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dmitriy555 [2]
2 years ago
13

In an article in the Wall Street Journal​, Kevin​ Brady, a member of Congress from​ Texas, stated,​ "To get Congress to pass the

Federal Reserve Act​ [in 1913, President​ Woodrow] Wilson had to retain the support of...northeastern lawmakers while convincing southern and western Democrats that legislation would not... create a​ [single] central bank.​ Wilson's ingenious solution was​ federalism." ​Source: Kevin​ Brady, "How the​ Fed's East Coast Title Warps Monetary​ Policy," Wall Street Journal​, June​ 4, 2015. When Congressman Brady stated that Woodrow Wilson used​ "federalism" to convince Congress to pass the Federal Reserve​ Act, he meant that A. Wilson created a Federal Reserve System composed of 12 district banks under the supervision of a board in Washington. B. Wilson deceived Congress because there is one central federal bank system. C. the Federal Reserve Act was a federal law. D. Wilson persuaded Congress that they had an obligation to create a single central bank.
Business
1 answer:
matrenka [14]2 years ago
5 0

Answer:

C. the Federal Reserve Act was a federal law.

Explanation:

In order to pass the Federal Reserve Act(FRA) President Wilson needed the support of the entire country. From the northeastern, southern to western lawmakers.

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Brady Company entered into these transactions during May 2022, its first month of operations.
Monica [59]

The effect of each transaction on the accounting equation is to be shown in the attachment below.

The following information should be considered:

  • In the accounting equation, the total assets should be equivalent to the total liabilities & the shareholder equity.
  • It determined the financial position, performance of the company.
  • It is known as the presentation of the balance sheet.

In this way, the accounting equation should be prepared.

Learn more: brainly.com/question/14689492

4 0
2 years ago
Participation in sport keeps youths off the street and out of trouble. This is central to which explanation of the relationship
inn [45]

Complete/Correct Question:

Participation in sport keeps kids off the street and out of trouble. This is central to which explanation of the relationship between organized sport and delinquency?

a. labeling

b. economic strains

c. undifferentiated arousal

d. social bonding

e. differential association

Answer:

E, Differential association

Explanation:

Differential Association is a criminology term invented by Edwin Sutherland that shows how interaction between these people influence people to learn attitudes, values. characters, techniques as well as criminal behavior from each other.

To this effect, participation in sports brings youths together and as such changes their thoughts and are influenced to have discipline, ethics, etc which is an important aspect of sportsmanship. This influences helps to keep youths off the street and out of trouble subsequently.

Cheers.

7 0
3 years ago
The entry to record the amortization of a patent would include a debit to __________ and a credit to __________. Amortization Ex
Advocard [28]

Answer: Amortization Expense; Patents

Explanation:

The entry to record the amortization of a patent would include a debit to the amortization expense and a credit to the patents.

The journal entry will be:

Debit Amortization expenses XX

Credit Patents XX

Therefore, the correct option is A.

6 0
3 years ago
A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $10 per order. The revised EOQ is:
ruslelena [56]

Answer: three times as large

Explanation:

Economic order quantity will be calculated as follows:

EOQ = ✓(2DS/H)

D = Demand in units

Here S = Ordering cost = $10

H = Holding cost

Since S = $10

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 10 × D/ H)

= ✓(20D/H)

Since we're to increase the order cost from $10 per order to $90 per order, then EOQ will be:

Since S = $90

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 90 × D/ H)

= ✓(180D/H)

3✓20DH

The revised EOQ will then be 3 times as large.

4 0
3 years ago
Saturn Industries purchased and consumed 64,000 gallons of direct material that was used in the production of 17,000 finished un
Nikitich [7]

Answer:

The actual price = $1.08

Explanation:

The standard material price can be worked out as follows:

<em>Step 1: Work out the standard price of material  using the material usage variance</em>

Standard price = Material usage variance/(standard quantity of material - actual quantity)

Standard quantity of material = standard qty per unit × actual production

                                              = 4 × 17,000 =68,000

Standard price =  2,800/(68,000-64,000)= $0.7

<em>Step 2 : Work out the Actual material price using the material price variance</em>

Material price variance = (Standard price - Actual price )× Actual quantity of material

6,400 =  (y - 0.7) ×  17,000

6400 = 17,000y  - 11,900

17,000 y = 6,400 + 11,900

y = 18,300/17,000= 1.08

The actual price = $1.08

5 0
3 years ago
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