Answer:
D. The Fed decreases the discount rate relative to the federal funds rate.
Explanation:
The discount rate is the interest rate charged by the Central bank when commercial banks borrows funds from it.
When the discount rate is lowered, excess reserves increase and money supply increases.
The reserve requirement is the amount of deposits of commercial banks that should be kept as reserves. The higher the reserve requirement, the lower the money supply.
If banks hold more excess reserves, money supply falls.
An open market sale decreases money supply while an open market purchase increase money supply.
I hope my answer helps you.
A flat tax is a tax system that taxes income at a single fixed rate regardless of an individual income level, meaning that all taxpayers pay the same tax rate on their income.<span>This tax is applied upon consumers at the point of sale for goods and services.</span>
<span> sale tax is a tax imposed on the sale of goods and services that is usually calculated as a percentage of the purchase price and collected by the seller</span>
Answer:
Hard Drive
RAM
USB Drive
Explanation:
Is a piece of hardware that hold the storage medium, sends data to the medium, and retrieves data from the medium. Hard Drives, CD-ROM and DVD-ROM drives, floppy disk drives, and tape drives are all examples of storage devices.
Answer:
A. Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. 31
Dr Factory labour $61,300
Cr Factory wages $61,300
Explanation:
Preparation of the Journal entries for Sunland Company
A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:
Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:
31
Dr Factory labour $61,300
Cr Factory wages $61,300
Answer:
c
Explanation:
purchasing ships to transport goods oversees
