1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
umka21 [38]
3 years ago
8

The Federal Reserve System (the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations

in 1914. Like all central banks, the Federal Reserve is a government agency. All of the following statements are true about the Fed except:
a. the Federal Reserve is the "lender of last resort.
b. it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
c. it focuses on making a profit like commercial banks.
d. it has the power to supervise and regulate banks.
Business
1 answer:
ohaa [14]3 years ago
3 0

Answer:

b. it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

Explanation:

This is generally what the federal reserve does, and they try to stop both deflation and inflation

You might be interested in
Suppose Stark Ltd. just issued a dividend of $1.59 per share on its common stock. The company paid dividends of $1.25, $1.33, $1
vlada-n [284]

Answer:

Explanation:

arithmetic average growth rate = {[(1.33 - 1.25)/1.25] + [(1.40 - 1.33)/1.33] + [(1.51 - 1.40)/1.40] + [(1.59 - 1.51)/1.51]} / 4 = {0.064 + 0.053 + 0.079 + 0.053} / 4 = 0.06225 x 100 = 6.225%

geometric growth rate = ⁴√{0.064 x 0.053 x 0.079 x 0.053} = 0.061%

a) using arithmetic average growth rate

Div₁ = $1.59 x 1.06225 = $1.689

P₀ = $40

g = 6.225%

40 = 1.689 / (Re - 0.06225)

Re - 0.06225 = 1.689 / 40  = 0.04222

Re = 0.04222 + 0.06225 = 0.10447 = 10.45%

b) using geometric average growth rate

Div₁ = $1.59 x 1.061 = $1.68699

P₀ = $40

g = 0.061%

40 = 1.68699 / (Re - 0.061)

Re - 0.061 = 1.68699 / 40  = 0.04217

Re = 0.04217 + 0.061 = 0.103174 = 10.32%

8 0
3 years ago
Your credit limit is $1,000 what is the max you should ever owe on this card?
elixir [45]
<span>When the financial institution or lender gives a borrower a maximum credit limit of $1,000, it means that he can only owe within that amount or spend up to that limit. Otherwise, spending more than $1,000, the borrower may face penalties or fines in addition to his regular payment. In other words, credit limit refers to the maximum amount of credit a bank extends to the client who has the capacity to pay his debt. </span>
8 0
3 years ago
Read 2 more answers
In a fixed exchange rate system, how do countries address the problem of currency market pressures that threaten to lower or rai
Xelga [282]

Answer:

If demand falls, then countries must increase demand by buying excess supply with national currency ; If demand increases, countries must meet the excess demand for foreign exchange by selling their reserves.

Explanation:

The first analyzes we know about demand are those related to price fluctuations and the quantity of products or services in a given market, leading to changes in demand depending on the type of market competition, which leads us to consider the potential market, consumption level and distribution of family spending. This is where the opinion of the Marketing analyst becomes important, which should ask the following questions: How many people can buy our product? If the researcher tries to obtain a skateboard market potential, it is essential to investigate the number of births in the given period.

Just as the money supply is constituted by the total amount of money that exists in an economy, which is closely related to liquidity, as a consumer buying instrument. The so-called Total Monetary Demand arises, “the function that expresses the amount of wealth that people and companies keep in the form of money” and that at the time of consuming it is transformed into units of units of a good or service that consumers want Acquire at a specific time.

7 0
2 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
ZanzabumX [31]

Answer:

$71,240

Explanation:

The computation of the total gross margin under absorption costing is shown below:

As we know that

Gross Margin = Sales - Variable Manufacturing Cost - Fixed Manufacturing Overhead For Units Sold

Sales (2,740 units × $131) $358,940

Less Manufacturing Costs  

Direct Materials (2,740 units × $44) $120,560

Direct Labor (2,740 units × $19) $52,060

Variable Manufacturing Overhead (2,740 units × $13) $35,620

Fixed Manufacturing Overhead ($85,260 ÷ 2,740 units ÷ 2,940 units) $79,460

Gross Margin                         $71,240

We simply applied the above formula

6 0
3 years ago
In​ economics, the best definition of technology is: A. the speed of communication. B. the development of new products. C. the p
luda_lava [24]

Answer:

C

Explanation:

4 0
3 years ago
Other questions:
  • The marginal-cost curve intersects the average-total-cost curve at the output level where average fixed costs are zero.
    8·1 answer
  • Guaranteed Appliance Co. produces washers and dryers in an assembly-line process. Labor costs incurred during a recent period we
    12·1 answer
  • Which resource management activity identifies and verifies that personnel are qualified for a particular position? A. Qualifying
    12·1 answer
  • Given the following data: Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goo
    14·1 answer
  • Which of the following techniques can be used to narrow options for increased decision-making effectiveness? A. Applying differe
    9·1 answer
  • Shiro enrolled in Composition 101, a three-credit course. If this class meets twice a week, how long should Shiro expect each cl
    11·1 answer
  • Why do you think<br> Relationship skills are<br> important when you own a<br> business?
    9·1 answer
  • A jewelry manufacturer incurred the following costs: 15,000 units produced with costs of $557,500, and 5,000 units produced with
    12·1 answer
  • The Tucana Bank of Commerce pools customer deposits and uses the
    13·1 answer
  • 1. Sell product for $25,000 with historical cost of $20,000 2. Sell product for $20,000 with historical cost of $16,000 3. Sell
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!