All categories

3 years ago

The most recently-introduced tool of monetary policy is the:

Business

1 answer:

Marina86 [1]3 years ago

5 0

The most recently-introduced tool of monetary policy is the interest on reserves.

To add, interest on reserves (IOR) is the rate at which the Federal Reserve Banks pay interest on reserve balances, which are balances held by DIs at their local Reserve Banks.

You might be interested in

For which of the following types of economies would the factors of production depend on the relative distribution of market forc

hram777 [196]

Answer:

Mixed economy

Explanation:

Note that the command forces here represents socialism implying Governmental control of land resources, labor, capital and control of some industries.

The factors of production (land, labour, capital) in a mixed economy would indeed depend on the relative distribution of market forces versus command forces.

3 0

4 years ago

At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is

bija089 [108]

Answer:

Job Direct Materials Direct Labor overhead Total Job cost

Job 765 $6,160 $1,848 $3,366 $11,374

Job 766 $10,944 $3,456 $9,792 $24,192

For Job 765 = $86.167

For Job 765 = $126

Explanation:

Data provided in the question:

Job Direct Materials Direct Labor Machine Hours

Job 765 $6,160 $1,848 22

Job 766 $10,944 $3,456 64

Overhead rate = $153 per hour

Job 765 consisted = 132 units

766 consisted = 192 units

now,

Overhead = Machine Hours × Overhead rate

For Job 765 = 22 × 153

= $3366

For Job 766 = 64 × 153

= $9792

Total job cost i.e balance on the job cost sheets

= Direct Materials + Direct Labor + overhead

Job Direct Materials Direct Labor overhead Total Job cost

Job 765 $6,160 $1,848 $3,366 $11,374

Job 766 $10,944 $3,456 $9,792 $24,192

Cost per unit = [ Total job cost ] ÷ Total units

For Job 765 = $11,374 ÷ 132

= $86.167

For Job 765 = $24,192 ÷ 192

= $126

8 0

3 years ago

EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed

Lubov Fominskaja [6]

Answer:

a. Calculation of level of sales

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. Calculation of Target fixed Assets/Sales ratio

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. Calculation of Increase in Fixed assets

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

8 0

3 years ago

You are watching a commercial on television for the newest sandwich at your favorite fast food chain. What type of promotion are

Paladinen [302]

C- advertising.......

6 0

3 years ago

Read 2 more answers

In a manufacturing business, the ________ transforms finished goods into cash.

Rzqust [24]

Raw materials transform finished goods into cash.

5 0

3 years ago