All categories

3 years ago

Why is the fed sometimes said to have a "dual mandate"? the fed is said to have a" dual mandate" because

1 answer:

6 0

<span>Federal Reserve is sometimes said to have a “dual mandate” because of letter D which is, maintaining price stability and high employment are the two most important goals of the fed that are explicitly mentioned in the employment act of 1946.</span>

You might be interested in

- Adele Corp., a wholesaler of music equipment, issued $22,000,000 of 20-year, 7% callable

Leni [432]

Answer:Please see answer in explanation column

Explanation:

The Journal entry is shown below:-

1. To record the issue of bonds payable

Date Account titles and explanation Debit Credit

March 1 20Y1 Cash $22,000,000

To Bonds payable $22,000,000

2.To record Interest on the bonds paid

Date Account titles and explanation Debit Credit

Sept 1 20Y1 Interest expense $770,000

Cash $770,000

Calculation:

Interest = face value of bonds x interest rate x time

=$22,000,000 x 7% x 6/12

=$770,000

3. To record bonds on retirement is recorded

Date Account titles and explanation Debit Credit

Sept 1 2045 Bonds payable $22,000,000

Loss on retirement of bonds $440,000

To Cash $22,440,000

Calculation:

Cash = $22,000,000 × 102/ 100) = 22,440,000

Loss on retirement of bonds = $22,440,000 - $22,000,000 = $440,000

8 0

3 years ago

at what point described below will producer surplus most likely drop to zero for a firm? a.) when the firm is taking a significa

kherson [118]

(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

<h3>What is revenue?</h3>

The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
A company's overall earnings or profit are referred to as income or net income.
Although both revenue and profit are positive indicators for your company, they are not the same thing.
The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.

Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

Know more about revenue here:

brainly.com/question/16232387

#SPJ4

3 0

1 year ago

If quantity of tea is measured on the horizontal axis and quantity of coffee is measured on the vertical axis, an increase in th

tatyana61 [14]

Answer:

A. pivot rightward (pivot out) along the horizontal axis

Explanation:

Tea and coffee represent substitute goods. If price of a good increases, this causes an increase in quantity demanded of it's substitute.

In the given case, quantity demanded of tea is measured on horizontal axis while quantity demanded of coffee is measured on vertical axis. The budget constraint for tea and coffee shows different combinations of quantity of tea and coffee demanded within a fixed expenditure.

When price of coffee increases, within the same budget constraint, the quantity demanded of tea shall rise.

This would lead to the budget constraint to pivot rightward (pivot out) along the horizontal axis.

4 0

3 years ago

Cash received prior to delivering a product or performing a service is called what

melomori [17]

A deposit for services

4 0

3 years ago

You are meeting to discuss the proper categorization of marketing strategy costs in the monthly department budget performance re

Scilla [17]

Answer:

Explanation:

I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!

7 0

3 years ago

Why is the fed sometimes said to have a​ "dual mandate"? the fed is said to have​ a" dual​ mandate" because

Why is the fed sometimes said to have a "dual mandate"? the fed is said to have a" dual mandate" because