and open to new experience.

Explanation:

The data captured within the big five characteristics can be used to inform the decisions about combining areas of expertise in job specifications.

The profile of someone who could take on a lot more will include all the characteristics in the big five except neuroticism.

Someone that is neurotic expresses anger easily and is prone to depression. This is a self conscious individual that is easily irritated.

7 0
4 years ago
If the government imposes a maximum price for milk that is above the equilibrium price:
Keith_Richards [23]
<span>Maximum prices in economics can be also known as Price Ceiling, where it is the legal maximum prices that producers can sell their good at. However, as this causes a market disequilibrium, ceteris paribus, there will exist a surplus of goods produced. This is due to the signalling and incentive effective on producers and consumers resulting in the increase of price (that has been set by the government). Consumers would consume less of the product as it is more pricey than before, hence they are less willing and able to buy the product at the new price. Producers on the other hand sees more revenue to be earnt through higher prices and hence would devote their resources into producing that product. Hence the mismatch of supply and demand results in a surplus of products and would likely result in the government buying all the surplus out of interest for producers.</span>
6 0
3 years ago
Other questions:
  • Look carefully at the following list. a. The coins in your pocket. b. The funds in your checking account. c. The funds in your s
    12·1 answer
  • Bob contributed a building with an adjusted basis to Bob of $50,000 and a fair market value of $150,000 subject to a mortgage of
    14·1 answer
  • Do you think the study of Financial Accounting can help you in running your business? Why?​
    6·1 answer
  • Quantitative Problem: You need $11,000 to purchase a used car. Your wealthy uncle is willing to lend you the money as an amortiz
    12·1 answer
  • Using the Cuusoo System, Lego develops ideas that are generated by the many children and adults who create a model, take photos,
    9·1 answer
  • Last year ABC Media had $425 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity. In mil
    5·1 answer
  • Sunland Construction enters into a contract with a customer to build a warehouse for $890000 on March 30, 2021 with a performanc
    8·1 answer
  • The final stage in the business-to-business buying process is to place the order. select the vendor. assess vendor performance.
    14·1 answer
  • The process of measuring marketing results and adjusting the marketing plan as needed is called marketing ________.
    5·1 answer
  • The ______ period rate of return is simply the rate of return over some arbitrary investment period.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!