Answer: a. took the unusual step of using open-market operations to purchase mortgages and corporate debt.
Explanation:
During the Great Recession of 2008 - 2009, the Fed realized that it could not sit idly by as it had done during the Great Depression of 1929 and so decided to take some drastic measures to rescue the financial system.
One such measure was the use of open market operations to buy mortgages and corporate debt. The Mortgage market crashing primarily the cause of the crises so the Fed bough them up trying to prop up the market with the hope that the real estate market would begin to recover.
The relative absence of enterprises engaged in manufacturing and finance prior to the Civil War in the Southern states is most likely due to the South's over reliance on agricultural production in its economy. Prior to the Civil War the majority of the South's economy was dependent on the production of agricultural crops like cotton. Because of this the South did not develop other industries nor a major financial sector like the North had in the diversifying of its economy.
Jeremy Siegal showed that since 1802, stocks outperformed bonds in 69% of rolling 5-year investing periods.
<h3>How often do stocks outperform bonds?</h3>
Research by Jeremy Siegal showed that 69% of the time in 5-year investment periods, stocks would outperform bonds.
This was most probably due to stocks having higher returns overtime, and being more sensitive to economic performance which brought more or less returns to the stockholder.
Find out more on the relationship between stocks and bonds at brainly.com/question/1330190.
Based on the fact that Megan arranged the machines according to their functions, this is A. Process layout.
<h3>What is a process layout?</h3>
This is a way of arranging a shop or factory where machines and equipment are arranged according to their function.
Megan arranged her machines according to how they function so that she can be able to move from one station to another. This is therefore a process layout.
Find out more on process layouts at brainly.com/question/14409617.
#SPJ12
The purchase would be recorded a Debit Buildings; credit Notes Payable
<h3><u>
Explanation:</u></h3>
Any entry that helps in increasing asset value or accounts that are a associated with the expenses or helps in decreasing an equity account or liability refers to debit. An accounting entry that helps in increasing the equity account or liability and decreasing asset or expense account refers to credit.
In the given example, Bostel decides to expand the warehouse size and decides to purchase new building. Thus the value of asset is increased as the building is an asset to the company. The building is purchased by borrowing loans from a bank. Thus this amount increases the expense account or in other words increase the liability of the company. Hence the entry should be Debit Buildings; credit Notes Payable.
