Answer:
Reserves fall by $2 million, and the monetary base falls by $2 million.
Explanation:
In the books of First National Bank, the purchase of $2 million of bonds by First National Bank, from the Federal Reserve means there is a reserve with the Federal Reserve represented by security which stands as asset.
In the books of the Federal Reserve, The sales of bonds to First National Bank will create a liability from the reserve assets.
See attached for the T-accounts explain the answer
The answer is True because it depends on both
Answer:
<em>For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as much time as needed to ensure they are fully informed. </em><em><u>True</u></em><em> </em>
Answer:
E. All of the above
Explanation:
all of the given options qualify as being true about cost allocation.
