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salantis [7]
3 years ago
9

Which of the following were provisions of the Monetary Control Act of 1980? Check all that apply.

Business
1 answer:
egoroff_w [7]3 years ago
7 0

Answer:

The correct answers are letters "B" and "C": The act allowed the Federal Reserve to set uniform reserve requirements for all commercial banks; and,  the act allowed commercial banks to pay unrestricted interest rates on checking accounts.

Explanation:

The Monetary Control Act (<em>MAC</em>) passed in 1980 is considered to be the first set of rules established in the banking industry after the Great Depression (1929). It mainly forced all the banks to remain under the rules of the Federal Reserve. Besides, it provided banks the autonomy to choose the interest rate on accounts under their own discretion.

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During the recent economic crisis, many financial managers and corporate officers have been criticized for (a) poor decisions, (
Ksju [112]
<span>During the recent financial crisis, many financial managers and corporate officers have been criticized for (c) Large salaries. This criticism is certainly justified given that most executives received exorbitant compensation despite a plunge in the value of their companies. Thus, their salaries are not justifiable as they are not serving the needs of the shareholders whose interest they should serve. </span>
7 0
3 years ago
Please help! :)
Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0
2 years ago
A case in which people like to drink orange juice at breakfast but not before going to bed, and do not like to drink milk for br
yulyashka [42]

Answer:

Letter C is correct. <u>Person by situation interaction.</u>

<u>Explanation:</u>

This is a cognitive process that occurs through the individual perspective of each human being. This implies that our behavior is not totally conditioned by an automatic response predetermined by any variables, but what determines our way of being and acting is the set of learnings, memories, thoughts and perceptions about certain situations as well. as the process of social interaction, which determines how the experiences and actions lived by an individual in society will actively influence their tastes, actions and perceptions about society in general.

8 0
3 years ago
Sparty Corporation has provided the following information for its most recent year of operation:
Wewaii [24]

Answer:

E. $40,600

Explanation:

Calculation for the amount of net income reported on Sparty's income statement

Revenue $97,000

Less: Operating Expenses $39,000

Profit Before Tax $58,000

(97,000-39,000)

Less Taxes $17,400

Net Income $40,600

($58,000-$17,400)

Therefore the amount of net income reported on Sparty's income statement will be $40,600

7 0
2 years ago
Type the correct answer in the box. Spell all words correctly.
umka21 [38]
Do you have a word bank?

i think 1: flowchart
2: first
5 0
3 years ago
Read 2 more answers
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