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fgiga [73]
4 years ago
9

Which of the following does not describe some of the functions of the Federal Reserve​ Bank? A. Regulates the money supply and i

ntervenes in foreign exchange markets. B. Acts as the​ government's fiscal​ agent, supervises banks and acts as a lender of last resort. C. Supplies the economy with fiduciary​ currency, provides a system for check clearing and holds depository​ institutions' reserves. D. Acts as a medium of​ exchange, a unit of​ accounting, a store of value and a standard of deferred payment.
Business
1 answer:
TiliK225 [7]4 years ago
6 0

Answer: Option (D) is correct.

Explanation:

Federal Reserve Bank is the reserve bank of united states. There are some functions of central bank such as:

(a) Banker's Bank

(b) Monetary regulatory authority

(c) Lender of last resort

(d) Controller of credit

(e) It is a clearing house for the transfer and settlement

Option (D) explain the functions of money and these functions are not related with the Federal Reserve Bank.

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Answer:

The French

Explanation:

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8 0
3 years ago
Halestorm Corporation’s common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the
nadezda [96]

Answer:

13.275%

Explanation:

Using Capital Asset Pricing Model we have,

Cost of equity = Risk free return + Beta (Market return - Risk free return)

Provided risk free rate of return = 4.8%

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Market rate of return = 12.3%

Therefore cost of equity = 4.8% + 1.13 (12.3 - 4.8)

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Therefore, Halestorm Corporation's cost of equity

= 13.275%

5 0
3 years ago
How long does it take for the irs to process your tax return?
Kryger [21]
If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.
3 0
3 years ago
Which is not a reason for allocating internal costs to cost objects? Managers should be charged for benefits received by departm
Kamila [148]

Answer:

The reason which is not used for allocating the internal costs to the cost objects is to measure the selling price of the products.

Explanation:

Internal cost is the cost on which the businesses or company bases its price on which involve costs such as energy, plant, equipments and materials.

Cost objects is the department or the product for which costs are evaluated or measured. For example, a product is the cost object for direct labor and direct materials.

And the reason which is not used for allocating the internal cost to the cost objects is the evaluation of the selling price of the product as in a market, selling prices are determined or set by the demand and the supply factor.

7 0
3 years ago
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
sergejj [24]

Answer:  The free enterprise system was certainly necessary for Mary Kay Ash to make an impact on the business world.

Explanation: This is because having no restrictions from the government, Mary Kay could set the price of her products, making them competitive in the market.  By selling directly to end consumers, she skipped intermediaries, therefore cut costs and had a great impact on the business world.  Another strategy she used is "try before buying", which became a plus for her products, having satisfied costumers become captive consumers, always coming back for more. The Free Enterprise System was absolutely helpful for Mary Kay Cosmetics to have pressence in the world for 56 years now.

6 0
3 years ago
Read 2 more answers
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