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AleksandrR [38]
3 years ago
5

There is an old American adage (saying): If you owe the bank a small amount of money, the bank controls you. If you owe the bank

a large amount of money, you control the bank. In the case of U.S. government debt owned by China, who is the bank?
Business
1 answer:
Alekssandra [29.7K]3 years ago
3 0

Answer:

See explanation below for answer.

Explanation:

In the case of the United States debt to China, the bank in this case is China because, following the analogy in the question, the person entity that lends money to another is the "bank".

As of December 2019, the United States debt to China stood at $1.07 trillion.

This therefore goes to further buttress the point of China being the bank in the case of them lending money to the United States of America.

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If the manager of the open market desk hears that a snowstorm is about to strike New York City, making it difficult to present c
vova2212 [387]

Answer:

a defensive open market sale

Explanation:

The Trading Desk at the Federal Reserve Bank of New York is in charge of carrying on the short term objectives specified by the Federal Open Market Committee (FOMC). The Trading Desk engages in open market operations (OMO), which are the purchase and sale of Fed's securities.

In this case, in order to lower the float, the Trading Desk should carry on a defensive open market sale which should temporarily lower the interest rate. Defense open market operations are designed to offset temporary fluctuations, they shouldn't affect overall monetary policy.  

4 0
4 years ago
Animeat is a company that sells food for exotic animals in the UAE. Business is going well but they predict they will have some
N76 [4]

Answer:

Animeat should access a flexible line of credit.

Explanation:

While it is common knowledge that businesses including those that are profitable would at one time or another have cash flow problems, yet it is pertinent for business owners and managers to always plan ahead against lack or shortage of cash flow as such could lead to total collapse of the business or customers/suppliers loss.

With regard to the above scenario, I would suggest Animeat access a flexible line of credit like invoice finance,overdraft facilities or short term business loan etc, inorder to meet up with it's food supply when the time comes. This would give the business quick access to funds/cash hence cushion the effect of cash flow problem during the predicted time.

The most important source of finance is to find the one that suit the business need and in which interest payment will be seamless so that available cash will not be depleted.

3 0
3 years ago
The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: Multiple Choice O
nasty-shy [4]

Answer:

Financing activities.

Explanation:

In the financing activities of the cash flow statement the stockholder equity section should be considered i.e. if there is an issuance of the common stock or preferred stock or both so the same would be represented as cash inflow but if there is a dividend so it would be represent as a cash outflow

So as per the given situation it is a part of the financing activities

6 0
3 years ago
The loss of tax revenues in poor neighborhoods can lead to decaying public buildings. Please select the best answer from the cho
Paha777 [63]

There are no choices but is true.  Many poor neighborhoods suffer from decaying structures that aren’t fit to live in.  Governments need to allocate a budget for this kind of situation.  Otherwise not only are you going to have building that are unlivable and dangerous but will encourage crime to take root in the area.

7 0
3 years ago
The following scenarios refer to two analysts who are employed at Global Securities, a large brokerage firm.
slega [8]

Answer:

The correct option is B)  

Explanation:

According to the CFA Institute, when there is a clash between personal interests and official duties, then there is a conflict of interest.

Standard 4 requires that members and candidates of CFA must disclose any potential clash between personal interest and those of their clients and employers etc.

This rule serves to shield employers from any unknown variance of interest that has the potential to result in unethical decisions.

When a family or friend is involved, the potential for conflicting interest may arise and should be reported.

Cheers!

6 0
3 years ago
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