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kenny6666 [7]
2 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]2 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.

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An employer instituted a wellness program for all employees. The wellness program includes an exercise facility and several pay
Airida [17]

Answer:

Option "B" is the correct answer to the following statement.

Enlightened Self-interest School.

Explanation:

Enlightened self-interest is an ethical principle which states that individuals who act to promote the interests of everyone else, or the interests of the group or groups to something that they belong, inherently act in their interests.

  • Employee wellness programs are plans, about health insurance, a form of medical benefit that many workers provide – in one sort or the other.
  • Defining a wellness program is a system to help employees remain healthy, or helps them improve their quality of life in some cases.
8 0
3 years ago
Prist Co. had not provided a warranty on its products, but competitive pressures forced management to add this feature at the be
Naddika [18.5K]

Answer:

Event 1:

Debit Warranty expense for $8.416.

Credit Warranty liability $8,416.

Event 2:

Debit Warranty liability for $8,416.

Debit Warranty expenses for $11,484.

Credit Cash for $19,900.

Explanation:

Estimated warranty liability = $4,208,000 * 0.2% = $8,416.

Excess of actual and over extimated warranty liability = $19,900 - $8,416 = $11,484

The journal entries will look as follows:

<u>Details                                         Dr ($)                  Cr ($) </u>

Warranty expense                      8.416

Warranty liability                                                   8,416

<em><u>(To record the estimated warranty liability).                      </u></em>

Warranty liability                         8,416

Warranty expenses                   11,484

Cash                                                                   19,900

<em><u>(To record actual warranty cost).                                        </u></em>

8 0
3 years ago
Changes in governments or ruling political parties can affect businesses. The main concern of a multinational corporation is
nadya68 [22]

Answer:

D. which government is in power.

Explanation:

In a democratic system of ruling when one party come into power after getting majority votes the main concern of the corporation unit is to know which government is in power or which political party has a chance to gain majority votes.

Every government that takes oath for next five year or defined year has its own policy on economic or for business. This predefined rules and policy may be differ from exciting government or may be followed the path of previous government. therefore corporation unit are always in a mood to go with coordination with new government to have maximum advantage

4 0
3 years ago
Use your notes to explain how prices affect demand.
abruzzese [7]

Answer:

Amount of a product people purchase at various prices. ... There exists an inverse relationship between price and quantity demanded. As the price of a good or service goes up, the number sold (quantity demanded) goes down. As the price of a good or serve goes down, the number sold (quantity demanded) goes up.

7 0
2 years ago
Researching the demographics of a fan base for a particular sport would be most closely associated with which core standard of m
d1i1m1o1n [39]

Answer:Marketing Information Management

Explanation:The process of monitoring, organizing and analyzing the results of data collected from the marketplace with an aim of developing strategies for marketing activities is Marketing Information Management.

Demographics relates to statistical data of a given population. Such as the age, gender, race and so on.

As such, a research of demographics of a fan base is closely associated with marketing information management as the information gathered will be relevant for forecasting.

5 0
3 years ago
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