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iren2701 [21]
3 years ago
9

All of the following are functions of the Federal Reserve System EXCEPT:______

Business
1 answer:
kotykmax [81]3 years ago
6 0

Answer:

D

Explanation:

The others are all bank actions. THe last one talks about spies.

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According to the law of comparative advantage, both individuals and nations will be able to produce a larger joint output if eac
zzz [600]

Answer:

the low opportunity cost producer. 

Explanation:

A person or nation has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries or people.

For example, let's assume country x produces either 10 Apples or 5 oranges in 1 hour while country y produces either 20 Apples or 2 oranges in one hour. The opportunity cost for country x of producing apples and oranges are 0.5 and 2 respectively. While for country y, the oopportunity cost of producing apples and oranges are 0.1 and 10 respectively.

Country y has an opportunity cost and comparative advantage in the production of Apples while country x has a comparative advantage in production of oranges.

I hope my answer helps you

5 0
3 years ago
The debt to owners' equity ratio is a common type of liquidity ratio
s344n2d4d5 [400]

Answer: No

Explanation: D/E is a solvency ratio. Liquidity ratios are quick and current ratios.

5 0
3 years ago
Bonds that are backed solely by the general credit of the corporation issuing them are called _______ bonds.
babymother [125]
Unsecured bonds, these bonds are also called debenture bonds.
I hope this helps.
3 0
3 years ago
Which option identifies the type of budget development represented in the following scenario?
Alexus [3.1K]

Answer:top approach

Explanation:

4 0
2 years ago
Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2015.
liraira [26]

Answer:

1. Income statement for 2016.

Sales revenue ($1,661,000 + $15,000)                             $1,676,000

Less Cost of Sales

Purchases ($1,490,000 + $145,000)                               ($1,635,000)

Gross Profit                                                                             $41,000

Less Expenses

Office Expense                                              $95,000

Salaries and wages expense                     $955,000

Utilities Expense                                         $530,000     ($1,580,000)

Net Loss                                                                            ($1,539,000)

<u>2. Statement of retained earnings for the fiscal year ended August 31, 2015.</u>

Retained Earnings Beginning     $410,000

Dividends                                       $10,000

Retained Earnings Closing         $400,000

Explanation:

Income statement calculates profit : Profit = Gross Profit (Sales - Cost of Sales) - Expenses. Whilst Statement of retained earnings calculates closing balance in Retained Earnings : Closing Balance = Opening Balance + Profit for the year - Dividends  

7 0
3 years ago
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