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ArbitrLikvidat [17]
3 years ago
9

While all members of the Federal Reserve Board of Governors vote at Federal Open Market Committee (FOMC) meetings, only______ of

the regional bank presidents are members of the FOMC.
The Federal Reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions?
U.S. banks that cannot borrow elsewhere
Governments in developing countries during currency crises
U.S. state governments when they run short on tax revenues
The Federal Reserve's primary tool for changing the money supply is the_______ . In order to decrease the number of dollars in the U.S. economy (the money supply), the Federal Reserve will________ government bonds.
Business
1 answer:
goblinko [34]3 years ago
5 0

Answer:

(i) 5

(ii) Option (A) is correct.

(iii) Open market operations; sell

Explanation:

(A) The Federal Open Market Committee consists:  

(i) 7 members of the Board of Governors  

(ii) 5 of the 12 regional bank presidents

Therefore, only 5 of the regional bank presidents are the members of FOMC.

(B) The fed is lender of last resort to the banks in the united states which don't have any other source of borrowing.

(C) Open market operations refers to the buying and selling of government securities to the public. The central bank of a particular nation uses open market operations as a monetary policy instrument for controlling money supply.

If the fed wants to decrease the money supply in the economy, then it must sell the government bonds to the public. Hence, there is a reduction in the money supply.

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Some countries have high minimum wages and require a lengthy and costly process to get permission to open a business Select one:
Pani-rosa [81]

Answer:

b. Reducing the minimum wage and the time and cost to open a business would shift the long-run aggregate supply curve to the right

Explanation:

Minimum wage is a wage set by the government, to pay for laborers. Wages below this is illegal. Wages are also a major cost to any firm. When they have been reduced, cost of production is likely to fall. Cost of production is a factor affecting supply. When cost of production falls, supply shifts right.

This is explained as that when cost of production falls, businesses can now make higher profits. This acts as a motivation for many other firms to also enter into the market. Therefore, supply is likely to rise in the long-run, shifting the supply curve to the right.

Time and cost to open a business is another factor affecting supply. When the time and cost is high, it discourages new firms because they do not want to undergo the hassle of submitting many legal documents or may not have enough funds to pay for all the costs. However, when the cost and time taken falls, more firms will be willing and able to enter into the market. Thus, the supply curve shifts right in the long run, increasing quantity supplied.

6 0
3 years ago
Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of cash flows, the com
Nezavi [6.7K]

Answer:

The answer is: B) An inflow of $12,000

Explanation:

Croft Company's cash flow should include the total cash inflow (the company received money) of $12,000. Even if the company bought the land the day before, paying the $10,000 yesterday, the cash flows are independent one from another. It should have recorded the outflow of $10,000 "yesterday".

7 0
3 years ago
Concord Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled
Readme [11.4K]

Answer:

the material cost per unit is $4.60 per unit

Explanation:

The computation of the material cost per unit is shown below:

= Total material cost ÷ equivalent units of material

= $86,940 ÷ (18,900 - 1,000) × 100% + 1,000 × 100%

= $86,940 ÷ (17,900 + 1,000)

= $86,940 ÷ 18,900

= $4.60 per unit

Hence, the material cost per unit is $4.60 per unit

The same should be considered and relevant

5 0
3 years ago
A good cover letter should only address your ability to perform __________ skills that the employer is seeking.
aalyn [17]

Answer: b. three or four

Explanation:

Cover letters are meant to introduce the applicant for the role in a manner that would inspire the recruiter to want to take their applicant further in the recruitment process.

As such, the applicant should include some selling points to encourage this. One of said selling points is the possession of the skills that the role in question requires. A good number to possess/include in the letter is three to four of said skills because anything less might be too little and anything more might inspire distrust.

7 0
3 years ago
Who or what determines a country's GDP?
FromTheMoon [43]
Who i believ is the senator
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