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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

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Where can I find a bomber winter jacket In flushing
ollegr [7]
I would try Amazon or Ebay.

Is this a school question?
7 0
3 years ago
Read 2 more answers
Her neighbor could not afford to repair the roof on her house, so tijuana secretly hired and paid for a contractor to repair the
ANTONII [103]

Tijuana's actions are an example of <u> "altruism".</u>


Altruism is carrying on of worry for another's prosperity. Regularly, individuals carry on charitably when they see others in edgy conditions and feel sympathy and a craving to help. Selflessness doesn't generally easily fall into place, since by definition, it expects individuals to slight their very own worries to help other people with no desire for remuneration, however "reciprocal altruism" is a term utilized by evolutionary scholars and analysts to describe the choice to help with a desire that one will get some advantage or result to oneself. Agreeable conduct enabled our predecessors to make due under brutal conditions, despite everything it fills an important need to an exceedingly mind boggling society.

3 0
3 years ago
Curzon International is a hospitality chain that has a wide range of hotels and motels. The company provides luxurious and outst
Mariana [72]

Answer: Altruism

             

Explanation: It refers to the behavior when an individual considers the benefit of other more important than the self benefit.

In the given case, the hotel chain has the sole purpose of providing best services to its customers. They are not ready to forego their dedication towards service even if it results in loss of their market share.

It is not a case of excellence as they are not charging extra for the same service to increase their profits.

Hence from the above we can conclude that the correct option is D.

7 0
2 years ago
Akua’s Paint Supply charges $15 per gallon of paint. Akua started with three employees, who together produced 40 gallons of pain
timofeeve [1]

Answer:

$70

Explanation:

Total revenue from three employees:

= No. of gallons of paint produced × Selling price per gallon

= 40 × $15

= $600

Total revenue from four employees:

= No. of gallons of paint produced × Selling price per gallon

= 48 × $15

= $720

Total revenue created by 4th worker:

= Total revenue from four employees - Total revenue from three employees

= $720 - $600

= $120

Cost of hiring 4th worker = $50 per day

Therefore,

Marginal profit for the fourth employee:

= Total revenue created by 4th worker - Cost of hiring 4th worker

= $120 - $50

= $70

4 0
3 years ago
Suppose the economy starts off producing Natural Real GDP. Next, aggregate supply rises, ceteris paribus. As a result, the price
lord [1]

Answer:

The price level will be equal to what it was before there was a rise in the aggregate supply.

Explanation:

In economics, natural gross domestic product (Natural Real GDP) can be described as the maximum level of real GDP that can be  sustained by an economy over the long term. The Natural Real GDP is also known as the potential output.

From the question, since the economy has moved back to producing Natural Real GDP which is the maximum real GDP sustainable, the price level will be equal to what it was before there was a rise in the aggregate supply.

Therefore, the price level will be equal to what it was before there was a rise in the aggregate supply.

8 0
3 years ago
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