All categories

3 years ago

The Federal Reserve bank acts as banker to both the United States and various international banks true or false

Business

2 answers:

USPshnik [31]3 years ago

7 0

That's not true at all, so it'll be False

spin [16.1K]3 years ago

7 0

Answer:

FALSE

Explanation:

The Federal Reserve is the bank that drives US monetary policy, which consists of varying interest rates, buying and selling bonds, and deciding on compulsory deposit rates of private banks. As the conductor of the US currency, the dollar, Federal Reserve decisions influence central bank decisions around the world, but each central bank has its own independent decision-making system.

You might be interested in

When there is an expansionary gap, inflation will ______, in response to which the Federal Reserve will ____ real interest rates

dalvyx [7]

Answer: increase; raise; decline

Explanation:

An expansionary gap occurs in an economy when the potential output in the economy is less than the actual output.

It should be noted that when there is an expansionary gap, this will lead to a rise in inflation. Since inflation has risen, the government will also increase the real interest rates which will in turn, lead to the reduction in output.

7 0

3 years ago

Mollie has $550 in a savings account that earns 3% simple interest each year. If she does not deposit or withdraw from her accou

Zepler [3.9K]

As per the given simple interest, the amount in the account after 10 years is $715.

How to calculate Simple interest?

The general formula to calculate the simple interest is written as,

A = P(1 + rt)

Where

A refers Total Accrued Amount (principal + interest)

P refers Principal Amount

r refers Rate of Interest per year in decimal; r = R/100

t refers Time Period involved in months or years

Mollie has $550 in a savings account that earns 3% simple interest each year.

Here we need to find the amount in her account after 10 year.

According to the given question, we know that

Principal amount =$550

Interest rate = 3%

Time period = 10 years

Then the simple interest is calculated as,

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year.

Solving our equation:

A = 550(1 + (0.03 × 10)) = 715

A = $715.00

Therefore, the total amount accrued, principal plus interest, from simple interest on a principal of $550.00 at a rate of 3% per year for 10 years is $715.00.

To know more about Simple interest here.

brainly.com/question/14399880

#SPJ4

3 0

1 year ago

Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $

VLD [36.1K]

Answer:

Chiquita makes an economic profit of $250,000.

5 0

3 years ago

What is the bullwhip effect and how does it relate to lack of coordination in a supply chain?

rewona [7]

Answer:

The bullwhip effect happens when retailers or other members of the supply chain overestimate a sudden increase in demand, and this causes a chain reaction in all the other participants of the supply chain that start requesting higher quantities of goods or materials for production. E.g. the fidget spinner was a very popular fad and its producers probably didn't anticipate how large the demand would be. Once the product became extremely popular, everyone wanted to sell fidget spinners. This caused an increase in the order quantities of all the supply chain. Once the fad faded out, all this momentum stopped and many stores, distributors, wholesalers, and even factories were left with huge unsold stocks of fidget spinners.

When the supply chain is well coordinated, there is little chance for some retailers or distributors to over react and want more product just in case. If your supply is guaranteed, then it would take some extraordinary increase in demand to make you want to increase your purchase orders. But if your supply chain is not well coordinated, you might fear that you will lose a lot of sales and other competitors will make them. Then you get anxious and start ordering large quantities.

6 0

3 years ago

You are considering buying one of two types of health insurance, both with the same premium. You guess that in the next year the

dybincka [34]

Answer and Explanation:

The computation is shown below:

a. The expected value of payout arise from emergency is

= 0.01 × $67,500

= $675

b. The expected value of payout arise from capped coverage insuance is

= (0.9 × $500) + (0.09 × $2,500)

= $675

c. The risk averse shows the minimum exposure with respect to the swings of the income or there would be the loss in the income. Since the payout amount is same in both the cases so here we considered option B

8 0

3 years ago