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3 years ago

Which of the following statements regarding Federal Reserve independence is incorrect?

Business

1 answer:

hichkok12 [17]3 years ago

8 0

Answer:

The correct answer is option D

D. The 14-year non-renewable terms for governors effectively insulate the Board of Governors from political pressure

Explanation: Option D is incorrect regarding federal reserve independence.

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An _______ is an activity to get you thinking about your project including your role, the challenge and objectives. Question 4 o

butalik [34]

Answer:

obstacle course

Explanation:

An obstacle course helps your mind to focus on your project or activities and gets your thought process going.

5 0

3 years ago

Which of the purchases is more likely to be paid for with a credit card?

Andru [333]

Probably something with a huge value

8 0

3 years ago

Read 2 more answers

Steve Smith will receive $82,870 on 5 years from now, from a trust fund established by his father. Assuming the appropriate inte

sweet-ann [11.9K]

Answer:

$50,875

Explanation:

The computation of the present value is shown below:

Given that

NPER = 5 × 2 = 10

RATE = 10% ÷ 2 = 5%

PMt = $0

FV = $82,870

The formula is shown below:

= -PV(RATE;NPER;PMT;FV;TYPE)

After applying the above formula, the present value is $50,875

Hence, the present value is $50,875

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0

3 years ago

On October 1, Courtland Company sold merchandise in the amount of $5,800 to Carter Company, with credit terms of 2/10, n/30. The

Vilka [71]

Answer:

The journal entry that Courtland makes on October 8 is:

Debit Cash $5,684

Debit Sales Discount $116

Credit Receivable Accounts $5,800

Explanation:

On October 1, when Courtland Company sold merchandise, the following entries were made:

1. Debit Cost of goods sold $4,000

Credit Merchandise $4,000

2. Debit Receivable Accounts $5,800

Credit Sales $5,800

Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

Carter pays and takes the appropriate discount:

2% x $5,800 = $116

Cash Courtland Company receives: $5,800-$116 = $5,684

The journal entry that Courtland makes on October 8 is:

Debit Cash $5,684

Debit Sales Discount $116

Credit Receivable Accounts $5,800

3 0

3 years ago

Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single

larisa [96]

Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single <u>lend out or invest.</u>

<h3>What is commercial banking ?</h3>

A financial institution that accepts deposits, provides checking account services, makes different loans, and provides fundamental financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses is referred to as a "commercial bank." Most people conduct their financial business at commercial banks.

Commercial banks generate revenue through making loans, including mortgages, vehicle loans, business loans, and personal loans, and charging interest on those loans. The money needed to fund these loans is provided by customer deposits to banks.

Commercial banks provide basic banking services, such as deposit accounts and loans, to individuals and small to medium-sized businesses.
Commercial banks profit from a range of fees as well as from the interest they get on loans.

To learn more about commercial banking from the given link:

brainly.com/question/27793323

#SPJ4

5 0

2 years ago

Which of the following statements regarding Federal Reserve independence is​ incorrect?

Which of the following statements regarding Federal Reserve independence is incorrect?