Answer:
b) 2 bananas.
Explanation:
Provided that
Given budget or income = $12
The price of an apple = $1.50
The Price of a banana = $0.75
Since if we equate this banana and apple price, the opportunity cost is
The price of an apple = The Price of a banana
$1.50 = 2 bananas
The price of one banana is $0.75, for two it is $1.50 after multiplying the price of one banana with two bananas
Answer:
$7,480
Explanation:
Mr Thano withdrew $22,000 at the age of 47
Marginal Tax rate= 24%
At the age of 47 means that the withdraw was made prematurely. Immature withdrawal of retirement plans means withdrawal made before the age of 60-65 years depending on the Country Policy
Hence, Tax Cost = 24% * 22,000
Tax cost = 5,280.
In addition, Mr Thano will be charge premature withdrawal cost of 10% as well
10% * 22000 = 2,200.
In total, the tax cost on the withdrawal of $22,000 is = $5,280 + $2,200 = $7,480
The u.s. treasury, the federal reserve banks, commercial banks, and thrift institutions excluded According to the question, the "federal reserve system" is the organisation in charge of controlling the nation's money supply.
The central banking system of the United States of America is said to have a variety of duties to carry out. The main duties include keeping an eye on financial institutions, controlling the amount of money in the economy, acting as the government of the United States' fiscal agent, etc. As a result, its main goal is to ensure the financial and monetary systems are secure, flexible, and stable.A commercial bank purchases a Treasury bond from the Federal Reserve for $100,000. the amount of money available could rise by $100,000.The Federal Reserve buys and sells government assets to control interest rates and the availability of money. This activity is classified as open market activities.
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