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Goryan [66]
3 years ago
15

How does the Federal Funds Rate affect consumers looking to take out a loan?

Business
1 answer:
Artyom0805 [142]3 years ago
6 0

Answer:

The federal funds rate is the rate at which banks borrow money overnight. When the Fed wants to stimulate the economy, it will lower the short-term funds borrowing rate. In response, banks typically lower the interest rates they charge to consumers for a variety of loans.

You might be interested in
What’s the law that results from the requirement that all exchanges be voluntary
Novosadov [1.4K]
Voluntary exchange, or the law against stealing. A voluntary exchange is one of the hallmarks of a free market. Stealing is the taking of goods against another's will, or involuntarily. 
4 0
3 years ago
Gregory is a manager in an insurance company and heads a team of 30 agents. In order to meet the company's target, every agent n
WITCHER [35]

Answer:

E. Exchange

Explanation:

-Pressure: Is to force compliance by using intimidation.

-Ingratiation: Is becoming more likeable to ask for something.

-Coalition: Is to get people to help you to convince someone

-Personal appeal: Is to use friendship to ask for something

-Exchange: Is to offer or promise something to receive something else in return

According to this, the influence tactic that Gregory is using is Exchange because Gregory promised his agents a bonus if they meet the target.

5 0
3 years ago
Read 2 more answers
The federal deficit fell from $1,300 billion in 2011 to $1,087 billion in 2012. How much of this change was due to
densk [106]

Answer:

Dear Student,

I trust that this meets you well.

The question requires additional details for it to be answered.

Kindly provide the same as soon as you can.

Cheers

6 0
3 years ago
Darryl’s portfolio includes 66 shares of Essentia Inc., 95 shares of SFT Legal, and 180 shares of Grath Oil. If Essentia Inc. pa
Margaret [11]

Answer:

The correct option is d. $579.44

Explanation:

For computing the total dividend which is to be received every year, we have to calculate the sum of different portfolios. The calculation is shown below:

= Essentia Inc shares × dividend per share + SFT Legal shares × dividend per share + Grath Oil shares ×  dividend per share

= 66 × $1.79 + 95 × $2.62 + 180 × $1.18

= $118.14 + $248.9 + $212.4

= $579.44

Hence, the $579.44 should Darryl receive in dividends every year.

Thus, the correct option is d. $579.44

7 0
4 years ago
Ultimate Sportswear has $190,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also ha
iragen [17]

Answer:

$11,400  and $27,600

Explanation:

The computation of the dividend distributed are as follows

Given that

6% noncumulative, nonparticipating, preferred stock = $190,000.

Common stock outstanding   = $590,000.

In the first year,  no dividend paid by the company.

The preferred stock is noncumulative that means no dividend will be a carryover.

Second year dividend paid by company = $39,000

 Now based on the given information, the dividend distributed are as follows

For preffered stock

= $190,000 × 6%

= $11,400

And for common stock

= $39,000 - $11,400

= $27,600

This is the correct answer but the same is not provided in the given options

First we have to paid preferred stockholders and then equity stockholders

4 0
3 years ago
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